...Unit 2 Assignment- Contemporary Approaches Robert Sims July 10, 2013 MT140 Prof. Jessica Hoover The contemporary approaches to management, sociotechnical system theory, quantitative management, organizational behavior, and systems theory, have developed at various times since World War II, and they continue to represent the cornerstones of modern management thought. Sociotechnical system theory is a theory of management that believes technology merely constrains human action, rather than rigidly determining behavioral outcomes. Conscious choice can build good human relations into the technical workflow. On the total opposite end of the spectrum there is the quantitative management method that relies solely on technology. A quantitative management approach involves the use of mathematical modeling to find the best solutions to problems. This can be applied to a variety of workplace challenges, ranging from making decisions during product development to resolving employee conflicts. Organizational behavior is similar to the sociotechnical system theory, when the focus is more on human action than technology. Organizational Behavior is the study and application of knowledge about how people, individuals, and groups act in organizations. It does this by taking a system approach. That is, it interprets people-organization relationships in terms of the whole person, whole group, whole organization, and whole social system. Its purpose is to build better relationships by...
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...Cassondra Fiegehen Student ID: 3075725 Company: HFS Fund Administration Company – Organizational Structure All organizations need structure to exist. In order to achieve the desired goals and outcomes of the company, it is important to have a clear understanding of how responsibility is shared. Let’s take a look at the organizational structure of HFS Fund Administration Company. The organizational structure of HFS Fund Administration Company would definitely have to be a matrix structure. As a fund administration service, HFS serves a large, diverse group of stakeholders around the world. Although they use a typical functional structure for the most part, they also use a geographical structure as well. With four offices worldwide, this structure allows them to provide the best service to those in their region. But how is the structure at HFS is broken down? HFS Administration Company’s two major hubs are the Head Office in the Cayman Islands and its second biggest office in Canada. HFS also has smaller operations in Geneva and Dublin. There is one director for each of the four locations that staff is to report to. In Cayman and Canada, there are four major departments that the office is broken down into; Accounting, Investor Services, IT, and Operations. The smaller offices in Dublin and Geneva only have Accounting and Investor Services. The reason for this is quite simple; the Canadian and Cayman Island offices are the biggest and have the staff, expertise...
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...DESIGNING ORGANIZATIONAL STRUCTURE— BASIC DESIGNS 10 Copyright © 2014 Pearson Education, Ltd Copyright © 2016 Pearson Education, Ltd. 10-1 10 - 1 LEARNING OBJECTIVES 1. Describe six key elements in organizational design. Know how to delegate work to others and develop your skill at delegating. 2. Contrast mechanistic and organic structures. 3. Discuss the contingency factors that favor either the mechanistic model or the organic model of organizational design. 4. Describe traditional organizational designs. Copyright © 2014 Pearson Education, Ltd Copyright © 2016 Pearson Education, Ltd. 10-2 10 - 2 DESIGNING ORGANIZATIONAL STRUCTURE Organizing – arranging and structuring work to accomplish an organization’s goals. Organizational Structure – the formal arrangement of jobs within an organization. Copyright © 2014 Pearson Education, Ltd Copyright © 2016 Pearson Education, Ltd. 10-3 10 - 3 DESIGNING ORGANIZATIONAL STRUCTURE Organizational chart – the visual representation of an organization’s structure. Organizational Design – a process involving decisions about six key elements: • • • • • • Work specialization Departmentalization Chain of command Span of control Centralization and decentralization Formalization Copyright © 2014 Pearson Education, Ltd Copyright © 2016 Pearson Education, Ltd. 10-4 10 - 4 EXHIBIT 10-1 PURPOSES OF ORGANIZING Copyright © 2014 Pearson Education, Ltd ...
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...INTRODUCTION INTRODUCTION OF MOTIVATION Motive is an impulse that causes a person to act. Motivation is an internal and external factors that stimulate the desire and energy to the people in conjunction to be continually interested and committed to the jobs, roles or subject or in other words to obtain the goal. The definition has three key elements that are energy, direction and persistence. The energy element is used to measure of intensity, drive and also vigour. A motivated person always put their effort and work hard as to obtain what they want. High level of the efforts does not necessarily lead to the job performance unless the effort is going thoroughly in a direction that gives benefits to the organization. Perhaps, the effects that we put directly toward and being consistent with the organizational aim is one of the effort kinds that we want from employees. Finally, motivation includes a persistence dimension is a part of what employees can contribute to persist in putting the effort to achieve the goals. The theories motivation can be divided into two groups which are “Early Theories of Motivation” and “Contemporary Theories of Motivation”. The “Early Theories of Motivation” were important as they represent the foundation from which contemporary motivation theories were developed and there still many of managers practising the skills. The “Contemporary Theories of Motivation” represent the current explanation of the employees. AN ENTREPENEUR 1. INDIVIDUAL...
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...PM3110 Tuesday PM Project Deliverable 6 Initiation In this phase, I came up with the idea of returning to school to earn my Bachelor’s Degree. My input will be hard work and studies, and the desired result is obtaining my Bachelor’s Degree. Planning I had to first decide where to go back to school. I decided on ITT tech since that is where I earned my Associate’s Degree. I also had to work out my work schedule to make sure that any conflicts could be kept to a minimum. I had to plan and budget to make sure that I could afford the increased cost associated with returning to school. Money isn’t the only sacrifice I would have to make if I returned to school. I would also have to give up a lot of my free time because I would have to go to classes 3 nights a week. Homework assignments will also consume a lot of my free time. Execution Once I decided on a course of action, I visited the campus and applied to the Bachelor’s program and filled out the required paperwork to enroll. Next, I had to go to the financial aid office and apply for aid. Once those hurdles were cleared, I waited for the quarter to start, and pick up my books and attend my first classes. The process of picking up books and attending classes and doing the required coursework will be repeated each quarter until I graduate. Termination This project will terminate when I have completed all required classes and graduate and get my Bachelor’s...
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...1. Describe and explain the five basic steps of mining group gold for its team meeting management process. a. Determine the purpose of the session or meeting. The establishment of the group session is a reasonable understanding of its motivation and wanted results. The reason for the session is the explanation behind uniting the gathering inside the four dividers of the meeting room. 1 b. Determine the desired outcomes of the session or meeting. Fancied conclusions, objectives, goals or yields are particular proclamations recognizing what is to be finished amid the time used in the session. As it were, when individuals leave the session they will comprehend what was finished and what was most certainly not. 1 c. Assign the roles of facilitator, scribe, and timekeeper. In this respect, the scribe and the timekeeper additionally go about as backing for the facilitator too. The timekeeper does this by precisely observing the time taken for every motivation thing and cautioning the facilitator when the gathering is utilizing pretty much that the apportioned tie. The scribe helps the gathering not just by making exact notes of the numerous plans and choices arrived at amid the gathering session, additionally by posting whatever activity things may have been distinguished. 1, 3 A facilitator is an individual who helps a gathering free itself from inner hindrances or challenges with the goal that it might all the more proficiently and successfully seek after the...
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...The Super Cola Company must decide whether or not to introduce a new diet soft drink. Management feels that if it does introduce the diet soda it will yield a profit of $ 1 million if sales are around 100 million a profit of $ 200,000 if sales are around 50 million, or it will lose $ 2 million if sales are only around 1 million bottles. If Super Cola does not market the new diet soda, it will suffer a loss of $ 400,000. a. Construct a payoff table for this problem. Decisions @ 100 M sales @ 50 M sales @ 1 M sales GO 1 M 200,000 - 2 M NO GO -400,000 -400,000 -400,000 b. Construct a regret table for this problem. Decisions @ 100 M @ 50 M @ 1 M Worse Return Go 1,000,000 200,000 -2,000,000 -2,000,000 No GO -400,000 -400,000 -400,000 -400,000 Best Return 1,000,000 200,000 -400,000 Regret Table @ 100 M @ 50 M @ 1 M Worse Regret Go 0 0 -1,600,000 -1,600,000 No GO -1,400,000 -600,000 0 -1,400,000 Therefore, using a mini-max choice based on regret, the best choice would be “No Go”, ensuring a regret of no worse than $ -1, 4000,000. c. Should Super Cola introduce the soda if the company: 1. Conservative approach (pessimistic). Decisions @ 100 M @ 50 M @ 1 M Minimum Payoff Go 1,000,000 200,000 -2,000,000 -2,000,000 No GO -400,000 -400,000 -400,000 -400,000 The decision should be “No Go” at a maxi-min payoff of $ -400,000 2. Optimistic approach Decisions @ 100 M @ 50 M @ 1 M Maximum Payoff Go 1,000,000 200,000 -2,000,000 1,000,000 No GO -400,000 -400,000...
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...CHAPTER 1 INTRODUCTION TO PROJECT MANAGEMENT LEARNING OBJECTIVES After reading this chapter, you will be able to: • Understand the growing need for better project management, especially for information technology projects • Explain what a project is, provide examples of information technology projects, list various attributes of projects, and describe the triple constraint of project management • Describe project management and discuss key elements of the project management framework, including project stakeholders, the project management knowledge areas, common tools and techniques, and project success • Discuss the relationship between project, program, and portfolio management and the contributions they each make to enterprise success • Understand the role of the project manager by describing what project managers do, what skills they need, and what the career field is like for information technology project managers • Describe the project management profession, including its history, the role of professional organizations like the Project Management Institute (PMI), the importance of certification and ethics, and the advancement of project management software 2 OPENING CASE Anne Roberts, the Director of the Project Management Office for a large retail chain, stood in front of 500 people in the large corporate auditorium to explain the company’s new strategies. She was also broadcasting to thousands of other...
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...function. ANS: T PTS: 1 DIF: Difficulty: Easy NAT: BUSPROG: Analytic TOP: A-head: Defining Quality KEY: Bloom's: Knowledge 5. According to the manufacturing perspective of quality, quality is based on the relationship of product benefits to price ANS: F PTS: 1 DIF: Difficulty: Moderate NAT: BUSPROG: Analytic TOP: A-head: Defining Quality KEY: Bloom's: Comprehension 6. Inspection was the primary means of quality control during the first half of the twentieth century. ANS: T PTS: 1 DIF: Difficulty: Easy NAT: BUSPROG: Analytic TOP: A-head: History of Quality Management KEY: Bloom's: Knowledge 7. During the 1940s and 1950s, after the world war II, the quality of products was the most important priority of top managers as it was recognized as the key to worldwide success. ANS: F PTS: 1 DIF: Difficulty: Moderate NAT: BUSPROG: Analytic TOP: A-head: History of Quality Management KEY: Bloom's: Comprehension 8. Although quality...
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...Intro to Business Logistics Management Professor Mohammed Baki Zhang Yuxin 104225453 2.09.2016 Introduction This report is to analysis an appropriate price of a Bic pen. To plan on purchasing 10,000 Bic pens each year for total five years. Through analyzing the material, Mfg costs, labor costs, SG&A and packaging, transportation and profit of a Bic pen to get a reasonable price. Material According to Lemon (2016), Bic pen is made of tungsten carbide ballpoint, Brass tip, link, polystyrene barrel and polypropylene cap and tube. To be more exact, the ballpoint is made of tungsten carbide which can be found the price is USD 60/Kilogram in the Alibaba website. To use the density of the material(15.63g/cm3)and the volume formula of ball（r=0.5mm），to get the weight of the ball is around 0.00817g, thereby we can get that the price of each ballpoint is 0.06USD. Secondly, the brass price is USD 8/kilogram, which can be found in Alibaba.com. The weight of each tip brass is 1.28g (Pen Modding, 2016), so the each price is 0.0102USD. Thirdly, due to the length of ink tube is 10.2cm, the internal diameter is 2mm and the density of ink is1.11 g/cm3. Therefore, the weight of the ink is approximately 0.36g, and the link cost is about 0.003USD for each pen. Fourthly, the polystyrene barrel for ink remains in the pen which cost USD 1800/metric ton. It is necessary to use the outer diameter (3mm), internal diameter (2mm) and density of the material (0.95 g/cm3) to get the weight...
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...Introduction to Network Management Phase 5: Network Security & Network Management Network User Guide Final Version Gabriel B. Del Fierro IT245-1304B, Introduction to Network Management Instructor: Brian Rodgers December 23, 2013 Executive Summary The purpose of this user guide is to familiarize you the Casa Del Fierro organization, what their needs are within this Network Organization. Contained in the following pages will provide you with all of the pertinent information that you will need in order to provide the highest quality of service and care. “An ounce of prevention is better than a pound of cure” – B. Franklin. Table of Contents IT245-1303B-01 Network Project Plan Executive Summary 1 Table of Contents 2 Section 1: Introduction of the Organization and its Requirements 4 Section 2: Network Architecture Design 6 Section 3: Network Model or Stack to be Used 8 Section 4: Network Protocols 15 Section 5: Network Security 19 Section 6: Network Management 22 References 24 Section 1: The Organization & It’s Network Requirements The Casa Del Fierro is a small organization with a total of two main users with a few friends and family that comes to visit on holidays. Although this network is set up in a comfortable home, individual needs may vary. The internet is used on a daily basis, Streaming Movies along with music, Online School, Social Media, Games, Online Banking and accessing medical care records. The devices to be networked...
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...Understanding Project Management Organizations Organizational Influences There are several factors that influence a projects success. Two that come to mind are Organizational Structure and Organizational Culture. The way in which your organization is structured can determine if your project will be successful. For example, is your organizational customer-focused and are resources shared across divisions? Organizational Culture plays a huge role if whether or not a project manager is successful. Such as, if the mindset is that of “nothing ever gets done around here” than the project manager (PM) will not receive the full support that is required. In addition, many organizations have processes in place, but no one follows them. Technological Enhancements To be competitive, project managers (PMs) need to be aware of future technologies. Software advancements are very important today. A project manager can deliver customer goods or services rapidly if the organization has the most efficient and effective software available. Furthermore, integrated systems are becoming more significant for centralized information (i.e., resources) Political Environment A project manager should seek to understand the political elements of his or her environment. Unfortunately, a PM cannot completely avoid its influence. A project manager should know who will support them and who will not or what are the boundaries of risk-taking as well as keep key players informed. Internationalization ...
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...What is Human Resource Management and Why it is Important – The Management process involves the following functions: planning, organizing, staffing, leading, and controlling. The “people” or personnel aspects of management jobs involve conducting job analyses; planning labor needs and recruiting job candidates; selecting job candidates; orienting and training new employees; managing wages and salaries; providing incentives and benefits; appraising performance; communicating; training and developing managers; building employee commitment; being knowledgeable about equal opportunity, affirmative action, and employee health and safety; and handling grievances and labor relations. A. What Is Human Resource Management? The management process includes several functions: planning, organizing, staffing, leading and controlling. Human resource management is the process of acquiring, training, appraising, and compensating employees, and attending to their labor relations, health and safety, and fairness concerns. B. Why Is HR Management Important to All Managers? Managers don’t want to make personnel mistakes, such as hiring the wrong person, having their company taken to court because of discriminatory actions, or committing unfair labor practices. HRM can improve profits and performance by hiring the right people and motivating them appropriately. It is also possible you may spend some time as an HR Manager, so being familiar with this material is important. C. Line and Staff...
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...IT245 IP5 Introduction to Network Management Individual Project Carol McClellan February 10, 2014 Contents Identifying the Network 4 The Company Considered 4 The Networks Considered 4 Servers Applied 4 Roles of Network managers 4 Diagramming the Network 5 Legend for the Diagram 5 Diagram 6 Network Models 7 The Seven Layers of the OSI Model 7 Physical Layer 7 Data Link Layer 7 Network Layer 7 Transport Layer 7 Session Layer 8 Presentation Layer 8 Application Layer 8 FCAPS 9 Fault Management 9 Configuration Management 9 Accounting 10 Performance 10 Security 10 Protocols and Agents 12 Transport Layer 12 Application Layer 12 Presentation Layer 13 Session Layer 13 Network Layer 13 Data Link Layer 14 Physical Layer 14 Network Security 15 Network Management2 16 FOOTNOTES 18 Identifying the Network The Company Considered I have decided to use Walmart for my individual project. It is an international company with 11,137 retail units in twenty-seven countries on five continents. It employs over two million people around the world. The Networks Considered There are numerous networks that would be needed for an international company such as this. In addition to the ones used nationally, there would be others in relation to language and monetary differences and shipping differences. There would also be a more extensive requirement as far as tariffs and taxes. Some of the national ones would be taking...
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...ITIL Study Guide | | | | ITILFND01 Service Management as a practice The purpose of this unit is to help the candidate to define Service and to comprehend and explain the concept of Service Management as a practice. 01-1. Describe the concept of Good Practice (SS 1.2.2) 01-2. Define and explain the concept of a Service (SS 2.2.1) 01-3. Define and explain the concept of Service Management (SS 2.1) 01-4. Functions and Processes (SS 2.3, 2.6.1, SD 2.3, SD 3.6.4, ST 2.3, SO 2.3, 3.1, CSI 2.3) 01-5. Explain the process model and the characteristics of processes (SD 2.3.2, 3.6.4) The recommended study period for this unit is minimum 45 minutes ITILFND02 The Service Lifecycle The purpose of this unit is to help the candidate to understand the value of the Service Lifecycle, how the processes integrate with each other, throughout the Lifecycle and explain the objectives and business value for each phase in the Lifecycle 02-2. Structure, scope, components and interfaces of the Service Lifecycle (SS 1.2.3 All ) 02-3. Account for the main goals and objectives of Service Strategy (SS 1.3) 02-4. Account for the main goals and objectives of Service Design (SD 2.4.1, SD 3.1) 02-5. Briefly explain what value Service Design provides to the business (SD 2.4.3) 02-6. Account for the main goals and objectives of Service Transition (ST 2.4.1) 02-7. Briefly explain what value Service Transition provides to the business (ST 2.4.3) 02-8. Account for the main goals and...
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