Management
Seven Myths About Leadership That We Should Stop Believing
Learn about several common myths about leadership that still plague the workplace today.
The 6 Characteristics of Effective Leaders
Leadership is a difficult and challenging role that requires knowledge, skills, and abilities that must be honed and developed over time. In this article, we explore the six common characteristics that all effective leaders share.
Learn From Billionaire Businessman Bill Gates
A lot of people search ‘how to get rich quick’ on Google and Youtube, but let’s look at what we can actually learn from billionaire, businessman and entrepreneur, Bill Gates.
How Risk Management Can Help Businesses Post-Covid-19
Risk management is becoming an integral part of businesses. This article looks at five tactics that businesses without a strong risk management strategy can consider and begin to implement during these uncertain times.
How to Calculate Current Ratio
Briefly covers concepts related to the current ratio with a calculation example and explanation.
What Are Cap Tables and Why Are They Important?
Cap tables are a critical part of building a new business on investment funding, but how do they work? And do you successfully manage them?
Opening the Economy: How to Not Drift Into Failure
Using the Rasmussen safety model formulates a process to open a business without drifting into failure. The boundaries include safety, workload, and economy. Balancing among each will help the company function by using a hierarchy of controls to prevent movement into a critical area.
Preparation as a Key to Success
Preparation may be dull and seem time consuming when all you really want to do is dive into a project and start feeling like you've accomplished something. Read on to find out how to skyrocket your success with a few easy tips.
Project Management: Monitoring and People Management
Project management does not have to be on a grand scale and is not limited to big projects. You can use some of the information presented in my 3 Project Management Principles articles to develop a personal action plan.
How to Make Smart Decisions: Ask and Integrate
Whenever we are at a crossroad, it means there is a choice. We must choose between two or more options. Making our own choices about what we do is important because it gives meaning to our life.
Project Management: Planning
Planning is important to find the best course of action, clarify what needs to be done, check what is outside our area of expertise, and know how to delegate and set works for others.
Project Management: Defining Objectives
The practice of project management is well established. It has a stretched out range in varied industries. Several businesses and organizations in areas such as marketing, finance, product development, consumer services, and government are now applying its central principles.
Power in Leadership and Business
In business and in everyday life people wield varying levels of power. Where does power come from and can you get more of it?
How to Handle Employee Theft
Employee theft is more common than you might realize. Here are some steps for handling situations in which a betrayal of trust impacts your small business, with tips to prevent and minimize future losses.
Minimum Viable Product: Why All Startups Should Know About It
The minimum viable product (MVP) concept is highlighted in the book "The Lean Startup" by Eric Ries. Startups should get to know what a minimum viable product is, how to release it, and how to differentiate startups from established businesses.
What We Can Learn From Reading Steve Jobs' Biography
If there's one entrepreneur who revolutionized technology in the millennial age, it's Steve Jobs. From starting Apple with Steve Wozniak back in 1976 to being ousted in 1985 to making a triumphant return in 1997, there's a lot that can be learned from reading Isaacson's classic biography.
Why Delegating Tasks Can Help Relieve Work Loads
When you get help for yourself and delegate work, you also give your team a great developmental opportunity. Even if you can do it all, do you really want to?
Get to Carnegie Hall: Practice Problem-Solving
Although leaders have to be results-oriented, they can do this by exercising high level interpersonal skills that their team members adopt to further improve the organization. But to achieve success, a leader has to solve problems and make the tough decisions.
An Overview of Design Thinking
This article aims to provide a brief overview of design thinking, in particular, its definitions, principles, benefits, criticisms and application.
Guided by Athena: Think Strategically and Be Creative to Solve Problems
Leaders need to be able to think strategically and be creative in order to solve the complex problems of today. This will not only make them indispensable to their organization, but it will also allow them to anticipate oncoming challenges and make effective decisions.
The Six Foundational Abilities of a Great Leader
Leaders need to provide purpose, direction, and motivation for the persons they lead. To do this, they must develop six foundational abilities: vision, social intelligence, level 5 leadership, decisiveness, consistency, and reflection.
The Champion: A Model for 21st Century Strategic Leadership
Strategic leaders are able to transform an organization through vision, values, the culture and climate they create, and the systems they develop. A personal leadership model becomes invaluable to make a personal and organizational transformation.
Top 10 Productivity Tiрѕ for Managers
As a manager, hоw саn you improve you and your team’s productivity while still saving time? Here аrе the tор 10 actions уоu саn take tо inсrеаѕе productivity.
Why I Don’t Believe in Intrapreneurship
Intrapreneurship is a buzzword often thrown around in several companies. While taking the initiatives and risks while having the security of being in an organization sounds exciting, one needs to watch out for this word for a few reasons. Here is why I am not an advocate of intrapreneurship.
How to Handle Communications in a Crisis
A high-profile lawsuit, an accounting scandal, an instance of workplace violence, or one of many other developments can have a devastating impact on a business or non-profit. It is critical that you plan for a variety of crisis scenarios and are as ready as you can be when one hits.
What Is Life Cycle Costing?
There are a lot of misconceptions about how to determine the true value of long-term asset holdings. One method is life cycle costing, but many factors complicate that analysis. Here are some tips.
Let's Talk Fire: Is Too Much Communication on the Job a Bad Thing?
We all have seen the reports of firefighter deaths, and there is that little word, communication. Communication is vital to the fire ground and the success of a department, but what happens when it is used the wrong way, or even worse, overused?
9 Important Rules Interior Design Project Managers Must Follow
In the building industry, a project manager must have the ability to collaborate and work harmoniously with clients, team members, and contractors. But it goes beyond that. What are the golden rules project managers must follow to ensure they complete projects in a timely and professional manner?
Stories of Top Women Entrepreneurs in the Restaurant Industry
Learn about some women entrepreneurs who have gained success in the restaurant industry.
The Limitations of MRP and ERP Systems
What are the limits of MRP systems? What are the weaknesses of ERP systems?
Valuable Lean Manufacturing Tools That Can Improve Business
This article discusses the adoption of lean manufacturing by the United States and how these lean principles help to reduce costs and reduce wastes to enhance business performance. Three of the biggest lean applications adopted from the TPS are discussed.
A Marketing Lesson From SpaceX
This article uses the launch of SpaceX and its payload of a Tesla Roadster as an example of brilliant marketing and branding.
How to Be a Successful Woman in the Workplace
Advice for women in a business world that's less than fair.
How to Motivate Employees: 12 Tips
Motivating employees is vitally important for maintaining a productive workforce and minimizing staff turnover, but sometimes even the most experienced managers need some fresh ideas. This article lists 12 tips for maintaining high enthusiasm levels.
Surviving Process Improvement Initiatives
Here are some guiding principles for change agents that will help make your process improvement initiatives reliably successful. Change smarter, not harder!
10 Common Leadership Styles That You Should Know About
Effective leadership is vital in any organization, but achieving the correct style for the challenges faced can be difficult. This article looks at ten common styles of leadership.
Ten Reasons Why Teams Fail
A capable team is essential for achieving successful business outcomes. However, teams are dynamic and there are a number of situations that can result in a team's demise. This article focuses on ten reasons why teams fail and how to deal with those situations.
Boss or Leader: What Is the Difference?
Some people want to be the boss, while others strive to be leaders. So, what is the difference?
Elon Musk: Business Magnate and Visionary
The South African born entrepreneur Elon Musk is known for founding the electric car company, Tesla Motors, and SpaceX, which launched a rocket that sent the first commercial vehicle to the International Space Station. Musk is now the richest person in the world.
Basic Guide: How to Be an Effective Manager and Leader
Whether you’re new to the role, or just looking for tips on how to be a better manager, here’s what you need to know to start improving your managerial abilities.
How to Manage a Small Business and Staff
Learn how to effectively manage small groups of people, how to inspire them to work as a team, and create loyalty to your workplace.
How to Find Future Values (TVM Calculations)
Shows multiple methods to find the future value of investments.
Let's Talk Fire: 3 Areas That Can Make or Break a Fire Officer
Beimng a good leader on the fire ground takes more than being "the man" or "the boss". It takes knowledge and wisdom and a bit of common sense to boot.
The Use of Reward and Incentive Systems: A Case Study of McDonald's
To motivate employees and enhance business competence, reward and incentive systems are often utilized by business managers. This article analyzes the use of a reward and incentive system by McDonald's for the Australian market.
The Application of Power in Organisations
Organisations that have a respectful culture and understand decentralised power are the wave of the future.
The Right Kind of Employee Discipline
This article is about counterproductive behavior, including how to recognize it and deal with it for the benefit of both the employee and employer.
Interviewing Dos and Don'ts for New Managers
If you've recently taken a new position as a supervisor or manager with hiring responsibilities, you need to know what to ask and what not to ask during the selection process. Here are the basics.
What Is Thought Leadership?
A thought leader is someone who influences a community, network, industry, or the public because of his or her expertise, knowledge, and experience in a particular field. But what does that mean?
How to Calculate Process Capability in Minitab 18
This article shows you how to compute process capability using Minitab 18. You can read along or follow tasks with a provided Minitab file data. A short analysis of the data is conducted.
Ensuring Boardroom Gender Diversification
This article provides an in-depth analysis of proven strategies to increase gender diversification in the boardroom.