Management is the efficiency in climbing the ladder of success; leadership determines whether the ladder is leaning against the right wall - Stephone Convey. All corporations, whether big or small, continuously seek an ideal person with both leadership and management skills. It is no wonder why workplaces depend on those in management positions. They are considered as the engine of the corporation.When looking at management and leadership closely, it is evident that they both have … [Read more...] about Similarities Between Leadership and Management
A strong and stable management team is the key to success in any corporation. However, sometimes managers become victims of a particular behaviour called micromanagement. The meaning is what it sounds like; someone monitoring the micro things of every move of the subordinates.There are many reasons why managers use the Micromanagement technique. Some are due to psychological components. Others are reputation-based reasons. Whatever the reason, it only leads to a downfall performance among … [Read more...] about Why Do Managers Micromanage?
Performance appraisal refers to the documentation and evaluation of the employees ’ job performance. It plays an important role in the career development of an employee. Yearly performance appraisal of employees helps the company to boost up its productivity and achieve its objectives.Performance appraisal is the practice of enhancing the employee’s focus on work by promoting trust. Though performance appraisal is a positive measure and brings great changes in the overall performance of … [Read more...] about Modern Methods of Performance Appraisal
Selecting the best option among lots of different alternatives for the sake of the company’s success is no doubt, the most significant actions to increase the productivity of an organization. That’s why decision making plays an important role in boosting up the efficiency of a company. It depends upon the process of decision making whether the organization will be able to gain higher revenue the following year or not.Decision making is quite an overwhelming task for management. Managers have … [Read more...] about Types of Decision Making in Management
Organizing is the process of arranging tasks systematically according to their requirements. It helps in the arrangement and management of any activity with the help of people.Organizing by HeimonnAccording to Theo heimonn: Organizing is the process of arranging several activities according to their purpose and requirement in specific sequential order. So that; It is easy for workers to set their priorities that which task they have to do first and which in second.According to … [Read more...] about What is Organizing?
When it comes to organizations, there are several factors that contribute to an organization’s success. With new advancements, an important factor that has come to light, significant for organizational development, is the importance of emotional intelligence at the workplace.In today’s world, it’s crucial to understand the concept of emotional intelligence to boost your business and start making better working strategies.In a survey done in 2011 by career builder, nearly 71% of … [Read more...] about Emotional Intelligence at the Workplace: Is it Important?