REMARKS FROM THE EDITOR The major objective of business executives is to achieve a better ratio of output to input in each element of business activity, in other words, to make each element more profitable. In many instances, money is only the common denominator or measure of the elements which go into the productivity equation.
March 1, 2004
Sages Expand other’s knowledge about a wide array of subjects and use it to design strategy. VisionariesInspire large groups of people to go beyond their previous accomplishments. MagiciansCoordinate change by bridging the gap between where the organization is and where it should be. GlobalistsConsolidate the experiences of people across culture by demonstrating an interest in
Do you agree that each subordinate has his/her own target and continuous responsibility to come to the agreeable standard of achievement? Do you know the contribution of each member of your team and encourage the other members to do the same? In term of success, do you acknowledge and encourage further success? In term of
According to the survey of 500 Fortune companies in 2002, one of the problems facing CEOs is the increasing threat from the stakeholders. Robert H. Rosen, a clinical psychologist stated that companies are now struggling for universal 5 pressures : The Power of PeopleThe power of people is the most potent force, for it reaches
It is clear that work efficiency and productivity embrace far more than financial sacrifices. Researchers find the employees want quite different things from what the employers think they want. The manager who believes that all the employee wants is his daily bread and more of it, will put all his emphasis on financial incentive. The
