University BUS599016VA016-1116-001 Strategic Management July 11, 2011 Abstract This paper examines the business strategy of Jet Blue Airways. The paper will also examine strategic elements that provide the organization with a competitive advantage. The company’s competitive strategy and the impact of the trends in the U.S. airline industry will also be discussed. Assignment #1 Crafting and Executing Strategy Jet Blue Airways David Neeleman worked in the travel and airline industry before starting
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think of new and effective ideas to compete with other competitors. Human capital is the most special asset of a company. It is special because people cannot be separated from their knowledge, skills, health, or values in the way they can be separated from their financial and physical assets (Becker, 2008). The result, organizations’ aim is to make their own human capital special that other organizations cannot copy. Competitive advantage is secured when organizations have skills and capabilities that
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A Resources-Based View of Competitive Advantage at The Port of Singapore Singapore has important natural resources include its large protected harbor, its location in major trade routes (Singapore is located where the ship traffic between Europe and South East Asia and the US West Coast and South East Asia must pass) , and the skills of its well-educated workforce. As shipping became containerized, a port required massive infrastucture development like berths, cranes, trucks, storage, and
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Introduction According to Bratton and Gold (2012), human resource management is a strategic approach to managing employment relations which focuses on leveraging individual's abilities and commitment which is critical to accomplishing sustainable competitive advantage. This is achieved through a distinctive set of integrated employment policies, programmes and practices embedded in an organisational and societal context. Activities which are performed by HRM are mainly strategic planning, staffing
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Human Resource Challenges Human Resources Management (OMM 618) October 15, 2012 Human Resource Challenges The rewards system has been used as a tool to help encourage employees to be more productive and committed to the organization. This is a good idea but often times it is misused. Managers often times gives rewards to people that have not earned them leaving those that have worked hard in the cold feeling unappreciated. When an employee feels unwanted or unappreciated they are
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Human Resource Management Review 16 (2006) 139 – 154 www.socscinet.com/bam/humres Talent management: A critical review Robert E. Lewis ⁎, Robert J. Heckman Personnel Decisions International, USA Abstract If the volume of literature in the popular and practitioner press is any guide, practitioners in the field of human resources are now primarily in the business of talent management. But what is talent management and what basis does it have in scientific principles of human resources and management
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Competitive Advantages Trisha Sadler, Darryl Warren, Josephine Ives, Rebecca Smith, Beth Sexton MGT/498 May 19, 2014 Rolando Espiritu Competitive Advantages Competitive Advantages - Riordan Riordan is a plastic manufacturing company, which was started in 1991 (University of Phoenix [UOP], 2013). The company has locations in California, Michigan, Georgia, and China. The company’s business units are plastic parts manufacturing, plastic beverage containers, and the plastic fan facility. Riordan’s
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STRATEGIC HUMAN RESOURCE MANAGEMENT – HRM 3138 LECTURE NOTES 2AGEM Strategic management deals with the managerial aspect of strategy. A number of concepts that are often confused will have to be considered, namely, strategic decisions, strategy, and strategic management. 1. Strategic Decisions These are the decisions that affect the long-term well-being of the organisation. Such decisions involve major resource commitments and are difficult to reverse, implying a long-term commitment. Decisions
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In modern business technology keeps organizations competitive and successful. Different companies will all use various types of technology for assorted tasks however, in all businesses one will find people using computers at all levels to accomplish the necessary goals. This paper will look at the software used by diverse departments within companies and provide an overview of these applications and systems. The departments will be the Human Resource, Marketing, and Management departments. The Ennect
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------------------------------------------------- The Resources of the Firm 1. It is important to distinguish between the resources and the capabilities of the firm: resources are the productive assets owned by the firm; capabilities are what the firm can do. individual resources do not confer competitive advantage; they must work together to create organizational capability. It is capability that is the essence of superior performance. 2. 3. Brand names and other trademarks are a form
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