...Contemporary Issues in Strategic Management Group 2. Business Level Strategy: How Firms choose to Achieve Competitive Advantage Purpose Your presentation is based on Lecture 4 and the aim of your presentation is to explain: * Porter’s generic strategy framework in terms of: * How the alternative strategies are achieved * How they position the firm favourably against the five forces in the competitive environment * What are the risks associated with each strategy * Why Porter thought doing both strategies (stuck-in-the-middle) would result in mediocre performance * How firms can achieve both strategies and succeed – a hybrid or integrated strategy. Structure & Content Your presentation should take about 30 minutes but no longer than 45 minutes. The questions which you need to answer in order to structure your presentation are taken from the Review Questions (page 114) at the end of Chapter 4 in your textbook (Ireland et al.). Answer Review Questions: 3, 4 & 5 in your textbook, Ireland et al chapter 4, pg. 114. To start the Tutorial discussion you must close your presentation by answering the question: Argue why Ireland et al (pg.109) think IKEA is pursuing a focused cost leadership strategy. Do you agree with their conclusion? Assessment Criteria See the assessment criteria for the group presentation on Moodle. Note, you will gain additional marks for demonstrating the depth of your understanding of...
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...Contemporary issues in Reward management James Turley X09893504 Introduction: The organisation in question here is in the process of having a job evaluation done in different divisions of the company to make sure that there is a fair pay structure in place to act as a defence against equal value claims being made. The company is using the point factor system as a method of job evaluation where points are assigned to factors of the job in order of importance. There are different issues that arise from using this system however. It is a time consuming and complex process. The correct data is needed and the personnel manager has rushed the process of gathering data. The evaluation will be inaccurate if the data gathered is not correct. Data relevant to two years ago is being used for the job descriptions. The job role may have changed dramatically in that space of time. The personnel manager in the company has evaluated the jobs of people who he “knows quite well”. The evaluation may become personal in this instance with the personnel manager giving pay and job advantages to the people he has preference to. He may also make assumptions and be judgemental instead of using actual facts. http://moodle.ncirl.ie/course/view.php?id=52 http://books.google.ie/books?id=y5FeP6nME8wC&pg=PA70&lpg=PA70&dq=point+factor+rating+method&source=bl&ots=7sr-4Ocywi&sig=zfPONE_IIzBPpt3IDS2FEvLXUFg&hl=en&sa=X&ei=J2t0T4fEDcK3hAfc8qWnBQ&sqi=2&ved=0CBw...
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...The Impact of Occupational Health and Safety Issues on Human Resource Management in Contemporary Organizations 1.0 Introduction With the development and globalization of world economy, the competition between organizations is becoming fiercer and more and more industrial pollution and production hazards are constantly threatening the health and safety of organization and its employees. Therefore, it is very important to fully recognize occupational health and safety management for organization increasing its productivity and enhancing its competitiveness. The essence of organization’s competition is the competition of "talent" and human is the core and most important one in various production factors. Retaining "talent" is the most key question in Human resource management, which is responsible for the balance of goals and needs between organizations and employees and take charge of nearly all decisions that are related to people. In this essay it will be detailed the discussion on the impact of some current occupational health and safety issues, such as job stress, on human resource management. 2. The functions and goal of Human Resource Management Human resources management refers to a series of human resources policies and relevant management activities implemented in the guidance of economics and human-centered thought to meet with organization’s needs for current and future development and ensure the achievement of organization’s goals and the maximization...
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...the health and safety of organization and its employees. Therefore, it is very important to fully recognize occupational health and safety management for organization increasing its productivity and enhancing its competitiveness. The essence of organization’s competition is the competition of "talent" and human is the core and most important one in various production factors. Retaining "talent" is the most key question in Human resource management, which is responsible for the balance of goals and needs between organizations and employees and take charge of nearly all decisions that are related to people. In this essay it will be detailed the discussion on the impact of some current occupational health and safety issues, such as job stress, on human resource management. 2. The functions and goal of Human Resource Management Human resources management refers to a series of human resources policies and relevant management activities implemented in the guidance of economics and human-centered thought to meet with organization’s needs for current and future development and ensure the achievement of organization’s goals and the maximization of employees’ development through the effective utilization of relevant human resources inside and outside of the organization by recruitment, selection, training, payment and other forms of management (Langbert, 2002). It is the whole process of predicting organization’s needs of human resources and making a human resources demand planning...
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...millionaire cities, mega cities and world cities. Economic development and change related to urbanisation. Contemporary urbanisation processes Urbanisation: characteristics, causes and effects. Suburbanisation: characteristics, causes and effects. Counter-urbanisation: characteristics, causes and effects. Re-urbanisation: characteristics, causes and effects. Planning and management issues. Contrasting case studies within countries at different levels of economic development to demonstrate the above. Urban decline and regeneration within urban areas Characteristics and causes of urban decline. Urban regeneration: gentrification, property-led regeneration schemes, partnership schemes between local and national governments and the private sector. Retailing and other services The decentralisation of retailing and other services – causes and impacts. One case study of an out-of-town centre retailing area. The redevelopment of urban centres – impacts and responses, including one case study of an urban centre that has undergone redevelopment. Contemporary sustainability issues in urban areas Waste management: recycling and its alternatives. Transport and its management: the development of integrated, efficient and sustainable systems. |Topic: World Cities - Economic development and change related to |Unit 3 –World Cities– Contemporary geographical issues | |urbanisation ...
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...study. Managers have a responsibility to cultivate a work atmosphere where the employee meets the requirements of the organization, and the organization meets the necessities of the employee. How to choose the right incentives so the profit sharing plan will motivate the employees is a difficult decision for any organization. In this case study, profit at the bottom of the ladder, building assets, linking asset building programs to improved performance are thoroughly examined. The authors examined the matter in their current study of organizations in nine different countries and the magnitude to which asset building had an influence on performance was inspected, examined, and assessed from the viewpoints of both line workers and senior management. While several companies have recognized asset-building advantages for their high-skilled and high income...
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... | | | |Frederick W. Taylor’s influence on modern understanding of contemporary management functions and the employer-employee relationship. | |Introduction | | | |Although being one of history’s most criticized management theorists, Frederick W. Taylor has justly earned himself the title as the | |‘father’ of scientific management | |Main techniques including time and motion study, monetary reward, standardization, goal setting and the managers responsibility for | |training are now incorporated into modern businesses and companies, building upon currently accepted understanding of contemporary | |management functions, influencing the preconceived belief that “labour-management conflict was virtually inevitable”, and improving | |employer-employee relationships. | |Although these techniques are still reflect...
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...profiles | LinkedIn www.linkedin.com/title/financial+analyst/at-nestle/ Financial analysts at Nestle are on LinkedIn. ... Summary: Senior Finance Manager | Financial Controller and member of Top Level Finance Management Team ... Nestle Financial Overall Company Size: Related Documents www.technologyevaluation.com/.../nestle-financial-overall-company-size... Featured Documents related to » nestle financial overall company size. ad. Get Free ... Throw Away Your Financial Statements: Managing by Metrics Analyzing ... [PDF] James Singh: Leading Nestlé's House of Finance - IMA www.imanet.org/PDFs/Public/SF/.../09_2011_sjoblom_kim_revised.pdf Sep 9, 2011 - fessor of financial management at IMD, for Strategic Finance about the organization of finance at Nestlé, the changing role of the CFO, his. Contemporary Financial Management - Page xii - Google Books Result books.google.com.lb/books?isbn=1133421547 R. Charles Moyer, James McGuigan, Ramesh Rao - 2011 - Business & Economics Other Financial Risk Measures 514 EBIT-EPS Analysis 515 Cash Insolvency ... 524 International Issues: Balancing Operating and Financial I-i'isks at Nestle 526 ... The European Financial Review » Management New » Nestlé ... www.europeanfinancialreview.com/?p=6281 Feb 20, 2013 - By Bettina Büchel & Christopher Zintel. Nestlé SA, the world's largest manufacturer and marketer of foods, has leveraged the Nestlé...
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... | |Module Title: |Global Marketing Management | |Distributed on: |w/c: Monday 20th February 2012 |Hand in Date: |Please refer to the assignment hand-in schedule | Instructions on Assessment: The aim of this assignment is to provide an opportunity for the critical analysis of a contemporary international marketing issue facing organisations, in order to assess / evaluate the strategic marketing implications of the ‘issue’ for organisations in the development/implementation of their international marketing strategies. Part One The assignment is designed in two equally weighted parts. Select a contemporary international marketing issue for research and analysis. This should be an ‘issue’ that has current relevance and personal interest to form the basis of the study. Notes: The selection should not simply be a broad ‘topic’ or subject area. The ‘issue’ identified must represent a current area of debate regarding international marketing practice, possibly some form of challenge or dilemma which organisations face in developing and implementing their international marketing strategies. As such, the ‘issue’ selected should have been the basis of extensive academic research, so allowing a review of relevant literature to be carried out as part of the...
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...PowerPoint to accompany Chapter 13 Managing change and innovation Learning outline Forces for change Change process Managing organisational change Contemporary issues downsizing, employee stress, successful change structural, human resource, and cultural variables Robbins, Bergman, Stagg, Coulter Management 5e © 2008 Pearson Education Australia Stimulating innovation Change, innovation and sustainability Forces for change Change – an organisational reality managing change is an integral part of every manager’s job government laws and regulations technology economic changes strategy, workforce, employee attitudes Robbins, Bergman, Stagg, Coulter Management 5e © 2008 Pearson Education Australia External forces Internal forces Change process The calm waters metaphor the organisation as a large ship crossing a calm sea change is seen as an occasional disruption in the normal flow of events Kurt Lewin’s three-step description of the change process Successful change can be planned and requires unfreezing the status quo, changing to a new state, then refreezing to make the change permanent Robbins, Bergman, Stagg, Coulter Management 5e © 2008 Pearson Education Australia Change process Robbins, Bergman, Stagg, Coulter Management 5e © 2008 Pearson Education Australia Change process The white-water rapids metaphor the organisation is seen as a small raft navigating a raging river with uninterrupted white-water rapids...
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...Contemporary management functions replicate thoughts from past management theories in aiming to improve and strengthen employer-employee relationships as well as improving productivity and a positive work environment for all workers. The four management functions are performed by managers in assisting to “efficiently and effectively coordinate the work of others.” (Robbins, 2012, p13) The four functions are planning, organising, leading and controlling. Hawthorne, the Myth of the Docile Worker, and Class Bias in Psychology, American Psychologist, 1981, 36(8) p 867-878. By Bramel, D, is an article written about the research conducted between 1924-1933 at the Hawthorne Plant of Western Electricity for the “development of human relations in industry.” (Bramel, 1981, p867) It also looks at identifying the relationship between numerous working conditions and productivity and output. This article emphasises how the use of the General Administrative Theory with the use of Fayol’s 14 principles of management are needed to create or maintain a strong culture within the workforce. When management functions are poorly executed by leading management, then the trust between employers and employees diminishes causing a divide between the employees and employers. This divide can cause a drop in productivity and work culture. The introduction of the general administrative theory helps reduce this divide between employee and employer; this theory is “an approach to management that focuses on...
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...UNIT 1: THE CONTEMPORARY HOSPITALITY INDUSTRY Get assignment help for this unit at assignmenthelpuk@yahoo.com LO1 Understand the current structure of the hospitality industry Hospitality industry: hotels; restaurants; pubs, bars and nightclubs; contract food service providers; hospitality services; membership clubs and events; brands and businesses Scale and scope: size; types of ownership; turnover; percentage of Gross Domestic Product (GDP); purchasing power Diversity: products and services eg food, drink, accommodation, conference and banqueting, leisure facilities; levels of service; customer base Organisational structure: operational areas eg food preparation, food and beverage services, accommodation services, front of house services; functional eg human resources, finance, marketing, research and development, security, maintenance Hospitality-related organisations and professional bodies: as current at time of delivery, to include People 1st, British Hospitality Association, Institute of Hospitality, British Institute of Innkeepers, Springboard UK LO 2 Understand staffing in the hospitality industry Staff types: functional specialists; operational; craft; skilled/semi-skilled/unskilled; supervisory; management; apprentices; management trainees; full time/part-time; casual; agency; foreign workers; volunteers Hospitality industry: hotels; restaurants; pubs, bars and nightclubs; contract food service providers; hospitality services; membership clubs and events Structures:...
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...Knowledge Management. Contemporary Trends and Issues ORGANIZATIONAL LEARNING Povilas Brilius Baifoteka Ltd, Lithuania, povilas@baifoteka.com Abstract: Organizational Learning (OL) is recognized to have established itself as a discipline. However, it remains unclear what it is primarily focused onto – practical problem solving or theoretical descriptive analysis. Due to largely fragmented literature, sometimes interweaving concepts and a variety of attitudes, practitioners find it difficult to easily apply this field, meantime theorists call for more comprehensive understanding of OL. This article focuses on contemporary trends in OL research. It argues and unveils that current OL investigation has made a shift towards holistic and integrative approach in which individual has more powers to make a decision. Article illustrates such contemporary shift of mind by (a) summarizing most important literature in the field (b) providing examples of latest research in OL area. For a smoother analysis, author builds and applies working framework of dichotomies between concepts (dialectical approach). Keywords: organizational learning, contemporary trends, holism. JEL Classification: D800, D830 1. Introduction During the last 50-60 years Organizational Learning (OL) has undoubtedly established itself as a discipline – a number of concepts have been constructed and applied theoretically, numerous schools with distinct models have emerged. However, a question may be posed – to what...
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...A PROJECT REPORT ON CONTEMPORARY ISSUES IN BANKING SECTORS In partial fulfillment for the requirement of the project study course in two year fulltime masters of business administration programme of Gujarat University Submitted To: N.R.Institute of business management Submitted By: Project Guide: Tejas Thakker [08111] PROF. Dr. Sneha Shukla Harshal Parikh [08071] Batch: 2008-2010 [pic] N.R Institute of Business Management Table of content |CHAPTER No. |PARTICULARS |PAGE No. | | |Preface | | | |Acknowledgement | | | |Executive Summary | | | |Research Methodology | 1 | | |Objective | 2 | |1 |Introduction to the banking industry | 3 ...
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...ijcrb.webs.com OCTOBER 2010 VOL 2, N O 6 INTERDISCIPLINARY JOURNAL OF CONTEMPORARY RESEARCH IN BUSINESS Management Control System Hamed Armesh Faculty of Management ,MMU,Malaysia Listed in ULRICH S Dr. Habibollah Salarzehi , Dr.Baqer Kord Faculty of Management, University of Sistan and Baluchestan Abstract A management control systems (MCS) is a system which gathers and uses information to evaluate the performance of different organizational resources like human, physical, financial and also the organization as a whole considering the organizational strategies. Finally, MCS influences the behaviour of organizational resources to implement organizational strategies. Keywords: Management , Control , Systems 1. Introduction To introduce this topic and understanding the importance of management control system we know that In the present globalised world, organisations need to use management control systems that go beyond the strategies that focus on acquisition of technology and logistics which are not sufficient to give the organisation sustained long-term competitive edge over its competitors. Management Control Systems (MCS) as defined by Anthony (cited by LangfieldSmith, 1997) is the process by which managers ensure that resources are obtained and used effectively and efficiently in the accomplishment of the organization s objectives . MCS is a system used in an organization which collects and uses information to evaluate the performance of the organizational resources...
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