Archive for April, 2010
10 Steps to Business Growth
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Gerard Burke of Cranfield School of Business Management leads you through 10 steps to creating business growth.
Part 1 of a series of 5.
The Power of Positive Influence
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A positive influence may come in many shapes and sizes. There is a theory I read about, quite a long time ago but that theory left an impact on me. It goes something like this-just the act of observing something can have an influence on what is being observed. In simple terms, to look at something or just be in its presence actually changes its nature. Now if I was to explain what this means I would have to go into a physics lesson and that is not what this is about. The overall principle and how it relates to human behavior and interaction is what I am most interested in.
When we come into contact with other people we need to have the knowledge and inclination to discern whether they will have a positive influence over us or a negative one. While people can have all sorts of influence over each other, there are two general classes that we can examine and those are negative and positive. Negative influences are to be avoided or weakened in their power over you. These are people who are pessimistic, complaining, hopeless, deceptive, and basically believing that life is an endless struggle.
Filling your life with positive influences will have a far better effect on your ultimate destiny. Positive influences are people who are optimistic, disciplined, confident, supportive, cheerful, honest, loving, and generally believing that they can control their lives and destinies. The degree of influence we have over each other is much more powerful than you may have ever known. The mere presence of someone with a negative personality can affect you in a negative way. You see attitudes are contagious. Read More→
Importance Of Management Development
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Basically, management development is a term that describes any number of activities that reflect a planned effort to enhance employees’ ability in various individual and team management techniques. Very simply put, management development includes development of skills such as planning, organizing, leading and developing resources.
A key skill for any employees is the ability to manage their own work and control their career path. Highly motivated and self-directed individuals can gain a massive amount of learning and other benefits for their organization by implementing an aggressive management development program.
Management development refers to the process of training and developing managerial talent within a company or organization.
But why do I need to waste time on training and development? Why not just hire the people I need when the time comes?
Nurturing in-house management talent may not seem important, but it is one of the most important aspects of the development of any organization. This is the case for several reasons, some of which are listed below: Read More→
Issues of Business Growth
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Experts have described six specific stages most of the successful companies experienced when aiming for company growth, where each stage is faced by a set of challenges. The firm will need to constantly monitor the changes it is going through as it moves from one stage to another.
Most importantly managerial changes need to be observed in between stage changes. The six stages to be focused on are:
1) conception/existence
2) survival
3) stabilization
4) growth
5) take-off
6) maturity
The early stages of the firm’s survival are dependent on the founder’s abilities and commitment, which is of utmost importance. As the company develops and aims to grow further, specialist skills in the managerial sector of the business are necessary are required. It is crucial that management spends adequate hours developing their skills and working as a team. Read More→