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

Introduction to Emotional Intelligence – Definition and Nature

Classic Intelligence and rational thinking have dominated Western Society for centuries. It was Freud who showed, through his analysis of the unconscious, that there is more to us than rational thinking. Since Freud, the development of psychology has brought the insight that a person’s actions are not just rational or logical,  Emotional Intelligence seems a good name to name our “non-rational” way of thinking and being. “In the last decade or so, science has discovered a tremendous amount about the role emotions play in our lives. Researchers have found that even more than IQ, your emotional awareness and abilities to handle feelings will determine your success and happiness in all walks of life, including family relationships.” (John Gottman, Ph.D) What is Emotional Intelligence? Quite simply, emotional intelligence is the intelligent use of emotions: You intentionally make your emotions work for you by using them to help guide your behavior and Continue reading

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The Significance of Corporate Governance

Corporate Governance can be defined as the organizational structure of a company. It encompasses the overall processes, operations and policies by which a company is controlled and functions. According to James McRitchie corporate governance is most often viewed as both the structure and the relationships which determine corporate direction and performance. Within the governing body of a corporation there are various stakeholders. Stakeholders are individuals which are of great importance to the company because they contribute directly or indirectly to its economic activity. Stakeholders retain different degrees of importance within an organization depending on their title or function which are some of the following: shareholders, the board of directors, employees, customers, creditors and suppliers. All together this group of individuals defines a corporate community in which day to day business is conducted and must be sustained in order for the company to survive. Similar to any other community, where there Continue reading

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Theories of Motivation: Alderfer’s Existence-Relatedness-Growth (ERG) Model

Serious doubts have been expressed about the existence of the five distinct need categories, which Maslow hypothesized. There seems to be some overlapping between esteem, social, and physiological needs. Also, the lines between esteem, social, and self-actualization needs are not entirely clear. With these points in mind, Clayton Alderfer condensed Maslow’s five need categories into three sets: The existence Needs:  Over here material existence requirements are mentioned. This group is the same as what has been called by Maslow physiological and safety needs. In an organizational context the existence needs are satisfied by money earned in a job and spending them to obtain foods, clothing, shelter etc. Relatedness Needs:  An employee desire to maintain important interpersonal relationships with pears, superiors and subordinates in work context can be termed as relatedness needs. Relatedness for an employee in an organization context includes the need to interact with peers, receive recognition from the Continue reading

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Integration of Blockchain and Enterprise Resource Planning Systems

Blockchain Technology As a way to increase data security for transaction, a new system that allows these transactions to occur automatically more securely and without an intermediary has been conceived. Blockchain or (Distributed Ledger Technology) was developed in the aftermath of the 2008 recession to deliver transparency, security, and efficiency in managing transactions between multiple parties. This concept is now being implemented or considered in many business models worldwide. What really is Blockchain? In its simplest form, Blockchain can be described as a private, secure network that uses cryptography to keep exchanges secure, provides a decentralized database, or digital ledger, of transactions that everyone on the network can see. This network is essentially a chain of computers that must all approve an exchange before it can be verified and recorded. Following figure illustrates the Basic Blockchain Process. One of the benefits of this system is that once a record is Continue reading

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Some Inhibiting Factors that Affect the Derivative Instruments

Though derivatives are very useful for managing various risks, there are certain inhibiting factors which stand in their way. They are as follows: (i.) Misconception of Derivatives: There is a wrong feeling that derivatives would bring in financial collapse. There is an enormous negative publicity in the wake of a few incidents of financial misadventure. For instance, Barings had its entire net worth wiped out as a result of its trading and options writing on the Nikkie index futures. There are some other similar incidents like this. To quote a few: Procter and Gamble, Indah Kiat, Showa Shell etc. However it must be understood that derivatives are not the root cause for all these troubles. Derivatives themselves cannot cause such mishaps. But, the improper handling of these instruments is the main cause for this and one can not simply blame derivatives for all these mishappenings. (ii.) Leveraging: One the important Continue reading

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Capital Gearing and It’s Significance

Definition of Capital Gearing The most important factor which must be taken into account by the promoters while drafting the financial plan of a company is capital gearing. Gearing means the ration of different types of securities to total capitalization. The term, when applied to the capital of a company, means the ratio of equity share capital to the total capital and is known as capital gear ratio or capital gearing. J. Batty defines the term ‘capital gearing’ as  “The relation of ordinary shares (equity shares) to preference share capital and loan capital is described as the capital gearing.” Thus the term capital gearing is used to indicate the relative proportion of fixed cost bearing securities such as preference shares and debentures to the ordinary share capital in the capital structure. Interest of equity share holders is represented by the amount of share capital plus retained earnings and undistributed profits. Continue reading

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