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              The Invention of the Shopping Cart and Its Psychological Impact on Consumer Behaviour

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              Organizational structures  shape company’s value creation

              Organizational structures  shape company’s value creation

              What is Asset Specificity?

              What is Asset Specificity?

              Do you know who Owns Corporations?

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              Arrival of my new book on Faith Economy co-authored by Dr. Shilpa Shinde

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              What are Treasury Bills?

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                How to write an appropriate title 

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                Can India regain the title of Vishwaguru?

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                  Can scholarly articles/papers from blogs be cited in research work?

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                  Mixed Method Research is Most Suitable

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                  Case Study is one of vital type of research

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                    Impact of the Thucydides Trap and Clash of Civilization  on International Businesses

                    Launch of my book  titled “International Business”

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                    Gift City is becoming India’s Capital Gateway

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                    The science of Psephology

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                      Guiding 35 PhDs: A Journey of Mentorship, Transformation and Academic Fulfilment

                      Guiding 35 PhDs: A Journey of Mentorship, Transformation and Academic Fulfilment

                      The Story Behind the song “Khoya Khoya Chand” from Film Kala Bazar

                      The Story Behind the song “Khoya Khoya Chand” from Film Kala Bazar

                      Arrival of my new book on Faith Economy co-authored by Dr. Shilpa Shinde

                      Arrival of my new book on Faith Economy co-authored by Dr. Shilpa Shinde

                      The story behind the Swedish word Lagom which means Just Enough

                      The story behind the Swedish word Lagom which means Just Enough

                      Lasting friendship between R.K.Narayan and Graham Green that shaped the famous film novel ‘The Guide’

                      Lasting friendship between R.K.Narayan and Graham Green that shaped the famous film novel ‘The Guide’

                      Mumbai’s Historic Single Cinema Screen Maintains Brand Loyalty of Marathi Cinema Viewers 

                      Why Memories are a fuel of our life

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                      Why RAID Analysis is important in business?

                      Dr Vidya Hattangadi by Dr Vidya Hattangadi
                      September 26, 2022
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                      The term “RAID” was invented by David Patterson, Garth Gibson and Randy Katz at the University of California in 1987. They argued at a conference that the top-performing mainframe disk drives of the time could be beaten on performance by an array of the inexpensive drives that had been developed for the growing personal computer market. Although failures would rise in proportion to the number of drives, by configuring for redundancy, the reliability of an array could far exceed that of any large single drive.

                      What is meaning of the term RAID?

                      RAID stands for Redundant Array of Independent Disks. It says that in personal computers and other mainframe computers an arrangement of several hard drives acts as a single drive. RAID provides data severance by storing the same data twice on multiple hard disks. Data redundancy means that if one part of the system fails, no data is lost. As technology it increases the performance of computers because of the scientific data storage. Data is utmost important in today’s business because it helps the managers understand and improvise on business processes in right time. Successful business leaders have always relied on some form of data to help them make decisions.

                      RAID increases reliability of data storage. Data is distributed across the drives in one of several ways, referred to as RAID levels, depending on the required level of redundancy and performance. The different schemes, or data distribution layouts, are named by the word “RAID” followed by a number, for example RAID 0 provide protection against unrecoverable sector read errors, as well as against failures of whole physical drives.

                      Although not yet using that terminology, the technologies of the five levels of RAID named in the June 1988 paper were used in various products prior to the paper’s publication, including the following:

                      Mirroring (RAID 1) was well established in the 1970s including, for example, Tandem Nonstop systems. Tandem Computers, Inc. was the dominant manufacturer of fault-tolerant computer systems for ATM networks, banks, stock exchanges, telephone switching centres, and other similar commercial transaction processing applications requiring maximum uptime and zero data loss. Now Tandem is a part of Hewlett Packard.

                      In 1977, Norman Ken Ouchi at IBM Computers filed a patent disclosing what was subsequently named RAID 4. RAID 4 is a RAID configuration that uses a dedicated parity disk and block-level striping across multiple disks. Because data is striped in RAID 4, the records can be read from any disk.

                      In 1986, Clark et al. at IBM filed a patent disclosing what was subsequently named RAID 5.  RAID 5 is the most common secure RAID level. It requires at least 3 drives but can work with up to 16. Data blocks are striped across the drives and on one drive a parity checksum of all the block data is written.

                      The most common types are RAID 0 (striping), RAID 1 (mirroring) and its variations, RAID 5 (distributed parity), and RAID 6 (dual parity). RAID levels and their associated data formats are standardized by the Storage Networking Industry Association (SNIA) in the Common RAID Disk Drive Format (DDF) standard.

                      What are the common types of RAID?

                      RAID analysis focuses on four key areas:

                      Risks: 

                      Unforeseen events that can have an adverse impact if they occur. Cash flow interruption, Intellectual property lawsuit because of stolen data, natural disaster, cyber crime frauds, data frauds etc can ruin a business.

                      Assumptions:

                      In business functions things you assume are in place which contributes to the success of the project. Most companies enlist R&D and product development groups to find the next big thing that grows the business and creates competitive advantage. So if someone is sitting in HR, Legal, Finance, Marketing, or other internal functions, finding “disruptive innovation” can feel like a daunting challenge.

                      Issues:

                      Current matters that need to be considered and addressed by the group. Uncertainty about the future, Financial management, Monitoring performance, Regulation and compliance, Competencies and recruiting the right talent, Technology, Exploding data, Customer service are very important for growing revenues.

                      Dependencies:

                      In an organization at a time many projects are handled and projects are interdependent; dependency exists when an output from one piece of project is needed in another. An example of a dependency in a building project might be that the architectural diagrams need to be complete before the foundations can be laid. Managing inter-dependencies is critical to ensuring projects, regardless of their size and volume, they must run smoothly. It is the project manager’s responsibility to record, monitor, and manage these dependencies.

                      Why RAID analysis is important?

                      A RAID analysis is a best practice for effective project management and is one of the easiest and most practical tools organizations can apply. They can use it to perform a broad environmental scan during the initial planning phase, inform regular reviews can be organized to keep the project structured and on track by involving the whole team in identifying critical issues that may affect the project. All relevant matters can be assembled in one place, be proactively assessed, if need arises change project conditions and focus project efforts and resources.

                      Tags: Data StorageDavid PattersonDr. Vidya HattangadiGarth GibsonRAIDRandy KatzRedundant Array of Independent Disk
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                      Dr Vidya Hattangadi

                      Dr Vidya Hattangadi

                      Dr. Vidya Hattangadi is an accomplished academician, researcher, and thought leader with over four decades of combined experience 20 years in managerial roles in industry and 24 years in management education. She holds a PhD in Marketing Management from Savitribai Phule Pune University and a D.Litt. from the University of Mumbai for her post-doctoral published work. She is a prolific writer and blogger, Dr. Hattangadi runs the widely read blog www.drvidyahattangadi.com, which enjoys strong organic traffic and engages readers across a broad spectrum of subjects, including management, leadership, psychology, social trends, music, current affairs, and politics and psychology. Her blog is 12 years old. Her experience of combining knowledge of industry work with an academic background creates a powerful, "pracademic" profile that bridges the gap between theoretical knowledge and practical application. This hybrid approach has made her a powerful Professor in the classrooms and she has produced graduates who are not just knowledgeable, but industry-ready. She worked for Maratha Mandir’s Babasaheb Gawde Institute of Management Studies as Director, Research Head and Professor. She has written a fortnightly column for The Financial Express from 2017 to 2021 and has contributed extensively to leading publications such as The Hindu, Free Press Journal, and The Economic Times. Her articles are known for their analytical depth, clarity, and relevance to contemporary issues. Dr. Hattangadi has successfully guided 35 PhD scholars in Management Studies across institutions such as the University of Mumbai, SNDT Women’s University, and Yashwantrao Chavan Maharashtra Open University (YCMOU) and Guglielmo Unimarconi Italian University. Currently, she is working on her YouTube channel "Vidya's Vidya" mentoring doctoral researchers in the areas of Finance, Strategic Management, Organizational Behaviour, Human Resource Management, and Marketing Management. She is an accomplished author, she has written books on Strategic Management, Buyer Behaviour, International Business and Entrepreneurship Management, Faith Economy, contributed chapters to four edited volumes of books, and published over 350 research papers in national and international journals. Her scholarly work has strong visibility and impact, reflected in her robust presence on Google Scholar, Research Gate, Vidwan etc. Her research in all fields of management studies is truly ground-breaking. The rigor and depth of her knowledge have set a new standard in our field of management studies.

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