No matter what your management style, participatory, directing or teamwork, four broad management functions are demanded of you. As a manager, your primary tasks involve managing people who are ...

Equipment management is a complex and difficult task that affects almost every aspect of a company’s operations. The skills required vary from the master mechanic to the finance specialist and ...

Equipment management is a complex and difficult task that affects almost every aspect of a company’s operations. The skills required vary from the master mechanic to the finance specialist, and ...

Operating a business often means you must make the most of limited resources. It also means that managers serve a critical role in realizing business success. Managers must wear many hats and possess ...

Forbes contributors publish independent expert analyses and insights. I write about management in its many forms. That said, despite the role's multiple challenges, there's ample evidence -- with ...

In my last article I pointed out possible downsides to consolidating control of original equipment manufacturer (OEM) purchasing into a corporate group. The message there wasn’t meant to be that ...

One of the problems with many risk management functions, as I see it, is their reporting structure. The ideal is viewed by many (including regulators) as reporting directly to the board or a committee ...

Outsourcing is defined in this study as the organizational practice of contracting for services from an external entity while retaining control over assets and oversight of the services being ...

Shortly after the Department of Homeland Security (DHS) was formed, the Government Accountability Office (GAO) designated implementing and transforming DHS as a high-risk area to the federal ...

"The Army Materiel Command and its subordinate life cycle management commands have a national-level responsibility for materiel management. As defined in several places in Army sustainment doctrine, ...

The saying goes, “If it ain’t broke, don’t fix it.” However, in the culture of today’s business market, the saying should be adapted to say, “If the existing risk management program is working, still ...