P - Productivity
R - Redesign
A - Analysis
G - Growth
A - Appreciation
T - Training
I - Innovation
E - Education
Productivity
Productivity is based on science. Each scientific advance in industrial engineering contributes to productivity improvement. Productivity is prosperity. Every scientific advancement implemented by industrial engineers has to lead to prosperity for the organization and its stakeholders. Consumers, employees and shareholders have to benefit from the productivity improvement. Industrial engineers have to conduction their activities to become professionals who enhance the prosperity of the organization.
Redesign
Industrial engineers propose redesigns for minor and major magnitudes in products and processes. They do economic and social analysis of changes and then only recommended redesigns. The redesign should look attractive to the people who have to implement the redesigns. Marketing tools, business research tools are to be applied to find out the areas in which change is welcomed by the rank and file in the production systems.
Analysis
Redesign of products and processes is based on analysis of existing designs and implementations. Careful recording and study of the system as per special formats of recording and evaluation is essential to identify waste and eliminate waste.
Growth
Productivity is for prosperity and growth of individuals, organizations and economies. The focus is on growth and not unemployment.
Appreciation
Industrial engineers have to interact with lot of people in the company to seek ideas for redesign. Hence they need to appreciate them for inputs. Also, managers and engineers develop effective products, processes and production systems. Industrial engineers have to appreciate the contribution of system original designers. The entire organization has to appreciate the contribution of each person in the organization
Training
Providing inputs to persons in career that cater to special requirements of specific jobs.
Innovation
Creativity, Commercial Evaluation, People Acceptance, Implementation and Debugging. Sticking with the redesign project till it is successfully implemented or abandoned due to market failure. Successful innovation requires significantly successful projects that provide ROI that compensates for failed projects.
Education
Systematic instruction, development of character and mental powers,
Educate: Give intellectual and moral training to (Oxford dictionary)
