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Showing posts with the label Managing

Financial Analysis Tools for Managing Your Business

Financial analysis is the financial statement analysis of a particular company. It refers to assessing the stability of cash flowing in to the organization or the enterprise. Professionals perform financial analysis by making use of ratios by way of reports. The management may decide to continue or stop the business, make certain input materials, issue stocks and bonds, and implement other decisions related to investment. Stock picking software is also very useful to choose the best stocks for making profit. Tools of financial analysis help in assessment of the profitability of the company, its solvency, the liquidity, and the stability of the business. Financial ratios are compared by the appropriate tools which depend on the past, future and the comparative performance. Uses of Financial analysis tools They provide you with valuable information about analysis of the finances which can give you better insights into management of your business and the improvement of the profitability. ...

5 Reasons Why Managing People Effectively is So Hard

Or, Why is the “soft stuff” so hard to do? The cry for better management can be heard in every corner of the corporate arena. So with all this focus on managing people effectively, why do so many companies have such a difficult time actually making it happen? First, note that “management” is not one thing. It is the amalgam of insights, skills, determination and often bold, decisive actions. When broken down into its parts, the task of managers appears to be Sisyphean (in Roman Mythology Sisyphus was a king whose punishment was being compelled to roll a huge boulder up a hill, only to watch it roll back down, and to repeat it throughout eternity). Here are 5 elements that prevent businesses and the individual in them from doing a better job of managing people. 1. Bureaucratic Rigidity Most businesses, particularly larger ones, are by nature, rigid. Good management of people requires flexibility to deal with the vagaries of human behaviours. A corporate culture dr...