...more popularly by the World Commission on Environment and Development, also known as the Brundtland Commission in 1987. But some studies have found out that its history can be further traced back as early as the European Enlightenment when German Kameralists began to be concerned about handing down “undiminished” dynasties to future generations. In the 1987 Brundtland Report dubbed as Our Common Future, Sustainable Development is defined as development that meets the needs of the present without compromising the ability of future generations to meet their own needs. For the business enterprise, sustainable development means adopting business strategies and activities that meet the needs of the enterprise and its stakeholders today while protecting, sustaining and enhancing the human and natural resources that will be needed in the future. Just like a system, the world we live in connects us in space and time. America’s decisions a long time ago, for instance, will not just affect its present and future generations but also even people outside of its continent. Hence, most definitions of sustainable development emphasize the need to recognize how our decisions and actions affect the global environment, economy and society- today and the years to come. How Sustainable Development applies to Operations Management? Sustainable Development has important implications to Operations Management (OM) primarily because business operations largely depend on human and natural resources...
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...more popularly by the World Commission on Environment and Development, also known as the Brundtland Commission in 1987. But some studies have found out that its history can be further traced back as early as the European Enlightenment when German Kameralists began to be concerned about handing down “undiminished” dynasties to future generations. In the 1987 Brundtland Report dubbed as Our Common Future, Sustainable Development is defined as development that meets the needs of the present without compromising the ability of future generations to meet their own needs. For the business enterprise, sustainable development means adopting business strategies and activities that meet the needs of the enterprise and its stakeholders today while protecting, sustaining and enhancing the human and natural resources that will be needed in the future. Just like a system, the world we live in connects us in space and time. America’s decisions a long time ago, for instance, will not just affect its present and future generations but also even people outside of its continent. Hence, most definitions of sustainable development emphasize the need to recognize how our decisions and actions affect the global environment, economy and society- today and the years to come. How Sustainable Development applies to Operations Management? Sustainable Development has important implications to Operations Management (OM) primarily because business operations largely depend on human and natural resources...
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...Bringing Strategy to Life: Aligning your corporate culture with business goals Leaders of high-performance companies understand that a corporate culture that is aligned with its strategic priorities helps the organization achieve business success. The challenge: achieving alignment and sustaining it over the long term. High Performance: As Unique as a Company Itself One of the most striking characteristics of highperformance organizations is the level of harmony between business strategy and organization culture that they manage to achieve and sustain over time. A manufacturer competing chiefly on cost and efficiency, for instance, requires a culture very different from that of a luxury goods retailer for which personalized customer attention is the ultimate differentiator. “High performance” means different things in companies competing on different strategic priorities across industry sectors. In short, the right high-performance environment is one that helps a company achieve a specific set of business requirements. In a high-performance organization, workplace practices must actively influence the employee behaviors needed to execute its strategy and reinforce its market focus. behaviors of leaders are critical in establishing a culture that aligns with the business strategy. But, certainly, this is easier said than done. In fact, many companies’ cultures are not aligned with their business objectives, because their leaders, who by and large focus on the financial and...
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...ACADEMY FOR HIGHER EDUCATION PROFESSIONAL DEVELOPMENT FOR STRATEGIC MANAGERS Time Management MANAGING YOUR TIME MEANS MANAGING YOUR FUTURE, IT MEANS DETERMINING YOUR FUFURE TODAY.WHAT YOU DO WITH YOUR TIME TODAY WILL TO A VERY LARGE EXTENT DETERMINE WHAT YOUR FUFURE WILL BE.TIME WASTERS ARE FUFURE DESTROYERS,YOU MUST AVOID THEM. It has often been said that time and tides wait for no man, so if you control your time, you control your life. Time is a precious non replenishable asset; everyone gets an equal share but we use it very differently. We also look at time very differently. About 57% of us are present and future oriented, 33% are mainly future oriented, 9% are present oriented and only 1% focus on the past. Societies have different attitudes toward time, some are rushed and punctual, others are relaxed and disregard the clock. Successful managers, professionals, and students are future or goal oriented. Productive people have set their priorities and scheduled their time accordingly. Unsuccessful, unskilled workers and procrastinating students are present oriented and unorganized. When current needs demand your attention, whether that is because the family must be fed or you "must" have a good time with friends, it becomes harder to carefully plan for the future. Our situation and needs influence our time orientation however, our time orientation (and needs) can be changed. The first step is to admit that time utilization problem exist, scheduling your time may not...
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...definitions and some guide to see how personal responsibility can assist you in achieving your different goals. Personal Responsibility Personal responsibility could be define as the reliability the human beings have for any specific situation, for example our children, our home, our family, our job, our school, our debts, among others. It is the responsibility we have to accept our mistakes without blaming other people or circumstances around. Personal responsibility is the willingness to both accepts the importance of standards that society establishes for individual behavior and to make strenuous personal efforts to live by those standards. (Haskins, 2009) Personal responsibility will follow me every day of my life. This is what keeps me going through every day pursuing my goals and tasks. One of my dreams is to have the flexibility of having the time to enjoy my life without the basics responsibilities. We all want and need that freedom, but even freedom comes with responsibility. Every action, every decision, every word that comes out of our mouth has a reaction, a result. Even when we think we are alone there is someone looking up to us to learn from us or to make sure we follow the rules. For example our kids are always watching us, we are accountable for every action we make, for every decision we make. They will learn from us. We are accountable if we speed up in the highway, if we do not eat good food, if we do not exercise and if we do not do...
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...How Would You Change Government Arts Funding? The arts are a vital to our society, it helps us understand the past and future, and constantly provides us with a reminder of what we can offer to this world. In an address about the arts for students and the spouses of international leaders, our first lady Michelle Obama stated, “It is through our music, our literature, our art, drama and dance that we tell the story of our past and we express our hopes for the future. Our artists challenge our assumptions in ways that many cannot and do not. They expand our understandings, and push us to view our world in new and very unexpected ways. It's through this constant exchange -- this process of taking and giving, this process of borrowing and creating -- that we learn from each other and we inspire each other.” (Boehm, "Michelle Obama Tells International Audience Why the Arts Matter") It’s easy to see why keeping the arts alive should be a priority of our generation. We must find ways to support creativity, innovation, and artistic talent in any way that we can. The arts in America depends on a mixture of both public and private funding to stay alive. Since 1965, the US federal government has provided funding to the arts through an independent agency called the National Endowment for the Arts, or NEA. The goals of the agency include “the creation of art meeting the highest standards of excellence, engaging the public with diverse and excellent art, and promoting public knowledge...
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...to adapt to external and internal changes. External changes such as economic situations, increased global commerce, new security threats or emerging environmental priorities impact directly on the organization’s business and HR plans. Internal changes, such as the need to carry out the organization’s business differently through risk management systems or a shrinking pool of skilled employees in our workforce, have equally important impacts on KIN’s business and HR plans. KIN must ensure that its current and future work, workforce and workplace are properly aligned and integrated with its goals and priorities. It has become clear that the organization’s most critical challenge is to recruit and retain the skilled workforce required to keep pace with change. This is further complicated by retirements, which bring loss of expertise, particularly among managers, as well as professional and technical employees. However, it is important to note that given the recent shift in the economic situation, the risk associated with these challenges might be diminished. Living in a changing environment brings new opportunities that might be reflected in the need to adjust and realign KIN’s focus and strategies. This reality requires strategic responses through a rigorous and adaptable planning process. Building on our strengths and successes KIN has a proven commitment to sound HR management practices and has been a leader in addressing issues such as diversity, official languages...
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...STRATEGIC BUSINESS PLAN for (company name) for Period January 2002 to December 2005 (dates are examples only) Approved by (name), (position), on (date) Update Status: (amendment number), on (date) TABLE OF CONTENTS Executive Summary Section Page 1. Strategic Focus 2. The Business 3. Market Analysis 4 Products 5 Marketing 6 Research and Development 7 Production and Delivery 8 Supply Chains 9 Business Systems and Processes 10. Stakeholder Relationships and Alliances 11. Organisational and Management 12 Environmental and Social Impacts 13 Risk Factors and Regulatory Compliance 14 Corporate Governance 15 Financials 16 Application of Investment Funds 17 Strategic Action Plan 18 Plan Improvement Appendices: 1. 2. 3. Some Thoughts on Writing this Plan before We Start • Clearly identify the readers of this document. Then write the plan in a style that is easily understood by readers • Remember that this plan is a working document that has the clear purpose of initiating focussed action and generating clear and measurable results. Avoid the excessive use of descriptive adjectives to 'pad' or over-sell the plan. Flowery, highly descriptive language can cloud key issues, blur the plan's focus and slow/confuse its implementation • Keep the plan 'tight'; ensure it remains concise, balanced, clear and logical. Where possible use quantitative...
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...STRATEGIC BUSINESS PLAN for (company name) for Period January 2002 to December 2005 (dates are examples only) Approved by (name), (position), on (date) Update Status: (amendment number), on (date) TABLE OF CONTENTS Executive Summary Section Page 1. Strategic Focus 2. The Business 3. Market Analysis 4 Products 5 Marketing 6 Research and Development 7 Production and Delivery 8 Supply Chains 9 Business Systems and Processes 10. Stakeholder Relationships and Alliances 11. Organisational and Management 12 Environmental and Social Impacts 13 Risk Factors and Regulatory Compliance 14 Corporate Governance 15 Financials 16 Application of Investment Funds 17 Strategic Action Plan 18 Plan Improvement Appendices: 1. 2. 3. Some Thoughts on Writing this Plan before We Start • Clearly identify the readers of this document. Then write the plan in a style that is easily understood by readers • Remember that this plan is a working document that has the clear purpose of initiating focussed action and generating clear and measurable results. Avoid the excessive use of descriptive adjectives to 'pad' or over-sell the plan. Flowery, highly descriptive language can cloud key issues, blur the plan's focus and slow/confuse its implementation • Keep the plan 'tight'; ensure it remains concise, balanced, clear and logical. Where possible use quantitative rather than qualitative information. Remember the KISSS approach to planning;...
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...continue to inspire during the life of this strategic plan and the new long term plan for disability in Western Australia, Count Me In: Disability Future Directions. The vision signals the importance of people with disability, along with all other citizens, having meaningful opportunities to participate in all aspects of society and the range of decisions that shape their lives. We believe that people with disability, irrespective of age, gender, cultural or linguistic background, religious beliefs, geographic location,...
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...iniEnhance our standing as an international University Embed internationalisation into our activities This means that …. Our staff understand what internationalisation means for the University of Leeds. We have country and regional engagement plans which support our international strategic agenda and priorities and secure our international presence and profile. We provide an international experience for all students, through internationalisation of the curriculum and increasing opportunities for home students to engage with international activity through Leeds for Life. We understand how internationalisation supports research performance. We have a diverse and vibrant community, including high-quality international students and staff. Alumni relation activities support the internationalisation agenda. Create sustainable recruitment of high quality international students This means that… International partnerships, collaborative teaching programmes and student exchange schemes support our international recruitment activities. We experience a strong level of demand from high-quality international students. There is a shared common understanding of the primary factors which attract high quality international students. We recruit students from diverse markets to all levels of study and across subject areas, in accordance with our strategic priorities. Students receive excellent and creative teaching and are well supported, academically and pastorally, through the Leeds model for...
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...Strategic Planning STRATEGIC BUSINESS PLAN for (company name) for Period January 2002 to December 2005 (dates are examples only) Approved by (name), (position), on (date) Update Status: (amendment number), on (date) TABLE OF CONTENTS Executive Summary Section Page 1. Strategic Focus 2. The Business 3. Market Analysis 4 Products 5 Marketing 6 Research and Development 7 Production and Delivery 8 Supply Chains 9 Business Systems and Processes 10. Stakeholder Relationships and Alliances 11. Organisational and Management 12 Environmental and Social Impacts 13 Risk Factors and Regulatory Compliance 14 Corporate Governance 15 Financials 16 Application of Investment Funds 17 Strategic Action Plan 18 Plan Improvement Appendices: 1. 2. 3. Some Thoughts on Writing this Plan before We Start • Clearly identify the readers of this document. Then write the plan in a style that is easily understood by readers • Remember that this plan is a working document that has the clear purpose of initiating focussed action and generating clear and measurable results. Avoid the excessive use of descriptive adjectives to 'pad' or over-sell the plan. Flowery, highly descriptive language can cloud key issues, blur the plan's focus and slow/confuse its implementation • Keep the plan 'tight'; ensure it remains concise, balanced, clear...
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...academic success. Although academic success may come easily to some students, each student is responsible for their level of success because we each own the choices we make and the consequences of every action we take. As we set out into the realm of academia, we first have to establish our goals. These goals will be a measure of how we perceive our progress and success. From the time we were young, our parent had aspirations of what they felt we could do or accomplish in our lives. Often times, these imposed goals were met by resistance from us as we had other desires. This is where we started taking the reins to our personal goals. We were also accepting the responsibility for the goals we set. When establishing these goals many subscribe to the acronym SMART. Meaning these goals are specific, measurable, achievable, results-focused, and time bound. Goals should be taken a step further. Make your goals emotionally connected and sensory dependent. When you visualize your goals, include as much of all five senses as possible to make the visualization as real as possible. (Hume, 2011) To achieve academic success requires us to first envision our long term goals. These will be our measure of success in academics. Some feel that they will have succeeded in academics by achieving an Associate’s degree while others will aspire to a Doctorate. It is important to be able to envision what that end goal...
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...Even though the Cold War era is a distant memory, encased in glass forever like some museum piece, our government is still spending as if the Soviet Union was in its prime. If the arms race is a forgotten memory, then why is the military still spending 86% of what it was spending during the Cold War. It’s not that us Americans do not want a solid military, we just believe that our military is wasting billions of dollars at the expense of our children’s education and well being. 50 years ago our country, and the entire world was in disparate need of a strong U.S. military. We inflated our military budget, and gave the government and private businesses an enormous appetite. Without a major threat to the United States since the collapse of the Soviet Union, our government seems to be in competition with itself. 50 years ago we sent tons and tons of troops overseas to fight in a foreign land, while we pumped private businesses up with the manufacturing of military equipment. The need for such products and the need for an over-healthy military allowance is long gone. While we sunk billions after billions of taxpayer’s money on wars that we were boisterously proud to spend (it gave us all the prestige we could ever ask for), our Allies were investing in their children’s education and well being. The result now is that while we have the most elite military capabilities, our children’s educational level is extremely under developed. European and Japanese children significantly outperform...
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...method by which people settle differences. It is a process by which compromise or agreement is reached while avoiding argument and dispute. In any disagreement, individuals understandably aim to achieve the best possible outcome for their position. The principles of fairness, seeking mutual benefit and maintaining a relationship are the keys to a successful outcome. We are also engaged in negotiations with people from all walks of life every day, including family members, bosses and colleagues amongst others, in order to acquire the maximum interests for ourselves. Negotiation is an easy thing to do when it is only restricted to numbers, because it doesn’t require trust, language and relationship. Fingers alone can solve everything. Our task as a businessman, however, is to negotiate for terms and conditions on the side we stand, which is quite demanding in language precision, communication skills and so on. From different types of negotiations and the history of negotiation methods, we realize that tactics used in ancient wars have been applied in current business battles. The outcome of negotiations does not only have a win/lose situation, but also have a win/win one when reaching a consensus. Case practice: In the “Weekend in Paris” case, I practiced as a buyer who is urgent to get the ticket to Paris. I came up with my first offering at 45, which is the original price stamped on the ticket. Then the seller responded a 125, the full price of the ticket. I stood...
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