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Categories :: Business : Management Articles
 


 

Category :: Management Articles Author :: Sean McPheat 
 
 Article Title :: What's Your Management Style?
 
All in all there are 6 managerial styles. Now what I am not saying is that there are any right or wrong answers here.You as a leader need to adopt the right style to fit the situation and the person. But what I am saying is that some styles are better suited to certain situations than others.And also, if you keep to the same style no matter what the situation this can have adverse affects from you staff and performance.So, want to know what the 6 managerial styles are and what they mean?Here goes!** THE COERCIVE MANAGEMENT STYLE **Manager who uses this is intent on obtaining immediate compliance from employees. Conversation is one way.  (read full article)
 
 
Category :: Management Articles Author :: Gene Pepper 
 
 Article Title :: 6 Symptoms of a Company in Crisis
 
Is your company in a crisis? Not sure? Check out the list below to see if you need to take action now!Denial You have been warned that there are problems in the company. It doesn’t matter what kinds of problems there are—cash connected, poor collections, declining sales, increased defects if you’re a manufacturer, reports of terrible customer service, and on and on. Denial will kill your company. Get some help—fast. Cash Problems The checkbook and company savings account (if there is one) are decreasing every month. Your internal accounting person is on you every day to do something. But there are s  (read full article)
 
 
Category :: Management Articles Author :: William R. Patterson 
 
 Article Title :: Finding the Right Business Partner
 
One of the major challenges facing entrepreneurs and business leaders is finding the right business partners. Great care should be exercised when selecting associates because the right choice can bridge gaps and assist in the execution of your business plan. The wrong choice can harm the reputation and earnings of your company. One should consider the following when forming strategic alliances: Find Believers in Your Mission No one will champion your cause like a true believer in your vision, products, and services. Align yourself with those who comprehend the magnitude of what you are doing and will offer wholehearted support to your endeavors. Those who align   (read full article)
 
 
Category :: Management Articles Author :: William R. Patterson 
 
 Article Title :: How to Motivate Under-Performing Personnel
 
It is no secret that the performance of personnel is the largest contributing factor to the long-term success of any organization. Managers may give direction, but in the end, it is the company’s staff that determines how well it executes. It is the staff that must respond to the threat of competition and the shifting interests of shareholders and consumers. Taking this into consideration, one of the greatest challenges facing managers is motivating their personnel to achieve outstanding performance. Whether you are a first-time or veteran manger, these simple strategies will serve as a primer to put you on the right track. Emulate High Performers Direct your s  (read full article)
 
 
Category :: Management Articles Author :: Robert Berman 
 
 Article Title :: Directors and Officers Need To Protect Themselves From Security Class Action Lawsuits
 
Over the last 22 months more than 75 security class action lawsuits were settled on behalf of investors. The value of the settlements and awards was in excess of $4.3 Billion. That equates to more than $56 Million per case. (The $4.3 Billion does not include the $2.65 Billion settlement in the Citigroup/Worldcom case).76% of the class action lawsuits were based on allegations that the defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by making a series of materially false and misleading statements and/or omissions. That as a result of these materially false and misleading statements and/or omissions the price at which the securities were traded i  (read full article)
 
 
Category :: Management Articles Author :: Hans Bool 
 
 Article Title :: Benchmarking and Performance Management (1)
 
Comparing outcomes could be fascinating. For example if you are eager to know whether there are more divorces in Hollywood than on average?To measure the length of someone you can use a yard-stick, ruler or a measuring tape. If you have taken the measure, you can than compare it with others. If you want to compare the performance of activities, or the level of a competence or capability, you can use a benchmark.A benchmark could be the outcome of activities or competences that have previously been measured. Such a benchmark serves like a reference, like a norm that can been set as a target.Mutual fund managers use benchmarks to set their performance target. This can b  (read full article)
 
 
Category :: Management Articles Author :: Liz Cassidy 
 
 Article Title :: Its Official - Executive Coaching is More Effective than Training
 
In the first longitudinal study of its kind, PhD student Fran Finn, is undertaking a three year research study of the effectiveness of coaching versus training, in a large public sector organisation in Queensland. In the study one group of leaders, had individual coaching for a year, whilst the control group continued with their normal training programs.The pre and post 360 degree feedback results indicate that after only one year of executive coaching the Leaders being coached outperformed the Leaders who simply received training on 4 out of 5 measures. The research, measurement and feedback was based on the model of Transformational Leadership. We will keep watching for results f  (read full article)
 
 
Category :: Management Articles Author :: John Morris 
 
 Article Title :: Employee Rewards Reap Results
 
The way you reward people forms an essential foundation for effective people management. Money is by no means the only motivator of people, but too little money demotivates powerfully. Studies have shown that material reward is far more powerful than monetary.1. How To Determine Levels Of RewardTo determine how much reward is appropriate, consider the question what level of employee reward will attract, retain, and motivate people of the calibre that you require. If an employee does something that results in a one-time boost for the company, a one-time incentive is most appropriate.2. Why Give Employees Added Rewards In Addition To Wages?Keep in mind that the m  (read full article)
 
 
Category :: Management Articles Author :: Barbara Bissonnette 
 
 Article Title :: The Omniscience Trap: What It Is and How It Holds You Back
 
Who among us hasn’t fallen into the trap of believing that in order to be worth our salt as managers, we must be omniscient, omnipresent, and omnipotent on the job? In Truman-esque fashion we declare that the buck stops with us, and confuse taking responsibility for results with being responsible for controlling everything that happens with a project, department, or business unit.Everyone knows about the bottlenecks that occur when too much information is forced to flow through one pair of hands. Commonly, managers who take responsibility for all of the details spend long hours checking the work of associates (which is often of an administrative nature) while higher  (read full article)
 
 
Category :: Management Articles Author :: Jim Clemmer 
 
 Article Title :: Growing Others Into What They Could Be
 
"A true Master is not the one with the most students, but one who creates the most Masters. A true leader is not the one with the most followers, but one who creates the most leaders." — Neale Donald Walsch, Conversations With God: An Uncommon DialogueI was doing fairly well in grades one to three - especially in reading. Then I hit a terrible teacher in grade four. She made school so unhappy and unappealing, she almost caused me to drop out — of course I would have waited another few years to make it official. However, in grades five and six I came under the nurturing of Mrs. Westman. I vividly remember her saying after I'd read a composition to the class; "someday I won't be   (read full article)
 
 
 
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