Management

Educational Management

What is Educational Management ?

As industry and technology evolve, so does the education scenario, which has to redefine and refocus to meet the demand of our changing times. The pace of liberalization, privatization and globlization is remarkable and has tremendously influenced various dimensions of the management of Education. Educational managers need to keep abreast of new developments in order to maximize their resources and determine the most appropriate management strategy for their institution. The programme of Educational Management combines a broad understanding of the enterprise of education with an introduction to the most successful practices of campus management. It is also a preparation for leadership at any kind of school, college or university and for all major positions – in budget and resource allocation, student affairs, organizational change, etc.

What do I have to do ?

Educational leadership and management professionals have to play an important role in translating aims of education into action. Executives and heads of institutions, schools and colleges are involved in the function of decision-making. The Management and the Principals...

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Knowledge Management

What is Knowledge Management ?

We live in a post-industrial society where knowledge is being increasingly recognized as a primary source of wealth. Today, economies that can efficiently exploit their knowledge resources are increasingly doing better than those that have abundant natural resources but lack in such skills.

Thus, Knowledge Management is the process through which organizations generate value from their intellectual and knowledge-based assets. While Knowledge Management is often facilitated by IT, technology by itself is not Knowledge Management.

A Knowledge Manager takes the key responsibility of facilitating the ongoing process of knowledge sharing and knowledge renewal for facilitating innovative thinking and creativity while also optimising efficiency.

Human skills, intuition, and wisdom are fast becoming the most precious corporate resource. Knowledge managers seek to disperse those assets throughout the company and spin them into innovations. As we transition from an era of information scarcity to information glut, there is need for re-focusing on processes underlying decisions, choices, and performance. In increasingly uncertain and complex business environments dynamically evolving performance outcomes are the key drivers of how...

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Environment Management

What is Environment Management ?

Xerox Corporation posed a problem with the huge amount of waste they generated from plastic and paper. With the help of environment management consultancy, Xerox implemented a plastic recycling program. High grade plastic panels from returned Xerox products are collected, sorted, disassembled and ground for reprocessing. The plastic is then used to manufacture Xerox products or is sold on the open market. The programme has already diverted 250 tons of plastic from a landfill and 500 tons diverted with $100,000 in savings to Xerox. Site recycling programmes, including the conversion of solid waste to useable energy through incineration, saved Xerox over $12 million in 1995.

 

The environment is no longer just the air we breath, or the world we live in, it has become a requirement for businesses to address the environment in order to maintain customers, and exist in an ever more critical global economy.

Environmental management systems can assist an organisation to meet its increasingly heavy burden of responsibility for the future condition of our world environment...

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Portfolio Management

What is Portfolio Management ?

The up’s and down’s in the capital market have always been of great concern to investors who have exposure to the stock market. Factors such as economic development, overall growth of the industries, political situation the country is passing through, war and weather conditions have always influenced the price fluctuations in the stock market. The common problems faced by every investor in the stock market is to ascertain the profit/loss on their investment due to the fluctuations mentioned above. The desire to grow money is a natural instinct. But as simple as the desire is, the process to do so is just as complex. Growing money depends on the natural instinct and experience of a financial master.

Finding the time to manage investments effectively and keep up with everything that is going on in the world of investing can be difficult in today’s fast-moving markets.

The term asset management is often used to refer to the investment management of collective investments, whilst the more generic fund management...

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Destination Management

What is Destination Management ?

If you and your family wish go for a private picnic on a mountain top, or an African safari, or a customised group tour to Europe or a group of naturalists want to visit the Great Barrier Reef… your trip will be planned and executed to perfection by a Destination Manager.

Finding your way through the maze of possibilities can be daunting and confusing. This is where a Destination Management Company can be very useful.

Destination Management Companies specialize in the organization and logistics of destination events by finding the perfect venues and suppliers to suit your vision and travel / transportation needs. The keyword is “customized”. No matter what the event or occasion, Destination Management Companies will always find creative and tailor-made solutions.

Besides organizing company meetings, company incentives and events, and destination weddings, Destination Managers can arrange venues for your events. Other special services include catering, dinners and entertainment. If you wish, a Destination Manager will even make hotel selections / reservations, arrange transportation to and from the...

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Construction & Infrastructure Management

What is Construction and Infrastructure Management ?

Streets, highways, and sidewalks; public transportation; street lighting and traffic control systems; potable water supply; wastewater and drainage, parks, recreation facilities, and public open spaces; communications systems; public buildings; solid waste handling and disposal; etc. If all these facilities and systems interest you, then construction and infrastructure management is the field for you.

Infrastructure Management deals with the processes necessary for the planning and development of new infrastructures in a cost-effective manner, and in maintaining and operating mature infrastructures for sustainability. It includes infrastructure planning, infrastructure economics, condition assessment and procedures, infrastructure management systems, optimal maintenance management, reliability of infrastructure systems, asset valuation and utilization, and infrastructure planning under risk and uncertainty.

The Construction and Infrastructure Management course prepares students to become effective managers and decision-makers familiar with modern techniques of construction management, and infrastructure management.

Research areas in Construction and Infrastructure Management revolve around the use of systems models in construction, planning and control, system dynamics modeling and simulation for learning, information technology, automated techniques for...

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Design Management

What is Design Management ?

It’s now well understood that good design is good business. Design management involves managing design teams in creative industries and the application of a wide range of professional skills to co-ordinate and optimise the design process, with the aim of ensuring that the delivery of a project exceeds a clients’ expectations. It is an essential element of all projects, and of particular significance on complex, multi-disciplinary projects which involve a fully integrated design and engineering service.

Thus, Design Management is all about making design-relevant decisions in a market and customer-oriented way as well as optimising design-relevant commercial processes. Design managers are the vital link between management and design as well as technology, design, marketing and sales. If you’re interested in managing the design process and working with both designers and clients, then this is the course for you.

What do I have to do ?

Design management is effective from project initiation right through to completion. The work includes advising on scope, procurement strategy...

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Disaster Management

What is Disaster Management ?

Floods in Mumbai, Hurricanes Katrina and Rita, the devastating Tsunami in South East Asia, and the recent earthquake in South Asia have caused over a hundred thousand deaths in countries across the world. Disasters such as these are occurring with greater frequency necessitating the need for a proper disaster management policy and strategy to deal effectively with them and minimize the damage caused.

Disasters are either natural, such as floods, droughts, cyclones, and earthquakes, or man made such as riots, conflicts, refugee situations, and others like fire, epidemics, industrial accidents, and environmental fallouts. Often, the difference between them is marginal. Globally, natural disasters account for nearly 80 per cent of all disaster-affected people.

The 15th World Conference on Disaster Management held in June 2005 brought together experts from across the globe in order to listen and learn, plan and prepare, educate and exchange views on the lessons to be learned from all disciplines of disaster and emergency management. Following the tsunami of 26 December 2004, a Ministerial Committee and Task Force were set up by...

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Event Management

What is Event Management ?

The glamorous 50th Filmfare awards, Lakme Fashion week, Enrique Iglesias’ music concert, Indian idol talent search …. every year there are hundreds of such events – concerts, sports, games, fashion shows, exhibitions, product launches etc. Planning a great event like these involves a lot of steps: conceptualising, planning, organizing and finally executing the event. To keep everything on track, event managers assume responsibility for event planning through seamless logistical coordination and flawless execution.

Event management is closely related to advertising and marketing because many events can have advertising and brand building as objectives. Event management companies provide a turn-key outsourced solution. They handle the creation, sponsorship acquisition, marketing/branding, team selection/registration, public relations, media buying/placement, television production/ planning/ distribution, and event budgeting and coordination of your next event.

 

Personality traits

An event manager must be highly creative, full of novel ideas, resourceful, possess organizational skills, enjoy interacting with people, and be willing to work long hours to experience the thrill of achievement, is ideally suited for this field...

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Fashion Management

What is Fashion Management ?

You’ve always been visual, seeing the world. You can’t pass a store display without thinking of 10 ways to improve it. As a professionals in fashion management, you go behind the scenes and beyond to drive the industry. You set the trends and sell the goods. You have an eye for style alongwith good business sense. You combine personal style, industry knowledge and merchandising expertise with communication skills and corporate finesse.

Floriane de Saint Pierre, a Paris-based head hunter whose clients include Gucci Group, says fashion managers are hard to find because the job is paradoxical. “If management is a science that can be taught, fashion is about culture, you need to have absorbed all the theory yet have totally surpassed it. Fashion management is about driving a brand with fast-changing products, yet it is also long-term artist management. Managers must be big-picture visionaries yet obsessed by detail. They need to be rational, tenacious, decisive leaders, yet also passionate moderators and not egoists.”

Fashion Management has three aspects – design, production...

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Fashion Retailing

What is Fashion Retailing?

What is in? What is the latest? Are the customers open to this new cut? Would the buyers prefer straight cuts or drapes? Is the fashion industry all about cuts and drapes and labels and brands? NO! Gone are the days when fashion was limited to designer labels and prêt lines as now it is an honest attempt to interact with customers to find out their expectations and desires regarding fashion.

India’s fashion industry is still in its infancy but there is a growing awareness among retailers and marketers. The recently held seminar on fashion retailing, hosted by Images Fashion Forum (IFF) in Mumbai, attended by high-profile retailers, marketers and fashion pundits among others, focused on changing consumer responses regarding fashion.

Though the fashion industry is basically a creative one and success in this field is dependent on inherent qualities of creativity and formal training, however, the area of merchandising requires specialized skills that can be acquired through professional training. Fashion retailing is a combination of a creative mind, management skills, market research...

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Human Resource Development

What is Human Resource Development ?

Creating, sharing, breaking new ground, knowledge .. building human capital. The aim of Human Resource Development (HRD) is to enhance expertise and values for organizations, their effectiveness and well-being of people. It relates to management and human resources and advocates the “best practices” in these areas. HRD is the integrated use of training and development, career development, and organization development to improve individual effectiveness.

There is a difference between HRM (a major management activity) and HRD (Human Resource Development, a profession). HRM can be included in HRD as HRD encompasses the broader range of activities, eg, career development, training, organization development, etc. A comprehensive human resource system provides managers with a framework and tools to achieve higher levels of staff performance and employee satisfaction on a systematic and sustainable basis.

What do I have to do ?

HRD incorporates the process of changing an organisation, through planned learning and training so they possess the knowledge and skills needed in the future. The basics of...

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International Business

What is International Business ?

“I love the world of business.  It provides challenges and opportunities for those of us who want to reach out. More and more, business is international, not domestic; the context is the world, not our particular part of it,” says a leading professional in the field of International Business.

International Business professionals work with businesses, governments, international agencies and other stakeholders to create new partnerships that help both business and communities to flourish.

In a globalised economy, social issues are business issues. And in today’s world, poverty, inequality and environmental degradation cannot be tackled without the full participation of business.  Thus the objective is to promote an open system of world trade, finance and investment in which business can flourish and contribute to economic growth, human welfare and protection of the environment.

What do I have to do ?

International Business organisations promote responsible business leadership and partnerships for sustainable international development .
Leading companies increasingly recognize...

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Management- IT / Systems

What is Management- IT / Systems?

Management of Information Systems integrates people, technologies, and procedures (the information system) effectively and optimally to solve business problems. It is a combination of two branches of study, information technology and management. It is not a theoretical sudy of computer science but is the application of management techniques in the computer related environment. Management information systems emphasize the collection, organization, analysis and dissemination of information for the planning and control of business or organizational operations.

The programme develops technical skills and administrative insights required for the design, development, implementation, maintenance and management of organizational information systems. The bottom line of the systems management approach to IT and Systems is total quality assurance through process-related improvements in the entire organization.

What do I have to do ?

Professionals in this field are trained to build information systems for the present and the future. They handle the complex problems of building bridges between computer science professionals, who have technical orientation and  management professionals, who...

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Media Management

What is Media Management ?

If there is a story to tell, a fact to correct, a message to communicate, an image to project or protect, or an event to cover then media managers have the knowledge, capability and experience to achieve this with style. The media, in all its forms, is the method by which events reach mass audiences and sponsors communicate their messages. It is, therefore, one of the most critical components of marketing. The media industries are dominated by a number of large conglomerates whose interests and activities cut across many individual market segments such as publishing, audiovisual (TV and radio), film, sound recordings, and the Internet.

Modern media management is about applying the same skills, disciplines and practices, which are accepted as ‘best practice’ in industry and commerce, to the business of communications with and through the media. The activities range from the basics of establishing and running a press office for an event or sponsor, to the complexities of international media rights and the design and delivery of facilities and operations for a global circumnavigation event (travel all...

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Pharmaceutical Product Management

What is Pharmaceutical product management ?

Betamethasone, Erythromycinbase, Cefpiramide, Lactobacillus Brevis Cd2, Lovastatin Ep, Amoxicillin & Clavulanate Potassium, Methotrexate …..
Pharmaceutical products such as these are available for different health problems such as cardiovascular disease, cancer, blood pressure, asthma, diabetes, cholesterol, neurological disorders etc. The manufactured products include bulk drugs, formulations and other healthcare products. Several companies are also developing new drugs and formulations.

Globalization of products is witnessing a major revolution in the Pharma industry. Professional manpower is needed in the areas of product profiling, product positioning, product improvement and product promotion as this can significantly improve the pharma business.

Research and development groups alone can no longer drive the value of a new product. Sales and marketing teams, have always had a role in a product’s success. Considering the financial impact of today’s brands, senior executives of every pharmaceutical company analyze its marketing, sales, and investment implications.

What do I have to do ?

Pharmaceutical product managers coordinate...

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Port Management

What is Port Management ?

Imagine a busy seaport terminal. Container ships are carrying steel, automobiles, computer products, food items, and apparel. Several cranes lift the heavy containers into the ship. The logistics are important. There are about 10 loading bays. Seaport workers load the vessel and maintain tight control over inventories and scan individual containers for radiation, ensuring that no unauthorized material leaves the docks.

Ports are the conduits for trade and are vital in any nation that depends on shipping for importing and exporting cargoes and passengers. To the uninitiated, ports may appear to be old fashioned institutions of a bygone era, whereas they are dynamic facilities constantly seeking to meet the changing demands in world trade. Managing ports today is a highly complex business and involves a wide range of skills including material handling; road transport; storage; safe ship operations; health and safety as well as the immense responsibility for the protection of the local environment.

The core modules of Port Management are designed to lead the aspiring manager into the essential management skills required today for meeting...

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Production Management

What is Production Management ?

Production management is about the way organizations produce goods and services. Everything you wear, eat, sit on, use, or read comes to you courtesy the production managers who organized its production. Every book you borrow from the library, every treatment you receive at the hospital, everything you buy in the shops – all have been produced.

Production management is the job of coordinating and controlling all the activities required to make a product. It refers to application of management functions to the Production in the factory.

Production systems play a very important role in achieving organizational excellence. Lack of proper planning, co-ordination and control often affects the capabilities of these systems leading to many undesirable situations forcing many organizations to become less competitive. A number of organizations worldwide have achieved and sustained excellence by effective production management. 

 

What do I have to do ?

Production management entails planning, implementation, and control of industrial production processes to ensure smooth and efficient operation. Production...

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Real Estate

What is Real Estate ?

Planning to invest in real estate (land or property) ? Are you looking for local real estate market information?   Whether bought, sold, rented or owned for commercial or residential purposes, it requires tremendous planning, research and strategy. When you plan to buy a house or property, you need to know the most reliable real estate agent to guide you, the best company for home finance and insurance, a reliable company to build the house of your dreams, efficient professionals to design your home, superior quality furniture, and sites to give you landscaping and gardening ideas. Apart from this, you need to know how you can safeguard your home. 

What do I have to do ?

Real Estate agents provide services for buying and selling properties, sale-purchase of residential and commercial plots, villas, flats, offices, shops, etc. They also develop properties after entering into collaboration agreements with the owners of property and deal with registration of property, transfer of properties, etc. They cater to all their clients’ requirements in residential and commercial property dealings...

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Retail Management

What is Retail Management ?

Gone are the days when you had to run from one shop to other to buy your daily groceries, clothes, cosmetics, toys for your children etc. Now that hyper malls and supermarkets are here, shopping has become an experience. Today, under one roof, you can find everything you want and in a very short period of time. It is the retail industry that distributes a wide range of merchandise and services directly to the consumer through establishments such as supermarkets, department stores, banks, insurance companies, specialty stores and e-merchants.

Retail management explores channels of retail services distribution including department, specialty, discount, catalog, Internet and independent stores within the retail industry. In the coming years, it will expand exponentially in sectors like agriculture, IT, textile and tourism. With the boom in the retail industry, the demand for professionals for this industry has also gone up.

What do I have to do ?

Retail managers are responsible for one or more parts of a retail operation including buying...

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Rural Management

What is Rural Management ?

“If you want to work in an area where opportunities are tremendous and you are willing to take a few risks, the field of rural management and development has a lot of potential. Many engineers have been focussing their expertise in developing technologies for rural areas”, says Professor Krithi Ramamritham at IIT Powai, Mumbai.

Rural Management opens doors to an exciting career in a dynamic and vital industry. This programme trains students to qualify as rural facilitators of the process in which the villagers themselves become effective managers of their own resources. It is just the right career for those who wish to undertake challenging managerial responsibilities in the rural and cooperative sectors as well as in development organisations. The present turnout of rural managers falls short of demand since many join the private sector. Thus there is vast scope of employment in this field.

What do I have to do ?

The course prepares you to manage projects and enterprises, implement development programmes, and...

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Sports Management

What is Sports Management ?

Does sport seem to be a main focus and interest in your life? Do you receive a great sense of fun, enjoyment or fulfilment when involved with sports in some way? When you read the morning newspaper, do you go right away to the sports section? When you watch TV, do you tend to watch sporting events ? Are you interested in business and management and would like to apply it to sports? Does the thought of working in or around sports as a career really appeal to you?

If you answered “yes” to all of the above questions, Sports Management may be the right career path for you!

The sport and leisure industry is one of the top industries today and generates a lot of revenue.  Sports management, as a profession and academic discipline, now includes a broad spectrum of career paths and physical activities that range from professional sports, college athletics, recreational sports, health clubs and fitness centers, sports facility management, sport governing bodies to sport marketing firms.

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Supply Chain Management / Logistics

What is Supply Chain Management ?

Its 11:30 in the morning, a call is given to the Compaq office for a PC requirement by 2:30 in the afternoon-  a brand new Compaq PC set arrives at your place! This is the new age where focus is transformed from customer satisfaction to customer wow. To survive in this competitive market place every organisation has to introduce a new concept that facilitates the proper flow of information and services from the production end to the user end. This is called Supply Chain Management.

 

A supply chain is a network of facilities and distribution options that performs the functions of procurement of materials, transformation of these materials into intermediate and finished products, and the distribution of these finished products to customers. Supply chains exist in both service and manufacturing organizations, although the complexity of the chain may vary greatly from industry to industry and firm to firm.

It is an understanding of the fundamental principles of retail supply-chain management and collaborative commerce which  helps retailers enhance the value they derive from the supply chain.

Supply Chain Management (SCM) is the timely management...

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