Management Diary
The Ultimate Reference For Managers And Wannabe's
Small Business Outsourcing: An Introduction
Outsourcing is the delegation of a business process to an external service provider. The service provider will then be responsible for the day-to-day running and maintenance of the delegated process.
Allowing Employees Responsibility
Merely assigning a task with detailed instructions is not effective delegation. An employee cannot grow without the freedom to make decisions on how the job should be done.
More Computer Consulting 101 Hiring Tips (Part 2 of 2)
Does your company need to retain the services of a competent computer consulting firm, but you have no idea how to really evaluate "competence"? In the first part of this two-part series on Computer Consulting 101 hiring tips, we looked at why small businesses find it so difficult to hire good computer consulting companies, as well as four basic questions that you must be addressed when searching for a new computer consulting vendor. Now in this second and final installment of this two part series on Computer Consulting 101 hiring tips, we'll look at how you can evaluate the true, often-confusing expenses of using a computer consulting company, as well as how to more thoroughly review the computer consulting company's professional credentials and experience.
Dialogue: the Four Dialogic Principles For Successful Communication
'But you don't understand!' exclaimed the manager, 'this new initiative is vital for our team. If it doesn't work we could all be out of a job!' 'Uh-huh.
The Silent Assassin - What to Do When They Visit You?
Introduction There are a group of people in the community that will some time in their career visit your business; the silent assassin. The silent assassin displays all the qualities of a serial killer as they silently wreck havoc in your business through unrest, sabotage, bullying and non-productivity.
Increasing the Return on Your Training Investment
Insightful leaders and organizations recognize that training is a valuable tool for personal and professional development and therefore set some sort of an annual training budget. Most everyone I've ever talked to has been to both excellent training (hopefully ours!) and training that was, well, not so good.
The Key to Successful Performance Objectives
Have you ever tried to drive somewhere without proper directions? This almost always turns out to be a frustrating experience. Sure, if you stop and ask enough people you may eventually reach your target destination, but think of all the wasted energy, time, and resources needed to accomplish your goal.
What Every Manager Should Know About How to Conduct Successful Meetings
Do you announce a meeting and find either no one shows up on time, they come with their own agenda, or the meeting goes on and on? If this is true in your case, then worry no more. Here are six steps to help you develop successful meetings: 1.
The Myth of the Management Team
Every business has problems. That is why the average life span of a large industrial company is 40 years.
Million Dollar Support System For You and For Your Business
Whether you are a consultant, coach, business owner, doctor, professional, corporate elite or student, whatever your profession is, moving towards your dream requires taking courageous steps. Making long-lasting changes requires us to create a network of support.
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MORE RESOURCES:
Export growth likely to remain bright spot for US
(AP)
 AP - U.S. exports dipped in January, the government said Thursday, but economists weren't fazed. They predict export growth will be a bright spot for American manufacturers through the rest of 2010.
Obama lobbied on black unemployment, immigration
(Reuters)
 Reuters - President Barack Obama on Thursday faced pressure to help create jobs in African-American communities and deliver an immigration overhaul even as he tried to push healthcare reform across the finish line.
Slowly, Americans are regaining their lost wealth
(AP)
 AP - Americans are recovering their shrunken wealth — gradually. Household net worth rose last quarter, mainly because the healing economy boosted stock portfolios. But the gain was slight. And it was less than in the previous two quarters.
US household wealth jumps for first time since recession
(AFP)
 AFP - American household wealth jumped in 2009 for the first time since a brutal recession struck the country, underscoring the impact of an economic recovery, data from the central bank showed Thursday.
States tap stimulus as more U.S. families seek aid
(Reuters)
Reuters - Many states have used funds from the $863 billion U.S. economic stimulus plan to help give a rising number of poor families emergency cash assistance, the Government Accountability Office said on Thursday.
A look at global economic developments
(AP)
AP - A look at economic developments and activity in major stock markets around the world Thursday:
Fed emergency loans decline in past week
(AP)
AP - Banks borrowed less from the Federal Reserve's emergency lending program over the past week, providing further evidence that the strains caused by the financial crisis are easing.
AT&T CEO accepts bonus; pay rises to $20.2M
(AP)
AP - The frugality of the recession eased in the 2009 pay package for AT&T Inc. CEO Randall Stephenson, who resumed taking a bonus and saw his compensation rise by one-third to $20.2 million, according to Associated Press calculations on a regulatory filing Thursday.
Citigroup sees return to sustained profitability
(Reuters)
 Reuters - Citigroup Inc Chief Executive Vikram Pandit told investors on Thursday the bank is on track to return to sustained profitability and losses from some of its worst assets should be manageable if the economy does not deteriorate.
Coca-Cola FEMSA bottler to change bylaws
(AP)
AP - Drinks company Fomento Economico Mexicano SAB said Wednesday its bottler, Coca-Cola FEMSA, plans to change its bylaws so a simple majority of its board can appoint and set compensation of the CEO and people who report directly to him or her.
Obama launches export-doubling strategy
(AFP)
 AFP - President Barack Obama put into action Thursday an ambitious strategy to double US exports by prising open lucrative emerging markets in a bid to ease unemployment amid fragile economic recovery.
Summary Box: Trade deficit unexpectedly narrows
(AP)
AP - TRADE GAP: The U.S. trade deficit narrowed to $37.3 billion in January, a decline of 6.6 percent from December, reflecting a big drop in imports as shipments of foreign oil and autos both declined.
Obama outlines strategy to boost exports
(Reuters)
 Reuters - President Barack Obama, anxious to spur growth and cut high unemployment, laid out a plan on Thursday to double U.S. exports through tougher enforcement of trade laws, increased government advocacy and more credit assistance for small and medium-sized companies.
Fed seen keeping "extended period" low rate vow
(Reuters)
Reuters - Lingering U.S. labor market weakness and nagging doubts about the solidity of the economic recovery are expected to keep the Federal Reserve committed to holding borrowing costs very low for a long time at a monetary policy meeting next week.
Appetite for reform fading: NYSE Euronext CEO
(Reuters)
Reuters - The appetite and sense of urgency for world financial reform have waned as markets have rebounded and the world economy has shown signs of recovering, the head of exchange operator NYSE Euronext said on Thursday.
Obama issues new call on China over yuan
(AFP)
 AFP - US President Barack Obama on Thursday issued a fresh call to China to embrace a "market oriented" exchange rate for the yuan, saying such a move would help rebalance the global economy.
Senate plan on US finance reform to be unveiled
(AFP)
 AFP - A key US senator said he would unveil new legislation on Monday aimed at giving American financial rules their biggest overhaul since the Great Depression in the wake of the 2008 meltdown.
EU rejects US criticism over hedge fund curbs
(AFP)
 AFP - European officials on Thursday defended planned new EU legislation regulating high-end financial services from "protectionist" charges, amid anger from US Treasury chief Timothy Geithner.
Jobless claims by state, at a glance
(AP)
AP - First-time claims for unemployment benefits slipped last week by 6,000 to 462,000 for the week ending March 6. The total nearly matched analysts' estimates and was the second straight drop.
Summary Box: Jobless claims drop for second week
(AP)
AP - JOBLESS CLAIMS DROP: New claims for unemployment benefits fell last week to a seasonally adjusted 462,000, nearly matching analysts' estimates. It was the second straight drop.
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