 Category :: Management Articles |
Author :: Rajesh Naik  |
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| Article Title :: Leveraging Six Sigma in IT |
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| INTRODUCTION
CHANGING BUSINESS PARADIGM
The International Data Corporation (IDC) predicted that the worldwide outsourcing market would grow from $100 billion in 1998 to $151 billion in 2003, with a compound annual growth rate (CAGR) of 12.2 percent.
The 1990s witnessed a massive spurt in service outsourcing, particularly in the IT services sector.
Over 60% of the Fortune 500 companies, located in Europe and America are outsourcing their IT operations offshore to developing economies like Asia, Africa, the Carribean and Latin America with a view to achieve cost reduction. The primary contributor to cost reduction was the wage disparity between outsourcin (read full article) |
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| Category :: Management Articles |
Author :: Stephanie Marks |
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| Article Title :: Employee Benefits Driving Corporate Performance -- A White Paper |
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| In todayÂ’s economy, companies of all sizes are facing a number of challenges that require urgent action. Health care costs are rising, pension obligations are growing and top talent is becoming increasingly difficult to recruit in the rebounding job market. Among the most significant business trends, competitive pressure on American workers is increasing at a rapid pace as offshore business process outsourcing (BPO) becomes more effective in performing traditional American jobs at much lower costs. The fundamental challenge for human resources managers is to re-invent employee benefit programs to deliver higher performance at a lower cost.
The process of re-inventing employ (read full article) |
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| Category :: Management Articles |
Author :: Frank Sterner |
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| Article Title :: Move Inventory, Not Workers |
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| A plant can save space, time and money with a carousel
Many companies think material handling automation is a nice idea, but something for the big guys. After all, computers and automated systems cost money. Automation is designed for high-volume shops. It takes up space. It requires training, and that means hours spent away from production. Once installed, automation needs to be maintained-and that means more downtime. Too often, the decision to automate is put off until a future day when the company thinks it's big enough to need it-or big enough to afford it.
In reality, material handling automation comes in many sizes. It saves far more productive hours t (read full article) |
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| Category :: Management Articles |
Author :: Rodney Boettger |
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| Article Title :: Mangement Through Measurement |
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| In 1996, in the movie Jerry McGuire, actor Cuba Gooding, Jr. made famous the phrase “Show Me the Money!” Ten years later, a variation of that command, now “Show Me the Data!” rings in conference rooms throughout the country. Managers far and wide, at least the successful ones, are looking at the data. Don’t tell me your opinion, show me the data. Can you back it up with data?
If you canÂ’t measure it, you canÂ’t manage it. Companies may be able to survive for a while if managers arenÂ’t using data to make decisions, but they will eventually see their demise; likely sooner than later. Those companies to benchmark off are the ones who are not only surv (read full article) |
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| Category :: Management Articles |
Author :: Tony Moore |
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| Article Title :: Good Experiences Come Back 10 Fold |
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| How many times have you needed to call for a service such as carpet cleaning? Mechanic service? How about a more serious issue such as a flood service?
Did you find that looking through the phone book just doesnÂ’t give enough info and searching online pops up to many unreliable, irrelevant leads? Either way, I personally find it hard at times to find quality, fast reliable service.
For instance, I thought word of mouth was the best way to get what I am looking for. So I talked to a friend when my car broke down. “Sure” she said, I know just the place. After agreeing to pay a ridiculous price for a fast turn around, I thought money talks, right? Not in (read full article) |
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| Category :: Management Articles |
Author :: Mike Nacke |
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| Article Title :: Beat Your Competition with These New YearÂ’s Hiring Resolutions |
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| Another year has passed and itÂ’s time to make your New YearÂ’s resolutions. While others will be hitting the gym and chomping on nicotine gum, you can get a leg up on your competition with these hiring techniques to build your workforce in 2006.
Hire Slow, Fire Fast
The first and most important resolution you can make in the New Year is to stop waiting until the last minute to hire a new employee and stop letting the dead weight in your department drag the rest of the group down. Management is not an easy task, and hiring always seems to end up on the bottom of the ‘to do’ list. Because of this, managers always tend to rush the hiring process since th (read full article) |
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| Category :: Management Articles |
Author :: Matthew Noel |
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| Article Title :: Quality Management: Organizational Needs |
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| Any business out there can benefit from quality management. Whether you are producing thumb tacks or if you are producing IT equipment, there is little doubt that they need to be of the highest levels of quality. Yet, as your business grows, you will find it farther and father difficult to manage quality management. Because it is so very important, though, you need to find a way to make sure it is dead on.
What solutions are out there?
You know that you need quality management but finding the most effective way to get it may seem difficult. The good news is that there are a large number of options that can help you. From organizations that specialize in quality mana (read full article) |
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| Category :: Management Articles |
Author :: Steve Kaye |
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| Article Title :: Do These Myths Make Your Meetings Miserable? |
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| You can hold effective meetings and become a more successful leader if you avoid these seven monsters. Here's how. Myth 1: Executives belong in meetings. Although the demands of business cause executives to attend more meetings than other professionals, executives need to avoid meetings. Top management is responsible for vision, strategy, plans, and communication. That means executives should spend most of their time thinking, learning, planning, and communicating. Inefficient, ineffective meetings waste the time of the company's most valuable employees. Better: Ask probing questions when invited to make sure that your presence will add value. For example, "What are your goals for the meetin (read full article) |
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| Category :: Management Articles |
Author :: Steve Kaye |
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| Article Title :: 10 Things That Lead to One Great Meeting |
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| Here are ten things that you can do to hold more effective meetings. 1) Avoid meetings. Test the importance of a meeting by asking, "What happens without it?" If your answer is, "Nothing," then don't call the meeting. 2) Prepare goals. These are the results you want to obtain by the end of the meeting. Write out your goals before the meetings. They should be so clear, complete, and specific that someone else could use them to lead your meeting. Also, make sure they can be achieved with available people, resources, and time. Specific goals help everyone make efficient toward relevant results. 3) Challenge each goal. Ask, "Is there another way to achieve this?" For example, if you want to dist (read full article) |
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| Category :: Management Articles |
Author :: Maria Boomhower The Master Communicator |
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| Article Title :: The Secret To Overcoming Resistance to Change |
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| Mahatma Gandhi stated that no one can oppress you more than you oppress yourself.
I believe this to be true, especially when it comes to change. I have witnessed people, putting up with horrible conditions rather than change. And so, it is no wonder it is considered one of the most difficult things to deal with for a business.
For many people, there is nothing more fearful. They like the comfort zone of knowing exactly how everything works and knowing where they stand.
Many even resist promotion because of the unknown factor. They wonder if they will be able to do the job, whether or not they will understand what is required and whether they will be ab (read full article) |
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