...find a group for you so do not ask. However, you are responsible for the management of the group – so do not choose to work with some-one who you do not know. If you decide you do not like some-one - we will not interfere. If your group becomes dysfunctional we will not interfere – it is for you to sort it out. These groups will be formed by the week starting Monday 10th February so you can start to think about who will be in the group immediately. You must inform us as to who your group members are. In addition we would like you to inform us of the organisation you intend to study. We will not let 2 groups study the same organisation. The presentations will take place in week starting Monday 31st March. The presentation will be 10 minutes long, and everyone must speak. They will be in our normal rooms at normal class times. If the sessions are not long enough for all the groups that we have, we may have to move you to another time. This is likely to be a Wednesday morning. The presentation will be as follows; Choose an organisation of which you have some knowledge, or in which you are interested. Explain how management accounting can supply information to assist the management of the organisation. That’s it! Well of course there’s more to it than that. The organisation you choose should be a real one. You are not required to investigate and report on the organisation’s actual management accounting system (even if you can find out). Your presentation should have...
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...Midterm Review GMS200 Chapter 1 1. What does the term Global Management mean? Global management is the management of operations in more than one country 2. Define Global Economy (See Text) In the global economy, resources, markets, and competition are worldwide in scope. It pretty much means how well all the countries are doing as one in terms of economy, resources, markets and competition. 3. In a competitive global business landscape, the increasing demand for talented knowledge workers is primarily due to the increasing use of low cost production.?????? 4. The age gap in today's workplaces is one of the diversity issues that may create major challenges for managers. (true) The age gap in today's workplace is one of the diversity issues that may create major challenges for managers. 5 The recruitment and retention of talented workers is one of the major challenges faced by mangers in a globally competitive economy. ??????? 6. According to Katz's framework on essential managerial skills, low-level managers need to develop more conceptual skills then top-level managers. (false). Lower level managers need to consist of a lower level of conceptual skills then top-level managers, equivalent human skills and lower level managers need to consist of a higher level of technical skills then the top level managers. 7. What are the key conditions that describe the general business environment? The key conditions that describe the general business environment are: ...
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...CHAPTER TWO LITERATURE REVIEW 2.1 Introduction For a long time, university-managements have put much investment in IT security appliances towards improving system security, (Bichanga & Obara, (2014). Despite continued investment in IT security, there is increased frequency at which security of university information systems are getting breached thus compromising productivity and security of information systems that support teaching, learning, administrative and research activities, (Vacca, 2012). Research studies indicate that to ensure better IT security management, a reliable way of determining security status need to be considered besides heavy investment in security appliances, (Mong'ira, 2011). This is supported by Broadbent (2007),...
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...function manager knowledge management: lesson learned sumber pembentukan knolwledge dalam suatu learning organization. project origin · how to develop project from initial vaue ideas into something more concrete · Criteria for project adoption: a peak in business activities with defined beginning and end points requiring a multi-disciplinary team o carry out · Recognizing, initializing and developing a project idea are very essential skills for PM · Project idea is grounded in needs of your business, organization's strength, become solution to your business challenge Creativity Factor · It takes creativity to turn initial idea into something coherent · Use appropriate tools to turn a bright idea into well defined outline of your project · visual planning: mind map diagram represent ideas and tasks, use it in brainstorming itial proj ideas, identify a starting idea or goal, identify individual task · non-visual plannin: in words ad sounds, structure your communi accordingly · allowing all ideas during planning: meeting, 3 type of people dreamer, critic, realist · use appropriate tools to stimulate creatvity Strategic Outline Case (SOC) · Document key points of your project · Documentations are needed to et approvals to proceed · Designed to give stakeholders and idea of what is in stor · Project brief, scope document or SOC · SOC also servs as : infomation: inform your colleagues of what is comingup; approval; give expenditure information of the project;...
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...Organizations such as BHP would operate a number of different performance appraisal methods. In order to ensure the success of the method implemented certain processes need to be in place. Outline the processes and documentation an organisation such as BHP would need to have in place to successfully implement performance management * Firstly, BHP would need to assess whether all positions within their organisation are documented and available in current and accurate position descriptions. * Investigate whether managers have provided all BHP staff with performance indicators to be used in the current appraisal period, ensuring they are consistent with each staff members key role requirements, as outlined in each position description. * Assess BHP’s performance management policy and procedures to determine whether performance appraisal meetings are being held at a frequency in-line with BHP’S policy requirements (i.e at least once a year). BHP can also use the policy to check whether all performance documentation has been completed , recorded and signed off by both manager and employee. * Investigate whether all BHP staff are subjected to appropriate organisational policy and procedures for rewarding good performance as well as addressing underperformance. * Assess how disagreements about performance apprasials outcomes are managed, investigating whether BHP has a clear and consistent policy and procedure for the dispute settlement process. Also, whether the issue can...
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...Literature Review: Strategic Management BUSI 600 Business Research Methods Thomas Sheppard Liberty University October12, 2012 Abstract In order to have a successful study, a review of the literature will be undertaken. Then the methods and standards that were used will be addressed, and any questions that are being considered for further research into the area of strategic management will be discussed. From that point, it is vital that conclusions be drawn and recommendations be offered to wrap up the study. Without these components, it is often not clear whether a researcher has a thorough understanding of what the study was designed to do, and it is also not clear if said researcher is certain as to what else should be done in the area and should be questioned when it comes to that particular issue. In short, studies without these components lack completeness and that can make it difficult for anyone in the future to use the study as a jumping off point for similar studies or studies into related issues. The concept of strategic management is one that is highly important to organizations around the world (David, 2009). It involves taking a look at the top management of a company and the resources that management team is using on behalf of the company's owners and in order to show a specific level of performance. The mission, vision, and objectives of the organization must be examined, and it is necessary for them to...
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...Literature Review Introduction Through the inter-connection between change management, knowledge management and people management, the author believes you can look at, assess, and analyse organisational readiness and responsiveness to change. This will done through the narrative cyclical approach (FIGURE XX). All of this works together to answer the research question of, “Is there a framework/s that can be used to help organisations increase organisational readiness and responsiveness to change”. Organisational readiness and organisational responsiveness are addressed throughout this literature review. The determinants and impediments of change in each branch of change management have been considered and addressed. Some elements fall outside the scope of the literature review and research. The literature review is structured in such a way that echoes this integration as illustrated in the following diagram (Figure XX). Figure XX: Areas within and outside the research boundaries leading to organisational responsiveness to change. Figure XX: Areas within and outside the research boundaries leading to organisational responsiveness to change. People Management Leadership Organisational Context. Culture. Organisational Learning. Knowledge Management. Change Management. Change Management Change Management is neither an art nor a science; it is an individual process relying solely on the organisation, individuals within the organisation (employees)...
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...As a key internal stakeholder I was involved with the Interactive Portal Project while working at ABC Corp. The project’s goal was to increase community engagement with the corporation through the provision of services through the use of the extra bandwidth available to the community via the Federal Broadband Network (FBN). Services were to be delivered through a planning website that would allow the department to provide pre-lodgement meetings via web conferencing and a community engagement website that would allow residents to access community forums or consultation workshops by live streaming these sessions. The project was part of the Federal Government’s rollout of the FBN and as such, funding to complete the project was provided in part by the Federal Government. Funding from the Federal Government was provided with the objective of increasing community engagement with the corporation, therefore imposing this change upon the corporation. The business change related to this proviso was that implementation of these websites would improve the delivery of services to the community, which the ABC Corp Corporate Plan states is one of the organisation’s goals (n.d, p 43). However, although the goal is aligned to one of ABC Corp objectives, delivering services through the internet has not been one of the business objectives (ABC Corp Corporate Plan, n.d, p 43). Therefore, the imposed goal could not be fully aligned to the actual business strategy and required an alternative...
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...Strategic Midterm 2 Review Ch.5 Five Generic Competitive Strategies -There are several basic approaches to competing successfully and gaining competitive advantage, but they all involve giving buyers what they perceive as superior value compared to rivals. -competitive strategy deals exclusively with the specifics of management’s game plan for competitng successfully. -Two biggest factors that distinguish one competitive strategy from another 1)whether company’s market target is too board/narrow 2)whether the company is pursuing a Competitive advantage linked to lower costs or differentiation. -these two factors give rise to 5 competitive strategy options 1)a low-cost provider strategy-striving to achieve lower overall cost than rivals 2)a broad differentiation strategy-seeking to differentiate product/service from rival 3)a focused low-cost strategy-concentrating on narrow buyer segment& competing rivals by lower cost thus serve niche members at low price 4)a focused differentiation strategy-concentrating and outcompetiting rivals by differentiation 5)a best cost provider strategy-giving customers more value for the money by satisfying buyers’ expectations on key quality…etc while beating their price. Hybrid of low cost and differentiation. -a company must decide which five basic strategies to employ. LOW COST PROVIDER STRATEGY -two options 1)use lower cost edge to underprice competitotrs and attract price sensitive buyers 2) maintain present price and use lower cost...
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...Literature Review of Talent Differentiation Xiayuyan Zhu N9122389 The role that human resource management playing in the corporate business world is becoming more and more seriously nowadays and there is a positive relationship between HRM and organizational outcomes can not be ignored, theories like performance appraisal, empowerment and motivation have been proved useful and effective for improving the performance of the company(Kaifeng, J., Lepak, D.P., Jia, J., &Bear, J. C., 2012). Based on all those theories of HRM, it is necessary that the theories that mentioned has to related to the one factor, human capital. This essay will discuss the concept of talent differentiation in the organization and how does it improve the human capital and other programs which are related to the organizational performance. In order to discuss the relationship between human capital and organizational performance, the first thing is to define the concept of talent/workforce differentiation. Brain, Mark and Dick(2009) argued that plenty of organizations have made the same inappropriate decision which lead to cost overmuch amount of money and time about the employees with low performance in nonstrategic roles and at the same time, those employees with higher performance and more contributions could not get enough resources, chances of development and reward. Lesley Uren(2011) also discussed that one of the intractable human resource management challenges for companies in nowadays are the...
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...ETM 502 – Project Management in Engineering and Technology – Assignment 1 REVIEW QUESTIONS P18, RQ1 - Define a project. What are five characteristics that help differentiate projects from other functions carried out in the daily operations of the organization? As PMI have defined, a project is a temporary endeavor undertaken to create a unique product, service, or result. The characteristics of a project help differentiate it from other endeavors of the organization. The major characteristics of a project are as follows: 1. An established objective. 2. A defined life span with a beginning and an end. 3. Usually, the involvement of several departments and professionals. 4. Typically, doing something that has never been done before. 5. Specific time, cost, and performance requirements. P18, RQ3 - Why is the implementation of projects important to strategic planning and the project manager? Today, projects are the modus operandi for implementing strategy, meaning that strategy plans of a company is delivered through the products of project results. Since projects are the modus operandi, strategic alignment of projects is of major importance to conserving and effective use of organization resources. Selection criteria need to ensure each project is prioritized and contributes to strategic goals . Anything less is a waste of scarce organizational resources—people, capital, and equipment . Projects and project management play the key role in supporting strategic...
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...the customer as a reference (Gido & Clement, 2014). 2. Discuss the internal post project evaluation process and the two types of meetings involved. The internal post-project evaluation process includes meetings with individual team members and a group meeting with the project team to gather feedback for improved future performance. The individual meetings allow the project manager to gather information and share performance appraisals describing how each team member's skills advanced while working on the project. The post-project team meeting is a time for the project manager to lead a discussion about how the team performed on the project in terms of technical competence, budget, schedule, project planning and control, risk management, customer and team relationships, communication, problem identification and resolution, lessons learned, and recommendations (Gido & Clement, 2014). 3. What are some ways you can obtain feedback from a customer after a project has been completed? How would you use this information? The post-project evaluation can be conducted as a meeting with open-ended questions or through a customer evaluation survey. The information is used to assess the level of satisfaction of the customer, opportunities for future work, and...
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...A Review of Communities of Practice and Knowledge Management Name: Institutional Affiliation Date: Course Name: Course Number: Semester: Year: Abstract Information and knowledge transfer are currently necessary elements of any business. For organizations to attain and maintain a competitive edge then it is essential that there is continuous knowledge creation, distribution, and its utilization. Knowledge management is vital in ensuring that this is achieved for businesses to realize maximum innovativeness and overall improved performance. Various techniques have been developed to assist people achieve knowledge management. Among this is the Communities of Practice concept that is a strategy aimed at bringing together persons that have some common mission enabling them to share ideas and expertise. An organization can also use this approach through creating teams that are working together in a particular project thus making it possible for information to flow. With Communities of Practice, an organization can realize improved performance through the enhanced levels of innovativeness. The problem-solving process also becomes faster and easier because there is the combination of numerous intellectual ideas and skills. The benefits that a business gets from the use of Communities of Practice should serve to encourage these organization to implement. A Review of Communities of Practice and Knowledge Management Knowledge management in organizations...
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...Brief review of Shouldice hospital operations management SHOULDICE HOSPITAL 1. In your view, what are the most important elements of the Shouldice system? Shouldice method Specialize in hernia repair – a niche market with substantial size Based on an innovative idea: Preliminary selection Early ambulation Procedure technique Comfortable environment reducing anxiety and encouraging quick recovery Focus on maximum value: perceived quality/value of the service provided to patients minus cost Proved efficiency 2. Assume that Shouldice, under new management, aspires to increase it volume by a factor of 10 over 5 years by expanding in 10 large cities in North America. List the changes you would implement at Shouldice to achieve this goal. (For this assignment, assume that financing could be secured, and the markets are available. Concentrate on the operational issue) 3. Which of the elements listed in section 1 will survive under the test of section 2, and which will have to be replaced? Challenges Key challenge – limited capacity and inability to satisfy demand. Risk of competitors responding to the demand with similar business model , changing the market in the longer term. Key question to stakeholders – stay small or grow? Solution - low cost/short term 1. Objective – to improve turnover by reducing average time spent in hospital. Time: Change schedule and have operations during the weekend. Involve patients in preparing for operation and reduce...
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...Chapter 1 – Subject Review Questions 1. I have worked for my current boss, Mr. Ford, in the field of youth social services for nearly a decade. Due to his leadership, I have remained with the agency throughout tumultuous periods. He has always challenged his employees to strive for quality of service at the greatest speed possible. Mr. Ford organizes employees to create a dynamic workforce capable of adapting to changes affected by the macroenvironment. In an effort to continue to win Requests for Proposal bids, Mr. Ford has consistently operated an efficient service program that is cost competitive with other service providers and fiscally sustainable. 2. One of the greatest ways that the Internet impacts my life on a daily basis involves how it has allowed knowledge to be shared instantaneously and with increasing accuracy. I am able to receive information about events and interests in real time. Instead of having to search libraries for dated information, as I did as a youth, I can find information that is relevant and current from trusted sources. Now it is possible to access peer-reviewed publications from esteemed institutions. Globalization, in conjunction with the Internet, has provided access to news and information from around the world. I enjoy reading articles from the perspectives of those of other nationalities and now, thanks to Google Translate, I can read articles that were written in foreign languages. 3. I have always admired Google for how...
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