Category: Management

Table of Contents Introduction The Highlights of Taylor’s Theory Criticism of the Theory Relevance of New Concepts Conclusion References Introduction As a result of the industrial revolution and technological acceleration in the 18th and 19th centuries, the situation changed. In both small factories and large enterprises, management strategies established over the years required modernization and…

Table of Contents Introduction Topic Background Predictive Maintenance Case Descriptions Results and Discussion References Article: Lee, S. M., Lee, D., & Kim, Y. S. (2019). The quality management ecosystem for predictive maintenance in the industry 4.0 era. International Journal of Quality Innovation, 5(1), 1-11. Introduction Quality management is a vital process of the organization’s workflow…

Table of Contents Causes of Increased Staff Turnover Employee Retention Methods Implementation of Corporate Changes Conclusion References Employee retention aims to prevent companies from experiencing high levels of employee turnover. The retention rate, in turn, directly affects the business’s success and turnover. Therefore, turnover and retention rates are interrelated since the higher the retention, the…

Introduction Practical organizational functioning is impossible without competent management concerning procurement and supply chains. WHO was chosen for analyzing the role of supply chain management due to the availability and openness of information about the company’s policy. Moreover, WHO’s ethical mission is to lead the supply chain to improve healthcare in developing countries. The paper…

The Home Depot, Inc., most commonly referred to as Home Depot, is a major retailer operating within the home improvement sector. The retailer is affected by several economic and environmental factors. The most significant environmental factor affecting the sector is the spread and popularity of online shopping. The sector faces increased competition from retailers specializing…

Table of Contents Introduction What should be included in the detailing project plan? Two reasons why scheduling resources is a vital task The importance of project work outsourcing Conclusion References Introduction Project planning is the foundation of any project work success. Managers need to understand all the steps in the project planning process. There are…

Table of Contents Introduction Achievement of Six Sigma Six Sigma Implementation Total Quality Management (TQM) Six Sigma and Total Quality Management Conclusion Reference List Introduction Six Sigma is the management technique based on project development and improving critical services and products of a firm. Therefore, Six Sigma aims to reduce product defects, reduce maintenance costs,…

Availability of resources is one of the main factors to consider while deciding how to staff a project. This will help to ensure that the resources are optimally utilized to avoid wastage (Viter, 2021). It is possible to staff a dedicated team of resources if there is a constant, reliable supply; this can be cost-effective…

A risk is any unforeseen event that has the potential of derailing plans and projects. If the risk takes place, it is likely to have a positive or negative impact on the project or a venture being undertaken by a company or an individual. The chance of the risk-taking place or happening is called a…

HRM undergoes significant changes driven by the economy and its conditions as an essential component of modern organizations’ activities in managing employees. Furthermore, some factors that directly impact workers and their working conditions can also cause significant changes in an organization’s human resource management practices. The current trend for remote work initially appeared as a…