Modern Management Practices

The Importance of Going Green

A definition of green management according to is the process within an organization of applying innovation in order to achieve sustainability, waste reduction, social responsibility and a competitive advantage by the aids of continuous learning and development. Organizations shall be doing such developments, by implementing environmental goals and strategies which match the goals and strategies of the organization. This will therefore help the organization to stay focused to its mission and vision.

Nowadays, it is found that companies advertise their products by promoting their environmentally – friendly behavior. It does not matter whether it is on TV or on banner; the message of “go green” is almost always used.… Read the rest

Abey Francis

14 Secrets of Successful Team Building

A team is where a group of individuals work together and help to all achieve the same goal or outcome. A team is an organized group of people who work together cooperatively and collaboratively. They coordinate their efforts to the same purpose and work towards achieving shared goals. All team members share joint accountability, mutual trust, and respect, and work to achieve shared goals. In a team, there tends to be a common team purpose where individual team members’ talents are put together to achieve a common purpose or goal.

When building a team, you need to make sure individuals are aware of their job role and responsibilities and if so, who’s taking leadership and who’s accountable for each task.… Read the rest

Abey Francis

Corporate Social Responsibility as a Source of Competitive Advantage

Corporate Social Responsibility (CSR) means that a corporation should be held accountable for any of its actions that affect people, their communities and their environment; it may require a company to forgo some profits if its social impacts are seriously harmful to the corporation’s stakeholders or if its funds can be used to promote a positive social good. Tougher competition recently has compelled the firms to adopt something that is different from their rivals and has also put a pressure on the firms to examine their philanthropy and other social activities, by doing so the company can sometimes achieve a strategic advantage over its competitors.… Read the rest

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What Is Coworking?

One of the grimmest predictions about the future was described by Robert Putnam in his work on social capital. He envisaged low likelihood of participation in community life, smaller groups of friends, even less happiness, and lower perceived quality of life. Furthermore, the enthusiasts of globalization and internet predicted that since people do not have to be together in order to work together, so simply they will not be. Both of these statements are deemed fallacious when recent innovative developments like coworking spaces are considered. Instead of dividing people and further rupturing community life, they reintroduce collaboration and community building through establishing an innovative office design that is being implemented worldwide.… Read the rest

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Regeneration of Offices and Modern Approaches to Working

Design of a contemporary workspace has a responsibility to comply with current respect of social change, work flexibility, evolving technology, sustainability and a diverse workplace. Current offices are in need of constant innovative solutions that will sustain the modern way of development in co- working places.

Contemporary offices are in need of stable development and adjustments to existing social principles. Present day work environment has significantly changed throughout the decade. Co-working office spaces are now in need of a relaxed atmosphere. Studies show that contemporary culture in the way people work allow them to prosper better within the business markets. Twenty-first century office design comprises in merging single user and collaborative needs to give the best possible opportunities.… Read the rest

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A Brief Introduction to Six Sigma Methodology

The creation of Six Sigma Methodology is understood to be traced back to Carl Friedrich Gauss and introduced as a measurement in variation in organizations.  Six Sigma name comes from the Greek alphabet “Sigma” which mathematician or statisticians uses in statistics to find a standard deviation.  Motorola was the first company to use Six Sigma, to measure the quality of products and services from within.  In the process of Motorola using Six Sigma, it helped them to pinpoint mistakes such as finances and operations.  Six Sigma’s core philosophy was based on business process and customer requirements, extensive training to employees, focus on the organization, and creating an improved system.… Read the rest

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