Management Essays

It may be defined as the ratio of outputs to inputs. The more favourable the ratio of benefits to costs, the greater the efficiency of the process. It focuses on getting the highest possible outcome while utilising the least possible resources. All organised activity is based on creating a value that is higher than the cost of producing this value; hence efficiency is a very important aspect of any production process.

This essay primarily focused on evaluation of the effectiveness of the realization of the prescriptive business strategy in times of turbulence in the business markets. The theoretical aspect of the strategy is based on the aspect that adopting a rational and factual analysis of the strategic options leads to generation of the best output.

The history of special needs dates back decades ago, but the documented cases were evident at the beginning of the 20th century where ideas about the provision of education for children with special needs were based on a medical model of ‘defects’. This model was focused on difference rather than nor­mality, on illness rather than well-being, and particularly on the ‘problem’ with the child.

The success of every organization depends on the effectiveness of its management. In order to deliver quality management, it is important that managers apply the correct management style and use the most appropriate communication styles. They should also have an insight into the personalities of every employee.

Empirical evidence at Tesco stores, like the one at Aldershot, shows that the loss in margin is more than offset by the huge increase in volumes caused by loyalty cards like the Clubcard. Therefore, loyalty cards like the Clubcard have a favorable influence on the profit of the retailers. The Clubcard scheme increased the profits of Tesco at the store level as well as at the consolidated level.

Nokia has been the largest mobile phone manufacturer in the world for several years now with 30% market share as of first quarter of 2011. Micromax was an unknown name 3 years ago but has jumped to the no. 3 position in the Indian domestic market a few months ago.

Two of the most significant ones are assertive behavior and aggressive behavior. Since many people believe that assertive behavior has got a lot to do with being pushy, aggressive behavior is all about forceful and belligerent. However, the mannerisms are something that must be reached deep upon before one can decide for himself what is the best behavior out of the two.

Information systems help decision-makers at a business to make informed decisions for the company. Information technology helps get prepared data on all areas of the business as it offers current data, background, and trend analysis. Supply of information to decision-makers. better customer service. continuous availability of the systems. growth in communication capabilities and methods.

Apple was founded in the year 1976, the company did face its share of turmoil but it recovered swiftly and there has been no looking back ever since. This paper will shed light upon important factors like the evolution of the industry structure, the nature of sustained competitive advantage, the timing of strategic moves and so on.

Their target market originally comprised of married women but is now wider and more diverse. When their chairman of the board, CEO and founder died unexpectedly, Comfort Homes had to take a tough decision – who to appoint as next CEO? They chose to appoint a new person from a rival brand since the sons of the late CEO were too young to be appointed for the coveted post.

My short-term goals are finding an internship before graduation. Internship in an accounting firm will orient me in the accounting field and help me in networking with already established accountants. The internship will help me apply theoretical work studied in class into skilled practice and gaining knowledge and experience.

A competency based, critical review of leadership and management in my work Organisation Introduction This report provides an in-depth assessment of two key management competencies – leadership and motivation and its role in contributing to organizational goals and objectives.

Good ethics are also essential in increasing the productivity of an organization. If each individual practices good ethics, then the workplace becomes more conducive and an organization can register growth. Adapting good ethics is essential as this protects a company’s reputation and this serves in increasing profits in the market.

Some of the advance technologies in use were to reduce the environmental impact and to reduce the overall cost of the project development. The case thus highlights ways that the project was capable of developing by overcoming the technical problems and the environmental impact difficulties.

Transformational leadership and transactional leadership are two of the most common leadership styles that suit a wide array of circumstances. An objective understanding of the differences between these two leadership styles is fundamental to the attainment of the concept of the transformational leadership theory as a whole.

Management experts have long been interested in studying national cultures because of the impact they can have on the employees and in turn the on the organizational culture. Different theories and models explain national cultures by describing characteristics of cultures. 

Stress is the major cause of employee dissatisfaction (Gregory, 2011). Branham (2005) concurs with this and reckons that stress negatively affects productivity and the probability of employees staying at their workplace. There are various causes of stress, including instances when companies cannot provide the necessary tools to perform some tasks efficiently (Gregory, 2011).

Entrepreneurship can be defined as art; therefore, entrepreneurs can be labeled as artists. Although it may not be the conventional art, entrepreneurship is not an easy aspect of business, based on what the job description entails. Entrepreneurs are in charge of making the decisions that serve to determine the direction that a company will follow.

Organization aims to achieve consumer satisfaction along with their primary goal i.e. profitability. This is the reason for development of various frameworks in recent years to analyze the product market and companies competitive advantages. The development of various frameworks for analyzing demand and supply linkage haven given rise to debate about which one of them is more appropriate.

Federalism has been an ever-evolving relationship between state governments and the federal government. From a system of the dual federal system, the American governance structures have evolved to that of associative federalism. In "Federalist No. 46," James Madison asserts that both levels of governments "are distinct agents and trustees of the citizenry, constituted with distinct powers."

The author states that the path Steve Jobs passed in his professional evolution can become a role model for other leaders to follow. Rigid and arrogant, Steve Jobs, nevertheless, exemplified a unique type of the visionary leader who is dedicated to his leadership mission and devotes his life to his organization and people.

Different people have different cultural norms and believe (Camerer, 2003). The introduction and embracement of globalization and internationalization has resulted to different people from different cultures to migrate and change their countries of origin because of economical, political and social factors.

Change is an integral part of modern life. Change refers to the processes or initiatives that constitute a deviation or adjustment in the way with which operations within an organization are conducted. It, therefore, implies that organizational change management and personal change management are intertwined disciplines.

It notifies of the patient’s admission date and the length of stay in the hospital. It is a prior encounter with a physician who elucidates the entire process, addresses any queries with regard to the treatment. It ensures that the ailing individual approves of his or her treatment at the infirmary.

Experts in the field of human resource management indicate that winning organizations are able to create a competitive advantage over their rivals through the creation of an effective and efficient performance management system. A competitive advantage is achieved through the hiring talented individuals, placing such individuals in appropriate positions, etc.

When demand for products decreases, the supply of the products also goes down. This happens in any manufacturing environment, Make-to-Stock, Configure-to-Order, or either Engineer-to-Order. Make-to-Stock is a manufacturing environment that mostly depends on consumer demand forecasts.

The company coined its name from the co-founders Harold “Matt” Matson and Elliot “El” Handler. Handler's spouse, Ruth Hander afterwards became the president of the company launched the “Barbie” line of toys, which they named after their daughter’s sobriquet.

Exploratory research is also known as unstructured or informal form of research. This is generally done for conducting a background study of the research. The nature of the research keeps changing as the researcher uncovers the different aspects of the research area. In exploratory method of research no well-defined objective, sampling plan or questionnaire is prepared for collecting data. 

The strategy, organizational goals and purpose of the organization is fulfilled through 32 schools in 20 different locations in the US, which train about 500,000 soldiers annually. Currently TARDOC is transitioning into war fighting-functions centers to better serve their mission of “Strengthen America’s Force of Decisive Action”.

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.

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 communicate well with each other to get the job done. Any business that has communication problems is at risk of failing as a business entity.

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.

eBay is one of the largest global online market regions that brings together over 100 million people across the globe to do business together (Miner, 2011). It enables almost anyone to buy or sell practically anything through the internet. The company has thus created an ideal marketplace that has revolutionized the way of doing business across the globe.

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 change's categorization, one of the most apparent obstructions to change had been the reluctance of human beings to readily adapt to 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 whether it is planned or unplanned.

The recommended strategic growth option is to extend offerings to traditional services, in order to support the company’s business strategy of being an “über firm” and to leverage its competitive advantages, which are its management and staff expertise and organizational culture, and scarce resource of existing client and business-to-business relationships.

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.

Expatriate assignments fail quite often. Careful selection of international assignees can help improve the results. Most of the managerial positions are held by locals instead of expatriates, though it does not always happen so. The attitude that prevails in ethnocentric corporations is that local managers are superior whereas host-country managers are considered superior in polycentric firms.

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 strategic management 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.

The principle states that revenues shall be recognized only when they are realized. Thus answering the very question of when the revenues shall be realized. Now suppose, ABC Bakers receive an order to deliver 100kgs of biscuits at $1000, and thus, on receiving the order they recognize the revenue of $1000.

Using several examples, Nadler and Tushman (1989: 196) illustrate that as organisations bend their frames, they either choose to continue the past, as in reorientation forms of changes or break it, as in re-creation changes. They note the difficulty of maintaining organisational systems and culture as these changes occur.

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.

This thesis aims at reflecting upon my learning and understanding of leadership from the article titled “Crucibles of Leadership” by Bennis & Thomas which reflects the transformation of people’s mindset in accordance with transformative events. It has often been argued that leaders are not born with extra ordinaries qualities within them, they find meaning and learn from the most negative events.

Proper Oils is a company involved in the collection and processing of used cooking oil that is later sold as biodiesel or still as cooking oil. 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. There are a number of challenges facing the company.