Defining and Calculating Productivity
An accurate measure of productivity can be a useful tool in defining problems and deciding where to direct resources and energy. There are many ways to calculate productivity, but almost all begin with a simple formula: productivity is output per un...
Subject: worker
Transcript: AS OUTPUT AND THE INPUTS WOULD BE THE WORKERS, IN OTHER WORDS THE AMOUNT OF LABOR THAT IS NEEDED BY THIS PLANT. THE AMOUNT OF CAPITAL OR EQUIPMENT THAT
Effective Financial Management
If a company is to remain healthy and grow to realize its full potential, financial controls must be applied in an intelligent and timely manner. Management must examine the information provided by the various forms of financial control and adjust t...
Subject: worker
Elements of Leadership
Of all the factors that can bring an organization to life and turn an assemblage of individuals into a dynamic team, leadership has to be near the top of the list. But what exactly is leadership? Is it just some vague quality that emanates from with...
Subject: worker
Divisional Structure
One type of organizational structure, known as divisional structure, tends to encourage decentralization of authority. It can be organized around products, geography or types of customers.
Subject: worker
Developing Goals, Objectives and Strategies
An organization's mission is the foundation upon which planning relies. After analyzing the future environment that is anticipated, both within and outside the organization, specific goals, objectives and strategies can be developed.
Subject: worker
Diversity
One of the major challenges facing managers today is the increasing diversity of the workforce. For those who are willing and able to meet this challenge, the result is often a more flexible and innovative organization, one that is better able to co...
Subject: worker
Quality Control Revolution, The
In recent decades, the concept of control, especially quality control, has been undergoing a revolution of sorts. To some extent this has been driven by innovative organizational and management techniques first utilized within Japanese industry. In ...
Subject: worker
Productivity and Quality
very different attitudes about the role of workers. American managers today are much less likely to view workers as cogs in a machine, and much more apt
Subject: workers
Transcript: LOSER? WANT TO WORK WITH A LOSER? MUCH BETTER WORK WITH A WINNER. NARRATOR: AND IN CONTRAST TO MANAGEMENT APPROACHES THAT TREAT WORKERS LIKE COGS IN A
Ratios
Ratios express the relationship between two numbers and can be used in two ways: to compare the past and present performance of the company itself, and to compare the company's performance with that of its competitors. Ratio analysis is an especiall...
Subject: worker
Pushing Decision Making Down Through An Organization
There are several reasons for pushing decision making down through an organization. Often those at lower levels have more knowledge about the customer or product. Putting more decisions into the hands of lower level employees can also boost morale a...
Subject: worker