Knowledge Management, (KM) is a concept and a term that arose approximately two decades ago, roughly in 1990. Quite simply one might say that it means organizing an organization’s information and knowledge holistically, but that sounds a bit wooly, and surprisingly enough, even though it sounds overbroad, it is not the whole picture. Very early […]
The term “Paradox of Thrift” refers to the situation where increase in savings ultimately reduces to productive capacity, employment and saving itself. J.M. Keynes introduced the concept of paradox of thrift while discussing the great depression of the 1930s. Thriftiness means the tendency of saving more. The classical economists regarded the saving as a […]
Employee performance wages and incentives Employee performance, performance evaluations, reward system, basic pay and increasing pay, incentive pay, employee benefits, non-cash incentives, compensations. Employee performance An employee’s action and activities that comply with the job descriptions is called his /her performance. An employee performs the duties assigned to him/her through his ability, which consists of […]
Human resource management Forecasting workforce requirements, over staffing, under staffing, and balancing the workforce, employee turnover, absenteeism, recruitment and selection of employees, training and development of employees, training need identifications, induction training, job skill training, group training and self learning systems, various methods of training, coaches to improve employee performance. Forecasting workforce requirements The first […]
Organizations change and development The field of organizational change and development, the organizational intervention, complex issues facing organizational development. The field of organizational change and development “Organizational change is the implementation of new procedures or technologies intended to realign an organization with the changing demands of its business environment, or to capitalize on business opportunities.” […]
Group dynamics, team building, and conflict management Types of groups in an organizations, group behavior, group influences, organizations influence in group behavior, teams in an organizations, the trouble with teams, high performing teams and effective teams, the team building approach, when it is needed, aspects of team building efforts, improving ongoing work teams, building new […]
Motivation and leadership Good human relation and work environment, people’s want and need, Maslo’s hierarchy, theory X and Y, Personality development, Chris Argys, Herzberg, McClelland, Vroom theory, leader and manger, traits of leadership, contingency theory of leadership, autocratic and democratic leader, charismatic leader, leadership grid, expectancy theory of leadership, lifecycle theory of leadership Good human […]
Principles and types of organizations Need of organizations, formal organizations structure, departmentalization, departmental characteristics, span of control, line and staff, checks and balance within the organizations, organizations design, understanding organization, developing a linear responsibility chart, lRC and job description, line organizations , staff organizations, matrix organizations, project organizations, pure project organizations, selecting an organizations for […]
Chapter1 highlights The concept of modern management, F. W. Taylor, scientific management, Administrative and functional management,(classical theory), Max Weber and bureaucracy, Chester Bernard, Neo classical theory, Contingency theory The concept of modern management Setting any goal and achieving it are two sequential and common functions of every individual. For some these activities are very […]