Various people interested in the F/S of a company who are called stakeholders Directors, shareholders, employees, creditors, taxation authorities, and the public. in large corporations, owners and management are distinct Directors are accountable to shareholders as their stewards or agents. Accountability means required to justify actions and decisions
These issues are often discussed under the umbrella title corporate governance. Corporate governance refers to the system under which an organization is controlled and directed. KAIZEN IS A JAPANESE TERM THAT MEANS CONTINUOUS IMPROVEMENT. COST EFFICIENY PDCA CYCLE (GETTING A NEW PHONE)
Budget management,
ordering out vs bringing lunch, (what do i do to get to my target)
was there any improvement (comparing acquired results with desired results), how to save up even more
taking corrective action
PLAN, DO, CHECK, ACTION
sort, straighten, shine, standardize (efficient pattern), Waste utilization and conversion into compost is a sustainable action that can easily be taken at homes
its not a one-time effort but an ongoing journey
WE CAN MAKE OUR ROADS SAFER BY COMBINING THE SYSTEMATIC APPROACHES LIKE 5S AND AKIZEN