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Conflict Management : Let’s Understand It
What is Conflict? Conflict is the state of high or low level of struggle, argument, or disagreement between two parties. It is a process that begins when one party perceives something she/he cares about is being or will be affected negatively by another party. In an organization, there are people from different backgrounds, caste, creed,…
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Motivation : Concept, Features, Importance , Key Theories and Strategies
Concept of Motivation There is inherence of desires, needs and wishes in every employee working in an organization. They want these desires, wishes and needs to be fulfilled by means of their working in the organization. This is the base for motivation. Motivation is the way by which employee needs are fulfilled to develop a…
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Fayol’s Principle of Administrative Management – The 14 Principles of Management
Fayol’s Principle of Administrative Management – The 14 Principles of Management Henry Fayol (1841-1925) was a French engineer who worked for a coal mining company and retired after 30 years of being Managing Director of the company. He was given the responsibility as the Managing Director when the company was in a state of insolvency.…
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Taylor’s Principle of Scientific Management : What Is It All About ?
Frederick Winslow Taylor (1856-1915) started his career as an operator and rose to the position of chief engineer. During his work, he conducted various experiments which made the foundation for scientific management. Taylor performed these experiments to reduce wastage and increase operational efficiency. Scientific management implies the use of scientific techniques to identify problems and…
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Management : Understanding Its Basics
Concept of Management Management is a set of activities directed towards the accomplishment of an organizational goal. It is concerned with utilizing resources effectively and efficiently to ensure such a goal is achieved within time. It is a process of planning, organizing, staffing, directing and controlling for a smooth operation of the organization. It is…