...Tanglewood Case 2 Table 1.1 Markov Analysis Information Transition probability matrix Current Year Previous year: ( 1 ) ( 2 ) ( 3 ) ( 4 ) ( 5 ) Exit 1. Store Associate 0.43 0.06 0.00 0.00 0.00 0.51 2. Shift Leader 0.00 0.54 0.16 0.00 0.00 0.30 3. Department Manager 0.00 0.00 0.64 0.06 0.00 0.30 4. Assistant Store Manager 0.00 0.00 0.06 0.52 0.08 0.34 5. Store Manager 0.00 0.00 0.00 0.00 0.66 0.34 Forecast of Availabilities Next Year (projected) ( 1 ) ( 2 ) ( 3 ) ( 4 ) ( 5 ) Exit Previous year: Current Workforce 1. Store Associate 8,500 3655 510 0 0 0 4335 2. Shift Leader 1,200 0 648 192 0 0 360 3. Department Manager 850 0 0 544 51 0 255 4. Assistant Store Manager 150 0 0 9 78 12 51 5. Store Manager 50 0 0 0 0 33 17 Gap Analysis Next Year (Projected) ( 1 ) ( 2 ) ( 3 ) ( 4 ) ( 5 ) Year-End Total 3655 1158 745 129 45 (Column Sum) External Hires Needed 4845 42 105 21 5 (Current Workforce-Total) After analyzing the environmental scan it appears that Tanglewood will likely have issues meeting future staffing demands. Based on the scan there are adequate management candidates however, due to Tanglewood’s policy, these candidates would be required to begin employment as store associates. Due to this policy and the company’s staffing goals to hire an exceptional workforce there will be a large disparity between viable candidates available for management...
Words: 951 - Pages: 4
...Developing an international manager Written and researched by Milan Manasievski Class: Concepts and principles of international management Lecturer: Bruce Gahir Introduction: In the paper that you are about to read I will describe in depth the differences between the eastern and the western style of management and processes that take place when adopting and using different management styles. In order to narrow it down and to make it a bit easier and more understanding for the reader I specifically chose two different countries to compare. The countries are different in almost every way regardless how you look at it. Different cultures, different values, different politics, people etc. The countries that I have chosen are China and USA. In this paper I will use a case study where a Chinese manager is sent to USA to manage a cross cultural team or professionals in order to meet the project requirements and deliver the work on time and 100% completed. Country profile: China Many of us were witnessing the economic growth and development of China and few other countries in Asia in the last few decades and this is one of the most important events in the history. This growth continues today and there is no actual reason why it shouldn’t continue indefinitely unless the highly unlikely event of international conflicts and war. China at present is the world’s leading economy. It has attracted about $450 billion of direct foreign investments from which 90% percent...
Words: 4171 - Pages: 17
...Executive Summary The Bogor Declaration made in the 1994 Summit meeting was spectacular achievement establishing in ultimate direction of the APEC progress. The goals of “free trade and investment in the region” clearly asks the member economies to make commitments to liberalize their trade and investment regime. Unfortunately, however, the progress to achieve the Bogor goals for the past 10 years has been so disappointing and undermined the momentum of the APEC process. He comes the importance of Bogor Goals. In spite of varying perception, it is the single most important goal of APEC cooperation. Next session will be more on ASEAN summit in Singapore 1992. And will show its ASEAN free trade area as a framework of initial cooperation. The third session will be much more interesting, will report about Osaka Agenda 1995 its 3 pillars of action, Shanghai Accord 2001 on trade facilitation plan and the APEC meeting in Busan 2005 for mid term stock. The mid term stock relates to the Bogor Declaration of 1994. The Bogor Goals set out in the declaration underpin all APEC plans and actions. Specifically, all member economies have determined to realize free and open trade. Table of Contents 1.0 Research into the original goals of forming APEC as an informal grouping 2.0 Include the resolutions of ASEAN Summit in Singapore in 1992 in launching an ASEAN Free Trade Area schedule as a framework of initial cooperation 3.0 Elaborate on the following...
Words: 1640 - Pages: 7
...key drivers of decorative paints are: • Robust economic growth leading to higher disposable income. • Continued growth in real estate sector. • Change in perception towards painting. • Launch of affordable houses. • Shift in demographic profile resulting in increase in number of households. • Various innovations by market players. ASIAN PAINTS: Asian paints was started in 1942 by four entrepreneurs – Chimanlal Choksey, Champaklal Choksey, Suryakant Dani & Arvind Vakil as a partnership firmfor manufacturing paints, in a garage rented for Rs.75 a month in the Kheda District in the state of Gujarat as a collection of small plants. Over the course of 25 years, i.e. in 1967, Asian Paints became a corporate force. The company has come a long way since its small beginnings in 1942. It was set up as a partnership firm by four friends who were willing to take on the world's biggest, most famous paint companies operating in India at that time. Over the course of 25 years, Asian Paints became a corporate force and India's leading paints company. Driven by its strong consumer-focus and innovative spirit, the company has been the market leader in paints since 1967. Today, it is double the size of any...
Words: 969 - Pages: 4
...From Followers to Market Leaders: Asian Electronics Firms in the Global Economy Henry Wai-chung Yeung Department of Geography, National University of Singapore, 1 Arts Link, Singapore 117570 (Tel: 65-6516 6810; Fax: 65-6777 3091; Email: HenryYeung@nus.edu.sg; Homepage: http://courses.nus.edu.sg/course/geoywc/henry.htm) Forthcoming in Asia Pacific Viewpoint, Vol.48(1), pp.1-30, 2007. Acknowledgement An earlier version of this paper was presented as the Asia Pacific Viewpoint Lecture at the International Geographical Union Regional Congress, Brisbane, Australia, 3-7 July 2006. I would like to thank Asia Pacific Viewpoint and the editor, Warwick Murray, for inviting and funding me to deliver the lecture. Conference participants also offered some useful comments. The paper was subsequently revised and reworked while I was a Visiting Researcher at the International Centre for the Study of East Asian Development (ICSEAD), Kitakyushu, Japan, 10 July to 9 September 2006. I am very grateful to ICSEAD for its generous Visiting Researcher scheme and ICSEAD colleagues for their comments on an earlier version of this paper that was presented at an ICSEAD public seminar and appeared as an ICSEAD Working Paper (No.2006-16). Further helpful comments from anonymous reviewers are much appreciated. The NUS Academic Research Fund (R-109-000-050-112) supports the research project underpinning this paper. I am grateful to all corporate and institutional interviewees for their generosity and helpfulness...
Words: 14480 - Pages: 58
...one of the top brands globally (Kwong & Wong, 2011). Weaknesses * The N-Gage is seen as a flop * Being the market principal and its high role in Symbian is giving the company a bad picture, just like Microsoft in the PC sector. * The brand is slow in adopting new ways of thinking. For example in clamshell phones which are favored by many customers. * Leverage its communications to get favor and a stronger status with carriers (Kwong & Wong, 2011). Opportunities * enhance their presence in CDMA industry, which they are * New developing markets where product adoption still has space to go, like India and other countries. * Use its infrastructure strategy to get first choice and a stronger status with carrier (Kwong & Wong, 2011). Threats * Delay in the game in 3G causes a risk to be surpassed by leaders such as Motorola, LG, NEC and others and Asian OEMs who are coming into the market aggressively (Kwong & Wong, 2011). Reference Kwong, K., & Wong, K. (2011). Vertu: Nokia’s luxury mobile phone for the urban rich. Watertown, MA: Harvard Business Publishing. Appendix I SWOT Quadrant Strengths * Is a major player in the mobile market through its majority possession of Symbian shares? * Nokia has cost...
Words: 412 - Pages: 2
...The South Asian Association for Regional Cooperation (SAARC) is an organisation ofSouth Asian nations, which was established on 8 December 1985 when the government of Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka formally adopted its charter providing for the promotion of economic and social progress, cultural development within the South Asia region and also for friendship and co-operation with other developing countries. It is dedicated to economic, technological, social, and cultural development emphasising collective self-reliance. Its seven founding members are Sri Lanka, Bhutan, India, Maldives, Nepal, Pakistan, and Bangladesh. Afghanistan joined the organisation in 2007. Meetings of heads of state are usually scheduled annually; meetings of foreign secretaries, twice annually. It is headquartered in Kathmandu, Nepal. The objectives and the aims of the Association as defined in the Charter are:[3] • to promote the welfare of the people of South Asia and to improve their quality of life; • to accelerate economic growth, social progress and cultural development in the region and to provide all individuals the opportunity to live in dignity and to realise their full potential ; • to promote and strengthen selective self-reliance among the countries of South Asia; • to contribute to mutual trust, understanding and appreciation of one another's problems; • to promote active collaboration and mutual assistance in the economic, social, cultural, technical...
Words: 2709 - Pages: 11
...diversity 9 Secondary research method 10 Primary research method 10 Interview 10 Findings and Discussion 11 Findings from secondary research 11 Managing diversified customers 11 Recommendations and Conclusion 13 Conclusion 13 Recommendations 13 References (Harvard Style) 17 Introduction Introduction to subject area It is a well known fact that success of the hospitality industry depends on the high quality services provided to the customer. It is the responsibility of the leaders to motivate and inspire employees to deliver a higher quality services for the success of the organization. With the increasing globalization, the leaders in the hospitality industry also come across through different challenges. Employees from diverse background, culture, and beliefs work in a hospitality industry. In this regard, it is necessary for leaders in the organization to understand and respect the values and beliefs of the subordinates. It will help leaders to inspire the subordinates for a better performance. In a highly globalized hospitality industry, both employees and customers, may belong to diverse cultural backgrounds, so it becomes...
Words: 5625 - Pages: 23
...Therefore, your proposal should include basic information about who you are interviewing. Make sure that your proposal clearly answers the following: (Integrate these answers in your paragraphs; don't make a list of your questions and answers.) What are you going to write about? Why did you choose this topic? Based on your topic, what are the main issues you will explore? What is the thesis (or the tentative thesis) of your final paper? Who are you interviewing for your paper? Why? What are your other sources? (Remember that there should be at least two sources in addition to your interview.) What do you intend to prove with this paper? What, in your view, is the relevance of your topic? I am going to write about being Asian and more specifically being Chinese in a particular part of the United States in the 21st century. I will explore the perception that some non-Chinese people have of Chinese people in the US and also explore the pros and cons, in terms of public perception, of being Chinese. I chose this topic because this would be a good study of stereotypes, as well as a venue to express the truth about my identity. The ttentative thesis of my final paper is to find the truth about my identity, it includes three parts, the first part is the perception that some non-Chinese people have of Chinese people in the...
Words: 2287 - Pages: 10
...Published by: Asian Economic and Social Society ISSN (P): 2309-8295, ISSN (E): 2225-4226 Volume 5(4)2015, www.aessweb.com Journal of Asian Business Strategy journal homepage: http://aessweb.com/journal-detail.php?id=5006 LEARNING ORGANIZATION AND COMPETITIVE ADVANTAGE-AN INTEGRATED APPROACH Muhammad Farrukh Institute of Graduate Research, SEGI University Malaysia, Malaysia Abdul Waheed School of Business and Economics, University of Management and Technology, Lahore, Pakistan Abstract The major purpose of this conceptual paper is to integrate the view points of different researchers about leaning organization and competitive advantage and then to develop a proposed model of Learning organization. After the in-depth study of literature we concluded that learning organization is an organization which learns through its members individually and collectively to create competitive advantages by developing a facilitative system through the process of self-development and information sharing by empowering the employees.. The paper also finds some critical factors which must be present in the organization to become a learning organization. These factors are Innovation, facilitative leadership, self-development, empowerment, and information sharing and collective collaboration. The paper tried to explain the similarities and differences among the previously available models of learning organization and proposed a new theoretical model for LO. Keywords: Learning...
Words: 3183 - Pages: 13
...Korea & Japan Trip Spring 2001 NTT DoCoMo and Japan’s Wireless Industry Anu Bhave Haakon Brown Will Chu Jose De Oteyza Mario Lewis Wendy Miller Luis Pintado NTT DoCoMo seems to have the elements of a successful global player. First, it is in a promising market. The wireless phone market is growing rapidly and industry forecasts predict more than half the world’s population will own a cellular phone by the year 2003, a much higher penetration rate than computers. Furthermore, based in Japan, DoCoMo has the advantage over American and European counterparts, like AT&T, Sprint and Vodafone AirTouch, of being closer to the 3.3 billion person Asian market. In addition, DoCoMo is at the leading edge of technology and is expected to be the first mobile operator to launch a 3rd Generation (3G) wireless network by Spring 2001. NTT DoCoMo Background In 1959 Nippon Telegraph and Telephone (NTT) entered the telephone industry in Japan with an offering of maritime telephone service. They added paging services in 1968, car telephone services in 1986, and in-flight public telephone service in 1987. In 1991 NTT established a separate company to provide wireless communication offerings, NTT Mobile Communications Network, Inc. This new company was then spun off by NTT in 1992, ultimately resulting in one of the biggest initial public offerings for the time in 1998, and is now 67.1% owned by NTT with the balance of shares owned by public investors. By 1993...
Words: 3322 - Pages: 14
...Risk Management in the Asian Banking Sector “What is the best strategy for the implementation of Enterprise Risk Management in the banking sector of the highly expansive but volatile Asian economy?” I chose to do an in-depth study of this area of risk management because as I am Australian, it is extremely important for me to start to fully understand the workings of our closest economic partner and the future of our economy which is driven by the expansive growth that is rolling through Asia. I was also intrigued into the steps needed to fully adopt a risk management system in an entity. It should be noted that the focus of this paper is on the developing region of South-East Asia and less on the more developed parts of Asia including China and Korea. Matthew Dichiera 11167674 Contents 1 – Introduction 2 – 1997 Asian Financial Crisis and effect on vision of risk management 3 – Overview of risks faced by banks in the developing Asian region 4 – Importance of Enterprise risk management (ERM) 5 – Strategies of implementing ERM and the challenges associated. 6 – Conclusion 7 – References Introduction The Asian economy is a vehicle of highly expansive growth and even higher volatility, it is an area of the economic world which must be treated with much anticipation and be viewed with excitement but also must be monitored and watched extremely carefully as was shown by the infamous Asian financial crisis of 1997. Opportunities for growth are high, which...
Words: 3953 - Pages: 16
...Leadership is the concept and practice of inspiring members of an organization or a project into pursuing a revolutionary vision set by knowledgeable leader with the aim of achieving an organizational goal. This report will highlight leadership as to how it applies to all levels of management in organisations and the role of leaders to internal and external stakeholders. This report will also identify and evaluate various conceptual frameworks and models that will be used to explore leadership as a concept. Introduction If one could consider an organization as an independent entity, with its plethora of goals and objectives to achieve in line with its mission, then one must also endeavor to find out the lifeblood that keeps the organization running. Such would be leadership; according to a smart definition by Steve Zeitchik, CEO of Focal Point Strategies, leadership is inspiring others to pursue a revolutionary vision within the parameters set, to the extent that it becomes a shared effort, a shared vision, and a shared success by every member of the organization (Focal Point Strategies, 2014). According to Winston and Patterson (2006), a leader is one or more people who selects, equips, trains, and influences one or more followers and focuses the follower on the path of achieving the organization's mission and objectives, causing the follower to willingly and enthusiastically expend spiritual, emotional, as well as physical energy in a concerted coordinated effort to achieve...
Words: 2393 - Pages: 10
...internationalize. Since its foundation in 1942, Asian Paints Limited, an Indian chemical company headquartered in Mumbai- India, has come a long way to become India’s largest paint company with a turnover of 10 billion pounds. The company operates in 17 countries and has 25 paint manufacturing facilities around the globe servicing consumers in over 65 countries. Asian paints has always been a leader in the paint industry, pushing new concepts in India like color worlds, home solutions, color next and kid’s world. The company has progressed notably since its small beginnings in 1942. It was set up as a partnership firm by four friends who were willing to take on the world’s biggest, most famous paint companies operating in India at that time. Over the course of 25 years, Asian Paints became a corporate force and India’s leading paints company. Driven by its strong consumer-focused and innovative spirit, the company has been the market leader in paints since 1967. Today it is double the size of any other paint company in India, manufacturing a wide variety of paints for decorative and industrial use. Asian paints aims to become one of the top five decorative companies worldwide by leveraging its expertise in the higher growth emerging markets. Simultaneously the company intends to build long-term value in the industrial coating business through alliances with established global partners. In order to achieve those goals, Asian Paints has employed the following strategies to help...
Words: 1303 - Pages: 6
...Case #1 Avon Products Inc. is the world’s leading direct seller of beauty and related products. which operatingIt operates in over 100 countries and but primarily operating in North America, Latin America, Europe, and Asia Pacific. Avon was very successful from 1920 to 2008, by selling and marketing its products through a direct selling approach that catered to stay-at-home moms and women who remained at home while their husbands worked. However, as women gained upwards mobility in terms of job opportunity in the modern age, this the direct sales approach began to produce inadequate results. As a result, the strategic management at Avon made a number of far-reaching decisions based off the rapidly shifting global market. Some of tThese decisions would inevitably doom the company into a decline in sales that it would never recover from. In this analysis, we will go overdiscuss the reasons these strategic mistakes were made, and talk about the consequences that followed. As mentioned previously, Avon’s primary customer base were women who stayed at home. As a result, much of their sales policy involvedfrom 1920-2008, Avon’s door-to-door salesmen who were immensely popular at the time and enjoyed great success. However, as socio-economic factors and the driving force that was the modern society gave more andchanged, more women took the chance to work outside their homes., Avon was forced to employ new methods to both sell their products and distribute their brand....
Words: 971 - Pages: 4
