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Columnist Nan Russell shares career insights learned over 20 years in the corporate world, including as a Vice President at QVC
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In business, do we maximize profit or our business market value? Well, it turns out both are the same. What we mean by maximizing our profit is that we maximize the amount of profit the business will generate in the future discounted by the interest rate. And guess what, that's the value of our business. The catch is we don�t know how much profit the business will generate in the future. So the value of our business depends on the expectation of such profit. The i...
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The illegal dumping of hazardous waste is a global threat to human health and the environment. Find out why hazardous waste should be disposed of legally and by professionals�
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Team building allows you to generate ideas, resolve conflict and merge personalities in order to complement and balance all members of the team. Some examples include having one on one honest meetings to elicit trust, ensuring that each member contributes to final solutions, etc.
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The field of Human Behavior Organization emphasizes the importance of human resources in any business organization. The business filed offers too much focus on manpower development for it is the lifeblood of an existing industry. This consideration provided several honchos in trade enterprise to create spin off departments to cater on different structural framework of human resource management development. Some of the most generic or common filed are the one below: � Hu...
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Managing an organization on its way to success has its own challenges, like dealing with economic factors that may or may not stand as obstacles. Ordinarily, one will claim that this is a Human Resource affair. However, some successful organizations have employed more workable techniques to succeed. This is the human resources of today. The Traditional Role of Human Resources Most people in an organization will identify the Human Resources Department to anything systema...
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Workflows exist in some form at every company. Human-based workflows are usually manually managed and tracked. Meetings, phone calls, paper trails, spreadsheets, emails and desktop applications are typically utilized by business professionals as a means to keep the flow of information orderly. In most cases, a lack of efficiency is unavoidable. A project management system that adapts to any business workflow solves this problem.
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Having a plan and executing that plan are two different things. Planning is good but it won't get you anywhere. Execution is good but without a plan, you won't get to where you want to be. I find that many online business owners tend to lean toward one and not the other. Which category do you fall into? While most people tend toward one or the other, it's the successful combination of planning and executing that will actually make a business successful. Help yoursel...
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One of the most aggravating problems with meetings is people who arrive late. This either delays starting the meeting or undermines the value of work performed at the beginning. Here's how to fix it.
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Administrative Professionals Week/Day is celebrated the last week of April. Let�s show our appreciation to their work efforts. Here are a few ways how.
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