...Module: Business Analysis and Assessment Week: 06 Discussion Question Name: Sahr Dauda Date: 18 July 2012 Question: How would you justify spending time and money on a business analysis of your company? Can such an exercise really pay off in ways that make it worth the effort? Analysis, as summed up from my readings, can be regarded as a clinical and structured decomposition of a subject into its constituent parts with the aim of acquiring salient information and deeper understanding of the said subject and to offer robust solutions for improvements. It is thus a process that is inherently iterative and involves, as proffered by Williamson et al., (2004), lots of research to gain deeper insight into the business which encompasses all aspects of the business and its environment. In short, it is a holistic process that unearths the secrets of the business and identifies areas needing attention. It thus seeks to find answers to questions like where is the business now, what does it do and how does it do it, where does it want to go and how can this be achieved (Williamson et al., 2004). Yes, it consumes time and money but insights so garnered from the analytical process leading to formation of strategies will give the business a favourable competitive position and superior profitability. To reduce time and money spent, analytical tools are used to aid in the process, besides bringing structure to it. Note here that only the right necessary tools are used, as a few too...
Words: 784 - Pages: 4
...Practices.doc BUS 681 Week 1 Journal Article Research and Analysis.doc BUS 681 Week 2 DQ 1 Seniority and Merit Pay.doc BUS 681 Week 2 DQ 2 Incentive Pay Plans.doc BUS 681 Week 2 Performance Management Issues.doc BUS 681 Week 3 DQ 1 Building Blocks.doc BUS 681 Week 3 DQ 2 Job Analysis.doc BUS 681 Week 3 Market Competitiveness.doc BUS 681 Week 4 DQ 1 Benefits.doc BUS 681 Week 4 DQ 2 Employer-sponsored Retirement Plans.doc BUS 681 Week 4 Social Security Programs.doc BUS 681 Week 5 Compensation Philosophy.doc BUS 681 Week 5 DQ 1 Executive vs. Non-executive Pay.doc BUS 681 Week 5 DQ 2 Contingent Workers.doc BUS 681 Week 6 DQ 1 Expatriate Pay.doc BUS 681 Week 6 DQ 2 Compensation in Other Countries.doc BUS 681 Week 6 Final Paper.doc Business - General Business Week 1 Compensation Strategy. Discuss the general goals of an organization's compensation system, including how a compensation strategy works to support the organization's business strategy. Respond to at least two of your fellow students’ postings. Compensation Practices. Discuss the various factors that influence a company’s competitive strategies and compensation practices. Assess how a company can mitigate these factors using effective compensation practices. Respond to at least two of your fellow students’ postings. Journal Article Research and Analysis. Using a variety of research techniques, write a 3-5 page essay that summarizes...
Words: 374 - Pages: 2
...midday (weeks 5,7,8,9,10,11,12) (studio outside PO2.20 – for individuals and groups) Submission date (exhibition): 1 May 2013 (week 2 consolidation and assessment period) ---------------------------------------------------------------------------------------------------------------------------------- Introduction You carried out a range of research tasks during teaching block one, which enabled you to develop your research skills, as well as deepening your subject knowledge by following particular interests. These tasks were not assessed, but will be of great help to you for your assessed work in teaching block two. Throughout teaching block two you are required to undertake an individual research project, focussing on one space from the list attached. You will present this research in the form of a research journal (artefact one). Each studio has been allocated a ‘type’ of space, either domestic, sacred or public and you can choose your individual space from within this list. In studios, you will break into groups to compare and contrast your spaces, come to some conclusions about each ‘type’ based on this comparative analysis, and present your findings in the form of an exhibition (artefact two). Each group will consist of 6-7 students. Marking of the work will be based on a combination of your...
Words: 2957 - Pages: 12