Strategic Supply Chain Mapping by Chun Wei (Ian) Su / 10042080 Carling Motors Co Limited The main focus of creating this supply chain map is to properly identify the supply chain behavioral issues of the business to the management team. Carling Motors Corporation is an automotive dealer for Mazda and Volvo. The business has not been meeting its sales targets for the last three quarters. By using the supply chain map we can identify the performance in the flow of products and services for both the upstream to suppliers and the downstream to customers. Carling Motors is recognized as an extended supply chain consisting of an organization, suppliers, and customers.
The lecture that week concentrated on preparing a SWOT analysis, which is aimed at pinpointing the strengths and weaknesses of a business by critically studying its internal structure for example its technology, employees, marketing strategies and product line (Renault, 2013). We went a step further and learnt to translate these strengths and weaknesses into opportunities and threats respectively depending on the external environment of the business
For companies that undergo growth, restructuring, downsizing and relocating, these are the things that cause changes within the company such as departmental changes, team changes, and the company’s business priorities change. The reason why employers update and rewrite job descriptions is so that employees do not assume what to do on the job, but know what to do. The employer needs the job description to specifically state what is expected, such as travel, management, full time, part time and shift work. A job description also helps the employer determine who can follow directions, and it also aids in evaluations, raises and promotions. Job descriptions are also an important part of the Benefits Specialist’s Job.
international University of monaco | Organizational PsychologyBUMA 613H Assignment 1 | The Treadway Tire Company | Job Dissatisfaction and Hight Turnover at the Lima Tire Plant | | Grégory Meynaud | 08/10/2013 | Prof. name: David Ansiau Question 1: 1. Demonstrate the consequences of employee dissatisfaction on Treadway Tire Company (Treadway) performance and evaluate both direct and indirect costs of employee turnover (is it high or low? What does it mean for the company? Etc.). The performance of a company according to the scientific organization of work depends on these four factors * Compliance with the formal structure * The relationship between the components of the organization * Quality information flow * The flexibility of the structure The employee dissatisfaction results in braking performance of the Treadway Tire Company.3 First the problem of hierarchical respect, foremen have no authority and power over the employees they can't play their leadership role to 100%.
Using the knowledge we have gathered from this course thus far, we will identify the current strategic problems that Citigroup is facing and will recommend solutions to address these problems. We start by giving a brief history of the company, talking about when it was founded, how it has grown over the years, and what it has achieved. We then move on to the current state of the company, presenting recent financial results, a description of its current operations, and the number of staff it employs. Next, we give an overview of and analyze the general industry environment in which Citigroup operates. We then identify the strategic problems that Citigroup as a company is facing, and the strategic problems the financial services industry as a whole is facing.
Ways of improving your own performance in a business environment Learn from your mistakes . Sometimes your performance may be a problem. The best way to deal with this is to apologis e to the relevant people, try to solve the problem and identify ways you can avoid making the mistake again. Performance reviews involve taking a systematic look at what an employee does, and allows areas for improvement to be identified. This is done eve ry 6 – 12 months to allow continuous improvement.
Companies use managerial accounting internally to prepare and manage their business data. They contain guidelines through which accountants follow in their day to day activities. The ethical guidelines have been formed by the institute of management accountants. Organizations use this field in costing of their products and services, budgeting and anticipating for future sales. (Osmond, 2014) Accountants do not always follow the moral guidelines set out by the company’s managerial accounting and thus creating ethical problems within the business.
This paper will address two of the seven symptoms and the impact they can potentially have within the organization. Lack of Opportunities for General Manager Development Management development has long been an important component of corporate strategic planning since the effectiveness of a manager has a tremendous impact on the success an organization. Companies must provide instruction and developmental training for managers to help them perform and execute the mission. If becoming a high performing organization is the destination,
Goal Setting Theory BUS375: Employee Training January 20, 2014 Goal Setting Theory For this week’s assignment I will examine the goal setting theory. This theory states that goal setting is essentially linked to task performance. Our text definition is “a theory assuming that behavior results from a person’s conscious goals and intentions.” (Noe, 2010.p553) I will relate how this theory is used by my current employer examining the advantages and the limitations of this theory. I will explain how this theory would generate the same results in any other organization. The goal-setting theory is used to develop training programs based on specific and challenging goals along with feedback.
Henceforth, this system becomes a major tool for management to either reward or punish its staff. We have studied and analysed the definition of performance appraisal system used by organisations and also briefly discussed what it is used for. However, we further need to evaluate different aspects and factors of this system. Employee Retention Article Base (2009), writes on its website that effort and methods adopted by an organisation in keeping its staff employed with them for a longer duration of time period leads to employee retention. In an organisation, hiring a new staff and getting trained for the job costs would cost twice as much as retaining current staff.