Management Essays

Due to high turnover rates, the hospitality industry has a negative image. Whether the consequences of high turnover such as impermanence by managers and the lack of job security for employees, unpleasant working conditions, limited opportunities for advancement in developing countries, lack of respect from the public, etc.

The author states that the manager makes and enforces policies that govern interaction in the company between the company and its stakeholders. Second, the manager takes steps to predict what weak stakeholders could do to confound those policies. Corporate goals and objectives are a key management skill.

Globalization and diversity go hand in hand and are monumental challenges facing organizational behavior today. Firms that fail to think globally will limit their success and be isolated from the available success of the global marketplace. But it will also require that the organization begin to view themselves as sufficiently diverse.

The researcher of this essay will make an earnest attempt to compare and contrast two case studies of strategic management techniques in the public sector in order to examine a) the impact of strategic leadership and b) the impact of strategic management processes on the effectiveness of an organization.

The modern-day organization operates essentially in the public sphere. This implies that its level of competitive advantage is connected with its knowledge management process and the competence level demonstrated by this process. In this context, knowledge management may be defined as the process of transmitting information.

The numbers of people that receive the company services are over 1.6 million people. It is located over 225 kilometers or 139 miles of the coastline, inland waterways and the busiest sea channel in the world. Kent and Medway areas are industrial areas since there are different kinds of factories and businesses that take place there. 

Learning and development is continuous process in every aspect whether it’s in organizational or in classroom, people or an employee always learn something new in every area which will help in developing its skills and knowledge which also support him/her to work better in an organization or any other working condition.

Groceries and other food retailers operate in one of the more mundane, yet fundamental and pervasive industry segments in the world. Consequently, the grocery industry is a huge, fragmented and enormously competitive environment. The intense competition is often described as leaving supermarkets to operate on razor-thin margins.

Schermerhorn, Hunt, and Osborn, (2005) define a team as a formal group of people working together with an aim of achieving common goals. Teams are important in that, they improve performance in an organization, they enhance communication and they make an organization more competitive in that they draw from a wide range of talent.

The author states that Nestlé’s philosophy is built around fostering inclusiveness among employees and customers. As Nestlé’s CEO describes it, the company’s philosophy is grounded on the belief that there is no global customer, but rather only a local one, which in Nestlé’s case translates to 86 distinct environment profiles from 86 different countries.

Manufacturer held considerable inventory offering limited configurations. The value was created by differentiating along the value chain. Porter (1980) explained the importance of focusing on cost leadership and product differentiation to gain competitive advantage - producing an excellent product which is a complete solution to a perceived need.

 The industry focus more on the experience one gets from customer service that was created to manage the relationship with customers. Often we can see that managers may very well note the existence of a problem but inefficiently offer a solution in parts without any consideration or recognizing the effect to the whole system.

The main topics from the course discussed in the article Valuation of Corporate Social Responsibility Report are ethics and social responsibility. Due to the competitive nature of the marketplace, public corporations must report both financial and non-financial information. The CSR report is considered one of the most important non-financial reports.

Most of the organization thinks that workshops on management are essential to the supervisory. But such workshops are essential even for workmen such workshops should be conducted according to the standards of the workers in such a way they are properly understood by them. This will make their targets easier and reduce their stress on workers.

This case study is presented as a text document. Data charts that will graphically represent the project’s results will be included. Pie charts and network charts will also be needed to illustrate some of the analyzed data. This cannot be confirmed, however, until the research data has been analyzed.

The stage of implementation would involve the objective setting. Before initiating any further process of implementing ERM, Management would define the overall objectives to be achieved from this process, and it would be checked and decided if these objectives are in alignment with the overall strategic objectives of the firm or not.

New ideas in an organization always emerge from a set of conditions in which old ideas no longer seem to work. When this is the case, there always would be a need for change. This notion to discard old ideas and usher new ones into an organization probably led Schumpeter (in Mintzberg et al, 1998) to describe organizational change as a process of creative destruction.

With the emergence of a 'global' economy comes the need for new and creative strategies for succeeding in the marketplace. It is increasingly difficult for any one firm to possess the resources necessary to be able to continually develop, test, and implement innovative products and services in order to dominate an industry. 

The business organization is grouped according to the finance department, production department, sales department, accounting department, and the like. This essay explains the different management styles of harnessing the power that an organization department has over the labor or human resources in the pursuit of its departmental and overall organizational goals.

The author states that his philosophy of leadership is collaboration and teamwork within which members of a team can make use of the strength of one another to counter individual weaknesses. The greatest leaders know their limitations and are adept at leveraging their strength with that of others to compensate.

By contrast, the low fare segment of the market is expected to grow at a significantly higher rate. It is estimated that low-cost airlines which carried 6.3% of all domestic and international passengers within Europe in 1999 will increase that to a share of 16-18% by 2005 making them a for the formidable unit in the Europe air travel market.

Henderson (1980) is of the view that planning, setting priorities and responsiveness to supervision should form the basis for performance appraisal systems. On a review of the various criteria being adopted by the organization, it appears that there can be better knowledge areas that can be included in the performance appraisal system.

I have been asked to advise in my capacity as a consultant preparing a bid to build a hospital for the Mid Southern Hospitals NHS Trust. I have been asked to produce a decision document with regard to the number of and location of hospitals it is desirable to build in this district along with function and services provided by each hospital.

First, the control group was asked to complete the task without any incentive. This gave us a normal response from the control group with some people not interested in doing the task. The performance was evaluated keeping the standard appraisal in mind. The method used in this task to evaluate the individuals was peer rating. 

There is no way that Dr. Spiller would have followed the right purchasing procedures without involving Rose Silver who is the manager in –charge of purchasing and from whom the final decisions regarding hospital purchases are expected to come from. Rose is a professional purchaser who ought to be consulted.

Let’s start with the definitions of the functional dependencies on the following table.

The conclusion states that purchasing has its own role and task in assuring product quality from suppliers in specification of quality requirements, supplier quality audit and the use of appropriate contractual terms in a purchase order. As far as the specification is concerned, the buyer chooses a different type of specifications depending on the characteristic, function, and capacity of the product.

For years the Canadian telecommunication industry was ruled by the Rogers Cable Inc. The telecommunication market of Canada had a market size of $ 31 billion with RCI’s market share being approximately one-third. The wide diversity of RCI made it the greatest media and communication giant in Canada.

Cadbury Schweppes is a London –based confectionery and beverage company which presently produce Fairtrade or organic products and sells the same through its subsidiary called Green and Blacks. Johann Jacob Schweppe, a watchmaker and silversmith was one of the founders having developed a method to charge water with carbon dioxide.

The author states that the deficit in the current account is often regarded as problematic. The existence of a current account deficit often signifies negative perception in the attractiveness of a country’s commodities and investment instruments. However, it is also important to look at the causes of the current account deficit being experienced by the US.

As bases of competition, SABMiller had a strategic positioning on four fronts. It considered maintaining a price and differentiation strategy, with a particular focus on markets in developing economies. In doing so, its combination of price and differentiation strategy justified its hybrid strategy.

The author states that in the real world which is much more complex it is nearly impossible to find any such market which contains all the characteristics of a perfectly competitive market. There are other types of market structures or imperfect competition that is more dominant in the world viz. monopoly, oligopoly or monopolistic competition.

System security is a very important factor in the implementation of any successful ERP system. The success of the system does not only depend on the successful development of a nice system but also maintaining it throughout its lifetime and ensuring no threats breach its security. The implementation of an ERP system means that it should be safeguarded from any threats. 

The author of the paper states that a good manager should be able to evaluate the quality of resources his company has, and performance appraisal management is the best way to evaluate the quality of the employees' labor. In the aviation industry, performance appraisal management is also necessary.

The two different branches of banking namely commercial banking and investment banking have different purposes and though both involve credit risk which is fundamental in their operations, the methods of assessing and managing them differ. Investment banking deals with raising of funds in the capital market by issuing and selling securities.

The company competes for neck and neck against other digital camera firms for global market leadership. Digital camera market share varies with the company the digital camera companies have equal market share worldwide. At the moment, our company has a sale of 800,000 and 200,000 entry-level cameras and multi-featured cameras annually respectively.

The author states that the task breakdown is done assuming a linear or waterfall development approach and it is a fairly complex breakdown. Work has been allocated on an hourly basis taking a total of 809 hours, which is approximately 100 working days. Since the 100 days are excluding the weekends, the elapsed duration, however, is different.

A performance measurement system enables an enterprise to plan, measure and control its performance according to a pre-defined strategy. The ultimate aim of implementing a performance measurement system is to improve the performance of an organization so that it may better serve its customers, employees, owners, and stakeholders.

Healthcare is a vastly growing and fast evolving discipline, continuously creating, utilizing and mobilizing explicit knowledge traffic. As it develops, its attributes and operating system become more complex—posing both a trajectory to advanced medical processes, and at the same time, challenges in managing and controlling the knowledge assets it produces, all for making it more accessible and relevant to its practitioners and customers.

Initial research on the effectiveness of various participative leadership styles has yielded mixed findings. In addition, since there are many degrees of participation involved and many ways to measure its effectiveness, the whole notion of participative decision-making may be a little problematic to a graph.

It is emphasized that stakeholders are identified by their interests and all are considered to be intrinsically valuable. As a managerial tool, it recommends attitudes and practices and requires that attention be given to all legitimate stakeholders i.e.

The author states that actions taken today are bound to affect our lives in the long run provided no matter how futile they seem. In some cases, a casual and not so important choice made by us might affect our lives profoundly. Thus our code of conduct is reflected by our actions and the choices we make.

Technological improvements in 18th century are attributed to the rise of globalization. Many historians correctly relate the development of steam rails as the major cause in the start of globalization. For example, earlier ships were used for transportation, but development of steam rails made it easier for people to engage in inter-country trade.

In brief, the traditional volume-based approach led to an overestimation of the unit costs for Widgets and Gadgets products for 2.30% and 49% correspondingly and underestimation – for Helios by 2.99%. Although the difference percentage is comparatively not high - sometimes the distortion can reach the level of 300% – it leads to false conclusions about the performance on the product level.

The author states that the problem was not with the team members, but with the process, the team followed. Though the team worked hard at the process involved in creating the product, it hardly did anything when it came to the actual implementation of their project. First of all, they absolutely had no plans about how they would move the project.

The changing process which was adopted by the company can be subdivided into three stages which include the unfreezing stage, the change stage, and the refreezing stage. The unfreezing stage is the first stage in the changing process which consists of activities which help in unlearning behaviors acquired in the past in an organization.

The second part will try to develop a plan that addresses the human variables and potential resistance to this change. It will look at the reasons why people are resistant to change and the various methods to use in managing and motivating them to accept the change process. It will dive into examining how the change process will be executed. 

According to the paper, risk assessment is the articulation оf risk in terms of оf their likelihood and seriousness. Risk assessment involves three fundamental processes. The first is the identification of оf risks. This produces a list of оf risk items that can be evaluated. The second is the analysis оf the risk or risks.

The Information system deployed here will help the company and its members in identifying their individual goal and contribute to the overall objective of the company to create a competitive edge over others in a similar business. The current and prospective members would use the system to feed in their personal data.

The way to enhance employer-employee relationships is to put increased emphasis on organisational and employment flexibility. Managers can rotate works. Workers can be classified as follows: core workers (also known as knowledge workers) and periphery workers (those who provide routine service workers).