December 31, 2016

Executive Eclogue 2017 - Enhance Effectiveness, Efficiency, Engagement


Elevate 2017 - Enthusiastic Encore


Enjoy Excellent Economy

Enhance Effectiveness, Efficiency, Engagement,

Engineer Enthusiasm - Execute Eagerly, Earnestly

Elaborate Education, Experiment Enabling Ethos

Emend Earlier Exercises

Elegance Extraordinary Expected Effect




Eager - Full of keen desire, Strongly desirous

Earnest - Serious, Zealous, ardent

Easeful - Comfortable, Soothing

Economy

Education

Educe - Develop,

Effectiveness

Efficiency

Elaborate

Elegant - Ingeniously simple and effective

Elevation

Embellish

Emend - Remove errors

Enable

Encore - Call for repetition as audience has enjoyed the performace

Engagement

Engineer

Enlighten

Enthusiasm

Ethos - Characteristic spirit and belief

Excellence

Execution

Experience

Experiment - Based on experience






December 24, 2016

January - Management Knowledge Revision



HAPPY NEW YEAR -  HAPPY AND PROSPEROUS 2017


 Management News - Daily Collection
_________





To take care of holidays during December - January revision articles are specified from third week only.












Frederick Taylor
Picture Source:
http://en.wikipedia.org/wiki/Frederick_Winslow_Taylor



January 3rd Week  15th to 19th 2016




Development of Management Subject. Theory of Management developed over a long a period of time with periodic quantum jumps in thinking.
Scientific Management/Shop Management - F.W. Taylor Introduction


Industrial Management and General Management - Henri Fayol
Importance of Human Relations in Management - Elton Mayo and Rothelisberger (Insights from Psychology)


Organization as a Social Group (Insights of Sociologists)
Mathematical Models and Their Optimization


Control of Variation in Inputs and Outputs (Insights from Statistics)
Systems Approach in Management


Business Conceptualization (Insights from Economics, Engineering Economics, Managerial Economics, Industrial Economics)
Peter Drucker - Business Organization - Economic Function - Social Responsibility


January 4th Week   22 to 26,  2015

Global and Comparative Management
Management: Definition and Process



Process and Functions of Management - updated 26 Jan 2016
Planning: A Management Process  Recent study on 16 Jan 2015


The Nature and Purpose of Planning - Review Notes updated 16 Jan 2015
Objectives and Goals - Review Notes


Strategies, Policies, and Planning Premises - Review Notes
Business Firm and Society - The External Environment, Social Responsibility and Ethics - Review Notes


Decision Making - Review Notes  - updated 7 Jan 2015
Summary - Principles of Planning


February Month Management  Knowledge Revision


One Year MBA Knowledge Revision Plan


Month                 Subjects


January      (Principles of Management)
February    (P.of M & Marketing Management ) 
March        (Mktg. Mgmt. & Operations Management)
April          (Supply Chain Management and Financial & Cost Accounting)

May          (Management Accounting & Organizational Behavior)
June          (Innovation, Industrial Engineering and Economics)
July           (Economics, Engineering Economics, & Managerial Ethics)
August      (Statistics, Quality and Six Sigma, OR & BRM)

September (HRM, Mentoring, Training, Project Management, Maintenance, Energy & Environment Management)
October     (Information Technology and Management Information Systems, Warehousing and Transport)
November (Strategic Management & Financial Management)
December (Business Laws, Negotiation, Taxes and Government Relations)



Industrial Engineers support Engineers and Managers in Efficiency Improvement of Products, Processes and Systems


Industrial Engineering - January Knowledge Revision


Updated   26 December 2016,  4 December 2016, 26 January 2016





















December 23, 2016

Must Reads from Harvard Business Review of 2016




HBR's 10 Must Reads 2017: The Definitive Management Ideas of the Year from Harvard Business Review
BOOK by Clayton M. Christensen, Adam M. Grant, and Vijay Govindarajan

This collection of articles includes
"Collaborative Overload," by Rob Cross, Reb Rebele, and Adam Grant;  January 2016

"Algorithms Need Managers, Too," by Michael Luca, Jon Kleinberg, and Sendhil Mullainathan;  Jan - Feb 2016

"Pipelines, Platforms, and the New Rules of Strategy," by Marshall W. Van Alstyne, Geoffrey G. Parker, and Sangeet Paul Choudary;  April 2016

"What Is Disruptive Innovation?," by Clayton M. Christensen, Michael Raynor, and Rory McDonald;

"How Indra Nooyi Turned Design Thinking into Strategy," an interview with Indra Nooyi by Adi Ignatius;

"Engineering Reverse Innovations," by Amos Winter and Vijay Govindarajan;

"The Employer-Led Health Care Revolution," by Patricia A. McDonald, Robert S. Mecklenburg, and Lindsay A. Martin;

"Getting to Si, Ja, Oui, Hai, and Da," by Erin Meyer;

"The Limits of Empathy," by Adam Waytz;

"People Before Strategy: A New Role for the CHRO," by Ram Charan, Dominic Barton, and Dennis Carey; and
"Beyond Automation," by Thomas H. Davenport and Julia Kirby.

https://hbr.org/product/hbr-s-10-must-reads-2017-the-definitive-management-ideas-of-the-year-from-harvard-business-review/10064E-KND-ENG

December 2, 2016

Negotiation - Theory, Techniques and Skills - Subject Update







Harvard Business Review December 2015 issue is a special issue on negotiation



Emotion and the Art of Negotiation by Alison Wood Brooks is an interesting article.
https://hbr.org/2015/12/emotion-and-the-art-of-negotiation


You have to express the right emotions at the right times during negotiations.



Just as you prepare your tactical and strategic moves before a negotiation, you should invest effort in preparing your emotional approach. It will be time well spent.



The Bad Habits of Good Negotiators

06/04/2013,  Updated Aug 04, 2013
Adam Grant 

Wharton professor and author of GIVE AND TAKE and ORIGINALS
http://www.huffingtonpost.com/adam-grant/the-bad-habits-of-good-ne_b_3382873.html


Negotiation Advantage: Make the First Move

http://executiveeducation.wharton.upenn.edu/~/media/wee/wharton%20at%20work/nano%20tools%20pdfs/1209%20negotiating%20advantage.pdf

https://www.themuse.com/advice/3-counterintuitive-negotiation-tactics-that-really-work



Updated 4 December 2016, 8 December 2015

December 1, 2016

December - Management Knowledge Revision


December (Business Laws, Negotiation, Taxes and Government Relations)

New

First Week - 1 to 5 December

Business Law - USA
https://www.sba.gov/category/navigation-structure/starting-managing-business/starting-business/business-law-regulations


Advertising and Marketing Law
https://www.sba.gov/starting-business/learn-about-business-laws/advertising-marketing-law

Employment and Labor Law
https://www.sba.gov/starting-business/learn-about-business-laws/employment-labor-law

Finance Law
https://www.sba.gov/starting-business/learn-about-business-laws/finance-law

Online Business Law
https://www.sba.gov/starting-business/learn-about-business-laws/online-business-law

Regulation of Financial Contracts
https://www.sba.gov/starting-business/learn-about-business-laws/regulation-financial-contracts


Business Taxes - USA
https://www.irs.gov/Businesses


Small Business Tax Center
https://www.irs.gov/businesses/small-businesses-self-employed

Large Business and International Tax Center
https://www.irs.gov/businesses/large-business-and-international-tax-center

Deducting Business Expenses
https://www.irs.gov/businesses/small-businesses-self-employed/deducting-business-expenses

Excise Tax
https://www.irs.gov/businesses/small-businesses-self-employed/excise-tax


Second Week - 8 to 12, December

Six Surprising Negotiation Tactics That Get You The Best Deal
http://www.forbes.com/sites/work-in-progress/2013/12/05/six-surprising-negotiation-tactics-that-get-you-the-best-deal/
(Based on Wharton Professor Adam Grant's Book Give and Take

7 Negotiation Techniques Every Small Business Owner Should Know
http://www.huffingtonpost.com/2013/10/30/negotiating-tips-small-business_n_4058588.html


10 Techniques for Better Negotiation
http://www.startupnation.com/articles/10-techniques-for-better-negotiation/

Archive - Program on Negotiation - Harvard Law School
http://www.pon.harvard.edu/tag/negotiation-techniques/


http://www.pon.harvard.edu/daily/dealmaking-daily/negotiation-skills-and-negotiation-techniques-predicting-negotiator-decisions-and-behavior/

Negotation Techniques - An Introduction
http://web.mit.edu/negotiation/www/NTintro.html


Ten Tips to Convince Buyer to Pay More
http://www.negotiationbootcamp.com/NegotiationArticles/TipsForPriceNegotiation.html


Third and Fourth Weeks are left free as year-end vacation.

Bookmark and Visit on 15 January to start 2017 Revision





One Year MBA Knowledge Revision Plan


January  - February  - March  - April  - May   -   June

July  - August     - September  - October  - November  - December


Old


First Week

Economics of Advertising - Economics for the CEO - Managerial economics

Managerial Economics of Basic Price - Joel Dean


Product-Line Pricing - Managerial Economics

Economics of Price Differentials - Joel Dean


Economics of Capital Budgeting - Joel Dean


Operations Management

Introduction to the Field of Operations Management
Operations Strategy and Competitiveness - Review Notes

Optimizing the Use of Resources with Linear Programming

Operations Management shifted to March

Third and Fourth Weeks are left free as year-end vacation.

One Year MBA Knowledge Revision Plan

January  - February  - March  - April  - May   -   June

July  - August     - September  - October  - November  - December



Updated 1 December 2016,  11 December 2015