Formal & Informal Aspects of Business Management and Leadership
Formal & Informal Aspects of Business Management
The Formal Structure
The analysis of the structure with the vertical and horizontal division of work and its representation on the chart represents a formal point of view. We can identify formal aspects that are visible and susceptible to being represented and modeled.
The Informal Structure
Informality is not written or represented in formal models. Examples include personal relationships and communication.
Corporate Culture
Corporate culture is the
Read MoreInformation Systems Development: Stages, Feasibility, and User Roles
Stages of System Development: Determining System Requirements
The development of an information system involves several stages: preliminary investigation, determining system requirements, system design, system building, testing, implementation, and evaluation. The most crucial stage is determining system requirements, as it forms the foundation for the entire system’s construction and development. This stage involves identifying all the user’s needs and expectations, ensuring that the system effectively
Read MoreData Center Location & Security: A Comprehensive Guide
Factors to Consider When Choosing a Data Center Location
General Area
- Proximity to potential users
- Good roads
- Reliable power supply
- Good communication services
- Attractive income taxes
Specific Site
- Location in high areas for flood protection
- Proximity to urban or commercial transport services
- Keep away from air and ground traffic
- Keep away from pipelines of any material
Specific Building
- Suitable space for computer personnel (allowing for expansion)
- Absence of difficulties in site preparation
- Suitable space for
Operations Management: Key Concepts and Strategies
Order qualifier: It’s a screening criteria that permits a firm’s products to even be considered as a possible candidate for purchase. Intangible: the first difference between a good and a service, is that the service is an intangible process that can’t be weighed or measured. Lean manufacturing: An integrated set of activities designed to achieve production using minimal inventories of raw material, work-in-process, and finished goods. Just in time: is an integrated set of activities designed to
Read MoreThe Ultimate Guide to Business Plans: From Concept to Funding
What is a Business Plan?
A business plan is a detailed summary of a business opportunity and the strategy that will be used to pursue it. It’s a planning tool that’s incredibly useful for making business decisions. Essentially, it involves planning a series of activities aimed at exploiting one or more business opportunities, defining the steps to follow to create and grow a business.
Think of it as a short, clear, and concise document that describes:
- The objectives of the business you want to start
Effective Communication: Overcoming Barriers and Utilizing Feedback
Effective Communication
Specific Barriers to Communication
Requirements for Good Communication
- Clear Communication: Messages transmitted are understandable and accessible to different levels of education and maturity of the recipients.
- Accurate Communication: The information provided must be complete and accurate, avoiding communication gaps and building trust with the recipients.
- Objective and Truthful Communication: The information must be truthful, sincere, and objective.
- Timely Communication: The