 Category :: Management Articles |
Author :: CD  |
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| Article Title :: Innovative Thinking- Can it be done by a team? |
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| Linux is named after Linus Torvalds, a Finnish programmer. Today Linux is one of the path breaking software which has been recognized all over the world. Linus Torvalds developed Linux all alone, but today since the source code is free to access and change, Linux goes on getting developed further by thousands of programmers working in groups or all alone. Here it was
the creativity of one brain which gave birth to a concept. This concept has been developed to its present form by groups of people spread all over, thanks to the Internet.
Innovative ideas do start in one mind before taking on the world. The radio, television, telephone, electric bulb etc. all were developed (read full article) |
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| Category :: Management Articles |
Author :: Henry Byers |
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| Article Title :: What Is Invoice Factoring And Invoice Discounting? |
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| The Romans were the first civilization to sell promissory notes at a discount, beginning the industry of factoring. America was built largely on the possibilities of factoring, when colonial businesses were factored by Europeans willing to invest cash in exchange for the promise of large returns, and government bonds also use the same principles applied by businesses when they engage in invoice factoring.
Invoice factoring is, at its simplest, the sale of the right to collect cash owed on your outstanding invoices. Most businesses engage in invoice factoring when they need cash up front quickly, or when they have customers that are slow to pay and don't have the resources to bui (read full article) |
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| Category :: Management Articles |
Author :: Frank Holes Jr. |
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| Article Title :: Building Positive Relationships with your Custodial Staff |
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| The custodial and maintenance staff isnÂ’t just around to sweep the floors, empty the wastebaskets, and clean up messes. They play an important role in the school environment. These people are not only essential to keeping the building and grounds in top shape and presentable to the public, but also keep the various physical systems in the school in working order. These may include heating & cooling, water, plumbing, and electrical systems, and sometimes even technology. They may also put up walls, plow the snow, line the football field, repair the drinking fountains, and put together classroom furniture.
Your custodial and maintenance workers can help you in a number of ways (read full article) |
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| Category :: Management Articles |
Author :: Eric Garner |
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| Article Title :: Do You Let Your Staff Daydream? |
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| How much time do you let your staff think? I mean “think” in all shapes and forms. Such as planning and reviewing, brainstorming and creativity, decision-taking and problem-solving, logical thinking and free-flow thinking.
And, yes, daydreaming, too.
Well, if itÂ’s not up to a quarter of their time, then maybe theyÂ’re not doing enough.
ThereÂ’s a rather good story told about the first Henry Ford, founder of the Ford motor company.
Ford, wanting more and more productivity from his workers, decided to hire a consultant to identify areas of improvement in one of his factories.
The consultant went round the site a (read full article) |
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| Category :: Management Articles |
Author :: Henry Byers - |
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| Article Title :: Using Invoice Discounting For Cash Flow |
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| Invoice discounting is basically the same as invoice factoring: it involves selling your invoices that are not yet due to be paid to a company at a discount. The discount provides the company purchasing your invoices with their profit; but by receiving cash now for your invoices, invoice discounting enables you to:
* Meet emergency expenses
* Pay suppliers early to take advantage of early-payment discounts
* Take on time-sensitive new projects
* Expand your business more quickly
* Pay for costly advertising that will bring in more sales
* Beef up your business prior to crucial time points
Invoice discounting involves finding a company t (read full article) |
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| Category :: Management Articles |
Author :: Peter Granger - |
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| Article Title :: How To Save Millions Simply By Reducing The Cost Of Spending |
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| Despite widespread agreement that effective expense management is critical to business success, there's still one aspect of expense management that tends to be handled badly. And it's costing many businesses millions each year! Ironically, it's a cost that can be drastically reduced (all but eliminated) overnight.
I'm talking about the processing costs associated with purchases. They're called "transactional processing costs"; they're not the cost of the purchase itself, but the cost of the transaction.
The Dollar-Value of Transactional Processing Costs
The end-to-end cost of processing high volume, low value purchases (such as travel, entertainment, c (read full article) |
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| Category :: Management Articles |
Author :: Parveen Panwar - |
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| Article Title :: Tips For Successfully Outsourcing Services To Freelancers Or Outsourcing Service Providers |
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| Small businesses and entrepreneurs always benefit by outsourcing their services to professional service providers or freelancers as this saves them time and money. The money saved due to outsourcing can be effectively and successfully utilized to focus more on strategic and core business functions.
This article will help small businesses and entrepreneurs in making the right decision in choosing the correct service provider for them and managing their projects.
Tips for Finding and Choosing the Right Freelancer or Service Provider for your Services
1. Where to find a Service Provider
You can find service providers or freelancers through onl (read full article) |
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| Category :: Management Articles |
Author :: LeeAnna - |
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| Article Title :: What Is Good Corporate Governance? |
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| Good corporate governance refers to methods, laws and policies that direct, control and administers important functions of a corporation. Principal stakeholders and board of directors within the corporation are the ones who manage the principal corporation. Good corporate governance ensures the goals of the management stays within the lines of agreement of the stakeholders. Most people think there is no difference between stakeholders and shareholders in a corporation however, there is a difference and that is why it's important to manage things correctly. While working toward maximizing shareholders value and fairness, good corporate governance system ensures their rights are protected at a (read full article) |
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| Category :: Management Articles |
Author :: Alan Fairweather |
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| Article Title :: 5 Action Ideas to Deal with Difficult People |
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| When was the last time you had to deal with a difficult customer? It was probably and external customer but perhaps it was an internal customer, such as a member of your team, a colleague or even - your boss!
I'm sure that you always want to provide exceptional service to both your internal and external customers. However, in the real world, things go wrong and mistakes are made. These "customers" will often judge your level of service based on how you respond to a mistake. Do it well and they'll probably forgive you and possibly even say positive things about your business or your abilities to other people.
The important thing to realise when dealing with an upset (read full article) |
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| Category :: Management Articles |
Author :: Henry Byers - |
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| Article Title :: Why Try Factoring? |
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| When you engage in factoring or selling your accounts receivable, you're accepting less money for an asset than you might expect to get for it. But there are great reasons for factoring and here are 10 of them:
1. The ready cash you'll get by factoring will help your company to grow. If you have $2000 ready cash in the bank, but you've invoiced for $100,000 down the line this will lead to $75,000. Think about it: the ability to hire more necessary staff, buy needed equipment, and have stock on hand could make a real difference to your business.
2. Ready cash can help you pay your suppliers sooner, helping you negotiate discounts and have a larger credit line than yo (read full article) |
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