Social psychologists have developed several theories for explaining the ways in which the psychology of a crowd differs from and interacts with that of the individuals within it. Major theorists in crowd psychology include Gustave Le Bon, Gabriel Tarde, Sigmund Freud, and Steve Reicher.
KPIs â The Truth Is in the Numbers, Ignore Them at Your Own Peril. KPI stands for âKey Performance Indicatorâ and is a mechanism by which individuals, departments, and companies may track their performance over time. A good baseline understanding and ongoing tracking of relevant performance metrics is needed to ensure that performance does not slip into mediocrity.
4 Push System Vs. MRP stands for material requirements planning and deals with bringing in the right amount of raw material at the right time to support production. MRPII stands for manufacturing resource planning and builds on MRP by adding shop floor production planning and tracking tools. A third-generation system available at time of publication is called ERP, or enterprise resource planning, which integrates all departments of the business, not just manufacturing and purchasing.