...volume of trade, and the rate of growth are far greater than in any previous phase’ (Stark, 2005). ‘Inevitably globalization is having a huge impact on the role, nature, and purpose of HRD in organizations of all sizes and sectors across the world’ (2009, David Mankin), Globalization is the characteristic of New Economy, it provide a broader opportunities to new economy development. As an organization, employers must consider a strategic process to compete with other competitors and survive under globalization underground. Organisation need ever-improving performance to survive and prosper in today’s competitive world: individual and organisational performance improvements are the keys to competitive advantages. (Raymond J.Stone 2008). A formal planning procedure and a right position in the competitive arena have been seen as the main strategic concerns of the top management. (Mikko Luoma, 2000). With the time passed from the early days of strategic management, there are some evolution has taken place in strategy (Mikko Luoma, 2000). As David Mankin mentioned in his book ‘strategy is often described as a process involving a series of steps or phases involving: analysis and planning, implementation; review. ‘(David Mankin 2009). As a central source of competitive advantage, HRD was defined as a set of intentional activities that increase a person’s skill, abilities, and/or knowledge, and direct them for a company’s benefit.(Luoma, 2000). A strategic approach to...
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...Cradle-to-Cradle Design at Herman Miller: Moving Toward Environmental Sustainability MGT 551 Operations Analysis October 21, 2013 Cradle-to-Cradle Design at Herman Miller: Moving Toward Environmental Sustainability Many organizations today claim they are environmentally friendly, their businesses are sustainable, or they work at minimizing their carbon footprint. While stating the claims may be easy, they take commitment of time and resources, a culture or homogeneity of vision, and a great deal of planning to implement. The complicated part is that the change cannot occur in just one facet of the organization, the change must carry across the organization and the entire supply chain. Drew Schramm finds himself in a difficult position at the Herman Miller organization. His supply chain background is in conflict with the organization’s environmental sustainability position. While he may see easy money to be picked from the savings tree, it has now become forbidden fruit. The Herman Miller organization is committed to their stance of environmental sustainability and Schramm must now take that into serious consideration when making supply chain decisions. Their new chair design, the Mirra Chair, has yet to have a decision made on the construction and materials of its arm pads. They can either use the common polyvinyl chloride (PVC) that violates their cradle to cradle (C2C) protocol standards, thermoplastic urethane (TPU) which meets the C2C standards but is more expensive...
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...the essentials for success in the business field. Many companies that once ignored the effects of proper writing and communication skills are beginning to understand the power of effective communication and writing skills. Employers are beginning to demand that business students come out of college with suitable writing and communication skills. Good communication and writing skills help managers and employees express information more clearly and faster than ever before. Business Communication and Writing in the Work Place According to authors Gary L. Neilson, Karla L. Martin, and Elizabeth Powers(2008), poor communication skills are one of the main reasons company can not properly execute successful strategies(p.3). In their article titled The Secrets to Successful Strategy Execution, authors Gary L. Neilson, Karla L. Martin, and Elizabeth Powers(2008) go through extensive research to try and understand why companies with such great potential fail (p. 3). Over the course of a 5 year span, the authors have spoken with more than 1,000 companies, government agencies, and non profit organizations in over 50 countries to try and figure out why companies fail(Neilson, Martin & Power,2008 p. 5). The research displayed that when a company starts to go on the decline, the company begin to take steps in the wrong direction to fix the problem. Companies will attempt to fix the issue by first restructuring the original structure; this approach works for a while, but...
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...As David Mankin mentioned in his book, “Inevitably globalization is having a huge impact on the role, nature, and purpose of HRD in organizations of all sizes and sectors across the world” (2009). Obviously, facing the economical globalization, development of technology, the coming of information age and lowering of trade barriers, as a result firms have to think of new and effective ideas to compete with other competitors. Human capital is the most special asset of a company. It is special because people cannot be separated from their knowledge, skills, health, or values in the way they can be separated from their financial and physical assets (Becker, 2008). The result, organizations’ aim is to make their own human capital special that other organizations cannot copy. Competitive advantage is secured when organizations have skills and capabilities that are unique, difficult to replicate and imitate by competitors (Rainbird, 1995). HRD is a process of developing and unleashing human expertise through organization development, personnel training and development for the purpose of improving performance (Swanson & Holton, 2001). McCracken and Wallace have mentioned in their article that, organizations should ensure any investment which is made in human capital with the promotion of HRD strategy is clearly linked to the wider corporate strategy (2000). Strategic approach to HRD is a relative new concept in HRD and training and development fields. It is not a traditional training...
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...BUSM 4041 Case Study: IDEO Consulting ‘Culture drives creativity’ Angus Beattie S3365681 Executive summary Most of us are creative however it is often suppressed at an early age. The realisation that we are born creative; can take action to change our current ways of thinking; apply tools and concepts from design thinking to assist us in our quest; and accept that failure is acceptable, should enable most people and organisations to be more creative and therefore more innovative. In today’s hyper-connected and competitive business environment, organisations need to innovate or perish as creativity is today’s competitive advantage. Firms like IDEO have become successful in assisting businesses innovate through harnessing the power of design thinking which centres on empathy, ideation, proto-typing and testing. Creativity and innovation need to be driven at all levels of the organisation and businesses can easily look to adopt some of the practices of design thinking to gain this competitive advantage. The award winning design firm IDEO exemplifies an organisation with a unique culture with a strong bias towards creativity and innovation and presents a role model for businesses wanting to learn how they can become more creative themselves. Contents Executive summary 2 Creativity is competitive advantage 4 IDEO & Design Thinking 5 Culture as a driver of creativity 7 Creativity for all? 9 References 11 Creativity is competitive advantage ...
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...Business Strategy Suzanne Wymer Grantham University Business Strategy This paper will be based on describing and evaluations on an organization’s business strategy. “A strategy is a plan or some sort of consciously intended course of action, guideline to deal with a situation” (Mintzberg H). Hospital Corporation of America business strategy is to keep true to their mission statement “above all else, we are committed to the care and improvement of human life” by having medical facilities where they are needed. Strategies are needed in day to day operations to keep the facilities up and running, and as a competitor for healthcare. One of the business strategies that HCA may use is by stating they are planning on building a new facility or buying a medical center that is going under, to discourage other healthcare companies from purchasing in that area. The pattern that HCA falls under is to provide the best healthcare to each of their patients. HCA choice to have some many doctors and nurses on staff is considered a business strategy by HCA. When HCA has more doctors and nurses on staff than the competitor they will be able to see patients faster, and still provide the best healthcare around. By keeping the wait time down the patients will be happier, and are more likely to return, and refer a friend. Another business strategy for HCA is patterns, which is where the medical facilities are built. HCA has...
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...Case Study – Organizational Development of Bain & Company July 2, 2012 Organizational Development of Bain & Company Bain & Co. Inc. (“Bain”) is a consulting corporation, established by Bill Bain and six former professionals from Boston Consulting Group (BCG) in 1973 to develop a strategy implementation that was markedly different from industry norms (Ormiston, 1990). According to Bill Bain, there were four problems he wanted to fix in the traditional consulting process specifically 1) short-term duration of projects with the report seen as the end product; 2) recommendations not supported by relevant data; 3) no follow-through on given recommendations and 4) performance metrics (i.e., Results of the recommendations) were mostly internal (peer reviews) not independent measures (Ormiston, 1990). Bain`s approach was to make a commitment to one company per sector/industry – refusing to work for competitors. In the 1990s, this strategy aided Bain in developing a deeper level of involvement with a limited number of clients. Sometimes, a customer had as many as fifty professionals working on all aspects of the business analysis (Harvard Business School Journal, 1990, pp. 95-96). The company de-emphasized the hype around the ‘report’, focusing instead on helping the client successfully execute policy recommendations. The results of these recommendations are judged by independent matrices such as the growth (or decline) of client`s stock prices when compared...
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...cannot ignore the fact that traditional organizational structures manage the daily activities of running a company well. But with the business getting more and more dynamic, the challenge for a company lies in being flexible and innovative with these conventional structures in place. In this paper we drew inspiration from the award-winning article “Accelerate!” in Harvard Business Review, from global leadership expert John Kotter and came to the conclusion that the existing structures and processed that form the organizations - ” Operating System” need additional elements to overcome the challenges produced by mounting complexity. The solution lies in the implementing a second Operating System with a focus on continuous redefinition of strategy to keep up with market changes. The approach to have second structure emanates out of the idea that an effective organizational structure needs flexibility as essentially as stability. The paper concludes with implementation of the second network like structure. The complete process of implementation is delineated into eight steps called Accelerators. Organizational Structures and the need for them Not less than often we read news about corporate failures...
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...hrmn 400 | ASSIGNMENT 4 FINAL ASSESSMENT | Southwest Airlines Case Study | | Temony McNeil | 3/9/2014 | | Introduction Southwest Airlines is a very aggressive company striving to increase its competitive advantage in the market without compromising the core values that have been set to differentiate itself from its competitors. It’s only by keeping the values of working hard, having fun, and treating everyone with respect that Southwest Airlines and its affiliates will continue to be an award winning organization. Southwest Airlines has been known to create a synergy between the multitude of personalities and behaviors which make up its workforce. Southwest has benefited from its successes by being able to acquire other airlines. The acquisition of new businesses will allow the Southwest group the opportunity to extend its services globally. Currently, due to limited resources and lack of saturation Southwest Airlines does not have a great market share in international flights. Southwest strives to increase its competitive advantage in the industry by increasing its market share of international flights. In order to do so, Southwest Airlines has recently acquired Air Tram Airways with goals of pursing other acquisition opportunities in the near future. Southwest Airlines must assess the organizational design since the process of aligning objectives can significantly impact its competitive advantage. (McGee & Molloy, 2014) This paper will attempt to detail...
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...& Garcia-Cuellar, 2007). Simi: Mission, Vision, and Value Ananlysis Mission - Improve the level of human life by offering products and services of quality to all health. Vision - Be recognized as a model of quality, service and confidence, with efficient processes, in a pleasant working environment which generate well-being and pride in belonging. Values – Generosity, Commitment, Service Positive Aspects: As stated by Hill & McShane, a mission statement defines the purpose of the organization and focuses on the needs of the customer. Simi’s mission statement meets this criterion. Hill & McShane also state that a vision statement defines the desired future state of an organization and results in the generation of strategies to achieve the mission and vision (Hill & McShane, 2008). This is evidenced in Simi’s response to federal regulations requiring quality standards in the drugs they produce and the processes Simi put in place to meet these requirements. Also their ability to maintain a significant market share in a highly competitive environment due to the professional, easy to access, friendly and...
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...Prepare a report that identifies and discusses how the ideas from any two functions of management can be used by managers to ensure innovative values and practices occur in their organization. TABLE OF CONTENTS Executive Summary …………………………………………………………… iii Introduction …………………………………………………………… 1 Purpose …………………………………………………………… 1 Scope …………………………………………………………… 1 Methodology …………………………………………………………… 1 Assumptions …………………………………………………………… 1 Limitations …………………………………………………………… 1 Background …………………………………………………………… 1 Plan …………………………………………………………… 1 Discussion …………………………………………………………… 2 Planning …………………………………………………………… 2 Organisational Goals ……………………….. 2 Strategic Planning ……………………….. 2 Leading …………………………………………………………… 3 Transformational Leadership .………………………. 4 Conclusion …………………………………………………………… 4 Recommendations …………………………………………………………… 5 References …………………………………………………………… 6 1. Executive Summary The purpose of this report is to advise Company X’s Chief Operating Officer (COO) how the effective use of the planning and leading functions can be utilised to ensure innovative values and practices are occurring within the organisation. The report was commissioned by the COO following the acquisition of a new business that lacked formalised planning and consequently the sales and profitability of the business had been in a decline over the past three years. In Item 3 the report examines innovative values and practices in the context of the planning...
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...Module Title: HR Strategy and Professional Practice Module number: BHL 6015 Module tutor: Hefin David Assignment Title: Strategic Choice in HRM? Group member: AO SUN 20048523 Wenhao Yuan 20048524 Yikai Zhou 20069377 Contents 1. Introduction 3 2. Different measures of analysis and comparison 4 2.1 Redeployment 4 2.2 Secondment 4 2.3 flexible working 5 2.4 Comparison 7 3. Strategic HRM 8 3.1 definition of the Strategic HRM 8 3.2 The extend of strategic HRM 8 3.2.1 HR outcomes with Harvard model 8 3.2.2 Vertical fit 9 3.2.3 Horizontal fit 9 4.0 Recommendation 10 4.1 Accept redeployment 10 4.2 Accept secondment 10 4.3 Accept flexible working 11 Reference List 13 Appendix 15 1. Introduction Standfast Insurance is to encounter a 25 million pounds budget deficit in the coming 5 years as a result of diminished market share. Apart from the budget deficit, the company is to encounter other challenges including the need to address rises in demand from customers. Therefore, in order to tackle the external and other influences, Standfast Insurance needs to come up with appropriate strategies. The company intends to improve quality and concurrently evade redundancy using a variety of strategies including redeployment, secondment and flexible working. This paper will start with literature review on redeployment, secondment and flexible working, after that...
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...Development Interventions…………………………………………...2-5 Reasons for Intervention…………………………………………………………………..6 Implementation of OD intervention……………………………………………………….6 What HRD Managers need to do to combat criticism…………………………………..6 OD intervention in General Motors – A case study…………………………………...7-8 Conclusion…………………………………………………………………………………8-9 References………………………………………………………………………………….10 Introduction In view of the increasing level of competition, technological advancement, the advent of the post economic effect of recession and many other challenges of the twenty first century; organisations have had to brace up in response to the challenge. In other to stay abreast; most organisations would normally use different approaches and strategies to have a competitive advantage. Those who are not able to cope with the pressure may run out of business, and those who have been able to soar higher have had to adopt a policy that proves productive to them. The decision makers in most organisations are always found brainstorming at each juncture with the aim of always “effecting change” even when this is capital intensive. Any organisation that is not able to respond to changes in the business climate may pay dearly for it. That is why organisational development interventions act as the crux of most meaningful changes. Though researches show that, it is a very sensitive practise in the running of organisations as any policy adopted by the organisation can either make or mar the organisations...
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...http://www.easy-strategy.com/strategy-gurus.html Home Sitemap Contact Us Articles Speaker Seminars Consulting Negotiation War Room Osama El-Kadi Easy Strategy Videos Stories Gurus 36 Strategies Art of War News Build a Site My Books History Management & Strategy Gurus and Masters The complete A to Z Guide ABCDEFGHIJKLMNOPQRSTUVWXYZ A point of clarification before you start your journey with the gurus and masters: a Guru is a person who is very knowledgeable and teaches a particular strategy. A Master is a practitioner of the art of strategy in life and in business. Management & Strategy Gurus Main Guru's Index ABCDEFGHIJKLMNOPQRSTUVWXYZ 1 of 41 9/21/2014 3:38 PM http://www.easy-strategy.com/strategy-gurus.html Military Gurus Blog Ask me! Newsletter Clients Privacy Policy Motivational [?]Subscribe To This Site A Igor Ansoff Igor Ansoff The father of Strategic management Igor Ansoff (1918-July 14, 2002) was an applied mathematician and business manager. He is known as the father of Strategic management. He was a distinguished professor at United States International University (now Alliant International University) for 17 years, where several institutes continue his work in strategic management research. Igor was recognized worldwide as the Pioneer and Father of Strategic Management. He was the first management strategy guru to recognize the need for strategic planning for firms operating in the increasingly complex and turbulent environment. ...
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...environment produces the possibility of using one of the strengths of ATM (namely, quality-of-service guarantees) to improve the performance of Internet traffic. In this report, we document some of our work in progress on the use of performance-guaranteed ATM virtual circuits to carry IP datagrams. We are currently addressing the implications of various IP-over-ATM strategies on network performance, particularly those aspects relating to quality of service, multiplexing, and virtual circuit management. We are evaluating these performance effects using INSANE, a new object-oriented, discrete-event network simulator. 1 Introduction The construction and deployment of Asynchronous Transfer Mode (ATM) networks are a recent development in the field of computer communications. Integrating this new technology into the existing Internet requires schemes for managing the transmission of IP datagrams over ATM networks. Such schemes ideally will take advantage of the strengths of ATM, such as its capability for supporting quality of service guarantees, while effectively bridging the gap between the data forwarding models of ATM (virtual circuits) and the Internet (datagrams). We are investigating the use of performance-guaranteed ATM virtual circuits to carry Internet traffic in a heterogeneous internetwork environment. In particular, we are examining the performance effects of different quality of service mappings, policies for multiplexing IP conversations onto virtual...
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