In 1985, Fred Fetterolf, then president, decided the company needed to document the values that all employees must live by: Integrity, environment, health, and safety; Customer; Accountability; Excellence; People; and Profitability (Lawrence & Weber, 2011, pg.129). Today they have Our Values, Integrity, Environment, Health & Safety, Innovation, Respect, and Excellence (www.alcoa.com). Alcoa has the same values as when they first started in 1888 and today they are the world’s leading producer of primary aluminum and fabricated aluminum, as well as the world’s largest miner of bauxite and refiner of alumina (www.alcoa.com). The top management commitment played a significant role in developing the ethical work climate and organizational performance seen at Alcoa. In the 1990’s Paul O’Neil the CEO implemented the health and safety to the global ethics and compliance program (Lawrence & Weber, 2011).
I INTRODUCTION Otherwise known as Taylorism, scientific management refers to “the systematic study of relationships between people and tasks for the purpose of redesigning the work process to increase efficiency” (Waddell 2013, p. 37). This system of management is clearly aimed at controlling the inevitable uncertainties that arise when humans enter the production process (Jaffee 2001, p. 51) and has many advantages including decreasing production costs and increasing efficiency. However, alongside these contributions, come the drawbacks of such a rigid theory. Although Taylorism is still used amongst some successful organisations of today, it can be argued that other management theories, such as behavioural management theories and contingency theories, focus more on key societal values such as individual empowerment and promoting employee initiative. Thus, these theories may be viewed as more socially acceptable and more relevant to today’s workplace environment.
There are a lot of companies today that are focusing their marketing on environmental protection, which can be very productive tool. Furthermore it is very hard to decide whether corporate change would gain better satisfaction or public promotion and reputation but as far as ethos I definitely agree that it would. In my opinion I would keep existing ethos since they are already recognizable for Bayer Company but would also add respect for environment and safety of workers. If company would truly believe in that ethos it will be more than expectable that outcome of the dilemma would be very different. First of all recycling process would be upgraded and safety would be guaranteed and most of issues won’t even exist if company would truly follow their ethos.
Shades of Grey: The Case of Folole Muliaga Michael Thompson Northcentral University Shades of Grey: The Case of Folole Muliaga Ethical dilemmas occurs daily within corporations and their employees promoting the organization and its employees to react quickly. Sometimes the decision an employee chooses can affect more than corporation. A good example an ethical employee dilemma would be the case concerning Folole Muliaga and Mercury Energy organization. Therefore, after some reflection on the consequences and outcome of Mercury Energy case, the situation surrounding this case exhibit some surprising results in the outcome and consequences. The bigger question after reviewing the case of Folole Muliaga, was did Mercury Energy did something illegal or not?
The team strategy will focus on making these valves with precision, high quality, and very durable material since these valves will most likely be a life-saving product for all people. Keeping CardiCare a client of Riordan will be our #1 goal, and to achieve this, we will need to create strategies that have never been seen before, which will separate our company from the competitors in the same market. A strategy that has been proven to be successful at Riordan Manufacturing is the leadership creation strategy, which designates those individuals who have clearly demonstrated leadership qualities at
Sylvia G. Evans Nucor Case Study Part-4 Management Decision Making-MGT 240 Trident Technical College Professor Daryl Milligan Nucor Corporation SWOT Analysis Nucor Corporation has a lot of capabilities which enables them to have such a strong market base in the steel business. The SWOT analysis represents a company’s Strength, Weakness, Opportunities and Threats. Strengths: One of Nucor’s strengths is their ability to develop energy saving ideas to produce steel and they build plants with low pollution levels. Nucor’s technology has allowed them to lower the cost of their products which helps them to maintain a strong market share. Nucor is known for producing quality products and fast delivery.
Frederick Winslow Taylor In business, many techniques and skills are necessary to succeed. Frederick Winslow Taylor was an American mechanical engineer who was very interested in improving industrial efficiency. His focus was to increase the efficiency and productivity of manufacturers and their employees. By doing this he helped to decrease the overall cost of production. He developed many of the important management techniques that have been adapted and are still used today.
One of the most notable changes Barrett made to Intel’s operations was the reorganization of their business units. According to the CEO, in order to remain successful, Intel needed to avoid duplication of its products and services, promote coordination, and increase flexibility by decentralizing and delegating decision making authority (Palmer, Dunford & Akin, 2009). These changes allowed the organization to react to market changes quickly and effectively, and even simplified operations because Intel was no longer competing with itself in certain markets. However,
We understood that businesses should continuously observe their goods and services to better assist customers. They have to understand what worked and generated earnings last year may not work as well this year. So therefore, product differentiation and positioning are key elements of a company's marketing plan and are fundamental of staying ahead of the game with competitors. Also knowing with including innovative concepts with careful analysis, product differentiation helps to join quality, or price, within a product to push the intended customers to observe it as different and desirable. Then the understanding in the next step is product
A NEW MANDATE FOR HUMAN RESOURCES Human Resource is proving to be a vital part in any of today’s organizational structure. It is believed to be putting essential impact on companies that work with Human Resource. The department itself consists of professionals and expert analyzers who help the company achieve higher success and also are able to keep a hand in the growth. To say it simply, the human resource or the Human Resource management works as a hub of the organization serving as an association among all others concerned. The case ‘A New Mandate for Human Resources’ by Dave Ulrich has so much potential information that explains how the Human Resource were used to be managed earlier, how it is accepted now and in what ways it can be put into fine use to the growth of the company in all departments.