Management Diary
The Ultimate Reference For Managers And Wannabe's
Crisis Management Essentials - How to Communicate Effectively During a Crisis, Emergency or Disaster
A crisis, emergency or disaster can happen at anytime and anywhere. Just ask the residents of Darwin in Australia's Northern Territory.
Business Innovation ? Organizational Culture
Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, development and commercialisation. There are other useful definitions in this field, for example, creativity can be defined as consisting of a number of ideas, a number of diverse ideas and a number of novel ideas.
Knowledge Management - Capturing And Structuring Knowledge Into Reusable Assets
Many organizations have an approach for identifying and recording lessons learned, perhaps as part of a post-project review or similar process. Unfortunately, lessons learned reports have a tendency to end up on a shelf gathering dust, or lost in the un-chartered corner of a fileserver somewhere.
Computer Consulting Profit Secrets
Do you own or manage a computer consulting company? Are you having trouble growing your computer consulting company's profits? If so, then you must learn how to focus on your computer consulting firm's profit and bottom line. In this article, we'll look at 7 profit secrets and strategies you can use in your computer consulting business, to ensure that you are able to balance your clients' small business IT needs against your own computer consulting company's profitability challenges.
Instantly Uncover Your Corporate Culture
Best Definition of "Corporate Culture" If you ask 10 people to define "organizational culture," you will get 11 different answers! Fortunately, from my consulting and writing on leadership and organizational change, I created my definition of organizational culture: "Corporate culture is how every employee knows she or he must act - even if no one is watching." Knowing your company's culture proves crucial for multiple reasons, including: + Only organizational changes that fit into your company's culture will succeed.
3 Reasons Why CRM Strategies Fail
Customer relationship management (CRM) is one of the most effective tools for improving customer relationships and therefore increasing revenue, customer satisfaction, and customer retention. Unfortunately, some CRM strategies fail.
Motivating For Higher Performance
Employee motivation is probably the most important single manageable factor for success and profitability of all the facets of specialty store retailing. It is too vital to be handled on a hit or miss basis, depending on the whim or spirit that stirs the store owner or manager from time to time.
Designing Your Healthy Administration - A Management Overview
Management or Leadership? Simply stated, management ensures that things get done, in accordance with accepted policies, based on the reality of a situation. It involves deciding the how, and the when and often the who.
Hiring and Retaining Good Employees
Hiring good employees is not only important to business, it's essential. Employees are the heart and soul of a business; they are the mechanism that makes a business run; they are the breath of life that enables a business to be something more than an idea.
Give Yourself a Boss Day Gift, Part 2: Are You the Position or the Person?
Are you the position or the person? Bosses can lose their own identity sometimes. It's easy.
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MORE RESOURCES:
Bush says backs strong dollar policy
(Reuters)
Reuters - President George W. Bush said on
Sunday the American economy was not growing as quickly as he
would like and that his administration supported a strong
dollar policy.
Hyundai cuts, Kia lifts domestic sales target
(Reuters)
Reuters - Hyundai Motor Co (005480.KS), South
Korea's top auto maker, said on Sunday it had cut its local
sales target for this year by 6 percent as record-breaking oil
prices are hitting consumer sentiment in Asia's fourth-largest
economy. G-8 meets as economy storm clouds thicken
(AP)
AP - Between surging oil prices, food inflation and a credit crunch that's depressed global growth, leaders from the Group of Eight economic powers face the gravest combination of economic woes in at least a decade when they gather next week.
Kimmitt confident in economic fundamentals
(Reuters)
Reuters - Deputy U.S. Treasury Secretary Robert
Kimmitt said on Friday he was confident about the United
States' economic fundamentals in the long term despite a
current rough patch and was quite optimistic about the future.
Gas prices hit another high for holiday weekend
(AP)
AP - Fireworks aren't the only thing skyrocketing on this Fourth of July. The price of gas has hit another all-time high.
62,000 jobs lost, off nearly half-million for year
(AP)
AP - The nation lost jobs for a sixth month in a row in June, a storm of pink slips drenching this year's July Fourth holiday for more than 60,000 Americans and leaving thousands more worried about the future.
G8 to tackle inflation, but concrete action elusive
(Reuters)
Reuters - G8 leaders aim to present a united front
against global inflation, driven by soaring oil and food
prices, at a summit in Japan next week, but solving the problem
requires more than just a strong message from rich nations.
Inflation, not credit crunch, is top concern worldwide: Paulson
(AFP)
AFP - Inflation, and not the credit crunch, is the biggest economic concern worldwide, especially in developing countries, US Treasury Secretary Henry Paulson said in an interview Thursday.
IBD's Top 10 - Thursday
(Investor's Business Daily)
Investor's Business Daily - 1 The 6th straight monthly payrolls drop was in line with forecasts, though April and May payrolls were revised lower. That bodes ill for the economy, but recessions typically have bigger job cuts. Unemployment stayed at 5.5%, defying forecasts for a dip after May's spike. Factories and home builders slashed staff. Rising jobless claims signal more job losses ahead. Wall Street firms reduce, banks step up Fed loans
(AP)
AP - Wall Street companies sharply scaled back their borrowing from the Federal Reserve's emergency lending program over the past week while commercial banks boosted it slightly.
Economy extends job loss streak
(Reuters)
Reuters - U.S. employers cut workers for a
sixth straight month in June for the longest such streak since
2002 and the country's vast service sector unexpectedly
contracted, underscoring the economy's frailty.
Service sector contracts as orders fall
(AP)
AP - Higher oil prices caused service businesses to shrink in June, as falling new orders and rising costs hit the nation's coffee shops, paper mills and corner stores. New York cabbies struggle as fuel costs hack pay
(Reuters)
Reuters - Tired of pumping his cash right back
into his gas tank, New York City taxi driver Mohammed Kalair
says he is considering quitting his job and going back to his
native Pakistan.
Stocks end mixed following jobs, services data
(AP)
AP - Wall Street capped a shortened trading week with a mixed finish Thursday after some uneven economic data: news of a contraction in the nation's services sector and a tame reading on employment. But stocks still had their third dismal week in a row, with the major indexes again posting losses as worries about rising oil prices and the fallout from the credit crisis dogged the market.
U.S. cuts jobs for 6th month
(Reuters)
Reuters - U.S. employers cut workers from
their payrolls for the sixth straight month in June for the
country's longest losing streak since 2002, while the
unemployment rate held steady at 5.5 percent, government data
on Thursday showed.
Jobless lines growing longer
(AP)
AP - The number of newly laid off people signing up for unemployment insurance rose sharply last week. Paulson says US economy set to strengthen
(AFP)
AFP - US Treasury Secretary Henry Paulson said here on Thursday that the US economy would most likely be stronger at the end of 2008, even as oil prices surged to new records above 146 dollars.
Don't blame the buck for high oil price: Paulson
(Reuters)
Reuters - A weaker dollar cannot be blamed for
soaring oil prices as policymakers around the world tussle with
the twin specters of rising inflation and slowing growth, U.S.
Treasury Secretary Henry Paulson said on Thursday.
Paulson: inflation becoming top global focus
(Reuters)
Reuters - U.S. Treasury Secretary Henry Paulson
said on Thursday inflation was becoming the top economic focus
of many countries around the world as oil and food prices take
their toll.
Paulson says US economy enduring 'rough period'
(AFP)
AFP - US Treasury Secretary Henry Paulson said Wednesday that the US economy was enduring "a rough period" and warned that home foreclosures would likely remain high in the near future.
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