Management Matters

Top 10 Management Trends in 2019

noreply@blogger.com (Jalal HB) — Wed, 19 Jun 2019 00:09:00 +0000

The year 2019 is almost half way through and many a managers around the world have already learnt the skills that would give them a head start this new year. But for those who are still mulling over their future course of action, here is a listing that may still gear them up for the remaining part of the year:

Remote Workers
Video Marketing
Rising Wages
Artificial Intelligence
Team Brand Ambassadors
Customer-focused Organizations
Outside Consultants
Work-Life Balance
Continuing Education
Training Millennials

Now these is just a listing and a smart manager may find these not very hard to adopt, for most of the managers today are fully abreast with technological advancements and know the importance of IT and Artificial Intelligence.

If you are a manager, which of the above listing would you instantly adopt if given a choice?

Given to me, I would concentrate on "Continuing to educate" myself of the trends that are taking place around me for being updated and knowing more is a must for just about every industry. We live in an ever-changing world, meaning that what works today may not work as well tomorrow. For as technology like AI and other improvements are integrated into one's company’s mainframe, employees will need to learn how to adapt to the changes. This provides opportunities for both internal experts and outside consultants to offer training on these advancements.

Photo | Read more about it at: Teamwork
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Concept of Management

noreply@blogger.com (Jalal HB) — Wed, 08 Nov 2017 07:17:00 +0000

We often talk of management in almost all spheres of our lives - from home to office and from shops to malls - nothing moves without efficient management by everyone; from ordinary worker to the top hierarchy or even your wife when it comes to handling and 'managing' the affairs of the house.

So what this management really means and is all about.

Management is in fact the administration and coordination of efforts of every tool, machine and human resource for best possible 'productive' output. Simply speaking, management is the process of dealing with or controlling things or people. F W Taylor describes management as an art of “knowing what you want to do” and then seeing that it is done in the best and cheapest way

But a detailed and more elaborate definition of management is defined by Wikipedia as: The administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.

Going deep into the concept, things start to take rather complex shape as far management is concerned. The concept of management translates into a process of planning, organizing, staffing, directing, co-ordinating and controlling the activities of business enterprises. It is also described as the technique of leadership, decision making and a mean of co-ordinating.

From the above, it can be seen that it is the leadership which decided and defines the concept for the enterprise by taking the right decisions and coordinating all efforts for the ultimate goal of optimum productivity, outcome and profits.

Now this is simply a birds eye view of management. But there is whole lot more to it and I will try to broaden the concept in my future posts.

References: Wikipedia | Photo

Body Language: What messages does it convey

noreply@blogger.com (Jalal HB) — Sat, 23 Apr 2016 05:18:00 +0000

Managers are the people who interact with people, clients, colleagues and subordinates more than the ordinary people. And when confronted with seasoned managers, their body language conveys a lot about them and what actually they mean at a given point in a discussion.

Body language is in fact is a major indicator of what actually a person is thinking or what actually he means when talking to a client or a compatriot. And it would be naive on the part of one person to think that the other is a fool.

In fact on the other end of the table or discussion are people who are seasoned managers too and some of them may know exactly what body language of the person in discussion is conveying to them: Whether he is bluffing or conveying positive indicators in his approach.

Just watch the small video below I came across on Facebook and see what your body language may actually convey to others:

Who are successful people - 6

noreply@blogger.com (Jalal HB) — Wed, 14 Oct 2015 07:39:00 +0000

[Photo]

This is the 6th post of the series of posts about who successful people really are. To many successful people are who are rich and famous, celebrities and people of fun and parties. Yes to an extent they are right. But most of these people become celebrities by a stroke of luck or an opportunity robbed from the window of opportunity opened just about the time they were there.

But real success does not come easy. The climb up the ladder of success is laborious and requires resilience, determination and IDEAS.

Yes ideas - it is the ideas that have driven men from obscurity to the zenith of success. Just have a peep back into the history and would find that whatever we are today or the comforts we are consuming are just due to ideas of some people who thought and made sure their ideas worked for the benefit of others.

We have two kind of people in any organization, business or even our daily routine life: People who talk about people and remain jealous of them, and people who discuss ideas. Discussing people is easy - something women very good at. But discussing ideas is attributable to really successful people.

Bill Gates is a drop out from his studies - but his idea made him the boss of one of the biggest organizations of the world: Microsoft. Likewise Steve Jobs turned Apple into a fortune minting organization and now a a big chunk of world's tech-gadgets and smartphones belong to Apple.

So always concentrate your energies on thinking and discussing ideas - not whiling away your precious time discussing people that does not yield anything but heartburning.

Think it over!!

My previous on the series:

Who are successful people - 1

Who are successful people - 2

Who are successful people - 3
Who are successful people - 4
Who are successful people - 5

Shared from Wittyfeed

Who are successful people - 5

noreply@blogger.com (Jalal HB) — Sat, 10 Oct 2015 14:11:00 +0000

I have been talking of qualities, character traits and leadership skills of the people we call successful - be in business as managers or entrepreneurs or in our ordinary lives - even to keep the matrimonial relationship intact.

And we analyze the qualities discussed in four of earlier posts, we will find that these qualities are not hard to acquire or exhibit. It only needs just the right kind of mindset to become successful or unsuccessful, if one choses to be so by neglecting these simple yet very practical tips.

However, the tip of the day is a little bit difficult - something that we often find hard to exhibit and adopt: Forgiveness.

Forgiving someone who has harmed us and has robbed from us the opportunity when it was our day to shine is perhaps the most difficult character quality of leaders, managers and even ordinary people when dealing with their nagging relatives and so called friends.

The most oft argument against forgiveness is that it makes one weaker and let the actual defaulter or culprit walk away with head high. But that is what we think. One has to forgive not innocently but firmly - so that the real culprit knows that you are doing it as a good man and NOT as a weak and meek one to succumb to others' position or authority or fear.

Think it over and try forgiving someone who has harmed you and you would more often than not find the defaulter thanking you for being so kind for forgiving. The weak and eek can never forgive. Forgiveness is the attribute of the great and strong.

Remember all Prophets of God always forgave - why cannot we?

Photo: The tree of forgiveness

My previous on the series:

Who are successful people - 1

Who are successful people - 2

Who are successful people - 3
Who are successful people - 4

Shared from Wittyfeed

Who are successful people - 4

noreply@blogger.com (Jalal HB) — Sat, 26 Sep 2015 08:46:00 +0000

I am sharing a series of graphics showing who are successful people and what makes them so. My previous and third post centered on successful people who continue to learn more rather than sticking on to their already gained knowledge which may not conform to the requirements of the day and changing business or environment patterns.

How is your attitude towards your colleagues and subordinates when they do something good for the organization or to you? This is what we are going to dwell at today.

Thus my fourth post today centres on people who give compliments to their colleagues and subordinates when they render any assistance or proffer a new idea which may be helpful in solving a problem. This is what the successful people do as against those unsuccessful people who are always bickering and criticising others for no valid reason.

Even complimenting a stranger opens up a conversation and makes new friends. It even sparks creativity in people being complimented. But remember compliment people - but do not flatter as it may leave a person overjoyed beyond a point which may make one proud and over confident.

So always be forthcoming in complimenting others, for its leaves a refreshing impression on others, which may in turn help them work more being refreshed by a pat of filip on their shoulder - rather than being demoralised by undue criticism.

My previous on the series:

Who are successful people - 1

Who are successful people - 2

Who are successful people - 3

Shared from Wittyfeed

[Photo]

Who are successful people - 3

noreply@blogger.com (Jalal HB) — Sun, 20 Sep 2015 08:07:00 +0000

I have so far shared two reasons that make people successful or otherwise. This is my third post as to who successful people really are.

These series of posts are specially for the benefit of the managers and people associated with business as a small let up here and there can cost the business very dearly - and also to one's future career.

One has to be mindful of one's behaviour when one is dealing with people or when being watched by his colleagues and subordinates. Those watching him want to see something new in his approach or strategy rather than sticking on to the traditional mindset rotting due to inertia and stagnation.

As can be seen in the graphic below, those who continuously try to learn new strategies and new business techniques carry the day.

Here comes the opposing side: They contend that whatever they know has been time tested and has been used by many a successful manager in the past. True to an extent as there is no alternative to experience. But that does not mean that one should not try out new things for advancement in technology has changed many business strategies altogether - even leaving some redundant.

Remember:

Successful people believe that learning never ends. This doesn’t mean they’re going to school to get new degrees, although they may. Even without formal education, they’re constantly reading and learning from others around them, perhaps from books, trade magazines or conferences, or from others who are ahead of where they want to be.

What have you learned recently that can get you closer to the success you want? If you haven’t picked up a book, trade magazine or listened to CDs or MP3s that can get you smarter in your field, it’s time to start. (Source)

What do you say?

My first post on the series:

Who are successful people - 1

Who are successful people - 2

Shared from Wittyfeed

Moody’s predict stable outlook for Pakistan

noreply@blogger.com (Jalal HB) — Sat, 19 Sep 2015 06:42:00 +0000

International monitoring watchdog Moody’s Investors Service has assigned a provisional rating of (P)B3 to Pakistan’s announced global bond offering while keeping the outlook stable.

The predicted announcement comes after Pakistan and China agreed to establishing a China-Pakistan Economic Corridor (CPEC) from Pakistan's Gwader port on the Arabian Sea to China through land route in Pakistan.

CPEC is expected to generate immense economic activity in Pakistan including the communication, transportation and power generation sectors.

Source

Who are successful people - 2

noreply@blogger.com (Jalal HB) — Fri, 18 Sep 2015 14:47:00 +0000

A few days back I shared a graphic representation of people who are successful. Success has many facets and shared just one in my previous post.

Success specially for managers and entrepreneurs is a must without which they cannot exist or face their contemporaries. Unless they know the secrets behind success, they just cannot survive the rigours of the marketplace and are sure to doom.

With this analogy in mind, I shared the first graphic representation of successful people: They want others to succeed and help them doing so, rather than pulling their leg from down below for them to fall to create a vacuum for them to fill in.

Today, I am sharing the second trait of successful people:

This is something that relates to their character traits: They take the responsibility when something goes wrong, rather than blaming others and trying to get away. Those who take the blame, rise above others, both in the eyes of their employers and their subordinates. While the second kind is caught one day and are dishonoured.

I hope you would like to be in the first category and let your character tell who you are!!

My first post on the series: Who are successful people - 1

Shared from Wittyfeed

Who are Successful People - 1

noreply@blogger.com (Jalal HB) — Wed, 09 Sep 2015 05:48:00 +0000

This world is about successful people only. Be it business, politics or anything else - it is those few successful people who have changed the canvas of the world scape and made the difference.

What makes people successful anyway? I came across a few figures showing what makes some people successful and gives them an upper edge over the others. I shall be sharing these couple of dozen figures one by one so that newbies take time to absorb the idea and learn how to be successful in anything they do.

Here is the first one:

Noticed the thin line difference? The successful people help others to succeed - while the unsuccessful people are always trying to make the successful people fall - rather than concentrating their energies to succeed.

Always remember: Strong people do not put others down - they lift them up !!

This is the first one - wait for more four more reasons that make people successful.

Shared from Wittyfeed
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275,000 people not paid as HSBC's payments system fails in Britain

noreply@blogger.com (Jalal HB) — Sat, 29 Aug 2015 04:12:00 +0000

It was a bad day at HSBC as it failed to make payments to some 275,000 people due to system crash.

A report says that hundreds of millions have not been paid to up to 275,000 people Saturday today and the victims take to social media to complain as their salaries are not paid.

HSBC first denied fault but three hours later Britain's biggest bank, which has 16 million UK customers, revealed an IT glitch in the Bacs system meant they failed to transfer hundreds of millions of pounds on pay day.

HSBC has however promised that the payments will be made by the evening.

Bacs, that stands for 'Bankers' Automated Clearing Services,'is a system in the UK for making payments directly from one bank account to another and is used largely used by employers to pay employees weekly or monthly.

Read details at Mail Online

Beware! Overweight candidates are normally ditched

noreply@blogger.com (Jalal HB) — Fri, 10 Apr 2015 01:12:00 +0000

A recent survey shows that overweight candidates are normally ditched b their potential employers during the interviews on the pretext that overweight people are generally lazy.

A recent survey that questioned 1,000 British companies concludes that almost half companies said they are less inclined to recruit an applicant after interview if they are obese or overweight.

Beverley Sunderland, managing director, at Crosslands Employment Solicitors, who commissioned the research, said: 'Our research shows that prejudiced attitudes towards hiring obese workers are rife among British employers.'

The findings come in the wake of a European court case brought by unions and lawyers on behalf of 25st childminder Karsten Kaltoft, 50, who claimed he was sacked by his local authority in Denmark in 2010 for being too fat.

This rather distrubing news should serve as an eye opener for all those who give more weightage to their intellect / degrees and CV rather than their physical appearance.

Read more about the study at the Daily Mail

Do you interpret a candidate's CV Correctly?

noreply@blogger.com (Jalal HB) — Mon, 09 Mar 2015 06:58:00 +0000

As an employer, manager or being part of the interviewing panel, managers are more often than not have to spend considerable time in reading the CVs of the appearing candidates to 'know' them before they appear for the interview.

But do you know that generally employers / managers / interviewers draw the wrong conclusions in key personality areas from a CV?

If you are surprised by this finding, you are certainly one of theose who do draw wrong conclusions in key personality areas from a CV of a candidate and thus are unable to correctly interview the person and may not benefit from his/her correct personality traits, says a recent study.

A study group, which recruited 122 managers/potential interviwers to study 37 CVs, has found that recruiters made flawed judgements about a candidate's personality based on what they read in their application. On five key personality areas, HR staff drew the wrong conclusions with a huge potential impact on a candidate's chances of getting an interview.

In each of 37 cases the 122 recruiters were asked to look at 77 aspects of the document covering what psychologists called the 'big five' personality traits. These were openness, conscientiousness, extroversion, agreeableness, and neuroticism.

And surprisingly, the findings showed that the recruiters were bad judges of character. In particular they tended to rate people higher than they were really in extroversion - a quality which meant they were more likely to be hired - and lower in conscientiousness than the reality.

Watch the video below on how to correctly evaluate a CV:

Read more about it at: Daily Mail (Photo: Pixabay)

Do You or Will You Offer Flexible Work Arrangement...

noreply@blogger.com (Jalal HB) — Sat, 03 Jan 2015 08:23:00 +0000

Take a look at the survey conducted by SHRM (Society for Human Resource Management) and check out their findings. The numbers are pretty high within the 5-Year outlook and showing a combined 80% (approximately) of the organizations who will very likely or likely be offering Flexible Working Arrangements or ability to Telecommute.

I truly believe when we offer more flexible options to workers, you will be rewarded with happier, engaged employees and lower turnover.

Read complete post at:
EWHRsmallbiz

Photo: Pixabay
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How to Influence People - and make friends

noreply@blogger.com (Jalal HB) — Tue, 11 Feb 2014 08:41:00 +0000

Influencing people is the major job of a manager and a marketeer in the world of business. Even in ordinary life, we come across difficult people to deal with. And the test is to win them over and make them friends or good followers if in business.

Dale Breckenridge Carnegie, born Maryville, Missouri, United States, was an American writer and lecturer who not only wrote about influencing people but also helped people with his studies for self-improvement, salesmanship, corporate training, public speaking, and interpersonal skills.

Herein under is a diagrammatic interpretation of Carnegie's model of winning people and leaving a long lasting influence on them. For managers in the corporate world in particular this method may come handy and bear dividends not only to influence others but also make life long friends.

Try it and you will find it to your advantage both in your personal life and business.

Leadership Test

noreply@blogger.com (Jalal HB) — Fri, 27 Dec 2013 00:50:00 +0000

This is a simple leadership test - If you are confronted with a difficult situation, what would be your choice?

The answer lies within you and would reflect your leadership qualities !!

Project Management - the Essence of Business Management

noreply@blogger.com (Jalal HB) — Mon, 23 Dec 2013 10:24:00 +0000

[Photo]

As the business dynamics are changing with the advancement in business tools, technological advancement that aid business, so is the requirement to know more about Project Management or PM to boost one's business.

What is Pm then? Project management is the discipline of planning, organizing, motivating, and controlling resources to achieve specific goals. This project management aims to achieve all of the project goals and objectives while honoring the preconceived constraints.

Project management in fact address the rather static business structures, processes and organisation design to conform these to the constantly changing requirements of the customer demands. The PM helps in understanding new technologies, meeting the requirements of new legislation or developing an entirely new product from the existing infrastructre.

A Project Manager also advises the business geeks how to confrorm the structure of their business vis a vis the customer requirements and altogether new products by making modifications and incorportaing new technologies.

How can Project Management help bringing in more business, can be summed as under:
Defining the End State:
This may be surprising for for some as why the end state come first rather than defining the goal posts from the beginning Well a project manager would argue that one must know what the end product really is. As I wrote before, the business structures and designs are rather static and cannot be realigned for each new product.

Having ascertained what final product would be, the entire process planning from start to end is to be road mapped - worked back and redefine the business process to make modifications to make the product.

Working out the Resources Requirement:
Once it has been ascertained how the end product would look like, it would be easier to work out its resources requirement. This would include requirement of specialist staff, financial outlay, project cost and need for additional technical tools. While doing so, additional costs to hire machines, staff and material should not be overlooked.

Project Overlay:
Once the end product has been identified and its special need know, the entire project is laid out from beginning to end and a formal approval is obtained for the project to be implemented smoothly.

Planning and Scheduling:
Once the project is approved, then the detailed nitty-gritty are planned since these are very critical for the success of the project. While doing so, time and resources for unforeseen eventualities must be catered for so that the project does not bog down half way for something not planned or catered for earlier.

Monitoring the Getting Going:
Once the project gets going, a Project Manager should be the most restless person around. Unless the entire project is kept under nose and full supervision, something may drastically wrong which may not be possible to correct later on.

In fact this is the difference between Quality Control and Quality Assurance. A project manager is more concerned with the latter so that if anything goes wrong at any stage, the process can be froozen, controls applied and go ahead given. A wuality control approach may overlook many things in the process and the final product then may not be acceptable to the customer.

It will be thus seen from the above sequence that a projetc manager is hit against the wall all the time and fighting to break the inertia - the rather static nature of business process and relcutance of people involved to work on a changed framework.

I remember once I made changes to an age old system of work, and the entire staff pressed their feet on the brakes to adapt to the new system. I somehow managed to got them going - it was only after they understood the new strategy of doing things, they found out how much extra they had been working previously with far lesser refinement as they did after changing over to new techniques and mindset.

Do you know What is 'Contextual Marketing?'

noreply@blogger.com (Jalal HB) — Tue, 07 May 2013 01:50:00 +0000

Use of internet and digital devices has become a centre point in business - specially for marketing. Unless managers at sales and market departments are laced with apps and aids available to boost their business and bring business to their organizations, they will always be lagging behind than others.

There are many aids available online - and one of these is Contextual Marketing!!

Todd Wasserman at Mashable contends that there's always a context to your marketing, just like there's a context to every action. You could argue that you're a proponent of contextual walking if you can explain the reasoning and circumstances around your perambulations. Contextual eating, meanwhile, occurs whenever you can furnish information about the setting and thoughts that went behind each bite.

David Jacobs, consumer protection counsel for the Electronic Privacy Information Center, a watchdog group, says:

"I believe contextual marketing refers to advertising that's designed to align with the media property in which it appears. For example, if you're browsing Auto Trend then you'll see ads for cars and motor oil. If you're watching Bridezillas then you might see ads for feminine products. And so on.

What do you think? Think more about Contextual Marketing and see how can it benefit your business!!

Welcome to the Sales Department

noreply@blogger.com (Jalal HB) — Tue, 07 May 2013 01:39:00 +0000

Sales is a department that entails salesmen making statement about a product that company wants to project and what consumers want to hear - not what the product actually is.

What do you think?

Time Management

noreply@blogger.com (Jalal HB) — Tue, 19 Feb 2013 14:56:00 +0000

Tiers of Management

noreply@blogger.com (Jalal HB) — Sun, 03 Feb 2013 15:32:00 +0000

[Funny Sales Cartoons]

People say I need anger management

noreply@blogger.com (Jalal HB) — Fri, 25 Jan 2013 08:01:00 +0000

See many more funny pics at Jokideo

Turning Towards Guerilla Tactics

noreply@blogger.com (Jalal HB) — Mon, 07 Jan 2013 16:22:00 +0000

Guerrilla tactics have been applied to marketing for as long as marketing has existed, and they've been applied to warfare for as long as war has existed. People, brands, and armies have resorted to using them for a variety of reasons: they’re outgunned, outnumbered, out-budgeted, etc. These tactics give the ability to work around the biggest obstacles and to level the playing field.

All around the world you’ll find brand’s in similar conditions. Not in the state of revolution and war, but struggling to find a way to work around a significant disadvantage.

There is no shortage of competition in any market and as a result new brands and smaller brands find themselves hitting a wall when it comes to establishing their share of the market. As a result we’ve been forced to look at thing a little differently. Below are some of the guerilla tactics modern brands are using to win today:

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Hyper Specialization
Community Building
Storytelling

Haven’t you been “listening”? We need customers who have influence, online and off to survive. Word of mouth marketing has always been the most effective way to grow a brand and that will never change. What has changed, is that our customers now have a more measurable influence in the digital space.

The time to strike is now! While big brands with big budgets continue to push their resources through traditional media with traditional tactics we can move in and carve out chunks of their market share before they even know what hit them.

Read more about the three brands of Guerrilla Tactics at: Marketing Apocalypse

12 BuzzWords likely 2013

noreply@blogger.com (Jalal HB) — Thu, 03 Jan 2013 09:54:00 +0000

The year 2012 is days gone now and everyone is talking of 2013, even businessmen - big or small.

Would they be the same as of last year or use different jargon or language to impress upon their customers to enhance their business?

BusinessNewsDaily interviewed small business owners, PR people, entrepreneurs and others to give workers a heads up on which buzzwords they may see in the coming year.

Advertainment -- "Advertising is no longer about interrupting what people are interested in, it's about being what people are interested in."
Phablets -- A mixture of a smartphone and tablet.
Growth hacker -- "A role that replaces traditional marketing roles in fast-growing businesses."
Social learning -- "An individual's learning a skill through observation, without necessarily changing their behaviors or on-the-job performance.
Alphanista -- "Successful women in powerful positions having it all."
Acqui-hire -- "A blend of acquired and hired."
Return on involvement -- A brand that "gets involved with their community will garner better return on their investment by getting involved hosting fundraisers, partnering with schools and giving the local residents a gathering spot."
Inventreprenuers -- "An entrepreneur-inventor hybrid that markets and/or manufactures their own creation."
Twinternship -- "An internship where the student’s mission is to promote the company and its brands using social media such as Twitter and Facebook."
Wantrepreneur -- Someone who hasn’t "taken all the steps necessary to take the leap" intoentrepreneurship.
Minergy -- Someone who uses "minimal energy to get the task accomplished."
Tri-ti-tasking -- "Doing three things at once."

What about you, if you are a businessman - would you use this vocabulary too?

via Mashable

Management Matters

Top 10 Management Trends in 2019

Concept of Management

Body Language: What messages does it convey

Who are successful people - 6

Who are successful people - 5

Who are successful people - 4

Who are successful people - 3

Moody’s predict stable outlook for Pakistan

Who are successful people - 2

Who are Successful People - 1

275,000 people not paid as HSBC's payments system fails in Britain

Beware! Overweight candidates are normally ditched

Do you interpret a candidate's CV Correctly?

Do You or Will You Offer Flexible Work Arrangement...

How to Influence People - and make friends

Leadership Test

Project Management - the Essence of Business Management

Do you know What is 'Contextual Marketing?'

Welcome to the Sales Department

Time Management

Tiers of Management

People say I need anger management

Top 10 Marketing Blog Posts of 2012

Turning Towards Guerilla Tactics

12 BuzzWords likely 2013