As we use Return on Investment it is also about time to discuss Return on Time. Time is a differentiator factor and is subject to analysis.
The presentation uses a light-based metaphor: Time Scattering
5. It is unfairness,
she replied.
It is unfair that I studied
for two hours only and I
got an A whereas my
friend studied for long
hours and got a C grade.
6. Great, then next time I
must watch for how
many hours a student
studies and evaluate
him accordingly?
Is this fair? I asked.
7. I am not going to visit
every student at home
and check out her
efforts.
I am only able to correct
for the output… the
written answers on the
exam paper
8. The story tells us
an important fact:
It is not only the effort
we put in; more it is the
output we get.
9.
10. It is not only
Return on
Investment
(RoI); it is more
Return on Time
(RoT)
11. Time is a real
differentiator and is
subject to Blue
Ocean Strategy
See my presentation:
http://www.slideshare.net/hudali15/th
e-blue-ocean-strategy-of-time
12. time wastage
the value of time
time downs and losses
or what I call Time Dissipation
13. Create
is a major block as it
may fulfill the other
three blocks or
frames of action
15. Limestone is
widely used in
the three
industries
Ps
(Plastics, paints
and Paper)
16. The grinding time
is crucial in
reducing the cost
of beneficiation of
the mineral
17. Adding a cheap
lubricating the mineral
reduces the grinding
time by up to 50%
18. Not only that as the
proper lubricating
material may
enhance the luster
of the mineral,
which shoots up its
price
19. By adding a little extra
cost we thus achieved:
Reducing
the grinding time
Reducing
the cost of production
Raising
Raising
the quality of the produce
the selling price
Reducing
labor cost
21. We did more for less
More value in
less effort
It is not only Return on
Investment; it is more on
return on the invested time
that resulted in much less
dissipation of time
22. Plants use
photosynthesis to
manufacture food.
Not all light is used and
some light is a waste.
So, are times spent in
dissipated efforts
23. Scattered light
Scattering means the light is deflected in all
directions. Scattering happens when light
energy is absorbed by a particle or a molecule
and causes the electrons to be more energized .
When the electrons release this extra energy it
is in the form of light energy. The released light
energy is scattered.
Legend
http://www.education.com/science-fai
r/article/demonstrate-scattering-light
Sun light
White light
Scattered
(blue) light
Oxygen molecule
24. We humans may scatter
time in all directions.
Some humans scatter
seconds whereas others
scatter hours
25. To give time its
monetary value we
should talk about Return
on Time
Hoping that this
presentation has a value
of your time invested in
its reading