It is a subsidiary company which is wholly owned by the parent company OGE Energy, which is itself a provider of energy services and energy for natural gas as well as electricity. The missions and goals of the energy company are multifold in nature. The primary mission of the company is to contribute towards the meeting the national demand for electric utility and natural gas and look forward to achieving its goals towards the midstream infrastructure of pipelines catering to the electric utility and natural gas.
power tools and lawn equipment industry. The mission of the company needs to be different and very clear. The important areas of mission statement include who we are, what is our business, what products do we offer, and why we chose the particular business.
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Good communication is the foundation of teamwork in the workplace. The managers of the company must be able to effectively communicate instructions to the staff. Lower level employees also have to communication well with each other to get the job done. Any business that has communication problems is at risk of failing as a business entity (Montgomery).
Organizations should make sure that positive energy created in the minds of the employees because of the existing work culture. Moreover, organizations should make sure to implement periodic changes in its culture based on the changes happening in science and technology and the subsequent changes in the life and living standards of the employees.
The role of SME has evolved in accordance with the technology present today. The global presence of SMEs, and even in the digital economy, has been helpful in boosting the business industry of different countries. . Nonetheless, it can be inferred that it is not easy to integrate SME with ICT. This process needs a thorough study and investigation.
The employees were operating at the benevolence of the management whereby it had promised a lot of things and indeed it had implemented some. However, when things in the textile industry changed for worse, the promises became null and void leaving the employees in dilemma as how to address their grievances.
The company has thus created an ideal market place that has revolutionized the way of doing business across the globe. A culture of any organization like EBay is defined by the way it conducts its business functions such as handling customers, selling of its products, structuring of the organization and its core values (Stanford 2011, p 276).
The words of John Quincy Adams, or JQA, show that not only did he fully comprehend, but that he exemplified the essence of a servant leader. Servant leadership is more than a buzzword; it actually conveys one of the noblest and most profound constructs of leadership.
Irrespective of its categorization, one of the most apparent obstructions to change had been reluctance of human beings to readily adapt changes. It is fundamentally due to the reason that change is known to bring massive alterations in the already settled system irrespective of the fact that whether it is planned or unplanned.
Retainer Relationships Advantages. 1. Supports existing business strategy. HUGE has idiosyncrasies in its projection selection and management that retainer relationships support. It focuses on projects that seek business transformation, so it prefers projects with ambitious re-design aspirations, new product development, and cross-platform marketing strategies.
According to the essay, the coordination of public secondary and post secondary education with the economy is critical in ensuring that a balance exists towards realization of economic success. Higher education sector is a sensitive area, that needs thorough actions taken by all the concerned parties in case of any problematic issue.
This has raised new challenges for the managers. Companies face pressing needs of international human resource management (HRM) in the present age particularly with respect to recruitment, training, and compensation of the global employees. Differences between the countries affect the HRM processes of a company in a variety of ways.
Stock maintenance should be ensured through material flows. Zara, a Spanish clothing outlet, follows automated routing systems for transporting electronically tagged clothes to correct loading bays in its logistics locations. This electronic procedure assists in minimising shrinkage levels with 98.9% accuracy in distribution.
Quite surprisingly, research has been centered on particular aspects of knowledge management rather than taking a holistic approach which undermines its strategic potential. There has been a little demonstration of the relationship between past progress and the current challenges of knowledge management.
The process involves the development of a mission and vision for the firm which as well as crafting and implementation of various strategies; this is a process that involves both thoughts and action. At certain times in the process, the firm will evaluate its strategies and whenever they fall below expectations appropriate action will be taken to mitigate and correct them.
For instance, people become thugs in the streets due to poverty and hunger even though they were not born thugs. This explains the fact that behavior is not a condition. Any human activity needs motivation as this is the only source of inspiration. Perfect examples are in activities that bring people together such as sports, work and education.
From then onwards, many consider him as the father of the accounting. (Kieso, 2009) Accounting is an art to record, classify and summarize financial transactions which are monetary in nature. These results are then interpreted in order to understand the financial position of a firm, or a department or even an industry.
Nasim and Sushil (2011: 186) emphasise that managing change has shifted from the trade-offs approach to the paradox thinking paradigm. They argue that managing changes involves managing various paradoxes, specifically balancing change and continuity efforts.
Public administration reform has become one of the key issues in public management. Governments everywhere have realized that in order to make public services more efficient, reform is inevitable. In this regard, most governments are hell-bent on integrating innovation and reform in public administration so as to minimize wastage, inefficiency, and excessive bureaucracy.
It has often been argued that leaders are not born with extra ordinaries qualities within them, they find meanings and learn from the most negative events. This particular notion acts beneath the explanations given by Bennis & Thomas in their article titled “Crucibles of Leadership”.
The company is primarily involved in collecting, processing and selling the product as cooking oil. Presently, the company is able to produce as much as it can collect the used oil from caterers. However, there are a number of challenges facing the company.
Relate your answer to Marks and Spencer fashion brands. Introduction Product design is one of the most important processes in the apparel industry because it determines various characteristics of the product such as the product cost, quality, the looks as well as the availability of the product in the market.
Financial advisor as a career choice. Financial advisor is a professional who offers financial services to clients. Financial advisors may act as: investment advisers, brokers, lawyers, insurance agents, brokers, financial planners, and accountants. Depending on the training and the licenses financial advisors have, they provide clients with financial services and products.
Present value of cash flow approach to security valuation has three subdivisions of measuring the value of an investment. These are the present value of dividend, present value of free cash flow to equity, as well as the present value of operating cash flow.
The unexpected performance of eBay in the online C2C market of China raised many questions regarding the decisions taken by the corporation in the geographical region. With a promising entrance into the market boosted by eBay’s acquisition of local online shopping giant EachNet in 2003, the corporation initially boasted of a staggering 72.4% market share of the Chinese e-shopping arena that was reduced to a mere 7.7% by 2007 as Alibaba’s competing venture Taobao.com captured 84.9% of the market.
These crucial factors have ultimately increased the level of complexities for different business organisations in competing with their respective key market competitors and sustaining in this competitive landscape. Thus, in order to mitigate this situation, the business or strategic leaders of diverse organisations require developing the management skills by a considerable level.
The author states that the director assumes a flexible leadership style depending on the personalities of his subordinates, as well as the demands of the situation. Third, he is unselfish, warm, kind, committed to the ideals of the organization and the program he heads; as well as pursues endeavors.
Later on the company entered the petrochemicals industry and showed very high growth rate. The company produces a wide variety of products for a number of industries operating globally, such as, “chemicals, plastics, automotive, aviation, textiles, footwear, paints and coatings, construction, technology, agriculture, health care, detergent, personal care, furniture, appliances and packaging” (Huntsman, 2013a).
The author of the study has provided with various suggestions which can serve the purpose of a guide to the managers and can also help in addressing specific managerial problems. These suggestions will help Blackberry to retain its position as the market leader provided if the plans are executed properly.
The case deals with the job complications faced by Gary along with some ethical issues. We can find here how an unethical step can lead to disasters in professional life. Moreover, we can see here that Gary, who is a project engineer by profession, has been offered with the position of project manager and it was accepted by him.
At the close of the year 2012, Facebook had over one billion active users every month and approximately four thousand employees; former Harvard students, Mark Zuckerberg, Chris Hughes, Eduardo Saverin and Dustin Moskovitz, founded it in 2004. The company does not charge its users but gets most of its earnings from advertisements on its website.
APC sent a team of American and Philippine engineers to conduct a geodetic and ocular survey of the sites. Mindful of the possible dangers due to terrorism and banditry in this coastal area in a largely rural environment, APC duly covered its expatriate personnel with kidnap and ransom insurance.
This is especially concerning their opinion about the running of the company and how they feel and attitudes about working for the company as employees. As a result an effective employee survey at Jollibee the goal is to design a plan on how to run the survey while focussing on factors such as the population taking the survey, the goals, potential challenges and potential solutions, as well as benefits of the study.
Various business activities including hiring, promotion, rewarding and compensation of the employees are always conducted without any discrimination on grounds of race, religion, gender, sexual orientation, disability and age (IBM, 2003).
The corporation has its core activities divided into six segments namely; exploration and production, gas and energy, biofuels, provision, distribution and international operations. PETROBRAS has a number of subsidiaries where it directly and indirectly engages them in research, extraction, refining, processing trading and transportation of oil from wells as well as other operations that are related to production and development and commercialization of energy (New York Times, 2013).
Therefore, organizations must depend on the collective efforts of all their stakeholders to realize its objectives. Teams are generally classified as vertical or functional, horizontal or cross-functional and self-directed. There are several tasks to which teams may be assigned including but not limited to the creation of new products, completion of specific projects or replacement departments that no longer perform.
Effective management led to the flourishing of past kingdoms, while poor management resulted in the collapse of Kingdoms and empires in the past. Similarly, today, companies consider management as an important factor that highly influences the performance of the company.
The effective management of such companies, however, is quite difficult to achieve. Not only must massive amounts of product be procured on a regular basis in order to attract customers, but expenses must be minimized as much and as consistently as possible in order to realize any type of revenue.
Leadership therefore becomes the deciding factor of the business’s success as it drives the people to perform in a manner that facilitates achievement of goals. Leadership has thus received immense attention from various spheres of study and its identification with behavioural studies is an important part in literature.
Charismatic and transformational leaders exhibit almost similar conducts. They define a category of leadership that involves motivation and enhancements of employees’ morale using diverse methods. This category insinuates following up on the employees’ performance in an organization with the intention of ensuring improvement though via inspiring.
Career management is all about planning how a person can maximise his full potential in his chosen or preferred career. In relation to personal development and career management purposes, it is essential to know more about the advantages and limitations behind the use of transformational leadership style.
The conflict diamond issue is critically important because it is not only recognized at the global level by UN and US but it is also making a reference to the human rights violations and other related issues. Besides using the proceeds for the war, blood diamonds are extracted through bonded as well as forced child labor wherein those mining such diamonds are hardly paid and are kept bonded to work on such mines for longer period of time.
Successfully deciding the scope is possibly the vital element of the successful procedure of defining a project. Actually, if project managers are not aware of certainly what they have to do and what the boundaries of the project are, they have certainly no possibility for success.
The bags are constructed in accordance with high-end quality in mind. The case study demonstrates that, “Ultimately it is all about great design…These bags are to keep their promise of durability and quality…Made entirely by hand, the bags have to be attractive to the visually trained, and meet high expectations” (FREITAG).
The implementation of an Enterprise Resource Planning Solution to resolve the operational difficulties being experienced by Atokowa currently would also equip the organization to face the more complex task of expansion. The replacement of the current system is apropos considering the problems Atokowa is experiencing because of it.
One can see that book provides new insight into the roles of environment, innate qualities, and circumstances in making a person or a business successful. The introduction of the book is titled ‘The Roseto Mystery’, and it describes how a people named Roseto who migrated from Italy to America successfully adapted to the circumstances there, and lived a healthier life than even their Native American counterparts.
Globalization has brought immense changes in this world. Business is one segment in which globalization forced enormous changes. International business or cross cultural business is growing day by day as a result of the increasing acceptance of globalization, liberalization and privatization at many parts of the world.
I categorized five emergent themes based on the specific statements I received from them. These people at some point may have least known me. Below are also my actual interpretations about me based on what others say. Reflected Best Self (RBS) portrait Now that at least I have known what others might say about me, at some point, I have references that I could use to tell myself who I am at my best.
Project management entails a systematic approach, one that is scientific in nature, to ensure that goals are properly set and project managers are continuously guided throughout the course of the project. It is howover argued that management of projects that involve innovation and complexity demands for a “systems” approach – a method that aims to look at each operating system and its relationships to be able to come up with the desired results.
The author states that the verbal abuse and the humiliation of creating a scene went down badly with the onlookers. The psychological feeling of harassment and hostility that were evoked produced a shameful situation which could have been averted long before it had reached these proportions. Nurses could even feel like leaving the profession.