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Business Management Information
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Strategies for Planning and Conducting Effective Meetings Did you know that business executives spend about half their time sitting in meetings? In fact, 40 to 50 percent of their working hours are consumed by meetings, according to a study by the Annenberg School of Communications at UCLA and the University of Minnesota's Training & Development Research Center. What are Your Best Practices? Best Practices Studies Internal Communication: 12 Essential Elements There are 12 essential elements of a successful internal communications strategy: Is A Bad Attitude Permanent Today there is great weight put on a person's attitude.It is as if this is something for which they are individually responsible and should be held to account for. People Literacy Every Manager has experienced the frustration of not understanding why one management approach that works beautifully with one employee is ineffective with another. That's because what we think would be motivating isn't always motivating to someone else. Innovation Management ? Producing Great Products, Motivation Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, development and commercialisation. Finding Common Ground Through Consensus Decision-Making It's clear to me that a workplace is a better place when employees truly work in teams, but the most familiar team models we have are those that are created to win wars and games. We have a commander or a coach who gives orders, and the soldiers or the players use those instructions to defeat the opponent. Mediator Bill Ury says, "People are realizing that adversarial, win?lose attitudes in an increasingly interdependent world, where I depend on you and you depend on me, just don't work anymore. Using those tactics is like asking, 'Who's winning this marriage?'" 5 Steps to Identify Core Processes Part Two of Creating Well-Defined Processes Series How Can A Communications Audit Help You? Organizations communicate in two directions: internally to staff and externally to clients, customers, shareholders, stakeholders, the media. Faulty internal communications can lead to mistakes, discouraged and unhappy staff, employees leaving the company. Poor external communications can jeopardize image and sales. It really is that simple. Any overall management strategy needs a communications plan or the whole operation might fail. How to Overcome Your Fear of Firing OVERCOMING FEAR OF FIRING "It was obvious that this employee could not relate well to clients. But I could not bring myself to fire him.? and while I wavered, things only got worse for everyone in the department." Having to fire someone is one of the most difficult actions any manager or executive may have to take. It is an action that many manager's find endless excuses to avoid, as did the executive quoted above. Yet, in certain cases it is unavoidable. Firing is a managerial art that many otherwise successful supervisor's neglect to develop. Dont Wait for Tax Time to Look at the Bottom Line A curious thing happens to entrepreneurs in the spring of every year. They wake up one day and realize they had better figure out how much money they made last year so they can pay their taxes. But wait, shouldn't a business owner already KNOW how much money he or she made last year, last quarter, or last month? Communication: Managements Responsibility I've just watched, again, an episode in the Back to the Floor television series, which aired on the BBC (United Kingdom) and PBS (United States). Once more, communication turned out to be a key issue, as it often does in business stories. Check Your Communication Skills Use this check list to assess your communication skills. Delegate Tasks to the Right Person SELECTING THE RIGHT PERSON: To whom should tasks be delegated? Selecting the right subordinate to do the work is an evaluative process, and managers must be able to identify individuals both capable and willing to handle responsibility. Motor Vehicle Policy and Your Employee Risks It is becoming more common for employers to require employees to use their personnel motor vehicles for business use. Reimbursement for business use is commonly by way of a kilometre/mileage allowance or a general motor vehicle allowance for the year. Management to the Vision-Contribution and the Role of Compliance As a manager our role is to: How to Manage Your People Well: Tips for Managers of Training As a training manager, there are two important aspects to managing your people well: hiring, supervising, and motivating (managing with your people) and building up corporate support for your department (managing for your people). Unfortunately, training is not well understood by some executives, and its benefits can be hard to assess. Even a good training manager's department risks cuts by cost-conscious administrators convinced that training is an unnecessary expense. In The Secret of My Success, a cinematic fairy tale about life in corporate America, Michael J. Fox gets scolded his first day on the job for speaking to a senior executive: "Never consort with a suit unless the suit consorts with you first." As a training manager, however, you had better be prepared to consort with "the suits" from Day One. Managing for your people is a pro-active strategy that constantly demands selling your department's services and widening the base of organizational support for the training function. Will a Workplace Bully Bankrupt Your Company? Safeguard Your Company Against Harrassment Claims If You Build It, Investors Will Come When you begin to write your business plan or a section within it, you probably ask yourself, "What should I talk about? What key points should I bring out that are important to potential investors?" Six Sigma Training 101 ? Better Management Basics What is Six Sigma?
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