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Management Diary
The Ultimate Reference For Managers And Wannabe's
Innovation Management ? some ideas are better than others
Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, development and commercialisation. There are distinct processes that enhance problem identification and idea generation and, similarly, distinct processes that enhance idea selection, development and commercialisation.
5 Steps to Continuous Process Improvement
Part One of Creating Well-Defined Processes Series What if your sales increased from $100,000 to $110,000 per day and your profit increased from $10,000 to $11,000 - did you improve by 10%? The answer might shock you...
Follow Up: It Makes A Difference
A while back the headlight switch on our minivan quit working, so early one Saturday morning we took it to the neighborhood repair shop that has been mailing postcards to us the past three years. They said it would take 90 minutes to check things out.
New Job, New Culture: Do You Fit In?
It seemed like a good decision at the time. A 10-percent raise, an easier commute and a chance to move up the corporate ladder.
Behavioral Extensions and Its Implications at Workplaces
The study of Behavioral extension involves investigating the source of an actual demonstrated behavioral action. According to Behavioral Extension belief, no action can be seen as a disconnected expression.
Forecasting Support Costs
Did you know that maintenance accounts for 50% to 80% of the overall product cost? Well, it does! And while most project managers are fairly good at sizing new product features, many are terrible at estimating the effort required to support a product once it becomes generally available. As a result, maintenance projects are inadequately staffed, companies can't respond to customer requests in a timely manner, and products never reach payback.
In Leadership, The Critical Convergence Drives Great Results
The Leader's Fallacy lives! We subscribe to the Fallacy when we believe our enthusiasm over a particular leadership challenge is automatically reciprocated by the people we lead. If ignorance is bliss then leaders going around blithely adhering to the Leader's Fallacy have cornered the market on happiness.
The High Cost of Employee Turnover Among Project Managers
Imagine for a moment this scenario from a frustrated Senior Manager of a large pharmaceutical organization: "Our organization has experienced a large turnover among project managers in the past year. This creates problems providing ongoing quality and service to our stakeholders.
Human Resources: The Misidentified Subject
Interest in the field of human resources has exploded in recent years due to the promises it offers for a better understanding of human beings at work. The term is now as ubiquitous as it has once been obscure.
Dont Hire Squirrels to be Your Top Dogs
Bad hiring decisions cost organizations, both in dollars and lost opportunities. But getting the right people in the right places doing the right thing is not easy.
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MORE RESOURCES:
Board Extends Deadline for Everglades Deal - New York Times (blog) Tenet Management to Speak at Barclays Capital 2010 Global Healthcare Conference - MarketWatch (press release) Lions Gate: Icahn's Bid To Raise Stake Is Inadequate, - Wall Street Journal International Bancshares Corporation Announces Cash Dividend, Extension of ... - MarketWatch (press release) Schwab Reports Monthly Activity Highlights - MarketWatch (press release) Bank of Florida Corp. Commences Public Offering - MarketWatch (press release) Sy Harding is president of Asset Management Research Corp., editor of the free ... - Forbes (blog) Big Board Questions Black & Decker - Wall Street Journal Furmanite Corporation Announces Conference Call to Discuss Year Ended December ... - MarketWatch (press release) National Association of Corporate Directors New England Chapter Announces 2010 ... - MarketWatch (press release)
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