Business Archives | MindsGrid

Aug

22

2022

What Happened to Six Sigma?

Agile, Management, Six Sigma

Once the hottest trend in quality management, Six Sigma no longer makes headlines. Still, despite a lower profile, the process remains relevant. Six Sigma is a process that relies on statistics and data analysis to reduce errors or defects. Six Sigma's primary purpose is to improve cycle times while lowering defects to no more than 3.4 defects per million units or events. But with passage of time, other methodologies, such as Agile, Lean, and Continual Improvement, have gradually nudged Six Sigma out of the efficiency/productivity spotlight. Relevance with Present Six Sigma and its offspring, Lean Six Sigma, remain relevant in manufacturing and several service industries,…

Dec

28

2020

Zoom Phishing Scam Aims To Steal Login Credentials

Cyber Security Scams, Phishing, Ransomware

As individuals and businesses become increasingly dependent on video conferencing to stay connected during the Covid-19 outbreak, fraudsters have used the opportunity to target users with a malicious Zoom phishing scam. The Zoom phishing scam begins with an email that impersonates a notification from the video conferencing platform. The email informs the recipient in different tricky ways like you have recently missed a scheduled meeting. It encourages the user to click the link for more details and access a recording of the meeting. your account has been suspended (but can be reactivated by clicking on the attached link), or you…

Oct

25

2020

Effective Giveaway Tips During the Holidays

promote business

Giveaways are a great way to gain recognition, attract followers and grow business on social media platforms. These also provide an opportunity to give back to your loyal followers during the season of giving. Here are few Giveaway tips about how to plan an effective giveaway for the holidays. Collaborate with Brands Our biggest tip for giveaway tips is to participate in co-branded giveaways. Partner with brands that have a similar target audience as your business, but those are not your competitors. For example, if you are a baby clothing brand, you may coordinate a giveaway with a lactation specialist…

Jan

24

2019

11 Reasons Why Your Upwork Account get Suspended

Here are the 11 reasons why your Upwork account gets suspended: 1: Having fake Identity (fake name or pic). 2: Allowing others to use your account or using others account on same system. 3: Not doing or Failing the ID and phone Verification. 4: Receiving payments Off Upwork. 5: Payment Disputes and Failing to Perform on Your Contracts. 6: Multiple IP/MAC Logins 7: Contacting client outside the Upwork via Skype, emails or personal sites. 8: Forcing or abusing client for the positive feedback. 9: Sending copy paste, non-professional or non-personalized proposals. 10: Sending Many Proposals And Not Getting Hired 11:…

Apr

18

2017

How businesses compare to the world’s economies

If the 10th largest global corporation - BP - were a country, it would be the 27th biggest in the world. That's bigger than Switzerland. If Apple were a country, it would be the 25th biggest in the world. That's bigger than Belgium. If Toyota Motor were a country, it would be the 23rd biggest in the world. Volkswagen would be 22nd. Exxon Mobil 21st. They are all bigger than India. If Royal Dutch Shell - the world's fifth largest corporation - were a country, it would be the 18th largest. That's bigger than Mexico. If Sinopec Group were a…

Dec

26

2015

Logistics industry – a good place to start a new business

business, E-commerce, logistics

Convincing people that the development of the logistics industry is a scintillating topic is difficult. Bring up supply chain management, cold-chain storage, or international freight shipments and you will probably get a blank stare. But logistics don’t just go round the world—it also makes the world go round, and that’s why some of the world’s biggest tech companies, including Uber, Amazon, and Alibaba, are obsessed with it. From Moving People To Moving Things Uber is spending serious money on mapping and vehicle technology because it’s not a ride-hailing app. It sees itself as a full-fledged logistics network and the company’s experiments with delivery…