Management Essays

It will be vital to mention that effective operational functions depend upon collective performance of various organisational departments. In this regard, a few of the departments present within diverse organisations generally include human resource (HR) department, financial department, operations department and marketing department.

Currently, the organization is operating its business in 103 global nations with 40,975 numbers of fast-food outlets that correspondingly serve millions of customers (SUBWAY 2013). Emphasizing the current business practices along with various business functions of the organization i.e. Subway, the title of this paper is “Critically analyze the “ineffectiveness of employee's compensation & benefits at Subway in Singapore.”

Businesses are facing new challenges almost every single day in their respective field of work while conducting different projects which is affecting their performances significantly. In order to make themselves stand apart from their competitors and gain a competitive advantage; businesses are adopting various project management strategies.

This research will begin with the comparison of Personnel Management and Human Resource Management, and then it will demonstrate approaches of HRM followed in the organization and changes occurring over the years. The research will tell about HR Planning process in the organization and compare recruitment and selection process of IBM and Oracle organizations.

The intention of this study is Customer Relationship Management, or CRM, that has many perspectives and definitions that illustrate its fundamental thrust, that of trying to present a holistic strategy for managing customer relationships by getting to know the customers and their needs better, communicating with them more effectively and trying to fulfil these needs

Information and technology as one of the major aspects in human life has over time led to a revolution of lifestyles. It has completely changed how we live and work both at home and the work place. It has further impacted on industry leading to industrial revolution and Agricultural revolution. This has further led to improved commerce, transport systems, research, health care and modern communication.

odology…………………………………………………………………………………..6 Literature Review……………………………………………………….……………………..7 Results………………………………………………………………………………………..10 Analysis and Interpretation………………………………………………..…………………11 Conclusion………………………………………………………………….

The author states that the company primarily aims at combining activism with marketing and encourages women to concentrate on self-esteem along with environmental and social causes. The company strongly criticizes the idea of testing products on animals and ensures that the ingredients used in its products have not been tested on animals.

The modern globalized business environment presents businesses with myriad challenges that create the need for improved service delivery and product development. As a leader in the provision of software and hardware capabilities relating to information, the organization faces the need to institute new and improved ways of operations in order to realize its objectives.

The researcher states that the Process of Business Transformation is considered as a key managerial initiative undertaken by the organisational managers through the effective integration of components related to human resources, technology and the existing organisational processes to the strategic objectives and goals of the company.

Morgan Stanley is a global financial services firm dedicated to three core business units: investment banking, private banking, and asset management. To trace its roots in the history, the company was originally formed by the previous J.P. Morgan & Co. and some partners from Drexel which was headquartered in Wall Street, New York City.

The hotel industry is a very competitive industry, where the visitors have the options of choosing from a wide variety of hotel, motels, etc. each having their own unique selling feature. Each hotel has to prove itself by offering the highest quality of services. The hotel business has become similar to any corporate entity

To sum up, the quest to provide premium service and a flawless IT security is an ongoing battle as constant changes need to be made by ascertaining, evaluating and monitoring the current trend of the security environment thus enabling Standard Chartered Bank to stay one step ahead of the competition and criminals who are always on the lookout for vulnerabilities in the online banking system. 

Ford Motor Company's first operation was in London and consequently the company had become one of the most popular car manufacturers in the whole UK and all over the world. The prime focus of Ford is on automotive manufacturing. The priority of Ford Motor Company is to develop safe, stylish and competent cars.

Information technology can perform countless tasks for the organization like capturing, storing, processing, exchanging, and using information for the company. It involves hardware and software. Hardware includes computers and equipment while software and the operating systems are stored in the database or memory of the computer.

The estimation is one of the best planning tools at the disposal of the project manager. As the budgets and deadlines are very important in a project, it is important to specifically and accurately predict what the project is likely to encounter during the application of the project.

This report studies the analysis done by the accountant taking into account all additional information available and using discounted cash flow technique. However, the Net Present Value of the project was still found to be unfavourable. Thereafter, all the information was deeply investigated and certain pieces of information were found to be irrelevant or unfair for taking the investment decision.

Spitzberg and Cupach (2002) suggest that competent communicators provide definitions of competent communication. Competent communicators make use of interpersonal skills, knowledge, and motivation. Interpersonal skills, knowledge, and motivation play an important role in that these three concepts contribute to developing competent communication.

The Bank of America principally functions in the United States, Latin America, Canada, and Europe and employs over 288,000 people throughout the world. The Bank of America caters to the requirements of individual clients, small business organizations as well as large business corporations with a variety of banking and financial services.

Regarding this, the move to restructure the system would not be difficult to understand although it is not an assurance that specific levels of employees’ morale, productivity and motivation will still be preserved. These aspects are highly influenced by human relations as stated in the human relations theories.

Forming effective virtual teams has shown to be more complicated than expected. “Managers cannot simply create high-performance by assigning members and ‘letting them run’. Without careful structuring, support and attention to processes, virtual teams do not achieve their potential and may not be able to even get off the ground” (Fisher & Fisher, p.

Moral attributes a personal character while ethics focus on a social system in which morals are applied. The moral codes of a person usually remain stable, while the ethics he practices can be other-dependent. The term ethics refers to a set of rules and regulations, principles, or ways of thinking that control the actions of an individual or a particular group.

This essay has examined action research as implemented in the social sciences in terms of my personal perspectives. The essay has examined my growth edge in terms of social science research. The essay has revealed that action research constitutes a unique collaborative approach to developing research solutions.

The second major point is the important ethical consideration in doing and publishing a research. As the various ethical and legal complexities are analysed, the course makes one able to be cautious of such challenges. The next major part is the use of language. The last and the most important area is the way to write a flawless dissertation in a cohesive way.

The healthcare industry is one of the most affected with thousands losing jobs thereby hurting the already desperate workforce shortage situation. Healthcare institutions are in dire shortage of nurses and physicians. This understaffing has resulted into the few available workers operating for long hours, becoming susceptible to making errors.

As a result, it is important for managers to remain ahead of their competitors, and especially as a company ventures into new markets for a variety of reasons. Other than expansion, there are various reasons why a company may seek to venture into new business frontiers.

The conventional definitions and scope of leadership, are hence, no longer applicable to meet the demands of 21st century. The corporate world in present times is highly characterized by a dynamic external environment, and complexity which requires the leaders of the today to be efficient to face the challenges posed by the corporate environment.

Local promoters will be targeted so that they allow the artist with the opportunity of illustrating his abilities to the audience for the purpose of winning their admiration and respect (Amicone, 2002). Additionally, the artist’s performance will be planed through avenues such as events, gatherings, and parties.

The concept of Risk in SCRUM 5. Comparing concepts and how risk in projects are handled in Prince 2 and SCRUM 6. Discussion and Conclusion The concept of risk in different project management Approaches 1. Introduction Risks in project management often occur.

Whether it is a service organization or a product-oriented organization, innovation is the key to business. But how an organization can reach towards a proper innovation is a question worthy indeed. A fact of competing in the business environment reveals that quality improvement via innovation leads to a posture outstanding in the market.

The store will focus on the local market and will concentrate especially upon the merchandise that is desired by the young population within NYC. The business will start with the finance of USD 20000 from the own capital of the owner along with a business loan of USD 25000. The overall starting cost of the business is USD 45000 and the estimated sales.

It is necessary for leaders to give room for communication and consultations by removing barriers that may hinder juniors from airing out their views. He goes ahead to assert that real leaders make themselves available and accessible. They also recognize the efforts and problems facing underlings since even they demand high standards. 

Steve Jobs did his job well during both terms as CEO of the firm. He was the original CEO that took the company from a firm that operated in a garage to become one of the most innovative companies in the computer industry. The success of Steve Jobs as a leader can be better evaluated by comparing his actions to the five strategic tasks of management.

Among the employees of every organization, there are distinct ways of doing things. This is propagated through the ‘generational influence’ among the staff. When new staff is hired, they have to learn these values subconsciously since that is the culture in the organization. We must ask ourselves this question.

He/she should have the ability to recognize talent when he/she sees it and be able to organize that talent and lead it in a way so as to fully utilize it.1 Moreover, in my opinion, a good leader places his group’s needs before his so that the followers are motivated to put in their best.

Management of any venture or business dictates whether or not the goals and achievements of the venture will be reached. In the formation of any business or organization, a management team is the most scrutinized team to be put in place.

The skillful negotiator tries to comprehend how parties will modify and remodify their roles during arbitrations, depending on what other negotiating partner does and is likely to do. Negotiators must exchange details and struggle to influence others. Each part proposes adjustments to the position of the other negotiator and modifies its own.

Business organizations relating to such external changes are required to adapt to new visions and mission objectives to help address the market needs in an effective fashion. Changes brought about in the organizational vision and mission are evaluated in terms of enhancing the competence level of the business concerns to operate more effectively thereby gaining on in market shares and revenues.

However, organizations can only try to eliminate socio-economic barriers in order to facilitate the engagement of employees to lead to better organizational performance. Clifton (2008) believed that organizations should empower and treat employees equally in order to gain their engagement and enhance their satisfaction level.

Currently, at Electrocom Ltd, the culture among the employees is such that even when innovative knowledge is provided to them, it becomes a part of their personal development and does not contribute positively to the organization’s learning curve. Thus the company is reaping no benefit and not moving towards improvement as expected by these initiatives.

Textile industry is of crucial importance for Pakistan. The total contribution of the textile industry in the income earned through exports is 60%, its contribution in the manufacturing arena is 46%, and this sector consumes over 46% of the loans obtained through banks, 38% of the total employed workforce of Pakistan works in the textile industry.

Retailers such as Marks & Spencer, John Lewis, Target, Wal-Mart, Kohl, and others are struggling to maintain sales growth while other retail players such as Nordstrom, Saks, and Neiman Marcus have recorded same-store sales growth of 12% last year. Global retailers are facing the following trends to change the dynamics of business operations.

Merrill Lynch’s real potential is held back by challenges of logistics arising from its continued dependence on obsolete methods of data management. Its market segments in the US and Canadian markets are under threat of competitors due to the differences in the adoption of technological solutions to store, manage, and process legal data.

In other words, such companies are highly “hierarchical, bureaucratic, or command and-control companies” (as cited in Carney and Getz, 2009, p.23). These companies follow the “traditional” and “top-down” approach to management (as cited in Carney and Getz, 2009, p.23-24).

Today, larger organizations focus on technological and product innovations to expand their business internationally and to raise potential challenges to small and domestic operators who lack strong technological background. At the same time, domestic and other small level marketers strive to generate innovative ideas to confront corporate giants. 

Performance management entails all activities that ensure that individual objectives contribute towards attaining pre-determined organizational goals and objectives. Performance management systems should provide the job description of individual employees and ensure set goals are realistic and attainable with the available resources in the organization.

This managerial technique assists the top level management to evaluate the current position of the organization with respect to employee performance and thereby to identify the areas of improvement. Since performance appraisal is an effective way to boost organizational productivity and competitiveness, this management tool has the potential to influence the firm’s net profitability.

The female manager must priorities the companies’ clients over and above the female managers’ personal lives. As a result, the female managers have no time for reading activities. Reading activities increase the female managers’ brainpower. Further, research indicated that women prefer to talk to persons of the same level, capacity, aptitude.

One is able to minimize the chances of keeping his strengths in a state of redundancy. In essence, it does not necessarily qualify to be termed as triggering upward movement but rather, enabling one to make use of his full potential to achieve short-term and lifelong objectives. To me, it is also a chance to get to realize my full potential, get in touch with my personal self.

In this book, the author has depicted the importance of analysing organisations with respect to theory, practice and revitalisation. The development of technology and modernisations has led towards various critical situations with respect to social and cultural aspects for organisations to conduct their business operations in an efficient manner.