...Executive Summary: Organizational Focus & Goals Derron Venerable University of Phoenix HRM/326 MARIBEL HINES September 15, 2014 Introduction The purpose of an Executive Summary is articulate a full report with the least amount of words possible depending on the size and nature of the issue. In most cases executive summaries serve as a report for executives who do not have the time to read the full report; therefore, the summary will give the executive the information that he or she needs to understand the objective, the issue(s), and the plan(s) in place to solve the issue(s). The following summary is focusing on an on-going overtime issue that one of the company’s branches is having. Focus and Goals The current focus at this particular location is to complete the daily task in the fastest most efficient safest way possible. The goals are to minimize or combine the current routes, run the routes from the closet point to the furthest and create a benchmark for each driver to attempt to meet in a safe but efficient manner. The research states that if the routes are done in a sequence form from the closet point to...
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...An executive summary, sometimes known as a management summary, is a short document or section of a document, produced for purposes, that summarizes a longer report or proposal or a group of r business elated reports in such a way that readers can rapidly become acquainted with a large body of material without having to read it all. It usually contains a brief statement of the problem or proposal covered in the major document(s), background information, concise analysis and main conclusions. It is intended as an aid to decision-making by managers[1][2] and has been described as possibly the most important part of a business plan.[3] They must be short and to the point. An executive summary differs from an abstract in that an abstract will usually be shorter and is intended to provide a neutral overview or orientation rather than being a condensed version of the full document. Abstracts are extensively used in academic research where the concept of the executive summary would be meaningless. "An abstract is a brief summarizing statement... read by parties who are trying to decide whether or not to read the main document", while "an executive summary, unlike an abstract, is a document in miniature that may be read in place of the longer document".[4] An executive summary differs from an abstract in that an abstract will usually be shorter and is intended to provide a neutral overview or orientation rather than being a condensed version of the full document. Abstracts are...
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...Executive Summary The purpose of an executive summary is to summarize a report. Executive summaries are written for executives who most likely do not have time to read the complete document. Therefore, the executive summary must cover the major points and be detailed enough to mirror the content yet concise enough for an executive to understand the substance without reading the entire report. An executive summary differs from an abstract. Readers use an abstract to decide whether to read the complete document. They read an executive summary to obtain information without having to read the report in full. The executive summary should be written as a document that can stand on its own and is usually written on one or two pages, depending on the length of the report. It restates the purpose of the report and describes any results, conclusions, or recommendations made in the report so that the reader understands the reasons for the conclusion or recommendations. Acronyms, symbols, and abbreviations must be written out. Tables and figures in the report should not be referred to by number in the executive summary. The audience for an executive summary is receptive to the message, so the writer should assume that the audience wants to know and understand the message. It is written in a formal tone using an impersonal style and eliminating first person pronouns (I, we, our, etc.). Use the following guidelines when writing an executive summary: • • • • • State clearly the purpose of the...
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...Good and poor examples of executive summaries This is a GOOD example from an Accounting & Finance assignment. Footnote Executive Summary This report provides an analysis and evaluation of the current and prospective profitability, liquidity and financial stability of Outdoor Equipment Ltd. Methods of analysis include trend, horizontal and vertical analyses as well as ratios such as Debt, Current and Quick ratios. Other calculations include rates of return on Shareholders Equity and Total Assets and earnings per share to name a few. All calculations can be found in the appendices. Results of data analysed show that all ratios are below industry averages. In particular, comparative performance is poor in the areas of profit margins, liquidity, credit control, and inventory management. The report finds the prospects of the company in its current position are not positive. The major areas of weakness require further investigation and remedial action by management.Recommendations discussed include: improving the average collection period for accounts receivable· improving/increasing inventory turnover· reducing prepayments and perhaps increasing inventory levels The report also investigates the fact that the analysis conducted has limitations. Some of the limitations include: forecasting figures are not provided nature and type of company is not known nor the current economic conditions data limitations as not enough information is provided or enough detail...
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...[Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.] [Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.] Electronic Discharge Summary EXECUTIVE SUMMARY Electronic Discharge Summary EXECUTIVE SUMMARY S. CHANDE, C. CHAHAL, N. GANDHI, A. HUSSEIN, K. MANOHARON. N. NURU S. CHANDE, C. CHAHAL, N. GANDHI, A. HUSSEIN, K. MANOHARON. N. NURU THE PROPOSAL There were 15 million discharge summaries produced for admissions into hospital last year. A staggering 80% of these were found to be inaccurate or incomplete and another 70% of these were reported as being severely delayed on a regular basis. This compromise to clinical care and patient safety is simply unacceptable. Our empirical market research has found that the majority of junior doctors, the principal users of discharge forms, were unhappy with the current systems in place. It has also been reported that on average junior doctors spend more time carrying out admin duties than in formal training and teaching sessions. There are electronic discharge systems present however, these have been described as insufficient as they lack comprehensive coding and in some circumstances...
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...Tutor’s Name: Noa Date: 24 / 05 / 2013 EXECUTIVE SUMMARY The Everest simulation is a five-player simulation requiring groups of students to work together to overcome challenges and obstacles in order to conquer the mountain and reach the summit. The designers, Harvard Business School, do their best in incorporating real life dangers such as unpredictable weather, fluctuating health conditions and oxygen scarcity into the virtual expedition. In doing so, teams must manage, plan organize and manage themselves so that they can perform effectively and achieve the ultimate goal of reaching the summit. In the simulation, the roles of being a physician, an environmentalist, the team leader, a photographer and a marathon runner, are delegated to each team member. If a team had more than five members, such as our team, the remaining members would assume the role of an observer. Each role had different personal information and goals tailored to them and the simulation encouraged players not to share personal information to others, thus mirroring real-life situations. In the past years, it has been shown that students generally learn from their mistakes in the first simulation and perform better in the second. However Team ‘_____ ’ deviated from this idea, starting with 50% and deteriorating to 38%. The major improvement in performance between the simulations can be explained by the intragroup changes between Everest 1 and Everest 2. This will be closely examined by comparing...
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...Report of my experiences of The Everest group simulation Jialing GUO Z5027270 Executive summary This report is an overview of my group experiences in the Harvard Everest simulation .Everest simulation is group work of students to use their own background knowledge of management attending to reach the summit of the Mountain Everest. It is required to complete by a group of students and students play one of five different roles on a team of hiker. Each member of the team has their unique goals to complete and there is also a common goal of reaching the Everest summit. During the simulated six-day climb, team members should analyze information on weather, health conditions, supplies, goals and hiking speed, and then determine how much of that information need to communicate with their teammates. Every decision that each member made will influence the team performance eventually. The aim for this simulation is to explore influences on collective decision-making, including opposing interests and cognitive biases, analyze different leadership approaches and team responses. Our group members include Raymond Duong, Anthony Le, James Peter Reid, Jialing Guo, Siqi Liu, Kazuya Ogino and Biljana Popovic. Our team score is 57% at the first time and only 28% at the second time. The quite low score our group earned may because the more risky decisions we made...
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...Report: Everest Simulation Table of Contents | Page # | 1. Executive Summary........................................................................................ | ..........3 | 2. Introduction..................................................................................................... | ..........4 | 3. Method & Results............................................................................................ | ..........4 | 4.1 Experimental Procedure | 4 | 3.2. Findings | 5 | 4. Discussion....................................................................................................... | ..........5 | 5.2 Communication | 5 | 4.2 Types of Leadership & Power | 6 | 4.3 Decision Making | 6 | 4.4 Conflict | 7 | 5. Conclusion..................................................................................................... | ..........8 | 6. References..................................................................................................... | ..........8 | 7. Appendices.................................................................................................... | ..........9 | I. Goals on Track | 9 | II. Team Contract | 10 | 1. Executive Summary During the semester, two Everest Simulation tasks were undertaken by a group of five people. This Everest Simulation was an online task which was to be completed as a team in order to determine...
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...Title Page Everest stimulation experience Analysis Student name: Zacui Lao Student number: Z3413905 Course: MGMT1001 Tutorial time: Tueday 5-6 pm Tutor’s name: Shanil .S Date: 19, May, 2013 Executive summary This paper is written to analysis the individual and team’s experience and results according to three course concepts 1) Communication; 2) Groups and Teams and 3) Leadership. It examines the theories on these three topics both form the course and outside the course combining personal experience. It has found that communication, although with many different forms. Writing skills, oral presentation and interpersonal communication are usually more valued. Organisation nowadays generally divides employees into groups and teams in order to achieve higher productivity and effectiveness. Lastly, leadership, despite the different theories relating to it, they all emphasise the importance of leadership in an organisation and it is always desirable. Table of contents Catalogue Title Page 1 Executive summary 1 Table of contents 2 Introduction 3 Body 3 Communication 3 Groups and Teams 5 Leadership 6 Conclusion 8 Appendices 9 Goals on Track 9 Team contract 9 Reference List 12 Introduction Throughout out the course of MGMT 1001, our assigned team with 7 members has conducted two simulations, during which each participant played different roles as climbers attempting to reach the summit. Both of the simulations were conducted face- to-face...
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...Executive Summary The Everest simulation is a team simulation designed to emulate real life group processes and the diverse range of intergroup interactions this entails. Developed by Harvard Business School, participants are grouped into teams of 5 (with an optional sixth member, the observer) that make a virtual climb up Mount Everest. Performance is assessed through both individual and team goals that are provided throughout the simulation. Members were allocated into groups randomly within tutorial groups and assigned roles within the simulation. I was assigned the role of environmentalist, but assumed the informal role as one of the team’s leaders. Our group as a whole managed to achieve a satisfactory 67% of team goals, and I managed to achieve 57% of my individual goals. The objective of this report is to critically analyse and reflect upon the intergroup interactions that lead to the successes and failings of our team. These successes and failings will be viewed through the lens of the theories and concepts developed in the course in order to gain insight into group processes and human behaviour. The report starts with analysing and breaking down human cognitive processes and social interactions through the tripartite attitudes model, cognitive dissonance theory and human perception biases. This gives a better understanding as to how intergroup dynamics can be improved in the future. The exertion and possession of power within the group is then analysed and the...
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...MGMT1001: Everest Report Andrew Lau A critical and reflective self-evaluation of my experiences during the Everest team simulation in the contexts of ‘attitudes, personalities & perceptions’, ‘power & conflict’ and ‘groups & teams’. Executive Summary The Everest simulation is a team simulation designed to emulate real life group processes and the diverse range of intergroup interactions this entails. Developed by Harvard Business School, participants are grouped into teams of 5 (with an optional sixth member, the observer) that make a virtual climb up Mount Everest. Performance is assessed through both individual and team goals that are provided throughout the simulation. Members were allocated into groups randomly within tutorial groups and assigned roles within the simulation. I was assigned the role of environmentalist, but assumed the informal role as one of the team’s leaders. Our group as a whole managed to achieve a satisfactory 67% of team goals, and I managed to achieve 57% of my individual goals. The objective of this report is to critically analyse and reflect upon the intergroup interactions that lead to the successes and failings of our team. These successes and failings will be viewed through the lens of the theories and concepts developed in the course in order to gain insight into group processes and human behaviour. The report starts with analysing and breaking down human cognitive processes and social interactions through the tripartite...
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...[pic] Executive Summary: The Mount Everest case can be summed up as inefficient distribution of leadership, skills and resources in the face of imminent natural disaster. Teamwork consist of interdependency, mutual accountability and understanding common goals and working with respect to each other’s complementary skills. Effective team’s consist of understanding perceptions of others and help motivate each other to continually work towards the common goal. Working towards a goal in a team usually does not run a straight course. In order to offset these issues that can come into play one may need to optimistically receive suggestions, abstain from narrow perceptions and outlook and trust on the team. Trust helps to create path for communication, collaboration, competence, commitment and ideas. Problem Statement: The goal was to reach the summit of Mount Everest and return safely. However the teams were unable to accomplish the task and this failure eventually led to human casualties. Causes: In the case Mount Everest -1996, Roberto and Cardioggia, factors that contributed to failure would include 1. Ineffective leadership (overconfidence, ego, and personality issues) 2. Lack of planning, 3. Poor communication 4. Poor teamwork. Precisely in this case, one of the main cause of catastrophe was that both Mountain Madness and Adventure Consultants proved to be a group but not a team. The members of the team did not share...
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...MGMT 1001 Assignment 2 – Report – 30% of Final Mark Report Focus: Write a report reflecting on your experiences of the Everest group simulation exercise this semester with reference to concepts and theories encountered in this course. Executive Summary Everest, a virtual game designed by Harvard Business School and Forio Business Simulations, forces players to challenge problems that arise and conquer them as a team. After viewing a frightening video that portrays the mountain climbing experience, students are arranged in groups of five and assigned different roles with varying description and goals, ranging from ambitious athletes to preservative environmentalists. Confronting numerous challenges such as oxygen scarcity, unpredictable weather and volatile health conditions, teams progress up the mountain, with the ultimate goal of reaching the summit. The game is intelligent in its simplistic design – it gives different goals and information to each player. The physician has knowledge on numerous diseases, but is unable to use it if the marathoner fails to announce her critical health condition – a probable situation as the game encourages players to hide the information. In hindsight, our team was given two attempts to complete the simulation. The first simulation was conducted with little experience and understanding of group members and roles. Formation of conspiracies led to discomfort due to conflicting personal goals, limited resources,...
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...Reflective Report: An analysis of Everest Simulations | Evaluating experiences | Joey Lai z3332966 | Executive Summary: This report is a reflection of the experiences of the two Everest Simulations, examining and analysing the individual’s actions and their role and the impact it has on the group. The discussion then incorporates theories of communication, leadership and organisational structure to compare and critically analyse the results of the simulations and determine the overall success of the team. The report will also analyse the changes and evaluate the impact past experience had on the decisions and results on the second simulation. Further the processes of interaction will be evaluated to determine its effectiveness, partially attributing our failure in the first simulation to poor communication and preparation. Table of Contents Executive Summary 0.0 Introduction 3 1.0 Preparation for Simulation One 3 2.1 Delegation of roles 4 2.0 Simulation One 4 3.2 Examining the medium of communication 4 3.3 Examining our roles 5 3.4 Discussion process 5-6 3.5 Simulation One results 6 3.0 Team Contract 6-7 4.0 Simulation Two: Adherence to Team contract 7 5.6 Leadership style 7-8 5.0 Comparing Results 8 6.0 Analysing Changes 8-9 7.0 Conclusion 9 8.0 Bibliography 9-10 9.0 Appendix ...
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...The reflection of my experiences of The Everest group simulation z3238040 Seung Kon Back ● The Executive Summary The team 1 was organised to perform two Everest simulations and its members were Seungkon, Florence, Yajia, Michael, Manas and Rebecca. This report is a record of experiences during the simulations and also aims to describe the team’s experiences and critically analyse the results and communication structures. It was found that the main factor of the team’s failure is attributable to poor performance of a physician and there were some communicative conflicts. A disappointing performance is linked with the concepts of cognitive dissonance, task cohesiveness and social loafing. It also was confirmed that the problem of communication is associated with several factors such as the linguistic barrier, stereotyping, different decision-making styles, the internet-network communication and different cultures. Table of Contents ● The executive summary p2 ● Introduction p4 ● Everest team experience p4-6 ● Analysis of team’s result p7-9 ● Analysis of team’s communication structures and experiencep9-11 ● Conclusion p12 ● Bibliographyp13-14 ● Appendicesp15-19 ● Introduction The members of team 1 (Seungkon, Florence, Yajia, Michael, Manas and Rebecca) were supposed to do Everest simulation at week 5 and 8. Before the first simulation, as I had not had any experiences with other members and also I had no experiences regarding Everest simulation, there was a lack of knowledge...
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