Top level executives or top management team while attending to various management tools for delivering business success can’t afford to miss the most contemporary applied strategy, the balanced scorecard. Balanced Scorecard at core level is a premeditated planning and management system which has been implemented in various Private sector businesses, […]
Category: Management
Customer Service is a system organized to provide a long-lasting link between the customer and the supplier from the time, the order is received, goods/services delivered and used, with the objective of satisfying customer needs constantly.
Managers are assigned the task of motivating and encouraging employees to work as a coherent team and produce ideas that promote the success and growth of business. However this task is not as simple as it sounds.
Employee retention is crucial for the success and survival of a business. Top employees are responsible for the strategic decision making, handling business finances and investments and other critical areas of a business.
Grievance means any discontent or dissatisfaction, whether expressed or not and whether valid or not, arising out of anything connected with the company that an employee thinks, believes or even feels is unfair, unjust or inequitable.
There are numerous reasons for organizations to retain their manpower strength. Establishing a dedicated and efficient set of talented employees ensures growth and success for every organization.
Robert Blake and Jane Mouton used a chart called Managerial Grid to describe five types of managerial styles. They make use of the terms ‘concern for people and concern for production” and “concern for people”. These two dimensions are plotted on a 9-point scale on two separate axes.
This model postulates that the effectiveness of leadership style depends on situational favorableness, i.e., the ease or difficulty with which the leader can influence his subordinates.
Six sigma approach has got the innate notion of the productivity that rests in the doctrine of perfection. That perfection is natural at every stage of production till the delivery to the end user, and that the fine tuning is possible at any stage if some variations crop up.
Market positioning is nothing but manufacturing a product keeping a specific target group in mind and marketing the product to them. In other words the manufacturers concentrate on particular group of customer for there products.
People at workplace have to work together in teams. While working together, conflicts and disagreements are bound to arise.
Autocratic Leadership & It’s Models
Autocratic Leadership In this kind of leadership, the leader alone determines policy and makes plans. He tells other what to do and how to do it. He demands strict obedience and relies on the power of his position to reward and punish others. An autocratic leader maybe either authoritative who […]
Customer Service: A link between customer and the supplier
Customer Service is a system organized to provide a long-lasting link between the customer and the supplier from the time, the order is received, goods/services delivered and used, with the objective of satisfying customer needs constantly. Market positioning is nothing but manufacturing a product keeping a specific target group in […]
Alderfer’s ERG Theory of Motivation – Comparison of ERG Theory with Maslow Theory
The E, R and G theory stands for existence, relatedness and growth are the three sets of need which is the focus of this alternative theory of human needs in an organization. ERG theory was developed by Alderfer and he argued that people do have needs and that those needs […]
Benefits & Advantages of Management Information System
Benefits Decision Making The first development in the information systems that is combined with management to improve its process is the better understanding of the decision making process. The concept of programming or automating decisions is an outstanding development and forms the core of system design to build a base […]
5 Whys Analysis Strategy To Find Root Cause Of The Problem
Any organization when faced with problem needs to go through various steps as problem solving process- Identify the problem, Identify sources to resolve the problem, Plan the implementation of sources and finally execution. In the whole process first step is most vital as well as critical. If we are not […]
6 Major Tips To Build A Personal Assistant Business
Reliable, self-dependent, attentive, intelligent and smart are some of the qualities of a personal assistant. If you have the qualities of a personal assistant but do not know how to start this business then the following tips will help you to build a personal assistant business. Choose The Types Of […]