Comprehensive explanation of accountability as a framework for justifying management organizational actions, whether they are financial or employment-related. Detailing examples, historical context, applicability, and related terms like transparency.
An ad hoc arrangement or committee is one that is formed or used for a specific and often urgent purpose. Examples include ad hoc committees and ad hoc attorneys designated for particular clients in special situations.
Detailed article explaining the concept of administering in management, including planning, directing, budgeting, and implementing actions necessary to achieve organizational objectives. This also includes personnel management aspects such as testing and placement of newly hired employees.
The Administrative Management Society promotes the application of management methods in commerce and industry to increase productivity, reduce costs, and improve quality. It emphasizes research and fosters positive employer/employee relations.
A comprehensive exploration of administrative skills, including planning, organizing, staffing, scheduling, and software proficiency in word processing, spreadsheets, databases, and telecommunications.
Understanding the various contexts and applications of the term 'allocate' in different fields such as general usage, accounting, finance, and resource management.
An in-depth exploration of the allocation of resources encompassing economic theory, practical applications, examples, and historical context.
Allowed Time refers to the total amount of time allocated for completing a job at standard performance, including allowances for fatigue, rest, personal needs, and contingencies. It is also known as Standard Time.
The American Management Association (AMA) is a professional management association located in New York known for its comprehensive publications, nationwide wage surveys on professional and management compensation, as well as a variety of training seminars and meetings for management personnel.
Analysis involves the thorough examination and division of a business-related situation or problem into major elements to understand the item in question and make appropriate recommendations.
Attrition refers to the normal and uncontrollable reduction of a workforce due to retirement, death, sickness, and relocation. It serves as a method for downsizing without overt management action, but can lead to unpredictable reductions and organizational gaps.
Authoritarian defines a leadership style or governance where power is concentrated in a single authority and requires strict obedience from employees or citizens.
A comprehensive guide to understanding authority, its types, roles, and implications in various contexts including organizations, governments, and agencies.
Back up refers to the practice of creating a second mechanism, record, or contract to protect against potential failure of the primary mechanism.
An exploration of the management process involved in investigating an employee's job history and personal references known as background processing, also referred to as a background check.
A comprehensive analysis of the backlog value of unfilled orders placed with a manufacturing company; an essential metric for predicting future sales and earnings.
An overview of Band-Aid Treatment, its implications, applications, and comparisons with root cause analysis.
Detailed explanation of a bargaining agent, including certification process, roles, and comparison with related terms in labor relations.
A detailed analysis of benchmarks, their role in comparing performance, and their importance in various fields.
Comprehensive guide on best practices for establishing and maintaining successful standard operating procedures (SOPs) across various business types.
An in-depth understanding of Book Inventory, comparing with Physical Inventory, and its importance in business management.
Boulewarism, named for the General Electric vice president who pioneered this practice, involves management presenting take-it-or-leave-it offers directly to union members during collective bargaining. This practice was ruled illegal under the Wagner Act.
An in-depth exploration of brainstorming sessions involving executives from various business disciplines to solve business situations or formulate corporate policies. Originated by Alex Osborn, this technique encourages originality and the uninhibited sharing of ideas.
A Branch Office is an auxiliary location owned by a firm but managed separately from the main office. It extends the firm's operations to additional geographical locations.
Broadbanding is a personnel system that collapses numerous pay ranges and classifications into a smaller number of broader pay ranges and classifications, offering organizations flexibility and responsiveness in salary and job grouping.
A Bureau is a specific department, agency, or office within a larger organization, often governmental, tasked with particular duties and responsibilities.
A comprehensive overview of Business Enterprise including its types, special considerations, examples, historical context, applicability, comparisons, related terms, frequently asked questions (FAQs), and additional resources.
A business office is a location devoted to the conduct and promotion of business activities, functioning as a central hub for business operations.
An in-depth overview of business organization types, their structures, and functions.
The 'BY THE BOOK' method signifies acting in a strict and rigid manner according to preestablished written guidelines and regulations. This phrase often carries a critical connotation, implying a lack of flexibility and responsiveness within an organization or individual.
Bylaws are self-imposed rules that govern the internal management of an association or corporation, establishing guidelines for corporate operations and member conduct.
Capacity Planning is a long-term strategy to determine the level of resources required to meet projected consumer demand, ensuring optimal operational efficiency.
An in-depth look at the Capital Output Ratio, its significance in evaluating production efficiency, types, historical context, and practical examples.
A comprehensive guide to the 'Carrot and Stick' strategy, a method often used in negotiations where one party offers incentives while simultaneously threatening negative consequences.
Carte Blanche refers to a blank check, or full authority to act. It implies having full discretion and creative freedom in executing a task or project.
Central Planning as an organizational strategy where an agency centrally controls and coordinates activities and responsibilities, limiting spontaneity but enhancing coordination.
Detailed examination of centralized management in organizations, focusing on how day-to-day business operations managed by appointed officers distinguish entities that may be taxed as corporations.
The Certified Administrative Manager (CAM) certification is a professional credential awarded by the Institute of Certified Professional Managers (ICPM) to individuals who demonstrate comprehensive management proficiency through completion of five examinations and a case study. A minimum of three years of management experience is required.
Chain of Command is a hierarchical structure of decision-making responsibilities, delegating authority from higher levels to lower levels, originally conceived in the military to ensure compliance and order.
A Change Agent is an individual whose presence or insights drive a departure from conventional methods of problem-solving or operational processes. Commonly, management consultants are engaged as change agents to facilitate organizational development and transformation.
A comprehensive overview of the Chief Executive Officer (CEO) role, including responsibilities, historical context, and related terms.
The Chief Executive Officer (CEO) has the ultimate management responsibility for an organization, reporting directly to the Board of Directors. The CEO plays a crucial role in appointing other key managers, such as the President, to assist in organizational management.
An in-depth exploration of the role, responsibilities, and importance of the Chief Financial Officer (CFO) in modern organizations.
The Chief Operating Officer (COO) is responsible for the day-to-day operations of an organization, ensuring efficient workflows and alignment with strategic goals.
Client Focus entails a company policy, philosophy, or mission aimed at being responsive to client needs, fostering client relationships, and driving client service and innovation.
A comprehensive understanding of cohesiveness in organizational workgroups and its significance in interpersonal allegiance.
A colleague is a fellow member of a profession, association, occupation, or organization. They are vital for mutual consultations, discussions, and fostering professional friendships.
A community association is an organization of property owners formed to manage and oversee common interests and responsibilities within a condominium, planned unit development, or subdivision.
An in-depth exploration of compensation, examining both direct and indirect monetary and nonmonetary rewards given to employees based on job value, contributions, and performance.
A comprehensive examination of compromise, highlighting its role as a trade-off of comparable values in management practices and labor-management relations, where each party concedes something the other finds acceptable.
Detailed overview of compulsory arbitration, involving the submission of labor disputes to neutral third parties for resolution. Learn about the history, process, implications, and critiques of binding arbitration.
Explore the importance and application of conceptual skills, which involve understanding the interrelationship of ideas or elements within the overall structure.
A detailed exploration of concern, covering its significance in management, labor relations, and business organization.
An in-depth look at Condominium Owners' Associations, their role in managing common elements, and enforcing bylaws in condominiums. Comparison with similar entities such as Community Associations.
An in-depth look at constraining (or limiting) factors that restrict or limit a firm's production or sales capabilities. Examples include machine-hours, labor-hours, material shortages, and other limitations.
A Consultant is an individual or organization providing professional advice to an organization for a fee. This role spans across various domains such as management, accounting, finance, legal, and technical matters.
An in-depth discussion of Contingency Leadership, its background, applications, and related concepts.
An approach seeking to anticipate future events that are not expected to occur but are possible, ensuring a plan of action for effective response.
Continuous Reinforcement in motivational theory involves providing steady and immediate positive feedback to an individual's performance, especially in workplace settings.
A comprehensive guide to understanding control measures within organizations, focusing on how they assure conformity with policies, procedures, or standards, notably in quality control.
The role, responsibilities, and impact of the Chief Operating Officer (COO) in an organization.
An in-depth exploration of Core Competence, emphasizing its role as a distinctive capability that provides a long-term advantage to organizations.
Core Values represent the fundamental beliefs that guide behaviors, decisions, and actions within an organization. Closely related to a company's credo, these values are crucial for shaping culture and ethical standards.
Corporate credo is a company's fundamental philosophy guiding its business operations and decision-making processes.
Corporate Culture encompasses the operating environment of an organization, including ethical and value structures, affecting every aspect from employee behavior to the quality of products and services.
Corporate Strategic Planning involves the determination of the long-term objectives of an organization and the adoption of specific action plans to achieve these objectives. The process includes environmental analysis, establishing objectives, situational analysis, strategy selection, and monitoring.
An in-depth look at the corporate structure within an organization, focusing on the setup of departments and the delegation of functional responsibilities.
An in-depth guide to cost application, detailing rational allocation of cost within a business environment, including practical examples and methodologies.
A comprehensive guide to understanding cost centers, how they function within organizations, and their importance in budgeting and financial management.
Cost containment is the process of maintaining organizational costs within a specified budget; restraining expenditures to meet organizational or project financial targets.
A comprehensive guide to cost estimating, a crucial practice for determining the total costs associated with labor, materials, capital, and professional fees for proposed products or projects.
Cost-Benefit Analysis (CBA) is a systematic process used to evaluate the benefits and costs associated with a particular decision or project to determine its viability and efficacy. This method is widely applied in both corporate and government sectors to guide decision-making.
Exploring the concept of cost-effectiveness, which refers to the ability to generate sufficient value to offset an activity's cost, often interpreted as revenue in the context of business.
Comprehensive guide to understanding and applying Country Screening for market evaluation, including types, historical context, and practical examples.
A comprehensive overview of crisis management, encompassing methods and strategies to mitigate potentially serious outcomes in various high-risk situations such as natural disasters, industrial accidents, and other emergencies.
Cross-functional teams are composed of members from different functional departments working together to achieve common goals. They enhance organizational efficiency, innovation, and problem-solving.
Customer Service is the department or function of an organization that responds to inquiries or complaints from customers. It plays a crucial role in ensuring customer satisfaction and loyalty through prompt and effective communication.
A Customer Service Representative (CSR) maintains goodwill between a business and its customers by answering questions, solving problems, and providing advice or assistance in utilizing the organization's goods or services.
Dead time, also known as downtime, is the period during which a worker is idled due to machine malfunction or interruption in the flow of materials. This directly impacts a company's productivity and costs.
An in-depth exploration of the Decision Package procedure used in Zero-Base Budgeting, including its application, historical context, and best practices.
A comprehensive explanation of Decision Trees, a tool used to map out decisions and their potential consequences.
A deferred wage increase is the delay in the implementation of a negotiated wage increase, commonly used in collective bargaining. This tactic benefits both management and labor by saving immediate costs for management while allowing labor to claim a future gain.
Comprehensive description of 'Delegate', including its verb and noun forms, along with historical context, examples, and related terms.
Exploring the contributions of W. Edwards Deming to statistical quality control and management, including his System of Profound Knowledge and the prestigious Deming Prize.
In-depth exploration of the departmentalization process, its types, historical context, applicability, and related terminology.
An in-depth look at an organization's procedure for dealing with activities or behaviors that differ from expectations and the methods for managing such deviations.
Diagonal expansion is a process whereby a business grows by creating new items that can be produced using the existing equipment and minimal additional materials.
A Disciplinary Layoff involves the suspension or temporary removal of a worker as part of a penalty for a violation of work rules on the job, entailing a suspension of all salary payments during the layoff period.
Discretion is the freedom to make choices within one's authority and the quality of being careful of what one says or does.
A comprehensive overview of Distribution Strategy including types, examples, historical context, applicability, comparisons, related terms, FAQs, and references.
An in-depth exploration of the Division of Labor, including its types, historical context, examples, benefits, and contrasts with other labor systems.
A comprehensive overview of a document, including its types, usage in various fields, and its significance in both physical and digital forms.
An in-depth look at the downstream flow of corporate activity, including its implications in finance and management.
Detailed understanding of 'Drill Down,' a term used to describe the process of accessing deeper levels of data or information through successive steps.
An in-depth look at E-Type Reorganization, also known as recapitalization, covering its types, special considerations, historical context, and applicability.
An in-depth overview of the term 'Echelon,' its usage in organizational structures and military subdivisions.
A detailed exploration of the Economic Order Quantity (EOQ) model, its formulas, applications, and relevance in inventory management.
An overview of the role of Efficiency Engineers, their historical context, and their impact on modern management practices.
Detailed overview of the Employee Achievement Award, highlighting its types, significance, criteria, and implications for length of service, productivity, or safety achievements.
A comprehensive guide to understanding Employee Associations, their roles, differences from labor unions, and notable examples like the NEA.
