What Is Knowledge Management?The term "knowledge management" is used to describe all of the activities within an organization aimed at capturing and leveraging internal and external tacit and explicit knowledge. It includes the collection, classifica...

The functional areas of the organization are interdependent. The organization is a complex system, and its functions cannot be performed without each other. For example, sales and marketing can not perform if the product the organization is producing...

There is no single management style that fits every situation. However, there are some of the  management styles that tend to dominate the workplace:Autocratic or AuthoritarianParticipative or DemocraticTransformational LeadershipTransactional Leader...

 In 1916, French management expert Henri Fayol published "Industrial and General Administration." In this book, he proposed the 14 Principles of Management. These principles are still used today and considered the foundation of modern management prac...

Max Weber's work is divided into three main parts: 1) The theory of bureaucracy; 2) The theory of capitalism; 3) The theory of religion. Let's focus on the theory of bureaucracy only in this post.BureaucracyIn the first part of his work, Weber deals...

The Scientific Management Theory is a theory of management developed by Frederick Taylor. It was first published in 1911, and it has been widely used to describe the organization of work in factories since then. The term "scientific" refers to scient...

Management is the process of directing people to achieve organizational goals. It involves setting objectives, assigning responsibilities, monitoring progress toward those objectives, and evaluating results. Managers are responsible for developing pl...

Quality management is defined as the systematic approach used to ensure that an organization meets its objectives and achieves its goals through the effective implementation of a Quality Management System. Quality management is a strategic tool to ac...

Initially created by Dr. Robert Kaplan and Dr. David Norton at Harvard Business School, the Balanced Scorecard has been used widely to measure business success. Historically, companies measured their success using only short-term financial measures l...

Measurements assist in making decisions and understanding the progress in meeting the strategic and tactical plan.Measurements drive behavior. What gets measured gets done.Organizations must be able to measure their performance in order to improve it...