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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.

Management Diary Articles - See index below:
2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | 100 | 101 | 102 | 103 | 104 | 105 | 106 | 107 | 108 | 109 | 110 | 111 | 112 | 113 | 114 | 115 | 116 | 117 | 118 | 119 | 120 | 121 | 122 | 123 | 124 | 125 | 126 | 127 | 128 |



MORE RESOURCES:

Bond funds stock up on Treasuries in prep for market shock

Traders work on the floor of the New York Stock ExchangeBy Tim McLaughlin BOSTON (Reuters) - U.S. corporate bond funds this year are adding Treasuries to their holdings at more than twice the rate of corporate debt amid concern that the struggling European economy and potential changes in Federal Reserve policy will drag down profits at U.S. corporations. Through September, corporate bond portfolios boosted their holdings of U.S. government debt by 15 percent, compared with a 6.5 percent increase in corporate bonds during the same period, according to Lipper Inc data. The funds now hold about $13 billion in Treasuries, 15 percent more than the $11. ...



Asia shares slip on profit-taking

Workers load goods in a port in Lianyungang, east China's Jiangsu province on July 1, 2014. Chinese manufacturing picked up slightly in SeptemberAsian markets slipped on profit-taking Thursday following the previous day's hefty gains but losses were limited after a closely watched indicator showed a slight pick-up in Chinese manufacturing activity. The dollar edged up following a surprising rise in US inflation while the euro faced fresh selling pressure owing to speculation that the European Central Bank will widen its bond-buying programme to boost the eurozone economy.



Support group of Japan's new trade minister spent funds at S&M bar

Japan's newly-appointed Economy, Trade and Industry Minister Miyazawa speaks during a news conference at his ministry in TokyoTOKYO (Reuters) - Japan's new trade minister, installed this week to replace a minister caught in a funding scandal, said on Thursday a political support group of his spent money at a racy bar, a potential new headache for Prime Minister Shinzo Abe. Yoichi Miyazawa, 64, head of the Ministry of Economy, Trade and Industry, said he learned from a news report of the 18,230 yen ($170) that the support group spent at the sadomasochism-themed bar in his political district of Hiroshima. "It is true such expenses were made," Miyazawa told reporters. "But I myself did not go there at all. ...



Spanish banks should do well in ECB stress tests: De Guindos
MADRID (Reuters) - Spanish Economy Minister Luis de Guindos said on Wednesday he was confident Spanish lenders would do well in the European Central Bank's banking health checks, the results of which will be made public on Sunday. "We can be confident that ... Spanish banks will obtain good results in the tests which the ECB has carried out before becoming the sole supervisor (of euro zone banks)," De Guindos said in a speech at a conference in Madrid. ...
Popular Mexican musician shot dead in cartel-riddled northwest
MEXICO CITY (Reuters) - A member of Banda el Recodo, a traditional Mexican band also popular in the United States, was found dead from a gunshot to the neck on Wednesday in the northwestern Mexican resort city of Mazatlan, the group and local authorities said. Aldo Sarabia, who played the tuba in the group, was reported missing last week. It was the latest in a string of killings and suspected massacres in Mexico in recent weeks and months that have cast a shadow over President Enrique Pena Nieto's drive to focus public attention on economic reforms rather than grisly violence. ...
APEC finance chiefs see 'downside risks' to global economy

Chinese Vice Premier Zhang Gaoli (L) speaks during the opening ceremony of the Asia-Pacific Economic Cooperation (APEC) Finance Ministers's Meeting in Beijing on October 22, 2014The global economy is beset by increasing "downside risks", Asia-Pacific finance chiefs said Wednesday, a day after growth in China hit a five-year low.



EU nations threaten to block green energy rules at summit talks

Smoke billows from the chimneys of Belchatow Power StationBy Barbara Lewis BRUSSELS (Reuters) - EU leaders face a long day on Thursday as they seek to agree on a new decade of climate and energy policy at a summit in Brussels, with nations from Poland to Portugal threatening to block a deal. If the European Union can manage an accord, including a more ambitious greenhouse gas cut, it will be the first major economic bloc to set an emissions target for 2030 and would set the tone ahead of United Nations talks next year in Paris on a global pact to manage climate change. ...



European markets rise on talk of central bank action

Stock traders work at the stock exchange in FrankfurtLondon (AFP) - Europe's main stock markets pushed upwards, helped by speculation that central banks may take further stimulation measures and put off rate hikes to support global economic growth.



Catalans: independence drive will intensify unless Madrid negotiates

Catalan pro-independence demonstrators gather at Catalunya square during a rally in BarcelonaBy Mike Peacock LONDON (Reuters) - After scuppering a referendum, Spain risks intensifying Catalonia's push for independence unless it negotiates over transferring more powers, the region's economy minister said. Spain's government asked the constitutional court last month to declare a referendum planned for Nov. 9 illegal on the grounds it breached the constitution. The court suspended the vote until it ruled on the case, which could take years. ...



South Africa sees bigger budget shortfall as growth slows

South African Finance Minister Nhlanhla Nene takes part in a discussion during the World Bank/IMF Annual Meeting in WashingtonBy Stella Mapenzauswa CAPE TOWN (Reuters) - South Africa's economic growth will be slower and its budget deficit bigger this year than forecast, the finance ministry said on Wednesday, vowing to keep a tight grip on spending to stop the country's credit rating slipping to junk. In his first policy statement since being appointed in May, Finance Minister Nhlanhla Nene warned that Africa's most advanced economy was not making sufficient progress to reduce poverty and create jobs, deepening inequality. ...



South Africa's Northam seals $600 mln black empowerment deal
By Zandi Shabalala JOHANNESBURG (Reuters) - South Africa's Northam Platinum has sealed a $600 million deal that will increase its black ownership to over a third and inject 4.6 billion rand ($420) in cash to fund growth and potential acquisitions. South African companies are required to reach at least 26 percent black ownership this year under the government's policy of black economic empowerment, or "BEE", designed to address the inequalities of the apartheid system that ended in 1994. ...
Brazil's Rousseff pulls ahead of Neves as election nears

Brazil's President and Workers' Party (PT) presidential candidate Rousseff takes part in a TV debate in Sao PauloBy Anthony Boadle BRASILIA (Reuters) - Brazilian President Dilma Rousseff pulled ahead of opposition candidate Aecio Neves in another poll on Wednesday and looks like a slight favorite heading into what is expected to be the country's tightest election in decades. The Datafolha poll was the fourth in three days to show Rousseff approaching Sunday's runoff vote with a slight edge over Neves, who had stirred investor enthusiasm by promising business-friendly policies to revive a sluggish economy. ...



Canadian retail sales unexpectedly drop 0.3 percent

People shop inside at the Hudson's Bay Company (HBC) flagship department store in TorontoBy David Ljunggren OTTAWA (Reuters) - Canadian retail sales dropped unexpectedly in August as consumers pulled back for the second straight month, heightening uncertainty about broader economic growth and weighing on the Canadian dollar. Retail sales dropped 0.3 percent in August, pulled down by lower gasoline prices and weaker sales of new cars, food, and housing-related items, Statistics Canada said on Wednesday. Analysts forecast sales would be unchanged from July. ...



Iran's Khamenei says oil reliance putting country at mercy of big powers
DUBAI (Reuters) - Iran's dependence on oil revenue is putting the Islamic Republic's economy at the mercy of major powers, Supreme Leader Ayatollah Ali Khamenei said on Wednesday. With oil losing a quarter of its value since June, President Hassan Rouhani's administration has been scrambling for alternative sources of income. Iran's budget is based on oil priced at around $100 a barrel while Brent crude is currently below $87. Hitting prices is abundant supply as well as concern that slowing economic growth in Europe and China will soften demand. ...
South African govt boosts power utility Eskom with 20 bln rand cash

A man walks past electricity pylons as he returns from work in Soweto, outside JohannesburgBy Wendell Roelf CAPE TOWN (Reuters) - South Africa will inject 20 billion rand ($1.82 billion) cash into struggling power utility Eskom, and may also convert its existing 60 billion rand subordinated loan to equity, the National Treasury said on Wednesday. The moves highlight the gravity of the situation facing Eskom, which provides virtually all of the power to Africa's most advanced economy but has massive funding issues as its costs are running way ahead of its revenues. ...



South Africa sees slightly wider 2014/15 budget deficit of 4.1 pct of GDP

South African Finance Minister Nhlanhla Nene takes part in a discussion during the World Bank/IMF Annual Meeting in WashingtonCAPE TOWN (Reuters) - South Africa expects a slightly wider budget deficit of 4.1 percent of GDP for 2014/15 from the 4 percent seen in February, but will rein in spending and raise taxes to get the gap down to 2.5 percent in three years, the Treasury said on Wednesday. In its medium term budget policy statement, which sets out spending plans and growth forecasts for the next three fiscal years, the Treasury said weak growth in Africa's most advanced economy had impacted tax revenue. "The budget deficit is high, debt levels have approached the limits of sustainability," it said. ...



South Africa cuts growth forecasts as strikes, power cuts weigh

South African Finance Minister Nhlanhla Nene takes part in a discussion during the World Bank/IMF Annual Meeting in WashingtonCAPE TOWN (Reuters) - South Africa slashed its 2014 growth expectations for the second time this year on Wednesday, with the Treasury forecasting expansion of just 1.4 percent as strikes, an electricity crunch and weak private investment take their toll. Africa's most advanced economy, which was recently overtaken by Nigeria as the largest, has been battered by waves of labour unrest that has hobbled output in the platinum mining and manufacturing sectors. ...



Asia needs policy coordination amid slower growth

U.S. Deputy Treasury Secretary Sarah Bloom Raskin, center, chats with her delegations as they arrive for the opening ceremony of the Asia-Pacific Economic Cooperation (APEC) finance ministers meeting at the Diaoyutai State Guesthouse in Beijing, China Wednesday, Oct. 22, 2014. (AP Photo/Andy Wong)BEIJING (AP) ? Asia-Pacific economies need to recalibrate financial policies in the face of slowing global growth, U.S. Deputy Treasury Secretary Sarah Bloom Raskin said Wednesday, following a meeting of regional financial officials to prepare for next month's Asia-Pacific Economic Cooperation forum.



France does the splits on EU economic governance

French Prime Minister Valls holds a dossier during the questions to the government session at the National Assembly in ParisBy Paul Taylor PARIS (Reuters) - France has long called for a European economic government to harmonise the bloc's policies, but it is baulking now at that governance being applied to its own fiscal indiscipline. After defying European Union rules by putting forward a budget far short of the deficit cuts promised to its peers, Paris reacted angrily to the prospect of having it sent back for redrafting by the European Commission, which polices the rules. "It is we who decide on the budget," Prime Minister Manuel Valls declared. "Nothing today can lead to ... ...



Namibia central bank leaves lending rate unchanged at 6 pct
JOHANNESBURG (Reuters) - Namibia's central bank left its key lending rate unchanged at 6 percent, saying the decision was supportive of the economy and that it was monitoring the effects of recent policy decisions. "Domestic growth prospects continued to be encouraging during the first eight months of 2014, while inflation declined," the Bank of Namibia said in a statement on Wednesday. "Risks however remain, including strong growth in household credit, especially when used to finance unproductive imported luxury goods."
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