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Management Information |
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Management Information
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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. Offshore This! (Outsourcing Tech Support Overseas) So I call my telephone company and someone picks up 15,000 miles away. I asked the rep where she's from. Cross Cultural Solutions for International Business Globalisation, the expansion of intercontinental trade, technological advances and the increase in the number of companies dealing on the international stage have brought about a dramatic change in the frequency, context and means by which people from different cultural backgrounds interact.Cross cultural solutions to international business demands are increasingly being viewed as a valid and necessary method in enhancing communication and interaction in and between companies, between companies and customers and between colleagues. Difficult Employees-Poor Performance - 10 Tips for Dealing with it in the Workplace I personally struggle with the term 'managing people' - because I firmly believe that people cannot be managed - only processes and systems can. How many times have you heard it said - "Why won't my employees just do as they are asked?"Despite all our best efforts at 'managing', we have very little control over other people's actions, including the people that work with or for us. Strategic Outsourcing: Testing the Outsourcing Waters and Staying Afloat Before Gertrude Ederle began her historic swim off of Cape Griz-Nez, France, she underwent extensive training for endurance and technique-even though she was already an accomplished record-breaking swimmer with Olympic medals to her name. Outsourcing IT may not garner the same attention as being the first woman to swim the English Channel, but it is no less important to gather as much experience and knowledge as possible on a small scale before diving in for the big swim. How Businesses Can Stop Wallowing in Bad Debt and Prevent It in the Future "Become the Squeaky Wheel", a new book just published, explains that getting customers involves more than advertising. Michelle Dunn presents examples of credit procedures and policies to help creditors or business owners collect bad debt and prevent it in the future. What is the Most Difficult Part of an Improvement Program? Answer: Starting one.Most of us realize that there is probably a better way to perform certain functions or tasks, but improvement programs seem to take second seat to getting the product out the door. Basic Management Skills Recent studies have shown that industrial supervisors are working at less than 60 % of their potential. Basic management skills training is guaranteed to change all this and at such little costManager in contextMost of my adult life has been spent working as a supervisor or manager on industrial projects throughout the world. Effective Meetings - Quick Survey Here's an easy quiz to check the health of your meetings.1) Who leads your meetings? a) No one, b) Everyone, c) A facilitator2) What happens to the ideas in your meetings? a) If we had to think of ideas, it would be work, b) We make fun of them, c) A scribe writes them on a chart pad3) Are results obtained in your meetings? a) We eat all the donuts, b) And we drink all of the coffee, c) Yes!4) Do your meetings have an agenda? a) Is that some kind of cabinet?, b) I saw one once in an article, c) Yes!5) Who attends your meetings? a) We have bleachers to hold the spectators, b) The entire staff plus any homeless people in the neighborhood, c) Only those who can contribute6) How long are your meetings? a) I'll let you know when this one ends, b) All day, c) An hour or less7) During a meeting do you: a) Break a foam cup into bits, b) Prepare for the next meeting, c) Focus on the topic8) How soon after the meeting do you issue minutes? a) If you think I want to publicize how much time we wasted, you're nuts, b) Within a few months or so, c) As soon as possible, if not faster9) While someone is speaking, do you: a) Wonder about the strength of plastic foams, b) Plan a way to change the subject, c) Listen empathetically10) What structured activities do you use in your meetings? a) We sit on chairs, b) Everyone leaves at the same time, c) Process tools designed to gather information, make decisions, and manage participation. Preparing a Budget Ok, you say, I know I need a budget, but how do I prepare one? The most common budget period is one year, but this can vary depending on whether or not your business has seasonal or cyclical fluctuations. For example if you run a Christmas decorations shop, or a costume shop your business is going to peak during certain times of the year. Employee Success! - 7 Ways Feedback Works By sharing how well you are doing and how well your expectations are met, your people get to understand better. So, frequent, realistic, objective feedback is not seen as criticism, more a way of each in your team helping each other get better, building on the success you already have. Change and Performance - Training May Not Be The Answer Introducing new products or services, bringing new people on board, developing a new process or procedure, installing new equipment, change seems to be the one constant in business today and change always seems to drive a need for training.In conducting training needs analysis at any level, we need to understand that training may not be the solution, at least not the whole solution. Turning a Negative Employee Into a Positive Asset Several years ago, I took over the supervision of a section in a Public Agency. I was a newbie in management, enthusiastic, and excited about the opportunity that lay before me. Feedback - Make it Descriptive Have you ever heard yourself say to a team member - "You're really great" - "You're a star" - I think you're brilliant" - "You're doing a great job!"It's got to be a plus point that you're giving Confirming Feedback and there's nothing intrinsically wrong with any of the statements above; however, they could be better. There is also the danger that these statements could come across as a bit patronising. Performance Evaluation: How To Create Change STEPS TOWARDS GIVING A GOOD APPRAISAL INTERVIEW: Give specific feedback. Statements such as, "You're doing a good job" and "You'd better shape up" are almost without value unless accompanied by specific feedback on what the employee is to continue doing or to stop doing. Paretos Law- Your Formula For Success A 'dirt-world' retail business I used to manage had a large turnover, a very high profit, and less than 100 lines. Early in 2001, I was contracted to manage another business. Tales from the Corporate Frontlines: The Organizational Structure of Our Growing Business This article relates to the organizational structure competency, commonly evaluated in employee satisfaction surveys. It shows how structural concerns can affect the typical employee workday, as well as feelings towards your organization's management hierarchy and reporting structure. Supervisor-Employee Relations: Tips For Managers Supervisor-employee relations are a critical part of a work place atmosphere and promoting productivity and cohesiveness. The following tips address these issues:1. 10 Critical Questions to Ask Before Hiring a Consultant Talk to as many consultants as you can before hiring one. Even if you have one person or firm in mind, interview at least a few others as a sort of due diligence. Document management : A dream of paperless office What is document management: When we think about "Document Management" we usually see a picture of paperless office. It is not an easy task to make an office paperless due to several existing problems based on Industrial needs.
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