...shares his experiences of the change process within organizations. He has been observing the change process for about 30 years. He studies a paradigm shift of old management models that are not compatible with today’s fast paced changing business environment and shifting global economy. The book has a lot of helpful advice about dealing with this change process. The book is a guide for today’s organizations to deal with the new technology innovation, economic uncertainty, and ever changing. It’s divided into three sections. The first two chapters discuss the reasons behind the failure of more than 100 companies of making themselves better competitors. The author discusses the reasons behind the failure of most organizations even though they throw money and effort to win, and how executives and leaders can turn the thinking processes and behavior of large groups around. Many organizations are failing because they follow the philosophy “if it’s not broke, don’t fix it”. The author calls companies to embrace transformations from the old strategy of micro-managing, constant strategizing, downsizing, and new cost-cutting approaches to the twenty-first century strategy of leading change. The author talks about how managers and leaders are quite different, and explains that manager is trained to think in a risk-limiting manner. The next section discusses Kotter’s Eight Stage Change Process that provides a detailed framework to guide leaders for change. The eight stage process are:...
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...The Institute of Medicine (IOM) partnered with the Robert Wood Johnson Foundation (RWJF) in 2008, prior to the Affordable Care Act passing, stated a two year study on the nursing profession and changes needed to advance the future of nursing practice. The introduction of the report states the groups “established a 2-year Initiative on the Future of Nursing. The cornerstone of the initiative is this committee, which was tasked with producing a report containing recommendations for an action-oriented blueprint for the future of nursing, including changes in public and institutional policies at the national, state, and local levels” (IOM, 2011). This report also determined that nurses should continue to strive for higher levels of education and advanced training using an improved education system that promotes seamless academic progression unlike the stair-step type systems currently in place that do not facilitate education advancement. So when Congress passed the the Affordable Care Act March of 2010, which is the biggest reformation of the healthcare system since the Medicare and Medicaid programs were first created in 1965, created even more of a need for more nurses in advanced clinical roles. According to Medicaid.gov, “The Affordable Care Act is actually two separate pieces of legislation; the Patient Protection and Affordable Care Act (P.L. 111-148) and the Health Care and Education Reconciliation Act of 2010 (P.L. 111-152). Together these 2 legislative acts expand Medicaid...
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...Leading Change for Strategy Execution Dr. Robert S. Kaplan Baker Foundation Professor, Harvard Business School Executing strategy: Senior executives’ #1 issue The Balanced Scorecard: The Central Component in a New Strategy Execution Management System Private Sector Organizations Financial Perspective "If we succeed, how will we look to our shareholders?” Customer Perspective "To achieve our vision, how must we look to our customers?” Process Perspective "To satisfy our customers and shareholders, at which processes must we excel?” Non Profit and Public Sector Organizations Mission (Customer) Perspective “How do we have a social impact with our citizens/constituents?” Support Perspective “How do we attract resources and authorization for our mission?” Process “To have a social impact and to attract resources and support, at which processes must we excel?” Learning & Growth “How do we align our intangible assets to improve critical processes?” Learning & Growth “How do we align our intangible assets to improve critical processes?” Financial “How should we manage and allocate our resources for maximum social impact?” 3 Palladium Balanced Scorecard Hall of Fame for Executing Strategy® : By Industry 2000-2010 The Management System for Strategy Execution Links Vision and Strategy to Operational Excellence 2 TRANSLATE THE STRATEGY DEVELOP THE STRATEGY • Mission, Values, Vision • Strategic Analysis • Strategy Formulation 1 • • • • Strategy...
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...Leading and managing change in organizations: Importance of human resource capacity building Term Paper (Individual Assignment) MCP 2135 – Leading and Managing Change in Organizations MBA in Human Resource Management Semester II – 2010/2012 Course Director : Prof. Sudatta Ranasinghe Professor of Management Name of the Student : Gamini Hettiarachchi Student Registration No. : 110046980 Date Submitted :16.05.2011 Word Count : 1662 words, 5 single side A4 pages Leading and managing change in organizations: Importance of human resource capacity building Term Paper (Individual Assignment) Abstract This term paper addresses human resource capacity building as a strategic instrument in leading and managing change in organizations. After describing the process and the basic steps in leading and managing change, the article has taken an effort to identify the role of leaders and the managers to derive a conceptual frame of reference to develop arguments in strategic importance of human resource capacity building in the process of leading and managing change in organization. To meet the challenges, negative as well as positive, HR capacity building is needed in most of the steps and stages in the process of leading and managing change in organizations. Further, developing human capacities has highlighted as one of the major roles and core functionalities of leaders and managers. Viewing human resources as human capital and beyond, the term paper argues that without...
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...responsibilities are planning, organizing, leading, and controlling. Barnett (2006) stated, “Henri Fayol was the first person to identify elements or functions of management in his classic 1916 book Administration Industrielle et Generale” (p. 496). Based on his experiences, Fayol had a belief that managers, regardless of business should follow the functions of management. This statement has proven to be true for many organizations. Below will describe each function and how it relates to the company Liberty Mutual. Planning Planning is specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals (Bateman & Snell, Chapter 1, 2009). Planning assists organizations review their current processes, seek new objectives and strategies, gather resources, and anticipate the future to conquer their goals. Planning requires good decision-making skills, awareness of environmental conditions, and understanding for the future. At Liberty Mutual, the planning process was similar to the top down-approach. As the company has grown, the current planning process involves every level of employees. Each department has a subject matter expert that works with all employees within the department to develop better procedures and practices to help the company prosper. This process includes financial research, competitive advantages and disadvantages examination, process changes, productivity results, and quality review. Proper planning has helped Liberty...
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...The new book from Gary Hamel shows you how to win in a world of relentless change, ferocious competition, and unstoppable innovation. Learn more and read an exclusive excerpt at the MIX The Wall Street Journal recently ranked Gary Hamel as the world’s most influential business thinker, and Fortune magazine has called him “the world’s leading expert on business strategy.” Hamel’s landmark books, which have been translated into more than 20 languages, include Competing for the Future, Leading the Revolution and The Future of Management (selected by Amazon.com as the best business book of the year). His latest book, What Matters Now, was published in 2012. Over the past twenty years, Hamel has authored 17 articles for the Harvard Business Review and is the most reprinted author in the Review’s history. He has also written for the Wall Street Journal, Fortune, The Financial Times and many other leading publications around the world. He writes an occasional blog for the Wall Street Journal. Since 1983, Hamel has been on the faculty of the London Business School, where he is currently Visiting Professor of Strategic and International Management. As a consultant and management educator, Hamel has worked for companies as diverse as General Electric, Time Warner, Nestle, Shell, Best Buy, Procter & Gamble, 3M, IBM, and Microsoft. His pioneering concepts such as “strategic intent,” “core competence,” “industry revolution,” and “management innovation” have changed the practice of management...
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...Review Of the IOM Report: "The Future of Nursing Leading Change Advancing Health" Grand Canyon University: NRS-430V Review Of the IOM Report: "The Future of Nursing Leading Change Advancing Health" This is a Review of the Institute of Medicine (IOM) report: "The Future of Nursing Leading change Advancing Health. Primarily focusing on sections 3 Transforming Practice, 4 Transforming Education, and 5 Transforming Leadership. IOM: The Future of Nursing Leading Change Advancing Health The Institute of Medicine (IOM) launched a two-year study to assess the current state of nursing as a profession and provide recommendations for transforming the nursing profession. The key messages and recommendations that they come up with as a result of this study provide a synopsis of the report from the Committee on the RWJF Initiative on the Future of Nursing at the IOM. These key messages and recommendations provide a "how to" blueprint for the future of nursing (IOM Report, 2011). IOM Key Messages As a result of the study, the IOM committee came up with 4 key messages that structure the main points, discussion and recommendations in this report: 1. Nurses should practice to the full extent of their education and training. 2. Nurses should achieve higher levels of education and training through an improved education system that promotes seamless academic progression. 3. Nurses should be full partners, with physicians and other health professionals, in redesigning health...
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...Contents 1.0 Introduction 2 1.1 What is Change and Change Management 2 2.0 Literature Review 4 2.1 Drivers of change 4 2.1.1 Globalisation to change 4 2.1.2 Education to Change 4 2.1.3 Technology to change 4 2.2 The Process of managing change 5 2.2.1 Force Field Analysis on Change 5 2.2.2 Lewin’s Change Model 6 3.0 Change Management 7 3.1 John Kotter: Leading Change in today’s business 7 Urgency growth 8 Build Guiding Team 8 Getting Right Vision 8 Communicating for buy-in 9 Empower Action 9 Creating Short-term wins 9 Don’t Let Up 9 Make Change Stick 10 4.0 Conclusion 11 References 12 1.0 Introduction 1.1 What is Change and Change Management The world as we have created it is a process of our thinking. It cannot be changed without changing our thinking. “Albert Einstein”. Basically, definition of change is to make or create something different. Indeed, change happens to two reasons which are change for better or worse. Moreover, change means a movement from current state to a transition and a future state. In fact change happens all around the world such as in our community, work and at home. (Thomas G. Cumming, 2009) Figure 1: Change structure, Source: (Change Management Tuitorial , 2014) In fact, change happens everywhere even in companies therefore, all companies come up with change management in order to control changes which are internal and external. Basically, change management focused to provide a competitive...
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...ASSIGNMENT TASK for Unit: Developing and leading teams to achieve organisational goals and objectives Centre Number | Centre Name | Learner Registration No | Learner Name | TASKThe purpose of this unit is to develop understanding and ability in developing and leading teams, as required by a practising or potential middle manager.noteAn ILM Assessment Task provides an opportunity to relate your learning directly to your current organisation. It is recommended that you discuss the assignment with your line manager to explore and agree how the task could be used to support the needs of your employer (as well as evidencing your learning as part of completing your ILM qualification).If you are not currently working within an organisation, then you may complete this task in relation to an organisation with which you are familiar. This could include experience working in a voluntary capacityThe nominal word count for this assignment is 2500 words: The suggested range is between 2000 and 3000 words, however individuals have different writing styles, and there is no penalty if the word-count range is exceeded. | Please use the headings shown below when writing up your assignment | Assessment Criteria | Understand the importance of leading teams to achieve organisational goals and objectivesAssess and make a judgement on the effectiveness of own organisation in measuring team performance against organisation goals, and then to use relevant research and management theory to evaluate...
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...With the change of society, an increasing number of women have engaged in work and their roles as leaders in work have also caused people’s attention. The purpose of this bibliography is to find the changes of gender in leadership. With the development of society, the number of female leaders is increasing in recent years (Michelle and Elaine, 2008). According to (Stewart, 2009), there are more difficulties facing female leaders than male leaders, which makes it difficult to involve more females in the leading positions. A research (Hilary, 2009) indicated that although the number of female leaders is increasing, the ratio of female leaders in leadership is not balanced and more females should be involved in management positions. According to Kaycee (2010), the changes of gender in leadership have been in the process, which can be proved by the changes of people’s attitudes to female leaders. Reference | Michelle M & Elaine Y(2008), The trend of female leaders in organisations, Journal of Management, 23, 7, pp 105-124 | Type of Article | Literature review | Aim\purpose | The purpose of this article is to find out the changes of female leaders in the past decade and explain the reasons of the changes and then predict the trend of changes. | Approach | This paper reviews previous theories about the necessary of involving female leaders and then it presents the process of female leaders entering the management field. It highlights the trend of changes of gender...
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...Functions of Management Paper Notes (700 – 1050 words) Planning (117 – 175 words) To put it in the simplest terms, planning is the decision of taking the organization in the direction managers think it should go. It is deciding on what goals need to be set and deciding on what actions will set the organization on the right path toward those goals (Bateman & Snell, 2009). Before all other functions, organizing, leading, and controlling, planning comes first. Too often managers undervalue the need to communicate planning foundations. When this principle is violated it is likely the plan will not be followed through (Sawyer, 2009). My boss at Target would be a subscriber to this function, every week he has a plan for everything that needs to be done in my department, everything from sales planners to which area needs to be detailed that day. He is not very good at communicating his plans; he will leave a note that an abbreviated version of version of what he wants. Although, once he explains his ideas letting me know what he is thinking everything runs smoothly. Organizing (117 – 175 words) Organizing is the function of management that brings together all resources, human and informational, available to the manager so that specific goals are met. Organizing includes getting people to the company, allocating responsibilities, forming work groups, and making sure conditions are adequate for a working environment (Bateman & Snell, 2009). Good organizations skill will always...
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...innovative, have quality products, the speed to develop and market their products quickly and be cost competitive (Bateman & Snell, 2007). A good manager will need to make decisions swiftly, have good communication skills and know how to deliver these things both effectively and efficiently (Rodacker, 2006). Four functions of management include: planning, organizing, leading and controlling. These are the fundamentals needed to establish a company and keep them on top. Planning consists of making decisions about the goals each person, department or the entire company wants to achieve and setting in motion a process in which these goals can be fulfilled. Activities include analyzing the past, present and future growth of the company, what types of transactions or market the company will engage in, and determining objectives and business strategies. Modern day managers are now utilizing their employees, customers, suppliers and other vendors to help identify opportunities to strengthen their competitive advantage. Delivering more value to the customer is usually the driving force to make these changes. Organizing is the coordination of assembling people, finances, physical, informational and other resources needed in order to meet the planned objectives. Activities include hiring employees, specifying job responsibilities, grouping people into departments, monitoring and allocating resources and creating conditions so that everything works together to achieve...
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...2014 Zoom In Zoom Out Page 1 of 7 Final Exam Review NUTR 295 – Fall 2013 NEW MATERIAL: 100 points (~50 questions) Understanding Disease Risk Factors Describe the differences between a chronic disease and infectious disease. What leading causes of death are nutrition-related? A) heart diseases, cancers, strokes, diabetes Describe the concept of a risk factor. A) Factors known to be related to diseases, but have not yet proven to be a cause. We say that a certain factor puts us at increased risk for a disease, but does not cause it. How does one use risk factors? Review the basics of cardiovascular disease and atherosclerosis. Be ready to identify the risk factors for cardiovascular disease (especially diet-related risk factors!) A) High LDL blood cholesterol, low HDL blood cholesterol, high blood pressure (hypertension), diabetes, obesity (central obesity), physical inactivity, cigarette smoking, diet: high saturated or trans fats, low veggies, low fruits, low whole grains Describe the dietary strategies to reduce risk of CVD through diet. A) Decrease saturated and trans fat, increase soluble fiber intake, increase fruits and veggies, increase whole grains/ decrease refined grains, increase fish intake (2 servings/week) What is the TLC diet and what does it entail? A) TLC = Therapeutic Lifestyle Changes. From the NIH, designed to help decrease cholesterol through diet and lifestyle changes: the same changes we saw in table 11.6, also recommends 2 grams per...
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...work for the maker of a leading brand of low-calorie, frozen microwavable food that estimates the following demand equation for its product using data from 26 supermarkets around the country for the month of April. 1. Compute the elasticities for each independent variable. Option 1 Your supervisor has asked you to compute the elasticities for each independent variable. Assume the following values for the independent variables: Q = Quantity demanded of 3-pack units P (in cents) = Price of the product = 500 cents per 3-pack unit PX (in cents) = Price of leading competitor’s product = 600 cents per 3-pack unit I (in dollars) = Per capita income of the standard metropolitan statistical area (SMSA) in which the supermarkets are located = $5,500 A (in dollars) = Monthly advertising expenditures = $10,000 M = Number of microwave ovens sold in the SMSA in which the supermarkets are located = 5,000 QD = -5200 – 42(P) + 20 (PX) + 5.2 (I) + 0.20 (A) + 0.25 (M) =-5200 – 42*500 + 20*600 + 5.2*5500 + 0.20*10,000 + 0.25*5,000 = -5200-21000+12000+28,600+2000+1250 = 17650 Price Elasticity: -42*500/26,560 = -1.19 Cross Elasticity: 20*600/26,560 = 0.68 Income Elasticity: 5.2*5500/26,560 = 1.0768 = 1.62 Advertisement Elasticity: 0.2*10,000/26,560 = 0.11 Microwave Oven Elasticity: 0.25*5,000/26,560 = 0.07 Elasticity refers to the degree of changes in a demand or supply curve...
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...DIRECTORATE STRATEGY TO CHANGE CULTURE SCHOOL PARTNERSHIPS FOUNDATION LEARNING TIER ADDITIONAL LEARNING SUPPORT Contents Page College Vision, Mission and Values 3 Existing Cultures 4 Overarching College Priorities 4 Bringing about culture change 5 The 5 step journey 6 Roles & Responsibilities 8 Communication & embedding the values 9 Benchmarking 9 Training & Development needs 9 Significant barriers and overcoming them 10 Priorities 11 College Vision, Mission and Values The Strategic Vision For The Merged College Is: “An inspirational organisation that delivers excellence” Mission Statement: “To provide high-quality education and training that is inclusive, and which matches and supports the needs of our diverse learners and the local and regional economy” Corporate Values: ▪ Place learners at the heart of everything we do ▪ Promote a progressive, inspirational and dynamic approach to teaching and learning which responds to learners ▪ Create an environment and ethos which encourages learning and skills development ▪ Promote and provide opportunities for successful participation in education for people from all backgrounds and abilities ▪ Strive for excellence in all aspects of college business ▪ Encourage staff to embrace challenging professional standards and raise...
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