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

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

Both Finance and Accounting Revolve Around the Management of Assets. Finance and Accounting are two separate disciples that often are lumped together (as we obviously have done). At a high level, Finance is the science of planning the distribution of a business’ assets. Accounting is the art of the recording and reporting financial transactions. People tend to group Finance and Accounting because both functions deal with the administration of a business’ assets. Those who work in the financial department of a business are concerned with planning the distribution of the business’ assets. This... 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

If hospitality is your cup of tea—and you don’t mind serving others—a career as a hotel manager may be perfect for you.Hotel managers oversee all aspects of hotel operations including staff, maintenance, convention and conference services, reservations, office administration, sales, purchasing, housekeeping, security, recreation, and food management. Depending on how many services a hotel provides, the manager can be responsible for everything from banquets to conventions. Managers also take into account marketing and financial management. They set room rates, approve expenditures and ensure t... view article details

These 5 Simple Steps Will Significantly Improve your Culture of Accountability Accountability is a topic covered in basic management courses. Unfortunately, there seems to be a burgeoning gap between theory and practice when it comes to this concept. Recent surveys suggest 40 percent of employees in US organizations are not held accountable for results. This is a dismal statistic, especially considering issues to do with accountability in the workplace can negatively impact employee morale. There are five strategies organizations can use to ensure accountability is instilled as a core element ... view article details

Global demand for certified employees across industries is growing. Many companies now require specific certifications regardless of the education level and experience of potential employees. It has become a primary vehicle for screening applicants as it provides employers with measurable evidence that the applicant has the required knowledge base for the position.Take an example of being treated by a medical doctor. Who would you choose? A board certified doctor or one who has a medical degree but is not board certified? What about an elementary teacher for your child? Would you prefer a teac... view article details