Team and Team working in context of an Organization A common definition of team working includes a group of people working together toward achieving a desired goal. Team working is the ability of the employees to work together toward a common vision, the ability to direct individual accomplishment toward the organizational objectives. It is the …
Read MoreCost Management and Organizational Performance Cost management lies at the heart of the organizational performance since the organization is considered to be performing if it has a healthy bottom line. Two things determine the bottom line namely (i) cost, and (ii) revenue. The organization moves from cost to performance or from failure to success, when …
Read MoreOrganization Structure Structure refers to the relations between the components of an organization as a whole. The organization structure can be considered mostly of two types namely (i) physical, and (ii) social. Physical structure refers to the relations between physical elements of organizations as buildings and geographical places in which the works are carried out. …
Read MoreRole of Employee Competency on Performance Competent employees are the main resource for an organization in acquiring a competitive advantage. Land, buildings, or materials do not contribute to the organizational productivity, rather, it is ‘people capital’ which runs the organization and produces value from existing resources. The best source for the organizational competitive advantage lies …
Read MoreManagement of Logistics Logistics facilitates in getting products and services to the customers when they are needed and desired by them. It also helps in economic transactions, serving as a major enabler of growth of trade and commerce in an economy. Logistics has come to be recognized as a distinct function with the rise of …
Read MoreProblems and Problem Solving Techniques A problem consists of the difference between an actual situation and a desired situation. The problem is defined as any event or situation, unforeseen, unwanted in an organization, a project, or a job which needs to be addressed and resolved before it becomes too complex. During the functioning of the …
Read MoreFactors influencing Customer Satisfaction and Customer Loyalty Customers of the organization are those who buy the products and / or services provided by the organization. In other words, customers are stakeholders of the organization who afford payment in exchange for the offer provided to them by the organization with the aim of fulfilling a need …
Read MoreHuman Resource Management Practices and Organizational Performance Human resource is considered the most important asset of an organization, but very few organizations are able to fully harness its potential. Human resource management (HRM) is defined as composed of policies, practices and systems which influence employees’ behaviour, attitude and performance. Paying special attention to the HRM …
Read MoreRecords and Records Management Records and records management both are important aspects for managing the organization. In the present day environment, it is a fact that without reliable recorded evidence, managing of the organization becomes an uphill task since it affects both the processes of monitoring the performance and the decision making. Without the reliable …
Read MoreEmployee Organizational Commitment In the present day environment, the workplace is changing dramatically and its demands for the highest quality of product and service are increasing. To remain competitive in the face of these pressures, employee organizational commitment is crucial. The benefits of having the best trained employees using the most advanced technology can be …
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