Management Diary
The Ultimate Reference For Managers And Wannabe's
Apple Inc. - A Case Study In Innovation - Part 2
This is the second part of the continuing story of innovation at Apple...Then came Apple with the IPOD. Hence came the amazing ability to store and play back digital
music, in a compact, portable device. So what's special about this compared to other portable music players -
Look Good on Voice Mail
Your use of voice mail tells others a lot about you. Here's how to make a good impression.
Don?t Forget Where You Came from - Why the Past is Important in Implementing Business Change
Much of the literature and advice on implementing business change focuses on knowing where you are going and making sure that you understand and communicate a consistent vision of the future. Indeed, I have looked at the importance of this in an earlier article in this series.
Give Yourself a Boss? Day Gift
Become a better boss and reap the benefits Another interesting study was done. One that should really catch our attention.
Guidelines For Conducting A Good Meeting
Okay, so you've figured out what kind of meeting is needed, you've planned well and you have all the right materials. How about the meeting itself? How can you be sure the meeting you've so carefully planned and prepared actually comes off as expected? The checklist below can help you through the process.
Tap Employee Passion For Business Success
Meriwether Lewis set the stage for the Corps of Discovery's success before one single "employee" had been hired. From the outset Lewis and Clark engendered a communications culture that brought in the right prospects, then kept morale high and increased the productivity of those eventually hired.
Nine Vital Lessons For Avoiding Training Fads That Waste Time, Money and Enthusiasm
Unfortunately, at least two thirds of much of the training and development effort undertaken by organisations to develop their people is wasted. This is such as shame isn't it? Waste of money is bad enough but even more serious is the waste of human energy and enthusiasm.
You Cant Afford the Luxury of Disengaged Employees
In today's business environment with increases in staff reductions and rapidly changing roles and responsibilities, it is crucial that all of your team members be fully engaged in the tasks at hand. According to a Gallup survey, 350 billion dollars are lost each year in American companies due to disengaged employees.
The Red Phone - Management Consulting in 30 Seconds or Less
Modern business faces complex problems; management often calls upon highly-specialized consultants to help them address these difficult problems. If you're ever called to help identify these most pressing issues, one of the easiest and quickest ways to start is to talk about the 'Red Phone'.
How to Get the Best from Outsourcing
There's a great little article on outsourcing.
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CA-BUSINESS Summary
TSX dips on stimulus fears, sluggish data TORONTO (Reuters) - Canada's main stock index dipped on Thursday as fears the U.S. Federal Reserve will dial back its bond-buying program and pessimism following sluggish economic data from China and Europe fueled declines in all major sectors. Weakness in Toronto-Dominion Bank further weighed on the market after the country's No. 2 lender reported earnings slightly below expectations. Google faces new federal antitrust probe: source WASHINGTON (Reuters) - U.S. ...
Burundi Q1 trade deficit widens to $197.3 million
BUJUMBURA (Reuters) - Burundi's trade deficit widened to $197.3 million in the first quarter from $131.4 million in the same period of 2012 as imports rose sharply, the central bank said on Friday. Export revenues nudged 1.4 percent higher, to $33.4 million, while import costs surged 43.3 percent to $218.9 million. Dependence on imports and a weak currency are seen as the main economic weaknesses for the central African country of more than 8 million people. ...
UK may be three quarters of the way through debt purge - Fisher
 CARDIFF (Reuters) - Britain may be as much as three quarters of the way through the process of working off the high debt levels which have weighed on the economy since the financial crisis, a top Bank of England policymaker said on Friday. Paul Fisher, one of nine members of the bank's rate-setting committee, said growth would remain weak while Britain's households, public sector, banks and other companies sought to get themselves back to financial health. ...
Report: France backs off caps on CEO pay
PARIS (AP) ? France's finance minister says the government is no longer planning to cap executives' salaries in the private sector, amid concerns it is antagonizing the big businesses needed to reinvigorate the economy.
German business confidence unexpectedly rebounds
BERLIN (AP) ? German business confidence rebounded this month in an unexpectedly strong showing that sends a hopeful signal for more robust growth in Europe's biggest economy, a closely watched survey found Friday.
German Q2 GDP growth to outpace first quarter considerably - Ifo economist
MUNICH (Reuters) - German economic growth is expected to increase considerably in the second quarter thanks in part to an "immense" pick-up in construction activity, Ifo economist Klaus Wohlrabe told Reuters on Friday. He added that the recent 25 basis point interest rate cut by the European Central Bank to a historic low of 0.50 percent has had only a psychological effect in Germany, if at all. Earlier, the Munich-based Ifo think tank's business climate index for May improved to 105.7 from 104. ...
Market turbulence poses first serious test for Abenomics
 By William Mallard TOKYO (Reuters) - This week's turbulence in Tokyo markets exposes a key risk of Prime Minister Shinzo Abe's all-in strategy to revive Japan's economy - if investor confidence falters, the government and the Bank of Japan may be left with few options to turn the tide. On Friday, the Nikkei share average had another tumultuous session, traversing a 7.1 percent range between positive and negative territory before ending up 0.9 percent. The violent moves kept investors on edge after a 7. ...
Volatile Nikkei keeps Asian stocks on edge
 By Ian Chua SYDNEY (Reuters) - Asian stocks fell to one-month lows on Friday and the yen rebounded broadly as extreme volatility in the Nikkei kept investors on edge. The Nikkei has soared nearly 70 percent since November, off the back of aggressive fiscal and monetary policies to revive the economy, leaving the market susceptible to profit taking. It fell more than 7 percent on Thursday after Chinese data raised doubts about the health of the global economy, but it found support on Friday from investors looking for bargains. ...
Oil prices set for biggest weekly drop since mid-April
 By Florence Tan SINGAPORE (Reuters) - Crude futures are set to post their biggest weekly loss in five weeks, with Brent edging down toward $102 per barrel on Friday, as ample supply and a slow global economic recovery fuelled worries that demand for oil would be hit. Crude inventories in the United States are near record levels as the world's top oil consumer produced more from shale, while shrinking factory activity in China capped fuel demand growth at the world's No.2 user. Improved U.S. ...
Private consumption helps German economy to meager growth
 By Sarah Marsh BERLIN (Reuters) - Robust private consumption helped Germany eke out meager growth in the first quarter, compensating for declines in both exports and investment, and is likely to remain a pillar of support for Europe's largest economy this year. Germany's gross domestic product (GDP) rose by 0.1 percent on the quarter and shrank by 1.4 percent on the year, final seasonally adjusted data from the Statistics Office confirmed. Private consumption added 0.4 percentage points to GDP, while gross capital investment deducted 0.3 points. Foreign trade added 0. ...
S.African rand steadies but could resume weakness
 JOHANNESBURG (Reuters) - South Africa's rand was largely steady against the dollar on Friday after snapping a 10-day losing streak overnight although potential for further weakness remains as the prospect of strikes hangs over the economy. The rand was at 9.5250 to the dollar at 0706 GMT, little-changed from Thursday's close at 9.5351. The currency recouped some of its recent heavy losses on Thursday after the central bank kept interest rates on hold and said the market would be ahead of itself if it automatically priced in a rate cut soon. ...
Japan's PM Abe defends policies as markets settle
 TOKYO (AP) ? Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets, a day after Tokyo shares suffered their worst loss since the 2011 tsunami disaster.
Survey: German consumer confidence rises strongly
BERLIN (AP) ? A survey is showing a significant rise in German consumer confidence as people's expectations for the economy and for their own income improve.
Asia stock markets edge up after big sell-off
 BANGKOK (AP) ? Asian stock markets staged a mild recovery Friday, a day after being routed by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus.
ECB's Draghi: 'Imperative' to set up new bank body
FRANKFURT, Germany (AP) ? European Central Bank President Mario Draghi said it was "imperative" that Europe's leaders create a new agency with powers to restructure busted banks in order to help the region leave its economic and financial crisis behind it once and for all.
ECB official: New bank authority 'indispensable'
FRANKFURT, Germany (AP) ? European Central Bank President Mario Draghi said it was "imperative" that Europe's leaders create a new agency with powers to restructure busted banks in order to help the region leave its economic and financial crisis behind it once and for all.
TSX dips on stimulus fears, sluggish data
 By John Tilak TORONTO (Reuters) - Canada's main stock index dipped on Thursday as fears the U.S. Federal Reserve will dial back its bond-buying program and pessimism following sluggish economic data from China and Europe fueled declines in all major sectors. Weakness in Toronto-Dominion Bank further weighed on the market after the country's No. 2 lender reported earnings slightly below expectations. Investors were nervous after Fed Chairman Ben Bernanke told Congress on Wednesday that a decision to scale back massive bond buying each month could come at one of the U.S. ...
Oil tracks gains in stocks, erases early losses
NEW YORK (AP) ? An afternoon recovery in U.S. stock markets helped oil reverse early losses Thursday.
Between economy and trouble, Obama approval steady
 WASHINGTON (AP) ? The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way.
Crisis forces Italy's La Scala to cut back on productions
 MILAN (Reuters) - Italy's opera house La Scala will scale back on productions in the 2013-2014 season because of the economic crisis and lower state support, its general manager said on Thursday. Stephane Lissner told reporters the Milan theatre will reduce the number of operas to 10 instead of the usual 13 due to a decline in revenues. They will include three by Giuseppe Verdi to celebrate the 200th birthday of the composer, born in 1813. Verdi's "La Traviata" will open the season on December 7, conducted by Daniele Gatti. ...
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