Business Management

BCG Matrix : The 04 elements that define the products in any organization

BCG Matrix

BCG Matrix or the Boston Consulting group’s product portfolio matrix is a tool designed to use in long term strategic planning. This helps organizations to analyze their product portfolio and decide what product should be discontinued, on what product the organization should invest more and what product needs to be developed. This analyzing tool was …

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PESTLE Analysis : 06 elements that make or break any organization

PESTLE Analysis

PESTLE analysis is one of the most commonly used environmental analysis methods in the business industry. The environment is one key aspect of any organization’s success or failure. The organizational environment can be divided into two main components namely, internal environment and external environment. The internal business environment is about the organizational activities and the …

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The concept of Triple Bottom Line ( TBL )

Triple Bottom Line

The business industries are growing exponentially. The increase of technology and the growth of businesses are creating important discussion topics in the industry. Triple Bottom Line (TBL) concept is one such important topic that has been considered as useful in modern businesses. The environmental pollution is increasing every day and the living conditions gaps between …

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SWOT analysis : 4 aspects

SWOT analysis

SWOT analysis is a strategic tool used in analyzing organizational Strengths, Weaknesses, Opportunities, and Threats. Every organization that is operating with the aim of survival and profit orientation is keen to analyze its internal and external organization to identify the pros and cons of the organizational environment. The SWOT analysis was introduced by a management …

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Employee Motivation : 06 ways to motivate your employees

Employee Motivation

Employees are the most important asset for any organization. As the organizations are realizing the importance of the employees as an asset to the company, the importance of employee motivation has become one important subject in the field of management. Since employees can be considered as an asset with infinite value, motivating employees has become …

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Management Planning: Importance of planning as a part of management process

Management Planning

The management process is the basis of the success of any managerial activity. Management planning is the first element of the management process. As the first step of the management process, management planning works with major importance for the successful completion of any management activity. In this article, we will have a better look at …

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