UNIT 13 : Recruitment and selection (P1) In this report I will be explaining how organisations plan recruitment using internal and external sources. I will be relating my work to two organisations, Tesco (Market Leaders) and ASDA (Competition). Vacancies occur due to lack of staff; this may be because of reasons stated below: * maternity leave * promotion * changing jobs * paternity leave * retirement * etc Other reasons may include a business expanding and needing more staff to cope with demand. For example, a new Tesco Express being opened, this will mean more staff will have to be hired to run the new store. A competitor for Tesco such as ASDA may also be expanding and opening new stores in the fight for market leadership.
Justify actions a business might take when experiencing cash flow problems (D1) Possessing a favourable cash flow is important for the existence of a company, since without the capacity to defray purveyors and employees then the company will immediately have to leave off dealing. This problem, which is very strong, is made by the case that companies frequently have to defray many expenses in many weeks or even months before any cash effectively many into the company. Therefore, there are several movements that a company might take when it is experiencing different types of problems. It might provide price reductions boost sales and sales revenue, vending off fixed assets, follow debtor for the cash owed to the company or vending off stocks. Thence, my fundamental objective is to find and propose solution that my uncle might utilise to settle his company’s issues, known as Capelo Design.
Unit six Written Assignment MT435 Operations Management 9/7/2013 Albatross Anchor Introduction Albatross Anchor has grown tremendously over the years causing issues with production and the administrative area of the business. KU consulting is going to Identify short and long term operations changes that the business needs to make to give a clear and sustainable competitive advantage. When making the decision to produce a new product the company took on the work without carefully reviewing the lay out of the floor which cost them time and money with the 36 hour shutdown time to set another process up which is the biggest issue that needs to be addressed. With technology changing and customer demands changing for products now it is time the company implemented changes and become more efficient remodeling is needed as well as new technology to bring everything up to date to meet the needs of the company and customer. Question One Carefully review the assignment scenario/case study.
| Customers | Customers can stop buying products displaying the john Lewis logo, word of mouth means that john Lewis can be seriously damaged by customer shifts. They have a huge influence on the aims and objectives of john Lewis. However john Lewis may feel that it has sufficiently strong, brand loyalty to ignore customer input. | Employees | Employee can make john Lewis alter their aims and objectives to include staff needs and wants, john Lewis altered their company objectives to include the working conditions of its staff, however a set time when unemployment is high, employers are in a position of greater power as employment is harder to find. | Trade union | Unions mainly focus on the treatment and pay of the employees.
Wal-Mart mainly focuses on the role that the retail plays in the employment dynamics, especially wages, job error. Wal-Mart wage concern for new exiting workers and developments of jobs turnovers are affecting by each Wal-Mart store. The different things led to the control of other factors that led to decline retail business. The second variable for Wal-Mart the treatment of entirely absent in work performed through the 1990s. Hicks and Wilburn (2001) evaluated Wal-Mart entrance decision by testing on a contemporaneous and lagged growth variables.
Minimum wages was one of the topics discussed that had many influences toward product pricing of businesses. It is important to understand these concepts and understand the political decisions that may influence the strengths of companies whether they are massive or small. Understanding the negative impacts and comparisons between companies can also help individuals understand the weaknesses that may cause failure to the growth and structure. Some of the factors given in the material for this week have proven severe consequences to past businesses. These factors are very “eye-opening” when discussing the factors that could cause businesses to be put out of business or lose substantial returns on the
Poor hiring decisions can have significant consequences on smaller companies who can not afford these types of mistakes. The major focus should be the matching of an individual with a job within the organization. Week four question helped me to recognize that my manager had lost focus on her manager skills and I needed some touch-up skills on management. It has been a few years since I last hired
In other countries their culture and language vary greatly from the American way (Palvia, S. C., Palvia, P., Weidong, X., & King, R. C. (2010)). Other issues include time differences and working conditions. Within a foreign country that is on the other side of the world, it is difficult to have a productive workforce that can work 24 hours a day, 7 days a week, to be on call during American business hours. These demands can lead to poor working conditions and a not so qualified workforce. To help solve some of these issues major corporations have also outsourced their management teams and most of their business operations, which in turn reduces their management and business operations here within the United States.
Even though there has been a declined in union memberships due to the decrease in manufacturing position, if both enitites were to work harder in developing measures to increase its membership and hold on to their companies they could turn it around and be successful in reaching their goals. The labor unions will need to reach out to existing members and find a way to keep them motivated and involved with the union, which will ultimately attract new membership. Companies on the other hand will need to re-evaluate existing goals and develop ways to contain costs and become profitable. One can help the other if both can learn how to play in the same sandbox. References: About.com Economics.
In many cases, the employer has invested a lot of capital in the organization formulates company regulations and procedures that protect his investments. As it is hard for employees to have same rights in a work place in an environment where the managers dictates what the employees do. As president Ron Gattelfinger of the UAW pointed out during the 2007 September strike, the union is disappointed by the fact that General Motors is not recognizing the contributions being made by it members for the last four years, since 2003. (UAW, 2007) Good industrial relations in work place are hard to define because for a system to be good it has to involve a lot of complex issues. The system has to look at the employees as important aspects in the running of the company.