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Topics - tanchi

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BBA Discussion Forum / 6 Facts You Have to Face If You Want to Be Rich

« on: June 05, 2014, 02:05:15 PM »

6 Facts You Have to Face If You Want to Be Rich

1. You Need to Invest
2. You Need to Start Now
3. Making Money Is Hard Work
4. You're probably spending too much
5. You Need to Make More, Not Just Spend Less
6. Even When You Start Amassing Wealth, You need to stay (at Least somewhat) economical

BBA Discussion Forum / Quality Assurance and Quality Control

« on: June 03, 2014, 12:20:10 PM »

The terms “quality assurance” and “quality control” are often used interchangeably to refer to ways of ensuring the quality of a service or product. The terms, however, have different meanings.
• Assurance: The act of giving confidence, the state of being certain or the act of making certain.
Quality Assurance: The planned and systematic activities implemented in a quality system so that quality requirements for a product or service will be fulfilled.
• Control: An evaluation to indicate needed corrective responses; the act of guiding a process in which variability is attributable to a constant system of chance causes.
Quality Control: The observation techniques and activities used to fulfill requirements for quality.

BBA Discussion Forum / Features of TQM

« on: May 17, 2014, 10:31:26 AM »

Meaning: -The concept of TQM was developed by Dr.W.E. Deming (regarded as the father of TQM) in 1960s in Japan. TQM is strategic approach that focuses on production of best possible product or services through constant innovation and timely action. It places emphasis on prevention of errors rather than on rectification.

Definition: - TQM is a management approach that places emphasis on continuous improvement in quality, in the interest of the organization and that of its customers”.

The following are some of the features of TQM:

1. Customer Focus: - - TQM Palaces emphasis in meeting the requirement of both the internal as well as the external customer. In order to meet the requirements for the external customer, it is necessary to meet the needs of the internal customer. The initial focus should be on meeting needs of internal customer before an attempt is made to meet the requirements of the external customers.

2. Continuous Process: - TQM is a continuous process. Constant and continuous efforts are made to improve the quality, and to reduce internal costs. Quality improvement helps the organisation to face the challenges of the competitors and to meet the requirements of the customers. TQM is a process which goes on forever, because at no time the quality can be 100% right. There is always a possibility for new and better way of doing things.

3. Defect-free Approach: - TQM place emphasis on the defect-free work most of the time. The defect free approach is phrased in various ways as right first time, working smarter or zero defects.

4. Employees Involvement: - in TQM everyone is involved in the process from the management director to the junior clerk or worker in the organization. It is not just manufacturing people, but also the accounting, finance, marketing, and even the canteen people are involved in the TQM process.

5. Recognition and Rewards: - Recognition and rewards is an integral part of company’s TQM Programme. Positive reinforcement through recognition and reward is essential to maintain achievement and continuous improvement in quality.

6. Synergy in Team Work: -The Japanese are great believers in synergy (to work together). Engineers, technicians, and workers look upon themselves as equals and communicate easily as they work side by side. They create what professor Okuda has called a ‘synergetic Partnership’.

7. Techniques: - TQM can take place by following various techniques such as quality circle, value engineering, statistical process control, etc. Through such techniques it is possible to improve systems and procedures.

8. System Approach: - TQM is a system approach to managing the business and improving the performance. Without the total commitment on the part of chief executive officer and his senior executives, TQM cannot take off to a good start.

BBA Discussion Forum / Career Education in Human Resources

« on: May 15, 2014, 05:44:39 PM »

Human resources specialists have diverse duties and levels of responsibility, so the educational requirements in the field vary. You can work in virtually any industry, so you have some choices to make when selecting your degree program in human resources. Even though specialization usually occurs at the master's level, determining your specialty in advance will direct you to the most effective courses of study and help you pick your elective courses.

The bachelor's degree is the most common qualification for entry-level jobs, although you may be able to get a foot in the door with an associate degree if you also have work experience. Master's degrees have increasingly become preferred for upper-level management positions. At all levels, online college courses in human resources have become more widespread as business professionals seek to expand or focus their expertise without losing years of work experience.

An interdisciplinary background is appropriate in this field--more so than for other business degrees. Look for a curriculum that combines business and social sciences. Relevant courses might include management principles, organizational structure, industrial psychology, public administration, computers and information systems, compensation, recruitment, and training and development. Other courses in behavioral sciences, psychology, sociology, political science, economics, or statistics are useful. Some jobs may require a more technical or specialized background in engineering, science, finance, or labor relations, for example.

Business Administration / Returning to Work After Maternity Leave

« on: April 20, 2014, 02:31:00 PM »

Returning to work after taking maternity leave is a mixture of emotions for many women. Knowing how to prepare for them is key issue, as knows that you’re not alone, regardless of how you feel.

Feelings:
The day is marked on your calendar, and is creeping closer, and closer. Whether you feel dread, or a tinge of excitement, you’re not the first mom to return to work feeling that way! Full-time working moms have a lot to juggle, and often emotions are at the top of the list.

Regret:
Many people admit to feeling regretful about returning to work, and confess to being frightened that they will miss important milestones with their baby. To be frank, you may miss that first roll-over, or the first crawl. However, the thrill that you will get when you see your child do it for the first time with you is sure to excite you, just the same. Remember to think positively and lightly about it!

Excitement:
Many times, moms are simply happier returning to work. It doesn’t make you any less of a mom because you choose to work, and not stay at home full time. Whether you work for enjoyment or career fulfillment, you are not the first mom to be anticipating her return.

Stress:
The schematics involved with getting you and your child ready, and dropped off at daycare while on a tight schedule can be stressful in itself. Juggling a deadline and family priorities can be difficult, and at times you may feel very overwhelmed. If applicable, try to keep your communication with your spouse open, positive and productive. Talk to him/her about your feelings, and try to come up with an alternative plan if you begin to feel as if you are nearing your breaking point. Also, talk to your supervisor! If they are pressuring you, voice your opinion with a simple sentence

BBA Discussion Forum / 6 traits of Successful Teachers

« on: June 02, 2013, 12:52:58 PM »

What We Can Learn From Successful Teachers:

The teachers I admire most are those who remain intellectually curious and professionally vital both inside and outside the classroom for decades. They avoid stagnation at all costs and maintain an enviable passion for children and the learning process. They remain vivid in the students' memories forever because of their creativity, sense of fun, and compassion.
Here are the qualities I feel contribute most to a successful, durable, and happy teaching career:

1.   Successful teachers hold high expectations
2.    They think creatively
3.   Top teachers are versatile and sensitive
4.   They are curious, confident, and evolving
5.   They are imperfectly human
6.   Successful teachers emphasize the fun in learning and in life

Thanks

Khadiza Rahman Tanchi
Lecturer
Dept. of Business Administration

BBA Discussion Forum / 10 tips to improve the way you speak English..What do you Think????

« on: May 25, 2013, 12:32:16 PM »

I found some tips to improve the way you speak English. I think these tips will also helpful for our students as well.
Please share your ideas..

1.   Observe the mouth movements of those who speak English well and try to imitate them.
2.   Until you learn the correct intonation and rhythm of English, slow your speech down.
3.   Listen to the 'music' of English.
4.   Use the dictionary.
5.   Make a list of frequently used words that you find difficult to pronounce and ask someone who speaks the language well to pronounce them for you.
6.   Buy books on tape.
7.   Pronounce the ending of each word.
8.   Read aloud in English for 15-20 minutes every day.
9.   Record your own voice and listen for pronunciation mistakes.
10.   Be patient.

Thanks
Khadiza Rahman Tanchi
Lecturer
Dept.of Business Administration

BBA Discussion Forum / Updated courses in Learning Feedback System

« on: May 16, 2013, 01:00:05 PM »

I have updated my courses and also gave course outline of the specific courses for this semester(summer-2013).

Fundamentals of Management (MGT-101)
Organization Behavior (MGT-202)
Students please join my courses and get a quick look of your course outline.

Thanks

Khadiza Rahman Tanchi
Lecturer
Dept. of Business Administration

BBA Discussion Forum / Examples of Challenges at the Workplace

« on: May 13, 2013, 06:37:08 PM »

Small business owners and their employees face many challenges in the workplace. While a company owner can strive to make their working environment as ideal as possible, there are still many examples of challenges at the workplace that may affect their employees. By being aware of these challenges, company owners can set up policies to handle different issues as they occur.

Diversity
Several challenges are intertwined with diversity. First, employers may feel challenged to hire a more diverse workforce while at the same time being concerned about the impact that diversity can have. Extra training is typically needed and this can raise expenses. Second, diversity can cause issues with employees who may chafe against one another while they are learning how to get along with their differences. Although this is a challenge, the rewards that a diverse workforce can bring a company often outweigh any issues that may arise.

Employee Interaction

Whenever you have different personalities working together under the same roof, there is bound to be friction from time to time. Teams working under deadline and under pressure may be more apt to have flare-ups of tempers and other issues. While in theory it is possible for everyone to get along, it rarely happens. Introducing training to help employees learn how to manage work stress and get along with other people can be very beneficial in handling this challenge.

Handling Customers

Customers bring another level of challenge into the mix. While the vast majority of customers and clients that you deal with on a daily basis will be polite and understanding, there is generally an element that is belligerent and hard to handle. This can create frustration among employees as well as managers and company owners. While the idea that the customer is always right is an important credo to follow, it is also necessary to train employees and managers in handling difficult customers and clients.

Motivation and Productivity

Workforce motivation directly impacts the productivity of a company. If employees are lacking in motivation, chances are they are not doing their jobs effectively and, as such, the company is suffering. It is important to find ways to motivate your employees and this can be a challenge simply because everyone has different motivating factors. What works for one employee may not work for another. In order to surmount this challenge, managers and company owners need to find several different motivators that appeal to a wide variety of employees -- such as monetary rewards, paid time off or even free food rewards.

BBA Discussion Forum / Professional & Ethical Behavior in the Workplace

« on: May 02, 2013, 05:22:01 PM »

Professionalism and ethical behavior in the workplace can benefit your career and improve your working environment. Understanding examples of professional and ethical behavior can help you to develop your own effective work habits. Be conscious of how you treat co-workers and your workplace attitude and you can improve your productivity and effectiveness.

Meetings:

Business meetings are regular occurrences in the corporate world, and by following meeting etiquette you can improve your professional image. Be prepared to contribute to the meeting by reviewing the agenda in advance and arrive on time. Recognize each speaker that has the floor and do not try to talk over someone else. Be respectful of the meeting chairperson and follow the format of the meeting, which would include using the proper times to ask questions.

Communication:

Ethical treatment of your co-workers and managers means being respectful of the need for efficient and accurate communication. Follow the instructions on company memos and ask questions only after you have thoroughly read the information. Asking questions about information that is clearly marked on company correspondence is unprofessional and presents the image of someone who does not follow instructions. Refrain from repeating office gossip, as helping to spread false or demeaning information regarding a co-worker is considered unethical.

Time Management:

Be early to work so that you can settle into your job duties, say hello to co-workers and get coffee before your shift is scheduled to start. Follow the lunch and break schedules by leaving when you are scheduled and returning on time. Check out and in when you leave for breaks and lunch.

Employee Safety:

It is the responsibility of each employee to report suspicious people in the office or misconduct committed by company employees. Company policies are designed to create a safe workplace. By reporting violations of company policy, you are doing your part to maintain a high standard of ethics in your office that will keep employees and visitors safe. For example, fire exits that are not properly maintained should be reported immediately for repair. Employees that do not follow the regulations in regard to proper disposal of cigarettes in the break area could be causing a fire hazard and that should be brought to the attention of management.

BBA Discussion Forum / What Is a Popular Motivational Model Used in the Workplace?

« on: April 30, 2013, 02:55:44 PM »

A workers' incentive program is a popular motivational model used to various amounts of success in workplaces around the world. Incentive programs can help increase production in your workplace up to 44 percent, according to a study by the Incentive Research Foundation. Properly executed, with sufficient follow-up to measure the results, some of the more popular motivational models can work for you, too. Use incentives to influence your staff, increase production and profitability, and boost morale.

Methods:

Goal-oriented motivational models produce the most effective results, especially when they run for longer periods of time. An incentive plan that increases rewards over a year typically results in higher gains in productivity than a quickie incentive program that lasts for only a week. Effective incentives provide increasingly higher goals, and employees are rewarded when they meet or exceed those benchmarks. Piece-rate motivational programs that reward employees for actual production numbers also prove effective as ongoing motivational models.

Considerations:

Front-line staff and managers appreciate incentives. Consider the needs of your employees when setting up rewards. The most popular models incorporate monetary rewards in the form of bonus checks, cash or other benefits. Tangible goods such as clothing, electronics, restaurant gift cards and tools also work well, depending on your staff's interests. Paid time off is another tool employed by many managers to increase motivation. The most effective motivational models may be those that allow employees to choose the types of rewards they receive.

Negative Impact:

Incentive programs work only when the cause of low sales figures or decreased production is related to a lack of motivation. Implementing a motivational plan when the market cannot support increases can backfire and demoralize employees trying to reach unrealistic goals.

Positive Impact:

Effective motivational models incorporate both intrinsic and tangible rewards. An effective manager who praises and thanks an outstanding performer increases the value of the incentive. When given high expectations for results, employees get excited when the projected rewards equal the level of their efforts. For example, it you need a sales staff to double sales in the coming year, you need to offer exceptional bonuses based on a tiered approach so that you create a buzz, initiate friendly competition and give workers good reasons to put in the extra hours and effort reaching the goal requires. While tangible benefits serve as positive rewards for exceptional work, employees also feel valued and appreciated by your show of gratitude. A well-motivated workforce is easier to retain, and you will attract competent employees in the future when your culture of motivation and rewards becomes known throughout your industry.

BBA Discussion Forum / How to Make a Motivational Workplace

« on: April 30, 2013, 02:32:51 PM »

A motivational workplace is one in which employees regularly go the extra mile and help their colleagues achieve the companies' goals and objectives.

According to professional business consultant James Daniels, quoted in the Harvard Management Update, the ability to create a motivational workplace depends on communicating company goals clearly, and on reinforcing behavior that goes above and beyond what is expected. The first step is to identify what types of behavior you want to see from your employees; then you can begin to make a motivational workplace.

Step 1
Set goals for your business and for your employees. These may be related to increasing profit, or to aspects of the business such as improving customer service. The goals should be achievable. Empower employees to go the extra mile by making sure they have all the resources necessary to do their jobs and meet their goals. This may mean extra training, new equipment, outside assistance or other requests from employees.
Step 2
Encourage teamwork among your employees. Set team goals and reward the entire team when members meet their goals. Send teams on away days or team-building adventures. Let your employees know that every job is important to the company's success.
Step 3
Use reward and recognition programs to motivate your employees. Give positive feedback and reinforcement whenever possible. Personalize recognition for good work by sending a handwritten card or letter, or a small gift tailored to the individual employee.
Step 4
Walk around the office and talk with your employees. Use active listening when to show them you care about their jobs and concerns. Treat all employees fairly and have transparent decision-making and promotion procedures. Make sure management acts in a consistent way when making decisions.
Step 5
Provide your employees with opportunities to take training courses in their field, and to cross-train for other jobs where appropriate. Provide promotion opportunities and promote from within the company where possible. Employees will be more motivated to succeed if they know there are no limits to how high in the company they can rise.
Step 6
Consider offering a child care program, flextime, paternity leave or other benefits that help employees to balance their work with their personal lives. If employees are happy with their work/life balance they will feel more motivated when they're at work.