Why six sigma technique is non working technique for the banking industry ?

The concept of six sigma methodology was developed in 1987 in the production industry. Bill Smith of motorola is considered as the father of the six sigma methodology. So the concept of six sigma methodology was developed from the production sector. Generally it is not considered as appropriate technique for the banking and service industries.

In the banking industry, employees are not coped up to adopt this technique because the results are not found to be correct in measurement. To consider the problem solving and process improving opportunities usable in the banking industry, Frankfurt school of management developed a new technique named “kreditsim” for the banking industry specially.

Kreditsim methodology is used as a technique which is more pen-paper process oriented. In it, to complete a single process, the complete process is divided in to the different participants or employees. Each participant will be held responsible for the completion of his own job part. This kreditsim training process is performed as the seminar or single/multiple day webinars.

Like - to perform a loan application process in the bank there will be many activity points to perform -

• submitting the loan application by the business clients
• approval or rejection of the loan requisite application by department head
• consideration of customer requirements
• considering the correct credit rating of the client.

The loan approval process generally takes over the 9-10 days to be completed. The department head, management director, controller, loan processing specialist will be involved in this complete process of loan approval. Each job candidate will be responsible for the completion of their task.   

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What is the use of the information retrieval from internet ?

The already available knowledge in the form of information is not sufficient. So the speed of updating the information on the relevant websites is still increasing. As per according to the survey, since 2009, this rate increased at the rate of 65% annually. In 2007, the total information uploaded online was much more in the quantity than it could be stored.

It is also necessary to tell that in 2012, the information stored in the websites was much more than five times than 2007. In today’s era, more information is stored in the format of textual format but also in the form of the audio, podcasts and infographics as well. To deal with this data, it is itself a complex process.

It is remarkable to see that not only the availability of data is still increasing but also the access rate of that data is also increasing. As per according to the internet web stats, the total internet population is approximately 75%. In the developed economies, the internet and its data penetration power is much higher than the developing economies.

Today a new trend is coming to the modern era that the data and information being generated by the internet of things is much more than a human created content. The devices like - Cortana, Siri, Alexa are revolutionizing the content transmission to the people. It is estimated that the information retrieval will be much more easy through these devices rather than human written content.

In this era of information bloat, the biggest need to find the relevant data is still there in organizations to make an effective decision making. To miss the relevant data will give the invitation to the missed growth opportunities. So the importance of real time information is still increasing.  

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How to use meta analyser in the online learning ?

In the era of technology, today’s educational institutes are needed to be online learning and education based. In this series of progress, many computer oriented tools and courses are being prepared, which are very helpful in enhancing the knowledge of students.

One fact has come in the point that the web based learning environment has been successful for the students to participate in the subject and to learn in a joyful environment. In the recent years, the information gathering processes and initiatives have come in existence. People are going for the websites which are full of useful information.

Students develop the in-depth learning and understanding about a concept after learning on them on the internet. For researchers and data scientists, it becomes very important to study about the online behaviour methods adopted by the learners and students.

To solve the data analysis purpose, Meta-Analyzer software is used. This software is a group of the different modules like - search engine module, presentation module, learning recording and analysis module etc.

There is a separate credential provided to the each & every student. By logging into software, in the search module, a student or learner can ask about the topic by typing into the keyword and the search module shows the relevant documents from the search engine. If a document is highly relevant to the searcher, he can also bookmark it.  

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What is the difference b/w the online and offline examinations ?

The evolution of internet learning has changed the way to the learning and education. From offline classes, books and lectures, the education is being shifted to the online emails, presentations, tutorials and online examinations. Now each and every thing has its own pros and cons the internet exams has also some disadvantages in compared to the online exams.

• In the online exams, internet has been the biggest issue because if the internet server is down so there is a danger of losing all the answers form which were submitted by the students wherever offline exams has no issue like this.

• It is necessary to have an instructor present at the online exam center. Because it is very tough to remove the fear of cheating in the online examinations wherever in the offline examinations, a physical instructor is always present to stop cheating.

• In the offline examination scenario, the student also have to be present on the center before the examination starting time, wherever in online exams, students can also give it from home.

• In the offline examinations, there is always a danger of the paper leakage before the examination but there is no such dangers in the online examinations.

• In the online examinations, it becomes comfortable for the physically disabled students wherever in the offline examinations, it becomes so difficult for the students to reach and write on paper.  

There are much more cons and pros of the online and offline examinations both, but there is need to get aware from all of those so that the corrective actions can be taken away at the right time. It will be sufficient to say at the last that the online exams have been succeeded in reducing the infrastructure and extra resources need.

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What is the effect of E-Learning in the professional environment ?

Learning is an active phenomenon, in which a learner gets new conceptual knowledge and gets change in his practicised behaviour. Learning effect only takes place, in which the acquired skill and knowledge is properly implemented in the behaviour of learner.

The focus to provide the learning in organizations is to shift employees from doing operations by instructional approach to do operations by learning. It is also considerable that since 2009, ISO - 9000 institute also includes in their certificates that how organizations measure the output of their employees.    

How E-Learning improves the effects the learning process -

E-Learning is defined as the process in which knowledge is processed and gained via electronic mediums like - social media networking tools and web forums. It is a very modern concept welcomed to India since 1990s.  

E-Learning improves the skills and behaviour of an individual in a number of ways because of many aspects - social gathering, proper feedback, stimulation of mindsets and tailored instructions. The biggest benefit of adopting the E-learning is to increase the interaction of learner to the practical environment.  

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online assessment software - smartoas by lucid outsourcing

How students prepare for the online test taking software related examinations ?

post by - online exam software by - smartoas by lucid outsourcing

The internet and digitization started in India just after the time of globalization in India. In the online getting era, many online tests are being conducted by universities and colleges. Even today engineering and railway entrance examinations are being organized online.  We can hope that in a coming decade, many more class examinations will be included in the online category.

Conducting these tests online has its own logical sense that it not only reduces the use of paper and pen but also the complete data security and ease in declaring results. Even students are st with each other with a proximate distance so the risk of doing cheating by the students is reduced in a great amount.

But there is always a fear in the mindset of students about the online examinations especially in the rural areas because it is online. To remove this problem students should prepare themselves for the exam preparation. First of all, they should organize themselves about the internet from which website they can get the information about the examination.

Students can help in getting the complete information about an examination on their respective university and institute website. It is also given that how to verify the admission card and what things are needed to carry within exams by the students. Besides this the documents and exam starting time and overall examination time is also given in the website.

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How elearning is changing the Indian education system ?

post by - online assessment software - smartoas by lucid outsourcing

There is a lot of difference the classroom teaching and online learning. The vast difference is pertaining this fact that classroom teaching, there are teachers and peers, who are there to make accountable to student towards learning and in a online learning environment, a student learns via his own effort. For help there are many tutorials and discussion forum support facilities are always there.

Today E-learning systems are made using the best CMS platforms in which a user can add, modify and delete the data at any instance. Elearning tools today have the great ability to create reports and progress data and they also store the course content and prescribed material into the textual with graphical and image format. Thus a good E-learning management system (LMS) is a good example of the database and CMS technology.

E-learning is making better to learning day by day because universities and professors are getting available in your laptops and computers. In Indian metro cities this technoculture is at its peak but in small villages, towns and tier 2 and 3 cities it is still difficult to bring the elearning environment. Many online courses are related to the different subjects which can be accessed by the students.

In a country like India, where there are still the limites seats in the universities and these universities are in low quantity. E-learning has added many new dimensions by making it more accessible to the students. In initial days, quality education was available on the high cost, but with the advent of the E-Learning courses, quality education is accessible by all and for all. Many distant courses are available which makes it easy to get education by the desired students at no cost.    

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What is the need of online assessment system in companies to assess the potential candidate ?

Today there are many applicants who apply for a single job position in a corporate. This becomes necessary for the companies to select the proper job candidates for the further interview process.

By using the proper screening and pre-aptitude test, companies can get able to fulfill their desired candidates which can get adopted to their job descriptions and environment.

It is not possible to gain the complete information of potential and skill information of an applicant by taking just a theoretical interview. By adopting the proper pre aptitude test, company can get able to get the information about reasoning, writing skills, behaviour in different situations. It gives very particular information about the abilities of a person pertaining the pursued job. 

Can online assessment system software help the companies to get their desired candidate ?

Yes, they can do it ! Online assessment system software can also help in assessing the candidates & applicant’s abilities up to the extent based on the predetermined parameters. There are following functionalities required to be found in an online assessment system to assess the candidates potential.

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