Case Study on Entrepreneurship: Larry Page

Business Analysis

The Boundaryless Career: Modern Contemperory Perspective on Career

Human Resource Management

Concepts of Throughput Accounting and Theory of Constraints

Financial Management

Kaizen – Understanding the Japanese Business Philosophy of Continuous Improvement

Operations Management

Role of Leaders in Shaping Organizational Culture

Management Principles

International Equity Investments – Euro Equities

International equities or the Euro equities do not represent debt, nor do they represent  foreign direct investment. They are comparatively a new financial instruments representing foreign  portfolio equity investment. In this case, the investor gets the dividend and not the interest as  in case of debt instruments. On the other hand, it does not have the same pattern of voting  right that it does have in the case of foreign direct investment. In fact, international equities  are a compromise between the debt and the foreign direct investment. They are the  instruments that are presently on the preference list of the investors as well as the issuers. Benefits to Issuer/ Investor The issuers issue international equities under certain conditions and with certain  objectives. First, when the domestic capital market is already flooded with its shares, the  issuing company does not like toad further stress to the domestic stock of shares since Continue reading

Abey Francis

Concept of Systems Analysis in Business

Systems analysis has a broad definition depending on where it is being applied. Systems analysis can be defined as the procedure which entails breaking down into smaller ones for purposes of understanding and expedited execution. The whole part of a component can be the system in this case. Systems analysis in business language can be defined as a systematic inquiry conducted to assist someone or organization in identifying the best approach towards solving a problem which they ought not to have made on their individual capacity. It also involves specific way of performing a task and shedding more light through a systematic approach in a study of interacting entities. Several elements are studied to bring overall analysis of the whole subject. Systems analysis is used in most all fields where activities involved in developing new ideas are involved. Through this analysis, the effective and efficiency of a system can be Continue reading

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Basic Economic Tools in Managerial Economics for Decision Making

Business decision making is essentially a process of selecting the best out of alternative opportunities open to the firm. The steps below put managers analytical ability to test and determine the appropriateness and validity of decisions in the modern business world. Following are the various steps in decision making process: Establish objectives Specify the decision problem Identify the alternatives Evaluate alternatives Select the best alternatives Implement the decision Monitor the performance Modern business conditions are changing so fast and becoming so competitive and complex that personal business sense, intuition and experience alone are not sufficient to make appropriate business decisions. It is in this area of decision making that economic theories and tools of economic analysis contribute a great deal. Basic Economic Tools in Managerial Economics for Decision Making Economic theory offers a variety of concepts and analytical tools which can be of considerable assistance to the managers in his Continue reading

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Cost Based Approaches to Human Resource Accounting

Human Resource Accounting is an attempt to identify and report investments made in the human resources of an organisation that are not presently accounted for under conventional accounting practice. Basically, it is an information system that tells the management what changes overtime are occurring to the human resources of the business, and of the cost and value of the human factor to the organisation. The system may serve both the internal and external users, providing management (internal users) with relevant data on which to base recruiting, training and other development decisions and supplying investors, lenders and other external users of financial statement with information concerning the investment in and utilization of human resources in the organization. Accounting is a man-made art and its principles and procedures have been evolved over a long period to aid business in reporting for the management and public. Of the four factors of production, viz., Continue reading

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Process Consultation

The process consultation view has been advocated by Schein since late  60’s (first edition 1969). It belongs to activities of organization  development (OD). OD is one of part of the organization processes which  aim improving organizational and individual effectiveness. Process consultation (PC) is one of the OD techniques, enlisted with  sensitivity training (self €improvement), survey feedback (introspection),team building (socializing), and role negotiation (changing roles and  perception. The main  argument of Schein for process consulting is to help people in organizations  to help themselves. Process Consultation is the creation of a relationship with the client that permits the client to perceive, understand, and act on the process events that occur in the client’s internal and external environment in order to improve the situation as defined by the client.  Edgar Schein, (1969) Process Consultation: Its role in organization development Process consultation is the reasoned and intentional interventions by the consultant, into the Continue reading

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Attributes of Sound Performance Measurement System

Multinational Enterprises  need to measure performance of all its organizational participants/elements and subsidiaries. Efficacy of organizational control depends on efficient measurement of performance. A right selection of a range of performance measures which are appropriate to a particular company/context is needed. This selection ought to be made in the light of the company’s strategic intentions which will have been formed to suit the competitive environment in which it operates and the kind of business that it is. There are at least three major attributes expected of any good performance measurement system.  These are: Reliability, Validity and Objectivity. Each characteristic is examined in detail. 1. Reliability Reliability of a measurement mechanism refers to the dependability or consistency of the measures provided by it. It refers to “the accuracy of the data in the sense of their stability, repeatability, or precision” There are two ways of looking at dependability. One is comparability Continue reading

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