Business management requires some skills that every manager should have. This is because they form good foundation of your organization. A good foundation is a very effective tool because it shows the direction of the organization; that is, will it be successful or not. For starters, it is important to have technical knowhow of the nature of your business because it becomes easy to coordinate the work.
Some basic elements every manager should have:
- Have the right people work for you
- Delegate duties
- Decision making skills
- Motivate your staff
You might like reading:
Diplomats or salesmen?
In the cold war era and before when diplomacy was a new born term in the world, it used to be more of a market concept. But today, it has shifted from merely a political function to more importantly an economic concern. Why is India seen as a world power and one of the poles in the multi polar world […]
Is Credit Risk = Default Risk ?
As part of my preparations for exam, I recently came across this line “Credit risk and default risk can be used interchangeably”. This actually made me wonder on whether it is actually true. This blog post will try to analyse on how the two are same or different. I have little doubt that credit risk and default risk are directly […]