Management Diary
The Ultimate Reference For Managers And Wannabe's
Five Steps to Successful Business Succession
The great majority of family businesses in North America are still owned and operated by descendants of the founder. The business acumen that these first, second, third, and sometimes fourth generation managers possess largely determines how much longer the business will remain under family control.
Why Saying Well Done Works
Encouraged by the recognition, Sarah Lewsiton went home from work that day, full of self-belief and wonder that she had made the leap at last. In her last job, she had always felt that she was unsuitable, in fact below par, for the place.
Partnering for Performance
"The difference between a boss and a leader: a boss says, 'Go!' - a leader says, 'Let's go!'" -E. M.
Three Professional Services Resolutions for 2005
With client expectations higher than ever before, and the gradual industry recovery ahead, consulting firms will need to focus more than ever on carefully identifying and serving the right clients. Based on a recent interview with Brad Smith, VP of Research at Kennedy Information Inc.
Ten Steps to Take the Work out of Work ? Replicate Yourself!
They say that management can be a lonely place. A manager has to lead from the front, make challenging demands of their people and if part of an organisation, pass on the dictats of the more senior and remote bosses up at the top.
Three Ways to Transmit Loud and Clear
The heart of a fool is in his mouth, but the mouth of a wise man is in his heart. --Benjamin Franklin How often have you said something that you thought was perfectly clear, only to find out later that the receiver had taken it in exactly the wrong way? A boss's ability to communicate well with direct reports depends on the capacity to transmit meaning between people through the use of words.
Is this A Good Time To Sell Your Body Shop Business?
Have you ever asked yourself the question? "Is this a good time to sell my business?" That is a question every business owner asks himself, everytime he has a bad day. I once received e-mail from the editor of the Auto Body News, asking me that key question.
What Makes a Crisis a Crisis?
If you're old enough and were living in America about 30 years ago, you may remember the scandal in the motion picture industry known as 'the Begelman affair' or 'Hollywoodgate.' . A skillful analysis of the crisis that rocked Columbia Pictures, a leading company in its field, is presented by Steven Fink in his book, 'Crisis Management: Planning for the Inevitable.
Appraisal Systems - Not Living Up to Their Objectives
Almost, if not all organisations have them, they've been around for a very long time and some organisations swear by them, however on the whole the average appraisal system fails to live up to the expectations of the organisation and often they can cause more trouble than they are worth. "So, minister, here we are at the end of your government and the record doesn't look to good, crime is up, hospital care down, the economy still shaky and poor public services.
Great Hires: Avoid Costly Mistakes
The goal of selection interviews, buying apples, is to make the most appropriate choices...
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MORE RESOURCES:
Obama planning new package of economic aid
(AP)
 AP - Eager to jumpstart the economy ahead of crucial midterm elections, President Barack Obama said Friday he intends to unveil a new package of proposals, likely including tax cuts and targeted spending, to spark job growth.
Obama promises more stimulus as unemployment edges up
(AFP)
 AFP - President Barack Obama promised a fresh slew of measures to boost the ailing US economy Friday after fresh data showed unemployment was again on the rise.
Companies add 67K workers, but jobless rate rises
(AP)
 AP - Private employers hired more workers over the past three months than first thought, a glimmer of hope for the weak economy ahead of the Labor Day weekend. But the unemployment rate rose because not enough jobs were created to absorb the growing number of people looking for work.
Payrolls data offer ray of hope for recovery
(Reuters)
 Reuters - U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring surprised on the upside, easing pressure on the Federal Reserve to prop up economic growth.
A look at economic developments around the globe
(AP)
AP - A look at economic developments and activity in major stock markets around the world Friday:
Obama says to address new economic ideas next week
(Reuters)
 Reuters - President Barack Obama will outline new measures next week to boost the U.S. economy after August data on Friday showed again that jobs -- the central issue in November elections -- were being created too slowly.
US services sector growth eases
(AFP)
 AFP - Growth of the key US services sector fell to its lowest level in eight months in August amid a weakening economic recovery, a survey report said Friday.
Summary Box: Service sector growth slows in August
(AP)
AP - GROWTH SLOWING: The Institute for Supply Management said its service-sector index fell to 51.5 last month from 54.3 in July. The number indicates growth for the eighth consecutive month but it was the weakest pace since January.
Service sector grows at slower pace in August
(AP)
 AP - The U.S. service sector, the nation's predominant job generator, expanded for the eighth straight month in August although the pace of growth slowed, according to a trade group survey.
Broke youth anti-crime groups want federal cash
(AP)
 AP - A $1.6 billion congressional bailout of sorts could help financially flailing groups that fight to keep young people out of trouble, yet lawmakers are reluctant to take up the expensive proposal amid a sour economy and other, more pressing issues.
Obama: jobs data 'positive' but not enough
(AFP)
 AFP - US President Barack Obama said better-than-expected jobs data released Friday was positive, but said it was not good enough as the economy struggles out of the deepest slump in decades.
Top Obama critic blasts 'job-killing' policies
(AFP)
 AFP - President Barack Obama should fire his top economic advisers and quit his "job-killing" policies, the top House Republican said after US unemployment jumped to 9.6 percent in August.
Campbell Soup profit beats Street but sales light
(Reuters)
 Reuters - Campbell Soup Co posted lower-than-expected quarterly sales and forecast sales growth for the new fiscal year below its long-term target as the world's largest soup company grapples with a weak economy.
(AP)
AP - Obama calls anew for Congress to pass legislation providing tax relief for small businesses.
White House: August jobs report reassuring
(Reuters)
Reuters - The White House on Friday greeted a better than expected August employment report as reassuring news after a recent spate of "unsettling" economic data, and reiterated it was working with Congress to take additional steps to boost U.S. growth and hiring.
Non-manufacturing sector slows in August: ISM
(Reuters)
Reuters - The U.S. non-manufacturing sector grew in August for an eighth straight month but at a slower pace than July and at a rate that was below expectations, according to an industry report released on Friday.
Oil prices stage gentle rebound after US payrolls
(AFP)
 AFP - Oil prices firmed on Friday as traders examined a better-than-expected payrolls report in the United States, the world's leading energy consumer.
Instant View: Payrolls fall by 54K, less than expected
(Reuters)
Reuters - U.S. employment fell for a third straight month in August, but the decline was far less than expected and private payrolls growth surprised on the upside, easing pressure on the Federal Reserve to prop up growth.
Service sector spotlight shines on Germany, China
(Reuters)
Reuters - Global service sector surveys highlighted a growing divergence in economic recovery on Friday with a pick up in growth in China and Germany but slowdowns in Britain and Spain and an expected deceleration in the United States.
Obama to comment Friday on jobless report
(AP)
AP - President Barack Obama will speak to reporters Friday after the Labor Department releases its monthly jobless report.
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