There is only one way to attain engaged employees: make them feel important. That should be easy because they are important! After all, if an employee is not important, it means they are not contributing to the success of the company and then, by definition, they should not be an employee. It therefore makes sense [...]

Companies are seeking business process management solutions in a time when the traditional boundaries of their organizations have become increasingly porous to include suppliers, partners, and customers as integrated parts of their operations. At the same time, web-based software has continued to evolve in its capabilities and reach, and companies have increasingly adopted cloud-based services [...]

The location of an industrial plant plays a vital role in determining its success. Management should weigh the pros and cons of the location in terms of cost and revenue as each location might influence these variables in different proportions. Let us try to understand the need for a new facility location. Entrepreneurs interested in [...]

Managerial economics is concerned with various micro and macro economic tools and the analysis of which can be used in managerial decision making to solve business problems. Micro economic tools that are used in this subject include demand analysis, production and cost analysis, break-even analysis, pricing theory and practice, technical progress, location decisions and capital [...]

Several years ago I met a fellow who after ten years of dedication to his religious ideals decided to "take things to a higher level" and study in preparation for priesthood. Unfortunately, it was through his studies that his passion for his religion suffered. It seems that a great deal of his religious education focused [...]

We often refer to management as if it were another person. This is true whether we are an employee, customer, vendor, stakeholder, regulator, legislator, or another manager in the business. If management were a human person, it could have the five senses: sight, hearing, taste, touch, and smell. These senses coupled with the mental ability [...]

Attend a local AHDI meeting or talk to MTs long enough and you will soon be a part of a conversation revolving around a loss of focus in the Association and its effect on the loss of over 12% of members this past year alone. While this is likely influenced to a degree by the [...]

The first two parts of this series on Managing Creativity in Business examined Corporate Killers of Creativity and Key Attributes of The Creative Personality. Now, we look at the methods that managers can employ to manage creative teams. To harness creative attributes and obtain superior work from employees and vendors of creative services, bosses and [...]

Meticulous and detailed, C-style workers are invaluable assets to their respective teams. While they are not the most expressive individuals the precision and quality of their work is unparalleled. Individuals of the C-style are analytical and detail-oriented. They take pride in working conscientiously to ensure the utmost quality and accuracy. Their careful nature is reflected [...]

The theory of Lean Manufacturing considers anything other than creation of value to the end customer as a waste. This theory has taken shape with the TPS (Toyota Production System). Though the TPS speaks of the ‘seven wastes,’ the Lean Manufacturing system goes a step ahead of even eliminating these ‘seven wastes.’ ‘Value,’ in the [...]