...to learn different cultures but they are also not available for most of people, the implementation of internet provides an time saving method for spreading and learning different culture without going to the foreign country physically, most of the people can obtain and learn different culture even without leaving their home. The internet becomes an important force to push globalization and cultural harmonization; it provides the speed and convenience for people who are willing to learn and experiment foreign cultures which never exist before, and for instance, people can watch major events like Olympic game online and also learn knowledge about the host country. 2. Discuss the types of operational conflicts that could occur in an international context because of differences in attitudes towards time and individualism, give examples relative to specific countries. With the development of globalization, more and more multinational companies established their physical appearance in foreign markets, for that reason, the group work which involves people from different...
Words: 4099 - Pages: 17
...International Management 375 Assessment 1 - Individual Portfolio Portfolio questions: week 3 1. Discuss how the Internet and culture interact. Which most affects the other and how? Give some examples. Internet has now become an integral thing from the viewpoint of organizations and society and it is now emerged as a technology which is creating effectiveness for these aspects from different angles (BEREND AUTOR WIERENGA, 2000). There is a considerable difference found among internet and culture and the interaction of both of these aspects are not easy, as there are certain countries and environment and cultures wherein the utilization of internet is not easy because of the backward thinking of the people living in this region. The thing that affects the most to the people is culture not the internet (Chernev, 2012). If the culture and tradition of the country is effective and clear then the utilization of the same is also effective which will affect over the position of the people. Some of the examples are of African and European region countries in which the stance of utilization are totally change with each other. 2. Discuss the types of operational conflicts that could occur in an international context because of differences in attitudes towards time and individualism. Give examples relative to specific countries. Organization is a name wherein people belong to different demographics and mindset work together merely for the achievement of a single and pre-specified...
Words: 3838 - Pages: 16
...Information technology are evaluated using a score card which will be used to establish a portfolio Application Model Matrix which will be used in comparing the projects, some of the proposed infrastructure projects for MDSCM include standard computing hardware and software, website and data warehousing. The website is the project with the highest likelihood to succeed and also will add value to the business. Introduction: The following is a summary of the information technology projects appropriate for the MDCM Company, IT infrastructure required include networking, standard computing hardware and software, data warehousing, messaging system and a website. A score card is also established in order evaluate each project and these scores are represented in a Portfolio Application Model Matrix. IT infrastructure: Networking: This project involves the use of internet and networking resources available to enable the sharing of information across the subsidiaries and also within the subsidiaries, networking will improve quality of products given that it will enable sharing of information with the various departments and subsidiaries and therefore add value to products. Computing hardware and software: According to the case study the company different hardware platform systems including AIX, UNIX, Windows NT, windows 2000, adoption of a standardized operating system will help reduce both support costs and maintenance costs. This will enable the company gain competitive advantage...
Words: 1095 - Pages: 5
... References 10 To: Chief Financial Officer From: Chief Information Officer Date: November 29, 2014 RE: Wobbly Wheels IT Organizational Changes Introduction and Purpose: Over the past few years growth, of WW has not increased and it has remained stagnant due to the slow growth of the economy. In order to improve the growth of the organization, a few IT organizational changes are required that will help streamline the internal processes for WW to improve the overall business production and increase profit margin. Overall business can be improved by improving the current business operations, changing the roles and responsibilities of the staff members, upgrading to the new technology systems and the implementation of an IT portfolio management system. Leadership Philosophy: The leadership philosophy of the organization is to grow our business by meticulously serving the logistics needs of our customers offering excellence and value in everything that we do. Inspire our people and business partners to do their best, offering opportunities for personal development and success. Maintain a financially strong company that strives to give a competitive return to our shareholders. Our mission is to lead by example as a responsible, caring, and sustainable company making a positive difference in the communities in which we serve (UPS, INC. 2013). The memorandum addresses all the key issues in the current implementation and the solutions for those key issues. This memorandum...
Words: 1816 - Pages: 8
...Eskerod (2008): Project portfolio management – There´s more to it than what management enacts. International Journal of Project Management, Vol 26, Issue 4, May 2008, pp. 357-365 2. Pellegrinelli S. (2011): What’s in a name: Project or programme? International Journal of Project Management, Vol 29, pp. 232–240 3. Pellegrinelli S. & Garagna L. (2009): Towards a conceptualisation of PMOs as agents and subjects of change and renewal. International journal of project management. Volym 27 nr 7, pp. 649–656. 4. Hobbs B., Aubry M., & Thuillier D., (2008): The project management office as an organisational innovation. International journal project management Vol. 26. pp. 547555 5. Aubry M., Müller R., Hobbs B., Blomquist T. (2010): Project management offices in transition. International Journal of Project Management Vol 28, pp. 766–778 6. Müller R., Glückler J., Aubry M., (2013): A Relational Typology of Project Management Offices. Project Management Journal, Vol. 44, No. 1, 59–76 7. Bredin, K & Söderlund J (2011): The HR Quadriad: A framework for the analysis of HRM in project-based organizations. International Journal of Human Resource Management, Vol.22, No.10:2202-2221 8. Zika-Viktorsson A., Sundström P., & Engwall M., (2006): Project overload: An exploratory study of work and management in multi-project settings. International Journal of Project Management, Vol 24. Pp. 385-394 9. Meskendahl Sascha, The influence of business strategy on project portfolio management and its success – A...
Words: 411 - Pages: 2
...OBJECTIVE To obtain a challenging growth oriented position where I can prove my worth to the Organization with my technical knowledge in a supportive environment. PROFESSIONAL EXPERIENCE |PERIOD |ORGANIZATION |DESIGNATION | |July 2007 – Till Date Technologies Limited |Senior Systems Engineer | SOFTWARE PROFICIENCY |Web Technologies |HTML, XML | |Script |PERL Scripting,Java Scripts | |RDBMS/DBMS |Oracle 9i | |IDE’s |Eclipse, NetBeans | |Languages |C++, SQL, PL\SQL, Visual Basic and JAVA | |Operating System |Windows XP, Windows 95/98, & UNIX | |PLM/PPM Packages |Windchill/Planisware 5 ...
Words: 431 - Pages: 2
...Portfolio Project Reflection As I undertook to study this course, I was apprehensive and worried about Part 4 concerning the project portfolio. At first I had the perception that common diagnostic coding auditing processes are complicated to understand and to use in the medical profession.Until I begin handling part 4 of this project; it is when I realized that medical coding system is a process of assigning numeral values to medical procedures and diagnoses. It is when that I developed an interest in interrogating the medical coding system deeper though it sounded straight forward. This project has enlightened me that in all healthcare settings medical coding system is crucial as it used to develop data for both inpatient and outpatient services. I am also made to be accurate in diagnostic coding and auditing processes, as the success of all medical procedures and diagnoses is dependent on the data from these systems. My awareness of medical coding system, therefore, has been increased throughout this course. For instance, I now know that all medical assessments, quality review and physician reimbursements are all based on medical coding system. I also know that coders, like any other professionals, can get caught in a rut.Such a circumstance may lead to the formulation of bad coding habits with errors that are detrimental to the accuracy needed in this profession. I will apply the knowledge I have gained throughout this medical course to identify areas...
Words: 281 - Pages: 2
...Grant Thornton: Unleashing our potential Mission: to make a difference to our colleagues, our clients, our profession and our communities Vision: to be the leading audit, tax and advisory firm, serving dynamic organizations in our chosen markets Chosen markets: dynamic organizations—the space we want to own Strategic drivers: revenue growth, talent, operational excellence, distinctive client service, brand. Global values: collaboration, leadership, excellence, agility, respect, responsibility. “Without quality we have nothing” – Edward Nusbaum, CEO of Grant Thornton International “Quality is not an act, it is a habit” – Stephen M. Chipman, CEO, Grant Thornton LLP Grant Thornton International—a cohesive global organization Our global brand promise: Unlock your potential for growth Reason says: go with the well-known Instinct says: go with the know-how Factors Shaping the Profession: Globalization—impacts all we do in the professor; impacts all we do at Grant Thornton. Regulatory environment—Intensity and complexity of regulations and standards is unprecedented; accelerated push for greater transparency and accountability. Relevancy—how relevant are financial statements? How relevant is our opinion to these financial statements? Technology—driving great value and great change; adoption of technology increases the expectation for transparency. Generational change—profoundly different than any “generation”; expectation gap with the profession. Broader business...
Words: 286 - Pages: 2
...decided to conduct an informational interview with a fellow co-worker. He informed me of the culture, benefits, and where the company stood financially because this information was not made public. In addition I asked about some of the responsibilities he could visibly see facility specialist doing. He informed me that they were in charge of all vendors, office coordination’s, and safety issues but advised me that the pay was on the short end. With this information I decided to research other positions in my field which led me to www.job.com. As I entered the site I noticed there was a registry. It required first and last name along with a created password. Also the site asked for my primary job category which was maintenance/facilities management. As I submitted my information the system stated that I already had an account and directed me to a login page. As I entered the page I was asked about my dream career, salary, educational level, and military status. After directing me to the University of Phoenix advertising page I was now in the site looking for relevant positions of choice. After being directed to various advertisements the system matched me to my field of work. The result was a maintenance/housekeeping job in Caldwell, OH. On the page they gave a synopsis of the company a brief job description however,...
Words: 915 - Pages: 4
...FENUGREEK RESEARCH COMPANY LTD. FACILITY MANAGEMENT REPORT EXECUTIVE SUMMARY This ten-page facility assessment report presents the findings from a three-week period of investigation in Fenugreek Research Company Ltd and relates recommendations both operationally and strategically which the Fenugreek management is advised to take to resolve the issues that surfaced during the period of investigation. Seven most pressing concerns coming from the Fenugreek staff were each dealt with in detail and suggestions for them were subsequently discussed for its feasibility. The findings of the investigation brought this Facility Manager to the conclusion that there is general dissatisfaction with the current working conditions of Fenugreek Research Company, which must be addressed individually in face of a period of uncertainty and change as the company owners look to float the firm and make it a public concern. The recommendations presented were judged for their practicability and immediacy of solution to the pressing concerns of the Fenugreek employees. INTRODUCTION Although facility management has long been practised by military, government and schools, it is a fairly new business and management discipline. As the role of the physical work environment on performance and productivity started to become more and more evident in studies, so has the field become more and more involved in a business context. In a compilation of over 40 studies of productivity improvement, changes in performance...
Words: 2825 - Pages: 12
...The “M.B.I” Model Professor Joe DiStefano IMD Lausanne Switzerland L A U S A N N E - SW IT Z E R L A N D Joe DiStefano 1 JDS-MBI Model Copyright © IMD International, Lausanne, Switzerland Not to be used or reproduced without permission STD – ICE 2003 San Diego, CA - May 20, 2003 Objectives get higher performance and the impact of our differences Test the applicability of the ideas to situations from your experience L A U S A N N E - SW IT Z E R L A N D Provide a framework for using diversity to Increase awareness of ourself and others Joe DiStefano 2 JDS-MBI Model Copyright © IMD International, Lausanne, Switzerland Not to be used or reproduced without permission STD – ICE 2003 San Diego, CA - May 20, 2003 Diversity Yields Wide range of perspectives Large variety of potential solutions for problems or opportunities Potential for synergy L A U S A N N E - SW IT Z E R L A N D Joe DiStefano 3 JDS-MBI Model Copyright © IMD International, Lausanne, Switzerland Not to be used or reproduced without permission STD – ICE 2003 San Diego, CA - May 20, 2003 Performance of Diverse Teams Homogeneous Number of Teams Diverse Diverse Low Performance High L A U S A N N E - SW IT Z E R L A N D Joe DiStefano 4 JDS-MBI Model Copyright © IMD International, Lausanne, Switzerland Not to be used or reproduced without permission STD – ICE 2003 San Diego, CA - May 20, 2003 Fundamental Issues Most diverse work...
Words: 1995 - Pages: 8
...Evaluate How An Organisation’s Strategic Initiatives Can Be Achieved Through A Project Portfolio Meskendahl (2010) defines business strategies as tactics used by a company to compete in the market compared to its competitors. As organisations strive to beat competition and deliver customer satisfaction effectively and efficiently, the use of projects thus increase. Project portfolio can be used as the bridge between strategy formulation and strategy implementation (Meskendahl 2010; Cleland 1999; Dietrich & Lehtonen 2005; Grundy 2000). Archer & Ghasemzadeh (1999) defines project portfolio as a “set of projects that share and compete for scarce resources and are carried out under the sponsorship and management of a particular organisation”. Thus it is of great importance to structure project portfolio in alignment with the organisation’s strategy so as to archive business objectives. According to Cooper et al. (2002), the following are three main objectives for project portfolio management: • Increasing financial value • Aligning portfolio to strategic goals • Balancing the projects within the firm’s capacities In order to archive this objective there is a need to understand the strategic orientation of the firm or what we call corporate mindset (Meskendahl 2010; Talke 2007). Strategies should consider the position of the business both internally and externally for example, a company’s systematic advantage towards its competitors (Morgan & Strong, 2003)...
Words: 1209 - Pages: 5
...1) An Evaluation of Client Objectives and Constraints for the South Carolina State Pension Fund South Carolina State Pension Fund’s key objectives can be summarised below: Provide an asset pool sufficient to meet the long-term pensions and benefits liabilities Achieve a certain rate of return on the current pension assets for a given level of risk As a government pension plan, the fund has some understandable constraints, which are: Need to invest in mature and stable large companies Only a certain percentage of the fund could be invested in equities, meant to grow by +10% every year up to 40% The remainder (up to 60%) to be invested in bonds Their objective of achieving a certain rate of return is a necessary step to ensure the pension fund is able to meet its future pension liabilities. However, having unrealistic expectations can prove to be harmful where in their case a 1.5% discrepancy in expectations had led to a 120% increase in unfunded liability! The investment constraint of having a pension fund made up majority of bonds can prove to be problematic. While it is true that bonds provide a steady income in terms of coupon plus the opportunity for capital appreciation; the fact that bond prices are inversely proportional to interest rates prove to be a risk for pension funds. Indeed, that is the case for South Carolina pension fund where in April 1996 the fund has lost $400mln due to a rise in interest rates. Also their constraint of investing in...
Words: 3038 - Pages: 13
...531 Portfolio Analysis and Management I: Equity | (2) | | IMB 532 Portfolio Analysis and Management II: Fixed Income | (2) | | IMB 533 Portfolio Analysis and Management III: Derivatives and Financial Risk Management | (2) | | IMB 536 Global Macroeconomic Trends and Financial Institutions or CSB Elective | (1) | | IMB 534 International Real Estate Investment | (1) | | IMB 539 Financial Management | (2) | | IMB --- CSB Elective | (2) | | Or | | | | | | IMB 595 Special Topics in International Business (to be completed at an IBSA partner school) | | C. Thesis or Extensive Written Case Analysis (12 semester hours): Term 3 (summer) | | | IMB 599 Thesis | (6) | | IMB 594 Capstone Project / Practicum | (6) | IMBA Course Descriptions (UNCW) The course descriptions shown below are only for courses offered by UNCW and the Cameron School of Business. See each alliance school for their course offerings. IMB 531. Cases in International Finance (1-2) This course will focus on international financial management cases. Cases will build on topics of international monetary systems, international investment decisions, portfolio diversifications, multinational capital structure, and foreign exchange risk and management. IMB 532. Portfolio Analysis and Management I (2) This course is designed to focus on tool and techniques of modern portfolio theory in a global context. Students will convert theory to practice through active management of a...
Words: 797 - Pages: 4
...ZEUS ASSET MANAGEMENT INC. Huy Tu Nguyen 22491465 1. Overview of Zeus Asset Management Inc. Zeus Asset Management Inc. (ZAM) is an independent, employee-owned and money – management company founded in 1968 by Tim Landon and Jerry Schneider, offering services to both institutional and individual clients which is different to some other asset- management firms, therefore the firm has designed a number of portfolios to meet the needs of clients. The firm’s investment philosophy follows a conservative, risk-averse, quality-oriented approach to investment management to exploit the superior return from long term strategies. The company’s investment philosophy of risk-aversion and long term goal can be guaranteed by the firm’s strategy which focuses on teamwork with experienced staff, who have an average of 18 years of investment experience in the sector and have dealt with recession and major market downturns and most of them are CFAs, thus this high quality professionals allow ZAM serving its clients and performing the company’s strategies effectively. More specifically, with individually managed account, the company apply the minimum fund requirement of $2 million, and for those clients their portfolios are customized based on their investment objectives and risk-return profile alongside with other particular constraints, such as: tax, liquidity, legal restrictions, etc. Besides, ZAM has constructed a range of mutual funds, including equity fund, bond fund, balance fund...
Words: 1753 - Pages: 8