What is Leadership? What is Management? Leadership vs. Management: Differences What do managers do? What do leaders do? What Are the Traits a Manager Possesses? What Are the Traits a Leader Possesses? Three Tests Conclusion FAQs Are you a leader or a manager? It’s a common question with a complex answer. Leaders and managers both […]
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Introduction What are lean principles? 5 Lean Principles everyone should know Things to do before applying lean principles Applying the Principles Conclusion Introduction In today’s business world, the term “lean” is used a lot. You may have heard it used in relation to manufacturing, software development, or even in relation to business process management in
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What is Risk Management? Risk Management deals with identifying, analyzing, and mitigating the threats to an organization. Risks can be from various sources, and their severity depends on how well the organization has planned its risk management strategy. Types of Risks an organization may face An organization may face risks based on various internal and
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A company’s inventory is a very valuable asset and demands attention. Any damage to the inventory can cause damage to the concerned organisation along with drainage of capital which could otherwise be avoided. Hence, in order to manage your business smoothly, you must have subsequent knowledge about Inventory Management. Great Learning Academy’s free inventory management
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For managers to be successful in their role, they need to have leadership skills. And for leaders to lead successfully, they must be able to manage their peers, employees, and stakeholders well. Leadership and management are not the same, but they go hand in hand with each other. In this blog, we’ll discuss the leadership
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“A good manager is automatically a good leader” People often mistake leadership and management as the same thing, but in essence, they are very different and mutually interdependent. Yes, leadership is an essential part of effective management and as a crucial component of management, leadership is an important component to every employee to excel. Let’s
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What is Product life cycle management? Product life cycle management covers all the aspects of the product, from its conceptualization to its disposal. It is an umbrella term and has different meanings for different organisations. It refers to the management of the product as it goes through various stages like introduction, development, deployment, etc. It
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