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Management Diary
The Ultimate Reference For Managers And Wannabe's
Commercial Collections Billing Practices Advice
Swiftness is the key to collecting past due commercial accounts because commercial accounts depreciate more faster than consumer accounts. In creating and implementing a billing system, a credit grantor should recognize that time is the safest refuge of any debtor.
How To Delegate for Fun and Profit
Ah, the wretched pain of delegation. It comes easy to some people.
Business Fails When We Do Not Talk
You may remember being told as a child, 'Keep quiet!' 'Children should be seen, not heard,' and 'You talk too much.' You were a 'good' kid if you kept quiet.
Problem-Solving Success Tip: Use Your Project Management Skills
Solving a big problem is a project: you're far more likely to solve it successfully if you treat it like one. That means you'll need to identify tasks, make and adjust assignments, and keep track of what is due when.
Group Discussion Guidelines
DISCUSSION METHODS: There are two basic types of discussion methods; the conference method and the workshop method. The conference method involves meetings of staff members, usually from the same organization, and is convened to pass on information, communicate management policies or decisions, or to solve organizational problems.
Creativity and Innovation Management: Specialisation or Generalisation?
Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, development and commercialisation. There are other useful definitions in this field, for example, creativity can be defined as consisting of a number of ideas, a number of diverse ideas and a number of novel ideas.
Innovation Management and Brainstorming Management ? why people hate to brainstorm!
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.
Marketing Miracle: Outsource Your Creative Services
The current economy is causing most companies to tighten their belts. With limited staffing and a restricted budget, how do you continue to promote your business? The simple solution is the occasional or ongoing use of outside resources such as graphic designers, writers, webmasters, and other creative talent.
Book Summary: Mind Your Own Business
A maverick is an independent person who will not go along with the other members of a group (Oxford ESL Dictionary). This book provides priceless stories and insights from a maverick of the business world; an exemplary business leader who prefers not to follow orthodox beliefs in business, nor be eaten by the hyped up ideas of the present.
Argue Your Way To Business Success
'Jack' (not his real name) is a vice president of a publicly traded company. Recently, Jack's stress and anxiety levels have been high enough to impact both his working and his personal lives.
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MORE RESOURCES:
Wholesale inventories fall, sales surge
(Reuters)
Reuters - U.S. wholesale inventories fell modestly in January, while sales rose to their highest level since October 2008, suggesting that inventories would continue to support economic growth in the first quarter.
Wholesale inventories fall while sales increase
(AP)
AP - Businesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month. The dip in inventories underscored that businesses remain cautious about restocking their depleted shelves.
UK's Brown paves way for election with budget date
(AP)
AP - Britain's economic recovery remains fragile, Prime Minister Gordon Brown warned Wednesday, as he paved the way for a national election by announcing the government's budget would be published in two weeks.
Home loan demand nudges higher in latest week
(Reuters)
 Reuters - U.S. mortgage applications nudged higher last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.
Regulators tell banks to restrict dividends, buybacks: report
(Reuters)
Reuters - Shareholders may have to wait for months to retrieve capital after U.S. regulators told banks not to increase dividends or buy back shares amid political and economic uncertainty surrounding the financial industry, the Financial Times reported on Wednesday.
GDP seen slowing, tying Fed hands on rates
(Reuters)
Reuters - After a growth spurt at the end of 2009, the U.S. economy will slow in the months ahead, keeping the Federal Reserve from raising borrowing costs until the final three months of the year, a Reuters poll showed.
Senate to pass jobless aid, business tax breaks
(AP)
AP - Legislation blending help for the jobless with popular tax breaks for businesses and individuals is slated to pass the Senate Wednesday over protests from conservatives who say it adds too much to the $12.5 trillion national debt.
European stocks edge ahead as investors await data
(AFP)
 AFP - Europe's leading stock markets nudged higher on Wednesday as traders awaited key US economic data and assessed the latest batch of company results.
Ahead of the Bell: February budget deficit
(AP)
AP - Economists believe that the federal budget deficit through the first five months of the budget year is running at a record-breaking pace, with the February imbalance likely to climb to the highest level this fiscal year.
German January exports up 0.2 percent on year
(AP)
AP - Official data shows German January exports improved 0.2 percent compared with January 2009 but declined a sharp 6.3 percent from December.
Strong China trade data point to rise in yuan
(Reuters)
 Reuters - Chinese exports and imports grew faster than expected in February, underlining the momentum behind the world's third-largest economy and reinforcing the case for a rise in the yuan.
China plans new trade office as global disputes grow: sources
(Reuters)
Reuters - China is setting up a new agency to help streamline its trade negotiating bureaucracy as the world's third-largest economy faces a growing number of commercial disputes.
Highlights of Senate jobless aid bill
(AP)
AP - Highlights of Senate legislation extending unemployment insurance and expired tax breaks:
Brown says UK to maintain AAA credit rating
(Reuters)
 Reuters - Prime Minister Gordon Brown said on Wednesday he believed Britain would maintain its coveted top credit rating and announced a pay freeze for senior civil servants and military officers to help tame a record deficit.
Economists trim 2011 U.S. growth forecast
(Reuters)
Reuters - U.S. economists raised their forecast for economic growth in 2010 in March, the third straight monthly rise, while trimming their growth forecast for 2011, according to a survey released on Wednesday.
US to expose trade barriers in new report
(AFP)
 AFP - The United States said it would expose "troublesome" foreign trade barriers in a strategy to prise open markets for doubling American exports to ease an unemployment crisis at home.
Gas price rises seen gentler on consumer wallets
(AP)
 AP - As the economy recovers, energy prices are rising and that is placing extra strain on families' budgets.
SEC chief economist leaving
(AP)
AP - The chief economist of the Securities and Exchange Commission, who is an expert on the financial instruments that figured largely in the 2008 crisis, is leaving his position for the private sector.
Job openings up sharply in January to 2.7M
(AP)
 AP - Job openings rose sharply earlier this year, evidence that employers are slowly ramping up hiring as the economy improves.
Texas Instruments CEO pay up 2 percent to $9.8M
(AP)
AP - Chip maker Texas Instruments Inc.'s CEO's compensation edged up in 2009, according to calculations by the Associated Press, a recession year that proved difficult for the chipmaker.
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