Management, Books and Learning

Retail Management Meaning and its Need What is management ? Management refers to the process of bringing people together on a common platform and make them work as a single unit to achieve the goals and objectives of an organization. Management is required in all aspects of life and forms an integral part of all businesses. Retail management The various processes which help the customers to procure the desired merchandise from the retail stores for their end use refer to retail management . Retail management includes all the steps required to bring the customers into the store and fulfill their buying needs. Retail management makes shopping a pleasurable experience and ensures the customers leave the store with a smile. In simpler words, retail management helps customers shop without any difficulty. Need for Retail Management - Why retail management ? Peter wanted to gift his wife a nice watch on her birthday. He went to the nearby store to check out few o...

Recently I was in discussion with one of my consultancy client where he was sharing his views on problem about trained manpower leaving the organization and starting their own ventures. The discussion leads me towards learning cycle of entrepreneurs in initial year of their carrier where they were working as employee with one or other organizations, the organizations whom they have/had left because of any reason which helped them in creating new organization and established them as entrepreneur. For example: What if Dhirubahi Ambani never left his first job? we never had Reliance industries... What if? They have never left the organization? They were loyal in terms of working with one organizaiton only? They never dreamed about their own enterprise/Business? The Answer is: We might not have new entrepreneurs We don't have new businesses we din't have new business modules and so on... The cycle of business us such that as Entr...