...PLANNING IS the first managerial function involves setting organizational vision, goals, and objectives. AUTHERS' NAMES: William G. Nickels, James M. McHugh, and Susan M. McHugh. BOOK TITLE: UNDERSTANDING BUSINESS. EDITION: 6th Ed. PUBLISHER: McGraw Hill. COUNTRY: IRWIN. YEAR: 2002. PAGE NO.: 207. DISCUSSION, ANALYSES, AND CRITICIZEM - The authors defined planning as it is the first managerial function and about setting goals, vision, and objectives of the organization, BUT THEY mentioned that planning is only about setting goals but they didn't mention that the planning function is responsible also for deciding how those goals and objectives are going to be accomplished, and they also didn't mention the time horizon related to the plan and that it's also related to the future. SECOND DEFINITION DEFINATION PLANNING IS a process that includes defining goals, establishing strategy, and developing plans to coordinate activities. AUTHOR'S NAME: Stephen P. Robbings. BOOK TITLE: ORGANIZATIONAL BEHAVIOR. EDITION: International ED. PUBLICHER: Person, Prentice Hall. COUNTRY: San Diego. YEAR: 2005. PAGE NO.: 5. DISCUSSION, ANALYSES, AND CRITICIZEM -The author defined planning as a process which means that it has its steps, HE didn't mention that it's a managerial...
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...I will focus on what food sector strategy after M&S losing its billions. * Basing on its core values: Quality, Freshness, Value, Standards of innovation, Ethical Sourcing and Healthy eating. * Branded food: reduce the non-M&S branded lines, and introduce another 100 exclusive international food brands. * Plan A sustainability strategy: Since 2007, M&S launched Plan A to inspire their customers and to improve things for the better and act with integrity. * E-Business: encouraging people to buy their products online by developing knowledge and confidence in them. * In the following section: I am going to analyse how these strategies work to M&S. * SWOT analysis: I will operate this analysis to find out the following points of the organization in the market: Strength, Weaknesses, Opportunities, Threat. * Stakeholders, Board of Directors, suppliers, customers, employees * Conclusion * Reference 1. Plan A Report 2014 http://corporate.marksandspencer.com/plan-a/b6867fa1340d482da1ebde62c099dd69 2. M&S Plan A sustainability savings reach £135m http://www.businessgreen.com/bg/news/2273234/m-s-plan-a-sustainability-savings-reach-gbp135m 3. The recipe for success: M&S expands food stores, with 5,000 new positions http://www.independent.co.uk/news/business/news/the-recipe-for-success-ms-expands-food-stores-with-5000-new-positions-8897731.html 4. Nature Of Work At Marks And...
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...Content Needs Design/Layout * Neutral colors, consistent look and feel throughout. * Easy to read fonts A formal planning process for the website would consist of a planning committee that will obtain information and input from stakeholders. The steps would include * Gathering information by conducting surveys and analyzing results. * Design content that is easy to navigate through and find any potential hard to find information * Design the information architecture. Include lists that are needed to organize content, what needs to be highlighted on the home page, and analyse the use of potential customized navigation. * Evaluate the usefulness and relevance of the information contained in the website Conducting a survey The use of surveys will enable us to identify the needs and interests of the intended audience. From there, we can develop a plan and a solution that can solve any potential issues. The survey should include the following: * Number of pages and articles needed * Location of the articles/content * Type of information...
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...Analyse the internationalisation strategy and/or market strategy pursued by your company using appropriate analytical tools (such as Yip’s model of internationalisation and Ansoff matrix). Thomas cook group has a well planned out strategy which is to deliver sustainable profitable growth by providing trusted, personalised holiday experiences through a “high tech, high touch” approach. Using the ansoff matrix Thomas cook group outlines a detailed step by step procedure on how to achieve and maintain its strategy. Market Penetration- Thomas cook group plans to achieve a steady market penetration by growing profitably through their trusted product portfolio. Also by offering differentiated quality of the products enables customers to plan their own journey. This strategy aims to satisfy a wide selection of customers’ needs while generating significant revenue and margin growth. They also offer customers with a wide price range for their trip. These increase more sales to the market as it provide lower cost of air travel. Market development- Thomas cook groups plans to achieve this by delivering voyager android and omni-channel vision. Customers are shifting from making their bookings over the counter to booking digitally on their tablets, mobile phones and computers. Thomas cook plans to be a true technology innovator, leading the industry in both online and in e-retail. This Transformation will be supported throughout by leading technology infrastructure, building on...
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...seek support, as required. 5. Where your work has been deemed as unsatisfactory, you will be permitted to resubmit the assessment. Refer to RGIT reassessment policy and procedure. 6. Unless the assessment task specifically allows pair work or group activities such as brainstorming, you must submit their own original work and are not permitted to copy the work of other students. Plagiarism is never acceptable. 7. Assessments must be submitted on their due dates. 8. Extensions are permitted in consultation with the trainer. Performance objective Candidates will demonstrate knowledge and skills required to influence groups and individuals. Assessment description Using the workplace scenario information provided, you will plan the implementation and resourcing of an organisational change strategy, consult with various stakeholders, and implement a key part of the change strategy. At all stages, you will build support for the implementation. Note: You will need to keep copies of the work you undergo in this Assessment Task for further use in Assessment Task 3. Procedure 1. Review the simulated business documentation, including policies and procedures, in Appendix 1 ‘Max Lionel Realty’. Review templates contained in Appendix 2 ‘Templates’ for possible use or adaptation in completing assessment task requirements....
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...Even after investing over 10 lakhs in an MBA degree from one of highly advertised business school, Rajesh is still looking for an entry level job which can fetch him atleast 20-25,000 rupees per month so that he can start repayment of the loan his farmer father had taken from village landlord to finance his MBA. Rajesh completed his engineering from a private engineering college with a hope that he will be able to get a regular job which will minimize the uncertainty attached with the earnings from agriculture. He has seen his father losing sleep every year, when the rain gods played mischief. He has felt the anxiety at home till the time the payment for each crop was realised and all the small borrowings taken during the season for the crop were repaid. His father tried to fulfil all his financial needs so that he can be what he wants to be. Rajesh studied hard during his engineering course but he could not get any job during campus placements. After futile job search for over one year, few friends advised Rajesh to get an MBA degree. They said that MBA is a sure shot way to get a highly paid and high ranked job in a large MNC. He was lured by big advertisements of business schools which promised the students an ultra-modern campus and dream jobs. But even after attending over 25-30 job interviews, the best job he was offered was of sales executive with a “CTC” of rupees 2.5 lakh per annum but having fixed salary component of less than 10,000 rupees a month. Most of us reading...
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...1. Contrast formal with informal planning. Discuss why planning is beneficial. a. Informal planning has nothing written down, no plan of action. There is little or no sharing of goals with others in the organization and informal planning lacks continuity. Formal planning has specific goals covering a period of time. Organizational leaders share their ideas and have specific action plans to achieve goals. Formal planning is connected with positive financial results. Doing a good job in planning and setting goals helps your organization succeed. 2. Describe in detail the six-step strategic management process. b. Step 1-Identifying the Mission Statement i. Purpose of an organization ii. ID goals and strategies c. Step 2-External Analysis iii. Positive trends in external environmental factors, what’s going on iv. Negative trends, threats d. Step 3- Internal Analysis v. Resources-assets that are used to develop, make, and deliver vi. Capabilities- how organiztn is doing work vii. Core competencies- organiztn major value-creating capability and skills viii. Strengths-things they do well or any unique resources it has ix. Weaknesses- things they don’t do so well or don’t have x. SWOT-STRENGHTS WEAKNESSES OPPORTUNITIES THREATS e. Step 4- Formulating Strategies f. Step 5- Implementing Strategies g. Step 6-Evaluating Results ...
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...but each author has his own way in how to reach that goal. FIRST DEFINITION: DEFINITION PLANNING IS the first managerial function involves setting organizational vision, goals, and objectives. AUTHERS' NAMES: William G. Nickels, James M. McHugh, and Susan M. McHugh. BOOK TITLE: UNDERSTANDING BUSINESS. EDITION: 6th Ed. PUBLISHER: McGraw Hill. COUNTRY: IRWIN. YEAR: 2002. PAGE NO.: 207. DISCUSSION, ANALYSES, AND CRITICIZEM - The authors defined planning as it is the first managerial function and about setting goals, vision, and objectives of the organization, BUT THEY mentioned that planning is only about setting goals but they didn't mention that the planning function is responsible also for deciding how those goals and objectives are going to be accomplished, and they also didn't mention the time horizon related to the plan and that it's also related to the future. SECOND DEFINITION DEFINATION PLANNING IS a process that includes defining goals, establishing strategy, and developing plans to coordinate activities. AUTHOR'S NAME: Stephen P. Robbings. BOOK TITLE: ORGANIZATIONAL BEHAVIOR. EDITION: International ED. PUBLICHER: Person, Prentice Hall. COUNTRY: San Diego. YEAR: 2005. PAGE NO.:...
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...was hired from the start of the project. 3.2. Enumerate and describe the key decisions you made, and the reasons for making them as you did. As I was responsible for overall quality of the project, I had to ensure that the project plan was without error, and that there was no scope for delays and risks. I worked closely...
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...Strategic planning involves a structure or framework, a set of procedures (both formal and informal), and of course content. Beyond these basic elements, the underlying assumptions about strategic planning are that the future can be anticipated, forecasted, managed or even controlled, and that the best way to do so is to have a formal and integrated plan about it in place. The process of planning itself may turn out to be more important than the results, and that process requires, as Mintzberg suggests, both analysis and synthesis. Planning simply introduces a formal “discipline” for conducting long-term thinking about an institution, and for recognizing opportunities in and for minimizing risks from the external and internal environments. Among the hundreds available, perhaps the most well-know model of strategic planning has the SWOT (for strengths, weaknesses, opportunities, and threats) appraisal of internal and external environments as its centerpiece. But whatever the model, following decades of research across hundreds of organizations, empirical evidence on the effectiveness of strategic planning is mixed at best. So, why plan? Again, the answer may lie in the process itself; like the ritual rain dance, planning improves the dancing, if not the weather. 2 But...
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...Basic Planning Basic planning is the process used by management to evaluate the organizational goals. The planning process also includes creating a plan so the set goal can be successfully achieved. The basic planning process is made up of seven steps. The steps are: setting objectives, analyzing and evaluating the environments, identifying the alternatives, selecting the best solution, implementing the plan, controlling and assessing the results. The South Carolina Beauty Bar does not have different managers or departments. Therefore, the owner, manager, and assistant manager play a role in the basic planning process. There are no three levels of management. • Setting Objectives - "Objectives set out what a business is trying to achieve....
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...Interaction Essential features of a research plan Veikko Surakka Research Group for Emotions, Sociality, and Computing Tampere Unit for ComputerHuman Interaction, TAUCHI School of Information Sciences University of TampereTAUCHI – Tampere Unit for Computer-Human Interaction Essential features of a research plan Contents • What is a research plan? – General overview • Functions • About preparation process • Structure – Central components of the plan • Language – Expertism versus clarity – Some hints • Summary 1TAUCHI – Tampere Unit for Computer-Human Interaction What is a research plan? • It is really a plan, and an explication of your research • There can be different levels of plans – General level • Our focus today – Very detailed • E.g. in experimental research there are tens of details of how to carry out each individual study • Actually these are implementation plans, but NOTE that you must have them!TAUCHI – Tampere Unit for Computer-Human Interaction What is a research plan? It has several functions: • Forms the basis of your research project and the subsequent work leading up to the preparation of – your thesis or – your manuscript for a scientific publication • It should clearly communicate your research ideas to other people – Evaluators • Note that they may not be experts in your specific area of researchTAUCHI – Tampere Unit for Computer-Human Interaction What is a research plan? • The central aim is to get funding and/or ...
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...achieving near term objectives. Because it helps define appropriate short-term actions, it is more likely that the same line manager, making the staffing decision will still be in place to collect the benefits of that decision later on. First of all, it is important to address staffing from a proactive, planning perspective and not just an implantation phase. Even though this approach may have been used before, it is no longer realistic for organizations to assume that the staff needed to implement its plans is readily available and quickly recruited, trained, and qualified to work. Some staffing limitations may impact the company’s ability to implement its plans. For instance, my organization requires that only registered nurses with advance life support certification are to be scheduled to work on sub-acute unit. If this requirement is impossible to fulfill and company is unable recruit a sufficient number of nurses with critical care skills then implantation plan may not be successful. These limitations should...
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...How to Create an Effective Change Management Plan Prosci's Change Management Toolkit is one of the most comprehensive guides for managers, project teams and consultants involved in change management. The toolkit includes detailed planning templates, readiness assessments and guidelines for building executive sponsorship and managing resistance. Templates include communication plans, training plans, sponsor roadmaps, coaching plans and resistance management plans. Based on research with more than 700 companies, The Change Management Toolkit is a leader’s guide that contains templates and guidelines to help you effectively employ change management and write a complete and professional change management plan. Assessment tools and implementation guidelines will help you implement an effective change management strategy.The Change Management Toolkit enables you to: * Manage the people side of change, not just the business side. * Develop a change management strategy for your project. * Create a communication plan. * Actively manage resistance to change. | Toolkit elements: * Change management overview - what is change management, why is it important, what can I do to manage change effectively * Assessments - tools for evaluating your change and your organization's readiness for change * Templates - critical document templates for planning and executing change management - provided on CD-ROM * Theories and perspectives - a practical discussion of change principles...
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...List and briefly discuss the stages of a multimedia project. Be sure to define the milestones that mark the completion of the phase. Firstly, you must develop a sense of its scope and content, having a rough idea in your head on how to design your project. Then I have to develop an organized outline and a plan that is rational in terms of the skills, time, budget, tools, and resources that I have in hand. Scheduling, once I have worked out with my plan that include the phases, tasks and work items that I feel will be required. I have to layout these elements along a timeline. This will usually include milestones at which certain deliverables are to be done. To create a schedule I must estimate the total time required for each task. After scheduling, estimating the cost of the project will be relevant to estimate the entire cost after the project has been completed. It is relatively simple matter to estimate cost and effort, For example, the manufacturing industry. Having a progressive accounts and billing will be saved to review the financial part of the project, for example preparing a cost sheet. Finally, write and structure the elements of the multimedia project. Potential clients do not have a clue about how to make multimedia, but they do have a vision on their project. As a project designer, I will know what, my clients want and how to satisfy them. I occasionally may encounter a more formal request of proposal. This are typically detailed documents from large corporation...
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