Leadership Versus Management Do you know the difference between leadership and management? In Western economies, the lines between the two have become blurred. In her book, The Seven Keys of Charisma (1997), Joanna Kozubska says: “There are times when a leader needs good, systematic management skills and times when a manager must inspire people. We have to be able to do both.” This has significant implications for the way that leaders and managers should be developed. Originally, the difference between management and leadership arose based on the perception that management was about imple... view article details

Job descriptionProject management is the process of planning, organizing, staffing, and guiding the process of creating a solution or system. Project managers are responsible for providing a plan and the means on which to base management decisions throughout the life of a project. There are many scheduling software tools available to help project managers perform their job, including PERT, Microsoft Project, Scitor Project Scheduler, and many others. While such applications are usually designed for certain industries or projects, they all use Critical Path Methodology, or CPM. CPM plays a larg... view article details

How Do You Spend Your Time? You know how some people are always late but tend up spending way more time in a meeting than you think is necessary? And how some people are always prompt? An easy way to recognize someone’s personality style is looking at how they spend their time. Review these descriptions and see if you recognize yourself and your coworkers.Direct Style Time Management People with a Direct style don’t waste time. They are almost always in a hurry, and they get impatient with you if you aren’t. They are action-oriented, making quick decisions and implementing th... view article details

Q. I've been employed with the same company for 10 years. My official job title is financial analyst, and I report to the financial operations manager. For the last year and a half, the manager and I have been working at both locations, rotating throughout the week. The company decided it is inefficient to have us rotating plants, so I was informed that I would take over all of my manager's duties at one plant and she will handle everything at the other plant. Since these are two small plants, we handle all HR-related issues, all financial issues, benefits, general office management, etc. I no... view article details

 Personal Budget Planning Builds Household Wealth  To some people, 'budget' is a dirty word. In reality a budget is just a schedule of income and expenses, a way of documenting how much money comes in and how it should sensibly be spent. There's everything to gain from sticking to a budget, but adhering to a budget is difficult for many people because it usually means denying cravings and luxuries beyond reach.Well, after all, that's the point of a budget.What percentage of your income goes to housing every month? What goes to entertainment? Knowing those spending ratios is a valuable tool to ... view article details

Tips for a Smooth Transition When Implementing Organizational Change Within Your Company Winning the support of workers when introducing and executing organizational change is essential. If the employees are not holistically involved in the organizational change process, they are likely to show resistance in acceptance and implementation. Intuitive change communication is the cornerstone of initiating a flourishing change program. In order for businesses to avoid conflicts and poor responses as a result of mismanaging change, it should be communicated in advance, and throughout all phases of t... view article details

No college degree? No problem! Some of the richest people in the world were college dropouts or even high school dropouts. Based on Forbes' list of the world's billionaires, here's the top 10 richest individuals who dropped out of school or never attended college. 1) Bill Gates Net Worth: $92.5 Billion Source of Wealth: Microsoft Dropped out of Harvard University 2) Mark Zuckerberg Net Worth: $74.4 Billion Source of Wealth: Facebook Dropped out of Harvard University 3) Larry Ellison Net Worth: $54.2 Billion Source of Wealth: Oracle, software Dropped out of University of Chicago and Universi... view article details

Some folks live and breathe the family business as it endures through generations. There are plenty of success stories out there, but you may be curious which Brady Bunch is raking in the big bucks. According to Bloomberg, here are the top 10 richest families in the world, and how they got their green.  1) Walton Family Source of Wealth: Walmart Industry: Consumer Retail Net Worth: $151.1 Billion  2) Koch Family Source of Wealth: Koch Industries Industry: Industrial Net Worth: $98.7 Billion  3) Mars Family Source of Wealth: Mars Industry: Confectionery, Pet Care Net Worth: $87.9 Billion 4) Van... view article details

Improving Businesses All of us practice project management in our lives, whether we know it or not. We are all involved in planning and organizing our everyday tasks, career, and work responsibilities. In the business world, project management is a high level skill, and a demanding career choice. Project managers are key employees in every industry and all types of companies, all over the world. Project Management itself is rapidly becoming one of the most important processes within a company. The number of PMs has risen considerably as companies have begun to realize the valuable benefits the... view article details

Epidemic Outbreak – Will I Lose My Job or Get a Decrease in Salary? Over the past decade, the economy has continued to develop, and employment growth has been strong. The unemployment rate in the United States was close to a record-breaking low before the outbreak of the pneumonia. The Washington Post conducted an interview with more than 20 businesses and their workers, in which many Americans express how they have lost their jobs this week due to the new coronavirus pandemic. The pneumonia is hitting the U.S economy and bringing many industries to a standstill, wh... view article details