Organizations need change management to adapt to changes with the least challenges possible. Lewin’s Change Management Model is one of the frameworks for the successful adoption of the change in a company (Hussain et al., 2018). It is a three-step model that helps create permanent alterations by analyzing potential challenges...
The demand for high-quality event organizations is constantly growing, so the event business is becoming a profitable market segment. However, the event business is not a holiday that never ends, but hard work 24 hours a day. Thus, several factors should be considered to develop a business in this area...
Introduction Power can be defined as a person’s, group’s or organization’s capacity to persuade others to act or behave in particular ways. Often, powerful individuals do not require their influence to get things accomplished. They generally influence individuals around them to behave in certain ways by their perceived power. One...
Introduction The requirement for a high degree of flexibility for present-day businesses implies their capability to readjust to rapidly changing circumstances. This task is essential for remaining competitive in the global market, and the effectiveness of planning is significantly conditional upon the application of appropriate strategies and leadership. Therefore, introducing...
Examples of successful companies always inspire researchers who need to understand such popularity. In this regard, the world’s largest company, Starbucks Corporation, was chosen to analyze the strategy in the consumer market. Starbucks is the largest chain of coffee establishments globally, located in more than 65 countries. Every day, a...
Digitalization today is a global, universal trend, transforming methods and tools of management, approaches to management decisions, and the economy (Peterson, et al., 1997). One such business model is the digital subscription. Subscription business standards are based on the concept of selling goods or services to obtain monthly or annual...
Even though the creation of a zine requires the collaboration of several specialists, this business is intended as a small one. In this situation, a sole proprietorship is the most appropriate form of organization. The main advantage of this form is the ease of starting a business and its management...
Change always presents one of the most critical and challenging problems for companies, requiring significant efforts, assiduous attention, and tight collaboration from all workers. This paper aims to discuss the following question: how can the workforce survive and thrive when disruptive leaders enter the company? Leadership plays a central role...
Introduction Southwest Airlines is an American low-cost carrier whose mission is to connect people to what matters to them through low-cost, friendly flights (Purpose, Vision, and The Southwest Way, n.d.). Their vision is to become the most efficient, profitable business while maintaining all of the original values (Purpose, Vision, and...
Prerecorded voice calls, including those with synthesized voices, mobile phones or residential lines, or automated dialers made using Automatic Telephone Dialing Systems (ATDS), require Prior Express Written Consent (PEWC). According to Communications Commissions and courts, no matter how much of an advertising advantage there may be during an initial call,...
Theory X is more applicable to the interpretation of contemporary trade relations in society. The fact is that Douglas McGregor called the prerequisites of an authoritarian leader in relation to workers as Theory X. It is important to list them: People initially do not like to work and avoid work...
Introduction Diplomatic relationships are vital for global economic success and sustainability. The China-U.S row has significantly hindered import/export associations, thereby limiting economic growth and industrial development. China has been a major exporter of industrial and agricultural products to many nations including the U.S. BBC News records that disagreements related to...
Summary Belbin Team Roles Belbin team roles are a type of leadership strategy whereby the managers have to identify specific functions that members are supposed to do and those who should be responsible. A leader should understand the people and their capability to enable effective assignment of duties. According to...
Executive Summary The product of the proposed business is a digital platform and, in the future, a printed edition. Mission Statement: We strive to unite people with similar interests and give them access to publish independent materials. Vision Statement: We believe in the ability to express ideas in an accessible...
The article illustrates a qualitative analysis in which the authors have examined current practices used in supplier quality management to ensure the engineer-procure-construct projects are effectively conducted and accompanied by high-quality supplies and proficient strategies. The authors have conducted interviews and have determined patterns by analyzing documents acquired both from...
To date, the list of management tools that can help a company improve its efficiency includes a truly huge number of different concepts and theories. However, recently, the most popular theories in quality management can be combined into a single concept. The first step in its implementation for many companies...
Incentive conflicts are a largely inevitable part of management and governance. As they are potentially detrimental to the successful ongoing functioning of an organization, preventing and addressing them is a key aspect of risk management in general. As in any other sphere, those employed in the pharmaceutical industry can face...
Purpose An Australian commercial cooking equipment manufacturer plans to expand and penetrate the American market. The company is one of the leaders in the Australian market. Irrespective of lockdowns and certain constraints due to the COVID-pandemic in 2019-2020, the industry is expected to grow steadily, reaching over 4% compound annual...
Introduction This presentation is about the recruitment team strategy for selecting a Project Associate for the State University. There are seven main parts in the discussion, and, to begin with, the company’s introduction is necessary. It allows for creating a public image of the organization and understanding the importance of...
The study of management is a valuable type of education because professionals, who have sufficient knowledge of it, can work in any sphere. The first argument in support of this position is that the logic of modern economics presupposes that managerial skills are required for every business. It is evident...
Abstract Company expansion is a normal occurrence in optimal economic conditions or such as this technology firm, receiving the opportunity for a large multi-year contract. Human resources are a critical component to ensure that company needs and future planning in terms of staffing are adequately met. This paper outlines a...
Introduction In today’s competitive and increasingly global environment, many private and public sector organizations, not excluding the British army, are forced to make changes to compete with their competitors or face being left behind (Cameron and Green, 2004). To make a lasting change, acquiring knowledge through learning how to do...
After reading this article, it becomes obvious that the disruption of the global supply chain is an issue, but the significance of that issue is ambiguous due to bizarre authorial choices. Countries are experiencing deficits in food and household goods because of port delays and the national labor shortage. However,...
Explanation of Inventory Control and EOQ Any business requires effective management of resources to be profitable. Inventory control is referred to as the exact process of maintaining a business’s stock level. It implies all the items, raw materials, manufactured goods, and semi-finished products that are present in the production cycle....
Overview Organizational problems, consisting of improper use of management approaches and skills, can constitute a severe threat to the smooth functioning of the company. In the scenario discussed in the case study, SNHU Pet Supply Company faced just such a problem. The leading cause for concern was a decline in...
The main similarity in the three quality improvement approaches is that they all have the ultimate objective of minimizing waste and enhancing a system’s efficiency. In simple terms, all three methods identify why waste is generated despite the different ways each approach uses to achieve its objectives (Sweeney, 2017). On...
BMW, also known as BMW AG or BMW Group, is a publicly-traded company that specializes in manufacturing vehicles. The company utilizes a broad social responsibility program that focuses on reducing the environmental impact of manufacturing processes and increasing the quality of life for BMW associates and society (BMW Group, n.d.)....
The knowledge of leadership models and the role of culture helps raise the effectiveness of organizational changes and improve the banks employees performance. Leading Change in an Organisation Without a doubt, leadership is an indispensable component of every companys performance, be it a commercial bank or a factory. The chosen...
Introduction Integrated business planning (IBP) has become common among leading manufacturing companies across the globe. It is natural as IBP is beneficial for maximizing the company’s profits through a thorough analysis of strategic plans correlated with sales, resources, and capabilities (Bowersox, 2019). The planning also requires constant adjustments to the...
Introduction Walmart Inc., a major player in the retail industry, is always looking for opportunities to expand. However, this mindset puts significant pressure on top-level management. Philip Thomas, the Vice-President of Walmart’s Human Resources Department, is charged with the responsibility of drawing an organization-wide policy on employee sick leave. Due...
Annotated Bibliography Rolls, J. (2021). Self-Management: A 21st Century Panacea? Organization Development Journal, 67-80. This article evaluates all factors that influence leaders to adopt a self-management approach as a remedy to various challenges experienced by organizations. The author notes that the hierarchical organizational structure that traditionally dominated most businesses is...
Managers and administrators play an influential role in the activity of any company, as they contribute to its smooth functioning and achievement of goals. What are the prerequisites for being successful workers in a business? Such employees should master specific skills and competencies concerning business management and administration. On the...
The chosen article describes the record-breaking decline of Meta Platforms shares. Meta is one of the biggest technology conglomerates in the world, which encompasses some of the most popular social media platforms, such as Facebook, Instagram, and WhatsApp. Due to the 26.02% plunge, the company experienced a loss of $200...
Total Quality Management Total quality management (TQM) mainly describes a management tool for a customer-oriented institution that involves all workers in continuous improvement. In general, it utilizes data, strategy, and effective communications to integrate quality discipline into the activities and culture of an organization. TQM offers the quality assurance that...
The Sloan Valve company needed to overcome the difficulties in their product’s development process as it was complex (more than 16 distinct functional groups) and slow. They used to spend about 18-24 months on the development of a new product. The company’s screening process for product development was problematic, leading...
How has the COVID-19 pandemic reshaped competition? As businesses and sectors prepare for life after the COVID-19 pandemic, one of the most difficult jobs will be determining a new set of objectives. Coping and keeping up with the ever-changing scenario have taken precedence during this crisis. However, as the hold...
Types of Employee Teams Teams are cross-functional, as they consist of specialists from different areas. These professionals work and communicate with each other to achieve specific goals. The described team management suggests that even though each team has one manager, these teams can sometimes be called self-managed or self-directed. Team...
Efficient, advanced, and accessible healthcare is one of the essential pillars of any modern society. All the more important is the fact that according to Kumar et al., in all developed nations medical expenditures grow at a rate exceeding GDP growth (z Gowen et al., 2012, p. 134). As a...
Quality improvement has been a problem for many companies. Thus, many have struggled to keep up with the existing markets and customers, hence failing. This is because, by providing goods that are not of quality, it becomes costly for companies since they have to redo the work. When a company...
The legal side of this situation is founded on the general understanding of tort reform, which translates to any wrongful act by an organization, either negligently or willfully. Based on the understanding, every potential damage or injury can be grounds where a civil lawsuit can be brought (Saladoff et al.)....
Questions and Strategies Each of the research articles that will be selected for the dissertation is to be examined with the help of the following questions: What are the main ideas and arguments of the authors? What are the theories and models that were used to develop the hypotheses? Why...
Summary The essay is devoted to the analytical method of evaluative prediction in business, economics, and other fields of application. Chapters from a textbook devoted to the basic principles of forecasting are used, as well as scientific articles on the basis of which the advantages and disadvantages of the given...
Abstract The following paper examines the interconnection between customer service, customer satisfaction, organizational efficiency, and employee commitment. A critical review of academic literature surrounding the subject of customer service and satisfaction has demonstrated that there is a link between the two concepts. The paper investigated the positive relationship between profitability...
Introduction For a successful company to showcase its trajectory and give potential and existing investors an image of its performance, it needs to establish solid sales forecasts. Adidas America Inc is a sportswear and footwear manufacturer founded in 1949 and is based in Germany (Cadestin et al., 2021). In regards...
Change is an integral element of global and local markets, and these markets are changing more and more dynamically in modern conditions. Today’s businesses, including large corporations and midsize and small companies, are doing everything they can to stay competitive, and this competitiveness requires change from time to time. These...
Introduction BERT is an analytical tool that helps investigate the context of user search requests. The method works on the principle of clarifying the content of a web document with a visitor’s query. In this case: the technique interacts with all the words used in the search command. In addition,...
Order management is a process that helps companies to keep track of orders from clients and management steps involved to fulfill them. Researchers have realized that the process starts immediately after the customer places an order and that integration between departments is needed for it to be successful. The article...
The catering business involves the provision of food at social gatherings. If properly utilized, catering businesses can generate a considerable amount of revenue. Three central business enterprises include catering principles within their business models. These include; hotel banquet and event operations, mobile dining operations, and offsite catering companies. Each of...
Introduction Modern companies and organizations face challenges and problems constantly throughout their existence and have to deal with obstacles that have never appeared before. In the era of capitalism and consumerism, corporations as fast as never make great profits and expand their sphere of influence all over the world. Quantity...
Performance management has become an inseparable part of modern governmental activity. Government managers tend to collect performance information in order to improve governance. However, aspects that provoke the use of performance information are not studied sufficiently, and hence it may be necessary to determine the correlation between the use of...
The Budgeting Table Equipment Estimated Cost in USD Food Truck + Equipment & Wrap 93500 Website 1900 Permits and Licenses 500 Register / POS 1000 Facebook / Twitter 0 Initial Product Inventory 1800 Fire Extinguisher 400 Smallwares 2200 Misc. Expenses 2000 Paper Products 300 Uniforms / T-Shirts 280 Total 103880...
The Tuckman and Jensen model of small group development is a powerful yet straightforward model that consists of five stages of development. Borrowing from Tuckman and Jensen, Fulk et al. (2011) show that future work is prepared when teams come together at the first stage, forming. Here, members are introduced...
Complex project management involves analyzing complex profiles of a project, determining the complexity, and examining management approaches that can be used to manage the complexity. Throughout the module, we have learned different topics involving project management. This report covers the importance of readings assigned in complex project management, the relationships...
Introduction The food industry is essential for every nation, which explains the presence of many quality standards that are used to govern this sphere. Various restaurants, cafes, coffee shops and others typically do their best to provide their customers with adequate service and products. However, it is necessary to mention...
First and foremost, the article by Rowe (2018), entitled “What value-added lessons learned to provide to project management,” was written critically while implementing some other companies’ advertisements. At the very beginning, the author gave an overall image of common people’s attitude to a project manager, their importance, and the quality...
Introduction Al- Juneidy dairy is the leading factory for the production of dairy and food products in Palestine. One of the leading dairy products being produced by the company is fresh milk (“Al Juneidi Dairy,” 2021). At the factory, the process begins with collecting raw milk from farmers and suppliers...
One product that IBM could outsource is its Technology Support Services product. It is a package that has a range of services aimed at tech support, preventive maintenance, and analytics. The elements include hardware and software support services to various extents, with some automated features (IBM, 2021). This would be...
Description The work of the lead manager of an enterprise is associated with change. It can take place in different areas of the firm’s activities. Due to the changes, the manager improves the management of the enterprise. Any changes are related to the development and improvement of the firm’s activities....
Small and medium-sized enterprises (SMEs) are vital for the world’s economies, providing two-thirds of jobs around the globe. SMEs go into internationalization to raise profits or lower business risks. However, successful internationalization requires the production of goods to meet recognized standards and planning of the expansion with necessary adjustments. Internationalization...
The main cause of the stock crash is the hoarding of bad news by management. However, a diverse board has the potential to positively influence the same by minimizing future crash risk. Board diversity entails the incorporation of different attributes, characteristics and skills pitched independently by members regarding planned processes...
Jeff Bezos often starts changes in Amazon to make it correspond to current challenges. However, his attempts are not always successful. Many criticized Bezos because his employee and customer policy are not always correct and transparent (Berg, 2019). However, he took significant steps to improve the company to meet the...
Considering the changes in the business environment and their pace, there is no doubt that making predictions is becoming harder and harder, as well as consulting companies. However, there are some tendencies, which are hard to resist. One of them is, for instance, globalization, which has been notable for decades...
John J. Zillmer is the CEO of Aramark organization, an American company dealing in food delivery, infrastructure, and clothing services to consumers in the school, medical, trade, disciplinary, and recreation sectors. This CEO’s role is to ensure that all the stakeholders and company operations are collaborating and working efficiently. As...
It is vital for personal growth and formulation of a plan for the future to look at accomplishments made and outline knowledge, skills, and abilities (KSAs) that assisted in it. As I remember, I have always considered the greatest achievement I can be proud of opening up a LIMMS room....
State activity combines many components since management is carried out in several areas at once. In addition to directly managing political interactions, social and financial issues also need to be addressed. Governance in the latter area can be particularly challenging because of the intersection of political and economic interests. According...
The phenomenon of collecting and storing a company’s data for the sake of better performance and operational outcomes has become widely recognized since the second half of the 20th century. Essentially, data management serves as an umbrella term for the processes of collecting, storing, organizing, analyzing, and governing the data...
Introduction The formation of a thorough business plan is critical for guaranteeing economic success, as it allows not only to summarize the key theses of the future project but also to identify in advance the weak points necessary for additional refinement. Within the framework of this essay, it is proposed...
Investing in innovation and research is an integral part of many business projects. Developing and executing new ideas that would push the company to grow, the right environment is needed. An essential step towards fostering an innovative culture is providing the team with space and resources (Deschamps-Sonsino, 2020). Comfortable interior...
H&M has been publishing reports on its socially responsible development for about 20 years in a row. The company is really “leading the change” regarding sustainability and it sets an example for other companies. Firstly, H&M was one of the first companies to use recycled plastic in production. For example,...
Introduction Developing a strong and affluent business requires implementing multiple management strategies aiming to sustain the productivity of the endeavor. As the global and local market environment constantly changes, shifting financial, social, and environmental conditions, any enterprise faces various challenges. In the contemporary world, corporations are compelled to withstand the...
Summary The well-known eBay success story has become a cherished dream for many aspiring entrepreneurs. Many economists have also become interested in the eBay case. They have begun to conduct multiple studies on why this particular e-business model has succeeded so much and what roles e-business categories have played in...
The generation of shareholder value lies at the heart of strategically integrated thinking. When it comes to maximizing or destroying shareholder value, the margin for error is relatively thin. As a result, it is critical to pose specific questions for clarity of our knowledge of what generates value for shareholders,...
Introduction The development of a digital application is a comparatively new field that has only recently been aligned with the set principles of scheduling and inventory management. Owing to the fact that the process of app development occurs primarily in the digital context and does not require a significant number...
This article looks at the Titanic wreck in the context of project management, describing the main mistakes and giving tips. Above all, as part of project management, it is essential to take objective measurements, make sure that assumptions are intelligible, and always consider distractions. The imperfection of safety requirements, namely...
Similarities in Managing Versus Leading Leadership is the ability to encourage or guide people within an organization by inspiring and motivating members of a team. Management is the capability to govern and deal with people and developments and also ensure that employees meet their expectations and duties. Leading and managing...
Summary A leader must be able to adapt and implement change himself. The world is changing rapidly, and adaptability is key to successful competition. Change Is a Major Function of Leadership Adaptive leadership is the ability to unite a group of people to solve complex problems and come out with...
Conflict management exists as one of five supervisory competencies within the organization of the U.S. Navy. The structure of conflict management style within the U.S. Navy is structured through proficiencies. The first includes awareness, which openly invites discussion of an issue and does not ignore it (NAVFAC, 2021). The second...
Summary of the Article The article provides five possible areas to assess the political risk that companies may have in the post-pandemic world. To begin with, Cline et al. (2020) claim the political risks that a company faces to be the first area to assess the threats of the post-pandemic...
Comparing and Contrasting Zara and H&M Zara and H&M are clothes retailers that target a similar market both demographically and economically. The two target middle and high-class buyers distributed in urban and suburban areas. Zara and H&M enjoy broad market ranges in their respective countries, Spain and Sweden, respectively. Zara...
Organizational design is a company tool aimed at improving and creating the most appealing image of the organization. Such a system facilitates the development of processes that are vital to the effectiveness of employees. Firstly, the quality of communication between colleagues speeds up the processes, allowing a quick question and...
Introduction In the modern world, there is a high level of competence. Creating a work culture based on employee involvement is essential for improving performance and making the organization more competitive. Increased performance can impact employee satisfaction and well-being, affecting the organization (PricewaterhouseCoopers, 2019). Human resources are the driving force...
Analysis The instructional challenges of the program will include the distance barrier because the organization needs to offer training to the managers running its entities in different parts of the world. This challenge will be eliminated by providing the training program through an online platform. However, this will introduce the...
Revenue Cycle Management (RCM) refers to a complex financial process used by healthcare facilities to manage the flow of revenue in an efficient manner. As the market of RCM continues to grow at a rapid pace, new challenges and pressures appear and need to be addressed to ensure the hospital’s...
Guided coalitions are necessary for effective and seamless organizational change. There are four main features needed to build a functionally guided coalition. First, an organization must ensure that there are enough key players to initiate change. This is known as position power, and without it, those excluded may obstruct progress....
Introduction For this assignment, an imaginary scenario of the conflict within the Human Services Coordination Team (HSCT) would be described concerning the TRIP model of goals. A conflict could be described as the struggle between parties with incompatible goals and limited resources to achieve their aims (Wahl & Maresh-Fuehrer, 2016)....
Definition of Management According to Smith et al. (n.d.), “management is a process of planning, organizing, directing, and controlling the activities of employees in combination with other resources to accomplish organizational objectives” (para. 3) Management is present in all organizations with particular goals and provides self-reflection. Along with differences in...
Review of Literature Early studies of personality and leadership effectiveness relied upon simplified models and designs to explore the correlation of personality with leadership effectiveness. These studies demonstrated the relationships between personality traits and leadership but offered little insight into how such relationships emerged. Leadership strategies and skills mediate the...
Netflix is a globally known company that has, in many ways, catalyzed the current era of streaming services dominating the landscape of entertainment. Despite the growing number of competitors, the company maintains its status as an industry leader, balancing high-quality original content with streaming rights for popular films and TV...
Case Study Analysis Organizations and their structure are complex and multidimensional, which provides a basis for applying various philosophical concepts and theoretical approaches in order to understand the functionality of different companies. Many researchers have contributed to the discourse by exploring the organizational context and the role of management practices...
Bring Your Own Device (BYOD) policies have undoubtedly increased the danger of internal threats to corporations. The dissatisfied worker on the verge of leaving is perhaps the most hazardous individual a firm can have. Such a person has network and data access. They also have additional options to connect to...
Economic entities should adapt quickly to the requirements of a permanently changing business environment to ensure sustainable survival and progressive growth in an unstable modern world. Adaptation is one of the fundamental properties of the existence and development of these sectors. The need to respond quickly to the dynamically changing...
The board of directors should have evaluated the director on the following competencies: accomplishing management objectives, program management, fiscal management, effectiveness in fundraising, board relations, public image, and external relations. The ex-director clearly failed to achieve management objectives in the described case and used fiscal management to his own advantage....
The creation of a multimodal framework in terms of both managerial and marketing banking patterns provides employees with a better perspective on productivity and quality service. When it comes to communication AI data analysis, it becomes evident that both interprofessional interaction and communication with customers benefit from systematization. For example,...
Initial assessed control risk, tests of control, tests of transaction for cash disbursements, and tests for details of cash balances are all used to evaluate the effectiveness of control methods utilized in the company. The compilation of results helps to deepen the analysis of a system within the company, circumstances,...
The function of a manager in a company is often reduced to monitoring and coordinating tasks, yet the specified respective is quite far from reality. Due to the need to coordinate a range of processes, including not only production-related but also organizational and interpersonal issues, a manager must play the...
The integral rule for effective management of any company with high employee turnout is to create convenient work conditions that will retain staff rather than apply some coercive measures achieved by the deception of workers. Managers should also take into account that they should avoid stereotypical thinking that the amount...
The concepts of leadership and management are always identical, but many people do not quite understand the essence of their differences. There is no mystical or mysterious in leadership; it is not the privilege of a narrow circle of the elite. In fact, leadership and management in a company are...
Within modern businesses, keeping valuable information about the organization processes and employees’ experiences is vital for companies that want to sustain the quality of their services and products. However, there is a possibility when some workers depart from the organization or a team is disbanded so that their knowledge might...
The Work Breakdown Structure (WBS) is a must-have tool for any project manager that benefits the project organization process and helps avoid mistakes. WBS is based on collecting all the necessary information, requirements, and scope of work for a project and breaking it down into its constituent parts or deliverables...
Management in organizations implies integrated approach and measures. For correct functioning, leadership, training, and promotion of ordinary personnel, motivation, efficient use of company resources, and other criteria, many concepts, skills, and qualifications from the management are required in the application. A good leader is not only a person in a...
SWOT analysis remains one of the most effective tools in strategic management. The essence of the SWOT analysis is to assess the internal and external factors of the company and evaluate the risks and competitiveness of the product in the industry. Gürel (2017) claims that “while external analysis focuses on...
Introduction Change is part of development, and no improvement is possible without updating the existing practices or replacing them with novelties. Challenges in addressing the risks and sustaining the motivation of the involved individuals can occur throughout the process. Practical support of the related operations can be achieved through change...
