Los Angeles Music Center: Planning for the Future
Once the plans of each of the Los Angeles Music Center's resident companies are formulated, they are brought to the Music Center's finance committee for review. Then, in order to accomplish the goals they have established, the Music Center and its r...
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...
Los Angeles Music Center: Beginnings
1964 marked the opening of the Los Angeles Music Center, a performing arts complex that provides world-class music, theater and dance to the Southern California community.
Los Angeles Music Center: Changing Plans
Seizing opportunity is critical for all organizations, but it can be a tricky proposition unless there are clearly defined goals in place. Gordon Davidson and his staff at the Los Angeles Music Center faced just such a challenging opportunity severa...
Making Connections
Prospecting is the method by which salespeople can identify potential customers; a process which requires planning.
Managerial Skills and Functions
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.
Managerial Challenges
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...
Managing a Small Business
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...