Managing Change at an Unstable Company Essay Example | Topics and Well Written Essays - 1000 words

Managing Change at an Unstable Company - Essay Example Introduction Change refers to transition from a condition to another. Organizational can either be positive or negative to different or all parties in an organization. Managing such changes, especially adverse changes, are important in defining an organization’s progress. This paper explores a case scenario to determine possible initiatives for managing adverse changes in an organization. The paper reports on different approaches that the organization’s leaders must adopt to rescue the unstable company. Summary of the company’s case The organization that has been financially disadvantaged has undergone numerous challenges in the past one and a half years. These include high employee turnover rate, inability to update the company’s software for application in the Information and Technology systems, and stressed up employees who lack motivation. Even though the company’s top management has developed a strategy for reorganizing the company’s job s and responsibilities, each moment of imminent implementation of the strategy is impaired by employee turnover. A more comprehensive approach, based on an understanding of organizational behavior, is therefore necessary for a successful implementation of the strategy towards the company’s rescue. ... This is because such an organization is in dire need of a developmental phase to spearhead its recovery. The skills can for example motivate positive change even in instances where developmental initiatives have not been identified. One of the fundamental skills in development processes is an in depth knowledge of the processes and behavior in the subject organization. This has the advantage of facilitating effective strategies that can successfully spearhead developmental change. Listening and communications skills are also fundamental in development processes that involve coordination of different personnel and activities. Similarly, skills in research and statistical analysis are critical for monitoring and evaluation of change. The skills allow for identification of underlying problems for policy development, determination of progress made in development processes, and control of implementation of change strategies. Identification and implementation of the skills in the organizat ion will facilitate knowledge development in the company’s core problem and a subsequent management towards implementation of a selected policy (Brown, 2005). Short and long-term strategies The company also needs to develop strategies for its developmental strategies. Elements of capacity based theory of change processes; dynamism, learning, and personnel based strategies facilitate development. From this perspective, the company can develop short-term strategies such as employee motivation with the aim of controlling employee turnover during a planned reorganization initiative. Similarly, short term training to promote dynamism among existing employees, prior to a planned reorganization initiative, is essential in facilitating employee’s reception of change. This is

Development of Human Resources Research Paper Example | Topics and Well Written Essays - 3000 words - 1

Development of Human Resources - Research Paper Example The services provided are project management and civil engineering, full design and construction services, and construction services for public and private clients. At 9,000 employees, the workforce has been reduced over the last three years due to economic reasons. The company is profitable and has a solid financial foundation in place. There are 12 offices around the UAE with a talented and diverse managing director team leading the company. This reporter is a human resource strategy student. b. CCDC’s current strategic business objectives involve reducing the levels in the chain of command; implementing a coaching method of management rather than autocratic; maintain financial success, and ensure high-quality services, meet the health and safety needs of staff, meet environmental standards, and improvements made in networks and purchasing agreements. c. While there has been an emphasis on HR policies and initiatives to support these objectives, there is also a question as to whether HR practices add value and how the effects of HR on the organizational culture may be evaluated. a. First, Cabrera and Cabrera (2003) and Rose and Kumar (2006) would note the lack of a human resource strategic framework. CCDC lacks an overall HR strategic framework that HR objectives, programs, training, and policies can fall within or under. The framework could then be used by the leaders when they are conducting their strategic planning to avoid placing the leaders in the position to do the business planning, then step out of the planning and pass the business objectives to HR to do the work from a support standpoint – resulting in a disconnect (Porter, 1996). Both HR and the business need to be operating as one. There are resulting comments regarding HR functioning in a support role, which is counter to business needs.

Women are the Stronger Sex Essay Example | Topics and Well Written Essays - 750 words

Women are the Stronger Sex - Essay Example Women are more nurturing than men because they have to be. Women care for others. This does not mean men do not have the capacity to nurture, but women as a majority have a greater capacity. Women take care of children, the sick, and elderly family members. One author reveals: Over the years, women have won access to the paid workplace, but they have yet to win the social change that truly acknowledges the contributions of unpaid care to the economy and society. Nurturing or caring for another individual involves things not considered manly. An example would be changing diapers, either a child or a parent. Some men do changes diapers, but all women with children change diapers. Women have to nurture, which make them the stronger sex. Women are also physically stronger, not in strength but in health and living with more illness. In the US, a woman’s life expectancy is 79 years, while a man’s life expectancy is 72 years (Cromie). Women live longer than men worldwide. Cromie states, â€Å"While men die from their diseases, women live with them." Although women live longer, they develop â€Å"arthritis, osteoporosis, and diabetes†. This attests to the physical endurance of women. Recently, women have been urged to only donate whole blood, not plasma. In Oklahoma, women have been prohibited from donating plasma. This is due to an antibody that women develop when they are pregnant but are immune to, but men are not. This has caused complications in transfusions, leading to pulmonary problems. Their bodies are stronger than that of a man.

Analysis of the case Essay Example | Topics and Well Written Essays - 1000 words

Analysis of the case - Essay Example It needs to involve younger generations in its activities so as to widen its customer base and introduce new activities that would attract children and young adults. The new entrants in the field and alternative modes of entertainment have emerged as important threats but the Trust enjoys committed members and huge array of assets and activities which are difficult to imitate. Most importantly, in the contemporary environment of technology driven activities, Trust’s use of social media offers cost effective opportunities for advertising its products and places which serve as key strength that could improve and improvise its operational efficiency and revenues. Social media could also be used to promote nature love amongst the children and teenagers. It would be an important breakthrough that would generate greater awareness amongst the youth and also attract them for jobs in the organization. National Trust promotes its activities through myriad ways. As an above the line promotion, it uses radio and places advertisements in the magazines and papers for segmented targeting so as to get maximum leverage. In recent times, it has started exploiting technology by using ‘augmented reality’ to showcase its activities and attract children and youth. Augmented reality encourages the use of smartphones to seek hidden characters which are highly attractive to the young generation who are increasingly using technology in their daily life. It is also using social media to create awareness regarding its activities and job profiles. The sharing of platform with the young generation helps to disseminate important information and generate new ideas which could be used to meet the demands of the young people. The promotional strategies of the Trust have proved highly successful as could be seen by the huge response from the creation of Wallace and Gromit character in the film, A Jubilee Bunt--thon that was made to

New Business Proposal Research Paper Example | Topics and Well Written Essays - 1250 words

New Business Proposal - Research Paper Example The needs of the customer are vital because they help in making changes for the product such that it conforms to their needs (Stark, 2011). Providing a product that suits customer’s needs in terms of size, price and other characteristics will enhance revenue generation due to increased sales (Stark, 2011). The revenue will increase by creating a new product line extension. This process entails bundling the new product with the existing products by using a similar brand name. Apart from improving the name of the brand, the process will act as criteria for marketing the new product (Stark, 2011). As the product gains customers, it is possible to perform an analysis of the market in terms of demand and elasticity. This determines how customers will respond to any changes in price. If demand appears to be inelastic, it will be convenient to increase the prices of the commodity in order to generate sufficient revenue. When demand is inelastic, the amount of sales remains unaltered, meaning that a slight increase in price will result in high revenue (Stark, 2011). Determination of the profit-maximizing quantity requires understanding of basic concepts of total revenue and total cost (Stark, 2011). After performing the sales of the new product, there will be a need to determine the gain at each sales level. This computation shall involve a consideration of all costs including labor plus other variable costs. It is possible to determine the profit maximizing quantity by first computing the marginal profits after the sale and finding where the marginal revenue becomes identical to the marginal cost (Stark, 2011). In this case, the formula: marginal profit= marginal revenue – marginal cost, will apply. If the marginal revenue is higher than marginal cost, it means that there will be a marginal gain (Taylor & Weerapana, 2012). In order to maximize profits, the business shall ensure reduction of marginal costs and improvements in

RESEARCH COURSE WORK Essay Example | Topics and Well Written Essays - 2250 words

RESEARCH COURSE WORK - Essay Example Also, as far as population distributions are concerned, non-parametric tests make no assumptions about the shape of these distributions, nor do they assume that the two populations have equal amounts of variability (Miller, 2006). Correlation and Regression A correlation is a numerical value that describes and measures the characteristics of the relationship between two variables. Typically, correlation measures the direction of the relationship, whether positive (direct) or negative (inverse); the type of the relationship, whether, linear, exponential, quadratic, etc.; and, the extent of relationship, that is, correlation close to 1 or -1 indicates a strong relationship while correlation close to zero indicates the minimality of the relationship. If the relationship is linear, then regression gives the linear equation that best predicts the relationship between the independent and dependent variables (Gravetter & Wallnau, 2008). Measures of central tendency The mean, median and mode of a data set measure central tendency. The mean is typically the â€Å"average† value of the data set, taken by summing up all the data points and dividing the sum by the total sample size. The mean is used when the distribution is somehow evenly distributed, without the presence of extreme values. The mode is the most frequent value in the data set, and is most commonly used when the data is made up of categorical or nominal values. The median is the â€Å"middle value† or the score that divides the distribution in half so that 50% of the values lie below or at the median (Bluman, 2004). When a distribution is symmetrical, the right-hand side of the graph will be a mirror image of the left-hand side. In this case, there is only one mode and it is equal to the mean and the median. Skewed distributions, on the other hand, are lopsided towards one side. Positively skewed distributions peak at the left where the mode is, the median to the right of the mode and the mean to the right of the median. In negatively skewed distributions peaked to the right where the mode is, the median to the left of the mode, and the mean to the left of the median (Gravetter & Wallnau, 2008). The meaning of â€Å"Statistical Significance† Statistical significance is basically the level of risk that one is willing to take in rejecting a true null hypothesis. For example, when testing the equality of the means of two data sets at 1% or .01 level of significance, it means that on any test of the null hypothesis, there is a 1% chance of rejecting the null hypothesis and thus concluding that there is a difference in the means when there is no difference at all (Miller, 2006). Part B. The research topic The data set extracted from Brainmass.com was gathered to conduct research on the housing of a neighborhood that encompasses 5 townships. Using the data gathered from 100 housing properties, the researcher wants to find out the relationship of the characteristics of th e real estate property to its market value. Furthermore, the researcher wants to find out which among the variables have the greatest effect on the market price in order to come up with a mathematical model that will forecast the market value of a property given the values of the independent variables. The research variables The following variables were used in this data set: Price The variable â€Å"Price† refers to the current price or market value of the housing property, measured in thousands of US dollars. This variable is treated

Assignment Mulally Essay Example for Free

Assignment Mulally Essay Assignment # 3 ‘’ Alan Mulally, CEO, Ford Motor company â€Å" Leadership and organizational behavior- BUS 520 Abstract Leadership is guiding people towards productive results to achieve the goals of the organization. An effective leader has the ability to motivate and influence others. The following sources of power represent the engine of influence that they use effectively and ethically to achieve their goals, however, true leaders are supposed to make the employees work hard by giving their efforts and making sure that the goals and the mission of the organization are achieved. To be effective every leader should have the following competencies: Vision, Integrity, Honesty and Values Releasing Potential and Energy. The content of this paper is to outline the roles of leadership and how it affects organizational performance. It then discusses the role of Allan Mulally’s, CEO of Ford Motor Company, and leadership style. The paper also presents how mulally decision to set a goal has increased the company’s performance and mentioning how Allan Mulally’s openness has gained him trust and helped him to reach his goal. Alan Mulally moved to Ford in 2006. He had worked at Boeing since 1969. He had been chief engineer for development of the 777, and was later Vice President of Engineering for commercial aircraft. Mulally had no sales experience, and he wasnt a Detroit car man, â€Å"Much less a car man at all. He sold his Lexus after moving to Dearborn. Whats most impressive is Mulallys results oriented leadership style. His management is crisp and authoritative, although he defers to the firms design experts on the minutiae of the product lines. But on the big questions of the companys past mistakes and where its headed, Mulalley made key decisions that placed Ford in good stead. When mulally testified before Congress in December 2008, along with GMs Rick Wagoner and Chryslers Robert Nardelli, he announced that Ford would be able to survive the recession without a bailout. In 2006, Alan Mulally became the CEO of Ford. At the time, the company was relying heavily on their truck revenue and had several other lines that were not properly supported to earn the best revenue. Some of Mulally’s first decisions were to sell off some of their sub brands, namely Jaguar and Land Rover, and focus more on the small car lines that are becoming more popular with consumers. With a focus on the small cars, this would allow for the company to benefit from economies of scale and increase the profits from selling those cars. He also took out a $23 billion loan to help avoid needing the bailouts that would come 2 years later. Mulally threw away the politics involved in the vice president structure, forcing the weekly leadership meeting to be more about the success of the company than the squabbles of those leading it. He insisted that the vice presidents actually admit to their problems so they can be handled; having operations be labeled either green for going well, yellow for caution, and red for problems. The vice presidents were apprehensive of this at first, afraid to admit their problems and failures, but Mulally made it apparent he wanted to know these issues to resolve them, instead of to sweep them under the rug or assign blame. Finally, Mulally put forth a new mind set for the company; One Ford, involving a One Team, One Plan, One Goal setup. One Team focused on uniting the individual group in Ford into one cohesive team, each member helping out other members, no matter what project they are on or division they are in. One Plan was about restructuring to operate profitably, accelerate development to get new products that customers would want to buy out sooner, finance the plan, and work together as a team. Finally, One Goal was all about developing an exciting viable Ford with profitable growth. Mulally have a more hands on approach to leadership. He wants to know exactly where the company is and how they were going to get someplace better. This is shown with his color coded operations technique with the vice president meetings. His answers to problems weren’t just to shrug them off and go back to the status but rather how to proceed from where those problems brought them. Alan Mulally demonstrated organizational innovation; he used different methods of production and administration. Conveying his ideas and leadership, mulally exhibited his innovation that comprised the ideas from outside Ford in conjunction with those ideas from within Ford Motor Company. The message he portrays involves  planning initiation, execution, selection, and implementation of the objectives to achieve the goals set forth by his administration The success of an innovation is connected to a market forecast of customer needs and wants as well as effective management of the innovation  process. Concentrating on a fewer products to produce with a lot of improvement and service innovation involving the introduction of a new service that meet the customers’ expectations. He has high regard for executive management and maintains open communication. Mulally has an agenda to serve and satisfy not only customers, but employees as well, increase market share, increase profits, and communication is at the top. Alan Mulally has a proven effective leadership style. He is persistent with innovative  processes that address issues within the organization to ensure successful development. His management responsibilities include reducing the risk; managing the customer interface; training and managing staff performance; and engaging Ford’s executive team. Highlighting how successful his tactic can be Mulally has insured his reputation as one of industry’s great leaders; it is well worth paying attention to what he says and learn from his leadership skills. Any successful leader has to know the plan, and areas that need special attention. There are challenging times to be a leader whether it is a cultural crisis, financial crisis, or environmental crisis, but, if one can learn from the experience of a leader such as Alan Mulally, an organization will do just fine and be one of the respected models to follow and learn from.