StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Management Strategies and Practices - Essay Example

Cite this document
Summary
‘Management comprises directing and controlling a group of one or more people or entities for the purpose of coordinating and harmonizing them towards accomplishing a goal. Management often encompasses the deployment and manipulation of human resources, financial resources,…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER99% of users find it useful
Management Strategies and Practices
Read Text Preview

Extract of sample "Management Strategies and Practices"

Download file to see previous pages

(Montana.P and B. Charnov. 2000) Management is a discipline that has gained popularity over the years. Today people study and pursue degrees in managing the organization, the processes and most definitely people. It is true that employees are the asset of an organization. They are those who make the organization and lie at the foundation of it. Therefore, it is important that they be treated well, in such a way so that their skills and potential is polished. The right attitude in prospective employees is very important in order that employees give their 100% to the organization.

The right attitude means a positive inclination towards one’s profession and a personality that matches the requirement of that profession. The theory lies on the premise that there must be something relevant in people that they can take up a particular profession. Just like you cannot make someone without hands, drive, it is therefore impossible to make the quietest girl in the class into a cheerleader. Hence a drive, something inborn is necessary to take up a particular profession. Therefore one must understand that while degrees, medals, reports and skills count; there’s something else which distinguishes a winner from a loser.

There are also certain characteristics that organizations look for in their desired candidate in keeping with the culture of the company. For example; the Women & Infants Hospital of Rhode Island looks for doctors who are calm, composed, confident, energetic and compassionate. Even though companies are still impressed by a 4.0 gpa or a degree from Harvard University; it is not the only ingredient which makes successful employees who contribute positively to the wellbeing of the organization. (Kreitner.R., 2000) UPS has also been hiring employees based on their performance on attitude and behaviourial tests.

It therefore considers that the right temperament for a job is

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Management Strategies and Practices Essay Example | Topics and Well Written Essays - 1000 words - 1”, n.d.)
Management Strategies and Practices Essay Example | Topics and Well Written Essays - 1000 words - 1. Retrieved from https://studentshare.org/miscellaneous/1543063-management-strategies-and-practices
(Management Strategies and Practices Essay Example | Topics and Well Written Essays - 1000 Words - 1)
Management Strategies and Practices Essay Example | Topics and Well Written Essays - 1000 Words - 1. https://studentshare.org/miscellaneous/1543063-management-strategies-and-practices.
“Management Strategies and Practices Essay Example | Topics and Well Written Essays - 1000 Words - 1”, n.d. https://studentshare.org/miscellaneous/1543063-management-strategies-and-practices.
  • Cited: 0 times

CHECK THESE SAMPLES OF Management Strategies and Practices

Customer Relationship Marketing and Sales Management

heoretical underpinning Payne and Frow (2005) delineate functional dimension of CRM and stated that it concerns with creating improved shareholder value through development of appropriate relationships with key customers and customer segments by making a fusion of the potential of relation marketing strategies with IT to create profitable, long-term relationships with customers and other key stakeholders.... Studying in the context of Australian Banks for credit card holders, Saubert opine that while devising customer retention strategies, firms should weigh the value earned from each customer....
4 Pages (1000 words) Essay

HRM and Organizational Turnaround at Selfridges & Co

This is primarily done with regards to the organization's human resource Management Strategies and Practices and their impacts on the organization.... This management team was responsible for the creation and implementation of new HR practices and policies which will be discussed in the project.... hellip; According to the research findings, it can, therefore, be said that Selfridges Сompany's present HRM strategies have accounted for its abilities to deliver the highest performance of services to customers....
8 Pages (2000 words) Coursework

Organizational System Analysis of the Online Passenger: Traffic Management, Monitoring and Handling

As challenged by the Global Airline Industry Program in 2005, the airline industry is regarded as a unstable, competitive, and liberalized environment that has “altered Management Strategies and Practices in the domestic and international airline industry.... With its aim to deliver a global corporate brand of efficient transport servicing to more than 16 millions passengers, a very careful monitoring the traffic with hospitable and traveler-friendly strategies posted a challenge to airline....
4 Pages (1000 words) Essay

Introduction to Human Resource Management

The 2000s witnessed a growth in research interest in examining the link between personnel Management Strategies and Practices and UK companies' financial performances.... On the other hand, personnel management practices and organization are difficult to reproduce, in this manner representing an exceptional competitive advantage.... Personnel management professionals and personnel management practices will be required to create value by increasing organizational competitiveness....
7 Pages (1750 words) Essay

Managing Change and Creativity in Organizations

The present paper "Managing Change and Creativity in Organizations" provides an insight into the organizational theories and practices that drive creativity and innovation in an organization like Microsoft.... Human resource management has assumed increased significance in devising corporate strategies and enhancing organizational efficiency.... The paper provides a discussion concerning the aspects of organizational management.... Human resource management plays a critical role in defining business performance and productivity....
11 Pages (2750 words) Term Paper

Sarbanes-Oxley Act of 2002, the Securities Act of 1933, and the Securities Act of 1934

etail information about the properties and business assets of the companiesA clear description of the company's securities that are offered for saleClear information regarding Management Strategies and Practices of the companyRequires to ensure that the company's financial reports are certified by a group of independent accountantsSources: (U.... SARBANES-OXLEY & OTHER REQUIREMENTS FOR PUBLIC COMPANIES AUGUST 2, Sarbanes-Oxley RequirementsAccording to the Sarbanes-Oxley Act 2002, the fundamental requirements for publicly held organizations have been highlighted as follows:Requires the investors of the companies to receive each financial and other information with respect to securities that are being offered for public saleDetail statements regarding the roles and responsibilities of the company's management including CEO and/or CFO Detail statements regarding the establishment and maintenance of the internal controlling structure, tools and practices for reporting financial performanceStatement detailing the identification of the accounting framework used by the company in order to evaluate the controlling process within the financial reporting functionsStatement regarding the internal control system of the management along with their effectiveness assessment reportAppropriate attestation of the company's external auditors, regarding the effectiveness of the management, while performing internal controlling measures for developing financial reportsSources: (U....
2 Pages (500 words) Essay

Integrated Studies in Procurement and Acquisitions Management

The author observes the possible problems and provides strategies for addressing the main goals.... The paper 'Integrated Studies in Procurement and Acquisitions management' states that the inventory and supply chain management problems are intricately linked.... nbsp;… The first observable problem is the lack of standardization between the four plants with respect to marketing, manufacturing, supply chain management and financial reporting....
6 Pages (1500 words) Case Study

Introduction To Human Resource Management

hellip; Considerable research has shown that UK organizations do not use current or innovative personnel management best practices.... On the other hand, personnel management practices and organization are difficult to reproduce, in this manner representing an exceptional competitive advantage.... Personnel management professionals and personnel management practices will be required to create value by increasing organizational competitiveness....
7 Pages (1750 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us