Management Diary The Quintessential Survival Guide in the Corporate Quagmire!

Management Diary


The Ultimate Reference For Managers And Wannabe's

Make a Difference - Sweat the Small Stuff First


My background is in retail management - yes, running stores, from tiny ones you couldn't swing the proverbial cat around in, to huge three floor jobs. Yet there are some guiding principles which, like Giuliani did for New York, that make a difference on a smaller scale.

Effective Meetings by Phone - Part 2, How to Hold a Teleconference


Even a well-planned teleconference can go poorly. Some people treat any meeting as a casual social activity instead of as a serious business project.

Coaching Champions at Work


I saw Brian Kerr (the Irish national football coach) on television not so long ago and it reminded me of a platform I shared with him at a Banking Institute seminar in Dublin. Whilst I was waiting for my turn I listened to Brian and experienced two emotions - admiration and jealousy.

The Three-Dimensional Communication System


Human communication is always three-dimensional. No spoken or written message is ever just words or rational thoughts.

Innovation Management ? smart people dont necessarily produce great ideas


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.

Status Quo Pep Talks That Can Threaten Your Leadership


Organizations live and die by results. Yet most organizations get a fraction of the results they are capable of.

Employee Success! - 7 Ways Feedback Works


By sharing how well you are doing and how well your expectations are met, your people get to understand better. So, frequent, realistic, objective feedback is not seen as criticism, more a way of each in your team helping each other get better, building on the success you already have.

Making Powerful Requests That Launch People Into Action


Do you ever wonder why people do not simply do the things that you want them to do? Well, instead of waiting for things to happen, decide to take responsibility for making them happen. The way to do this is often as simple as making an appropriate request.

Hiring Productive Employees: A Checklist for Assessing Their Appeal


The characteristics of job applicants have a strong influence on whether or not they get hired. Their characteristics also indicate the level of their productivity.

Problem-Solving Success Tip: Measure


Measure. The first key question to answer in starting a problem-solving project is, "How will you know when the problem is solved?" Answer this question in measurable terms before you start trying to solve the problem.

Management Diary Articles - See index below:
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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)

An arrow points down in the window of a branch of Northern Rock in London March 10, 2010.    Nationalised mortgage lender Northern Rock's headline losses shrank in 2009, helped by rising net interest income and lower loan losses in the second half, though it said loan writedowns would stay high in 2010.       REUTERS/Luke MacGregor   (BRITAIN - Tags: BUSINESS) POLITICS)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)

Europe's leading stock markets nudged higher on Wednesday as traders awaited key US economic data and assessed the latest batch of company results.(AFP/File/Leon Neal)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)

Employees count yuan banknotes at a branch of Bank of China in Changzhi, Shanxi province February 24, 2010. REUTERS/StringerReuters - 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)

Britain's Prime Minister Gordon Brown gestures as he bids farewell to Jordan's King Abdullah (not pictured) on the steps of 10 Downing Street central London March 9, 2010. REUTERS/Andrew WinningReuters - 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)

A job seekers talks to a potential employer in California. The United States said it would expose 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)

U.S. Secretary of Energy Steven Chu, left, answers questions from IHS CERA chairman Daniel Yergin, right, at a global energy conference hosted by IHS Cambridge Energy Research Associates Tuesday, March 9, 2010, in Houston. The Energy Department forecast that the average price for gasoline won't rise much above $3.00 per gallon this year.(AP Photo/Pat Sullivan)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)

In this Feb. 10, 2010 photo, Mark McKenzie, of Roseville, Mich., views paperwork while attending a job fair in Detroit. Job openings rose sharply earlier this year, a sign that employers might be preparing to step up hiring.(AP Photo/Paul Sancya)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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