Business and Money Tips

Most managers are promoted based on their technical expertise.  For example, if you are a good engineer, you will be promoted to an Engineering Manager. After being promoted, managers are expected to perform their managerial and leadership roles well, on top of also performing their technical roles well. And when managers have problems, they often consult their bosses.  Unfortunately their bosses too have no formal training on management and leadership.  Even if they have a MBA, it is the day-to-day people management issues that make bosses headache. For example, many companies until now still cannot cope with the tightening of foreign labour .  Unable to find locals to take up jobs, they choose the obvious route: cut down business.  That's why you see Robinsons shrinking and many restaurant groups reducing their outlets.  Other than people issues, managers are always in a c...