How You Can Learn to be a Better Manager

Written by Chris Anderson


How You Can Learn to be a Better Manager When you first take over a department, expectations are usually high but operations are sometimes in disarray. The staff is disorganized, goals aren’t being met, and hours are spent on unproductive tasks. Just when you thinkrepparttar company would never get on track,repparttar 103605 CFO recommends that you learn more about something called operations assessment.

Crucial Management Skills Help Avoid Mistakes At first, you aren’t sure how operational assessment skills would help you manage better, but you quickly see thatrepparttar 103606 training makes allrepparttar 103607 difference. You learn that planning without assessment can be as ineffective as not planning at all. You also learn that goal-oriented checklists, frequent follow-ups, and askingrepparttar 103608 right questions atrepparttar 103609 right times can eliminate costly mistakes.

With Operations Assessment Training, You Will Be Able To:

•Articulaterepparttar 103610 advantages of an operations assessment inrepparttar 103611 maintenance and improvement of your management systems.

•Explainrepparttar 103612 Model of a Process-based Quality Management System, andrepparttar 103613 purpose and structure of ISO 9001.

•Plan and execute an operations assessment.

•Gather objective evidence through observation, interview and sampling of documents and records.

•Write factual assessment reports that drive improvements in your management system.

MUTUAL FUND STUPIDITY

Written by AL THOMAS


THE ALCHEMIST by AL THOMAS MUTUAL FUND STUPIDITY For yearsrepparttar mutual fund industry has been going great guns taking peoples' money and forrepparttar 103604 most part doing a very lousy job of making a good return forrepparttar 103605 investor. The reason I say that is that 80% of them cannot meetrepparttar 103606 results ofrepparttar 103607 Standard & Poor’s 500 Index. The S&P 500 isrepparttar 103608 most important 500 stocks ofrepparttar 103609 New York Stock Exchange with a few others thrown in. If you buy any fund that is not composed of this index you are relying uponrepparttar 103610 fund manger to be able to weed outrepparttar 103611 poor stocks and buyrepparttar 103612 best ones. After all he is a “professional” and should know more than a monkey with a dart. Having been an exchange member and floor trader I consider it rather easy to go thrurepparttar 103613 charts of 500 stocks to eliminaterepparttar 103614 weakest 200 or 300. There are even services that categorize allrepparttar 103615 NYSE stocks in 5 categories from best to worst if he doesn’t want to dorepparttar 103616 work himself yetrepparttar 103617 largest majority of managers can’t seem to make an average amount of money. By average I mean beatrepparttar 103618 average performance of allrepparttar 103619 stocks inrepparttar 103620 S&P500 Index. When you go torepparttar 103621 hospital do you want an average doctor operating on you? Mutual fund managers are financial doctors only they are operating on your wallet. You sure don’t want your money with Mr. Average. Funds are luring you to give them money because they have a lower expense ratio, a famous manager,a specialized category, a socially responsible portfolio or some other nonsense. Why do I say nonsense? Because it doesn’t make any difference

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