February 24, 2019

Top 25 Management Blogs



http://nraomtr.blogspot.com/
(14,576 backlinks)

https://www.malik-management.com/blog/

https://www.lollydaskal.com/blog/
(1,386 backlinks)

http://gregmankiw.blogspot.com/

http://www.mitsot.com/blog/




https://www.hensonconsultinginternational.com/organizational-behavior-and-global-management-blog/

http://www.emilianosoldipmp.info/

http://michael-roberto.blogspot.com/

https://lawprofessors.typepad.com/business_law/

https://blog.iese.edu/



https://www.bobsutton.net/

https://wsb.wisc.edu/faculty-research/forward-thinking-faculty-blog

http://professor-murmann.info/index.php/weblog/research

http://paris.tbs-education.fr/category/campus-life/professors-blog/

http://faculty.iima.ac.in/~jrvarma/blog/index.cgi



https://umarruhi.com/wordpress/blog/

http://www.garyhamel.com/
(5,988 backlinks)

https://ucanwest.ca/blog/business-management

http://ianangell.com/

https://blogs.uwe.ac.uk/leadership-and-change/




http://timkastelle.org/theblog/

https://www.robertsoncooper.com/blog/author/ivanrobertson/

https://bobemiliani.com/category/lean-leadership/

https://blog.strategyzer.com/

https://drjohnsullivan.com/



More Management Blogs

https://kipcurriermanagementleadership.blogspot.com

https://www.managementyogi.com/

https://vanupama.blogspot.com/p/welcome.html

http://www.johngoodpasture.com/2019/02/looking-for-stuff-on-pm.html

http://pjlehrer.blogspot.com
PJ Lehrer is an Adjunct Assistant Professor at NYU, teaching Integrated Marketing Campaigns, Consumer Behavior, Advanced Advertising Strategies, and Strategic Planning For Marketers.

http://marketingpractice.blogspot.com/

https://mgtdiary.blogspot.com


Search  site:blogspot.com management  Google


February 16, 2019

Leading - Global Management Challenges

Principles of Management Revision/Review Articles - List

Basic article on leadership
Leadership - Koontz and O'Donnell - Review Notes
http://nraomtr.blogspot.com/2011/12/leadership-koontz-and-odonnell-review.html




Leading in organizations is the process of influencing people so that they will contribute to organizational aims. Leading involves communicating what is needed to be done by various persons in the organization, providing leadership which includes understanding the needs of the followers and matching them with the needs of the organization and motivating which is concerned once with the needs of the members of the organization with the rewards and job roles.

Leading is practiced differently in different countries.

Leading Japan

In Japan, managers are seen as social integrators and are also part of work group. Managers show paternalistic leadership approach and show great concern for the welfare of their subordinates. Managers do the same work their subordinates do often to develop the environment of esprit de corps. This was mentioned by Fayol in his principles. Managers avoid face to face confrontation to maintain harmony. In Japan, employees develop close personal relationships as they interact outside the offices also more frequently.  Japanese managers emphasize face to face communication instead of memos.

Leading in the United States

In the US culture the emphasis is on individualism. Leaders are seen as decision makers heading the group. They are expected to be directive, strong, firm, and determined.  Written communication is given emphasis and managers value their private life.








Asian and American Leadership Styles: How are They Unique? 2005 article by Harvard Professor Prof D. Quinn Mills,

Updated  17 Feb 2019, 18 August, 2014,  10.2.2012, 11.12.2011

February 12, 2019

Productivity Control - Productivity Management




Productivity is a major concern in 1990s and will be one of the major concerns in the future also. - Koontz & O'Donnell - Principles of Management.

Productivity implies measurement and thus is connected to control in which also measurement is important.

Industrial engineering is the profession with focus on efficiency and productivity in engineering products, activities, processes and production systems. IIE's describes itself as the global association of efficiency and productivity professionals.

Productivity of knowledge workers is yet to be operationalized for measurement and improvement.

Koontz and O'Donnell and Weirich covered Operation related productivity improvement techniques in this chapter.

Operations research
Time event networks
Value engineering
Work simplification
Quality circles

In some editions of the book on Management, Koontz, O'Donnell and Weirich said, in reality, the entire book of management is about productivity.


14th Edition


In 14th Edition, Chapter 20 is titled as  Productivity, Operations Management, and Total Quality Management.

The authors, say in a real sense, this whole book is about the improvement of productivity. How it will receive special attention in this chapter.

Undoubtedly, productivity is one of the major concerns of managers in the 21st century.

Productivity is the output-input ratio within a time period with due consideration for quality. Measurement of skill work is relatively easy, but it is more difficult for knowledge work.

Good management results in improvement of productivity.


Tools and Techniques for Improving Productivity


Value Engineering


Specific Steps:

1. Divide the product into parts.
2. Identify the costs for each part.
3. Identify the relative value of each part with respect to the  lowest cost design alternative for a similar function.
4. Find a new approach for those items that appear to have a high cost and low value.

Work Simplification


This is a process of obtaining the participation of workers in simplifying their work. Training sessions are conducted to teach concepts and principles of techniques such as time and motion studies, work flow analyses, and the layout analysis methods.

Just-in-Time Inventory System

In this inventory system, safety stocks are drastically reduced. , Set up cost or ordering cost is also drastically reduced giving low batch quantities for production and ordering. There is emphasis on zero defects, and any defective part found during the subsequent operation is immediately sent back to the earliest state for repair and the reasons for the defect occurrence is investigated and corrected. For the system to work, dependable relations with suppliers are required and also well planned transport arrangement that collect parts frequently in a day from many suppliers in small quantities is required. Japanese companies have made successful implementation of JIT systems and rest of the world is now redesigning its systems to implement JIT system and improve productivity.

Lean Manufacturing


A study by MIT team on American, Japanese and European car manufacturers showed that Japanese were more productive as they use fewer workers, a shorter development time, lower inventories, few suppliers, less production space, and less investment to produce more models. Their delivery times are also small. MIT team named the Japanese systems as Lean Systems and popularised Lean manufacturing.

Lean manufacturing is creative application of industrial engineering by the Japanese IEs and managers and is now a popular productivity improvement methodology all over the world.


Managing Productivity

From Management, 11th Edition, Stephen P.. Robbins, and Mary Coulter

Improving productivity is an important and major goal in virtually every organization. For countries, 
high productivity can lead to economic growth and development. Employees can receive higher wages and company profits can increase without causing inflation. For individual organizations, increased productivity gives them a reduction in cost  and thus the ability to offer more competitive prices.



Over the past decade, U.S. businesses have made dramatic improvements to increase
their efficiency. 

Examples 

The Latex Foam International’s state-of-the-art digital facility in Shelton, Connecticut, boosted capacity by 50 percent in a smaller space but with a 30 percent efficiency gain.


Service companies and departments  are also  pursuing productivity gains. 

Pella Corporation’s purchasing office improved productivity by reducing purchase order entry times anywhere from 50 percent to 86 percent, decreasing voucher processing by 27 percent, and eliminating 14 financial systems. Its information technology department slashed e-mail traffic in half and implemented work design improvements for heavy PC users such as call center users. The human resources department cut the time to process benefit enrollment by 156.5 days. And the finance department now takes 2 days instead of 6 to do its end-of-month closeout.


For global companies also improving productivity is an important objective and route to increase competitiveness. 

McDonald’s Corporation drastically reduced the time it takes to cook its french fries—65 seconds as compared to the 210 seconds it once took, saving time and other resources.

The Canadian Imperial Bank of Commerce, based in Toronto, automated its purchasing function, saving several million dollars annually.

Skoda, the Czech car company,  a subsidiary of Germany’s Volkswagen AG, improved its productivity through an intensive restructuring of its manufacturing process.

Productivity is a composite of people and operations variables. To improve productivity, managers must focus on both. 

The late W. Edwards Deming, a renowned quality expert, believed that managers, not workers, were the primary source of increased productivity. Some of his suggestions for managers included planning for the long-term future, never being complacent about product quality, understanding whether problems were confined to particular parts of the production process or stemmed from the overall process itself, training workers for the job they’re being asked to perform, raising the quality of line
supervisors, requiring workers to do quality work, and so forth.


High productivity can’t come solely from good “people management.” The truly effective organization will maximize productivity by successfully integrating people into the overall operations system. 

At Simplex Nails Manufacturing in Americus, Georgia, employees were involved as an integral part of the company’s much-needed turnaround effort.  Some production workers were made part of  a plant-wide cleanup and organization effort, which freed up floor space. The company’s sales force was retrained and were involved in developing ways to sell what customers wanted rather than what was in inventory. The results were dramatic. Inventory planning was changed on the basis of more accurate and reliable information, and was reduced by more than 50 percent.  The plant now has  20 percent more floor space, orders became more consistent, and employee morale improved. The company recognized the important interplay between people and the operations system.




Updated 13 February 2019,  12 Feb 2016,  12 Feb 2014


Design for Productivity - Productivity Engineering - Product Industrial Engineering

Design for Productivity - A Productivity Engineering Task
https://nraoiekc.blogspot.com/2019/02/design-for-productivity.html

February 4, 2019

Summary - Principles - Staffing


Related to the Purpose of Staffing


Principle of staffing objectives


The positions provided by the organization structure must be staffed with personnel able and willing to carry out the assigned functions.

Principle of staffing


The quality of management personnel can be ensured through proper definition of the job and its appraisal in terms of human requirements, evaluation of candidates and incumbents, and appropriate training.


The process of staffing


Principle of job definition


Specifications for the job rest on organization requirements and on provision for incentives to induce effective and efficient performance of the tasks involved.

(I checked on 5 Feb 2019. Koontz and O'Donnell use the word incentives.)

Principle of managerial appraisal


Performance must be appraised against the management action required by superiors and against the standard of adherence in practice to managerial principles.

Principle of open competition in promotion


Managers should be selected from among the best available candidates for the job, whether they are inside or outside the enterprise.

Principle of management development


The objective of management development is to stengthen existing managers. The most effective means of developing managers is to have the task performed primarily by a manager's superior.

Principle of universal development


The enterprise can tolerate only those managers who are interested in their continuous development.



References


Harold Koontz and Cyril O’Donnell, Principles of Management: An Analysis of Managerial Functions, 4th Ed., McGraw-Hill, New York, 1968

Harold Koontz and Cyril O’Donnell, Principles of Management: An Analysis of Managerial Functions, 2nd Ed., McGraw-Hill, New York, 1959


Updated  5 Feb 2019
First published on  11 December 2011

January 23, 2019

Business Firm and Society - The External Environment, Social Responsibility and Ethics - Review Notes

Principles of Management Revision/Review Articles - List

Koontz and O'Donnell - Principles of Management Book Chapter


Managers of business firms or organizations in other walks of life are operating in pluralistic societies in which many groups represent various interests.

Enterprises do not live unto themselves alone. They are interlocking institutions that man has found it beneficial to organize to serve his needs. The family came into existence, then tribe, government, army, education, religion etc. slowly came into existence. The proliferation of institutions and enterprises has proceeded down to our day, where they often exist in bewildering confusion.

No ideal situation exists. People or individuals vary from stupid to the genius, from the passive to the  aggressive, from kind to the cruel, from the slothful to the energetic, from the cunning to the artless, from the humble to the proud. In an ideal society, the individuals would in concert determine when and which institutions and enterprises they would create to better serve themselves. But in practice many institutions and enterprises which have been created to serve them are the products of aggressive leaders-the few who care for many. They may not create always with care motive, they may do it for self-aggrandizement also.

The Historical Function of Business

Koontz and O'Donnell cite the explanation by economists. Economics conceives a business to be any activity that is concerned with the production (or purchase) for sale of scarce goods and services.The purpose of economic activity is always the same: it is to employ human and natural resources, and the man made capital equipment and components in the production of goods and services which the ultimate consumers want. Thus the purpose of business is to satisfy the economic wants of people, and since resources are scarce, their efficient use is a moral requirement.

Economic Organization of the Society or Country

The typical organizational patterns include free enterprise, socialism, communism, and the welfare state.

The Business of Business

There is no doubt whatever that the function of business is to make economic goods and services available for consumption. But it is not enough to produce economic goods; the first duty of business is to produce them efficiently.

Efficiency in resource employment is undoubtedly best achieved through free enterprise. It is the business of state to make sure through legislation and regulation that the private economy does not fail in its function to efficiently utilize resources to maximize the satisfaction of consumer wants for economic goods and services. The states are not able to do it by means of a monolithic bureaucracy as per the available experience.


External Environment and Stakeholders

Capital

Labor

Price Levels

Government policies

Technology
The term technology refers to the sum total of the knowledge we have of ways to do things.

Customers

Society

Social attitudes, beliefs, and values


Business Ethics

The practice of ethics is one of the social responsibilities of business. Unethical conduct is highly publicized whenever it is found, but most of the "sharp practices" remain hidden within the organizations or their networks.

Morals are customs with a high degree of social acceptance.

Business and professional codes

Koontz and O'Donnell note that widespread tendency of business groups and professional people to adopt codes of conduct has scope to further ethical practices and development of science of ethics. Examples of codes of conduct include those of medical, legal and accounting professions.

Purpose of declaring codes of conduct

The usual reasons are two. In the first place, it is considered that the publication of a code of ethics will improve the confidence of the customer, client, patient, or voter in the quality of service he may expect. A second reason is to assure standard practices in the relationships between members themselves. McGuire pointed out two additional reasons. They can be used as a crutch by the weak to refuse to do unethical acts. They also help in detection of unethical behavior in competitors and employees.


Businessmen have an obligation to all others in society to use scarce resources efficiently and, in so doing, to make certain that every decision stands firmly upon the applicable moral customs and any generally accepted ethical principles.


Sentences from Harold Koontz and Cyril O'Donnell,  Principles of Management, Fourth Edition, McGraw-Hill, New York, 1968, on Efficiency.


p. 742

The goal of all managers in all enterprises must be the effective accomplishment of purpose (whatever it is) with the most efficient utilization of resources-human and material-at their disposal.

The purpose of business is to satisfy the economic wants of people, and, since resources are scarce, their efficient use is a moral requirement.

p. 744
It is not enough to produce economic goods; the first duty of business is to produce them efficiently.

Since businessmen obtain control scarce resources by the purchase or lease of land and capital and hire human services, they have a moral responsibility for using them efficiently in the production

It is the business of the state to make sure through legislation and regulation that the private economy does not fail in its function to efficiently utilize resources to maximize the satisfaction of consumer wants for economic goods and services.







Updated 24 January 2019, 29 Jan 2015, 12 December 2011



Part of

January - Management Knowledge Revision

https://nraomtr.blogspot.com/2013/05/january-management-knowledge-revision.html



January - Industrial Engineering Knowledge Revision Plan

https://nraoiekc.blogspot.com/2015/01/january-industrial-engineering.html

December 10, 2018

Supply Chain Management Under Industry 4.0 - Paper Summaries



What does industry 4.0 mean to supply chain?



Introduction: This paper presents a preliminary analysis of the impact of Industry 4.0 on SCM and aims to provide a thought towards Supply Chain 4.0. The scope of the analysis has been intentionally limited to include only four functions within a supply chain, i.e. procurement, transport logistics, warehouse and order fulfilment. This is presented with respect to the Key Performance Indicators (KPIs) of the SCM. It is hoped that the current output will open up future pathways to draw the bigger picture and thus conduct a fuller analysis of these impacts.

Research Method: The research method for this paper is based on review of researcg papers with SCM focus. SCM components and KPIs for each of the components were identified for better understanding of SCM and then the impacts of the changes in technology on each KPI were analysed. The opportunities and threats exhibited in each of the technologies for each of the KPIs were then discussed by linking them with each area of the SCM under study. KPIs are defined in order to obtain quantifiable measures to compare if there are changes over time. The identification of these KPIs is, however, rather complicated because there are no clear boundaries between the levers (buy, storage, sell, move).

 “Buy” lever :  The performance parameters are, for instance: quality standard for the raw materials, reject rate, service level, order accuracy etc.

“Store”:  The performance parameters selected are for instance truck time at the dock, accurate receipts received, time from receiving to pick location, labor hours consumed per order, time from picked order to departure, etc.

“Move” : The KPIs to be analyzed are for instance: truckload capacity, turnaround time, shipment visibility, on-time pickups, on-time delivery, etc.

“Sell”: The KPIs selected are for instance: product availability, customer experience, response time, time to market, etc.

Results and Discussion: The results were created for technologies affecting each KPI, if a technology is affecting KPI then reason behind it is mentioned in form of template. Technology affecting KPIs in warehouse and transportation logistics were presented in form of template. The opportunities and threats with respect to industry 4.0 technologies were also presented in form of template. The aim of this paper is to fill the gap in the implementation of technologies involved in Industry 4.0 within the supply chain, particularly the warehouse, transport logistics, procurement and fulfilment functions. Through the analysis performed, the results showed that the areas which will be most affected by the introduction of Industry 4.0 are the order fulfilment and transport logistics.   Finally, within the procurement function, Industry 4.0 shows 71.43% of opportunities, the remainder being opportunities or threats.

Conclusion: From the analysis performed, it can be seen that the implementation of certain technologies, such as virtual and augmented realities, 3D-Printing and simulation, results will all result in opportunities. On the other hand, big data analytics, cloud technology, cyber security, the IoT, miniaturization of electronics, AIDC, RFID, robotics, drones and nanotechnology, M2M and BI could be opportunities or threats for the organizations. The fact that some technologies can result in both of opportunities and threats is because all the different areas are interconnected, with no clear boundaries between them, depending on where it was analyzed, it could have a positive or negative connotation. The most relevant benefits are increased flexibility, quality standards, efficiency and productivity. This will enable mass customization, allowing companies to meet customers’ demands, creating value through constantly introducing new products and services to the market.

Limitation and future scope: Author calls for empirical research in this area. Due to the fact that the implementation of these technologies will be accompanied by a new environment where people work with machines, he believes that legal aspects, liabilities, insurance and ethics should be considered. The work should be continued with some empirical work and assessment of how companies should digitally integrate their supply chain with real implementation and data.


Summarised  by Kirti Nayal, 1806007 Fellow Research Scholar  2018 Batch

December 1, 2018

Industry 4.0 Bibliographies - Smart Products, Processes, Organizations and Management Areas - Bibliographies


An attempt is being to develop a bibliography network that will provide references to 100,000 articles, books, blog posts, consultant reports and surveys,  white papers, research theses and papers.

Industry 4.0 Bibliographies - Smart Products and Processes Bibliographies



Agriculture 4.0

Animal Husbandry


Business

Courts

Engineering 4.0


  • Architecture
  • Automobile Engineering
  • Biotechnology
  • Civil Engineering
  • Communications Engineering
  • Computer Engineering
  • Construction Engineering
  • Diary Engineering
  • Electrical Engineering
  • Electronics Engineering
  • Industrial Engineering
  • Information Technology
  • Mechanical Engineering
  • Mining Engineering
  • Production Engineering
  • Sound Engineering
  • Textile Engineering

Education

Entertainment

Factory

Films

Government


Industry 4.0


  • Industry 4.0 - Adoption

  • Industry 4.0 - Consultant Reports

  • Industry 4.0 - Employment Issues

  • Industry 4.0 - Government Regulations

  • Industry 4.0 - Implementation Road Map

  • Industry 4.0 - Productivity

  • Industry 4.0 - SMEs

  • Industry 4.0 - Use Cases and Applications


Logistics


Management Areas

Construction Management
Cost
Information Systems
Logistics
Maintenance
Manufacturing
Marketing
Operations
Quality
Sales
Strategy
Supply Chain
Warehousing

Retailing

Services

Smart Products - Design, Manufacturing, Marketing

Smart Products - Various Products

Smart Cities


Technologies for Industry 4.0


  • a) Autonomous Robots,
  • b) Simulations and Forecasting Techniques
  • c) Vertical/Horizontal Software Integration
  • d) Industrial Internet of Things – IoT
  • e) Direct communication between machines
  • f) Internet of Services
  • g) Big data and analytics
  • h) Innovative methods of collecting and processing large amounts of data, including
  • the use of potential activities in the cloud (Clouds)
  • i) Additive Manufacturing
  • j) Augmented Reality – AR
  • k) Virtual Reality – VR
  • l) Cyber-Physical Systems – CPS
  • m) Digital Twin
  • n) Artificial Intelligence,
  • o) Neural Networks
  • p) Cybersecurity
  • q) Mass Customization
Transport

University 4.0