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	<title>Company Weblog &#187; Business Management</title>
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		<title>When Your Company is the Target of Extortion</title>
		<link>http://www.companycentral.info/blog/when-your-company-is-the-target-of-extortion/</link>
		<comments>http://www.companycentral.info/blog/when-your-company-is-the-target-of-extortion/#comments</comments>
		<pubDate>Sat, 03 Jul 2010 07:08:47 +0000</pubDate>
		<dc:creator>David Miller</dc:creator>
				<category><![CDATA[Business Management]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Extortion]]></category>
		<category><![CDATA[Management]]></category>

		<guid isPermaLink="false">http://www.companycentral.info/blog/?p=54</guid>
		<description><![CDATA[You might think it&#8217;s the stuff movies are made of: bomb threats, product tampering, sabotage, and kidnapping. You might think it will never happen to you because you&#8217;re a small, relatively obscure company, but that could actually be what makes you an attractive target to an extortionist. Being a victim of extortion or threats is [...]]]></description>
			<content:encoded><![CDATA[<p>You might think it&#8217;s the stuff movies are made of: bomb threats, product tampering, sabotage, and kidnapping. You might think it will never happen to you because you&#8217;re a small, relatively obscure company, but that could actually be what makes you an attractive target to an extortionist.</p>
<p>Being a victim of extortion or threats is not a factor of size, and it&#8217;s not always connected to a perception of wealth. You can become a victim for many reasons. A small company might be an easier target than a large multinational, because the large companies are often perceived as having a very significant security force in place. And whereas a large company might be able to weather the costs stemming from a kidnapping or product recall and negative press campaign, for a smaller company, the damage could be irreparable, which makes them more likely to give in to the threat.</p>
<p>The first step in protecting your company from various forms of corporate terrorism is to understand that it can, indeed, happen to you. The source will likely be one of five types of perpetrators:</p>
<p>- Disgruntled employees, either current or former, or someone else with a grudge against you or the company;</p>
<p>- Criminals who are looking primarily for financial gain;</p>
<p>- Psychotic or mentally ill individuals;</p>
<p>- Terrorists; and</p>
<p>- Hoaksters.</p>
<p>Possible scenarios include an unhappy employee who threatens to release company secrets or plant a virus in your computer if you don&#8217;t take certain described actions; threats from a stranger or a fanatic to injure people or damage property if a ransom is not paid; actual or threats of product tampering; and threats to generate negative publicity if the company fails to take specific actions.</p>
<p>The next step is to develop a crisis management plan. Though you certainly can&#8217;t plan for all contingencies, think in advance about what steps you will take so you can react calmly and with a sense of purpose to resolve a situation. Decide who will be in charge of what, and plan for communicating with law enforcement, the media, your customers, and your employees. A good way to develop a plan is to meet with a crisis management consultant before anything happens; establishing such a relationship in advance may cost a small amount of time and money, but it will be invaluable if a real need arises.</p>
<p>Consider, too, how you will handle the costs associated with an incident. Some of the expenses may be covered under your regular business insurance, or you may want to investigate special policies. For example, some insurance companies offer kidnap and extortion and product tampering insurance.</p>
<p>The companies that survive extortion threats are usually the ones that were prepared for the &#8220;attack&#8221; well before it happened and were able to quickly and efficiently implement a crisis management plan.</p>
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		<title>Manage Your Business Better With Business Software</title>
		<link>http://www.companycentral.info/blog/manage-your-business-better-with-business-software/</link>
		<comments>http://www.companycentral.info/blog/manage-your-business-better-with-business-software/#comments</comments>
		<pubDate>Tue, 19 Jan 2010 04:55:20 +0000</pubDate>
		<dc:creator>Calypso</dc:creator>
				<category><![CDATA[Business Management]]></category>
		<category><![CDATA[Business Software]]></category>
		<category><![CDATA[Global Economy]]></category>

		<guid isPermaLink="false">http://www.companycentral.info/blog/?p=51</guid>
		<description><![CDATA[In this fast paced world of global economy, the traditional business today has turned into e-business. E-business includes all the e-type business transactions like e-mail, e-retail, e-selling, e-purchasing etc. Even the place of business consultants are taken by the business softwares. Business softwares allow dealing with the business related problems. If you are facing problem [...]]]></description>
			<content:encoded><![CDATA[<p>In this fast paced world of global economy, the traditional business today has turned into e-business. E-business includes all the e-type business transactions like e-mail, e-retail, e-selling, e-purchasing etc. Even the place of business consultants are taken by the business softwares. Business softwares allow dealing with the business related problems. If you are facing problem in the smooth running of your business then come and check this article to take some hints on how to handle it with business software.</p>
<p>Business software is a type of software program that assists in enhancing the productivity of the business and then measuring it. Business software has a wide array of application area. Business software varies with the variation of the size and shape of the business. Businesses can be categorized as small, medium and large. The small businesses use business software that consists of accounting software and Microsoft office and Open office software. The medium size business has a wider range of business software application. It ranges from accounting software, groupware, customer relationship management, human resource software, shopping cart software, loan originating software, field service software and other software that can increase the productivity.</p>
<p>The last segment, that is, larger business needs enterprise level of business software. These include resource planning software for the enterprise and the Enterprise Content Management (ECM), business process management and product life cycle management.</p>
<p>Let me make you familiar with the different types of business software tools. These are the digital dashboard, OLAP, reporting software, data mining and business performance management. Digital dashboards are also referred as business intelligent dashboards, executive dashboards or enterprise dashboards. These are the business summaries that are pasteurized visually that give a better understanding of the business matrix.</p>
<p>OLAP or Online Analytical Processing is treated as the competence of an enterprise management system. It supports the decision making and executive information system. Reporting software produces the summative data to inform the current state of the business to the management. Data mining is the mining of the information about consumers from a vast database. This software allows isolating and identifying the previously unknown pattern in a large amount of data.</p>
<p>Like the other softwares, business softwares can be easily obtained either online or offline. But software downloading is always preferred online. The business software that can be downloaded free of cost are: accounting tools, application add-ins, card and label makers, document management tools, educational tools, enhanced calculators, FAX tools, financial calculators, imaging and OCR tools, inventory systems, misc. applications, misc. calculators, misc. financial tools, misc. phone tools, misc. office add-ins, pager tools, printer tools, standard calculators, stock and portfolio tools, time and </p>
<p>clock tools and many more. These business softwares are most commonly downloaded freeware business software. These are most commonly used tools in business.</p>
<p>The software industry is rapidly gaining momentum in creating its market wider and wider. Softwares are coming in use from business to even individual. </p>
<p>Softwares are changing the communication style. The invention of the new Business software is promising to play an initiative role in making an impact on the future with the dynamic business tools. Business software is promoting job creation, innovation and economic growth.</p>
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		<title>Business Management Principles</title>
		<link>http://www.companycentral.info/blog/business-management-principles/</link>
		<comments>http://www.companycentral.info/blog/business-management-principles/#comments</comments>
		<pubDate>Tue, 07 Jul 2009 07:17:58 +0000</pubDate>
		<dc:creator>Gregg Hall</dc:creator>
				<category><![CDATA[Business Management]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Competitors]]></category>
		<category><![CDATA[Management System]]></category>

		<guid isPermaLink="false">http://www.companycentral.info/blog/?p=48</guid>
		<description><![CDATA[In order for a business to be successful it is essential that it must have a management system capable of ensuring the business can achieve its goals and objectives. The ISO 9000 series of standards relate to Quality Management Systems however as businesses will tend to have one system, formalizing the system to focus solely [...]]]></description>
			<content:encoded><![CDATA[<p>In order for a business to be successful it is essential that it must have a management system capable of ensuring the business can achieve its goals and objectives. The ISO 9000 series of standards relate to Quality Management Systems however as businesses will tend to have one system, formalizing the system to focus solely on quality will have no real benefits to your business. Therefore, it will be necessary to move away from a system focusing wholly on quality, to a system that focuses on all the characteristics of your business.</p>
<p>The main reason your business is in existence is to highlight the requirements and expectations of your customers and other persons concerned (employees, suppliers etc) to accomplish an advantage over you competitors. In addition to this, another objective must be to gain, sustain and develop your businesses performance and resources. As a means to achieve improvements within your business you should ensure that your business employs the key principles that are fundamental to ISO 9001:2000, these are: Customer Focus, Involvement of People, Leadership, Process Approach, Factual Approach, System Approach, Continual Improvements, Mutually Beneficial Supplier Relationships.</p>
<p>Following the principles highlighted above ensures that your business focuses on what your customer actually requires and not what they think they require. In order for your business to move forward successfully it is essential that you run it in a methodical and well thought out manner that is highly perceptible. To achieve success from your business you must ensure that your business adopts a business management system which will ensure that continual improvement is constantly being driven by the management system. If your business is to develop and have a business management system that will allow growth and sustainability, you will have to ensure that you build a management system that is focused on your customers. </p>
<p>To achieve this objective your business management system must contain systems and processes that are easily understood by the individuals within your business. It is also crucial that these systems can be managed easily and improvements made if they are necessary without any detrimental affect on the day to day operation of your business. The processes within your management system must be capable of being measured to ensure they are performing as required. It does also mean that when setting these key performance indicators, intelligent thought is given to the areas that you are measuring. It is worth remembering that individuals are likely to improve in areas in which they are being measured.</p>
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		<title>Choosing A Mortgage Refinance Company</title>
		<link>http://www.companycentral.info/blog/choosing-a-mortgage-refinance-company/</link>
		<comments>http://www.companycentral.info/blog/choosing-a-mortgage-refinance-company/#comments</comments>
		<pubDate>Wed, 01 Apr 2009 09:20:12 +0000</pubDate>
		<dc:creator>Anna Jolia</dc:creator>
				<category><![CDATA[Business Management]]></category>
		<category><![CDATA[Company]]></category>
		<category><![CDATA[Mortgage Refinance]]></category>
		<category><![CDATA[Shopping]]></category>

		<guid isPermaLink="false">http://www.companycentral.info/blog/?p=42</guid>
		<description><![CDATA[In fact, choosing a mortgage refinance company means that you have a variety of options to choose from. Shopping around for a mortgage refinance company that offers the loan terms that you want is easier than ever. You can look online, or you can go in to a more “traditional” lender for your mortgage refinance. [...]]]></description>
			<content:encoded><![CDATA[<p>In fact, choosing a mortgage refinance company means that you have a variety of options to choose from. Shopping around for a mortgage refinance company that offers the loan terms that you want is easier than ever. You can look online, or you can go in to a more “traditional” lender for your mortgage refinance. Really, you have almost unlimited options when it comes to finding a mortgage refinance company that fits your needs.</p>
<p>Many companies have online operations, and there are even some mortgage refinance companies that operate almost entirely over the Internet. There are also “brokerages” of sorts available online that can help you find a mortgage refinance company that best fits your needs. These online brokerages take your information and then submit it to several mortgage companies. These companies then make offers, and you can choose the mortgage refinance company that offers the best terms.</p>
<p>Many people are still wary of looking for a mortgage refinance company online, and for good reason. There are many pitfalls to an online mortgage refinance. And many people prefer the face to face contact they get when they meet with mortgage refinance representatives in person. This can also be a good way to choose a good mortgage refinance company. You can get a better “feel” for the kind of company you are dealing with when you can go in. Plus you can evaluate each mortgage refinance company on things like service, personal attention, and willingness to help you get the loan you need.</p>
<p>What to look for in a mortgage refinance company. There are a few things you should look for when it comes to choosing a company to refinance your mortgage. You want to make sure that you are comfortable with your choice, and with the loan terms such as: Personal service, Individual planning, Honesty.</p>
<p>You want a mortgage refinance company that will pay attention to you personally, and get back to you in a timely manner. Your situation is different from someone else’s. Look for a mortgage refinance company that will work with your individual needs. It helps to find someone who can help you find the loan that is truly best for you. Find a mortgage refinance company that is more interested in helping than in earning a fat commission. </p>
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		<title>Asset Management and Your Business</title>
		<link>http://www.companycentral.info/blog/asset-management-and-your-business/</link>
		<comments>http://www.companycentral.info/blog/asset-management-and-your-business/#comments</comments>
		<pubDate>Thu, 25 Sep 2008 08:13:20 +0000</pubDate>
		<dc:creator>Kristy</dc:creator>
				<category><![CDATA[Business Management]]></category>

		<guid isPermaLink="false">http://www.companycentral.info/blog/?p=25</guid>
		<description><![CDATA[The purpose of it is to discipline the managing of your content to meet your business objectives. It is a combination of strategy and the process for aligning information, which is held by an organisation with the priorities of business. It is safe to say that it describes a standard accountancy process, which is based [...]]]></description>
			<content:encoded><![CDATA[<p>The purpose of it is to discipline the managing of your content to meet your business objectives. It is a combination of strategy and the process for aligning information, which is held by an organisation with the priorities of business. It is safe to say that it describes a standard accountancy process, which is based on maintaining details of assets that are above a certain value. It is the management of investments according to risk and return considerations but what is actually considered an &#8216;asset?&#8217; It is anything that owned by an individual or company that has a cash value such as physical goods, property and savings and investments. In a business sense assets include infrastructure, human resources, computers and any other piece of equipment that is needed to start up and run a successful business.</p>
<p>To assist businesses and organizations in asset management, much asset management software has been developed and is now available to assist you in all of your asset management needs. When you are choosing the particular asset management software appropriate for your organisation, quite a number of factors need to be considered such as the amount of equipment that your business has, the cost of the rental of a property and how much staff you have employed. As well as physical aspects of business such as the property; another common use of the phrase asset management when it comes to the financial services industry is the management of assets invested on behalf of a range of sectors including: collective investment schemes, pension funds and private banking or wealth management.</p>
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		<title>How To Find A Top Home Owner Insurance Company</title>
		<link>http://www.companycentral.info/blog/how-to-find-a-top-home-owner-insurance-company/</link>
		<comments>http://www.companycentral.info/blog/how-to-find-a-top-home-owner-insurance-company/#comments</comments>
		<pubDate>Tue, 03 Jun 2008 03:09:43 +0000</pubDate>
		<dc:creator>Morgan</dc:creator>
				<category><![CDATA[Business Management]]></category>

		<guid isPermaLink="false">http://www.companycentral.info/blog/?p=21</guid>
		<description><![CDATA[Begin by contacting your state’s department of insurance. The insurance department can provide you with a list of names and contact information of home owner insurance companies licensed to do business in your state. Once you know which companies to choose from, you can find their financial ratings. The ratings of home owner insurance companies [...]]]></description>
			<content:encoded><![CDATA[<p>Begin by contacting your state’s department of insurance. The <a href="http://www.manyinsurance.com/"><strong>insurance department</strong></a> can provide you with a list of names and contact information of home owner insurance companies licensed to do business in your state. Once you know which companies to choose from, you can find their financial ratings. The ratings of home owner insurance companies are provided by independent research companies. </p>
<p>Now that you have a list of home owner insurance companies licensed to sell insurance in your state, and are financially secure, it’s time to do some foot work. If you want to find the top home owner insurance company, start talking to your family members, friends, co-workers, and neighbors. Someone out of those groups of people will undoubtedly own a home, have a home owner’s insurance policy, and have a home owner insurance company they can recommend. If those companies match up with your state’s department of insurance, as well as boast high <a href="http://www.financialopen.com/"><strong>financial ratings</strong></a>, you’ve found yourself reputable home owner insurance companies.  Finally, contact these home owner insurance companies. Find out what they need in order to determine an insurance quote for your home, and then get the coverage options and price of the quote from your top home owner insurance company!</p>
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		<title>Home Based Business Asset Management</title>
		<link>http://www.companycentral.info/blog/home-based-business-asset-management/</link>
		<comments>http://www.companycentral.info/blog/home-based-business-asset-management/#comments</comments>
		<pubDate>Mon, 24 Mar 2008 07:34:54 +0000</pubDate>
		<dc:creator>Robbert Julie</dc:creator>
				<category><![CDATA[Business Management]]></category>

		<guid isPermaLink="false">http://www.companycentral.info/blog/?p=19</guid>
		<description><![CDATA[Home based business assets are the things that keeps the business going so all businessmen should realize that asset management is an important part of managing a dynamic and profitable home based business. There are two types of home based business assets that businessmen should look into, the first is the cash asset and the [...]]]></description>
			<content:encoded><![CDATA[<p>Home based business assets are the things that keeps the business going so all businessmen should realize that asset management is an important part of managing a dynamic and profitable home based business. There are two types of home based business assets that businessmen should look into, the first is the cash asset and the second is the physical asset.</p>
<p>Obviously, you need to manage your cash flow properly to sustain <a href="http://www.Keepbusiness.com" target="_blank">business operations</a>, pay your workers, and buy raw materials. However, cash assets are probably the most difficult kind of asset to manage because it you need to balance the lead time wherein your buyers would pay if they buy on credit and the time it takes for you to buy the raw material once again for production. </p>
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		<title>Management Tip: Basic Business Organization</title>
		<link>http://www.companycentral.info/blog/management-tip-basic-business-organization/</link>
		<comments>http://www.companycentral.info/blog/management-tip-basic-business-organization/#comments</comments>
		<pubDate>Tue, 22 Jan 2008 03:05:27 +0000</pubDate>
		<dc:creator>John Simson</dc:creator>
				<category><![CDATA[Business Management]]></category>

		<guid isPermaLink="false">http://www.companycentral.info/blog/?p=16</guid>
		<description><![CDATA[Now let&#8217;s look at this from the businesses perspective. Remember the solution needs to be advantageous for both the customer and the business. We call this a win-win scenario, and it is crucial to building successful long term relationships. From this perspective, the sales team&#8217;s goal is to get the customer to decide that they [...]]]></description>
			<content:encoded><![CDATA[<p> Now let&#8217;s look at this from the businesses perspective. Remember the solution needs to be advantageous for both the customer and the business. We call this a win-win scenario, and it is crucial to building successful long term relationships. From this perspective, the sales team&#8217;s goal is to get the customer to decide that they want to buy from this business. The goal is not a purchase; the goal is a decision in their minds that they want to make a purchase. It follows that the sales team needs to understand the value of your solutions, and where they fit in the marketplace. It is not critical that they understand every detail, but they had better know where to get the answers. The orders team&#8217;s goal is to get the purchase order. If the sales team has done its job, the customer already wants to buy. The orders team must sit down with the customer and understand the details of the problem they are trying to solve. They must then explain the available options, answer any questions, and work with the customer to find a mutually agreeable solution that helps both the customer and the business. A win-win philosophy is at the heart of all successful orders team.</p>
<p>From a <a href="http://www.Businesstradedirectory.com">business perspective</a>, the delivery team&#8217;s goal is to get the customer to pay for the solution. They do this by providing a quality solution that the customer accepts. Managing delivery can be very complex, but it is critical that this complexity is not transferred onto the customer. The customer wants a quality product or service, delivered on time, and on budget. How the details are handled is not their problem. They are not that interested in how you do it. They are interested in the end result. The delivery team must deliver the end result.</p>
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		<title>Why You Need To Know About Training and Sales Management?</title>
		<link>http://www.companycentral.info/blog/why-you-need-to-know-about-training-and-sales-management/</link>
		<comments>http://www.companycentral.info/blog/why-you-need-to-know-about-training-and-sales-management/#comments</comments>
		<pubDate>Wed, 12 Dec 2007 13:44:01 +0000</pubDate>
		<dc:creator>Helen</dc:creator>
				<category><![CDATA[Business Management]]></category>

		<guid isPermaLink="false">http://www.companycentral.info/blog/?p=14</guid>
		<description><![CDATA[There is much training material on sales management available to business owners. Training sales management members can be integral to running your company efficiently. The training material on sales management can not only help those whom you hire to fill those positions, but can also provide opportunities for you to understand these employees better. Training [...]]]></description>
			<content:encoded><![CDATA[<p>There is much training material on sales management available to business owners. Training sales management members can be integral to running your company efficiently. The training material on sales management can not only help those whom you hire to fill those positions, but can also provide opportunities for you to understand these employees better. Training sales management members can be tough, but when done correctly, will be the best time you ever spent with your staff.</p>
<p>Training sales management in a manner which coincides with your business philosophy is a dynamic way to assure the successes of your company.</p>
<p>Also one is encouraged to choose a training program which can be easily modified to fit the individual needs of your company as a whole.</p>
<p>Once this task is completed, it should be relatively easy material to work with when training sales management. The best thing to stress to those with whom you are working is the need to establish and practice good customer service with every contact that they make.</p>
<p>Employee self-worth is so important for many training styles. This encourages employers to help staff feel worthy and appreciated. Let everyone know you are happy to have them as part of your team.</p>
<p>Encourage the sharing of materials and ideas, and develop an environment where employees feel free to discuss things that are good and bad without fear of reprimand.</p>
<p>A well educated staff is the best thing you, as an employer, can give to not only your clients but also to your business.</p>
<p>Give your all when training your sales management team and you will certainly reap the positive benefits. With the large amounts of training material on sales management which is currently available, you cannot go wrong.</p>
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		<title>A Necessary Condition for Effective Management</title>
		<link>http://www.companycentral.info/blog/a-necessary-condition-for-effective-management/</link>
		<comments>http://www.companycentral.info/blog/a-necessary-condition-for-effective-management/#comments</comments>
		<pubDate>Wed, 21 Nov 2007 13:09:52 +0000</pubDate>
		<dc:creator>Noel</dc:creator>
				<category><![CDATA[Business Management]]></category>

		<guid isPermaLink="false">http://www.companycentral.info/blog/?p=13</guid>
		<description><![CDATA[You have a plum assignment for one of your three team members-a Caribbean trip to scout out property for a key client. Who gets it? A report is due by 9:00 in the morning-it&#8217;s complete except for the final section of the report. One person can easily add the section but it will require working [...]]]></description>
			<content:encoded><![CDATA[<p>You have a plum assignment for one of your three team members-a Caribbean trip to scout out property for a key client. Who gets it?</p>
<p>A report is due by 9:00 in the morning-it&#8217;s complete except for the final section of the report. One person can easily add the section but it will require working late. Who gets it?</p>
<p>How and who you choose for these tasks will determine how even-handed you are perceived. From the perspective of the employee, fairness is the most fundamental characteristic that a manager can possess. In a survey of health care human resource managers conducted by my colleagues and me, playing favorites ranked as the most frequently reported abuse by bullying managers. It easily beat out &#8220;threatening job loss, insulting, or putting-down employees,&#8221; characteristics most frequently associated with bullying managers.</p>
<p>When questioned, most employees judge the effectiveness of a manager first by passing sentence on the manager&#8217;s fairness. Managers may be extremely demanding and even ill tempered at times, but if they are perceived as fair, employees are likely to balance these negatives against the manager&#8217;s ability to distribute excessive demands and ill temper across all employees.</p>
<p>Why this concern with fairness? Even though we are not altogether successful, our society aspires to a merit-based distribution system. Most of us believe in Aristotle&#8217;s concept of proportional distributive justice. This simply means that we believe that the management contract implies that we are rewarded in proportion to the contributions we make. Most also take this as a core democratic value.</p>
<p>Cultural explanations may not be the whole story, however. Lionel Tiger and Robin Fox, The Imperial Animal, argue that desire for fairness is hard-wired into our psyche. Competing demands from our primate evolutionary past for dominance and from our group hunting evolutionary past for cooperation are resolved by giving all members of a group the equal chance to excel, that is to dominate. As they write</p>
<p>The ground rules of the political biogrammar becomes clear: organisms are unequal in their capacity for dominance; they strive to dominate one another; they should have a roughly equal chance to compete in this process.</p>
<p>Since we have evolved little since our group hunting period, it&#8217;s hard not to escape these fundamental feelings in the modern work environment. The requirement for an equal chance to compete is translated into feelings of unfairness when success in not a product of our efforts but of non-relevant factors, such as favoritism.</p>
<p>Some simple rules to keep in mind when assigning &#8220;special&#8221; work.</p>
<p>1. Make sure you know every employee&#8217;s workload you supervise.<br />
2. For assigning either choice or demanding tasks, select employees who can best accomplish them.<br />
3. Make sure you tell chosen employees why they were selected; and make sure all other employees know what your choice criteria were.<br />
4. When anyone can complete the task, use the &#8220;who&#8217;s next&#8221; rule, to assign tasks.<br />
5. Finally, be willing to carry out onerous tasks yourself with employees at least half of the time and do not be too quick to assign choice tasks to yourself.</p>
<p>The savvy manager is sensitive to appearances of favoritism. By following a few simple rules, the savvy manager can lay the groundwork for effective management. Although effective management is not assured by fairness, it is almost impossible without it.</p>
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