...Employee Portfolio Management Plan The objective of this word synopsis is to be in the place of 3 workers at Riordan Manufacturing. These 3 workers have lately taken different self-assessments to assist the administrator in handling the teams. The synopsis will talk about the methods by which these 3 employees’ qualities impact the efficiency of the company and make suggestions for further evaluation. The 3 workers that have taken these exams are: Matt Peace, Russ Jarrell, and Dustin O. Matt has obtained 81 in the exam “How happy and I with my job?” Since his rating was below the average he is an extremely happy individual with regards to his work, he is upbeat. But, he can't accept criticism and he ought to learn the way to be capable to accept criticism. In the test IIA2 his rating was 28 this explains that he is a planned applicant. These are points that he does without any reason and he must begin having a cause for everything he does. In the IIC2 exam, Matt fares 34, meaning that he possess a greater psychological intelligence. He ought to learn how to be lesser subjective while evaluating. Russ has had exactly the same exams as Matt and his results were different. In the 1st exam he obtained 75 meaning that he is a normal happy individual with regards to his work, whilst in the 2nd exam he obtained 30 showing us that he has got a greater psychological intelligence. The advice for Russ is to enhance the level of attention while working to ensure that all things are...
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...To overcome the generation gap of employees Nationwide went on a marketing campaign to hire more millennials within management. When it comes to companies hiring new management, they will do this one of two ways. These two methods refer to the type of change a company can use, continuous or discontinuous change. But first we need to look at what these types of changes are and how they can relate to Nationwide Life Insurance's possible new approach to hiring new management. Continuous change by definition are changes that are expected and understood by the company. When looking at the Nationwide example, continuous changes are the ones that they have been doing for years. These are the hiring of the same types of managers like they have in years past. But since it's been proposed to hire a different breed of managers this kind of change is not the appropriate one for this example. Discontinuous change is a sudden change that goes outside of the traditional norm of the company's direction. These types of changes threaten traditional authority or power structure because it drastically alters the way things are currently done or have been done for years. Looking at Nationwide's proposed change of hiring managers who know the technical side of the job, this is the kind of change they should be using. Any recent hiring of managers at Nationwide Life Insurance has been ones that have no background of life insurance. These types managers can be good leaders but with no knowledge...
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...Managing Change Paper III Steptoe & Johnson, LLP (Steptoe) made the decision that there was a need for change within the company. The revenues within the company were of great concern and the partners felt the issue needed to be dealt with immediately. Steptoe failed to create a shared vision within the company that leads to a difficult change over. Steptoe needed to create a sense of urgency and separate the past issues to make the changeover successful. The leadership needed to take responsibility and set a structure for everyone to follow in order for the change take effect and maintain after the transition was complete. In this paper, we will discuss the needs for change within the organization and the proper steps that needed to be done to complete an effective change. Analyze the Need for Change Analyzing the need for change is a crucial step in the change process. Without proper analyzing why must change result in failure from the very beginning. Steptoe & Johnson, LLP made the assumption that the need for change was a necessary component that needed to be addressed and imposed immediately. The decision was primarily based on discussions amongst partners of the firm in respect to payroll and bonus issues that they were not pleased with. The partners decided that in order eliminate these issues, the firm as a whole would need to cut back as soon as possible. This was not a discussion that discussed with the partners and the management team’s it was at the...
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...Evolving Corporate Culture Report Evolving Corporate Culture Report Diversification of environment is the key to the growth in today's competitive global marketplace. No longer can America's organizations and corporations hide behind their lack of cultural intelligence. All organizations that seek global market relevancy means embracing diversity in elements such as how they perceive, think, act and innovate. Thus, they take into consideration all the factors that affect strategic planning and management. Corporate management is the process of leading, administrating and directing a company. Business tasks often performed by corporate management might include strategic planning, and managing company resources and applying them with a focus on attaining the company’s objectives. Expansion of global business space of an organization or a company can lead to amid challenges in its operations hence the need for change in corporate strategic management. For instance, the Equity Bank in Kenya was a local corporation initially but in the recent years, it has expanded its scope to other countries and states e.g. Uganda, Tanzania, Rwanda and Democratic Republic of Congo (DRC). This has led to the need for changes in its corporate operations due to large scope. Thus, it is true that its expansion has resulted in various changes; these include; change in strategic management, change in business planning, change in controlling and financial management, change in marketing management...
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...Article Review Annalisa Knupp MGT 426 June 9, 2014 Article Review Self-motivated or vigorous organization often appreciate oncoming changes and embrace the embeddable lifelong learning. The world as a whole is consistently changing at a rapid pace and those who do not welcome it are left behind. This hold true in almost any circumstance especially in the business market. This is why it is important for organizations to encourage continuous learning amongst all of its employees (Chron, 2014). A learning organization is defined as an entity who welcomes and collects knowledge to make the necessary changes to remain innovative enough evoke a powerful competitive edge over its competitors. This is done by creating an environment that encourages the employees to learn by using critical thinking, taking risks, and implementing new ideas. It is also important to understand those same employees are welcomed to learn from his or her mistakes then placing value on the employee’s contributions. It is from those learned mistakes, experiences, and experiments the organization has the ability to learn and move forward. After such, the management should disseminate the knowledge throughout the organization and establish what had been learned. This promotes the ability for an organization to rapidly implement changes to the day-to0-day activities successfully (TheBusinessDictionary.com, 2014). These concepts are important to understand when reviewing articles that pertain...
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...Managing Change Paper Part I Managing Change Paper Part I Intro In recent years, the world has seen significant changes in technology. With new technology come new challenges. One of those new challenges is identity theft. Identity theft can happen through the internet, ATM, emails, or even a phone. Identity theft can happen when any person(s) takes an individual’s information, such as their Social Security number, or even banking information for financial gain. “Close to 100 million Americans have their personal information placed at risk of theft each year when records in databases are lost, stolen or accessed by unauthorized individuals” (Information systems and technology, n.d.). Identity theft not only costs the person, whose identity is stolen, time and money but also costs the banking industry time and money. There are so many ways that thieves can access your information whether it is your credit cards, savings accounts or checking accounts. Banks spend countless hours trying to find the most ways to fight and prevent identity theft. Banks must constantly update their computer software and use programs that will not only send red flags to the banks but will also block the use of the information or cards. Team B has chosen to see what changes SunTrust Bank needs to make to combat identity theft or improve on what is already in place. Continuous Versus the Discontinuous Changes SunTrust Bank currently offers 24 hour around the clock monitoring for identity thief...
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...Ethics During Change Jasmine Mitchell MGT/426 Richard Spinner November 7, 2013 Introduction When an organization is implementing a change its alters the environment as a whole. Management changes, so does the policies being enforced and so does the ethics of the organization. Organizational ethics include culture, trust, process and outcomes. Ethics A management team has to adapt the new vision and utilize it to have a successful organizational change. “A lack of vision” Palmer, Dunford, & Akin (2006) is associated with organizational decline and failure. “Visions are sometimes confused with goals and mission statement and organizational values” Palmer, Dunford, & Akin (2006). This is a very important part of ethics, because if everyone does not have the vision and goals as a whole the ethics will also not be in unity. Ethics is defined as “ moral principles that govern a person’s behavior or the conducting of an activity”. “In organizational terms, ethics are beliefs about what is right and wrong, they provide a basis for judging the appropriateness or not of behavior and they guide people in their dealings with the other individuals, groups and organization”. Reflections: Ethics and Organizational Change-. (2009, December). Journal of Change Management, 9(4), 359-381. Retrieved from http://www.uop.com When a company makes a change the organization is still obligated to protect the companies employees and the organization as a whole. This means...
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...Week 2 Team Assignment Anthea Goolgar-Mccalla MGT/426 July 16,2014 Martha Stanislas Week 2 Team Assignment This writer was asked to describe the cycle of change, and the specific change that needs to occur within the cycle of change. What is change? according to (businessdictinary.com, n/a) “change is to make something different.” The change cycle is a process/ movement of doing something. The change cycle review the process of why something is needed to be done it also enhance the process and create efficiency, it helps the individual to communicate efficiency and accurately. The change cycle helps you to understand the following when a change is taken place. Why a change is needed at this precise moment, is this change beneficial or not, would it be cost effective or not, last but not least when will it be done and is it the timing right for the change that’s taking place. The first cycle of change are planning in everything you do there has to be a plan in order to be successful the second step is implement, you would then need to figure out how are you going to put this plan into action, then thirdly you will need to measure your plan, basically you will need to observe and value this plan last but not least you will need to evaluate your plan this is the process where you measure the extent to see if your targets are on point and will you be able to meet your target, and at this point you are able to see issues and problem that may arise, the factors that affect or...
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...Article Review University of Phoenix MGT/426 Managing Change in the Workplace May 13, 2013 Article Review The article titled “Putting the positive in change creates an inspired work team” discusses the steps needed to take in order to implement change. For example the article discusses the benefits to realizing the need for change, the benefits of setting goals when implementing change as well explaining why change is good and the positive values which both businesses as well as individuals will gain when undergoing change. The article utilizes an example of using preregistration techniques in order to cut back on customer feedback within the United states. The author of this article discusses the importance of team leaders and managers being proactive within the workplace. The author explains that in order to effectively manage the change within a business or organization managers and leaders’ need to remain active within the process. Remaining active and honest with all employee’s will help in ensuring that all individuals within that particular area within the organization are on the same page and provides the individuals with a sense of accomplishment. The author makes it a point to explain to the readers as to why change is positive and how presenting the correct attitude when contemplating or implementing change will have the ability to either create a smooth running change process within...
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...Article Review Raymondo D Bookert MGT/426 August 13, 2014 Jeff Mausig Article Review Time and change are the two things that we always have to think about, no matter what you do as a job or life. If you are not willing to change and understand the time that we live then success will never be an option. The article that really impressed was from the required readings from University of Phoenix. The article title is Putting the Positive in Change Creates an Inspired Work Team. This paper will discuss the article, the author’s conclusion and/or recommendation, my conclusion and/or recommendation, and how the concept in the article applies to my organization. Individuals that are in the health care business need to understand what it takes to be successful. Understanding the many steps it will take to attain the goal is what the author had in mind. Since it is the healthcare environment that is every changing then it would be great for the reader to understand this very truth. These steps planned out by the author allow those in the health care provisions to attain a higher accuracy rate. There are many different ways to do have a positive change in the work force through teamwork. The ideas that were given are very beneficial to the team. Some of the main points were to be open, cultivate change, to positively embrace change, and then to encourage change. The idea very well might be the best ideas for teamwork. You must be open, and understand that if you are open that...
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...ACC 560,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 560,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 561,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 561,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACC 565,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACC 565,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACCT 346,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACCT 346,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACCT 434,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACCT 434,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, ACCT 567,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, ACCT 567,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, PHI 200,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, PHI 200,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford, Res 301,Course,Complete,All,Entire,final,Week,1,2,3,4,5,6, Res 301,dq,discussion,question,assignment,midterm, ,exam,quiz,Strayer,Latest,New,Project,Keller,Homework,Phoenix,Ashford BA 215,Course...
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...Learning Organizations Article Review Dustin Buckner MGT 426 December 21, 2015 Glorieta Robinson Learning Organizations Article Review I read “Strategies for Creating a Learning Organization” written by William King. This was a good article that gave a definition of learning organizations and talked about six different strategies for creating a learning organization: Knowledge management, intellectual property management, innovation, organizational learning, individual learning, and information systems. Information systems was talked about first. It is the collection of data and the process of turning that data into useful and valuable information. Almost all companies use this type of learning organization strategy. We definitely use this where I work. I work for a small business that sells window coverings. Being in sales we take all types of data and use it. We find out how many appointments we have had and sales we have made to determine our closing ratio which helps us see how successful we are. This is a tool all companies should be using. Next the author talked about the intellectual property management strategy. This strategy is where a company will use their intellectual property as leverage to create additional value. This strategy is made more usable along side of the information sysytems strategy. The concept of this strategy is to the companies knowledge can be thought of as an asset with which they want to maximize the return on that asset. The third...
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...Running head: COCA-COLA AND PEPSICO Coca-Cola and PepsiCo: Similarities and Differences Lamar Smith Michel Brown Annette Pete May Valencia Cardinal Stritch University MGT 426 August 18, 2011 Submitted to the faculty of Cardinal Stritch University in partial fulfillment of the requirements for the degree of Bachelor of Science in Management. Introduction Two of the largest and most profitable corporations in the United States are the Atlanta, Georgia based Coca-Cola Company and the New York based Pepsi Cola Company. While both are called "colas" they both attempt to address the same target tastes but from different approaches. Coke was the first on market with what is still a "secret" formula and Pepsi followed with a similar (not exact) taste. Since taste is very much a factor of your personal likes, either or neither may appeal to you or seem sweeter (Inforefuge.com. 2011). This paper will discuss the similarities and differences in the processes used by Coca-Cola and PepsiCo for place, price, and promotion. Place and Price The marketing exposure of PepsiCo and Coca-Cola is everywhere ranging from commercials, billboards, and mail advertisements all over the world. Although they target the same markets, they both use different approaches to their marketing strategies. This is evident when comparing the two companies’ websites. When browsing the Coca-Cola website you will experience a more conservative style; there is...
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...Article Review MGT/426 March 18, 2015 Article Review Committing yourself to those that you do not know requires an open mind, heart and willingness to delve into emotions and feelings not typically found in a work environment. This trait is becoming more common within the workplace as it is a necessity to make the effort in order to understand and reciprocate typical thought processes, feelings and actions within a business institution. Article Summary Corey Jamison suggests a pattern of guidelines that shows how to make efforts efficiently for adjustment within a client based business. She stresses the importance of the assessment of organizational needs, and recognizes the identification of organization pattern; as well as the concept of living in a client system. She also points out the importance of understanding and appreciating the distinctive qualities and specific needs of working effective change within a client-organization. She refers to this process of coming to know an organization or business as “living in”. She suggests that "living in" a client system informs the change agents what they must be aware of in order to understand the target organization or business and their relevance to it. It also enables them the ability to discern the nuances of the system itself. (2001) Corey Jamison’s recommendations Mrs. Jamison poses several questions that are instrumental to the message of her article. Such as: How one is able to...
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...Article Review University of Phoenix MGT/426 Managing Change in the Workplace October 26, 2014 Diane Welhouse Article Review Creating a learning organization is a necessity for every business. Learning organizations can adapt to change and face challenges with positive results. Adalat Kahn’s article Creating Learning Organizations is a great resource on learning organizations. The information provides examples of why learning organizations are so important in the business world. Further, Kahn explains and defines what a learning organization is. This review will serve as a tool to analyze Kahn’s beliefs providing insight from the reader on topics discussed by Kahn. Defining a Learning Organization According to Kahn a learning organization is “an organization which as a whole develop its human resources on a continuous basis by developing new knowledge, skills, attitudes and strategies to achieve its goals” (Creating Learning Organizations, 1997, para. 4). This is a broad statement that requires explanation. Kahn further breaks down his ideas. He lists and explains the benefits of a culture that embraces continuous learning. One benefits of a learning organization is the power of knowledge. Companies that constantly acquiring knowledge are likely to be more innovative. They are quick to pick up and adjust to growing trends. Next, he explains that organizations that promote continuous learning release the...
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