Improving New Employee Orientation
Ideally, employee orientation not only provides a profile of what the company and its policies are all about, but a blueprint of expectations for new employees, as well as an indication of their importance to the organization.
Income Statements
Along with balance sheets, income statements are an integral part of financial analysis, which is a means of determining the financial condition of an organization.
Compensation, Performance and Commitment
The changing nature of the workforce and the competitive business environment both influence the kinds of compensation plans companies offer their employees. Whatever compensation approach is used, the pay and benefits package generally reflects bot...
Management Revolution, The
While the five management functions continue to be as important as ever, sweeping changes in the business environment threaten many of the basic assumptions and practices that have characterized management over the years.
Developing a Business Strategy
Once an organization has amassed adequate knowledge and understanding of both itself and the environment in which it operates, it can begin to focus on specific strategic options.
Management's Five Basic Functions
It would be no exaggeration to say that society cannot function without organizations. And, equally important, organizations cannot function without those individuals, known as managers, whose job it is to direct the activity of others. In broad ter...
Sales Forecasting
The accuracy of forecasting affects every aspect of the planning process. Perhaps the most critical part of forecasting is the sales forecast.
Strategic Planning Case Study: Fluor Corporation, The
The Fluor Corporation was for years one of the largest engineering and construction companies in the world, employing close to forty thousand people. But by the mid 1980s, faced with crippling financial losses, the Fluor management team knew the tim...
Matrix Structure
One type of organizational structure, known as matrix structure, involves an overlay of two different forms of structure. It temporarily groups together specialists from different functional departments or divisions to work on special project or pro...
Managing Organizational Conflict Case Study: CNN
The ongoing fact of life at CNN is that an enormous amount of news has to be gathered and prepared for broadcast quickly on a daily basis. Conflicts sometimes develop because of the tremendous pressure that can arise in that kind of environment. But...