Management and Human Resource - 7588 Words

Managing Human Resources in Health and Social Care Student No P1017836 and name: Cassa Petronel Lecturer: Justine Mbang Group: 82B Introduction This essay is about Human Resources Management in St-Patrick’s Nursing Home. Human resources Management is a distinctive approach to employment management which seeks to achieve competitive advantage trough the strategic deployment of a highly committed and capable workforce, using an integrate array of cultural, structural and personnel techniques.(Armstrong, 2009, p.5). Human Resource cannot be appropriate if the Human Resources Planning is not in place. Human Resources planning is the process for ensuring that the Human Resources requirements of an organization are†¦show more content†¦Health and safety Acts 1979. According to (Armstrong, 2009, p.994). Health and Safety Acts is the Act that cover how the organization intends to provide health and safe place and systems of work. Therefore, to maintain a health and safety environment at my workplace and for people who are under my management: employee, service users and visitors, I ensure that I carry out risk assessment before and after any task, ensuring that everyone at work place are safe. I identify and minimize the risk of hazards and accident e.g. I remove the obstacles, I ensure the environment is clean and clear, Ensure the materials and equipments are kept in a safe place etc. Equality Act 2010: this act is designed to protect people from being discriminated of their race, age, disability, sex, religion or belief. (St Patricks College, 2013). When I do recruiting and selecting candidates I use this act and take consideration the application forms, CV, qualifications, ability, of employees and job applicants fairly and equally. I demonstrate the use of these laws to provide the basic employment protection for the employees and St Patricks nursing Home. I threat every one fairly without any discrimination. I display my advert in internet, agencies and job centre. I set out the job description, I collect application forms and C.V and I carry observation carefully, then the successful candidates I select them to be interviewed then psychometrical test isShow MoreRelatedHuman Resources Management : Human Resource Management1140 Words   |  5 Pagesa business efficiently? Human Resource Management (HRM). Human Resources is the solid foundation that practicall y oversees the entire organization, whether its managing employees to surveilling the progress of every single department. There are six principle functions that Human Resource take into account: employee relations, recruitment, compliance, compensation and benefits, training and development, and safety (policies/regulations). Over time Human Resource Management has taken a new role intoRead MoreHuman Resources Management : Human Resource Management835 Words   |  4 PagesHuman Resource Management â€Å"They humanize the brand and help workforce communities thrive† (Who). A human resource management position may be the job for you. Every business and enterprise has a human resource manager, including Starbucks, Disney and even Apple. This job includes planning and coordination, organization, consulting employees and to oversee the work and employees. All the schooling and stress that comes along with this occupation pays off in the end with an enjoyable job. HumanRead MoreHuman Resources Management : Human Resource Management1398 Words   |  6 Pages Human Resource Management Overview Tanya Phillips Dr. Andrea Scott, PhD HSA 320, Strayer University October 31, 2016 Human Resources Management Overview Human resources (HR) is the different kinds of clinical and nonclinical responsibilities for public and individual health involvement. The benefits and performance the system can deliver depends upon the knowledge, skills and motivation of those responsible for providing health services. Human resource managers don’t directlyRead MoreHuman Resources Management And Human Resource Management2123 Words   |  9 PagesIntroduction The study of human resource management becomes a major topic of the science of management at the beginning of 20th century and keeps attracting researchers’ attention (Merkle, 1980). The new models of human resource management derive from the advance of management theories and the accumulation of practices and experiences. With the development of global economy, the economic situation of each country deeply affects the world and becomes closely connected. In addition, the needs of customersRead MoreHuman Resources Management : Human Resource Management2534 Words   |  11 PagesIn most cases managers look at human resource management as an expense to a company rather than a source of benefit to the company however, research has proved that human resource management practices can be of greater value. Valuable decisions such as whom to recruit, what package to offer, the training necessary for the new recruits and how to assess employee performance directly affects the employee motivation and as such do affect the ability of the employee to provide products which the consumersRead MoreHuman Resources Management : Human Resource Management958 Words   |  4 PagesHuman Resource Management Overview As we all know when it comes to every business and organization that is out there, they all need help from Human Resources to continue to help the company grow. What is human resource management? Well Human Resource Management is the overall process that deals with how Human Resources manages their employees as well as different issues that can come across within the organization. Human Resource Management are in charge of different tasks including recruiting asRead MoreHuman Resources Management : Human Resource Management820 Words   |  4 PagesHuman Resources Management Proper Planning is one of the most important aspects of human resource management. Without proper execution of plans, the particular needs of an organization that are the responsibility of human resources will not be reached, and therefore, will fall short of what is necessary for meeting the goals of an organization (DeCenzo, Robbins Verhulst 2013).There are many facets a human resource manager must be familiar with in order to run an organization. The functions of humanRead MoreHuman Resource Management : Human Resources Management1264 Words   |  6 Pagesand research with my family, I decided to go into human resource management, specifically in a hospital. Many people questioned and often said â€Å"Why human resource management?† My answer, I chose human resource managers because I believe they are a vital part of a hospitals success. They make the plans, they direct the staff and they coordinate how people work together and where they need to be. Throughout this paper , I will describe human resource managers- what they do, what are the requirementsRead MoreHuman Resource Management : Human Resources Management Essay1010 Words   |  5 Pageshave chosen to study this semester is Human Resources. The position I hope to have in this field in the future is in Human Resources management. Human resources is the division of a company that focuses on activities relating to employees. Human Resources staff search for new recruits, use their knowledge and work to find the best person for the job. Human Resources management are a vital link to the overall structure of a company. Human Resources management dates back as early as the 1920’s whereRead MoreHuman Resource Management And Human Resources1243 Words   |  5 Pages Human resource management Introduction As storey (2001) explains that human resource management concept is typical approach to business which quest to achieve competitive advantage through the strategic disposition of dedicated and committed human work force using array of values, culture, personnel and structural techniques. In simple word Human resource denotes to employees that help to run and drives an organisation which is also the main workforce of any organisation

Business Pl Marketing Plan - 2493 Words

BUSINESS PLAN Bradkir Foods Derek A Rotz, Owner August 21, 2016 1. EXECUTIVE SUMMARY 1.1 Product Bradkir Foods will make premium pie filling for every pie filling need. All different types of pie filling will be made with only the best fruit and ingredients. The pie filling will be made with non GMO ingredients and all the fruit in the pie filling will be fresh ingredients. 1.2 Customers Our target audience will be any household that has a desire to make a pie or have a need for our pie filling. Pies are a must around the holidays so we target certain occasions that a pie may need to be made. 1.3 What Drives Us Although the food processing business is highly competitive, we believe that there is a place for†¦show more content†¦Working as a team to maximize the total return to our growers which is derived from: the premium we pay for their fruit, and the efficient marketing of products using their processing fruit, as well as any other products in our portfolio. 2.2 Organizational Structure Bradkir Foods is a Co-op. We will be forming a company with a board of all the fruit growers in the co-op as well as 3 internal board members. Having the growers be part of the board will let them be a part of the company they are helping to build. The 3 Internal people we will have on the board will be the President of the company, the Vice-president, as well as the Vice-president of the raw fruit department. Under the board of directors will be the vice-president of each department. Working bellow the vice -presidents will be /secretary treasurer as well as plant managers who oversees the day-to-day operation of the plant and delegates jobs for employees working on the plant. A marketing/sales manager position will also be implemented into the structure. The simplicity of the structure makes it a perfect fit for a small company like Bradkir. The organizational structure avoids being top heavy in that the responsibilities are spread out and the owners will select the roles of Presid ent; Vice-president. This allows the board to select

Aid For Airline And Its Impact On The Tourism Industry

Aid for Airline? Qantas airlines are an iconic Australian business, which has heavily shaped the tourism industry. However in the 2013-14 financial year, (Qantas, 2014, pg.1) due to falls in revenue, growing competition and high expenses the airline reported a 2.8 billion dollar loss. (Mccrann, 2014) It was then that the company felt it required government support to assist them in getting back on their feet. Commonly referred to as a â€Å"bailout† and in this case more specifically a â€Å"debt guarantee†, this would involve the Australian Government covering Qantas’ debts, should the company collapse. (Mcllroy, 2014, p9) There were mixed views on this particular issue between different MP’s, different political parties and against Qantas itself. After much debate on the issue however it was declared that the Government would not grant a debt guarantee to Qantas. (Coorey, 2014) This essay takes into account both sides of this debate and explains why the ultimate decision by the Government not to financially support Qantas was justified. From July 2013 to July2014, Qantas reported a statutory loss of 2.84 billion dollars (Qantas, 2014, p1) and job cuts of approximately 5,000. (Boyle, 2014, p3) According to some commentators continued decline of this scale would bankrupt the airline. (Mccrann, 2014) There are several explanations as to why Qantas was struggling so much to remain profitable. One being an increase in fuel costs of 6 per cent ($253 million). (Qantas, 2014, p1)ThisShow MoreRelatedImpact Of The Internet On Global Commerce1281 Words   |  6 Pagesproblem here is that if you don’t get there first with the new idea you may face significant challenges in entering the marketplace. Many global market forces directly impact these brick and mortar establishments as well as service related industries. Technology is one such factor that has had a major impact on just about every industry. The internet has forever changed global commerce. Other global factors include terrorist attacks such as those that took place in Paris and Belgium in 2015. This impactedRead MorePost-Communist Transition Economies Touched by the Euro Zone Crisis1360 Words   |  6 Pagesunsuccessful companies operating in European Union. The positive Unfortunately the collapse of Malev Hungarian Airlines, who has ended its operations in the beginning of 2012, was mostly caused by its debt to which Hungarian government was not able to pay anymore. By the high decline of tourism during couple of yeard under Euro Zone crisis, airlines lost most of their clients peremptorily. 2. The impact of the Euro Zone crisis on post communist transition economies Transition economics is a special branchRead MoreDelta Air Lines, Inc.1408 Words   |  6 PagesAir Lines, Inc. is a provider of scheduled air transportation for passengers and cargo throughout the globe while based primarily in the United States. Despite extreme competition, Delta maintains its strong market position on the global scale. The airlines began operations in 1928 as a small local US based air Transportation Company aimed at providing reliable travel. This paper will discuss the management functions utilized that have helped Delta pursue in a future time period and how those objectivesRead MoreTourism As A Source Of Revenue Managing Destinations Essay1644 Words   |  7 Pagestoday’s competitive economies and with growth of tourism as a source of revenue managing destinations is an important and integral part of controlling tourism’s environmental impacts and promoting sustainable tourism in the region. Destination management includes planned business permits to organizations, land use planning, environmental and other regulations and various other methods for the development and operations of activities related to tourism. According to UNWTO â€Å"The programme for DestinationRead MoreThe Growth Of The Aviation Industry1768 Words   |  8 Pagesexamine the growth of the aviation industry, the changes and developments that have transpired, the implications of this changes and how it has affected the demand for a ir travel. Also, with evidence from current research materials, this essay will show how future innovations will impact commercial aviation. Aviation or Air travel began as far as the 6th century, where the Chinese and the Greek used kites and other primitive measures to attain flying. This industry has gone through some historicalRead More Impact of Terrorist Attacks on Tourism and How to Prevent Acts of Terrorism3146 Words   |  13 Pagesshocked, devastated, and furious. Many innocent American’s lost their lives on this infamous day. While airports and airlines are not free from security breaches, a set of new security measures and requirements have been implemented by the International Air Transport Association and the International Civil Aviation Organization (Beirman, 2011). Increased security at airports and airlines, have left terrorists to target more vulnerable areas such as tourist destinations. Attacking tourists’ spots suchRead More Severe Acute Respiratory Syndrome in Taiwan2041 Words   |  9 Pageshit the world, including Taiwan. The unfortunate pandemic shattered Taiwan’s tourism in dustry and the nation’s image of a safe tourism destination region, thus affecting Taiwan’s economy. The Taiwanese government, as well as others that were affected, placed restrictions of varying stringency on domestic and international travel due to the cases of SARS. Therefore, precautions were taken and Taiwan’s global travel and tourism system deteriorated. Having Japan and Hong Kong as Taiwan’s two main sourcesRead MoreDiagnosing The Change : Managing Organizational Change Essay1413 Words   |  6 Pagesto the organizational performance. For my research project, both airlines Delta and United Airlines have environmental factors that have affected their performance. Jet Fuel prices have driven up the operational cost of both companies. Internal factor such as unions and employee issues have impacted the both the airliner’s performance and have also impacted the top line and bottom line of these two merged companies. Both airlines have had to m ake some tough decisions in terms of downsizing employeesRead MoreBombing Of The National Security1560 Words   |  7 Pagesanalysts believed that with the six Federal Rate cuts, the United States economy could avoid recession. Then came September 11th an attack that shook the nation. Never had an attack been made on United States mainland soil. Two United and two American Airline airplanes were hijacked by terrorists and flown into strategic targets in America. There were at least four to five hijackers on each plane. They were armed with knives, and having at least one person among them capable of piloting the plane. TheRead MoreAirline Pest Analysis2691 Words   |  11 PagesIntroduction Ryanair is headquartered in Dublin, Ireland and operates a low-fare, no-frill scheduled passenger airline. Ryanair serves short-haul, point-to-point routes between Ireland, the United Kingdom, and continental Europe, making Ryanair Europe ¡Ã‚ ¦s largest low-fare airline. It has destinations in 13 countries with 76 low-fare routes. Its fleet consists of 21 Boeing 737-200s and 21 737-800s. Launched in 1985, Ryanair ¡Ã‚ ¦s growth has been extraordinary. Ryanair currently employs a team of 1500

Prayer Within Public Schools The United States Is A Free...

How can we say that the United States is a free country when we can not openly express our religious beliefs in public? Prayer within public schools has begun a significant debate amongst people in society today. This has been a controversial topic in the United States for approximately over 50 years. Many argue whether or not it is socially appropriate to have education and religion in the same place. People have made various reasons about why or why not prayer should be prohibited in public schools. There have been countless court cases and discussions all over the nation regarding this topic. According to Karen Ridder, â€Å"A prayer in New York caused the first U.S. Supreme Court Ruling on prayer in public schools: Even though it was the middle of the Cold War, a non-denominational, optional prayer known as The Regent’s Prayer got caught up in the 1962 case of Engle v. Vitale† (Ridder). This comes to show how the prohibition of school prayer has been an issue for a significant amount of time. While this is a very disputatious topic, prayer should be allowed in public schools because students should be able to freely express their beliefs. Those who are for prayer being allowed in public schools believe that it is illegal to prohibit students from doing so. Many will argue that it is a violation of student s right to not allow them pray during school hours. For instance, â€Å"The new law requires public schools to develop policies that will allow students to prayShow MoreRelatedPrayer in Public Schools656 Words   |  3 PagesThe United States was built on prayer. Prayer or religion is on our currency in the many halls of our justice and federal buildings so no matter where we go, we cannot escape prayer. Our founding fathers did not exclude the bible in building our nation and educating our future and there will be no expectation. No matter what there will be prayer no matter where you are. Some people just don’t believe in God that’s why some don’t want prayer in public school. Though each of the clauses are originallyRead MoreEssay on Prayer in School1341 Words   |  6 PagesOver the years, there has been a very controversial debate on whether there should be prayer incorporated within the public schools; half the population votes no on the topic. Many individuals feel that allowing prayer services within the schools will be offensive and time consuming. A common fear among the people is that there would not be an equal way to recognize everyone’s religion. There would be even more controversy as to which religions should be taught, in what manner, and it’s a veryRead MoreFreedom of Religion in Public Schools1748 Words   |  7 Pagesindividual practice of religion in school has become a very controversial topic. There are many different views on this matter and even more opinions on how it should be handled. There are people on both sides of the spectrum, there are those who believe that it should be taught and allowed in school, and there are those who believe it should not be taught or practiced in school. There have been cases brought to court ab out how religion should be taken out of schools, or if it should be allowed. ThereRead MorePrayer in Public Schools Essay1440 Words   |  6 Pages The United States has continued to be a country where religion plays a major role in the lives of American citizens. Depending on the type of school students attend, organized prayer is mandatory, allowed, or banned. In the United States, organized prayer in public schools is prohibited because it goes against the Constitution’s separation of church and state (Jinkins 123). The United States promises religious freedom, but is yet to define the degree and limitation of that liberty. However, AmericanRead More Seperation Of Church From State939 Words   |  4 Pages Separation Of Church And State The separation of the state from the church has been present in the constitution ever since it was written. The first amendment relates to a citizens freedom. This freedom does not only allow this practice speech but on thought as well. It states â€Å"Congress shall make no law respecting an establishment of religion or prohibiting the free exercise thereof.† (Barton, America: To†¦ p.15). When the constitution was formed society in general belonged to Orthodox ChristianRead MoreSeparation Between Church And State1427 Words   |  6 Pagesthe separation between church and state has never been so vital. This separation can be defined as being a secular state, which is thereby stating that a government is neutral in religious matters, and supports neither the religious nor the non – religious. The United States of America has been label a secular state since the signing of their ‘godless constitution’ in 1787. However despite the founding fathers wishes for a â€Å"wall of separation between church and state† , religious pressure groups andRead MoreShould Religion Be Public School Curriculum?1313 Words   |  6 PagesShould Religion be in Public School Curriculum? Does or did your school teach you about religion? If not was mentioning religion prohibited? As of the moment religion is included in most of United States school’s curriculum. Religion is permitted in the curriculum for public schools, all throughout the United States. With religion in public schools, the schools throughout the United States can and most likely will be more diverse and could be more accepting towards students who are different andRead MoreReligion Should Not Be Allowed in Public Schools1293 Words   |  6 Pagesare attending public schools they should be aware of their religion options. The student should have the right to practice their religion as they please, just on the own time. Yes, religion plays a huge part in molding a person but, should be practiced when the time is available, not in a classroom setting. The government should have the ability to control the protection of the students that just want to learn. The capability to regulate the religious practices while attending public educational institutionsRead MorePublic Schools Should Not Be The Place For Religious Practices1601 Words   |  7 Pagesfoundations of the United States as a nation was religion. When people fled their homes in search of a new place, one of the many reasons was due to religious freedom. Almost immediately conflicts arose between religions, and their belief systems. No problems seem to arise with teaching religion to children in school until the 1900 s. That is when the courts decided religious instructions in public schools would be deemed unconstitutional. Court cases started around the country with people fightingRead MoreSepartion of Church and State Essay1246 Words   |  5 PagesThe Constitution of the United States was written to give citizens certain privileges and rights in the way of free thought and freedom. The Establishment Clause was one way that civilians were protecting religious liberty by the separation of church and state. Within our political and school systems there have been a number of controversial issues to inc lude religious holidays, school prayer, teaching evolution and aid to church based schools. The Supreme Court has ruled in many cases in regards

Sustainable Accounting and Strategic †Free Samples for Students

Question: Discuss About The Sustainable Accounting And Strategic? Answer: Introduction The content of this paper is a report to the senior management team of Premier Investments operators in concern with the future strategic position of the organization. The content of the paper further addresses how the company can employ the recommended strategy within this content to increase the performance of some of their brands within the group. The content also exploits the sound business management knowledge to explain how Premier Investments operators can grow as firm through the international and online sales expansion (Batholomeusz, 2017). The firm operates in the global market with other firms which offer stiff competitions and should therefore exploits various opportunities, improve on their strengths and work on the weaknesses in order to remain relevant in the retail industry. The content of this report with regards to the stiff competition within the global market therefore analyses the performance of Premier Investments operators using the SWOT analysis as well as potters strategy to evaluate the performance of the organization in the market as well as within the firm. The paper also contends on various financial and non-financial measures to identify how the firm will perform in relation to the developed and recommended strategy (Chang, 2015, October 10). Premier Investments Operators Competitive Advantage Premium Investments operators as firm have been enjoying various advantages as revealed in the case study which have enabled the firm to stay on top of other retail firms in the global market (Chang, 2015, October 10). The firms as revealed in the case study have various abilities which it has gained through attributes as well as resources to perform at a better level compared to other firms as follows: Stable Financial Health The Premium Investments operators have strong financial health ratings which is one of the competitive advantages in relation to other retail and rag investments.in relation to other investments such as Myer, Premium Investments operators have accumulated large funds which have enabled it to acquire various stalls and construction retail centers all over the world such as Hong Kong, Malaysia, Singapore, Australia and New Zeeland(Chang, 2015, October 10). The company has got a lower total liabilities in comparison to the total tangible assets ratio, this ration implies that Premium Investments operators has got a greater ability to weather various changes in their operations. The company is therefore less susceptible to financial challenges compared to other retail rag investors in the global market such the Myer who is also one of the firms which offer stiff competition to Premium Investments operators. The organization according to the proper analysis, Premium Investments operators has over the past showed that it has high cash reserves placing the firm on top of operations in the global market compared to its close competitor known as Myer (Batholomeusz, 2017). Strong financial health offers the organization a strong ground to operate smoothly within the competitive global market compared to other organization. The strong financial health has further enabled Premium Investments operators a firm ground to expand their operations to various parts of the globe as indicated (Low, 2017, March 22). Premium Investments operators with the help of the financial health is currently running an online operation which is a strategy for bettering the poor performing brands such as Just jeans and others. Many firms in the industry over the current past have not been able to formulate an online brand promotion method, thereby making a strong financial health the main competitive advantage compared to other firms in the global market. The firm as per 15Th May this year had the highest shares pricing to $12.70 which resulted into the total market capitalization of AUD$ 2.0billion (Low, 2017, March 22). According to the case study given, the firm has got stro ng financial ability as the main competitive advantage over other firms operating in the same industry such as Myer, HM and Uniqlo. SWOT Analysis for Premier Investments Strengths Quality management Premium Investments operators according to the analysis are one of the firms with the best management team. Availability of proper management is therefore clear strength to the firm as best management strategies can be made (Hollensen, 2015). The firms chairman Mr. Solomon Lew based on the current information has become the first person in Australia to join Congress Hall Fame. Financial stability The firm as revealed in the case study in the year 5th may 2017 is financially stable compared to other firms and is therefore able to expand to various opportunistic regions such as UK and North America. With stable finance, Premium Investments operators able to manipulate the products prices and secure the raw materials. Increased profit margins Premium Investments operators in the year ended 2017 has accumulated a great profit margin as revealed within the case study (Li, et.al, 2016). High profit margins are considered a strength to the firm as Premium Investments operators is able to play with prices in relation to the market in order to remain at the top. High performance of Smiggle and Peter Alexander brands The high performance of the two above mentioned brands is strength to Premium Investments operators as it results into an increase in the margin of the profit obtained from the general and the strong financial health of the company. Weaknesses Poor performance of the majority brands The poor performance of the majority of the brands being offered by Premium Investments operators is a weak point of the firm which can be utilized by other firms in the global market. Insufficient strategies The firm as revealed in the case study seems to be lacking perfect strategies in order to ensure that all their brands are performing well in the global market. Constant pricing The organization has not been able to play with the prices of their products in order to control the market and this is a weakness of the firm. Focus on two brands Premium Investments operators has shown a weakness by only being able to focus on two brands in the global marketing leaving other brands not performing good. The company sales team should in this case come up with appropriate methods to ensure good performance of all brands rather than only focusing on two brands. Opportunities Online sales According to the presented case study, most of the brands being sold by Premium Investments operators can do well when sold online more so Smiggle and Alexander suits. Differentiation Differentiation is one of the opportunities which exist in the global rag market which should be exploited by the firm. Premium Investments operators should therefore exploit this kind of opportunity to design their brands to suit the customer needs. Price lead and control Price leading and control is one of the best strategies firms with strong financial health like Premium Investments operators can exploit in order to remain at highest level in the global market. Opportunities in UK and N. America Premium Investments operators being financially stable has the ability to expand in all regions of the Asia then move in to various parts where opportunities exist such as North America and in the UK. The two regions UK and N. America do not have best retailers offering brands being offered by Premium Investments operators. Threats Stiff competition within the global market Premium Investments operators being in the global market faces a threat stiff from various firms within the same industry. The company should therefore come up with an appropriate strategy in order to beat firm such as Myer and HM who are some firms rising so first in the global rag retail industry. New venture by new firms on online sales of various brands They are various firms who are currently joining the industry but majors on online sales which will see these firms beating Premium Investments Operators in sales of Smiggle and Peter Alexander suits. Poor performance of majority of the brands The poor performance of the majority of Premium Investments Operators brands is a threat to the operations and existence of the firm in the industry(Li, et.al, 2016). Most of the brands such as Just Jeans, Jay Jays, Dotti, Portmans and Jacqui E being offered by Premium Investments operators in the global market do not perform well thus imposing threat of existence of the firm in the market due to low sales. Rise of Myer operators Even though Premium Investments operators is still leading in the rag retail operations, the organization is currently facing challenge from Myer which in this year is rising so fist in the global market (Li, et.al, 2016). Myer according to various resources is currently having almost close assets to that of Premium Investments operators thus a threat to the organization. Porters Strategy That Can Be Adopted by Premium Investments Operators Focus Strategy The firm such as Premium Investments operators can identify their relative position within the global firm as to whether the firm has a profitability margin which is lower or above the industry average profitability (Palmer,Wright Powers, 2015). In order for Premium Investments operators to ensure constant profitability and remain at the top level in the industry, the team of management of the firm should come up with an appropriate, sustainable and long run strategy. The most appropriate and sustainable long term strategy recommended by Premium Investments operators is the focus strategy. Focus as a strategy is one of the generic strategies that are divided into two segments and narrow competitive scope within the rag retail industry (Palmer,Wright Powers, 2015). The main purpose of the focuser is to selects a segment within the global retail market and tailors the identified strategy to exclusion serving the segments. The focus strategy has two variants that are cost focus and differentiation. Premium Investments operators is therefore advised to employ the use of the focus strategy where the firm is recommended to use cost focus to seek cost advantage in various target segments in order to stay at top of the industry (Ruiz Kowalkowski, 2014). Another variant that Premium Investments operators should employ is differentiation where the firm should seek differentiation in its identified segments. It is from the case study that most of the Premium Investments operators customers have unusual needs and not able to buy other brands such as Just jeans, Jay Jay and other brands (Palmer,Wright Powers, 2015). The firm should therefore adopt the focus strategy and serve their customers in relation to their needs and desires. Financial and Non-Financial Measures to Evaluate the Focus Strategy The recommended focus strategy success can be identified through application of financial and non- financial measures as follows: Financial measures Investment analysis Investments analysis is one of the best financial measures which can be exploited by Premium Investments operators team of management (Zaman, 2017). The management team are require to conduct investment analysis in various segments are identified and new products invested by Premium Investments operators in relation to varied consumers demand. Investment analysis is performed in the books of accounts to ensure the financial performance of the firm as increased as a result of the focus strategy adopted(Zaman, 2017). KPIs KPIs are one of the most utilized strategy performance measures which should be adopted by Premium Investments operators in order to evaluate the performance of the recommended focus strategy (Sauaia, 2014). KPIs are a combined measure which utilizes both financial and non-financial measures can be used to evaluate focus strategy. Non-Financial Measures These are some of the qualitative matrix that cannot be expressed in terms of monetary value units as follows: Innovation Innovation is the ability of the Premium Investments operators to bring new brands into to the global market in relation to the created segments identified by the focus strategy (Fullerton Wempe, 2009). Identification of new innovations in the industry by the firm suggests the effectiveness of the focus strategy adoption. Take Rate The success and failure of the developed focus strategy can be evaluated using take rate of the strategy by the consumers (Sauaia, 2014). The success will therefore be used take rate as measure of the success of the strategy. Where there is high take rate by the consumers on the strategy then the company can be considered perfect. Company reputations The firms success in relation to the focus strategy recommended can be evaluated with regards to Premium Investments operators reputation in the industry which is only through its level at the global market (Christensen Nikolaev, 2013). The strategy recommended should results into increased firm reputation as compared to before the adoption of the strategy. Conclusion The reports finally concludes with the analysis of the of the impact of the international business environment, socio-cultural requirements and global competitiveness in relation to the management accounting multinational, national, and regional organizations that, establishment of a working strategy is crucial for the growth of the any firm. It is therefore recommended for Premium Investments operators to adopt the best focus strategy as discussed within the content in order to increase all their brands performance and remain at the top of the rag retail industry References Batholomeusz, S. (2017, March 21). Solomon Lews Premier Investments swims against the retail tide. The Australian. Retrieved from https://www.theaustralian.com.au Cardinaels, E., van Veen-Dirks, P. M. (2010). Financial versus non-financial information: The impact of information organization and presentation in a Balanced Scorecard. Accounting, Organizations and Society, 35(6), 565-578. Chang, O. (2015, October 10). Smiggle is going global. Business Insider Australia. Retrieved from https://www.businessinsider.com.au/ Christensen, H. B., Nikolaev, V. V. (2013). Does fair value accounting for non-financial assets pass the market test?. Review of Accounting Studies, 18(3), 734-775. Fullerton, R. R., Wempe, W. F. (2009). Lean manufacturing, non-financial performance measures, and financial performance. International Journal of Operations Production Management, 29(3), 214-240. Grant, R. M. (2016). Contemporary Strategy Analysis Text Only. John Wiley Sons. Hollensen, S. (2015). Marketing management: A relationship approach. Pearson Education. Li, C. Z., Hong, J., Xue, F., Shen, G. Q., Xu, X., Luo, L. (2016). SWOT analysis and Internet of Things-enabled platform for prefabrication housing production in Hong Kong. Habitat International, 57, 74-87. Low, C. (2017, March 22). Premier pegs Smiggles next international territory. The Sydney Morning Herald. Retrieved from https://www.smh.com.au Palmer, J. C., Wright, R. E., Powers, J. B. (2015). Innovation and competitive advantage in small businesses: Effects of environments and business strategy. Journal of Small Business Strategy, 12(1), 30-41. Ruiz, C. A. D., Kowalkowski, C. (2014). Market representations in industrial marketing: Could representations influence strategy?. Industrial Marketing Management, 43(6), 1026-1034. Sande, E. (2014). Competitive strategies . Unpublished MBA Project. Sauaia, A. C. A. (2014). Evaluation of performance in business : financial and non financial approaches. Developments in Business Simulation and Experiential Learning, 28. Yuan, H. (2013). A SWOT analysis of successful construction waste management. Journal of Cleaner Production, 39, 1-8. Zaman, M. (2017). The role of financial and non-financial evaluation measures in the process of management control over foreign subsidiariesempirical evidence in Slovene multinational companies. Management: journal of contemporary management issues, 9(2), 53-73.

Miss free essay sample

Compare two psychological approaches to health and social care service provision. Kathryn Lamb Tuesday 14th May 2013 In this assignment, I am going to be comparing the humanistic perspective and the biological perspective in a health and social care service provision. The humanistic perspective is â€Å"an innate tendency we all possess as human beings to become the best that we can be in all aspects of personality and intellectual, social and emotional life. † Moonie, N (2010) Health and Social Care Level 3 Book 1, p. 348. Whereas the biological theory looks at the genes of people and also says that it is what determines who a person is and how they develop, so development is more drawn to nature (or genetics) rather than nurture (or the environment). In health and social care settings, the humanistic and the biological approaches contradict each other and can also affect a person’s health in different ways. For example, if someone is diagnosed with cystic fibrosis, the humanistic approach says that for someone to develop, a person must follow through Maslow’s hierarchy of needs where they must achieve the basic necessities of life fists such as good housing, good quality food and health which are all included in Maslow’s hierarchy of needs. Polycentric is a highly market-oriented. Each market is considered unique, that’s why the marketing mix, product strategies, pricing strategies etc is different for each country. Example: Citicorp’s financial services around the world operated on a polycentric basis. James Bailey, one Citicorp executive, offered this description of the company: â€Å"we were like in a medieval state. There was a king and his court, are they in charge? No. The land barons are who were in charge. King and his court may declare this or that, but the lord barons who went and did their thing to their appointed land. With that statement we can interpret that even the owner of company in headquarter stating this and that, but each country has some differences, and we should makes some changes in order to make our company succeed in other country. * Regiocentric (regionally-oriented) Firm treats a region as a uniform market segment and adapts a similar marketing strategy within region but not across region. For examole: Mc Donald not serving pork and slaughter animals through Halal process only in Middle East and some muslim-dominated countries. * Geocentric (world-oriented) The geocentric approach considers the whole world as a single market and attempts to formulate integrated marketing strategies. The firm recognizes both similarities and differences in cultures and markets. Best practices are adopted on a global basis and adapted for local conditions where necessary. Nestle and other multinational company is using geocentric orientation. Colgate Palmolive is an example for a company which using geocentric approach. It has been operating internationally for 50 years and its products are households in more than 170 countries. 2. The practice of each of the entry modes (exporting, licensing, franchising, contract manufacturing, strategic alliances, joint ventures and foreign directt investment) please provide example for each entry strategy done by each local company and international company * Exporting The home company exports their product to host country company/distributor. It is the safest entry strategy to start expanding company overseas. By exporting we would learn the market situation in overseas market. And it is less risky and less cost than to manufactures the goods in host country. The example of exporting is kecap Bango and bumbu Bamboe in European market, especially French. Kecap Bango and bumbu Bamboe export their goods to Indian and Asian store in France. The target market is of course Indonesian consumer who lives there. Another example is Teh Botol in carton pack, it sells its product by helping of Indonesian embassy in Paris, France. * Licensing In licensing the home firm agrees to permit a company in host country to use the manufacturing, processing, trademark, know-how or some other skill provided by the licensor. For example, Coca Cola give license to United Bottlers to make Coke in Zimbabwe. Franchising A home company which using franchising (franchisor), grants another ( a company or individual) the rights to distribute goods or services using franchisor’s brand and system in exchange for fees. Mc Donalds is known to use franchise as its market strategies through the world. In Indonesia, alfamart and indomaret are using franchising as their strategy. But they still using it within Indonesia not overseas. * contract manufacturing In contract manufacturing the firm decide to enter by contracting a manufacture of its product in target market. In example GAP contract manufacture in developing countries to manufacture and sells them. The products can be made to the conditions and specific requirements of the local market * strategic alliances Strategic alliances firm unite with competitor to pursue a set of assented goals remain independent after the formation of the alliance. The partner firms share the benefits of the alliance and the control of the performance of assigned tasks and the partner firms contribute on a continuing basis to one or more key strategic areas. For example, in 2005 Adidas (a German company) announced its acquisition of Reebok. Mr. Herbert Hainer, the CEO of Adidas, expected to cut costs by 125 million Euros in the next three years by sharing information technology, synergies in sales and distribution, and cheaper sourcing. However, the new combined company will continue to run separate headquarters and sales forces, and keep most distribution centers apart * joint ventures In joint ventures the firms in which two or more investors share ownership and control over property rights and operation. In Zimbabwe, Olivine industries have a joint venture agreement with HJ Heinz in food processing. * foreign direct investment The firm makes a direct investment in a production unit in a foreign market. It is the greatest commitment since there is a 100% ownership. The international firm can obtain wholly foreign production facilities in two primary ways; It can make a direct acquisition or merger in the host market and It can also develop its own facilities from the ground up. Multinational company are already using foreign direct investment, like Nestle in many countries in the world including Indonesia, Unilever, etc

Motivation And Work Performance

Question: Discuss about the Motivation And Work Performance. Answer: Introduction: The success and failure of any organization depends on how customer centric is their business plan. Today, in this age of short product life cycle and when customers have good bargaining power over suppliers due to increased competition by globalization, the only way not only to survive but also to excel is bringing custom centricity in everything what organizations do, showing customers how passionate organizations are about the business helping customers, and showing them how organizations are different from the competitors and how the organizations care about their customers. All these things can really happen only when employees understand their responsibilities and work with high productivity levels. Analysis There are various motivation theories that are being used by the organizations to keep employees motivated. The Maslow need hierarchy theory is used widely by organizations to keep employees motivated. One of the ways to gauge the motivation level of employees is the employee satisfaction survey. Employee satisfaction surveys offer organization with the information and methods to create optimistic employee associations and work atmosphere. Employee approaches, desire aspects, burnout propensities, loyalty, office environment and competitive intellect are important pointers for employee satisfaction. Effective companies emphasize on building and strengthening employee satisfaction so as to get the maximum output from their human capital. Suitably constructed employee satisfaction surveys deliver the understandings that are basic for creation and reinforcement of agreeable work atmospheres. The above mentioned survey questionnaire could be used to get the required data for analysis. Th is survey sheet can be passed on to the employees through their official email ids and the responses could be collected in a time bound manner. Thus the findings can be used to study the companys employee satisfaction. It is important that the motivation level of employees should also align with the innovation as innovation can help organizations to develop competitive advantage. There are some misinterpretations, especially when it takes to the innovation side. It is hard even to Managers to determine whether the employee is innovative and has competence or it is just innovative. There is a borderline in here that may not be forgotten. Anthony (2012) also quotes Fitzgerald trying to explain this difference:the ability to hold two opposed ideas in the mind at the same time and still retain the ability to function. This quote summarizes that although is important that the person holds with passion its innovation thought it is imperative that a critique though come together. Thus, this double thought determines that the competence follows innovation. The motivation of employees also encouraged employees to develop the job specific competencies that the employees should develop. Since competencies are qualities one would hope are becoming of all level of workers within an organization, then social interaction and creativity are most definitely competencies. Wood and Payne (1998, cited in Pilbeam and Corbridge 2010, pp. 72-74) identified a number of competencies found in frameworks; among those were communication, building relationships, problem solving and analytical thinking. By my proposition, social interaction is accounted for by communication skills and building relationships, whilst creativity is accounted for by problem solving and analytical thinking. Sufficed to say social interaction and creativity are components of competencies. A means of assessing or measuring such competencies may be executed through continuous assessment in conjunction with other strategic initiatives aimed at establishing stable organizational orie ntation. Day (1994) describes such a practice as part of the organization-wide transformation becoming of market-driven organizations. Enhancing all organizational capabilities internal and external, calls for accurate assessment of current and future capabilities inclusive of ore competencies as the author further reveals. On the one hand people believe that the competences that drive better work performance and value added to the organization. In other perspective, these competences are equally measured to how well a person can balance his work and social life. The social interaction is one's own reflection and learning, therefore the same professional behavior and attitude one displays at work must match his/ her level of competence in his social life. In various cultures these could be left irrelevant to the work as some cultures may separate social life from work, while other societies have greater emphasis on integrating people's social interaction and work performance. Creativity is indeed a value added to people's ability to be innovative and have more capacity to implement their vision into reality.It would be correct to say that the motivation level of employees that have a good work-life balance is better than the motivation level of employees that does not have a good work-life balance. It is important that the motivation level should be directed towards the competency development. The motivation can really improve the productivity level of employees when the employees can develop their competency by remaining motivated. Sveiby (1997), posits five mutually dependent individual elements of competence; explicit knowledge, skill, experience, value judgment, social network. Social interaction and creativity are both component skills which make up managerial competence, the former is people-oriented involving an individuals relationships with others within the firm while the latter is intellectual, focusing on situation assessment and search for alternative ways to reach set goals. Scheer, et al (2012, citingReich, 2008 Kolb, 1984) suggest thatlearning is a process of individually self-organizing knowledge. The learning process is unpredictable, and knowledge is constantly altered through new insights, which are gained through individual experiences. This theory implies that though we can all learn the same processes and because of lifes experiences they will mean different things to different people, which should promote different approaches to role execution. The motivation level of employees could also depend on various external factors like the cultural and social factors. In this current state, businesses may not need to depend or look at culture as the major factor in relation to their proceedings or performance. That is to say international businesses may not base on culture in order to start business. This is because people have different cultures reason being that they come from different societies. For example in the Muslim community, it would be very hard to sell pork as a way of raising income. However because of modernization, one would carry out the business because the major goal of the business formation is profit maximization but not cultural formation. Robert M. Williamson (2006) wrote an article regarding around motivation and performance. Author argued that the leaders and managers should develop methods and ways to measure the motivation level of employees. The organization and leaders can actually improve the motivation level of employees when they can measure these motivation levels. His discussion supports the idea that measurements are important but also with challenges. Specifically, there are a lot measurement opportunities but these measurements seldom hit its target. These measurements just come and go and sometimes managers get lose track of what are those that really needs to be measured. Referring to Albert Einsteins sign in his office wall Not everything that counts can be counted, and not everything that can be counted counts. A view is that measurements and metric are not the only source of improvements. Another thing to bear in mind is this, when something is measured but it isnt important, it probably wont get do ne. This means that measurements sometimes do the task of assessing something that is not significant for the company. It is just so done because it is being required but do not impact the companys creation of value. Still an important concept is measure the wrong things and the organizations will likely get the wrong behaviors. This is true enough to management that is measuring another thing for the wrong performance indicator. Thus, instead of bringing performance improvement, it will lead to creation of unnecessary issues. In summary, organizations need to embrace improvement of performance using appropriate measurements that can cater to all types of competencies or work indicators. Organizations should use the findings to aid in decisions of what needs to be sustained or modified. Hence, measure all that counts for the success of the organization and do not linger on those, which do not create any impact for performance improvement. Conclusion It would be correct to say that motivation is the key driver of individual growth and development. The large and small organizations have realized that employees are the assets of the organization and the success of the organizations would depend on the way employees are working. Therefore, the organizations cannot neglect the importance of motivated workforce. The motivation acts as the catalyst for employees to work with higher productivity. It is believed that employees feel passionate and committed if they are motivated. Therefore, it is important that the organizations must create a platform where employees motivation can be improved. It would be correct to say that it is not easy to improve the motivation level of employees. Therefore, the leaders are always in search of the employees that are self-motivated. There could be both direct and indirect methods to increase the motivation level of employees. The direct methods are associated with employees perception and employee att itude and the organization must create a culture to improve the motivation through direct methods. The direct methods would include employee compensation, salary, and rewards. The indirect methods of employee motivation would include secondary or support factors like work conditions, tangible things within the organization, the infrastructure and facilities, etc. The self-motivation is a key for employees to work with 100% productivity levels. A true leader is one who can have an impact on the individual so that employees can work with dedication and commitment. As a conclusion, it is rightly said that if employees feel their jobs are interesting, challenging and important, they will be motivated, and that high motivation will lead to improved work performance, job satisfaction and reduced absenteeism and labor turnover. References Cosier, R. Schwenk, C. (1990) 'Agreement and Thinking Alike: Ingredients for Poor Decisions',The Executive, 1, p. 69 Day, GS 1994, "The capabilities of market-driven organizations",Journal Of Marketing,58(4), p. 37 Pilbeam, S. Corbridge, M. (2010)People Resourcing And Talent Planning: HRM in Practice. 4th Ed. Financial Times Prentice Hall Scott, A. (2012) "Don't Confuse Passion with Competence" Hardvard Business Reviewhttps://hbr.org/2012/02/dont-confuse-passion-with-comp/ (Accessed 09 August 2016) Sveiby,K .E.(1997). The new organizational wealth: Managing nmeasuring knowledge-based assets. Berrett-Koehler Publishers. Williamson, R.M. (2006)What gets measured gets done: are you measuring what really matters?Available at:https://www.swspitcrew.com/articles/What%20Gets%20Measured%201106.pdf(Accessed: 25 January 2015).

Mnc Companies Are They Devil in Disguise free essay sample

Increasing the competition between government companies and private companies. 2) There is no job security. 3) Not increasing the standard of living of every class. 4) Youngsters only are getting jobs, not the adults. 5) There is a age limit in MNC’s , somehow around 40s or 45s. 6) leads to drainage of wealth to foreign countries. 7) due to adoption of capital intensive means of production lot of people are unemployed. MNCs are definitely not devils in disguise. Latest technologies and innovations are brought in India by these MNCs.They provide job opportunities and a better job prospectus for their employees. They ensure global exposure, giving greater scope for learning. MNCs support outsourcing, providing job opportunities. These days public sector jobs are limited and the organisations under it are corrupt. MNCs joint venture with some Indian companies for developmental works. MNCs pay more leading to economic gains and thereby raising the standard of living. Competition has increased between the companies leading to production of cost effective and better quality products. We will write a custom essay sample on Mnc Companies: Are They Devil in Disguise or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Eg) Due to the revolution in d mobile communication, the cost of the handsets and call charges are brought down. So here there are benefits as well as losses. But the main thing is that by the coming MNCs in our country are creating opportunities for the new generation. The foreign currency is in now in our country also so that we can import and export more thing. And yes by these MNCs the new technologies and inovations are taking place. Thats why our countrys economic condition is improving. So the MNCs cannot be devils in disguise.