Participative Management – Workers Participation in Management

Human Resource Management

Case Study on Entrepreneurship: Larry Page

Business Analysis

The Boundaryless Career: Modern Contemperory Perspective on Career

Human Resource Management

Concepts of Throughput Accounting and Theory of Constraints

Financial Management

Gantt Charts – Tool for Project Planning and Scheduling

Project Management

What are the Key Differences Between Leaders and Managers?

The difference between leader and manager can be summarized this way: “When you are a leader, you work from the heart. As a manager, you work from the head.” Although it is probably more complex than that, the point to remember is the difference between what you do as a leader and what you do as a manager-and the constant need to be able to do both. Furthermore, the head and heart need to be partners, not independent operators. Leaders are trailblazers, they set new routes for others to follow, and are essentially fearless and adventurous, whereas managers seek conformity with corporate ideals and procedures. Through management, the company seeks compliance with the work assigned to the workforce; initiates action for ensuring that the workforce conforms and complies with their duties and responsibilities towards the organization. Thus, manufacturing new products and entering new product markets would need leadership roles while Continue reading

Abey Francis

Mines Game Economics: What a 25-Tile Grid Teaches About Expected Value and Stopping Rules

Business schools spend weeks teaching expected value, risk appetite and the discipline of exiting a position. A compact digital format now condenses all three into a five by five grid. Bitz, which operates a mines game, released aggregate play data showing where users actually stop revealing tiles, and the pattern will look familiar to anyone who has studied how managers handle troubled projects: most people stop too late, and the ones who stop early rarely trust the math that told them to. The mechanics take one sentence to explain. A number of mines, commonly three, hide under 25 tiles, each safe tile you reveal grows a multiplier, and hitting a mine erases the round’s winnings. The arithmetic nobody feels Start with the numbers, because they are checkable by hand. With 3 mines under 25 tiles, the first pick is safe with probability 22/25, or 88 percent. Survive five picks in a Continue reading

Abey Francis

When Crypto Trades Get Bigger: Why OTC Desks Become the Smarter Option

Crypto trading often starts with a simple exchange order. For smaller amounts, this is usually enough: the user selects an asset, enters the amount and executes the transaction directly through the platform. But once crypto trades become larger, the situation changes. Price movements, available liquidity, timing and settlement details suddenly matter much more. A trade that looks simple on the surface can become expensive if it moves the market or is executed at an unfavourable average price. This is where OTC desks come into play. OTC stands for “over the counter” and refers to trades that are handled privately instead of being placed directly into a public order book. For larger crypto transactions, this can be the smarter option because it gives the client more control over execution, pricing and settlement. Why Standard Exchange Trading Has Limits Public exchanges are efficient, but they are not always ideal for larger transactions. Continue reading

Abey Francis

Rumours in Business Organizations

Rumors have been a regular feature of society for as long as it has existed and can have adverse effects on people, especially within the business context. Rumors within businesses can alter the social perceptions within by affect the attitudes and behaviors of people as well as increasing hostilities. To understand the effects of rumors, we must define what a rumor is and what the different components are, as well as distinguishing the difference between rumors and gossip. Definition of Roumours in Organization Context The phenomena of rumors have been studied since the mid-20th century and as such there have been many different definitions published. One of the first definitions was by Allport & Postman (1947), defining it as “a specific (or topical) proposition for belief, passed along from person to person, usually by word of mouth, without secure standards of evidence being present”. While this definition has held up Continue reading

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6 Tips on Choosing the Right Forex Broker

So, you have decided to enter the forex market and start trading? You have most likely done quite a lot of learning here, before making that particular decision, and there is absolutely no doubt that you are ready to start trading now that you have decided to do it. Sure, you will never be 100% ready, and there is always some risk involved, but you have most likely been learning a lot about this, and you feel confident enough to give it a go. Read more about forex trading in general: https://moneysmart.gov.au/investment-warnings/forex-trading Now, of course, in order to give this a go, one of the main things you will have to do is, naturally, find and choose the right forex broker for yourself. You know that choosing the right platform is of extreme importance, and you absolutely know better than to make a random choice and hope for the best. Continue reading

Abey Francis

How to Combine a Money-Back Plan with a Child Plan for Goal-Based Savings

Every parent has a version of the same worry sitting quietly at the back of their mind. Will there be enough money when it actually matters? When the school fees jump in Class 11. When college admissions open up. When the engineering or medical seat needs to be confirmed with a large payment within days. Most parents save something. But saving without a structure means the money is either not enough at the right time or tied up somewhere it cannot be reached when needed. That is the gap a proper goal-based savings approach fills. Combining a money-back plan with a child plan is one of the more practical ways to build that structure. Each product does something different. Together, they cover the full picture. What Each Plan Actually Does Before getting into how they work together, a quick explanation of each. A money-back plan is a life insurance product Continue reading

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