...amount of one-billion dollars. It is highly important to use methods of integrating new systems into Riordan Manufacturing. The method of System Development Life Cycle (SDLC) is a great way to understand the problem, analyze the problem, design the solution, and implement the project. Riordan Manufacturing must revamp its out of date Information Systems, not only in the Human Resource section but in all other sections as well, in order to meet current industry standards, increase efficiency, lower overhead, increase worker productivity and many other factors which will add tremendous value to the company. These values are both tangible and intangible values that cannot be measured by a dollar value alone. This update is in accordance to Service Request SR-rm-022. The most efficient way to update the Human Resource Department would have to include hardware and software that is compatible in the companies’ various locations. Focus will be set on the Human Resource section but all departments will be effected by the new system since the current information systems are, (University of Phoenix, 2013), antiquated and there are severe deficiencies throughout the present Information Systems. Planning Project Scope and Feasibility Study In the analysis phase of...
Words: 4240 - Pages: 17
...Kristine Beck Assignment Week 1 From 1940 to present, project management has continuously advanced from line managers using a small set of processes that were considered nice to have to the formal assignment of one individual assigned as the project manager that utilized a formal methodology by which to manage the project. Often the term “best practices” is referenced within a defined methodology. Documenting Best Practices: Mature Project Management Processes Best practice refers to the optimal method recognized within a given industry or discipline to achieve a stated goal or objective. These practices are consistently predictable and proven to provide successful results and these practices are dynamic—evolving and maturing over time (Devine, 2013). The Business Dictionary defines a best practice as a, “method or technique that has consistently shown results superior to those achieved with other means, and that is used as a benchmark (Business Dictionary, n.d.).” A more simple definition is that a best practice is a method or technique that has consistently shown results superior to those achieved with other means, and that is used as a benchmark. In addition, a "best" practice can evolve to become better as improvements are discovered. Best practice is considered by some as a business buzzword, used to describe the process of developing and following a standard way of doing things that multiple organizations can use. Organizations that have had constant success have adapted...
Words: 1854 - Pages: 8
...The Financial Analyst, Treasury Finance - Risk Management and Reporting, supports Manulife's Treasury Finance Risk Management and Reporting function and will contribute in the preparation of financial and management accounting reports, risk policies compliance, trading and hedging monitoring/reporting. The incumbent will support the review and analysis of Treasury Finance initiatives relating to FX hedging activities, assist in liquidity risk management analytics and actively participate in Treasury projects. The incumbent will be liaising with Treasury Capital Project Management, Corporate Actuarial, Corporate and Investment Controllers, Derivatives Middle Office, Asset Liability Management, Variable Annuity Hedging, Treasury Operations, Corporate Tax, Corporate Law, Investments and Audit. Responsibilities: • Responsible for data gathering, data mining to support liquidity risk management analytics, including liquidity sensitivity analysis, assessment of stress testing scenarios, impact of different asset mix on liquidity, evaluation of collateral funding alternatives • Determine the impact of regulatory reforms on the company's collateral obligations and liquidity (Dodd Frank Act) • Support monthly and quarterly reporting associated with the Liquidity Risk Management Policy and FX Risk Policy • Contribute in the preparation of cash flow forecasts and FX exposure forecasts • Support the maintenance of the FX VaR model and FX model back-testing ...
Words: 1199 - Pages: 5
...Strategic Program Management Worksheet MMBPL510/Implementing Organizational Objectives January 23, 2012 Clifford Olson Strategic Program Management Worksheet |A: Concept |B: Application of Concept in Scenario |C: Citation of Concept in Reading | |Strategic Management Process: |“Along with the school’s executive director, the |Gray, C.F., & Larson, E.W. (2006) Project | |“Strategic management requires |Board has adopted a new strategy that uses |Management: The Managerial Process (3rd | |strong links among mission, goals, |business development as the model to increase |ed.). McGraw-Hill/Irwin. | |objectives, strategy, and |funding sources and revenues. The three-year | | |implementation” (Gray & Larson, |strategic program plan includes a number of new |Foundation Schools Scenario. (2012). | |2006). The process consists of four|projects to help realize this new vision. The |Retrieved from: UOPX library. | |stages: 1) Review and define the |first year of the plan has just been completed and| | |organizational mission, 2) Set |is slated for Board review. John Thomas, CEO, has | | |long-range goals and objectives, 3)|been choosing new Board members with business...
Words: 1172 - Pages: 5
...Active Portfolio Management: Country vs. Sector Characteristics Executive Summary This project sets out to invest between 7bn and 9bn Euros for a large pension fund in European equities, chosen from the MSCI Europe Index, which also serves as the benchmark to measure performance against. Two portfolios need to be created, one to reflect asset allocation focussed on countries and the other on sectors, with the number of assets in each portfolio being no more than 150. Both portfolios must be actively managed, having at least an active risk of 3% when compared to the benchmark. To achieve this, I followed a three step top-down approach for our investment decision process. Firstly, I started with an analysis of the macroeconomic environment in Europe, followed by forming opinions on the relative strengths and weaknesses of the constituent countries and sectors, using the macro-analysis to determine which are most likely to perform well, given the long-run trends identified. Finally, I invested in all mid-cap companies within the selected countries and sectors, based on our judgement that middle sized firms are poised to prosper the most in this difficult economic environment, which I predict to remain tough for the foreseeable future. After finalising the initial portfolios in this way, I used BarraOne to optimise them. Following optimisation, I compared the risk profile of each portfolio to the benchmark. Our findings show that an actively managed portfolio, especially one constrained...
Words: 4671 - Pages: 19
...and solvency. The main ratios to measure the profitability of a bank is net profit margin, return on assets, return on equity, and net interest margin. Moreover, asset quality ratios will include asset turnover, loans to assets ratio and loans to deposit ratio. In addition, for cost of capital and shareholders creation analysis ratios will includes, earnings per share, dividends per share, dividend payout ratio, and financial leverage. Finally, solvency ratios will include debt to equity ratio, equity ratio, and debt ratio. These ratios are not analyzed as a standalone figures and numbers, but they will be compared with a benchmark and with past performance in order to know the current performance of any given bank. This report aims at analyzing a bank’s financial statements from all the four aspects mentioned above and comparing its performance with a benchmark with similar activities in the market and with previous year’s ratios. For this reason, National Bank of Bahrain was chosen to conduct financial statement analysis. The analysis will be conducted using three years financial statements from year 2009 to 2013. A comparison with the past years financial ratios will be conducted to know how the company is performing in 2013 compared to the previous two years. Then, the bank’s financials will compared against Bank of Bahrain and Kuwait which is a competitor with similar banking operations to know how it is performing compared to the market. Finally, a trend analysis will be conducted...
Words: 2614 - Pages: 11
...Sustainable Business & Enterprise Roundtable (SBER) Assessment Corporate Users April 2015 Introduction The Sustainable Business and Enterprise Roundtable (SBER) service provides an annual, confidential qualitative Diagnostic and Assessment to benchmark Member-Clients against their peers and recommend areas for improvement. This Assessment Report details benchmarks and performance in five component areas, which are rolled up to a weighted SBER Index (Figure 1). The component and index scores are updated with information sourced from participating Member companies on an ongoing basis. This report details best practices for the Corporate Users, comparing PG&E with similar businesses within the SBER. The members of this cohort have been evaluated in five components—Vision and Governance, Strategy, Guidance, Implementation, and Reporting Results—over the past two calendar years. Each component constitutes a weighted portion of the SBER Index score (Figure 2). Members are qualitatively benchmarked by their quartile of performance in each of the five component areas (Figure 3), based on the methodology described in the Appendix. Each SBER Component Rating compares the company against the averages for all Member companies for the current calendar year. The relevant Assessment and Diagnostic questions in each component are detailed below each component score graph. The scoring methodology and a list of participating companies are detailed in the Appendix. Based...
Words: 2222 - Pages: 9
...2012 Cost of Cyber Crime Study: United States Sponsored by HP Enterprise Security Independently conducted by Ponemon Institute LLC Publication Date: October 2012 Ponemon Institute© Research Report 2012 Cost of Cyber Crime Study: United States Benchmark Study of U.S. Companies Ponemon Institute October 2012 Part 1. Executive Summary We are pleased to present the 2012 Cost of Cyber Crime Study: United States, which is the third annual study of US companies. Sponsored by HP Enterprise Security, this year’s study is based on a representative sample of 56 organizations in various industry sectors. While our research focused on organizations located in the United States, many are multinational corporations. For the first time, Ponemon Institute conducted cyber crime cost studies for companies in the United Kingdom, Germany, Australia and Japan. The findings from this research are presented in separate reports. Cyber attacks generally refer to criminal activity conducted via the Internet. These attacks can include stealing an organization’s intellectual property, confiscating online bank accounts, creating and distributing viruses on other computers, posting confidential business information on the Internet and disrupting a country’s critical national infrastructure. Consistent with the previous two studies, the loss or misuse of information is the most significant consequence of a cyber attack. Based on these findings, organizations need to be more vigilant...
Words: 9057 - Pages: 37
...economic trends of the company resulting from sustainable actions into its financial statements. Milton Freedom put this best “"there is one and only one social responsibility of business – to use it resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud" (Freidman 1970). Thus we believe that whether private or public, a business does not have the responsibility to report on sustainability as well as take sustainable initiatives if it is not required by the law. However, according to the trend more and more businesses are reporting on sustainability, and taking initiatives to become sustainable. Cascade Engineering is one of them. Based on our analysis of the sustainability report by Cascade Engineering, and knowledge gathered about the organization, we have concluded that there are several reasons for it to produce a sustainability report. Most importantly, sustainability is fundamental to its mission statement, “To have a positive impact on our society, the environment and to be financially successful” (Cascadeng.com) .The mission statement incorporates the three pillars of...
Words: 1444 - Pages: 6
...A Proposal on Identification of the Possibility to launch a Corporate Event Management Company Prepared for Arafat Rahman Course Instructor Business Communication Prepared by Shihabuddin Md. Zaki Class ID: 1571 Batch: 21st INSTITUTE OF BUSINESS ADMINISTRATION JAHANGIRNAGAR UNIVERSITY Date of Submission: April 01, 2012 Table of Content: Introduction Problem statement Objectives Methodology Service Financial summary Timing Reporting Conclusion Bibliography [Page - 1] [Page - 1] [Page - 2] [Page - 3] [Page - 4] [Page - 4] [Page - 5] [Page - 5] [Page - 5] [Page - 6] INTRODUCTION The Corporate Retreat Professionals (CRP) is an event management company specializing in corporate customers. CRP will offer two types of services, retreat training services as well as product launch event planning. The retreat training services will be either leadership development training or teaming skills training. For both types of retreats, CRP can take care of the planning of the event, as well as actually hosting the training through the use of one of CRP's strategic business partners. The corporate market for event management is steady and profitable. For some large companies, economic downturns mean cuts in training. This is, however, only the case for shortsighted companies. The benchmark companies may trim down the workforce during a downturn, but they do not cut funds for training. They recognize that investing in human resources is always a good investment. CRP intends...
Words: 1478 - Pages: 6
...“CREDIT APPRAISAL PROCESS ON WORKING CAPITAL FINANCE IN HDFC BANK (MSME)” A summer internship project submitted in partial fulfilment of the requirements for the award of the degree of MASTER OF BUSINESS ADMINISTRATION By BIPIN CHANDU M Register No 1220310 Under the guidance of PROF. KRISHNA M C Institute of Management Christ University, Bangalore MBA 2012-2014 DECLARATION I, , do hereby declare that the summer internship project entitled Credit Appraisal Process on Working Capital Finance at HDFC Bank (MSME) has been undertaken by me for the award of the degree of Master of Business Administration. I have completed this study under the guidance of Prof. Krishna M, Professor of Finance, Institute of Management, Christ University, Bangalore. I also declare that this project work has not been submitted for the award of any degree, diploma, associate ship or fellowship or any other title in this University or any other university Place: Bangalore Date: (Name & Signature of the Candidate) Bipin Chandu M Register No 1220310 CERTIFICATE This is to certify that the summer internship project submitted by Mr Bipin Chandu M on the title “Credit Appraisal Process on Working Capital Finance at HDFC Bank (MSME)” is a record of research work done by him during the academic year 2012 – 14 under my guidance and supervision in partial fulfilment of Master of Business Administration. This project work has not been submitted for the award of any degree, diploma, associate ship or fellowship...
Words: 15268 - Pages: 62
...DEVELOP & IMPLEMENT STRATEGIC PLAN DEVELOP & IMPLEMENT STRATEGIC PLAN Introduction: The purpose of strategic or long-range planning is to assist the Association in establishing priorities and to better serve the needs of the membership. A strategic plan must be flexible and practical and yet serve as a guide to implementing programs, evaluating how these programs are doing, and making adjustments when necessary. A strategic plan must reflect the thoughts, feelings, ideas, and wants of the developers and mold them along with the Association's purpose, mission, and regulations into an integrated document. The development of a plan requires much probing, discussion, and examination of the views of the leaders who are responsible for the plan's preparation. However, more often than not, the development of the plan is less complicated than is the implementation. Implementation, in essence, pulls a plan apart and diffuses it throughout an organization. Every unit within the organization which is involved must then accept the plan, agree to its direction, and implement specific actions. In order to effectively and efficiently implement a plan, all individuals involved in its implementation must function as a whole or the plan is destined for failure. [pic] Part A A DEFINITION OF STRATEGIC PLANNING Strategic planning is a tool for organizing the present on the basis of the projections of the desired future. That is...
Words: 2479 - Pages: 10
...Week Four Learning Team Reflection Week Four Learning Team Reflection In any business, a strategic performance management plan is a critical planning document that guides the business regimen. The plan should address six key areas: alignment of the performance management framework to the organizational business strategy, organizational performance philosophy, job analysis process to identify skills needed by employees, methods used for measuring the employee’s skills, process for addressing skill gaps, and approaches for delivering effective performance feedback. We have included the principles and strategies used in the performance management plan for the small and medium businesses. Small Business – Landslide Limousine To ensure the alignment of the performance management framework to the organizational business strategy, employees must understand what their individual objectives are and how they are associated with the business. This will encourage the employee to become more involved. Employees that are aware of how their efforts directly contribute to company achievement, they commit to finding ways to work more effectively and efficiently. To support the organizational performance philosophy, the small business must operate reflective of their core values and beliefs, which is identified in the mission and vision statements. Organizational performance philosophies will address the performance expected from all employees...
Words: 1138 - Pages: 5
... | |Washington University – Olin School of Business |St. Louis, MO | |Bachelor of Science in Business Administration; Finance Major |Class of 2013 | |Cumulative GPA: 3.5/4.0; Major GPA: 3.8/4.0 | |Graduated magna cum laude as a Presidential Scholar, Dean’s List all semesters | |Relevant Coursework: Financial Statement Analysis, Advanced Financial Management, M&A, Options, Futures & Derivatives, Introduction to Econometrics, | |International Finance, Investments | |Dalian University of Foreign Languages |Dalian, Liaoning Province, China |...
Words: 420 - Pages: 2
...Business Analysis Part III Glennyce J Nelson MGT-521 June 29, 2012 Dr. Olivia Herriford Business Analysis Part III For part III of the Business Analysis project, a review of the strategic initiatives taken by The Walt Disney Company relative to organizational and operational adaptations to the changing markets. An explanation of how recent economic trends are influencing the company, strategies Disney has used or could use for adapting to the changing markets. In addition, tactics Disney has implemented or could implement to achieve their strategic goals, the role human resources management plays in helping them achieve the goals, and would I be willing to invest in this company as a mutual fund manager. How Recent Economic Trends Are Influencing Disney. Even though the economy has been in a recession for the past couple years The Walt Disney Company has been doing well and shown continued growth. The company continues to show signs of being a healthy company as indicated by their continued increase in their net income Nelson (2012) “Disney’s income for 2011 and 2010 was $4,807 and $3,963 respectively, which represents a 21.30% increase.” (p. 4). In addition, the company had a net income of $3,307 in 2009, which represents a 19.84% increase for 2010. As shown in Figure A, Disney has shown growth in all areas of its financial statements during the past three years. Over all the company has not been significantly effected by the current economic downtrun and has...
Words: 2185 - Pages: 9
