Sunday, February 12, 2012

What Agile Business Management Addresses By Willson Marks

Agile business management looks at how an individual or an organization adapts to its environment to deliver top performance in a given amount of time. The baseline of this theory expects that each organization or individual is engaged in several projects simultaneously in an organization or in collaboration with another organization.

Moreover, each project is interconnected with various other projects in some way that derives the total proposed value. Defined upon these assumptions, a management tool is mandatory to help organization adapt to the constraints and facilitate an organized way of recognizing the business' value.

The business environment today is much more complex, challenging and competitive. Everyone should know whether they wish to be an integrator or an expert. As a result, projects are separated into different parts and are consequently managed by a group of people. Moreover, many projects require hiring highly skilled individuals which adds another hierarchy of complexity.

Looking at the division of projects in an organization, the two major issues that need to be addressed are:

1. How can an employee in an intense work environment with many projects that are incorporated with other projects be able to program his/her own work duties?

2. How can a business owner, project manager, or coordinator manage his/her own projects or other parts of projects?

Both the above mentioned issues are addressed to ensure the delivery of top quality work and sufficient employee engagement in a continuously changing environment. All organizations and individuals, that are a part of this extremely complex system need a process to manage its tasks and offer their clients the following support:

- Cost estimate and time planning

- Flexible work planning

- Controlling

In order to devise the best possible solution, organizations/ individuals should be organized and adapt their tasks as per the continuously changing environment. The primary idea of agile business management is based upon the assumption of well organized structure that is in conformity with the present business environment. Implementing this will also ensure better employee engagement in the organization.

1. Remuneration and trust

One needs to create trust for easy access of knowledge.

2. Social engagement

Based upon the fundamental assumptions of trust, the organization should be connected to its environment. This is important for further growth of an organization, projects and employees.

3. Optimization

To help the system develop in the long run, an organization requires optimization. This phase is significant in optimizing the entire entity and the delivery of values.

4. Coordination and forecasting

This phase is responsible for the coordination of the network of connected projects and forecast of the availability of those behind.

5. Task completion

In this phase, the panel is responsible for acknowledging the results for the sprint. Each team member has a predefined calendar that shows available time period and the tasks list for individuals.
About this Author

My name is Wilson Marks live in Chicago, writing about business strategies and techniques is my passion specially agile business execution.

Document Management Software Is For ALL Businesses

Many owners and managers of small and mid-sized businesses think that digital document management solution is for larger corporations or enterprise sized businesses when in fact, small businesses around the world have begun to deploy document management software into their business operations because the costs have gone down drastically. It is no longer as expensive as it used to be for you to now manage your business documents electronically and have to deal with less paper files while your business runs optimally.

There is no doubt that people all over the world are seeing the benefits of running a paperless office with efficient business document management though a slight learning curve might be experienced depending on your employees' capability to use the computer systems and the brand of digital document solution being deployed. While some electronic document filing solution will be easier for employees to use than other brands, once your staff gets accustomed to filing and managing your business documents by using computer applications, it will soon be evident to you the height to which document management software will help your business attain through efficiency and optimum employee productivity. Here are some benefits a document management solution will help you achieve:

Easy filing and retrieval of your business documents. Filing your business documents digitally will help you maximize the processes involved with the retrieval and management of files greatly. For example, you could search for documents based on keywords or certain phrases and get your desired results within seconds, whereas such search could have taken hours before. Instant retrieval of documents is possible because when you scan and convert your business files, you can apply optical character recognition which will make it possible for your documents to be searchable based on text content so that searches based on keywords or phrases will return all relevant results to your search query instantly.

Reduced cost for paper management while increasing employee productivity: Since time is more valuable in this modern business age than ever, integrating business document management software in your business setup will help your employees to do more in as little time as possible and hence improve their capacity to concentrate more on tasks that matters most to the growth and profitability of your business. Once efficiency is achieved in running your business, it should save you on costs of doing business while also helping your business to grow in a way that could be difficult to calculate.

Electric document management will make your employees happier and satisfied with doing their work: Document management solution helps employees to speed up their work and employees that accomplish much more in a relatively little amount of time are bound to be happier doing their job. With more productivity and on-the-job improved performance, your team can earn more incentives linked to productivity and business growth and increase their job satisfaction and commitment to the goals of your business. Digital document management software is a win-win for all businesses and their employees.
About this Author

Author is Steve Breault, CEO of Vircosoft.
For more information on Document Management Software contact Steve at http://www.vircosoft.com


Is The Property Management Business For You? Mini Guide For Real Estate Investors - Part 1

This mini guide for real estate investors is written to help entrepreneurs like you with the mystery of property management career. The investment risks are higher when decisions are made without enough information. By now you know that you want to invest profitably in real estate or already started the process. All the motivation is coming from your desire for financial independence. I know that, because I am with you right on the very same goal.

Assume you have just purchased your investment property. It does not matter whether it is a 10--unit apartment building, a small office building or a single--family home. It is an attractive rental property and you are asking a fair market value rent.

You should have no problem attracting tenants and maintaining a high level of occupancy. What happens with the tenants once they move in is going to depend on you.

The problems with property management are not caused by the business itself, as much as by a lack of education. The property management is the most misunderstood parts of real estate investing. If you do not have good property management, then you will have high management costs, bad tenant relationships, high vacancies and that will be the end of your business.

You would consider these ideas in making your managing investment decision; I did it when I started:

   1. The money you save, by doing property management, may mean the difference between a positive or a negative cash flow for your rental business.
   2. Managing your own properties, at least in the beginning and learning the management business is something to consider. After you become familiar with the manager responsibilities and acquire more properties, you will be able to do a better job of managing professional managers.
   3. More management and investment resources are available at my website.

How I start my property management? I went to school to gain my knowledge before facing the real life competition. I start my property management from the bottom up. My previous experience with real estate renting was being a good tenant for about five years in two different places.

Eight years ago I passed the real estate agent state examination and I worked for two brokers and managed properties on the side to build experience. I got my associate broker license in real estate about four years ago.

We resettled in the U. S. A. coming from communist collapsing East Europe, in 1990. Our assets at that time were intangible, mechanical engineering education and big hopes.

We did not have this game of "getting rich with properties" in the socialist economies. Actually, it was forbidden to even think about owning properties. It took me five years to comprehend there is a less risky way of investing by using real estate properties and rentals.

For $50 and about one hour conversation with our previous property manager -- a very nice lady -- I was in business. The management fnrms I received helped me to build my forms and gave me enough confidence before the closing on my first apartment building. I was on my way, investing in real estate and managing my own properties for profit. This is how I started my property management career. Now, I appreciate a property management career or a job in property management a lot more.

I am not preaching here to manage your rentals yourself forever. For us, property management is part of getting the necessary life experience to succeed in this new country.

Dealing with people and their needs gets messy if you do not use a system. Qualifying the potential applicant over the telephone saves time and money. Renting real estate is the toughest part of the property management job. Here is how ly qualifying filter system is working:

The local newspaper classified ads bring most of my renting real estate applicants. I call them Potential Applicants (PA) before submitting the rental application. I give to potential applicants enough info in the newspaper, so they may drive by and talk with our tenants. The prospect applicant should come ready, wanting to rent the apartments from us, because we take good care of the tenants and the apartments.

This is what I want with my ads.

"My town, clean 1 bedroom apt. $500 plus deposit, utilities included, A/C, coin laundry available, 123 Main Street, (222) 333-4444"

They have the address for the location, that the utilities are free and my cell phone number. Here are examples of first conversations over the phone with the potential applicants (PA).

PA: Hello, is the apartment available? Me: Yes, when you want to move in? My name is Ernest. PA: Thanks, my name is Mary. It is for my son John; He is planning to move soon. Me: Sorry, is it a strong reason way your son can't call himself?

(My experience tells me I may stop here and deal with the real party later, the relatives or friends have a different agenda sometime. In reality, I continue giving information about renting.)

The son is calling me later.

PA: Where is this apartment located?

Me: At the corner of Main and Grand, next to the gas station, across the Seven Eleven. Look for apartment no.30. You can drive by and get from "Take One" box, an application with info printed the other side. PA: Do you accept pets?

Me: What do you have in mind as pet? (Reptiles, rodents, dangerous dogs, etc are not on my list, I ask because the applicant will talk and I can mind his/her personality).

PA: It was my aunt' cat and she is 10 years old, etc. Me: Yes, we accept a qualified cat with a "Pet agreement". The no refundable fee is $175. Do you have some pay stubs from your job? That will help us to check your employment; or

PA: No, I receive social security checks, I am on disability.

(To assume when renting real estate that all tenants on assistance or seniors will be bad is wrong. Some may get a co-signer.)

Me: Sorry we only take applications if the total monthly documented net income is 3 times the rent. The no refundable application fee is only $20 and we do a credit report request and pay a different company for that service. (Some applicants just gives up after this phrase.); or

PA: Yes I work two jobs: manager at Mac Donald and telephone marketing at night. My girlfriend is working as telephone marketer. Together we make $1400 a month.

(This is a border line situation, they may pay for a few months and something is happening and girl/boy friend is gone. He/she no longer qualifies by income requirements. In this cases if the vacancy is hurting me and I cannot wait for a better applicant, I might take them, but the lease will have a clause: "If he or she intends to leave any time, they both must leave at the same time"); or:

PA: Yes, I work part-time at "Printing Nice" and I am full-time student. It is my fist time out of home; my mom may co-sign the lease.

Me: OK, bring your mom when you want to see the apartment.

PA: We want to see it, Saturday morning at 12 noon, it is our time to look for apartments.(PA may put some pressure on you)

Me: OK, see you then, at apartment no.30 second floor, a sign "For Rent" is in the window/door.

The potential applicant interview is very important. You have to see face to face the potential applicant and their pet. Watch their car how clean is outside and inside and get an idea about how much that person care about personal staff.

My "good tenant" definition is: A good tenant is paying always on time, takes care of apartment, is friendly and comprehends "quiet enjoyment" words.

It is better for me to wait for the right applicant and do not rush to make a buck. Also, I discovered that the service to society, the humanity we share is coming after you take care of our business. Otherwise you will not be in this business for very long time.

My next article -- part 2 will be about "Evaluating the renting applications"

Three Basic Business Management Concepts

When managing a business, it's not only the staff and employees you have to deal with. There are other areas such as IT, document management and others that you need to consider. Below are general outlines that can be used in the specific areas that need to be managed. Business owners can apply these to make management easier.

Set Rules

Setting rules is important because it provides everyone a gridline on how things work. Rules are needed so a business can operate efficiently. Once you make the rules, you need to be consistent and follow them as basic protocol. However, you should not be too strict and provide some flexibility and exceptions. Not all events and conditions may be applicable to the regulations and rules. When making rules, they need to be fair and help keep the business in order. You have to get these rules straightened up and thought over carefully before implementing them.

Use technology

It is nearly impossible to run a business without the help of technology nowadays. Computers and the internet have helped small businesses become easier to manage with computer programs and Apps. You can even use a tablet computer or a laptop, which you can take anywhere with you, to do all the accounting work you have to do. Think about what IT tools you need to run the business. Assess if you need a specific person or team to work on IT alone, or can your staff just manage it by themselves. A good thing to consider though is to have someone in your team that has knowledge on IT so that if something ever happens to the system, he or she can check on it right away and you don't have to outsource an IT expert.

Delegating Work

This is probably one of the most difficult things to do when managing a business. The question asked here is "who gets what?" Everybody needs to have a part to play. This way, tasks are organized and everyone knows where to go if they need something. Roles need to be clear and straightforward. Employees need to know the task that they are assigned with early on so as not to cause confusion. Giving everyone a role will also help in group dynamics and team building, they feel that they are part of a bigger picture and what they do is important in keeping everything running smoothly. You and your employees will help each other out in keeping the business successful.
About this Author

Manage your business more effectively by seeking help from the experts at SquadHelp. With a community of entrepreneurs and managers, learn how you can make your business thrive with some direction.


Get a Travel and Tourism Business Management Diploma in 46 Weeks

If you love travelling, and you have an aptitude for business, why not combine both and break into the world of tourism business management? All you'll need to do is enroll in a diploma program.

Designed to give students all the knowledge they need to be successful in the travel industry, tourism business management diplomas are comprehensive, but also relatively short. Most programs are approximately 1,000 hours in duration, spread over 46 weeks. This means that students can look forward to graduating and entering the work world in less than a year.

Not surprisingly, tourism management courses focus on the business aspect of the travel industry, and graduates complete their studies with a strong understanding of the economics of the travel world. Courses typically cover the following topics:

· Introduction to travel and tourism

· Accommodations basics

· Introduction to ground transportation

· Marine transportation basics

· Organizing tours

· Managing client bookings

· Understanding the airline industry

· Basics of airline fare structures

· Total client management 101

· Learning professional selling skills

· Designing group travel

· Marketing in the tourism business

· Tour guiding

· Business communications essentials

In addition to these courses, students are also exposed to the technology systems that are an integral part of tourism management, such as:

· Apollo "Live" GDS: the system used to manage flight, car, and hotel reservations

· SABRE: the system used to manage airline reservations

Instructors at most tourism business management schools have years of experience in the field. Since the classroom environment is very open, students have the opportunity to ask any question of their instructor in order to further their knowledge of the leisure and tourism field. Many schools also offer students a practicum. This part of the program is 160 hours of hands-on training in an actual tourism management environment. This allows students to apply their knowledge in a real-life setting, and in that way, learn more about their chosen career path.

Before you choose a tourism management school, do your homework. Ideally, your school should be an International Air Transport Association's (IATA) authorized training centre (ATC). It should also have an endorsement by the Canadian Institute of Travel Counselors (CITC). Finally, it should offer a curriculum based on the Canadian Tourism Human Resource Council of Canada's national occupational standards. In addition to this, you should research the school in order to find out what kind of reputation it has, and what employment help it provides to recent graduates. It's also a smart idea to visit an open house to see the campus and talk with teachers in order to get a feel for the school's philosophy.

If you love tourism, and you want to combine that with business, consider enrolling in a tourism business management school. It may be the best move for your career.
About this Author

Contact the Canadian Tourism College (CTC) for more information on their tourism business management program.

Percey Evans is a freelance writer who works for Higher Education Marketing, a leading Web marketing firm specializing in Google Analytics, Education Lead Generation, Search Engine Optimization (SEO), Mobile SMS Alerts, Social Media Marketing and Pay Per Click Marketing, among other Web marketing services and tools.

Corporate Event Management for Business

For many organizations, events have been used for a long time as a vital communications tool to get their messages across. Be the message internal or external, the range and variety of mechanics used has been as broad as imagination itself.

Over time, delivery of events has moved to using specialists in corporate event management rather than the wing-and-a-prayer activities that used to be delegated to employees seconded to this role. Financial circumstances have sufficiently improved over recent years to allow much more professional presentations to become the norm, showing off the organization far better in their marketplace.

In the changing world of corporate event management, many businesses can readily be found who are able to deliver to meet the demanding needs of organizations who need their help. With a budget that can be large or small, there are experts who can provide solutions for a very tight niche (and for tiny events), to those who have the resources to put together the biggest corporate events - with enough finance to match!

Yet budgets are not the only thing that matter of course. Finding a provider for corporate events who can deliver on time and exactly what is required needs a great team. One that has the experience and organizational skills to meet the needs of their client

Whilst there are corporate event management companies who started from one entrepreneur working from a kitchen table, there are others who transitioned into this work from other related industries, such as public relations, for example. Yet there are only a limited number who have the skills and history to blend with their interpersonal skills that are such critical ingredients for success in this market. Having an ability to learn and grow when things don't go quite to plan is a standard to look for, ensuring that quality and consistent improvement is always at the forefront of their brand.

With great planning overlaying their experience in the field, the good event management teams are totally focused on getting the best event delivery possible. Of course, the client comes first and achieving the outcomes they expect must be the priority. Once this is clear and their satisfaction is identified as the top priority, the best event managers have but this one goal in mind.

The most important prerequisite of any good event management business is the great customer service they provide to their clients. Of course they have to be pretty technically savvy these days and as new innovative ideas come along thick and fast, it's important to be very up to date. Nothing, but nothing comes before creating an excellent level of performance and liaison with clients in corporate event management for a business to be successful and thrive.

It's the highest priority, when providing corporate event management services, to clearly appreciate that it is the responsibility of the provider to get the communication process clear. No client will be prepared to accept that they 'should have been clearer' about what their requirements are. Great advice for event management providers is to ask, ask and ask again, whilst ensuring that any contract they sign up to is as detailed as possible. Being pro-active in being clear is both a safety feature as well as demonstrating excellent customer service skills.

Organizations have come a long way from those times where events were put together by individuals who were employees of theirs. Nowadays it's vital to get it right and use the activity as a strategic weapon to develop brand awareness and image. Where professional event managers now have the specialist expertise to deliver this challenging product for their clients, they can deliver so much more on behalf of their clients, often saving more than the cost of the services they provide.
About this Author

Rob Haworth is an event manager at international event management company, Entourage Live. Entourage Live specialise in large scale outdoor events, conventions, theatre, corporate event management UK and touring shows. Based in Gloucester UK and covering London, the UK and the world.

Web Based Project Management - Business Solutions That Work11

When it comes to running a business, there are a lot of different elements to think about. Having the right tools is one thing that can make all the difference. You need to be able to manage your business efficiently, including all of the different tracking and task assignment and completion tasks. If you are looking for all the right tools in one simple solution, you need web based project management software. This type of solution will allow you to handle reporting, scheduling, tracking, communication, and sharing within your business operations. Of course, there are many other features of online project management solutions to appreciate, as well.

The reason that web based project management is so effective and popular is because it is accessible and convenient. Unlike offline programs, this type of performance solution can be accessed from anywhere in the world. Whether you are on a company computer or not, you can gain access to all the information that you need to know, communicate with different people throughout the organization, and make sure that things are taken care of no matter where in the world you or your team members might be. This is a totally revolutionary solution for business project management because it used to be that people had to carry business computers with them or wait until they were back at the office to get the information that they needed.

Thanks to the internet, companies are now doing business globally through a virtual forum. Having access to the right web based project management software makes it easy to do business and communicate with others whether you are in the same building or in different countries. Because this software can be accessed from anywhere, security is almost always a question that people have. However, with web based solutions, encryption and security is a primary concern and these programs are designed to be safe for any type of business, no matter how confidential operations and projects might need to be. Your business might not be that high-profile or need much security, but having it available is definitely an advantage.

Time is money in business, and with the right web based project management solution you can save a lot of both. You will see increased productivity, better communication, better performance, and more efficiency in your daily business operations. It doesn't matter how big or small your business is because there are online project management solutions for all types and sizes of business operations. Check them out for yourself and see how many benefits you can find to appreciate. When it comes to succeeding in business, you need the best tools for the best results. Project management solutions that are web-based are among the best tools available today and they can help your business become more productive and successful.
About this Author

Handling project management is critical to your business success. When you are looking for the most efficient tools available, you need to check out web based project management programs. To learn more or see what programs are available, visit http://www.projecturf.com today.

Article Source: http://EzineArticles.com/?expert=Phil_E_Williams