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Categories :: Business : Management Articles
 


 

Category :: Management Articles Author :: Frank Schmidt 
 
 Article Title :: What To Do When Your IT Project Is Late, Over Budget, and Looks Like It’s Never Going To Work
 
Here’s a scary statistic. According to four prominent research firms, only around 20% of all IT projects are finished in a timely manner. By “timely” the researchers mean without loss of quality or being over budget. They go on to say the average project runs approximately 200 percent late, roughly 200 percent over budget, and contains only 2/3 of the original functionality.Failure is the norm in the IT industry. But why? And more importantly, how do we fix it?There must be a way to dissect the problem, and create a solution to the diagnosis of “doomed failure.” Trust me, there is!Top 7 Problems and Their SolutionsLet’s take a look at the top   (read full article)
 
 
Category :: Management Articles Author :: Christopher Mallon 
 
 Article Title :: Five Tips for Analyzing an Income Statement
 
In today's article, we’ll be looking at the income statement, which is the most deceptively simple of the major financial statements. I say simple because it’s just a list of all the revenue, minus all the expenses, to calculate what’s left over in profit. It’s no more difficult than putting your family budget together, right?That’s where the deceptive part of the description comes in. The items on the income statement are easily manipulated by, say, less-than-honest management, and don’t necessarily represent the true situation at a company. Even totally honest companies can have income statements that don’t represent economic reality. Cash flows define economic real  (read full article)
 
 
Category :: Management Articles Author :: Lora J Adrianse 
 
 Article Title :: Disaster Prevention Tips For Hiring A New Manager
 
It happens over and over in businesses every day.Within large companies, people are promoted to management positions to reward them for performance as individual contributors. After all, the compensation system limits reward options, so why not just promote them?In small businesses, the owner is getting overwhelmed with all that needs to be done. They think that hiring a manager is the solution to give them a little more balance. The hunt begins!Unless you get the RIGHT person for the position, both cases have the potential for disastrous results!You can save yourself and others a great deal of stress and angst if you take the time to be mindful enough to ma  (read full article)
 
 
Category :: Management Articles Author :: Michael Christian 
 
 Article Title :: Getting Your Employees' Attention Back to Work
 
It is 9:00 am on a Monday morning. Do you know where your employees’ attention is? Is it on work?Picture this. You are at work. The phone rings. It is your aging father’s neighbor calling to say that Dad is walking around outside in his pajamas and seems confused. You have a full day of meetings and deadlines. Your heart sinks as you try to figure out how to care for your dad and keep your job.The phone rings again. This time it is the school nurse saying that your asthmatic child is having trouble breathing.According to the American Productivity Audit, one-third of respondents said dependent health concerns were a top reason employees were not able to focus on th  (read full article)
 
 
Category :: Management Articles Author :: Sam Vaknin 
 
 Article Title :: The Narcissist in the Workplace
 
To a narcissist-employer, the members of his "staff" are Secondary Sources of Narcissistic Supply. Their role is to accumulate the supply (in human speak, remember events that support the grandiose self-image of the narcissist) and to regulate the Narcissistic Supply of the narcissist during dry spells (simply put, to adulate, adore, admire, agree, provide attention and approval and so on or, in other words, be an audience). The staff (or should we say "stuff"?) is supposed to remain passive. The narcissist is not interested in anything but the simplest function of mirroring. When the mirror acquires a personality and a life of its own, the narcissist is incensed. When independent minded,  (read full article)
 
 
Category :: Management Articles Author :: Linda LaPointe 
 
 Article Title :: Give Yourself a Boss’ Day Gift
 
Become a better boss and reap the benefitsAnother interesting study was done. One that should really catch our attention. It reveals that employees who are happier and treated well, produce better results than those who are unhappy. And most frontline workers are unhappy and are looking elsewhere for work.No, it shouldn’t surprise us. But somehow it does. It surprises us first, because we are stunned that a study had to be done to prove something that is so obvious. The outcome of the study should not be as surprising as the fact that it was done at all! When we recover from that, then it may surprise us because we aren’t aware that most frontline staffers aren’t hap  (read full article)
 
 
Category :: Management Articles Author :: Linda LaPointe 
 
 Article Title :: Give Yourself a Boss' Day Gift, Part 2: Are You the Position or the Person?
 
Are you the position or the person?Bosses can lose their own identity sometimes. It’s easy. It happens a lot. The results are devastating to both the workers and to the supervisor.When we are the boss, there are many dangers in becoming you the ‘position’ instead of you the ‘person’. There are many reasons why supervisors morph into being the serious, alienated, distracted, unapproachable boss. One is that we want so badly to do a good job, and we think one way to do that is to take the job very seriously.But other reasons are that we don’t know how to be a good supervisor and we don’t know what this job is that we have been promoted into. The reason is  (read full article)
 
 
Category :: Management Articles Author :: Judith Lindenberger 
 
 Article Title :: Truth or Consequences: How to Give Employee Feedback
 
In the bestseller, Good to Great, Jim Collins discovered that, "the good-to-great companies continually refined the path to greatness with the brutal facts of reality."And, in his recent autobiography, Jack Welch reports that he spent about half of his time on people: recruiting new talent, picking the right people for particular positions, grooming young stars, developing managers, dealing with under performers, and reviewing the entire talent pool.Says Welch, "Having the most talented people in each of our businesses is the most important thing. If we don’t, we lose."Why is it that many of us put off giving feedback to our employees even though we intuitively kno  (read full article)
 
 
Category :: Management Articles Author :: Judith Lindenberger 
 
 Article Title :: Smart Choices: How to Hire the Best
 
Your organization’s continued growth and success depend on making smart choices and hiring the best. Today’s economy is exploding with talent, allowing you to be selective about the staff you hire. Yet, the crucial step to filling a position is finding the right talent for your organization - someone that has the skills for the job, easily blends with the culture, interacts well with the team and believes in your mission.In his best seller, Good to Great, Jim Collins writes, "In the good-to-great transformation, people are not your most important asset. The right people are."To help you learn how to hire the best, it is important to learn about effective hiring and sel  (read full article)
 
 
Category :: Management Articles Author :: Robert A. Kelly 
 
 Article Title :: Why All Managers Are Alike
 
Because, like you I suspect, they have key target audiences whose behaviors help or hinder them in achieving their organizational objectives.But even in their own best interests, too few involve themselves in their public relations effort to the degree they should.The result can be a PR program that overemphasizes things like special events, media relations or communications tactics, without a basic, realistic plan for delivering the key audience behaviors they need to succeed.I’m talking about behaviors that lead to strong community support; increased repeat purchases; growing capital contributions; positive consumer reaction; higher employee retention rates; healt  (read full article)
 
 
 
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