Management Diary
The Ultimate Reference For Managers And Wannabe's
Deciding What to Delegate
DECIDING WHAT TO DELEGATE: Once the benefits of delegation are established and obstacles removed, the next step in the delegation process is to decide what work can and should be delegated. In general, work to be delegated should adhere to the following guidelines: - It can be handled adequately down the line.
Productivity Through Positive Reinforcement
Most people just want to be appreciated. If you're a manager, that's something to seriously think about as you set the tone for maximum productivity.
Manage Your Business from the Rockies, not the Prairies
The day job as a manager is all about managing your people to deliver, to meet the needs of your customers or clients and generating success after success! Right? And you have consequences if that doesn't happen. Worst case scenario is that you lose your job or your business, because your people haven't delivered.
Know Your Business! - 7 Key Questions You Must Ask
You need to know all that is going on around you to be successful in business, whatever the size of your organization. Yet how do you keep all those plates spinning? Here are just 7 quick and easy questions for your checklist - use them and they will serve you well.
Is Your Company in Need of Family Therapy?
How Companies Are Like Families Like a family, a company is a group of people who have an ongoing relationship with one another. Companies have several things in common with families: 1.
Check Your Communication Skills
Use this check list to assess your communication skills. Focus * Do you pay complete attention to others when they are speaking? (A wandering focus discourages open communication.
The Ten Keys to Maximizing Employee Performance
1.Let people know what you expect.
Managers? Biggest Blunders
Nobody's perfect, including the boss. Managers, we polled recently, acknowledged making a number of mistakes, from not recognizing staff accomplishments to inadequate communication to poor hiring decisions.
What Every Manager Should Know About How to Become An Effective Executive
In his book, The Effective Executive, Peter Drucker pointed out that the effective executive is the person who focuses on making a contribution. This focus on the making of a contribution is the key.
A Corporate Facelift With Sound Bytes
If Baby Boomers can get botox and tummy tucks, then why don't companies receive facelifts to improve their image as well? The telephone is the lifeblood of any business. Use it respectfully.
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MORE RESOURCES:
Bush says backs strong dollar policy
(Reuters)
 Reuters - President George W. Bush said on
Sunday the American economy was not growing as quickly as he
would like and that his administration supported a strong
dollar policy.
Hyundai cuts, Kia lifts domestic sales target
(Reuters)
Reuters - Hyundai Motor Co (005480.KS), South
Korea's top auto maker, said on Sunday it had cut its local
sales target for this year by 6 percent as record-breaking oil
prices are hitting consumer sentiment in Asia's fourth-largest
economy.
G-8 meets as economy storm clouds thicken
(AP)
 AP - Between surging oil prices, food inflation and a credit crunch that's depressed global growth, leaders from the Group of Eight economic powers face the gravest combination of economic woes in at least a decade when they gather next week.
Kimmitt confident in economic fundamentals
(Reuters)
 Reuters - Deputy U.S. Treasury Secretary Robert
Kimmitt said on Friday he was confident about the United
States' economic fundamentals in the long term despite a
current rough patch and was quite optimistic about the future.
Gas prices hit another high for holiday weekend
(AP)
 AP - Fireworks aren't the only thing skyrocketing on this Fourth of July. The price of gas has hit another all-time high.
62,000 jobs lost, off nearly half-million for year
(AP)
 AP - The nation lost jobs for a sixth month in a row in June, a storm of pink slips drenching this year's July Fourth holiday for more than 60,000 Americans and leaving thousands more worried about the future.
G8 to tackle inflation, but concrete action elusive
(Reuters)
 Reuters - G8 leaders aim to present a united front
against global inflation, driven by soaring oil and food
prices, at a summit in Japan next week, but solving the problem
requires more than just a strong message from rich nations.
Inflation, not credit crunch, is top concern worldwide: Paulson
(AFP)
 AFP - Inflation, and not the credit crunch, is the biggest economic concern worldwide, especially in developing countries, US Treasury Secretary Henry Paulson said in an interview Thursday.
IBD's Top 10 - Thursday
(Investor's Business Daily)
Investor's Business Daily - 1 The 6th straight monthly payrolls drop was in line with forecasts, though April and May payrolls were revised lower. That bodes ill for the economy, but recessions typically have bigger job cuts. Unemployment stayed at 5.5%, defying forecasts for a dip after May's spike. Factories and home builders slashed staff. Rising jobless claims signal more job losses ahead.
Wall Street firms reduce, banks step up Fed loans
(AP)
 AP - Wall Street companies sharply scaled back their borrowing from the Federal Reserve's emergency lending program over the past week while commercial banks boosted it slightly.
Economy extends job loss streak
(Reuters)
 Reuters - U.S. employers cut workers for a
sixth straight month in June for the longest such streak since
2002 and the country's vast service sector unexpectedly
contracted, underscoring the economy's frailty.
Service sector contracts as orders fall
(AP)
AP - Higher oil prices caused service businesses to shrink in June, as falling new orders and rising costs hit the nation's coffee shops, paper mills and corner stores.
New York cabbies struggle as fuel costs hack pay
(Reuters)
 Reuters - Tired of pumping his cash right back
into his gas tank, New York City taxi driver Mohammed Kalair
says he is considering quitting his job and going back to his
native Pakistan.
Stocks end mixed following jobs, services data
(AP)
 AP - Wall Street capped a shortened trading week with a mixed finish Thursday after some uneven economic data: news of a contraction in the nation's services sector and a tame reading on employment. But stocks still had their third dismal week in a row, with the major indexes again posting losses as worries about rising oil prices and the fallout from the credit crisis dogged the market.
U.S. cuts jobs for 6th month
(Reuters)
 Reuters - U.S. employers cut workers from
their payrolls for the sixth straight month in June for the
country's longest losing streak since 2002, while the
unemployment rate held steady at 5.5 percent, government data
on Thursday showed.
Jobless lines growing longer
(AP)
AP - The number of newly laid off people signing up for unemployment insurance rose sharply last week.
Paulson says US economy set to strengthen
(AFP)
 AFP - US Treasury Secretary Henry Paulson said here on Thursday that the US economy would most likely be stronger at the end of 2008, even as oil prices surged to new records above 146 dollars.
Don't blame the buck for high oil price: Paulson
(Reuters)
 Reuters - A weaker dollar cannot be blamed for
soaring oil prices as policymakers around the world tussle with
the twin specters of rising inflation and slowing growth, U.S.
Treasury Secretary Henry Paulson said on Thursday.
Paulson: inflation becoming top global focus
(Reuters)
 Reuters - U.S. Treasury Secretary Henry Paulson
said on Thursday inflation was becoming the top economic focus
of many countries around the world as oil and food prices take
their toll.
Paulson says US economy enduring 'rough period'
(AFP)
 AFP - US Treasury Secretary Henry Paulson said Wednesday that the US economy was enduring "a rough period" and warned that home foreclosures would likely remain high in the near future.
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