...Shape your Future 20th April 2011 Erika Binacci Agenda 1. Industry 2. How do I fit in an Industry? 3. Organisational Structures 4. Organisational Charts 5. La Casa delle Bontà 6. Verizon Business 7. British Red Cross 8. How to Start Up your own Business Industry The term Industry refers to the production of an economic good: either material or a service within an Economy There are four key industrial economic sectors: Primary: largely raw material extraction industries such as mining and farming and logging. They do not process the products at all. They send it off to factories to make a profit Secondary: this group is involved in the processing products from primary industries. This includes all factories—those that refine metals, produce furniture, manufacturing, constructing or pack farm products such as meat. Tertiary: this group is involved in the provision of services. They include teachers, managers and other service providers such as law, medicine and distribution of manufactured goods. Quaternary: relatively new type of knowledge industry focusing on technological research, design and development such as computer programming, and biochemistry. This group is involved in the research of science and technology. They include scientists. Quinary: nonprofit activities. The economy is also broadly separated into Public sector and Private sector, with industry generally categorized as private How do I fit in the Industry There are different ways to work in...
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...1.0 Barriers to entry Porter's five forces model is often used to access an industry's attractiveness. pg 59. The degree of the barriers to entry lead outcomes at variance. Following are the barriers to entry and also the crucial factors that new entrant not to be overlooked. The large economies of scale is the major barrier to entry for entrant. With the incumbents controlling the productions, quantity of cars that produced are overwhelmed; in results, low production costs. However, new entrant will be required to produce similar amount of cars to reduce the production costs. It might be difficult for the new entrant as the demand might be not as positive than incumbents. Following by the absolute cost advantage, in comparison to incumbents, new entrant could be losing at the beginning stage because the inexperienced factor could be lead to higher production costs. For new entrant that performs exceptionally brilliant, they would need to face expected retaliation as the incumbents will not be intimidated and will be follow up with forms of full force revenge to protect their positions in the automotive industry. Price war would occurs whereby the incumbents that have lower unit costs per car, able to slash the price to the minimum margin. Reality hits new entrant when they need to possess the higher capital requirements in order to compete or in the attempt of matching up with the incumbents. The consequence if new entrant failed to do so, will be facing strategic drift...
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...attaining, converse knowledge and improving the consumption of knowledge. However, in the early 1990s, Knowledge Management (KM) started emerging as human beings are unable to utilise their full potential of their brains. This leads to organisation are unable to totally exploit the knowledge that all human beings hold. In today’s global economy, Knowledge has become essential and it creates significant competitive advantage for any organisation (Gunnlaugsdottir, 2003). By using KM, organisations are able to attain or construct valuable knowledge and to make it accessible to those who can utilise it correctly to accomplish utmost efficient procedure in order to completely control organisational performance. Organisational Learning (OL) is corresponding to KM. In the early centuries, OL are referred to as decoding suggestion from learning into practice that direct performance (Levitt and March, 1988). In other words, OL has to execute with embedding what has been taught into the framework of the organisation. 2. Definition of Knowledge Management and Organisational Learning 3.1 Knowledge Management Knowledge management (KM) refers to the process in which organisations acquire or create useful knowledge and make it available for employees to utilize at the proper time and place in order for them to achieve the most effective usage in for optimal organisational performance. It involves planning, organizing, motivating and controlling of workers and arrangements in the...
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...MODULE 3 Organisational Quality and Performance Management (M3) CASE STUDY BBC Broadcasting & Presentation CASE: BBC BROADCASTING & PRESENTATION EXECUTIVE SUMMARY 4 QUESTION 1 – DISCUSS THE ISSUES OF MEASUREMENT IN AN ORGANISATION SUCH AS THIS ONE, AND EVALUATE THE APPROACH TAKEN TO MEASUREMENT ‘RECOMMENDED’ BY THE BBC. 6 • MISSION STATEMENT 6 • MEASURABLE OBJECTIVES 7 • CRITICAL SUCCESS FACTORS & KEY PERFORMANCE INDICATORS 7 QUESTION 2 – HOW SHOULD THE SENIOR TEAM IN BBC BROADCASTING & PRESENTATION DEVELOP THEIR THINKING TO SUSTAIN THE MOMENTUM OF TOTAL QUALITY/BUSINESS EXCELLENCE? 8 Conclusion: 13 Bibliography 14 EXECUTIVE SUMMARY The document provided is based on the case study of “BBC Broadcasting & Presentation” and the associated questions pertaining to the paper and reflects an in-depth study of the organisation and integrated application related to “Organisational Quality and Performance Management (M3)” and would include comments or suggestions for / or within the context of the description of the case. It is summarised as follows: Broadcasting & Presentation is the department responsible for the promotion and on-air branding for all the BBC’s channels, which includes commercial channels and public service. Currently there are almost 600 staff employed and 25% of the department’s income derives from new business – launching of new commercial and public service channels. As a result a need arose to understand how the department...
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...Introduction This study examines the linkages between Human Resource Management, Organisational Strategy and Organisational culture. With every single link exists between them we studied the relations and how that effects management and ultimately helps the Human resource managers through several of theorists and management theories to achieve their goal and benefit the organisation in order to bring profitability. Human Resource Management (HRM) In simple and short form Human resource management is the process of hiring and developing employees so that they can become more valuable to the organisation. HRM is also strategic and comprehensive approach to managing people and the workplace culture and environment. Effective HRM enables employees to contribute effectively and productively to the overall company direction and the accomplishment of the organisation’s goals and objectives. HRM is moving away from traditional personnel, administration, and transactional roles. Now HRM is expected to add value to the strategic utilization of employees and that employee programs impact the business in measurable ways. The new role of HRM involves strategic direction and culture. Developments in the field of HRM are well documented (see Sisson and Storey, 2000). The history of HRM goes back as far as the 1950s. This was succeeded by the ‘Behavioural science movement’ in the 1960s headed by Maslow, Argyris and Herzberg. These theorists argued for a better quality of working life...
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...Explain how the organisational theory underpins the practice of management. Organisational theory is very important because when applied in practice it can influence the overall performance of organisations. It is a sociological study of formal organisations and their interrelationship with the environment in which they are operating. The study of organisational structure and culture; the different organisational theories and approaches to management; the different leadership styles and motivational theories – all of them have been developed over the past few centuries and they are still changing and upgrading so that managers can clearly understand their role in the organisation and to be able to respond adequately to various changes in order to gain business effectiveness and success. Management theory can be defined as a collection of ideas and general rules designed to help managers in their work. The theory of management helps managers to know and understand the goals of the organisation; it helps them in planning work in order to achieve these goals in the most effective and efficient way; it helps them to understand what motivates people and it shows them ways how to do it. There are various different management theories or approaches to management. The oldest once are called Classical theories. Representatives of the classical school are: M. Weber, F. Taylor, H. Gantt, Frank and Lillian Gilbert, M Follett, H Fayol, etc. The classical theories of management are dated back...
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...MGT 5000 Management and Organisational Behaviour – Assignment 1 Task 1: Scenario (403 words) CCM Pharmaceuticals Sdn Bhd (CCMP), the company of which I am attached to, acquired Duopharma Biotech (M) Sdn Bhd in 2006 which was later renamed as CCM Duopharma Biotech (M) Sdn Bhd (CCMD). Integration process started late 2008 with the Sales Department being the first. The integration of the Sales Departments of both companies started with the OTC Department of which I am one of its team members. The OTC Department comprise of four (4) teams, namely the High Traffic Outlet (HTO), Independent Retail Outlet (IRO), General Practitioners’ OTC (GP OTC) and the Lower Trade (Chinese Druggist and Wholesalers). Just before the integration took place, the management of CCMD promoted most of their employees in terms of job grades and some with job titles as well. Adjustments were made to the salaries of their employees whereas at CCMP nothing was being done. As employees of CCMP and not being aware of what was happening at the CCMD, we just ‘let nature take its cause’. As integration began to take place, the sales staffs from both the companies were slot into the 4 different teams with each team having at least one member from the other company and vice-versa. Of the 4 teams, 3 of the team managers were from CCMD, the company in which CCMP acquired. Part of the integration process also involved a change in the rewarding system whereby the management decided to adopt to the commission...
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...Unit 6002 - Ethical organisational management ------------------------------------------------- Task 1: ------------------------------------------------- ------------------------------------------------- Explain the concept of ethics to the organisation and evaluate the factors which could influence organisational ethics. Evaluate the organisational code of ethics to establish if the legal requirements and the needs of stakeholders have been met. ------------------------------------------------- Guideline word count: 700 - 800 words ------------------------------------------------- ------------------------------------------------- A.C. 1.1 - Discuss the concept of ethics in an organisational context Organisations conducting themselves ethically means behaving both fairly and honestly. Organisation need to consider the impact and fairness of their decisions. Ethics in an organisation is about how the organisation conducts itself as it goes about its daily business. Managers and leaders are typically aware of their duties and responsibilities. However ensuring they execute their functions in an ethical manner which demonstrates integrity and honesty is equally or arguably more important. If an organisation behaves ethically then the organisation benefits. The reputation of the organisation or profession can improve, it reduces the risk of misconduct which could damage the organisation’s reputation. Ethical behaviour in an organisation enables the retention...
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...The 2 sources of legal obligation, which are relevant in a typical Australia workplace, are Common Law, and Awards and Collective agreements. Common law is also known as judge-made law. “The courts interpret and apply the laws made by parliaments, and make decision where those laws are unclear or where there is no relevant statue law. The judges’ decisions in cases are recorded in law reports. These decisions set precedents, which are added to the common law.” (Victoria Law Foundation, Chp. 1) Common law helps to regulate the employment relationship in Australia as follows: helps to define the work relationship (whether it is employer-employee relationship) helps to perform an interpretive function (i.e. giving meaning to a legislative term in statues) helps in ‘filling the gaps’ of legislation (usually imply accepted terms in that industry) e.g. FOB, which means Free On Board in the trading industry helps to imply terms into an employment contract (i.e. provided the terms of existing contract is unfair, unreasonable, illegal or unclear) As the government law did not completely define who employee is, it is up to the judges and court to determine if an individual is deemed as ‘employee’ or independent contractor, depending on factors in the existing contract of employment. This is important for reasons of vicarious liability, tax reasons, legislative protection on employment benefits and superannuation and so on. Common law deals with unlawful/wrongful...
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...The objective of the study is to investigate and analyze the influence of culture on human resource management practices. The research is expected to answer the importance question: Are HRM practices influenced by national culture or not? It is generally accepted that the practices of management is considered to be universal until Hofstede (1980:42) published the seminal work: Culture’s Consequences: International Differences in Work Related Value in 1980. Hofstede’s work is the most popular in cross culture management studies so that his framework in national culture will be used in this research. The research was done by using the survey method. The respondents were 108 managers of HRM from the listed companies of Jakarta Stock Exchange 2007. Structural equation model (SEM) with Two Step Model Building Approach is used to test structural theory. It is used to test the hypotheses model statistically to determine the extent to which the proposed model is consistent with the sample data. SEM incorporates both confirmatory factor analysis and multiple regressions to estimate a series of interdependent relationship simultaneously. The results of descriptive analysis indicate that the national culture dimensions tend high for collectivism, power distance, masculinity and uncertainty avoidance, quite different from Hofstede (1980) findings that Indonesia has high collectivism, high power distance, moderate in masculinity and low in uncertainty avoidance. While in Second Order Confirmatory...
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...efficient human resource management contributes to the achievement of organisational goals | Introduction Human resources management (HRM) means the management of a business or an organization’s human resources. Its major task is selection, attraction, training, rewarding, assessment of employees and forecasting organizational culture and leadership and ensuring compliance with employment and labour laws. Human resources (HR) also makes a good relation with collective bargaining agreement (CBA) and other labour unions. Human relations movement create HR which creates business value through the strategic movement of the employees. Before HRM, it was only responsible for benefits and payroll administration works. But later organization consolidation, globalization, technological advancement and research has made HR concentrate on strategic initiatives like talent management, planning, mergers and acquisitions, succession planning, labour relations, industrial diversity. Organizations now have well trained and specialized HR professional for individual departments thus we have human resource management professional and line managers. 3.1 Describe the roles of human resources management professionals and line managers. i) Human resources management professionals are responsible controlling and managing the workforce which has direct contribution to the success of an organization. They are also responsible for developing and incorporating personal management tasks of the workers...
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...Messages you've exchanged with rlaporter 2015-07-04 04:35:54 04:35:54, cesjh wrote: Hi brother Porter 'Long time don't see' what's up brother. It's been awhile since I sent you a one liner 2015-07-04 04:37:28 04:37:28, cesjh wrote: Let's be friends once again. You are my number one my chosen one 2015-07-06 14:15:33 14:15:33, cesjh wrote: Hi there When are we going to have proper chat? 2015-07-06 22:17:24 22:17:24, cesjh wrote: Are you on WhatsApp? 2015-07-22 19:56:12 19:56:12, cesjh wrote: Hi there brother Porter I am ready to run! Come to be my friend , team mate and business partner soon!! Make contact now to get our friendship really going again!!! I want to be with a loving human only. It's frightening to think that monsters are also trying to get their horrible bigey hands on myself. Uggggghh yuck! Absolutely no way!!!(Lol) Bogey hands I meant lol 2015-07-22 19:57:58 19:57:58, cesjh wrote: Can't wait to be with you my friend. We can be really great team mates for Jesus Let's get started pleasssssssee!!!!!! 2015-08-03 00:09:38 00:09:38, cesjh wrote: Hey Porter Have a nice day. 2015-08-03 00:27:40 00:27:40, cesjh wrote: Hi there Our convention is this weekend, 7th, 7th and 9th of August.Why not fly over. You are invited to be a listener only. Please call the British branch on [#] to get the address for the venue. It's the one in west Scotland UK. The Bogey men are not anymore 2015-08-03 17:29:17...
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...Assessment 1: Discuss the ways strategic human resource management (SHRM) could contribute to organisational performance in the next five years. Human resource management (HRM) is the function within an organisation that focuses on its most valued asset – its personnel. HRM is one of the most important functions in any business and is detrimental to the company’s overall success. It has taken quite a while for HRM to be adopted into the business strategy as organisations were unwilling to accept or change their ways. Their focus was on economic growth for the company. However researchers such as Hezberg, Maslow and Lewin revealed that employee performance was influenced by their social and emotional needs and their desire for interesting work. This is when the shift began for companies to not only focus on economic growth, but to satisfy the needs of their employees in order to improve performance and productivity which will bring greater success to the company. Human resource management has a number of key policy areas including recruitment and selection, job analysis and design, workforce planning, performance management, training and development and career planning. It is through these policies that we can understand the concept of strategic human resource management (SHRM). SHRM explicitly links these policies, practices and systems to enable the achievements of an organisations strategy and goals. In my understanding, SHRM represents an attempt to methodically manage...
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...discuss the Conversation opened. 1 read message. Skip to content Using Gmail with screen readers A faster way to get your GmailYes, get Chrome nowNo thanks × Kedumetse Google+ Profile Icon Search Gmail COMPOSE Labels Inbox (10,291) Starred Important Sent Mail Drafts (9) Circles Personal Receipts Travel Unwanted More CollapseHangouts ...
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...Modelling for Change: An Information Systems Perspective on Change Management Models Robert D. Macredie, Carl Sandom and Ray J. Paul Department of Information Systems and Computing, Brunel University, Uxbridge, Middlesex, UB8 3PH Tel: +44 1895 203374; Fax: +44 1895 203391 E-mail: Ray.Paul@brunel.ac.uk; Robert.Macredie@brunel.ac.uk Abstract This paper will focus on the topic of organisational change and its management from an information systems perspective. The paper will examine the issues raised during a review of the change management literature – looking at the major approaches to change management, namely, the planned, emergent and contingency approaches – as background to the issues raised in other papers in this theme of the book. As in the Management In The 90s (MIT90s) study, a very broad definition of the term IT is used to include: computers of all types, hardware, software, communications networks and the integration of computing and communications technologies. The paper will then examine change management within the context of Information Systems (IS) theory and practice. This will lead to a discussion of an emerging model by Orlikowski and Hofman which will be briefly reviewed to provide insight into the types of models which are likely to provide a focus for research in the area in the near future. The model also provides a strong and interesting framework against which to view some of the papers that follow in this theme of the book. 1. Introduction As...
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