Henri Fayol’s management theory – the foundation of administrative management – offers a timeless framework of 14 principles that continue to shape business leadership today. This foundational model ...

Financial management is a process that enables a business to plan, direct, organize, monitor and control its current and future financial resources and events. It involves applying the basic ...

LONDON/NEW YORK(Thomson Reuters Regulatory Intelligence) - This is the first of two articles looking at policy management. It focuses on basic policy management principles, while the second will look ...

When I ask leaders and teams to concisely summarize their company’s management approach, the pause I get hangs in the air like a frisbee tossed on a windy day. No one seems to know which direction the ...

Frederick W. Taylor – widely regarded as the founder of scientific management – revolutionized how businesses operate by introducing time-motion studies, standardized processes and incentive-based ...

This represents a waterfall type of approach to project planning, where one phase flows into the other. It works well for certain industries such as construction and manufacturing, but it is less ...

Organizational structure tends to dictate an organization's management. There are two primary types of structure: tall, or hierarchical, and flat. Tall organizations are centralized; flat ones are ...

Equipment management is a complex and difficult task that affects almost every aspect of a company’s operations. The skills required vary from the master mechanic to the finance specialist and ...