Management Diary
The Ultimate Reference For Managers And Wannabe's
Use QA As Your First Step To Outsourcing
Quality Assurance, or QA, is often given short shrift in a software development organization, especially when budgets are tight. When debating the software development budget at one of my software companies, the CEO finally asked, 'Well, do you really want to hire a QA guy, or a programmer to add features to the software?' It was a tough choice.
Why Employees Are the Best Source of Cost-cutting Ideas
Cost cutting has become a necessary and important reality in the modern corporate world. Yet many executives do not realize that their people are actually the best source of cost reduction ideas.
Planning Your Recruiting Efforts Can Help You Find Great Employees
Today, companies have an ever-expanding list of options available to them when it comes to sourcing new employees, from advertising in newspapers and trade journals to powerful, cost-effective recruiting options available through the Internet. Unfortunately, the growth in the number of recruiting options available has made the competition for top candidates even more fierce.
Lone Rangers Suffer without Tonto
A lone ranger is someone who prefers working in solitude or isolation. Sometimes life circumstances can call for us to adopt this attitude.
Passion for Profits
Business owners and managers are busier than ever. As their businesses grow and become more complex, they find that they don't have the time to be all things to all people.
Turning a Negative Employee Into a Positive Asset
Several years ago, I took over the supervision of a section in a Public Agency. I was a newbie in management, enthusiastic, and excited about the opportunity that lay before me.
Project Managment: Land the Plane Stop Doing and Start Succeeding
We all spend time on planning vacations. If it's not you then it's probably your significant other or travel agent.
Accountability Equals Meeting Success
Leslie was the new manager of the group. She was replacing Tom, a well respected manager who was retiring.
CEOs Role in Family Business
I first met Roland (not his real name) in 1972. He was a high school student working a summer job in his father's business.
Is Chess Good for Management?
The game of chess has been applauded and taught in business school as a game that gingers creative intelligence. Chess is a game involving kings, queens, bishops, knights, castles, and pawns like a real life.
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MORE RESOURCES:
US retail sales rise unexpectedly despite blizzards
(AFP)
 AFP - The storied American consumer braved blizzards and economic headwinds to shop in February, unexpectedly pushing up retail sales for the second straight month, official data showed Friday.
Feb. retail-sales report offers positive surprise
(AP)
 AP - Retail sales posted a surprising increase in February as consumers did not let major snowstorms stop them from racking up purchases. The advance, the biggest since November, provided hope that the recovery from the Great Recession is gaining momentum.
Cheap cigars, politics and the Volcker Rule
(Reuters)
Reuters - In mid-January, a who's who of Wall Street gathered to hear Paul Volcker, the former Federal Reserve chairman whose role in the White House seemed at best unclear.
Consumer sentiment dipped in early March
(Reuters)
 Reuters - U.S. consumer sentiment declined slightly in early March, with Americans less positive about the job outlook, a survey released on Friday showed.
Obama eyes dovish policymaker as Fed number two: reports
(AFP)
 AFP - US President Barack Obama plans to nominate San Francisco regional central bank chief Janet Yellen, a policy dove, as Federal Reserve Board number two, news reports said Friday.
Unemployment higher among young war veterans
(AP)
AP - The Labor Department says the unemployment rate for young Iraq and Afghanistan veterans was 21.1 percent last year.
Retail sales rise as shoppers fight winter blues
(Reuters)
 Reuters - U.S. retail sales rose unexpectedly last month despite heavy snow storms and a drop in vehicle purchases by consumers spooked by Toyota recalls, bolstering hopes of a sustainable economic recovery.
Obama to tap Yellen for Fed vice chair: source
(Reuters)
 Reuters - President Barack Obama plans to nominate San Francisco Federal Reserve Bank President Janet Yellen, a respected policy dove, to be vice chairman of the central bank, a source familiar with the process said on Thursday.
New slide in US videogame sales
(AFP)
 AFP - NPD Group on Thursday said US videogame sales slid 15 percent in February to 1.26 billion dollars, defying optimism that the industry would rebound on a reviving economy.
Business inventories flat in January
(AP)
AP - Business inventories were basically flat in January even though sales rose for an eighth consecutive month.
UBS urges parliament to back U.S. tax deal: report
(Reuters)
Reuters - Switzerland's UBS has warned parliamentarians failure to back a deal to end its bitter U.S. tax row with the bank could result in a damaging backlash for Swiss banks as well as the Alpine nation's economy.
Canada's unemployment rate drops
(AP)
AP - Canada's unemployment rate has slipped to 8.2 percent as the economy gained 21,000 jobs.
(AP)
AP - Business inventories unchanged in January as total sales increase for eighth conscutive month.
AP Source: Obama wants Yellen as Fed vice chair
(AP)
 AP - President Barack Obama intends to nominate Janet Yellen, the president of the Federal Reserve Bank of San Francisco, to take over as vice chairman of the Federal Reserve, a person familiar with the selection said Friday.
Dollar mixed before US data
(AFP)
 AFP - The dollar traded mixed on Friday before the publication of official US economic data, while the yen was also in focus after Japan's leader called for "firm steps" against the currency's recent rise.
European stock markets gain ground
(AFP)
 AFP - Europe's main stock markets rose Friday as investors awaited crucial economic data and tracked US attempts to rein in the banking sector, dealers said.
Eurozone industrial productions soars in January
(AP)
AP - Industrial production in the 16 countries that use the euro spiked by an impressive 1.7 percent in January from the month before, official figures showed Friday, raising hopes that the recovery from recession may be more buoyant than expected.
Greek jobless rate eases but recession entrenched
(Reuters)
 Reuters - Greece's gross domestic product shrank slightly less than feared at the end of 2009 and unemployment eased, but the economy looked set to deteriorate as the government imposes major cutbacks.
U.S. "very close" to job growth: Summers
(Reuters)
Reuters - White House economic adviser Larry Summers said on Thursday that the United States is "very close" to the point where job growth can begin. (Reporting by Chris Baltimore; editing by Carol Bishopric)
Regulators shut LibertyPointe Bank in NYC
(AP)
AP - Regulators on Thursday shut down LibertyPointe Bank in New York City, boosting to 27 the number of bank failures in the U.S. so far this year following the 140 brought down in 2009 by mounting loan defaults and the recession.
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