Wednesday, December 25, 2019

Management and Development - 2671 Words

4DEP Developing Yourself as an Effective Human Resources Practitioner Activity 1 The CIPD HRPM is an outline of what CIPD believes are the core behaviours, activities and knowledge that an individual would need to become a good HR professional. It is also to help the individual develop the above attributes for the future to add value to the organisation. It is a point of reference to show what a successful HR professional should look like at all levels and sets targets and objectives for future development for each of the bands. The HRPM is broken down as follows: 10 professional areas – that layout the requirements, what you need to do and know at all the four bands as well as outlining the predominant behaviours that you need to†¦show more content†¦The HR professional needs to be easy to contact and able to respond quickly and effectively. Obviously employees require accurate pay and benefits, on time. They also want to be given the opportunity for training and development. Managers want an HR function which understands the workforce and can help balance the organisations employee and business needs. They want a proactive HR function which identifies issues before they happen and works with managers to address them. They would like HR to help them with their most challenging people issues including motivation, change and skills development. An HR function which does not understand the business and the workforce completely loses its value. The needs of employees and managers may sometimes be conflicting. For example, managers require high levels of production and longer working hours whereas employees want more time off and more focus on work/life balance. A good HR department need to work with both groups to find the right balance. A way of resolving these conflicts is to focus on the overall needs of the organisation. Ensuring that the appropriate workers are recruited and retained will help this. The skills and abilities of the employee need to be aligned to their job role and HR need to tailor development and training to ensure productivity is reached and to manage turnover of employees. Coaching and counsellingShow MoreRelatedThe Development Of Management Theory1641 Words   |  7 PagesThe main focus behind the development of management theory is the quest for good ways to make use of managerial means. Management theory evolves constantly with the continuous stream of new ideas that come from the attempts to tr ansform theory into practice, and vice versa (Aguinaldo Powell, 2002). Progression in management theory normal happen as key personnel discover great methods to accomplish the most important management responsibilities: planning, organiz-ing, leading, and controllingRead MoreManagement, Communication, And Development1207 Words   |  5 PagesManagement is the successfully built relationship between the manager and their staff. It is the manager’s responsibility to share the motivation, work ethic, and knowledge with their staff. With the managers setting this example, it shows the progressive work styles that the staff can acquire to differentiate themselves from the ordinary from the good and the exceptional. To create a successful bond between management and staff it requires having an open mind and understanding is what will leadRead MoreLeadership and Management Development1342 Words   |  6 PagesCoursework One Front Cover Feedback Form [pic] Leadership and Management Development [M3N220135]      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   | | |Overall | |Essay Contents: Please tick to acknowledge that you have considered the following |Mark Awarded |Essay | |requirements: Read MoreLeadership Management and Development1645 Words   |  7 PagesLEADERSHIP MANAGEMENT DEVELOPMENT REVIEW [Student name] [Instructor name] Date THESIS QUESTION: Are organizations likely to find better solutions to information overload through changes to their technical systems or their social systems -- or both? Why? The organizations today are facing the problems related to information over-load that can be effectively handled by bringing changes in organizational social systems. The people in an organization should know what data and information is criticalRead MoreThe Development Of Management Theory1643 Words   |  7 PagesThe main focus behind the development of management theory is the quest for good ways to make use of managerial means. Management theory evolves constantly with the continuous stream of new ideas that come from the attempts to transform theory into practice, and vice versa (Aguinaldo Powell, 2002). Progression in management theory normal happen as key personnel discover great methods to accomplish the most important management responsibilities: planning, organiz-ing, leading, and controllingRead MoreJournal of Management Development5290 Words   |  22 PagesJournal of Management Development Emerald Article: Applying new science theories in leadership development activities Stephen A. Stumpf Article information: To cite this document: Stephen A. Stumpf, (1995),Applying new science theories in leadership development activities, Journal of Management Development, Vol. 14 Iss: 5 pp. 39 - 49 Permanent link to this document: http://dx.doi.org/10.1108/02621719510081250 Downloaded on: 24-11-2012 Citations: This document has been cited by 3 other documentsRead MoreIt Management : It Career Development Essay2187 Words   |  9 PagesIT MANAGEMENT – IT CAREER DEVELOPMENT ITEC7.450 ASSESSMENT 1 PROJECT OWNERS: NAN LI JAYSON LAVITAG DATE: 15 MAY 2015 Contents Part 1: INTRODUCTION 3 Topic 3 Self-introduction | Nan Li 3 Self-introduction | Jayson Lavitag 3 Desired IT career pathway 3 Part 2: BRIEF EXPLANATION OF THE TOPIC 4 Description of the topic 4 IT Management within an organization 4 Career development within Business or IT 5 Part 3: PROGRESSION AND HISTORY 6 Utilization of IT by organizations 6 Part 4: IT ISSUES AND GROWTHRead MorePeople Management Development22130 Words   |  89 PagesProfessional Development Scheme Assignment Document Consolidated Assignment Document CIPD ConsAss v3.2 9/09 2 Contents Introduction 5 Section 1 General Guidance 7 CIPD Assignment Guidance for Students General Guidance from your Tutors What Assignments must Demonstrate Suggested Approach for Putting an Assignment Together Generic Report Layout Marking Scheme Assignment Grading 7 10 13 14 15 16 21 Section 2 Assignments 29 Introduction 29 Leadership and Management Assignments 31 Read MoreManagements and Employee Development564 Words   |  2 PagesManagement must pledge to deliver employees the opportunity for development through the use of training, cross-training and mentoring. Successful management will be required to provide an annual update on the programs and its outcomes. Management plans and organizes a program for the instruction of new and re-instruction of seasoned Skyrail operators, and other J3DMT employees as needed, in the proper and safe operation of Skyrail vehicles in accordance with J3DMT policies and procedures; †¢ SelectsRead MoreChanges And Development Of Project Management999 Words   |  4 PagesChanges in Project Management Abstract This report discusses changes in project management in today’s world of ‘internet time’ and dominance of ‘time-to-market. It also lays emphasis on alternative development methodologies instead of traditional methodologies which should be adapted in order to prosper in today’s tempestuous environment. In this modern world, business needs are changing at a fast pace and to confront these changes new and advanced development methodologies should be practiced for

Tuesday, December 17, 2019

The And Civil Rights By William Chafe Essay - 1246 Words

To understand the present and the future one must understand the past. The book Civilities and Civil Rights by William Chafe provided a detailed look at North Carolina, specifically Greensboro between the years of the 1930s through the 1960’s. The state of events that occur can be linked to many of the events that one sees today due to the fact that the foundation and structure of the south was built on racism. No one came straight out and said they were racist, instead the problem was covered up with civilities. Few leaders wanted to rock the boat or change things that would allow African Americans rights. This report will show how the civilities during this time hindered the success of civil rights in Greensboro, and also how it was harder for activists in Greensboro to win support and accomplish their goals. William Chafe evaluated Greensboro during this time to determine what went wrong with the civil rights movement and why it took so long to move in a direction that would desegregate the south. During the 1930s Greensboro was home to many black colleges, there was an established black middle class and people seemed to be able to get along and live in the same community with little problems. When the Supreme Court passed the ruling over Brown v. Board of education Greensboro appeared willing to integrate however six years later Greensboro and the rest of NC still did very little to integrated schools. Frank Graham and Howard Odum, two very progressive lawyersShow MoreRelatedRacial Segregation And The American Civil War945 Words   |  4 PagesJim Crow Most of the historians had a belief that the end of American civil war brought with it recommendable changes as far as racism was concerned. This was not possible as there were white Americans who were conservatives and could not let go the racial discrimination, which they believed was the best order of life. The whites they maintained white supremacy by drafting Jim Crow law designed to separate white and black Americans. Jim Crow also consisted of societal behaviors all with the intensionRead MoreThe Decision For Integrating Schools929 Words   |  4 Pagesin the long struggle for equality. William Chafe describes much of the Southern reaction to be more with â€Å"†¦resignation than with rebellion† (Chafe 147). While some policy-makers in the South encouraged people to accept the law with reluctant calmness, the outrage was undeniable for those who supported segregation. The reactions of people in the United States shed light on the reality of the world they lived in, and gave a broader understanding to the Civil Rights Movement as a whole. For many AmericansRead MoreEnd of Segregation933 Words   |  4 Pagesthat a slave only counted as 2/3 of a person. The Dredd Scott Decision by the United States Supreme Court upheld the erroneous belief on the part of early Americans that slaves were property not people (Tsesis 2008, page 77). Following the American Civil War and the passage of the 19th Amendment, this changed and African Americans were finally granted citizenship in the United States. However, African Americans were still not anywhere near equal to whites in the United States, particularly throughoutRead MoreThe Sixties And The End Of Collapsing1871 Words   |  8 Pagesmost fascinating decade post-World War II to study historically. To understand how the country was almost at the brink of collapsing, one must survey one of the prominent political actors during the decade: the student movement. According to William H. Chafe in The Unfinished Journey, the student movement emerged from the feeling that President J ohn F. Kennedy’s â€Å"insistent call for the young to fulfill America’s unfulfilled promises† was a mandate for action. Yet, the conclusions made about theRead MoreThe Womens Movement1533 Words   |  7 Pagesfully recognized, while we ourselves are thrust out from all the rights that belong to citizens, is too grossly insulting to be longer quietly submitted to. The right is ours. We must have it (Rynder 3). This quote from one of Cady Stantons speeches shows what great injustice women had to suffer. Stanton is saying that even the scum of the earth had more rights than highly cultured women. In many aspects of life, womens rights were dramatically less than those of men. Women were not allowedRead MoreBlack Power And Civil Rights Movement1580 Words   |  7 PagesThe nuanced historical debate over the concept of black power divides Civil Rights movement historians into two distinct categories. One grouping of historians interpret the issue of black power as a vague top-down strategy utilized to incite controversy. The other group of historians promote a bottom-up approach to black power, arguing that the statement reflected the already present ideals of the black community and best encompasses the path to their liberation. The former group likewise criticizesRead MoreEssay on The Civil Rights Movement2400 Words   |  10 Pages This paper will discuss the Black struggle for civil rights in America by examining the civil rights movements history and reflecting on Blacks status in contemporary society, will draw upon various related sources to substantiate its argument. The history of Black social change following the Emancipation Proclamation will be provided to show the evolution of the civil rights struggle. Obstacles that impede the movements chance of success, such as ignorance in both Whites and Blacks, andRead MoreThe Strength Behind The Nonviolent Student Movement1921 Words   |  8 Pagesthe subsequent formation of the Student Nonviolent Coordination Committee, was influential to the civil rights movement as a whole in that it, through a series of preexisting networks established by members of the long civil rights movement, tapped into and harnessed the power of the valuable student population and allowed them as a group to work as a strong and valuable force within the civil rights movement as a whole. Though the sit in movement and the SNCC were not the first mobilization ofRead MoreDecrypting Politics2558 Words   |  11 Pagesrecognizing his love for a family member who had served in the military. The school, however, made him remove the flag because other students had complained. The school wants peace and harmony at the expense of a student’s first amendment right to free speech and his right to show the country’s flag. To take conservatives as a lump sum and consider that they all, in this case, do not care about political correctness would be a generalization that the general public seems to accept, but is not accurateRead MoreHistory Through Music And Movies1597 Words   |  7 Pagesgrow up fast in order survive this adventure, which he is able to do with little emotional repercussions that the average youth would be expected to experience if thrown into that situation. During the 1970 s, the youth become involved in the civil rights movement, causing them to act more mature in order to be listened to. Youth stay separate from adult life until becoming one themselves; there is a rift in beliefs (acceptance of others, etc.). The youth had to come together in order to get things

Sunday, December 8, 2019

Strategic capabilities darden free essay sample

Strategic Capabilities In this part of the report the different capabilities of Darden will be explained and which of these capabilities lead to competitive rivalry. But first the different resources and competences will be discussed which will lead to the capabilities. 1) Resource; A physical resource of Darden is; There different restaurants, with this is meant the different buildings that Darden owns with the different kind of restaurants. 1) Competence; The competence that Darden has is; To make different kind of dishes. 1) Capability When the above mentioned resource ad competence are linked then the following capability emerges; Flexible to make different dishes for different markets.Darden has 8 different brands. Each brand standing for its own kind of food like; Italian of seafood. This means that Darden offers all kinds of food to the consumers. After applying the VRIN model to this capability the conclusion is; V- This capability is a value for the consumers due to the fact that Darden gives them the opportunity to choice between different restaurants. This capability allows Darden to be profitable in the market. R- Different brands plus products are included in one chain. Unfortunately for Darden is capability is not Rare, different competitors have the same kind of capability. ( for example Laundry’s, DineEquity) I- This capability is possible to imitate, but this will take some time and the right amount of financial resources. N- This capability is possible to substitute by another company. For example Yum Restaurants, they have also different dishes for different markets with their Taco bell, KFC and Pizza Hut. Conclusion Capability 1); The above mentioned capability is not one that is unique and that is not difficult to imitate, but however it is still a strength for Darden due to the fact it gives Darden a great brand image, and it gives it an advantage compared to their smaller competitors who do not have this capability as strong as Darden. 2) Resource; A Human resource that Darden has is: Well trained and guided staff. 2) Competence; A competence that Darden has is; Skill to buy the best products (for example Darden sources top quality seafood from more than 100 varieties. 2) Capability; When the above mentioned Resources and competence are combined then the following capability emerges; Capable of making high-quality food. High quality is always something under discussion, what is high quality? In this case is meant food that has a very good quality versus cost proportion. And speaks to a lot of people. After applying the VRIN model to this capability the conclusion is; V- This capability has a great value for the consumers because a good quality versus cost proportion is something that quest will remember and will tell to their friends and families. R- This capability is not rare, there are a lot of restaurants that can make high quality food against a good price for the consumers. I- Is this capability Imitational, yes when looking at the above mentioned point ( R) there it shows other restaurants are already doing this. N- This capability can be substitute, what has been explained earlier is that restaurants are already having the same kind of capability. Conclusion Capability 2) The capability of making high-quality food is very important for Darden because consumers expect a level of quality when they go to one of Dardens restaurants. For this case it is a strength of Darden. However it is not a very strong capability due to the fact that multiple competitors are doing the same and that it is very easy to imitate or substitute. 3) Resource; A resource that Darden has is; There strong marketing. 3) Competence; A competence that Darden has is; Using all kinds of advertising. 3) Capability; When the above mentioned resource and competence are combined then the following capability emerges; Dardens ability to market its restaurants. Darden is a leading advertiser in the full size dining segment of the hospitality industry. Darden uses different kind of methods to advertise their brands, like local and cable television, digital advertising, billboards, search engine marketing, radio and newspapers. After applying the VRIN model to this capability the following conclusion can be made; V- This capability will generate more consumers which will bring more revenue, if the cost are low enough to be profitable in this part then this can be a huge Value to the company. For the consumers this will also be a Value because they stay up to date with new actions, menu changes and promotions. R- This capability is not rare at all, almost every company has a marketing department and advertises itself. I- Marketing is very imitational due to the fact that everybody sees them so other companies can easily use the same kind of method, However due to the fact that Darden has multiple brands is can target and advertise to all these markets at the same time which gives them an advantage. N- This capability can be substituted by a different company, because there are already companies with multiple brands that target and advertise to different markets. (Laundry’s) Conclusion Capability 3) Of the 3 capabilities mentioned in this part of the report, capability 3 is the weakest. It is still an important part of the company, but it is very difficult to stand out on marketing now a day compared to competitors. It is more a capability that is at least required to be successful. Conclusion Capabilities When looking at the 3 different capabilities explained in this part the capabilities concerning the different dishes and the high quality of food are two strong and important capabilities that Darden has. The marketing capability is not as strong but it is still a plus point of the company. Without the marketing Darden would not be as successful as it is today.

Sunday, December 1, 2019

Weighted Average Cost of Capital and Single Hurdle Rate free essay sample

How does Teletech Corporation currently use the hurdle rate? Currently Teletech uses a single hurdle rate for both their Telecommunications Services and Products and Services divisions. The hurdle rate is the cost of capital based on an estimate of the corporation’s WACC. 2. Please estimate the segment WACCs for Teletech (see the worksheet in case Exhibit 1). As you do this, carefully note the points of judgment in the calculation. CorporateTelecommunicationsProducts Systems MV asset weights100%75%25% Bond ratingA-/BBB+ABB Pretax cost of debt5. 88%5. 74%7. 7% Tax rate40%40%40% After-tax cost of debt3. 53%3. 44%4. 48% Equity beta1. 151. 04 1. 36 Rf4. 62%4. 62%4. 62% RM10. 12%10. 12%10. 12% RM-Rf5. 50%5. 50%5. 50% Cost of equity10. 95%10. 36%12. 11% Weight of debt22. 20%27. 1%9. 2% Weight of equity77. 80%72. 9%90. 8% WACC9. 30%8. 49%11. 41% 3. Interpret Rick Phillips’s graph (see Figure 2 in the case). How does the choice of constant versus risk-adjusted hurdle rates affect the evaluation of Teletech’s two segments? What are the implications for Teletech’s resource-allocation strategy? Telecommunications Services, which can earn 9. 0% on capital on a risk-adjusted hurdle rate is profitable but a corporate hurdle rate determines it is not. We will write a custom essay sample on Weighted Average Cost of Capital and Single Hurdle Rate or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The opposite is true for Products and Services. If each segment in the company had a different hurdle rate, the costs of various forms of capital would remain the same. 4. Do you agree that â€Å"all money is green†? What are the implications of that view? What are the arguments in favor? What are the arguments against it? All money is green, in the sense that all segments of a business need to be performing above the corporate hurdle rate, thereby creating economic value. You could argue that each segment could be viewed independently, but this could lead to a firm overinvesting in under performing divisions, over divisions that could earn a higher rate of return. 5. Is Helen Buono right that management would destroy value if all the firm’s assets were redeployed into only the telecommunications business segment? Why or why not? Please prepare a numerical example to support your view. Helen Buono is right. In doing so, the firm would increase the overall risk to the firm by focusing only in the telecom business. Risk overall is reduced when it is spread across multiple areas reducing the overall risk. Historically, financial economic value is greater when returned are the average weighted value of two or more items. The same applies to the firm as stated by Helen Buono; at the end of the day, investors cannot look inside the four walls of the organization and only care about the overall return of the business. The WACC calculation demonstrates the fact that risk is reduced when Teletech remains with businesses in both telecommunication, and products and systems. 6. Has Products and Systems (P+S) destroyed value? What evidence or illustrations can you give to support your opinion? Yes, -$19 Million. See table below: Telecom Combined Product Services Mix of Segments: Telecomm. 100%75%0% Products Systems0%25%100% in millions Invested Capital $11,400 $16,000 $4,600 Avg. Return on Capital9. 10%9. 58%11. 00% NOPAT $1,037 $1,532 $506 WACC8. 49%9. 30%11. 41% Value of Enterprise $12,221 $16,473 $4,436 Economic Value $70 $44 $(19) 7. What should Teletech say in response to Victor Yossarian? This company is getting rid of the division that is not generating enough return and is not adding value. This company should also continue using one hurdle rate for the entire corporation. This firm borrows money as an overall firm and not as a division.