By [http://ezinearticles.com/?expert=Shyamala_Sankaranarayanan]Shyamala Sankaranarayanan
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Monday, 31 December 2012
Pricing - A Key to Create a Niche Market!
By [http://ezinearticles.com/?expert=Shyamala_Sankaranarayanan]Shyamala Sankaranarayanan
Friday, 21 December 2012
Microsoft Excel 2010 for Beginners- A SUPER HI TECH COURSE from UDEMY, THE LEARNING PLATFORM OF THE CENTURY
Udemy has come out with a fantastic course on " Microsoft Excel 2010 for Beginners". Excel has become an inevitable entity in corporate business environment as each and every detail has to be recorded for tax and audit purposes. What more than a spreadsheet like excel will serve the purpose?
This particular course is a video tutorial and it teaches you how to invoke the power of excel by learning it from A to Z. An introduction from the course giver is presented for your better understanding.
Sunday, 16 December 2012
Strategic Planning: It's All About Adaptive Leadership and Strategic Thinking
By [http://ezinearticles.com/?expert=Marty_Jacobs]Marty Jacobs
Strategic planning often gets a black eye in organizational life because it is so often a canned process that is forced to fit into a current situation. Teams of people engage in what is often characterized as navel gazing eventually producing a document that quickly gets shelved or worse, tossed. To many, it seems like a colossal waste of time and money with little relevance to the work at hand or to the strategic direction of the organization.
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Strategic planning often gets a black eye in organizational life because it is so often a canned process that is forced to fit into a current situation. Teams of people engage in what is often characterized as navel gazing eventually producing a document that quickly gets shelved or worse, tossed. To many, it seems like a colossal waste of time and money with little relevance to the work at hand or to the strategic direction of the organization.
Are You Distinctively Competent?
By [http://ezinearticles.com/?expert=Shyamala_Sankaranarayanan]Shyamala Sankaranarayanan
What is distinctive competence? How does it serve as a critical factor for a firm to outsmart its rivals? This is the topic for discussion. Distinctive competence is nothing but the unique capacity of a firm in terms of resources, behavior, strengths and synergy, in relatively or exceptionally large measures. It is the advantage a company has over its competitors, because it can do something that they cannot or it can do something better than they can.
What is distinctive competence? How does it serve as a critical factor for a firm to outsmart its rivals? This is the topic for discussion. Distinctive competence is nothing but the unique capacity of a firm in terms of resources, behavior, strengths and synergy, in relatively or exceptionally large measures. It is the advantage a company has over its competitors, because it can do something that they cannot or it can do something better than they can.
Saturday, 15 December 2012
Advantages and Disadvantages of an Entrepreneurial Business Structure
By [http://ezinearticles.com/?expert=Mike_J_Kingsford]Mike J Kingsford
What is a business structure?
A business structure relates to how the business is organised with regards to who makes the decisions and instructs which part of the business. Often drawn as a diagram, it shows the relationship between decision maker(s) and different departments within the business.
The entrepreneurial business structure
In the entrepreneurial business structure, any decision that needs to be made is made centrally, either by one person or at head office, the results of which are then communicated to workers. This is the most 'rigid' of organisational structures, as workers have little to no say or input in the decision-making process, instead having to just follow any orders that are issued.
The entrepreneurial business structure is most commonly found in sole traders with just a few employees, or in organisations which have to make decisions quickly such as publishing where there is often precious little time available to discuss things in meetings when there is a deadline that has to be met. In this instance, somebody has to make a decision quickly without having to discuss or justify it.
For a sole trader, they are often the only owner of the business, and so what they say goes. Because they own it, nobody has the authority to block or delay their decision. Whilst many may invite advice from the people they employ, they will often have an idea in their minds already about what they would like done, and so will probably just make the decision straight away themselves.
Advantages of the entrepreneurial business structure
The main advantage of the entrepreneurial business structure is the ability to make decisions quickly. Without lengthy meetings and discussions, or proposals sat waiting for approval, decisions can be made pretty much instantly and changes put into place. This allows businesses to quickly adapt to any change in market conditions. It is also a leadership style which is used by governments in emergencies, with virtually all countries having laws in place which allow legislation to bypass parliament or equivalent bodies and be enacted when speed and response time is top priority.
Another advantage is that it is one of the least expensive business structures available, and in most cases will be the cheapest option. This is because there are no layers of middle managers to pay or maintain (e.g. company cars).
Thirdly, everybody knows who is in charge and who they are accountable to, removing the chances of confusion being created if different department heads asked for different things from workers (e.g. the head of the production department asks workers to improve the quality of the product by spending more time on each, at the same time as the head of the finance department asks for increased output to generate more revenue).
Disadvantages of the entrepreneurial business structure
Despite its advantages, there are a number of disadvantages to the entrepreneurial business structure.
Because of its autocratic nature, with workers being told what to do with no input on the decision, there is always a real danger of them losing morale and motivation if they strongly disagree with the decision. The extent of their discouragement will depend upon a number of factors such as how strongly they disagree, as well as the amount of explanation (if any) they get as to why that particular decision was made.
Those making the decisions may not know as much about the problem, market conditions etc. as they think they do. Whilst they make quick decisions, they are not necessarily the best decisions, and it may be better for the business to have a specialist manager in place who is an expert in a particular area.
It may also not be a suitable organisational structure if the business grows, as the decision makers have simply too many decisions to make. As stated earlier, decisions can be made quickly in an entrepreneurial business structure. But if there are so many decisions to be made causing delays as different employees wait for answers, it may actually be quicker to appoint a manager and delegate responsibility to them for making certain decisions.
Management Training Courses UK offer bespoke
[http://www.managementtrainingcoursesuk.co.uk]management training and scheduled management training courses including the [http://www.managementtrainingcoursesuk.co.uk/management_training/open_courses/first_line_manager.php]First Line Manager course for new managers who have had little to no formal training.
Article Source: [http://EzineArticles.com/?Advantages-and-Disadvantages-of-an-Entrepreneurial-Business-Structure&id=7305864] Advantages and Disadvantages of an Entrepreneurial Business Structure
What is a business structure?
A business structure relates to how the business is organised with regards to who makes the decisions and instructs which part of the business. Often drawn as a diagram, it shows the relationship between decision maker(s) and different departments within the business.
The entrepreneurial business structure
In the entrepreneurial business structure, any decision that needs to be made is made centrally, either by one person or at head office, the results of which are then communicated to workers. This is the most 'rigid' of organisational structures, as workers have little to no say or input in the decision-making process, instead having to just follow any orders that are issued.
The entrepreneurial business structure is most commonly found in sole traders with just a few employees, or in organisations which have to make decisions quickly such as publishing where there is often precious little time available to discuss things in meetings when there is a deadline that has to be met. In this instance, somebody has to make a decision quickly without having to discuss or justify it.
For a sole trader, they are often the only owner of the business, and so what they say goes. Because they own it, nobody has the authority to block or delay their decision. Whilst many may invite advice from the people they employ, they will often have an idea in their minds already about what they would like done, and so will probably just make the decision straight away themselves.
Advantages of the entrepreneurial business structure
The main advantage of the entrepreneurial business structure is the ability to make decisions quickly. Without lengthy meetings and discussions, or proposals sat waiting for approval, decisions can be made pretty much instantly and changes put into place. This allows businesses to quickly adapt to any change in market conditions. It is also a leadership style which is used by governments in emergencies, with virtually all countries having laws in place which allow legislation to bypass parliament or equivalent bodies and be enacted when speed and response time is top priority.
Another advantage is that it is one of the least expensive business structures available, and in most cases will be the cheapest option. This is because there are no layers of middle managers to pay or maintain (e.g. company cars).
Thirdly, everybody knows who is in charge and who they are accountable to, removing the chances of confusion being created if different department heads asked for different things from workers (e.g. the head of the production department asks workers to improve the quality of the product by spending more time on each, at the same time as the head of the finance department asks for increased output to generate more revenue).
Disadvantages of the entrepreneurial business structure
Despite its advantages, there are a number of disadvantages to the entrepreneurial business structure.
Because of its autocratic nature, with workers being told what to do with no input on the decision, there is always a real danger of them losing morale and motivation if they strongly disagree with the decision. The extent of their discouragement will depend upon a number of factors such as how strongly they disagree, as well as the amount of explanation (if any) they get as to why that particular decision was made.
Those making the decisions may not know as much about the problem, market conditions etc. as they think they do. Whilst they make quick decisions, they are not necessarily the best decisions, and it may be better for the business to have a specialist manager in place who is an expert in a particular area.
It may also not be a suitable organisational structure if the business grows, as the decision makers have simply too many decisions to make. As stated earlier, decisions can be made quickly in an entrepreneurial business structure. But if there are so many decisions to be made causing delays as different employees wait for answers, it may actually be quicker to appoint a manager and delegate responsibility to them for making certain decisions.
Management Training Courses UK offer bespoke
[http://www.managementtrainingcoursesuk.co.uk]management training and scheduled management training courses including the [http://www.managementtrainingcoursesuk.co.uk/management_training/open_courses/first_line_manager.php]First Line Manager course for new managers who have had little to no formal training.
Article Source: [http://EzineArticles.com/?Advantages-and-Disadvantages-of-an-Entrepreneurial-Business-Structure&id=7305864] Advantages and Disadvantages of an Entrepreneurial Business Structure
Saturday, 8 December 2012
Planning and Forecasting!
PLANNING AND FORECASTING
PRINCIPLES OF PLANNING
The guidelines of principles of planning are as follows:
1. Principle of primacy of planning: As discussed earlier planning is the prime function of management and precedes all the other functions.
2. Principle of verifiable objectives: The objectives set must be clear, achievable and verifiable in order to attain a feasible management model.
ATTITUDE IS EVERYTHING
“You should be fired with enthusiasm or else
You might be fired with enthusiasm”
You might be fired with enthusiasm”
is the moral of Attitude Management.
Attitude is the dispositional character inbuilt within an individual influenced by circumstances. You may be cheery, bubbly, energetic, pleasant, warm, breezy or rude, impolite, depressed, lethargic and dull. How does that bother you? Is that your question! Well, then I need to apprise you about the importance of attitude management that has a great influence on your lifestyle and personality.
Thursday, 22 November 2012
HR Dimensions
I would like to brief you on some of the key aspects that mark the paradigm shift in the HR environment towards better management prospects.
1. The Human Resource function has shifted its focus to a much wider canvas that includes
- EMPOWERMENT OF EMPLOYEES
- RESTRUCTURING THE ORGANISATION and so on.
Intrinsic Motivational Techniques
Following are some of the intrinsic motivational techniques employed by the organisations to boost the morale of the employees and thus the productivity.
1. JOB DESIGN: Arranging work elements to form tasks and a combination of such tasks to form a job is called as job design. Here the focus is on the job.
Motivational Techniques-www.managementguru.net
Tuesday, 20 November 2012
Why Employee Training Is A Good Investment?
Training is a process that requires employees to acquire the necessary skills and knowledge needed to perform their job. Recent studies have found that company training is linked to improved employee performance, development and retention. An employee will not be able to reach their full potential unless they are adequately trained. A poorly trained employee will eventually lead to poor performance. When company training is implemented, it helps organization become more competitive, improves revenue and employee performance.
Monday, 19 November 2012
Article - How Leaders Build Effective Teams through Quality Management and Tea
Leadership is a big word. It means more than what it appears to be and is written about in millions of books around the world. Leading a person or a group of people is an infinite responsibility. Of course, we have different kinds of leaders and people are constantly looking for leaders who can create more leaders than followers. At work, in business, in families and within friends, leaders are important because they just don’t show directions but help people identify their strengths and bring out the best in them.
Sunday, 18 November 2012
Morals at work- Business Ethics
By Myron Curry
You have probably heard the word “ethics” thrown around quite a bit, but do you know what ethics are? Ethics are a person or corporations moral philosophy, which involves how a person or business defines and handles right and wrong behavior. A solid ethical foundation is generally based upon human rights, what is fair and what is in the best interest of the workplace (both employer and employee).
Tuesday, 23 October 2012
Wednesday, 10 October 2012
Growth Strategy in Strategic Management - Management Guru
Growth Strategy in Strategic Management - Management Guru
An interesting article highlighting the need for strategies when you want to project your company in terms of sales or production...
An interesting article highlighting the need for strategies when you want to project your company in terms of sales or production...
Saturday, 6 October 2012
The Hindu : Life & Style / Society : Smilingly yours: I believe…The blue sky inspires
The Hindu : Life & Style / Society : Smilingly yours: I believe…The blue sky inspires
The writer is KS BHARAT, a successful entrepreneur from Madurai and his expressive writing stems from his experiences and stands as a mark of his wisdom.
The writer is KS BHARAT, a successful entrepreneur from Madurai and his expressive writing stems from his experiences and stands as a mark of his wisdom.
No One at the Helm-An article on Leadership Lacking verve!
No One at the Helm
Being a leader or boss of an organisation alone is not sufficient to steer your organisation in the right direction. It takes something extra which people call charisma, magnetism , aura or whatever to make employees comply and oblige. Find out what qualities are those that are desired by the workforce in a leader and what does an organisation expect from its employees!
Friday, 5 October 2012
Social Investing: What Is It?
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Social investing has received a lot of interest in recent years - especially following the financial crisis. Most people, however, are left wondering: What is social investing? Let's answer this question.
To understand what social investing is, we must first consider how traditional investors look at the world. In traditional investing, investors weigh investment decisions by looking at two broad factors - risk and financial return.
Saturday, 29 September 2012
Executive MBA
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Business and management professionals need to update their knowledge and skill sets to procrastinate the inevitable. Forecasting is the first step in the planning process that keeps you abreast with the ever changing and dynamic business environment. Well, EXECUTIVE MBA comes in handy for those who aspire career advancement and wisdom as well.
Wednesday, 26 September 2012
The "A"'s of Employee Engagement
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By [http://ezinearticles.com/?expert=Wally_Hauck]Wally Hauck
Employee engagement levels have the attention of many C-Suite executives. The latest research by Towers Watson (2012), a human resources consulting firm, confirms the wide acknowledgement that employee engagement is a critical element for high levels of financial and operational results. Any executive who doesn't pay attention to employee engagement might be accused incompetence and/or malpractice. This is especially true in light of the Tower Watson research which shows the average percentage of employees who are highly engaged comes in at only 35%. We need improvement. Here are three good ideas that will help us.
There are multiple models about how to achieve engagement. Many of them are very similar. The one outlined here might make some uncomfortable because it requires employees to be trusted. That need for trust will make some executives nervous. It will seem too risky to some.
For purposes of simplicity I name these ideas The "A"'s of Engagement Model
Personnel Management - Achieving Performance Advantage Through People!
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By [http://ezinearticles.com/?expert=Shyamala_Sankaranarayanan]Shyamala Sankaranarayanan
Excellence in human resources management is always in great demand although it is in short supply. It has to be remembered that no one is born with the value of excellence, it is evolved gradually. People can become exceptional in one or more key areas of their lives, regardless of their upbringing, education or previous level of accomplishment. The best leaders and managers
often are ordinary people creating extraordinary results and achieving success.
Monday, 17 September 2012
MULTIFUNCTIONAL LAPTOP TABLE
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The Designer Laptop Table System expands the way your Laptop is organized for computing, writing and learning. Semi- Designer Laptop placement is ideal for the educational, and professional setting. Because the Screen is in the visual plane of both the work surface and the presentation, students or professionals are so comfortable in any position - making long sessions, shared computers and tutoring easier and noticeably boosting visual perception and level of concentration.
Bench Marking
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German illustration of the quality management process model (closed loop system), including the PDCA circle (Photo credit: Wikipedia)
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| Six sigma (Photo credit: Wikipedia) |
BENCH MARKING
Benchmarking is the process of comparing one's business processes and performance metrics to industry bests or best practices from other industries.
"A technique that makes use of external comparisons to better evaluate current performance and identify possible actions for the future".
The systematic process of comparing an organization’s products, services and practices against those of competitor organizations or other industry leaders to determine what it is they do that allows them to achieve high levels of performance.
Thursday, 30 August 2012
Friday, 13 July 2012
Monday, 2 July 2012
Emotional Intelligence - A Trait That Makes You Stand Out!
By [http://ezinearticles.com/?expert=Shyamala_Sankaranarayanan]Shyamala Sankaranarayanan
Leaders are born and not made; this notion is generally accepted by one and all. Human resource management poses a real challenge to corporate organizations, where human minds and skills have to be honed for the purpose of transcending the worker performance to remarkable levels. This is possible only when an organization has a leader who can architect the process of relationship management and skill development. Transformational leaders with aggressive attitude and open approach are well appreciated and accepted by the worker force.
Leaders are born and not made; this notion is generally accepted by one and all. Human resource management poses a real challenge to corporate organizations, where human minds and skills have to be honed for the purpose of transcending the worker performance to remarkable levels. This is possible only when an organization has a leader who can architect the process of relationship management and skill development. Transformational leaders with aggressive attitude and open approach are well appreciated and accepted by the worker force.
Thursday, 28 June 2012
Why Does A Business Strategy Fail?
I found this article written by Aasish Jindal very informative and interesting as it reflects the rich experience of the author in the market. Looking at the negative side of an issue gives greater insight and clarity.
By [http://ezinearticles.com/?expert=Aashish_Jindal]Aashish Jindal
Business Strategy is one of the most glamorous terminologies in the corporate world. On one hand there are countless individuals who vie for such job profiles and on the other there are many who ignore even the simple basics, giving strategizing a bad name..
Tuesday, 26 June 2012
Rate of Return on Investment in Human Capital!
By [http://ezinearticles.com/?expert=Shyamala_Sankaranarayanan]Shyamala Sankaranarayanan
Human capital - This is the term often used in lectures and workshops conducted by big corporate organizations for the benefit of their workforce. The knowledge, skills, expertise, experience and competencies of human resource are collectively called human capital and all organizations are more than ready to invest in human resource as they consider it to be a priceless asset. Business firms are keen to enhance their personnel capability by exceptional training and development. The ultimate aim is to empower the work force by which the organization stands to gain a competitive edge.
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| Journal of Human Capital (Photo credit: Wikipedia) |
Human capital - This is the term often used in lectures and workshops conducted by big corporate organizations for the benefit of their workforce. The knowledge, skills, expertise, experience and competencies of human resource are collectively called human capital and all organizations are more than ready to invest in human resource as they consider it to be a priceless asset. Business firms are keen to enhance their personnel capability by exceptional training and development. The ultimate aim is to empower the work force by which the organization stands to gain a competitive edge.
Monday, 25 June 2012
Friday, 22 June 2012
What is kind of Organisational Weather you are trying to promote?
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Is this the kind of office or department you are working in?
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Tuesday, 19 June 2012
What Is the Cost of Employee Satisfaction?
By [http://ezinearticles.com/?expert=Shyamala_Sankaranarayanan]Shyamala Sankaranarayanan
This discussion is to highlight the significance of employee satisfaction, a major contribution factor to the overall development of an organization. The firms must suitably educate the employees during training and development, about the company plans and needs, including building knowledge and capabilities, and contributing to improve employee performance and development. The firms must maintain a work environment and climate that proves conducive for the well-being, satisfaction and motivation of employees.
Friday, 15 June 2012
Wednesday, 13 June 2012
Monday, 11 June 2012
Leadership Philosophy
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| English: USSR stamp, Mahatma Gandhi, 1969, 6 k. Русский: Марка СССР, Махатма Ганди, 1969, 6 коп. (Photo credit: Wikipedia) |
Leadership is defined as the action of leading a group of people or an organization with a definite purpose. It is still a mystery as to how only some people have the capacity to become real leaders. Right from Hitler to Mahatma Gandhi be they autocratic or transformational had the real power to make people believe and follow their ideals and conceptualisations. That is the true power of leadership that motivates people to do what is being told without an iota of skepticism.
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