As organizations and individuals face unprecedented challenges due to the constantly evolving business landscape, with new technologies and global challenges shaping the way organizations operate, the need for continuous learning and development, to match the skills and competences of the workforce to the emerging challenges cannot be over-emphasized. In this post,...
Learning and Development - An Essential Tool for Organizational and Personal Renewal Management April 4, 2023
Beyond Qualifications - Do You Have What It Takes to Succeed? Management March 24, 2023
According to Johnny Carson "Talent (or qualifications) alone won’t make you a success. Neither will being in the right place at the right time, unless you are ready." This rings true even today, as possessing essential traits is crucial for success in both work and life. While qualifications and training...
Quality - The Third Leg of Operations Management’s Tripod Management March 17, 2023
In our preceding discussions on operations management, we focused on the crucial issues of efficiency and cost. In this post, we will explore the equally important aspect of quality management. It is widely recognized that successful business operations require effective management of all three elements - Efficiency, Cost, and Quality...
Cost - The Second Leg of Operations Management’s Tripod Management March 15, 2023
Gartner finance glossary defines cost management as the process of planning and controlling the costs associated with running a business. It includes collecting, analyzing, and reporting cost information to more effectively budget, forecast and monitor costs. Cost in operations management or operational cost, refers to the monetary value associated with...
Efficiency - The First Tripod of Operations Management Management March 14, 2023
Operations management rests on three tripods - efficiency, cost, and quality. In this post, we will look at efficiency, its role and importance in operations management and explore some practical tips and strategies organizations can use to improve efficiency in the management of its operations. In subsequent posts in this...
Maximizing Opportunities – A Five-Step Approach to a Successful You! Management March 8, 2023
According to Walter P. Chrysler, “the reason so many people never get anywhere in life is that when opportunity knocks, they are out in the backyard looking for four-leaf clovers”. While it is believed that four-leaf clovers bring good luck, with a frequency of approximately 1 in 5000, the rarity...
Building Your Support Network: Why You Don't Have to Go It Alone Management February 23, 2023
As a professional, you are often responsible for making tough decisions, dealing with conflicts, and navigating challenging situations. It's important to have people you can turn to for advice, guidance, and support. Building a support network is just as essential for success in your career as it is in your...
Managing Others - Transitioning from “I” to “Us” – A New Manager’s Litmus Test Management February 23, 2023
Having gone through the previous posts in this "Stepping into Management" series, you should no doubt be sufficiently prepared for the next level – Managing Others! As you transition from an individual contributor to a manager, your responsibilities shift from achieving personal goals to achieving corporate goals through people. Doing...
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