Monitoring is the evaluation of the delegated activity to ensure it is completed in a safe and competent manner with regards to the set requirements and standards. Several strategies can be used to monitor or evaluate the performance of delegated roles. Examples include: Some Strategies to Monitor Delegation Direct observation; Direct observation of team members and … [Read more...] about How To Monitor Delegation In Your Organization?
Any company which produces goods is concerned with the sale of the goods and movement of goods from the company to the end customer. This movement of goods involves three stages - Primary sales, Secondary sales and Tertiary sales. We will discuss each of them in detail. Remember that the movement of goods is critical in this concept. Who is selling the goods and who is buying … [Read more...] about What is Primary sales, Secondary sales and Tertiary sales and what factors determine them?
Performance appraisal is the evaluation of the individual performance of organizations’ employees so as to know more about the abilities in relation to growth and development. Performance appraisals are systematically done as below; Supervisors do analysis on factors that influence employee performances The employees’ pay is measured and compared with organizations … [Read more...] about Importance Of Performance Appraisal
As a manager, there are instances when you find yourself with various demands that complete your little available time. It may become more problematic to the extent of reducing your efficiency in delivering key objectives of the organization. Apparently, every manager is aware that it is practically impossible to do everything effectively on their own. Nonetheless, most of … [Read more...] about 8 myths About Delegation Managers Should Be Aware Of
One of the major mistakes organizations make is neglecting the importance of mentors. If you are a manager, supervisor or head of an organization, you need to start focusing on mentoring to help both your employees to grow in skills and competencies and the organization to succeed. Most successful organizations consider the development of employees as a key success ingredient. … [Read more...] about The Importance Of Mentors To The Organization
A good manager will always find the means to working efficiently with other junior employees. For the realization of goals and objectives of the organization, it is always important to distinguish roles and responsibilities of each party and to adhere to them accordingly. However, there are instances when a leader may decide to delegate some of the tasks to other low-level … [Read more...] about 8 Ways To Implement Delegation Effectively
Power is an essential aspect for the success of any organization. It is not necessarily a bad thing but rather a control of authority, impact and having a particular skill over others. In an ideal organization, both the manager and employee have powers that allow them to monitor and inspire people or events around them on a day to day basis in attaining their goals. If not well … [Read more...] about 5 Sources Of Power For Individuals
The primary goal for all businesses is the success. What this suggests is that setting of organizational goals, aligning and tracking them through actions and results should necessarily be a priority if greater success is to be achieved. The most important rule of goal setting is honesty. In many occasions, you will realize that an organization’s potential is seen in its … [Read more...] about Goal Setting – How To Set The Right Goals Effectively?
If someone asks me the toughest jobs out there, i will definitely nominate sales as one of the top 10 toughest jobs. The reason is simple - because of the sales pressure a sales person faces day in and day out. However, it is important to note that if you asked the experienced sales person, they will always say that sales pressure comes in phases. There are phases when sales … [Read more...] about 8 Reasons for sales pressure and how to manage sales pressure?
To explain the pull strategy in Marketing, let us first understand the origins of this strategy. When it was the industrial revolution, the most common concept of marketing was the production concept. Industries produced goods for consumption and these goods were distributed in the market. The demand was more then the supply. Hence, it was all about manufacturing and not sales … [Read more...] about Pull Strategy in Marketing – Application and advantages of Pull strategy
The current job market needs effective team leaders. Team work is also essential in different group activities and sports. To be a good team leader, one needs to respect different ideologies, listen keenly, keep team members morale high and communicate effectively. With open mind creativity and positive drive, one can be a great team leader. It is important not just to be a … [Read more...] about Six Ways To Be An Excellent Team Leader – Tips for Good Team Leader
Allianz is a multinational company that specializes as an insurance and financial services provider. The services of the company range from property and casualty insurance, life and health insurance to banking and asset management. They have operations and subsidiaries in Europe, Asia Pacific, Middle East and Africa. It is headquartered in Munich, Germany. Strengths in the … [Read more...] about SWOT Analysis of Allianz
When you go to the market seeking new addition for your organization, stakes are always high that you will find raw talent that needs to be groomed to get accustomed to the organizational operations among other elements. It is, therefore, a point of concern to ensure that as a manager you find a way of grooming new hire to ideally, suit and offer the best to the … [Read more...] about How To Groom And Manage A New Employee In Your Team
Employee development is a joint initiative of an employee as well as the employer to improve or elevate the existing skills, knowledge and abilities of an individual. There is huge importance of employee development as employees are the most valuable assets to an organisation and as such, they need to keep themselves abreast with the latest developments in the industry so as to … [Read more...] about 5 Reasons For Importance of Employee Development To Your Company
Surf Excel is Unilever’s premium offering in India, Pakistan, Sri Lanka and Bangladesh. The same brand is known by other names in other countries, like Omo in Brazil, Persil in UK etc. Surf Excel has created a strong brand name for itself in the countries it is present in. Its advertisement campaigns are very popular and have created strong brand recall for the … [Read more...] about SWOT Analysis of Surf Excel