Management Essays

Through quality standards and efficient strategies, McDonald’s has been a successful operator in the foodservice industry. McDonald’s has gained entry even in some of the most challenging markets, and this is evidenced by its international market growth. McDonald’s has been able to offer its products through its strong sense of customer satisfaction and quality service.

The research investigates the task of several factors which would lead to the success of knowledge sharing in the organizational culture, there were different factors related to organizational cultures such as different information system, interpersonal trust, and the different rewards awarded to the employees as motivational factors which plays an important role in showing the relationship between the employees and the employers.

Strategic planning determines where an organization would be heading in the next few years and how it would get there. It may be organization-wide or maybe concentrating on a few major functions like a specific division or department (McNamara, “What is Strategic Planning?”). It is followed widely in organizations.

Misbehaviour is prevalent in organizations, and similar to the behavior of managers themselves arises from the acknowledgment that the interests of employees and those of their employing organizations do not exactly match up. The abandonment of the topic in orthodox studies of organizational behavior reveals the normative base of the discipline. 

The brand Travelodge was created in 1980 when Lord Forte, later Baron Forte, bought over the US Travelodge brand in the US and established it in the UK. His own chain of hotels called Little Chefs was renamed as Travelodge. In 1995 the chain was bought by Granada of the US in a hostile takeover of the entire Forte Group.

The training would be delivered in several different ways. The first aspects would be delivered in a face-to-face classroom style in order to start employees on the right track. They would be assigned groups and these groups would work together to achieve specific goals that were set out by the training.

A leader should first and foremost focus on socio-cultural integration. To create  a  new  structure, manage  the  change  process,  retain  and motivate key employees, communicating with  the diverse stakeholders are among  the key tasks  to  engage  in.

The social and organizational changes are attributed to technological changes although, in a different perspective, the changes are a result of the quest for humans to improve their performance. The use of computers and cell phones to improve organizational operations and efficiency are examples of technological advancements that have led to positive changes in the lives of humans.

It also discusses what the level of response by companies to performance-related outcomes against the backdrop of deteriorating employee relations is, why good employee relations are vital in order to maximize the productivity of an organization while conflict resolution is pushed into a secondary place and what the nature of correlations between and among the dependent and independent variables and the functional level is. 

Workers are one of the greatest resources of the business and they need to be satisfied with their jobs and working environment. The introduction of a whole new technological environment may not only threaten them for the complications in its use but may also dissatisfy them as they would need to put effort and time into understanding and getting familiar with the new technology.

One important measure the management should take is to hire hardworking professionals in the first place who know how to work according to the policies and how to discipline themselves. Non-serious employees always find ways and techniques to waste their precious time and find rules and regulations disturbing.

Leadership is a process of social influence in which one person is able to enlist the aid and support of others in the accomplishment of a common task. The major points of this definition are that leadership is a group activity, is based on social influence, and revolves around a common task. Although this specification seems relatively simple, the reality of leadership is very complex.

The effectiveness of Human Resource Management (HRM) is the key to the success of any organization. HRM function includes a variety of functions like recruitment and selection, training and development, employee benefits and compensation, performance appraisal, and motivation techniques. Policies could also relate to whistleblowing, bullying, etc.

The extent to which AEAM, and approaches like it, contribute to the more sustainable use of our land and water resources awaits long-term assessment. Previous evaluations of AEAM have tended to focus on immediate outcomes. This study forms the first phase of an evaluation that seeks to measure the long-term effects of the approach and to provide a basis for ongoing evaluation.

In such business relationships, a high level of cross-cultural skills becomes a prerequisite for success. While many companies may attempt at setting up International Joint Ventures (IJV’s) or enter into strategic alliances and mergers, many such attempts do not progress even further than the negotiation process.

External analysis includes various Opportunities and Threats. The changes in the external environment are related to customers, suppliers, economic environment, and technological changes. When formulating strategy, SWOT profile becomes important. It is generated and used as the basis of goal setting, strategy formulation, and implementation. 

A 5-day leadership development program called Harbridge, originally implemented by Harvard and Cambridge Universities for corporate managers in the UK and has been sold to consultants in the UK and Europe. The then incumbent CEO of CAI and the previous CEO of Pembroke Consulting supported the program in PC.

One of the main principles of corporate governance is to maintain business ethics. Failures of corporate governance have been at the root of recent well-known cases of management defrauding the shareholders in some of the most advanced economies. This behavior was both an example of bad governance and unethical.

Appraisal systems depend on the performance and maturity of the manager/assessor to succeed or even make some improvements in the productivity of the employee. Since appraisal systems are personnel dependent processes, a thorough expert must be assigned the job of assessing the skills of the employee. 

Almost all people management theories reflect on the fact that real motivation comes from within an individual. Such motivation develops when people feel that their work is appreciated and efforts are valued. Valued individuals are efficient and productive and contribute largely to the success of an organization.

Having managers hire solely on the criterion that the successful recruit be “like themselves,” however, opens the door to subjectivity and possible abuse. Where the company has long been adjusted to this technique, with a long line of managers, with track records and whose attitudes have long been acclimatized to a corporate culture, such as Men’s Wearhouse, then this may make sense.

A two-stage framework can be proposed as a means of integrating the conflicting arguments that disorder is created by prison circumstances on the one hand, and that is basically allowed by prison circumstances on the other. Precipitating and controlling factors are related in the framework in a sequential manner.

From an organizational standpoint, having motivation for the sake of the employees and the same coming from the quarters of the leadership regimes is seen as a very positive sign. This means that the employees are on the same wavelength as the top management within the organization and there is no missing link present anywhere.

Derivatives are complex financial instruments that can be effective risk management tools. However, they can also expose the company that trades in derivatives to potential ruin. Derivatives usually need not be accounted for in a company’s financial statements; hence investors are unable to know the true financial condition of the company.

As organizations grow bigger and bigger and encompass the entire globe, they grow in complexity. The conventional principles of Organization behavior and management fail to offer logical solutions and explanations to the problems that riddle organizations of the modern world. It has, therefore, become very clear that there is the need to re-examine and rethink the principles on which Organizational Behavior and management are based.

The local government, together with the local communities and the private sector can all come together. The important question to answer is who should lead among the three groups. I suggest that the top-down approach, with proper consultation, should be practiced. It is just fitting that the government takes the lead on behalf of its constituents.

This new way of functioning, led by economic ideologies and rational strategies has contributed to the making of the public sector and further assimilation of both public and private business for economic growth and capitalism has speedily turned into a positive discussion on government policy and practice (McLaughlin and Murji 1995)).

Capital One is diversifying its business on multiple levels, from the management of massive growth to effective product development strategy. But the most interesting twist in the story is the role of the corporate real estate in cultivating corporate culture and helping the management to achieve the corporate and business level objectives.

The style approach enables a leader to examine the objectives and goals of the company and then eventually subdivide the behaviors accordingly. The triumph of the organization is based on the above factors. The skilled approach and the style approach are both crucial in the aspects of leadership. Effective leadership requires a leader to fully understand the people he or she leads as described by human skills and relational skills.

The above-discussed principles as well as theories relating to an effective crisis management plan would facilitate the hospital to manage the media during the occurrence of various crises. Moreover, certain crisis situations for a hospital have been recognized, and adequate media response releases for each of the crisis situations have also been portrayed.

Better still, the constitution of the enterprise is one that deserves emulation, since it provides for employees integration into the business as some of its owners. More so, the constitution provides an avenue through which the employees can check on the excesses of the enterprises’ management. However, the powers accorded to the chairman of the central board needs to be regulated.

The areas of importance in drill and incidence preparedness tests include the following: preparedness in the areas of the implements to be used during the response, the skills needed, the tactics to be applied, and lastly, the incidence management preparedness in general (Dorge & Sharon, 1999). The staff at Veema Consulting Group is available for consultation and offering further advice, as may be deemed fit. In the case you may need further, up to date information on the incidence case; you can reach any of the company’s Responder Programs Officers.

Health crisis nature limits the extent of proactive management an organization can afford to undertake. As demonstrated in this paper, the safety and care of the organization’s customers must be the most important consideration when facing a health crisis. The response mad cow disease illustrates the effective practice of a successful crisis communication strategy.

The company will use the straight-line method as a policy for deprecating its fixed assets. The straight-line method of depreciation will be used with an assumed salvage value of zero (Blackwell, 179). In this method of depreciation, the calculation of the depreciation expense for the fixed assets which is without the salvage value will have the cost of the assets divided by its useful life.

The world comes to a standstill when a match within the football grounds is played, watched by millions the world over and followed by just about everybody. (Amin, 2001) Ethically speaking, globalization has created illegal avenues of getting one’s work done from outsourced units which are spread all over the world.

The workforce must be given projects that are challenging. Maximum work should be delegated to them by the supervisors. Usually, it is assumed that the delegation of work means losing control over the employees. This might be true to some extent therefore work should be delegated but to some extent.

The study points towards the fact that as things in the workplace (in this place a hospital setting), due to strategic change, there can be chaos and confusion in the ground form operations in an organization. This means it eventually makes the workers/staff members or doctors and nurses and administrative staff, in this case, feels less motivated to work.

A broad consensus was indicated by the Islamic financial managers that a diversified portfolio was the proper approach towards risk management in Islamic finance. Thus, it was considered that a portfolio with about 50 % varied Sukuk holding and the remaining in cash, shares or stocks and real estate is likely to be optimal for risk management.

All through the years, team B has outperformed the other two teams despite the equity in the work environment. Interestingly, the market pressure and components pertaining to the work environment had been the same for all the teams. It has also been ensured by the company that the distribution of the intellectual capacity among the workforce also has been distributed equally among all three teams. 

The report also highlights the usage of activity-based techniques to improve the performance of the company. The statement on the suggested bid takes into account the standard costing for the products and the changes in the cost figures found out of the investigation carried out at the instance of the sales manager. 

While deciding to buy something, a typical buyer goes through sequential phases. This sequential act constitutes the sales cycle. The description of the sales cycle is cast on the buyer’s perspective. The first phase of a customer would be based on the perception of the need or the product. Subsequent to those perspectives are the steps of researching and evaluating.

The authors have analyzed in detail the cultural differences between Germany and Poland and the United Kingdom and Poland by investigating and researching the perceptions and opinions that people of these countries have about each other and how these opinions and perceptions get reflected in an industrial workplace backdrop. The authors have discussed the interactions these nations have had over the centuries. 

Later on Simon (1979) elaborated his definition adding the term “heuristics” referring to people’s efforts to economize cognitive knowledge by relying on short-cuts. Those two factors that define bounded rationality lead to the third one which involved emotions as influential category both on cognition and judgment.

Corporate budgeting encourages managers to lie and cheat and sets a colleague against colleague (Jensen, 2001). In a reputed beverage company, the Vice President - Sales, under-predicted demand for the holiday season. He wanted to ensure a low revenue target which he was sure to exceed. The consequences cost the company in a big way.

In terms of business sense, it is argued that operations management plays three main roles within the organization. It thus serves to function as “an implementer and supporter of the organization’s strategies as well as a driver strategy”. In view of this revelation, the current essay compares the similarities and differences in the management of operations for both Bmibaby and Fuller's brewery.

The revenue management system deals with the target of revenue maximization. Revenue management which is also known as yield management is to maximize revenue by setting different prices for every segment based on their willingness to pay. Different prices are also set depending on the different demand-supply of the markets. The more the customer is willing to pay, the more he or she is charged.

From the perspective of the marketers, the retailers are closer to the consumers compared to the suppliers. In recent times because of an intensely competitive environment, the importance of business information has grown. The role of business intelligence is very significant not only for the survival of the business but also for the everyday business negotiations and transactions.

Scholars have defined leadership as the “activity to influence people to strive willingly for group objectives. A leader is a person who “exercise interpersonal influence in a situation and direct (people) through a communication process towards a specialized goal or goals.”. Certain traits are attributed to leaders, which make them stand above the rest of their group.

The Information systems play a very important function in today’s organizations as well as information is measured as an important asset. Quickly varying information technology is growing the difficulty of information management, as concerns regarding the privacy, confidentiality, strength, as well as accurateness of the information and data stored have been delicate.

Under this method, present value of future cash inflows are compared with cash outflows in order to arrive at the decision. “Discounted cash flows follow the fundamental economic principle that the value of an asset is the present value of expected cash flows from using the asset.” (Constance Lutolf Carroll and Antii Pirnes, 2009, page 396).