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Experience curve

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IGC-DEFINITION (abbreviated)

Experience curve / Erfahrungskurve
The experience curve is based on empirical observations that when the accumulated volume of goods produced is doubled, the total costs per unit may be reduced by between 20 and 30 percent. The experience curve effect describes a potential for cost reduction, which is attainable through conscious cost management, but which by no means happens automatically.

Experience curve.png

from: IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.)

Source

IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.), 4. Auflage, Schäffer-Poeschel, Stuttgart, 2010

Meeting Michael

I was sitting at my desk today, looking out the window. I saw an old homeless man crossing the street, carrying a suitcase. I remembered the many times I had looked on from afar, feeling sorry for the homeless but doing nothing. I do give money to homeless people when I walk by, but never really interact with them, beside a smile.

[Meeting Michael]

[GoodvilleNews.com - good, positive news, inspirational stories, articles]

The Secret to Success Kindness

Take a look at these simple but powerful words from the Dalai Lama, Kindness and a good heart are the foundation for success in this life, progress on the spiritual path, and the fulfillment of our aspirations. Our need for them is not limited to any specific time, place, society, or culture.

[The Secret to Success Kindness]

[GoodvilleNews.com - good, positive news, inspirational stories, articles]

Behind the Beautiful Forevers

For two decades, and currently at The New Yorker, youve written about the distribution of opportunity, and the means by which people might get out of poverty, in America. What inspired you to start asking the same kinds of questions in India?

[Behind the Beautiful Forevers]

[GoodvilleNews.com - good, positive news, inspirational stories, articles]

Would Gandhi Use Social Media?

If Gandhi were alive today, would he use social media? He was never anti-technology, or even anti-changing with the times. Quite the opposite, actually. If Internet technologies and social networks were around, he would certainly have embraced them -- but with a conscious mindfulness of their strengths and weaknesses.

[Would Gandhi Use Social Media?]

[GoodvilleNews.com - good, positive news, inspirational stories, articles]

5 Easy Steps to Turn Your Life Into an Abundant Garden

Dont judge each day by the harvest you reap but by the seeds that you plant. ~ Robert Lewis StevensonIt has been my experience that life is what you make of it. You can look at it many ways. It can be like a cup of coffee it is all in how you make it. I have decided to look at my life as a garden because your harvest all depends on what seeds you plant.

[5 Easy Steps to Turn Your Life Into an Abundant Garden]

[GoodvilleNews.com - good, positive news, inspirational stories, articles]

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