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BNET Business Dictionary

Management: the use of professional skills for identifying and achieving organizational objectives through the deployment of appropriate resources. Management involves identifying what needs to be done, and organizing and supporting others...; Management definition on BNET »

BNET Resources

mirage in the VALLEY OF THE SUN, the: ABSTRACT The Valley of the Sun, a booming metropolitan region of 3.7 million people in a desert that gets seven inches of annual rainfall, has enjoyed an oasis lifestyle during the twentieth century, supported by government-funded reclamation projects and water pumped from aquifers deep underground. Following World War II, groundwater...; Tags: A., American, Bureau, CARTER, Growth, History, Jacob, James, John, Jr., Management, Phoenix Technologies, Press, Salt River Project, Scottsdale, Sun Microsystems Inc., Tucson, West, Western, William; Research articles 2008-07-01
Guy Kawasaki on "The Back of the Napkin": The Find: Got a complex business problem? Of course you have to run the numbers, but one author argues that you should also sit down with a pen and paper and spend some time doodling. The Source: An interview conducted by venture capitalist Guy Kawasaki with Dan...; Tags: Jessica Stillman, Team Management, Manufacturing, Financing Startups, Finance, Strategy, Management, Investment, Food & Beverage, Venture Capital, Globalization, Guy Kawasaki; Blog posts 2008-08-05
Will Shipping Fuel Price Hikes Scuttle Globalization?: Last weekend, I had to feel salt water. In my case, that means a short drive down to the Hampton Roads, Va. area where I get the extra benefit of seeing the big container ships roll in with their cargoes of cars, white goods, T shirts and place mats. I...; Tags: Peter Galuszka, Management, Strategy, Transportation, Globalization, Times, Ship; Blog posts 2008-08-05
Ten Steps to Being a Great Manager: Top ten lists on blogs often represent cynical efforts to get more traffic. They may make a few good points, but mostly spout pablum.Â But there are good ones. The newspaper management guru Jill Geisler has assembled a list of Ten Things Great Bosses Know that draw from columns she's...; Tags: Blog, Point, Blogging, Leadership, Emotional Intelligence, Internet, Management, Tools & Techniques, Michael Fitzgerald; Blog posts 2008-08-05
Planning for the Upturn: Downturn? Upturn! It might sound like the PBS version of how the top-floor management tries to bewitch what's left of the rest of the company into being happy about the latest restructuring. But it could also be a sound plan for a firm that would otherwise simply flounder under...; Tags: Strategy, Strategic Planning, Farashuddin, Professional Development, Asaf Farashuddin, Visteon Corp., Michael Fitzgerald, Management, Career; Blog posts 2008-08-04

Business Lessons from Alice in Wonderland: The Find: Like Lewis Carroll's red queen, companies in a cut-throat business environment can put so much effort into just keeping up with the competition that they fail to see they're getting no advantage for all their effort. The Source: The Random Rantings blog of Freek Vermeulen,...; Tags: Strategy, Jessica Stillman, Management, Human Resources, Internet, Benefits, Blogging, Alice, Freek Vermeulen, Competitor, Professor; Blog posts 2008-07-31
Who to Bribe in China and How Much: Kickback. Carrot. Sweetener. Inducement. Backhander. Theyâ€™re all synonyms for "bribe." Whatever you call it, bribery's just a normal part of doing business in certain corners of the world. China, for example. For all its pre-Olympics tightening-up, business in China is still fueled by bribery. At least thatâ€™s...; Tags: Michael Mattis, Marketing, Personal Technology, Management, Leadership, China, Bribe, Bribery, Strategy, Business Ethics, Games, Advertising & Promotion; Blog posts 2008-07-31
Innovation Is Not Overrated: I was catching up on Sean Silverthorne's excellent blog and found this link to a post by Scott Berkun on Why Innovation is Overrated. Berkun makes a few reasonable points -- most people don't talk about 'innovation' in everyday conversation. Where it does get used, it's done...; Tags: Strategy, Management, Michael Fitzgerald, Innovation, Berkun, Leadership; Blog posts 2008-07-29
Why IT Not Only Matters, But Now More Than Ever: When Nicholas Carr argued famously and contentiously a few years back that IT doesn't matter anymore, his more subtle point was missed. Having effective IT just means you are part of the competitive status quo. Most of your competitors will have similar technology to yours, so...; Tags: Sean Silverthorne, Management, Strategy, Information Technology; Blog posts 2008-07-29
Good CSR Can Get You Cheaper MBAs: Practice good corporate responsibility and youâ€™ll be able to hire fresh-out-of-the-gate MBAs at a deep discount, according to a new study by the Stanford University Graduate School of Business. The study showed that 97 per cent of the studyâ€™s 759 subjects would be willing to sacrifice an...; Tags: Leadership, Business Ethics, Study, MBA, Michael Mattis, Management; Blog posts 2008-07-28
Scientists Urge Execs to Be Choosy about Choices: The Find: The ability to make good decisions is key to management and rests on a brain function called "executive function," but psychologists warn that this decision making function is far more easily depleted than once thought. The Source: A fascinating article in Scientific American....; Tags: Workforce Management, Human Resources, Management, Recruitment & Selection, Tools & Techniques, Executive Function, Cookie, Decision, Decision-making, Job, Jessica Stillman; Blog posts 2008-07-25
LinkedIn: The Business Antidote to Facebook?: Expanding on yesterday's blog on the diminishing ROI for business users of Facebook, Harvard Business Online blogger John SvioklaÂ checks in with a positive look at its main competitor for business users, LinkedIn. His take: LinkedIn delivers tremendous reach to business professionals for a relatively small investment....; Tags: Sean Silverthorne, Human Resources, Internet, Finance, Facebook, LinkedIn, John Sviokla, Roi/Tco, Blogging, Strategic Planning, Recruitment & Selection, Workforce Management, Management, Managerial Accounting, Strategy; Blog posts 2008-07-25
Business Ethics Begins on Your Hard Drive: Come on, fess up. Is all of that software on your home computer legal (as in, you purchased it instead of copying the version your foolish friend just bought)? Apparently it's not just you. According to the 2007 State Piracy Study by the Business Software Alliance BSA,...; Tags: Lindsay Blakely, Leadership, Management, Business Ethics, Tools & Techniques, Hard Drive, Business Software Alliance, Software; Blog posts 2008-07-24
Behind the Bust: Bad Ethics Or Bad Luck?: Is Wall Street's manage-to-the-numbers approach the reason we're in the economic mess we're in? That's the argument of Gresham's Law and the Shaky Nature of Today's Business Ethics on the Slow Leadership blog. Gresham's Law, it tells us, is a 16th century maxim that 'bad' money (with...; Tags: Management, Leadership, Construction, Business Ethics, Gresham, Wall, Ethics, Michael Fitzgerald; Blog posts 2008-07-24
A New Vision of Leadership: In a move that's either completely self-aggrandizing or wildly enthusiastic, Tom Peters gives two thumbs up all by himself to Leadership the Hard Way, by Dov Frohman. Either way, it's obvious from his post, Believe It or Not: An Original Take on Leadership that he likes the book, which...; Tags: Michael Fitzgerald, Management, Leadership, Dov Frohman, Vision; Blog posts 2008-07-22
Stanford Study: People Will Lend a Helping Hand: The Find: Recent research reveals almost all of us vastly underestimate the number of people willing to offer help if confronted with a direct request. The Source: New research from Stanford Graduate School of Business reported in the...; Tags: Management, Tools & Techniques, Favor, Researcher, Stanford Knowledgebase, Jessica Stillman; Blog posts 2008-07-21
Leadership Secrets of the Ritz-Carlton | Useful Commute Podcast: The Ritz-Carlton is known around the world for its extraordinary hospitality and service because its leaders have created a corporate culture that customer-focued. Bestselling author Joseph Michelli was granted unprecedented access to the companyâ€™s executives and staff and learns the innovative methods the company uses to inspire employees and create...; Tags: BNET Staff, Management, Podcasts, Leadership, Internet, Ritz-Carlton; Blog posts 2008-07-21
Collaboration and Inspiration at BlogHer '08: This past weekend I attended BlogHer '08, an annual conference that attracts primarily female bloggers from all spheres of interest. I expected to get a lot of value out of the workshops and panel discussions, and I did, but I also got a bonus benefit: sparks of inspiration fostered by...; Tags: Entrepreneurship, Entrepreneurial, Conference, Blogger, Inspiration, Enterprise Software, Blogging, Management, Groupware, Collaboration, Internet, CC Holland, Software; Blog posts 2008-07-20
The Secrets to Successful Strategy Execution: A brilliant strategy may put you on the competitive map. But only solid execution keeps you there. Unfortunately, most companies struggle with implementation. That's because they overrely on structural changes, such as reorganization, to execute their...; Tags: In Brief, Harvard Business Review, Management, Elizabeth Powers, Performance, Karla L. Martin, Gary L. Neilson, Strategy; Articles 2008-07-18
Reaching Your Potential: Despite racking up impressive accomplishments, you feel frustrated with your career--convinced you should be achieving more. You may even wish you had chosen a different career altogether. These feelings often stem from a common error:...; Tags: Harvard Business Review, Career, Management, Professional Development, Leadership, Job, Robert S. Kaplan, In Brief; Articles 2008-07-18