return on time

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Ali Anani, PhD Ali Anani, PhD

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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

TRANSCRIPT

Page 1: Return on Time

Ali Anani, PhDAli Anani, PhD

Page 2: Return on Time
Page 3: Return on Time

Two of my university female students walked in my office with the face of the beautifulone grimed

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What is the problem? I asked.

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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.

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Great, then next time I must watch for how many hours a student studies and evaluate him accordingly?

Is this fair? I asked.

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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

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The story tells us an important fact:

It is not only the effort we put in; more it is the output we get.

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It is not only Return on Investment (RoI); it is more Return on Time (RoT)

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Time is a real differentiator and is subject to Blue Ocean Strategy

See my presentation:http://www.slideshare.net/hudali15/the-blue-ocean-strategy-of-time

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time wastage

the value of time

or what I call Time Dissipation

time downs and losses

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is a major block as it may fulfill the other three blocks or frames of action

Create

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Let me show by example

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Limestone is widely used in the three industries (Plastics, paints and Paper)

Ps

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The grinding time is crucial in reducing the cost of beneficiation of the mineral

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Adding a cheap lubricating the mineral reduces the grinding time by up to

50%

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Not only that as the proper lubricating material may enhance the luster of the mineral, which shoots up its price

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By adding a little extra cost we thus achieved:

the grinding time

the cost of production

the quality of the produce

the selling price

labor cost

Reducing

Reducing

Reducing

Raising

Raising

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This way Creative led to achieving other frames of action

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We did more for lessMore value inless 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

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Plants use photosynthesis to manufacture food.Not all light is used and some light is a waste.

So, are times spent in dissipated efforts

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Scattered lightScattering 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.

http://www.education.com/science-fair/article/demonstrate-scattering-light

LegendSun light

White light

Scattered (blue) light

Oxygen molecule

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We humans may scatter time in all directions.

Some humans scatter seconds whereas others scatter hours

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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