Money Management 101 for Single Parents Going It Alone Raising a child as a single parent takes courage, patience, and discipline. Apart from teaching them good morals, you’re expected to meet their financial needs. This can be a significant challenge, regardless of your career. But with careful planning, you and your child will be ready … Read more
What is Vulnerability Management and Scanning? As company systems have become more complex, opportunities for vulnerability have also increased. Companies leverage cloud technologies, 3rd party vendors, and hybrid systems to fuel their operations. Unfortunately, this infrastructure creates more access points that hackers can use as attack surfaces. This is why having a comprehensive vulnerability management … Read more
Management as an Art Management is also regarded as art because they both share similar characteristics. A look at the definition of art and you will understand how close both of them are. “Art is a systematic body of knowledge that requires creativity and skill. An artist also needs constant practice to become perfect or reach … Read more
Management as a Science Management is also Science. It involves everything used in classifying afield as science. For instance, science establishes cause and effect relationships between variables. It also takes into account, the principles that bind the variables in question. However, scientific principles are established via the usual scientific methods which involve testing. And this … Read more
What Is Activity Management? Activity Management is the process of recording the day to day doings of an employee, in an order in which they are done, all while labeling their activity correctly. Activity management is an essential key to the success of a firm as it helps to control the direction of your business … Read more
What is Management? Management is essential for an organized life and necessary to run all types of management. Good management is the backbone of successful organizations. Managing life means getting things done to achieve life’s objectives and managing an organization means getting things done with and through other people to achieve its objectives. Whether management … Read more
Management by Objectives Management by objectives (MBO) can also be referred as Management by Results or Goal Management, and is based on the assumption that involvement leads to commitment and if an employee participates in goal setting as well as setting standards for measurement of performance towards that goal, then the employee will be motivated … Read more
Functions of Management Management in some form or another is an integral part of living and is essential wherever human efforts are to be undertaken to achieve desired objectives. The basic ingredients of management are always at play, whether we manage our lives or business. “Management is a set of principles relating to the functions … Read more
Management by Objectives (MBO) The ideas behind management by objectives (MBO) were advocated and popularized by Peter Drucker, who stressed that business performance requires that each job be directed towards the objective of the whole business. Even though it is comparatively a new area, a lot of attention has been paid to it, notably by … Read more