VUCA is an acronym that stands for Volatile, Uncertain, Complex and Ambiguous (VUCA), a combination of qualities that, taken together, characterize the nature of some difficult conditions and situations. The term is also sometimes said to stand for the adjectives: volatile, uncertain, complex and am...
"The 7 Habits of Highly Effective People” is a self-help business book written by Stephen Covey in 1989. I’m pretty sure that you’ve heard about it and seen in the bookshops, as it’s quite popular — more than twenty-five million copies have been sold worldwide according to Wikipedia. There are many...
What is helicopter money? Helicopter money is the term used for a large sum of new money that is printed and distributed among the public, to stimulate the economy during a recession or when interest rates fall to zero. It is also referred to as a helicopter drop, in reference to a helicopter scatt...
The "Hot-Stove Rule" of Douglas McGregor gives a good illustration of how to impose disciplinary action without generating resentment. This rule draws an analogy between touching a hot stove, and undergoing discipline. When you touch a hot stove, your discipline is immediate, with warning, consiste...
Data Analysis VS. Data Analytics Dr. Abdulrahman M. Aljamouss Assistant Professor, Business Development Data is everywhere, If we said : I can’t find data that I need – data is scattered over many versions with differences. I can’t understand data.– data didn't documented as well . I can’t u...
Supply Chain Management Dr. Abdulrahman M. Aljamouss Assistant Professor, Business Development Understanding What Logistics and SCM Are About Council of SCM Professionals (CSCMP) Saied, when talking about evaluation of SCM's performance it is important to acknowledge that we have misunderstood....
Warehouse Operations Management Dr. Abdulrahman M. Aljamouss Assistant Professor, Business Development The economic importance of Warehousing: Economic utility of Warehousing The value in achieving customer needs or wants. Possession utility: The product can be owned by the custo...
Napoleon Hill- Lesson 10 Accurate Thinking 1. Never accept the opinions of other people as being facts until you have learned the source of those opinions and satisfied yourself of their accuracy. 2. Free advice requires the closest of examination before being acted upon as safe. Generally speakin...
Process reengineering is a growing fad that advocates dramatic change can be achieved in the way business is conducted if the processes basic to doing business are reengineered. Unfortunately this new approach, as presented by Michael Hammer and James Champy in their book, Reengineering the Corporat...
Business process reengineering (BPR) is an approach to change management in which the related tasks required to obtain a specific business outcome are radically redesigned. An important goal of BPR is to analyze workflows within and between enterprises in order to optimize end-to-end processes and e...