Development

The research of Mr. Jon Maner, Professor of Management and Organizations at Kellogg School of Management, Northwestern University, shows that these are two styles of leadership, which refer to dominance and prestige styles1.  Leading through dominance means influencing others by being assertive and leveraging one’s power and formal authority. Leading through prestige means displaying one’s knowledge and expertise and encouraging others to follow. In the case of dominance, employees usually have little choice but to follow the leader; when it comes to prestige, deference to the leader is more negotiable. While both styles have different characteristics, both of them have

Being a good manager is hard. Here are a few ways business leaders should do to be more productive, innovative, and positive selves. 1. Unnecessary meetings? Skip it Meetings need to create value for employees, such as brainstorming ideas, reaching a crucial decision, or coordinating work. If it’s about anything else, skip it. Give your employees back their time by choosing your meetings strategically. Go in with a clear plan of what you want to cover during that time and hold everyone to it. 2. Communication should be clear and concise “Let’s make sure to finish the project by quarter-end,” sounds like a clear directive,

Many entrepreneurs have passed through Microsoft in the company’s 45-year history. A Seattle-based economist Microsoft once hired to study its economic impact estimated that the company had helped create 10,000 millionaires by the year 2000. Some of them became philanthropists, went to space, bought sports teams, or helped launch popular products including the Cranium board game and Cabbage Patch Kid dolls. A few even founded billion or multibillion-dollar companies like Chinese electronics giant Xiaomi, video game developer Valve, and hot startups like UIPath, Convoy, and Auth0. Let’s have a look at a list of 13 notable ex-entrepreneurs who spent many

As soon as the COVID-19 epidemic in Vietnam was well controlled because there were no new cases for 16 days (from 6 pm on April 16 to 6 pm on May 2), Ho Chi Minh City requested the Prime Minister to end social isolation from 0 am on April 23, 2020. Accordingly, people of many provinces and cities across the country have had a gradual return to regular daily activities. Simultaneously, several businesses have also started getting back on track with the office life. Some people are excited, the others are not ready to go back to work Most of

Obstacles that management level needs to overcome Teleworking can bring a wide range of benefits for businesses, leaders and employees. However, it needs to be properly managed to be successful.    1. Difficulty monitoring performance Coronavirus disease is changing the way not only many organizations operate for the foreseeable future, but also leaders and employees manage themselves in quarantine without face-to-face human interaction and the structure of a typical workday. One significant challenge of managing employees remotely is ensuring that they accomplish all their job duties on time, efficiently, and up to the company’s standards. For some remote employees, this