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Archive for December, 2007



360-Degree Appraisal

In an earlier article, where the 360 degree appraisal has been mentioned in an emerging market (India), append below some details on this methodology:
What really is 360-degree feedback:

Is an assessment process used to improve managerial effectiveness by providing the manager with a more complete assessment of their effectiveness, and their performance and development needs.

Process […]

There are still some senior management who fail to understand the true impact of high labor turnover. To them, the notion is that as long as the firm is still profitable and with money it can bring in people-people can COME IN and people GO OUT which doesn’t mean much to the organization. They failed […]

Succession planning is a crucial process that is worth looking into. This is particularly so where people is considered to be “human capital” to an organization. Succession plans normally cover both short- and longer-term successors for key jobs, and development plans for these successors. It is therefore not a one time process which therefore should […]

We can generally differentiate two sources of financing which are:

INTERNAL SOURCES

Traditionally, the major sources of finance for a limited company were internal sources:

Retained profit
Working capital
Sale of assets

EXTERNAL SOURCES

Ownership Capital

Owners’ refers to those people/institutions who are shareholders. Sole traders and partnerships […]

Company ABC mixes 2 materials, Material A and Material B in its production process. The following data is provided:
Standard:
Proportion:60% Material A
40% Material B
 

Yield: 90%
[…]



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