Quality, TQM, Important Principles of Total Quality Management (TQM)

Description of quality, Total Quality Management (TQM), Important Principles of Total Quality Management

 Quality
Quality is defined as the standard; let’s say standard of something measured against other things of similar kinds. It could be termed as the degree of excellence of something. It is a sense of appreciation that a product or service is better than others. One can perceive quality by elements like performance, conformance, reliability, durability, serviceability, aesthetics and perceptions.

Importance of MIS (Management Information System) | Role of MIS

Importance of Management Information System (MIS) | Roles of Management Information System (MIS)

Importance of MIS (Management Information System)

 1) Satisfaction of needs

Management Information System (MIS) helps to define the diverse needs through variety of systems such as query system, analysis system, modeling system and decision support system. Through highly systematic and processed data from different system, satisfies the needs of various departments of the organization.

Objectives of MIS (Management Information System) With it's Definition

Brief Description of MIS | Objectives of MIS

Management Information System (MIS)
Management Information System is defined as the formal method of collecting required information in summarized form. It is concerned with providing systematic and analytical information to all levels of managers and supervisors. It can also be defined as the scientific way of collecting; processing, storing, and communicating information relating to the various activities of an organization to the various levels of management so that management may be facilitated in discharging its functions efficiently and run the organization in an efficient manner for the betterment of all. With the help of provided information to the managers, there is possibility of taking right decision at the right time.

Importance of Leadership | Why leadership is essential? | Brief Explanation

Explanation of Leadership | Importance of Leadership

Leadership

Leadership is the ability or art of an individual/group of individuals to lead, guide or influence and inspire other group of people or an organization. It requires skills with clear vision, ability to communicate the vision to team members, ability to organize in an effective and efficient manner, inspire in accordance with requirements. Organization needs strong leadership and management to achieve maximum possible effectiveness out of the available human and other resources.

Benefits or Advantages of Human Resource Management (HRM)

Why is it important to study human resource management? | Benefits of human resource management

Advantages of Human Resource Management (HRM) 

1) Assists in evaluation of HR Policies 

Human resource policies are continuing guidelines on the approach an organization intends to adopt in managing its people. It represents specific guidelines to HR managers on various matters concerning employment and state the intent of the organization on different aspects of HRM such as recruitment, promotion, compensation, training, selections etc. The premise of strategic HRM is that the company’s policies and procedures related to employees should fit into the organization’s broader strategic plan. Development of these links between HR and strategy helps organization to evaluate its current HR policies and to replace outdated or inefficient policies with ones that promote a better workplace environment and employee relations. 

Most Important Characteristics of Human Resource Management (HRM)

8 Most Essential Characteristics of Human Resource Management (HRM)

Human Resource Management (HRM) 

Human resource management is the managerial function in the organization, that deals with issues related to people such as compensation, hiring, performance management, organization development, safety, benefits, employee motivation, communication, administration, and training. It is management process which brings people and organization together so that common and predefined goals are achieved.

Difference between Strategic Management and Strategic Planning

Compare and Contrast Strategic Planning with Strategic Management / Distinguish between Strategic Management and Strategic Planning

Strategic Planning 

Strategic Planning is defined as a systematic process or organization’s process of envisioning a desired future, and translating this vision into broadly defined goals or objectives and sequence of steps to achieve them. It is an organizational management process activity that is used to set priorities, focus energy and resources, strengthen operations, ensure that employees and other stakeholders are working toward common goals, establish agreement around intended outcomes and assess and adjust the organization’s direction in response to a changing environment. In process of strategic planning, the planner should ask to himself/herself that “What must be done here to reach the higher stage?” and “What must be done at the lower stage to reach higher stage?”. This makes the plan more strategic and drastic.

Importance of Planning in Management | Why Planning is Important?

Importance of Planning in Organization, Management. Why Planning is Essential? 

Planning

Planning is when a person thinks of something is to be done & prepares ways to perform the activity. It is the primary function of management in every workforce. Good planning could lead the organization to the specified goals within specified time. Fluctuation in planning cause adverse affect to functioning in the organization. Let’s point out the importance of planning;

Management By Objective (MBO) | It's Features, Process & Advantages

Criteria and Conditions to make sense of MBO, Features of MBO, Steps of MBO, Advantages of MBO

Management By Objective (MBO)

The term management by objective (MBO) was first outlined by Peter Drucker in his 1954 book and then developed by George Odiorne, his student. Management by objective is a management system in which the objectives of an organization are agreed upon so that management and employees understand a common way forward. It is an performance management approach in which a balance is sought between the objectives of employees and the objectives of an organization. It aims to serve as a basic for;

Strategic Management Process | Why Strategic Management Needed?

Explanation of Strategic Management, Essential Strategic Management Process, Need or Importance of Strategic Management

Strategic Management

Strategic management is the formulation and implementation of the major goals and initiatives taken by a company’s top management on behalf of owners, based on consideration of resources and an assessment of the internal and external environments in which the organization competes. In simpler words, it is the management of an organization’s resources to achieve its goals and objectives. Strategic management process activity involves goal setting/setting objectives, analyzing the competitive environment, analyzing the internal organization, strategy formulation, evaluating strategies and ensuring that management rolls out the strategies across the organization.

Essential Features of Object Oriented Programming (OOP)

Principle Feature of Object Oriented Programming (OOP), Features that differentiate Object Oriented Programming from Structured Programming

Features of Object Oriented Programming (OOP)

Object oriented programming is the fundamental concept that encapsulates both data and functions to operate the data into a single unit called as object. It can also be defined as programming paradigm based on the concept of “objects” which may contain data, in the form of attributes and code in the form of procedures(methods). One of the worth feature of OOP is objects that object’s procedures can access and often modify the data fields of the object with which they are associated. Some other main features of OOP including object as feature are as follows;

12 Important Characteristics of Planning | Principles of Management (POM)

12 Characteristics of good work plan that help you in management

Characteristics of Planning

Planning is a process of setting goal, establishing a course of action, implementing the action plans and attaining the goals. It affects all the functions of management.

Characteristics of planning are as follows

1) Planning is the primary function of the management

The functions of management are broadly classified as planning, organization, direction and control. It is thus the first function of management at all levels. Planning lays foundation for other function of management. All the function of management are performed within the framework of plans laid out, thus it is primary function.

Social Responsibility of Business Organization | Principles of Management

Social responsibility of business towards shareholders, customers, employees, governments and public

Social Responsibility of Business Organization

It is the obligation of a business organization to protect social norms and rule within which the organization is operating. Social responsibility in business organization pertains to people and organizations behaving and conducting business ethically and with sensitivity towards social, cultural, economic, and environmental issues. Each and every activity in the organization has connection with the society. Business organization has existence in the society, it performs several functions in the society, it also expands and diversify their business activities in the society. So by this far, it is the obvious responsibility of business organization to perform their activities within the existing rules, regulations and norms of society.

Types of Business Environment | Internal & External Business Environment

Internal and External Business Environment that affect the organization's performance

Types of Business Environment

Environment refers to all external forces, which have a bearing on the functioning of business. And business environment consist of all those factors that have a bearing on the business. It can be defined as total of internal and external factors to an organization that affects it. The term business environment implies those external forces, factors and institutions that are beyond the control of individual business organizations and their management but affects the business enterprise. 

Essential Managerial Skills | Skills of a good manager | POM

3 Management skills that impact positively towards management process and other 5 necessary management skills

Managerial Skills

Management needs skilled manager in order to take out the predefined objectives of the organization/workforce. Manager has to be versatile in his skill, so that he can control the overall workforce. Manager plays the role of leader in the workforce. Weakness in management due to absence of essential managerial skill leads to improper functioning and distance towards goals.

Management is not a simple task. It needs knowledge and experience. Managerial skills are the knowledge and ability of the individuals in a managerial position to fulfill some specific managerial

3 Essential Roles of a Manager and 5 Important Managerial Functions

5 Prevailing Managerial Functions and 3 Most Essential Roles of a Manager, Principles of Management (POM)

3 Most Essential/Important Roles of a Manager

Managers are the heart/brain of the organization or any workplace. They play a crucial role in the management and success of organizational objectives. The primary goal of a manager is to make people productive. And in order to do that, they need to perform certain activities and they are 1.Setting of objectives and planning, 2.Organizing, 3.Staffing, 4.Leading and 5.Controlling. According to Henry Mintzberg, there are three major areas which define the role of a manager and they are as follows;

12 Most Important Principles of Management | Detail Explanation

12 Really Important Principles of Management, You shouldn't miss this management principles to make your management successful.

Principles of Management 

Principles are generally accepted fundamental truths. Principles of management are considered as generally accepted guidelines for decision making, management actions and have universal application. These principles are the essential and underlying factors that form the foundations of successful management. 

1) Management By Objective (MBO) 

Peter Drucker was the first person who popularized the term “management by objective” in his book ‘The Practice of Management’.

Major Characteristics of Management | Principle of Management

8 important characteristics of management,
Principle of Management (POM)

Characteristics of Management

Management is the process of activities of setting the strategy of an administration, keeping coordination among employees to accomplish its predefined objectives through the coordinated use of material resources. Another definition of management by F.W.Taylor is "Management is knowing exactly what you want people to do, and then seeing that they do it in the best and cheapest way". It has got some characteristics which defines the fruitful management activities. These management characteristics are most crucial part of the organization.