Job Performance and Rewards
Sometimes it's very challenging to determine if an employee has met established goals, particularly if that individual is part of a larger team. And it can be especially challenging to appropriately reward individual job performance within the conte...
Job Descriptions
It's important that those seeking to fill a position are in clear agreement as to what the job is about. Job descriptions and specifications become the basis for determining which applicants best fit the needs of the organization.
Unethical Behavior
People sometimes fail to consider the moral or ethical dimensions of behavior because they assume any action that doesn't violate the law is acceptable. While legal statutes are codified and enforceable by the judicial system, ethics principles are ...
Types of Risk
This clip introduces the concept of business risk and risk management. It notes that business risks can generally be classified into four categories: property, market, employee, and customer.
United States Small Business Administration, The
This clip explains that the United States Small Business Administration (SBA) is a source of information about the sometimes confusing welter of laws and regulations that apply to business. The SBA can also help entrepreneurs understand the intricac...
Production and Operations Case Study: Rutherford Hill Winery
Rutherford Hill Winery is located in California's Napa Valley, one of the most prolific winegrowing regions in the world. Efficient production and operations at a winery like Rutherford Hill requires skillful management that includes: carefully anal...
Productivity Case Study: Domaine Chandon
For wineries like Domaine Chandon, making sparkling wine requires an enormous investment in everything from vineyards to corks. What makes the investment even riskier is that it takes several years for sparkling wine to mature. And the pursuit of pr...
Strategic Planning
Strategic planning, which often involves looking three to five years into the future, is critical if an organization is to take advantage of opportunities when they arise.
Human Resources Case Study: Four Seasons Hotel
As anyone connected with the Four Seasons Hotel operation will attest, there is nothing casual about the Four Seasons' employment process. It is thorough and in-depth. The goal is to find employees who not only have the technical skills to do the jo...
Human Resources and Planning
The notion that an organization's human resources are vital assets that should be included in each aspect of strategic planning sounds logical and obvious. But, in reality, the idea of integrating human resources into the fabric of strategic plannin...