All entries for Thursday 07 April 2011
April 07, 2011
Few SMEs have a whole asset management system, it is easy to understand. There are seven aspects in asset management according to our material and each of the aspect has its own management system. Each of the system can go so much detailed into it and can be time-consuming and expensive. Also, because of there aren't so many assets in SMEs, so that managers believe the assets are easy to be managed without a asset management system and thus time and money can be saved. It may work and lots of SMEs run well without such a system. I'm not an expert to judge it's ok or not. But in my opinion, these companies at least should have emergency response plans and provide basic training for employees in dealing with immediate incidents. Besides, employees need to be familiar with their emergency response plans so that it helps them to keep clam during disasters. What's more, emergency response plan is important to large companies, either. I believe there are many risk analysis in aircraft industry and railway industry, but misfortune continue happening. None of the companies has perfect management system and of course, not every hazard can be identified. Therefore, companies can never overlook creating their emergency response plan.
It is impossible for a leader to understand all of the leadership theories. In fact, many leaders lead their followers without reading any leadership theory. This doesn't mean they that don't understand leadership, they learn it through practice and experience instead of reading books and articles. Each leader has their own leadership style but some of them build their style without noticing they are doing so. They also don't know what their style is. But this doesn't affect the effectiveness of their leadership. Some of them even don't want to learn some related theories from books because they point out it will affect they opinions. I don't want to challenge the useful of books but there are lots of ways to learn knowledge without books. For example, some people prefer to learn through their real experience while some people obtain knowledge from books. It's hard to illustrate which kind of leader is more effective. Or perhaps it's better to combine theories with pratical experience.