Solving a complicated problem can be frustrating. You can have good problem solving skills, but sometimes a problem seems like it has no solution. Nevertheless, never give up.

Motivating employees to work at their full potential is the main premise of successful management.

Good managers don't set a goal to increase efficiency, but rather an implementation of business process improvements that result in higher efficiency as well.

You asked about important factors in management. I think the answer is quite simple – the most important factor is motivation.

Managers can use power, money or certain circumstances to achieve short-term results. However, motivation is crucial for achieving long-term results.

Concerning mistakes, follow three simple rules. Firstly, correct a mistake that you made whenever it is possible. Secondly, don't repeat the same mistakes. Thirdly, learn from past mistakes.

When choosing a profession, a person will have good incentive for personal development by choosing such a profession that represents a personal challenge.

In general, people accumulate knowledge gradually over a long period of time. However, there are extraordinary people all around us, who are capable of accumulating impressive amounts of knowledge within a relatively short period of time. Nevertheless, even the greatest genius possesses only a small fraction of all knowledge known by mankind. Finally, the following question arises: how large is all the existing knowledge in comparison to the space of ignorance?

Nowadays, focusing on transferring applicable knowledge is a very challenging task that all teachers face.