controlling family; including the founder(s) who intend to pass the business on to their descendants. Family businesses have always been an integral part of the Indian economy and society. Largely founded on the joint family principle of ownership and management‚ their contribution has always remained very high. However‚ family business as a system has inherited an identity associated with features such as‚ non-professionalism‚ conservatism and poor governance. The fast-paced changes in business environment
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Management Manifesto Management Philosophy What is management? According to Kinicki Williams textbook “Management‚ management is defined as the pursuit of organizational goals efficiently and effectively by integrating the work of people through planning‚ organizing‚ leading‚ and controlling the organization resources (Ch. 1‚ pg. 5 Management: A practical introduction). I believe in order to be an effective manager you must be a positive‚ goal orient‚ organized individual. I also believe an effective
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our objective is to design a Hospital Information Management System (HIMS) which will make the best use of the increasing availability of Information technology and better telecommunications infrastructure to help a hospital manage its matters in an efficient‚ effective manner and provide better and faster medical treatment and care to its patients. Our objective is also to introduce the idea of ‘Telemedicine’ for rural and distant patient management. 2. Introduction We live in a world of inequality
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Journal of Management and Marketing Research Infusing value: application of historical management concepts at a modern organization Andrew H. Clem Nova Southeastern University Bahaudin G. Mujtaba Nova Southeastern University Abstract History and the relative global marketplace have always proven to large organizations that there will continue to be wavering economic waters to navigate as well as deal with constant changes in the business environment. Today’s economy is no different‚ and management strategies
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Technology © 2007 JATIT. All rights reserved. www.jatit.org APPLICATION OF KNOWLEDGE MANAGEMENT IN MANAGEMENT EDUCATION: A CONCEPTUAL FRAMEWORK 1 1 Jayanthi Ranjan‚ 2Saani Khalil Associate Professor‚ Information Management Area‚ Institute of Management Technology‚ Raj Nagar‚ Ghaziabad‚ Uttar Pradesh‚ India. ( 09811443110) 2 Visiting faculty‚ Information Management Area‚ Institute of Management Technology‚ Raj Nagar‚ Ghaziabad‚ Uttar Pradesh‚ India. (09911584640) email : 1saani2000@yahoo
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Mine Management ************************************************** Q. "Safety is a management function"; comment as a manager of a mine how would you ensure compliance with the provisions of the Mines Act and Regulations by all concerned? Chalk out an organizational set-up fixing and integrating accident control responsibility into management operation. Safety is a management function because the root causes of all accidents often relate to the management system. They may be due to management policies
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DEFINITIONS OF MANAGEMENT BY VARIOUS MANAGEMENT AUTHORS Like most modern disciplines‚ contemporary management thought is an evolution of the dynamic process of human communications‚ experience and learning to which many eminent management authors have contributed. One such author‚ Henry Fayol (1841 – 1925)‚ known as the father of modern management‚ was Europe’s most distinguished management author and the first to develop a general theory of management. He maintained that management is “to forecast
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THE ROLE OF RISK MANAGEMENT IN PROJECT MANAGEMENT Risk Risk is an uncertain event or a set of circumstances whose occurrence will have an impact on achievement of one or more of the expected project goal and objectives. Probability – A risk is an event that "may" occur. The probability of it occurring can range anywhere from just above 0 percent to just below 100 percent. Impact – A risk‚ by its very nature‚ always has a negative impact. However‚ the size of the impact varies in terms
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Summary…………………………………………………………………………………………………………………….2 II. Operations Management and Profitability………………………………………………………………………………….3 III. Supply Chain Management and Profitability……………………………………………………………………………….5 IV. Examples/Case Studies……………………………………………………………………………………………………………….8 V. References………………………………………………………………………………………………………………………………..10 Today more than before have the functions of Operations and Supply Chain Management (SCM) impacted the bottom line of companies that recognize the facets
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Human Resource Management: Performance Management Introduction The continuous development improvement of human resource potential requires a successful performance system. Schermerhorn (1999‚ Pg. 250) defined Performance Management System as a system that ensures performance standards and objectives are set‚ that performance is regularly assessed for accomplishments and that actions are taken to improve performance potential in the future. The process of formally assessing someone’s work accomplishments
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