...Strategic Alternative Implementation-Action Items and Action Plan After selecting the most appropriate strategy (that is, the strategy with the highest probability of enhancing a firm's strategic competitiveness), you must consider effective implementation. Effective synthesis is important to ensure that you have considered and evaluated all critical implementation issues. Issues you might consider include the structural changes necessary to implement the new strategy. In addition, leadership changes and new controls or incentives may be necessary to implement strategic actions. The implementation actions you recommend should be explicit and thoroughly explained. Occasionally, careful evaluation of implementation actions may show the strategy to be less favorable than you thought originally. A strategy is only as good as the firm's ability to implement it effectively. Therefore, effort to determine effective implementation is important. Process Issues You should ensure that your presentation (either oral or written) has logical consistency throughout. For example, if your presentation identifies one purpose, but your analysis focuses on issues that differ from the stated purpose, the logical inconsistency will be apparent. Likewise, your alternatives should flow from the configuration of strengths, weaknesses, opportunities, and threats you identified by the internal and external analyses. Thoroughness and clarity also are critical to an effective presentation. Thoroughness...
Words: 305 - Pages: 2
...delivery, and inspired the very creation of Redbox. Regardless of all the competition, if Netflix can remain on the cutting edge of their craft, by continuously offering the latest releases and the most far-fetched options; they should be able to maintain their competitive advantage, because they offer a valuable, reliable service at a consistent price. 2. Reed Hastings’ strategic change and rapid reversal affected Netflix’s fourteen million customers in several ways. First, the company launched a streaming-only plan for $7.99 per month in November 2010, and increased the cost of each DVD plan by $1. Customers interested in both services, were able to sign up for the streaming plan and add DVDs for $2. Netflix was incorrect in their assumption that most users would drop their mail service, due to the fact that the DVD collection offered a much better selection than online streaming. Only eight months later, Netflix unleashed another new pricing plan that would go into effect September 1, 2011; unlimited streaming, with no discs,...
Words: 809 - Pages: 4
...that need to be made within the company. Included are dates of certain events, such as ordering, delivering and payments. The unit and dollar volume for all products manufactured at Riordan are documented in this database. Marketing research and plans from the past are currently kept in a file cabinet that is accessible to staff to use as reference and a learning tool. Employees can search the research that has been done on certain topics pertaining to the products. This saves time for the employees performing the tasks and helps the employee to forecast the possible results of certain issues. This also prevents mistakes from the past being made again, resulting in a variety of outcomes that could have been prevented if that past knowledge was present. The Sales database includes the 15-20 major customers of the company; this includes a government contract for fans. According to the intranet site, the company also has 12 minor customers that they service. With this system, each member of the sales department is responsible for maintaining their portion of the database. As it states in the intranet site, there is an inconsistency in the method of the record taking by the various employees. To obtain consistency, there needs to be one database, and one method of input. Management should agree on one system, preferably one that is integrated with the rest of the systems of the company. There should also be an agreement of one method; electronic or paper and pencil...
Words: 468 - Pages: 2
...two products have become the staple of firm due to increased demand, the headlamp and sidelamp. Due to the increased in sales, the decision was made to install an MRP system with the future goal of transferring to an ERP system. Although the MRP system was working, the decision was made to find a system that would exceed expectations. Analysis The analysis indicates that the MRP report shows a shortage. The shortages were resulting from having poor timing with the scheduled releases. By moving forward promptly, the scheduled receipt will document the information so that the imbalances can be corrected. There is no indication if the scheduled receipt could be pushed through quicker. FFI also has a concern as there is no formal plan is in place to ensure that the MRP is being used efficiently. There are also complaints from the shop supervisor that there is no certainty when it comes to scheduled receipts. As the concerns arise the MRP system was put in place to alleviate the problems in knowing that the system has more advantages. An advantage of the MRP system is that it allows scheduling the proper amount of staff according to the demand. The analysis shows that FFI worked together in obtaining information regarding the concerns to develop a strategy and acknowledged that the company needs to take the MRP system a step further. Appendix 1 will provide an overall view of the planned order release schedule and MRP records for both the Headlamps and Sidelamp. ...
Words: 466 - Pages: 2
...IT Systems administrator appraisal form IT Systems administrator appraisal form This free sample/template/form of job performance appraisal include information as follows: 1. Employee Details • Employee Name • Review Period • Position • Date of joining • Department • Review Date • Line Manager 2. Key duties/responsibilities of IT Systems administrator State your understanding of your main duties and responsibilities of IT Systems administrator, for examples: • Perform on-site and remote technical support. • Assist in the organization and inventory of all hardware and software resources. • Monitors and maintains the use of the library’s photocopiers and printers. • Develops, maintains, and monitors procedures for all server backups. • Maintains excellent communication with the IT Manager on all tasks and projects. You should design a table for this area that include columns: No, duties, weight, core, comments. 3. Key result areas (KRAs) of IT Systems administrator Using the 4-point scale below, please assess your employee performance in the following areas: • 4 – Performance was always successful, consistent and respectable and at times clearly superior and exceeding standards. • 3.5 – Performance was at most times clearly superior and exceeding standards. • 3 – Performance was successful, consistent, and respectable in every regard with few exceptions. • 2.5 – Performance at times was inconsistent and did not meet standards. • 2 – Performance at most times...
Words: 603 - Pages: 3
...Personal Leadership Strength and Weakness Analysis Leadership (SAT2) – Task 2, Part D Course Mentor: Dwane Thomas September 5, 2012 D-1. Strengths One of the strengths that were reiterated more than once during my peer evaluation was the fact that I was able to communicate well. As the facilitator of my group, I was given feedback stating that I communicated “effectively,” had “meaningful ideas” and facilitated the group with a “great sense of direction.” I believe my strength of being able to communicate well with my team members is an asset that I can possess within a working environment. Communication is a strong suite because it allows a person to not only understand situations, but also keep others aware as well. Within our group setting, by sending out a group email on a weekly basis to make the team aware of where we stand and what we have to do next, I was able to not only confirm for myself the timeline and goals we had to abide by, but also keep the team members on the same page as me. This act of communication would be tremendously helpful in a working environment because it shows a sense of direction, organizational skills, commitment to the group, and also participation within a team setting. Since in a working environment a person needs to be aware of a multitude of group settings (management team, co-workers, employees of other departments, associated agencies/clients of the company, etc.), facilitating communication is important for the completion...
Words: 644 - Pages: 3
...withholdings. Payroll systems should be thorough without being overly complex and cumbersome, and they should be designed thoughtfully enough to work well with a minimum of oversight. Having a well-designed payroll system is in the best interest of employees, business owners and human resources staff. 2.2 Scope And Limitation Accuracy Accuracy is an important objective of a payroll system, because employees are entitled to be fairly compensated for the work they have done, and a company's financial well-being depends on not overpaying employees for the time they have worked. In addition, businesses are liable for payroll taxes on employee earnings as well as remitting payroll taxes that have been withheld from employee paychecks. Consistency A payroll system has many components, and the information in each section should be internally consistent. An employee's weekly wages over the course of a month should add up to the system's sum for his monthly wages, and the weekly totals for all employees over the course of the month should add up to the monthly total for all employees. Cost-Effectiveness A payroll system should be cost-effective by performing calculations efficiently and not taking more of the bookkeeper's time than necessary. In addition, an effective payroll...
Words: 333 - Pages: 2
...Aristotle’s Model: The Play as a Whole In Aristotle’s Poetics, Aristotle emphasizes three major elements of a good play: plot, character, and thought. To be more specific, in an Aristotelian play, thought sets the cause of action with character as emotion developer based on plot as the basic form. Besides these three main factors, the idea that a play should be a complete whole is also the basis of the Poetics (Aristotle 61). Therefore, when comparing the choices Lobby Hero by Kenneth Lonergan and The Philadelphia Story by Philip Barry for the play of the season, unification and regularity of all three elements. After comparing and contrasting both plays, Lobby Hero fits the Aristotle’s model’s three elements, plot, character and thought better than The Philadelphia Story does because Lobby Hero has a more consistent development of action, characters’ personality and emotions. The imitation of one action is very essential to construct a complete plot. Lobby Hero constructs a smooth unity of action in all of its plots while The Philadelphia Story’s imitation is vague. Although both plays have connected actions that make the structural union of all parts, Lobby Hero has a more surrounded action which is the pursuit of right things. Jeff repeatedly shows his ambition of lending help. For example, he praises William’s kindness when William is baffled by his brother’s incident; he also emphasizes his importance as a “safety specialist” to make himself sound superior. These series...
Words: 1454 - Pages: 6
...Module 3 Discussion Read Case 4-1 (“JetBlue Airways: Regaining Attitude”) in Corporate Communication and respond to the following: •Clearly and concisely identify what was the most significant business problem JetBlue faced and support your claim. •Assess and identify the critical constituency issues. •Articulate what you believe are the three most desirable outcomes. •Discuss at least three communications best practices implemented by JetBlue. Post your initial response to the discussion question no later than Thursday 11:59 PM EST/EDT. Post responses to at least two classmates no later than Sunday 11:59 PM EST/EDT The most significant business problem JetBlue faced during the 2007 crisis was inadequate communication. In this case JetBlue CEO David Neeleman stated, “Among the primary culprits: inadequate communication protocols to direct the company’s 11,000 pilots and flight attendants about where to go and when; an overwhelmed reservation system; and a lack of cross-trained employees who could work outside their primary area of expertise during an emergency” (Argenti, 2011, p.105).JetBlue spokesperson Sebastian White stated, “We thought there would be these windows of opportunities to get planes off the ground, and we were relying on those weather forecasts” (Argenti, 2011, p.104). This risk taking by JetBlue ultimately lead to several critical constituency issues. Nine JetBlue jets were forced to sit idle on the tarmac for more than six hours....
Words: 660 - Pages: 3
...UOPX Material Comparative Data Resource: Ch. 14 of Health Care Finance Complete the following table by writing detailed responses to the questions. Provide examples where indicated. Cite the sources in the text and list them in the last box of the table. References are required. |What criterion must be met |The 3 requirements are persistence, confirmation, and system measurement. | |for true comparability? | | | |Persistence is when assessing data it should remain consistent to make sure that the data being analyzed is completed so by the same list of principles. | | | | | |Confirmation is significant, all data must be confirmed. All data organized regardless of whom it can be confirmed by anybody because everybody is using the same group of principles. When | | |the work is being gone through by someone else they must all create...
Words: 706 - Pages: 3
...withholdings. Payroll systems should be thorough without being overly complex and cumbersome, and they should be designed thoughtfully enough to work well with a minimum of oversight. Having a well-designed payroll system is in the best interest of employees, business owners and human resources staff. 2.2 Scope And Limitation Accuracy Accuracy is an important objective of a payroll system, because employees are entitled to be fairly compensated for the work they have done, and a company's financial well-being depends on not overpaying employees for the time they have worked. In addition, businesses are liable for payroll taxes on employee earnings as well as remitting payroll taxes that have been withheld from employee paychecks. Consistency A payroll system has many components, and the information in each section should be internally consistent. An employee's weekly wages over the course of a month should add up to the system's sum for his monthly wages, and the weekly totals for all employees over the course of the month should add up to the monthly total for all employees. Cost-Effectiveness A payroll system should be cost-effective by performing calculations efficiently and not taking more of the bookkeeper's time than necessary. In addition, an effective payroll...
Words: 333 - Pages: 2
...STI College – Muñoz EDSA Inventory Management System of an Appliance Store A Project Presented to The Faculty of STI College – Muñoz EDSA In Partial Fulfilment of the Requirements for the Degree of Bachelor of Science in Computer Science by Majadas, Ellayn S. Cabato, Jonathan Lal, Depak Franco, Chester John BT402A CARLEX ROL JALMASCO Project Adviser December, 2015 Chapter 1 1. Introduction: Company Background The company gets their stocks from different companies (who sells appliances) and paid it by terms. Their recording of products, sales, purchases, expenses and inventory are in manual form. The accountant manually computes and totals the amount of monthly sales, purchases, expenses, tax and inventory. In this kind of system, missing receipts, sales, purchases, expenses and inventory records are hard to track back. The manual inventory system will be replaced and organized by developing an “Inventory Management System”. Inventory Executive System is a complete inexpensive system for management of sales, purchases and payments. This system will help you in creation invoices, sale orders, purchase orders, receiving lists, payment receipts, product labels and any kinds of the reports for monitoring your business. 2.1. Statement of the problem 2.2.1. General Problem The company are currently using manual system in getting inventory. These kinds of system have lots of problems like: * Less efficient...
Words: 433 - Pages: 2
...former job duties that were not aligned with job descriptions, just to name a few. All of these things could present conflicts and issues for the companies as they strive to complete company goals. I think companies’ market competitiveness is most important for the company’s competitive advantage. If a company is not competitive with the current mart it could face layoffs due to lack of work or it may even have to outsource labor and materials for lower financial challenges it may be faced with. Some pros and cons could be companies with cheaper benefits or even companies that are folding due to loss or lack of business; and of course our economy and its recession. As I see it, all of these are issues and can affect both the internal consistencies and market competitiveness. Currently the organization I am employed by has outsources our benefits, payroll and a few other essential benefits because of our budget and lack of federal funding. For companies performance management to be effective there should be a evaluation tool in place to properly measure employees performances. As an example, my own company has an evaluation tool in place which has not been very effective in the past and now I as a supervisor have to deal with unhappy employees because of past evaluation ratings. After completing the evaluations under my supervision, I had many employees go over my...
Words: 391 - Pages: 2
...Manual Critique Nathan Coffman ENG/221 October 6, 2014 Nancy Henderson Manual Critique I will start by saying that I chose a manual completely at random. For my critique I chose to use a manual I found online for an Avaya 3920 wireless telephone. The five criteria I had set for the manual beforehand were: it needed to be written in the second person, it needed to have a table of contents, it needed to be easy to understand/non-technical, the terminology needed to stay consistent throughout, and the manual needed to appear professional. The first thing that I noticed when the manual opened was that the first few pages were essentially legal notices. There was also a portion about the author/s making their best effort to make sure everything was accurate at the time of writing. I thought that was a good way to start. They seemed to cover all of their bases from a legal perspective. After getting through the legal notices, I found the table of contents. Ding, Ding, Ding, it matched one of my criteria. The table of contents was laid out, in my opinion, just the way it should have been. It started out with the introduction and all things a person would expect with that. (Welcome, brief description of the manuals layout, and it gave a website where the user can get more information.) The other sections in the table of contents were mainly for installation and setup. After I got through examining the table of contents I started to read the actual manual. The main...
Words: 735 - Pages: 3
...This week I have chosen to apply the ‘Don’t overextend yourself’ and ‘Aim for Consistency, Not Perfection’ methods into my daily routine as a way to hold myself accountable. Don’t overextend yourself By definition the word Overextend, means to obligate, or expand beyond a safe or reasonable limit. I have been known to be a people pleaser. I have done some evaluation both on a professional and personal level and acknowledge that I am in the grip of a disorder some people might call manic compression—trying to do everything perfectly in an attempt to please everyone around me. While everyone around me is enjoying their life, I am not wondering how I got myself there. This week I have made a choice to not commit myself to something I do not want to do, or to concede out of obligation. I have two incidents that I encountered this week professionally and personally that I would like to share. This past week, a friend of mine asked if her 20 year old son could stay at my home while she continued to live with her sister as she was looking for an apartment for the both of them to live in. I found myself faced with a conundrum, she has been there for me during some of the most challenging times of my life and I felt obligated to help her out in this situation. On the other hand, I do not want to live with her son because it would make me feel uncomfortable and I value my personal space. I do not want to take on that responsibility because her son has been known to make questionable...
Words: 891 - Pages: 4
