Understanding Basics

Providing Knowledge

  • Leadership: From Becoming a Manager to Becoming a Leader

    Power, Influence, & Leadership: From Becoming a Manager to Becoming a Leader The Nature of Leadership: Wielding Influence A leader is a person who inspires his followers in such manner that they voluntarily strive to make the organizational goals possible. There is a huge difference between managers and leaders. A management position has to deal […]

  • Groups and Teams

    Groups and Teams: Increasing Cooperation and Reducing Conflict Groups versus Teams When individuals come together they form a group, this group can be formal for doing something constructive or informal for pleasure like friendship. A formal group is usually seen in organizations where they are directed to achieve some common objective like organizational goals. However […]

  • Hedge Accounting

    Hedge Accounting Hedging is making an investment to mitigate the risk involved in adverse price fluctuations of assets. Generally, hedging consists of taking and offsetting position in security e.g. future contracts. While hedging accounting is a method of accounting in which the entries for the ownership of a security and the opposing hedge is treated […]

  • Chartered Accountant

    Chartered Accountant Accountancy and finance is the basic requirement of how a business in operated around the world. Accountants are specialist of their field and they have been assisting businesses with their advice and suggestions over the financial and monetary information to the all sizes and types of companies over many years. Chartered accountants understand […]

  • Employee Motivation

    Employee Motivation: Achieving Superior Performance in the Workplace Motivating for Performance  The management need employee motivation studies and approaches in favor of their businesses, by learning the motivation techniques one can pursue a desired behavior for fulfillment of objectives. The simple model of motivation states that behavior can be induced by rewards. There are two […]

  • Managing Individual Differences & Behavior

    Managing Individual Differences & Behavior: Supervising People as People 1 Personality & Individual Behavior Personality is defined by the psychological and behavioral traits. There are five dimensions to personality which management needs to be careful about, which are extroversion, agreeableness, conscientiousness, emotional stability and openness to experience. Other than this management also needs to be […]

  • Organizational Culture, Structure & Design

    Organizational Culture, Structure, & Design: Building Blocks of the Organization 1) What Kind of Organizational Culture Will You Be Operating In? Organization culture can be defined as an environment where shared beliefs and values guide the behavior of its members. There are four types of cultures including clan, adhocracy, market and hierarchy. There are three […]

  • Global Management: Managing across Borders

    Global Management: Managing across Borders 1) The Nature of Change in Organizations Globalization has affected the business world and it caused the businesses to change its strategies according to the new trends like segmented products, targeted products with speedy delivery, innovations for a better product, styles of working and utilization of knowledge. There are two […]

  • Strategic Human Resource Management

    Getting the Right People for Managerial Success 1 Strategic Human Resource Management The strategic human resource management process aim is to optimize the workforce for the achievement of organization’s mission and vision. Human capital and Social capital are two main concepts in HRM. For better understanding of current and future employee’s needs a comprehensive strategy […]

  • Individual & Group Decision Making

     How Managers Make Things Happen 1) Two Kinds of Decision Making: Rational & Nonrational Decision making is a process of choosing the best alternatives among many. Managers follow two types of models in making decision which are rational and nonrational. In rational model assumes that the managers will make logical decision, there are four steps […]