Management Diary The Quintessential Survival Guide in the Corporate Quagmire!

Management Diary


The Ultimate Reference For Managers And Wannabe's

Beyond Management Coaching: When Things Are Getting Out of Control


Leaders and Managers often ask us, 'What do you do when you have tried to coach and counsel an employee about a performance concern, and the employee has not responded? Unfortunately, we see far too many cases where the leader hasn't, in good faith, tried to coach the employee or to put the leader's concerns into words. Often, leaders look for a quick fix alternative to what is perceived as a difficult and painful confrontation.

Treat Employees Fairly, Car Wash Entrepreneur sets Industry Standards


I believe that whether corporations expense their stock options is besides the point, especially when the stock is worthless. We have studied over the years the rift between employees and employers and we have discovered many great brand names are eventually destroyed from internal strife and friction within the company itself.

Micromanagement and Delegation


Micro-Management and Delegation.  . Recently I had a long discussion with a friend of mine about Managers and managing.  She is a former HR Manager for several major companies and was bemoaning the fact that training for managers has been cut back so significantly in recent years and that managers no longer receive the type of help, guidance and assistance that they received just a few short years ago.

6 Shared Factors of Successful Executives


These factors where determined by interviews with and books from very successful people. Fac­tors which eminently successful people con­sidered essential were collected and classified.

Time Management and Team Development - The Yes and No of It


Sometimes. In fact making some small changes to the circumstances when we use these two little words, can make all the difference.

The Paradox of Job Enrichment


Ellen was a clerk working for a large insurance company. One day, she spotted a glaring discrepancy in a form she was typing.

Dont Take New Hires for Granted


Hiring good people is only half the battle. The other half is keeping them, especially in a relatively strong economy where quality people are difficult to attract.

Operating on Perpetual Overload?


Check Out Your E-Habits Another week has ended. And, despite moving at the speed of light, you've once again barely made a dent in your more important goals or projects.

Delegation for Business Leaders - How Letting Go Works


A leader's role is to focus on those areas of operation where he or she can deliver the greatest value and this requires huge shifts in perspective of the role. Leaders differ from managers in terms of accountability.

Delegation: When to Delegate, Who to Delegate to


There are some very simple guides for delegation. Most people delegate based on not wanting to do something.

Management Diary Articles - See index below:
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NATO seeks unity on Afghan war despite French exit plan

Leaders take part in the NATO Summit meeting in ChicagoCHICAGO (Reuters) - NATO leaders charting a path out of Afghanistan sought on Sunday to dispel fears of a rush for the exits in the unpopular war even as France's new president vowed to stick by his pledge to withdraw French troops by year's end. President Barack Obama, who once called the Afghan conflict a "war of necessity" but is now looking for an orderly way out, hosted the NATO summit in his home town, Chicago, a day after major industrialized nations tackled a European debt crisis that threatens the global economy. ...



Putin to dominate new Russian government

Russia's President Putin attends the CSTO summit at the Kremlin in MoscowWASHINGTON/MOSCOW (Reuters) - Russian President Vladimir Putin will unveil a government dominated by loyalists on Monday, leaving Prime Minister Dmitry Medvedev limited scope to pursue his reform agenda and entrenching the Kremlin's grip over the economy's commanding heights. Medvedev, 46, named premier after Putin returned to the Kremlin on May 7, has pledged to launch pro-growth policies and a privatization drive to wean Russia's $1.7 billion economy off its dependence on oil. ...



Cameron calls for euro contingency plans

British Prime Minister David Cameron and French President Francois Hollande speak at the end of their meeting in WashingtonCAMP ROUND MEADOW, Maryland (Reuters) - Prime Minister David Cameron urged countries on Saturday to put in place strong contingency plans to deal with fallout from the euro zone debt crisis as fears grow that Greece could be forced out of the European single currency. Cameron, speaking at a summit of the Group of Eight major economies, also appeared to hint that the European Central Bank should follow the example of the Bank of England by embarking on an asset purchase program to try to boost the economy. ...



Greeks must choose on euro - Cameron
CHICAGO (Reuters) - Greek voters have a choice in next month's elections between staying in the euro or leaving, British Prime Minister David Cameron said on Sunday, urging the euro zone to put in place strong contingency plans for either eventuality. Cameron, speaking in Chicago before the start of a NATO summit, dismissed talk that the G8 summit that ended on Saturday at Camp David, Maryland, was a failure "because I think it helped to crystallize the thinking of the world's economic leaders and particularly crystallize the thinking of the euro zone members. ...
China's Wen makes growth 'economic priority'

Wen urged a 'proactive' fiscal policy and a prudent monetary policyChinese Premier Wen Jiabao vowed proactive policies to make growth a bigger priority, as the world's second largest economy showed signs of weakness, state press said on Sunday.



Euro zone row gets fat pay rise for German workers
BERLIN (Reuters) - A record-breaking pay deal will give millions of German workers their biggest rise in wages in two decades, boost consumption in Europe's biggest economy and help towards adjusting the regional imbalances that have caused severe tensions within the euro zone, analysts said on Sunday. Germany's largest industrial union IG Metall agreed to a 4.3-percent pay rise from employers just before dawn on Saturday -- giving the 3.6 million car and engineering industry workers their biggest wage increase since a 5.4 percent deal in 1992. The eye-catching 4. ...
Wall Street Week Ahead: Market is oversold, but major signs say "sell"

The U.S. flag hangs outside the New York Stock ExchangeNEW YORK (Reuters) - Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case this week, even after the market posted its worst weekly loss for the year and the S&P fell for six straight sessions. With the corporate earnings season drawing to an end and recent U.S. economic data raising doubts about the pace of growth, the S&P 500, which is down 7.3 percent so far in May, could decline further this week as concerns about the financial health of Europe persist. ...



Weaker euro zone nations need more support from core: UK
LONDON (Reuters) - The euro zone can protect its currency if its stronger countries provide more support for the weaker to help them deal with their problems, British finance minister George Osborne said in a newspaper on Sunday. The future of Europe's 17-country single currency bloc is under threat from a political stalemate in Greece, which could lead to its departure from the monetary union at unknown costs to the financial system and global economic stability. ...
China's premier calls for efforts to spur growth
Premier Wen Jiabao called for more priority to be given to boosting China's slowing economic growth, a state news agency reported Sunday, after unusually weak industrial activity in April prompted alarm about the world's second-largest economy.
Spain's 'indignants' have huge support: poll

The movement has since inspired similar protests, from Britain to the United States' Occupy Wall StreetSpain's "indignant" protest movement against economic inequality and spending cuts continues to enjoy widespread support a year after it was launched, a poll published on Sunday showed.



China's Wen urges more support for growth
BEIJING (Reuters) - China's premier called for additional efforts to support growth on Sunday, signaling Beijing's willingness to take action after a recent series of economic indicators suggested that the world's second-biggest economy will slow further in the second quarter. "We should continue to implement a proactive fiscal policy and a prudent monetary policy while giving more priority to maintaining growth," Premier Wen Jiabao said in comments reported by state news agency Xinhua. Chinese exports rose by 4. ...
ANALYSIS: Post-war Ivory Coast nurtures second "miracle"
ABIDJAN (Reuters) - From his lagoon-side allotment in Ivory Coast's economic capital Abidjan, Moussa Yanda has a ringside seat to watch the foundations of a $290-million toll bridge slowly rise up from the shore. "I love watching it," enthused the softly-spoken 45-year-old as he packed up his garden tools for the day. "When things are developing, we realise we're going to make it through this." Little over a year ago such optimism was scarce. ...
Analysis: Post-war Ivory Coast nurtures second "miracle"

Workers are seen at the construction site of Abidjan's third bridge, in Cocody-Golf, AbidjanABIDJAN (Reuters) - From his lagoon-side allotment in Ivory Coast's economic capital Abidjan, Moussa Yanda has a ringside seat to watch the foundations of a $290-million toll bridge slowly rise up from the shore. "I love watching it," enthused the softly-spoken 45-year-old as he packed up his garden tools for the day. "When things are developing, we realize we're going to make it through this." Little over a year ago such optimism was scarce. ...



China state-run businesses to invest 350 billion yuan in Chongqing
BEIJING (Reuters) - Thirty of China's biggest state-owned businesses have signed contracts worth about 350 billion yuan ($55.3 billion) with the southwestern municipality Chongqing, Chinese media reported on Sunday, in a sign of Beijing's determination to bolster confidence in the city formerly run by ousted leader Bo Xilai. Since the fall of the once high-flying Chinese official, media reports and some investors have questioned whether Chongqing's debt-laden economy is also headed for trouble. ...
Serbians vote for president under threat of protest
BELGRADE (Reuters) - Pro-Western incumbent Boris Tadic and rightist Tomislav Nikolic went head to head on Sunday in a tense run-off election for Serbian president and the right to lead the struggling nation into talks on joining the European Union. Despite economic stagnation and rising unemployment, Tadic is tipped to defeat Nikolic for the third time since 2004 as Serbia slowly sheds the legacy of a decade of war and isolation under late strongman Slobodan Milosevic. A Tadic victory would keep power firmly in the hands of his Democratic Party. ...
Obama sees 'emerging consensus' on economic fix

President Barack Obama briefs journalists following the G-8 Summit Saturday, May 19, 2012 at Camp David, Md. (AP Photo/Charles Dharapak)Confronting an economic crisis that threatens them all, President Barack Obama and leaders of other world powers on Saturday declared that their governments must both spark growth and cut the debt that has crippled the European continent and put investors worldwide on edge.



Putin's economic plan: 'great leap' into the unknown

Putin is acutely aware that a major eurozone crisis would severely wound Russian exportersNewly-inaugurated President Vladimir Putin has set hugely ambitious targets to catapult the Russian economy into the modern era but their realism remains in doubt despite a benign short-term outlook.



World leaders back Greece, vow to combat financial turmoil

G8 leaders speak at the start of the first working session of the G8 Summit at Camp DavidCAMP DAVID, Maryland (Reuters) - World leaders backed keeping Greece in the euro zone on Saturday and vowed to take all steps necessary to combat financial turmoil while revitalizing a global economy increasingly threatened by Europe's debt crisis. A summit of the G8 leading industrialized nations came down solidly in favor of a push to balance European austerity - an approach long driven by German Chancellor Angela Merkel - with a new dose of U.S.-style stimulus seen as vital to healing ailing euro-zone economies. But it was clear that divisions remained. ...



Obama warns of euro zone threat, welcomes growth focus
CAMP DAVID, Maryland (Reuters) - President Barack Obama, wrapping up the G8 summit he hosted at Camp David, welcomed Europe's focus on rekindling growth and warned the crisis in the euro zone was dangerous for the world. Obama, whose re-election chances in November depend heavily on the U.S. economy continuing to shake off recession, said there was now "an emerging consensus" that Europe ought to invest in job-creating infrastructure and other programs at the same time as it tackles its deficits and debt. "As all the leaders here today agreed, growth and jobs must be our top priority. ...
Greeks' crisis is personal as well as political
Like many Greeks left unemployed by their country's economic tailspin, Dimitris Spachos finds it easier to talk about his nation's problems than his own.
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