...Introduction: Human resource management (HRM) is the management of an organization's workforce. The concept HRM can understand that employees are resources of the firm. As a type of resource, human capital described in terms of their training, experience, judgment, knowledge and relationships of the employee characteristics that can help organization to get a great performance. In terms of business strategy, a company can succeed if it has a sustainable competitive advantage and human resources (HR) have necessary qualities to give organizations this advantage such as be valuable (provide high quality employees to perform many critical functions), be rare (looking for a talented and experience manager or technician), cannot be imitated (recruiting people who can do precisely the same thing and set up the systems that enable people to imitate your competitor),and not good substitutes ( cannot match committed and talented employees who are well trained and highly motivated.). Therefore, managing human resources effectively has become an essential element to the success of organization. There are several important HRM practices that should support the organization’s business strategy: analysis and design of work, HR planning, recruiting, selection, training and development, compensation, performance management, and employee relations. An organization has great performs when all of these practices are managed well. Google is the best company to work for in 2012 with two...
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...Software is managed and maintained by Saas provider The SaaS provider is responsible for the infrastructure The SaaS providers upgrade the software automatically SaaA: Users pay upfront for the application Dedicated instance of software is installed on user’s software Users are responsible for deployment, operation and maintenance of the IT infrastructure required for the application Users are responsible for upgrading software Example where it is being used The sheer number and diversity of companies now "in the cloud" is reminiscent of the power of this big revolution in the IT industry. SaaS has been incorporated into the strategy of all leading enterprise software companies. It has become a common delivery model for most business applications, including accounting, collaboration, customer relationship management (CRM), enterprise resource planning(ERP), invoicing, human resource management (HRM), content management (CM) and service desk management. Some of the most basic examples of cloud computing which we all use in our day-to-day life would be things like online...
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...Introduction Managing human resources effectively has become vital to organizations within the modern and fast‐paced business environment, more so as the economy the world over converge into a synapse of globally connected and interdependent sectors aimed at preserving and creating knowledge1 rather than products and services alone. The novelty in the market today demands innovation2 and trust3 more than mere comparative analysis of sales and market share, and the hierarchy of the centre and periphery model is evolving into a different paradigm. Human Resources specialists are more important in business strategies today for this very change in market dynamics – more so in the present economic situation of a global recession and downturn across industries and sectors. The focus has turned on HR Department at every organization – the survival lines are running drier with every passing week at the trading markets the world over, and the aim is not only to see through the recession, but more importantly4, to ensure employees are still committed to the organization. HR development acts as the mentor5 to its employees – guiding, training and educating them in the way of the industry and the organization. Well trained and competent employees, who are able to showcase themselves and their organization to the customers in a more effective manner, help in increasing customer satisfaction and overall clientele...
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...Google continually invests huge amounts of resources, whether monetary or people, into their research and development section; where technology is working at its best with projects that range from app developments that are applied to your mobile device to elaborate robotic devices. Some recently introduced technology is the Google Glass that has hit the shoppers market for just under a cool $2300. There are other Google technologies that are not commonly known, but by far are more interesting and have more of a positive future and social impact. Google offers the following technologies which will be discussed; which includes robotics, elevator to space, clean energy, smart thermostat, and smart contact lens are the unique possibilities to the future and mankind. In the past five years, Google has been known for acquisitioning robotic companies in order to develop their own robotics division; this Research and Development (R&D) laboratory is called Google X. Little is known about Google X and their doings, for security and privacy, just what is permitted and released by their Public Relations office. One of their most important acquisitions was Boston Dynamics who formally worked on robotics projects for the Pentagon (Smith, 2014). Google X is focusing on developing robots to perform the most ordinary of simple tasks around the home and workplace (Mack, 2011). But a more positive aspect is Google’s contribution to the War on Terrorism with their AlphaDog which is currently...
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...Nicholas G Carr in his article raises some key issues often discussed in our day-to-day lives. How important is Information Technology (IT) in our lives? Does it ease or complicate our activities. The author shares his opinion that Information Technology should be treated as a commodity and as a strategic position is losing its value. The author compares IT with electricity and railroads and concludes that they follow the same path. He illustrates phases of electricity and railroads and how they moved from having high opportunities to becoming invisible so much so that they did not matter. The author feels that IT does not have a competitive advantage and the importance given to IT management should be reduced. Although, the author raises some valid points I disagree with the author. In my opinion, Information Technology is an enabler and if used effectively and efficiently can bring remarkable success and help achieve a sustainable competitive advantage for an organization. In order to prove his point, the author distinguishes between proprietary technologies and infrastructural technologies. According to him, proprietary technology can reap high profits but infrastructural technologies are meant to offer more value when shared than when used in isolation. After few years the infrastructural technologies become known to everyone, thus eventually becoming a commodity and losing value. The author describes IT as such an infrastructural technology that is deemed to become...
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...INTRODUCTION ABC Telecommunications is a publicly traded, global, manufacturing telecommunications company who primarily sells copper and fiber products to customers like Verizon and AT&T/Cingular. Like many other telecommunication companies, ABC went thru a significant down-turn around 2000. Not only did offices and manufacturing plants get shut-down throughout the world, the morale and culture of ABC changed. ABC lost a lot of their highly skilled, highly valuable employees. They have consciously tried to hire “the best of the best” but yet they are not willing to provide the salaries and benefits to get those individuals. In fact, ABC has really been focusing on cost-cutting measures the last couple of years. Employee recognition and rewards are very rare, bonuses were not given last year, locations in the US continue to get shut down, and layoffs are frequent in order to get headcount and employee expenses down. Purchases of new computers and other technology equipment are considered an unnecessary expense. Understandably, turnover is high and those who stay tend not to be satisfied. Many leave quickly; others just complain and talk about how much better the company used to be. ABC was the organization reviewed in my OCI paper. ABC’s highest style rating was conventional and their second highest style was approval. Most employees feel the need to conform, to not get involved in any disagreements, and to have superficial relationships with their co-workers so...
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...SOAD DAHDAL AMERICAN INTERCONTINENTAL UNIVERSITY PRESENTING BUSINESS PLANS MGMT422 – 1202A - 02 ADVANCED ENTREPRENEURSHIP 04/22/12 Table of Contents I. Table of Contents……………………………………………………………….2 II. Executive Summary……………………………………………………………..3 III. Introduction …………………………………………………………………….4 IV. Business Description…………………………………………………………….5 V. Description of Proposed Product………………………………………………..6 VI. Definition of the Market…………………………………………………………7 VII. Organization and management descriptions………………………………….8 VIII. Marketing Strategies………………………………………………………….11 IX. Financial Management……………………………………………………………12 X. Appendixes…………………………………………………………………….12 XI. Plan Updating Check List………………………………………………………15 Executive Summary Find Your Gadget, Inc. is the name of the new S corporation I started to introduce my invention product “Ring – in Finder” to market. The industry is huge and the market is big and after researching the market, I found that there is a big demand for this type of product. Being difficult to fund the start – up my business; my best choice is to look for venture capitalists to adopt the idea and support my business financially and help me with the best management strategies advice to reach my goals and succeed with my venture. Convincing venture capitalists requires a solid business plan to be presented with...
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...IT Solution Company ABC SOLUTIONS innovatively yours!! Presented by: YOUSEF OMER Pre-Feasibility Study IT Solution Company DISCLAIMER The purpose and scope of this information memorandum is to introduce the subject matter and provide a general idea and information on the said area. All the material included in this document is based on data/information gathered from various sources and is based on certain assumptions. Although, due care and diligence has been taken to compile this document, the contained information may vary due to any change in any of the concerned factors, and the actual results may differ substantially from the presented information. We do not assume any liability for any financial or other loss resulting from this memorandum in consequence of undertaking this activity. Therefore, the content of this memorandum should not be relied upon for making any decision, investment or otherwise. The prospective user of this memorandum is encouraged to carry out his/her own due diligence and gather any information he/she considers necessary for making an informed decision. The content of the information memorandum does not bind us in any legal or other form DOCUMENT CONTROL Document No. Revision Prepared by Issued Date Revision Date Proposed Date PREF-53 2 YOUSEF OMER September 15, 2012 January 28, 2013 November 27, 2013 2 PREF-53/ January, 2013/Rev 2 ABC Company Pre-Feasibility Study IT Solution Company SERVICES OF THE COMPANY: The following...
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...Business Review Press, 2012). The New Corporate Garage Illustration: otto steininger Where today’s most innovative—and world-changing—thinking is taking place by Scott D. Anthony Quick: List the big companies that have launched paradigm-shifting innovations in recent decades. There’s Apple—and, well, Apple. The popular perception is that most corporations are just too big and deliberate to produce game-changing inventions. We look to hungry entrepreneurs—the Gateses, Zuckerbergs, Pages, and Brins—instead. The rise of fast, nimble, and passionate venture-capital-backed entrepreneurs seems to have made slow-paced big-company innovation obsolete, or at least to have consigned it to the world of incremental advances. But Apple’s inventiveness is no anomaly; it indicates a dramatic shift in the world of innovation. The revolution spurred by venture capitalists decades ago has created the conditions in which scale enables big companies to stop shackling innovation and start unleashing it. September 2012 Harvard Business Review 45 The Big Idea The New Corporate Garage Three trends are behind this shift. First, the increasing ease and decreasing cost of innovation mean that start-ups now face the same short-term pressures that have constrained innovation at large companies; as soon as a young company gets a whiff of success, it has to race against dozens of copycats. Second, large companies, taking a page from startup strategy, are embracing open innovation and less hierarchical management...
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...[pic] Human Resource Management within Janssen Pharmaceutical Table of Contents Page No. 1.0 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 2.0 Identify the formal relationship between the employer ‘Janssen pharmaceutical’ and their employees . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 3.0 Distinguish the techniques and methods used to attain the Janssen organization goals and objectives . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . 5 4.0 Design training strategy to reinforce business strategy. . . . . . . . . . . . . . . . . . . . . . . 7 5.0 Design and implement a training needs analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 6.0 Devise methods for cross- cultural diversity management . . . . . . . . . . . . . . . . . . . . 9 7.0 Explore the use of new technologies for the development of HRM efficiency and effectiveness . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 8.0 Identify the factors that impact on HRM in global markets . . . . . . . . . . . . . . . . . . . 12 9.0 Differentiate...
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...Tuesday April 14, 2015 Judy Nagy John Molson School of Business, Concordia 1450 Rue Guy Montreal, H3H 0A1 Re: Business plan, Ébéniste Jewelry Dear Professor Nagy, We have made the following plan as a business plan for Ébéniste Jewelry, in order to fulfill academic requirements as requested for the course of COMM 320 at John Molson School of Business. We would really appreciate feedback regarding this business plan. Thank you very much for your time. Sincerely, Ébéniste Jewelry team Ébéniste Jewelry Business Plan | COMM 320, Section R Professor: Judy Nagy Concordia University April 14, 2015 COMM 320, Section R Professor: Judy Nagy Concordia University April 14, 2015 | | Matheson Carroll 26980759 Zhao Chang Li 26380298 Andréane Leblanc 2 6491677 Liam Montgomery 26553354 Maya Safah 26443478 Wei Feng 26750125 Matheson Carroll 26980759 Zhao Chang Li 26380298 Andréane Leblanc 2 6491677 Liam Montgomery 26553354 Maya Safah 26443478 Wei Feng 26750125 TABLE OF CONTENTS Executive Summary 7 Concept/Goals and Objectives 8 Industry Analysis 9 Trends 9 Key Success Factors 10 Industry Forces 11 Target Market 12 Industry Competition 12 Market Potential 13 Benchmark 13 Window of Opportunity...
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...Introduction 1.1 Concept of Job Satisfaction and Literature Review Human recourse is the most precious asset of any company and organization. The ability of a firm to mange their “people” would directly make impact on its functioning and future. The concept of job satisfaction, to some extent, acts as a toolkit for managers to evaluate their workforce and may help to make improvement according to the results. This can be defined as “ the degree to which people like their jobs and different aspects of their jobs.” (Paul E.Spector, 1997). People who achieve high job satisfaction would enjoy their work and see it as their main part of life. On the other hand, some people do their jobs only because they have to. The cause and consequence of employee’s job satisfaction is one of major domain in many social science studies, especially within organizational behavior field. Researches and investigations have paid high attention to employee’s job satisfactions to see whether it affects workers’ performance and productiveness. It is also very common for many companies to implement assessment, where employers are concerned with employee’s physical and psychological well-being. Literature on job satisfaction can be chased back to the beginning of 1930s, where systematic studies about the nature and drivers of job satisfaction were carried out (Manisera, 2005). Numerous studies have been conducted to determine which is the most important factor to make people happy with their jobs. A review...
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...1 Copyright © 2014 SuccessVantage Pte Ltd All rights reserved Published by Winter & Alvin No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopied, recorded, scanned, or otherwise, except as permitted under Canadian copyright law, without the prior written permission of the author. Notes to the Reader: While the author and publisher of this book have made reasonable efforts to ensure the accuracy and timeliness of the information contained herein, the author and publisher assume no liability with respect to losses or damages caused, or alleged to be caused, by any reliance on any information contained herein and disclaim any and all warranties, expressed or implied, as to the accuracy or reliability of said information. The publisher and the author make no representations or warranties with respect to the accuracy or completeness of the contents of this work and specifically disclaim all warranties. The advice and strategies contained herein may not be suitable for every situation. It is the complete responsibility of the reader to ensure they are adhering to all local, regional and national laws. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that neither the author nor the publisher is engaged in rendering professional services. If legal, accounting...
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...Delivering Strategic Value • Planning and Strategic Management • Ethics and Corporate Responsibility • International Management • Entrepreneurship Strategy Implementation Organizing: Building a Dynamic Organization • Organization Structure • Organizational Agility • Human Resources Management • Managing the Diverse Workforce Leading: Mobilizing People • • • • Leadership Motivating for Performance Teamwork Communicating Controlling: Learning and Changing • Managerial Control • Managing Technology and Innovation • Creating and Managing Change PART ONE Foundations of Management The three chapters in Part One describe the foundations of management. Chapter 1 discusses the imperatives of managing in today’s business landscape and introduces the key functions, skills, and competitive goals of effective managers. In other words, it discusses what you need to do and accomplish to become a high-performing manager. Chapter 2 describes the external environment in which managers and their organizations operate— the context that both constrains and provides opportunities for managers. It also discusses what can be described as the organization’s internal environment: its culture. Chapter 3 discusses the most fundamental managerial activity: decision making. Because managers make decisions constantly, sound decision-making skills are essential for good performance. 3 CHAPTER 1 Managing Management means, in the last analysis, the substitution of thought for brawn and...
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...globalization debate and understanding the impact of ethics on global businesses. Additionally, students will explore the evolution of international trade from past to present, with a focus on how firms and professionals can better understand today’s complex global business arena by understanding the impact of political and legal factors. The section concludes with a chapter on understanding how cultures are defined and the impact on business interactions and practices with tangible tips for negotiating across cultures. WHERE? Section two develops student knowledge about key facets of the global business environment and the key elements of trade and cooperation between nations and global organizations. Today, with increasing numbers of companies of all sizes operating internationally, no business or country can remain an island. Rather, the interconnections between countries, businesses, and institutions are inextricable. Even how we define the world is changing. No longer classified into simple and neat categories, the rapid changes within countries are redefining how global businesses think about developed, developing, and emerging markets. This section addresses the evolving nature of country classifications and helps develop a student’s ability to comprehend the rationale of how to analyze a specific country’s stage of development—rather than just memorize which countries are emerging....
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