Time management is important to any person, but particularly to student organization members and leaders. Involvement in co-curricular activities means that in addition to classes, homework, meals, jobs, and socializing, another significant chunk of time is taken up with organizational obligations. Time management is self management. While this handout will...
For most people, learning how to establish goals is the root of their motivation system. A firm belief in the importance of goals as the cornerstone of personal success is the vital first step in putting those goals to work for you. This paper explains some guidelines for creating goals...
This paper develops a model of international trade and industrial evolution. Evolution is driven by the endogenous technology choices of firms which generates a rich industrial environment that includes the potential for a dramatic shakeout of firms. The likelihood, magnitude and timing of this shakeout is characterized and depends not...
Faced with the challenges of keeping up with air permit reporting and recordkeeping requirements, many small businesses are overwhelmed. Small businesses often do not have the resources available to maintain compliance with environmental requirements. For that reason, KBEAP has developed a series of Microsoft Access databases that will make it...
The focus of this presentation is upon five pillars of successful multicultural management. These pillars are understanding, trust, communication, delegating, and mentoring. They play a very crucial role in multicultural management. Some of the findings of these have been highlighted in this presentation. These pillars were developed at Japanese-American workplace...
This presentation highlights the GE model matrix, which is instrumental for strategic analysis. It is one of the portfolios planning method. However, it suffers from several limitations. Firstly, market attractiveness replaces market growth as the dimension of industry attractiveness. Secondly, competitive strength replaces market share as the dimension by which...
Creativity involves evolving something new from the present ideas and perspectives. It requires seeing and conceptualizing things from newer, unexplored perspectives. Innovation is the ability to apply creative solutions to problem to enhance organizational productivity. The paper examines ways in which organizations can use innovation and change to survive and...
The external analysis of a firm enables the firm to obtain a clear picture of the threats and opportunities prevalent in the firm’s external environment. Having done this, the firm can devise suitable strategies to exploit the opportunities and negate the threats. These strategies facilitate the firm in gaining competitive...
Strategy of an organization involves the activities of planning, implementation, and control towards achievement of long term organizational goals. Strategic planning is imperative as it provides a definite direction for the organization in the quest of achieving success and gaining competitive advantage. The paper examines the issues involved and tools...
The balance sheet portrays the precise financial position of an organization at a particular point of time. It contains details about all the organizational expenditures and income. The balance sheet consists of three elements viz. assets, liabilities, and owner’s equity. The paper examines issues involved in the preparation of the...
Globalization occurs when a firm is able to purchase raw material, market, and sell the finished product at different locations across the globe. A large number of issues and factors are involved in expanding business operations to global markets. One of the significant issues is the adaptation of business operations...
Integrated Marketing Communication IMC is the coordination of all promotional activities to convey a customer focused promotional message. It consists of several communication channels that include advertising, publicity, and sales promotion. The paper presents an overview of IMC and discusses the issues involved therein.
An organization operates in an external and an internal environment. The external environment of a firm consists of the moves and counter moves executed by its competitors. It is imperative for the organization to conduct an external analysis and obtain a clear picture of the opportunities and threats prevailing therein....
Strategy of an organization is the roadmap towards attainment of its long term goals and objectives. Organizational strategy consists of planning, organizing, execution, and control activities. Business level strategy is the firm specific strategy that facilitates in gaining competitive advantage in the market. The paper examines issues involved in evolution...
A group is a collection of individuals who work towards attainment of a common goal. The group becomes a team when the individual members develop complimentary skills and develop interdependency towards attainment of the common goal. The paper examines group and team dynamics in organizations and discusses features of effective...
Decision making is the process of choosing a suitable course of action, to tackle a given problem, from amongst a large number of alternative courses of action. This process entails defining the problem, processing information, and generating alternatives. The paper examines the decision making process and explains conditions that affect...
Organizational Structure OS spells out the formal system of relationship between different employees in an organization. OS is the tool towards developing organizational effectiveness by creating efficient channels between different levels and positions. The paper examines different types of OS suitable for different organizations operating in different environments.
In recent years, wide proliferation of information technology has seen the emergence of Knowledge Management KM as a prime entity. Today KM systems and processes are increasingly used to enhance value of the organizations and their products. There are certain techniques, which are practiced by organizations engaged in KM. The...
Leadership is a trait to provide direction and channelize resources towards attainment of organizational goals. The paper discusses various leadership models. In this context, the role of power is also examined and a comparison is done between different leadership styles.