Is your management team struggling? Who is at fault?

July 04, 2014 Team Management Comments Off on Is your management team struggling? Who is at fault?

High functioning management teams are what make a business successful.  It is the responsibility of the business owner / senior manager to ensure that they have built an effective management team. Sean Wise, professor at the Ted Rogers School of Management, Ryerson University, claims that "Eighty percent of my investment decision is based on the quality of the management team." This demonstrates the importance of having a well-functioning management team.…

Read More

Do you really need management consultants?

Management consultants have a negative reputation.  They are often accused of going in and implementing unsustainable change that makes firms dependent on them in the long run and fail to address the underlying issues faced by the company. Yet many firms and companies continue to use them.  As much as companies and businesses are reluctant to admit it, hiring management consultants can be the difference between business success and failure.…

Read More

How can better management support economic growth?

The link between management and growth is not something new. Effective management can either lead to economic growth or decline. Evidence has shown that management teams that adopt short term approaches inhibit growth. While on the other hand, management teams that invest and take a more long term approach can propel an economy. Managers are responsible for rules, business norms and implementation. This makes them a crucial catalyst to economic…

Read More