Case Analysis Paul at Plastec has found himself in a tough predicament because he is the first HR manager in a booming company. Paul has the opportunity to take this company to the next level if he can get and keep the required manning. Our learning team will be conducting an analysis on what skills sets Paul could be in need of when hiring a new person to assist him, which employment laws are most important to Paul, what Paul’s #1 priority for training will be, how important it is to update job descriptions for managers and three possible recruiting methods for Plastec workers. Paul has been trying to manage the HR department independently and it is creating many issues. The demand for more products puts demands on more employees which ultimately puts more demand on the HR department.
Our selection process is based on the fact that the combined companies of InterClean and EnviroTech are a mature entity. Mature organizations emphasize the maintenance of market share, cost reductions through economies of scale, more rigid management controls over workers' actions, and the generation of cash to develop new product lines (Cascio, 2005). Overall, our goal over the next several years is to capture the all inclusive government cleaning services and solutions market to expand our business and increase our sales. We will do this by maintaining a well trained diverse sales team, educating our customers, and offering the best and most streamlined customized cleaning
Week 5: Team Assignment Poppler’s Scenario Poppler’s management wants your team to create a proposal to implement technology upgrades to its inventory and customer management systems. Management wants to know how it can benefit from the introduction of new technology and if the investment will pay off. Review the existing business practices of Poppler’s (see Poppler’s gift shop scenario under the Materials tab) and using research, determine what technology upgrades you would recommend. Your team must provide specific information on the major components needed for the upgrade and your rationale for the
The “Five Forces” are external forces that a corporation needs to consider for its business strategy to compete with other in the real world. The “Five Forces” that shape the competition according to Mr. Porter are: 1) Threat of New Entrants, 2) Bargaining Power of Suppliers, 3) Bargaining Power of Buyers, 4) Threat of Substitute Products or Services, and 5) Rivalry Among Existing Competitors. In 2004, Robert Kaplan and David Norton published “Strategy Maps: Converting Intangible Assets into Tangible Outcomes”. Their strategy map provides a systematic way to analyze if the intangible assets are aligned with the critical internal processes. Intangible assets according to Kaplan et al.
Due to the tremdous leaps in technology, company’s market bases have grown from domestic to international as well. Due to this transition to international market, companies such as McDonalds and Apple have diversified their workforce to help accommodate these
Looking ahead she sees a lot of opportunities to bring value around the world. TJX has one of the widest range of demographics in retail. TJX believes that they will gain more U.S and international market share. They plan to become more aggressive toward marketing to attract new customers for the up-coming year. They also plan to upgrade the shopping experience by offering new and exciting initiatives.
Week One During the first week of our studies, the team members learned multiple facets of organizational communication. The team learned different theories concerning personalities and employee interactions. The equity theory is an important factor to determine the reaction of individuals for different situations such as pay, promotions, and tenure. The team learned that matching individual’s personalities with jobs could be a challenging endeavor and personality tests could indicate the individual may not have the proper personality for his or her current job position. We learned that management members might consider not using tests to determine individual’s personalities, because sometimes only judgments on the individual’s abilities indicate stronger personality traits then personality tests.
Employee Motivation Theory Often times companies that struggle with the relationship between the employees and the goals of the organization; sometimes the moral of its employee is thread that sets the relationship apart. Managers have made several failed attempts to establish that relationship with the employee to knit them together with the goals of the organization. Therefore, the company level of accomplishments is diminished. A good manager has learned good people skills, and often times he/she is able to motivate their employees to increase their output. It is important to be able to penetrate any barriers that the employee may have as a defense mechanism.
Business model canvas (Osterwalder) Ice Fili’s business model is typical of a product manufacturing company as seen in detail on the following page. Their target is the mass market where t hey intend to deliver a ‘happy treat on the go which puts a smile on your face’. They rely on indirect distribution with Kiosks (Mini markets) , raw material suppliers and freezing equipment as their key partners. Income is generated mainly from
Merit Pay Analysis for Teachers Merit pay for teachers continues to be a hot topic with valid arguments on both sides of the issue. Unfortunately it is the students and their education that continues to be in the middle of this debate. As Stonebraker argues in his book, The Joy of Economics: Making Sense out of Life, U.S. students “are being outperformed by students abroad in a wide variety of fields”. He continues by stating “Low wages create shortages of high-quality teachers, particularly in math and sciences, and the educational process suffers.” His discussion is thought provoking as it provides an out-of-the-box recommendation to improving teachers’ wages, especially in the more difficult subjects. The goal of this discussion should be what is in the best interest of helping the U.S. students compete academically in a global environment.