A Redefined Productivity Model & Socio-Economic Development Oriented Management Decisions : An Algebraic Model.

A New, Innovative and Implementable Concept with Redefined Productivity and associated Management Decision methodology, with reference to Socio-Economic Development. Innovative application of Algebra in Economic Science

(PRWEB) December 29, 2003 --A Redefined Productivity Model & Socio-Economic Development Oriented Management Decisions.
Author : Dr.VSR.Subramaniam.MBA.,Ph.D.,D.Litt.,
URL : www.drvsrs.com/concepts.htm

01. Till now, Management Decision and their optimisation are constrained to the area of Commercial and Technical fields.
02. This paper opens up the span of Management Decision to a vast and important area namely
"Socio-Economic Development" not thought of, so far.
03. The effect of Intangible (un-quantifiable) components are added and integrated as part of constraints to the Decision Methodology.
04. Also the concept of Productivity is currently restricted to the Quantum ratios of Output and Input.
05. This paper expands the definition of Productivity to a critical area namely "Socio-Economic Development", not extended so         far by the faculties of Economics and Management.
06. The Expanded range of Management Decision with the added constraints, and Redefined Productivity are integrated and framed into an Algebraic Model.
07. Solving the Algebraic links leads to selected, practical and implementable evaluation of Productivity rise or fall, as well as     the Effectiveness of Management Decision, with reference to a broad-based Socio-Economic Development goal units.
08. The solutions provided by the Algebraic Model is also represented by a Schematic Diagram, to enable the understanding of all persons at different levels of knowledge.
09. The Algebraic theory is well supported by the Slide show and development experiences of over 44 nations in the world (in the Field support page).
10. This paper was published by the author in ALTIJARAH, an accredited monthly journal of the Sharjah Chamber of Commerce & Industry, Government of Sharjah, UAE. (May 2001, September 2001 and March 2002 issues, in a serial).
11. The Author has adequate practical experiences in the development and implementation of his model through his past assignments in International Socio-Economic development
institutions as well as Private corporate units and Multi-nationals, Association with Nobel Laureates in Economic Science / Country Heads, Past Research and Development works / Publications, Faculty-ships in Training and
Development of Manpower etc...
12. This paper deserves to be seen and understood by the Heads of the Governments/Corporate units, Professors / Researchers in Economics and Management Science, Universities / Economic /
Management Education institutions etc... all over the world.
13. The Page "www.drvsrs.com/concepts.htm" provides hyper-links to the Full Publication, Summary Page, About the Author, Past         Publications, Faculty-ships etc...