Why Your Current Approach To Inventory Management Is Not Good Practice And Is Costing You Money

Inventory management is the combination of know-how, process, measures and reporting that together provide the opportunity for maximizing availability while minimizing cash investment. There are five reasons why your inventory management is not best practice and is costing you money.

Supply Chain Agilit - Inducing World Class Performance for the 21st Century

Becoming agile means competing and leading in the next century. Companies require an overhaul of their infrastructures to be able to introduce and build new products quickly and accurately, but also need an acculturation process fueled by heavy involvement. It takes time to enact changes of major proportions, and it takes careful planning. How do you get your arms around this?

In Business, How Do You Encourage Employee Retention?

Many businesses fail to realise the amount of time it takes to get a new employee fully trained. It can take anywhere between 1 and 6 months to train a new member of staff. It can also take the same amount of time to find out if they are suitable for the job in the first place!

Realistic Target Setting - Part 1

Targets are essential motivators of performance improvement, but many people find setting meaningful targets very difficult. This article discusses the first 3 of 6 challenges of realistic goal setting when it comes to business performance improvement. Look out for part 2!

Understanding Generational Differences

For the first time since the Industrial Revolution there are four different generations with four different approaches to the world of work. These differences can be of value to the organization OR it can create great conflict within the workforce.

The Myths About Coaching

People from all walks of life are jumping onto the coaching bandwagon, lured by stories of ?100,000 salaries, many with little or zero experience are fighting for their piece of the pie. Let's get down to facts and demolish a few myths, mostly generated by the coaching industry itself.

Relationship Leadership

Relationship Leadership is the use of interpersonal skills beginning long before a disaster looms to create an environment of mutual trust and respect to influence others to work towards common organizational goals. This means permanently abandoning healthcare's current dependence on the power and control (demand and threat) method of leadership.

Sources Of Knowledge - How To Gain Knowledge In Any Field

Constantly increasing our knowledge is essential if we are to progress further or develop ourselves. Increase in knowledge in a particular subject can lead to better understanding, grasp, judgment, intelligence and ability in that area. It can expand our thinking and heighten our expertise on a topic. So how do we go about gaining knowledge? What are the sources of knowledge?

How To Implement Effective Ergonomic Products in the Workplace

When worker safety and health are a priority, companies benefit in a variety of ways. When the safety and health of employees is put in jeopardy or is ignored, there is a negative impact on employees as well as productivity. Providing safe work environments and effective ergonomic products is an important economic as well as a social responsibility.

Employee Incentive Programs that Really Work

Employee incentive programs. Bonus programs. Do they work, and really provide a good return on investment? What if you're operating a business in a high-turnover environment, like retail? Here's an effective approach to employee incentive plans, regardless of industry, and even with high employee turnover.

Respect - The Key to Delegation

Delegation is based on respect. You need to respect the person to whom you delegate. They, in turn, will not want to do the tasks, unless they respect you.

Do Benefits Provide Advantage To Organisational Producitivity?

Based on the Taiwan high-tech sector, there were some surveys carried out in different time periods. Examinations were done on the impact of employee benefits on firm productivity. The examinations reveal that employee benefits have a significant moderating effect on firm productivity whether samples were analysed by industry or by firm size and that moderating effect of employee benefits on labor productivity in small enterprises was greater than that of large ones.

It May Be Awhile Before The Meek Inherit The Earth

What often happens to people who move into positions of authority? Must one be a jerk and a bully to succeed as a leader? Does arrogance make a top manager?

The Right Staff - The Effects of Staff Turnover on a Practice

This second in a series of three articles examines staff turnover in the light of productivity, liability, and financial returns to the medical practice.

The Right Staff - Inoculating Your Practice Against Staff Infections

This is the final in the staffing series, and examines approaches to keeping good staff in the medical practice.