In 1916, a French coal mine director named Henri Fayol wrote a book entitled "Administration Industrielle et Generale," which set forth five distinct functions of managing that Fayol insisted were ...

A manager's responsibility is to get her team to achieve the organization's goals. The four functions of a manager are to plan, organize, lead and control her team. Feedback control is a process that ...

For new supervisors or managers, the standard PLOC (planning, leading, organizing, controlling) framework is still useful in preparing for their new role. Of these four basic functions however, ...

Business process management (BPM) is the practice of discovering and controlling an organization’s processes to align them with business goals as the business evolves. The goal of BPM is to help your ...

When I ask leaders and teams to concisely summarize their company’s management approach, the pause I get hangs in the air like a frisbee tossed on a windy day. No one seems to know which direction the ...

When you hear the term “project management,” you don’t typically think about the value it can bring to your business development work. You might think about a large-scale IT implementation or the ...

The Board of Directors (the BoD) approves the risk management and control framework of the Group, including the Group and business division overall risk appetite. The BoD is supported by its Risk ...