Of course it is a good dream to any one to become an entrepreneur or a business man. But deciding to be an entrepreneur is only the initial step of a long journey of coming up as a business man. A number of planning, preparations, and efforts are required for […]
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.
5 Best Ways To Manage Your Company’s Progress
You should set realistic, achievable and measurable goals for your company. You should be completely aware of your company’s capabilities and limitations. Continuous and timely review of your company’s performance will help you to understand and manage your company’s progress.Documentation of the performance review will assist you in understanding the […]
5 Effective Ways To Conduct A Business Process Review
A company conducts a business process review to ensure that its operations work properly and produce desired results. If you have been assigned a task of conducting a business process review then the following things discussed in this article will help you to conduct the review in an efficient manner. […]
4 Types Of Communication In Business
Communication is an important aspect of various business activities. Without communication, a company cannot achieve its business objectives. A company is required to interact with various parties on a daily basis. Managers are required to communicate with employees and senior management is required to communicate with external stakeholders like investors, […]
Best Tools To Support HR Planning Of Your Company
Any organization needs a well established and functional Human resource department for stimulating its growth. The HR department focuses on the business practices, goals of the company, the requirements to achieve the goals and other applications that will help the organization to achieve the set targets. In doing so, it […]
Best practices in Project Management
Every organization would like to have the best practices in project management for successful and quick implementation of projects. But the truth is, managing a project from the start to finish does not require any extra-ordinary or new steps, just the usual standard procedures. To achieve best practices one needs to […]
Best Way To Choose An Accounting System
In a highly competitive business environment,companies are required to quickly adapt to the changes taking place in internal and external environment affecting the organization. Customers expect quick delivery of their orders and resolution of their complaints. Similarly, vendors expect timely and quick disbursement of their outstanding payments. Further, it is […]