...performance. The main goal of the Scotia Airway is to expand its business as international airline. So, it sets some objectives to support this goal. The first objective is that the international flights of the Scotia Airway to use only custom built wide bodied aircraft and would not offer the economy class travel. The second objective of the Scotia Airways has been able to retain the same management teams which were brought to the business in 1996. The third objective is the ambitious programme for expansion over the next 5 years to include long haul destinations. All of these objectives are complied with SMART criteria. SMART means that S – Specific, M- measurable, A – attainable, R – relevant and T- time bound. Scotia Airways retains the same management team form 1996 so that to be retain the working relationships between staff and management team. To retain the management team and to retain the working relationship are relevant to each other. For third objective, it express year particularly, it is measurable because it has term expression. It can be attainable to fly for the long destination. As depicted over, it will probably be international airline. Along these lines, to fly the whole deal destination is significant and to accomplish this target they set 5 years. Thus, it has time bounded. Scotia Airway provides clear and effective policies to support its objectives progress. The policy is “the essential restructuring that will be required to ensure the business remains viable"...
Words: 1216 - Pages: 5
...Project on Information System Strategic Planning the Cost of Efficiency: Is there a preferred approach to information systems planning, submitted to the Graduate Faculty of Strayer University in candidacy for the degree of Master’s of Science in Information Systems. Submitted by: _________________________Date: _______________ Approved by: ___________________________ Date: _______________ ABSTRACT Information systems’ planning is often costly to implement and maintain; however, sound planning practices may reduce expenses associated with the development processes. A Formal methodical approach to systems analysis, requirements engineering, systems design, development, and construction may offer a reduction in development and certain aspects of life cycle support expenses. Corporate expenses may reach approximately 5% of their gross income on information systems development and support. This equates to approximately $15,000,000 to $35,000,000 annually (Whitemarsh Information Systems Corp. 2008, p.). Information systems may cost significantly less. In comparison, information systems, contingent upon other factors such as size of the company, and complexity of the information system cost may range anywhere from $2,000,000 to $10,000,000 per system. Corporate leadership clearly has a strong influence upon information system expenditures and may have unrealistic expectations associated with anticipated return on investments in information systems. This research paper...
Words: 6140 - Pages: 25
...“Critically review the situation at RestaurantCo and provide recommendations to the board on the strengths and weaknesses of its approach to managing human resources.” * Your answer should include reference to at least the following issues: * A discussion of the links between corporate strategy, HR policy and management practices at the workplace level; (What are those things they do on a daily basis) * The underlying theories informing EIP (employee influence and participation); * The utility of Management goals, capabilities and development processes. Background: ??? Terminology Before we begin the essay, there are some terms which will be clarified to aid in understanding. Management Goals are one of many objectives set by RestaurantCo in order to achieve a smooth running business. Corporate strategy is the "setting of a company’s long-term goals, the major policies and plans, and the adoption of courses of action for achieving these goals." (Staehle, 1990, p.34)Human Resource Policy are the ground rules that RestaurantCo establishes to "hire, train, assess, and reward the members of their workforce". Management Practices are action plans to acquire the Management Goals. "During the development stage, the policies have to be properly communicated to those that need to know. For example line managers who are responsible for recruitment, retaining & promotion." (Melander, 1989, p.38) Capabilities and Development Process is a plan to groom the employees...
Words: 3405 - Pages: 14
...three weeks before the deadline. However, MGI’s team processes can still be improved through Henry’s integration efforts. The real crux of MGI’s poor ‘Team Process’ or, the “the interactions that group members undertake in a team environment that convert members skills, expertise, and other inputs into a group project or other form of output” (Polzer, HBS Case #9-403-094), was based on the following: a lack of common goals, lack of team roles, and lack of information exchange. Fundamental components such as the 'Available Resources', 'Incentives or Rewards', 'Roles and Responsibilities' were never reviewed during the Launch Meeting (Polzer, HBS Case #9-403-094). The MGI team’s failure to agree on common team goals and to define formal roles for its members upfront are the root causes for its poor team processes. Henry and Dana saw the business plan competition as an opportunity to gain business development experience with a start up and contribute to MGI’s vision; however, Sasha envisioned them as “interns”. When Sasha handed them an envelope of alumni names to cold-call, the initial conflict between Sasha and Dana began (Polzer, HBS Case #9-403-094). Such misalignment had certainly led to some discomfort. The divided team also failed to agree on which market segment (Education vs. Entertainment) to choose as MGI's primary target. This indecisiveness also explains the MGI team norm of constant brainstorming without action. As commented by Dana, "the...
Words: 1892 - Pages: 8
...Change Management and Communication Plan Team Names MGT/311 Date Instructor Formal and Informal Power Structures Riordan Manufacturing’s current formal structure consists of reward power and legitimate power. Establishing hierarchy and job categories through specific job codes, descriptions, and differing pay rates has found structure within the organization. Riordan’s Chief Executive Officer and Chief Operating Officer exert legitimate power to maintain employee direction. Preserving guidance and leadership with authority to oversee employee performance is crucial while implementing legitimate power. Advocating for formal power through reward power allows management to motivate and create passion for employees. Creating motivation through formal power Riordan uses motivation by legitimate power and reward power, and uses informal power. Informal power does not come from positions within the company but still has influence on employees. For example, when the expert engineers talk other employees listen because they have proven skills and knowledge. Most Appropriate and Effective Organizational Structures Riordan Manufacturing does not have a formal customer information system. The customer information is left up to employees. This practice needs to change so employees can access any customer’s information. The company will open a new department dedicated to the customers. It will develop and maintain a customer database. Employees will compile the information they...
Words: 1386 - Pages: 6
...identified strategies most frequently used by their managers. These strategies were identified using the Entrepreneurial Strategy Matrix, a situational model in which the identification of levels of innovation and risk lead to prescriptions of appropriate strategies. Concurrently, this model was empirically tested and its validity supported. Of the strategies used, the five most common were: “work to create a competitive advantage,” “maintain innovation,” “lower the costs of developing and/or maintaining one’s venture,” “defend product/service as it is now,” and “create a first mover advantage.” In addition, there were no differences between the use of strategies by entrepreneurs in service and manufacturing industries. CHAPTER 1 – THE PROBLEM AND ITS BACKGROUND INTRODUCTION There is a comprehensive body of literature on strategic planning (Porter 1996), the effects of strategic planning on performance (Veliyath and Shortell 1993), and the effects of strategic planning on small business performance (Covin and Slevin 1991; Watts and Ormbsy 1990). Much of the research on the effects of strategic planning on small business performance focuses on comparing differences between those that conduct formal planning and those that do not (Robinson and Pearce 1983). However, this study found no empirical investigations that focus on non-formal small business entrepreneurial planners, nor any that identify the wide variety of strategies used by them. The most common strategy construct...
Words: 8041 - Pages: 33
...1 National Employment Policy and Strategy of Ethiopia November 2009 Addis Ababa ii Acronyms AIDS ART CETU CSA EEF EPRDF ERP FDI GDP HERQA HICES HIV ICT IHDP IMF M&E MDG MFI MOFED MSE NEC NEPS NES NGO PASDEP PSNP TVET UEAP Acquired Immunity Deficiency Syndrome Anti-retroviral Therapy Confederation of Ethiopian Trade Unions Central Statistical Agency Ethiopian Employers’ Federation Ethiopian People’s Revolutionary Democratic Front Economic Reform Program Foreign Direct Investment Gross Domestic Product Higher Education Relevance and Quality Agency Household Income and Consumption Expenditure Survey Human Immunodeficiency Virus Information and Communication Technology Integrated Housing Development Program International Monetary Fund Monitoring and Evaluation Millennium Development Goals Micro-finance Institutions Ministry of Finance and Economic Development Micro and Small Enterprises National Employment Council National Employment Policy and Strategy National Employment Secretariat Non-governmental Organization Plan for Accelerated and Sustainable Development to End Poverty Productive Safety Net Program Technical and Vocational Education and Training Universal Electricity Access Program iii Table of Contents Foreword ............................................................................................................................ iv PART ONE Background ......................................................................................................
Words: 20689 - Pages: 83
...improving communication and cooperation among the different component of the business. For this reason, they need to develop appropriate communication strategies within the organisation. Report is prepared covering various related topics to produce communication strategies to contribute to the GE Co. business growth. This report on the GE Co. and CS Corporation is subdivided by the four Tasks (Task 1 to Task 4). Task 1 This task cover the assessment of information and knowledge needs internally and externally to improve decision making and taking process within the General Electric and Cypress Semiconductor Corporation. 1.1 Range of decisions to be taken Decision is a choice made between one or more alternatives (Robbins et al., 2004). According to George and Jones, decision making may be defined as "the process by which members of an organisation usually choose a specific course of action to respond to both problems and opportunities" [2]. Various types of decision such as structured, semi-structured and unstructured are in details below. [2] Structured decisions Structured decisions are repetitive and routine problems for which standard solution exist. Structured problems are routinely encounter by manager and are to some extent straight forward. Example - finding an appropriate investment level, finding an optimal investment strategy. [2] Semi structured decisions Semi structured decisions requires a combination of standard procedure and individual judgement. This types...
Words: 3864 - Pages: 16
...Mentoring Made Easy A practical guide NSW Government Publication ISBN 0 7310 9771 8 Written by Carlie Spencer Updated by Kathy Tribe Designed by Jana Sokolovskaja © Employment Equity and Diversity, Public Employment Office, NSW Premier's Department 2004 First published 1996 Second edition 1999 Third edition 2004 To order more copies, please contact: Employment Equity and Diversity, Public Employment Office, NSW Premier's Department 2004 Level 17, Bligh House, 4-6 Bligh Street Sydney NSW 2000 Phone 02 9228 4444 Fax 02 8243 9484 TTY 02 9228 3544 Email eeo@eeo.nsw.gov.au Home page www.eeo.nsw.gov.au CONTENTS Introduction .............................................................................................................................. 4 What is Mentoring? .................................................................................................................. 5 Why a Mentoring Program? ..................................................................................................... 6 The Benefits of Mentoring Programs ....................................................................................... 7 Steps to a Successful Mentoring Program............................................................................... 9 Choosing a Mentor................................................................................................................. 15 Roles and Attributes of the Mentee and Mentor.......................................
Words: 6709 - Pages: 27
...MGT600-1205A-03: Business Research for Decision Making Unit 1 IP Dr. Anthony Matias MGT600-1205A-03 Christine Blewett Abstract This paper will show the differences and similarities between formal research and a business proposal. After looking at different findings, the differences between both concepts exceed the similarities. It will then look at different studies done by many researchers to support the Hypothesis that Organizational Learning is indeed a predictor of effective strategic management. This paper will present how organizational learning can help managers with their strategic thinking to better execute goals and tasks. In the world today, we are surrounded by millions of businesses. We rely on these businesses for many of our essential needs. They provide us with food, clothes, entertainment and so much more. So, when problems occur in a business, it does not only affect the company itself but us as well. It is crucial that businesses run smoothly, and those who are in command know of solutions when certain problems arise to avoid negative outcomes. Those in charge are often called Business Manager’s. Business manager's come across problems on a day to day basis, whether big or small, managers must resolve these problems by making the right decision(Uma Sekaran, 2010, p. 2). Depending on the dilemma, decisions and solutions can be quite difficult to come up with so a process to make this task easier can be extremely helpful to the manager. Also...
Words: 1624 - Pages: 7
...The particular design challenge I would like to focus on is (corporate) organization design per a specific and new strategy (e.g. launch of a new subsidiary, new product line/Business unit, M&A), with a particular attention on people side of the change management (individual change management). A systematic approach to organizational change management is beneficial when change requires people throughout an organization to learn new behaviors and skills. By formally setting vision/expectations, employing concrete tools to improve communication and proactively seeking ways to reduce misinformation, stakeholders are more likely to buy into a change initially and remain committed to the change throughout any discomfort associated with it. Yet, it is to bear in mind that a specific framework might be needed for each kind of system to compute or predict its behavior. The more complex the system the more we depend on empiric findings to establish a specific framework/model. Any prediction can only be an approximation. No framework for organizational change can be universally applicable to more than a limited set of change processes. Besides, the majority of the models are presented as a linear model (step by step), which assumes predictability and manageability of change processes. This does not relate to the complexity theory (organization/structure is complex & adaptive and can be self-organizing) used for strategic management & organizational studies. Furthermore...
Words: 798 - Pages: 4
...Case study research offers the potential for a deeper examination of the processes involved in the relationship between MCS and strategy formulation and implementation. The aim of case research is not necessarily to identify the best fit between MCS, strategy and other variables, but to study the interactions between MCS and strategy. This may be contrasted with the empirical research reviewed in the preceding section that was cross-sectional in design and therefore presented a static view of MCS and strategy; the dynamic nature of the relationships cannot be inferred. Also, case studies can allow a wide range of controls to be studied, including those that are difficult to measure with surveys. In this section, the cases reviewed address a series of Interrelated issues: managers’ perceptions as mediating the link between MCS and strategy, the role of MCS in effecting or impeding strategic change, and choice of interactive and diagnostic controls to manage strategy. Managers’ perceptions as mediating MCS and strategy. Archer and Otley (1991) presented a rich description of the control system used in an agricultural manufacturing company. The managers of Rumenco saw their company as having limited opportunities to determine and pursue strategic goals, due to the declining industry and capital resource limitations. Managers characterized their competitive advantage as cost leadership (production) and 222 K. LANGFIELD-SMITH product differentiation...
Words: 838 - Pages: 4
...Assessment #4 Employee Performance Management and Development Strayer University HRM530 Section May 29, 2011 I. The following are factors causing the employee’s dissatisfaction: a. The employee is exhausted and frustrated, because the work seems to be at once too much and too little. b. The employee feels overworked and does not feel any excitement about her work. c. The employee does not feel she is being challenged to learn skills that will help her reach her ultimate goal of owning her own business. II. In regards to the above factors that caused the employee’s dissatisfaction, the following are those that could be addressed with improvements in the way the organization handles development: a. The organization could reassign responsibilities that the employee does not like or that are routine to assist employees who are exhausted and frustrated, because the work seems to be at once too much and too little (p. 394). b. The organization could provide opportunities for employees to cross-train in other roles and responsibilities to increase the feeling of excitement about work (p. 394). c. The organization could expand the job to include new, higher level responsibilities to learn skills that will help the employee reach her goal of owning her own business (p. 394). III. Regarding his employee, Malik should do the following tomorrow: a. The first thing Malik should do is schedule time to meet with his boss. Malik is a new manager and new to his workplace. He...
Words: 887 - Pages: 4
...communication has attributed to excellent strategies created for sharing needed information and ideas in Healthcare Organizations. Two types of organizational structures used in managerial communications. Tools used to support creative problem solving. How internal and external factors impact an organizational structure. What techniques are ineffective? How might these techniques be applied or modified in a healthcare work environment? How can technology impact this process? I will discuss in the following paragraph, my answers to the topics I have researched in my readings The two types of organizational structures used in managerial communication are formal and informal. Formal organization structures are mostly used in larger health care organization. Informal organizational structures mostly used in smaller health care organizations. Formal organizational structures are defined by a division of work, who report to whom, lines of communications with formal channels, and designated levels of management. Informal organizational structures are unofficial. The function of these structures is to influence relationships among organizational members, regardless of their formal titles. This includes members having meeting for coffee, cliques, and other possibilities. With this structure the lines of management are cut across laterally and horizontally rather that up and down. One tool discussed in my readings to support creative problem solving was the utilization...
Words: 865 - Pages: 4
...Role of an employee in a Self-development is directed related to the will of the Department or agencies to have professionals, highly educated and trained professional working for them. A fewer agencies, departments or business will leave the employee by himself, without the necessary support to grown professionaly Some Agencies will leave the process of professional evolution under the motivation and thirst to manage the obstacles of time, and financial support on the hands of the Employee. It will be up to the employee to arrange and plan his professional development, by the way this system of management is an invitation for failure and professional stagnation, due to external factor that will prevent professional to looking for improvements, and being satisfied with the job that he or she has. Modern Departments or agencies will be the employees’ partner; they will invest and plan the individuals development, just leaving the rest for the employee own will to succeed. Nowadays promotions and raises are based on the most developed and competent candidates. Naturally it is expected that the employee will initiate the process of self-improvement. Because professional stagnation will lead the individual to less important positions, fewer promotions and most important less money or a poor resume. Below it is described three organizations and their view about the topic on employee self-development. Researching at the Department of interior website, it is expected...
Words: 1584 - Pages: 7
