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Chanakya’s ‘Arthashastra written in India in around 300 BC describes various strategies, techniques and management theories. Chinese general Sun Tzu’s The Art of war (6th Century B.C), is a military strategy book which recommends us to be aware of the strengths and weaknesses of the two warring factions.
Institutions involve much of human activity and interaction which are structured in terms of implicit or overt rules. A potential definition of institutions may be that they are prevalent and established social rules or systems that structure social interaction of humans. Firms, measures, laws, money, and language are all forms of institutions.
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Leadership is a dynamic process and keeps on changing with the developing world. Thus, the leadership styles developed many years ago may not all be relevant to the modern world and a leader should adjust the leadership style to suit the current world (Martin and Euan 2001, 110). Leadership styles should assist the workforce to adapt to changes.
There is a simple concept of a leader being someone who is followed by others, one who directs or guides others. In business or company perspective, a leader can be said to be one who can successfully and efficiently organize a group of people so as to oversee the achievement of a goal. Several theories have been used to define leadership.
I constantly seek new avenues to improve productivity. Due to the CEO´s appointments to new committees, I have had to work with the schedules. I continue to communicate with the liaisons of the other organizations to make myself known to them. I was able to schedule the CEOs independently of the demands made by external colleagues.
The level of technology has increased tremendously over the past decade. Many people have access to the internet through their mobile phones, laptops, tablets, or even computers. Furthermore, the entry of social media in the world has revolutionalized the communication sector. In the meantime, people are able to communicate easily.
Jonah (1995) opines that the private sector organizations running the helm of affairs must take these salient features into due consideration before any impending tasks are properly addressed. Along with the teacher’s adeptness in the area of teaching, there has to be staff agreement and accord at all levels, without any discrimination.
Qualitative evaluation data usually refers to raw, descriptive information about programs/products and the people who participate in/use them or are affected by them and; programs/products and the people who develop or use them (Patton, 1987). Three data gathering strategies typically characterize qualitative methodology.
The telephonic conversation seems simple to people but if it is not used appropriately then it can leave a negative impact. There is no eye contact or facial expression there would be a lecture on the ways in which one should speak over the phone. In-depth training would be imparted to those who deal with members regularly.
Even when salespeople have clear work objectives, skills, and working environment, those may not be sufficient to achieve those work. As the demographics of the workforce is changing, motivating employees has never been challenging. Most managers would like to think that figures the ultimate driving force for their team.
The critical evaluation of NIC’s proposed program is under three different aspects. The adoption of a cultural vision for NIC must be based on its philosophy. If its organizational philosophy is set in the right direction, there is a lot of chance that the cultural vision would be enacted in close alliance with the same.
Pheng and Leong (2001) Asian management style is influenced by group behaviour, as well as unique organizational styles. For this reason, an autocratic-democratic model of the contingency approach is often adopted by Asian managers to influence subordinates to carry out organizational strategic plans.
The article stresses an “inside out” and an “outside-in” approach to dealing with these changing costs. An example of an “inside out” approach is to look at what the company can do within itself to address these costs. This may include reexamining the logistics of distribution centres or shipping route for a corporation like Wal-Mart.
Explanation: The firm’s financial leverage will only benefit up to some extent. When the firm borrows too much, the investors are faced with concerns as regards the firm’s ability to sustain the operation on its own as well as issues of liquidity. This makes the firm riskier from the eyes of the investors.
The severity of the problem represents a major business risk that could cost the company millions of dollars and even put the firm out of business if actions are not taken immediately to remove all defective products out of circulation. The managers are scheduled for a meeting with the Chief Executive Officer soon.
Technically, there are little accountants that could accomplish here: but their quest for accountability and compliance with the accounting procedures may help the new organizational culture to succeed (Black, 2003). New technology and modernization have strongly influenced organizational cultures in this 21st century.
Electronic business, though, is the overall addition of electronic procedures all through the vital purposes of a corporation. In addition, it is a complete solution that encompasses e-fulfillment, e-logistics, enhanced customer satisfaction, supply chain optimization as well as a blend of additional intangible and tangible benefits.
Managing a culturally diversified workforce entails different sets of clauses for different social units. Albeit most corporate houses try to install seamless programming techniques in line with the end-purpose of their practices, it is very unlikely that such procedures will materialize. Every social stratum has unique sets of identifiers.
It also gives an explanation of how a manager in a catering business, can establish, monitor and verify food safety management procedures. A critical analysis of an incident when a food safety management procedure failed-including details of the corrective actions is also taken to ensure food safety.
The review of related literature presents accidents in the school environment and clarifies the latest regulation for safety in school buildings. Additionally, accident reporting investigation discussion, whether in the UK or the USA were explained along with the current status of safety systems and causes of accidents in Saudi schools.
The concept can be traced back to the 1980s, when educationalists felt the need for designing more proactive and intrinsically safe and effective strategies for the development of positive attitudes towards studies on the part of the students in contrast to the reactive approaches prevalent before that time, to achieve the same. The process of positive behavior intervention and support is one that relies on leniency and little force.
It has also been defined as meeting or exceeding the needs and expectations of the business stakeholders (Steele, 1993). The definition of TQM encompasses the critical success factors covering areas of leadership elements, hard elements, and soft elements.
Moreover, not all HR managers are able to face the challenges related to the increase in employee motivation at the workplace. The use of well known theoretical models, like the one of Maslow or that of Herzberg, which has been developed in the specific field could increase the chances for success of the relevant plans.
Employee retention, as a consequence, probably became as crucial as sales, the excellent dispensation of service, achievement quality, and safety. It is for this reason why, today, specific personnel are assigned responsibilities on employee retention. Central to this drive is the human resource department because most people-related activities are based on its policies and processes.
A large number of firms in the United States boast of the fact that they follow strict ethical codes and because of which their financial performance is impacted positively. In this scenario, a connection between Brazilian firms’ performance and their code of conduct and corporate governance principles has yet to be established.
To implement a TQM program, Levy (2003) recommends five necessities. First, the support of top management must be sought and senior management must receive training on what TQM is, how it operates, and what their responsibilities are for effective implementation. second, employees need to be trained on quality methods
To any organization, satisfied customers are the key to success as they are loyal and are always willing to come for more. When an organization/company has clients/customers who are satisfied with the goods/ service they receive from it through the employees, then this signifies a good start in profit accumulation.
The critical success factors (CSF) approach in the context of the project management has been first established by Rockart, which defined CSF as “the limited number of areas in which results will ensure successful competitive performance for the organization". Rockart used the CSF concept regarding Information System projects.
A leader needs to also understand complex environmental issues such as market environment, trends, and innovations prevalent in the industry to induce change and innovation in his/her own organization. This requires investment in change management techniques and learning how to transfer them to team members.
The study has focuses mainly on the role of the managers in the organization, how the managers are affected by the changes in the organization, the perception of the managers and how they react to the needs of the organization. The study about the topic in this context specifies the key critical incidents about the management roles.
Since the capacity planning decisions are based on the forecasted demand of the new product, problems can occur if demand exceeds the forecasted figures thus increasing capacity. If Capacity exceeds demand, the cost of unutilized capacity can increase the overall cost of the product making it difficult to compete in the market.
There are situations when negotiation phases are not able to resolve the disputes or conflicts between the parties. To a certain extent, these phases have helped the parties to resolve the conflicts. It is also important to identify the agents who would negotiate on matters of salary in the organization and who may not follow the various phases to resolve the matters.
In fact, problems can be a part of what a manager deals with routinely. One way to make sure that problems are not the central focus of an organization is to build effective teams. These teams must be granted the ability to resolve problems at their level and the must make sure team members are skilled at problem-solving.
It is important that one should possess a dream job that he or she would work towards achieving every time; an action plan is highly required to attain a situation whereby one would become professional fulfilled; and, finally, doing community service is another way to give back to the society in a way that is satisfactory to both the community service volunteer and the people in the community.
Since life itself is multi-dimensional, specificity in terms of diagnosing one’s life will have to be narrowed down into categories. The most important categories are “personal, professional, relationships, family and spiritual” (McGraw 1999, 229).
As the global economy expands, as more products and services compete on a global basis and as more and more firms operate outside their countries of origin, the impact on global business functions becomes more pronounced (Briscoe and Schuler 2004). Before initiating the entry and also entering, firms will have to analyze the foreign country or its market, then set targets and formulate strategies accordingly.
In the quest for survival in the competitive market, various organizations have been forced to utilize various methods of manufacturing. The implementation of these practices has always seemed difficult since various managers’ focus is on improving the technical issues around the working environment thus ignoring the most important factors.
The stages that would have to be taken in order to achieve this goal would first be to notify the tenants that they were moving out followed by brisk actions to be taken later on. Basically, the tenants must be notified, by law, at least one month prior to moving to an alternative living location.
Working in a world that is dominated by male decision-makers often make women encounter several obstacles such as sex discrimination, the glass ceiling, lack of communication through the network, stereotypes and sexual harassment. Men in Chief Executive Officer Roles strongly believe a woman cannot do as good of a job as a man would in management.
The process of strengthening corporate culture was encouraged by excellence and was sanctioned enthusiastically by exponents of other flavors of the decade. This concentration in culture as a mechanism of competitive advantage has been strengthened and complemented by the growing academic attention to the symbolic dimension of organizational experience (Alan 1990).
The objective is to interview 20 women, to understand the employment challenges and social attitudes of Qatari women towards working outside the home, and the attitudes which may limit the presence of women in the workforce, especially at the executive level. The particular focus is on Qatari women employed in the public health care sector.
The economic law deals with demand, supply and pricing and the mechanics of the law should be the primary concern of the manager because major decisions here reverberate in the short run and long run. The manager can also have a starting point in studying how people produce, distribute and consume.
This type of failure is not characterized by the same visible signs as a static failure; there is neither buckling nor deflection, and the internal cracks that lead to fatigue failure are not always visible to the naked eye. Because of this subtlety, it is important to develop methods of predicting and controlling fatigue during the design process.
The author states that understandable messages are sent through a channel of a sender to the receiver. Successful communication also means that the transmitted message should be properly decoded. This is a key factor in the cohesion of a group of people working together to achieve common objectives.
Conventional business methods cannot guarantee success in the current rapidly changing business world. Organizations are spending millions of dollars for the research and development of new business strategies and the development of new products. Competition is so tough now and traditional methods cannot guarantee or bring success to business.
Amazon.com has access to the global customer base of book buyers and other retail clients. This is because the Internet provides a network for contact with people from all over the world. Amazon.com also maintains strong ties and links with fast and efficient courier service providers who provide timely shipping to consumers all over the world.
The unplanned decision and mismanagement were the results of contradicting opinions, which signified the battle for power. It has found out the leader responsible for administering and directing the organization or agency was busy accumulating funds from the Congress while other agencies act as independent bodies (Stillman).
In the Airport Policy, the role of partners and stakeholders is of crucial importance. Moreover, the role of local people in the process of policy improvements cannot be denied. The way policy developers cooperate with stakeholders can be found in their claims of cooperation with the latter on the basis of the Consultative Committee.
It is important for this bridge to support and bolster the new pledge since the success of the pledge depends on how well the employees deliver it. The effected change is modified according to the feedback of employees. When the company decides to implement a new strategy, it links it up with its employees as comprehensively as possible.
One of the most iconic and flamboyant entrepreneurs of his time, Richard Branson is the founder of Virgin Group which has 400 companies. Known for his ability to be creative and risk-taking, he has transformed a company that started as a record label company has today the most recognized global brand.