The role of theory and history in management The text goes to some trouble to explain why theory and history are relevant to contemporary managers. Theory is a conceptual framework for organizing knowledge and providing a clean print for action.…

Distinctive Competences – What is it?   A distinctive competency is a strength possessed by only a small number of competing firms. Distinctive competencies are rare among a set of competitors.Organizations that exploit their distinctive competencies often obtain competitive advantage…

The mercurial market conditions and the constant stress to perform often leads to low morale among employees and even without their own realisation their performance graphs move downward. What does the organisation’s resource management doctor (read: HR department) prescribe when…