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.
The learning curve will present challenges in that, employees will maintain the need to refer to the old system to proceed with business as usual. Possible struggles presented by the learning-curve are expected from several employees. Some will adjust more than others, but the main challenge is in the adaptation or orientation phase. Technologically, since the system is equipped with back up software, it should eventually eliminate the need for hard copy records and files. This will save time in the long run, which should encourage most employees despite their initial frustration with the management system change.
First, the reactors are more of the go-getter, they put the product out first. This could be both positive and negative, you want to be able to get a head start but if consumers aren't willing to buy then sometimes you won't make profit off of certain products. "Prospector competes primarily by stimulating and meeting new market opportunities, but may not maintain strength over time in all markets it enters" (Muller pg 28). The prospector is always ahead of the game and is willing to re-structure if necessary to continue to be a top
These overall improvements have been a step in the right direction for Lowes’ future. These improvements however do cost money but like every good business man or woman knows to make money you sometimes have to spend it. So this can affect Lowes financial planning in the present and future, currently sales and profits have grown because of the new mobile devices therefore the risk factors are minimized due to the knowledge that these improvements are working but Lowes must continue to analyze the cost for these new improvements every year make sure these things do not become a financial burden. Therefore cost analysis is one factor that can affect the financial planning of the company also minimizing the use of these devices to only the stores is another factor that needs to be considered in the financial planning process. Spending money on training of these devices are also factors that must be considered this takes employees time and cost the company man hours and thus money that could be spent on other things.
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.
As an employee of a company who thinks highly enough to aid in education and bettering oneself as a person, well, gracious seems to come to mind. Changing jobs and employers is not what people normally want to do, so giving them reasons to stay is all that it takes. At Donco, we believe that the continuous effort to assist in employee health and wellness is strategy that affords all to win. A company is made up of its employees, for their bettering is our bettering. Education has many other positive ripple effects.
The risk of tuition reimbursement is worth the investment. Each employee offers diversity and a depth of perspectives. Tuition reimbursement is similar to a work-based education because even though the education is not provided by the employee it is available because of tuition reimbursement from the employer. “Workplace education programs focus on the literacy and basic skills training that workers need to gain new employment, retain present jobs, advance in their careers, or increase productivity,” (U.S. Department of Education, 2008, par.1). The Score Card for Skills was created by the Office of Vocational and Adult Education conference board.
Our system could also look into hiring more teachers with the added benefit of speaking multiple languages and creating more jobs in our area. As older teachers are joining our workforce in the pre-k systems it is helping our program grow in many different areas, including knowledge. We value our older workers because they bring knowledge of what has worked over the years, this is something several jobs do not look
Even though education is a primary key to improve the quality of life of an Alzheimer’s patient, I strongly believe a little fun could go a long way. A day for the caregiver and patient to unload their worries and struggles would not only relieve stress; but get them to appreciate another day of life for their loved one with the disease. I believe even though there isn’t a cure yet for this disease love, care, and hope will motivate the patient to keep fighting and embrace all aspects of their lives. Organization: Because this is a big project I would combine my ideas with the Alzheimer’s Association. The Alzheimer’s Association is a program that provides education to patients, caregivers, professionals, and community members who are affected by Alzheimer’s disease.
State legislatures, State Boards of Educations, administrators, and educators wanted to make sure that students had a quality education so that they could compete in a global economy. Because employers were demanding more from high school graduates, the CCSS development team began their focus on mathematic and reading. These areas are the foundation for all other subjects. Being proficient in these subjects would ensure that high school graduates would be successful in pursuing their goals in obtaining a higher education. With better-educated employees, businesses will produce better quality