What is a Corporate Meeting? Most people, when presented with the phrase “Corporate Meeting” have a mental image of top-level executives in a plush room at an exotic location. The attendees have jetted in from all over the globe to discuss matters of strategic importance, perhaps corporate strategies of ground-breaking potential. Definition of a Corporate … Read more
What is World Class Manufacturing? Today’s leading manufacturing philosophies are grouped as “World Class Manufacturing” and are continually evolving. The introduction of the Internet of Things (“IoT”), Robotics, and Artificial Intelligence (“AI”) is once again changing the face of manufacturing and their inclusion is essential for any organization to be called a World Class Manufacturer. … Read more
Frederick Taylor and Scientific Management Frederic Winslow Taylor started his career as a mechanist in 1875. He studied engineering in an evening college and rose to the position of chief engineer in his organization. He invented high-speed steel cutting tools and spent most of his life as a consulting engineer. Historical Perspective Frederick Winslow Taylor … Read more
10 Ways To Drive Sales To Your Products On Amazon With Social Media Driving sales to your products on Amazon can be challenging, but it is definitely not impossible. Customers are attracted to smart strategies without even recognizing the underground work that’s been carried out for them, and that’s great because they shouldn’t. Otherwise, your … Read more
Why Studying Marketing and Management While Working is a Great Idea? It’s no secret that working while taking classes on the side can be quite overwhelming. You will need to balance your time between attending lectures and meeting your target at your workplace, find resources to pay your tuition fee as well as your own daily expenses, … Read more
Overview of Project Cost Management Projects cost money. In most cases, a project will be operating with a cost constraint. “Project cost management is the process of estimating how much it will cost to run a project, how the project will be funded and controlling the available budget to ensure no cost overruns”. Project cost … Read more
The Eight Principals Of Project Management A principle is a rule to be followed or the foundation upon which something is built. Project management principles are the rules which govern all projects regardless of size or industry and lay the foundation for project management success. Overall, the project management principles answer five fundamental questions: What … Read more
What is PMBOK in Project Management? Project Management (“PM”) is not a new science. It has been around for thousands of years. The Egyptian pyramid builders must have had some form of PM, as did the Greeks and Romans. The medieval cathedral builders and the Victorian engineers must have used PM. The big difference today … Read more
Why Is Project Management Important? Have you ever managed a project? The chances are that you have but did not even know it. What is a Project? A project is a short-term endeavor with a specified duration which results in a unique product, service or outcome. By that definition, if you have ever planned an … Read more
What is Stakeholder Management? A project does not exist in isolation. It will affect people, groups, and organizations, collectively known as stakeholders. Simply put, stakeholders can make or break a project, and their management is a key element of project management. A well-structured project has several key elements: A Project Charter, setting out the background … Read more
Starting The ISO Certification Process In a global marketplace, checks and balances need to be established. Otherwise, it would be an uphill task trying to sustain quality and consistency across nations and industries. Global standards help to keep a level playing ground, and ISO is one of the organizations that enforce such standards. What Is … Read more
Trait Theory of Leadership The trait theory of leadership isn’t new. It is the first modern theory ever postulated, as far as leadership is concerned. Leadership itself is a demanding activity, and only a few persons turn out to be good leaders. Their work speaks highly of their performance. Without being told, you can determine … Read more
SWOT Analysis of Amazon You may have been surprised by how Amazon has fared all these years. The company is undoubtedly and statistically the biggest online retailers the world over. Amazon sells diverse apparel, electronics, furniture, and a myriad of other items. There’s even a belief that if you can’t find what you seek to … Read more
What is Environmental Scanning? Environmental scanning is an examination of all external factors to determine the ones that have an effect on a business. Usually, the main objective of environmental scanning is to identify and consult factors outside the business environment. Though most times, these factors are beyond the organization’s control, it is essential to … Read more
What is the Path-Goal Theory? The Path-Goal model is a theory based on explaining a leader’s style or behavior that is best suited to the employee and workplace to achieve a common goal. The path-goal theory can best be referred to as a set of processes in which leaders choose specific behaviors that are good … Read more
