GETTING THE BEST FROM PEOPLE: MOTIVATING INDIVIDUALS Trying to motivate individuals is always tricky because of the variations between them, and how they interact with your own personality and motivation. Remember at all times to serve your ultimate interest – obtaining the right outcome. Assessing Individuals To motivate well, start...
WORKPLACE MOTIVATION: WINNING CO-OPERATION WITH YOUR STAFF The basic component of a motivational environment is co-operation, which you must give to your staff, as well as expect from them. It is still essential to be in control and to support your staff while doing so, but be sure not to...
HOW MANAGERS CAN IMPROVE COMMUNICATION AT WORKPLACE Not communicating at all coveys a very powerful message – the last one that a committed manager wants to deliver. You can never communicate too much, but take care over the content and delivery of a message so that it inspires motivation upon...
HOW TO BE A GOOD MANAGER Managers often go on course to learn leadership, but good leaders are not necessarily good managers. Leadership is only a one part of being a manager, and while a successful manager needs leadership skills, other abilities are equally important. Managing to Motivate An essential...
IMPORTANCE OF CROSS-FUNCTIONAL TEAMS IN NEW PRODUCT DEVELOPMENT The simplest definition of cross-functional teams (or CFTs) is teams that are made up of people from different functional areas within a company – marketing, engineering, sales, and human resources, for example. These teams take many forms, but they are most often...
METHODS OF ACHIEVING ECONOMIES OF SCOPE Economies of scope are cost advantages that result when firms provide a variety of products rather than specializing in the production or delivery of a single product. Economies of scope also exist if a firm can produce a given level of output of each...
STEPS IN CREATING A DISASTER PLANNING AND RECOVERY STRATEGY Business owners are strongly encouraged to make contingency plans for responding to and recovering from disasters that may befall them. Analysts note that disasters – whether they take the form of floods, fires, or power outage – can have a devastating...
STEPS TOWARD IMPROVING CORPORATE IMAGE AND IDENTITY Corporate image, or reputation, describes the manner in which a company, its activities, and its products or services are perceived by outsiders. In a competitive business climate, many businesses actively work to create and communicate a positive image to their customers, shareholders, the...
STEPS IN WRITING A SUCCESSFUL BUSINESS PROPOSAL Business proposals are documents that attempt to persuade targeted clients to buy a particular service or product. These documents which are used in academia and government as well as business and industry, may range from relatively short (a few pages) proposals to “formal”...
PROPRIETARY INFORMATION: HOW TO PROTECT TRADE SECRETS Proprietary information, also known as trade secret, is information that a company wishes to keep confidential or protect from those outside the company. The Uniform Trade Secrets Act defines trade secrets as “information that derives independent economic value from not being generally known,...
