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Business Manangement Articles from Management Consulting Comp
Business Management Articles
- Fishbone Diagram
The Cause and Effect Diagram, or Ishikawa/Fishbone Map - Leadership Theory
Origin, evolution, and discussion of Leadership Theories - Fiedlers Contingency Theory of Leadership
Fred Fiedler's theory on the causes of effective leadership. - Path-Goal Leadership
Lead those who would follow to the right path, and then get out of their way. - Halo Effect
Learn about the powerful Halo Effect. Learn how it works, and how to avoid it when evaluating others. Or, if you're so bold, learn to utilize the Halo Effect to accomplish your goals. - Gantt Chart Tutorial
Gantt charts have become fundamentally important to effective project management. Master their use and projects will run smoothly and communication will be painless. - Root Cause Analysis: Benefits, Advantages, Disadvantages - Training
Root Cause Analysis Training is essential for nearly any managerial role. Murphy says: What can go wrong will, but armed with Root Cause Investigation skills you get to the bottom of the failure and keep it from happening again. - Break the Golden Rule: Rewarding Top Performers (Techy Version)
The Golden Rule is deceptively simple. And it's simply wrong. Everyone is different and, as a result, different things motivate them. Rather than doing for others, such as employees, as we would like to have done to ourselves, we should, instead, - Avoiding the Spam Trap: Get your message delivered!
E-mail is dead! Some publishers believe that email's pollution and congestion has ruined email for customer interaction. The recent passage of the CAN-SPAM law only increases the chance that your message will be deleted by spam filters. RSS may be the cure, but is it ready? - Break the Golden Rule: Rewarding Top Performers (Small Business Version)
The Golden Rule is deceptively simple. And it's simply wrong. Everyone is different and, as a result, different things motivate them. Rather than doing for others, such as employees, as we would like to have done to ourselves, we should, instead, - Will American Businesses Ever Recover?
The economy is recovering, but sensationalist media prevents the average American from truly feeling the impact. As business people, it has become our responsibility to ensure that consumers become conscious of the economic resurgence and to motivate purchasing decisions, instead of sitting idly, waiting for things to get better. - Give Your Employees a Break Today: Are You a McJob Manager?
The 21st Century is upon us. The world has changed significantly since the 1950's. Even McDonald's is taking notice, and taking offense at the new dictionary entry: McJob. While McDonald's (and the rest of the world) are changing with the times, some managers - The Hawthorne Effect
Elton Mayo examined productivity and work conditions at the Western Electric Hawthorne Works. The results were not what anyone had anticipated, and the startling results were thereafter referred to as the Hawthorne Effect. - Maslow's Hierarchy of Needs
Abraham Maslow devised the defining work of human motivation. He theorizes how humanity is motivated by more than simply the desire to survive, and that these needs build upon one another, as each need is fulfilled, a greater need takes over. - McGregor's Theory X and Theory Y
Douglas McGregor documented the distinctions between two modes of thought regarding managing staff. He defines these two motivational theories as X and Y, and indicates how they impact the motivation and effectiveness of the staff with whom they are practiced. - Alderfer's ERG Theory
Clayton Alderfer improved upon Maslow's Hierarchy of Needs by accounting for some of the shortcomings in the original definition of human motivators. His enhancement is called the ERG theory because it reduces Maslow's somewhat overlapping needs to three fundamental needs: Existence, Relatedness, and Growth. - The Pareto Principle
Dr. Joseph Juran took Vilfredo Pareto's economic study one step further, and unlocked the universal secret of distribution, which is the keystone for modern scientific management and productivity improvement. Since Juran's work was based upon Pareto's original findings, it has been dubbed The Pareto Principle. - The Red Queen Principle
L. van Valen noted an effect within competitive evolutionary systems: As one system improves, all other, competitive systems have to progress similarly to maintain their relative place. - The Peter Principle
Dr. Laurence Johnston Peter noted some key behaviours of beaureaucracies. These concepts are referred to as "The Peter Principle"