June 2016: Can you deal with HR management challenges? All businesses and projects need to acquire staff to work on performing work activities. Knowing how to deal with staff and manage them as special type of work resources is a critical success factor for all businesses. HR management practices apply to all kinds of people acquisitions, be it permanent employment, contracted, part-time, or outsourced staff. Proactive actions that help to avoid conflicts include setting expectations upfront and agreeing on common rules. Legally prepared agreements, covering various aspects of the relationship, will help all parties in leading a smooth engagement to successful culmination. Professional development opportunities are also key motivation and retention factor.
May 2016: Are you conscious about how you manage your time? People who claim lack of time to fulfill all of their responsibilities are most likely just lacking time management skills. Regardless of whatever tools or organizers you use for tracking your tasks, it's all about consciousness of what you are doing and why you are doing it now or later, prioritizing and planning, and elimination of wasteful activities, which are excessive actions that can be rearranged or done in a more efficient way. It's not mechanics, surprises happen, and you need to be adaptive and flexible to fit the right task to the right time slot. It's about your passion for getting something done, and remember that time is the most scarce resource, it can't be purchased or reclaimed, it just goes by.
April 2016: How to choose risk response strategy? Most common risk responses are avoid/mitigate/transfer/accept for negative threats, and exploit/enhance/share/accept for positive opportunities. Each strategy is best in certain risk situations depending on risk assessment based on probability of occurrence and impact on business objectives if occurred, from which priority is driven, and suitable response strategy is selected. Factors that influence determination of the best response strategy for each risk include cost/benefit analysis of response implementation, and the internal and external context of the organization or the activity within which risk is identified. Also organizational resources and capability constraints contribute to risk response planning.
March 2016: What is the difference between process and procedure? Although both terms sound so familiar to most professionals, still many are confused about what each means and when to use each word. A process is defined as a set of activities that are performed in a certain logical order to achieve a specific objective. It takes defined inputs and produces defined, expected outputs. Processes also define roles and responsibilities for performing each of the process activities. Processes are generally high-level flow of activities, and exact steps of carrying out those activities are defined in detailed procedures, which are more low-level and execution oriented steps. Procedures also can exist outside of a process context, like operational procedural instructions.
February 2016: What forms an organizational culture? Organizations have their unique character just like individuals do. And this character is evidently sensed in all interactions with an organization. This is in reality a manifestation of what's embedded in the organizational culture prevailing and adopted by the organization's people. A culture is built around what values and principles the organization cherishes and promotes amongst its stakeholders, supported by ethics and enacted in the form of behavior in daily practical actions. This spans all aspects of organizational operations, starting from internal human resources processes, to external facing processes related to supplier or customer interactions, the culture exhibits itself in all situations.
January 2016: Why is it crucial to diversify your food basket? "Put your money where your mouth is", and "don't put all of your eggs in one basket" are among the known sayings that encourage us to pay attention to unknown risks that may threaten our living. This is also why you should "know everything about one thing, and know something about everything". Specialization, narrow focus, and reliance on a single source of income have serious vulnerabilities. Gulf countries who realized early enough that Oil is not an eternal resource have planned early for diversifying their economy and are standing on solid basis to face depletion of this resource or diminishing demand at anytime in the future. Similarly for companies who diversify products, services, and markets.
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