Management Essays

The theories were classified into three, namely; Scientific Management Theory, Classical Organization Theory and Behavioral School and Management Science Theory.The early theories, however, were based on mere assumptions but were highly relevant at the time. The managers who coined such theories did so with an attempt to understand human behavior, though with remarkably little effort.

The author of the paper discusses that the break-even point, reference is being made to that time in the investment process when a balance can be reached in either making a profit or a loss. Subsequently, the gain must equal loss at this point so that the marginal level of profit can be 0 on a normative scale.

The first is that of addressing uncertainty explicitly. Through defining risk and expressing it explicitly, the risks have value and can be addressed for the specific meaning to the organization. The second is through tailoring the risk management to the needs of the organization so that it is relevant.

Successful leaders should always attempt to generate positive ideas and focus on task oriented activities along with influencing employees to follow them. Through this case study, it has been viewed that after obtaining the position of a manager, Charles Turner was in doubt regarding his promotion and lacked self-belief. It can be stated that self-belief is a key attribute of a leader which facilitates the person to take accurate decisions in the right time.

Effective Leadership in an Organisation. Organisational theorists hold the argument that effective leadership largely contributes towards organisational success. The quality of leadership would be responsible for the creation and maintenance of a successful organisation (Leigh, Shapiro & Penney 2010; Pearce, Locke & Conger 2007), therefore the need to critically analyse the effectiveness of organisational leaders in the execution of their mandates.

The marine industry basically comprises of the following sectors: Services – mainly concerned with the shipping industry and tourism. Resources- mainly concerned with the fishing industry. Manufacturing Industry - It is concerned with the manufacture of equipment for shipbuilding and oil and gas industries. Research – Mainly concerned with providing research work on the marine industry.

Workplace relationships can also pose a real significant problem both to the employer and the employees and, if not well managed, can lead to reduced productivity and unnecessary rivalry in the workplace. Research and studies show that workplace romances are almost inevitable and trying to inhibit them only increases the employees.

Chrysler was the third-largest automobile company in the world before its merger with Daimler AG. Due to the collision between the employees of both companies, the merger failed. After this, the company gradually started losing its position in the market and was under a huge burden from the creditors.

The growth has particularly been witnessed over the last few decades as evidenced by the many manufacturing companies and businesses being set up in China. It currently boasts of having some of the biggest manufacturing companies in the world and has become a major exporter of electronic devices. China's economy is the second-largest in terms of GDP.

A comparison of Boeing & Airbus Table of Contents Executive Summary 3 Introduction 4 Company overview 4 Boeing 4 Airbus 5 Five competitive advantages 6 Quality (Being Right) 6 Speed (Being Fast) 8 Dependability (Being on time only) 9 [Source: Kanji, G. 2008 p.63] 11 Flexibility (Being able to change) 11 Cost (Being Productive) 12 References 15 Executive Summary The executive summary is of prime importance as it throws light on the overall aspects of the topic of operational management.

What is decision-making? It occurs when an individual has to choose between two or more courses of action. The courses of action may in the end have different outcomes and therefore there may be a ‘correct’ decision and a wrong one. However, in some circumstances, both courses of action with which one has to choose may be wrong.

Conflict management is the practice that helps recognize as well as deal with disputes that occur in an effective, rational, and balanced way (Deutsch & Coleman, 2000). It is implemented in a business environment, involving effective communication, abilities in problem-solving as well as good skills in negotiations, which resume the focus on institutional objectives.

Within the office, there is the implementation of the employment policies and ensures that the grievances of the employees are met in conformity with the provision of the company or the organization. In every company, workers right has to be considered and by extension, there is the workers union that is charged with the responsibility.  

A contract legally binds the signees of the contract to the terms spelt out in the contract. A breach of the terms spelt out in a contract makes a party liable to prosecution by law and to imprisonment. This paper aims to highlight the features of rights and obligations pertaining to a contract.

Since the beginning of 2007, Woods and West (2010) reveal that the country’s record of 8% workers who are fully engaged is the lowest ever over the past five years. An additional finding of these researches is the recent shift in the main influencers and drivers of employee engagement which marks an elemental variation in the way workers perceive their careers or working lives.

The focus would be on the untapped markets, enlargement as a company and coming up with plans for development. It was clear that there was lack of uniformity in the information set up of the organization. This resulted to inaccuracy and inefficiency. Potential business and customer information was also not well documented due to poor record keeping methods by the staff.

al resources, and other resources to achieve its goals. Organization structure consists of activates like task allocation, supervision and coordination. Organization structure can be considered as perspective through which individuals see their organization and its environment.

With time, it has grown quite a lot and currently there is over 10,000 stores in over 70 countries the world over. Domino’s went international in the year 1983 after having a new store in Winnipeg, Manitoba located in Canada. Other major countries where Domino’s has its stores are Japan, India and many other continents.

Organizational change is a structured approach that ensures successful and smooth implementation of any occurring changes with an aim of achieving long lasting benefits. Singh & Waddell (2004) points out that in the environments of the modern businesses, many organizations face many rapid changes unlike the past.

Hence in order to attain this primary goal the management is required to stay focused for accomplishing their goals. Additionally they are also required to make sure that their employees are devoting their attention and efforts for driving organizational success.

During my work as a retail sales trainee, a situation was encountered while working in the retail sales team. The work function as a retail sales trainee involved assisting customers and restocking merchandise. The other functions as a sales trainee involved assisting the cashier in the time of congestion.

Researchers’ purpose in the conduct in the study was to broadly evaluate the progression of mental health services from the ‘era of independence in Malaysia to the contemporary times using historical evidence sourced from the government’s development plan on mental health institutions; it's anent government policy on mental healthcare.

The author states that Kelly also worked in Southwest airline industry as the vice president finance and later as the executive before his appointments as the vice chairman and CEO of the corporation in 2004. Kelly assumed his leadership role as a chairman of the business in the midst of May 2008 and two months later as a business executive.

Such standards emanate from the most reliable evidence that relates to people's experience, effectiveness and cost-effectiveness, safety issues, and equality in a development process (National Institute for Health and Care Excellence, 2013, p.1). Quality standards relate to measures and indicators, which define a level of compliance.

Employee performance depends on various factors like employee motivation, performance appraisals, employee satisfaction, training, and development as well as compensation (Mark and Akhtar, 2003). Teamwork is one of the effective employee behaviors. Organizational behavior aims to be positive in accomplishing the results of the organization. 

The research has got influenced by the work of Honeyball (2012) on the topic of ‘Employment Tribunals” and decided to understand whether existing employment tribunal norms in the UK are ‘fit for purpose’ or not? At the later stage of the study, the researcher will recommend reformation that can be made to improve the employment tribunal scenario in UK.

It elaborates on the things that determine the management of products so that they are of extremely high quality. Six Sigma was an invention of the Motorola Company when it wanted to determine the number of its products that were of high quality and those that had defects. Through the process, the manufacturer had to remove products with defects.

It is required at all levels of the organization. The study also discusses the importance of the research process suggested by Sekaran & Bougie for conducting any research work. It reflects that the step by step procedure mentioned by Sekaran & Bougie in the research process helps in increasing the reliability of the research.

This section of the research work presents a comparative case study between BP Oil and Tullow Oil Ghana, in understanding how Tullow Oil Ghana can learn from the risk management policies that have been used by BP Oil so far. In effect, the major strengths and weaknesses tied with BP Oil’s risk management policies shall be outlined and compared to risk management practices at Tullow Oil Ghana.

The possibility of a 33 year old woman to start any company of her choice in an emerging market like Indonesia is highly realistic and feasible. This is because much of the factors that determine the success or otherwise of starting a company in an emerging market is dependent on the application of prudent economic principles other than the personal factors like the age of the entrepreneur involved (Hirschsohn, 2008).

They help in promotion of right carrying principles. Ethical Cargo also helps destabilizing and illicit cargo flow v through air transport. The European commission funds Ethical Cargo to help make a risk assessment during procurement of airfreight services funds this agency.

Entrepreneurship is a very demanding and tasking activity that requires entrepreneurs to invest monies into the right type of business with the expectation of gaining profits from their investment (Goedhuys & Sleuwaegen, 2009). There is a common notion that the entrepreneur is only a capital injector into the business and so the actual running and day to day management of the business does not depend much on the entrepreneur but hired managers and administrators.

Organizations today are increasingly becoming varied in terms of race, gender, nationality and ethnicity. This multiplicity brings a considerable amount of prospective advantages such as greater creativeness and novelty, improved decision-making capacity, and more thriving marketing approaches to various categories of customers.

In addition, organizational behaviour is beneficial to managers, like enabling them to look keenly at the individual behaviours within an organization, to understand and internalize the complexities involved in interpersonal relations within an organization. The core of organizational behaviour is achieving effectiveness at work.

Its manufacturing operations spans over 37 countries under 11 famous brands like GMC, Chevrolet, Cadillac, Opel, Vauxhall, GMC, Buick and many more (Silicon India, 2013). The company employed close to 324,000 people worldwide and sold over 8.2 million cars and trucks in 2004.

The organization’s reorganization results in reduction or expansion of company size, and change of a particular strategy, or alteration of policy pertaining to certain products. Just like reorganization, rationalization is widely spread and encompassing business strategy as well as management changes.  

Central to the efforts are novel and useful solutions, vastly referred to as innovation in literature, towards the conservation of the ever shrinking resources, more so in the 21st century. More importantly in the entire quest for competitive advantage through innovation is the need for a dynamic and flexible climate that is receptive and adaptive to the trending knowledge, often achieved through collaborative arrangements such as alliances (Bleeke & Ernst, 1995).

In the workplaces, there is currently a workforce comprised of several generations; Baby Boomers, those people born in the 1950s and the early 1960s, Generation X comprising of people born in the late 1960s to 1980, and Millennials or Generation Y comprised of people born from 1981 to 1998 (Deloitte Development LLC, 2005).

The role of management in a business system is to control, direct and monitor the utilization of the scarce business resources that are core to the development of the organization. Workers form one of the scarcest yet vital resources that must be effectively harnessed to optimize its benefits to organizational development.

Because of globalisation technological revolution is available to every corner of the world that is why all the competitor in market are producing or giving product or services all most equivalent to each other. Because of up gradation in technology everyday something new is coming up.

Goyard products are luxury brands meaning that the production of its products for sale may be through the placement of orders and not on shop sales. Under the guidance of Morel Maison, Goyard mainly dealt in the production of leather trunks for the Duchess of Berry hence making his products to serve royalty. y.

Concentrated focus on the improvement of the warehouse usually leads to a reduction in logistic costs. However, it usually becomes difficult to reduce customer order cycle times. Nonetheless, the use of advanced technologies within these warehouses will automatically help in leveraging the cycle times. Additionally, such technologies prove data management and visibility.

Due to high inspiring and motivating power, the inner confidence and self-esteem of the employees enhanced thereby improving their dedication towards work. However, if the system of extra wages might be implemented within the organization of Apple Inc, then the rate of retention of the experienced employees might get enhanced. 

Case 2 “EXECUTIVE SUMMARY” Why Most Changes Fail Rick Maurer in this article describes that the failure rate of change process in the organization remains high at 70 percent. Change Management is a widely practiced exercise in any organization and yet results are dismal.

PRINCE2 requires risk management strategies from the initial stages all through to project closure, thereby giving management the confidence that all the project objectives will be met. The methodology considers risks as uncertain occurrences that have an effect on the accomplishment of objectives. 

Culture is a very important aspect in regard to interactions between countries, considering that it is through culture that different countries can understand one another, and be able to work together (Wurtz, 2005 n.p.). Under circumstances where the cultures of different countries are incompatible, the chances of such countries working together even in business is limited, considering that the socio-cultural differences that might arise are likely to limit the way the business is undertaken.

Total Quality Management is a more comprehensive approach that works across the organization horizontally with the involvement of all employees, departments, suppliers, and clients. Organizations have picked up Quality Management as they have realized its importance to the client who recognizes quality as a fundamental aspect of services and products.

In this regard, HACCP is a preventive measure rather than a corrective measure. Production and distribution of food involves a number of processes that are required to eliminate or prevent reintroduction of food hazards through post contamination.

ve Summary In line with the cycling event that has been scheduled as part of Fundraising Activity for Westminster University Cycling Union (WUCU), this report has been necessitated as the final costing and planning report for the event. With events of this nature, it is very important to use a technical management eye to see through the conduct of the programme to its end, even before the start of the programme (Bramwell 2007).

Managers perform critical functions in an organization and they are majorly held accountable for the success in the performance of the organization that they head. Manager’s change in any field is therefore a critical decision that influences the performance of the organization and therefore raises an empirical question that generates attention from academia.