BUSINESS MODEL INNOVATION

This may help us thru innovating a business or creating a business platform.

A business model describes how an organization creates, delivers, and captures
value, in economic, social, cultural or other contexts. The process of business model
construction and modification is also called business model innovation and forms a
part of business strategy. Business model innovation, then, describes the process in
which an organization adjusts its business model. Often, this innovation reflects a
fundamental change in how a company delivers value to its customers, whether
that’s through the development of new revenue streams or distribution channels.
Business model innovation is simply put probably the most important tool for
building a business that creates maximal value for all stakeholders: customers,
shareholders, employees, and the society at large. This obviously leads to a wide
variety of benefits.

CREATIVITY IN WORKPLACE
Being creative in the workplace goes far beyond making the prettiest spreadsheet or
the most colorful PowerPoint presentation. Instead, there are two main ways that
creativity is absolutely needed in the workplace: creative thinking and creative
problem-solving. Creative thinking is pretty simple to define, but a bit harder to
implement. Creativity in the workplace has become a “must have”. Today we
operate in a highly competitive, global environment, making creativity crucial. You
might be wondering what does creativity do for a business or organization? It is
creativity that keeps your business moving forward with fresh new ideas and
innovation.

CAREER DEVELOPMENT
Career development is the process of exploration and action that shapes a person's
career path. It includes assessments of a person's skills, abilities, interests, and
personality in order to find a suitable career match. This also includes the process of
aquiring information about industries, organizations, professions, business models,
opportunities and career strategy. Developing your knowledge, skills and talents by
learning, practicing and gaining experience. Developing in your career by
delivering value and improving your productivity over time. 1. It is an ongoing
process. 2. It helps individuals develop skills required to fulfill different career
roles. 3. It strengthens work-related activities in the organization. 4. It defines life,
career, abilities, and interests of the employees.

DATA COLLECTION & ANALYSIS

Data collection and analysis tools are defined as a series of charts, maps,
and diagrams designed to collect, interpret, and present data for a wide range of
applications and industries. Various programs and methodologies have been
developed for use in nearly any industry, ranging from manufacturing and quality
assurance to research groups and data collection companies. Data collection and
analysis tools are defined as a series of charts, maps, and diagrams designed to
collect, interpret, and present data for a wide range of applications and industries. It
is critical to gather and analyze data in order to comprehend and develop effective
solutions toa combination of movements Data that is accurate and up-to-date can
aid in determining the size of, and trends within, the industry.
people arriving in mixed movements, to create a baseline profile of people arriving
in mixed movements, top plan, implement, and evaluate policy responses and
programmatic interventions, as well as identify travel routes and modes of
transportation. It can be difficult to collect data on a variety of movements. Travel
is frequently done in secret, and Even for regular movements, only a few
governments gather statistics. Those who collect data on migration. In order to
fulfill their own goals, data frequently do so on their own. They may utilize a
variety of definitions, criteria, and parameters, making data disaggregation and
sharing challenging. Establishing agreements and gathering similar data.

RELEVANT VS. MATERIAL VS. COMPETENT EVIDENCE

Physical evidence (also called real evidence or material

evidence) is any material object that plays some role in the matter that gave rise to
the litigation, introduced as evidence in a judicial proceeding (such as a trial) to
prove a fact in issue based on the object's physical characteristics.

Also Know, what is material relevant and competent evidence? To be

considered relevant, it must have some reasonable tendency to help prove or
disprove some fact. A given piece of evidence is considered material if it is offered
to prove a fact that is in dispute in a case. Evidence is considered "competent" if it
complies with certain traditional notions of reliability.

Then, what is an example of relevant evidence?

Relevance is the basic building block of evidence rules—evidence must

be relevant to be admissible. The evidence is relevant to prove that Ruby had a
motive for stealing the makeup. Example: Same case.

What is probative material?

Probative facts are data that have the effect of proving an issue or other
information. Probative facts establish the existence of other facts. They are matters
of evidence that make the existence of something more probable or less probable
than it would be without them.

TYPES OF HARAD IN OSH

An occupational hazard is a hazard experienced in the workplace. Occupational
hazards can encompass many types of hazards, including chemical hazards,
biological hazards (biohazards), psychosocial hazards, and physical hazards.
Working personnel in all types of industries must have the knowledge of the types
of occupational health and safety hazards in order to take steps to minimize these
hazards for a safer and healthier workplace. But what is a Hazard? Hazard is
defined as the “source or situation that carries a potential to cause injury and ill
health” Workplace Safety & Hazards: Types, Examples and Prevention Tips.
1. Electrical Accident. Electrical accidents are very common in the workplace and
they are caused by unprotected exposure to high voltage electrical 2. Exposure to
Dangerous Chemicals.3. Machinery & Tools Hazard. 4. Workplace Harassment.5.
Fire Accidents. 

7 SIMPLE STEPS TO MANAGE WORK HEALTH AND SAFETY

Theres a lot of simple steps and I hope this will be manage and follow to have a
better workplace.
The leader is completely responsible for the establishment of a positive attitude of
employees and management towards the OSH schemes along with encouraging a
positive, safe and healthy culture in the organization. The leader is accountable to
provide and set good examples for other employees by practicing goods OSH
policies in their own day-to-day attitude. Encouraging each individual to take
proactive participation in promoting the healthy and safety of the organization is the
duty of the leader (Tooma, M., 2012). To ensure that all employees have access to
the safety tools and also the necessary training required to execute them.
Thus, the leader is the key to success of the OSH program. The leader is the one
who can build or erode trust amongst the employees of the organization. It is thus
very critical to identify what OSH leadership behaviors that can have a positive or a
negative effect on its employees. It has been researches that leadership in OSH
management has different aspects and the leadership style in any organization has a
huge effect on the safety and health of its employees (Dunn, C. E. 2012).

KEY DIFFERENCE BETWWEN EFFICIENCY AND EFFECTIVENESS

 The difference between efficiency and effectiveness is that effectiveness

refers to performing actions that will help achieve some goal, while

efficiency refers to performing those actions with the least amount of time or

resources expended. Examples of the difference between efficiency and

effectiveness are all around us. Efficiency

o Process-oriented (best possible methods with least wasted resources)

o Improves current workflow (present-oriented)

o Measurable using predefined metrics

o Time-sensitive

o Input/output ratio matters

 o Primarily concerned with internal mechanisms (using minimal company

resources for maximum payoff)

 Effectiveness

o Goal-oriented (best possible result, regardless of resources used)

o Improves quality of work (future-oriented)

o Difficult to measure

o Not time sensitive

o Input/output ratio is unimportant

o Primarily concerned with external results (competitive position in the

market)

WHAT IS ENTREPRENEUR
Concept of Entrepreneurship Entrepreneurship is the ability and readiness to
develop, organize and run a business enterprise, along with any of its uncertainties
in order to make a profit. The most prominent example of entrepreneurship is the
starting of new businesses. The entrepreneur is defined as someone who has the
ability and desire to establish, administer and succeed in a startup venture along
with risk entitled to it, to make profits. The best example of entrepreneurship is the
starting of a new business venture. The entrepreneurs are often known as a source
of new ideas or innovators, and bring new ideas in the market by replacing old with
a new invention.
It can be classified into small or home business to multinational companies. In
economics, the profits that an entrepreneur makes is with a combination of land,
natural resources, labour and capital.
In a nutshell, anyone who has the will and determination to start a new company
and deals with all the risks that go with it can become an Entrepreneur.