CREATING FUN IN THE WORKPLACE The perception is still widespread that work should not be fun, that fun is something you earn only after you’ve worked hard. That position, once the bedrock of workplace behavior, is changing. Many companies have shown that the integration of fun and work not only […]
Management
MANAGING TODAY’S ANGRY WORKFORCE Shareholders and board members expect corporate growth, no matter the state of the economy. To make that growth happen, top management are putting pressure on their workers, using employee cutbacks to increase profits if there aren’t any other ways. The backlash is twofold. Where jobs are […]
REASONS WHY BUSINESSES PURCHASE CREDIT Credit is a transaction between two parties in which one, acting as a creditor or lender, supplies the other, the debtor or borrower, with money, goods, services, or securities in return for the promise of future payment. As a financial transaction, credit is the purchase […]
HOW CANNIBALIZATION CAN BOOST SALES Cannibalization is a phenomenon that results when a firm develops a new product or service that steals business or market share from one or more of its existing products and services. Thus one product may take sales from another offering in a product line. Although […]
WHY TAILORING BUSINESS PLAN TO SPECIFIC AUDIENCES IS IMPORTANT Business plans are organized to address major concerns and interests of their intended audience. They are commonly tailored to a specific audience by emphasizing aspects that directly relate to the interest of the reader. For example, a business plan written to […]
STRATEGIES FOR MANAGING STRESS Why is it that some people under stress can still move forward while others sit depressed, withdraw, or become physically sick? Given that so many stressors are inevitable and beyond our control, the most critical lesson of stress management is not to aim to eliminate all […]
MANAGING STRESS: THE PREVALENCE AND DANGERS OF STRESS The demands of work are ever increasing, and organizations are expecting managers will do more and more with less and less. A recent survey of Nigerian workers found almost 80 percent of employees felt the previous year was their most stressful ever […]
TECHNOLOGY THAT SUPPORTS PERFORMANCE The workplace has grown too complex for organizations to expect their workers to perform without technological support. But in turn, technology has developed to the point where we must be far more cognizant that we have been about the kinds of support provided. As we move […]
MEETING TODAY’S PERFORMANCE CHALLENGES What is your organization’s greatest internal asset? The right answer: the people who work for your organization. But the workforce and today’s market pressures place great demands on that assets today. Here are some of the most important imperatives facing workers today. Provide higher-quality goods and […]
RECOMMENDED ELEMENTS OF PARTNERSHIP AGREEMENT Partnership agreements are written documents that explicitly detail the relationship between the business partners, as well as their individual obligations and contributions to the partnership. Since partnership agreements should cover all possible business situations that could arise during the life of the partnership, the documents […]