Role of Management/Organization in Overcoming Leadership Challenges
It is rightly said that if you get a good boss, you are the luckiest employee and if your boss does not support you, God can only save you! Leaders are appointed to provide a direction to the team members and also motivate them to deliver their level best. Is there any employee who admits […]
Risk Management and Stock Market
In stock market there is strong relationship between risk and return. Greater the risk, greater the return generally! In financial terminology risk management is the process of identifying and assessing the risk and then developing strategies to manage and minimize the same while maximizing the returns. Every investment demands a certain amount of risk and […]
360 Degree Feedback – Advantages & Pre-requisites
Advantages of 360 Degree Feedback It encourages participation of all and thus makes HR decisions more qualitative. It pinpoints the favoritism and biases of the supervisors present in conventional appraisal systems. The employees find 360 degree feedback more acceptable than the traditional feedback approaches. 360 degree feedback is more impartial and objective than a one-to-one […]
Operational Challenges in Inventory Management
The latest trend in all industries has been to outsource inventory management functions to Third Party Service providers. Companies outsource both Raw Material Inventory as well as Finished Goods to the Service Provider. In case of finished goods inventory, depending upon the supply chain design, there may be multiple stocking points at national, regional and […]
Challenges in Global Insurance And International Claims
Multinational organizations have become extremely powerful entities in the 21st century. There are many companies which have business interests that are spread across hundreds of countries. Given the global nature of such companies, it is only rational for some of these companies to want a global insurance provider. These companies want to standardize the insurance […]
Like various other activities performed by human beings such as writing, playing, eating, cooking etc, management is also an activity because a manager is one who accomplishes the objectives by directing the efforts of others. According to Koontz, “Management is what a manager does”.
Management as an activity includes:
Your email address will not be published. Required fields are marked *
