 Category :: Management Articles |
Author :: Rick Weaver  |
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| Article Title :: Executives: Stress is Number One Productivity Issue |
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| Watson Wyatt Worldwide, a national business group with a focus on health, recently took a survey among 275 employers to find out the key issues affecting employee productivity.Their findings show the stress was identified by 72% of the employers as a key issue relative to productivity.Stress has been building in the workplace as employers find it increasingly necessary to have more work done by fewer employees. The result has been that employees have been asked to take on additional responsibilities, work longer hours, cross train with other departments, and do more multitasking.After stress in the survey, 59% said a key issue affecting employee productivity were pers (read full article) |
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| Category :: Management Articles |
Author :: Rick Weaver |
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| Article Title :: Coaching ROI exceeds $100,000 |
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| In recent years executive coaching has become increasingly popular. Once limited to entrepreneurs and CEOs, coaching is now finding its way into middle and lower levels of management. Why are more companies funding the advancement of coaching to lower levels of management? The answer is simple: ROI. According to a recent study, the average ROI (return
on investment). The same survey set a dollar value on the ROI at more than $100,000. Surprisingly, this dollar figure was based on the actual reports from executives who estimated the monetary value of the results achieved through coaching.The academic world concentrates on technical skills and theories instead of people skills. (read full article) |
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| Category :: Management Articles |
Author :: Peter Robertson |
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| Article Title :: Practical Accounting 2 |
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| Different methods of allocating costsFirst, we will start with Direct Costs. In the previous article I indicated that it is advisable to allocate direct or (known) costs to the product or service whenever possible.There are a number of methods used. The most common one being used by service type industries such as the local mechanic:-DIRECT COSTSJob CostingFor some, this takes the form of a docket book in which they write down each expense relative to the job being undertaken. In larger workshops and small factories there is often a job sheet or card that follows the product along the assembly line. These can be specially printed, or with m (read full article) |
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| Category :: Management Articles |
Author :: Michael Russell |
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| Article Title :: Project Management - Winning the Project |
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| The big day has arrived, the day on which your customer decides which of the competing bidders has won his new project. As the Project Manager, you may or may not be the first to hear the news. Customers work differently. Sometimes a member of the customer’s staff, or more than one, will “whisper” the news to his opposite number in the bidding company and sometimes full protocol will be observed, with a formal communication being sent from the customer’s Contracts Manager to your Commercial Manager. Either way, the Project Manager will be one of the first to hear the good news that your bid was considered to be the best and that the job now starts in earnest.Bearing in (read full article) |
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| Category :: Management Articles |
Author :: Michael Russell |
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| Article Title :: Project Management - The Plans |
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| When you put the bid together, one of your most important pieces of documentation was the Project Management Plan. This document will be your bible from now on, in particular the programme plan, which will take the form of a bar chart or similar and which you will probably want to pin onto the wall of your office. This will show you the state of the project at a glance, including all the important dates and milestones, especially payment milestones. If your plan was formulated using detailed activities for each milestone, you will need to check with the milestone owners that these are still valid. If you didn’t use detailed activities, you might want to start now. I firmly believ (read full article) |
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| Category :: Management Articles |
Author :: Brett Daneilson |
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| Article Title :: How to Avoid A Corporate Event Nightmare |
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| It's like the old dream where you're delivering a speech to a packed house - and suddenly realize that you're standing there with your trousers around your ankles. You've planned the perfect company dinner - and the caterer got the date wrong. Your keynote speaker didn't show up because his travel tickets were never confirmed. And the napkins at the tables don't match the tableskirts. Are your guests going to think 'Oh, their corporate event planners let them down? Of course not! When you plan a large scale corporate event, your company's reputation is on the line. Why would you leave that in unskilled hands?The most successful corporate events are those that are well-planned and f (read full article) |
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| Category :: Management Articles |
Author :: Terence Traut |
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| Article Title :: Hiring the Best - Interviewing Strategies that WORK! |
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| In today’s competitive environment, hiring has increasingly become a key link in establishing and maintaining your company’s edge. By attracting and hiring the best people, your company can move quickly and grow steadily. On the flip side, however, poor hires cost you precious time, money, and opportunity. Poor hiring could cost you your company.
Unfortunately, hiring candidates who can do what they say they can do is getting tougher. A whole industry has sprung up in the past ten years helping job seekers land a job — sometimes at all costs. You can’t afford to hire someone who can’t do the job, do it with minimal direction, or do it quickly. Fortunately, there are te (read full article) |
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| Category :: Management Articles |
Author :: Hans Bool |
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| Article Title :: Benchmarking and Performance Management (2) |
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| A mutual fund could set a benchmark as a target for the performance. For such a fund, one that is 100% focused on the stock-market, the benchmark could be a stock-market index, like the Dow Jones. For individual portfolios that carry more than stocks only but include currencies and bonds, it is more difficult to define an appropriate benchmark.And that is exactly the problem with benchmarking as a performance management instrument in organisations. How are you to measure a performance if every company is unique and wants to deviate from the standard?And that is exactly the problem with organisations. How are you to measure a performance if every company is unique? Benchmarki (read full article) |
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| Category :: Management Articles |
Author :: JHadley |
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| Article Title :: The Interim Management Lifestyle |
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| Interim management isn’t the career for you if you don’t like challenge and change. But for those of us who love both, it brings a rich variety of enhancing and intensive experiences: exposure to different industries, products and processes, and a variety of organisational structures, and cultural styles and the opportunity to establish an outstanding “track record for delivery”, added to which interim managers love not having to go through rounds of appraisals only to be told that: “unfortunately budgets for salary increases are limited”.
Show Me The Money
In fact, performance can probably never be more directly linked to pay. Even new interim managers can ra (read full article) |
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| Category :: Management Articles |
Author :: Neil Best - |
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| Article Title :: How Do I Build A Winning Business Plan? - Part 2 |
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| Competitor Analysis - Keep it Real
Failure to identify competitors in your business plan is a warning sign to potential investors that either:- you've not done enough research; you haven't acknowledged the competition you face; or that actually the market is not large enough to support any competition. You're not going to find anyone to invest in your business if the latter is true.
It is much better if you acknowledge realistic strengths and weaknesses of your closest competitors, and how you will address those with your business model. It also acts as evidence to the potential investor - as mentioned above - that the market is large enough to support a number of b (read full article) |
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