Common mistakes made by managers
Question: “It seems to me that we have thought through the process of change to the smallest detail, but already at the first stages of the implementation of the plan…

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The benefits and costs of economic growth
Most governments aim for high rates of economic growth, believing that this will lead their countries to higher living standards. In pursuing monetary policy, the government is trying to influence…

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Distribution and production relations
As relations almost identical to non-existent relations of ownership of shared means of production, the communist theory considers production relations, which, therefore, also have a significant impact on the distribution…

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Common mistakes made by managers

Question: “It seems to me that we have thought through the process of change to the smallest detail, but already at the first stages of the implementation of the plan we ran into serious problems …”

ERROR: Any change must begin with a diagnosis. This stage is essentially a starting point and is associated with an accurate determination of which change is necessary and desirable. That is why the actions taken at this stage need to be given sufficient time and attention. In many organizations, the diagnostic phase is often overlooked or done poorly, which almost guarantees the failure of subsequent stages of the process. The consequences of this approach are obvious: a planned change crashes and is not implemented, or leads to disastrous results. If this is the case in your situation, then it is most reasonable to return to the beginning of the process and properly diagnose. Continue reading

HOW TO BUILD A FINANCIAL BRIDGE IN CIVILIZATION

Strange creatures are people … They always want what is inaccessible. And when at last there is an opportunity to get what you want, interest instantly fades away and it turns out that they wanted something completely different. Just like in the famous tale of Oscar Wilde. As a proof of love, the professor’s daughter made the student wish to bring her a red rose. Like evil, only one rose grew in the garden, and that one was white. Student love at the cost of his life saved the nightingale. He drove the thorn of a white rose directly into his heart and sang all night, staining the white petals with a crimson red color with his blood. When a student, full of magical dreams and romantic hopes, cut the rose and brought it to the beauty, she took it and threw it into the ditch. It turned out that the color of the rose did not fit the new dress … Continue reading

General algorithm for work to reduce costs
This algorithm is universal regardless of whether the cost reduction is carried out as a one-time project or as a regular process; the difference will be in the intricacies of…

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The difference and relationship of the concepts of "development" and "change"
Modern organizations operate in the face of constant change. Effective change management in the technical, economic, political, demographic and social spheres allows organizations to successfully adapt to the changing external…

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Economic Crimes
Economic crimes are part of mercenary crime directly related to economic relations in the country and in the world. Understanding of this group of acts is even more uncertain than…

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Typical Budgeting Mistakes
For modern companies, the urgent task is the introduction and development of a budget management system. However, even in those firms where the budgeting process is sufficiently developed, employees often…

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