CalPERS vs. JC Penney Overview CalPERS investment program began on February 22, 2000 when they included JC Penney on their annual Focus List. CalPERS further exclaimed that due to declining sales and a deteriorating customer base they had lost confidence in Penney’s management. Subsequent to the release of their focus list JC Penney made numerous strategic decisions to revitalize and boost the value of the company. Penney forced their current CEO James Oesterreicher to retire. Next instead of promoting from within, they searched for new blood and hired former Barney’s CEO Allen Questrom.
Tanglewood Case 1. According to the Tanglewood’s staffing data we know future HR requirements the numbers of employees that the organization will need in the future to produce its goods and services. Based on the data, we can estimate they need 8500 store associate, 1200 individuals to work as shift leaders, 850 individuals as department manager, 150 individuals as Assistant store manager, 50 individuals as store manager for the coming years. There are two parts that the company will concern about; one is internal workforce, other one is external workforce. The numbers of current employees will be available in the future, but the company is concerned with the exit of employees from the organization.
Several areas will be evaluated, but profit growth over last year will be the determining measure. The company has established a compensation system based on job performance with pay grades related to the requirements and responsibilities for each position. The key positions and also the hard to recruit positions may receive a market premium. The company also will supplement this pay system
o Describe how your recommended revised business practices and processes will affect the company. ISCOM 305 Week 5 Individual Assignment - Operational Components Paper 7. Individual Assignment: Operational Components Paper Taylor Inc. is interested in providing in-house professional development for the company. You have been selected to explain operational components to employees. The material you produce will be used in the management training.
Explore how entrepreneurs make financing decisions when they are faced with timing issues and low bargaining power versus VCs. Mindersoft Stephen R. Chapin Jr., the CEO of a new startup, Mindersoft, Inc., must evaluate an offer from a venture capital firm in March 1997. The firm, Novak Biddle Venture Partners, offers to invest $2.0 million for 40 percent of the company resulting in a $5 million post-money valuation for the firm. He is concerned that the valuation offered by the venture capitalist is too low. He believes that the premoney valuation of the company should be at least $10 million based on the potential profitability of the company and the successful efforts to date in lining up several key sponsorships with national retailers.
Fixed and variable costs should be adjusted to maximize profit • Will is going to need to figure out how much of his product he is willing to offer consumers at different prices. • The demand for this type of product should be researched before setting the price • If there is a high demand for this product, that would help determine selling price • Will has setup a small website to introduce his products selling material where the copyright has lapsed for $10 and copyrighted materials for $15. • In the first six months 1,000 of the older books were sold generating revenue of $10,000 and 2,000 of the copyrighted materials were sol generating revenue of $30,000. • The current market price for books on CD is about $20 for a 500 page book. • It was recommended to Will, by his friend Elsa that he increases the price of his product to allow for additional funds for advertising.
_____3. Return to part one in the Communication Strategy chapter, titled I. Communicator Strategy. After reviewing this section, complete the following activity. Case Study Scenario: The company you work for has just announced that it intends to sign on 20 new clients each month for the next six months. You are a manager in this company and need to communicate this change in a way so that employees will be aligned with the upcoming changes.
(20 points) MGMT 303 Week 6 Case Study Case Study This week, you will be playing the role of a senior manager whose business is growing and is considering bringing on additional staff. However, the HR manager has suggested hiring potential employees on a temp-to-perm basis. Many organizations are recruiting permanent employees using this policy. Read the case: “The Temptations of Temping.” See the case toward the end of Chapter 14. After reading the case, answer Questions 1, 2, and 3.
The Siemens case study has an example of goal setting theory. The article shows that the new boss was motivated to change the way production was done. Instead of taking six week to complete a project they the work load by working longer shifts and weekends to shortened it to one week. It stated that the new boss “was able to motivate people to pull together”. (Brady, 2005) The approach taken by the Ms.
Describe the procedures the employee needs to take to make adjustments to the wages paid to the employees. For example, if an employee takes an unpaid vacation day, describe how the payroll adjustment is made to deduct the workday wage from the employee’s check. Step 5 List payment schedule. Include a description of the frequency payroll checks are cut (weekly, biweekly or monthly). Step 6 Describe how to print checks or submit payroll information to the payroll servicer.