Acquire or Develop Talent: engaging in an acquired talent strategy shifts the responsibility of employees to human resources department to all managers throughout the organization. The process of attracting and retaining profitable employees is well promoted in the organization so this really increases more competitive relation between firms. But if you refer to the book if the company wants to achieve a full acquisition strategy then Tanglewood is going to have to acquire new talent. This is obviously the best strategy for Tanglewood due to its evident looking at the case. They are some inconsistency in the management styles between the first set of stores and the more recently acquired stores.
Though this organization was successful, they were not successful enough to be in the stuck state they were in. The growth of the Levon Corporation should have been the primary focus of everyone in the company especially the management team. Even though bringing the project management consultant in to outline to the management team the importance of project management functionality was stubbornly agreed upon it proved to be the first and most important step in the company’s change process. The employees will feel their opinions are suggestions are valued as a result of the management team taking the time to hear out the consultant. The apprehension of the management team is understood because that is the culture; however, once the functionality is implemented and the management team sees the growth and positive change, the company will be more adapt to change.
Acquire or Develop Talent Tanglewood should acquire talent, because it wants to keep performance and customer service at high levels. In addition, while old stores under Tanglewood have the same basic look, the management styles and human resource can use some improvements. Acquire talent is very helpful for new stores, because employees would “hit the ground running” and be at the peak performance the moment they arrive. Hire Yourself or Outsource Personally, I think Tanglewood should hire itself. Outsourcing is more practical for small and medium companies.
Asset leverage allows ALL to use their best operational assets to expand their business and improve their market share. Customers are absolutely fundamental to the success of a business. A business without customers is not a proper business I think. Whether you are starting out or have are long established, a lot of time and money is spent trying to gain new customers. It is important to remember that a loyal customer can be just as valuable than new one.
The company will benefit from my motivation to get the job done and my organization skills to put everything in place. My strong work ethic would not let me rest until the expansion and restructure processes are complete. Strengths My leadership strengths are that I have a strong work ethic, loyalty, dependability, organized, compassionate, and motivation.
It is a given that strategy and the process go hand in hand. Whereas strategy is the vision the process is taking the strategy and putting it into motion. If Microsoft, Yahoo and Facebook had failed to formulate a strong approach strategy, their processes would have been flawed from the beginning. The major impact this would have on all of the companies would have been a loss of confidence from their employees and business partners. Fortunately the leadership of each company was wise enough to know both strategy and process are interlinked.
I believe that it is very important to be a good role model because your employees and the people whom you supervise will always take your lead and use your examples as their stepping stones. For example: if you want to work with hardworking, respectable people, then you have to set a standard of this behaviour yourself and be a hardworking and respectable person. When it comes to a good role model it is important to understand that employees will only choose to look up to those who consistently display specific standards of work performance that they perceive as superior to their own, and what they see ad desired behaviour. By being a good role model, this needs to be taken into consideration a long with having other characteristics such as: reliability, diligence, leadership, integrity and honesty. In order to ensure that I acted as a good role model for employees I supervise I would endeavour to inspire the people in the organisation to act ethically and with integrity.
This is needed and essential to our success but is dependent upon our ability to assimilate correct information. Accurate information is the most powerful tool of any officer or manager in this industry. To know where a job stands at any time is a necessity if we are to stay at the top of our profession. A source independent of any job is more likely to retain its objectivity. This empowers management to take as much corrective action as is needed.
Employees have an interest in the Sony business because it is a huge company that can make a huge amount of profit which they will get well paid. The suppliers on the other hand want longer contracts this is because they will also be making a good amount of profit as if the company is successful as Sony they will get paid well for the supply of their merchandise to Sony. Trade unions in Sony may be very effective as the company may want people who have the skills to operate with technology and will tend to have a young person working for them that’s where the trade unions come into because they will defend the
The main point to a proposal is to get a clear understanding to your reader or potential buyer. Proposal should be well prepared with a summary of a description that will show what good service that will be provided to the consumer, an administration plan need to always be in place implemented the objectives and resources , business qualification corresponding with the service you are proposing. It is very important that a business proposal is well prepared so that the buyers want get confused and lose interest then you will have to work harder to persuade