108).In case of the organizational problems like a lack of follow-through by the employees who are enthusiastic but not appropriately skilled, it is much better to resort to a transformational approach towards leadership that involves bringing up the desired changes in the concerned employees approach by building relationships with them and by extending the required help and support (Bass, 1998, p. 11). I found out that my leadership approach in such cases tilted more towards an authoritarian manner. However, in a pragmatic and theoretical context, the right way is to assign the motivated but inaptly skilled employees, the well-defined job profiles, backed by systematic and continual monitoring.I also realized that even when the team members are allocated responsibilities, backed by the commensurate enunciation of the accompanying responsibilities and the expected level of job performance, still there may be some situations when employees may get demoralized and de-motivated owing to temporary setbacks. This insight was indeed a revelation. I do feel that under such circumstances, it may get imperative for a team leader to come out as supportive and helpful and allow ample empowerment to the team members by extending to them a say in the decision-making process (Castellan, 1993, p. 250). Such an approach affords the team members a better insight into what needs to be done and makes them feel empowered and responsible.It is my personal opinion that that many a time, a leader may come across a team member who is suitably experienced and skilled to take the onus for a specific project. However, such a person may be held back by self-doubts and personal fears. In such scenarios, I believe that it is more appropriate to engage in a one to one conversation with such team members and to positively redress their fears and doubts. I found myself a little mistaken in handling such situations as many a time I resorted to communicating with such followers in a group environment, which left them more doubtful and intimated.
Numerous business communities are changing the way they operate. They have realized that working sustainably or going green can actually cause increased profits. Usually, most companies are motivated to go green when they are operating under the bottom line scenario. However, soaring stock prices are one example of what sustainability can do to an organization. Additionally, a company that chooses to go green is likely to portray a positive image to their clients, their suppliers, or even to their investors. Consequently, this creates a scenario in which more parties are encouraged to work with that particular company. (Lubar, 2006)It should also be noted that corporate citizenship is an instrumental factor in determining why an organization would choose to be sustainable or to go green. It is the responsibility of that particular company to ensure that they affect their community positively and that their activities do not undermine the community’s ability to meet the needs of their future generations. Sustainability of any company can embrace any of the following aspectsCompanies must embrace sustainability in order to remain on top of government regulations that would otherwise require them to depict sustainability concerns. (Brown, 2001) Consequently, there should be sustainability at all times in any given company in order to demonstrate its business commitment to the concept.The purpose of this project is to design mechanisms that would enable organizations to use Information Technology in order to boost their sustainability ratings. Since IT is becoming a useful tool in everyday life, then it would be interesting to know how this can be applied to an organization.The company chosen for the implementation of this program is Unilever.
The term strategic alliances refer to cooperative agreements between potential or actual competitors. Strategic alliances can range from short-term contractual arrangements in which two companies agree to cooperate on a particular task or project, such as developing a new product, to formal joint ventures in which two or more firms have equity stakes. An alternative description (Davis 1999) states that it is any form of cooperative linkage entered into for strategic reasons, which may include research and development partnerships, cross-manufacturing agreements, and joint marketing. The linkage may or may not result in setting up a separate legal entity such as a joint venture.Firms set up strategic alliances in order to gain competitive advantage and may prefer it over outright acquisition because they are unable to for lack of financing or by reason of national barriers. Hill (2001) noted that one of the advantages of a strategic alliance is that it enables a firm to gain access to a specific market. Another reason is the need or desire to obtain technology or establish technological standards, from which it can derive benefit, or to acquire manufacturing capabilities, allowing firms to share in the fixed costs as well as the associated risks of developing new products and processes, as the required investment and the level of risk may be too huge for one company to undertake. A third reason is that it can bring together the skills and assets that neither company can develop on its own and would thereby gain through the complementarity of their resources and capabilities. In general, companies or business units form strategic alliances to reduce financial or political risk.
Speaking from research he carried out on his design of the gas-lift chairs, the person seated on the chair is bound to be seated on a hip inclination of 90o, or even less. The hip inclination is the angle between the torso and legs, causing the torso to press against the heart and lungs. Accordingly, there is a reduction in the inhaling volume of an individual (Cabinet Maker, 2011, p. 49). Finding which processes work well, and deploying those processes as standards 1. The study of the production procedure: This process involves the extraction of raw materials, handling of the tools used, conveyance, an assemblage of the chairs, packing, supply, and the practice of working on such a chair (Cabinet Maker, 2011, p. 50). 2. Stimulation: Stimulation involved the use of a 2D model of the hydraulic fracture of the children’s gas-lift chair that can be sustained. This methodology also involves the acid breaking, and forecasting of sustained and the incorporation of a well-performing model (Cabinet Maker, 2011, p. 50). The organization is confident since the products have a position of the circulatory system with a major consideration. Designers determine the type of features the gas-life chairs will withhold for children’s comfort. Children over time alter their sitting position to decrease this stress that guides towards underprivileged poses, muscle pain, and sore backs. Functionally, the child gas-lift chair fundamentally allows the user to perform their usual tasks. Nevertheless, the chair can also be used as a non-conventional or extraordinary surrounding or user for this type of chair. Children have to find this chair very simple to work with or use during a lesson or before a desk. The chairs also have to be affordable for the client, and minimal production costs have to be maintained (Fisher-price, 2011). C. Does the organization know if it is spending its limited improvement resources effectively? These discrete roles of the planned chair have been incorporated into one package that offers interactive usage of shared information and findings. Such a gas-lift chair will define the business designs employed in the model and depict the findings that are able to be obtained easily (Fisher-price, 2011). To enable the lifting feature of the chair for children with different heights and development rates, the Hydraulic model has to be designed to operate through plotting the tank influx and tubing movement putting both the tank influx and tubing current arches on one plot. Define a method of measuring yourself and periodically determining the impact and effectiveness of your improvement efforts. The LCA methodology applied by Fisher Price, a child gas-lift chair manufacturing organization has enabled numerous research findings into the comfort of children and concentration to assess the ecological effect. The materials used in these designs have been used to project the life cycle of the durability of the seats through an exhaustive analysis of every phase of the life-cycle procedure (Langham, 2011, p. 1).
Starbucks planned its roadmap to venture in India with Tata Global Beverages, though according to the present legal framework of the country, Starbucks could have entered India without any partner, yet the company is planning to enter into a 50-50 joint venture with TATA Group. As far as marketing strategies of Starbucks are concerned for India, the strategies that they have formulated for the US target market would not assist them to be successful in India because India is a culturally rich country and the people belonging to any class have a strong attachment to the culture. In India coffee is preferred, but tea is preferred more than coffee. Moreover, the food offered in Starbucks in the USA is completely different from the taste and preferences of Indian consumers (Knowledge Wharton Today “Starbucks Comes to India, Selling Coffee and Atmosphere”). …Starbucks is also well-known for its high-quality coffee bean, so the Indian customers would expect to receive similar high quality and tasty coffee and tea from Starbucks, but the other menus such as snacks or meals which is also sold in Starbucks stores have to be absolutely Indian or balanced combination of Indo-American dishes, as the Indian customers have varied taste and preferences and they welcome different food items and menus from different countries too (Ahmed “Starbucks Delays India Entry”). Starbucks’ step to choosing TATA for entering India is a very intelligent decision because TATA as a brand has high goodwill in India. TATA is denoted as another name for India values, relationship, and high-quality product. Apart from this, TATA also has the experience of understanding Indian customers better than any other company. So it can be said that two strategies would assist Starbucks to successfully enter and set business India. firstly the joint venture with Tata Group, and secondly the marketing strategies which would include understanding the Indian culture, their values, taste and preferences, and then design the menu and the ambience or culture of the coffee shop accordingly. Answer 2 First Solar Inc. is an American company which manufactures photovoltaic films or modules which is popularly known as solar panels. It is one of the largest manufacturers of solar power modules which are used to convert the sunlight into electricity. The customers of First Solar are the solar project developers, independent producers of power, and system integrators. Initially, the company sold its products in Germany, Spain, Italy, France, Italy, but later it expanded its markets to China, India and also in other parts of the US.The solar power industry is complemented by various threats like the dwindling supply of nonrenewable energy and rising price. In the USA market, First Solar Inc is facing competition from players like Sun Power Corporation.
Franchising is very similar to licensing except in the degree of control by the licensor in that a franchise has to adhere strictly to a set of standards such as in marketing strategy and in its sales promotions (Welch, Benito, and Petersen, 2007, p. 53). Example of licensing would be a Mickey Mouse logo licensed to a kids shoe manufacturer while franchising is a McDonald’s. Turnkey operations are a type of business entry mode in which one company contracts with another company to build, construct and complete ready-to-use facilities (Paul, 1966, p. 162). Most turnkey projects are usually in the construction and industrial-equipment sectors which require big capital and specialized expertise (Daniels, Radebaugh and Sullivan, 2008, p. 45). Management contracts pertain to agreements between investor groups of a big project and the management company hired for their expertise to manage, coordinate and oversee the project. The company is hired provides its management, administrative and organizational talents in return for a management fee such as those quite common in global hotel chains like Hilton. A direct investment is an investment made with a view to acquiring a lasting or long-term part or interest in an existing operational business enterprise in order to have an effective voice in the management of the said enterprise. In practice, this translates to buying the equity of 10% or more in the foreign firm as a form of market entry when other modes are not very assured of success. In this regard, foreign direct investment (FDI) is a way for capital to move from the low-return environment to a higher-profit market (Moosa, 2002, p. 24). Portfolio investment is an investment in stocks and securities for profits only and is called “hot money.” Attitudes to Foreign Cultures – the managers and employees of multinational firms try to adapt to foreign cultures sometimes based on their home culture. In most instances, the managers who are very democratic in their attitudes at their home country also extend these same traits of democratic practices such as sharing of vital information with the employees in a foreign country where they operate in (Toyne, 1980, p. 135). In some situations, the contrast of country managers is very vast such as imposing their home country’s practices, beliefs and values on the host country’s employees (Hofstede, 2003, p. 440) as a frame of reference while others take a more tolerant attitude and try to learn more and understand the foreign culture in a much better and deeper way (Ajami et al., 2006, p. 215). The success of a manager in the foreign country depends to a big extent on his or her cultural intelligence quotient (CQ) level similar to intelligence quotient (IQ) or emotional quotient (EQ) by being able to sufficiently read and analyze individual behaviors, attitudes, group dynamics and the unique situations in the context of the foreign culture (Kreitner, 2006, p. 97) beyond just learning the language. Key Means of Economic Transition – a command economy is an economy that is being managed centrally by the government bureaucrats. In other words, the demand and also the supply of certain products, goods, and services are determined by government planners. It is these people who decide which goods and services are to be produced, how they are priced and how these are to be distributed instead of allowing free market forces to do so.
And for change to better the organization should be planned, whether the change is desired or not.One service provider seeks to generate $12M to build senior care facilities in rural counties in America, as it sees the insufficient senior care facilities available to senior citizens, denying them quality life they should be enjoying during their remaining days. However, recent negative changes worldwide have led to radical changes in the priorities and financial capacities of its sponsors, adversely affecting the service provider’s target, especially so that 75% of its resource building depends solely on sponsorships. With three of its largest benefactors cutting 75% of their original commitment. three withdrawing their support citing that the project is not urgent compared with more urgent needs. two not surviving stiff competition went bankrupt. others changing their original financial support to non-monetary support. leaving the service provider only 30% of what had been originally committed, which was only 20% ($2.4M) of the target. Confronted with this problem, the service provider did conduct a review of its strategy assessing it using the SWOT analysis to measure its overall strength as against present opportunities and threats. As a result, the service provider resolved to change its strategy in resource building.The change was built on the following assumptions: (1) to gain back support and to further solicit more support, the urgency of the project should be well-established. (2) a more established source of funding should be established. (3) proving the efficacy of the project as managed by the service provider would guarantee the trust and confidence of target benefactors and clients. Thus a strategy that would put the urgent need to build senior care facilities in rural counties in America on the national agenda through an organization with an established untarnished reputation for quality service would win support from confident benefactors.
In a bureaucratic structure, the project manager manages the evolution of change in the structure. In a matrix structure, the project manager shares roles and responsibilities with several functional managers. In a cluster organization, the project manager shares roles and responsibilities with functional teams in place of managers and in a network organization the project manager coordinates and controls the external functions.1. b) The traditional management approach is coming under increasing pressure in this modern competitive environment and as a result, organisations are finding it difficult to meet the demands of the changing marketplace. Discuss this by giving examples from your own organisation and suggest how they might improve their ability to succeed in this environment. (15 marks)The traditional management approach relies on a bureaucratic structure, which is suitable for an environment that is stable with a high degree of certainty and predictability. The modern market environment calls for a looser or organic system more suited to for an uncertain and unpredictable environment. Yet, the transition is not necessarily drastic but marked by a gradual progress in a step by step process as happened in my organisation, where the initial step was to a functional organization that culminated in a cluster organization.All systems generate feedback, which can be used to control outputs or objectives from a system. Feedback can be considered as information that the processing system generates. This information can be used as feedback input in the process to control to guide the system behaviour and thereby maintaining control on the output of the processing system.The systems approach accomplishes things through the conversion of inputs into outputs. The inputs are resources and raw materials that are put into the system to arrive at the output or the end result of the system for which the system is created.In my construction based on the project involved skills and manpower are used as the resources along with the required raw materials for the effective and timely completion of the project, which is the output.
The project-based learning approach has been actually developed to help young learners to become inspired in being able to further understand the society in their own point of view. Naturally, this approach to classroom activities directly emphasizes the essence of long-term learning. Through further development of the said process of teaching, PBL has been noted to encourage deep investigation among young students. Since they are usually faced with the subjects that concern the society, the students are further encouraged to increase the interest they have towards learning. True to its sense, many teachers believe that project-based learning helps the students further develop their independent sense of working on their own assigned tasks. In turn, this process further allows them to acquire more in-depth learning and accurate information regarding their own study topics. Through the application of project-based learning, the creation of a fine environment of learning for the students has been successfully met. PBL is mainly a form of inductive teaching that is designed to carry on the use of problem-solving as a form of teaching than simply resorting to spoon-feeding processes that were traditionally utilized by past educators. As the PBL system is being directly applied, the roles of the said system are mainly described to be much effective for the students as it is applied through the thought of carrying its roles in learning: • PBL relies on learning groups that involve the students in an actual performance of an investigation of the given problem• PBL allows student groups to determine their projects. Most of the students are able to actually get involved in the process of learning that is further implied in the problem solving• PBL helps the students realize their own social responsibility because of the fact that they are commonly faced with the actual problems that plague the society
The companies decision is to transform the production of the Vilvoorde plant to other plants of France and Spain. In this situation, the company only needs 1900 employees for continuing their production function. This decision helps the company to save $ 160 million annually. One of the major reasons behind this is a powerful global competition in industries with substantial or extensive overcapacity. he major reason that existed behind the success of this plant is the consolidation of production at fewer plants. Renaults chairman said that the reason for the sudden decision is to reduce the cost of production. The labor cost in Belgium is comparatively high. Higher social charges and tax rates make production in Belgium is more expensive compared with Spain and France. There is a lot of cultural problem behind the plant closure some employees is Vilvoorde says that the company discriminates them and the company’s decision is to save the jobs in France.The major reason for the elimination of plants is the nonfulfillment of its project feasibility. Every business is functioning with the aim of maximizing profit by minimizing the cost of production. At the time of setting up a business, a proper plan, or forecast about the future business activity is undertaken, but the expectation never equalizes with the actual results. The variation in the budgeted and actual goal of the enterprise may some times leads to make an end of the business function to some extent. Due to the nonattainment of predetermined targets, several businesses are going to take an inappropriate decision to turn off its business activities.The key stakeholders are the employees, Government, shareholders, customers, in the closure is employees there are more than 3000 employees they are in a threatening position to lose their job. “Stakeholders are defined as “individuals or organizations who stand to gain or lose from the success or failure of a system.” (Jonathan Boutlette 2004).