Blog – Horseway Business Services

07 Jan

Different Definitions of Strategic Management

In 1988, Henry Mintzberg described the many different definitions and perspectives on strategy reflected in both academic research and in practice. He examined the strategic process and concluded it was much more fluid and unpredictable than people had thought. Because of this, he

27 Nov

What is Management Accounting?

Management Accounting Definition Management accounting also is known as managerial accounting and can be defined as a process of providing financial information and resources to the managers in decision making. Management accounting is only used by the internal team of

25 Nov

Importance of Strategic Management in Business

What is Strategic Management? Definition: The term ‘strategic management’ is used to denote a branch of management that is concerned with the development of strategic vision, setting out objectives, formulating and implementing strategies and introducing corrective measures for

06 Nov

What is Management Information Systems (MIS)?

What is Management Information Systems (MIS)? A management information system (MIS) is a computer system consisting of hardware and software that serves as the backbone of an organization’s operations. An MIS gathers data from multiple online systems, analyzes the information,

27 Oct

10 Characteristics of an Effective Manager

Are you a manager looking to make a difference in your workplace? Do you want to be a leader that will positively influence your team? Whether you manage five or fifty employees, being a manager comes with a lot of

22 Oct

7 Factors For Effective Management

We have seen various styles of management across many verticals, whether it’s in energy, financial services or healthcare, the underlying essence for effective management remains the same. Despite the excellence in resources provided to an operating organization, the challenge remains

19 Oct

Management Information System

Management Information system is very important for decision-making in professional and personal life. For the functioning of organizational decision-making is important. Today there is a cut-throat competition and it is imperative to take effective decisions for that manager needs accurate

17 Oct

What is Psychology, the beginning of psychology as a discipline

Psychology is the scientific study of the mind and behavior, according to the American Psychological Association. Psychology is a multifaceted discipline and includes many sub-fields of study such areas as human development, sports, health, clinical, social behavior and cognitive processes. Psychology

16 Oct

Management Functions – Planning, Organizing, Staffing, Directing, Controlling

Management has been described as a social process involving responsibility for economical and effective planning & regulation of operation of an enterprise in the fulfillment of given purposes. It is a dynamic process consisting of various elements and activities. These

15 Oct

6 Fundamentals of Business Management

1. People Human resources are your company’s greatest asset and how you lead, motivate and inspire your employees can have a huge impact on the success of your company. In People Management, learn the key leadership and communication skills that you