...Business Process: interrelated, sequential set of activities and tasks that turn inputs into outputs. Metric: quantifiable measures to track, monitor and access the success or failure of various processes. Process Modeling: analyze the processes that capture, manipulate, store and distribute data between a system and its environment and among system components. As-Is and To-Be: want the processes to stay the same or you want them to be completely different or in a different way. Business Strategy: customer, product, WP (how we do it and where we want it to go). Information System Strategy: integration of systems. 7 wastes: overproduction, unnecessary transportation, excess motion, waiting, inappropriate processing, unnecessary inventory, and defects. Analyzing WP: Coordination, Decision making, Communication, Information Processing, Physical Activities. Phases of decision making: Defining the decision problem, gathering information, analyzing the situation, defining alternatives, selecting the alternative, implementing the decision. TQM vs BPR: incremental change vs radical process overhaul. ERP: designed for supporting activities with multi-module application software in a top down approach. ERP driving change: Appropriate-enterprise just starting out, business processes are not source of competitive advantage, enterprise is in crisis (no other choice). Inappropriate- business processes source of competitive advantage, SW features do not fit enterprise need, lack of upper management...
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...countries. This paper will analyze the current structure of ING then provide different options in changing the current culture of ING. Analyzing ING’s Current Structure ING’s current organizational structure for the Asian market is unsystematic. A Chain of command was in place, but did not meet the needs of the organization. For example, “the IT manager in Thailand reported to the Thailand country manager, not to the regional IT manager” (Schotter, A., 2006). During off-site meetings Jacques Kemp, the chief executive officer (CEO) of ING, received consistent feedback about the operations in Asia/Pacific. The consensus was each country did not communicate effectively together and there was no clear operational structure. There were also no clear mission statements. Because of this there was a significant lack of understanding between business components. Changing the Current Structure As CEO of ING, the first change I would make is changing the current organizational structure by establishing a new organizational chart. I would recommend the geographical departmentalization model which groups jobs according to geographic region (Robbins & Coulter, 2012, p.267). The pluses to this model include: more effective and efficient handling of specific regional issues that arise and serves the needs of unique geographic markets better, with the negatives being duplication of functions and can feel isolated from other organizational areas (p. 267). In order to offset the negatives...
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...Module 1 - Identifying Global Business Opportunities Module 2 - Analyzing International Competitors Module 3 - Assessing the Economic/Geographic Environment Module 4 - Assessing the Social- Cultural Environment Module 5 - Assessing the Political Legal Environment Module 6 - Selecting a Global Company Structure Module 7 - Financing Sources for Global Business Operations Module 8 - Creating a Global MIS (Management Information System) Module 9 - Identifying Human Resources for Global Business Activities Module 10 - Managing International Financial and Business Risks Module 11 - Product Target Market Planning for Foreign Markets Module 12 - Designing a Global Distribution Strategy Module 13 - Planning a Global Promotion Strategy Module 14 - Selecting an International Pricing Strategy Module 5 - Determining Organizational Financial Results Module 16 - Measuring International Business Success ...
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...Assignment Cover Sheet Student: Class: Assignment: Semester: Due Date: Mina Yadollahi Business Strategy Y/505/8182 Strategic Planning 1504 16th October, 2015 Evidence Produced (List separate items, e.g. 1 report, 2 CDs) 1. 1 Report 2. 3. 4. Lecturer : Program: Actual Submission Date: Marie Silondi HND Business 16th October, 2015 Location (Choose one) 1. Uploaded to the Learning Center (Moodle) 2. Submitted to reception Optional: I have also handed a hard copy to the lecturer according to his/her request Email submissions to the lecturer are not valid, and all extensions are submitted directly to administration. Student Declaration I declare that the work contained in this assignment was researched and prepared by me, except where acknowledgement of sources is made. I understand that the college can and will test any work submitted by me for plagiarism. Note: The attachment of this statement on any electronically submitted assignments will be deemed to have the same authority as a signed statement Signature: M. Yadollahi Date: 16th October, 2015 A separate feedback sheet will be returned to you after your work has been graded. Refer to your Student Manual for the Appeals Procedure if you have concerns about the grading decision. Student Comments (optional) Was the task clear? If not, how could it be improved? Was there sufficient time to complete the task? If not, how much time should be allowed? Did you need...
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...Organizational Communication Darryl Clayton Leading the Organization I 11/28/2010 To: Dr. James Rairdon National American University APA style Certificate of Authorship I hereby certify that I am the author of this document and any assistance I received in preparing this report is fully acknowledged. I have also cited (in APA format) for all sources that I obtained ideas, data, and works. Sources are properly credited according to the APA writing guidelines. Signed: Darryl CLayton Abstract Organization sets itself specific objectives in order to meet the better business success, and to gain comparative advantage over the competition. For these objectives to be achieved, of crucial importance is organizational communication, which implies communication among employees, as well as communication between different hierarchic levels in the same organization. Communication as an element of organizational behavior is seen through the group level as the independent variable. Throughout this paper it shall explain the importance of communication for organization, the communicational process and channels for information flow through the network of small formal groups and the network of informal groups. An efficient organizational structure can help any business operate and grow in a manner that can be better managed. Efficient structure produces communication that is consistent within the company, a uniform marketing message and a culture that helps...
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...Introduction- The 7S model is a strategic model that can be used for any of the following purposes: * Organizational alignment or performance improvement * Understanding the core and most influential factors in an organization’s strategy * Determining how best to realign an organization to a new strategy or other organization design * Examining the current workings and relations an organization exhibits The model, made famous by the McKinsey consulting company, is good for a thorough discussion around an organizations activities, infrastructure, and interactions. -The model and its usage- Here is the 7S model that portrays seven elements of an organization. I define the elements as follows: Strategy – This is the organization’s alignment of resources and capabilities to “win” in its market. Structure – This describes how the organization is organized. This includes roles, responsibilities and accountability relationships. Systems – This is the business and technical infrastructure that employees use on a day to day basis to accomplish their aims and goals. Shared Values – This is a set of traits, behaviors, and characteristics that the organization believes in. This would include the organization’s mission and vision. Style – This is the behavioral elements the organizational leadership uses and culture of interaction. Staff – This is the employee base, staffing plans and talent management. Skills – This is the ability to do the organization’s...
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...1. Introduction Electronic commerce has become an attractive market to the world, and the emerging business opportunities are now becoming a major factor in world economics. Although, investment through e-commerce channels returns high profits, but like many IT systems, it could lead business organizations to a risky situation or failing to deliver expected returns. The main cause of this is the inconsistency between the system design and the desired requirements or for the misunderstanding between IT professionals and business experts. Therefore, to design e-commerce system, a communication pattern is needed either between system developers and business owner, or between customers and the online business system. Moreover, e-commerce system should be adapted with the whole business environment such as business norms and behavior, customer practice, business rules and government policy. However, Semiotic that is ‘the science of signs’ has brought many approaches to facilitate the process of understand signs’ meaning. The approach of organizational semiotic defied the organization as a group of social norms and emphasizes on the people and their role and responsibility in order to merge them when analyzing and designing information system (Stamper et al, 2004). For e-commerce systems, there is a necessity of clear meaning for each symbol, icon and image because almost all transactions done through the web system without human agent involvement. Therefore, semiotic...
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...goals to run a successful business that will generate profit. When doing so, the company will implement four functions that will help in managing a smooth business which are planning, leading, controlling, and organizing. Management is the process of working with people and resources to accomplish organizational goals where managers do this both effectively and efficiently. Although the context of business and the specifics of doing business are changing, there are still plenty of timeless principles that make great managers, and great companies, great. In the business world today and with constant changing, the great executives not only adapt to changing conditions but also apply—fanatically, rigorously, consistently, and with discipline—the fundamental management principles. These fundamentals include the four traditional functions of management as mentioned earlier which remain as relevant as ever, and they still provide the fundamentals that are needed in start-ups as much as in established corporations but their form has evolved. First function of management is planning which is the management function of systematically making decisions about the goals and activities that an individual, a group, a work unit, or the overall organization will pursue. Planning activities include analyzing current situations, anticipating the future, determining objectives, deciding in what types of activities the company will engage, choosing corporate and business strategies, and determining...
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...Organizational behavior is an academic discipline concerned with describing, understanding, predicting, and controlling human behavior in an organizational environment. Organizational behavior has evolved from early classical management theories into a complex school of thought—and it continues to change in response to the dynamic environment and proliferating corporate cultures in which today's businesses operate. "The task of getting organizations to function effectively is a difficult one," wrote David A. Nadler and Michael L. Tushman in Hackman, Lawler, and Porter's Perspectives on Behaviors in Organizations. "Understanding one individual's behavior is a challenging problem in and of itself. A group, made up of different individuals and multiple relationships among those individuals, is even more complex…. In the fact of this overwhelming complexity, organizational behavior must be managed. Ultimately the work of organizations gets done through the behavior of people, individually or collectively, on their own or in collaboration with technology. Thus, central to the management task is the management of organizational behavior. To do this, there must be the capacity to understand the patterns of behavior at individual, group, and organization levels, to predict what behavior responses will be elicited by different managerial actions, and finally to use understanding and prediction to achieve control." The Behavioral Sciences Organizational behavior scientists study four...
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...future structures. It has come to my attention that there are some major flaws lying inside our organizational architecture. These flaws lay in the foundation of Kodak`s organization structure and so we cannot move forward until these basic errors are corrected. We are seeking companywide success and must act as a company to achieve this. Throughout its history we`ve experienced dramatic economic upturns and downturns. We are currently trying to pull ourselves out of bankruptcy and I believe the way to do so is through changes in our organizational architecture. These changes alone will not lead to success, as we still face problems in the digital technology area however they will certainly contribute positively. This means making changes in performance-evaluation methods, reward systems and responsibility assignments. Our previous attempts; decentralization in 1984 and the MAPP plan in 1987 have been widely unsuccessful. This means we must look closely at what went wrong within these plans, and restructure accordingly. Now, I’d like to specify what the flaws were in our initial organization restructure plans. 1987 saw Kodak change the assignments of decision rights within our company. Clearly between 1983 and 1987, Kodak leadership realized the need for more change, and we restructured the management’s evaluation and reward systems with the MAPP program. I believe we at Kodak have taken two out of three steps towards a complete and successful organizational restructuring...
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...The Walt Disney Company’s Organizational Structure MGT/230 Management Theory and Practice Organizational structure The Walt Disney Company’s organizational structure looks most like a horizontal structure. Horizontal structure is based on departmentalization or subdividing the organization into subunits (Bateman & Snell, 2011). The Disney Company has five business segments: interactive media, studio entertainment, consumer products, parks and resorts, and media networks. These departments are grouped by product which is a great example of the divisional approach. Each product is closely related to the other as they all are about entertainment in one form or another, but they do still have their own descriptions. The interactive media segment uses digital media to create high-quality interactive entertainment since it was founded in 2008. The studio entertainment segment is a segment on which the company was built. Stage plays, music, and movies are brought to people everywhere through this segment. The consumer products segment brings engaging and innovative product experiences from clothing and toys to fine art and books to the public. Millions of guests each and every year take the opportunity to spend their vacations and making memories at one of the world’s leading providers of leisure and family travel experiences, at a Walt Disney park or resort. The media networks segment is made up of various cable, broadcast, publishing, and radio businesses over...
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...are organized to achieve their purposes In every business there is a set target or desired outcome that the business/organization wishes to achieve, and in order to achieve these aims or objectives there is placement of various strategic plans which contain details regarding the kind of action which needs to take place in order to meet those aims and objectives. Within this essay I will be analyzing two contrasting business and their organizational structures, strategic plans, aims and objectives and the specific actions both organizations intend to take in order to ensure these targets or aims are met. The two organizations which will evaluated are Tesco plc which is a profitable national organization and Mid Kent college which is a national not for profit organization. In order for employees working within Tesco's to be aware of what authority to answer to or what position they are in, there is a organization structure placed. An organizational structure is a visual presentation that shows how each of the workers within a business are organized and relate to each other as well as, who has authority over each division of work and the role that each worker has. There are various types of organizational structures such as: * Hierarchal Structure: A hierarchal structure has a layer format where people in the higher layers have more authority than those in the lower layers. * Horizontal/flat structure: A flat structure has fewer layers and more people are allocated to...
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...Organizational Structure Latoya Dale MGT/230 October 28, 2014 Chenise Hamilton Organizational Structure Organizations are set up in specific ways to accomplish different goals, and the structure of an organization can help or hinder its progress toward accomplishing these goals. Organizations large and small can achieve higher sales and other profit by properly matching their needs with the structure they use to operate. The three main types of organizational structures are functional, divisional, and matrix structure. Organizations have to pick the structure that will work well with their company. These things do not come all at once overnight, companies have to try and see what works for them. Structure Caesars’ Entertainment has developed the functional structure. “Functional structure is set up so that each portion of the organization is grouped according to its purpose. In this type of organization, for example, there may be a marketing department, a sales department and a production department.” (Writing, 2014) While every department within the organization is responsible for themselves, they must all work together to make sure the business is successful. The CEO of Caesars’ Entertainment has appointed regional presidents because they are familiar with a specific area. The regional presidents are responsible for targeting the correct market. “Organizational structure provides guidance to all employees by laying out the official reporting...
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...a PEST analysis will be carried out for all countries of attention. Some of the factors that might be considered in a PEST analysis include: - • Political Factors. The factors, which assist the organization to develop a strategic corporate strategy, include, Political constancy in the country, threat of military incursion, legal structure for agreement implementation, detailed business rules & tariffs and preferential trade associates. Anti reliance regulations, Pricing system taxation, wage structures, working hour’s instructions, obligatory employee benefits and Industrial safety regulations are also considered when analysis of the organization is made. • Economic Factors The analysis of the economic features of the country where the operations are being made is very essential. The economics factors required to be analyzed include, form of economic system in countries of operation, government interference in the market, proportional advantages of host country, exchange rates & stability of currency. The competence of financial markets, infrastructure quality, proficiency level of employees and labor costs are also to be considered while analyzing the economics. The economic growth rate, optional income, unemployment rate, price rises rate and interest rates play vital role in strategic analysis of a corporate plan. • Social and Technical Analysis While analysis of a...
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...Entrepreneurial Ventures Lecture 10: Pre-start Analysis, Part 3: Assessing Business Model 胡秋江教授 1 What We Shall Discuss This lecture is Part 3 of our discussions on pre-start analysis. In this final part, we shall discuss the following: What business models are and what they are not The elements of a business model Assessing new venture business models: What makes a good business model Examples of effective and flawed business models 2 Business Opportunity & Business Model On recognizing a promising opportunity, an entrepreneur will formulate hypotheses relating to the following: The likely customers that the venture should target How the opportunity can be exploited to develop and deliver products/services that target customer need or want at an appropriate cost, allowing the venture to make a good profit The resources required to pursue the identified opportunity In formulating these hypotheses, the entrepreneur is essentially formulating the underlying premises for a business model. 3 What Is a Business Model, Really? ‘Business model’ is a widely used but remains a fuzzy concept with no universally accepted definition. Nevertheless, a good business model is essential to every successful enterprise, new or established. It is… A valuable analytical and communications tool Tool for realizing value from technological innovation Our working definition of business model: A representation of (1) what value a new venture proposes to offer...
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