Management articles

A rhetorical triangle is made up of three persuasion strategies namely logos, pathos, and ethos. These three persuasion appeals always work in tandem during arguments. The great Greek philosopher, Aristotle, in 4th century BCE wrote great treatises concerning rhetoric where he outlined the three major rhetoric appeals as mentioned above. Essentially, these strategies are what … [Read more...] about What Is A Rhetorical Triangle And How To Use It

First impressions in business settings are as important as they are in social settings. Leaving a long lasting impression in business meetings or settings is very important both in the short and long term. Giving a good first impression and leaving your client impressed during the very first meeting will go a long way in strengthening your future business ties while at the same … [Read more...] about How To Have A Good First Impression In Business

Time value of money (TVM) is a financial concept concept widely used in businesses and investing and it is used to estimate the value of money over time. This concept states that the value of money changes over time. What does this mean? It is simple, the value of money is not static, it changes and this it does over time. It can increase or decrease depending on various … [Read more...] about What Is Time Value Of Money? Time Value Of Money Explained

There are several differences between a copyright and a trademark. However, to understand the differences, first we need to understand what copyright and trademarks are. What is Copyright? Copyright cover is a law or legal right provided by the law of any given country that gives the creator or author of an original piece of art exclusive rights for its distribution and use. … [Read more...] about Difference Between Copyright And Trademark

Globalization is simply the process through which integration and interaction of countries, companies, and people across the globe. The process is as a result of the investment, outsourced manufacturing and international trade.  All these are supported by information technology, with an aim of bringing economies of various countries together. It is only through globalization … [Read more...] about What is globalization? What are the positives and negatives of Globalization?

A good leader is one who listens to people below him, and not just casual listening but one that understands the subordinates effectively. Good listening skills play a subtle role in the management of most organizations. Sometimes managers can be quite rude and intimidating during communication. What most of these leaders don’t understand is that the rude attitude and … [Read more...] about How To Become A good Listener In Your Organization

Presentations are a great part of organizations all over the world. From time to time, you will be tasked with giving presentations to various stakeholders and interested parties of the organization. Sales, meetings, sharing of information, training and engagement are some of the things that will compel you to give a presentation at some point in time as a manager. However, … [Read more...] about How To Give An Excellent Business Presentation

Theoretically, Human resources management may seem like an easy practice, but in reality or rather in practice it isn’t. As a matter of fact, the personal activity can be very challenging-most of the times. If you ask any HR practitioner today what is the hardest aspect of their job, a majority will answer; involuntary terminations. What is Involuntary Termination? An … [Read more...] about What Is Involuntary Termination And Types Of Involuntary Termination?

When in business, it is always important to ensure that you understand all the forms of marketing strategies that can be able to help you in penetrating and establishing yourself in the market. More significantly, knowing how to utilize such strategies will also see your business becoming a force to reckon in that particular industry. One of the ideal ways of marketing has … [Read more...] about Word Of Mouth Marketing Strategy and its effectiveness

Management planning process is a step by step guide to creating a realistic organizational plan to meet set goals after assessment of available resources. It takes into consideration both long-term and short-term corporate strategies and spells out the vision and the direction to which the company is headed. Organizational planning ensures; Proper Resource Utilization; … [Read more...] about Management Planning Process – All You Should Know

Performance appraisal is a process that needs to be undertaken meticulously if obtaining desirable results is anything to go by. Many managers conduct this kind of evaluation on their employees from time to time majorly because it is an organizational tradition or requirement but not necessarily because of its impact on the future. However, there are those who do it for a … [Read more...] about Problems With Performance Appraisal

Meetings can be helpful in discussing issues that would add value to the overall goals and objectives of the organization. In most occasions, meetings usually bring about interactive sessions that create an environment for providing a positive outcome. At the same time, we also have an understanding that not all meetings work out in such a manner. But it should also not be … [Read more...] about How To Have A Great Team Meeting? – 8 Tips For The Same

An organization that succeeds in its undertakings is one where everyone is given equal opportunities to showcase their skills and competencies. Everyone is given a challenge, accepts it and try it out. It is an ideal way of bringing out the best of employees since from there it becomes easy for you to single out the strengths and weaknesses of every individual, which you can … [Read more...] about How To Empower Teams In Your Organization?

When an economy worsens, and organizations are unable to meet their expenses or become less productive, most of them result in laying off their staff to make profits and remain competitive against rival organizations in the industry. This process is what is referred to as downsizing. While these events are detrimental to the employees who are retrenched, it’s advantageous to … [Read more...] about Advantages Of Downsizing And A Flat Hierarchy

An effective management system should provide each one of its employees with a job description, code of ethics and performance standards. Employees should be made to understand the rules, regulations, and policies of the organization. All these are meant to govern and guide the employees towards exceptional performance, maintain good ethics as well as a discipline at work. As … [Read more...] about How To Improve Employee Discipline? Employee Discipline Problems