Facility planning or strategic facility planning recognizes that every decision made in business planning has a direct impact on an organization’s real estate assets and needs. In the real world of facility management, a plethora of activities falls under the facility manager’s responsibility, causing frequent lapses into a reactive mode to respond to all the…
4 functions of management process are planning, organizing, leading and controlling that managers perform to accomplish business goals efficiently.
Comparison of Maslow and Herzberg’s Theory of Motivation shows the similarities and differences between the hierarchy of needs and two-factor theory. Maslow and Herzberg provided the most popular human motivation theories used in the workforce. Maslow’s hierarchy of needs and Herzberg’s two-factor theory are compared and we try to find out what makes them similar and also different….
Goal setting theory states that goal setting is essentially linked to task performance as goals indicate and give direction to an employee about what needs to be done and how much efforts are required to be put in.
Reinforcement theory of motivation by Skinner states that individual’s behavior is a function of its consequences. This theory focuses on what happens to an individual when he takes some action. Managers use positive reinforcement, negative reinforcement, punishment and extinction to control employees behavior.
Maslow’s hierarchy of needs theory shows that an individual has a hierarchy of five needs that shape his reaction to any particular situation. Human has a hierarchy of 5 needs; physiological, safety needs, social, esteem, self-actualization.
Risk Management is the process of assessing risk and developing strategies to manage the risk. 7 steps of risk management process establish the context, identification, assessment, potential risk treatments, create plan, implementation, review and evaluation of the plan.
Decision Making faces 3 particular conditions they are; (1) uncertainty, (2) certainty, and (3) risk. These conditions determine the probability of an error in decision making. In this post, we will look at the 3 decision-making conditions. 1. Certainty Under conditions of certainty, the manager has enough information to know the outcome of the decision…
Managers need feedforward control. Feedforward control is a mechanism in a system for preventing problems before they occur by monitoring performance inputs and reacting to maintain an identified level. It is now increasingly recognized that control must be directed towards the future to be effective. Knowing about deviations long after they occur is useless. What…
The hierarchy of objectives indicates that managers at different levels in the hierarchy of the organization are concerned with different kinds of objectives according to the authority they are delegated with. As the figure below indicates, managers at different levels in the hierarchy are concerned with different kinds of objectives. The directors and managers at…