Frederick Taylor's scientific management theory uses time-motion studies and four key principles to improve workplace efficiency and employee productivity.

Financial management is a process that enables a business to plan, direct, organize, monitor and control its current and future financial resources and events. It involves applying the basic ...

Last week I attended a two-day training session on the fundamentals of project management. I had been looking forward to the opportunity as a chance to help me be more effective at my current That’s ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Most people think property management is about fixing broken toilets and collecting rent.

Reinvention for Management Consulting in the age of AI is means reconnecting with a consultant’s role as the “counsellor” to senior managers. In the past twenty years, management consultants have ...

This represents a waterfall type of approach to project planning, where one phase flows into the other. It works well for certain industries such as construction and manufacturing, but it is less ...

Learn the principles of financial accounting, its importance, and how it functions to provide a clear picture of a company's financial health and compliance.

Managers and investors would struggle to interpret financial statements without U.S. Generally Accepted Accounting Principles (GAAP). As reported in the Wall Street Journal, GAAP provides a ...

Big data continues to be the new frontier for many businesses, but an organization can’t just collect all the data it can and expect it to do work for them. They need to carefully manage that data, ...