...Running head: OVERVIEW OF MANAGEMENT Overview of Management Erminia Ponce University of Phoenix Overview of Management Kudler Fine Foods was founded by Kathy Kudler in 1998. Kathy once was a Vice President of Marketing of a defense contractor; Kathy traveled constantly and endured the pressures of corporate life. Kathy ultimately wanted something different, something less stressful and gourmet cooking seemed to relieve the stress for her so Kathy decided to embark on an opportunity on an upscale epicurean food shop in La Jolla. Kathy opened her first store in June, 1998 and within the year the store was profitable. Kathy later opened two more stores by 2003, one in Del Mar and Encinitas and now Kathy is looking at expanding and opening another store. Kathy is the president of Kudler Fine Foods and her primary function is to oversee the three stores. Kathy is responsible for the planning and strategizing, however, each manager or department supervisor has the responsibility for his or her team. Whether at the managerial, individual, or team level, the management process involves planning and strategizing, organizing, leading and controlling and decision making. (Gomez-Mejia-Balkin, 2002). Kathy has an Administrative Assistant who works directly for her and her responsibilities are to provide administrative support to the company president, scheduled appointments, assist in the recruitment process and answer phones. The Administrative Assistant performs...
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...Overview of Management: Kudler Fine Foods University of Phoenix MMPBL502 Introduction Kudler Fine Foods (KFF) is an upscale gourmet food store for shoppers with discriminating tastes. Kudler’s store stocks an array of gourmet items that vary from produce, meat, seafood, baked goods, cheese and dairy and wine. Kudler purchases organic products to the extent that is feasible. Currently, Kudler has three locations in California: La Jolla, Del Mar, and Encinitas. Each store is staffed with a manager and assistant manager. The brainchild behind this gourmet store was established by Kathy Kudler. Kudler Fine Foods has been so successful that Kathy is looking for additional sites to further expand the Gourmet Food chain. As matters stand, KFF has flourished; however, to continue success, Kathy will need an excellent management team to make certain the stores continue to provide the best gourmet products possible. Primary Functions of Management According to Gomez-Mejia & Balkin, “successful organizations know how to manage people and resources efficiently to accomplish organizational goals and to keep those goals in tune with changes in the external environment, such as those brought about by technology, legislation, and competitors.” The four primary functions of management are needed for Kudler’s continued success and the functions are: Planning/Strategizing, Organizing, Leading and Controlling. Planning and Strategizing A significant...
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...Case Management Overview Diana G. Resendiz BSHS/ 405 September 21, 2015 James Reeves Case Management Overview Case managers play an essential role in the helping process. Case managers take into account the person as a whole and focus not just on one problem, but also all the other variables (Summers, 2011). The case manager ensures the client receives the most individualized and effective treatments and plan for service possible. The many roles and responsibilities are carried professionally and ethically. The case manager also can use theoretical models to identify problem and cause of the client's behavior. Many times, case managers work with specific special populations and encounter issues that must be prepared to address. Roles and Responsibilities Case management primary purpose is to improve the quality of life the client by assessing their total situation (Summers, 2011). It is imperative that the case manager knows what their client wants not only for service but to have a productive and useful life. Case managers develop a comprehensive picture of each client and identify the specific intervention the client may need. Case management entails being respectful to the client, their family, and the diversity of the human experience. It also requires listening carefully and encouraging people to hope and work towards a productive and healthy life. Case managers utilize funding sources to support standard formal services, in some cases, medication, as well as community...
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...Risk Management Overview February 21, 2011 FIN/415 Risk Management Overview Paper Risk management is a systematic process of managing the exposure of the organization to a variety of risks. This process has become increasingly important for the success of any organization in current competitive markets. The successful identification of threats and opportunities is crucial in risk management as it allows to create the processes and procedures allowing the company to maximize opportunities and minimize threats. Many organizations treat risk management seriously and create separate department responsible solely for risk management. Royal Caribbean Cruise Line incorporated risk management department into its structure. This step allowed this organization to improve the risk assessment procedures and introduce the necessary processes to minimize the impact of threats. The organizational risk relates to the organizational governance, operations, and information systems. The organizational risk management “provides assurance for reliable and accurate financial and operational information and reporting, effectiveness and efficiency of operations, and safeguarding of assets, as well as compliance with regulations, contracts, and the organization’s code of ethics” (Aghili, 2010, p. 23). Organizational risk management treats the relates to the organization as one entity and...
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...Phase 2 DB 1 MPM210-1404A-06 Project Management Overview Oct 15, 2014 Dr. G. Whenever something has to be accomplished or a project started, most people start thinking before they begin the project with an idea of how they are going to accomplish it. This can vary from the easiest ways to do it to the more complicated ways to how much it is going to cost. Whoever is paying for the endeavor is usually the one that comes up with the idea of what is to be done and a little about how it is going to be accomplished. In the project management world; this person would be called the sponsor and the person accomplishing the actual project details or making it happen would be the project manager. Here I will look at what is detailed in the project charter from the sponsor and the scope statement for the project manager. The project charter is very important because it details certain things for the project manager. The first thing it does is that it formally authorizes the work to be accomplished and gives the project his or her authority to do their job. The project charter will also describe the business need for the project and its expectations or results needed. This charter is usually written outside of the project manager team who can make sure the needs of the project are available for the project manager. Along with the charter, it may also include key assumptions or constraints that could affect the project schedule, budget or quality. It may also contain target...
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...List of Abbreviations PM Performance Management PMS Performance Management Systems PMT Performance Measurement BS Balanced Scorecard PMA Performance Measurement Analytics Introduction Performance Management (PM) has become an important part of today’s management tools. PM in general tries to increase organisational effectiveness by setting up measurements and goals for individuals, department and the organisation as a whole. It also aims to set goals both strategic and operational for the organisation using PM. To achieve the pre-set goals people and resources working in the organisation need to work as reliable and efficient as possible. To make PM a tool which can be handled in an easier more management friendly way different Performance Measurement Systems (PMS) have been created over time. I am going to talk about one of them The Balanced Scorecard later on. The PMS goal is to link the different performance figures and give a quick and precise view of the company’s performance also taking intangible assets into account. After talking about the theoretical part of PM I try to give an insight in the more personal approach of PM by looking at the behavioural factors contributing to PM. PM needs to be supported by everyone who is part of both the planning and the executing of the tasks. The personal behaviour towards PM and its indicators have especially changed in the last couple of decades due to a shift in the economy from a mostly static work environment with...
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...zHISTORICAL OVERVIEW OF MANAGEMENT Major objective of treating “Management Theory and Practice” in a concise, interesting, and understandable manner will be to present management history and theory with an emphasis on the future. Most students will be applying the concepts learned here over a period of next many years. Another objective shall be to identify several areas where management concepts are applicable to the personal and professional goal-setting and also to apply the management skills to the challenge of managing the most difficult peer or subordinate – the one that may confront you in the mirror each morning in your professional career. In any treatment of a basic subject like this, there is little that the resource/anchor person can claim to be uniquely his own except his/her tacit knowledge and the presentation style. The write-ups from chapters of recommended text books for this course has also been included and are highly acknowledged. The Intellectual Heritage of Management: Organized endeavors directed by people responsible for planning, organizing, leading, and controlling activities have existed for thousands of years. The Egyptian pyramids and the Great Wall of China, for instance, are tangible evidence that projects of tremendous scope, employing tens of thousands of people, were undertaken well before modern times. The pyramids are a particularly interesting example. The construction of a single pyramid occupied more than 100,000 workers...
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...Fundamentals of MIS 1. What is computer hardware? What are the different parts of hardware? Discuss. Answer: Computer hardware is the collection of physical elements that comprise a computer system. Computer hardware refers to the physical parts or components of computer such as monitor, keyboard, hard disk, mouse, etc. Refers to objects that we can actually touch, like disks, disk drives, display screens, keyboards, printers, boards, and chips. In contrast, software is untouchable. Software exists as ideas, application, concepts, and symbols, but it has no substance. A combination of hardware and software forms a usable computing system. All the elements that go together to make up a PC fall into one of two categories, hardware or software. This section is about hardware, the stuff upon which software runs. One of the definitions of 'hardware' according to Webster's dictionary is 'major items of equipment or their components used for a particular purpose'. Everything you can see and touch in your PC is hardware. Complete PCs can be purchased for about $300 today, and the prices keep falling! All the items listed below that make up a PC can be purchased individually at computer or web supply stores. This following list represents a basic set of hardware found in most PCs. For more information on these components just click one. 1. PC Case 2. Motherboard 3. Power Supply 4. Hard Disk Drive (HDD) 5. Floppy Disk Drive (FDD) 6. Compact Disk Drive...
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...to be a project (400-500 words) (20 marks) II. Go to ONE organisation’s website (but not your employer) and identify and describe ONE project it has or will be undertaking. Explain: a. the change this project will bring about (150-300 words) (10 marks) b. how the project links to the organisation’s goals (150-300 words) (10 marks) PART B (PROJECT MANAGER) (1200-1700 words) (65 marks) There is extensive literature on the desirable skills/traits/characteristics/personalities for an effective project manager. I. Describe THREE traits/characteristics/personalities, based on academic references. You must have at least 5 references in answering this question (900-1200 words) (45 marks) II. Completing your project management degree at Curtin University is a project and you are the project manager. Reflect on how each of these traits/characteristics/personalities will help you be successful in completing your degree project references (300-500 words) (15 marks) Marking Guide COMPONENT Marks Available PART A Activity identified justify as a project 20 Explanation of the change that the project will bring about 10 How the project is linked to the organisation’s goals 10 PART B traits / characteristics / personalities of a Project Manager - #1 (inc. quality of academic writing) 15 traits /...
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...Project Management Urayoan Rivera INF 410 January 13, 2014 Instructor: David Drys Project Management Project Management is a system that allows any project whether it is small, medium, or large in scale to be executed in the right way. We do know that there are factors either internal or external that may hamper a project. Projects can be hampered sometimes by bureaucracy from inside the company or by factors of third party providers. Those are things that a manager sometimes cannot help or avoid. However, the system of Project Management is more than effective. It will allow executing the project to a successful one. The benefits of project management are more than beneficial and allow having a project become cost effective and the system allows order, organization and a process than can be used in all aspects of an organization. Project Management is a system that “provides people with a powerful set of tools that improves their ability to plan, implement, and manage activities to accomplish specific organizational objectives (Larson & Gray, 2010)”. From this first definition, the understanding is that Project Management enhances the planning, implementation and management of a project or activity in order to reach its primary and ultimate organizational goal. Another definition of Project Management is “a results-oriented management style that places a premium on building collaborative relationships among a diverse cast of characters (Larson & Gray, 2010)”. In any...
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...Human Resource Management Overview Name HRM/300 Date Instructor Name Human Resource Management Overview Human resource management (HRM) has a role that supports organizations in achieving their goals by hiring and maintaining effective employees. The human resource manager is in charge of the staffing, defining and designing work, and employee compensation and benefits. The goal for HRM is to make the most of the production of an organization by improving the success of the employees. Human Resource Management According to DeCenzo & Robbins (2007), human resource management will deal with the changing world and how it relates to the work field. HRM must “understand globalization, technology changes, workforce diversity, labor shortages, changing skill requirements, continuous improvement initiatives, the contingent workforce, decentralized work sites, and employee involvement” (DeCenzo & Robbins, 2007). Primary Function The primary functions of human resource management are overseeing department functions and managing employees. This includes strategic and functional responsibilities, compensation and benefits, training and development, recruitment and selection, and employee relations. Strategic Plan The strategic planning is when a company defines objectives and addresses any internal and external factors. The strategic planning process includes the mission and objectives, situation analysis, strategy formulation, strategy implementation, and...
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...Case Management Overview Paper Sarah Pierce BSHS405 May 21, 2014 Glenn Cummings Case Management Overview Paper The purpose of this paper is to give a brief overview of case management. This paper will first discuss the 13 various roles and responsibilities of a case manager. Then, it will explain the importance of being able it identify problems and causes of behavior theoretical models. Finally, this paper will define what a special population is and what potential issues a case manager should be prepared to address. Roles and Responsibilities There are many different roles and responsibilities for a case manager; 13 of which are briefly covered below. 1. Outreach worker: Reaches out in the field to find people who need help and refers them to the services they need, then they follow up them to make sure they received the most help or if they needed anything more. 2. Broker: Helps people get to the services they need and also helps the services and the clients communicate. The broker makes contact with the agencies that offer the services for the clients. 3. Advocate: Fights and pleads for change, services, policies, rules, regulations, and laws that will benefit the client. 4. Evaluator: Evaluates client or community needs and problems. The problems could be medical, psychiatric, social, or educational. After evaluating the problems the evaluator formulates a plan. 5. Teacher/Educator: Performs instructional activities 6. Behavior Changer:...
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...Human Resource Management Overview HRM 300 March 2, 2015 Human Resource Management Overview Human Resource Management is key to every business. The human resource department is in charge of not only hiring and training, but they are mediators, and determine salaries. Human resource department must have a working knowledge of many areas such as training needs and investigating problems. Human Resource Management maximizes the productivity of an organization. They also treat employees with respect while keeping them safe. This paper will give a description of human resource management. This document will also discuss how the human resource department fits in the strategic plan of a business. The only interaction that peoples have with HR is a brief moment, when he or she is first hired or turn in the resignation. The human recourse management department is an irreplaceable part of any organization. Human resource can be thought of as a personnel expert. Human resource personnel choose who is hired, set up training, and development of employees. The federal government has encouraged and sometimes demanded diversely in the workplace. Without a dedicated human resource management team, this would be difficult to do. Businesses require specialized skills and because of this, human resources have to be carefully monitored who was hired. Human resources do not want to hire and train someone who does not have the skills to do the job required. Human resources play a large role...
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...Overview of Strategic Management A Comprehensive Strategic-Management Model Strategy Evaluation Strategy Evaluation Strategy Implementation Strategy Implementation Strategy Formulation Strategy Formulation Measure and Evaluate Performance Measure and Evaluate Performance Implement Strategies – Marketing, Finance, Accounting, R&D and MIS Issues Implement Strategies – Marketing, Finance, Accounting, R&D and MIS Issues Generate, Evaluate, and Select Strategies Generate, Evaluate, and Select Strategies Implement Strategies – Management Issues Implement Strategies – Management Issues Establish Long-Term Objectives Establish Long-Term Objectives Perform Internal Audit Perform Internal Audit Perform External Audit Perform External Audit Develop Vision and Mission Statements Develop Vision and Mission Statements Strategic Management can be defined as the art and science of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives. Develop Vision and Mission Statements A vision statement should answer the basic question, “What do we want to become?”. A clear vision statement provides the foundation for developing a comprehensive mission statement. An enduring statement of purpose that distinguishes one organization from other similar enterprises, the mission statement is a declaration of an organization’s “reason for being”. It answers the pivotal question “What is our business...
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...Australian Funds Management Industry Overview Australia holds one of the largest and fastest growing funds management sectors in the world. This growth and strength is underpinned by: • A government-mandated retirement scheme (superannuation), increasing progressively from 9 per cent to 12 per cent by 2019-2020. • A $1.2 Trillion existing pension fund pool; the 4th largest in the world. • A total $1.7 Trillion funds management industry (the largest in Asia-Pacific) • A unique 410,000 + strong investment community of self managed super funds (accounting for one third of the nation’s pension fund pool) With these figures representing a Compound Annual Growth rate (CAGR) of 11.9% since 1994, Australia’s total Funds Under Management (FUM) is: • 20% larger than the market capitalisation of the entire domestic equity market ($1.403 trillion) • A 135% of the Australian nominal GDP With forecasts stipulating that by 2015, Australia’s total FUM will reach $1.979 trillion, the continued changing sophistication and asset allocations of investors coupled with the robust underlying sector fundamentals has created opportunities for the launch of new funds in niche the areas of infrastructure, direct property and global macro trading. Current Opportunities In light of the consequences of ageing populations in virtually all developed counties and unstainable government debt levels, pension...
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