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The Need of Math in Management

Operations Research-Emphasizing the need of Math in Management Business is all about “demand versus supply”. And as is always the case, industries operate in a tight situation, with limited resources...

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Organizational Culture

Defining Organizational Culture Business is an integral part of the society; and it influences other elements of the social system, which in turn affect business. The entire sphere of business...

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Attitude

Attitude and Job Satisfaction What is attitude? Attitudes are evaluative statements or judgments concerning objects, people or events –Stephen Robbin. They also represent an ‘affective orientation...

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Project Identification and Screening

In many segments that rely on a culture of project management, the project officially begins with the official approval of the project, which is not so in the development sector, where the project...

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Project Life Cycle

Project Formulation and Project Life Cycle What is a Project? “A temporary endevour leading to a product / service or result ”  A project is any series of activities and tasks that: • Have a specific...

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Portfolio Analysis and Implementation

What is Portfolio Analysis ? Portfolio Planning is best advised for diversified companies than the more product coherent ones. Portfolio analysis plays a vital role in planning and implementation of...

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What is Stability Strategy

Stability Strategy in Management  The Concept: A stable strategy arises out of a basic perception by the management that the firm should concentrate on using its present resources for developing its...

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Goals Vs Objectives

Goals and Objectives often seem like two similar phrases. I recently read an article, where the author had beautifully and simply explained the difference between goals and objectives, how they can be...

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Six Helpful Tips for Young Leaders

Helpful Tips for Young leaders Here’s a random list of practical advice for young leaders. If you can learn and practice these early in your career, it will help you avoid having to learn them by...

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Key Terms of Strategic Management

The following is a list of “Key Terms of #Strategic Management” which find their use often when trying to explain the concepts. #Mission An important undertaking that an organization believes it is its...

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