Tag: Managment Control

Entrepreneurial skills encompass a large set of abilities required to successfully bring ideas to life. Employees who possess them are more likely to come up with good and effective solutions to the company’s problems. Entrepreneurial skills are especially important for…
Last Update 01.07.2020 · by · 0

Long-range planning is a set of analytical activities required to outline visions, goals and objectives of a company. You can use performance review phrases for long-range planning as follows: Exceptional/Superior: Peter perfectly understands the big picture. Quentin develops clear plans that…
Last Update 25.04.2020 · by · 0

Managing expenses is a set of operations aimed at evaluating, processing and paying expenses initiated by employees. Exceptional/Superior: Marta always looks for ways to cut expenses and save the company’s money. Gregory maintains proper documentation for every financial transaction. Gloria…
Last Update 22.04.2020 · by · 0

Controlling costs is a set of activities aimed at identifying and reducing business expenses to increase a company’s profits. Exceptional/Superior: Rachel always makes everything she can to minimize business costs. Peter has developed a number of effective cost-cutting plans. Marta…
Last Update 22.04.2020 · by · 0

Project management involves resource management and planning required for the successful completion of a company’s projects. Exceptional/Superior: Susan takes responsibility for all project management phases. Ronald is able to solve any production problems. Marta is great at coordinating resources required…
Last Update 25.04.2020 · by · 0

There are many skills a good manager should possess. It is not easy to be one, as all skills should be improved regularly. At the same time, the success of the company does depend on the manager, because he/she has…
Last Update 22.04.2020 · by · 0

When an employee faces with a challenging objective, it is common feeling that they are energetic and enthusiastic about the task. However, his/her performance can be significantly reduced due to the internal problems within the organization in relation to managerial…
Last Update 25.04.2020 · by · 0

Time management is the skill of managing one’s time resource to accomplish his or her goals. As an employee, time management is very important to his or her performance at work. An employee has to, at the same time, deal…
Last Update 25.04.2020 · by · 0

Management style is a decisive factor to the appropriate management within an organization. Therefore, when selecting a manager, his/her management style is one of the most basic factors to decide whether he/she is suitable to the position. This section below…
Last Update 22.04.2020 · by · 0

Goal-setting is a specially required skill for any employee and manager especially. This skill requires you know to judge the amount of work you are going to do and the way you are going to follow to complete those work.…
Last Update 22.04.2020 · by · 0