This represents a waterfall type of approach to project planning, where one phase flows into the other. It works well for certain industries such as construction and manufacturing, but it is less ...
Henri Fayol’s management theory – the foundation of administrative management – offers a timeless framework of 14 principles that continue to shape business leadership today. This foundational model ...
The differences between Unity of Command and Unity of Direction are as follows: One subordinate should receive orders from and should be responsible to only one superior. Each group of activities ...
Good management practice is vital for any successful business. With a strong management strategy you can empower and motivate your staff to drive efficiencies throughout your organisation. While there ...
Most people think property management is about fixing broken toilets and collecting rent. But for professionals who want to build trust, value, and long-term impact, it’s much more than that. Great ...
Frederick W. Taylor – widely regarded as the founder of scientific management – revolutionized how businesses operate by introducing time-motion studies, standardized processes and incentive-based ...
Since the mid-2000s, organizational change management and transformation have become permanent features of the business landscape. Vast new markets and labor pools have opened up, innovative ...
While there is a growing consensus as to what good 21 st century management looks like, as well as a recognition that Agile isn’t the only path to achieve it, it is striking to see how many big ...
A version of this article appeared in the Autumn 2016 issue of strategy+business. Most companies have leaders with the strong operational skills needed to maintain the status quo. But they face a ...
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