Daily Tips For Great Management

TODAY TIPS NO :- 20

Securities and Exchange Board of India (Sebi) chairman CB Bhave said the regulator is in the final stages of bringing out norms for delisting companies from the stock market.
“As far as delisting norms are concerned, we are at a fairly advancedstage. The deregulation norms of Sebi can be issued along with the delisting rules that the government is required to notify under the Securities Contracts (Regulation) Act (SCRA). We are in constant talks with the government and we will issue the rules simultaneously,” Bhave said. He added that the present practice of quarterly financial reporting by the Indian listed companies will continue to stay as part of the transparent and best corporate practices.
While agreeing that there are some pressure on the management side, Bhave said, “We have been continuing this practice for about a decade. We don’t see any reason to go back to the old system.”
He also said the watchdog has formed a committee to study the issues to be addressed to develop a vibrant debt market in India. Bhave noted that some of the firms were not following the listing agreement on appointment of independent directors and notices have been issued to them for violation under the Sebi’s adjudication procedure. However, he refused to disclose the number of companies. Sebi’s October decision on P-notes remains unchanged, he added.
PTI ADDS:
The market regulatory body on Tuesday said it has proposed to reduce the timeframe of issuing of rights issue from the present 109 days to 60 days. “We are hoping that we can bring it down further but we need to increase the processes also,” Bhave said.
Referring to a query that the rights issue can be set through DeMAT process, he said they were examining the suggestion. “Our hope is that in the next few months, we will complete our examination of this issue, maybe put it on our website to get the people’s comments and then we would take a decision,” the Sebi chairman said.

IF YOU WANT TO GET MORE INFORMATION ABOUT SEBI AND IT'S GUIDELINE OR VISIT IT'S CURRENT ACTIVITIES CLICK ON THESE BELOW LINKS :

www.sebi.gov.in
( SEBI protects the interests of investors in securities and promotes the development of the securities market through appropriate regulation. )

www.investor.sebi.gov.in
( SEBI investor awareness website. )

Daily Tips For Great Management

TODAY TIPS NO :- 19

MANAGEMENT WORLD IS VERY HUGE AND NOW IN THE ALL COUNTRIES OF BUSINESS IS GROWING WHENEVER IT’S CALLED 21ST CENTURY AND NOW BUSINESS WORLD IS PROGRESS WITH THOUSAND OF SPEED.

Henri Fayol (1841-1925) was a French management theorist whose theories in management and organization of labor were widely influential in the beginning of 20th century. He was a mining engineer who worked for a French mining company Commentry-Fourchamboult-Decazeville, first as an engineer. Then he moved into general management and became Managing Director from 1888 to 1918. During his tenure as Managing Director he wrote various articles on 'administration' and in 1916 the Bulletin de la Société de l’ Industrie Minérale, printed his "Administration, Industrielle et Générale – Prévoyance, Organisation, Commandement, Coordination, Contrôle". In 1949 the first English translation appeared: ‘General and Industrial Management’ by Constance Storrs.

THESE 14 PRINCIPLE IS BASIC FOR MANAGEMENT AND THESE IS ALSO CALLED SCHOOL OF MANGEMENT. ALL IIM LIKE IIM AHMEDABAD ( INDIAN INSTITUTE OF MANAGEMENT AHMEDABAD ), IIM INDORE ( INDIAN INSTITUTE OF MANAGEMENT INDORE), IIM CALCUTTA( INDIAN INSTITUTE OF MANAGEMENT CALCUTTA ),IIM BANGLORE ( INDIAN INSTITUTE OF MANAGEMENT BANGLORE ) OTHERS IIM, AND NIRMA INSITITUTE IN SHORT EVERY INSTITUTE OF MANAGEMENT IS ADMIT HENRI FAYOL AND FREDERICK TRAILER ‘S PRINCIPLES OF MANAGEMENT AND WE ARE INDICATE HENRI FAYOL’S 14 PRINCIPLE OF MANAGEMENT IN BELOW :

The 14 Management Principles from Henri Fayol (1841-1925) are:

PRINCIPLE OF HENRI FEYOL

Division of Work :-Specialization allows the individual to build up experience, and to continuously improve his skills. Thereby he can be more productive.

Authority :-The right to issue commands, along with which must go the balanced responsibility for its function.

Discipline :-Employees must obey, but this is two-sided: employees will only obey orders if management play their part by providing good leadership.

Unity of Command :- Each worker should have only one boss with no other conflicting lines of command.

Unity of Direction :-People engaged in the same kind of activities must have the same objectives in a single plan. This is essential to ensure unity and coordination in the enterprise. Unity of command does not exist without unity of direction but does not necessarily flows from it.

Subordination of individual interest (to the general interest) :-Management must see that the goals of the firms are always paramount.

Remuneration :-Payment is an important motivator although by analyzing a number of possibilities, Fayol points out that there is no such thing as a perfect system.

Centralization (or Decentralization) :- This is a matter of degree depending on the condition of the business and the quality of its personnel.

Scalar chain (Line of Authority) :-A hierarchy is necessary for unity of direction. But lateral communication is also fundamental, as long as superiors know that such communication is taking place. Scalar chain refers to the number of levels in the hierarchy from the ultimate authority to the lowest level in the organization. It should not be over-stretched and consist of too-many levels.

Order :-Both material order and social order are necessary. The former minimizes lost time and useless handling of materials. The latter is achieved through organization and selection.

Equity :-In running a business a ‘combination of kindliness and justice’ is needed. Treating employees well is important to achieve equity.

Stability of Tenure of Personnel :- Employees work better if job security and career progress are assured to them. An insecure tenure and a high rate of employee turnover will affect the organization adversely.

Initiative :- Allowing all personnel to show their initiative in some way is a source of strength for the organization. Even though it may well involve a sacrifice of ‘personal vanity’ on the part of many managers.

Esprit de Corps :- Management must foster the morale of its employees. He further suggests that: “real talent is needed to coordinate effort, encourage keenness, use each person’s abilities, and reward each one’s merit without arousing possible jealousies and disturbing harmonious relations.”

Five elements of “ Management “ :-

Fayol's definition of management roles and actions distinguishes between Five Elements:

1. Prevoyance. (Forecast & Plan). Examining the future and drawing up a plan of action. The elements of strategy.
2. To organize. Build up the structure, both material and human, of the undertaking.
3. To command. Maintain the activity among the personnel.
4. To coordinate. Binding together, unifying and harmonizing all activity and effort.
5. To control. Seeing that everything occurs in conformity with established rule and expressed command.

http://www.12manage.com/
( TO KNOW MORE ABOUT HENRI FAYOL,BUSINESS SCHOOL OF MANAGEMENT, AND MORE OF THINGS )
http://en.wikipedia.org/
( TO KNOW BIOGRAPHY, WORK, FAYOLISM, PUBLICATIONS, REFERENCES ABOUT HENRI FAYOL )



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Daily Tips For Great Management

TODAY TIPS NO :- 18

NOW DAY BY DAY MANAGEMENT FIELD IS GOING ON SPREAD MORE AND MORE AND IN THE FUTURE DEMAND OF BUSINESS MANAGEMENT , MANAGER AND IT FIELD WILL BE GOTTEN THE BEST GROWTH. SO, IF YOU WANT TO CREATE BUSINESS OR START NEW BUSINESS, KEEP IN YOUR MIND THAT YOU MUST START THAT BUSINESS WHICH IS RELATED WITH IT ( INFORMATION TECHNOLOGY ). THAT MEANS IF YOU HAVE GREAT KNOWLEDGE ABOUT MANAGEMENT WORLD, YOU CAN GET THE HIGHEST POINTS WITH EASILY. NONE OF MANAGER IS NOT MANGER FROM HIS BIRTH, HE IS BUILD MANAGER IN THIS WORLD AND ON THIS EARTH. YOU KNOW VERY WELL NONE OF ACTIVITY IS POSSIBLE WITHOUT MANAGEMENT. THEREFORE MANAGEMENT IS BACKBONE OF BUSINESS. IF YOU HAVE MATERIAL POWER, MIND POWER, MONEY POWER, PHYSICAL POWER BUT YOU HAVE NOT MANAGEMENT POWER WHICH IS MAINTAIN THOSE ALL OF POWER IN YOUR BUSINESS. THESE MANAGEMENT POWER IS YOUR QUESTION AND YOUR ANSWER, THAT IS YOUR KEY OF YOUR QUESTIONS WHICH WILL BE ARISEN IN THE FUTURE.

ON THE INDIA LEVEL MANY INSTITUTES ARE GOING ON BUT IF YOU CAN GET KNOWLEDGE OF MANAGEMENT, YOU SHOULD BE TAKEN IT’S FROM TOP 25 INSTITUTE OF MANAGEMENT IN INDIA WHICH IS INDICATE IN THE BELOW. WHENEVER IIM ( INDIAN INSTITUTE OF MANAGEMENT ) HAS COVERED 6 FIRST PLACE IN THE TOP 25 BUSINESS MANAGEMENT INSTITUTE AND MOST IMPORTANT THING IS THAT INDIAN INSTITUTE MANAGEMENT OF AHMEDABAD HAS GOTTEN 1ST ( FIRST ) RANK IN THE TOP 25 BUSINESS MANAGEMENT INSTITUTES. NOW YOU CAN KNOW THE BELOW CHART WHERE WE HAVE INDICATED LIST OF TOP 25 INSTITUTE OF MANAGEMENT :

TOP 25 INSTITUTE OF MANAGEMENT IN THE INDIA

	B-SCHOOL	INF STR (100)	FAC RES (250)	ADD & DEL	NET WOR (100)	PLA MEN (300)	ALL FIG (1000)
1	INDIAN INSTITUTE OF MANAGEMENT , AHMEDABAD	94.05	199.32	178.14	51.3	280.79	830.6
2	INDIAN INSTITUTE OF MANAGEMENT , BANGALORE	88.34	172.87	176.92	88.8	269.77	796.7
3	MANAGEMENT DEVELOPMENT INSTITUTE , GURGAON	71.75	206.88	136.99	93.5	278.07	787.18
4	INDIAN INSTITUTE OF MANAGEMENT,CALCUTTA	85.23	186.74	174.63	46.3	274.27	767.17
5	XAVIER LABOUR RELATIONS INSTITUTE , JAMSHEDPUR	80.1	172.06	170.52	42.38	261.3	726.37
6	INDIAN INSTITUTE OF FOREIGN TRADE , DELHI	74.56	141.93	160.95	83.43	260.1	720.96
7	NATIONAL INSTITUTE OF INDUSTRIAL ENGINEERING,MUMBAI	71.78	195.25	175.66	56.21	208.49	707.39
8	INSTITUTE OF RURAL MANAGEMENT , ANAND	80.65	154.98	142.68	46	240.24	664.55
9	S.P.JAIN INSTITUTE OF MANAGEMET & RESEARCH ,MUMBAI	73.04	144.75	154.82	65.81	225.82	664.25
10	XAVIER INSITUTE OF MANAGEMENT,BHUBANESWAR	70.44	153.15	137.88	66.48	236.04	663.99
11	FORE SCHOOL OF MANAGEMENT ,DELHI	50.97	164.38	146.41	62.5	239.37	663.64
12	ICFAI BUSINESS SCHOOL,HYDERABAD	53.87	140.62	146.17	92.25	226.29	659.2
13	SHAILESH J.MEHTA SCHOOL OF MANAGEMENT,IIT MUMBAI	73.96	169.31	166.6	49.15	199.91	658.94
14	DEPT OF MANAGEMENT STUDIES, IIT DELHI	70.35	171.79	177.3	42.25	196.67	658.35
15	UNIVERISTY BUSINESS SCHOOL , CHANDIGARH	67.97	162.48	176.46	65.38	176.86	649.14
16	T.A.PAI MANAGEMENT INSTITUTE ,MANIPAL	69.56	133.99	137.91	59.84	222.07	623.37
17	INDIAN INSTITUTE OF FOREST MANAGEMENT, BHOPAL	63.85	168.19	140.18	55.31	183.72	611.25
18	GOA INSTITUTE OF MANAGEMENT , GOA	66.02	116.04	162.86	41.78	215.54	602.24
19	LAL BAHADUR SHASTRI INSTITUTE OF MANAGEMENT, DELHI	59.12	123.82	136.6	54.88	201.82	576.24
20	NIRMA INSITUTE OF MANAGEMENT ,AHMEDABAD	61.53	110.43	139.74	44.95	211.08	565.73
21	VINOD GUPTA SCHOOL OF MANAGEMENT , IIT KHARAGPUR	50.61	122.55	146.11	54.88	189.42	563.57
22	ICFAI BUSINESS SCHOOL , MUMBAI	33.78	90.75	139.36	86.66	211.86	562.42
23	BHARATHIDASAN INSITUTE OF MANAGEMENT ,TIRUCHIRAPPALLI	61.95	129.39	126.52	26.94	213.1	557.89
24	WELLINGKAR INSTITUTE OF MANAGEMENT DEVELOPMENT &RESEARCH ,MUMBAI	49.26	95.84	159.42	61.98	190.92	557.41
25	ICFAI BUSINESS SCHOOL,GURGAON	51.85	96.95	138.57	78.25	191.7	557.31

AND IF YOU ARE BUSINESSMAN, YOU WANT TO DO M.B.A. ( MASTER OF BUSINESS ADMINISTRATION ). YES, YOU CAN DO IT. BECAUSE IIM AHMEDABAD ( INDIAN INSTITUTE OF MANAGEMENT OF AHMEDABAD ) AND IIM INDORE ( INDIAN INSTITUTE OF MANAGEMENT OF INDORE ) AND OTHER IIM LIKE NIIT IMPERIA HAS DONE CONTRACT WITH IIM INDORE ( INDIAN INSTITUTE OF MANAGEMENT OF INDORE ),IIM CALCUTTA (INDIAN INSTITUTE OF MANAGEMENT OF CALCUTTA ) ..ETC. HAVE STARTED SOME PROFESSIONAL CERTIFIED COURSES WITH A VIEW TO HELPING THOSE BUSINESSMEN AND SOME PERSON WHO WANT TO LEARN MANAGEMENT . BY THESE COURSE YOU CAN EASILY LEARN MANAGEMENT AND BUILD YOUR SELF AS A GOOD MANAGER.
THESE COURSES HAVE BUILT AS FLEXIBLE FOR BUSINESSMAN AND PERSON WHO JOIN WITH BUSINESS WORLD AND WANT TO TEACH OR LEARN BUSINESS MANAGEMENT . IF YOU WANT TO GET MORE INFORMATION ABOUT NIIT IMPERIA COURSE GET MORE INFORMATION FROM THESE BELOW SITES :

CLICK HERE :-

http://www.niitimperia.com/
( NIIT Imperia offers Management course, executive mba program, Management diploma in India, management training and management learning from IIM. )

Download Program Detail content
(TO CLICK ON DOWNLOAD LINK IF YOU WANT TO GET MORE INFORMATION ABOUT NIIT IMPERIA )



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Daily Tips For Great Management

TODAY TIPS NO :- 18

NOW BY THE INDIAN INSTITUTE OF MANAGEMENT WHICH HAS GOTTEN A PLACE IN THE WORLD’S TOP INSTITUTE AND INDIA’S FIRST MANAGEMENT INSTITUTE AND SOMETIMES BEFORE WE HAD READ NEWS ABOUT IIM ( INDIAN INSTITUTE OF MANAGEMENT ) OF PROFESSOR HAS GIVEN A SPEECH THAT THEY WILL BE DONE WORK ON BOLLYWOOD OF CORPORATE MOVIES AND RESEARCH ON THEM AND THEN AFTER THEY WILL BE TAUGHT SOME IMPORTANT TOPICS FOR MANAGEMENT OVER THEM RESEARCH OF CORPORATE MOVIES.

WHENEVER EVERYONE IS KNOWN THAT WHAT IS IIM ?, AND WHAT IS IT’S STATUS ?. INDIAN INSTITUTE OF MANAGEMENT IS GIVEN THE BEST PROJECT WORK TO THEIR STUDENT IN EVERY WEEK AND NOW WE ARE KNOW VERY WELL “ WHAT IS THINKING POWER AND LIMIT OF BRAIN OF STUDENT OF IIM ? “ THESE ALL OF THINGS IS POSSIBLE TO SIMPLE BUSINESS PERSON AND NORMAL PERSON OR MANAGER WHO WANT TO GET THE BEST KNOWLEDGE OF MANAGEMENT BY THE INDIAN INSTITUTE OF MANAGEMENT. FIRST KNOW INCREASE YOUR KNOWLEDGE ABOUT MANAGEMENT AND THEN DO RESEARCH ON BUSINESS WORLD. THEN AFTER GET KNOWLEDGE ABOUT AND PROCESS OF MANAGEMENT WHICH IS DONE BY INDIAN INSTITUTE OF MANAGEMENT AND THEN FOLLOW THEM OR FOLLOW SOME STEP. OVER AT OUR FIRST PERAGRAPH WE HAVE INDICATED THAT “RESEARCH OF CORPORATE MOVIES “ AND FIND OUT MANAGEMENT POINTS FROM THOSE FILMS OR TO STAND OR FIND SUCH QUESTION WHICH IS FROM MANAGEMENT AND BUSINESS WORLD WHICH IS VERY HARD TO OTHER PERSON, THEN SOLVE THOSE TYPES OF QUESTIONS.

SOME IMPORTANT SITES :

http://www.iimahd.ernet.in/

( BY THIS SITE YOU CAN KNOW THAT HISTORY OF INDIAN INSTITUTE OF MANGEMENT AND CONTACT WITH THEM AND ASK WITH THEM YOUR QUESTIONS AND GET ANSWER OF YOUR QUESTIONS )

http://www.iimresearch.com/training/

( BY THIS SITE YOU CAN KNOW ABOUT RESEARCH OF IIM AND LEARN MORE THINGS ABOUT MANGEMENT AND ACHIEVE YOUR BUSINESS GOALS OR AIMS EASILY )

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