Management Diary
The Ultimate Reference For Managers And Wannabe's
Dont Let Your Measurements Mislead You
Don't Let Your Measurements Mislead You. There aren't too many words that can strike as much fear and loathing into the hearts of your internal customers, and sometimes your own employees as the words 'Operational Measurements'. Operational Measurements often get a bad rap because of their misuse by well intended, but misinformed management.
Selective Job Cuts Often Benefits Firm More Than Broad Layoffs Over Long Term
It is difficult to pick up a newspaper or listen to a business news broadcast without being greeted with the announcement of another massive corporate layoff or cutback. The economy catches a chill and, as a result, the corporate world catches a profits 'cold.
Looking through the Glass Ceiling - Women in Management
Women have made tremendous contributions to society at every level; consider Joan of Arc, Golda Meier, Indira Gandi, Condalezza Rice. In writing this article my attention is to open the eyes of small business and no way patronise female mangement or give offence.
People Are Our Most Important Asset!
How many times have you heard or uttered this phrase in the last 5 years or so. As a 'reformed accountant' this phrase makes me cringe more than any other business euphemism being espoused today.
Building A Stellar Business One Employee At A Time
Top businesses that continually lead their industry clearly understand a simple fact: People are their most vital assets. Every employee plays a key role in the company.
How to get an Audiences Attention
A trainer dryly discussing how to motivate people in an organization basically has just another "point-by-point" presentation. But suppose that he mounts the podium and begins to speak.
Selecting Top Talent: Improve Your Batting Average
I recently gave a presentation to a group of business and community leaders on how to select talent to grow their organization. Given the expense associated with recruiting top performers and the high cost of making poor choices, you would think that those responsible for hiring would follow a systematic process that results in high quality hiring.
Bullying and the Not for Profit Organisation
Where there is people there is politics! Bullying is now a major workplace issue that has invaded our not for profit organisations. Take the following example.
Meetings and Road Trips
Managing a meeting is like setting off on a long car trip with friends or family. You need to plan your route, pay attention to the rules of the road, consider what will keep your passengers engaged and occupied, and always remember you have to get back home at the end.
Gift Giving for Business a Major Headache
Corporate gifting is a big headache for most business owners; how much to spend, who to spend the money on, where to get the gifts, what to get and how to gauge the effect of that giving in terms of benefits for the company are all important questions. When a company decides to give gifts it needs to be planned out as part of doing business, not just a last minute impulse.
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MORE RESOURCES:
Foreclosures drop for 2nd month in February: RealtyTrac
(Reuters)
 Reuters - U.S. mortgage foreclosure filings dropped for a second straight month in February, and notched the smallest annual increase in four years as housing-rescue efforts contained activity, a report released on Thursday showed.
Oil near $82 as traders eye weak US demand
(AP)
 AP - Oil prices hovered around $82 a barrel Thursday in Europe as traders weighed stagnant U.S. crude demand against a gradual global economic recovery.
Obama taps Boeing, Xerox chiefs to lead export body
(Reuters)
Reuters - President Barack Obama, anxious to spur growth and tackle unemployment, will name two top executives from Boeing and Xerox on Thursday to spearhead his drive to boost U.S. exports, the White House said.
India aims to be world's fastest growing economy
(AP)
 AP - Just how fast can India grow? Ask Manal Farooq, who can't make gloves quickly enough.
Geithner warns EU on hedge fund regulation plan
(AFP)
 AFP - US Treasury Secretary Timothy Geithner has warned the European Commission its plans to regulate hedge funds and private equity groups could spark a transatlantic row, a paper reported Thursday.
Japan's 4Q growth weaker than first estimated
(AP)
 AP - Japan's economic growth was weaker than first estimated in the fourth quarter, underscoring a patchy recovery in the world's No. 2 economy.
U.S. dollar still rules, but debt level a risk: S&P
(Reuters)
Reuters - The U.S. dollar is still the most important world currency, Standard & Poor's said on Thursday, but added that rising levels of U.S. debt and dependence on foreigners to finance much of pose risks to the currency's primacy.
Senate passes $149 billion for jobless aid
(Reuters)
Reuters - The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before congressional elections in November.
US Senate adopts aid for unemployed
(AFP)
 AFP - The US Senate has adopted a 140-billion-dollar raft of measures aimed at shoring up unemployment benefits and setting out tax breaks to spur job creation.
California revenue jumps, tax refunds should be paid on time
(Reuters)
Reuters - California's revenue in February was $480 million or 8.7 percent above the estimate in Governor Arnold Schwarzenegger's state budget plan, so tax refunds should be paid on time, State Controller John Chiang said on Wednesday.
Fed recovers, gets new look as financial regulator
(AP)
 AP - The Federal Reserve, still dusting itself off from a fight that threatened to trim its powers, could emerge from a congressional overhaul of banking rules as the top cop over the nation's largest financial institutions.
Roll Call: Senate vote on jobless aid measure
(AP)
AP - The 62-36 roll call Wednesday by which the Senate voted to extend jobless aid, tax breaks to businesses and individuals and money to help financially strapped states pay for health care for the poor.
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.
Senate passes jobless aid, business tax breaks
(AP)
 AP - The Senate voted Wednesday to extend key pieces of last year's economic stimulus measure, including help for the jobless and money to help financially strapped states pay for health care for the poor.
Credit card users: Not so responsible after all?
(AP)
AP - With unemployment high and personal wealth diminished, how was it that strapped consumers were paying down their credit card debt last year? It turns out they probably weren't.
Republican Bunning stirs anger with WTO block
(Reuters)
Reuters - A Republican senator who held up action earlier this month on a bill to renew jobless benefits faced more criticism on Wednesday for blocking approval of President Barack Obama's nominee to be U.S. ambassador to the World Trade Organization.
Summary Box: Wholesale inventories trimmed
(AP)
AP - INVENTORIES: Inventories held at the wholesale level fell 0.2 percent in January, highlighting that businesses remain cautious about adding to their stockpiles.
Highlights of Senate jobless aid bill
(AP)
AP - Highlights of Senate legislation extending unemployment insurance and expired tax breaks:
Okla.'s jobless rate continues to improve in Jan.
(AP)
AP - Oklahoma's jobless rate declined to 6.7 percent in January.
Maine jobless rate rises to 8.2 percent in January
(AP)
AP - The Maine Labor Department says unemployment in Maine rose in January to 8.2 percent.
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