...Matrix Organization As per my study and personnel view matrix Organization is the best way to handle a team or a organization. A matrix structure can be defined as “a mixed group of team where resulting two chain of command – one along functional lines and the other along project lines.” It means that here a two team functional and project team work together under one project manager and one top management. And to work in matrix organization there are lots of challenge. The first disadvantage of a matrix company is that project staff member have two bosses : the Project Manager and the Functional Manager. It conflicts of interest and a battle of authority are sure to arise at some point. Another disadvantage is that having two manager is much more expensive than simply having a functional manager who also play a role of a project manager from time to time. After these disadvantages there are lots of benefits of a matrix company, If they are using their resources as well way. And to make a matrix company effective and more successfull the leader must be full of confidence and experience.To work effectively as a functional resource manager or as a project manager in a matrix structure, leaders need:- A:- Organizational Thinking:- It means a leader having deep knowledge of formal and informal organization and using that knowledge to make all decisions. B:- Influence:- It’s clearly means that the effect of someone or something on any development. Means your way of thinking...
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...I were alwayes want to be a management person so I did what ever I can do to be a part of management team and I accomplish that goal with in two years and became a business development manager which was my first goal of carrer. After working as BDM for one year, managing development team, working with clients,etc I always feel lack of management skills, what ever I learn with siliconswift software solution is not saficient for me. I talked to my program manager Ajay Rathore and he is the first person who suggest me to go for MBA. he said that if my real goal is to a successfull manager I have to go for MBA. The decision to pursue an MBA was difficult to make and there were many factors to consider. Those factors include timing, expenses, being out of school for a long time and simply having the motivation. The rewards are endless and far out weigh the aforementioned factors. Earning a degree is important because it improves quality of life, expands knowledge, it’s a great investment towards a great career, and it gives a sense of accomplishment. After comming to America I always wanted to get MBA graduate degree that will help reach my personal and profesional goal and my job career move.when I came across this this MBA program in University of Phoenix, it was evident that it was the right time to deside and pursue the MBA program not only to reach my personal goal however, it can assist me in becoming a more eficient leader in my current...
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...flexibility in refining their protocols. (d) Effective communication and ethics is also critical. Doctors and nurses commit to their profession not only for financial gain, but also because they value human life and want to make a difference in the world by preserving life. They are also sensitive to their patients’ needs. Without these values it would not be feasible for the hospital to maintain their success and reputation of delivering therapy to restore blood flow to heart attack patients in only 90 minutes or less. This huge accomplishment can only be achieved when the foundation and core values of an organization are strong. 2. Why must a person's work habits match the team culture in the hospitals depicted above? A person’s work habits must match the team culture in the hospitals depicted above because according to the case study, for an employee to be successfull is work habits must match the culture of the organization...
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...the entire lifecycle including how feedback from the end user that will influence the future of the application. Testing is a distinct phase of a project although depending on your Project Methodology, we may go through this testing phase several time with each iteration of deliverable. Basically, it will go through Define - Analyze - Develop - Test – Deploy. In developing a system you should know all the aspect of the system and all the involved in the system development. So we dont need to choose on both parties because the comments and suggestion of the management and end user are important. To complete the development of the system you need to gather all the data to all the stakeholder. Sometimes some data can be gather to the management level and other data can be collected...
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...Case 2 Client: Family-owned Manufacturing Topic: Turnaround Situation Our client was: * A small family-owned manufacturing company * Facing significant cash flow problems * Experiencing problems based on leadership and organization * Requiring a turnaround strategy to get the organization back on the right track Challenges The challenges facing us were in: * Successfully turning around the client's situation so as to make the best of the current situation * Working within a short time frame Actions The actions we took to address these challenges were: * Diagnosed the situation and assessed where the source of problems lay * Developed recommendations on what could be best leveraged as a strong basis for the turnaround * Provided a timely solution for the most pressing problems while developing a plan for leadership and organizational change Results Our actions resulted in: * A successfull turn-around of the organization * Replacement of the CEO of the organization * ------------------------------------------------- Getting the organization successfully back on its way to success JD’s Restobar: The Newest Eroreco Restaurant Eroreco is known for the famous Pamilya Grill restaurant, Rinjin, the Japanese restaurant and now, on the same street JD restobar has opened! Opening Night! The food is your average Filipino food. However JDs restobar has cheap, cheap prices. The food is average and won’t break your wallet. The prices are student friendly...
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...1. Why was Starbucks so successfull? First of all, because I believe Starbucks' success is undoubtedly due to their focus on what customer service and employee satisfaction really means. A book I've read about this company, The Starbucks Experience, explains in great detail the foundation for this company's management strategies and how it's made them the success that they are today. In this company, the employees and customers are held much higher than in most organizations. According to a Hewitt Associates Starbucks Partner View Survey, Starbucks employees have an 82% job satisfaction rate. Starbucks's is one of the famous brand in the world in term of beverages, they are very successful because their coffeeshop are very a lot. They can make a coffee into a lifestyle that are very strategic and the market of the brand is very wide due to the increasing of consumption of coffee around the world. Secondly, one of the most important attributes of Starbucks is consistency and taste. Consistency because there’s no guessing what the product will be or how much it’ll cost. What’s more, you can be sure that the atmosphere is teriffic, there’ll be seats, outlets, and free WiFi. Then about the taste, the beverages espesialy coffee at Starbucks is what people love and makes people are willing to come back again and again. In other words, when you think about coffee you directly think about Starbucks. 2. How does Starbucks differ from other coffee house? One of Starbucks'...
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...the project managers across any work scope or vertical is to ensure that the planned projects get finished well in time within the given budget and the planned time frame. Project management is one of the most high ranking areas of study and plays a meaningful role in organizations across all the scope. The main responsibilities of the project manager contain appropriately and strategically mapping available backup with the project. A project manager need to check and identify the different kinds of risks and also need to identify the danger of the project on time to avoid the delaying in project due date. There are both good and bad side in being as project manager. Some people will help company to finish up the project on time while others may lead to a danger. Likewise is the case of a project manager responsible for the overall construction of a new international airport. The project is huge with lots of stakeholders and unimagined level of complexities.The dependency map drawed in following picture and the were cateorgazid according to most cooperative group and least cooperative group. Construction of new international airport Airlines, Homeland, Carpenters, Design Architect, Workers Organization, Contractors , Electricians, Machine Operators, Government Agencies, Politicians, Business Leaders Neighborhood Committee and Environmental groups Least Cooperative Group Most Cooperative Group The majore group of people that are likely to...
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...industry that how the customers, employees and the organization benefits by using the perceptions , attribution principals, and learning theory of organization and behavior practices. 1. Discuss why Joe’s employees need to understand the importance of how people form perceptions and make attributions. Perception is defined as a process by which individual selects, organizes, interprets and responds to information. Attribution is how individuals understand and explain causes of behavior and events including the behavior of themselves and of others. (wikipedia.gov). Perceptions & Attributions play a key role in a business and it can lead to making a sale or losing a sale. The customers perception and attributions helps the sales professional to control and understand how a potential customer perceives them and also the product he is attempting to sell. This is considered as impression management (Hellriegel and Slocum. 2011. pp.117). Success for a salesperson often lies in the nuances of social behavior and the skills for building relationships and controlling another person’s perception. Convincing the customer in perceiving that the product is of great value and the product is worth the money spent is important in the sales process and is a form of impression management. The perception of a sales professional that he or she has the authority and can be trusted by the customers is the mantra for an successfull sale. Furthermore, they need to be able to overcome...
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...Skills and mind set required for a successfull CFO ; 1. More Fox instead of Hedgehog As Isaiah Berlin, the twentieth century historian and philosopher, analagy the hedgehog and the fox. The hedgehog knows only one great thing, it has a single oberacrhing idea that controls its view of the world and human nature. The fox knows many things and prepared to adapt to a complex view of the world ( Hedgehogs and Foxes: Character, Leadership, and Command in Organizations by A. Zaleznik) As published in Owl Bookkeeping and CFO Services, under article Foxes vs. Hedgehogs, it stated that Hedgehogs basically rely on one — maybe two — general theories about the world and what can be expected. Foxes, on the other hand, are constantly seeking out alternative...
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...Term Name the common cable types used today | | Definition UTP, STP, and Fiber Optic | | | Term What unit of measurement is a tenfold logarithmic ratio of power output to power input? | | Definition Decibel | | | Term Name 3 things that can contribute to attenuation. | | Definition Conductor Resistance, Mutual Capactitance, Impedence. | | | Term Name 3 types of crosstalk. | | Definition Near end cross talk, Far end Cross Talk, Equal Level Far end cross talk. | | | Term Name an organization which is part of the US goverment and controls communications. | | Definition FCC | | | Term What is the National Fire Protection Association responsible for? | | Definition to help protect people, property, and the environment from fire damage. | | | Term A telecommunications room can sometimes be referred to as what? | | Definition An enclosed space for housing telecommunications equipment. | | | Term Backbone cabling includes what? | | Definition The physical/electrical interconnections between telecommunications rooms and equipment rooms. | | | Term What is NOT a network architecture commonly used today? | | Definition | | | Term Name some characteristic about 10Base-T networking? | | Definition max cable length is 100 meters UTP | | | Term According to the NEC, article 800.100, Primary protectors shall be grounded: | | Definition The grounding conductor shall be insulated | | | Term What...
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...Introduction This paper aims to discuss and analyze structural transformation of the FedEx corporation through e- business by using different strategic perspectives presented during the course Strategy- Process, Content, Context. Firstly, I will present the brief history timeline of the FedEx Corporation with the main highlights that are important for my discussion. Then in the part Business level strategy I will try to explain how the company related their business with its environment. From its very beginning in 1973, FedEx had transformed itself from the express delivery company to a global logistics and supply- chain company and invested a lot of money into the IT systems1, which in my opinion implies outside- in perspective. Corporate level strategy part deals with the diversification of the FedEx in order to become more than just a express delivery company. Taking into account the international context of the company I will discuss the global convergence perspective and how FedEx positioned itself there. The international context part will discuss how FedEx expanded globally and how FedEx positioned itself under the Global convergence perspective. History of the FedEx Corporation2 Federal...
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...1. At the time Palm Pilot was launched, Palm was in the in the industry of hand-held computers. In order to assess the attractiveness of the hand-held computer industry, Porter’s 5 Forces will be used. Threat of Entry: Low Customer switching costs were low in this case, as vendors have the option to choose from different suppliers that offer products within the same industry. Should one supplier, such as Palm, start to fall behind competitively, vendors can easily switch to the more popular supplier Palm Inc. has an incumbency advantage over new entrants. Palm gained the cumulative experience from past failed strategies. This experience has enabled them to conclude that reconceptualising the aim of their product was necessary. Palm began to stray away from the aim of PDA substituting laptops, and began replicating a pen and paper style instead. The Power of Suppliers: High Firstly, the suppliers of the hand-held computers industry must be identified. Assuming that Palm Pilot supplies themselves, they are suppliers alongside Motorola, Sony, Nokia, and Microsoft. Palm, being the first to launch a successful PDA device, had a significant amount of power in this industry as their brand was the most recognizable, and their product was in high demand, dominating the market share. Through the Palm Pilot, Palm introduced “the first successful hand-held on the market” (Pp. 2). Palm’s product was indeed the best of all PDA options on the market and it differentiated itself both...
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...FACULTY OF ECONOMICS AND MUALAMAT BACHELOR OF MARKETING FOR FINANCIAL SERVICES MARKETING STRATEGY CASE 4: NASCAR (A BRANDING SUCCESS) PREPARED BY: NAJIHAH BINTI AHMAD ABDILLAH 1110967 Report Submitted to Mrs. Azlinda bt Lahadzir SEMESTER V SESSION 2013 CONTENT Introduction …………………………………………….. 3 History ………………………………………………….. 4 Key Issue ………………………………………………. 5 NASCAR’S challenges ………………………………... 5 NASCAR’S Branding Strategy………………………… 6 Questions and Answers ………………………………... 7 - 9 Conclusion and Recommendation …………………… 10 INTRODUCTION The National Association for Stock Car Auto Racing (NASCAR) is a family-owned and -operated business venture that sanctions and governs multiple auto racing sports events. It was founded by Bill France, Sr. in 1947–48. As of 2009, the CEO for the company is Brian France, grandson of Bill France, Sr. NASCAR is the largest sanctioning body of stock car racing in the United States. The three largest racing series sanctioned by NASCAR are the Sprint Cup Series, the Nationwide Series, and the Camping World Truck Series. It also oversees NASCAR Local Racing, the Whelen Modified Tour, the Whelen All-American Series, and the NASCAR iRacing.com Series. NASCAR sanctions over 1500 races at over 100 tracks in 39 US states and Canada. NASCAR has presented exhibition races at the Suzuka and Motegi circuits in Japan, Mexico, and Calder Park Raceway in Australia. NASCAR's headquarters are located in Daytona Beach, Florida, although it also...
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...Entrepreneurship Session 1 Olivier Witmeur September 2011 2 Desired outcomes of the session • • • • Introduce the course Tour de table What is entrepreneurship, what are the key constructs Who is the entrepreneur • AGENDA 1. Introduction 2. Course design and organisation 3. About entrepreneurs 4. What entrepreneurship is GEST-S547 - 2011-2012 © Olivier Witmeur 3 1. INTRODUCTION 4 What have these companies in common? • • • • • • • Delhaize , Colruyt, Leclerc, Sears & Roebuck Solvay, Pfizer, Yves Rocher Citroen, Renault, Ferrari McKinsey, Deloitte & Touche, JP Morgan McDonald, Neuhaus Dell, Hewlett-Packard Siemens, Dyson GEST-S547 - 2011-2012 © Olivier Witmeur 5 Examples of successfull entrepreneurs GEST-S547 - 2011-2012 © Olivier Witmeur 6 Entrepreneurship is … (3 minutes) GEST-S547 - 2011-2012 © Olivier Witmeur 7 La laiterie du Berger – Danone Latitudes GEST-S547 - 2011-2012 © Olivier Witmeur 8 2. COURSE DESIGN 9 Desired outcomes of the course • Understand why entrepreneurship matters • Introduce key-concepts and best practices in various settings • Develop your entrepreneurial mindset • At the end of the course each student must be able to: – Assess entrepreneurial opportunities in various contexts – Identify and master the main challenges associated with their exploitation – Understand when and where entrepreneurial management style is relevant End-up with more open...
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...as a leader? Elizabeth Holmes was actually born as a leader. She has all the characteristics and has been raised into the most appropriate environment for reaching the actual performance, no matter the operating field. She is brilliantly smart, highly innovative and very ambitious. Her genius was the main reason for her to start this business and do it so well. However, there are many other reasons, usualy small things which can, to a certain time, change somebody’s life completely. Her fear for needles and blood taking was the reason for her to start thinking about a revolutionary way of having blood tests in an easier, faster and as reliable as the standard procedure is. Her genius combined with great courage to give up the college education and to start the business created the conditions for her to become a truly leader, although, as stated before, she is a natural born leader, characteristic obvious since she was a child and she stated that she will do something special . As I can deduct based on limited informations about her, I can see her pretty similar to Steve Jobs, therefore she is very determined and persuasive on ther cause. She is performance oriented not money oriented, as she’s paying all her efforts to fulfill her dream which is related to better services for humans, not making profit as her goal. Her aim is to change the world. Besides personal characteristics, other factors have shaped her as a leader. Personal examples of others, like...
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