Management Essays

Many establish museums and cultural organisations cannot only rely on income generated; the public funds are decreasing with an increase in the attendance of people visiting these museums. The planning and implementation of successful marketing strategies have become more important. Weak or no strategy can lead to big trouble.

Leadership is the process of offering guidance in an organization with the aim of achieving efficiency and a sense of direction amongst employees. In most organizations, the concept of teamwork is highly valued; its relevance is evident with respect to the associated benefits. The greatest success strategy for survival and success are team works.

The current economic crisis is clearly due to the failure of both credit & liquidity risk management. These risk management techniques were never linked to market risks in the traditional mechanism of loan life cycles when the risk assessment was carried out based on hardcore native historical data available with the banks having a direct link.

Project management has been depicted as a finely developed and a well recognized and accepted domain of professional expertise and as a sphere for academic study geared at promoting improvements in a system (White and Fortune, 2002). It likewise presents a logical and an efficient methodology to all phases of a project by ascertaining that every move and every step is meticulously conceptualized, supervised, monitored and accounted for.

Some people may adopt authoritarian approach whereas some others adopt democratic style of functioning. Rewards and punishments are the main weapons in the hands of a leader in order to motivate the subordinates. Power is an essential component of leadership.

The author states that strategic planning is one type of planning that exists. When talking about Food and Beverage Businesses, planning is important because it helps in forecasting where the company wants to be in a few years and on the basis of that what goals need to be set and what action needs to be taken.

The author states that Personal Development Plan usually includes a statement of one's aspirations, strengths or competencies, education and training, and stages or steps to indicate how the plan is to be realized. Personal development plans may also include a statement of one's career and lifestyle priorities, career positioning.

I will attempt to identify the problems that De Beers are at present facing. I will formulate a set of recommendations for action to facilitate their move into the US market by means of proposing a relaxation of US antitrust laws with limitations on illicit diamonds, and in conclusion, I will finish off with a number of implementation steps intended for the solutions that have been suggested.

The risk management includes adapting the use of existing resources, contingency planning as well as a good use of new resources. Therefore, the cost of implementing a good risk management policy must not cost more than the amount that the fire, accident, earthquake, flood and other unforeseen events.

Communication can be in the form of speech, sign language, body language, and writing. While communication can be one thing, effective communication is another. What does one mean by effective communication? Trivial communication between friends need not necessarily be effective, whereas one facing an interview board does require effective communication.

The author states that a project usually refers to a task that can be performed by a single or a group of people. By definition, a project means to create a unique product or service at one time for the time being. This property of temporary and one time compares with specific processes or functions, which can be permanent or semi-permanent.

It is often argued that certain organizations like those in the public sector are less adaptive to change then organizations composing the for or nonprofit sector (Salamon, 1995), literature recommending a variety of change management styles and procedures have examined nearly every detail of this unique phenomenon across the globe.

The top management should be able to satisfy its target customers in order to increase the company’s profitability. One of the major purpose marketing is to meet the specific needs and wants of the company’s target market. Since the business buyers and consumers, in general, have different preferences in terms of the product quality, prices. 

With the changed business environment acquisition of the business and technical knowledge has become vital to any organization. Information is an equally vital asset that an organization can possess and these days there is an abundance of information flow within the organization. Strategic decisions are taken on the information and information changes by the minute.

According to the research findings it can be noted that the concept of entrepreneurship is mainly concerned with identifying small business opportunities in the market that are often overlooked by large organizations. There are both pull and push factors that influence the individuals to start their own small businesses or to be self employed.

The concept of organizational behavior has gained increasing interest in recent years. It is considered to be an emerging idea in the business world and as a discipline related to the social sciences. The main area of focus in the organization world is the relation of the nature of people involved in an organization and their behavior.

The main drivers of economic globalization are technological change and the increasing significance of multinational enterprises (MNEs) in expanding the dependence of locations and economic systems across continents and regions. MNEs employ several strategies in order to develop and diffuse innovation across national borders (Welfens, 1999, P.342).

Job analysis may be described as the process that is utilized to gather information regarding the duties, responsibilities, outcomes, relevant skills and work environment relating to a particular job (Franklin, 2005). As such, the process of job analysis requires as much information as possible that puts the job description that is the frequent outcome of the analysis together.

Global expansion occurs when a company stretches its products and services to a new market. In the present research, an international steel cable manufacturer is planning a global expansion strategy and the target market is United States. Though US is one of the biggest consumer of electrical and electronic equipments, the market is saturating and the cable manufacturer will have to make specific strategies in order to cope up with a highly competitive and saturated market.

The researcher of this essay aims to analyze the issues at hand, that are present in Drowling Mountain Ski Resort, that is located in Syracuse, New York. This essay also aims to provide the recommendations for improvement on the subject of marketing, needs of it's customers and the recreational facilities of the resort.

            This paper is concerned with the assessment of researcher’s skills and values as regards to leadership. It shall present his self-insights as to his capacity to become a leader, focusing on 36 measures of leader self-insights. It also presents author’s personal mission statement of how he should develop his leadership skills.

Faced with high fuel cost volatility, scarcity in fuel supply, and high complications in future forecasting demand, many passenger aeroplanes are looking forward to capturing financial savings and good organizations towards fuel procurement. This management essay is going to provide complete solutions measures for airline fuel management.

The main objective behind the formation of the NGO was to develop the health and welfare of the people living in the isolated island of Indonesia. In the paper the focus is mainly on the four functions that is the planning, organizing, leading and controlling of the company

The company was in big crisis and had lost its strong financial position. Moreover under the leadership of Kelleher the company gained back its financial success as the main focus of this CEO was to address the issues related to labor as early as possible and he knew the importance of these relations.

The role of communication in the management of any business is invaluable. Effective communication at the workplace involves the timely exchange of information through the right channel. Effective communication should meet different objectives including ensuring that employees get updated information and the right time.

The paper in specific reference to the literature review in the context of the service design will determine the service requirement from IT-based student attendance monitoring systems in the universities of the UK. The paper has found that service design appears to have significant involvement in the universities’ attendance systems.

Additionally, job design describes the order in which the tasks of a specific job are done (Potter, 2009). Job design usually takes into consideration of all the factors which affect the execution of tasks with an aim of organizing the tasks so that the job is not a risk threat to the employee.

But the results were not at all satisfactory. The employees were paid less for more work. This indicated that they were over worked and dissatisfied. There were many other problems that also prevailed within the department. The career conferences did not take place at proper intervals and conference leaders found it to be a waste of their useful time.

These include the chaotic, stability, and the high performance stages of organizational development. Therefore, with this in the mind of a project leader, it is important that a training intervention is drafted to aid in implementing specific strategies at the organizational level at a practical level.

In the face of increasing globalization, such firms are under pressure to internationalize their operations in order to maintain a competitive edge in the marketplace. Such internationalization requires entrepreneurial orientation and a strong generational family presence in order to maximize the potential for success.

According to the Decision Craft Incorporated (2010), “Revenue Management is a process for capacity-constrained industries to maximize profitability by allocating the right inventory to the right customers at the right price.” It paves way for planning into the future and building a general strategy for running one’s hotel (Twumasi, 2009). 

This is strength because with strong brand recognition or strategic brand management, customers or potential buyers are most likely to develop strong loyalty towards certain brands (Tsai, 2011, p.521). With this, Apple may be one of the companies in its industry to produce a considerable market share.

Event management is a method of planning, preparing as well as producing the event, be it small or big event. There are event managers in the organisations that look after each and every aspects of the event such as planning, organising, implementing, controlling as well as evaluating an event’s overall design, activities and production.

Within the situation that has been described, there is a great deal of complicating factors that deserve to be discussed at some greater length but as a function of understanding the particular case as well as seeking to provide a level of response that could have potentially helped to rectify the situation.

Supply chain management further involves some concepts of activities such as; procurement of raw materials, manufacturing, and distribution of finished products to various destinations (Harrison and Hoek, pp.173-177). Therefore, this study aims to provide an insightful analysis of a case of Bearing Service Inc as discussed.

The different impacts of globalization depending on the internal and external operations of the firm will be the base of the essay. In this respect the positive and negative aspects of globalization will be taken under consideration which will help to analyse the impact of globalization from all prospects.

For the survey questionnaire we shall need a sample of employees from the company. We will profile them according to the criteria mentioned below.Respondent profile includes employees from all levels of the company hierarchy. The reason for choosing employees from all levels is that we want to obtain a 360 degree.

Many organizations promote employees based on their technical competence, and eventually, such employees fail to deliver, as they fail to understand that their jobs entail enabling others to achieve by building a team. Adjusting to their new roles may be challenging, especially if they do not have the necessary skills.

The study of companies who were able to attain and sustain competitive advantage revealed that efforts need to be maximized on a single core competency at a time to ensure success and greater customer value. The division of efforts at numerous domains provides avenues for competitors to provide substitute products to the consumer.

The integration of standards within the business processes has long been witnessed to provide adequate advantages to organizations in terms of achieving their predetermined business objectives. Following designated standards within the business activities tends to offer economic benefits along with improving the practice of different operational functions that are performed by any particular organization.

Career takes the largest percentage of the most productive years in the life of an individual. This means that a career life has to be developed and built in a systematic manner that ensures the objectivity of anyone’s life. On the other hand, the competitive job market characterizes the modern career world, which demands exceptional skills.

The first part examines public holidays in a sample size of eight countries that are; Britain, Japan, Germany, United States, China, France and Bulgaria. It starts by tracing the culture of holidays to ancient Rome under Emperor Claudia and mentions that there were 159 public holidays with games staged in 93 of them.

 When undertaking long-term investments it is crucial for one to plan and strategize on various issues in order to ensure that the investment will result in success. Considering such factors enables an investor to determine which sector of the market to invest where they are sure that they will have good returns on their investment (Northcott 1992). 

Most businesses in the late 1990s embraced new approaches in the construction and implementation of the business models. This was mainly triggered by the technological advance that gave rise to the internet that is widely applied in most business activities currently.

The only way that an organization can cultivate excellence in its work is through effective management of human resources. Therefore, the top question that each manager within the organization should focus on is how human resources need to be managed. Many organizations generally focus on the roles and positions that the organizational hierarchy has to offer.

They are both large firms in their respective countries with over 5000 employees each. The rapid and complex changes in the modern industrial world have resulted to involuntary perspective and approaches to innovation witnessed in the two companies over the years.

This can also be considered true for medical settings such as hospitals and clinics. This type of scenario has its benefits such as ease of access to information and ease of communication and dissemination of information; however, we must also recognize that the use paper in different work environments has a number of disadvantages, some of them universal to every workplace, while others, specific to the environment.

Workplace Safety. Risks are issues that threaten the functioning of an organization. Risks could be caused by various things arising from the business environment in which an organization operates. In the banking sector, the operational department is faced by many risks that could arise from failure to observe internal controls in the bank.

To enable this to happen, many organizations disregard their need for profits and invest more in corporate responsibilities as a marketing tool for their products (34). However, a significant number of organizations embrace the notion that the sole aim of an organization should be generation of profits after which other aims will be appeased by the funds generated.

Equally, planning is important to the time as it gives the team the guidelines and timeframes that they have to match so that the project is completed in time. Further, during this assignment, I was able to understand the meaning of conflict management since I was given the chance to be the team leader and thus I was mandated to handle such issues.