Management » Management

Project Managers Need To “Manage The Boss”

lma — Wed, 14 Oct 2009 18:33:51 +0000

Most people have one. Yet attending to their demands and idiosyncrasies can be nerve-wracking. Wise people engage good boss management strategies. After all, bosses are not exalted and invincible gods. They are human beings with special roles and authority as well as the requisite levels of human weaknesses, problems and pressures.

Assess Leadership Style

Recognize leadership skills inherent in your own boss. This assists you to better understand your boss. You also benefit by becoming a better manager.

Leader #1: The Press Leader

These leaders pretend to be drill sergeants. Low self-esteem and a strong fear of failure drives them. They are impressed by outward displays of project management and busyness.rather than by results. The leader treats people as expeditors who obey orders. They tolerate no mistakes. Trivial details snare their energies and attention. They oversupervise and manage by punishment.

How to handle The Press Leader: Quickly discover on-the-job limits. Determine whether your boss is simply tough or ruthless. The tough leader precisely delegates authority balanced with appropriate responsibility. The ruthless one disregards human factors. If you choose to resist the press leader, do it privately, not within view of colleagues. This way your leader will not lose face. Support your position with plenty of evidence. Otherwise you lose.

Leader #2: The Laissez-Faire Leader

This leader abandons staff. These leaders provide little or no support in tough times. They stipulate little of what is expected of employees. They provide virtually no project management guidance on how to accomplish tasks. While the Press Leader may hover over an employee’s shoulder, this leader does nothing to train or guide. The Press Leader overmanages. The Laissez-Faire Leader overlooks.

Managing The Laissez-Faire Leader: The individual who is self-motivated and needs little praise will work well under this type of leader. This leader craves facts such as costs, statistics and research findings. Provide these facts and figures for your boss, while at the same time trying to stress some human elements. Encourage your boss to clarify exactly what is to be accomplished.

Leader #3: The Participatory Leader

The Participatory Leader is adept at communication procedures. Under this type of boss, employees are given precise feedback and recognition when deserved. The Participatory Leader strives to involve employees in the assessment process. He or she is inspirational and innovative. The Participatory Leader customizes the type and amount of feedback required for each employee.

Managing The Participatory Leader: The most effective way of dealing with the Participatory Leader is to feed back the same techniques that he or she uses with subordinates. Keep them informed of what does and does not work. Since this type of leader is interested in results, your opinions will be heeded.

Leader #4: The Develop Leader

This leader goes a step beyond the Participatory Leader. The Develop Leader fosters staff self-esteem, autonomy and competence. Techniques for success are isolated and taught to subordinates as the need arises. The Develop Leader empowers staff and nurtures a feeling of reverence, not in the boss, but in employees themselves.

There is often a high staff turnover rate for employees of develop leaders. But it is a good one because it is upward. Because this type of leader creates such a high level of competence amongst the ranks through professional development and project management, there is always someone to take over when someone moves up.

Keep Your Boss Happy

? Learn what your boss expects and values.

? Strive for high quality results.

? Solve as many problems as possible without the help of your boss.

? Keep your boss informed.

? Be your strongest critic.

? Get regular feedback from your boss.

? Differ with your boss only in private.

? Save money and earn revenue.

? Be a good leader yourself.

? Promote only valuable ideas.

? After all. Your boss is not interested in the storms you encountered, but whether you brought in the ship.

Event Management Makes Your Presentation Successful

lma — Fri, 01 May 2009 14:41:36 +0000

Detailed planning and good event management systems are the vital parts of a successful event and seminar. In fact, producing a successful event is all about attention to detail and team effort that is possible with a complete event management system. Event management and seminars management is all about changing your goal of arranging them in the success. Event management is a new exhortation on the media, glamour and education circuits. Now, most events are organized by an event management company, with experts taking care of each little details right from the colour scheme at the venue to the food and drink catering, and the amusements and contests lined up for guests.

It does not matter, whether it is party, conference, get-together, show, reunion or seminar, people focus on the preparation by planning for the event in advance so that they can enjoy it without any hassle. However, there are a number of small points that people forget or cannot be done till the last minute. This is why, event management is vital to make your event successful and hassle free. Event management and seminars management encompasses the study of the density of brands, identify target audience, create event concepts and above all plan the logistics. Put simply, it is considered as one of the planned advertising and communication tools used by businesses, corporate houses and organizations of all sizes.

From press conferences to product launching, event management is vital. Event management as well as seminars management has gained great importance in today’s age of production and creation of demand for products and services. Today, online event planning is the latest trend, because it not only saves your time and keeps you away from a number of problems, but it also save a good amount of money and leave a good impression upon your guests or targeted audience. Today, there are numerous event management companies offering services to a variety of areas including:

•   Corporate event: Press conference, corporate meetings, product launching and seminars

•   Marketing programs: Grand opening events, road shows, etc

•   Special corporate hospitality events: Fashion shows, film premieres, launch or release party, award ceremonies, etc

•   Personal events: Birthday party, wedding party, etc

Every event management company aims to manage events and seminars that are inspiring, memorable and successful. Professionals of event management organize events of any size because they are able to analyze the needs of the group and then organize all the elements of the event. Above all, these event planners attend the event to keep everything running smoothly from starting to finish of the event.

Exhibitions Management Provides an Impressive Environment for Business

lma — Sun, 22 Feb 2009 03:01:42 +0000

The success of your exhibition and meeting much relies on your preparation, arrangements and management solutions. A well planned exhibition pulls the attention of your targeted audience and also increases the profitability to your organization. Now, most events like, exhibitions, meetings, conferences, wedding parties, etc are organized by taking the help of professional planners. These planners take care of little things right from the colour scheme at the venue to the food and drink catering and the amusements. Moreover, exhibition management solution helps to manage exhibitions, conferences, meetings, etc from start to finish and offers you a number of services such as:

•   Evaluates the requirements of your targeted audience and exhibitors and ensure that the show will fulfill their needs

•   Helps to make the exhibition the most beneficial part of your meeting

•   Manages and arranges the exhibition set-up, timings, site inspection, venue liaison, etc

•   Provision for marketing and sales of exhibition space

•   Makes a dynamic plan to provide an impressive environment for business

•   Promotes exhibitions for growing revenue and volume

•   Collects payments and keep you informed with financial updates to measure the exhibition’s financial success

•   Makes a link between exhibitor and organizer

Exhibition is intended for demonstrating new brands and products to create huge awareness, while exhibition management is vital to make an exhibition unique and successful from start to finish. Put simply, it is a management solution that identifies the targeted audience, creates event concept, and determines the density of brands, not to mention the commitment of making the exhibition successful and memorable. It is considered as one of the planned advertising and communication tools used by businesses, corporate houses and organizations of all sizes. Whether it is exhibition or meeting, management solutions has gained great importance. Exhibition and meeting management is the latest trend as it not only helps to arrange all exhibitions and meetings successfully, but also saves a good amount of time and money.

When it comes to select a meeting management as well as exhibition management solution provider, you can find it easily because there are a number of online solution providers that provide you with state-of-the art exhibition solutions, which take the load off from you. Exhibition management solution providers endow you with complete solution such as the modular exhibition kits, display panels and marketing collaterals.

Event Management: Better Management for Better Rewards

lma — Sun, 19 Oct 2008 04:35:57 +0000

Event management is a process to manage and organize the events and functions on a very grand level. The process of the event management needs proper consultation, prior planning and deep research. During event management the responsibility of an event manager seems very important. While managing an event it is very vital to give a serious consideration the ways to make the events handle effectively.

Event management is now becoming a booming industry that’s growing fastest as ever. An event should manage with a proper strategy and with effective communication technologies. There are various things need to be considered while managing an event.

As an event manager one should consider the amount of money one could spend on the event. If you are organizing a fundraiser event your funds make a big difference. To make an event a big success, understanding and knowledge of the events means a lot to an event manager. Events that are meant to execute some corporate strategies demand some other kind of knowledge and expertise.

Every event requires different sets of rules and regulations to become more and more successful. If the event is a concert or entertainment, gathering various supporting resources should be considered. Before executing the event with full moon you must decide that you have got the full understanding of event type and other statistics of the event.

It’s very important to know the number of the invitees who are expected to attend the event. The factors of venue and the sitting arrangements should also be taken in the consideration. Number of invitees should be accommodated in very accordance with the seats available. Once you get the understanding of the event you should assign the responsibilities to the various team members of the team.

Your customer centric approach and simulating mechanism of event handling could make your event managing image more precise and specific in the terms of presentation, arrangement and other issues. The time span of the event is also very specific thing to be dealt out in a very comprehensive manner. An expert event manager is the person who manages the things in a very precise yet correlated manner.

Corporate Event Management Makes the Event Superb and Exclusive

lma — Sat, 20 Sep 2008 07:22:44 +0000

Success of a corporate event is much depended on the management and services of that event. However, it is managed by experienced planners who understand the ultimate aim of organizing such an event. Today, event management services are offered by companies who specialize in corporate event management. It is a part of corporate culture that manages and arranges a number of events. There are several corporate events including award presentations, trade shows, new product intros, marketing conferences, road shows, exhibitions, reception, wedding party, birthday party, etc that need proper management and employing of services to make them successful.

Corporate event management encompasses the study of the intricacies of different brands, recognizing the target audience, creating event models and above all planning the logistics. The basic requirement for corporate event management is a well planning and arrangement from start to finish. However, the event management services depend on the nature of event as well as the targeted audience. For making the event exclusive and superb, event management service providers manage and arrange all the essential things necessary for the event.

Corporate event management service providers also sponsor your event online and provide with integrate system to collect online as well as offline payments, send invitations online, manage tickets and provide advanced reporting system. As these event planners offer online services, they inform attendees about an event with custom-made email. Above all, these planners present a vital solution to help you create event tickets, get the web ticket sales on the right track and record the details while promoting and selling tickets online.

These planners give you flexibility to manage your events in an ideal way and allow the organizer to add, review, remove or change any event detail and above all help to edit events even after they are live. These professionals have the proficiency of handling all the points of special corporate events such as right venue, cuisine and entertainment. In simple words, these event management service providers are outfitted to manage all problems that may come with planning a corporate event.

Several corporate events management companies have a great deal of experience handling the type of situation that a corporate house planned. These professional planners are adapted to handling the details of a major event and have doubtless experience. A corporate event management service provider manages and arranges state-of-the-art services that an event requires.

Management is a Practice, Not an Education

lma — Sun, 03 Aug 2008 06:29:41 +0000

Would you trust the life of your loved one when an uneducated person performs a heart surgery or a brain surgery? The answer is obviously a no! Even the government would not allow a person to perform a surgery without a proper degree. In fact, it is very likely that a person who performs surgeries without an MBBS degree will land in prison.

Then just think about it. How many people are working and putting their livelihoods at stake when the management is run by people with no formal education in management. If you think it is not risky then just imagine the consequences of the failure of the management – the people do not get paid, their family finances, education of their kids and the EMI payment on their dream apartment is all at stake.

A company like Hewlett Packard or Microsoft has lakhs of employees in high paying jobs. So many of their customers are using their technology. If the management is incompetent and not able to perform, then all these people suffer and the impact will be felt across many countries. Then, why both Microsoft and Hewlett Packard did not insist on management degrees for Steve Ballmer and Mark Hurd, who are the CEOs of these companies respectively.

Steve Ballmer discontinued from the Stanford University Graduate School of Business and should be having only half-baked ideas of management. Whereas, Mark Hurd is even worse and has only a bachelors degree of business management. He did not even have a postgraduate MBA course.

Peter Drucker, the management guru said, “Management is a practice”. The expertise in management comes only by practicing and getting your hands dirty on the field. Learning, adopting and growing in the process.

The Practice of management is independent of a management degree. Having the degree gives you the theoretical basis for management. However, there is no guarantee that you will be able to perform in real life.

Let me explain this simply – It is like fast bowling, if someone is given theoretical inputs on how to bowl at 150 kmph in cricket for 14 years. With textbooks, classroom instructions and rigorous tests to check the knowledge on fast bowling. It does not mean this person will actually be able to bowl at 120 kmph. While an uneducated teenager having the right genetics (physique) and used to hard work can quickly be taught to bowl over 120 kmph. Because, it depends on the ability to exert yourself and some technique that is learned on the playground.

Reputation Management LLC – Establishing Credibility With the Media

lma — Thu, 26 Jun 2008 06:14:39 +0000

When it comes to media relations or public relations, most business executives want to be on the cover of the New York Times. However, as many politicians and CEOs will attest to, being on the cover of a newspaper or magazine may be as negative as it can be positive. Building a relationship with the media is important, both for the major stories that can possibly happen and the minor everyday stories that happen on a regular basis. While the media can be tricky, and even on attack mode lately, like all industries they operate on trust and relationships and establishing credibility with them is an important task. Establishing credibility can have a profound impact upon the success of any political campaign, press initiative or marketing campaign.

It’s important to be media friendly. Being media friendly involves being responsive, listening, answering questions and simply being available to the media should they call or contact you. If you can position yourself as a resource, meaning if you can position yourself as someone who not only wants to get into the papers, but who can also offer important information on other stories, you can go a long way towards helping build trust with the media.

You should also be sure to give you media person or contact the tools to be helpful. One thing the media hates is a press person who is basically a glorified receptionist, simply answering phones and passing messages along. Having someone with quality communication skills and who has the knowledge to at least give the media a taste of what they want will make you and your company a far more attractive target for quality stories than the alternative. Most people overlook their public relations people, but good public relations can benefit you, and offer quality reputation management.

Probably the most important tool for reputation management today is the Internet. Using your Website, e-mail and other Internet tools will give you quality reputation management at a relatively inexpensive price. Offering quality information on your Website, using your e-mail quickly and effectively and utilizing other Internet tools such as Digg, Twitter, Facebook and others will give you the kind of online reputation management that will benefit you in the short and the long term.

You should also embrace a policy that increases your transparency. The media loves to report on stories where a company is seemingly hiding something, even if that isn’t the case. If it seems like you’re unwilling to answer questions, or that you are trying to keep certain stories from hitting the press, the media will pick up on that and sometimes create a story out of thin air. This will obviously damage your reputation. Good reputation management sometimes involves commenting on your own mistakes and errors, and allowing your staff to admit mistakes and apologize when appropriate. This isn’t always easy, and every once in a while someone may say too much, but if there’s nothing being hidden you won’t have to worry about a 20/20 exposé.

Reputation Management LLC – Researching Your Reputation

lma — Sun, 06 Apr 2008 20:13:35 +0000

Brand and strategy research can have a great impact on your reputation management strategy. Knowing and understanding the messages that are floating around can help you decide what direction you’d like to go in, as well as possible pitfalls.

Reputation management has always been important, but in today’s market where consumer trust is at an all-time low, discerning companies are acknowledging the importance of their own reputations as corporate assets. Companies and individuals are now recognizing that to actively manage their reputation, the must first measure it. With so much information floating around the world wide Web, it’s possible for individuals such as Matt Drudge and Perez Hilton to be household names, even though they employ virtually no one.

If you’re searching for a reputation management company, look for one that partners with its clients to provide deep insights on your company’s current reputation, as well as one that strives to understand your brand promises and goals. Before you can know where to go, you must know where you are.

There are various tools at your disposal to find out what the world thinks of you, or if they even think of you at all. There are demonstrable links between strong reputations (or perceptions) and positive supportive behaviors people have toward those companies. Product purchases, investment behavior and so on are all impacted by reputation management. Also, experts have identified a strong positive relationship between a change in reputation and a change in financial success or failure.

Case in point, consider AIG. Before these last 6-12 months, AIG was a well respected insurance company that supported various sports teams and that was considered a multi-billion dollar titan. Today, after consistent negative press and public embarrassment, AIG is considered one of the causes of the economic downturn (even though that’s absurd). When AIG takes the time to research their reputation, using Internet tools, media history and other resources, they will be able to trace their corporation’s poor reputation to the economic collapse.

The various tools available include some that are very simple, such as Google and Yahoo, and others that take a bit more finesse, such as Lexis Nexis. Using the tools you have available can mean finding out not just what your reputation currently is, but how that happened. For example, KFC is the kind of brand that regularly bounces up and down. When the country wanted healthier food, KFC almost became a poster child for obesity. Then, things seemed to die down. Recently, when Oprah offered coupons for KFC on her Website, and the company had problems filling the requests, near riots broke out at the stores.

Some reputation management research will demonstrate that while companies have big ideas, they have poor follow through. KFC thought partnering with Oprah would help their bottom line, but when their operations weren’t lined up with their marketing, it turned bad.

Not only should you research your current reputation, online and otherwise, but you should annually research your reputation so that you can take a continued inventory.

Event Management Company Makes Your Event Unique and Successful

lma — Sun, 09 Mar 2008 11:48:39 +0000

It doesn’t matter, what sort of event you need to plan, corporate event management solution is vital to make it unique and successful. From business events, conferences, meetings, seminars, exhibitions to weddings, an event management company keeps you away from stress and worries and saves a good amount of time and money as well. Organizers and corporate houses due to lack of time give preference to corporate event management companies to organize any kind of event. This is because; an event management company takes all the burdens from you and manages your special corporate as well as private event in a unique way from start to finish. These event planners also provide event concept development, budget settlement, marketing, advertising and support.

Many people still think what an event management company can do? It is simple, an event management company manages your corporate event, sales your tickets online, makes a dynamic plan to provide an impressive environment for business, promotes exhibitions for growing profits and volume and above all collects payments and keep you informed with financial updates to measure the events financial success. However, the task of an event management company is a difficult one because it needs good management skills and quickness of thought and above all patience.

Today, private as well as corporate events need proper management and arrangement to make them successful and unique. However, arrangements and managements depend on the nature of event and the targeted audience. In simple words, Event management company manages your corporate event, sales your tickets online, makes a dynamic plan to provide an impressive environment for business, promotes exhibitions for growing revenue and volume and above all collects payments and keep you informed with financial updates to measure the events financial success.

These companies also have the proficiency to handle all the points of special corporate events such as right venue, cuisine and entertainment. In simple words, an event management company is outfitted to manage all the event related problems. These professional planners are adapted to handle the details of a major event and have doubtless experience. A corporate event management service provider manages and arranges state-of-the-art services that a corporate event requires. Industry sectors like award ceremonies, fashion shows, sports, music, cultural gatherings, etc have become the essential options in the event management sector because event management companies endow you with skillful administration from beginning to end.

MBA, BBA College in Indore Management Institute

lma — Sun, 24 Feb 2008 16:08:58 +0000

Indore Management Institute (IMI), one of

the premier management institute in the

country, Indore Central India announces

admissions in

- Two year MBA program for residential students.

- One year MBA program for the working professional.

- Customised MBA program for the corporate.

- 3 Years Full Time (Regular) BBA & B.Com

courses. The details are as follows:

Contact details

Indore Management Institute

M 4 Mishika Tower Sapna Sangeeta, INDORE M.P.

0731-2478888, 9301230074, 9926023232

Email: info@imi.ac.in www.imi.ac.in

MBA Courses:

•    MBA – Core (Dual Specialization in Hr, Finance, Marketing)

•    MBA – Banking & Insurance

•    MBA – Retail Management

•    MBA – International Business

•    MBA – Information Technology

•    MBA – Hospital Administration

•    MBA – Educational Management System

•    MBA – Training & Placement

•    MBA – E Commerce

•    MBA + PGP in Pharma

BBA Courses

•    BBA- Bachelor of Business Administration

•    BBA-FT – Bachelor of Business Administration in Foreign Trade

B.Com Courses

•    B.Com (Computer Application)

•    B.Com (Foreign Trade)

•    B.Com (Tax Procedure)

•    B.Com (Advertising & Sales Management)

•    B.Com (E-Commerce)

•    B.Com (Office Management)

Affiliation:

IMI – the top management institute in

Indore, central India has affiliation with

Sighania University for post Graduate

programmes and affiliated with Devi Ahilya

University, Indore aka DAVV, Indore for

under graduate programmes.

Facilities:

•    Free Laptop to every student

•    Free Singapore Study Tour to each student

•    Free 7 Additional diploma/certificates in the fields like SAP, 6 Sigma, ERP, Oracle, E.I., MDP, EDP, IFAIM etc.

•    Prayaas – The Scholarship Program for meritorious students more details..

•    Free Lunch & Bus Facility etc.

•    International Certification from (Management Development Institute of Singapore) MDIS Singapore

•    Regular Industry visits.

•    World’s first Management Lab in which you can do practical of your management theories.

•    CEO of the month activity in which CEO/manager of different companies interact with students.

•    Air Conditioned classrooms.

•    Wi fi Campus

•    Well stocked Library and E Library

•    Sports facility includes: Billiards, Snooker, Basket ball, Table Tennis, Volley Ball, Badminton and many indoor/outdoor

games.

•    Open air Cafeteria

•    Communication lab for language improvement.

•    World’s first institute to publish an

International Management Journal – IMI DISHA within 6 months of its inception.

•    Conducting CEO Roundtable conferences to enhance the placement opportunities for students.

•    Conducting Academia Industry interface to update the course curriculum.

Scholarships

Scholarships are available for All Female students and meritorious male students.

Contact Details

School of Business Indore Management Institute

M 4 Mishika Tower Sapna Sangeeta, INDORE

M.P.

0731-2478888, 9301230074, 9926023232

info@imi.ac.in www.imi.ac.in

With so many facilities and benefits for

students Indore Management Institute has

earned a distinct reputation in central

India. The institute provide 100% placement

assistance to its students. They are

maintaining excellent infrastructure and

educational quality standards. It has

become a well known destination for

management studies not only in Indore but

all over India. Even students from other

countries are joining management courses at

IMI.