This clip talks about the need for entrepreneurs to refine their leadership skills. This involves not only motivating and directing employees, but listening to their needs and instilling a sense of teamwork and shared commitment.
This clip looks at leading, the fourth of the five management functions. In some instances, the small business owner may find it difficult to play this role, because the same self-reliance that allows an entrepreneur to create a new venture sometime...
This clip talks about the long hours and personal sacrifice that are often part of running a small business. It's not uncommon for the business owner to miss important family events because the demands of the business are so great.
Some believe that managers need to be provided with a corporate code of ethics that might serve as a kind of road map in the face of difficult choices. But it would still be incumbent upon the manager to find out the facts in a given situation and t...
In any organization, the style of supervision can have a tremendous impact on morale. An autocratic, punitive management style tends to cause many employees to simply do what they're told, often with great resentment. A more participative management...
While there is a wide range of general skills required of nearly all managers, there are some differences in emphasis from one level of management to another, from supervisory or operating level managers up through senior, top level managers.
This clip talks about the importance of managing cash flow, noting that the cash requirements of any company are constantly changing and that sales mean nothing without the ability to collect cash.
Regardless of their level within an organization, managers virtually without exception find their jobs to be a uniquely challenging mix of the frustrating and the rewarding. Unlike the popular image of the manager as someone who spends his or her ti...
This clip introduces the five major management functions: planning, organizing, staffing, leading, and controlling. It notes that the challenge for small business owners is to avoid what is sometimes called "entrepreneur's disease": the inability to...
This clip notes that one of the greatest challenges in operating a small business is maintaining one's ethical moorings while, at the same time, performing essential business functions, such as promoting, advertising, paying taxes and dealing with e...