management
Preparing For Management Responsibilities
The Webster dictionary describes a manager as ‘someone who handles or directs with a degree of skill’. But this definition is not rigid as are the responsibilities. Alternatively, you can think of a manager as someone who controls resources and expenditures. A manager has 4 basic roles to play in such areas as planning, organizing, [...]
Money Management Tips For Trading On The Forex
What is Money Management: describes strategies or methods a player uses to avoid losing their bankroll. Money management in the foreign exchange currency market requires educating yourself in a variety of financial areas. First, a definition of the foreign exchange currency or forex market is called for. The forex market is simply the exchange of [...]
Is Six Sigma The Ultimate Management Tool?
Today, Six Sigma covers a very wide range of industries such as healthcare, banking, manufacturing and construction, to name a few. The 2 methodologies adopted by Six Sigma take care of the existing process and the new processes that still need to be developed, through DMAIC and DMADV respectively. DMAIC and DMADV are acronyms for [...]
Six Sigma and Upper Management
The one ultimate reward that counts for any business organization is improvement of bottom line profitability and the return of satisfied customers. This end result must justify all the initiatives taken by upper management. Upper management utilizes a tool called “cost of poor quality (or “COPQ”) as a barometer for evaluating six sigma projects. Apparently, [...]
Ten Common Investment Errors: Stocks, Bonds, & Management
Investment mistakes happen for a multitude of reasons, including the fact that decisions are made under conditions of uncertainty that are irresponsibly downplayed by market gurus and institutional spokespersons. Losing money on an investment may not be the result of a mistake, and not all mistakes result in monetary losses. But errors occur when judgment [...]
Yoga in Practice: Anger Management (Part 1)
Yoga has been able to help many of mankind’s ailments, but what about anger management? How can Yoga prevent rage and the burning desire for revenge? Many people say: “Don’t get mad, get even.” Is this what we are talking about? As any Yoga practitioner knows, Yoga has nothing to do with “getting even.” However, [...]
Yoga in Practice: Anger Management (Part 2)
The next obstacle is self-righteousness or delusion. This is the belief that you are right, even though the universal laws of morality say you are wrong. How can genocide be justified? How can one race, or religion, justify alienating another? How can innocent civilians be slaughtered for retribution? Sorry to bring up such extremes, but [...]