Is a Lack of Management Confidence Hurting Your Business Performance?

Recently when I was talking to someone about management confidence they asked What difference does confidence make to business performance? Good question. In this article I’m going to answer that question and highlight why management confidence is a critical issue – not just for the business owner or manager, but for the businessLet’s begin with what confident managers actually do. In short, confident managers take actionThey use a planned and structured approach to doing things like;
• Identifying, writing and agreeing performance objectives
• Discussing how the objectives contribute to the business goals
• Monitoring and measuring performance so that they can provide ongoing, regular and specific feedback on performance
• Identifying and acknowledging outstanding performance, and taking action to deal with areas for improvement
• Discussing the employee’s development aspirations and objectives
• Discussing the employee’s job satisfactionBecause confident managers take action, confident managers get resultsSo how does this confidence and action impact business performance? There’s a whole body of research that tells us that employees who are effectively managed are more productive, and teams that are effectively managed are more profitable. Research also shows us that one of the key reasons for lost productivity – and one comprehensive piece of research suggests that in the UK and US at least 18% of time spent at work is unproductive – is because of poor employee supervision. And of course this is not taking into account the negative impact that a lack of effective management has on employee satisfaction and engagement. In short confident managers take action to manage effectively and effective management positively impacts business resultsOf course confidence also impacts the manager themselves
So how does this confidence impact the manager? Let me ask you a question. As a manager, who would you prefer to work with and manage:A) A group of people who are clear on what’s expected of them, who get the feedback they want and need and who are consequently willing and motivated to perform wellOrB) A group of people who don’t know what’s expected of them, who don’t know if they are performing well or not and who consequently just don’t care?I know it’s a stupid question, but I want to illustrate the importance of the management role because effective management of people is both a critical commercial issue – because it’s about the business results – and a satisfaction issue, for both the employee and the manager So, how do managers get to be confident? In any field, in any area, the way we build confidence is by taking action and getting results, reviewing those results and then taking action again. By way of illustration I’d like you to think of something you are confident in. It might be that you’re a confident driver, tap dancer, parent, it may be that you are confident in the technical aspects of your job, for example you might be a confident auditor. Now I would like you to think about how you became confident in that areaI’ll bet my bottom dollar that you built that level of confidence by taking action, by reviewing what you did and then by taking action againAnd of course it’s by taking action that managers sky rocket their management confidence

Travel Tips – Kerala

State – KeralaLocation – Tropical region situated in the southernmost tip of IndiaBest Time To Visit Kerala – between November and March and during August and SeptemberHow to Reach KeralaBy Air – Calicut Airport, Kochi (Ernakulum) International Airport and Kerala-Trivandrum International AirportBy Train – Direct trains to from Mumbai, Delhi, Madras, Calcutta, Bangalore and also other major cities in the country.By Road – Karnataka and Tamil Nadu are connected directly by road while other cities through National HighwaysTravel Tips For KeralaThe state of Kerala is situated in the southernmost peninsula of India. Among the many states in the country, it is one of the most favored tourists’ destinations for individuals not just in India but also across the globe. With the enchanting backwaters, many wildlife sanctuaries and national parks, waterfalls, shopping markets, hills, mountains and beaches, the state has lots to offer the roving eye. When travelling in Kerala, vacationers may want to keep certain things in mind.Considering Kerala is a tropical region, the climate is pleasant for most parts of the year. When visiting after September it is best to be prepared for some odd showers and advisable to carry along emergency rainwear. The coastal area is hot and humid and tourists are advised to wear comfortable clothes, preferably in cotton. Sunglasses, hats, and sunscreen lotion could also be carried along to beat the heat.The state has a wide array of temples, but it is important for travelers to remember that not all allow non-Hindus to enter. Also when visiting the temples, it is best to be appropriately dressed while leaving footwear outside. Besides being a highly literate region, Kerala is also among the cleanest states in the country. Travelers are advised to follow the maintained standards of hygiene and refrain from dirtying the place. Also avoid bribing officials, as the state emerged as one of the least corrupted ones in a 2005 survey and could actually land you in trouble.The backwaters spanning the state are known to be an important mode of inland navigation and besides offering a very enjoyable journey, they are also very convenient. Though the state is home to a number of beautiful beaches, those holidaying here must remember that nudity is not welcome. Like many other places in the country, smoking in public places is banned here too. For those not familiar with the national language Malayalam, a translation guide will be of great help. Though basic knowledge of English should also help travelers get around generally.

Statistics Programming – Easing the Pain

Different sets of software are being developed everyday just to ease man with some of his technical works such as in the field of business. These programs are specially designed to make high speed calculations and analysis of the data and come up with a soft copy of information output that can be used instantaneously after the software processes it. Statistics is one of the most complicated clerical works of anyone who is studying or working in the field of economics, politics and even social matters. Statistics is deemed to be of importance because it gives a type of descriptive conclusion or interpretation that can be very precise depending upon the quality of data that has been gathered and the competence that is given to organize, interpret and represent that data. But even with the level of competence that a person has with regards to his statistical skills, there is still a probability that a miscalculation might be made and alter the holistic outcome of the statistics.

However, because of the rapid advancements of technology and the evolution of the functions that can be performed by the humble computer software developers has come up with a certain software program that can make ease any statistician of all their statistical tasks. The development of a program that is able to perform the task of organizing and interpreting statistical data was q revolutionary breakthrough when it comes to statistical analysis help. Statistics programming is defined as the systematic calculation of all the numerical data that has been downloaded into the system wherein it is organized basing upon the categories. These categories are classified upon the nature of the data that has been downloaded. After the process of organizing the data, it will be then interpreted numerically. This function of statistical programming helps to lessen the burden of work and also to maximize the output of a statistician.

Statistical program is composed of sets of languages. There are a total of 17 categories in a statistical program and these are the following;
• Analytica, ADMB
• Gretl, GAUSS
• Mathematica
• OxMetrics
• Quantum (Programming Language)
• Programming Language, SPSS, Symbolic Data Analysis, Sysquake, SAS (software and language), Speakeasy(Computation), SHAZAM (Software)
• World Programming System
• XLispStat

Each of these categories of Statistics Programs has their own unique sets of functions. Each one of it is capable of performing specific functions about statistics. The MATRIX LAB is one of the statistics programs that are widely used today. It is a program that is provided by a certain company that is said to be fully capable of solving ad coming up with solutions with regards to any mathematical or numerical problems that are fed into it. The MATLAB assignment helps not only statistics but also other aspects that majorly require the use of mathematical equations and solving. Because of these software programs, statisticians are given more time to pay attention to other details of the data and leave the organization and the interpretation of it to the statistics software.