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Management and Supervision

Management is making a business run efficiently and strategy is making sure that you are in a great position not only for today, but in the future.

4,076 Questions

What is mission and vision explain with example?

MISSION

"To provide continued customer satisfaction by maintaining value driven and positive work attitude employees, and become the leading furniture maker, supplier in the market today".

"OUR MISSION IS TO MAXIMIZE CUSTOMER AND SHAREHOLDER VALUE THROUGH WORLD CLASS MANUFACTURING PRACTICES: CONTINUALLY STRIVING FOR EXCELLENCE IN THE PRODUCTS AND SERVICES WE PROVIDE. or OUR MISSION IS TO LEAD BY EXAMPLE THROUGH A COMMITMENT THAT EMPOWERS THE ORGANIZATION AT EVERY LEVEL TO STRIVE FOR THE HIGHEST LEVELS OF QUALITY, CUSTOMER CARE AND SHAREHOLDER VALUE

"To work together as a team, to respect opinions and view of others. To be reliable & accountable for our own team participation. To work together on assigned task & challenges, accepting each member thoughts. As a team we will work together assigning & taking on team tasks full filling our team position requirements. . As a team we will work together to stay in touch, keeping the communication lines open offering support & help to all members should they not be able to partake in a discussion. As a team we will identify, create a plan of action utilizing everyone's knowledge, soliciting input from all. Being responsible and acknowledging each personal thought and efforts put in by each member. To be successful as a team & as individuals."

VISSION

Acknowledge that the service excellence concept must be a key part of the very structure and operation of the organization.

Understands that people and systems in the organization must be constantly tuned to customer needs and to management's evolving concept of service excellence."

"to be a leading organization to provide training, knowledge and service all over the world in the environmental sanitation industry"

What are the benefits of designing my corporate identity?

Trust, security and convenience are some elements that we look for in a person-to-person relationship. If this relationship exists between business and customers in the digital world, network identity management is said to be well established. In the web world, customers have different identities with different business groups. If a correlation is made between all these identities a good network system can be established. In an era of remote users, this system can bring about good control over digital information. Statutory and regulatory bodies like HIPAA, Sarbanes Oxley are some that emphasize the need for such systems. The importance of securing personal user information and organizational data has brought about the existence of such laws. Control or limited access is the key to network identity management systems.

Should managers and non-managers be appraised from multiple perspectives for example by those above by those below and by coequals by customer?

"360 Degree Performance Appraisal"

In Human Resource Management, 360-degree feedback, also known as "multi-rater feedback," "multisource feedback," or "multisource assessment," is feedback that comes from all around an employee that is the feedback is received by those above (Supervisors), by those below (Subordinates), by coequals (peers) and by customers (internal/external customers or suppliers).

It also includes a self-assessment in some cases. It may be contrasted with a "traditional performance appraisal," where the employees are most often reviewed only by their managers or supervisors.

It has been suggested that multi-rater assessments often generate conflicting opinions, and that there may be no way to determine whose feedback is accurate (Vinson, 1996). Studies have also indicated that self-ratings are generally significantly higher than the ratings of others (Lublin, 1994; Yammarino & Atwater, 1993; Nowack, 1992).

What are the 14 principles of management?

The 14 Management Principles from Henri Fayol (1841-1925) are:

  1. Division of Work. Specialization allows the individual to build up experience, and to continuously improve his skills. Thereby he can be more productive.
  2. Authority. The right to issue commands, along with which must go the balanced responsibility for its function.
  3. Discipline. Employees must obey, but this is two-sided: employees will only obey orders if management play their part by providing good leadership.
  4. Unity of Command. Each worker should have only one boss with no other conflicting lines of command.
  5. Unity of Direction. People engaged in the same kind of activities must have the same objectives in a single plan. This is essential to ensure unity and coordination in the enterprise. Unity of command does not exist without unity of direction but does not necessarily flows from it.
  6. Subordination of individual interest (to the general interest). Management must see that the goals of the firms are always paramount.
  7. Remuneration. Payment is an important motivator although by analyzing a number of possibilities, Fayol points out that there is no such thing as a perfect system.
  8. Centralization (or Decentralization). This is a matter of degree depending on the condition of the business and the quality of its personnel.
  9. Scalar chain (Line of Authority). A hierarchy is necessary for unity of direction. But lateral communication is also fundamental, as long as superiors know that such communication is taking place. Scalar chain refers to the number of levels in the hierarchy from the ultimate authority to the lowest level in the organization. It should not be over-stretched and consist of too-many levels.
  10. Order. Both material order and social order are necessary. The former minimizes lost time and useless handling of materials. The latter is achieved through organization and selection.
  11. Equity. In running a business a 'combination of kindliness and justice' is needed. Treating employees well is important to achieve equity.
  12. Stability of Tenure of Personnel. Employees work better if job security and career progress are assured to them. An insecure tenure and a high rate of employee turnover will affect the organization adversely.
  13. Initiative. Allowing all personnel to show their initiative in some way is a source of strength for the organization. Even though it may well involve a sacrifice of 'personal vanity' on the part of many managers.
  14. Esprit de Corps. Management must foster the morale of its employees. He further suggests that: "real talent is needed to coordinate effort, encourage keenness, use each person's abilities, and reward each one's merit without arousing possible jealousies and disturbing harmonious relations."

What role does communication play in decision making?

Communication verbal and written are necessary to share ideas with anyone. Communication between involved parties is important to bring forth opposition with reason as well as positive forecast information. If these aspects cannot be communicated effectively, oversight on many projects can result resulting in disaster in terms of marketing.

Evolution of management thought?

(Study Material) Management Study Material (Evolution of Management Thought) in

  • Accounting & Finance
  • Agribusiness Management
  • Airport Management
  • Archieve & Record Management
  • Bank Management
  • Biotechnology Management
  • Catering Science
  • Construction Management
  • Cooperative Management
  • Defence Management
  • Disaster Management
  • E-Business
  • Educational Management
  • Entrepreneurship
  • Export Management
  • Facilities Management
  • Forest Management
  • General Management
  • Health Care Management
  • Heritage Management
  • Hospitality Management
  • Hotel Management
  • Human Resource Development
  • Human Resource Management
  • Industrial Relation Management
  • Information Technology
  • Infrastructure Management
  • International Business
  • Journalism
  • Logistics Management
  • Marketing & Sales
  • MBA
  • MBA-Diploma
  • Media & Entertainment
  • Notes
  • Office Management
  • Operation Management
  • Personal Management
  • Petroleum & Energy Studies
  • PGDM
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  • Police Management
  • Power Management
  • Production Management
  • Project Management
  • Public Management
  • Quality Management
  • Rail Transport & Management
  • Record Management
  • Retail Management
  • Risk Management
  • Rural Management
  • Shipping Management
  • Software Enterprise Management
  • Sports Management
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  • Study Material
  • Supply Chain Management
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  • Tourism & Travel Management
  • Transport Management
  • Wildlife Management
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What is planning premises?

Planning premises means systemic and logical estimate for the future factors affecting planning.

What is difference between management and administration?

I have been both in my life time in the Fire Service in London as a Principal Officer and a manager and a junior fire officer....once retired I and my wife - an administrator with the European Commission retired to live in Goa.

We have 3 full time and one part time staff...................................

my wife continuously tells the staff, whose english understanding is pathetic and very poor, what to do and how to do it.....................

I on the other hand I try to physically demonstrate how to get things done with gestures...but not always successfully whilst telling them in English waht to do.................. and there-in lies the difference between ADMINISTRATION and MANAGEMENT................................

My wife (ADMIN) tells them what to do and never ever checks that they have done it....

however , I as a manager, goes and ensures it is done not believing their mis-directions and lies trying to get out of doing anything productive.....

so one of the principle differences between us is that:

ADMIN...delivers orders and directions but singularly fails to ensure their compliance........

whereas MANAGEMENT not only directs but checks to ensure that the requirements are achieved satisfactorily, requirements are complied with correctly and implemented as necessary

To me this is the major difference.............

What is continuity of supply?

Continuity of supply refers to the uninterrupted flow in making something unavailable. This is applicable especially in a scenario whereby the original supply had been cut.

How can one ensure that value is delivered?

The Government has placed a duty of best value on local authorities to deliver services to clear standards - of cost and quality - by the most economic, efficient and effective means available. Best value is a challenging new performance framework that requires authorities to publish annual best value performance plans and review all of their services every five years.

Authorities must show that they have applied the four Cs of best value to every review:

  • challenging why and how a service is being provided;
  • comparing their performance with others' (including organisations in the private and voluntary sectors);
  • embracing fair competition as a means of securing efficient and effective services; and
  • consulting with local taxpayers, customers and the wider business community.

Authorities must demonstrate to local people that they are achieving continuous improvement in all of their services. The Government has decided that each council should be scrutinised by an independent Inspectorate, so that the public will know whether best value is being achieved. The purpose of the inspection and of this report is to:

  • enable the public to see whether best value is being delivered;
  • enable the Council to see how well it is doing;
  • enable the Government to see how well its policies are working on the ground;
  • identify failing services where remedial action may be necessary; and

identify and disseminate best practice.

Related Literature of Information system?

There is many publications that has related literature on information systems. This type of literature can be found online, in libraries, or in textbooks.

Advantages and disadvantages of project management tools?

Advantages of using project management tools are:

  • Tools can facilitate the creation and maintenance of project artifacts (e.g. project schedule) and especially good at complex analysis (e.g. Earned Value Management);
  • Tools are very good at linking to sub-projects or other work packages/plans;
  • Tools are very good at providing various outputs (e.g. Gantt Charts, Milestone Charts, Network Diagrams etc)
  • They can assist in the estimating/scheduling/planning stage and many scenarios can be run to find the most appropriate course of action;
  • They are a good reminder of what needs to be done and what is outstanding;
  • They can help record, link and analyse lots of data (e.g. Requirements Management Tool, Change Management Tool; Stakeholder Management Tool or Lessons Learnt Tool);
  • They are good for trend analysis and looking at prioritising or re-scheduling activities (e.g. resource scheduling);
  • Contribute to the build up of statistical information to assist in improving management of future projects;
  • Allows a more objective comparison of alternative actions/decisions and provides repeatable results;
  • Helps distinguish between good and bad luck and good and bad management;
  • It can provide electronic methods of approvals, speeding up decision making;
  • Can be very good when teams are not co-located at one place, and the team can access data when they need it and not rely on any individual (e.g. methods and procedure database with the most up-to-date versions on it);
  • Can be good at generating automated reports (e.g. timecards associated with individual projects), if they are setup in the right way in the first place;
  • Very good at re-assigning authority when individuals are away, so decisions can still be made and do not rely on single points of failure;
  • The requirement to measure physical items facilitates tighter management controls;

Disadvantages of using project management tools are:

  • Some people (including management, team members, stakeholders) can find them difficult to understand;
  • Tools can sometimes take too much time just to maintain the data and keep the tool updated - Don't under estimate the cost of capturing the data;
  • They take time and effort and funding to train the staff to use;
  • Often can often be expensive and there is a license fee attached to the tool (if not developed in house) and annual maintenance charges;
  • Change them and updating can be costly and complex;
  • Staff can use them inappropriately and not enter the required data to make them worthwhile (e.g. risk management tools);
  • They can require lots of data to be generated and if it is not generated, then the results of the tool maybe suspect;
  • If not understood properly they can be prone to error and can produce misleading results and can lead the Project Manager to make ill-informed decisions;
  • They can be too complicated, too time-consuming and unnecessary for small projects;
  • Use with caution on very large and complex networked projects because you can make a change and this could affect the rest of the project and you may not be aware of the automated changes the tool makes;
  • People can tend to trust the tool outputs without questioning the rigor that went into producing the results;
  • It can be very difficult retrospectively looking at what happened if you didn't capture the input data at the time;
  • Tools can hide the detail and provide a whole project view, which may hide over performance in one area and under-performance in another.

Project Management Tools are very useful if applied in a disciplined manner. If they are used to replace expertise and in other inappropriate ways, then they will not provide value for money. Project Managers should constantly review the use and output of tools, because just because one was bought some time ago, it doesn't mean it is still of value today or in the future. If you want to migrate data to the next generation system, consider using open architecture or commercial standard tools and systems, otherwise if you use be-spoke systems it could be more costly in the future. Also look at what tools your customers and competitors use.

What are the major industries in Argentina?

Motor vehicles and food processing are major industries in Argentina. Other major industries in Argentina are chemicals, petrochemicals, steel and textiles.

Different kinds of business letter?

There are different kinds of business letters that are written for different purposes. Common business letters include sales letters, order letters, adjustment letters, complaint letters and so many others.

Importance of effective business communication?

Effective Business Communication achieves following Important Points for a Business.

  1. Enhance Business
  2. Create Goodwill
  3. Retain Customers
  4. Determines the Efficiency of teh Firm

Discus challenges faced by modern managers of organisations and their solutions?

Lack of capital

Lack of capital is often the most critical challenge that a successful manager or leader faces as its very success creates this and it quickly becomes a vicious circle. Without very diligent cash flow management and/or raising of more capital, including debt, the business often is constrained by capital as it grows. Often the profit in one operating cycle is insufficient to fund the extra working capital required for the next operating cycle. Many capable managers cannot overcome the obstacles in their businesses cash flow cycle and cannot understand why bankers and other lenders often cannot provide the financing as the manager often does not have the security to support the debt.

The solution is often easier than most entrepreneurs realize. It often starts with a plan to see what your cash needs are and when your cash needs arise. Then one is in a position to manage it and focus on the cash management techniques most likely to be successful in his/her business.

Lack of management skills

Lack of management skills is a problem that is very difficult to deal with in most small and medium enterprises as the size of the senior management team is necessarily limited. These areas of weakness could be in finance, human resources, marketing or any area where the current management does not have the expertise, or the time to deal with the issues.

It can be solved by determining the weak areas and then developing a plan for dealing with those challenges. Solutions can be as simple as assigning the responsibility to an existing manager with a requirement to watch for the obvious pitfalls, to hiring a person part-time or a consultant.

Lack of focus

Ignoring risks in their assessment of alternatives and opportunities

Lack of a plan

Failure to plan for issues absorbing the majority of your time

Scope changes -

Insufficient team skills - To quote a colleague, "Availability is not a skill."

Vision and goals are not well-defined

Ineffective communication

What are the key success factors of Sony?

I believe as Akio Morita has said "Creativity to make inventions "is one important factor that makes difference between Sony and other companies. Sony always works to make new inventions and products like Play Station or other combo electronic products however it could be dangerous too. The other factor is "Creativity in product planning and production ". Right products in right time could lead any company to be successful. For not losing the Game's market Sony introduces play station 3. Another factor is "Creativity in marketing". I believe this is the most important factor that leads any company to be successful and the sell of any product depends on it. But creativity in marketing includes too many means that can lead to successful ads. Some of them are as below: - Being creative and thinking out of line with Innovative ideas. - Using of scientific methods like formulation, hypotheses or testing. - Different methods of research (primary data and secondary data) and how to use of them to renew the ads. - Understanding that the data are interpreted from underlying models that guide the information sought. - Considering our benefits that we expected to reach and make balance vs. the cost of marketing. - Excepting the reality that how market works and avoiding of unsubstantial marketing ideas and theories. - Understanding difference between gambling and risk, and avoid gambling. - As marketing research has mutual benefit for customer and company, so must "be ethical in the conduct of all marketing research".

Discuss the goal of a supply chain and explain the impact of supply chain decisions on the success of a firm?

A company may focus on the supply chain in order to achieve a low volume of materials on hand. This reduces the company's overall payments accountable and can aid in company success through more profitable margins. It can also risk production if supply stocks are reduced too much.

What is project inception?

well, in the christopher nolan film, "Inception", dom cobb and his team need to perform inception on a man named robert fischer. and what inception is planting and idea in a subjects mind,

What is the difference between a parameter and a statistic?

A parameter is a number describing something about a whole population. eg population mean or mode.

A statistic is something that describes a sample (eg sample mean)and is used as an estimator for a population parameter. (because samples should represent populations!)

What is polycentric orientation?

Polycentric Orientation is a foreign country that the 'home country' does business in.