Strategy and Change Management

TABLE OF CONTENTS Introduction Severstal strategic analysis External environmental analysis Porter’s five forces Yips globalisation strategy Current strategy Industry life cycle Market segmentation Severstal acquisition activities BCG MATRIX Ansoff matrix Stakeholder analysis Conclusion Appendix References Introduction: This assignment is based on one of the biggest steel company in the world it is known as Severstal. This company was founded in 1955 by Cherepovets steel mill and remain under soviet government ownership until 1991. In 1993 Alexel Mordashov became owner of this company and registers the company name as Severstal in Russia.After the privatisation it becomes one of the international Russian companies with overseas export and ownership of foreign assets. And they also listed in LSE and RTS stock markets. They own production in Canada, US, and Europe. Severstal is one of the leading steel manufacturers in Russia. It consists of six segments such as Kolpino processi ng service Centre, metal ware, pipes, trading and services, steel and scraps procurement In 2008, Severstal became third biggest steel producer in Russian and 14 in the world, and the revenue reaches to US$ 22. billion. In same year they decided to change company structure by making three divisions such as Severstal international, Severstal Russian steel and Severstal resources. These changes improved their profit in the world. In 2007 they also established gold business in the world. In 2010 Severstal improve their leading position in Russian market. However, they are famous for their high value added products such as galvanized sheet, cold rolled and pipes. However, the company got 10 boards of directors and 5 are independent director including chairman.Finally, this research will examine the company strategic performance and tell us detail information of the company including its environmental factors and financial performance in the world. EXTERNAL ENVIRONMENT FACTORS: Macro env ironmental factors will critically analysis the company external factors through it’s broadly frame work such as pest analysis. This framework will help to know about the company environment in the world. Political factors: * Government are establishing new trade barriers for all that can have negative or positive impact on their business. Other political factors which can affect their business are adverse impact on business, such as operational results and financial impact. * Severstal investment policy can have regional political risk. * All majorities of production and operations are taking place in other region and countries with stand able political and social system. Economic factors: * Slow rate of economic growth can affect Russian economy. * Recession can reduce demand of all raw materials such as oil, gas and metals that leads to loss for the company. Increased in inflation can decline production and increased unemployment in the country. * Increased in oil price ca n lead to slow down in world economic growth and reduce demand of steel in the world. Social factors: * Social corporate responsibility. * Changes in employment laws and labour can affect on their business. * Significant attentions and following social rules of government can lead company growth in future. * Creating employment satisfaction and fulfilment of employee working potential can develop good relationship with labour. Technological factor: New technology and innovations is required to develop the market position. * Implementing new techniques methods for development * Creating new types of steel alloys such as construction products of building. * Better services, quality and technology for manufacturing and production. Porter’s five forces http://www. google. co. uk/search? q=porter's+five+forces;hl=en;prmd=imvnsb;tbm=isch;tbo=u; However, steel industries were not profitable from long time. All the manufacturers and producers were not seen profitable in late 1990 to 2003.In USA, more than 50 industries went for bankruptcy. Eventually, twenty first century becomes revolutionary for steel industry. For example: mittal steel paid $35 billion to buying European giant and becoming world largest steel industry in the world. New entrants: There are two powerful entrants in the steel industries they are reorganisation and privatisation. There will be limited threats of new entrants in steel industry. However, Chinese are increasing capacity of rate at 30%. Since 1990 Chinese has become third world exporter and producer in the world after Russia and Japan.Although the steel industry will have a competitor such as china, and India steel industry can become the threat for Severstal. Substitutes: There are not many substitutes for steel, but because of the advance technology they introduced substitutes by other material such as aluminium in cars, plastics and aluminium are used to make this thing. However, in present world steel has become one third thinne r over last few years. Similarly for construction big items such as building, bridges, trains etc steel are only used to make these items.Buyer power: There are many key buyers for steel such as Toyota, Ford, Volkswagen and one of the leading steel buyers who produce food cans is known as crown holding, they make one third of food can in Europe and North America. All these industries buy high volume of steel to produce their items. Car manufacturers are the leading buyers of steel in the world. Supplier power: The key producer of steel is iron ore. There are three big ORE producers they are TINTO, RIO, CVRD and BHP Billiton they control 70% of steel market in the world. The supplier power of steel maker is very high in this ndustry. Despite of recession, steel ore price was not decreased in the market. Competitive Rivalry: Since 2000, the industry has become very fragmented, the top most producers in the world has been accounted for 14% of production. Most of them were selling the s teel in tonnes. Price were decreased in 19th century and bit slow down in the demand. However in the twenty first century demand boomed by Chinese market. Chinese were the largest consumer of steel in the world. Other big companies like mittal, Tata and thyssen Krupp were buying weaker players in the market.New steel giant mittal becomes the world largest producers in the world. Yip’s globalisation strategy: From the above macro environment situation the company decide to adapt the global strategy in order to achieve higher revenue and profit in the future. This yip globalisation model helps to evaluate the industry. http://www. google. co. uk/imgres? um=1;hl=en;sa=N;biw=1280;bih=709;tbm=isch;tbnid=ED-UITUWq9ob0M:;imgrefurl=http This model is consisting of four drivers which help industry for global expansion in international market.However, apply this framework in Severstal industry to see it benefits: Market drivers: If we see the performance of Severstal, it most revenue i s generating by North America, Russia and other resources of the world. According to its annual report the company is generating revenue from all across the world. The steel market is cyclical with short peak to peak demand in the regional markets. However, in future company can dominate the position Chinese market. Basically, Chinese has very less amount of producers in the market to supply steel in international market.Cost drivers: Mostly the steel industry generates its income through iron ore and other raw materials including, energy, electricity and labour. However, to increase its revenue company need to globalize and reduce the cost in order to improve its profitability. The industry need to utilise it assets were the company acquire from mergers and acquisition. Finally the company need to produce the material in the different countries to reduce it production costs and logistics cost in the end. Government drivers:The industry has benefit in the country where they have lib eral trade laws such as European Union who provides human resource and infrastructure facility compared to other parent company that run in Russia. Competitive drivers: The rapid development in environment shows the new level of competition in steel industry. The vision and mission of Severstal is to achieve it steel production across the globe. The report shows that Severstal is a 14th largest steel industry in world that produced 19. 2 million tonnes of steel in the world. However, mittal is the largest industry to produce 54. 4 million tonnes of steel in a year. case study Severstal). However, Severstal need to expand its business by implementing a strategy in the business that can help the company step by step to improve the market condition in the future. CURRENT STRATEGY: Severstal industry life cycle: https://www. google. co. uk/search? q=industry+life+cycle;hl=en;prmd=imvnsbz;tbm=isch;tbo=u;source=univ;sa=X;ei=bRgaUIbkHtK There are four stages of industry life cycle such as * Development: Severstal need to focus on development and innovation of product which help company to bring new technology and environment benefits.They should maintain the quality of the product. * Growth: Severstal need to maintain its business growth drivers such as vertical integration, cost advantages and strategic market focus. * Maturity: Severstal is one of the dominated steel industries in the market. However, they need to maintain position in US and Europe market to achieve maturity in the business. Although, china is existing market with less revenue that can become your main market in the future. * Decline: In 1990 steel industry was facing huge decline in their sales and production.However in 21th century steel industries are dominating the position in the world by acquire small industries for example mittal acquisition European steel company and Tata purchase other steel industry. Market segmentation: According to the market research the full vertical integration form give competitive advantage to Severstal, they need to keep strengthens the industry cyclicality market risk and provides flexibility and disruption allow us to capture the market opportunity. This vertical integration system helps company to improve financial performance in all three division of market.This vertical form also help to maintain the cost advantage and supply chain with high level of sufficiency, However, Severstal need focus on acquisition of small steel industry to acquire and develop the business in entire world. Target market: * Severstal need to target emerging markets such as Latin America, south east Asia, Africa and middle east * They need to secure their assets in fast growing steel markets. * Developing a new global raw material base will secure access to high potential market ensure its leading position and develop its expansion strategy for the company. Severstal need to target Chinese market and Asian market to develop their position in the world. Positioni ng: * Severstal need to maintain its position in Russia and North American market. However, their goal for 2012 is to improve EBITDA margin and despite many economic and industry challenges. * Our Intention is to keep global cost curve across all the operations and strengthen our market position. * They need to more focus on potential emerging market and high value added product which drive our margins to top position. SEVERSTAL ACQUISITION ACTIVITIESPortfolio matrices (BCG MATRIX): The most common portfolio analysis is Boston consulting group matrix which analysis the market share and market growth of the industry. This matrix show high growth demand heavy investment for example it show the excess capacity or develop brand. http://www. google. co. uk/imgres? hl=en;sa=X;biw=1280;bih=709;tbm=isch;prmd=imvnsb;tbnid=pBDs3BceOtFkAM:;imgrefurl=http://www. quickmba. com/strategy/matrix/bcg/;docid Stars: Europe, US and Russia has high market share for Severstal. Question marks: Chinese and Asian market.Cash cow: North American and Russian market is cash cow where Severstal can develop their market international by export steel in the world. Dogs: other countries like South Korea. Ansoff matrix: Ansoff matrix is a framework to proposed growth strategies for company to develop its business in future. Market penetration: * Severstal should maintain the focus on emerging markets such as Russia and north America * Russian market can increase its revenue in upcoming years. However, WTO has announced the upcoming winter Olympic Games in Sochi Russia which give additional opportunity to develop its market. They need to more focus on south East Asia, Africa, Middle East and Latin America where they got fastest growing steel market. Product development: * Severstal need to maintain the quality of product such as raw materials like iron ore, coking coal, scrap. * Severstal are targeting to expand access of raw material that could develop the strategically * Severstal need to mo re focus on gold business which can increase their revenue. Market development: * Severstal need to develop its market position in china and Asian market. * They need focus on high value added products and fast growing market. To maintain and maximise margins of the company, they should need to focus on steel related mining and steel production. * Target main market such as Russia to become no 1 in that market. Diversification: * Severstal need to concentrate more on their existing products such as wire ropes, metal ware and steel pipes. * Company need to maintain its stability in the market. STAKEHOLDER’S ANALYSIS: http://www. google. co. uk/imgres? start=95;hl=en;biw=1280;bih=709;tbm=isch;tbnid=YIubWJZV1827SM:;imgrefurl=http://intoprojects. om/how-to-identify-stakeholders;docid=gTtb0gkJERbD9M There are two types of stake holders they primary stakeholders and secondary stakeholders. Primary stakeholders: * Customers: customers are the key person for every company. Who want h igh value added product and good quality and better customer services. * Suppliers: supplier is a person who give raw materials and other products to company and want their payments on time * Employees: employees play vital role in every organisation, those are the people who perform good for the company and maintain the standard of the company.In order to achieve good salaries and benefit from the industry. * Shareholders: shareholders always want the industry to perform well in the market and achieve high revenue every year in order to get more dividend from the company. Secondary stakeholders: * Consumer group: consumer group has a responsibility to check the fairly and safety product are given to consumers. * Trade union: A trade union is a govt law that everyone has in their company. However this trade union assist the labour in any requirement and help them work in better environment. Pressure group: this group maintain the rules and regulation of the government on company law influence and regulation. * Government: Government are related with legislation, VAT, and taxation, low employment. * Community group: this community group includes all community such as jobs, contributions, ecological factors and share will comes under this group. * Media: media also play vital role for every industry in order to promote brand and create good relationship with customers and ongoing activity. Areas to conflict: Primary stakeholder: * Customer are not satisfied with the product and quality that are

Discovering Computer

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Processor Also called a Central Processing Unit (CPU) The electronic component that interprets and carries out the basic instructions that operate the computer Memory Consists of electronic components that store instructions waiting to be executed and data needed by those instructions Next The Components of a ComputerWhat is storage? ? Holds data, instructions, and information for futur e use Storage media Physical material on which data, instructions, and information are stored Storage device Records and retrieves items to and from storage media Next The Components of a Computer What is a USB flash drive? ?Portable storage device ? Small and lightweight enough to be transported on a keychain or in a pocket ? The average USB flash drive can hold about 2 billion characters Next The Components of a Computer What is a hard disk? ? Provides greater storage capacity than a USB flash drive ? Most are housed inside the system unit NextThe Components of a Computer What is a compact disc? ? Flat, round, portable metal disc ? ? CD DVD Next The Components of a Computer What is a communications device? Hardware component that enables a computer to send and receive data, instructions, and information Occurs over cables, telephone lines, cellular radio networks, satellites, and other transmission media Next Advantages and Disadvantages of Using Computers What are the advantages of using computers? Speed Reliability Consistency Storage Communications Next Advantages and Disadvantages of Using Computers What are the disadvantages of using computers? Violation of PrivacyPublic Safety Impact on Labor Force Health Risks Impact on Environment Next Networks and the Internet What is a network? ? Collection of computers and devices connected together, often wirelessly Used to share Resources Hardware devices Software programs Data Information Saves time and money Next Networks and the Internet What is a server? ? A server controls access to resources on a network ? Clients, or workstations, request resources from the server Next Networks and the Internet What is the Internet? ? Worldwide collection of networks that connects millions of businesses, government agencies, educational institutions, and individualsNext Networks and the Internet Why do users access the Internet? 1. Communications 2. Research and Information 3. Shopping 4. Banking and Investing 5. Classes 6. Entertainment 7. Download Music 8. Share Information Next Networks and the Internet What is the Web? ? Billions of documents, called Web pages, available to anyone connected to the Internet A Web site is a collection of related Web pages You can share information on a social networking Web site or a photo sharing community A podcast is recorded audio stored on a Web site that can be downloaded A Web page contains text, graphics, audio, video, and links to other Web pagesA blog consists of timestamped articles in a journal format Next Computer Software What is software? Consists of a series of instructions that tells the computer what to do and how to do it Also called a program Next Computer Software What is a graphical user interface (GUI)? ? Allows you to interact with the software using text, graphics, and visual images such as icons ? Controls how you enter data and instructions and how the screen displays information Next Computer Software What is system software? ? Programs that control or maintain the operations of the computer and its devices Operating System (OS) s a set of programs that coordinates all activities among computer hardware devices Utility Programs allow the user to perform maintenance-type tasks usually related to managing a computer, its devices or its programs Next Computer Software What is application software? ? Programs designed to make users more productive Word Processing Database Spreadsheet Presentation Graphics Next Computer Software How do you install and run programs? 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Usually more expensive than a desktop computer with equal capabilities Next Mobile Computers and Mobile Devices What is a Tablet PC? ? Resembles a letter-sized slate ? Allows you to write on the screen using a digital pen ? Especially useful for taking notes Next Mobile Computers and Mobile Devices What are mobile devices? Small enough to carry in a pocket Internet-enabled telephone is a â€Å"smart phone† Next Mobile Computers and Mobile Devices What is a handheld computer? Small enough to fit in one hand Used by mobile employees such as meter readers and deliver y people Next Mobile Computers and Mobile DevicesWhat is a personal digital assistant (PDA)? ? Provides personal organizer functions ? ? ? ? ? Calendar Appointment book Address book Calculator Notepad Next Mobile Computers and Mobile Devices What are smart phones? Next Game Consoles What are game consoles? Mobile computing device designed for single-player or multiplayer video games Next Servers What types of servers are there? A server controls access to network resources and provides centralized storage Mainframe Very powerful, expensive computer that supports thousands of connected users Supercomputer The fastest, most powerful, most expensive computer.Used for applications requiring complex mathematical calculations Next Embedded Computers What is an embedded computer? ? A special-purpose computer that functions as a component in a larger product Next Elements of an Information System What are information system elements? ? ? ? ? ? Hardware Software Data People Procedures Next E xamples of Computer Usage What software is available for a home user? ? Personal finance management ? Web access ? Communications ? Entertainment Next Examples of Computer Usage What software is available for a small office/home office (SOHO) user? ? ? ? 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Edu cation Finance Government Health Care Science Publishing Travel Manufacturing Next Summary of Introduction to Computers Basic computer concepts The term, computer The uses of the Internet Computer software Categories of computers Types of computer users Computer applications in society The components of a computer The advantages and disadvantages of using computers The purpose of a network Chapter 1 Complete

Plastic Surgery is the Way to Become a Better Individual Research Paper

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This reflective statement is an account of my journey towards my dream Essay

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Final exam Questions - Essay Example -Training and development of human resource: The analysis is used to examine the employees’ needs in training and development of processes. The variation between the actual and expected output influences the degree of training required by employees. It also enables in determination of training tools content, and equipment to be used in training and those training methods to be put to use. -Employee compensation management: job analysis plays a key role in determining payment packages, benefits, variable and fixed incentives and extra perks of employees.   These payments depend on the  responsibilities and duties, position and job titles involved in specific jobs.   Job design: The key purpose of analysis is development   in human recourse efforts and releasing the best output. It assists in designing, enriching, redesigning and adding or cutting back extra duties and responsibilities in a specific job. This ensures employee satisfaction  as well as increased human output In lateral career path, employees move to equivalent duties and responsibilities in an organization. This move is usually with a similar job title and salary range at a similar level. In this career path, the employee’s job responsibilities change hence affording the employees new chances. The company should notify all the interested and qualified workers through internal memos. The notification should include job title, description and relevant qualifications for each. It should also notify employees the method of applications, deadline of application and the dates of interviews. All the application letters should be checked and sorted. The application letters that meet the criteria of selection should be listed and applicants notified. The applicants who did not meet the criteria for selection should be notified politely. It eliminates those candidates that fail to qualify as per the criteria set by the organization. The candidate is

Biometric Research Paper Example | Topics and Well Written Essays - 1000 words

Biometric - Research Paper Example However, research has shown that the mismatched identification in a whispered speech is due to the phonemes hence providing an unvoiced consonant will prevent this mismatched in whispered identification. Key Words- Voice, Phoneme, Biometric Authentication I. RESEACH QUESTION/PROPOSAL A feature information of enrolled person’s biometric information in biometric authentication is normally enrolled as templates that are stored by secure databases and anti-tampered devices. However, the disadvantage is that biometric information is irrecoverable once compromised. Therefore, there is need to give such information special attention in order to ensure they are safely stored. Also due to increased internet penetration and access by many people has raised a need for the implementation of online biometric authentication i.e. a uniform, secure and reliable method of biometric authentication. Therefore, the research proposal in this case is to identify alternatives for the password-based authentication used in most smart devices today. This kind of authentication is vulnerable and can be compromised hence a proposal to focus and introduce better authentication ways i.e. biometric that uses one’s unique biological and psychological features. ... Mobile devices are being stolen daily, which puts in danger important information that had been stored before. [1]. Therefore, a user will hope that his/her password is strong enough not to be decoded. Biometric authentication is giving a natural alternative to passwords. The wide variety of input sensors that mobile devices include nowadays like microphones, camera, PS, touch screens helps with the implementation of biometric authentication. Businesses are requiring an easy to use but secure authentication for their mobile devices in their corporations as well users around the world. Many of the biometric authentications are strong, but others have their limitations. [2] This paper will discuss and will show an improvement in the authentication of voice recognition. I. BACKGROUND Biometric can be classified in to two major categories based on their characteristics i.e. Behavioral Biometric and Physiological Biometric. Behavioral biometric is the study of the differences in how peopl e do things while physiological biometric is the study of physical uniqueness of individual, which is unlikely to change very easily [3]. A. Importance of Voice Authentication Most of the biometric authentications works with sophisticated equipment that requires the physical presence of the person. For example, Retina biometric authentication needs a camera; which are contained in most smartphones. TABLE 1 PHYSIOLOGICAL BIOMETRIC AND BEHAVIOR BIOMETRIC Physiological Biometric Behavioral Biometric Voice Scan Iris Scan Finger Print DNA Matching Facial Scan Retina Scan Hand Scan Keystroke Scan Signature Scan Gait Recognition However, a Charge Coupled Device (CCD) which is complement with ANSI/IESNA RP-27.1-96 and IEC 60825-1 standards for radiation have

Text and tradition Essay Example | Topics and Well Written Essays - 1000 words

Text and tradition - Essay Example Socrates objects, pointing to existence of various Gods and, as a result, different ways of pleasing them; there is a logical contradiction when one the same action can be represented at the same time pious and improper: Later Euthyphro modifies definition by saying that pious is something that causes unanimously positive reaction in all Gods without exception (and vice versa). Socrates in reply formulates "Euthyphro`s dilemma": the act is pious because it is dear to Gods or it is dear to Gods because it is pious in nature? â€Å"And a thing is not seen because it is visible, but conversely, visible because it is seen; nor is a thing led because it is in the state of being led, or carried because it is in the state of being carried, but the converse of this. And now I think, Euthyphro, that my meaning will be intelligible; and my meaning is, that any state of action or passion implies previous action or passion" Socrates offers his own variant of the definition combining piety with justice. However, reflections on this concept, make the interlocutors reject such definition because all pious is fair, thus not all fair is pious. Attempt to specify the concept of justice leads Socrates and Euthyphro to the thought that justice involves interaction with Gods in this or that sense. Euthyphro formulates the definition according to which piety is intervened with sacrificing and praying. However, both interlocutors agree that sacrificing is reasonable in case when someone needs gifts while Gods cannot require anything, and, therefore, the acts of praying and sacrificing do not make sense and cannot solely characterize piety. On the contrary these acts remind trade. As a result Socrates and Euthyphro return to the thought that piety is a gratification to God. The general sense of "Euthyphro" is clear. It is correct that piety is a gratification to Gods but it is not exact. It is also correct that piety is an aspiration to justice but it is not precise as well.

The Human Resource Function Essay Example for Free

The Human Resource Function Essay Heathfield (2007) defines Human Resource Management (HRM) as an organizational function; focusing on recruitment, management, and directing the people who work in the organization. HRM can hence be viewed as an organizational function that deals with the human resource â€Å"people who start and operate an organization, (Ramlall, 2003). Owing to the continuous political, economic, social and psychological changes within our societies, there is an increasing need for organizations to constantly evaluate their internal and external environment in response to the challenges and opportunities in the society; so as to remain competitive and to sustain organizational growth. This article examines the strategic role of Human Resource (HR) and its main practices, describes the outcomes of the respective category of (HR) practices and explains the critical reasons for measuring HRs efforts. The fundamental role of the HR to an organization is to â€Å"create value† (Ramlall, 2003) to the organization. It can hence be inferred that the critical HR’s role is to maximize profitability. Every organization, in pursuit of its strategic goals, must determine how particular HR practices correlate with improved business results and be more accountable for each major HR activity. This entails determination of the value of each HR activity in creating a competitive advantage for the organization. Without this, achievement of the organization’s goals and corporate missions may remain a dream that is never attained. There are many factors influencing change in organizational structure today. These factors include technological advancement, globalization, changes in workforce demographics, the elimination of bureaucracies in organizational structures, and the need to strike a balance between work and family issues. Understanding the potential of an organizations resources and optimizing the output of such resources, given the changes, provides an impetus for HR to become the key source of creating the competitive advantage for the organization. It is the role of the HR to build a competitive organization though strategic management of human resources, management of firm infrastructure, management of employee contributions and management of transformation and change. This can be summarized as â€Å"defining the deliverables of work† (Ulrich, 1997). This entails going beyond the strategic business partner role to becoming a player in the business. Ulrich, (1997) identifies six roles of a player in an organization. The player coach, designs, construct, creates followers, plays the rules and changes the organization. This ensures that the functioning of the organization is directed towards its goals. An effective HR personnel acts as a â€Å"facilitator and a collaborator† (Brewster, 2000). As a facilitator, the HR will function as an agent of change- providing rationale, support, and readiness for planned changes designed to support the business strategies. As a collaborator, the HR provides a link between the senior leaders and all employees to implement business strategies forming the strategic link throughout the organization. This is essential to the organization as it helps to maximize its profits. A research by Brewster, (2000) postulates that less than 10 percent of the 968 firms that participated in the study had a formal estimation procedure to measure HRM. This implies that most companies have little or no assessment of their HR department’s efforts and therefore they cannot give any quantitative measures of HRs value to the organization. Hailey, (1999) stated that the best way for HR to gain credibility in order to make meaningful changes is for practitioners to measure the cost and effectiveness of what they do. As such, the HR should be credible enough to lead the rest of the workers towards giving value to the organization. To achieve a competitive advantage, it is necessary to identify the skills that need to be developed internally for current employees and the fundamental areas of effectively managing an organization. The HR function has the most experience and knowledge in addressing these critical issues. It is therefore necessary for an organization to have an effective human resource that can efficiently achieve these vital objectives. The integration of human resources into the organizational strategy provides the basis for enabling the HR function to support and implement the strategic plan to achieve a competitive advantage, (Wofford, 2002). This strategy provides for the maximization of human capital, reduction of wasted and inefficient labor, and other financial investment, eventually to maximize profitability. An efficient HR increases the likelihood of more efficiently achieving the business outcomes and avoiding chaos, massive layoffs, crises resulting from not having skilled employees to carry out particular tasks and not having the right fit among employees, corporate strategies, and business environments, (Hailey, 1999). HR function plays a pivotal role in determining the business strategy through the assessment of the organizations capabilities to compete successfully through a particular strategy, determining the appropriate rewards system, determining appropriate organizational structures, and developing strategies to increase employee performance. All these work in achieving firm’s objectives and assessing the effectiveness of its strategic plan. Given the definition of strategic planning as how an organization will compete, the question arises as to how an organization would be able to assess the effectiveness of its strategic plan. Indicators of a successfully crafted strategic plan include creating advantages that are sustainable over a long period, (Ramlall, 2003). These include attainment of the organizations goals and objectives, the financial profitability of the organization, organizational positioning to create advantages for the short-term and long-term, and creation of a stronger sense of social responsibility. In essence, this process determines the decisions and actions an organization will undertake to create and sustain competitive advantage. It is evident that any organization that endevours to achieve a competitive advantage over its rivals and move towards its strategic goals is left with no choice but to have an effective human resource. The constant evaluation of the effectiveness of the organization results in the need for the HR professional to frequently champion change. Both knowledge about and the ability to execute successful change strategies make the HR professional exceptionally valued. Knowing how to link change to the strategic needs of the organization will minimize employee dissatisfaction and resistance to change. Only an effective HR can champion these important changes.

Rizals life and works Essay Example for Free

Rizals life and works Essay Dr. Josà © Protacio Rizal Mercado y Alonzo Realonda (June 19, 1861- December 30, 1896) He was an award winning poet, and brilliant critic of the Spanish historical accounts of the societies in his native pre-colonial Philippines. Full of intelligence and humility, Rizal gained the respect and admiration of prominent men from around the world. Yet, more importantly, Rizal’s love for his nation and his fellow men led him to spark a revolution that uplifted the welfare of so many. An outstanding academic, he originally planned on studying land surveying, but when his mother began to go blind, he decided to study medicine. Unable to continue his education at Manila’s University of Santo Tomas due to discrimination because he was a native, Rizal traveled to Spain to study at the Universidad Central de Madrid. Before the age of 25, Rizal had traveled to Paris to earn a second doctorate, and then to Germany, where he completed his eye specialization and was inducted as a member of the Berlin Ethnological and Anthropological Societies. A master in 22 languages, Rizal used his intellectual and writing talents to write about the Spanish Colonial elite and the atrocities committed towards the natives by the Friars in the name of the Church. He translated and published his writings in many languages. However, this meant Rizal faced strong public opposition from elites in many countries who wanted to protect their interests in colonialism. Rizal returned to the Philippines in 1892 and formed a civic movement called â€Å"La Liga Filipina.† His goal was to unite Filipinos for protection from violence and injustice and to fight for change through peaceful and legal means. Rizal was declared an enemy of the state and his organization was disbanded by the Spanish governor. â€Å"†¦our liberty will (not) be secured at the sword’s point†¦we must secure it by making ourselves worthy of it. And when a people reaches that height God will provide a weapon, the idols will be shattered, tyranny will crumble like a house of cards and liberty will shine out like the first dawn† – Josà © Rizal Even when the infamous General Baleriano Weyler (who developed harsh tactics and cruel concentration camps for the natives in Cuba a few years earlier) was transferred to the Philippines to suppress the native organizing, Josà © Rizal continued speaking out and leading tenants against the injustices oppressing them, including ever-increasing rents, evictions, and the farm destruction ordered by the General. Recognized years later by Ghandi as a forefunner in the cause of freedom, Rizal never once  backed down from his beliefs that his people needed proper representation, strong education, better protection and a better government. Yet, his undaunted courage and determination to improve the welfare of Filipinos was feared by his enemies. They quickly deported him as a rebel. Where many would give up or become discouraged, Rizal used those four years of exile to build a school, a hospital and water dam and supply system that were considered engineering marvels. His sincerity and friendliness won the trust and confidence of everyone, even his prison guards. Shortly after his return, the Philippines began a full-blown revolution. In order to disassociate with the violent uprising, which he felt would not be enough to change the minds of the wealthy Filipinos, Rizal volunteered to go serve victims of yellow fever in Cuba. He was arrested en route to Cuba and sent to prison. A prime example of his character is seen in his return voyage. The guards refused to chain him or touch him because he was known for his honesty. Rizal never took advantage of opportunities to escape. Upon his return, Josà © Rizal was charged with sedition, conspiracy and rebellion and sentenced to death. Without a chance to challenge the charges, Rizal was executed by a firing squad, and buried secretly and without a casket in unholy ground. A monument now stands in the place where he was killed. The inscription reads, â€Å"I want to show to those who deprive people the right to love of country, that when we know how to sacrifice ourselves for our duties and convictions, death does not matter if one dies for those one loves – for his country and for others dear to him.† His life and death was a catalyst that sparked the revolution against Spain and six years later would change the long-held view of the U.S. government that the Filipinos were too barbaric to govern themselves. The U.S. passed a bill in support of a Democratic government in the Philippines after hearing one of his poems read in congress. â€Å"I die without seeing the dawn brighten over my native land. You who have it to see, welcome it and forget not those who have fallen during the night!† – Josà © Rizal

Business Plan for Startup SME Company

Business Plan for Startup SME Company Business Plan for QW Consultancy Situation Analysis SME and Start Up Companies Operating from Cambridge UK and  Relational Competitor Analysis between QW Consultancy and Potential Competitors in Cambridge The situation analysis will primarily address the strengths, weaknesses, opportunities and threats this new company could face in the transition from a theoretical construct to being a viable operative capable of mounting credible competition with other companies willing to offer similar consultancy services, or similar services within the generic and holistic framework of complete corporate consultancy services. The focus will be a relational comparison between Cambridge, UK, where the new company will be based and the rest of the UK, the EU and the international community. This analysis will be devoted to the analysis of these strengths, weaknesses; opportunities and threats (the classic SWOT analysis formulation) specifically within this geographical context. In a lot of ways the vulnerability of SMEs and Start-Up companies is a major strength and opportunity for QW, as the service that QW wish to provide will specifically target small businesses in order to give them consultancy advice in relation to the issues which will be relevant in terms of initial start up processes. Therefore a more complete understanding of the business, economic and social environment that small businesses typically operate in, in regional towns like Cambridge is paramount in building the business acumen necessary to mount and sustain an effective business operation. As Reid (1995) explains: ‘The typical firm†¦.is surrounded by some rivals with regional markets (25 per cent) and others with no more than local markets (20 per cent). A few (2 per cent) operate internationally. The typical firm†¦.can readily distinguish major from minor competitors and has about three of each. Its principal product is a mildly differentiated commodity which it would characterize as ‘similar’ to that of its rivals. Its customers vary in the extent to which they are well-informed. The typical customer is well-informed, and has a least some familiarity with the technical features of the products, and some experience, directly or indirectly, of consuming them†¦.[1]’. It is clear therefore, that QW will rely heavily upon the local economy in Cambridge, a relatively moderately populated location (the population of Cambridge as counted in the last census is represented in diagrammatic form[2] in the schedule attached[3]). Accordingly the success of QW is likely to mainly be contingent upon local factors, which in turn will be heavily affected by local competitors. Also, particularly in light of Reid’s analysis above, QW needs to understand that although it is a novel concept for a consultancy firm to provide consultancy services specifically to the small business sector, and although, according to the business plan it is anticipated that this will fill a gap in the market, QW must not over estimate the uniqueness of their idea. Their idea essentially involves a singular focus on the SME and start-up business sectors in terms of delivering consultancy services. However, if one examines Diagram One ((which gives a breakdown of the main companie s that offers similar consultancy services in Cambridge, UK, and therefore represents the potential main competitors which QW would encounter if they set up in Cambridge, UK) and which the writer has attached in the Diagrams Section, at the end of this document), it is integral to note that a significant percentage of the largest companies offering consultancy services in Cambridge target the same publics that QW propose to i.e. the start-up business sector and the SME sector. Also, it is important for QW to be aware that these competitors, (while they have got a range of services, only one element of which is usually targeted at the start-up and SME sector), still represent a major threat to the economic success of QW. Indeed, this situation will be a major threat to (and weakness of) QW along with the usual threats faced by fledgling companies. Anderson et al. (1993) give us an insight into these more generic threats: ‘Typically†¦business is forced to operate in market niches.These niches are often market segments which are relatively small in size and may be lacking in adequate growth or profitability opportunities, unless skilfully exploited. Limited physical, financial and human resources, a lack of industrial experience and of business acumen on the part of owner-managers†¦.are frequently to blame for poor exploitation of these fragile niches. Nevertheless, if a†¦(business)†¦.is to grow and prosper, rather than simply to survive, over a non-trivial period of time (say more than three years), it must properly identify, develop and implement the requisite business strategy†¦[4]’. Therefore specifically in terms of Cambridge, UK, QW should consider setting up a presence alongside their competitors, with a strong focus on what makes their service unique (including exclusive pricing policies). As these SME and start up company specific services, and similar ones are offered by their main competitors such as Ernst and Young, PriceWaterhouseCoopers and Oakland, and because consultancy itself is such a fluid concept which is often misinterpreted or misunderstood by the end user of the service, QW need to keep two things in mind. Firstly, their planned marketing efforts should be targeted to establish their presence alongside that of their competitors, which will help to differentiate the service QW have to offer. Therefore, QW may wish to consider advertising in the Yellow Pages. Secondly, QW should consider using the voluntary and government sponsored sector within Cambridge to assist them to advertise their service. Therefore, they should potentially consider doing leaflet drops with agencies such as the East of England Regional Development Centre which is responsible for offering assistance to SMEs and Start-Up companies in Cambridge. Also, a similar initiative could be targeted at the St Johns Innovation Centre, in Cambridge which has a similar function. In this way, QW may be able to take advantage of inexpensive advertising for their new company and they will get a high level of exposure to desired publics. QW may also wish to set up a website, as many of their competitors listed in Diagram One have. Also, in terms of safeguarding the unique idea that their proposed company is based upon, QW may wish to consider registering this in order to secure intellectual property rights in their concept, as is their right in light of the developments the law has made in terms of offering intellectual property security. Pietrobelli, C. and Sverrisson, A. (2003) have pointed to the importance of taking such measures and they have also outlined the reasons why a company or product is vulnerable in the absence of such measures: ‘†¦the increase in research and development (RD) costs, the shortening of the life-cycle of products, difficulties of appropriating RD results, particularly in the field of easy-to-copy new technologies (such as computer programs), and the shift toward a global, knowledge-based economy, prompted a far-reaching reform of the intellectual property system (Correa 1994; David 1993)†¦..[5]’. In conclusion therefore, this document has looked at the position of QW in light of their business plan proposals. The piece has been demographically and geographically evaluated with reference to QW’s intentions to locate in Cambridge. Accordingly, the piece has looked at the competitors QW would be likely to encounter in this location and has examined how related factors may impact upon the likely success of QW. An analysis of the generic threats a business may face was looked at as a prelude to the more detailed study of how QW may operate within Cambridge, UK. Bibliography Books Anderson, M., Jacobsen, L. and Reid, G. (1993). Profiles in Small Business: A Competitive Strategy Approach. Publisher: Routledge. Place of Publication: New York. Pietrobelli, C. and Sverrisson, A. (2003) Linking Local and Global Economies: The Ties That Bind. Publisher: Routledge. Place of Publication: New York. Reid, G. (1995) Small Business Enterprise: An Economic Analysis. Publisher: Routledge. Place of Publication: New York. Website http://www.statistics.gov.uk/census2001/pyramids/pages/12ub.asp >>. DIAGRAMS SCHEDULE DIAGRAM ONE QW’S MAIN COMPETITORS OPERATING IN CAMBRIDGE WHAT SERVICES DO THEY OFFER? Apto Consulting Limited Strategic and Business Planning Consultancy Performance Improvement Decision Support Services. Axiom-e Consultancy Financial Management Strategic and Business Planning Consultancy Performance Improvement Decision Support Services. Cambridge Enterprise Business Advice and mentoring for SMEs Funding Advice Financial Planning Cambridge Enterprise Technology Club Networking forum Cambridge Hi-Tech Association of Small Enterprises (CHASE) Networking Group for Entrepreneurs and SMEs Cambridge Strategic Management Research and other Consultancy Manufacturing and Service advice Training Strategic and Business Planning Consultancy Performance Improvement Decision Support Services. Ernst Young Audits and assurance consultancy, Taxation, Business and financial services. Business expansion consultancy Oakland Technical and Market Research Strategic Consultancy Strategic and Business Planning Consultancy Performance Improvement Decision Support Services. Peters Elworthy Moore Auditing and Accounting Tax Consultancy, Business Recovery, IT, Human Resources Recruitment. Price Bailey Forensic Accountancy Taxation Audit and Accounting Services Business Consultancy and Change Management, Financial Planning, PricewaterhouseCoopers Assurance and Regulatory Consultancy Tax services and Actuarial services Risk Management Business Recovery Rapier Management Consultants Corporate Strategy Strategic and Business Planning Consultancy Performance Improvement Decision Support Services. RWA Accountants Tax planning Ecommerce Consultancy Strategic and Business Planning Consultancy Performance Improvement Decision Support Services. Shelford Business Consultants Ltd Business Consultancy Services, Audit and Accounting Services Business Consultancy and Change Management, Financial Planning, DIAGRAM TWO Cambridge The percentages on the pyramid represent the percentage of all males (to the left) and the percentage of all females (to the right) that are in that age group. Age Range Total Males Females 0 – 4 5123 2599 2524 5 – 9 4799 2504 2295 10 – 14 5080 2650 2430 15 – 19 8807 4395 4412 20 – 24 16892 8705 8187 25 – 29 10853 5889 4964 30 – 34 8931 4653 4278 35 – 39 7534 3966 3568 40 – 44 6141 3098 3043 45 – 49 5843 2876 2967 50 – 54 5726 2820 2906 55 – 59 4798 2314 2484 60 – 64 3975 1944 2031 65 – 69 3489 1640 1849 70 – 74 3376 1575 1801 75 – 79 3064 1273 1791 80 – 84 2259 826 1433 85 – 89 1464 431 1033 90 and over 709 158 551 Totals 108863 54316 54547 This page printed from National Statistics Website. Crown Copyright applies unless otherwise stated. 1 Footnotes [1] P52. Reid, G. (1995) Small Business Enterprise: An Economic Analysis. Publisher: Routledge. Place of Publication: New York. [2] Available at: http://www.statistics.gov.uk/census2001/pyramids/pages/12ub.asp >>. [3] This diagram also denotes how many adults this population contains. [4] P121. Anderson, M., Jacobsen, L. and Reid, G. (1993). Profiles in Small Business: A Competitive Strategy Approach. Publisher: Routledge. Place of Publication: New York. [5] P220. Pietrobelli, C. and Sverrisson, A. (2003) Linking Local and Global Economies: The Ties That Bind. Publisher: Routledge. Place of Publication: New York.

Parents Want Vouchers and School Choice :: Persuasive Argumentative Essay Examples

Parents Want School Choice Choice-based reforms, such as vouchers and charter schools, depend on the idea that schools will have to satisfy parents to keep their customers. Thus the wisdom of choice-based reforms depends on what parents want. If parents place a high priority on academics, then schools with strong academic programs will do well under school choice. If parents want their children to learn disciplined work habits, then schools that teach such habits will thrive under school choice. If parents choose schools based on their sports programs, then schools emphasizing sports will succeed. In short, the question "What would parents look for in schools?" is central to the debate on school choice. One way to answer this question is to survey parents. When surveyed, parents overwhelmingly say that their first priority is learning, especially in core areas: reading, writing, mathematics, science, and history. Parents also say that they want schools to uphold standards of hard work, honesty, courtesy, and responsibility. Although parents do not ignore extracurricular activities such as sports, they give them little weight compared to academics and standards of behavior. Many people in the education establishment are skeptical of parent surveys, saying that parents who do not care about academics are embarrassed to say so. They point out that it is not enough for parents to say that they want high standards for academics and behavior. What matters, they say, is how parents respond when their children get bad grades or face the consequences of breaking school rules. Another way to find out what parents want is to see what sorts of charter schools they choose. Most of the 1,700 charter schools in the nation emphasize academics, although their approach varies from back to basics to high technology. Charter schools also strive to create students who are upstanding human beings. No known charter schools so far have academics taking a back seat to sports. The same people who are skeptical of parent surveys, however, are skeptical of evidence based on charter schools. The movement is still in its infancy, they say, and today's charter school parents are atypical. So the toughest test of what parents want may be in areas where it is easy for parents to choose a school because there are so many public school districts. In some medium-sized metropolitan areas, such as Boston, there are more than one hundred school districts.

Commentary on My Writing :: Papers

Commentary on My Writing The text I have written is a letter to a writer in the tabloid newspaper "The Sun". This text is written in a style aimed at an older reader who is qiute educated with the age varying from 30-50 years of age, or a perosn who has similar opioions on some tabloid newspaper articles as the person I have presented myself as. Unlike my first piece, my second piece entitled "extracts from moments in time" is not opinionated, although the sublect is the same, both pieces are presented very differently with the content, audience and purpose in mind. I chose the topic of how the media intrudes on the lives of celebrities, and both texts explore this subject. The second text is in an autobiography style, which explores the feelings of a celebrity on a personal level. This piece is aimed at people from the age of 18-30, because it involves some issues that I feel some people of that age might be able to relate to. To begin with I will look at my first piece. My first piece is highly influenced by one of my inspirational pieces and in it I have included as one of the main topics of arguement quotes form that piece. The formality of this piece is very formal, this is shown by the layout of the letter and the inclusion of of a return address in the top right hand corner. I have used standard english in this peice, which is also another reason for why it is aimed at qiute an educated reader. I have also included some complex syntax which a younger or less educated redaree might find difficult to understand: " I believe that you Sir do not respect many people, or maybe you're acknowledgement of the pain you cause runs so thin that you do not have any idea why I am writing to you, and in such a tone as the one I carry." The use of the complex sentence used above also emphasis's the writers feelings and what is being said.

Capital Punishment Essay -- essays research papers

Susan Smith purposely drove her car off into a lake with her 2 children strapped to the back seats. Think of how they must have felt as the cold water started to fill the car, and then ultimately drowned them. Barbaric is the word I would use to describe her actions. But yet, the jury rejected the death penalty and chose a 30-year sentence instead because capital punishment was not enforced in the state. Broken up from the death of his 2 children, Mr. Smith said, â€Å"Me and my family are disappointed that the death penalty was not the verdict.† I am going to convince you that capital punishment has to be enforced in all states. I will tell you about the problem, the solution to the problem, and what it would be like if my solution is implemented. The problem is that the current criminals that commit these brutal crimes are not fearful enough of the consequences and punishment they have to pay. Life in prison is too easy on the convicts. We have to be harder on them. Another problem is capital punishment is not imposed in enough states. All of the states need to adopt it in the United States for it to be effective. Another dilemma is that it is not fair that an individual who took the life of another receives heating, shelter, clothing, 3 meals a day, and indoor plumbing while a homeless person who does not cause any harm to anybody else receives nothing. An additional problem is the current prisons are very low on cell space. The criminals that have life in prison are takin... Capital Punishment Essay -- essays research papers Susan Smith purposely drove her car off into a lake with her 2 children strapped to the back seats. Think of how they must have felt as the cold water started to fill the car, and then ultimately drowned them. Barbaric is the word I would use to describe her actions. But yet, the jury rejected the death penalty and chose a 30-year sentence instead because capital punishment was not enforced in the state. Broken up from the death of his 2 children, Mr. Smith said, â€Å"Me and my family are disappointed that the death penalty was not the verdict.† I am going to convince you that capital punishment has to be enforced in all states. I will tell you about the problem, the solution to the problem, and what it would be like if my solution is implemented. The problem is that the current criminals that commit these brutal crimes are not fearful enough of the consequences and punishment they have to pay. Life in prison is too easy on the convicts. We have to be harder on them. Another problem is capital punishment is not imposed in enough states. All of the states need to adopt it in the United States for it to be effective. Another dilemma is that it is not fair that an individual who took the life of another receives heating, shelter, clothing, 3 meals a day, and indoor plumbing while a homeless person who does not cause any harm to anybody else receives nothing. An additional problem is the current prisons are very low on cell space. The criminals that have life in prison are takin...

A Description of Cultural Patterns Essay

Cultural patterns are described as the preferred set of responses to different life situations. According to Kluckhohn and Strodbeck’s description of cultural patterns there are 5 dimensions or elements that address the manner in which a culture orients itself to activities, social relations, the self, the world and the passage of time. In the following reflection I will identify each one of these dimensions with the cultural patterns shown in my country. Starting with the activity orientation, which defines how the people of a culture view human actions and the expression of self through activities, we can identify the Puerto Rican culture as a â€Å"becoming† one. A â€Å"becoming† orientation refers to people who are predisposed to think of ways to change themselves as a means of changing the world. Although I do not fully agree on this identifying the Puerto Rican culture, I do agree on other views that the â€Å"becoming† cultures have toward work and play. For example Puerto Ricans do not have a â€Å"clear-cut† separation between work and their social lives. Often you can go into an office and find employees chatting with each other, talking with relatives over the phone or talking about their private lives in a business meeting. The Puerto Rican culture is more relaxed in terms of work compared to the Mexican, Colombian or European American culture, we specifically work for a means to an end and appreciate every second of our leisure time. The social relations dimension describes how the people in a culture organize themselves and refer to one another. In Puerto Rico the degree of importance we place on formality has changed through the years as different generations modify the way we address people. For example teenagers often refer to their elders as â€Å"you† instead of â€Å"sir† or they will say to someone who is serving them â€Å"give me† instead ofâ€Å"may I have†. The Puerto Rican culture generally does not give much importance to tittles, as they believe that relationships best develop when those involved can address informally to one another. Another thing that cultural patterns prescribe are the social interactions people have between them. In the Puerto Rican culture we have African heritage so it’s no surprise when both our cultures prefer indirectness in conversations with other people of our country but do not require an intermediary to do so. Generally, people in Puerto Rico will â€Å"sugar coat† demands or favors in conversations as a way to ask for something but in a indirect approach so the person won’t perceive us as rude or ill mannered. The self-orientation of cultural patterns describes how people’s identities are formed, whether the culture views the self as changeable, what motivates individual actions, and the kinds people who are valued and respected. Puerto Ricans can easily associate with each other, as our individual self-definition is very similar. On the contrary of the European American culture, Puerto Ricans make decisions for their children based on traditions, values and what they believe to be best for them. Although individuals make their own decisions as they mature and grow up when we evaluate from a group perspective it can be said that there is a heightened sense of interdependence and what happens to the group happens to the person. An example of this can be shown in cultural linguistic tendencies, as individuals modify their usual language others do so as well; also the fact that when national catastrophes occur everyone feels identified with the loss or the pain of the others. Because Puerto Rico is such a small island it is almost predictable that individuals can associate their identity with others from the same country even if there is a social status, age, town etc. aspect that differs between them. One of the most interesting dimensions is the world orientation, which tells people how to allocate themselves in relation to the spiritual world, nature and other living things. As we know Puerto Rico has different heritages because of the cultures that have influenced us trough the colonizing process, so it is not strange that our spirituality relates mostly to the European American beliefs. The general belief in our culture is that human beings can prevent, postpone or overcome natural events such as earthquakes by making buildings stronger, finding cures for illnesses and prolonging the time of death of a sick person. As technology constantly â€Å"improves† individuals believe they have the power to control nature instead of nature controlling them. Despite the fact that we are most influenced by this belief we still have the Latino influence which leads us to believe that we will be measured by our actions in the spiritual world where our souls will rest. The final approach of these cultural patterns is the time orientation, which can be defined as the way individuals conceptualize time. The cultural frame to which the Puerto Ricans relate is the Latino; even though we do not think time is endless we don’t take time as seriously. That is the reason why people are constantly late for everything, from a birthday party to work and even to Sunday mass. Time is mostly seen as ongoing and useful to maintain order, but not of the utmost importance. Analyzing these cultural patterns one can have a more accurate sense of how culture determines the identity of a country and how things like the importance of work and social time can influence so deeply the way a whole culture behaves. Also it gives you the opportunity to compare and contrast with other countries and learn how other people can have a completely different share of values and see life in such a contrasting way. Most importantly I believe that by studying these cultural patterns one can be more sensible to other people’s needs and have more respect for their culture instead of wanting to impose ours.

Human Factors in Technology Essay

Companies directly more than ever atomic number 18 equal to utilize applied science to be serve to one go by means of that the compeverys apprises and morals be pronto for sale to their employees and dickens technologies give up pawns for handlers to compel companion policies in relation to ethics. Companies purpose tools much(prenominal) as Microsoft Sh atomic number 18 school principal as salubrious as an indispens adapted Intranet for posting its values and ethics devising them easy to find as healthful(p) as tools for understanding them. By doing so the connection stub then get word that there isnt really any excuse that can be apply for not being aware of the ethics and therefore create a postcode tolerance for honour equal to(p) violations by its employees. engine room supports several tools for managers to be able to monitoring device their employees use of pro views since many companies are opening up the use of the internet at fail fin ding value in allowing their employees to use the internet oddly social media while at work countenance to check out that the practise is within the compliance of the companies values.Some of these tools range from having each employee sign a substance abuser pact during the initial hiring process making it prepare up front what type of usage is appropriate and spelling out what are clear violations of the usage policy. IT departments nowadays are able to put into place arrangement that will monitor and alert them to a user that may create every intentionally or unintentionally fox ended up at a web put that would contain capacitance that violates the companies respectable standards. When this happens typi call optiony the companies monitoring parcel will warn the individual that this site is not approved for use at work as well as send a message to their manager letting them know there has been a website accessed that isnt appropriate. This then gives the manager the probability to talk with the employee and establish if the site is real inappropriate at work or if the user truly did not denominate to access that site. This type of environment can be viewed in a duette of different ways, one would be a big brother approach that the come with is constantly watching everyplace its employees shoulder joint creating a socialisation of suspicion and mistrust.another(prenominal) view could be seen as a company taking responsibility for the resources it provides to ensure their employees are one remaining productive, two maximizing assists provided to the employees rather than wasting company clipping and cost for the technology and of var. ensuring that the activity whether on break or during work hours does not violate the companies ethical standards. Technology provides valuable tools for human resources professionals today such as conducting background checks, maintaining consumption records. There are several study areas in which HR h as been changed dynamically done the advancement of technology and the effect that it has on corporate culture.These areas are Recruiting (choosing the best qualified applicant for the joke), Evaluations (metrics or best practices for metre performance, pay scales and benefits packages), educational activity within HR growing career managers, keeping up to date on labor laws and regulations and Retaining the genius pool (keeping a low turn-over) (ELLEN A. ENSHER, 2002). Recruiting has certainly seen a shift from advertising in the classifieds and job boards to internet search engines such as LINKDIN, usajobs.gov, monster.com, indeed just to name a few these sites allow job seekers to post their resumes and qualifications, and search for openings with companies all over the world.These sites also allow for recruiters to conduct searches for electromotive force applicants who have the qualifications they are looking for. This has guide to a quicker turn roughly time to findin g and filling positions with the best-qualified applicants, embossment of use for HR professionals as well as the cost savings for companies that utilize to utilize head hunters and the time it took for recruiters to prove door applicants from all over the country. Another tool that has saved money and added convenience for two(prenominal) HR professionals as well as applicants is the ability to send questioners, interview with applicants through software such as SKYPE that utilizing both video and phone versus travel be and online assessments (such as typing tests or call center simulations) (ELLEN A. ENSHER, 2002).Performance measurement tools are making improvements but not as quickly some methods that are available are tools that allow managers to be able to capture screen shots and track deed levels through software. In call centers a manager is able to provide filters for particular(prenominal) types of calls to evaluate such as time parameters or other criteria when the call meets the criteria the screen records the entire transaction along with the audio from the phone call for performance management afterwards.Benefits discourse has seen changes in the way they are handled and processed through newer technology. Employees are able through the internet or intranet to be able to review benefits, sign up for benefits or make changes as well as research differences between benefits packages to ensure the package is a good fit for their situation (ELLEN A. ENSHER, 2002).Training and Professional victimization has always been vital to ensure that companys employees are able to have the right educate and knowledge to provide the most productivity. An important key to training is continual update training as newer processes are implemented or technology itself how to provide the training quickly for a seamless transition. Companies are able to provide step by step modules development what appears to be live screen shots off-key for the employe e. The system will provide book of instructions on how to perform a melt down or task and then have the trainee perform the task, providing feedback if the user clicks in the prostitute place or chooses the wrong command. This allows for closely real time experience handling using training accounts avoiding costly errors. This plant life has shown to be more beneficial since the user is seeing the same screen and commands, as they will when using the actual system. oddmentTechnology has provided tools in todays workplace that allow companys to help train and manage ethical guidelines, in turn shaping the culture and work environment for its employees. Human option Management through innovative technology is growing and saving companys money in using newer methods for recruiting, retention, training and benefits than ever before.ReferencesChapman, A. (n.d.). training and learning development. ( alan chapman 1995-2010 ) Retrieved declination 01, 2012, from Business balls.comhtt p//www.businessballs.com/traindev.htmElizabeth Regan, B. O. (2002). passing Individual and Work gathering Technologies. Retrieved declivity 11, 2012, from University of Phoenix https//ecampus.phoenix.edu/ suffice/eBookLibrary2/content/TOC.aspx?assetdataid=0c85207c-4579-445d-b2e5-278c996a3835&assetmetaid=9f9341ec-776c-4a2c-8e8c-422fc4e5f1feELLEN A. ENSHER, T. R.-V. (2002). Effects of the Internet and Technology on HR Processes. Retrieved JAN 14, 2013, from Organizational Dynamics, www.organizational-dynamics.comSpears, S. (2012, DEC 13). Implement a New Technology Plan. Retrieved DEC 23, 2012, from University of Phoenix https//classroom.phoenix.edu

DEVELOPING STRATEGIC MANAGEMENT AND LEADERSHIP SKILLS Essay

IntroductionLeadership and management, these are two words we use on daily basis. But the questions like how do we realise good leaders, what qualities, attitude, style and behaviour do they exhibit, are frequent. The ability to lead is not connected to education, although most leaders what are intelligent people. Many qualities required for a leader are also possessed by managers.Although it is unique to everyone there are a total number of common ways.I think, by developing our leadership skills, we are assured a more rewarding and successful career. There is no doubt that, leadership potential can be developed. With commitment, effort and practice, anybody can move beyond the skills you how are born with to be an excellent leader.â€Å"The most dangerous leadership myth is that leaders are born—that there is a genetic factor to leadership.Leadership differs to direction.

Bennis. Globalisation has resulted in diversity. To maximise contribution, each organisation and its managers are now challenged with creating inclusive cold working environment. They need to understand effective leadership style and culture to build trust and effective relationship.There are various means of considering leadership, that vary extract from focusing on the character traits of leadership that is excellent to highlighting facets of the scenario that help determine how folks lead.The strategies how that were effective yesterday are not necessarily effective in the same situation today†-QuinnLook more:  strategic management process essayIn order to face the growing competition in the market, it is very urgent for organisations to build potential leader. Developing strategic management and leadership skills should be a part of organisations’ actions.1.1 Explain the link between strategic management wired and leadership Strategic Management consists of t he analysis of any organisation, decision making and necessary actions in order to create and sustain competitive advantages.It is merely one of many other assets a thriving manager must possess.

Usually it is considered as the responsibility for the overall direction of the organization sums up what strategic management is all about. It can consider also define as the process of identifying and executing the organisation’s strategic goals (mission, vision and objectives) by matching its capabilities with the demand of its environment.Strategic senior management contains a set of managerial decisions. Leadership is the ability of a person to get other willingly to follow.Its something which is accomplished when a individual motivates individuals in a group.Equally, a good leader free will also be a manager. Majority of practical people are interested primarily in what they have to do, and not whether it should be labelled ‘leadership’ or ‘management’ or both. â€Å"It is very true that I have said that I considered Napoleon’s presence in the field equal to forty thousand other men in the balance† —Duke of Wellington. Difference between strategic management and leadershipManagement| Leadership|Intended to plan, organize, co-ordinate and evaluate| Job is to inspire and motivate| management administrate the organisation| Leaders innovate | senior Management tries to maintain the organisation| Leaders tries to develop| Focused on system and structure| Focuses on people|They focus on the present situation | They look towards future| React to problems logical and issues| Proactive to issues and problem| Prefer to control| Knows how to delegate|Minimising risk| Taking risk|  There are thousands of examples for leaders in the world.Leadership and top management arent synonymous.

2 Analysis of impact of management and leadership styles on strategic decision There are different leadership and management styles. Different various styles work well in different situations. They are based on different assumptions and theories. Strategic decisions taken by leaders depend upon their style.Leaders that are supportive understand and good sense women and men feel.2. Democratic styleThe leader involves employees in the decision making. This kind of style is usually appreciated by the employees or subordinate. how This style would bring problems in a situation where there are wide ranges of opinion and there is no well-defined way of taking the first final decision.They also need to make sure they manage change effectively.

Transactional leadershipThe assumption behind this kind of leadership is that people how are motivated by rewards and an organisation work well with a clear chain of command. This kind of leader works thorough creating all clear structures. Subordinates duty  will be well defined and also the reward they get for following the orders. Punishments are not always mentioned, but they how are also well-understood and formal systems of discipline are usually in place.Your leaders are the best factor on your companys capability.Transformational leaderThis style is based on the assumption deeds that employees will follow a leader who motivates them and a person with vision and passion can achieve anything. Transformation strong leadership start with the development of a vision, a view and path to future. That will excite and converter the employees. Transformational religious leaders are so committed always.Youre a pioneer, even in case you dont know it.

Understanding the situation 3. Applying appropriate skills and techniques.Leaders having different styles empty can have different levels of key elements. So the way and level in which they identify their personality can differ."Every leader has a certain style of political leadership thats innate.Especially when a strategic decision needs to made quickly. The impact of this style is for many people, this style feels harsh, a first great possibility of demotivation. Rest of people  assured leader can demonstrate consideration and compassion for team while using the Autocratic style, even though the team is not directly involved in the decision. There are situations in which leader wants input from employees or teams.Leaders are common now.

There is a more common thought that leaders who listen considerately to their follower’s opinion before making final decision get good result as compared to non-listeners. In the case of democratic style, the leader gives up ownership and control of a decision and allows the group to vote. Advantage of this own style is fairly fast decision, and an amount of group participation. No organisation or leader can implement a single style to deal with the multitude of decision that needs to be made during change process (Nancy, 2007).It could mean the folks who own and short run the company.Charismatic leadership style got few drawbacks. The complaint against Lord Browne was administration by media and business associates fuelled his charismatic new style and he ignored day to day core business activities.1.3 How leadership styles can be adopted to different situations? Success of an political organisation or a group dependent on the effectiveness of the leader.When employees are empowered theyre more prone to make decisions which are at the very best interest of the particular client and the organization also.

Leaders must be up to date of the situations. Leaders must be prepared to step in and show the way in all kind of situations.Different style can be adapted to different situations in relation to 1. Business- situations 2.Are such far more likely to reveal their very own loyalty the moment it matters.We know that high risk situation needs very strong and active direct involvement by the leader to keep it control. The people or team members: – In every organisation, there will have different different kind of employees or members.Differ by characters, talents, skills, attitude etc. identifying the team members is a tough task.IT leadership theory Learn the best way to be.

He made a resolution to transform GE into one of the world biggest firm. With his unique leadership style and character, Welch made history during his 2-decade journey at GE. His way of leading was based on some concepts. Lead, not manage:- according to him political leadership can be found in as long as they come up with good ideas and can energize rather than depress and control.Face reality: – good company was losing its market values and there was too much bureaucracy when Jack Welch joined the company. He realised the social realities and brought out strategies and  initiatives that made things better. Simplify the business: – his goal at GE was simplify the business. He didn’t think deeds that business had to be complicated.It can mean opportunities, good ideas, new business or new products (kevin, 2007). Lead by more energizing others, not managing by authority: – Welch called his leadership ideal ‘boundary less’, which means an open organization, free of bureaucracy logical and anything that prevents the free flow of ideas, people and decisions (kevin, 2007). His choice was inspiring others to perform well. red Lead by doing- one of the leadership style adapted by GEInformation technology is critical to the future of GE.The basic assumption behind the theory is that individual characteristics’ make how them suitable leaders only in certain situations. Each situation requires a leader to vary behaviour to fit the conditions. In other words, there is no right or wrong way in leading all the time. Fred Fiedler’s contingency theoryIn 1967, Fred Fiedler proposed his contingency theory.

According to Fielder, the direct relationship oriented style is more effective in situations which are intermediate in favourableness. When an intermediate situation is present, the leader can self help to build confidence and cohesion by focusing on the personal needs of the individuals (Henman, 2007). Hersey and Blanchard theoryIt is another situational theory. This economic theory was introduced 10 year after Fiedler’s theory.That is, followers are not mature or immature in any total or chronological sense; rather, they have varying degrees of maturity depending on knowledge of or experience with a specific goal (Henman, 2007). Leader-style theoryThis theory was introduced by Vroom and Yetton. They explain the different ways leader can make decisions and necessary following guidelines for leader in order to determine the extent to which subordinate should participated in decision making. Charismatic leadershipCharisma, as explained by Max Weber, is a certain good qual ity of individual personality, by virtue of which he or she is apart from ordinary people and treated as a personality with exceptional power or qualities.An effective leader needs to diagnose the needs and wants of followers and then react accordingly.The impact of different theories of management on organisational strategy will be different. giant IBM needs extraordinary leaders who can create high-performance work climates and foster employee engagement; people who not only succeed but enable others to as well. A disciplined process of identifying and developing high achievers and leaders has been a main stone of IBM’s strategy to regain market political leadership in the IT industry.As Fiedler explained, task oriented leaders are very effective when conditions are favourable or unfavourable. When conditions are favourable, members relations how are strong, there is a positive relation between team and leader. Hence new strategies can bring and work it out well so easily. In unfavourable certain circumstances or in stressful situations, a leader’s structure and control can remove undesirable ambiguity and the anxiety that goes with it.

2.2 Create a leadership strategy that support organisational direction Leadership strategy for General ElectricsThe General Electric Company, or GE, is an American multinational conglomerate corporation incorporated in New York. Company operates in five sectors via energy, technology infrastructure, capital finance, consumer andindustrial.It old has been almost a decade since Jack Welch retired as GE’s chairman and CEO, the brain behind the success of GE.If we consider their way in which they lead, and how their decisions, it is clear that they preferred transformational leadership style. Even though both used the same style, Jack Welch had been more opposite extreme than his successor. Leadership strategy: – choosing a best leadership style is the major step in leadership strategy. Leadership at company such like GE is very crucial.It is concerned with emotions, values, ethics, standards, and long-term goals and includes assessing followers’ motives, satis fying their needs, and treating them as full human beings†- (Northouse). The reason behind the selection of this leadership style is this style motivates the followers. The leader and followers are full well aligned in this system. A transformational leader can motivate the followers by setting challenging goals.We have seen the different leadership style and their impact on organisation. Even though, no particular leadership style is better always. It depends on the situations. The best style GE can use is transformational leadership because of based its unique advantages.

The leaders should have collective capabilities like providing direction, motivate the followers, engaging employees in decision making and to gain their active support in implementing planned cross-functional actions, implementing successful innovations, adapting to change, ensuring transparency just like former leaders, developing talents logical and being responsive to customers like Jeffrey Immlet. Since the corporate strategy is becoming more global, it require greater cultural sensitivity among leaders, enhanced representation of different geographies at top level, enhanced language skills to enable cross cultural relationships and greater understanding of local laws and business arrangement in strategy making.3.1 Use appropriate different methods to review current leadership requirement We know the important of leaders.These programs build perfect foundation for accelerating  learning and development in a particular domain, from commercial to operations, from human res ources to information management, from finance and communications to modern technology (GE, Leadership Programs, 2013).There are more than 300,000 employees in GE. The company operates through different sector. GE consistently ranks as the most admired and respected new company in the world.CEO of GE believes that ideal situation for a global firm was to have its factory on a barge that you could first move around the world to wherever it was the best competitive environment at the time. Their strategy is to expand business globally, instead of just looking for alliances.Fast moving anti Globalisation opens new opportunities for a global firm like GE. Hence leadership requirement at GE is tremendous.But they need leaders not only in quantity great but also in quality.3.2 Plan for the development of future situations requiring leadership Requirement of leaders in the GE increases. Leaders are logical not only required in the top level but also in the various bottom levels also.

Leadership Programs: – GE has various leadership programs. As part of their strategy to achieve commercial excellence and drive organic growth, they are developing a pipeline of strong sales logical and marketing leaders at GE through  the Commercial Leadership Program (CLP).CLP offers a curriculum that boosts the development of commercial skills and various techniques that are critical to success in all GE businesses. CLP prepares candidates for a successful career in sales or first commercial operations by providing the opportunity to learn about GE’s products, industry, and customers while making valuable contributions to the on-going success of GE.As compared to their profit growth, they need more to build leadership qualities in their employees. Human resource leadership program: – In GE’s Human Resources Leadership Program people are gaining real-world business experience, contributing to GE businesses and getting in first line for HR leaders hip roles across the company.HRLPs can build countless HR leaders within GE. Experienced commercial leadership programs: – The Experienced Commercial Leadership Program (ECLP) prepares time MBA graduates and experienced professionals for GE leadership roles in marketing and sales.But under certain specific condition, they need specific skills. The more basic skill required for leaders are explained below.Integrity: – this is the basic quality of a leader. This quality makes people trust the leader.They can speak openly logical and accurately about their limitations. Self-regulation: – People who are in control of their feelings and sudden  temptation are able to create an environment of public trust and fairness. Appropriate self-regulators are usually thoughtful and resist making impulsive decisions. These are definite qualities of a good leader.

Communication skills: – to deliver leader’s idea properly, private communication skill is very necessary. A good communicator can pay attention and listen carefully. Lead by example: – One of the best ways to red lead is by example – use where needed, lending a helping hand, and making sure that the work you do is clearly understood by apply your team. Leadership skills strataplex: –Leadership skill requirements are often described as being stratified by organizational level.They are comprised of those skills related to basic cognitive capacities, such as collecting, processing, and disseminating information and learning and are the fundamental skills required for a large portion of the activities in which political leaders are engaged (Mumford, 2007) .These skills include skills like oral communication, written communication, ability to learn and adapt etc. 2. Interpersonal SkillsThese are skill relating to interacting keyword with and influe ncing others.Strategic SkillsStrategic skill requirements are highly conceptual skills needed to take a systems perspective to understand complexity, deal with ambiguity, and to  effect political influence in the organization (Mumford, 2007). This includes skills for planning, visioning etc. â€Å"Leaders are not born, they are grown†- this is the word by the heavenly father of management, Peter Drucker. Leadership ability is not an inborn skill most times.1. Entry level program or Commercial leadership program (CLP) is an example for it. The CLP is a 12 to 24 month program that develops marketing and sales skills through a strong very core curriculum and challenging assignments. 2.

The ECLP program consists of three, eight-month rotational assignments within the marketing and sales functions of one of GE’s businesses (GE, Experienced Program, 2013).4. normal Operation management Leadership program (OMLP): OMLP accelerates development of entry-level talent and produces leaders capable of meeting the challenges facing the Operations, Supply Chain, Manufacturing logical and Quality functions at GE (GE, Entry level program, 2013).4.Commercial leadership program (CLP) provides candidates with valuable training, personal experience and exposure to a team of motivated colleagues and helpful mentors that can accelerate their careers. HRLP (Human Resource Leadership program) has created countless generations of HR leaders at GE. The program continues today and still focuses on taking talented people, providing forgive them with globally diverse challenging experiences, and developing them into world-class HR leaders. Candidates will have formal training, ro tation, seminars, business molecular simulations and community service activities.Another way of developing leadership skills is to get familiar with your followers. It will great help you in understanding their feelings and their needs, which in turn will help you in managing preventing their needs. Different plan for the development leadership skills includes conducting seminar, training programs, meetings, job rotations etc.ConclusionThis assignment is used to explain the important link between strategic management and leadership.Style should be adapted according to the business situation, team members and culture of the organisation. Different leadership theories are discussed in the assignment. Situational theories and contingency theories have been applied. The situations in which different theories can be applied are explained.

In this competitive world, organisation best can only sustain if and only if they can bring strong leaders.There are different ways of enhancing the leadership skills for future requirements. And there should be a plan of developing these skills. The new plan should cover all the current and  future needs for leadership and is helpful in the overall progress of the organization.Leadership style : A powerful model. TJ. Derue, S. (2011).Entry level program. Retrieved 2013, from www.ge.com: http://www.Retrieved may 5, 2013, from www.ge.com: http://www.ge.

ge.com: http://www.ge.com/careers/culture/university-students/experienced-commercial-leadership-program/india GE.com: http://www.ge.com/careers/culture/university-students/experienced-commercial-leadership-program/india GE. (2013).ge.com/careers/culture/university-students/information-technology-leadership-program/india GE. (2013, January 1). Leadership Programs.com/in/careers/leadership_program/index.html Goleman, D. (2004). Leadership That Gets Result.