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Managers in modern organizations are in the private or public sector are faced with numerous challenges in making sound decisions especially due to globalization and the ever-changing environmental, economic, and political conditions. Michel (1997) argues that a high performing organization relies on the ability to make good decisions.
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In short, inputting information and statistics into a computer and expecting rational outcomes can never be achieved. All we can hope for is a decision somewhat rational and beneficial to the organization. Control over the manager and his or her biases or lack of intellectual ability fall outside the realm of consideration.
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Entrepreneurship is a “capacity and willingness to undertake the conception, organization, and management of a productive venture with all attendant risks while seeking profit as a reward. In economics, entrepreneurship is regarded as a factor of production together with land, labor, natural resources, and capital.
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Wal-Mart said it would pay a fine to settle federal charges that underage workers operated dangerous machinery, and it also agreed to pay $11 million to settle charges that its cleaning contractors hired illegal immigrants. It faces a class-action lawsuit by female employees who claim Wal-Mart discriminated against them because of their gender.
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The formal status of an organization normally provides power in terms of superiority as politics is mainly centered on power and how it is used. Leadership is one of the attributes used to determine the successful implementation of the strategy at hand. A manager’s work in an organization is divided into three, which include organizing, planning, and leadership.
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This is relevant as the essay talks about Tata Motor’s acquisition of Daewoo Motors. This book talks about the international strategy adopted by several renowned organisations. Certain information, such as export statistics, is important to understand Tata Motors' strategy to acquire Daewoo Motors.
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In order to attain proper identification of waste and value addition processes, Graban (37) recommends the development of observational skills aimed at assessing processes and value streams. Value streaming is essential in identifying what is essential for procedures and what may be deemed as unnecessary (Graban 50).
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After planning strategically while following the basic plan, organizations tend to follow issue-based or goal-based plans. This model includes different planning processes or stages out of which an organization may opt for what suits it best. The plan includes the following processes: SWOT Analysis; Prioritizing of issues; Statement of vision and mission.
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The running of affairs in any police agency responds to a traditional pyramidal organizational structure. These agencies have a number of specialized special units which rank upwards starting with supervisors (sergeants), the mid-level managers (Unit Commanders all) the way up to the (Administrators Chiefs and Assistant Chiefs).
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This paper outlines that workplace violence has received increased attention from the public and the law enforcement professionals. The acts that fall under this rubric include violent behavior in the workplaces, insecurity in the industries as well as the damage to or loss of property in the retail centers.
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The analysis of the problems associated with the increasing emergence of megacities of the world discussed in this study suggests that most of the problems are concentrated in the megacities situated in the developing countries, and the number of megacities there have also surpassed the number of megacities found in the developed countries.
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The significance and value of talent remain increasingly obvious to leaders, even though they stay gradually frustrated by the current state of human resource management. Only a few leaders have claimed that their judgments about talent have the same strategic depth, rigor, and logic as regards decisions about resources such as products, technology.
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Current consumers are more aware of the importance of the quality of a product or service rather than the brand value of the company. It should be noted that the reputation of a company no more attract consumers. Current consumers have many options and they will go for the quality product even if it comes from a non-reputable company.
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The oil refinery is a field that is heavily reliant on knowledge of the sciences mainly chemistry and physics, but with modernization, computer literacy is also a prerequisite s knowledge in the learning session; the trainers must also already be knowledgeable on the operation of the refinery as well as the location of emergency exits.
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As Supply Management has widened its scope to incorporate the demands of international businesses, it is vital for organizations to develop a highly efficient and integrated SCM framework. Every company should try to avail the best option so that it can meet the demands of the customers effectively and control the costs of production by relocating the manufacturing concerns.
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This is by undertaking any task with the intention of achieving a certain goal not only personal but for the common interest of either society or other personalities. This daring action is evident in Rowan’s action whereby after given a letter to present to Garcia does not hesitate to inquire either direction or any other demands before embracing the mission presented to him.
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The issue of consent is clearly important when performing a study such as this. Therefore, the participants signed a consent form and then completed the questionnaire anonymously. Although given the ability to be anonymous, the participants filled in demographic information such as; gender, age, education and work experience.
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The paper "Foundational Philosophies of Management" is an outstanding example of a management literature review. Management philosophers are often viewed as the founders of management philosophies. These philosophies largely influence the behaviors of the approaches of the business managers towards motivating their respective subordinates (Pearson Education, 2014; Norton, 2008).
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A culturally competent manager of a multicultural workplace should be aware of the issues and concerns of his workers. Communication between workers from different cultures may be affected, so the manager should be able to put effective practices in managing cultural diversity in the workplace to ensure that work relationships are kept harmonious.
The paper "Vodafone Mobile Communications " is a perfect example of a management PowerPoint presentation. There is no sphere of human activity as telecommunications that have been as variable as it is. The mobile telecommunication sector acts as a primary engine in accelerating economic growth and in the ability to offer more options for people to be closer to their families and friends using smartphones or tablets.
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The healthcare department has been using evidence-based information in the practice and management of the professional healthcare delivery. The management practice is currently being used in business management. It is also important to merge the curriculum of evidence-based management with the curriculum of health care.
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The paper "Perceptions, Culture, Power: Global Challenges for Organisations" is a great example of a literature review on management. The need for analyzing these factors arises in the globalized environment of business in which diverse workforce and changing competition strategies are a routine reality before the managers.
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According to Blizard (2012), communication always plays a very significant part of our day to day life. Effective communication will always help to create an organized and successful team in an organization. Good communication means good business. A person who can effectively communicate can reduce the risk to a larger extent that would have arisen in the workplace.
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Contemporary organizations have evolved to incorporate altruistic goals while retaining the need to sustain financial success. With external factors consistently influencing the achievement of organizational goals, global organizations have expanded their mission, vision, and values statement to include principles of equality, diversity, business ethics, and corporate social responsibility (CSR).
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The paper "Criticism of Strategy as Practice" is an outstanding example of a management literature review. For many years now, various researchers have sought to answer how strategies work in organizations. Often, these researchers have embarked on developing theories and using empirical studies to explain this concept.
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Lack of sleep is linked to poor management of time. Many people prioritize other things more than sleep. Implementation of a “Budget your Time” program that involves using activity logs and to-do lists will aid significantly in the management of time. The program will enable the users to specify the time for doing the activities of the day in accordance with their importance and the available time.
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Security is the primary purpose of any administration and is usually a top priority. But the population growth rate of the countries is more than the number of security personnel that the state hires. As a result, not enough security personnel are there to take care of the citizens. Due to these inefficiencies, private sectors have formed security organs to aid in ensuring security is enough for the entire populace.
In order to inform all stakeholders about the company’s strategies, there can be used several major communication channels. First of all, the company should use media in order to inform the general public about its plans and the opening of new stores. Also, it is important to communicate with corporate shareholders and potential investors.
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According to Abdula (2008), when gender is considered in career decision making, men are usually attributed to various aspects where they prefer enterprising occupations that require higher levels of numerical and analytical skills. In addition, (Gati, Osipow, & Givon, 1995) men also prefer occupations whose titles are related to high income.
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The paper "Welfare to Work Reforms" is a good example of a literature review on management. Australian government came up with a number of alterations to the current income support system. This took effect as of July 2006. One of the changes known as Welfare to Work policy was intended to decrease dependency on welfare by moving welfare recipients into work.
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Latta (2009) explains that organizational culture entails shared beliefs, norms, and organizational values that set a company strategy. When a company develops a strategy, it is essential to align it with organizational culture. It is imperative for company goals and objectives to support an organizational strategy aligned to the organizational culture.
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The paper “Knowledge Management Systems” is an excellent example of a management literature review. It is evident that the application of knowledge can be seen in different aspects and spheres of life (Malhotra, 2005). For example, a clinician uses biological knowledge to treat the patients while a construction engineer applies engineering knowledge to design and build the required buildings.
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The paper "The Importance of Quality in Purchasing & Supply" is an outstanding example of a management literature review. Gunasekaran, Patel and McCaughey (2004) identified quality as an essential component of all the stages undergone by different companies towards achieving effective purchasing and supply.
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The paper "Purpose of Packaging throughout Supply Chain" is an outstanding example of a management literature review. Calver (2004) defines packaging as the art or technology of enclosing products in readiness for distribution or storage. It also entails the processes involved in designing, evaluating and production of the various packages used for wrapping and enclosing products.
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The paper "Purpose of Packaging throughout Supply Chain, Types of Packaging" is an outstanding example of a management literature review. Packaging plays a major role in the distribution and sale of commodities to final consumers. It is currently being observed as an essential component of modern life style and a way of doing business.
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The paper "Operational Performance & Measurement for Supply Chains" is an outstanding example of a management literature review. Supply chain management is vital and it involves operational performance assessment. Operational performance refers to the results accomplished by the daily routines, workings and actions of a supply chain.
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The paper “Factors Influencing Performance Management Systems in Organizations” is an original example of a management literature review. The contemporary organization has focussed on performance management systems by investing the ever-increasing amount of resources, but as Gattiker & Goodhue (2004) argue, it is not yet clear what organizations can expect from these investments in return.
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The paper "Evidence-Based Management" is an outstanding example of a management literature review. Evidence-based management is a relatively new concept. Rousseau states that evidence-based management involves identifying the best evidence and incorporating them into organizational practices (256).
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The paper "Risk vs Reward in the Real World " is an outstanding example of a management literature review. It is always considered by the wise that life is the gift of God given to every human being. However, in life, everybody is given equal opportunity in terms of time and the difference is what a person chooses to do with his life (Ariely 2010).
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The paper “The Process of Strategic Planning is More Important than the Plan Itself” is a persuasive example of a management literature review. Many organizations have been engaging in only tactical planning, which involves laying down yearly goals and objectives that were then employed by the top management to evaluate not only the organization’s productivity but individual employees as well.
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The paper “Skills and Attitudes Integral to Critical Thinking” is a forceful example of a management literature review. Critical thinking is vital and important in our day-to-day activities. Thinking is often informal but routine. A great deal of our thinking is distorted, biased, partial, prejudiced, or uninformed.
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The paper “Knowledge Work and Organisations” is an original example of management literature review. A community of practice constitutes a group of people who share a goal in their profession or a craft. Normally a community of practice is established with the main aim of acquiring more knowledge and skills in a particular area.
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The paper "Leadership and Managerial Styles in Athletic Administration" is a good example of a literature review on management. The guarantee of a modern business's success is no longer the prerogative of quality and service delivery and these notions are no more the only assets that distinguish the firm from the competition.
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The paper “Organisational Culture as a Powerful but Invisible Force” is a persuasive example of a management literature review. An idea to view the organization as having its own culture is the phenomenon of the recent decades which has originated as the independent variable impacting employees’ behavior and attitude. I
The organization is a structure with a ‘collage’ of humans doing their work under the supervision of a leader. These workers will be apportioned roles according to their educational qualifications, skill, knowledge etc. After everything is over, it is the duty of the organization to provide the employees with an optimal working environment.
The organisations in Australia have started evolving to the concept of change management and continuous adjustments are being made to adapt to new global realities. A recent and relevant example is the major restructuring by the Australian Council to play a greater leadership role in the arts sector (O’Malley, 2004, p.1).
HR ‘best practices’ would differ across industries and across nations. Best practices include establishing a service-oriented culture, building a strong capital base, motivating employees, and providing employees with an opportunity to contribute. Best practices according to Johnson (2000) are effective because of their underlying principle.
The mechanistic processes of organizational structure and functioning show that while this approach suits certain conditions, contemporary demands require more open, adaptive-to-change, and receptive-to-learning type organizations. Mechanically structured organizations have great difficulty adapting to changing circumstances.
A family of workers is an important asset of any business hence increasing staffs’ capabilities and productivity is paramount. The manager’s role in a company is to get things done through the employees hence they should be able to motivate them. In spite of enormous basic and applied research, most managers do not understand clearly the subject of motivation hence it is poorly practiced in many organizations.
New developments in organizational studies are the recognition that an organization has both a hard component and a soft component. While the formal structure indicates the apparent flow of power in the hierarchy, the informal structure likewise exerts an influence that may run horizontally or vertically, upwards and downwards.