Introduction Business environment is rapidly getting competitive, and firms are forced to find better ways of managing this competition. According to Sarkar (90), the current market competition has gotten so stiff that firms are finding it difficult to manage their operations without the threat of losing their market share. This...
Introduction Knowledge management in business has become one of the most important processes that aid organizations in governing the utilization, dissemination, and creation of knowledge. Randeree (2006, p. 145) posits that different organizations have developed an inherent interest in utilizing knowledge from employees for innovation, service provision, production, and management....
Introduction This topic aims at establishing an understanding of how project managers and their teams obtain and share knowledge and the influence of the surrounding, among other factors, on their decisions. The topic covers various concepts and theories from different sources related to project management and knowledge exchange. In today’s...
Introduction All organizations try to increase their productivity and gain market leadership. To help achieve this, the value of employees is great and many organizations are focused on ensuring that their employees perform optimally. To help measure performance, regular performance reviews are utilized. Evaluations can only be deemed as effective...
Introduction This essay explores the concept of power and control in organizations. Whoever has power is able to exercise some form of control. Control is one of the most traditional functions or roles of management. The major aspect of this role is ensuring errors and mistakes are minimized in procedures....
Introduction Leaders often formulate management philosophies to chart the way forward for their organisations or institutions. These philosophies may guide people’s behaviours with the goal of fulfilling an organisation’s vision or mission.1 Management philosophies are typically nurtured in organisations using a top-down approach whereby new and existing employees are taught...
Factors considered when choosing a Research Methodology for a Business Problem On the whole in tackling a business problem, various issues inform the choice of methodology. These include: Ethical Issues and Dilemmas The relevance of business ethics to researchers in choice of methodology is insurmountable because ethical issues occur in...
Principles of Empowerment, Teams, and Positive Change Empowerment in the workplace Evaluation and empowerment of employees’ professional skills are the main duties of every manager. One usually operates with a whole variety of data when performing those tasks. Normally, these data include reviews, targets, performance metrics, and several other operational...
Introduction Business Intelligence (BI) encompasses IT solutions providing decision support with, chain end, monitoring reports and dashboards both analytical and has advanced visualization. The final aim of (BI) is to consolidate the information available within the organization’s databases. “The processes, technologies and tools needed to turn data into information and...
Introduction A business excellence model is a framework, which a corporation can apply to help in focusing its actions and philosophies in a way that is more organized and efficient in order to generate to improved performances. The models should be able to put the focus on all dimensions of...
Introduction The business environment is highly competitive, thanks to the prevailing technological advancement, globalization, and ever-changing customer preferences and expectations. As organizations strive to remain aggressive in terms of seeking to enhance customer satisfaction, the demand for quality services and processes features prominently. The field of quality management has attracted...
Introduction Working together towards a common goal yields a synergistic effect, thus leading to the attainment of goals that transcend the efforts of the different individuals working separately. Kaifi and Noori (2011) note, “In our modern world, teams are essential to everything individuals do in daily life” (p. 88). This...
Introduction Strategy is a common term which is used in many circles. This is a common word that is used in the business and organization circles. It is a statement that is largely used in reference to organizational change (Cummings & Christopher 2008 ; Arora 2003). An action is referred...
Introduction Creativity, innovation, and change are interrelated phenomena affecting the operations in the organization. The human endeavor is characterized by creativity, in which the people and workers come up with new practical ideas to make the operation more efficient. Through creativity and innovation, one can add unprecedented value to the...
Preamble Single project level management and Portfolio Management are closely interlinked factors in the business operation milieu. The relationship between the two revelries can be conceptualized at a reasonably general level as portrayed in the back ground information garnered in this study. The two factors stage a rapport where a...
