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Showing posts from March, 2020

Bidding, Tendering and Contract management:

Contract, bidding and Tender Management are basic tricks in accomplishing high levels of performance for all associations. Presenting the highly significant activities accessible from contract and acquirement operations requires the constant association of proficient experts and management who understand and execute the best practices in Tendering & Contract Management for the acquirement of goods and services. Bidding is an offer/demand to set a sticker price by an individual or business for an item or service. It determines the value or cost of something. Bid management is the procedure by which the culmination of PQQs (per-qualification questionnaires) and ITTs (Invitation to tenders) is overseen. It includes all in all from guaranteeing compliance, to responding to questions. In general bid supervisors follow an organized way to deal with the bid management process. Bid management training must include these steps: 1. Analyze citations to understand the requirements of t

What is transformational leadership?

Transformational leadership training is a way to guide in which leaders empower, encourage and inspire their employees to constitute and make change that will develop and shape the expected success of the organization. This is practiced by setting a pattern at the administrative level through business customs, employee proprietorship and freedom at the workplace. Transformational leadership works well when leaders’ practices impact assistants and motivate them to perform prior to their apparent abilities. Bernard Bass along with his colleague Bruce Avolio created and developed a theory and estimation of transformational leadership that involved four principal components that are also referred to as 4 I’s of transformational leadership i.e.  1: Idealized Influence:  A transformational leader incorporates the characteristics that he/she needs in his/her group because it is easy for the followers to believe in their leader as a role model.   2: Inspirational Motivation: Tran