Leadership and Management Differences Management consists of controlling a group or a set of entities to accomplish a goal. Leadership refers to an individual’s ability to

What is Lean Manufacturing ( Lean Production )? Lean manufacturing (Lean Production) is a methodology that focuses on minimizing waste within manufacturing systems while simultaneously

What does SWOT stand for? SWOT stands for Strengths, Weaknesses, Opportunities, and Threats, and so a SWOT Analysis is a technique for assessing these four aspects of your

Process thinking, also known as “the process”, is a philosophy that emphasizes preparation and hard work over consideration of outcomes or results, and is particularly popular in

There are quite a few differences between strategy and tactical planning. In short, strategic planning is used to set destination and how you are going

What is 360 Degree Feedback ? A 360 degree feedback is a process through which feedback from an employee’s subordinates, colleagues, and supervisor, as well