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Welcome to the home page of MMG Communications

Welcome to the home page of MMG Communications, a communication portal and a SBU of MMG which handles group communications. Its activities will be of commercial nature and will promote such activities that will add value to the group, associates and its clients. This domain will publish all free member versions of management articles, newsletters and editorials sponsored by mmgindia.com. The pay for access articles are available to members at MMG's site. Madgopes.com has ceased to publish either free or pay articles and is being phased out. All pay articles are transferred to MMG. The free articles are transferred to us. Madgopes.com is available for sale or transfer without contents. Interested parties can get in touch at admin@mmgindia.com.  

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# The management articles at MMG Communications site are available for free global public access but membership is necessary to access restricted folders and governed by end user license agreement (EULA). Click here for our Membership Application Security SOPs. This domain will also publish articles written by other approved authors for free global public access. This service will be ad supported. The pop under ads are being provided by adonion.com based in North York, Ontario, Canada. For other zones, we accept the ads directly. 

# Madhavan's Blog provided by MS Windows Live.Com is available for global public access. The pages are available as a RSS feed and interested readers can opt for it at the blog. The advantage is updates and/or new entries can be automatically downloaded by the RSS reader to your inbox if you use Windows Live Mail or pages of My Yahoo or Live.Com or Google Reader by subscribing at the URL: http://madgopes.spaces.live.com/blog/.  If you have the MMG toolbar, it will automatically download them for you along with Yahoo news based on default settings. You have the options of choosing what you want or do not want after downloading it. Other toolbars provided with Atom or RSS readers can also support it. The link to use in such cases is given on top just below the MMG Communications banners. If you use Windows Live toolbar, you will find the Atom feed link under favorites. All our blogs can be accessed at http://******.mobile.spaces.live.com on web enabled cell-phones. Please insert the domain name where asterisk marks are used. 

# Our ID ipr@mmgcommunications.info was being misused by spammers. It is no longer valid. If people want to contact us they should use the 'contact us ' link available on top of the page. As MMG communications offers Microsoft Exchange Server 2007 with add on BlackBerry Exchange service, in association with a Virginia based service provider, its MX servers are different. Any mail addressed to this domain will reach nowhere.

Article of the week

Why Businesses of all types Fail?

business failures

Most business failures are due to the following reasons. It can be a combination of some or all reasons mentioned below.

  1. Poor book keeping and financial records. It can be fancy accounting too, as in the case of Enron and many others
  2. Improper or inadequate paid up capital.
  3. Failure to oversee debtors, creditors and cash flow.
  4. Failure to control costs. Most forget Parkinson’s Law that work expands to accommodate the number of people available.
  5. Lack of internal and external control mechanisms.
  6. Poor marketing, sales, quality, delivery and customer relations
  7. Insufficient working capital leading to high leverage. One common characteristic is current assets will be less than current liabilities thus rendering the company, technically insolvent.
  8. Lack of adequate and appropriate insurance cover.
  9. Failure to train and develop employee relations.
  10. Improper strategic planning and lack of holistic view of business.

The above shape key business matrixes and should be tracked constantly. Management can be summarized by the abbreviation POLCA which stands for Planning, Organizing, Leading, Communicating and Achieving. If businesses fail, it is the failure of leadership and management.

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