 Category :: Management Articles |
Author :: Jeanne Sawyer  |
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| Article Title :: Problem-Solving Success Tip: Whatever You Do, Do It on Purpose |
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| Decision-making shows up throughout the problem-solving process. The decisions may be difficult or unpopular, so it’s very tempting to ignore some of them. Imitating an ostrich, however, is a wimpy way to decide not to change anything—and is quite likely to leave you making awkward explanations later.• Make conscious decisions: whether to proceed or not, which path to take, etc.
• Know why you made the decision you did,• Be able to explain it (and offer alternatives).The first big decision in problem-solving is deciding whether or not you’ll tackle a particular problem. Take the time to figure out what you need to know to make an informed decision, then d (read full article) |
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| Category :: Management Articles |
Author :: Justin Koh |
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| Article Title :: Network Performance Management - The 6 Pillars Of Network Management System |
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| Now that we are in the 21st century, most companies need to have some form of connectivity or another in order to have their business running well. In another word, network management can be the life line of these companies. Can you imagine Yahoo, Google, and Ebay going down for a few minutes? Millions of dollars could be lost during those few minutes. As such, the importance of network management in this type of companies cannot be underestimated.In order to understand network management better, we have to look at the ISO (International Organization for Standardization) which looks at security management, fault management, configuration management, accounting management and perfor (read full article) |
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| Category :: Management Articles |
Author :: Steve Austin |
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| Article Title :: Commercial Collections Billing Practices Advice |
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| Swiftness is the key to collecting past due commercial accounts because commercial accounts depreciate more faster than consumer accounts.In creating and implementing a billing system, a credit grantor should recognize that time is the safest refuge of any debtor. The more time they are given, the less likely they are to pay. Hence, sales documents should be explicit about payment terms, return privileges, interest charges on overdue accounts, guarantee and service costs.Various Commercial Collection Programs UsedA series of letters used together with an account aging sheet or data printout will help to track slow-paying accounts.All systems should have an orga (read full article) |
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| Category :: Management Articles |
Author :: Steve Austin |
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| Article Title :: Learn About Commercial Collections Agencies Fees |
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| As with any other service, there are good and bad commercial collection agencies. Beware of any agency that offers you cut rate commissions far below the accepted Commercial Law League rates, offers you kickbacks on commissions, or makes outlandish promises about recovery success.You should investigate, evaluate and rate the commercial collection agencies that you plan to use just as carefully as you do with customers when you grant credit. Here are some suggestions:
Use Commercial Collection Agencies That Specialize In Commercial Collections
If you consider a nationally known commercial collection agency or network, ask for references within your industry. Call these references to (read full article) |
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| Category :: Management Articles |
Author :: Steve Austin |
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| Article Title :: How To Write Commercial Collections Letters |
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| It is sometimes valuable to bring the sales manager into this step of the collection process. Information concerning the delinquency can often be obtained from the sales department.
Tips for Commercial Collection Letters:
When writing commercial collection letters, these points should be considered:Include all basic information.The commercial collections letter should state how and when you expect payment. It should suggest why the account should be paid in full. It should motivate the debtor to actually do this—now.Use an effective style of writing.Most commercial collections letters are written to appeal to the writer and not necessarily to the delinquent c (read full article) |
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| Category :: Management Articles |
Author :: Peter Hunter |
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| Article Title :: Does My Bum Look Big in This? |
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| If a good manager asks his workforce for their opinion of him he will receive their expressions of approval and be satisfied that he is doing a good job.If a bad manager asks his workforce for their opinion then he too will receive their expressions of approval because as we all know, the best way to get a bad manager off your back is to agree with him.The problem for the manager is how to find out if he is good, and adding value to the organisation, or if he is bad, interfering and preventing the workforce from performing tasks that they are perfectly capable of doing well on their own.To get honest feedback we have to be able to look in the mirror.The problem (read full article) |
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| Category :: Management Articles |
Author :: Michelle Dunn |
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| Article Title :: Don't Sweat the Small Stuff with Your Credit Policy |
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| Do you know how many customers you have that are past due right now? How many bad checks are sitting on your desk that you don’t know what to do with? How many dunning letters do you send out a month?How would you like to answer those questions with none, or very few? In a new book, “Become the Squeaky Wheel,” Michelle Dunn, explains and outlines some easy procedures you can use to erase bad debt, and prevent it in the future.“One thing that is often overlooked is how to prevent future credit issues,” says Michelle Dunn. “I am always amazed at how creditors will hire someone to collect the bad debt they have but do nothing to prevent future problems.” (read full article) |
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| Category :: Management Articles |
Author :: Michelle Dunn |
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| Article Title :: How Businesses Can Stop Wallowing in Bad Debt and Prevent It in the Future |
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| “Become the Squeaky Wheel”, a new book just published, explains that getting customers involves more than advertising. Michelle Dunn presents examples of credit procedures and policies to help creditors or business owners collect bad debt and prevent it in the future.“One of the best things you can do is implementing a credit policy or have each new customer fill out a credit application,” says Michelle Dunn. “A credit application will protect you and let your customers know you mean business. Done correctly, it can increase your overall profits now and in the future.Having a sound credit policy in place helps ensure that you will get paid, as long as it is enfo (read full article) |
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| Category :: Management Articles |
Author :: Michael Gatt |
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| Article Title :: A Comprehensive Sarbanes Oxley Act Summary |
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| Individual and corporate security stand in the center of the Sarbanes Oxley Act summary, as they are the areas that suffered most changes. New criminal and civil penalties were announced for security violations and a new system of certification of internal audit efforts was set. With the new auditor independence provision, auditors from outside the system have been granted more access to company data. Other items comprised in the Sarbanes Oxley Act summary focus on an increased disclosure of compensation methods and systems, especially for upper management.This new act brought a lot of unrest and insecurity with companies, who had to adapt their work methods to comply with it. Howe (read full article) |
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| Category :: Management Articles |
Author :: Christopher J Thomas |
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| Article Title :: Basic Management Skills |
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| Recent studies have shown that industrial supervisors are working at less than 60 % of their potential. Basic management skills training is guaranteed to change all this and at such little costManager in contextMost of my adult life has been spent working as a supervisor or manager on industrial projects throughout the world. As the years passed I have become more and more convinced that the supervisor is the most critical of all roles in industry. The supervisor controls the key organizational ground that separates management from the workforce, which is fundamental to introducing and sustaining effective change.Unfortunately, many managers are given th (read full article) |
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