Innovation is doing things in new ways in order to achieve significant results and make a huge difference in performance compared to others. Innovation’s goal is to have a positive change, to make someone or something better. Innovation is also defined as new ideas that work and a successful innovation can be achieved through the creation and implementation of new processes, products, services and methods of delivery which will result in significant improvements in the profitability and enhance the growth of an enterprise. Innovation is a special case of planned change and learning that either transforms current products, services, and markets, or creates an entirely new market by introducing a radically new product or service. An organization is considered innovative if it stirs up the marketplace, by creating competitive pressures and new opportunities. It has been recognized that innovation success in an established organization requires balancing the stabilized efficiency of Continue reading
Management Articles
Leadership Characteristics – What Makes an Effective Leader
There are some specific characteristics that are found inside people who are born that seem like a developed skills and abilities which open themselves in a wise position where they look like a good leader. There are some characteristics that are found in a good leadership skill and these qualities can be a natural part of their personality and daily activities. First, confidence that must appear from a person like trustness and believing in their own abilities. And also can be said that someone empowers their working for them to make their own decisions. For example, make a decisions following on their own idea like creating something new and with some experience like a student doing their best in their final exam with a lot hopes and also the confidence comes from the parents and teacher who guides and approaches them at all the times. Second, a good character  plays Continue reading
Differences Between Profit and Non Profit Organizations
A profit organization is a social arrangement which pursues collective goals, controls its own performance, and has a boundary separating it from its environment.  Profit organization is a business which has a primary goal of making profit and a proposed goal such as helping the environment. An organization is defined by the elements that are part of it its  communication, its autonomy, and its rules of action compared to outside events. A non profit organization is a group organized for purposes other than generating profit and in which no part of the organization’s income is distributed to its members, directors, or officers. Non profit corporations are often termed “non-stock corporations.” They can take the form of a  corporation, an  individual enterprise  (for example, individual charitable contributions),  unincorporated association,  partnership,  foundation  (distinguished by its endowment by a founder, it takes the form of a trusteeship), or  condominium  (joint ownership of common Continue reading
General Self-Efficacy Scale (GSE)
Self-efficacy can be defined as an individual’s belief concerning their ability to meet desired outcomes in life and was first introduced by Albert Bandura. Bandura sets an establishment of relationship between a person’s own perceived self-efficacy and their attempt he/she is willing to expend to face challenges and goals throughout their life, specifically cognitive, affective, and motivational. The Cognitive Social Theory was framed by Bandura and his perceived self-efficacy which then became widespread as Mathias Jerusalem and Ralf Schwarzer established the one-dimensional, universal construct of the General Self-Efficacy Scale (GSE). The General Self-Efficacy Scale (GSE) was later created by Jerusalem and Schwarzer which was developed in German in 1979. It later was adapted into 26 other languages by a various number of co-authors and was originally twenty items but was reduced to 10 in 1981. Actions can be seen as preshaped in thought and once certain actions are thought of Continue reading
Importance of Leadership for Organizational Excellence
A leader is someone who exercise influence over subordinate and other people without using threats or power for the only sake of the benefit or welfare of the community or groups so chosen or elected him/her as their leader. It would not be meaningless to say that a leader is someone who influences others through motivation and people likes to obey him or her willfully not in compulsion. A leader is person who represents the urges and requirements of his community or group and his all actions are only for the welfare and benefits of his groups. Generally leaders are of two kinds’ formal leaders and informal leaders. A leader who is appointed as leader and has been delegated some power under the shelter of a particular rank or position to perform the particular object. A formal leader is not a natural leader because such leaders are selected or elected Continue reading
Important Features of Japanese Management
The culture of Japanese management is generally limited to Japan’s large corporations. These flagships of the Japanese economy provide their workers with excellent salaries and working conditions and secure employment. These companies and their employees represent the business elite of Japan: qualification for employment is limited to the men and the few women who graduate from the top thirty colleges and universities in Japan. Placement and advancement of Japanese workers is heavily based on educational background. The students, who are not admitted to the most highly rated colleges, rarely have the chance to work for a large company; instead, they have to seek positions in small and medium-sized firms that cannot offer comparable benefits and prestige. The quality of one’s education and, more important, the college attended, play a decisive roles in a person’s career. The problem is that few Japanese attend graduate school, and graduate training in business per Continue reading