The word ‘competency’ has its roots in a Latin word ‘competentia’ that implies “having the right to speak” or “being authorised to judge”. Thus, they are abilities, ...
Planning: It is the first and foremost function of management, i.e. to decide beforehand what is to be done in future. It encompasses formulating policies, establishing targets, scheduling ...
Henri Fayol was a prominent scientist who was considered to be among the first few who laid a foundation for scientific management. He gave us 14 principles of Management which are ...
Top-Level Management: This is the highest level in the organizational hierarchy, which includes Board of Directors and Chief Executives. They are responsible for defining the objectives, ...
A substantial body of literature discusses succession planning. The first book that addressed the topic fully was “Executive Continuity” by Walter Mahler. Mahler was responsible ...
Conflict management is the process of limiting the negative aspects of conflict while increasing the positive aspects of conflict. The aim of conflict management is to enhance learning ...
Robert Owen (1771-1858), social and educational reformer, remains a controversial and enigmatic figure. Having profited enormously from enterprise in the early Industrial Revolution ...
Talent management is just another one of those pesky Human Resources terms. Right? Wrong. Talent management is an organization’s commitment to recruit, retain, and develop the ...
Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of ...
The first aspect for global companies is to not be parochial in their hiring practices and instead, welcome diversity by recruiting international talent, employees from different backgrounds, ...