Management Essays

Sophisticated examples such as Rail track and Barings in United Kingdom, Adelphia, Enron and Worldcom in United States and Parmalat, portray outcomes of lack of risk management. For instance, the companies which do not entirely apprehend the perils of adopting policies and stratagems are probable to fail.

In addition, scholars describe e-government as the process of governance in which citizens are allowed to access government services through the internet (Kazemikaitiene & Bileviciene, 2008). In addition, it is argued that e-governance plays a vital role in allowing various groups within a state to access, use and share data and information which is important for their daily activities and pursuance of their economic, political, legal and social cultural interests (Hilary, n.d).

“All of the individual differences that characterize any specific person serve to make that individual unique from everyone else”(Griffin 2011:477). The fact that each human being is an individual and even the most common of experiences could be interpreted differently. Moreover, though individuals tend to function and learn in a collective sense, each person still retains a sense of individuality or being unique.

The Rock of Ages Company recently switched from a manufacturing mentality to a retail mentality and is now faced with a number of management challenges. From an overarching perspective, the challenge is how the company can integrate concepts of core competency, strategic alliance, supply-chain management, and strategic synergy.

The decisions such as replacement of manual with automatic ovens, introduction of menu points & smart arrangement of tables helped to increase the profits and reduce the waiting time. The alternative approach presented for the improvement in operations calls for the utilization of Six Sigma Principle in conjunction with external benchmarking.

“Rock ‘n’ Reggae” is the name for a music festival intended by a municipality to be organized in summer in a town of the Florida State, USA by Planners “R” US. The venue planned is Marley Memorial Field which is a football stadium of high school having a capacity of 8000 people. This leisurely event is created for the entertainment of the targeted audience which includes the music fans of the region, local residents and students.

Corporate governance is the system by which business conglomerates are directed and managed in order to attain business objectives. Moreover, in modern times, corporate governance is implemented in most of the organizations as a strategic policy in order to handle the threats in a challenging way.

Downsizing involves the reduction of the workforce in an organization associated with the corporate reorganization. For this reason, it implies that a number of employees eventually have their contracts terminated, and it consequently affects their productivity before the termination of their employment. Thus, this analyses the best practices using the case of downsizing in Rutledge Company.

Abdullatif al Sayegh is known worldwide for the role that he played in media and communication. He was born in 1985 in Khobar Saudi Arabia. As any other child born in Saudi Arabia, Abdullatif attended Madrassa from where he learnt how to read and write in Arabic.

The quote of Francois de la Rochefoucauld is very much applicable in today’s business world. According to Hill and Jones (2008, pp. 5 – 6), “a company is said to have a competitive advantage over its rivals when its profitability is greater than the average profitability and profit growth of other companies competing for the same set of customers”.

The process was led by the firm’s CEO and the new vision entailed a new approach in the planning of the client’s accounts, a customer-focused structure and fostering operating interdependences among its offices distributed globally. The three initiatives were considered as strategies that would enhance the ability of the company to attract complex and dispersed customers and support the marketing strategy of the firm.

The petroleum companies of Shell, chevron and Exxon Mobil management and executive teams, are charged with the responsibility of ensuring the realization of corporate governance in these organizations. They are responsible in meeting the energy requirements of society, in means that are socially, economically and environmentally viable, presently and in the long term.

The WorldCom scandal was considered to be the largest corporate insolvency. Although WorldCom's failure is attributed to the company’s aggressive acquisition strategy, accounting fraud also played a notable role in forcing the organization to file for bankruptcy. The WorldCom case reflects a range of ethical problems that are likely to cause further corporate failures in the future.

The research delves into improving the current hiring and retaining strategies.  Some companies cannot hire or retain the right persons for the vacant job. Some job applicants focus on the salary and fringe benefits as a basis for applying for a company’s vacant job.  Different individuals have different personal biases when choosing a company. 

RIM has failed to develop and maintain a sustainable motivation, accountability, and effective marketing strategy and there is no clear-cut direction but conflicting opinions have further aggravated the performance of the organization. The organization has become unorganized and unmanageable. Various causes of these problems have severely affected the aggregate performance of the organization.

Risks are hazardous for the organisations, as they act as an obstacle in meeting the organisational missions and objectives. Management of risks involves identifying risks and assessing the level of damage they can cause in the functioning of the organisation (Jonas 1998).

This strategic plan was developed by ABC agency’s board of directors in collaboration with professional consultants. It provides a five-year roadmap that will transform the company into a multinational business. The board of directors was bound to a quarterly review and update of the strategic plan.

Thus cultural diversity only boosts the business regimes as it brings about more harmonious linkages and a better working attitude which is good for everyone. Cultural diversity is beneficial for companies and business organizations in three main ways; creating a multicultural relationship between employees, increasing creativity, and satisfying customers.

The ethical codes accountancy organizations do not strive to deter a certified accountant within a business from appropriately fulfilling that duty, but address situations in which acquiescence with the essential ethics could be compromised. Ethical Dilemma As an accountant, one of my roles is to look into financial dealings of the business.

Lastly, proper listening will assist me in identifying my own weaknesses and improve on them. Active listening will be the most appropriate measure to be employed to ensure that this situation is corrected. The questionnaire on team contribution skills has been of great assistance in identifying my major strengths and weaknesses in team work skills.

This study will focus mainly on international field experience and its influence on business management. This, thus, implies that the study would be limited on international rather than local. This excludes a similar local experience which has not been explored. The scope of the study does not take into consideration another field of education. 

Although eustress is the result of positive feelings and motivations, if it is not kept in good control it can prove overwhelming and exert symptoms in the negative realm. ‘Seyle (1975) expressed this distinction between the positive and negative aspects of stress as the difference between eustress (eu is the Greek root for “good”) and distress’ (101).

I have studied your case and on the basis of my analysis, I sense that you need to enhance the managerial functions in your organization. In a nutshell, all organizations irrespective of their size must develop and apply the four managerial functions (planning, organizing, directing and controlling) in order to run the business efficiently and achieve the objectives.

For example, German chemical companies succeeded because of Germany’s good research and development. This is because financial activities in a nation depend on an excellent base. Conversely, different demand conditions in nations leading to dissimilar demand structures can decide locations in countries resulting in different demand structures.

Millions of pounds have been used each year in an effort to repair and correctively maintain constructed buildings. Majority of occupants, particularly in the United Kingdom lived in distress, due to the presence of countless faults within their houses. Douglas and Ransom point out that “a seemingly endless stream of incompetent, embarrassing, and sometimes dangerous series failures in construction work” (2007, p.

Decision-making and leadership theory could have predicted and explained the failure of Chrysler LLC in that the company attempted to shift from one system of decision making to another. This was without going through a transition phase for all the employees of the company to understand the entire process and how it was expected to work against the competition in the motor vehicle industry in the United States.

Knowledge within organizations resides in various levels; however, this paper emphasises knowledge management at organizational level, whereby strategic concept relating to knowledge management mainly involves its management at both personal and group levels within an organizations.

Comprehensive study of the various methodologies used in lean six sigma are going to be looked at for example work flow process, relationship between patient and physician and compliance of patient pertaining to appointments to their care (Stamatis, 2011).

Every organization requires to know what they are doing and how things will be done. It is imperative for an organization to ensure that an organization has efficient operation of its business activities and that the roles of each worker are stipulated. Organizational structure, design and culture play an imperative role in organizational effectiveness and success

The project schedule management plan helps guide the project to meet the specified timeline. It is also a tool to monitor and control the scheduling of project activities and measure the project progress over time. In this context, project performance is measured against the project baselines, which are established in the early planning phase of the project (Mulcahy 2011).

3). A risk can be evaluated using two factors: probability and impact. Risk management is the detection, evaluation, and prioritization of threats followed by harmonized and economical application of possessions to monitor, minimize, and control the likelihood and/or impact of adverse events or to capitalize on the recognition of opportunities.

This report will apply a theory to the work place event evaluation and analysis. The study will summarize the evaluation and analysis of the study in the form of a conclusion. Finally, a recommendation plan has provided in order to formulate a conference or event management process for the future perspective.

Attributes and Skill of the Servant- Leader 27 3.1.3. The Resuscitation Officer: Their Function 28 3.1.4 The Resuscitation Officer as Servant Leader 34 3.2. Some Observations 40 4.0. Conclusion 44 4.1. Recommendations 45 4.2. Further Studies 45 References 46 Castelao, E.F., Ruso, S.G., Riethmuller, M.,& Boos, M.

Away from the cleaning and laundry products, the company is also a manufacturer of certain foods and beverages. From the records of the year 2012, the company was reported to have 126,000 employees and it is traded in the New York Stock Exchange, NYSE where it currently stands at $ 77.67 (Messmer 2008, p.34).

For example, he insisted that all nonessential supplies are abandoned and this created way for the establishment of a two-pound rule for personal gear (Lansing 199). Moreover, he made a decision that the crew should spend future nights in the boats because of unbearable conditions; this was the right decision at the moment.

The present report deals with a large music event organizer of Brisbane. Music plays a vital role in shaping the identity of a place (Stafford, 2006, p.1).  Following a similar trend, the music of Brisbane, the punk scene, in particular, used to represent an overwhelming mass revolt against the tyranny of the Bjelke-Petersen era.

CASE STUDY Table of Contents Table of Contents 2 Introduction 3 Critical Analysis 3 Ethical and Communication Issues 3 Results 6 Conclusion 6 Recommendation 7 References 8 Introduction Buddong system is a renowned organization presenting satellite uplink services, satellite up-link equipments, uplink facilities, unparalleled support in the entire region of Asia Pacific.

The two articles observed in the paper focus on the technological and business aspects of the cloud computing services and offer compelling insights into the superiority of Amazon cloud offerings vis-a-vis the business and technological needs of companies in this space (Sleit et al., 2013; Oursler, 2013).

Since the age of 18th and 19th century, the craze of wine increased significantly due to its pleasant taste and flavour.As a result,its growth also enhanced with a subsequent rate of 30 to 35 % every year in spite of heavy custom duties.Due to which,it was able to create a niche market for itself that acted as a boom for the industry to gear its global market value 

According to Handfield and Minahan (2012), the type and nature of relationships existing between customers, the suppliers of the raw materials and the manufacturers is very important in the process of product development. The critical decisions made at this point determine the success of the product in the market.

1.1 Human resources required to meet objectives in own area of responsibility My company is a global player in the foreign currency business and plans of further expansion and also on. However, with this objective more human resource is required who would be able to handle the expansion plans in different countries.

Communication: The key strength of James Raynor as an insurance agent is his communication skills. He possesses the capability of understanding the needs of the clients and subsequently he offers the required policies which would benefit the clients and the agency. He has great convincing power as he can easily change the prospects into his clients.

The paper includes the recognition and analysis of knowledge management as a crucial component in organisational progression and also the importance of managing the people who deal with managing knowledge in the organization as well as the effect of wrong culture on reducing the effectiveness of knowledge management.

Upon filling the self-assessment inventory, the researcher discovered a lot concerning his psychological concepts. He is equipped with an entrepreneurial personality, backed up with versatility, individuality, and innovation. Since personality defines an individual’s success when it comes to social relations, these aspects puts me in a strategic position of achieving my dream careers.

The previous investigations and knowledge gathered by other researchers act as theory which establishes the abilities, expectations and equipment for a successful completion of any research. It is worthy to mention that relevant theory can support the knowledge base of the phenomenon to be researched (Sinclair, 2007).

The purpose of this study was to research and critically examine the change process in SMC, analyze the impact of the change on employees and on the company as a whole. Some critical reviews and recommendations are based on leadership knowledge. The methodology of the study implies a review of related academic journals that helped to examine the company’s changing process.

Knowledge management through intellectual capital will be the basis for direct and indirect competitive advantage for organizations; and that successful organization will be the ones that are most adept at attracting, developing, and retaining individuals who can drive a global organization that is responsive for both its customers and the burgeoning opportunities of technology.

Close monitoring of the work of the staffs is conducted through the active collaboration with team leads who act as unit heads in the concern. This close monitoring helps in enhancing the business productivity of the employees through the sharpening of their skill sets. Mr. Thomas Mathews has effectively turned out to be an aspiring entrepreneur.

To understand the “common sense” notions of political action and power we must first define what exactly we mean when we use the term political action. The Merriam-Webster Dictionary defines political action as an “action designed to attain a purpose by the use of political power or by activity in political channels.”

The common tenet from literature holds that for the success of the supply chain managers should be aware of changes in the competitive market environment. The managers should then re-organize the supply chain to satisfy the genuine needs of the consumers. This swift response determines the adaptation of firms and supply chains to the needs of the ever-changing markets to achieve lasting competitive success.