Premium Essay

Unit 5 - Ip1 Business Management

In: Business and Management

Submitted By jmw54
Words 315
Pages 2
[pic]

As a consultant, I was asked to provide a fast growing organization the definition of control and its benefits. Also I am required to provide upper management the recommendations for control actions to be taken immediately. With this, the organization will no longer have concerns of pilferage, longer breaks, and a sloppy accounting.

As mentioned, control helps the organization monitor its activities and ensure goals are being met. Within the control process managers must have standard operation procedures and measure its performance. If any variances exist between managers must react accordingly and ensure the process is back in control. An effective control will be accurate, timely, economical, flexible, and understandable. With these controls, many benefits will be provided to the organization, such as improved customer service, cost savings, accelerated delivery times, improved quality, inventory reductions, improved logistics management, increased sales, and increased market share.

As a consultant, I will recommend three approaches to ensure the organization has full control of its employees and process. The recommendations mentioned above, market control emphasizes in external market mechanisms to help establish standards within the organization. The second approach is bureaucratic control which emphasizes in organizational authority and relies on administrative rules, regulations, procedures, and policies. Finally, the third approach is clan control, here an employee behavior can be regulated based on shared values, norms, traditions, rituals, beliefs, and other organizational culture, you may have to offer. With these recommendations implemented, the operations management, such as people, materials, are brought together and will meet the organization’s goals.
Control and efficiency are key to an organization’s success. With a

Similar Documents

Premium Essay

Erp Implementation- Cisco

...“Customized” Erp in nine Months and within Budget Avimanyu Datta, Washington State University, USA Cisco systems: ExECutivE suMMary This case illustrates the importance of vendor selection, top management support, and team structuring in implementing a complex ERP system. While most organizations choose the de-facto brand as their product, Cisco and its consulting partner, KPMG, went against this perception and selected Oracle who was a newcomer in ERP business. For Oracle this was a golden opportunity to enter a market dominated by SAP and get its ERP modules litmus tested by an industry leader. Cisco on the other hand agreed to help Oracle to market its latest releases to potential customers, in lieu of the successful implementation. Oracle even allowed changing some of its modules to fit Cisco’s purposes. The implementation team comprised the best people from Cisco, KMPG and Oracle. To have the customized ERP up and running in nine months the team blended the robustness of sequential life cycle model with the flexibility of the iterative prototyping. [Article copies are available for purchase from InfoSci-on-Demand.com] Keywords: Cisco; Contract Negotiation; ERP Implementation; Information Systems Project Management; Oracle; Systems Development Lifecycle; Top Management Support orGanization BaCkGround Cisco Systems, Inc. was founded in 1984 by two computer scientists from Stanford University. Their primary product was the “router” that controlled the flow of data...

Words: 6821 - Pages: 28

Free Essay

Bpp Catelogue

...we have developed a range of innovative study aids in a variety of formats including web delivery, audio-visual products, CD-ROMs and books. Our products are designed to support a variety of different learning styles, ensuring all students make the most of their study time and successfully achieve their learning outcomes. This catalogue is your comprehensive guide to the qualifications we publish for and the learning materials we offer in support of those qualifications, together with our UK and overseas stockists directory. CONNECT WITH US bpp.com/learningmedia twitter.com/bpplm LinkedIn: BPP Learning Media Clients contents 04 ABoUt Us WhaT’s neW aT 12 BPP LeaRning MeDia 14 insTiTUTe OF LeaDeRshiP anD ManageMenT (iLM) 15 MeDiCaL seRies assOCiaTiOn OF BUsiness exeCUTives (aBe) 16 a BRanD neW 17 aPPROaCh a neW iDenTiTY 17 a neW PROPOsiTiOn 18 inFORMaTiOn FOR BOOKseLLeRs 20 WhOLesaLe ORDeRs 23 BeCOMe a sTOCKisT TUiTiOn PROviDeRs 24 TeRMs anD COnDiTiOns OF saLe RegiOnaL saLes ManageRs 24 CUsTOMeR seRviCes PRinTeD 25 PRODUCTs 26 sTUDY TexTs PRaCTiCe & RevisiOn KiTs 27 PassCaRDs 28 eLeCTROniC PRODUCTs 29 eBOOKs 30 eLiBRaRies i-Pass 31 inTeRaCTive PassCaRDs sUCCess CDs 32 i-LeaRn inTeRaCTive 33 LeaRning sOLUTiOns 34 BeneFiTs OF Using BPP LeaRning MeDia’s inTeRaCTive sTUDY MaTeRiaLs 35 FeaTURes OF BPP LeaRning MeDia’s inTeRaCTive eLeaRning TiTLes 37 sTUDenT RePORTing eLeaRning sTanDaRDs 38 LiCenseD eLeaRning PRODUCTs 39 LeARnInG MAteRIALs aCCa Fia Bsc (hOns) DiP FM DiP iFR iCFe...

Words: 28023 - Pages: 113

Premium Essay

Cisco

...over $200,000, was unprecedented. To be sure, they had delivered a lot in a time frame that no one had believed possible. It had not been easy either. The team members, Solvik included, had taken a risk in joining the project. Rewards should, and would, be generous. The size of the bonus pool, though, made Solvik think: they had done well, but how well? What had gone right? What had gone wrong? Given another project of this magnitude and risk, would they be able to do it again? No tC Cisco Systems, Inc. was founded by two Stanford computer scientists in 1984 and became publicly traded in 1990. The company’s primary product is the “router,” the combination of hardware and software that acts as a traffic cop on the complex TCP/IP1 networks that make up the Internet (as well as corporate “Intranets”). With the rise of Internet technologies, demand for Cisco’s products boomed and the company soon began to dominate its markets. By 1997, its first year on the Fortune 500, Cisco ranked among the top five companies in return on revenues and return on assets. (See Exhibit 1 for Cisco’s financial performance.) Only two other companies, Intel and Microsoft, have ever matched this feat. Perhaps even more impressive, on July 17, 1998, just 14 years after being founded, Cisco’s market capitalization passed the $100 billion mark (15-times 1997 sales). Some industry pundits predicted that Cisco would be the third...

Words: 9328 - Pages: 38

Premium Essay

Aftab Ali

...Engineering and Technology Management Tools and Applications For a listing of recent titles in the Artech House Technology Management and Professional Development Library, turn to the back of this book. Engineering and Technology Management Tools and Applications B. S. Dhillon Artech House Boston • London www.artechhouse.com Library of Congress Cataloging-in-Publication Data Dhillon, B. S. Engineering and technology management tools and applications/B.S. Dhillon. p. cm. — (Artech House technology management and professional development library) Includes bibliographical references and index. ISBN 1-58053-265-9 (alk. paper) 1. Engineering—Management. 2. Technology—Management. I. Title. II. Series. TA190 .D47 2002 620’.0068—dc21 2002074491 British Library Cataloguing in Publication Data Dhillon, B. S. Engineering and technology management tools and applications. (Artech House technology management and professional development library) 1. Engineering—Management 2. Technology—Management I. Title 620’ . 0068 ISBN 1-58053-265-9 Cover design by Igor Valdman © 2002 ARTECH HOUSE, INC. 685 Canton Street Norwood, MA 02062 All rights reserved. Printed and bound in the United States of America. No part of this book may be reproduced or utilized in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without permission in writing from the publisher. All terms mentioned in this book that...

Words: 97747 - Pages: 391

Premium Essay

Advanced Routing

.................3 2.4. Housekeeping notes..........................................................................................................................3 2.5. Access, CVS & submitting updates..................................................................................................3 2.6. Mailing list........................................................................................................................................4 2.7. Layout of this document...................................................................................................................4 Chapter 3. Introduction to iproute2..................................................................................................................5 3.1. Why...

Words: 28706 - Pages: 115

Premium Essay

Case Study Warren Agency, Inc.

...ECONOMICS UNIT – I CHAPTER - I SECTION - I Definition of Managerial Economics Managerial economics refers to those aspects of economics and its tools of analysis most relevant to the firm’s decision-making process. According to MeNair and Meriam, managerial economies consists of the use of economic models of thought to analyze business situations. Some writers consider managerial economics as the integration of economic theory with business practice for the purpose of facilitating decision-making and forward planning by management. The underlying idea of all these definitions is that managerial economics means economics applied in decision-making. So we may consider managerial economics as a special branch of economics bridging the gap between abstract theory and managerial practice. It may be pointed out here that effective decision-making at the firms’ level calls for a careful analysis of a choice between alternative courses of action. Economic theory offers a variety of concepts and analytical tools which can be of considerable assistance to the manager in his decision-making process. In fact actual problem-solving may require many skills and tools which are not available in the traditional economist’s. For example, knowledge of accounting and of statistical concepts and methods, which are not taught in economics, can help the analyses to apply more effectively the economic tools in a concrete situation. The problems of industrial management do not neatly...

Words: 33751 - Pages: 136

Free Essay

Reliace

...Communications Annual Report 2009-10 (28th December, 1932 - 6th July, 2002) Reliance Group - Founder and Visionary Dhirubhai H. Ambani Profile Reliance Communications Limited is the flagship Company of Reliance Anil Dhirubhai Ambani Group, India’s third largest business house. Reliance Communications is India’s foremost and truly integrated telecommunications service provider. The Company, with a customer base of 109 million including over 2.5 million individual overseas retail customers, ranks among the Top 4 Telecom companies in the world by number of customers in a single country. Reliance Communications corporate clientele includes 2,100 Indian and multinational corporations, and over 800 global, regional and domestic carriers. Reliance Communications has established a pan-India, next generation, integrated (wireless and wireline), convergent (voice, data and video) digital network that is capable of supporting best-of-class services spanning the entire communications value chain, covering over 24,000 towns and 600,000 villages. Reliance Communications owns and operates the world’s largest next generation IP enabled connectivity infrastructure, comprising over 2,77,000 kilometers of fibre optic cable systems in India, USA, Europe, Middle East and the Asia Pacific region. Mission: Excellence in Communication Arena  To attain global best practices and become a world-class communication service provider – guided by its purpose to move towards greater degree...

Words: 80036 - Pages: 321

Free Essay

Management

...Op"erations Research This page intentionally left blank Copyright © 2007, 2005 New Age International (P) Ltd., Publishers Published by New Age International (P) Ltd., Publishers All rights reserved. No part of this ebook may be reproduced in any form, by photostat, microfilm, xerography, or any other means, or incorporated into any information retrieval system, electronic or mechanical, without the written permission of the publisher. All inquiries should be emailed to rights@newagepublishers.com ISBN (13) : 978-81-224-2944-2 PUBLISHING FOR ONE WORLD NEW AGE INTERNATIONAL (P) LIMITED, PUBLISHERS 4835/24, Ansari Road, Daryaganj, New Delhi - 110002 Visit us at www.newagepublishers.com PREFACE I started my teaching career in the year 1964. I was teaching Production Engineering subjects till 1972. In the year 1972 I have registered my name for the Industrial Engineering examination at National Institution of Industrial Engineering, Bombay. Since then, I have shifted my field for interest to Industrial Engineering subjects and started teaching related subjects. One such subject is OPERATIONS RESEARCH. After teaching these subjects till my retirement in the year 2002, it is my responsibility to help the students with a book on Operations research. The first volume of the book is LINEAR PORGRAMMING MODELS. This was published in the year 2003. Now I am giving this book OPERATIONS RESEARCH, with other chapters to students, with a hope that it will help them to understand...

Words: 242596 - Pages: 971

Free Essay

Airtel Strategy Management Term Paper

...Building and Sharing Vital Infrastructure Building and Sharing Vital Infrastructure Bharti Crescent, 1 Nelson Mandela Road Vasant Kunj, Phase II, New Delhi - 110 070 www.bharti-infratel.com Annual Report 2012-13 Table of Contents Corporate Information 1 Board of Directors 2 Performance at a Glance 4 Joint Message from the Chairman and Managing Director 6 CEO’s Message 8 Corporate Social Responsibility 10 Directors’ Report 15 Management Discussion and Analysis 26 Report on Corporate Governance 32 Secretarial Audit Report 47 Standalone Financial Statements with Auditors’ Report 48 Consolidated Financial Statements with Auditors’ Report 84 Notice of Annual General Meeting 122 Glossary 132 BHARTI INFRATEL LIMITED ANNUAL REPORT 2012-13 Corporate Information Board of Directors Mr. Rakesh Bharti Mittal – Chairman Mr. Akhil Gupta – Managing Director Mr. Bharat Sumant Raut Mr. Jitender Balakrishnan Ms. Leena Srivastava Mr. Murray Philip King Mr. N Kumar Mr. Sanjay Nayar Mr. Sarvjit Singh Dhillon Mr. Vinod Dhall Chief Executive Officer Mr. D S Rawat Company Secretary and Compliance Officer Mr. Anupam Garg Statutory Auditors M/s S.R. Batliboi & Associates LLP, Chartered Accountants Internal Auditors M/s Protiviti Consulting Private Limited Registered Office Bharti Crescent, 1, Nelson Mandela Road Vasant Kunj, Phase – II, New Delhi 110 070 Head Office 901, Park Centra...

Words: 63627 - Pages: 255

Premium Essay

Financial Management: Theory & Practice

...Study Guide Financial Management: Theory & Practice Fourteenth Edition Eugene F. Brigham University of Florida Michael C. Ehrhardt University of Tennessee ________________________________________________________________________________ Australia • Brazil • Japan • Korea • Mexico • Singapore • Spain • United Kingdom • United States Copyright 2013 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s). Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it. This is an electronic version of the print textbook. Due to electronic rights restrictions, some third party content may be suppressed. Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. The publisher reserves the right to remove content from this title at any time if subsequent rights restrictions require it. For valuable information on pricing, previous editions, changes to current editions, and alternate formats, please visit www.cengage.com/highered to search by ISBN#, author, title, or keyword for materials in your areas of interest. Copyright 2013 Cengage Learning. All Rights Reserved. May not be copied...

Words: 197028 - Pages: 789

Premium Essay

Information System

...transmitted save with written permission or in accordance with the provisions of the Copyright and Patents Act 1988. Published by Key Note Ltd. 5th Floor Harlequin House 7 High Street Teddington Richmond Upon Thames TW11 8EE t: O845 504 0452 f: O845 504 0453 e-mail: reports@keynote.co.uk Stringent efforts have been made by Key Note Ltd. to ensure accuracy. However, due principally to the fact that data cannot always be verified, it is possible that some errors or omissions may occur; Key Note Ltd. cannot accept responsibility for such errors or omissions. Details supplied by Key Note Ltd. should only be used as an aid, to assist the making of business decisions, not as the sole basis for taking such decisions. Corporate Telephone Preference Service (CTPS) Under the new Privacy and Electronic Communications Regulations 2004 it is unlawful for a business to make an unsolicited sales & marketing call to a corporate subscriber if they are either registered with CTPS or have requested NOT to receive such calls. Key Note holds and regularly updates (at least every 28 days) their data in accordance with the regulation and ensures their data is compliant, as of the date created. However it is the responsibility of the caller to ensure this data is up to date and as such Key Note do not hold themselves liable for any subsequent legality. If you have any queries regarding the CTPS legislation you may find the following website useful www.informationcommissioner.gov.uk Or our website www.keynote...

Words: 165076 - Pages: 661