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More Articles:1. Margin Management - Using the Supplier Profitability Ratio to Hold Your Vendors Accountable By Rick Johnson Margin management is not rocket science. Improving gross margin is simple. You must either raise prices or reduce cost of goods sold. But, there is a little more to it than that when you consider net profit. Consider doing an activity based costing analysis on your entire account base. There are plenty of instruction manuals published on how to do this. I guarantee you that you will find some surprises. You should also consider implementing a “Margin Hold” system that forces management approva… 2. Benifits of Effective Delegation By Manik Thapar Why Delegate?Delegation has a number of benefits. When you streamline your workload, you increase the amount of time available for essential managerial tasks. Your staff feel motivated and more confident, and stress level decrease across the workforce.NoteDelegate to boost staff morale, build confidence, and reduce stressIncreasing Your TimeManagers commonly complain that the short-term demands of operational and minor duties make it impossible to devote sufficient time to more important long … 3. Time Management Tips for Managers By Lorraine Pirihi Late last year I was presenting a workshop for the senior managers of a major organisation. Whilst doing a pre-workshop survey to assess the challenges these managers were experiencing it became very apparent to me that many of them were showing the signs of business burn-out. And it was no wonder why. They were suffering from 'Priority Problems'. Quite simply they were making the mistake of doing the urgent rather than the important tasks.They were working extremely long hours, with no time f… 4. How Invisible Communication Barriers Kill Productivity By Azriel Winnett Many kinds of interferences or disturbances can confuse a message. Communication specialists call them ''noise.'' A noise is anything that competes against communication. Obviously, if we want our communication to be effective, we have to be continually on our guard to detect such noise, whatever the source. When we find it, we must drown it out. Or better still, eliminate it altogether. Of course, before we can overcome such barriers, from wherever they come, we must be able to recogni… |
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