Small Business Managment

Small Business Management
Chapter One
Starting Your Small Business
Page 27 Questions 4, 9, 10

4. What comes to your mind when you think of a small business? How does your concept differ from the definition given in this chapter?
      When I think of a small business, I think of smaller stores like on the main street in old Ellicott City. Small stores in shopping centers where there is only one like it. Also, businesses people run from their house like small home improvement company’s or hair salons.  The definition from the text book states that a small business is one that is independently owned and operated and is not dominant in its field of operation, and does not engage in new or innovative practices. My ideal of what a small business is pretty much goes along with the definition in the book, although I didn’t know that they didn’t engage in new or innovative practices.

Project Management - Art to the Rescue

"Is project management more of a science or more of an art form?"
Introduction
    Today’s business executives are asking their managers and employees “to do more… with less”.  Fewer Project Managers are leading more projects with poor results, the latest Standish Group – Chaos Report shows that only 28% of IT projects succeed.  Many believe that the key to Project success in not applying technical management principles, but rather, more artful soft skills such as communication and creativity. (Belzer, 2004).