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.
Different Leadership Styles
Different leadership styles are effective in different situations. Often, an effective leader is someone who has a vision that seems to bring everything into focus, and is able to inspire other people to action.
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, ..
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.
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 f..
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 qu..
Eliminating or Minimizing Risk
This clip talks about ways to eliminate or minimize potential risks, such as buying an existing business or buying into a franchise. Sometimes, the clip explains, the best way to reduce risk is simply by using common sen..
Employee Involvement and Empowerment
As many companies increasingly recognize the value of employee involvement, the number of programs designed to encourage this involvement has steadily grown.
Employee Morale Case Study: Solectron
Companies like Solectron (which has been acquired by another company) often utilize a number of systems, including teamwork and frequent meetings between managers and employees, to encourage employees to contribute their..
Employee Morale and the Auto Industry
During the 1960's and 70's, Japanese auto companies developed a new approach to managing their workers. They placed the workers on teams and gave them significantly more autonomy than ever before. This led to higher mora..