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

Benefits of Corporate Retreats in Organizations

Corporate retreats can be of any type, such as a sport retreat, or a seminar-style retreat. They are to promote a feeling of teamwork and to build a better understanding among company employees. Corporate retreats can also help employees gain some problem-solving skills that lead to better teamwork and better overall productivity. These team-building activities focus on events where everyone has to work together to reach a common goal. The examples are river rafting, rock climbing, mountain climbing, everyone hiking blindfolded while holding on the same rope, team scavenger hunts, friendly competitions between company departments, etc. Corporate retreats can be customized to fit the company’s need. They can make the employees learn about what the temporary retreat goals are, as well as the long-term results that the company is striving for. Why corporate retreats can increase productivity? This is because organizations can derive some valuable skills from corporate retreats. These Continue reading

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Collective Bargaining and the Negotiation Process

Collective bargaining is accurately an automated relations apparatus or tool, and is an aspect of negotiation, applicable to the application relationship. As a process, the two are in essence the same, and the attempt applicative to negotiations is participation ant to aggregate bargaining as well. However, some differences charge to be noted. In aggregate bargaining the abutment consistently have an aggregate absorption back the negotiations are for the account of several employees. Area aggregate bargaining is not for one employer but for several, aggregate interests become affection for both parties to the bargaining process. In negotiations in non-employment situations, aggregate interests are less, or non-existent, except when states accommodate with anniversary other. Further, in labor relations, negotiations absorb the public absorption such as area negotiations are on accomplishment, which can papules on prices. This is around accustomed back an affair or the parties seek the abutment of the public, especially Continue reading

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Six Elements of Organizational Structure

An organizational structure is a diagram displaying the hierarchical arrangement of lines of authority, roles and duties within an organisation and how they relate to one another. A structure is dependent upon the objectives and strategy of which the organization is focussed on. There are six basic elements of an organizational structure: Specialisation Departmentalisation Chain of Command Span of control Centralisation and Decentralisation Formalisation Work specialization gives employees specific duties and roles they are expected to perform within the company, factoring in their qualifications and skills. Having descriptions of duties for staff members helps the organisation to fully meet the workforce needs and to ensure there are no unnecessary duplications within roles. Departmentalization refers to how the organisation breaks down the functions and teams needed to run the company and carry out the essential tasks. Departments are usually made up of staff members who perform similar tasks in the same Continue reading

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Role and Importance of Advertising

Advertising is part of Marketing. In order to stimulate customer response always the advertisement is a good opportunity for the company to promote. The more people see the product/service, the more they feel like buying it. So many companies rely on advertising these days to boost sales of their products or services, to build a connection with their audience and to create competition with their rival firms. There are different types to gain customer’s awareness like advertising, and promotion, Also there are different places that advertisements can be positioned, using the metro, trams, buses, restaurants and so on The advertising objectives should support main company’s goal and should be discussed with company-client in order to avoid misunderstanding. The advertising roles are based on company’s marketing strategy, like; Increase sales, Increase brand awareness and Supporting other market efforts. Advertising gives companies and businesses the opportunity to build up a brand and Continue reading

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Growth of Development Banks

Although development banks attracted great attention after World War II but there one insurances or such institutions even much earlier, First development bank was found in Belgium in 1822. The purpose of financing and promoting industry. It was a joint stock bank which nursed funds through the sale of shares and bonds in order to finance; commercial and industrial enterprises. This new technique of banking got impetus only in 1852 when ‘Credit Mobilize of France’ was set up. It mobilized resources through the sale of bonds and promissory notes and made long-term investments particularly in public utility undertakings, railways, insurance companies and banks. It set a model for similar investment banks established in Germany, Austria, Belgium, Netherlands, Italy, Spain and Switzerland. Throughout the 19th century, the Credit Mobilize provided a great appeal to all countries which wanted to develop industries on a fast pace. In 1902, Industrial Bank of Japan Continue reading

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The Lessons from Enron: The Importance of Proper Internal Controls

The events were finally resulting the filing for bankruptcy in December 2001, started way much before fraud at Enron could be even suspected.  Andersen played a major role in the collapse of Enron.  Andersen failed two times regarding audit issues just a few years short time before the collapse of Enron, at Waste Management in 1996 and at Sunbeam in 1997. The two audit failures mentioned above should have been huge warning signs for Andersen to protect itself against another client failure but what they had to face regarding Enron was worse than they ever had.  Some internal memos at Andersen made it clear that several conflicts existed between the auditors and the audit committee of Enron.   These memos contained several e-mails as well which expressed concerns about accounting practices used by Enron.  David B. Duncan as the leading partner on the audit tipped over these concern. There is Continue reading

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