Organizational Health – Concept, Dimensions, and Characteristics

Management Concepts

Organizational Health Approach – Building a Strong Workplace

Modern Management Concepts

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

The Purpose of Research

Research is the process of a systematic and in-depth study or search of any particular topic, subject or area of investigation, involving collection, compilation, presentation and interpretation of relevant details or data. It is a careful search or inquiry into any subject matter, which is an  endeavor  to discover to find out valuable facts which would be useful for solving problems or improving existing solutions to problems. The research that involves scientific analysis would result in the formulation of new theories, the discovery of new techniques, modification of old concepts or a knocking-off an existing theory, concept or technique. Research has proved to be a powerful tool in driving the mankind towards development. That is why, the terms Research and Development (R and D) are now used as twins as Research & Development (R&D). John W.Best observes that, “the secret of our development has been research pushing back the areas Continue reading

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Control Mechanisms for Multinational Enterprises

Controlling is tool for achieving organizational goals and activities. Control is management’s planning, implementation, evaluation, and correction of performance to ensure that the organization meets its objectives in the short, medium and long terms. In the case of Multinational Enterprises, the top management’s toughest challenge is to balance the company’s global needs with its need to adapt to country-level differences. Read:  Control in Multinational Enterprises Some of the mechanisms that Multinational Enterprises  use to help ensure that control is implemented are given below: 1. Corporate Culture Every company has certain common values that its employees share, expect fellow members to follow. Corporate culture is a form of implicit control mechanism that helps enforce the company’s explicit control mechanisms. Employees conform to company traditions of work commitment, interactions with customers and so on. These are unwritten, informal, but more effective. But MNEs have more difficulty relying on a corporate culture for Continue reading

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How to Manage Innovation?

When we think about innovation one question arises in the mind: Does the innovation come naturally? Or it may be taught. The answer is that everyone can be creative and innovative the only requirement is to encourage the innovation among people. Innovation is real work and it can & should be managed like any other corporate function but that does not mean it is the same as other business activities. Indeed, innovation is the work of knowing rather than doing. Buzz today is to encourage and manage innovation through innovation management. One strategy to build up an innovative organization is getting people to accept that the way they work just might not be the best. The most important thing is to help people broaden their perspective. Innovation is like a sky with horizons defined. These horizons can only be broaden through innovation. There is no agreed definition of Innovation Management. Continue reading

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Commonly used Computer Input Devices

You can now enter data and commands directly and easily into a computer system through pointing devices like electronic mice and touch pads, and technologies like political scanning, handwriting conviction, and voice recognition. These developments have made it unnecessary to always record data on paper source documents (such as sales order forms, for example) and then keyboard the data into a computer in an additional data entry step. Further improvements in voice recognition and other technologies should enable an even more natural user interface in the future. Pointing Devices: Keyboards are still the most widely used devices for entering data and text into computer systems. However, pointing devices are a better alternative for issuing commands, making choices, and responding to prompts displays on your video screen. They work with you operating systems graphical user interface (GUI), which presents you with icons, menus, windows, buttons, bars, and so on, for your Continue reading

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Portfolio Construction

All portfolios, whether they are stock or bond portfolios, are compared to benchmarks to gauge their performance; indices or peer group statistics are used to monitor the success of each fund. As composites, the indices can be thought of as similar to polls: a polling firm that seeks to understand what a certain population thinks about a certain issue will ask representatives of that cross-section of the population. Similarly, a stock or bond benchmark that seeks to measure a certain portion of the market will simply compile the values of representative stocks or bonds. Portfolio construction refers to the manner in which securities are selected and then weighted in the overall mix of the portfolio with respect to these indices. Portfolio construction is a fairly recent phenomenon, and has been driven by the advent of modern portfolio theory. 1. Passive investors or index funds Portfolios that are constructed to mimic Continue reading

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History and Background of Amazon

Considered a pioneer in online retailing, Amazon.com, Inc. expanded during the late 1990s to offer the “Earth’s Biggest Selection” of books, CDs, videos, DVDs, electronics, toys, tools, home furnishings and housewares, apparel, and kitchen gadgets. Through third-party agreements, Amazon.com also sells products from well-known retailers including Toysrus.com Inc., Target Corporation, Circuit City Stores Inc., the Borders Group, Waterstones, Expedia Inc., Hotwire, National Leisure Group Inc., and Virgin Wines. Sometimes criticized for its focus on market share over profits, Amazon.com put investor fears to rest when it secured its first net profit during the fourth quarter of 2001. The Early 1990s: Beginnings Throughout the 1990s, the popularity of the Internet and World Wide Web swept across the world, and personal computers in most businesses and households got hooked up in some form or another to Internet providers and Web browser software. As use of the Internet became more prevalent in society, Continue reading

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