...organization. It comprises of the various assumptions, values, beliefs, rituals, language, etc. that people in an organization share. According to Edgar H. Schein, A pattern of shared basic assumptions that the group learned as it solved its problems of external adaptation and internal integration that has worked well enough to be considered valid and, therefore, to be taught to new members as the correct way to perceive, think, and feel in relation to those problems. ("Knowledge Solutions", 2009) Organizational culture distinguishes every organization from others. It creates a sense of identity and uniqueness within every organization. Every employee in the organization contributes to the culture. The way the employees handle situations, the willingness of the employees to work as a team, etc. explain what organizational culture is about. The quality of the staff, how they deal with their clients and with each other can either grow or disrupt the organization. In 2012, Google regained the top spot in Fortune’s annual list of the 100 Best Companies to Work For after three years in the number four slot ("Nydailynews.com", 2012). Commenting on this success, the company said, “…we work to cultivate employee satisfaction every step of the way.” ("Google", 2012). From the above stated examples we see...
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...President & CEO) says about the matter: “Hire good people, give them challenging assignments, and show them how to lead. With offices worldwide, it practically demands that employees develop an inclusive business sense, and many of them end up working abroad; what they learn complements the lessons being taught in multiple mentoring initiatives and 10-plus leadership programs.” Colgate-Palmolive’s HR team takes care of hiring and retaining employees as well as designing and supporting training programs. Its primary goal is making Colgate the Best Place to Work. To achieve it the team works with employees to ensure they own the skills, the resources, and the leadership abilities necessary to reach their full potential. For enhancing performance, the human resource managers formulate varied strategies. One of such strategies is Performance Appraisal. It enables HR team to measure employees’ success in bringing benefit to the organization, and to rate his/her excellence. The main objectives of the technique include judging the gap between actual and desired performance; strengthening interaction between subordinates and management; providing feedback concerning employees’ work; clarifying expectations and responsibilities; reducing grievances and so on. The mandatory “Valuing Colgate People” training program encourages Colgate employees to meet their personal goals while also achieving the...
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...Management Excellence Toolkit-Part 4: Improve Your Estimating and Forecasting Effectiveness March 16, 2011 by Art Petty Leave a Comment 27 Note from Art: Your decisions define you as a leader and a manager, yet we spend very little time in our busy lives finding ways to improve our abilities in this area. This Management Excellence Toolkit Series will help you recognize the challenges and pitfalls of individual and group decision-making and offer ideas on improving performance for you and your co-workers. Part 1 of this series emphasized the importance of developing, updating and referencing a Decision Journal. Part 2, focused on understanding how we make decisions and how various traps and biases often derail us. In Part 3, we tackled the power and importance of framing situations properly to improve your odds of success. Part 4 focuses on improving estimating and forecasting accuracy by strengthening management and leadership practices. Let’s kick this one off with the conclusion: poor management and leadership practices make a tough job tougher by introducing pressures and biases that directly impact estimating and forecasting activities. If these environmentally imposed biases weren’t enough, human nature gets a vote as well. Studies in the field of decision-making have shown, “we are systematically over-confident in our own abilities.” Consider the unscientific annual BusinessWeek poll results: “90% of managers believe they are in the top 10% of all performers...
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...‘‘Business communication is a term that can be defined as the contact between the people in an organisation for the intention of carrying out the business activities. It is used to promote a product, service, or organization as well as pass on information within a business or work as an official statement from a company’’ (Business Communication, ask.com, 2013). Good communication skills are imperative for any business. In fact, these skills can often mean the difference between success and failure. There are two main types of business communication. Internal communication Internal communications is the function responsible for effective communication among participants within an organization. Also it refers to the sharing of information within an organization for business purposes. For example, internal communication within a company can take place via speech, telephone radio, mail, paging, fax, closed circuit television, electronic mail, Internet connections and computer networks. There are two sides to strategy in internal communications. In the first instance there is the organization's strategy — what it hopes to achieve and how it plans to go about achieving it. That strategy will be supported and, to some extent, delivered through effective internal communications. In this context internal communication can help on several different levels: * Tell: simply informing people of the direction, non-negotiable * Sell: anticipating some form of backlash, requiring...
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...Innovation -strategies and finance- Index 1. Introduction 2. Tips for innovation 2.1 Increase Productivity 2.2 Implement a Continuous Improvement Culture 2.3 Create an Innovation Culture 2.4 Developing Talent and Ability to Innovate 2.5 Design and Build New-Growth 2.6 Collaboration 3. Innovation in the EU 3.1 Marco’s Programme. 3.2 Innovation Union 3.2.1 Conclusions innovation unión. 4. Conclusions 5. Biography 2 Introduction Innovation is the development of new customers value through solutions that meet new needs, inarticulate needs, or old customer and market needs in value adding new ways. This is accomplished through more effective products, processes, services, technologies, that are readily available to markets, governments, and society. Innovation differs from invention in that innovation refers to the use of a better and, as a result, novel idea or method, whereas invention refers more directly to the creation of the idea or method itself. Innovation differs from improvement in that innovation refers to the notion of doing something different rather than doing the same thing better. In business and economics, innovation is the catalyst to growth. With rapid advancements in transportation and communications over the past few decades, the old world concepts of factor endowments and comparative advantage which focused on an area’s unique inputs are outmoded for today’s global economy. Economist Joseph Schumpeter, who contributed greatly to the study of innovation...
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...nonprofit board members, staff and other leaders, an information center on effective nonprofit organizational practices, and an advocate for the nonprofit sector as a whole. We are an outreach program of the University of Kentucky College of Agriculture, Department of Community & Leadership Development Our Mission The Kentucky Nonprofit Network exists to serve, strengthen and advance the Commonwealth’s nonprofit organizations. Through education, networking opportunities, consulting services and sharing of best practices and resources, the Network envisions a Commonwealth where nonprofit organizations have the resources and support necessary to effectively meet community needs. The Kentucky Nonprofit Network provides quality programs and services that encourage nonprofit collaboration, effectiveness, accountability and innovation to strengthen our communities. History The Kentucky Nonprofit Network was founded in February 2002 and became an outreach program of the Department of Community and Leadership Development at the University of Kentucky College of Agriculture in 2004. Founding partners of the Kentucky Nonprofit Network include the Governor’s Office of Child Abuse and Domestic Violence Services (Patton Administration), the UK Center for Research on Violence Against Women and the United Way of the Bluegrass. These initial founders and other partners have shared their support and commitment to ensure a foundation of excellence for Kentucky’s nonprofit community...
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...a distributive public policy. Distributive are policies which involve incremental dispersal, unit by unit, to different segments of the population, and to individuals and institutions. For education, the distributive values are in forms of favors, spoils, benefits and patronage to some people or groups of individuals and organizations. In this case the government stipulates the mode and method sharing the national or the common wealth. As the most common form of policy, it uses general tax revenue to provide benefits to individuals or groups. Federal, state or local government allocates specific grant for the purpose of solving public and such actions are distributive policies. Some benefits are distributed without taking them away from other people, for example, free education. Education can fit as a distributive policy because as the most common form of policy, it uses general tax revenue to provide benefits to students, districts, counties, and states. As the case with education, taxes are placed of federal tax payers. The percentage of the...
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...White Goods. In other words, it is a global supplier of appliances and gadgets used by potential consumers all around the world. The company has accomplished this wider business through powerful and strengthening strategies which helped them in gripping their products on the grounds. This assignment is based on the evaluation of the strategic direction of this company and so the culture is taken into consideration. This also provides the complete structure of the hierarchy structure of this organization.1 Background and History The history of this company starts with its opening as a general store in 1938 at North Kyung-sang Province, Korea. In these stores, trade was undergone until 1950s when the company started working as sugar and wool producer. The company was involved in the insurance business in 1958. The 1960s is taken as the era when this company became the first globally expanding company in Korea.2 This era was also an adoption period for the company when the communication sector joined with it. The operations for shaping the future planning of the communication sector was started in 1970s and in 1980s the company managed to access the global market for these products. In the 20th century it was a final stage of development of this sector n till 2000 the operations and management was properly maintained. In the recent era Samsung is well known for the electronic and communication appliances company and remains unmatched with other companies.3 ...
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... with the technological innovation and animation advances. In 1955, the company launched the first theme park called Disneyland. With headquarters in Paris and Hong Kong, the company focused on the creation of films and theme parks, by aiming always at the young audience with magical stories and characters full of innocence and fantasy. Throughout the time, the company has faced great challenges, such as the demand’s decrease of cartoons’ production or the economic problems that reduce the families’ monetary ability to visit the theme parks. The implementation of those out of the United States has been a big challenge for the company, too. In the 2005, Bob Iger was named as CEO. The company has started a wide diversification of other sorts of audience by doing market segmentation and focusing on meeting the needs of each one of the segments with different kinds of products and services that permit the enjoyment of the Disney Magical World’s experience in all the life fields. Fuente: http://mundomagicowdw.com/noticias/historia-de-disney/ http://es.wikipedia.org/wiki/Walt_Disney 2. Updating: For the Walt Disney Company, the 2012 Fiscal Year, which closed in September, has been one of the most successful with profits over the 5, 7 million dollars...
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... 1. Explain about your current job and the stage where it creates maximum value? What are the reasons? Also identify untapped opportunity for value creation from other stages of value creation My current organization designs, develops, manufactures and services integrated power systems for use in the air, on land and at sea. They are one of the world’s leading producers of aero engines for large civil aircraft and corporate jets. They are the second largest provider of defence aero engines and services in the world. For land and sea markets, reciprocating...
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...tradition of excellence, integrity, and innovation towards providing quality products and services was firmly established by ISOSCELES S. PASCUAL and LEONORA F. PASCUAL, since the company’s founding in 1946. It is a tradition that carries on, evidenced in part by the ISO9001:2000 and CGMP certification of our manufacturing plant located in Balagtas, Bulacan. Today, Pascuallab is a family of over 600 passionate employees operating under the leadership of DR. ABRAHAM F. PASCUAL (Chairman Emeritus) and MANUEL J. SALAZAR (Chairman of the Board/President/CEO), supported by a team of professional managers and 3rd Generation Pascual family members. While Pascuallab has shown aggressive growth and solid performance consistently over the last few years, our primary focus remains the well-being of our consumers. We believe in the continuous pursuit of excellence. To us at Pascuallab, this can only be achieved when we are able to bring our PASSION FOR HEALTH and LOVE FOR LIFE to everyone. 1950’s: Growing the Business 1. Pascual Laboratories made its first home in Balut Island, Tondo, Manila. 2. 1954: Modernization of the Plant 3. Product line expansion to include antibiotics and cardio-vascular medicines 1960's: Sustaining the Growth 1. Formation of strategic partnerships with foreign-based principals 2. Change from single proprietorship to corporation 3. Formation of marketing divisions: sales, promotions, distributions 4. Strengthening of Product...
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... Vision: When and with what result? A common solution to problem that might be experience should be to implement the following attributes to ensure a successful organisation: 1. Effective leadership; 2. Emphasis on customer requirements; 3. Commitment to continuous improvement; 4. Learning and growth strategy; 5. Human resource development; 6. Quality assurance system; and 7. Effective information systems. 2. Questions 2.1 What role has the Quality Management System and the ISO 9001 standard played in BT`s total quality journey? BT has committed itself to quality in 1986. That commitment rewarded BT with numerous quality awards. BT chose TQM as means of focusing on customer requirements as well as encouraging team work. Defining TQM "TQM is a management approach for an organization, centered on quality, based on the participation of all its members and aiming at long-term success through customer satisfaction, and benefits to all...
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...Quezon City Polythecnic University 673 Quirino Highway, San Bartolome Novaliches, Quezon City INDUSTRIAL ENGINEERING DEPARTMENT In partial fulfillment of the requirements for Electives 1: Strategic Management Submitted by : Submitted to Engr. Aura Marie B. Novesteras Date: Table of Contents I- Introduction A. Company Profile a. History b. Vision/ Mission statement c. Important events, issues & activities d. Organizational chart B. Competitors Profile II- Industry Analysis A. External Factors B. Internal Factors III- Competitive Analysis : Porteu’s Five Model IV- Strategy Formulation A. Present B. Proposed C. Strategy Formulation Matrix V- Strategy Implementation A. Objectives B. Recommendation I- INTRODUCTION A. Company Profile HISTORY San Miguel Brewery Inc. (SMB) is the largest producer of beer in the Philippines, with nine out of ten beer drinkers preferring its brands. San Miguel Beer was first produced by La Fabrica de Cerveza de San Miguel, an upstart brewery in the heart of Manila that began its operations in 1890. It received the Royal Grant from the Spanish king to brew beer in the Philippines, then a colony of Spain. In 1963, the brewery was renamed San Miguel Corp. (SMC) to reflect its growing ventures into food and packaging. As the beer business grew at a steady pace, it provided the foundation from which SMC expanded its interests from food, beverage and packaging...
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...ANIRUDH CHAUHAN | Program | MBA-HR | Class Roll Number | B-14 | Enrollment Number | A0102314024 | Name of Faculty guide | MS. AMANPREET KANG | Case study title | WIPRO: Strengthening employee engagement and implementing effective Rewards and recognition system. | Student Declaration I declare (a) That the work presented for assessment is my own, that it has not previously been presented for another assessment and that my debts (for words, data, arguments and ideas) have been appropriately acknowledged (b) That the work conforms to the guidelines for presentation and style set out in the relevant documentation. ( c ) The Plagiarism as taken by Turnitin is ________ %. Date : Anirudh Chauhan MS. AMANPREET KANG Assistant Professor Department of marketing/IB WIPRO: Strengthening employee engagement and implementing effective Rewards and recognition system. Anirudh, Ms Amanpreet Kang ABSTRACT Employee engagement, rewards and recognition are integral part of human resources of any organization as they show the level of involvement and commitment of the employees towards their organizations. These not only motivates the employee in performing better but also enables HR in recognizing and rewarding the ones performing better than the other as per the set standards . It increases overall efficiency and also identifies the training needs if any. Attrition rate in BPO industry is very high and this is why it is important to understand...
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...leader is to build a team that is able to achieve goals at the highest performance level possible over a sustained period of time. Although this objective outlines a commendable organizational goal, leaders must embrace the fact that trials and tribulations will occur during the life of an organization. Rather than striving for an unattainable crisis-free organization, leaders should leverage these difficult times to harvest growth and learning within the group. Christians are reminded in Proverbs 3:5-6 that during difficult times “Trust in the Lord with all your heart and lean not on your own understanding; in all your ways acknowledge Him, and He will make your paths straight” (New International Version). Group Consensus The true test of a leader does not occur when things are going well, but rather depends on how the leader responds when a crisis occurs within the group. Based on this week’s reading the three most important concepts related to crisis are as follow: team, leading by example, and vision. Each of these leadership actions are pivotal components to an organization’s ability to not only recover from a crisis, but also improve as a result. If one component is omitted, a leader’s character can become flawed, and their ability to lead may fail. King David is a good example of one who used team, leading by example and vision to lead God’s people. Team The presence of vision is a powerful enabler. The steps needed to empower others are to share the vision...
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