Month: August 2018

The Philippines Institute For Supply Management

Business Management blogger

Founded in 1968, the Philippine Institute for Supply Management (PISM) has evolved to become the country’s premier professional association of supply management practitioners. It currently has more than 300 member companies, ranging from conglomerates belonging to the Fortune 500 to small and medium-sized enterprises (SMEs) from various industries. Aside from its Metro Manila headquarters, the Institute has three provincial chapters, namely: Cebu, Davao and Negros Occidental.

Our MissionTo be the key contributor to our member companies’ success and to the country’s global competitiveness by championing the upliftment of the supply management profession and the continuous development of its practitioners to the highest ethical and world-class standards.

Our VisionTo be an acclaimed world-class prime mover and resource center of supply chain management and leadership excellence in Asia.
Over the past four decades, PISM has instituted new programs to develop the competency of the country’s supply management professionals. It is continuously strengthening alliances with international supply management organizations. It is a supporting organization of the Institute for Supply Management (ISM) based in Tempe, Arizona, USA, an affiliate of the International Federation of the Purchasing and Supply Management (IFPSM) based in Switzerland and the International Trade Center UNCTAD/WTO.

On the local front, PISM undertakes various initiatives together with the academic community to train and develop competent supply management professionals. Among these are the Executive Development Program on Supply Chain Management at the Ateneo Graduate School of Business – Center for Continuing Education, Diploma Program in Supply Chain Management (DPSCM) at the De La Salle College of St. Benilde School of Professional and Continuing Education, Diploma Program in Supply Chain Management (DPSCM) at the Technological Institute of the Philippines (TIP), Bachelor of Science in Business Administration Major in Supply Management at the university of Makati, Bachelor of Commercial Science Major in Supply Management at the Jose Rizal University, and the Certified Professional in Supply Management (CPSM) of the Institute for Supply Management (ISM), Tempe, Arizona, USA.

Career prospects in business management

Business Management blogger

Managerial job is no easy task to perform. You should have proper vision and skills to manage any organization. There are some natural leaders who have better chances to make the most out of this profession. However, management can be taught in schools and thus several institutions are flooded with students who all are aspiring to make careers in business management. If you are one in the list, then you must be planning a lot of in terms of choosing a perfect management institute and a perfect course for you. But it will never be an easy task in India. Although there are so many management colleges in the country and some more are on the row to come soon, yet you can’t take all of them for granted when it comes to quality of education and other facilities. One thing is certain that there are no lacks of scopes in the field with so many small business houses and corporate organizations making their ventures in the country recently. There can be vacancies both in low level and in high level jobs. So, getting an entrance will never be a big issue for management graduates and post graduates. However, if you really want to use your degree in management as a ladder to climb on the corporate ladder then you must select one of quality management courses for you. There are so many things to consider for you. Firstly, know your own level of interest and choose courses according to that. You can get specialized training for a certain section of business and that actually is the need of the hour for you. If you are planning to enter into health industry, then relevant courses which focus mainly on health management can come handy for you. The course expenses, the placement facilities, the equipment and lab issues, the practical training and the teaching faculty are some very important things to check out for students who are planning for a business management course in India. Doing every selection right can pay dividends for you as well. Students can make things happen for them with methodical online and offline searches for a college in which they are planning to get admission.

Business Management Degrees The Stepping Stones to Success

Business Management blogger

Successful businesses are the cornerstone of any well performing economy. The ever increasing pressure on business and governmental agencies to enhance performance at local, national and international levels is a constant reminder of this. As the quality of the management team directly affects the performance of any business, there is growing demand for competent and successful managerial staff worldwide. The rewards are immense, from high paying wages to careers that provide intrinsic and extrinsic benefits and a feeling of achievement and self worth. However, to enter the competitive world of management, an individual must possess the skills necessary to survive and thrive in this environment.

The activities of planning, organising, directing, controlling, implementing and evaluating lie at the heart of the skill set required to evolve into a successful manager. Without these skills and knowledge, the doors of opportunity will likely never open. This is why it is important to get the necessary training at a high performing tertiary organisation that has a proven and successful background in delivering internationally recognised and revered business management degrees. Due to the rising complexity of business and the work place, the origination of many niches within the managerial function have been created, which require unique and customised skills to perform in that role. Some examples include human resource management, communications management, production and information technology specialists, to name a few. Reputable training institutions will be able to provide a wide array of skills pertaining to the specialisation in management that you wish to take.

Not only are there internal pressures to perform, but the business environment is coming under increasing scrutiny to adhere to ethically and socially responsible business practices and managerial ethics. It is essential that in your base of education when studying for a business management degree, those social and ethical responsibilities are incorporated into the education. No matter how successful or large the business may become under your managerial direction, if a company is seen to go against socially desired ethics, such as adhering to green regulations, then consumers may turn to an alternative company that is seen to be performing ethically. Leading business managers have not simply complied with specific legislation that enforces a company to comply, but have realised that socially responsible actions are in fact good for business. Being proactive in promoting socially responsible business practices and models, creates a positive perception from consumers, as well as the general public, which ensures that people will continue to purchase from the business. Additionally, consumers utilising the services of other businesses will switch to a business that is well viewed and liked in the public eye.

A competent manager who is socially and ethically aware of the business decisions that are made in the name of the company will have a bright and rewarding future. However, you require the in depth knowledge and skills required to enter the industry which are only accessible through quality tertiary institutions. Enrol now and start laying your stepping stones to success.

The Strategic Role of the Operations Function in the Car Audio Industry

Business Management blogger

From a manufacturers point of view, to identify the strategic role of the operations function is vital in the business success. This is also true in the car audio industry. Before judging or evaluating the contribution of operation of a car audio manufacturer, it is important to know the role of the operation function in the first place. In other words, to understand the exact parts that it plays in the company. In the car audio company of car stereo, car radio and auto radio, the operational managers will fail to identify whether the operations in progress are really building a long-term success of the business, if the role of operations functions is not fully understood and appreciated in the company.

Before going for the role of the subject, a car audio supplier must figure out the core value, the mission and vision of the company at the first stage, as the role is based on this core information of the company of car stereo, car radio and auto radio. Then the next step is to understand the underlying rationale of the operations function in the company, which is more than just the tasks or responsibilities. The operational managers can treat it as simple as the reasons that the operations function exists.

With the very reason why the operations function continuously exists in the company of car stereo, car radio and auto radio, an operational manger can understand the major three roles, which are the implementing, supporting and driving of the business strategy.

1. Implementing the business strategy.

Implementing the business strategy is the first role. For most manufactures like the Car Audio Group, it is common to have some kind of strategies to win its business success. These strategies are put into practice by operations within the company. A business strategy is invisible; people can only experience how it works in the real practice. For example, if a supplier of car audio, car stereo, car radio and auto radio launch a sales campaign targeted in the new car owner market in the hope of increasing market share in this special sector, suitable marketing operations is supposed to be planned to attract new car owners. Discount prices and promotional activities may be arranged throughout the campaign. In terms of customer service operation, the company may build a new customer service team to improve the satisfaction of the customers. Most importantly in the product development operation, the new function may need to be built on the products of car stereo, car radio and auto radio. The value of the role of implement of business strategy is very significant for the company, because business will not be successful without a capable operations function even though the business strategy is carefully planned.

2. Supporting the business strategy.

A second role is to support the companys strategy. In this role, it must integrate and develop resources to facilitate all activities to let the organization achieve strategic goals and objectives. Take a car audio manufacturer of car stereo, car radio and auto radio for example, if the manufacturer is trying to be the leader in the market for an available new product innovation, its operations function must be capable of dealing with changes and unexpected difficulties that the new innovation will bring. It must have new process or production line to support the production of new designs. It must also have comprehensive training courses for the staff to keep updated with the new functions and put the changes of operations in practice. A strong relationship with its suppliers is supposed to be built, for the quick response on novel materials sourcing. The operations function is also supposed to adopt a different practice and objectives if the car audio manufacture decided to change its strategy.

3. Driving the business strategy.

Driving the business strategy is a third role, to develop long-term competitive advantages for the company. Any bad practice such as low-quality product, broken promises, unsatisfactory services and limited choice of model numbers will ruin the business strategy, let alone the long-term business success. On the contrary, if the manufacturer of car audio, car stereo, car radio and auto radio can provide continuous good products, fast delivery, satisfactory customer services, it will drive successful business strategy, and finally contributes to successful business success and positive company image. All these short-term and long-term success will not to be built with good operations function. An operations function of a car audio manufacturer that is offering both short-term and long-term advantages is driving the business strategy to meet business goals and objectives. Moreover, if the operations function of a manufacturer is able to cope with uncertain challenges of market of car audio, car stereo, car radio and auto radio in the future, it will certainly bring future success for the company.

A comprehensive guide to select among Business Management dissertations topics

Business Management blogger

Stress, depression & lack of focus, these are the most encountered problems faced by a common student, when he has to select a topic to write a dissertation, and specially when he has to choose among business management dissertations topics.

It’s true that selecting a management dissertation topic and working on it is a difficult task, but only for them who don’t have proper guidance & strong planning. I am sure you don’t want to be one of them; this is the reason why I decided to write this article, in which I’m going to provide you both the guidance and the planning strategy that will eventually help you selecting the right business management dissertations topic.

You should follow 3 easy ways to select a management dissertation topic, which are:

1. Choosing the right area of management dissertation topics

It’s the most important part and it has to contract with your interests, so you can comfortably work on it from start to finish. To do so, gather data/information from different sources of medium such as TV, Radio, Internet, etc. As I see, Internet is the most valuable resource in today’s age and you should not overlook the benefits of it, as you can gather an ocean of information from it by using different blogs, websites and groups.

Here I am including a list of business management dissertation topics which are moldable according to your need and which will definitely give you an idea of what you want to write about:

i. Advertising Issues ii. Business Ethics Human Resource Issues iii. International Business iv. Management Theory v. Management And Business vi. Consumer Behavior vii. Marketing Case Studies viii. Business Plans

I’m sure one of the above topics will click you to pursue your goals, but make sure to be unique and innovative because dissertation writing is all about bringing new ideas & conclusions to the table.

2. Noting down the ideas instantly

By noting down the ideas which click you anytime, by any source of medium such as: TV, radio, internet, books etc; you will get a clear picture in your mind about what you want to do. TV & internet are the best sources which send flashing ideas to your mind. So you should grab them as they come.

Apart from the electronic media, books play a very vital role in gathering important information. There is a vast range of books available in the market which you can get, and go through them so you can get ideas about business & management dissertation topics.

3. Discussing the topic with your advisor

Your advisor is the one who gives you guidelines and keep a check on what you are doing with your project. He also plays a valued role in encouraging you that boosts up your confidence & makes you give your best. So consultation with your advisor is very important when you are writing your dissertation & without it you will have no clue where you are going.

Conclusion

In this article I briefly explained you about management dissertations topics which will certainly help you in choosing the right path and that path will lead you to the destination you dream of.