Coordination among the people working together is essential to get the maximum output. In an organization, there are several departments where hundreds of employees work…
Management Category
Learn the principles and practices of effective management, including leadership, strategy, and decision-making.
Self Improvement – Definition, Meaning, Steps, Plan, Goals & Ideas
Self Improvement is the enhancement of one’s knowledge, education, personality, status by making conscious efforts. Self-Improvement is one’s journey to achieve their personal goals. Definition…
Organisational Commitment – Definition, Meaning, Components
Definition Organisational commitment is described as the psychological attachment of an employee for the company he works. It plays a crucial role in assessing the…
Horizontal Communication – Definition, Meaning, Types, Features
Horizontal Communication happens when in an organization, communication and flow of messages occur amongst teams, groups or individuals who are at the same hierarchical level….
Impression Management – Meaning, Examples,Tactics and Strategies
Definition Impression management is defined as a process where someone or other tries to influence the decision, opinion or observation of others about something or…
Chain Of Command Definition, Levels, Features, Advantages
Managing and running an organisation is a challenging job. It requires a team of people to create discipline in an organisation and to get desired…
Importance of Communication and its Benefits in a Workplace
Effective communication is a soft skill that is in high demand all around the world. It is a two-way pervasive process of exchanging information and…
What is Resource Allocation? Definition, Role and Factors
Definition Resource allocation is a process which supports the company goals by managing authorities and assets in a result-driven manner to achieve strategic goals. In…
Organizational Change Management – 6 Steps and Strategy
Organizational change management is defined as a framework that deals with changing needs and requirements of a company. It is a tool to develop, manage…
What is Social Entrepreneurship? Importance, Examples and Characteristics
Social entrepreneurship is an approach that is adopted by organizations where they invest in strategies that provide solutions for cultural, social, or environmental issues along…
Centralization: Definition, Meaning, Features And Advantages
As the name suggests in a centralized form of organization, the power remains with a selected few who are the center or the core group…
Contract Management – Meaning, Benefits, Software and Best Practices
Contract management is defined as a process that manages the creation, analyzing, and execution of contracts efficiently and systematically. This method is used for delivering…
Personal Development Plan – Definition, Meaning and Example
Personal development planning is a structured process that helps to create an action plan for self-improvement, growth, and development. This goal-setting and planning are based…
The Pareto Principle – Meaning, Examples, Advantages and Application
The Pareto Principle states factually that 80% of consequences are a result of only 20% of the causes. The principle has been derived from the…
30 Leadership Qualities that make Great Leaders
Leadership quality is the quality of leading others. Leadership is the method of social influence where one person supports and leads the other members in…
Portfolio Management – Objectives, Advantages and Disadvantages
Portfolio management is defined as a process at the corporate level for the successful delivery of the portfolio of an organization. This portfolio includes an…
What is the Importance of Listening?
Listening is an active process where patience, compassion, and determination play significant roles. Human behavior is such that it tends to block out most of…
What is Social Responsibility? – Definition, Understanding, Examples
Social responsibility is defined as a concept where both an individual, as well as a business entity, has an obligation towards the interest and welfare…
The Importance Of Organizing
The dictionary meaning of organizing is to arrange something systematically. In an organization, the meaning of organizing is an effective arrangement of work among the…
Management Consulting – Advantages of Management Consulting
Management consulting can be defined as when the management of an organization seeks the consultation of outside experts to manage their organizations effectively. The management…
The Importance of Respect
Respect is a feeling that develops because of good thoughts about someone and treating them in a manner that shows your admiration for him and…
Scientific Management -Principles & Techniques by Frederick Taylor
The principles of scientific management can be attributed to a mechanical engineer named Frederick Taylor who devised ways to perform work efficiently. Frederick Taylor was…
Risk Matrix – Meaning, Explanation, Basics, Impact and Implementation
A risk matrix is a tool that is used to assess the risk and its visibility by taking into consideration the probability against the consequence…
Ethics vs Morals: Key Differences in them
Ethics deals with the right and wrong conduct of an individual or group of individuals and it is governed by individual/legal/professional norms. Therefore, ethics has…
30 Leadership Skills to become an Effective Leader
Leadership skills are the abilities and the capabilities that an individual demonstrates while leading a team, a situation, or life. These skills help them supervise…
Working as a Team: 17 Benefits of Teamwork | Marketing91
Working as a team in an organizational setup means a qualified group of people working as a single entity to accomplish common goals. Employers have…
The Importance of Knowledge Management for a Firm Explained
In this ever-changing and dynamic era of the business and corporate world, it is very crucial for the companies to constantly innovate and come up…
Charismatic Leadership – Definition, Characteristics, Examples, Pros and Cons
Charismatic leadership is a leadership style or form that is defined by the way a leader presents his or her charm to influence and persuade…
Management By Objectives (MBO): Steps, Benefits, Pros and Cons
‘Management by objectives’ (MBO) is a strategic management technique in which the main aim is to improve performance of the organization by defining objectives. It…
9 Barriers to Planning -Strategies to Identify and Overcome
For any of the brand or the business venture to succeed in the market-beating the competition, it is required to have the skills and right…
What is the Importance of Decision Making?
Decision making is the ability to analyze the available options and select the best action plan to complete the given task. It is an integral…
Batch Production: Working, Examples & Benefits of using Batch Production
Have you heard of the term batch production? Want to know how it occurs? Then in simple terms, you can understand that Batch production is…
The 3 Important Levels of Management in an Organization
The term Management is generally construed as relating to the management of corporations. There are a big number of companies that have operations in more…
Personal Management – Meaning, Objectives, and Functions
Personal management is defined as a process that deals with the human constituents of a business entity. Every organization is heavily dependent on its workforce,…
Controlling in Management – Meaning, Process, and Examples
Controlling is one of the most basic functions of management, like planning, organizing, staffing, etc. Controlling is an important management function, and without controlling management…
21 Characteristics of Successful Entrepreneurs
Curious to know about the key personality traits of entrepreneurs? Then in this post, we will be covering essential characteristics of successful entrepreneurs that play…
The 6 Features of Centralization: Its Advantages and Disadvantages
There are two ways to operate an organization one is centralization and decentralization. These two processes are opposite to each other. In centralization, the authority…
Unity of Command: Meaning, Example & Its Importance
Being accountable and answerable to more than one supervisor is never liked by the employees. Unity of Command is the one business management theory that…
Unity of Direction: Meaning, Role, Benefits and Importance
Do you know about the best technique of motivating the workforce to work with uniformity and coordination to accomplish the common objectives of the company?…
The 7 Different Modes of Payments Explained with Pros and Cons
Making payment is a day-to-day activity of every business. One party is required to make payment to another party to use its services and goods….
