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

Flexible Working Arrangements – The Future of Work

Flexibility in the organisations is driven by many contributing internal and external components since it has got the popularity of linkage with good people management practices and better performance objectives. Flexible working has been achieving a greater pace in its development and wider usage in small businesses and MNC’s. The society in which we live has seen many radical changes in the last 2-3 decades and it certainly has its impact on the life style of people and the organisations they work (in context of technological and demographic factors). The demographical changes have a heavy influence on the size and composition of the work force the labor market now-a-days consist of an equal composition of male to female work force as opposed to earlier traditional workforce. The issue of women in the work force have become more pertinent due to the potential labor shortages in some sectors even with all Continue reading

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Referencing a Research Report

References must be explicitly given in the research report. Bibliography is one type of referencing a research report and this has been already dealt. Other type of referencing is the foot notes. Referencing using Footnotes Footnotes are meant to give complete bibliographical references and to provide the reader with information to enable him consult sources independently. These may be placed at the foot of a page or at the end of every chapter. When footnotes are given at the foot of the page, they are to be separated from the text by a fifteen space solid line drawn from the left margin and one double space below the last line of the text. If given at the end of a chapter, a centered heading ‘FOOTNOTES’ is necessary. Reference to footnotes is made by the use of superscripts i.e., numerals raised by one-half space. Footnotes should be numbered consecutively through a Continue reading

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Strategic Control and Operational Control

Strategic Control Strategic control focuses on the dual questions of whether: (1) the strategy is being implemented as planned; and (2) the results produced by the strategy are those intended.” Strategic control is “the critical evaluation of plans, activities, and results, thereby providing information for the future action”. There are four types of strategic control: premise control, implementation control, strategic surveillance, and special alert control Premise Control: Planning premises/assumptions are established early on in the strategic planning process and act as a basis for formulating strategies. Premise control has been designed to check systematically and continuously whether or not the premises set during the planning and implementation processes are still valid. It involves the checking of environmental conditions. Premises are primarily concerned with two types of factors: Environmental factors (for example, inflation, technology, interest rates, regulation, and demographic/social changes). Industry factors (for example, competitors, suppliers, substitutes, and barriers to entry). Continue reading

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Modes of debt recovery other than normal debt recovery procedure

(1) Where a certificate has been issued to the Recovery Officer under Sub-section of section 19, the Recovery Officer may, without prejudice to the modes of recovery specified in section 25, recover the amount of debt by any one or more of the modes provided under this section. (2) If any amount is due from any person to the defendant, the Recovery Officer may require such person to deduct from the said amount, the amount of debt due from the defendant under this Act and such person shall comply with any such requisition and shall pay the sum so deducted to the credit of the Recovery Officer: Provided that nothing in this sub-section shall apply to any part of the amount exempt from attachment in execution of a decree of a civil court under section 60 of the Code of Civil Procedure, 1908 (5 of 1908). (3) (I) The Recovery Continue reading

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Strategic Issues in Project Management

An issue is something that has happened and either threatens or enhances the  success of a project. Issue management is the process for recording and  handling any event or problem. Some of the issues can be dealt within the  project. However strategic issues may require a change in order to keep the  project viable.  The concept of “strategic issues” has emerged as a way to identify and manage  factors and forces that can significantly affect an organization’s future strategies  and tactics.  Project owners need to be aware of the possible and probable impacts of  strategic issues. The project team leader has the primary responsibility to focus  the owner’s resources to deal with project strategic issues.  In a project, a strategic issue is a condition of pressure, either internal or  external, that will have a significant effect on one or more factors of the project,  such as its financing, design, engineering, Continue reading

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Concept of Accountability in Financial Management

“Accountability breeds responsibility” – This is a famous quote by Dr. Stephen R. Covey gives the meaning of accountability in rather general terms. The concept of accountability can be defined as the process through which a person is held answerable for his actions and deeds. Under the umbrella of the organization the notion of accountability can be stated as the phenomenon through which whether a person at the higher level of hierarchy or at the lower level is accountable for his works and services that he renders to the organization. Accountability from the organizational perspective bears great importance as it is the measure through which the performance of the organization and a person serving can be judged and analysed. Accountability has different forms. First, the individualizing form of accountability can be studied in which the accountability contributes in making the realization of the image an individual perceives about it. This Continue reading

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