In order to correctly carry out these actions it takes being able to present these functions in a way that the consumers can grasp and have a strong urge to want to be a part of the company that is being presented. In order to successfully carry out a particular message that the HRM branch of the company needs to carry out it takes various marketing tools and strategies in which a marketer is professionally trained and well educated on in order to carry out the message the company is trying to deliver to potential employees of various backgrounds that will capture their minds and bring them together to achieve the company’s vision. I think that “marketing” a company’s jobs can improve the strategy focus of human resources personnel because there would more of an influx of potential candidates eager and ready to fill the companies needs and those prospective candidates would already be aware of what the company’s focus is mainly because the of the strategic marketing efforts that were dispersed from the company. 2. If you were planning to use marketing strategies to “brand” a company as an employer of choice, what are some of factors you’d consider?
(Points : 25) 2. (TCO C) Michael Porter proposed a tool, the value chain, for identifying ways to create more value. According to the value chain model, every company is a combination of activities that are performed to design, produce, market, deliver, and support their products. Identify the types of activities that would create value within the organization. How can an organization use this tool?
This could be ensuring that all staff is using best practice and everyone is working in the same way. What impact would their be on the service provided by the business, with the change on working methods will the service offered to clients suffer or will it benefit the client. Failing to review the impact of change could lead to failing within a business. It is important when changes are being implemented with in a business that staff are fully trained and supported throughout. Most businesses would have a change manager who would implement the changes.
There is, however, a difference between management and leadership. Which is more effective for efficient and effective supply management? First of all the Purchasing or Materials Management division of a company must align its objective to the organization’s objective. Supply Management professionals must be involved from the start in the development of the company’s business plan to represent the customers’ potential issues. Also, any changes to the business plan will need supply management’s assistance to implement the changes successfully.
Zahorsky (2009) posits that the SWOT analysis helps a company to look beyond where it is and focus on its visions. Zahorsky (2009) commented that SWOT analysis is the tool for business which is available in the tool box of every business. It can also be viewed as a tool for auditing an organization and its environment (Marketing teacher, 2010). It is therefore advisable for every business to apply this analysis in its strategic management. SWOT analysis is very useful in assisting the companies in overcoming their competitors.
Explain how the influences of globalisation and costed based competition can impact on the operations process and valuate the importance of operations strategies in managing those A business has four main areas that are interdependent on each other to run the business smoothly and successfully. These areas are: Finance, Human Resources, Marketing and Operations. The one we are concentrating on today is operations. Operations is all about production. It is the process involving the transformation of inputs into outputs that is; turning resources and raw materials into final products ready for consumers.
We tried to understand its role and impact in the operation of a business. Product design is the process of deciding on the characteristics and features of the company’s product. At the same time it classifies the company’s image, status, competitiveness and its buyers. It’s like product design sets the standards of the business capacity to sell its product. Product design is said to be a bit procedural because before you came up with it you must consider some steps.
Setting effective SMART goals with employees can ensure that targets are reached (Bateman, 2009). Once effective goals are set, it is necessary for the manager and employee to set a plan of action to meet desired targets. In addition to optimal plans, additional plans should be made to ensure proper implementation of directives. It is the duty of management to evaluate all action plans of employees and to weight the strengths and weaknesses of each plan. Next, after evaluating each plan the manager must select that which best suits the employee and company directives.
1 Executive Summary The summary includes a concise but complete description of the problem addressed in this paper, how we propose to solve it as well as recommendations. 1.1 Problem Statement FlexCon is making an effort to redefine itself by gaining a better understanding of strategic insourcing/outsourcing alternatives. This includes focusing not only on cost factors, but also the true sense of what the core competences of the organization are, and whether the product/service under consideration is an integral part of the core competences. Therefore, the company has elected to conduct an internal review in order to decide where product development efforts and strategic investment should focus. During the internal review of the company, Executive Management noted that too much capacity and talent are being allocated to simple, commodity type items, which are providing minimal product differentiation in the market place.
The culture defines as, what people think, feel and believe which makes the output of any change process and not the input. It can be defined as the result of change that happens when you socialise and interact with people. Following this, there are two ways in which corporate cultures are playing an important role in enhancing the result of multinational companies becoming carriers of convergent practises across national boundaries. First is the mutual agreement between the employer and the employees at certain levels of beliefs and ideals becomes the product and the facilitator of communication between both parties. Second is, firms are needing to integrate an increasingly diverse number of activities and units.