Business Management Information

What Is Business Sense?


What is the principal thing you need to succeed in your business today? Money. Sure, you need it, but it is not the main ingredient for success. People. Of course they are necessary, but having them may not guarantee success. Excellent products or services. Well, this is a must to succeed. But you may have them and still not succeed. Promotions, visibility, marketing. These factors lubricate your business activities for success. So what is the principal thing?

The Higher You Go


The higher you go, the cooler it becomes. Really? Let us begin from first principles. This is a maxim we learnt in geography about the weather. Having come a long way in our professions and careers, can we really say it has been cooler over the years as we ascended the corporate ladder? Even at that,, how can we sensibly apply the Higher You Go principle in the way we work, and the way we live?

How Managers Can Help Retain Their Best Employees


A major problem for employers today is attracting the best talent, and then retaining key employees. Research shows that the key ingredient for retention lies within the manager?s ability to understand what employees really want.

How To Conduct Effective Meetings


Before you call your next meeting, the FIRST step is to decide if it is really essential. To determine that, ask yourself the following:

The Key to Successful Performance Objectives


Have you ever tried to drive somewhere without proper directions? This almost always turns out to be a frustrating experience. Sure, if you stop and ask enough people you may eventually reach your target destination, but think of all the wasted energy, time, and resources needed to accomplish your goal.

Demise of the Lone Ranger Manager: A Lesson in Management Communication Style


When executives see themselves as solely responsible for the overall success of their enterprise, subordinates can hardly be blamed for acting according to predictions.

Taking Care of Middle Manager Bounce Off


How many times have the management consultants been ?in? and after leaving, have left little or no trace of their passing?

Learning To Let Go


If you have the entrepreneurial spirit (which clearly you have!), you probably have a tendency toward being a control freak. I know the feeling well -- "No one can do it as well as me, so I'll just do it all!" While this may seem to be more efficient than trying to bring someone else in to help out, it's actually more time-consuming in the long run.

5 Steps to Continuous Process Improvement


Part One of Creating Well-Defined Processes Series

Efficiency Around The Office


Nearly every office, be it commercial or home-based, may have areas of inefficiency that can be improved upon. We are not talking sales figures or profit margins or budgets, but inefficient waste and resource management. For instance, let us look at some common aspects and consider how consumption can be reduced and how to make better use of resources.

Re-Discovery Procedures for Building Effective Management Systems: Phase V


Now we turn the corner to our final phase: Re-Discovery.

Tales from the Corporate Frontlines: Coworker and Caretaker


This article relates to the Coworkers competency, commonly evaluated in employee satisfaction surveys. It tells the story of a coworker whose performance consistently facilitated effective cooperation, collaboration, and communication between the employees within one organization. While the Team Dynamics competency focuses on relationships within a single group, this competency targets coworker topics spanning the entire organization over multiple work units. This competency investigates your organization's ability to successfully work in partnership on projects with one another and between groups to reach the common goals of the organization.

Supplier Sees 53% Reduction in Out-of-Spec Orders Case Study


The goal of perfection is a challenge. It is often viewed as an expensive process requiring large investments. Yet one company has realized a 53% reduction in orders that have to be set aside for additional Quality Control checks. How did they do it? They used communication techniques - not capital outlay!

On The Job Training is Something You Can‚??t Afford to Skip


Trained employees are more productive employees; there‚??s no doubt about that. Whether you‚??re your only employee or whether you‚??ve got a growing staff, put OJT (on the job training) at the top of your To-Do list.

Developing Your Management Style


One thing a lot of us don't do in sales is take time out to analyse things.

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