What is difference between project management and general management?
A project is both unique and temporary; unique, in that a project is initiated to produce a specific result, and temporary in that, once the result is achieved, the project team is disbanded. General management is permanent, and has general goals, rather than specific and unique goals.
Does a holding company allow horizontal integration?
The holding company allows a corporation, through its subsidiaries, to integrate both horizontally and vertically
What is the responsibility of the International Facility Management Association?
It conducts research, provides educational services such as facility manager certification programs, and sponsors international conferences and networking
MBO
How do you set and achieve business goals?
Once you understand what you are selling and believe in it, (if you don't believe in the product/service then fix it or find a new one) then you can start creating target goals.
Setting GoalsRecognize Your Achievements!
yay! Task 1 is done? Cross it off the list. task 2 was finished, take the wife out to dinner. You worked hard and should reward yourself along the way! Before you know it, the goals that were set will be achieved!
For more information on setting and achieving business goals, click on the related links below.
What challenges are faced by managers in the process of project cost control?
There are numerous challenges that are faced by managers in the process of project cost control. It is hard to ascertain the exact quantity and cost of the entire project and cost control becomes quite a task.
How does Robert L. Johnson describe his management style?
You have to have an ability to engage people to believe in you, while being lucky enough to be in the right place at the right time. You must be able to marshal the resources to achieve that vision
What is role of body language in making presentation?
First body language is natural and a part of communication.You cannot afford to stand still while wording a speech,some relevant movements must occur such as maintaining the eye contact,moving your hands and also using facial expressions.
Next is that it is used in most cases to vent out nervousness.By moving around you get accustomed to the fact that a lot of people are waiting to learn from you.
Also used to emphasize a point.This can be through the use of hands and gestures.
Used to clarify points.Since you as the speaker wants to get the audience to understand you,one is needed to use gestures and also facial expressions to make a point become well understood.
Finally is that body language is used to attract attention,Through the use of eye contact,movements,gestures and also facial expressions the speaker is able to make the audience listen to him and not be drawn away by any distractions.
What is a disadvantage of group decision making?
The disadvantages are that it often takes a long time to reach a group consensus and that group members may have to compromise in order to reach a consensus.
What is management in general?
Management is a pervasive activity and a process to utilize effectively and efficiently all available resources and accomplish the desired plan objectives of a micro or macro unit organisation.
What is a fixed-order quantity system?
A fixed order quantity system is the arrangement in which the inventory level is continuously monitored and replenishment stock is ordered in previously-fixed quantities whenever at-hand stock falls to the established re-order point.
"The essence of the general manager's job is to absorb the emotional strains uncertainty, interpersonal conflict, and responsibility." (Schein, via Linda A. Hill's book Becoming A Manager)
When not to use Activity Based Costing?
I would like to answer this questions humorously. Pl do not use Activity Based Costing if;
1) You do not want to understand the profitability of the products, customers, channels. the true costs and cost drivers for the profitability.
2) You do not want to set targets based on the profitability.
3) You not want to optimize the profits by optimizing customer segments
4) You do not want to optimize the processes and their costs
5) You not want to use a flexible reporting system that helps to take operating, tactical and strategic business decisions.
More on this on the link below.
What is Micky Arison's management style?
Arison has been known for his hands-on, open-door management style. Many of his employees even call him "Micky." On the other hand, Arison, too, believes in delegating authority.
What was Dave Bing's management style?
credited basketball for teaching him the discipline and competitiveness that helped him succeed in business. Teamwork was another aspect of Bing's management style that carried over from athletics.
What was Jim Cantalupo's management style?
Cantalupo was far from a tyrant, however. He posed the harshest questions in the gentlest way, and his strong people skills allowed him to gently persuade those under him to make the most difficult decisions and perform the most difficult tasks.
What was Vagit Y. Alekperov's management style?
Alekperov combined two managerial techniques, blending a capitalist-style attention to production margins with a socialist-style attention to workers.
Why do top management leadership management is essential for total quality management?
The top managers need to do well in order to help everyone else do well. They lead the company and have to hold the rest of the employees to a high standard as well.
What are factors influencing good communication?
Communication skills are indicative of emotional intelligence. Strong emotional intelligence basically means an intuitive ability to percieve and be sensitive to the emotions of others, as well as a raised awareness of your own emotions. In practice, this sensitivity to emotion enables you to communicate well because you are able to build a strong rapport with others; to cooperate with and influence them, as well as respond rationally to your own emotions before speaking inappropriately.
What was Richard Branson's management style?
Lacking conventional business school training, or even a high school diploma, Branson continued to make huge financial decisions according to his own whimsical methods.
How did Westerners view Chung Ju-yung's management style?
Westerners, on the other hand, saw Hyundai as a tightly controlled organization whose founder took worker complaints as personal offenses.
What are pharmacy-benefits management firms?
Pharmacy-benefits management firms, or PBMs, are essentially intermediaries that negotiate discounts with pharmaceutical companies for large employers and managed-care insurers or health plans.
What growth strategy did Anthony Burgmans implement when he was vice chairman of Unilever PLC?
After becoming vice chairman with Niall FitzGerald of Unilever PLC in 1999, Burgmans helped implement the company's radical "Path to Growth" strategy.