Cake theory

"Cake theory" is a concept conceptualized during the end of my internship [June 2015 - December 2015] at a leading licensed commercial bank (Sampath Bank PLC, Sri Lanka) to conduct an individual research to partially fulfill the Higher Diploma in Business Management (HDBM) at National Institute of Business Management (NIBM).

With the commencement of my bachelor of science degree in business management at National School of Business Management (NSBM): Green University (GU) with the affiliation of University College of Dublin, Ireland, I was exposed to project management module which was one of the main conceptual frameworks related to my Cake Theory.

Cake theory or later a more accurate title cake model will reflect on the project management aspects of how to manage time and resource in completing tasks.

Like the PDCA[Plan, Do, Check, Act] in TQM[Total Quality Management] and four steps in management, this will be structured in a manner in which how to execute a project management function based on "time".

Cake theory also is a political theory, related to socialism.

Cake theory (simplified Chinese: 蛋糕论; traditional Chinese: 蛋糕論) is a metaphor about economic development and the redistribution of wealth in the political discourse of China. It emerged in 2010 as problems with an increased wealth gap became gradually more apparent. If economic development is seen as analogous to baking a cake, one side of the debate suggests that development should focus on 'dividing the cake more fairly,' while the other says development should be focused on 'baking a bigger cake.'

In conclusion, this will be the initial stage of research on my analytical approach to project management.

References

Images

·         Title: Cake Theory: Why Science is excited by food? (2017). Format: (Jpg.). Available at: https://www.ft.com/content/517cd716-36bf-11e3-8ae3-00144feab7de (Accessed date: 5/9/2017)

Websites

·         Website Title – Ft (Financial Times). Article title – Cake theory: Why Science is excited by food. [Online]. Available at: https://www.ft.com/content/517cd716-36bf-11e3-8ae3-00144feab7de   (Accessed date: 2017/05/09)

·         Website Title – Wikipedia.com Article title – Cake theory [Online]. Available at: https://en.wikipedia.org/wiki/Cake_theory    (Accessed date: 2017/05/09)