Free Essay

Group Collaboration and Web 2.0 Applications: Knowledge Sharing/Retention, Innovation and Talent Management

In:

Submitted By cnagel01
Words 2215
Pages 9
Group Collaboration and Web 2.0 Applications: | Knowledge sharing/retention, innovation and talent management | | | | [Type the author name] | 8/16/2009 | |

Instructor Background
Affiliated Computer Services, Inc. (ACS) is an outsourcing company for business process outsourcing and information technology services and has more than 70,000 employees worldwide. ACS has three divisions: IT services, Government Solutions and Financial and Accounting Services (F&A). The contractual agreements between ACS and the clients are not uniform. Each contract has specific Service Level Agreements (SLA) that ACS must perform. In the event that the SLA of the contract is not meet on a monthly basis then financial penalties are assessed according to the contract.
The Mission Statement describes to goals of the company. The following two excerpts from the Mission Statement are an important to the success of ACS in providing exceptional service to the clients:
We will design innovative solutions to meet our clients’ business requirements and deliver only the highest quality of service.
We will marshal talented, committed people and create an environment in which they can grow professionally through their achievements.
In addition to the Mission Statement, the core of the ACS culture is referred to as the Hustle Principle. The Hustle represents a “can-do” attitude. In essence, the Hustle Principles require above average individual and team performance, dedication and achievement to provide top quality service to the client by going above a beyond of what is expected.
Abstract
Group collaboration has many uses and this report focus on three primary aspects: Knowledge sharing/retention, innovation and talent management. Knowledge sharing, innovation and talent management are the driving forces for companies to remain or gain competitive advantages, thus, supporting a Web 2.0 in-house-networking system should be viewed as a part of strategic planning.
The development of this proposed plan will benefit ACS by reducing the risk of penalties from service level failures because knowledge and information can be stored in a central location accessible by all employees. The research provided in this proposal will support the need for this tool in order for ACS to remain the premier service provider in the industry.
Purpose of the Report
The objective is to develop effective group collaboration using a social networking type system to improve knowledge sharing, innovation and preparing for the millennial workforce/talent management. The networking system will be an ASC developed system customized to meet this objective.
Background of the Topic
The primary purpose of this topic is to improve knowledge sharing among the different contracts to ensure that all SLA’s are obtain to prevent penalties from be assessed by the client. As ACS continues to grow, the need for problem solving will continue to increase and ACS has a wealth of knowledge but employees have no way to share this knowledge. This knowledge includes best practices used by the individual contacts which provide innovative and high quality service to the clients. This can be accomplished by creating a group collaboration system using Web 2.0 application. The Web 2.0 application will be similar to current social networking sites, such as Facebook; however, the proposed site will be for business networking.
According to an article in the Market Wire, 2008, “we identified a clear shift among organizations to look towards workforce collaboration and Web 2.0 tools to connect people, generate content, capture knowledge and make it easily accessible”. The use of a company networking systems would accomplish this objective.
Knowledge sharing has been a concern for many organizations because as the “Baby Boomer” generation begins to retire and employees leave an organization the years of knowledge these people have also leave the organization. Although this is a concern for ACS the major concern is to prevent financial penalties. Since best practices are not share among other contracts then management of new contracts do not have the benefit of the knowledge from existing, successful contracts. Organization which are complex in structure, as ACS is, often have to rely on the skills of management and the expertise of employees to achieve strategic goals (Magdaleno, A., Cappelli, C., Baiao, F., Santoro, F., & Araujo, R., 2008).
In addition, according to Magdaleno, etal, 2008, “business processes rely heavily on tacit knowledge. For that reason, they increasingly face the challenge of making information easily accessible and shared”. ACS needs a Group collaboration system to overcome this problem of knowledge sharing and developing a company networking seems to be a viable solution.
Innovation is an important part of the ACS Mission Statement. This is the heart of ACS because the client’s expect ACS to solve problems with innovate ideas. Currently, clients do not want be told that they have problems; rather, clients want ACS to identify the problem and provide a solution. A business networking system will provide ACS with “collaborative tools” that will give ACS an opportunity to “unlock organization-wide and global intellect, and use that to foster the joined up thinking that will drive innovation” (Bicknell, D. 2009).
Millennial workers are the next generation of the workforce. This generation has grown up with technology and embraces technology as no other generation has. “Millennial workers have differing attitudes regarding technology use and adoption in a work environment, when compared to their older colleagues” (Millennia Workforce, 2008). In order for ACS to continue to grow, ACS needs to improve technological resources to draw this young, talented generation. Group collaboration is natural to this generation and they expect to have this type of resource available to them.

Discussion of Current Issues
The current technology used for group collaboration is email, teleconferencing with WebEx capabilities. These methods are effective for meetings, presentations and communication to the client and other remote ACS employees; however, these methods are not effective for knowledge sharing and can inhibit innovation.
Email is the primary communication method used for corresponding important issues. This method of communication can be limited due to the architecture of the mail system. For instance, one contract has a problem and is looking for possible solutions, currently; one would have to email the current ACS population to find out if another contact had a similar problem and what the solution was. This would be ineffective given that ACS has over 70,000 employees and just think even is only an eighth of the employees responded that would equate to over 8,000 responses. Not only is this inefficient, but unrealistic that the recipient could read all the responses.
The situation described above shows that email is not effective for knowledge and information sharing because the email systems are limited due to the architecture; therefore, collaboration and employee interaction is also limited (Chapin, K., 2007). Whereas, with a Web 2.0 application these limitation can be overcome because a central location can be created to store knowledge which include best practices and problem resolution.
In addition, information retrieved via e-mail will only benefit the employee requesting the information then the information is usually stored on a hard drive not accessible by other employees (B., E., 2009). This process also inhibits the collaboration effort to retain capital intellect.
The proposed networking system would be an additional resource available to employees. This system not only acts as a central location for best practices but this will also allow employees to connect with one another. “The goal is not for co-workers to build purely virtual relationships, but to make connections to the right person or right piece of intellectual capital and then pick up the phone. It’s just a new spin on an old technique” (B., E., 2009).
Innovation is another factor to consider for the use of the application. ACS in the past has tried to inspire innovation from employees by running periodic contest; however, innovation cannot be restricted to a timeframe. Truly innovative organizations “develop and implement a forum for sharing. Promote the open exchange of ideas and collaboration among co-workers and team members. The forum could be face-to-face meetings or doing so online with message boards or blogs” (Ebersole, G., nd.). Face-to-face meeting are not practical at ACS since the workforce is spread out across the United States and globally.
Millennial workforce seeks out innovating companies. According to an article in Computerworld by Douglas Schweitzer, 2009, “they’re used to having all sorts of innovative tools, whether at home or at school, and coming to a work environment where they suddenly have to make do with slower connections or limited Web access just isn’t tenable. I’d go so far as to say that they consider the company old-fashion and not competitive if it can’t (or won’t) maintain the latest equipment available”.
Recommendation
A specific event prompted this proposal which will be used as an example to reinforce the need for an ACS networking system. One of the contacts, specifically the UTC project, was being penalized for months for SLA failure relating to the statement of work (SOW) concerning the debit balances on the books of client.
The account payable group was not performing within SOW; therefore, the contract was incurring monthly penalties and the client was not happy with the level of service. The penalties incurred for almost a year before someone thought to ask a manager of another contract on how they handled this portion of that contract. Apparently, this contract had a similar problem and this team was able to develop a solution to manage this process efficiently and effectively; therefore, preventing financial penalties and exceeding the client’s expectations. If this knowledge had been accessible then the penalties incurred could have been prevented.
Group collaboration and Web 2.0 applications have been increasing found to have a positive impact on organizations especially for knowledge sharing/retention, innovation and talent management. The Aberdeen Group has conducted research in these areas and the research supports the need for companies to develop in-house-networking sites. The subsequent paragraph(s) is research obtain from the Aberdeen Report (Martin, K & Saba, J., 2008).
The Aberdeen Group identified the Best-in-class organizations for use of Web 2.0 technology. The results from the Aberdeen Report, 2008 on collaboration and talent management are as follows:
Workforce collaboration: “The best in class organizations apply these tools both tactically and strategically…Tactically these tools were used to facilitate project-based team work with 64% of the organizations stating that this method was the number one method in which collaboration tools are used. Strategically, these organizations use Web 2.0 tools to connect workers with subject matter experts 69% of the time. Best-in Class organization are more likely to focus on capturing institutional knowledge, expertise and experiences, codifying it, and making it available throughout the organization for a myriad purposes” (Martin, K & Saba, J., 2008).
Talent Management: “Recruiting..helps internal recruiters stay connected to active and passive job prospects. This tool can be use to connect new employees with those who can be critical to their success, including mentors and coaches. Learning and development plays a critical role in an employee’s professional development” (Martin, K & Saba, J., 2008). This is the type of environment that will attract and retain young talented employees.
Based upon, the research provided in this report a formal recommendation to develop and implement a Web 2.0 in-house networking tool would greatly improve the efficiency and profitability of ACS. In addition, this type of tool will foster knowledge sharing/retention, innovation and talent recruitment to continue to drive ACS as premier service organization.

Bibliography
B., E. (2009, June). A New Generation of Systems Integration. CIO Insight, Retrieved August 16, 2009, from Devry University on-line library. Business Source Premier database.
Bicknell, D. (2009). Collaboration drives innovation. Computer Weekly [serial online]. April 28, 2009:14-16. Retrieved on July 17, 2009 from DeVry University on-line library. Business Source Premier database.
Chapin, K. (2007, May). Enterprise collaboration via ECM. Integrated Solutions. Retrieved on July 17, 2009 from http://www.isminfo.com/index.php?option=com_jambozine&layout=article&view=page&aid=5501&Itemid=69
Ebersole, G (nd.). 20 tips to initiate & inspire innovation, from your strategic thinking business coach. Retrieved on August 15, 2009 from http://ezinearticles.com/?20-Tips-To-Initiate-and-Inspire-Innovation,-From-Your-Strategic-Thinking-Business-Coach&id=732486
Magalhae Magdaleno, A., Cappelli, C., Araujo Baiao, F., Maria Santoro, F., & Araujo, R. (2008, Fall2008). Towards Collaboration Maturity in Business Processes: An Exploratory Study in Oil Production Processes. Information Systems Management, 25(4), 302-318. Retrieved August 2, 2009, from DeVry University on-line library. Business Source Premier database
Martin, K & Saba, J. (2008). Workforce collaboration and web 2.0: Improving productivity by facilitating knowledge transfer, The Aberdeen Group. Retrieve on July 17, 2009 from http://www.mzinga.com/a/pdf/mzingair-workforcecollaboration.pdf
Millennial Workforce: IT Risk or Benefit? (2008). Retrieved on July 17, 2009 from http://www.infosectoday.com/Articles/Millennial_Workforce.htm
Schweitzer, D. (2009, July). Younger workforce demands innovative tech tools, Computerworld. Retrieved on July 17, 2009 from http://www.pcworld.com/businesscenter/article/168481/younger_workforce_demands_innovative_tech_tools.html

Glenn Ebersole
Level: Platinum

J. Glenn Ebersole, Jr. is a multi-faceted professional, who is recognized as a visionary, guide and facilitator in the fields of marketing, public relations, management, ... ...

Similar Documents

Premium Essay

Knowledge Management and Knowledge Management System

...Table of Contents 1. Introduction 1.1 Why Knowledge Management and Knowledge Management System Matter …………3 1.1.1 Definition of Knowledge, Knowledge Assets, Knowledge Management and Knowledge Management System ……………………………………………………………………………….3-6- 1.1.2 Evolution of Knowledge Management and milestone …………………………………………6 2. Contents 2.1 Managing Knowledge in the Digital World and organization is a vital task ………………… …7 2.1.1 Benefits and motivations of leading organizations under-taking of KMS ……………… 7-9 2.1.2 Challenges of organizations under-taking KMS …………………………………………….9-10- 2.2 Strategies of Utilizing Knowledge Management …………………………………………………10-14 2.3 Management Systems 2.3.1 Management System Structures ……………………. ………………………………………. 14-17 3. Real Case Study ……………………………………………………………. 18-22 4. Conclusion ..……………………………………………………………………23 5. Reference ………………………………………………………………………24 1. Introduction 1.1 Why Knowledge Management and Knowledge Management System Matter ______________________________________________________________________________ To open KM topic, we have a few questions want to ask you: (1) Do you have a KM system? What is Knowledge Management (2) How to start a sharing culture? (3) Is the KM system aligned with the business strategy? (4) Is there a KM solution for my organization? From the following, we will try to find out the answers for your reference. __________________________...

Words: 3580 - Pages: 15

Premium Essay

Commerce

...concept need to be created. The initial planning need to explain how to conduct the advertisement that can successful achieve the goal. After that, determine the targets whether they are mass market, group or individuals. Before create an advertising campaign, you should know to whom you are advertising the product. You can identify the targets by the demographics factor such as gender, age, income and others. Then, determine the method that can be achieve to the target. Different advertising technique will be used to achieve different type of target. For example, you can achieve individual targets by email or group targets by social network such as Facebook. Next, launch the campaign toward the targets group by the method that determine before. For example, launch the campaign through in-store display or distribute the coupon. Last, measure and analyse results. Analysing a campaign after its completion is needed to assist a company in understanding the campaign’s success. The new knowledge then used when planning future campaigns. 2a. Definition and concept of e-learning. (4m) Definition: * E-learning is the online delivery of information for purposes of education, training, or knowledge management. Concept: * It is a Web-enabled system that makes knowledge accessible to those who need it, when they need it, anytime, anywhere. * E-learning are refer to any method of computer-enhanced learning such as learning and teaching portal, wikis, educational...

Words: 4165 - Pages: 17

Premium Essay

The New York Times and Boston Scientific

...use information technology in different ways to foster innovation and maintain an edge in their respective industries. The New York Times used a shared service across nearly two dozen newspapers, a radio station and more than 50 web sites. Its role is to accelerate entry onto new platforms by identifying opportunities, conceptualizing, and prototyping ideas. They also partner with other companies such as Netflix to produce an interactive map that shows most popular Netflix rentals. New York Times have also been able to come up with other products like Times Widgets, and Time Wire. Boston scientific on the other hand creates a machine Goldfire software that provides the right mix of openness and security for data to enable employees share information. The main goal is to have any engineer to be able to access the research of their colleagues. This is getting achieved without throwing security out the window. Q1 According to Wikipedia, Shared services refers to the provision of a service by one part of an organization or group where that service had previously been found in more than one part of the organization or group. Shared services are dedicated units structured as centralized point of service and is focused on defined business functions. These are similar to collaboration which might take place between different organizations. New York Times faced with touch times decided to create a research and development group, in 2006 that operates as a shared service across nearly...

Words: 2431 - Pages: 10

Premium Essay

Daimler-Chrysler Merger Portrayal

...Knowledge Management Tools and Techniques Practitioners and Experts Evaluate KM Solutions This page intentionally left blank Knowledge Management Tools and Techniques Practitioners and Experts Evaluate KM Solutions Edited by Madanmohan Rao AMSTERDAM • BOSTON • HEIDELBERG • LONDON NEW YORK • OXFORD • PARIS • SAN DIEGO SAN FRANCISCO • SINGAPORE • SYDNEY • TOKYO Butterworth-Heinemann is an imprint of Elsevier Elsevier Butterworth–Heinemann 200 Wheeler Road, Burlington, MA 01803, USA Linacre House, Jordan Hill, Oxford OX2 8DP, UK Copyright © 2005, Elsevier Inc. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. Permissions may be sought directly from Elsevier’s Science & Technology Rights Department in Oxford, UK: phone: (+44) 1865 843830, fax: (+44) 1865 853333, e-mail: permissions@elsevier.com.uk. You may also complete your request on-line via the Elsevier homepage (http://elsevier.com), by selecting “Customer Support” and then “Obtaining Permissions.” Recognizing the importance of preserving what has been written, Elsevier prints its books on acid-free paper whenever possible. Library of Congress Cataloging-in-Publication Data Rao, Madanmohan. KM tools and techniques : practitioners and experts evaluate KM solutions / Madanmohan Rao. p. cm. Includes...

Words: 182966 - Pages: 732

Premium Essay

Contemporary Business Issues

...Module 1 - The Accoutant As Strategic Business Adviser The Need For Advice 1.4 (9 issues small business entrepreneurs seek advice about - business structure, IP, liability, regulation, contracts, etc) 1.4 (Malach, Robinson & Radcliff 2006) 1.4 (business efficiency & productivity, management information systems, risk management & internal controls) 1.5 (strategic level - selecting appropriate growth strategies, identifying new products and markets, etc) 1.5 (the need for advice variety of reasons - consider the demand for advice arises) 1.5 (Xiao & Fu 2009) 1.5 Table 1.1 - Characteristics Of Different Sized Organisations 1.6 (SE MSE LE - organisation, strategy, customer/community, financial, governance, work force, IT processes) 1.6 Requests For Advice: Operational - Srategic - Global 1.7 (improving operational performance, greater strategic role, globally relevant issues) 1.7 Example 1.1: A Busniess Dilemma 1.7 Counterpoint (opposing arguement, soft skills, first: make the right decision about the services they perform - second:) 1.7 Providing And Implementing Advice (technical skills, soft skills) 1.8 Figure 1.1 - Providing Business Advisory Services 1.8 (issue, requirement, request, investigation, advice, decision, implementation) 1.8 (recommend actions should be well supported, identify key stakeholders) 1.9 Figure 1.2 - The Chain Of Events For Business Advisory Services) 1.9 Example 1.2: Succession Plan - Please Help 1.9 ...

Words: 7475 - Pages: 30

Premium Essay

Strategic Analysis of Tcs

...Strategic Management Strategy Analysis of Indian IT company- Tata Consultancy Services (TCS) Strategic Management Strategy Analysis of Indian IT company- Tata Consultancy Services (TCS) Aditi Puri, Harsha Jonnala, Huzaifa Dadarkar, Karan Jaiswal, Piyush Jain Aditi Puri, Harsha Jonnala, Huzaifa Dadarkar, Karan Jaiswal, Piyush Jain Table of Contents INDIAN IT INDUSTRY OVERVIEW 3 INTRODUCTION 3 EXTERNAL ANALYSIS 3 PORTER’S FIVE FORCES MODEL (INDIAN IT INDUSTRY) 4 SWOT ANALYSIS - IT & ITES INDUSTRY 5 TATA CONSULTANCY SERVICES 6 INTRODUCTION 6 SWOT ANALYSIS ..7 TCS’ RESOURCES & CAPABILITIES ..8 TCS’ STRATEGY ANALYSIS ...9 Generic Business Strategies Global Strategies Corporate Level Strategies RECOMMENDATIONS 14 REFERENCES .15 INDIAN IT INDUSTRY OVERVIEW The IT-ITeS industry in India has today become a growth engine for the economy, contributing substantially to increases in the GDP, urban employment and exports, to achieve the vision of a “young and resilient” India. During the year, the sector maintained its double digit growth rate and was a net hirer. This growth has been fuelled by increasing diversification in the geographic base and industry verticals, and adaptation in the service offerings portfolio. Consequently, India has attained leadership position in the global sourcing market. India is now the leading country in providing IT Enabled Services in the world. According to a recent study, Indian IT & ITES is...

Words: 3928 - Pages: 16

Premium Essay

Operations

...Redesigning retail: Operating model imperatives for international retailers Deploying the right operating model can help international retailers drive profitable growth by balancing customer relevance and operational efficiency across diverse and dynamic markets. Today’s consumers are a formidable bunch. Armed with more information than ever thanks to technology, they shop anytime, anywhere and with anyone they choose. Moreover, choice, convenience and service mean just as much to them as price. Evolving customer demands are driving retailers to tailor their offerings, expand into new business segments and enhance customer touch points. At the same time, competition— always fierce in retail—is intensifying. Only the fittest or luckiest retailers have survived the global downturn, and investors are demanding ever better performance from them. Already-lean retailers are searching for new ways to achieve structural and operational efficiencies in a bid to outpace competitors. Furthermore, new players from other retail segments and industries are ramping up their retail presence. For example, big-name manufacturers including Apple, P&G and Nike are now bypassing traditional retailers and reaching consumers directly through multiple channels. Growing numbers of retailers are going international—and small wonder. Home markets are saturated, but markets near and far, particularly in emerging economies, still offer white space (see Figure 1). The world’s largest retailers are entering...

Words: 5309 - Pages: 22

Free Essay

Mcda Analysis

...McKinsey Global Institute June 2011 Big data: The next frontier for innovation, competition, and productivity The McKinsey Global Institute The McKinsey Global Institute (MGI), established in 1990, is McKinsey & Company’s business and economics research arm. MGI’s mission is to help leaders in the commercial, public, and social sectors develop a deeper understanding of the evolution of the global economy and to provide a fact base that contributes to decision making on critical management and policy issues. MGI research combines two disciplines: economics and management. Economists often have limited access to the practical problems facing senior managers, while senior managers often lack the time and incentive to look beyond their own industry to the larger issues of the global economy. By integrating these perspectives, MGI is able to gain insights into the microeconomic underpinnings of the long-term macroeconomic trends affecting business strategy and policy making. For nearly two decades, MGI has utilized this “micro-to-macro” approach in research covering more than 20 countries and 30 industry sectors. MGI’s current research agenda focuses on three broad areas: productivity, competitiveness, and growth; the evolution of global financial markets; and the economic impact of technology. Recent research has examined a program of reform to bolster growth and renewal in Europe and the United States through accelerated productivity growth; Africa’s economic potential;...

Words: 60035 - Pages: 241

Free Essay

Big Data

...McKinsey Global Institute June 2011 Big data: The next frontier for innovation, competition, and productivity The McKinsey Global Institute The McKinsey Global Institute (MGI), established in 1990, is McKinsey & Company’s business and economics research arm. MGI’s mission is to help leaders in the commercial, public, and social sectors develop a deeper understanding of the evolution of the global economy and to provide a fact base that contributes to decision making on critical management and policy issues. MGI research combines two disciplines: economics and management. Economists often have limited access to the practical problems facing senior managers, while senior managers often lack the time and incentive to look beyond their own industry to the larger issues of the global economy. By integrating these perspectives, MGI is able to gain insights into the microeconomic underpinnings of the long-term macroeconomic trends affecting business strategy and policy making. For nearly two decades, MGI has utilized this “micro-to-macro” approach in research covering more than 20 countries and 30 industry sectors. MGI’s current research agenda focuses on three broad areas: productivity, competitiveness, and growth; the evolution of global financial markets; and the economic impact of technology. Recent research has examined a program of reform to bolster growth and renewal in Europe and the United States through accelerated productivity growth; Africa’s economic potential;...

Words: 60035 - Pages: 241

Premium Essay

Startegic Human Resource Management: Employee Resourcing

...1.0 INTRODUCTION What is Strategic Human Resource Management (SHRM)? According to the Chartered Institute of Personnel and Development (2015), strategic human resource management (strategic HRM, or SHRM) is an approach to managing human resources that supports long-term business goals and outcomes with a strategic framework. The approach emphases on longer-term people issues, matching resources to future needs as well as macro-concerns about structure, quality, culture, values and commitment. It is necessarily dependent on the evolving nature of work itself. As mentioned by Stone (2013), because human resource management (HRM) seeks to strategically integrate the interests of an organisation and its employees, it is much more than a set of activities relating to the coordination of an organisation’s human resources. HRM is a major contributor to the success of an enterprise because it is in a key position ‘to affect customers, business results and ultimately shareholder value’. Stated by Gratton (2000), ‘The new sources of sustainable competitive advantage available to organisations have people at the centre – their creativity and talent, their inspirations and hopes, their dreams and excitement. The companies that flourish in this decade will do so because they are able to provide meaning and purpose, a context and frame that encourages individual potential to flourish and grow’. Stone (2013) mentioned that HRM is either part of the problem or part of the solution in...

Words: 16825 - Pages: 68

Premium Essay

Business Development Planning

...Providing resources for staff and students in higher and further education in the UK and beyond Business Development Plan 2009–2012 EDINA is a JISC National Datacentre Table of Contents 1. INTRODUCTION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2. MISSION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1 3. VALUES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1 4. CONTEXT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 5. BUSINESS PLAN FOR 2009–2012 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Strategic goal 1: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 To provide added value, high quality services, leveraged by research, enhancement activity and engagement with others Strategic theme 1a: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-7 Providing a managed portfolio...

Words: 9567 - Pages: 39

Free Essay

The Power of Social Networking

...Abstract The Power of Social Networking Sites in the context of Online Recruitment A thesis submitted in part fulfilment of the requirements for the award of BA Honours Management Author: Adeel Qurashi Mr Bill Sutherland 17th of April 2009 Robert Gordon University Aberdeen Business School Garthdee Road Aberdeen AB10 7QE Tel: + 44 1224 262000 Web: www.rgu.ac.uk Supervisor: Date: The Power of Social Networking Sites in the context of Online Recruitment II Abstract Abstract Social Networking Sites are experiencing a rapid growth; there seems to be no limit to their size. Many Social Networking Sites boast with millions of members using their networks on regular basis to communicate, share, create, and collaborate with others. Popular examples of these Social Networking Sites are Facebook, LinkedIn and Bebo. Although most of these sites lack decent business models, they are valued at millions of pounds. Google paid 1.5 billion dollar for YouTube when it wasn’t even earning a single penny. The reason successful Social Networking Sites have become so valuable is due to the amount of people that are using it; and people are exactly what organisations are after. This report aims to find out whether Social Networking Sites have the same value in the context of recruitment. Academic literature extensively discusses online recruitment, however not much is said about recruitment on Social Networking Sites: ‘Sociocruitment’. Research revealed that professionals...

Words: 26147 - Pages: 105

Free Essay

Enterprise Operations

...Operational Level Paper E1 ENTERPRISE OPERATIONS (REVISION SUMMARIES) Chapter 1 2 3 4 5 6 7 8 9 10 11 12 Topic Organisations Corporate Responsibility and Ethics The International Economy Information Systems Managing Information Systems Operations Management Quality Management Marketing Buyer Behaviour Human Resource Management Management Theory and Motivation The Legal Environment Page Number 3 13 17 27 35 45 55 61 73 79 93 101 E1 revision summaries 1 E1 revision summaries 2 Chapter 1 Organisations E1 revision summaries 3 Key summary of chapter Private sector organisations Sub-sectors of the economy not directly controlled by the government or state private business and households. Examples • • • • Private businesses e.g. self employed sole traders or partnerships. Companies (corporations) e.g. separate legal identity with limited liability for shareholders (owners). Private banks and building societies. Non-governmental organisations e.g. trade unions, charities, clubs etc. e.g. Public organisations Sub-sectors of an economy, or organisations, owned and directly controlled by the state or government. Examples • • • Local authorities. State owned industries e.g. the UK post office. Public corporations e.g. the British Broadcasting Company (BBC). Characteristics of public organisations • • • • Ultimately accountable to government. Goals and guidelines determined by government. Not-for-profit motive (NPO). Funded by the general public...

Words: 15334 - Pages: 62

Free Essay

Strategic Management Islamic

...Table of Contents 1.0 INTRODUCTION 2 1.1 BIMB Background of Company 2 1.2 BIMB Vision and Mission 2 2.0 ABOUT THE COMMITMENT 3 2.1 COMMITMENT TO THE CUSTOMER 5 2.1.1 Safety and Security of Operations 6 2.1.2 Privacy Policy 6 2.1.3 Reliable and Quality Services 7 2.1.4 Transparency of Products and Services 7 2.1.5 Immediate Response for Enquiries and Complaints 7 2.2 COMMITMENT TO THE EMPLOYEE 8 2.2.1 Training and development 8 2.2.2 Performance evaluation 10 2.2.3 Employee motivation 11 2.3 COMMITMENT OF EMPLOYEE TO BANK ISLAM 12 2.3.1 Know the organization’s goals. 13 2.3.2 Practicing Islamic Work Ethics towards organization. 13 2.3.3 Flexible Working Practices 13 2.3.4 Build employee-organizational relationship 14 2.3.5 Involve in decision making. 14 2.3.6 Seek growth and development. 14 2.3.7 Continuously support program organized by Bank Islam 15 2.3.8 Be professional in work 15 2.4 COMMITMENT OF EMPLOYEE TO EMPLOYEE 15 2.4.1. Affective Commitment. 16 2.4.2 Continuance Commitment 17 2.4.3 Normative Commitment 18 3.0 WAYS TO IMPROVE COMMITMENT 20 4.0 CONCLUSION 25 4.0 REFERENCES 27 1.0 INTRODUCTION 1.1 BIMB Background of Company Bank Islam Malaysia Berhad is an Islamic bank based in Malaysia that has been in operation since July 1983. Bank Islam was established primarily to assist the financial needs of the country's Muslim population, and extended its services to the broader population. The bank currently...

Words: 9856 - Pages: 40

Premium Essay

Global Human Capital Trends

...Global Human Capital Trends 2014 Engaging the 21st-century workforce A report by Deloitte Consulting LLP and Bersin by Deloitte Contents Introduction | 2 | 7 Global Human Capital Trends 2014 survey: Top 10 findings Lead and develop Leaders at all levels | 25 | 35 | | 45 55 Corporate learning redefined Performance management is broken The quest for workforce capability Attract and engage Talent acquisition revisited Beyond retention | 75 | | 87 97 | 65 From diversity to inclusion The overwhelmed employee Transform and reinvent The reskilled HR team | 107 | 117 Talent analytics in practice Race to the cloud | 127 The global and local HR function Editors | 145 | 146 | | 137 Acknowledgements Global Human Capital leaders Human Capital country leaders 147 | 148 Global Human Capital Trends 2014: Engaging the 21st-century workforce Introduction Engaging the 21st-century workforce S we begin 2014, global organizations have left the recession in the rear-view mirror and are positioning themselves aggressively for growth. Sluggishness has given way to expansion. Retrenchment has been replaced by investment. The need for caution has been superseded by the need to take action. Yet as the economic recovery takes hold, businesses realize that the workforce today has changed. Skills are scarce, workers have high expectations, and Millennials are now in charge. Enter the 21st-century workforce. The 21st-century workforce is global, highly...

Words: 45459 - Pages: 182