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Developed in 1961 by a former Massachusetts Institute of Technology (MIT) professor, John D. C. Little, the law that carries his name (Little’s Law) has emerged from being a queue theory at its origins to being applied currently in a variety of other aspects of every-day life, such as: Project Management, Manufacturing, Supply Chain etc.
The “Let’s do it! ” initiative, a country clean-up project, was born in Estonia in 2008. By mobilizing the wider community, a team of volunteers succeeded in cleaning the waste deposited in many places across the country. Realized exclusively with volunteers, good-will and with the support of technology, the project was of a great success, replicated or in the process of being replicated in 7 other countries: Latvia, Lithuania, Romania, Slovenia, Portugal, India and Italy.
Along with the rise of social networking sites, a new type of games emerged and found favorable grounds to develop. These are the so called social games, simple games that let people play with their friends on networking sites such as Facebook. (Gross, D., CNN, 2010)
According to a new press release from Statistics Netherlands, “in the period 1997–2007 real expenditure by subsidized educational institutes increased by 9 billion euro, from 20 to 29 billion euro. Some 3.2 billion euro can be attributed to changes in demography and participation in education, and 5.8 billion euro to increased spending per participant” (Statistics Netherlands, 2010).
About Key Performance Indicator (KPI) examples in practice
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