Saturday, April 6, 2013

Mind your business… easily

Managing business has been made simpler with increasing use of mind maps in analysing the components that make a business model work.

What do Boeing, BB­C, Google and P&­G have in comm­on? All these global companies use Mind Maps to increase their efficiencies in ope­rations and save valuable time and money. Using mind maps in businesses have become global trend but is still nascent and evolving in the country.

“For setting up or managing any business, the key attributes are ideas and thought process ap­art from resources and infrastructure. Why not giving physical shape to those ideas using mind maps to analyse and get clarity for better understanding,” says Koteshwar, Educe Learning.

One may doubt, how is it different from things to do or points that one note. He says, “It explains the entrepreneur to think a lot in one direction with clarity and organised way. For instance, if you write a business needs on a paper, you may not actually concentrate each of the sub-sets that you need to do to achieve that objective. However, mind maps are radiant, colourful with curves and pictorially depicted as maps. The objective of the business is at the centre and the things required to reach that objective can be stems. Further, each of the stems can be divided to facilitate each of those things required.

“The nature works in a radiant way from brain to tree. Working in this style will help to think in multiple directions on each of the subject that gives a better and holistic understanding. The pictorial and colourful looks break the monotony and make the person to remember in simple and easy fashion. Few pages of information can be integrated in one map and can be made easy to understand.

“Working in a radiant fashion doesn’t let the person to stop thinking on one aspect. He may immediately jump in to next aspect and comeback to the one when it is needed. However, if we work on linear fashion, it is difficult to leave the gap and further fill and in a way making the entrepreneur stuck at a single point which need to be solved rather than working on individual aspects,” he explains.

“The decision-making can also be quick and at the same time informed by simply analysing pro and cons of the given problem. For instance, the entrepreneur can analyse the problem in a detailed way and work on it. These questions need to be thought while drawing mind map; What is the problem; Why and when it’s started and its implications? When and how are we going to address? Who are responsible and who can solve it? Answering these questions on mind map will help the entrepreneur to get a better understanding and work on each of the possibility individually aiming to solving the problem.”

On learning resources, he says, “There are multiple free and paid tools. Many companies are already using these applications. It is not about the cost but the intention of the user that is required to integrate and use in everyday operations. There are many resources like free apps on phones, tablets and PCs. If they want to enhance further they can attend different workshops that are being conducted in the City.”

About its usage in different industries, he says, “This is being used across industries from aerospace to automobiles. However, it is greatly trending in educational institutes. Some schools are converting each subject into one mind map that helps students to easily remember, comprehend and revise in minutes during exam time. The student can explain the answer in much better way with the help of mind maps.

“This is also trending as project management tool. For instance, Boeing saved $11 million by using this as a tool. The aerospace processes are complex involving various parts and departments. The 25-foot long mind map helped the engineers to understand and learn the engineering manual. This also helped each of the team member informed about each of theirs project developments and ideas using shared mind maps. This helped the team members to maintain pace and generate new ideas.”

Read complete at wrote by Prudhvi Raju

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