About Us|Conatct Us|Register|Login

Home

Advantages and Limitations of Management Accounting

Posted by on Feb 14th, 2014 in Accounting, Management Accounting | 0 comments

Advantages and Limitations of Management Accounting

Following are the advantages and limitations of management accounting: Advantages of Management Accounting It helps to increase the efficiency of all functions of management It helps in target-fixing, decision-making, price-fixing, selection of product-mix and so on Forecasting and Budgeting help the concern to plan the future and financial activities Various tools and techniques provide reliability and authenticity to carry out the business functions It is useful in controlling wastage and defects It helps in complete communication between...

read more

Why Strategic Leadership is Important

Posted by on Sep 8th, 2014 in Business Management, Human Resource, Strategy | 0 comments

Why Strategic Leadership is Important

Strategic Leadership in Organizations Every person is bestowed with innumerable opportunities through-out his/her life time. Very few are able to identify those angelistic gateways to success; I don’t agree with the age-old saying “Opportunity knocks the door only once.” In this dynamic world we are in a position to create opportunities and build our businesses around to witness our dreams turning into reality. Have you got the spark in you? What started as a small spark of starting an online book store has instigated Sachin and Binny Bansal...

read more

Why is Depreciation Charged on Assets

Posted by on Aug 24th, 2014 in Accounting, Financial Accounting | 0 comments

Why is Depreciation Charged on Assets

What is meant by Depreciation? Depreciation means reduction in the value of a fixed asset used in the business due to wear and tear and effluxion of time. Internal and External Causes of depreciation: i. Wear and tear: Caused mainly due to constant use, erosion, rust etc. ii. Efflux of time: Mere passage of time will cause a fall in the value of an asset, even if it is not used. iii. Obsolescence: A new invention or change in fashion or a permanent change in demand may render the asset useless. iv. Depletion: When raw materials or natural...

read more

Must See Personality Development Videos

Posted by on Aug 20th, 2014 in Video Lecturers | 0 comments

Must See Personality Development Videos

 Know the secrets and tips to personality development, positive attitude and gaining unshakable confidence.  ...

read more

Top Five Reasons Why Strategic Plans Fail

Posted by on Aug 20th, 2014 in Business Management, Decision Making, Human Resource, Motivation, Strategy | 0 comments

Top Five Reasons Why Strategic Plans Fail

Why Strategic Plans Fail What are Strategic Action Plans? Action plans refer to definite actions that are related to either short- or longer-term strategic goals. Action plans should include details of resource commitments, allocation and time horizons for accomplishment. Action plan development represents the key stage in planning that facilitates effective communication of plans throughout the organization followed by resource planning and deployment. Action plans are also referred to as projects, strategies, tactics, or initiatives. Email...

read more

HRM Video Lecture 2

Posted by on Aug 7th, 2014 in Human Resource, Video Lecturers | 0 comments

HRM Video Lecture 2

HR Startegy and Planning – HRM VIDEO 2 How are company strategy and HR strategy related? As part of an HR strategy which company functions should be of the highest priority? How to plan quantitative workforce demand on both strategic and operational level? Related Post: Fortune Favors the Brave: Ancient Lessons for Modern...

read more

HRM Video Lecture 1

Posted by on Aug 6th, 2014 in Human Resource, Video Lecturers | 0 comments

HRM Video Lecture 1

Introduction to Human Resource Management - HRM VIDEO 1 What is Human Resource Management (HRM)? Which Megatrends determine future challenges in HRM? What are key fields of action in HRM? Related Posts: SEO Your Resume and Bypass...

read more

8 Mistakes That Kill Startups

Posted by on Aug 4th, 2014 in Entrepreneurship, Financial Management, Project Management, Strategy | 0 comments

8 Mistakes That Kill Startups

Top 8 Mistakes That Kill Startups News: About three-quarters of venture-backed startup firms in the U.S. don’t return investors’ capital, according to recent research by Shikhar Ghosh, a senior lecturer at Harvard Business School. This information made me think and I have tried to summarize the main reasons for flawed-startups below in order to caution the young and growing entrepreneurs. 1. An Unscalable Idea Understand that a Technology-driven idea with more mass appeal is what potential investors are looking for. If your...

read more

Goals Vs Objectives

Posted by on Jul 31st, 2014 in Business Management, Decision Making, Principles of Management, Project Management, Strategy | 0 comments

Goals Vs Objectives

Attainable Goals Vs Objectives Role of organizational objectives: Objectives define the organization’s relationship with its environment; by stating its objectives, an organization commits itself to what it has to achieve for its employees, customers and society at large. These objectives have to be converted to actionable goals by strategically aligning with the activities of the firm. Let me tell you, when we talk about objectives, it is what we intend to do in the immediate future; towards what our actions are oriented to accomplish...

read more

Anger Management-Control Anger Before it Controls You

Posted by on Jul 28th, 2014 in Human Resource, Organisational behaviour, Training & Development | 0 comments

Anger Management-Control Anger Before it Controls You

What is Anger? To put in a layman’s perspective, “When something doesn’t happen the way we want it to”; “When somebody tries to dominate us”, “When we are forced to do something”, “When we get disappointed if things are not favorable” and many more situations that kindle within us a feeling – which is called frustration if the intensity is mild and rage if the intensity is huge. This type of anger pertains to “self”; anger also erupts if our loved ones, near and...

read more

How to Use Emotional Intelligence at Work

Posted by on Jul 25th, 2014 in Business Management, Change management, Human Resource, Organisational behaviour | 0 comments

How to Use Emotional Intelligence at Work

EMOTIONAL INTELLIGENCE or EMOTIONAL QUOTIENT Mind Mapping Mastery in Just 90 Minutes  Answer these simple questions and please don’t think way too extensively. Simple thinking will do… 1. How do you put a giraffe into a refrigerator? The correct answer is: Open the refrigerator put in the giraffe and close the door. This question tests whether you tend to do simple things in an overly complicated way.  2. How do you put an elephant into a refrigerator? The wrong answer is: Open the refrigerator put in the elephant and close the door. The...

read more