Management Essays

 According to Philip Kotler (2005), one of the “megatrends” which is needed to consider by business organizations is a major economic force called “hyper-competition.” This state is characterized as “a period where the rate of change in the competitive rules of the game are in such flux that only the most adaptive, fleet, and nimble organizations survive (D’Aveni 1994).”

The Learning Organisation has been perceived by numerous as a noteworthy expansion in the perception of learning, aptitudes and knowledge inside a managerial environment. By the end of 1980s and the mid-1990s the notion on the LO mounted to distinction and a substantial stuff of literature built up on the subject. The model of the LO provides an ultimate and greatly striking representation of organisational improvement.

The paper explain the nature and importance of control as an integral part of the process of management; and identifies the essential elements in a management control system, and different forms and classifications of control. The case studies relevant to organizational control are considered to observe the real time practice of Hold.

The author states that if by the word free we mean that one gets something for nothing and enjoys a benefit at no cost, then it means that in the world nothing is free because someone is always paying for it. All benefits have a corresponding cost. The air we breathe, kept clean through laws costing millions of dollars to enforce, is not free.

Since the Company is mainly focused on marketing it is very important for the employees to be motivated in order to capture the market since attracting a customer is not an easy job especially in the case of generics. Motivation can make the employees get all the targets settled by the Organisations.

"In a more bureaucratic organization, when the administrator exercises legal authority, contact will tend, as Weber (1947, op. cit.) pointed out, to be impersonal, and all decisions and instructions will refer to an agreed and detailed set of rules.  Constant consultation and internal dialogue are not needed in such organizations.”

Sometimes, IT projects encounter difficulty in completing on time or on budget. The success of an IT project lies in the best practices of project management. It involves interaction between technical and organizational factors. It requires alignment of the company's business strategy and the project's goals.

Gabaix and Landier (2006) observed that a large part of the increase in CEO compensation in the U.S. can be explained without assuming managerial entrenchment, mishandling of options, or theft and that the six-fold increase of CEO pay between 1980 and 2003 can be fully attributed to the six-fold increase in market capitalization of large U.S. companies.

The author explains that the root of the EMH is that it should be impossible to outperform the overall market through expert stock selection or market timing, and that the only way an investor can possibly obtain higher returns is by purchasing riskier investments. The EMH is highly controversial and often disputed.

Rachel Southsea and executive managers face the challenging task to implement changes involving stricter control mechanisms while preserving employees’ expectations and the subjective feeling of security. It is a very delicate task because the changes are likely to affect the status of the psychological contract at the company.

The author states that activities of Enviro Golf Tees in the immediate future will revolve around this concept: creation, distribution, promotion and pricing of a state-of-the art environment-friendly golf tees.  Marketing a product with an objective of helping preserve the environment is the primary goal. 

Organizations are searching for approaches to managing people and production systems in ways that assure the transformation of inputs into quality outputs that meet or exceed customers' expectations. Total quality management, because of its focus on customer satisfaction, arguably is the most widely discussed approach to directing organizational efforts toward the goal of customer satisfaction.

The author states that the size of operation differs greatly among the three travel agents. First Choice is a multiple travel agent, dealing with bookings for multiple companies and airlines. It’s a very large setup with 300 shops in 17 countries. Whereas Althams was a smaller one as compared to the first choice, and PR World was even smaller than that.

The author states that to attain and maintain these, all methods and resources are used in an ongoing process. Mentoring, reflective practice, formal learning, journal-keeping and so forth are involved, as is peer review, in all nursing domains. Colleagues competent in the field can assist by reviewing peers.

This paper has highlighted Corporate Social Responsibility (CSR), which is a new concept being implemented by companies today. Some important reasons for making CSR an important part of company policy have been discussed. The significance of the practice of ethical consumerism, fair trade consumerism, etc.

In the management context ‘control’ refers to the evaluation of performance and the implementation of corrective actions to accomplish organizational objectives. Some people confuse ‘control’ with ‘supervision.’ Supervision is a part of control; it helps identify deviations from the established standards of performance.

Fire service has been established in various localities in the world. Firefighters play a critical role in protecting the public against the dangers by responding to the alarm as fast as possible. This has led to the application of technology in the fire service so as to effectively deal with the disasters (Edwards, 2004).

For years, it has been noted that the free trade invading world markets created debates and discussion with regards to the imposition of it. There are those who attest to its usefulness with regards to low prices of the commodity on the basis that before, most of the imported goods by several countries were too expensive due to different tariffs.

Some people become leaders because they have or develop certain talents and dispositions, or because of their wealth, military might, or position. Others lead because they possess great minds and ideas. And then there are people who stumble into leadership because of the times or circumstance. But none is a leader without willing followers.

The author explained that as a schoolboy he did not possess a very great physique. Neither was he a particularly brilliant student. However, like everyone else, he did feel something unique and special about himself. He did win a cricket match for his school team, participated in soccer, and surprised many with his high jumping abilities.

Strategic management is a consistently evolving field encompassing many changes taking place over the period of time. As strategic management advocates that only constant changes, therefore, the literature on the subject is also changing and evolving as the corporate world changes and new and more innovative managerial practices evolve.

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The author states that Adam Smith’s theories are being challenged today and most serious studies on the management of the workforce are focusing on the overall benefits to all the stakeholders in an enterprise. Smith’s view is based on the behavior of a typical trader who would drive a hard bargain for the end of profit.

In the given paper it is discussed that factors associated with manufacturing work organization and leadership that are essential for improving organizational learning and for stimulating the competence development and motivation among personnel. An increasing number of manufacturing organizations use different types of quality programs.

The author explains that flexibility is the ability to be open to change and new ideas: ideas of strategic acquisitions and mergers. It is the ability to be a part of the Associated British Foods empire. In spite of the recession, and in contrast to rivals like Marks and Spencer and Debenhams, the company could report a 20% increase in sales.

The author states that Medical Science is still in its development stages as cures for diseases that were incurable are being developed. Such an example is cancer, Hepatitis B and etc. These diseases were incurable some time ago but the advancement in medical sciences has enabled doctors to cure such diseases.

Aiken and Keller (2003) present the irrational side of change management pinpointing the challenges that leaders face in implementing change within their organizations. While they agree on Lawson and Price’s ideas of change management, they recognize that the irrational nature of human beings influences the implementation of these ideas.

The author states that the main aspect that a balanced scorecard is concerned about is the constant measurement and monitoring of key factors relating to external and internal aspects of the business. “The aspects that the scorecard contains should be quantifiable. This is because it would be difficult to interpret something that cannot be measured.

The author of the paper states that the business process reengineering (BPR) aspects are in line with how these divisions are made in the quarter of the performance management functions and boundaries. For the human resources tenet, the role of performance management is all the more vital.

The mission is the organization’s reason for being. It defines what the company has set out to do. It is broken down into objectives or concrete goals that the company has to reach in order to accomplish its mission. Each goal needs a strategy and a strategic plan for implementing and evaluating the level of accomplishment of the plan.

The author states that some of the challenges to ensuring that this culture was maintained include things like the fact that this was a small-town bank and the feeling of that needed to be maintained. This came along with the fact that the new culture was really quite sophisticated. Customer service had to feel like it was being done the same as before.

The author states that the initial assessment of international market conditions involves screening foreign markets to discover the potential of different countries. This process includes consideration of rates of growth of economies, new develop¬ments, technical changes that are creating new opportunities.

Experience will tell us that that in cases of tornado, hurricanes and terrorist bombing, the preparations to cope up with the situation seem to always be lacking. Government and private agencies were doing the same activities which very often result in confusion and economic loss from using the improper instruments and required techniques.

We are called upon to evaluate this statement: ‘The manager who wants commitment, flexibility, and creativity from employees is advised to provide them with lots of learning opportunities.’ We must determine what ‘lots of’ learning opportunities are, however. A learning opportunity (‘challenge’) to one person is the threat of change to another. 

In the given work it is stated that to be successful in selling products or services online, a company needs to take into consideration a lot of things more than just the product/service quality. It is also mentioned that and as much as 13.9 percent of all sales have been completed through the Internet (National Statistics, 2006).

In the highly competitive environment of the contemporary age, it is very difficult for a company to survive if the internal departments are disintegrated! The modern corporate environment can be extremely demanding and requires the business and all organizational staff to be very prudent in their approach towards daily business matters.

Healthcare organizations seek to provide excellent service to any patient who comes through their doors and for this purpose, healthcare manager should have ability to handle culturally different patients.

 The risks in Shipping industry are assessed, evaluated and suitable techniques, methods, and tools are studied and new strategies or techniques are suggested that can be implemented in the Shipping industry as a general practice as these would be formulated with the best practices in other industries and though may be altered slightly, would be applicable to the shipping industry as well.

Organizational change has become something that is taking place in most organizations across the globe is embarking on. When talking of organizational change, one is not just talking about the small changes that organizations do undergo, like adding new staff to a department or changing the process of the program of a section of the organization.

Some managers would stop sending goods on account to customers who have large over due receivables. In addition, some companies use different tools or criteria to determine if the managers have been doing profitably or beautifully

Europark is a theme park and Europe is the obvious focus. Spread over 70 hectares and employing over 3000 people, the Europapark also has three hotels, a campsite and a ‘tipi-village’, all of which together can provide accommodation to almost 4,128 customers. The hotels are of special interest for companies to hold conferences.

Such changes are bound to happen just as they happen in the case of any life cycle process. Under those circumstances it becomes the responsibility of the top management of the organisation to perceive the nature and methods of such changes and prepare the organization to meet the challenges of such changes.

After the successful implementation of a solution and after evaluating the implementations the review phase starts which is an ongoing process. People often make a mistake of skipping this phase in the process of decision making and problem-solving. Because when a review is not done there is a great chance that we can fail in both the processes.  

The author states that the quality improvement needs to be monitored continuously through evaluation, feedback or through data collection. When talking about quality management in health care it basically means that the patient who is the customer of the hospital gets the right kind of treatment and that the staff of the hospital should be well trained.

This essay explores the fashion brand management. The brand the essay talks about is Rizla. Ferrari is a brand that one associates with flashy cars. Similarly, Levis Strauss is the brand of popular jeans worn by young and old the world over. A brand can add significant value to a product when recognised and has a positive association in the mind.

Sports organizations have many differentiations from traditional organizations, their administration, and their control can be a really challenging task for any leader. On the other hand, in order for a sports organization to be developed in its industry, it is necessary for its leader to have the necessary knowledge as well as the experience.

The article under analysis researches the relationship between the Situational Leadership Theory (SLT), as well as the effect that leadership itself has on organizations, departments, teams, and work climate and atmosphere. In order to properly interpret and understand the article, the following questions must be addressed.

Organizational creativity, ‘the creation of a valuable, useful new product, service, idea, procedure, or process by individuals working together in a complex social system’, should be managed through the adoption of a multilevel approach which acknowledges existing linkages between the individual, group and organizational creativity.

This paper, Leadership and Management: Defining the Competitive Edge, will further report on the impact that diversity and culture have on management and leadership by observing a centuries old traditional Indian system of management. One of the most important tasks for a leader is to create a mental vision of where the firm will be in the future.

When it comes to strategic development for a company or an organization, many elements are required to create an effective and feasible development strategy. The elements that are usually required for this include objective setting, performance measurement as well as strategic evaluation, strategic initiative formulation.