The purpose of the project was to convert the trust division’s outdated information system into a more efficient system using Access Plus, new trust and custody management software made by Select One. The project had been initiated in 1993 under a former CEO, who had been dismissed by the board, and had continued under an interim CEO. By the time Walsh arrived on the scene, over two-thirds of the $18 million budget had been invested in the implementation of the IT project and Providian Trust had built up expectations among clients that the new system would dramatically improve service. Though the company had experienced transitions in leadership at the CEO level, the Access Plus project had stable leadership under the direction of senior vice president of Trust, Investment & Treasury Michael LeBlanc. It was LeBlanc who had argued before the board in April 1994 that the information technology project was critical to the
FTRE Staffing looks forward to helping Tanglewood Corporation with their future staffing and consultation needs. Sincerely, Staffing consultant, FTRE Staffing Staffing Report One Table of contents: Page 1 Labor Requirements Page 1 Markov Analysis Information Page 2 Environment Trends Page 2 Staffing Strategies Page 4 Labor Market Representation Page 5 Memorandum Labor Requirements It is estimated that Tanglewood Corporation will require an additional 4997 employees next year to fill all vacant positions projected for the Spokane, Washington flagship store. It is estimated that there will be 4845 hires needed for store associate positions, 42 hires needed for shift leader positions, 105 hires needed for department manager positions, and 5 hires needed for store manager positions. This information can be seen below in the Markov Anyalysis Information Table. Markov Analysis Information Transition probability matrix | Current year | | (1) | (2) | (3) | (4) | (5) | Exit | Previous year | (1) Store associate | 0.43 | 0.06 | 0.00 | 0.00 | 0.00 | 0.51 | | (2) Shift leader | 0.00 | 0.54 | 0.16 | 0.00 | 0.00 | 0.30 | | (3) Department manager | 0.00 | 0.00 | 0.64 | 0.06 | 0.00 | 0.30 | | (4) Assistant store manager | 0.00 | 0.00 | 0.06 | 0.52 | 0.08 | 0.34 | |
Part 1 The CEO of Mighty Telecommunications, Sharon Wentworth, meets with the new VP of HR, Thomas Brody. Sharon points out to Thomas that many administrative HR functions have been automated or outsourced in the last two years. She wants HR to bring more value to the business and asks Thomas to transform the HR department. She asks Thomas to begin by working with the sales department. After the meeting, Thomas decides to develop a highly skilled team of strategic partners (SPs) who will build strategic business partner relationships with the company’s business leaders.
(Csanady, 2014) Three years after the separation of Tim Hortons and Wendy’s, Tim Hortons inked a deal to partner with Cold Stone Creamery in 2009 to build joint stores and also for Tim Hortons to change its corporate structure to become a Canadian public company. (Csanady, 2014). Tim Horton’s partnership with Cold Stone Creamery was to extend its company’s business into new product categories. Then in February 2014, Tim Hortons ends its partnership with Cold stones Creamery as Tim Hortons made a lot of changes to make its restaurant more productive and competitive. (Shaw, 2014) After all the merger and acquisitions of Tim Hortons, the company is now officially merged with Burger King.
Summary The letter to shareholders begins with an introduction to the troubled economic climate that Tim Hortons faced in the past financial year. Included with the opening of the letter is the company’s financial strength and how they surpassed sales targets. The CEO goes on to share company achievements in 2009 and their strategic plan going forward. Finally, Schroeder concludes his letter to shareholders with Tim Hortons’ iconic brand status in Canada and its goal to build on that foundation. In general, Schroeder has written the letter with a positive theme and has indicated a thriving outlook for Tim Hortons.
Leon's also wholesales appliances to builders, landlords, and retailers through its Canada appliances division. Leon's Furniture Limited has grown from its beginnings in 1909 in Welland Ontario to become one of Canada's mostly respected retailers. Leon's consistent growth of sales and profit is the envy of other retailers across Canada. The challenges Leon’s faces are a decrease in same store sales; according to our research Leon’s Furniture was down 5.4% in 2009 as compared to a smaller decrease of 5.6% in 2008. The decline is significant because it is a measure of operational productivity.
Marble Slab Creamery: A Grand Occasion Marble Slab Creamery is a premium ice cream retail chain of which Penny Thomas has recently acquired ownership rights within the Greater Toronto Area (GTA). She is faced with a two-week deadline to create a marketing plan aimed to generate revenues of $400,000 within the first year of operation. She also hopes to open a catering segment to her business as an additional revenue stream. After considerable analysis, it is recommended for Penny to cater towards families (primarily with young children) in the Thornhill, Vaughan area along with the provision of the catering service. Oakville and Vaughan are the primary locations under analysis (Exhibit 1).
Introduction The article discusses Harvey Finley and his desire to start his own firm selling copy machines. When starting his firm, although he could not afford a whole staff, He needed one immediate employee. Finley hired Cathy Brannen as a secretary/receptionist. When hiring her, Finley offered a salary of 14,000 plus a sales override of two percent of sales. Now that his company is prospering, Finley realizes that his “secretary” was paid 127,614.21 for her services last year and that she will earn at least 10 to 15 percent more money in the coming year.
Under the new leadership and organizational move, the company will transition to a new three-region organizational structure that is hopeful to produce optimization and speed going forward. In each region, a president is appointed and they all will report to Howard Schultz, chairman, president and chief executive officer of Starbucks Coffee Company ("Starbucks announces new," July). Although this expansion is sure to help add on to the building momentum of the company, I think the organizational structure is typical of many successful companies. I wanted to examine a company that has garnered success with more of an unorthodox structure and Whole Foods is
Technology has changed the way we work and demands skilled employees. Today the Bachelor Degree is at a minimum what a high school diploma was 30 years ago because technology has altered education requirements and made the job market more competitive. I know first hand the importance of a Bachelor’s Degree because I have worked in Human Resources for over 15 years. My first role in Human Resources as a Coordinator did not require that I have a bachelor’s degree. The Coordinator role is essentially administrative and I had experience working in an office.