One of the most memorable case studies on Japanese management was the case of the empty soap box, which happened in one of Japan's biggest cosmetics companies. The company received a complaint that a consumer had bought a soap box that was empty.
Immediately the authorities isolated the problem to the assembly line, which transported all the packaged boxes of soap to the delivery department. For some reason, one soap box went through the assembly line empty. Management asked its engineers to solve the problem. Post-haste, the engineers worked hard to devise an X-ray machine with high- resolution monitors manned by two people to watch all the soap boxes that passed through the line to make sure they were not empty.

No doubt, they worked hard and they worked fast but they spent whoopee amount to do so. But when a workman was posed with the same problem, did not get into complications of X-rays, etc but instead came out with another solution.
He bought a strong industrial electric fan and pointed it at the assembly line. He switched the fan on, and as each soap box passed the fan, it simply blew the empty boxes out of the line.

Always look for simple solutions. Devise the simplest possible solution that solves the problem. So, learn to focus on solutions not on problems. "If you look at what you do not have in life, you don't have anything; if you look at what you have in life, you have everything.
Courtesy Dear Sujatha.
15 comments:
Nice one, read earlier though, even in my projects
also we call as 'KISS',,, Keep it simple and straight
forward.
Namaste Ilango sir.
Excellent article. Another point to learn from this article is 'Do not keep the problem to yourself; instead pose it to everyone so that at least some one will come out with a KISS solution'
My regards to Sujatha madam.
LV
@Ilango
Short,sweet and to the point. I could not restraint myself after reading this article and hence I am posting my comment after a long time in this blog. Very nice one.
May god bless you and your family.
Regards,
Veer
master,
Akbarbadshah,had 9 jewels in his management.you have many
here.who all are helping persons like me in all dimensions.
thank you very much.thank you Sujatha madam.have a nice weekend.
Dear Thiru Ilango,
This weeks story is also short like the simple solution narrate aboveWhile typing this I am not able to see what I am typing. This problem is to be solved. Gems hellp Ilangoji. to hage a simple solution. Right side green boarder is covering the area.
Dear ILango sir & Sujatha!
Thank you very much for a nice story.
A Quote for all:
Life is like a 3 pages book.
2 pages are already written by God.
1st Page, `Birth`, Last Page `Death` & Centre Page `Empty`. So fill it with smile, love, faith, pray and human welfare.
"If you look at what you do not have in life, you don't have anything;
if you look at what you have in life, you have everything...
I am sitting next to a passenger here in a bus.
Interestin story of his.
Burnt his entire body in a fire accident.
Lost his wife also in t same accident.
Two unsettled children.
But still talkin wit all tat happiness in heart
and t smile on his face...
MASTER ,we got it straight .big problems need not have BIG solutions.they can be sulved by simple means.thanks for helping us to enrich our lives .HAVE GOOD DAY.
Sujatha sure knows how to blow troubles away.
@Ilango Sir @Sujatha
That is awesome really ---
Another Story goes like this that ---
Once the Directors of Colgate Tooth Paste Gathered to discuss on how to Increase the Sales of Colgate and The disussion went on for many days
At last the management failed to come to a decent solution Except that they had huge marketing budgets to market and increase the sale.
Incidentally the peon who delivers the water to the conference room requested to give his opinion when he was serving water during disussion.
And the Answer was "Simply make the Nozzle of the Tooth paste Tube Larger"
Well that is really a simple solution without any Budget hikes :)
Have a Happy weekend
Sir,
Very good advice.
Mathews
A quote :
Two things decide the progress in our lives
The way we MANAGE when we have NOTHING in hand
The way we BEHAVE when we have EVERYTHING in hand.
Ashok
An interesting link on how algos shape the trading workd
http://www.ted.com/talks/kevin_slavin_how_algorithms_shape_our_world.html
Dear All,
I am trading only in F&O and made the losses for the last 2 years. Last year the tax consultant filed my return in ITR2 and this year another tax consultant filed by using ITR4. I would like to know few points related to Tax filling,
1. Should we need to consider the loss from such transactions will be considered as normal business transactions or speculative transactions?
2. I heard Business losses can be carried forward for eight subsequent years and speculation loss can be carried forward for a period of four years only.
3. For the F&O transactions, which ITR (2 or 4) form we need use and how many years we can carry forward the losses.
4. Some people are telling F&O losses are needs to be treated as “short term capital loss”, hence ITR 2 has to be used. Some other people are telling anything Derivative transactions, it comes under “Speculative business”, hence ITR 4 has to be used.
Request you to clarify me, as I believe most of you here trading in F&O and I am sure you are filling IT return.
Thanks
K7
Also if possible, please provide the govt website URL, where all these things are mentioned and documented.
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