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

Management Information System Growth Stages

It is pertinent to realize the importance of growth of MIS in stages in order to encounter increasing complexity of business processes and changing scenario of management. MIS development evolves from EDP systems. The EDP systems have rudimentary technology to handle clerical and supervisory operations in an organisation. This is initiation stage. The advantages of computerization are gradually realized by most of the people in an organisation. This realization leads to proliferation of computer, networking technologies and computer based system applications within an organisation. This is contagious stage. Next stage is typified by planning and control. As demand for computerization increases, a need is realized for cost-benefit analysis. This is imperative to plan for future MIS in a cost effective manner. Next stage of MIS development is integration of subsystems. This comes with realization of interdependence of inflow of data from various sources for valid information. Management plans to leverage Continue reading

Abey Francis

Managing International HR Activities

The key global pressures affecting human resource management are deployment, knowledge and innovation dissemination, and identifying and developing talent on a global basis. Today, it is easy to get the right skills to where we need them, regardless of geographic location. Similarly, spreading the knowledge and practices throughout the organization, and identifying persons who can function effectively in a global organization and developing his or her abilities etc. are all possible. Managing international HR activities are an elaborate and complex task. Human Resource Planning (HRP) is the process of forecasting an organization’s future demand for and supply of, the right type of people in the right numbers. HRP assumes greater relevance in international businesses where efficient use of human resources is necessary to realize strategic global objectives. The key issues in international HR planning are identifying top management potential early, identifying critical success factors for future international managers, providing developmental Continue reading

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Situational Leadership Model – Definition, Pros, and Cons

The situational theory of leadership is becoming increasingly popular in the context of modern organizational leadership. Situational leadership revolves around job-related maturity. Job maturity refers to an individual’s ability in performing a job and this is a key factor determining a leader’s behavior. The situational leadership model puts it that effective leadership is dependent on both the acts of management and leadership and that these enhance an organization’s match to current global trends. The model emerged from the realization and understanding that not all individuals within a group or community being led compare in terms of maturity level and that the need for a leadership style differ with situations. Situational leadership entails first understanding one’s predominant leadership approach and the level of the follower’s development process. Situational leadership theory, in simple terms talks about different leadership styles and how a leader can choose an appropriate style with respect to team Continue reading

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The Impact of Artificial Intelligence (AI) in the Workforce

The term “Artificial Intelligence” (AI) was first coined by American computer scientist, John McCarthy, in 1955 as a way to describe the science and engineering of making intelligent machines. This concept was based on the conjecture that every aspect of learning or any feature of intelligence in principle can be simulated by a machine as the ultimate effort to reach human-level intelligence. While, the more modern-day definition of this phenomenal change in technology focuses on Artificial Intelligence (AI) being a sub-field of computer science that has the ability to imitate human intelligence such as visual perception, decision-making, speech recognition and the translation between languages. Consequently, these transformations in technology opened up new opportunities for individuals, society and the economy as it provides unprecedented options for a prosperous future. However, despite AI’s intrinsic benefits, the pervasive force is largely attributed to the poor performance of labour markets across advanced economies as Continue reading

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Conflicts Between Multinational Corporations and Host Countries

Although the Multinational Corporations (MNCs) has no power over the host government, if may have  considerable power under that government. By being able to influence certain  factors, the MNC has the opportunity to help or harm national economics; in this  sense, it may be said to have power against host governments. Critics of the  MNC perceive these powers as potential perils to host societies.  The strategic aspects of a host country’s national policy that are subject to the  influence of the MNC include: 1. Planning and Direction of Industrial Growth Host nations have viewed with concern the tendencies of many MNCs to  centralize strategic decisions in their headquarters. For the host governments this  signifies loss of control over industrial strategy to the foreign-based MNC. The  MNCs allegiances are geocentric; their overall objectives are growth and profits  globally rather than in the host economy. These objectives require efficiency in  the functional Continue reading

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How Financial Markets Helps Savers and Borrowers?

What are financial markets and why it is important for savers and borrowers? A financial market is a system that includes individuals and institutions, and procedures that together borrowers and savers and it is no matter where is the location between the savers and borrowers. The main role of the financial market is to facilitate the funds from the individuals and businesses that have the majority fund to individuals, businesses, and governments to fulfill their needs of income. The financial institution is a process used by an organization that provides various types of financial services to their customers. The government authorities have controlled and supervised the institution according to the rules and regulations. The financial institution is giving different types of economic ideas for an organization to carry out their business. A financial institution is an establishment that gives financial services. Financial institutions based on banks, credit unions, asset management Continue reading

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