For example, someone interested in green technology from a cost perspective might value operational excellence in a company -- seeking the lowest price replacement windows in the least amount of time with the least amount of disruption to their family. Someone interested in the greenest home possible may be interested in innovation, and still others might be attracted to the idea of a custom-built home. Just as there is no one housing market, even within the market of green housing consumers, many different segments and demographics exist, along with conceptions of what conveys value.
orks Cited
Treacy, Michael, iersema, Fred. (1993, January). Customer intimacy and other value disciplines. Harvard Business Review, 71(1), 84. Retrieved April 3, 2009, from ABI/INFORM…...
mlaWorks Cited
Treacy, Michael, Wiersema, Fred. (1993, January). Customer intimacy and other value disciplines. Harvard Business Review, 71(1), 84. Retrieved April 3, 2009, from ABI/INFORM Global database. (Document ID: 1102472).
Business
The company's objective is to develop capabilities in the Reseach and Development aeas as well as ensuing poducts that can be sold and distibuted in the Euopean and Ameican makets. It should be noted, howeve, that such a move must be taken with caution and cae; appoaching the Euopean business maketplace may not wok in the same manne as othe business envionments. As one expet ecently wote "appoaching the Euopean makets without ecognizing the impotance of national languages and cultues in daily life is a cucial mistake" (Robet, 2010, pg. 31). It would be wise fo the company to emembe Robet's wods due to the unique natue of the Euopean makets and Gemany in paticula; since that is the county this pape ecommends the company conducts its business.
It is impotant to note that choosing a county to base the company's opeations is a delicate and time-consuming matte that must be…...
mlareferences of political actors, German Politics, Vol. 18, Issue 3, pp. 281-300
Dickman, M.; (2003) Implementing German HRM abroad: Desired, feasible, successful? International Journal of Human Resource Management, Vol. 14, Issue 2, pp. 265 -- 283
Dunning, J.H. & Lundan, S.M.; (2008) Multinational Enterprises and the Global Economy, London: Edward Elgar Publishing
Federal Republic of Germany (2003) Background Notes on Countries of the World 2003, pp. 1 -15
Grewal, R.; Chandrashekaran, M.; Dwyer, F.R.; (2008) Navigating local environments with global strategies: A contingency model of multinational subsidiary performance, Marketing Science, Vol. 27, Issue 5, pp. 886 -- 902
For a product configuration system to be effective it must be able to submit orders directly into production while at the same time being able to determine what the Available-To-Promise (ATP) ship dates are (Mendelson, Parlakturk, 2008). Instead of just giving the standard four to six weeks I'd also integrate the product configuration systems to supply chain systems to ensure that accurate Available-To-Promise (ATP) dates (Gunasekaran, Ngai, 2009). I'd use this as a competitive differentiator to ensure that customers could be very well informed as to when their sofa or furniture was going to arrive. All of these systems would also be integrated to an analytics system so it would be possible to know what the status of orders and shipments were on a continual basis.
eferences
Gunasekaran, A., & Ngai, E.. (2009). Modeling and analysis of build-to-order supply chains. European Journal of Operational esearch, 195(2), 319.
Johansson, Johny K., & Nonaka,…...
mlaReferences
Gunasekaran, A., & Ngai, E.. (2009). Modeling and analysis of build-to-order supply chains. European Journal of Operational Research, 195(2), 319.
Johansson, Johny K., & Nonaka, Ikujiro. (1987, May). Market Research the Japanese Way. Harvard Business Review, 65(3), 16.
Kate Maddox. (2006, April). Microsoft research paves way for 'People Ready'. B to B, 91(4), 62.
Lorne McMillan & Brenda Ng. (2007). Ethnography within consumer research -- a critical case study of Consumer Film Festivals. International Journal of Market Research, 49(6), 707-714.
Proposed Plan for Improvement
The above assessment of the current personnel management challenges facing the organization indicates that there are a number of pertinent issues that must be addressed if the organization is to effectively optimize its human resource capabilities and help facilitate the development of change in the organization. With this in mind, the proposed plan for organizational development focuses on two specific areas for improvement. First, the proposed plan considers the need for the strategic development of human resource practice in the organization. Strategic human resource management will enable the organization to embed human resource function into the process of facilitating organizational objectives. Second, the proposed plan considers the need for a comprehensive change management program which will facilitate H integration while building the necessary organizational infrastructure to help improve change outcomes.
Strategic Human esource Management
Strategic human resource management or SHM is the process by which human resource activities are…...
mlaReference List
Acquaah, M., 2004. "Human factor theory, organizational citizenship behaviors and human resources management practices: An integration of theoretical constructs and suggestions for measuring the human factor," Review of Human Factor Studies, vol. 10, no. 1, pp. 118-151.
Boswell, W., 2006. "Aligning employees with the organization's strategic objectives: Out of line of sight, out of mind," International Journal of Human Resource Management, vol. 19, no. 9, pp. 1489-1511.
Breen, V., Fetzer, R. & Howard, L., 2005. "Consensus problem-solving increases perceived communication openness in organizations," Employee Responsibilities & Rights Journal, vol. 17, no. 4, pp. 215-229.
Change management: The HR strategic imperative as a business partner," 2007. HR Magazine, vol. 52, no. 12, pp. 1-9.
The graphic shown in Figure 1 was also provided in the article (Porter, 2008).
Figure 1: Five Forces Model
(Porter, 2008)
This model's effectiveness does not however capture the increasingly critical role of tacit and explicit knowledge in businesses. The tacit knowledge, of the type that is learned from the continual streamlining of core processes, is not easily captured and communicated. It is often called tribal knowledge as this type if intelligence often stays within workgroups where it originates and seldom is captured for broader use. Specific knowledge, or the type of intelligence that can easily be captured and communicated, is often not used to its full potential as well. Studies in the auto industry suggest that knowledge, not products or pricing, is the new competitive advantage (Dyer, Nobeoka, 2000). The Five Forces Model does not recognize how important knowledge is as a competitive force in the definition of competitive advantage and…...
mlaReferences
Jeffrey H. Dyer, & Kentaro Nobeoka. (2000). Creating and managing a high-performance knowledge-sharing network: The Toyota case. Strategic Management Journal: Special Issue: Strategic Networks, 21(3), 345-367.
Ormanidhi, O., & Stringa, O.. (2008). Porter's Model of Generic Competitive Strategies. Business Economics, 43(3), 55-64.
Michael E. Porter. (2008, January). THE FIVE COMPETITIVE FORCES THAT SHAPE STRATEGY. Harvard Business Review: Special HBS Centennial Issue, 86(1), 78-93.
Core Competency or Unique Strength of the Business
Business
The Inclusive orkplace
In the modern business world employees expect more and have more rights than ever. To accompany this, employees are seen as core contributors to an organization. The workplace has changed from one where employees blindly follow the guidelines of the company to complete tasks, to one where employees are central to the organization. Employees are also more educated than ever before.
In recent decades, issues like employee empowerment, collaboration, teamwork, self-managed teams and cooperation have all become important. Each of these issues have the idea of giving more and getting more at their basis. In Ideas that will shape the future of management practice (Bohl 1996, 8), human resources is described as being the way of the future, "e will see a more mature articulation of the importance of people as a firm's only sustainable competitive advantage." The change is described as giving high reward for high performance with…...
mlaWorks Cited
Berlin, R. (2002). Sexual harassment in the workplace defined. AllLaw. Retrieved October 24, 2002. URL: http://www.alllaw.com/articles/employment/article37.asp
Billsberry, J. (2000). The Effective Manager: Perspectives and Illustrations. London: Sage Publications.
Bohl, D.L., Luthans, F., Hodgetts, R.M., & Slouch, J.W. (1996). Ideas that will shape the future of management practice. Organizational Dynamics, Summer, 7-13.
Cherkasky, S.M. (1992). Total quality for a sustainable competitive advantage. Quality, August, 22-28.
Finally, the universalizing stage is often referred to as enlightenment, or having achieved a true understanding of the nature of good virtue. (Fowler, 1995; p.p. 73-145).
Clearly, my personal ethical values are heavily influenced by my stage of personal development. As I continue to grow, my values will evolve and adapt to my new way of looking at the world. The way that defining moments influence me will also be controlled by my ethical level of development. However, having at least a conscious understanding of my level of development allows me to better understand my ethical influences, work to overcome the obstacles my ethical development stage creates, and better work to be a better employee and leader.
ibliography
adaracco, Joseph L. (2002): Leading Quietly: An Unorthodox Guide to Doing the Right Thing. Cambridge: Harvard usiness School Publishing.
adaracco, Joseph L. (2006): Questions of Character: Illuminating the Heart of Leadership through Literature. Cambridge: Harvard…...
mlaBibliography
Badaracco, Joseph L. (2002): Leading Quietly: An Unorthodox Guide to Doing the Right Thing. Cambridge: Harvard Business School Publishing.
Badaracco, Joseph L. (2006): Questions of Character: Illuminating the Heart of Leadership through Literature. Cambridge: Harvard Business School Publishing.
Fowler, James W. (1995): Stages of Faith: The Psychology of Human Development. New York: HarperCollins Publishers.
Gilligan, Carol. (1993): In a Different Voice: Psychological Theory and Women's Development. Cambridge: Harvard University Press.
Businesses make decisions on a daily basis. Some of these decisions affect man people in the organization, where other decisions are minor and only impact a few people. A decision-making procedure based on sound information and data leads to effective conclusions. Today's fast-paced business environment demands the making of informed decisions based on critical thinking skills. It is our thinking that determines the extent to which we think through the implications of the decisions we make. It is our thinking that determines whether we can identify the assumptions we are making, and whether we should questions those assumptions. A number of different decision-making processes have been suggested. Depending on the type of decision faced, some techniques are more appropriate than others. As a supervisor for United Parcel Service, overseeing 40 individuals who must process and drive thousands of packages to the San Diego airport each morning at 6:30am, organization is…...
mlaReferences Cited
Foreman, Charles W.L., "Modeling and Improving Human Decision-Making," from the Management Course for Presidents, 3-4.
Prokesh, S.E. "Unleashing the power of learning: an interview with British Petroleum's John Browne." Harvard Business Review, 75 (September -- October 1997), 146 -- 168.
Robinson, Alifantis, et. al. "Modeling and Improving Human Decision-Making with Simulation." Proceedings of the 2001 Winter Simulation Conference,
B.A. Peters, J.S. Smith, D.J. Medeiros, and M.W. Rohrer, eds.
The basic objectives of Information Systems in the future will be to focus on the design, construction and use of internal software and computer systems so as to increase the company's output from their people and technology. The internet has allowed IS to refocus its attention to what they historically have done best. When IS was focused on the needs of external systems development, they more than often were less than ideal so they did not facilitate optimum system implementations. The internet has reduced the need to focus on external program implementation and therefore internal processes benefit.
In conclusion, this report aimed to come back with an answer to the question of why so many Enterprise esource Planning projects fail and to focus on how the Internet has provided an opportunity to have businesses focus on the development of their internal applications.
eferences
Koch, Christopher. "The ABC's of EP." CIO (2005): etrieved on…...
mlaReferences
Koch, Christopher. "The ABC's of ERP." CIO (2005): Retrieved on 18 March 2005, from http://www.cio.com/research/erp/edit/erpbasics.html .
Ross, Jeanne w. And Weill, Peter, "Six it Decisions Your it People Should Not Make" Harvard Business Review, Nov 2002, vol. 80 issue 11, p84, 8p.
Bus Tech
Confidence in Hong Kong's legal system is a direct result of its links with the rest of the world. if, in our haste to use Chinese, we change the standard and the meaning of the law, and non-Chinese speakers get pushed out of practice, then we risk losing those links.' The traditional Chinese structure has focused on mediation for civil and commercial cases, with lawyers widely viewed as troublemakers, and on executive punishment for criminal cases; there has been no history of justice through an adversarial process. As the Asian Wall Street Journal warned, "A drift into linguistic balkanization -- part English and part Cantonese, plus jargon grafted from the Chinese mainland -- could unmoor Hong Kong from the international business community." (Callick, 1998, p. 84)
Part of doing business with a foreign county is seeing how they see you. It was essential to impress upon the American companies with which…...
mlaReferences
http://www.questia.com/PM.qst?a=o&d=5000426944
Austin, Michael. "Saul and the social contract: constructions of 1 Samuel 8-11 in Cowley's 'Davideis' and Defoe's 'Jure Divino.'." Papers on Language & Literature 32.4 (1996): 410+.
Hong Kong Telecom
Sustainability is a term that is often used in reference to environmental responsibility. This is the most common use of the term that many people have come to associate with "sustainability." Seldom do people consider sustainability to be associated with other areas of the business environment. Upon reading the article by Swartz (2010), two different connotations of sustainability stood out in my mind. The issue that Swartz addressed which created his very long day was accusations that Timberland was engaging in corporate irresponsibility concerning the environment. This is the only definition of sustainability that many people consider.
Swartz's reaction to 65,000 emails made me think about what I would have done as a CEO, if I had been the one to open my own e-mail inbox to find 65,000 angry emails. Upon reflection of Schwartz's response, I feel that he acted in the best way possible. First, he knew that his…...
mlaReferences
Friedman, M. (1970). The social responsibility of business is to increase its profits The New York Times Magazine, September 13, 32-33 (and then continued on pages 122 -- 126). Story of Stuff ( http://www.youtube.com/watch?v=gLBE5QAYXp8 )
Porter, M.E., & Reinhardt, F.L. (2007). A strategic approach to climate. Harvard Business Review, 85(10), 22-26.
Swartz, J. (2010). "Timberland's CEO on standing up to 65,000 angry activists." Harvard Business Review, 88(9), 39-43.
The market analysis is provided in Table 2.
Table 2: Market Analysis
2012
2013
2014
2015
2016
Potential Customers
Growth
CAG
Home Office
2%
22,000
22,440
22,889
23,347
23,814
2.00%
Small Office
5%
15,000
15,750
16,538
17,365
18,233
5.00%
Professionals
8%
10,000
10,800
11,664
12,597
13,605
8.00%
Academic
0%
12,000
12,000
12,000
12,000
12,000
0.00%
Other
0%
10,000
10,000
10,000
10,000
10,000
0.00%
Total
15.00%
69,000
70,990
73,091
75,309
77,652
15.00%
The company will also use different market strategy to achieve its business goals. Ivy Discover will run a very attractive advertising banner on different websites, which are constantly being visited by target customers, and the business will use several different form of promotion to attract potential customers. The promotion strategy will include discounted package deal. The sale process will include several criteria such as product presentation, relationship building, customer requirements, or needs. The company will build technical products that are more effective than the products of the competitors. The company will provide value for its customers by developing high quality products. The marketing strategy that the company will employ is to use the company website for the marketing promotion. The company will submit the company website into highly ranked search engines such as Google, Yahoo, and…...
mlaReferences
Chaffey, D. (2002) E-business and e-commerce management. Financial Times/Prentice Hall. Harlow, UK.
Cote, L. Vezina, M.and Sabourin, V.(2005). The Strategic Management Process in E-Business. Ivey Business Journal.
Kooten, M. (2009).Software Industry Defies Economic Crisis. Top 100 Research Foundation.
Chantrill, C. (2012). U.S. Real GDP Chart. Government Spending.USA.
As costs continued to escalate and IT was not creating any significant cost reductions through efficiencies, the focus shifted to outsourcing non-critical functions that were routine in nature and could be therefore replicated easily. In 1991, BP senior executives chose to begin outsourcing operations, telecommunications, systems development and IT maintenance. This strategy, along with the recentralization of IT led to the company eventually cutting their IT budget in half from $360M to $170M. BP also was able to redefine their entire centralized spending strategy for IT, with 70% of their budget going for core applications critical to their business including geophysical analysis software and core technologies to help the company be more effective in discovering new energy sources (Cross, Earl, Sampler, 1997). What had been so elusive for BP for decades of IT spending had been hidden in the high costs of duplicated enterprise software licenses that were spread across…...
mlaReference
Ball, Alasdair J. (1995). Process Innovation - Reengineering Work Through Information Technology. R & D. Management, 25(4), 421.
Barrett, J.. (2007, November). Demand-Driven is an Operational Strategy. Industrial Management, 49(6), 14-19,5.
John Cross, Michael J. Earl, & Jeffrey L. Sampler. (1997). Transformation of the IT function at British Petroleum. MIS Quarterly, 21(4), 401-423.
Davenport, Thomas H. (1993). Need radical innovation and continuous improvement? Integrate process reengineering and TQM. Planning Review, 21(3), 6.
Strategic Planning in IT
IT Impact on Service Industry Performance
Cooperative Competitive
Competitive Advantage
Implementation of IT Innovations
1992 U.S. VALUE-ADDED AND EMPLOYMENT BY INDUSTRY
AVERAGE ANNUAL GROTH IN GDP PER HOUR,
MAJOR SECTORS OF THE U.S. ECONOMY
Management TASKS IN BUREAUCRACY VS ADHOCRACY ORGANIZATIONS
This paper addresses the following problem statement: "ithout information technology (IT), a business will not be able to compete globally in any industry, nor in any market it wants to enter. It will not be able to effectively and efficiently optimize its success."
In order to evaluate this statement, a number of issues were examined. The rapid pace of technological change and the effects of technology revolution have launched the world into an era of organizations that are experiencing extraordinary growth in both the development and the dissemination of information and communications technologies. This paper reviews the current literature on the subject of the integration of IT into modern business entities. Successful use of…...
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American Heritage Dictionary of the English Language, Fourth Edition. (2000). Houghton Mifflin Company.
Andreu, R., Ricart, J.E., and Valor, J. (1991). The Strategic Dimension of Transactional Information Systems: Some Organizational Implications. Journal of Information Systems, 1, 223-32.
Ansoff, H.I. (1965). Corporate Strategy. New York: McGraw-Hill.
Bailey, M.N. And Quinn, J.B. (1994). Information Technology: The Key to Service Performance. Brookings Review, 12 (3), 36+.
.....ethical dilemma you know of, and how it was dealt with by management.
Recently, Harvard Business School itself was involved in an ethical scandal when it turned out its dean might be involved in a gross case of conflict of interest (Galani, 2016). Conflicts of interest similar to this one at HBS happen often in organizations of all sizes. I was recently made aware of a case in which a local organization experienced an ethical dilemma involving a conflict of interest. One member of the board of directors had previously served on the city council, and still retained strong connections with the local community. Because the company was a real estate development company, the organization's leadership came under considerable pressure for what appeared to be a conflict of interest and corruption -- using the former councilman's political ties for facilitating development projects and accepting additional advice and contracts.
When the media broke…...
Harvard Business Review has some of the best in-depth reviews of individual companies and may offer you some of the information that you seek about an individual Fortune 500 company’s culture. You could start by looking at individual aspects of what is considered part of successful corporate culture and then look for articles or essays about those different facets of corporate culture, which could be a spring-board for an in-depth analysis.
If we were looking at a Fortune 500 company and wanted to find a source of an in-depth look at its corporate culture, we would search for....
A paper that focuses on topics like strategic decision making, strategy, leadership, management control systems, entrepreneurship, or organization changes can take two approaches. You can thoroughly explain one of the concepts, for example describing that strategic decision making is a method of business planning that looks at long-term goals. The other approach is to do some sort of case study looking specifically at events to determine how one of those topics either impacted or was impacted by a company’s decision-making process. So, the first thing you need to do is decide what type of paper....
Here are the requirements for operationalizing a new institution:
1. Establish goals and objectives:
Before launching a new institution, it is important to clearly define the goals and objectives that the institution aims to achieve. These goals should be specific, measurable, achievable, relevant, and time-bound (SMART). This will provide a clear direction for the institution and help in guiding decision-making processes. (Smith & Rasberry, 2018)
2. Develop a strategic plan:
A strategic plan outlines the actions that need to be taken to achieve the institution's goals and objectives. It includes elements such as a mission statement, a description of the institution’s core values,....
Literature Review
Marketing is a crucial aspect of any business, as it involves identifying and satisfying the needs and wants of customers. The essence of marketing lies in creating value for customers through various strategies and techniques. In this literature review, we will explore different perspectives on the essence of marketing and its importance in today's competitive business environment.
According to Kotler and Armstrong (2016), marketing is a process that involves understanding the marketplace and customer needs, designing customer-driven strategies, and delivering superior value to customers. The authors emphasize the importance of creating value for customers and building....
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