The thing, which is challenging more to a business, is the type of task on how to organize the people who are performing the work or a job in an organization.
1. Traditional Organizational Structures merely focus to the functions of a department within an organization. Included with it are the customs and bureaucratic procedures, which have defined by structures to be line-authority for all levels of management.
Two kinds of traditional structures:
• Line Structure defined as a chain of command from which the final approval on decisions comes from the operation officer of the organization, meaning from top to down management structure. A line structure by nature is informal which involves few departments controlling the organization that is decentralized into one top management authority.
• Line-and-Staff Structure is applicable because it always helps the organization to identify a set of guidelines for the people involving for completion of an organizational chart work. This type of structure combines the flow of data/information from the line structure with the staff departments that service, advice, and support them (Boone and Kurtz, 1993).
2. Business Organizational Structure is the area that covers the wide array of policies and rules governing the formation and operation of different kinds of entities by which individuals can organize to do business. Its term used to describe the entities themselves, the area of study examines issues such as how each major form of business entity may be formed, operated, and dissolved.
Saturday, May 22, 2010
Friday, May 21, 2010
Organizing?
Organizing is a group of activities defined, to collect and gather resources in order to implement plans in a highly effective and efficient manner.
Organizing is a broad set of actions, and considered one of the major functions of management.
Organizing is a broad set of actions, and considered one of the major functions of management.
Planning and Types of Plan
Planning in short as identifying where, why, when, how, and what.
Types of Plan:
• Career Plan
• Advertising Plan
• Business Plan
• Promotional and Marketing Plan
• Strategic HR Plan
• Leadership Development Plan
• Seminar and Training Plan
Types of Plan:
• Career Plan
• Advertising Plan
• Business Plan
• Promotional and Marketing Plan
• Strategic HR Plan
• Leadership Development Plan
• Seminar and Training Plan
Planning?
Planning is a process of thinking an action ahead of time...
It is also a process of thoughts putting together and proceed into action for future plan.
It is also a process of thoughts putting together and proceed into action for future plan.
Function of Management
Management is a process steps:
1. Planning
2. Organizing
3. Leading
4. Directing
5. Controlling
1. Planning
2. Organizing
3. Leading
4. Directing
5. Controlling
Wednesday, May 19, 2010
What is E-Human Resource Management?
e-HRM is a web-based tool to automate and support HR processes; an opportunity to delegate the data entry; to facilitates the usages; to offer more services to employees and market places; and getting more precise knowledge management;
Sunday, May 16, 2010
What is Motivation?
Motivation is the reason for an action that gives purpose and direction to behavioral aspects of an individual. It is the core of an action, which always has the lasting effects within the person.
Thursday, May 13, 2010
2010 Billionaire - Abdul Aziz Al Ghurair
A Billionaire businessman born in United Arab Emirates ranked as the #258, Forbes Business Magazine among hundred's of thousand billionaires' in the world. His worth of billions invested in banking, Mashreq Bank a publicly rated bank institution formed by his late father and family with $8 Billions asset capital at first. He expanded his connection in the business world by investing into real estate, contracting, publishing, cement, petrochemicals and residential care.
Abdul Aziz Al Ghurair is the Speaker of the House for Federal National Council (FNC) located in United Arab Emirates, a UAE parliament. In the year 1990, he was appointed as the CEO of Mashreq Group and makes it happen for the bank to be a world class financial institution.
In his 17 years of management, he made it happen to make 9 times the worth of the bank total assets which risen to $72.6 billions. Because of his vision, the bank received an award to be the "Best Bank in UAE in the year of 2006" & "MasterCard Product Award for UAE E-Gate Prepaid Master Card" Euro-money Magazine. As the year passed by, he continued to lead the growth of his businesses while he is actively supporting charitable institution local and international such as UNICEF, UNISCO, Planet Finance and the UAE Disabled Sports Federation.
Last, but not the least, he was one of the highest-level official from United Arab Emirates ever visit the Vatican met with Pope Benedict and Cardinal Bertone on the 21st of October 2008 and was awarded a special Lifetime Achievement Award, at the CEO of Middle East Awards.
Abdul Aziz Al Ghurair is the Speaker of the House for Federal National Council (FNC) located in United Arab Emirates, a UAE parliament. In the year 1990, he was appointed as the CEO of Mashreq Group and makes it happen for the bank to be a world class financial institution.
In his 17 years of management, he made it happen to make 9 times the worth of the bank total assets which risen to $72.6 billions. Because of his vision, the bank received an award to be the "Best Bank in UAE in the year of 2006" & "MasterCard Product Award for UAE E-Gate Prepaid Master Card" Euro-money Magazine. As the year passed by, he continued to lead the growth of his businesses while he is actively supporting charitable institution local and international such as UNICEF, UNISCO, Planet Finance and the UAE Disabled Sports Federation.
Last, but not the least, he was one of the highest-level official from United Arab Emirates ever visit the Vatican met with Pope Benedict and Cardinal Bertone on the 21st of October 2008 and was awarded a special Lifetime Achievement Award, at the CEO of Middle East Awards.
2010 Billionaire - Prince Alwaleed Bin Talal Alsaud
A Member of the Saudi Royal Family, head by King Abdullah. A nephew of the King but not included in the House of King's Power of Saudi Arabia. A self-made local and international businessman wherein he got his fortune from investing from different investments of real estate and stock market. Though his fortune dropped from $21 Billions (2009) to $19.4 Billions in the year 2010 he has made it to be included in the top 20 of the Most Richest Businessmen in the world. He ranked as #19 among hundreds of thousand billionaires all over the world. With his way of getting millions and billions, well known billionaires called him as the Arabian Warren Buffet whose ranking in the Forbes 2010 #3.
Prince Alwaleed Bin Taalal Alsaud, son of the late founding king of Saudi Arabia, married the daughter of the first prime minister of Lebanon and got from her 2 siblings. However, he has another 2 children from one of his current wives Princess Deborah. He formed and continuously controlling the highest position in his company (Kingdom Holding Group).
According to the passed reviews, his main billions worth invested in Citicorp's after controlling 4.9% which was the most he could do without declaring any interest in the public. After he bought the stocks of 207m from Citicorp, Prince Waleed invest together with other investor with the Singapore government investor in rising up billions of capital to shore the Citi's capital position. However, his investment together with others plunge continuously that was the time he decided to invest in different levels likes AOL, Apple Inc., Euro Disney, Four Season Hotel etc…
Prince Alwaleed Bin Taalal Alsaud, son of the late founding king of Saudi Arabia, married the daughter of the first prime minister of Lebanon and got from her 2 siblings. However, he has another 2 children from one of his current wives Princess Deborah. He formed and continuously controlling the highest position in his company (Kingdom Holding Group).
According to the passed reviews, his main billions worth invested in Citicorp's after controlling 4.9% which was the most he could do without declaring any interest in the public. After he bought the stocks of 207m from Citicorp, Prince Waleed invest together with other investor with the Singapore government investor in rising up billions of capital to shore the Citi's capital position. However, his investment together with others plunge continuously that was the time he decided to invest in different levels likes AOL, Apple Inc., Euro Disney, Four Season Hotel etc…
2010 Billionaire - Mukesh Ambani
At the age of 52, he ranked as the 4th billionaire’s Businessman from the 2010 Forbes Business Magazine, though his millions wealth worth came at first from his father inheritance. Since the time he took over the business of Oil and Gas after his father death, he made his millions into billions in a short period of time. His millions before is billions worth now. His attitudes in managing the business roll him over to be the 4th billionaire’s businessman in the year 2010.
He came from a wealthy family from Mumbai, India married with 3 children, an MBA drop-out of Stanford University and a graduate of Bachelor of Arts at University of Mumbai, India. He owns a team of Cricket in Mumbai, Indians. Mainly, his business came from buying bankrupt companies deals with oil and gas as well as petrochemicals. In the year 1981 he started managing the reliance company till to date, that was founded by his late father, Mr. Dirubhai Ambani. His style of management shows after he was chosen to be the Business Leader for the year 2007 by a public poll in India administered by NDTV. In the span of 2 years he reached the 4th among many billionaires' businessmen in the whole world with a net worth billions of $29.0 billions dollars.
He came from a wealthy family from Mumbai, India married with 3 children, an MBA drop-out of Stanford University and a graduate of Bachelor of Arts at University of Mumbai, India. He owns a team of Cricket in Mumbai, Indians. Mainly, his business came from buying bankrupt companies deals with oil and gas as well as petrochemicals. In the year 1981 he started managing the reliance company till to date, that was founded by his late father, Mr. Dirubhai Ambani. His style of management shows after he was chosen to be the Business Leader for the year 2007 by a public poll in India administered by NDTV. In the span of 2 years he reached the 4th among many billionaires' businessmen in the whole world with a net worth billions of $29.0 billions dollars.
2010 Forbes Billionaire - William (Bill) Gates
One of the most powerful businessman in the world ranked No. 2 from the recent posted of review, Forbes Business Magazine 2010 released among hundred's of thousand billionaires in the world. He was one of the founders of Microsoft together with his colleague (Paul Allen). Bill Gates created the world's largest company and had made the biggest charitable contribution in terms of the history.
At the age of 17, he invented his first program called "Time Tabling System" from which he received his first earning of $4,200. After that day, he continued to be fascinated with technology and he one day he was at Lakeside, he met his colleague (Paul Allen) who have the same interest he has. Together, they decided to write the first computer language program for a personal computer. After, PC's Maker and MITS, showed interest in their work they both decide to put a business and called it "Microsoft", that was in 1975 the first ever making of microcomputer software during his time in Harvard University.
Five years after when he faced the big break on his company when they signed contract to provide operating systems with IBM-compatible new personal computer. Years passed, Microsoft has given permission to license operating system to other manufacturer that was the time when computers programs and software's grows and slowly becomes part of the business industry.
In the end of 1980's, his partner (Paul Allen) step backed from being in the frontline with Bill Gates in Microsoft. Gates continued to play the key role of Microsoft with his vision and mission, to network computers and depend it all in Microsoft. However, he did not foresee the entrance of Internet outside Microsoft at early 1990's. He founded as well the Corbis Corporation which he becomes a Director, etc…
Few years came; he married Melinda Gates in the year 1994 in a very memorable and romantic day (New Year's Eve). He has 3 siblings. He founded together with his wife the program of "Bill & Melinda Gates Foundation" in the year 2000 while he was actively working as the CEO of Microsoft till 2006. Early 2008 when he decided to step backed from being the CEO and created a position wherein he can work as in a part time only.
He has a lot of investment outside his Microsoft and Corbis Corporation…. He was the richest businessman in the world from 1995-2007 and 2009 (Forbes Business Magazine).
At the age of 17, he invented his first program called "Time Tabling System" from which he received his first earning of $4,200. After that day, he continued to be fascinated with technology and he one day he was at Lakeside, he met his colleague (Paul Allen) who have the same interest he has. Together, they decided to write the first computer language program for a personal computer. After, PC's Maker and MITS, showed interest in their work they both decide to put a business and called it "Microsoft", that was in 1975 the first ever making of microcomputer software during his time in Harvard University.
Five years after when he faced the big break on his company when they signed contract to provide operating systems with IBM-compatible new personal computer. Years passed, Microsoft has given permission to license operating system to other manufacturer that was the time when computers programs and software's grows and slowly becomes part of the business industry.
In the end of 1980's, his partner (Paul Allen) step backed from being in the frontline with Bill Gates in Microsoft. Gates continued to play the key role of Microsoft with his vision and mission, to network computers and depend it all in Microsoft. However, he did not foresee the entrance of Internet outside Microsoft at early 1990's. He founded as well the Corbis Corporation which he becomes a Director, etc…
Few years came; he married Melinda Gates in the year 1994 in a very memorable and romantic day (New Year's Eve). He has 3 siblings. He founded together with his wife the program of "Bill & Melinda Gates Foundation" in the year 2000 while he was actively working as the CEO of Microsoft till 2006. Early 2008 when he decided to step backed from being the CEO and created a position wherein he can work as in a part time only.
He has a lot of investment outside his Microsoft and Corbis Corporation…. He was the richest businessman in the world from 1995-2007 and 2009 (Forbes Business Magazine).
2010 Forbes Billionaire - Carlos Slim Helu
World Billionaire’s Businessman Standing as No.1, a Mexican entrepreneur and businessman, involves in various groups of companies mainly includes telecommunications, retail, banking and insurance, technology, and manufacturer of automobile parts. He is now the wealthiest Mexican man, the richest Latin American and number one (1) out of many to mention Billionaire's Businessmen in the world, Forbes Business Magazine.
He was born in Mexican on January 28, 1940, 5th among the six siblings of Mr. Yusef Salim Haddad and Linda Helu both from Lebanese Decent. He graduated at Universidad of Nacional Autonoma de Mexico with a degree of Engineering.
He indeed shows his financial success in achieving business through finding undervalued companies and turns it to a profitable one. One of his first businesses was the Telefonos de Mexico (Telmex) which he acquired on the period of privatization (1990) from Mexican government. His construction empire, Impulsora Del Desarrolo y el Empleo, constructed roads and energy infrastructure. He expanded himself especially in the area of telecommunication e.g. local and international calls; mobile phone services; internet services; telephone directory, etc…
Since, he begun his shares in business world, well known and successful businessmen referred him as the 2nd “Warren Buffett of Latin America” however, he is more insisting to himself that he is an “operator of companies, rather just an investor (like Buffet). Like others well known businessman, he has his own weakness (Poor Computer Skills), nevertheless, he pursued to be part of technology, which showed us through his empire in computer retailer companies throughout USA and Puerto Rico with more than 200 outlets. His consistency in managing his business demonstrate a good attitude after he overcome the net-worth billions of Bill Gates (2nd Billionaire Businessman) in Forbes Business Magazine 2010 ranking.
He was born in Mexican on January 28, 1940, 5th among the six siblings of Mr. Yusef Salim Haddad and Linda Helu both from Lebanese Decent. He graduated at Universidad of Nacional Autonoma de Mexico with a degree of Engineering.
He indeed shows his financial success in achieving business through finding undervalued companies and turns it to a profitable one. One of his first businesses was the Telefonos de Mexico (Telmex) which he acquired on the period of privatization (1990) from Mexican government. His construction empire, Impulsora Del Desarrolo y el Empleo, constructed roads and energy infrastructure. He expanded himself especially in the area of telecommunication e.g. local and international calls; mobile phone services; internet services; telephone directory, etc…
Since, he begun his shares in business world, well known and successful businessmen referred him as the 2nd “Warren Buffett of Latin America” however, he is more insisting to himself that he is an “operator of companies, rather just an investor (like Buffet). Like others well known businessman, he has his own weakness (Poor Computer Skills), nevertheless, he pursued to be part of technology, which showed us through his empire in computer retailer companies throughout USA and Puerto Rico with more than 200 outlets. His consistency in managing his business demonstrate a good attitude after he overcome the net-worth billions of Bill Gates (2nd Billionaire Businessman) in Forbes Business Magazine 2010 ranking.
Billionaire's Businessman and Business
Abstract
In Forbes Business Magazine 2010 released, Carlos Slim Helu ranked as the no.1 among all successful and richest businessmen in the world. William (Bill) Gates, a consistent ranker of #1 from 1995-2007 and 2009 ranked no.2, while Mukesh Ambani the most wealthiest in India ranked no.4, Prince Alwaleed Talal Alsaud a self-made businessman from a royal family in Saudi Arabia ranked no. 19 and the prominent Mr. Abdul Aziz Al Ghurair of United Arab Emirates ranked no. 258.
In Forbes Business Magazine 2010 released, Carlos Slim Helu ranked as the no.1 among all successful and richest businessmen in the world. William (Bill) Gates, a consistent ranker of #1 from 1995-2007 and 2009 ranked no.2, while Mukesh Ambani the most wealthiest in India ranked no.4, Prince Alwaleed Talal Alsaud a self-made businessman from a royal family in Saudi Arabia ranked no. 19 and the prominent Mr. Abdul Aziz Al Ghurair of United Arab Emirates ranked no. 258.
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