Essays on Management Strategies

Event Legacy -Contemporary Issues in Event Management

Introduction The event industry has undergone a tremendous transformation where it has shifted from its traditional nature to being embraced by both professionals and entrepreneurs. The increase in mega international events, such as the FIFA world cup and the Olympics, has attracted different stakeholders, including event managers and other parties, to make such occasions a success. The growth of the industry has also been accompanied by an increase in the size and range of the audience. As a result, event managers are often faced with serious challenges, such as the need to leave a legacy and positively impact the ...

Inter-organizational Innovation Networks (IT): Role of cloud computing and big data on Business Model Innovation

ID number

Abstract

This report looks at how cloud computing and big data impact business model innovation and if these technologies enable companies to implement quicker and more efficient means to interact with customers and enhance their profitability and growth potential. Meta-analysis was conducted by accessing peer-reviewed literature which targets issues surrounding the research problem and research questions. Despite the uncertainty in terms of knowledge and expertise in the IT industry due to rapid technological developments there are still opportunities to be leveraged by businesses. However, in answer to the research questions it is found that cloud computing and big ...

Business Plan

Business Plan

Executive Summary

A business plan is a particular statement that contains the goals of a business and the way of attainment of these goals. The paper presents a business plan that employs a business strategy in defining the business’s overall goals, management team, staffing of the organization and other factors. This plan ideally presents my idea of establishing a new business venture in the field of health care. Initially, the paper presents a well-detailed description of the business that is to be established. This includes defining the overall objectives of the business the particular products that the business ...

Assignment 4: Managing Creativity through Action

Assignment 4: Managing Creativity through Action

Management strategies for Shimon Kornfield

Shimon Kornfield should have exhibited the traits of a change manager to control the morale of the team. Importantly, a change manager combines innovation structures and creative tools used in leading workers to realize the perceived outcomes (Kloppenborg, Shribeg, and Venkatraman, 2003). Kornfield was tasked with handling a complex project that needed vibrant and zealous team members. Evidently, the project faced numerous challenges including the need to keep the members motivated. Hence, Kornfield should have adopted specific management strategies to control the morale of the workers. First, Kornfield should have established a collaborative ...

Analysis of Fogo de Chao Service Marketing

Abstract Contemporary challenges in the business environment are determined by globalization and the increasing complexity of the operations of organizations, which grow outside their national cultures. The effectiveness of marketing strategies for these organizations given high diversity and specificity of business in each of the countries is one of the important discussions in academic context. Service marketing is significantly different from a product for several reasons. To look at the challenges specific to service industry in a context of the international operation, this document analyzes the strategy of Fogo de Chao, Brazilian multinational company, operating steakhouse restaurants in the ...

Balanced Scorecard

Most business managers and owners are concerned with the future performance of their ventures, particularly with respect to non-financial aspects of the business. As such, managers in various business organizations and non-profit institutions have embraced the use of different management strategies that can enable them to measure the trends in the performance of their businesses. One of the management strategies that are widely applied by most industries and other business organizations is a balanced scorecard. Essentially, this card entails a management and business planning system that accommodates the non-financial aspects of the business. It takes into account aspects like ...

Introduction

Overweight and Obesity In the past 3 decades, obesity has been considered as one of the major health issues associated with high morbidity and mortality rates. Many developed and industrialized nations have observed similar trends; however, the rate of obesity in the United States is considered to be the highest in the world (Choquet, H., & Meyre, D. 2011) Obesity is known to grow in an exponential rate within the United States. Based on a recent survey, 1 out of every 3 individuals in America are either overweight or obese. The data also revealed that the US was the only ...

1. How does the teacher gain the attention of the class? Does the teacher utilize different strategies to gain the attention at different times in the lesson? What conclusions can you draw about the strategy the teacher uses? The teacher gains the attention of the class by blowing the whistle. During the entire lesson, the teacher can be seen most of the times blowing the whistle top grab the attention of the students. However, at certain times he can calls the names of specific students to demand their attention or remind them of a particular activity. The teacher uses ...

1.0 Chapter 1 Introduction 1.1 Background and Rationale of the Research The industry of construction is not only a key player in the national economic growth; but also a crucial sector affecting the economic and social welfare of citizenry, particularly in its primary function in providing reliable and decent shelter. It is viewed as one of the most essential sector to highly contribute to the growth of an entire economy at the provincial, national and international levels (Artto & Kujala, 2008). In the recent years, cost modelling and estimation for construction projects have attracted major attention of several research scholars. ...

I have developed a personal study plan because I must follow a well-planned strategy to reach my goal of graduation, which is my definition of academic success (York, Gibson, & Rankin, 2015). Setting personal goals is essential for meeting goals according to MindTools (n.d.). I have reviewed my earlier behavior because I understand I am in a critical situation concerning my personal academic success. I have made the mistake of many of my friends by taking on more than I could handle without thinking through the consequences (Williams, 2005, para. 7). I must concentrate on presenting my best work in ...

Abstract

Risk management is undertaken differently in varied sectors. In a survey of 415 projects in Brazil, the revelation came out that hiring a risk manager or planning for risk enhances project success rate. However, risk means diverse things for different sectors. In IT, some risks are desirable, because they disrupt the status, making some people redundant and increasing the opportunities for the skilled. Hence, the path taken to manage risk in the IT field is different from how risk is managed in other areas. The construction industry is intensive in the use of resources, and risk management should be ...

1.0. Introduction Every business is exposed to small and big risks in its internal and external business environment and risk management strategies are directed to eliminate, avoid, or manage these risks. An effective mechanism for risk management ensures the long term survival, growth, and profitability of an organization. The importance of risk management is peaking in the modern business climate that is much more characterized by uncertainties and risks than its classical form. Financial institutions, as well as all other types of organizations, are also faced with certain threats within their business life, and several of them, if not ...

Introduction

Leadership in the business plays a critical role in offering the direction to the organization, motivation to the workers, and in fostering internal relationship and smooth production (Adrian, 2011). The management plays the dual roles of structural and systematic directives as well as leadership roles along the socio-cultural perspectives. The roles and effective responsibilities of the directorship in the organization is critical in improving the business response and crisis management. Crisis may arise in the firm because of various reasons that can be centered in the internal enterprise operations or from the external factors associated with the industry operations ( ...

Essay one (China’s financial system)

Introduction and Thesis Statement The restoration of an economy from a depression requires a careful adoption of strategies. Various measures that governments use to promote the growth of key sectors as wells the entire economy have severe outcomes which must be considered before they are put in practice. Fundamentally, governments implement different fiscal and monetary strategies to solve economic problems, which may be successful or not. Thus, the analysis of the strategy to be deployed becomes essential to achieve the desired objectives. The financial sector in an economy is of central importance. As such, public policies that impact on ...

Introduction

A global supply chain is composed of processes, interrelated entities, and resources that make and deliver products and services to customers across many countries (Drake, 2012). Due to globalization and increase in international trade, companies are operating and sourcing products and services in many countries. There has been a rise in multinational companies with plants or stores in different countries. This underscores the need for global supply chains to enhance the operations of these companies. Some companies use global supply chains to source for products.

Benefits of global supply chains

Global supply chains enable a company to compete all over the world. A company ...

Introduction

Strategic management is the central pillar of the success of business organizations (Rothaermel, 2015). The performance, as well as competitive capacities of national and international business organizations, hinge on the role of management (Rothaermel, 2015, p. 128). The needs for strategic approaches to business operations and management have become increasingly important due to increased global competition. Multinational corporations adopt various strategies such as national consolidation of firms and functions. Also, multinational companies engage in international joint business ventures through international mergers and acquisition to enhance their operations. Effective management strategies promote the capacities of business organizations to achieve their ...

Abstract

The high prevalence of substance use in the society has made more users to depend on opioid drugs to relieve pains and discomfort because of addiction. The problem contributes to high number of hospital visits and increasing admission rates in hospital’s acute care departments. The following paper aims at reviewing the literature on the acute pain management in chronic pain patients and opioid dependent patients. The outcome of the review plays a critical role in the field nursing practice by assisting professionals to develop strategies that help prevent adverse effects for the patient suffering from acute pain. The ...

Introduction

Performance management refers to the continuous process of communication between the supervisors and the employees which take place throughout the year and are aimed at accomplishing the strategic objectives of an organization. It includes setting up objectives, clarifying expectations, identifying goals, providing feedback as well us reviewing results.

Part one

Government Sector The government through a particular agency laid unique management strategies to ensure higher performance of its sectors these strategies were as follows: It formulated pre-session development materials while still identifying key documents to be used for strategic planning. This paper was to be used as reference sources for these ...

Introduction

Companies found in different sectors of the economy as a result of the specificity of their activities have often been taunted for being responsible for the pollution harming almost every component of the natural environment. Consequently, the mostly unfavorable impacts of their economic activities that have a relationship with outward emissions, as well as, consumptions culminates to resource depletion, water, air and soil pollution and even the climate changes that have continually been realized on the globe. The occurrence of all the above culminates to deteriorating the quality of life and adverse consequences on the lives of the future ...

Suzlon Energy Inc.

Suzlon Energy Inc. is a global corporation that is the fifth largest wind energy company in the world. It was started in 1995 when a textile company in Surat bought two wind turbine generators to help reduce the amount of electricity used and ensure its steady supply when there is no power. This led to the beginning of the wind energy business in India. Over the years, Suzlon’s biggest customers began to make their operations global and thus required consistent sales and terms of service across countries. However, this was a great challenge to the General Manager of ...

Introduction

Performance management is an important aspect of organizational function. It encompasses all the activities that concern the adherence to corporate goals. Performance management is an integral step towards the achievement of company objectives through sustainability (Roos, 1997, p.416). This is done in ways that promote organizational efficiency and consistency. Performance management can be streamlined to concern particular organizational units. Concerning this, it may regard to the activities of an organization’s departments or its employees. Through the creation of performance management strategies. Performance management has been cited in the field of corporate strategy (Youndt, 1996, p.840). Organizations use this ...

Undoubtedly, strategic planning and management have a significant contribution to business success. Planning entails setting of company’s goals and objectives as well as the determination of resources needed to achieve the set objectives. Starting a new venture in a competitive market requires prior preparations and adoption of effective strategies that will help the business to survive. This essay will summarize the basic planning for a new alcohol beverage venture that targets the global market.

Reasons for selecting for selecting China as the target country for the new venture

China has a large market for alcoholic beverages. According to statistics, more than 50% of men and over 15% of women consume alcohol (Wei ...

Personal Improvement Process (PIP)

Personal Improvement Process (PIP)

Introduction

There are instances when bad behavior and habits can hinder personal success. This is one way to failing in life and there are just two possibilities than can be achieved if an individual does not live to reach failure. One is that an individual will remain the same or life will keep depreciating. The latter possibility is worse because beside an individual failing himself or herself, other people are also caught up in the failure. This is the reason that an individual should embrace positive change and having a personal improvement program is the correct ...

Risk Management at Old Mutual Group

Old Mutual risk management strategies are shaped by the potential impacts on the company's reputation, earnings, liquidity and future sustainability. They are strategic, and the companies closely monitor them. Owing to various strategic changes that the company underwent in the period under review, strategic execution risk is the principal risk facing Old Mutual. The company is faced with other principal risks including, economic situations in the country of operation, shifting credit risk across the group and currency devaluations. There are also other inherent potential risks owing to the changing customer needs, market exposures, liability insurance risks, and interest volatility. ...

Role of Small and Medium Enterprises in the Canadian Economy

The Small and Medium Enterprises (SMEs) are acknowledged as the engines of the Canadian economy. The success of these businesses leads to prosperity in the Canadian market. In Canada, 98.1% of the entire business activity lie in the category of small businesses and by the addition of the medium-sized businesses, it amounts to 99.8% of all the businesses. SMEs that belong to the Information Technology (It) industry are the major contributor to job creation and economic growth in Canada. SMEs contribute to more than 45% of the total Canadian export value that is more than $130 billion. It is ...

Abstract

Despite the fact that many organizations have embraced the new management strategies in reflexivity, there are still countless issues in the same regard. It is also vital to remember that for an entity to remain competitive in the market, it must formulate workable management strategies. In this survey, it is demonstrated that it is the sole responsibility of the reflexive managers to make sure that there is a flow of communication pattern in the company. The models include the research the organization undertakes to understand the ethnography behind the rationale of self-reflexivity. The structures of the society still control ...

The company was registered in Delaware in the year 1985. The company had in operation since the year 1830, operating various departmental stores. As of January 30, 2016, the company operated 870 outlets spanning across 45 states in the United States, Columbia District and Puerto Rico. The company operates as well as various online stores, including Macy's.com, bluemercury.com and bloomingdales.com. In addition to that, the company has operations in the United Arab Emirates operating under the license of Al Tayer Insignia. The company's vision and mission strategy are customer satisfaction. Macy's understood the importance of keeping the customers satisfied ...

Criminal justice is one of the most important aspects on today’s political and social agendas of the United States of America. The practice shows that the American criminal justice system in general and the law enforcement framework in particular is one of the most effective and productive in the world (McElreath, p. 98). Statistically, the ratio of successfully investigated crimes is somewhat higher than in the majority of Asian countries, much higher than in Africa and goes on a par with the European countries. Yet, our world is dynamically changes. Thus, organizational systems, as well as organizational behavior ...

“Keeping the peace: Conflict management strategies for nurse managers” by Johansen Mary

The specific conflict that the author addresses in this article is the interpersonal conflict. In the previous section, the author was able to describe the conflict as a form of disagreement of which the involved parties perceive a threat to their needs, interests, or concerns. However, those conflicts that occur in healthcare environments tend to be complicated as they normally involve the ongoing complex relationships that bases on emotions. A conflict also entails substantive, procedural and the psychological dimensions of which the participants in the conflict would respond on the basis of their perceptions regarding the particular situation. Therefore, ...