This project report "Project Management - Organizing a Talent Show" briefly describes the tools and techniques used during the management and execution of a talent show program, a group tasked project conducted as part of the learning phase during MS Project Management program…
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The first section of the paper is an endeavor to critically evaluate the significance and implications of four out of the ten techniques namely SWOT analysis, PESTLE analysis, Gantt chart and CVP analysis in managing the project. The analyses of these tools and techniques would then be made part of the subsequent presentation to discuss their validity. From an objective point of learning, the study and utilization of these techniques is not only critical to the educational domain but also crucial to existing practices in the industry. SWOT Analysis is an instrumental subjective tool to identify the internal organizational factors, Strength and Weakness, and external factors, threat and opportunities to best align the organization with its strategic objectives and identify the best possible scenario for operation by augmenting the decision-making process as guide reference and not with precision. Although it is a much acknowledged and widely used tool in the industry, Fine (2009) has questioned the limitations of SWOT analysis to effectively determine the strategic objectives and course of actions to be adopted by any organization. Wikipedia (2011) pointed out that it is quite possible for an organization to overlook certain key facts and view the overall scenario as quite simple since the tool lacks precision in its application. Because of its simplicity to become a mere list of facts, Cartwright (2002) suggested carrying out further analysis and research for determining the relation between negative and positive factors and how they affect each other, their magnitude and their significance in comparison to that of competitors.
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.... However, one major weakness was absence of projectmanager or consultant to efficiently and effectively handle the project. From the analysis, group viewed shift in consumer’s taste, emergence of new products and new regulations as a potential threat to the talentshow. 1.3 PESTLE Analysis PESTLE analysis is a very useful and effective model to study an organization’s macro environment by classifying relevant factors into political, economic, sociocultural, technological, legal and environmental categories that may affect entire spectrum of operations and profitability. Bensoussan and Fleisher (2008) emphasized that these categories are...
...a competitive edge to an organization. For this purpose, HR managers can transform into internal consultants that can align HR strategies to business priorities, develop centers of excellence and make them benchmarks for further performance, and develop HR skills that can assist managers to assess and generate solutions for problems emerging during business processes (Vosburgh, 2007). As an HR director of Media Xavier Ltd which is a leading name in Business Process Outsourcing (BPO) industry globally, first task undertaken by me would be development of an integrated HR function. This HR function would cover main areas of talentmanagement i.e....
...?Talentmanagement can be loosely be defined as the process through which an organization identifies employees who show potential and the proficiencyto hold leadership positions in posterity. By focusing on talent, management can effectively attract, retain and develop essential skills which ultimately increase the organization’s productivity (Beheshtifar and Moghadam, 2012). The intense competition that characterizes today’s business world necessitates that organizations strategically place themselves to optimize project success by capitalizing on the human resources available to them...
...The organization that we will discuss in this paper with the perspective of the 'organizing' function is FedEx Kinko's. AN INTRODUCTION TO THE ORGANIZATION:
FedEx Kinko's is the chain of stores that offers various services to its clients. These services include that of printing, photocopying, and binding services. The major clientele of FedEx Kinko's are small home offices and small home businesses. Some of the centres of FedEx Kinko's also provide the services of video conferencing. Throughout the world, there are around 1400 centers of FedEx Kinko's spread over different continents including Asia, Australia, Europe and North America etc.
'ORGANIZING' FUNCTION OF...
...TalentManagement What is TalentManagement According to an online article Targeted TalentManagement, talentmanagement is "a crucial way of securing, developing and motivating people with the right skills and approaches to meet business objectives."
The Importance of TalentManagementTalentManagement is important to the success of a business, and to have competitive advantage over other organizations. It is essential for organizations worldwide to engage in talent...
...Running head: ORGANIZING FUNCTIONS OF MANAGEMENTOrganizing Functions of Management of client> taken> Organizing functions of management
There are four main functions of management such as planning, organizing, leading and controlling (Daft & Marcic, 2011).
(Daft & Marcic, 2011)
The fourth function of management which is controlling includes monitoring activities and resources efficiently and effectively within an organization (Daft & Marcic, 2011).
This paper will be discussing about the how a company manages two out of the above five resources in an organization. The two resources discussed in this paper are Knowledge and Technology, pertaining to the company Apple.
Technological resources include... an...
...TalentManagementTalent has been said to be a natural ability that is manifested in a superior quality (Young and Poon, 2006). That is, talent cannot be gained by any other means other than through inherent acquisition. The skill and knowledge that people acquire from books and through education, cannot be equated to talent because they do not come naturally. It has however been argued that it is possible to use education and training to better a person’s talent (Harris, Robert and Valla, 2004).
From a business point of view, talent may be seen as a creative skill to use innovative techniques in solving problems that one is often faced with in the business environment. That is, when business challenges arise such as in the case... of...
...performance record. Organizations need to manage these employees effectively so as to ensure their retention for a longer period of time. (Scullion and Collings, 2011).
The Status of TalentManagement
This challenges the conventional approach to growth in favor of a more harmonized approach (Identifying Natural Talents Lets Company Make Right Choice, 1999). In this essay, important aspects associated with the manager’s role in effective talentmanagement are highlighted how much it is important to identify and appoint appropriate talent for the company to achieve its goals (Schweyer,...
...Human Resources - TalentManagement Institutin Human Resources - TalentManagementTalentManagement Approach The best talentmanagement approach method that will benefit organizations in different industrial sectors in the modern era has to have definite elements. In the first place, it has to support organizational change. It also has to include talent analytics, benchmarks for employee experience, and possibly HR Cloud systems. Organizational change is important because it supports client transformation and makes it possible for an organization to...
... solutions counteracting the issues at hand.
The organization of the research will entail an outline that incorporates parts such as the introduction, problem statement, methodology, findings, conclusion, solutions to the problems, and recommendations. The research deliverable will be complete with this outline and plan, maximizing the organization’s productivity through employee motivation once the stated issues undergo resolution.
Kerzner, H. R. (2013). Projectmanagement: a systems approach to planning, scheduling, and controlling. New York: John Wiley & Sons.... Organizing a Project Deliverable al Affiliation Organizing a Project Deliverable Employee morale is...
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