inrespective of the various happenings with respect to the confusions and mis-understanding between countries such as Ukraine and Russian, just to mention a few instances that has contributed pesstimistically to the progresive growth of the economy.
Effective management can increase the company's profit, by properly Utilizing:
1.Men(man power) and good human resources
2.New ideals and innovations
3. Materials and Supplies
4. Time management and Work Space.
There are two main reservoirs where a hidden profit can be tapped by a manager, they are : One- Human Reservior, and Two Technical Reservoir.
The actual act of enlisting the hearts and loyalties of workers in a waste reduction programmes taps the human reservoir.it makes the worker feel more aware of themselves as participants in common goal.
A sense of Identification and purpose beyond being just a mere cog in the wheel is essential to building proper attitudes.
DO you explain the Money Value of materials entrusted to an employee's care?
Do you initiate Preventive breakdown programmes for equipement and Machinery?
There are hidden profit in materials, supplies, Machinery and equipement respectively.And the proper use and maintenance-means lower costs and increased production and profit.
Thank you for the splendid time.
