¶ … opportunity and facilitated the development of transferable skills. The commercial environment is one where there is constant change; the macro environment can move at a very fast pace, and the way a firm responds can be the difference between success and failure. The course provided a very useful insight into the way that firm can be examined in the context of its environment, with practical application of theory with a real world scenario.
The first module provided a great deal of knowledge with the need to look at different organizational diagnostic models. The process required more than simply glancing at several different options, it was necessary to examine the differing models in order to identify the strengths and weaknesses of each model and decide which may be the best to use to examine an organization. The study f the different models enhanced knowledge and understanding of the way in which different elements of the internal and external environment may fit together. The models were all different, but an analysis started to reveal some common elements, highlighting the way in which some models had a narrower focus, whereas others had a broader more holistic approach. The assessment of the models aided with analysis skills, as it was necessary to compare and contrast the different elements, and then present the models in terms of their advantages and the challenges or weaknesses. This could only be achieved after reading and examining the models and making concise notes to compare the options.
The application of the congruence model to Whole Foods Market was extremely beneficial in increasing the understanding of the model and developing personal research and analytical skills. To apply the model it was necessary to undertake extensive research of the firm and identify the different elements associated with the influences on the firm and the way in which inputs, throughputs, and outputs at the different levels. The gathering of the relevant information from a number of different sources, including the firm with publications such as the...
Management and Business Management Theories and Principles of Each Reading The Fifth Discipline forces managers to look at the way in which learning disabilities which are common to organizations can actually stunt their growth and progress. The author targets several common learning disabilities which can riddle even powerful organizations, they are: identifying with only one position, external enemies, the illusion of taking charge, fixation on events, the parable of the boiled frog,
Business Management Responsible Management of Roles within the Business Culture: The Acme Minerals Extraction Company Case Study The case study of the Acme Minerals Extraction Company is characterized by a conflict arising from two groups within the organization, composed of the geologists, geophysicists, and engineers (first group) and the skilled and semi-skilled laborers (second group). This faction between the 'brains' and 'brawns' group in Acme has brought about increased organizational instability and
Business Management-5. Performance review session: Nick was relieved after his performance review from Warren because Nick did not seem to be penalized to any great degree for the servers going down while he was on duty. However, the performance review was extremely vague and undefined. It is unclear what a 'three' means in terms of a rating. Nick was told he was doing a 'fine' (i.e., acceptable) job but was not
Management Course The field of management is one that has evolved over centuries and continues to transform to meet the needs of the ever-changing globalized world of business. I have long been interested in this arena of business and its powerful influence and strong importance to virtually every sector and industry. I hope to one day occupy a managerial position and use my knowledge and skills to improve the efficiency,
Project Management The 'lesson learnt' section is highly informative and exceptionally convenient in improving the skills of an experienced project manager. In this section, one becomes aware that although proper planning is paramount for any project, it should not be assumed that the implementation phase would take place in accordance with the plan. Depending on the level of planning, scope of the project coupled with other factors, every project is prone
Business Ethics Company Overview Ethics and Code of Conduct Guiding Principles Our Ideology; Our Objectives; Our Core Values that shape us; As a part of my Business Ethics lesson I have a task to criticize and improve my company's code of ethics, before doing that I want to briefly explain about my company; MLS Holding and what we do? The most effective statements in regard to business ethics are rooted in the strategic vision of an organization
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