Importance of Time in Decision Making Decision making is one of the most important functions of the management in an organization. Decisions are the essence of management since they have a high impact on all the organizational plans of activities and results. Decision making involves a choice between alternatives. It is the ability to react …
Read MoreEight Disciplines Problem Solving Process There are four levels of problems which are generally encountered in an organization. These consist of (i) simple problems which can be solved by an individual, (ii) simple problems for which the answers are known (these can be termed as more like a task than a problem solving effort), (iii) …
Read MoreManager Employees Relationship Managers and employees are important for an organization since both of them play a crucial role for the efficient performance of the organization and hence, the relationship between them carries a lot of significance for the achievement of the goal and objectives of the organization. The relationship between managers and employees sets …
Read MoreBrand Ambassadors and their role in Brand Management The word ‘brand’ derives from the practice of branding. The definition of the brand has changed quite dramatically over the course of time. As per the American Marketing Association (AMA) ‘brands are a name, sign, symbol, design or a combination of them that are intended to identify …
Read MoreSteps for Effective Reduction in Product Cost In the present day competitive environment, every organization is to produce its products in a cost effective manner in order to remain competitive in the market. It is necessary for the organization to manage the cost of manufacturing the product. Cost management is one of the functions of …
Read MoreEmployee Productivity and its Influencing Factors Organizational performance is a sign of the capacity of the organization for pursuing efficiently its goal and objectives. In this regards, one of the elements which is assessable is the employees’ performance through the level of their productivity. In fact, employee productivity is one of the determining factors for …
Read MoreFactors affecting Motivation of Employees In the present day competitive environment, every organization is to strive on a continuous basis for success. Managements of successful organizations are aware that employees play a very important role towards the success of the organization and hence they always work for employees to be satisfied and motivated. Motivated employees …
Read MoreSafety at Workplace and its Management Safety generally means protection of a worker from physical hazards. When an accident happens, production slows down and the worker can get injured and the injury can make the worker incapable to work, at least for a while. Hence a safe workplace environment is an essential condition for the …
Read MoreCareer Planning Management of the Employees Career planning is a process of systematically approach followed by the organizational management for the matching of the career goals and individual capabilities of the employees with opportunities for their fulfillment. It is the process of enhancing the employees’ future value. Career planning is carried out for developing the …
Read MoreBusiness Process Management Organizations of the olden days used to operate in the local marketplace which has now changed to a dynamic global marketplace, and hence, the business trends of today demand a continuing evolution of business processes and their management. In addition, to face the periods of business cycle slowdowns require the organizations to …
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