Management Information


Management Information

Characteristics/Attributes of a Lean Operation


Fundamentals in Place? There is a designated place for everything and everything is in its place. No time is wasted while looking for things.

Never Punish Yourself or Others for Failures


If you want to find success in various ramifications, be it in business or personal relationship, don't punish yourself or others for mistakes, or blunders, or failures, instead encourage yourself.Kim Woo-Choong, founder and chairman of Daewoo, said, "One of my employee went to a casino and lost $10, 000 of the company's money which would certainly get him fired by a normal manager.

Is Chess Good for Management?


The game of chess has been applauded and taught in business school as a game that gingers creative intelligence.Chess is a game involving kings, queens, bishops, knights, castles, and pawns like a real life.

3 Reasons Why CRM Strategies Fail


Customer relationship management (CRM) is one of the most effective tools for improving customer relationships and therefore increasing revenue, customer satisfaction, and customer retention. Unfortunately, some CRM strategies fail.

Quick Tips On Bringing Out The Best In People


Want to bring out the best in people?Edward W. Smith, motivational speaker, author and TV show host, who specializes in quick tips on how to move your life ahead even faster, offers the following advice.

Sharing the Reins: 10 Reasons To Sell Your Company To Your Employees


In 1987 I sold my business, South Mountain Company, to my employees (and myself). My sole proprietorship became an employee-owned cooperative corporation.

Attract and Retain Positively Great Employees - An Action Plan for Employee Training


Everyday a business owner, CEO, or manager somewhere is complaining about the lack of good employees. On the same day, in a break room, employees are complaining about the lack of good jobs.

Lean Principles in Action


AbstractThe electrical products industry is one characterized by fierce competition, declining margins, and legislative regulations, all that have forced the majority of electrical product manufacturers to rethink their business models. This article describes a successful story from a leading electrical products manufacturer and its journey towards lean, which to date, has saved the company over $65 Million in hard -dollar savings.

Inventory Management 101


Inventory management may seem complicated to some, but if one truly thinks about what the words "inventory management" mean, it is a simple concept. Inventory is basically a list of goods and materials that are held by a business and are available in stock.

Collections Management


How long does it take your customers, clients or patients to pay you for the products or services you have provided?Have you developed a consistent collection management program?Your answer to the above questions is a leading indicator as to how well you collection management is. Sending an invoice doesn't always result in payment.

Managing Group Meetings


MANAGING SMALL MEETINGS: Keep the size of the meeting as small as possible. The larger the group, the more complicated communication becomes and the more garbled the purpose may get.

Group Meeting Disrupters


MEETING DISRUPTERS: If two participants are carrying on a personal discussion that interferes with a meeting, direct a clear and simple question to one of them. In order to avoid embarrassing them, address them by name before asking the question.

Being a Great Boss


Are you one of those bosses that people just love to hate? Maybe successful, maybe very intelligent, maybe organized and moving forward but just can't get along with people. Communication and other people skills are as important to the success of your business as your talent, knowledge and entrepreneurial drive.

Taking on Six Sigma Programs - Guidelines for In-House and Outsourcing Decisions


Based on a wild guess by a close associate of mine, there are well over 2,000 restaurants in the Manhattan area and its surrounding boroughs. Although I cannot validate the absolute accuracy of his count, I do trust it is in the ballpark, since he happens to be one of those guys who seem to know everything about everything in life (and more).

Using the Six-Sigma Methodology to Improve Wafer Fab Productivity


As a result of consolidation of operations and significantly increased production requirements, Intersil's main Fab was facing bottlenecks in supply versus demand. Intersil enlisted Tefen USA first to support identifying the Fab bottleneck, and then to develop a comprehensive roadmap for capacity and cycle time improvements.

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MORE RESOURCES:
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Forbes

Kavanaugh: Why Fresh Allegations Raise Further Crisis-Management Challenges
Forbes
In dealing with unexpected negative information, leadership must decide whether the situation is merely an isolated incident, whose consequences will quickly fade, or a crisis, which, if not dealt with, will metastasize and cause increasing ...

and more »


CNN

Kavanaugh takes a crisis-management cue from the Clintons
CNN
(CNN) When Donald Trump talks about how to deal with sexual harassment allegations, Brett Kavanaugh should listen, but he seems also to be taking some historical cues from Bill and Hillary Clinton. Trump was accused by more than a dozen women of ...

and more »


Forbes

Two Guiding Principles To Prevent Underperforming Management From Choking Sales
Forbes
In a recent Gallup survey, researchers discovered that millions of bad middle managers are choking businesses across the country through inflated salaries and poor production. These bad managers showed traits including: • Lack of understanding or ...



Bloomberg

Big-Money, Low-Profile Asset Management
Bloomberg
David Hunt, this week's guest on Masters in Business, faced a quandary when he became president and chief executive officer of Prudential Financial Inc.'s global investment-management business seven years ago: what to do about the division's name.

and more »


BNY Mellon Investment Management to close EACM Advisors
Seeking Alpha
BNY Mellon Investment Management, part of The Bank of New York Mellon (NYSE:BK), plans to wind down EACM Advisors, its multi-manager and fund of hedge funds investment manager, as a stand-alone business. EACM managed $3.9B in a combination ...

and more »


Hotel Management

Prism Hotels and Resorts picks up eight management deals
Hotel Management
Dallas-based Prism Hotels and Resorts acquired eight new management deals in Texas, Rhode Island, California and Arizona. “At Prism, we are laser focused on creating interactive personal relationships with our owners and maximizing [net operating ...



Barron's

Top 40 Wealth Management Companies
Barron's
BofA, including its Merrill Lynch and U.S. Trust wealth management units, has held the top spot in our Top 40 for 10 consecutive years. This year, for the first time, however, the second-place firm has narrowed the gap to less than $100 billion in ...



Forbes

Kavanaugh: How The Republican Leadership Broke The Four Rules Of Crisis Management
Forbes
It remains to be seen what happens at the hearing of Ford and Kavanaugh, now apparently confirmed for September 27. Through failure to adhere to the rules of crisis management, there is now greater-than-zero chance that Kavanaugh will not be confirmed.

and more »


Entrepreneur

Rallying Employees to Embrace New Management Practices
Entrepreneur
... employees feel part of the decision making process. When people know their ideas are heard and concerns listened to, they will be more committed to the outcome. I also started using the system openly for my personal tasks. Great managers build ...
PPP: Progress, Plans, Problems progress and status reporting - WeekdoneWeekdone
11 Statistics That Should Scare Every Manager - OfficevibeOfficevibe

all 5 news articles »


KING5.com

Seahawks announce management shake-up with new president and CEO
KING5.com
The Seattle Seahawks just announced a big management change. The organization promoted Chuck Arnold to team president, replacing Peter McLoughlin, whose contract was set to expire and was not renewed. Arnold has been with the franchise for 25 ...
Associated Press News - NFLAP News

all 109 news articles »

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