Technological change can also affect the internal working arrangements - machinery leads to redundancies, new training may be needed etc. (Internet shopping and self-scan checkouts) Outsourcing production to cheaper countries. Skills requirements - Assessing the skills of the current workforce is an essential part of human resources planning as it enables a business to build up a profile of the training, experience and qualifications that employees already have. This is very important whether the business is capital intensive or labour intensive. As the nature and type of work changes within an organisation, so do the skills requirements.
PROBLEN SOLVING and DECISION MAKING Making a choice between a specific behavior that I would change would be a rather easy decision. The first behavior that I will seriously work on is procrastination. This behavior falls under the managerial skills of problem solving and decision making. Procrastination is a habit of needlessly putting off relevant activities until another day or time. Procrastination is a behavior that I really need to change.
Benefits of Innovation and Change To fully understand the benefits of innovation and change, we must first understand what innovation and change actually are. The Oxford Dictionary then defines change as “an act or process through which something becomes different. O’Sullivan describes innovation as something “helping organizations grow…Innovation is the process of making changes to something established by introducing something new” (http://www.sagepub.com/upm-data/23137_Chapter_1.pdf). There has always been the need for organisations to change, update and improve but now more than ever given the world’s current economic situation and the need to more than satisfy market needs. First an organisation must recognise their need to change a current process, their equipment, structure or any other possible thing to change.
Generally, the authoritarian leadership style is considered to be the more traditional type. In the past most businesses operated under the assumption that there were not effective reasons to discuss decisions with staff before making significant changes. This rather militant style of operating businesses can be visualized as a top-down approach; decisions come from above and trickle to those below. This is mostly effective, but leaves the people on the bottom, oftentimes the ones actually doing the labor, with no voice about how to perform their daily work activities. Over time management concepts have evolved into modern techniques that rely more on listening to and understanding the needs of employees as more businesses realize how much more productive employees can be when they have some control in their team or work environment.
When deciding to outsource, there are risks such as quality issues, security issues and personnel issues. There are also various benefits to outsourcing such as the ability for the staff to focus on core related business functions. The vendors normally have access to better technology that would otherwise only be available with a large investment by the organization. Costs associated with an outsourcing agreement are primary, secondary and incremental. The implications of outsourcing for the business can be to strengthen the business structure or can lead to a weakness.
In Praise of Margins ESSAY As we reach adulthood and have a professional career, there are far greater demands and responsibilities we need to commit in order to “function” right in our economical society today. With the stress that goes along with those responsibilities, we just can’t help but to sometimes take time off from everything we do in our society and spend it on things that are “marginal”. In Ian Frazier’s article “In Praise of Margins”, he reveals the value of marginal things and defines it as an un-purpose, free-form aimless activity that don’t quite work out, and though it doesn’t account for themselves in the economic world, it is important and necessary for our lives. For young Ian Frazier and his friends, their marginal place were in the woods. It was a place where they “can try out odd ideas” (Frazier p54) and do whatever they feel like doing, without having to worry about what others may think.
New laws and regulations come about because of social and political changes. Organizations abiding by state and federal laws and regulations may result in the organization spending more money on additional taxes, new technology development, and legal fees. Competition may consist of the startup of a new organization offering similar services and products in the same marketplace, which presents a new challenge. The customers are the most critical in the environment. As the end-users, they will usually improve the organization’s image in the community because of satisfaction with the product or service, or ruin the image of the organization in the community because of dissatisfaction with the product or service.
The inspirations of workers can a large problem for managers in business. To maintain a level of performance in every department including production, this problem can sometimes take away from the inspiration of employee problem. Workers do not only require one type of motivation but various
Searching for new sources to be competitive is an ever forgoing challenge. Lasting success requires steady and sometimes dramatic cost reductions, quality and delivery improvements, reduced cycle times, and improved responsiveness to customer, competitive and financial market demands. As I think about the best way to respond to these demands, the development of global strategies and approaches, including global sourcing strategies, will become an increasingly attractive option. Well-developed global sourcing strategies should include improvement opportunities. Global sourcing involves proactively integrating and coordinating common items and materials, processes, designs, technologies, and suppliers across worldwide purchasing, engineering, and operating locations.
Abstract The American economy is driven by business and industry and the ability to create jobs. As technology advances, demographics change, and globalization occur it is of the utmost importance for America’s business and industry to examine their workforce needs. Businesses will need to ask themselves important questions regarding how they will keep up with current technologies, train existing employees, find and hire new employees that meet their needs - both educationally and technically - and continue to keep up with worldwide fluctuations that occur within their trades. One of the major realities facing business and industry is the shortage of a high-skilled, well educated workforce. America could face losing many more jobs.