Project management as a science and art is undergoing key transformations as a result of countless stories of failed projects, cost overruns, and canceling that project that took 2 years of your employee's lives. Needless to say, these scenarios not only cost money, time, and lost opportunities, but also have a longer term impact on the overall morale of a workforce.Though there is no panacea to these inevitable outcomes, it's important...more
People work and save a part of their salaries. They try to make more money out of their savings. Some of them try to achieve more: They want make a fortune and change their life. How can you make a fortune out of your money?With a New Business IdeaThe most promising way is to develop a new business idea. Young scientists or professionals detect a problem. They do a lot of research in order to find a solution. They develop a new product or...more
In the current globalized world of business, Presentations have become an intrinsic part. Not a day goes without making a Presentation to the CEO or the Chairman, or the Angel Investor, or banker, or any one else for that matter, for clinching a deal, or for raising a fund or a loan, or what have you. Presentations need not be such an awesome task if you learn to apply the basics.The main elements of a Presentation are preparation and practice. In order to make the right preparation you have to first define the purpose of your Presentation. You have to be clear about the objective of your exercise at every point of your Presentation. You will then have to decide the main message you wish to convey, the kind of audience and the best and appropriate mode to reach the audience. The duration of your Presentation, the settings and facilities available at the venue are other factors that play a definite role for make a scintillating Presentation.By far the most important aspect of Presentation is maintaining eye contact throughout your Presentation, for only then you will be able to strike a rapport and keep them riveted on what you say. Having a positive and genial approach,...more
Not just students, just about everyone invariably have to take down notes at some point or the other. The conventional method of writing is the linear way, where every point is faithfully written in full sentences, taking care of meaning, syntax and commas, etc. This does not help us in effective note taking as we struggle to keep pace with the...more
The inevitable part of life is problems. Whether small or big, there are always myriad problems demanding our attention and action at every step of our waking life. There are different methods to overcome the different hurdles that we encounter in various areas of our life. One such time worn practice to understanding our problem and dealing...more
Project Planning is an inevitable process for handling any project, be it small or big. Successful and timely execution of a project is vital to any project. Hence proper Project Planning is indispensable. The elements of Project Planning will involve estimating time for different segments of work, time planning for various layers of tasks, monitoring and supervising, separating the most important from the less important ones, meeting the deadline, being ready for any unexpected situations or contingencies, taking remedial action so the situation does not get out of hand and effectively managing people. All these calls for a minute and intricate mapping of details, so you don’t miss any, as the price you have to pay for any wrong move will be rather heavy.In such a vast range of work that covers a whole gamut of services, Mind Mapping can help you greatly. It can be a highly useful tool for plotting your way to the minutest details of work and execution. You can use Mind Maps to record the different scales of job involved. You can start from the basic to the final stages of Project Planning by letting your thoughts have a free rein on the main project. Breaking them...more
An important aspect of leadership is having the ability to choose the right people for the right job. This is a vital role that leaders will invariably be called upon to perform. In any team sport, a great deal of time is spent in picking the right...more
Mind Mapping, if you are not aware, primarily uses non-linear methods and leans heavily on association and links. These very features of Mind Mapping lend the technique a great deal of power and simplicity, and the resourcefulness of the technique...more
Lets look at an earning pattern of two individuals A and B. A earns his 100% income from Source1, his only source. B earns in a slightly different pattern. He earns just 1% income from Source1, 1% income from Source2, 1% income from Source3 and so...more
When you purchase a house or a vehicle these are some of the biggest investments you may encounter, so make sure you have some skills and information in regards to negotiating a good deal for yourself. When purchasing a vehicle there are several...more
Celebrities and high-ranking political officials make aconcerted effort to craft their reputation shouldn't you?Everything from the way they dress, to the words that theyuse, the things they do, the places they are seen, and thepeople they...more
There are many myths associated with the culture of selling. The social sciences characterize a myth as a story or theme that embodies a particular idea or aspect of a culture.Here's the "story" on which Sales Myth #14 is based:An enthusiastic...more