DEVELOPMENT OF A FRAMEWORK FOR WORLD-CLASS MAINTENANCE SYSTEMS

2006 ◽  
Vol 05 (02) ◽  
pp. 141-165 ◽  
Author(s):  
RAJESH PRASAD MISHRA ◽  
G. ANAND ◽  
RAMBABU KODALI

A world-class maintenance system (WMS) refers to the best practices in maintenance that are followed and adopted by various organizations to transform themselves to be a 'world-class manufacturer'. One of the important factors in developing a 'world-class' maintenance system within an organization is the adoption of a sound framework that provides the necessary conceptual and theoretical details of best practices to be followed, to reach the world-class status. Several authors, consultants and large organizations have proposed different frameworks representing the best practices in maintenance, which seem to have been developed and derived primarily from the context and experience of such large organizations and consultants respectively. A comparative study revealed that most of the frameworks are unique and proposes several unique best practices in maintenance. Hence, in this paper, an attempt has been made to identify such best practices from the existing frameworks and integrate these practices to develop and propose a new framework for world-class maintenance systems.

Author(s):  
R Prasad Mishra ◽  
G Anand ◽  
R Kodali

The term ‘world-class maintenance (WCMt)’ is being used frequently nowadays and refers to the collection of best practices in maintenance. Different researchers and consultants have proposed several frameworks of WCMt representing these best practices. If an organization or a maintenance manager wants to implement a framework, it may not be easy for him or her to identify a single framework from a variety of frameworks that are reported in the literature. Thus the task of choosing a particular framework has become a major issue for the managers. Hence in this paper, an attempt has been made to perform an analysis for comparing different WCMt frameworks based on their strengths, weaknesses, opportunities, and threats (SWOT). In addition to this, a comparative study of WCMt with other maintenance systems has been carried out to understand the similarities and differences. The SWOT analysis of frameworks revealed a list of best practices in maintenance to be considered by an organization, when it attempts to achieve a world-class status in maintenance apart from the weaknesses and threats associated with each framework. Such an analysis can prove valuable as a decision aid for the operations or maintenance manager while making a decision of choosing a suitable framework of WCMt.


Author(s):  
Dr. Sangeeta Tripathi ◽  
Ms. Muna Al Shahri

In the era of new media, people and societies across the globe are interconnected and extending the new framework to business, trade, and tourism. Different websites and social media are facilitating a plethora of content and information through photos, videos, 3D visualization to satisfy people’s queries, to promote and brand nations. Due to this, tourism is also witnessing a big change. Oman is not far away from this reality. This study aims to gauge into the present tourism status of Oman and its prospects. It will examine the pervasiveness of new media and its increasing significance in holding the desired position in the world-class tourism. Observation and survey methods are applied to reach out the result. Total 125 samples have been collected through an online createdlink from Salalah to understand the mass thinking about new media and its changing role in the tourism sector. The findings provide insight understanding about the current situation of tourism; despite all efforts of Tourism Ministry and increasing penetration of new media, more efforts and awareness are required in terms of the involvement of locals to make Oman international tourism destination.


2020 ◽  
Vol 19 (2) ◽  
pp. 421-442
Author(s):  
Albert S. Fu

Mediterranean style houses, mansions, and villas are found in elite enclaves around the world. There is a large literature on gated communities. However, the ubiquity of this Mediterranean style as a global and cross–cultural phenomenon has been underexamined. Enclaves in Africa, Asia, the Americas, and the Middle East often look the same suggesting the global commodification of this aesthetic ideal. Examining the Toskana Vadisi, or Tuscan Valley gated community in Istanbul, Turkey, this article argues such spaces represent global cultural processes, as well the habitus of transnational elites in aspiring global cities. Also, by focusing on a non–Western city, I am able to analyze how aesthetic ideals are linked to city–building, in an increasingly competitive world, where cities seek world–class status by developing amenities for transnational elites.


2020 ◽  
Vol 15 (1) ◽  
Author(s):  
Rahma Yudi Astuti ◽  
Asad Arsya Brilliant Fani

Sukuk and Bonds has differences and similarities. Fundamental differences between sukuk and bonds are first, underlying asset in every sukuk issuance, concept of profit loss sharing and the use of Islamic contracts. Whereas conducted research in practice of differences between sukuk and bonds are still an on-going discussion. This study aims to add the evidence in the discussion regarding whether there is differences between sukuk and bonds in the world of practice, provide investment preferences as well as educating investors in choosing sukuk or bonds as a sustainable and smooth instrument. The method used is Mann Whitney U-Test to test whether there is a different between yield to maturity (return) and standard deviation (risk) of both instruments. Using secondary data of Retail Sukuk (SR) and Retail Bonds (ORI) period 2008-2017 obtained from Indonesia Stock Exchange, Indonesia Bond Market Directory and Indonesia Bond Pricing Agency. The result shows that there is no significance difference of retail sukuk return and risk with retail bonds in Indonesia. Besides retail bonds are show higher return than retail sukuk because of higher coupon and longest mature date. While, retail sukuk is more stable rather than bonds as it backed up by the real underlying asset. Keywords: Retail Sukuk (SR), Retail Bonds (ORI), Yield to Maturity


1991 ◽  
Vol 8 (2) ◽  
pp. 307-316
Author(s):  
R. Hrair Dekmejian

Most of the world’s Muslims reside in countries where they are numericallypredominant. As such, these Muslims possess a majoritarian outlook in sharpcontrast to the perspective of minority Muslims living in India, China, theUSSR, and some Western countries. In recent years, Muslim minorities havefound themselves at the confluence of diverse social forces and politicaldevelopments which have heightened their sense of communal identity andapprehension vish-vis non-Muslim majorities. This has been particularlytrue of the crisis besetting the Indian Muslims in 1990-91 as well as the newlyformed Muslim communities in Western Europe.The foregoing circumstances have highlighted the need for serious researchon Muslim minorities within a comparative framework. What follows is apreliminary outline of a research framework for a comparative study of Muslimminorities using the Indian Muslims as an illustrative case.The Salience of TraditionOne of the most significant transnational phenomena in the four decadessince mid-century has been the revival of communal consciousness amongminorities in a large number of countries throughout the world. This tendencytoward cultural regeneration has been noted among such diverse ethnic groupsas Afro-Americans, French Canadians, Palestinian Arabs, the Scots of GreatBritain, Soviet minorities, and native Americans. A common tendency amongthese groups is to reach back to their cultural traditions and to explore thoseroots which have served as the historical anchors of their present communalexistence. Significantly, this quest for tradition has had a salutary impactupon the lives of these communities, for it has reinforced their collectiveand individual identities and has enabled them to confront the multipledifficulties of modem life more effectively. By according its members a sense ...


2020 ◽  
Author(s):  
Johann Johann And Devika

BACKGROUND Since November 2019, Covid - 19 has spread across the globe costing people their lives and countries their economic stability. The world has become more interconnected over the past few decades owing to globalisation and such pandemics as the Covid -19 are cons of that. This paper attempts to gain deeper understanding into the correlation between globalisation and pandemics. It is a descriptive analysis on how one of the factors that was responsible for the spread of this virus on a global scale is globalisation. OBJECTIVE - To understand the close relationship that globalisation and pandemics share. - To understand the scale of the spread of viruses on a global scale though a comparison between SARS and Covid -19. - To understand the sale of globalisation present during SARS and Covid - 19. METHODS A descriptive qualitative comparative analysis was used throughout this research. RESULTS Globalisation does play a significant role in the spread of pandemics on a global level. CONCLUSIONS - SARS and Covid - 19 were varied in terms of severity and spread. - The scale of globalisation was different during the time of SARS and Covid - 19. - Globalisation can be the reason for the faster spread in Pandemics.


Author(s):  
Matthew A. Shadle

The conclusion looks at the teaching of Pope Francis, considering the possibility that it represents the emergence of a new framework for Catholic social teaching. Pope Francis has emphasized that the encounter with Jesus Christ brings about an experience of newness and openness. He has also proposed a cosmic theological vision. His concept of “integral ecology,” introduced in his encyclical Laudato Si’, illustrates how human society is interconnected with the natural ecology of the planet earth and the entire cosmos. He proposes that the economy, society, culture, and daily life are all interconnected “ecologies.” In a speech to the World Meeting of Popular Movements in 2015, Pope Francis also explains how social movements devoted to local issues can nevertheless have a profound effect on the structures of the global economy. In his teachings, Pope Francis presents an organicist and communitarian vision of economic life.


Author(s):  
Tim Bartley

Activists have exposed startling forms of labor exploitation and environmental degradation in global industries, leading many large retailers and brands to adopt standards for fairness and sustainability. This book is about the idea that transnational corporations can push these rules through their global supply chains, and in effect, pull factories, forests, and farms out of their local contexts and up to global best practices. For many scholars and practitioners, this kind of private regulation and global standard-setting can provide an alternative to regulation by territorially bound, gridlocked, or incapacitated nation states, potentially improving environments and working conditions around the world and protecting the rights of exploited workers, impoverished farmers, and marginalized communities. But can private, voluntary rules actually create meaningful forms of regulation? Are forests and factories around the world being made into sustainable ecosystems and decent workplaces? Can global norms remake local orders? This book provides striking new answers by comparing the private regulation of land and labor in democratic and authoritarian settings. Case studies of sustainable forestry and fair labor standards in Indonesia and China show not only how transnational standards are implemented “on the ground” but also how they are constrained and reconfigured by domestic governance. Combining rich multi-method analyses, a powerful comparative approach, and a new theory of private regulation, this book reveals the contours and contradictions of transnational governance.


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