1
2
Wk2
Walmart - Managing Change Paper
Name
Institution
Walmart is among the biggest retail corporations in the United States and the world. It has branches in nearly all the major cities in the United States and many countries worldwide. However, the dominance of Walmart has been threatened by the rise of online and digital marketing centers that have taken advantage of lower pricing to attract customers. Online ventures have gone as far as taking advantage of the traditional Black Friday shopping that was started by Walmart. The one thing that Walmart should change is the way it treats its employees.
Strategic human resource has become influential in the 21st century as evidenced by the high number of companies that attribute their success to strategic human resource management (Hamid, 2013). The company is faced by the increasing competition across the world that threatens to finish its dominance in the retail sector. The first step towards changes starts with getting the right people to steer the change. Therefore, the success of Walmart boils down to a quality human resource team manning the company. A group of motivated employees is in a good position to develop cutting edge strategies that will help Walmart to retain its dominance in the retail sector.
Walmart should consider offering improved compensation, better work experience, and comprehensive benefits (Dessler, 2015). Transparency should also be upheld to ensure that all employees understand performance appraisals and awarding. The company should also develop new ways to attract talented employees who can guide the organization to the future. Strategic human resource management will allow Walmart to create a highly motivated workforce that can counter any strategy developed by competing organizations (Hamid, 2013). The team will also improve the current programs under Walmart Corporation.
Comprehensive benefits and good compensation has seen organizations like Google, Apple, and Microsoft succeed. It is bound to have the same effect in Walmart as the company faces increased competition.
WK3
Shared Vision and Organizational Culture
Team “A”
MGT426 – Managing Change in the Workplace
January 14, 2016
University of Phoenix
Shared Vision and Organizational Culture
Importance of Understanding Shared Vision in Change Management
Without a vision, there is no future. This is a statement that every organization understands very well and knows its implications. A shared vision is important as it plays a role in change management because it is the driving force for all organizational change it initiates. By definition, a shared vision is the guideline through which all organization processes, goals and objectives are built. Whether change is occasioned by external forces such as the political, social, economic and technological factors or internal forces such as organizational policy and structure, it is important to develop a vision to provi.
Running head KOTTER CHANGE MANAGEMENT MODEL2KOTTER CHANGE MA.docxwlynn1
This document discusses how Walmart could apply John Kotter's 8-step change management model to address human resource issues around compensation, benefits, training, and development. It outlines each of Kotter's 8 steps and provides examples of how Walmart's management could implement them to create a sense of urgency around needed changes, develop a clear vision, empower broad action, generate short-term wins, and anchor new approaches in the company culture. The goal would be to increase employee satisfaction and retention by improving wages, benefits, and training opportunities.
Your Grid for Week 6 assignmentNutchanart PonimChange Plan GridTo.docxdanielfoster65629
Your Grid for Week 6 assignmentNutchanart PonimChange Plan GridTopicFrequency or timelineStakeholders/AudiencePurpose or rationaleCommunicatorMessageAuthorDelivery methodmeasureCommunicating ChangeRegularlyworkersto adjust to changemanagementchangeHRemail and meetingsobservationCommunicating Changeupdate them whenever there is changecustomerinform of new productsmanagement,workers and agentsimproved products and servicesCEOadvertisements and agentsinterview and questionaireCommunicating Changeupdate them whenever there is changepublicinform them of change and new productsmanagement,workers and agentschange and improved servicesCEOadvertisement,agents and workersinterview and questionaireCommunicating Changewhen there is a changeagentsto adress the new change in their operationmanagement and workersinform ofchange in organizationHRemail, meetings, conferencesinquiryCommunicating Changewhen there is chage to be adressedManagement and leadershipto impress new positive changeworkers,agents, customers and publicimpress new positive changeHRone on one, meetings etcchange in management strategyCommunicating Changeupdate them whenever there is changeGovernmentso that they know of change and keep standardsmanagement,agentschangeCEOemail, seminers, meetings,agentsobservationCommunicating Changeupdate them whenever there is changePatnersto know and enable the intergrate the changemanagement,agentschangeCEOemail, seminers, meetings,agentsobservation
DefinitionsTopic What is the topic of the communication? (A "re" statement)FrequencyHow often will this message go out? Regularly? Will there be updated versions? Once?AudienceWho will get this message? Why?PurposeWhat is the goal of the communication - what should it achieve?CommunicatorWho is going to actually have their name/voice on this communication?MessageWhat is the foundation of the message? Key points listed.AuthorWho is going to write the communication? (Use the name of the officer/change agent, for example, the CIO, CFO, CEO or the "CA" (change agent), HR Director, etc.) You don't actually write a person's nameDeliveryHow will the message be delivered and why that method? (i.e. email/phone conference/in person, etc.)MeasureHow will you measure or determine if the message successfully conveyed the information?
Sheet3
Running head:Part 2
Part 2 3
Part 2
Course
Lecturer
Institution
City, State
Date of submission
When communicating with the workers, it is important to pay attention to the strategy so as to ensure that the communication is in line with the mission and goals to be achieved. To ensure that the changes to be addressed and goals aimed at are well defined and expressed to the workers and other members.
When communicating, it is important to target the specific audience that you want to send or pass the information to. If its workers, the mode of communication should be able to influence their spirit and eventually this will be transferred to target market. The message shoul.
Wal-Mart is a large multinational retailer that operates stores around the world. It has implemented knowledge management strategies to remain competitive. These include formal training programs, discussion forums, mentoring, and use of technologies like knowledge bases and intranets. Wal-Mart's knowledge management focuses on objectives like improved performance, innovation, and continuous business improvement. It also applies knowledge management in human resources through talent development and coordination of employee processes. Overall, Wal-Mart's knowledge management practices have helped it achieve strategic goals and maintain its leading market position globally.
1) Managing change in organizations is difficult but necessary for survival in today's global economy. Change allows companies to adapt and remain competitive.
2) Organizational development is a planned, organization-wide effort to increase effectiveness through interventions in processes using behavioral science. It involves altering purposes, culture, structure and processes in response to internal or external changes.
3) For organizational development to be successful, managers must clearly define goals and objectives, develop a plan, allocate resources, and communicate a shared vision throughout the entire organization. Assessing needs helps identify solutions and opportunities for growth.
The Step to Change ModelCylvania AllenProfessor .docxsarah98765
The Step to Change Model
Cylvania Allen
Professor Brent Smith
LDR/535
06/12/2020
The Step to Change Model
Change is investable and accepting it would help every organization achieve success within and outside the industry of its operation, mainly when constant technological changes are being expressed in the business environment daily.
Step Model Kotter’s 8 of Change is an equipped model in which organizations acknowledging the presence of external and internal forces as attributes of failure and success can use to change their working environment to that of real progress (Appelbaum et al., 2012). Therefore, it is undoubtedly that Kotter's 8-Step Model can be used and applied as a unique plan to instigate change and define an individual purpose for an organization such as Walmart Incorporation. Kotter's Model would greatly help Walmart Inc. flourish today, especially within a competitive environment. Moreover, the Model's steps mainly focus on generating an appropriate environment that can be used as a platform by an organization to accept change, connect it to its changes, and eventually focus on change consolidation and application whenever possible. Thus, the Kotter's 8- Step changes would be used to give subsequent foresight on the areas Walmart Inc. should create change.
Step 1- Creation Sense of Urgency
A corporation like Walmart needs to create a sense of urgency for its employees before establishing any change. According to Kotter's, creating a feeling of urgency for your employees does not imply that an organization should push on asking employees to respond or deliver duties and responsibilities within a speculated time (Appelbaum et al., 2012). Urgency, according to the 8-Step Model of Change, refers to an instant to which Walmart Inc. provides awareness to their staff members about the need for change in the organization. Firstly, incorporating the staff member on the idea of change gives the staff an obligation to the Walmart Company and provides maximum support to the company and its management needs. The concept and process of Kotter's first step must be generated with an act of honesty through a dialogue.
Step 2- Formation of a Powerful Coalition
To achieve a feeling of agency in Walmart Inc., there would be a need to build a team that can guide others working in the organization to accept and steer the necessary change process the company is focusing on. Therefore, forming a powerful coalition will contentiously create a team of people who are willing to pull together using the company's resources in the same direction without looking at what they would achieve within the embedded change. However, choosing and selecting a friendly group of people to act within the dominant coalition may become a futile process if the right people are not ready to give their emotional commitment, trust, and teamwork towards the change needed. According to Kotter, the idea of step-2 in the change model is to create a group of .
This document provides an analysis of Walmart Corporation and proposes strategies and sustainable solutions. It begins by examining Walmart's stakeholders, including internal stakeholders like employees and external stakeholders like customers and suppliers. It then analyzes the general remote environment using PEST analysis, identifying economic growth and political stability as opportunities. Finally, it assesses Walmart's industry environment using Porter's Five Forces model, finding that low product differentiation and switching costs pose threats. The document recommends Walmart shift from a pure cost leadership strategy to a hybrid strategy incorporating elements of differentiation.
Organizational Change Models
Introduction
Change management models are models that are used by organizations in order to ensure swift change management. In order to apply change in an organization then the management needs to adhere to certain principles to effect the change. Different organizations experience different situations; thus they prefer different models. Change cannot be forced on employees and the organization at large therefore the change needs to be achievable, measurable, and realistic. Some of the important
aspects
in developing of the models are the role of the leaders in the change, the communication process, and overcoming resistance to change. This paper will focus on McKinsey’s – 7’s framework and the Kurt Lewin change management model in respect to the three important aforementioned aspects of change management models.
The McKinsey’s 7-s framework was developed in the 1980’s by Tom Peters and Robert Waterman, who were consultants working for McKinsey & Company consulting firm. The model has stood the test of time as it has been able to be relevant till date. This model centers on seven internal factors or aspects that any organization need to be aligned in order for it to be successful. The model can be used in a wide variety of company situations, making it a universal model. The model helps the management to determine how best they can implement a proposed strategy, determine the probable effects of company changes in the future and to improve the general performance of the company.
The seven elements in McKinsey’s model are broadly categorized in to either hard elements or soft elements. The soft elements are intangible and difficult to describe; they include skills, shared values, staff and style. On the other hand, hard elements are easily identifiable, concrete and can be easily be influenced by the management. The hard elements are; systems, structure and strategy (Waterman, Peters & Phillips, 1980).
In order for an organization to succeed then it needs a strategy to do that. The strategy can be attained through setting of objectives and performance metrics of both the employees and the organization. The organization should implement strategies that are geared towards dealing with the competitive pressure and gaining competitive advantage. The strategic plan should be able to deal with client needs and at the same time adapt to the dynamic environmental changes in the business world. The structure of an organization in defining its success, the structure entails how the company or its workforce is divided and the hierarchy. Various departments should be able to coordinate effectively. The structure of the organization defines how the team members align and organize themselves, and the lines of communication present in the organization.
An organization has many systems that run the organization e.g., the IT system and HR system. These systems should be in such a way that it works properly with the culture.
Running head KOTTER CHANGE MANAGEMENT MODEL2KOTTER CHANGE MA.docxwlynn1
This document discusses how Walmart could apply John Kotter's 8-step change management model to address human resource issues around compensation, benefits, training, and development. It outlines each of Kotter's 8 steps and provides examples of how Walmart's management could implement them to create a sense of urgency around needed changes, develop a clear vision, empower broad action, generate short-term wins, and anchor new approaches in the company culture. The goal would be to increase employee satisfaction and retention by improving wages, benefits, and training opportunities.
Your Grid for Week 6 assignmentNutchanart PonimChange Plan GridTo.docxdanielfoster65629
Your Grid for Week 6 assignmentNutchanart PonimChange Plan GridTopicFrequency or timelineStakeholders/AudiencePurpose or rationaleCommunicatorMessageAuthorDelivery methodmeasureCommunicating ChangeRegularlyworkersto adjust to changemanagementchangeHRemail and meetingsobservationCommunicating Changeupdate them whenever there is changecustomerinform of new productsmanagement,workers and agentsimproved products and servicesCEOadvertisements and agentsinterview and questionaireCommunicating Changeupdate them whenever there is changepublicinform them of change and new productsmanagement,workers and agentschange and improved servicesCEOadvertisement,agents and workersinterview and questionaireCommunicating Changewhen there is a changeagentsto adress the new change in their operationmanagement and workersinform ofchange in organizationHRemail, meetings, conferencesinquiryCommunicating Changewhen there is chage to be adressedManagement and leadershipto impress new positive changeworkers,agents, customers and publicimpress new positive changeHRone on one, meetings etcchange in management strategyCommunicating Changeupdate them whenever there is changeGovernmentso that they know of change and keep standardsmanagement,agentschangeCEOemail, seminers, meetings,agentsobservationCommunicating Changeupdate them whenever there is changePatnersto know and enable the intergrate the changemanagement,agentschangeCEOemail, seminers, meetings,agentsobservation
DefinitionsTopic What is the topic of the communication? (A "re" statement)FrequencyHow often will this message go out? Regularly? Will there be updated versions? Once?AudienceWho will get this message? Why?PurposeWhat is the goal of the communication - what should it achieve?CommunicatorWho is going to actually have their name/voice on this communication?MessageWhat is the foundation of the message? Key points listed.AuthorWho is going to write the communication? (Use the name of the officer/change agent, for example, the CIO, CFO, CEO or the "CA" (change agent), HR Director, etc.) You don't actually write a person's nameDeliveryHow will the message be delivered and why that method? (i.e. email/phone conference/in person, etc.)MeasureHow will you measure or determine if the message successfully conveyed the information?
Sheet3
Running head:Part 2
Part 2 3
Part 2
Course
Lecturer
Institution
City, State
Date of submission
When communicating with the workers, it is important to pay attention to the strategy so as to ensure that the communication is in line with the mission and goals to be achieved. To ensure that the changes to be addressed and goals aimed at are well defined and expressed to the workers and other members.
When communicating, it is important to target the specific audience that you want to send or pass the information to. If its workers, the mode of communication should be able to influence their spirit and eventually this will be transferred to target market. The message shoul.
Wal-Mart is a large multinational retailer that operates stores around the world. It has implemented knowledge management strategies to remain competitive. These include formal training programs, discussion forums, mentoring, and use of technologies like knowledge bases and intranets. Wal-Mart's knowledge management focuses on objectives like improved performance, innovation, and continuous business improvement. It also applies knowledge management in human resources through talent development and coordination of employee processes. Overall, Wal-Mart's knowledge management practices have helped it achieve strategic goals and maintain its leading market position globally.
1) Managing change in organizations is difficult but necessary for survival in today's global economy. Change allows companies to adapt and remain competitive.
2) Organizational development is a planned, organization-wide effort to increase effectiveness through interventions in processes using behavioral science. It involves altering purposes, culture, structure and processes in response to internal or external changes.
3) For organizational development to be successful, managers must clearly define goals and objectives, develop a plan, allocate resources, and communicate a shared vision throughout the entire organization. Assessing needs helps identify solutions and opportunities for growth.
The Step to Change ModelCylvania AllenProfessor .docxsarah98765
The Step to Change Model
Cylvania Allen
Professor Brent Smith
LDR/535
06/12/2020
The Step to Change Model
Change is investable and accepting it would help every organization achieve success within and outside the industry of its operation, mainly when constant technological changes are being expressed in the business environment daily.
Step Model Kotter’s 8 of Change is an equipped model in which organizations acknowledging the presence of external and internal forces as attributes of failure and success can use to change their working environment to that of real progress (Appelbaum et al., 2012). Therefore, it is undoubtedly that Kotter's 8-Step Model can be used and applied as a unique plan to instigate change and define an individual purpose for an organization such as Walmart Incorporation. Kotter's Model would greatly help Walmart Inc. flourish today, especially within a competitive environment. Moreover, the Model's steps mainly focus on generating an appropriate environment that can be used as a platform by an organization to accept change, connect it to its changes, and eventually focus on change consolidation and application whenever possible. Thus, the Kotter's 8- Step changes would be used to give subsequent foresight on the areas Walmart Inc. should create change.
Step 1- Creation Sense of Urgency
A corporation like Walmart needs to create a sense of urgency for its employees before establishing any change. According to Kotter's, creating a feeling of urgency for your employees does not imply that an organization should push on asking employees to respond or deliver duties and responsibilities within a speculated time (Appelbaum et al., 2012). Urgency, according to the 8-Step Model of Change, refers to an instant to which Walmart Inc. provides awareness to their staff members about the need for change in the organization. Firstly, incorporating the staff member on the idea of change gives the staff an obligation to the Walmart Company and provides maximum support to the company and its management needs. The concept and process of Kotter's first step must be generated with an act of honesty through a dialogue.
Step 2- Formation of a Powerful Coalition
To achieve a feeling of agency in Walmart Inc., there would be a need to build a team that can guide others working in the organization to accept and steer the necessary change process the company is focusing on. Therefore, forming a powerful coalition will contentiously create a team of people who are willing to pull together using the company's resources in the same direction without looking at what they would achieve within the embedded change. However, choosing and selecting a friendly group of people to act within the dominant coalition may become a futile process if the right people are not ready to give their emotional commitment, trust, and teamwork towards the change needed. According to Kotter, the idea of step-2 in the change model is to create a group of .
This document provides an analysis of Walmart Corporation and proposes strategies and sustainable solutions. It begins by examining Walmart's stakeholders, including internal stakeholders like employees and external stakeholders like customers and suppliers. It then analyzes the general remote environment using PEST analysis, identifying economic growth and political stability as opportunities. Finally, it assesses Walmart's industry environment using Porter's Five Forces model, finding that low product differentiation and switching costs pose threats. The document recommends Walmart shift from a pure cost leadership strategy to a hybrid strategy incorporating elements of differentiation.
Organizational Change Models
Introduction
Change management models are models that are used by organizations in order to ensure swift change management. In order to apply change in an organization then the management needs to adhere to certain principles to effect the change. Different organizations experience different situations; thus they prefer different models. Change cannot be forced on employees and the organization at large therefore the change needs to be achievable, measurable, and realistic. Some of the important
aspects
in developing of the models are the role of the leaders in the change, the communication process, and overcoming resistance to change. This paper will focus on McKinsey’s – 7’s framework and the Kurt Lewin change management model in respect to the three important aforementioned aspects of change management models.
The McKinsey’s 7-s framework was developed in the 1980’s by Tom Peters and Robert Waterman, who were consultants working for McKinsey & Company consulting firm. The model has stood the test of time as it has been able to be relevant till date. This model centers on seven internal factors or aspects that any organization need to be aligned in order for it to be successful. The model can be used in a wide variety of company situations, making it a universal model. The model helps the management to determine how best they can implement a proposed strategy, determine the probable effects of company changes in the future and to improve the general performance of the company.
The seven elements in McKinsey’s model are broadly categorized in to either hard elements or soft elements. The soft elements are intangible and difficult to describe; they include skills, shared values, staff and style. On the other hand, hard elements are easily identifiable, concrete and can be easily be influenced by the management. The hard elements are; systems, structure and strategy (Waterman, Peters & Phillips, 1980).
In order for an organization to succeed then it needs a strategy to do that. The strategy can be attained through setting of objectives and performance metrics of both the employees and the organization. The organization should implement strategies that are geared towards dealing with the competitive pressure and gaining competitive advantage. The strategic plan should be able to deal with client needs and at the same time adapt to the dynamic environmental changes in the business world. The structure of an organization in defining its success, the structure entails how the company or its workforce is divided and the hierarchy. Various departments should be able to coordinate effectively. The structure of the organization defines how the team members align and organize themselves, and the lines of communication present in the organization.
An organization has many systems that run the organization e.g., the IT system and HR system. These systems should be in such a way that it works properly with the culture.
Discussion 1QuestionWhy is it important for HR management to.docxmadlynplamondon
Discussion 1:
Question:
Why is it important for HR management to transform from being primarily administrative and operational to a more strategic contributor?
The main difference between HR management being administrative or strategic is that administrative is reactive and strategic is proactive. It is important to make the human resource management strategic for a variety of reasons such as employee retention, avoiding breaches of the law/policies, and creating a competitive edge.
Some ways to build a strategic HR management system is by pre-planning and goal setting. It consists of shaping current employees into the future leaders of the company. This shows them that they are capable of moving up in the company, which in turn will increase retention rates. Having these experienced employees would give the company a more competitive edge.
It also pre-plans for any type of sexual/race/ethnic issues that could arise to protect the company. Rather than putting rules in place after issues arrive, it builds a protocol. These types of managements are prepared for laws and base policies in line with them. This helps companies not have any breaches of the law. This also helps them deal with issues in a timely manner, since the protocol is already in place.
A strategic human resource management team will have company goals written out. This will ensure that everyone in the company will be working towards the same big picture. Every team member knows the big goal and can set personal goals to help the team. This will increase productivity and prevent people from feeling stale and underappreciated at work. The company can also find a way to celebrate the smaller goals so that employee work is credited. Appreciated employees always work better. Basically, a strategic human resource management is prepared and helps keep the company safe and running in the most productive manner.
Discussion 2:
Question:
Why is it important for HR management to transform from being primarily administrative and operational to a more strategic contributor?
In any organization Human resource department forms an important pillar for attracting, retaining and nurturing the talent thus making it a thriving force behind organization growth. For any organization people management is the core and main foray, if the HR department if properly organized makes the organization function properly and push across to reach new scaling heights. Let’s consider the companies the major innovators like Google, 3M and Facebook have reached the top rung of the ladder as technological and product innovators only because these companies have lot of talented people and management of them nurturing and keeping them motivated with all the necessary things is main challenge and they have successfully overcome it making them leaders on their respective domain.
Human Resource administration plays a key role to transform the company both operational and administrative aspect wise making a market ...
2Change ImplementationDeyanira DiazSouthern New Ha.docxstandfordabbot
This document discusses organizational change at Alaska Airlines. The airline previously had an ineffective culture that prioritized being nice over on-time performance, leading to poor results. A new vice president was hired and met with managers to discuss implementing lean processes to reduce waste. This included adopting a culture that embraced mandatory on-time reporting and confronting challenges rather than blaming external factors. The third step in Kotter's change model of creating a vision for change was also important. The change aimed to improve Alaska Airline's operations and performance.
1BUSINESS PLAN1Business Plan AssessmentKeesha WestrEttaBenton28
1
BUSINESS PLAN 1
Business Plan Assessment
Keesha Westry
University of Phoenix
STR/581
Business Plan Assessment
The document used to communicate the goals of an organization and the actions needed to achieve these goals, and the other critical element is known as a strategic plan. All organizations need to have a strategic plan because it serves several purposes. This essay will discuss the purpose of Walmart's strategic plan, key objectives, the key performance indicators, and recommend initiatives to improve the strategic plan.
The strategic plan of Walmart gives the company clarity, direction, and focus on what it is supposed to do and achieve by way of a written document. The direction and plan are achieved by connecting the organization's missions and vision by addressing the purpose, vision, and company plan (Jindal et al.,2021). The strategic plan gives the roadmap to success for Walmart. The strategic plan also drives organizational alignment in Walmart. It also communicates the message of what Walmart wants to achieve and the strategic direction of Walmart.
The key objective of Walmart is to provide safe and affordable food and other products to people globally. They will try to achieve this objective through means which enhance economic opportunity, environmental and social sustainability (Jindal et al.,2021). The second key objective of Walmart is to improve the lives of people globally. Walmart achieves market development by lowering the prices of its products and services. The low price strategy has attracted new customers in return, increasing the profits of Walmart. They have also achieved market development by diversifying the products they have to ensure that all the customer requirements are met. The market development strategies fit my plans because they take into consideration the customers' needs and finances.
Walmart has improved purchasing their goods by creating a strong e-commerce platform, making it easier for its customer to purchase goods and services. It has also improved its process by using advanced information technology systems to trace products and have a network of distribution centers to deliver products to its customers and stores. Walmart has led to the development of people by the creation of jobs globally. The low pricing strategy has also helped poor people to access goods and services at a low price, making it possible for them to meet the basic needs of life (Stankevičiūtė et al., 2012). Walmart delivers its products and services through Express delivery which delivers goods to its customers in under two hours. One can also access their products and services by going to their retail stores. Yes, there is a way to improve quality over time by reducing the delivery time of the goods to its customers.
Walmart's key performance indicators are e-commerce sales key performance indicators that surround average order size and the shopping cart abandonment rate, and the customer services key performance i ...
Empowerment an essential ingredient in modern salesforce managementAlexander Decker
This document discusses empowering salesforces to increase performance. It begins by introducing the importance of salesforces for companies and effective salesforce management. The study is guided by the behavioral model of consideration and initiating structure, which suggests empowering subordinates by caring about them raises performance. A survey of 350 salespeople and managers found empowering salesforces by expanding their roles, sharing information and power, and rewarding contributions, significantly increases involvement, motivation, and performance. The document recommends fostering empowerment by giving salesforces influence and making them feel competent and impactful in their work.
Differentiating Between Market Structures PaperWrite a 1,500 to 1,60.docxduketjoy27252
Differentiating Between Market Structures PaperWrite a 1,500 to 1,600 word count paper. Due on Jan. 13, 2015 by 8 PM. Follow the instruction below. I also attached in this paper my grading rubric. Thank you.
You will apply important microeconomics concepts toward the competitive strategies of an organization that operates in an industry of your choice. You will evaluate the differences between market structures and identify a group of competitive strategies consistent with the market structure that best aligns with the market in which the organization competes. You will assess how the market structure positively and negatively affects the firm and evaluate the efficacy of the structure's competitive strategies.
Select an industry. Technology industry, Samsung Company- Competition Sony
Identify the market structure in which this organization competes. Clearly indicate why the market structure was decided upon, and how this market structure differentiates from the other alternatives.
· How might the company you selected find itself working with organizations in the same industry that are an oligopoly, perfect competition, monopoly, or monopolistic market structure. Examine the different sectors with an industry and how market structure may vary within those sectors.
Identify three or more competitive strategies of your choice that may be used by the organization to maximize its profits over the long run. Evaluate the efficacy of these strategies in the market structure you identified.
Make recommendations related to the strategies the organization might consider to maximize its profits.
Format consistent with APA guidelines.
Grading rubric for this assignment
Grading Guide
Content
70 Percent
Met
Partially Met
Not Met
Comments:
Explanation of how does the organization compete in the marketplace
Identification of the strengths and weaknesses of the firm, as determined by their customers as indicated by the marketing surveys
Identification of the market structure best suited to this organization
Includes a detailed rationale as to why the market structure is best suited to the organization.
Explanation of how the chosen market structure may positively and negatively affect the firm.
Explanation of how the effectiveness of the competitive strategies within the market structure affect the organization's long-term profitability
Recommendation of competitive strategies the organization should consider with rationale
The paper is 1,400-1,750 words in length.
Total Available
Total Earned
11
#/11
Writing Guidelines
30 Percent
Met
Partially Met
Not Met
Comments:
The paper--including tables and graphs, headings, title page, and reference page--is consistent with APA formatting guidelines and meets course-level requirements.
Intellectual property is recognized with in-text citations and a reference page.
Paragraph and sentence transitions are present, logical, and maintain the flow throughout the .
The document discusses strategies for implementing change at Walmart to increase e-commerce sales and improve the overall shopping experience. It recommends that Walmart (1) increase the sense of urgency around changing from a traditional to e-commerce sales model to promote long-term sales growth, (2) blend digital and traditional shopping experiences by integrating online and in-store pickup options, and (3) ensure effective communication between leaders and employees when implementing changes. This will help Walmart successfully transition to an e-commerce strategy and improve performance over the long run.
The document discusses the challenges senior executives face when leading large-scale organizational transformations. It notes that while executives typically focus on strategic and tactical plans, successfully implementing change also requires understanding an organization's culture, values, people and behaviors. The document then provides a 10-point framework for change management, emphasizing the importance of addressing the human aspects of change systematically and involving people at all levels of the organization.
- The document discusses 10 insights on organizational change based on over 120 combined years of experience studying and applying change.
- It notes that the pace of change is increasing exponentially due to factors like technology and globalization. Change happens constantly in both personal and professional lives.
- While most change efforts fail, some organizations are able to successfully transform themselves. The document examines why some people and organizations can change while others cannot.
- Effective HR professionals help organizations build the capacity for change by improving individual and organizational abilities to respond to and embrace change.
The document discusses managing organizational change. It begins by stating that change is inevitable for organizations to adapt and survive in a changing business world. It emphasizes the importance of effective communication with employees to explain the reasons for change and gain their commitment. It also stresses that leadership plays a key role in managing change successfully by defining a clear organizational culture, vision, and path forward. Resistance to change is also addressed, with the main causes being fear of the unknown, loss of control, and uncertainty about the effects and process of change. Overall, the document outlines some of the main challenges in managing organizational change and highlights the significance of communication, leadership, and addressing employee resistance.
Engagement & empowerment are key to fostering cultures which THRIVE on change and unleash human & profit potential--in the corporation, classroom or community
The document discusses leading change versus managing change. It notes that while change management focuses on keeping change efforts under control, change leadership is about driving large-scale transformation through establishing a sense of urgency, developing a vision, empowering broad-based action, generating short-term wins, and incorporating changes into the culture. Effective change leadership requires strategy, governance, seamless execution, and emphasizing dialogue to make the process relevant and the changes doable. Leaders must own the change themselves through putting skin in the game, working closely with employees, and embracing change as part of their role.
The document discusses key considerations for an advertising campaign promoting an online university's bachelor's degree program. It emphasizes the importance of clearly defining the target customer, their needs, and expectations of service. For an online degree program to succeed, the student and their needs must be the central focus of all marketing, public relations, and advertising strategies. Potential students will consider factors like the university's expertise, ease of using online tools, and the overall experience. For a services business like education, marketing based on dimensions of the student experience is critical to success.
1Unit 1 IP Walmart[Type text][Type text][Type text]2.docxeugeniadean34240
1
Unit 1 IP: Walmart
[Type text] [Type text] [Type text]
2
Unit 1 IP: Walmart
Unit 1 Individual Project: Walmart
Human Resources Strategy MGT652-1503C-01
By
Andrew T. Robison
AIU Online
08/01/15
Company’s History
Wal-Mart is a standout amongst the best organizations according to numerous media outlets, studies, reviews and prevalent inclination by purchasers on the global market. It is evident that Sam Walton established it in the 1940s. Sam began a rebate store at the place where he grew up and soon discovered that the provincial market needed his items and business sector thought. In this way, he took an outing around the nation with his wife and returned to begin the organization that every individual now knows as Wal-Mart. Wal-Mart incorporates different levels of leadership that has power to implement policies and strategies, which endeavors to control the company’s products and brands. In this regard, Wal-Mart’s organizational structure is broken into three main three parts. It is evident that Wal-Mart’s organizational structure depicts on product, market and geographical structure. Notably, Wal-Mart is a global business organization hence its market structure clearly presents different responsibilities of the top management together with the subordinate staff (The Economist, 2006).
Company’s mission statement
Wal-Mart’s mission statement is to save customers money in order to make them live better livelihoods. It is apparent that Wal-Mart is one of the retail giants with stores scattered across the globe. The store offers its customers with a wide variety of groceries, merchandise, pharmaceuticals among other household goods. United States economy has greatly benefitted from Wal-Mart business operations. Notably, Wal-Mart has the pervasive reputation of having the least cost of any self-regarding store. This is an added advantage since the business is presently searching for items that have the most elevated quality and bear the least cost in the meantime. It remains clear that Wal-Mart is one of the main organizations, which has adequately verged on that actuality. In addition, Wal-Mart does not just carry new business to foreign showcases but also carries the business society in addition to them (Barbaro, 2006). They picked up a more amazing impart of the United States advertise in light of the easier expenses of exchange contrasted with other equal organizations.
Wal-Mart’s core values
Wal-Mart’s beliefs remain to be the foundation of its business culture. The company’s core values and beliefs are founded on striving for excellence, service to customers’, respect for individual and acting with integrity. In each week that passes, statistics indicate that more than one hundred customers shop at Wal-Mart. It is evident that ten out of eight Americans usually shop at Wal-Mart stores and this is due to their reduced prices. This move has encouraged a large number of potential Americans to do mass shopping at the store, however .
This document provides an overview of managing change in the workplace. It discusses various forces that can drive the need for organizational change, including external factors like technology and internal factors like changes in management. It then outlines Lewin's three-stage change model of unfreezing, changing, and refreezing. Alternative strategies for overcoming resistance to change are presented, such as the ADKAR model. Organization development is introduced as a way to create change through improved communication, employee development, and continuous improvement. Finally, examples are given of companies like PayPal, Google, Facebook, and Apple that succeeded by changing their business models when needed.
Assignment TitleAssessment Item 03 Case Study Analysis – Engagi.docxlynettearnold46882
Assignment Title
Assessment Item 03: Case Study Analysis – Engaging and Motivating staff
Length
3000-3500 wordsLearning outcomes
1. Knowledge - Describe and critically discuss key principles and theories of Human Resource Management.
2. Problem Solving Skills - Critically evaluate and synthesize relevant information to solve real world issues associated with Human Resource Management.
3. Change Management - Analyse the role of Human Resource Management in implementing change within a global context.
4. Global Environment - Identify and critically discuss local, global and international workforce trends and assess the implications for human resource managementLecturer Discretion
Lecturers may, at their discretion, ask students to verbally present their assignment submission or rewrite some selected part/s of their answer in a controlled setting.Task Details
Engaging and motivating employees is at the centre of Strategic Human Resource Management (SHRM) practices. It is therefore important to identify the organisational practices that can be used to foster the cognitive, emotional and behavioural qualities that will positively impact on employees and enhance their motivation.
To understand what motivates people to work is essential to this assignment. The focus of the assignment is to identify the motivational theories, the characteristics of a positive work environment and the HR practices that positively influence affective processes (e.g. motivation, commitment, job satisfaction, wellbeing) and behavioural processes (e.g. effort, reduced turnover and absenteeism).
To complete this assignment successfully students at a minimum should:
· Identify the key motivational theories and discuss which of the theories strongly influences employees’ affective processes and behavioural processes.
· Describe the characteristics of a positive work environment and discuss how HR designs jobs to motivate employees.
· Discuss the synthesis of Hackman and Oldham’s (1976) job characteristics and employees’ psychological states in relation to work outcomes, such as intrinsic work motivation, job satisfaction, and high quality work performance.
International Human Resource Management
· Discuss the possible relationship between Maslow’s general components and job characteristics in view of engaging and motivating employees in organisations.
Your assignment must be formatted with heading.
Harvard referencing style must be used.
References
Gallup Consulting 2010, The state of the global workplace: A worldwide study of employee engagement and wellbeing, viewed 20 February 2015
<http://www.gallup.com/services/176300/state-global-workplace.aspx>
Jackson, S & Schuler, R 1995, Understanding Human Resource Management in the context of organisations and their environments, Annual Review of Psychology, vol. 46, pp. 237-264.
Pfeffer, J & Veiga, F 1999, Putting people first for organisational success, Academy of
Management Executive, vol. 13, no. 2, pp.37-48.
Runni.
The document discusses organizational development (OD) interventions and provides examples. It defines OD interventions as planned activities that help organizations perform better and work more efficiently. The main types of interventions discussed are technostructural, human process, strategic change, and human resource management. Examples are provided of how du Telecom partnered with Huawei to improve project management and how Nokia transformed its business model from mobile devices to networking equipment.
The document discusses organizational development (OD) interventions and provides examples. It defines OD interventions as planned activities that help organizations perform better and work more efficiently. The main types of interventions discussed are technostructural, human process, strategic change, and human resource management. Examples are provided of how du Telecom partnered with Huawei to improve project management and how Nokia transformed its business model from mobile devices to networking equipment.
Human resource management has two main functions: overseeing human capital operations and managing employees. HR plays a vital role in strategic organization design and establishing effective policies to optimize costs. The document identifies two main management concerns at Watson Technologies: succession planning and diversity/inclusion. It recommends revising the succession plan to prepare future leaders through training and job rotation. It also suggests implementing diversity training, a managing by walking around program, and surveys to promote an inclusive culture and address communication barriers.
Your company name
Your name
Instruction Page
1. On the cover page
a. Replace ‘Your Company Name’ with your company name, city and state
b. Replace ‘Date’ with the date of the plan
c. Consider inserting graphics:
i. Company logo
ii. Insert a picture or graphic of your product or service
iii. Photo of your facilities
iv. Photo of your location
2. Replace ‘ENTER YOUR COMPANY NAME HERE’ with your company name on the page with the Statement of Confidentiality & Non-Disclosure
3. Open the document header and enter your company name and your name
4. Update the table of contents as you build your business plan.
Delete this page before submitting your business plan.
Business Plan
Your Company Name Here
City, State
Date
Statement of Confidentiality & Non-Disclosure
THIS BUSINESS PLAN CONTAINS PROPRIETARY AND CONFIDENTIAL INFORMATION.
All data submitted to the receiver is provided in reliance upon its consent not to use or disclose any information contained herein except in the context of its business dealings with ENTER YOUR COMPANY NAME HERE (Company). The recipient of this document agrees to inform its present and future employees and partners who view or have access to the document's content of its confidential nature.
The recipient agrees to instruct each employee that they must not disclose any information concerning this document to others except to the extent such matters are generally known to, and are available for use by, the public. The recipient also agrees not duplicate or distribute or permit others to duplicate or distribute any material contained herein without the Company's express written consent.
The Company retains all title, ownership and intellectual property rights to the material and trademarks contained herein, including all supporting documentation, files, marketing material, and multimedia.
Disclaimer Notice
THIS BUSINESS PLAN IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES.
The Company reserves the right, in its sole discretion, to reject any and all proposals made by or on behalf of any recipient, to accept any such proposals, to negotiate with one or more recipients at any time, and to enter into a definitive agreement without prior notice to other recipients. The company also reserves the right to terminate, at any time, further participation in the investigation and proposal process by, or discussions or negotiations with, any recipient without reason.
BY ACCEPTANCE OF THIS DOCUMENT, THE RECIPIENT AGREES TO BE BOUND BY THE AFOREMENTIONED STATEMENT.
Table of Contents
Introduction and Overview 6
Executive Summary 6
Objectives 6
Mission 6
Keys to Success 6
Company Summary 6
Company Ownership 6
Start-up 6
What We Sell 7
Summary 7
Our products 7
Our services 7
Market Analysis and Sales Forecast 8
Market and Sales Forecast Summary 8
Total Market 8
Target Market Summar.
Your Company NameYour Company NameBudget Proposalfor[ent.docxhyacinthshackley2629
Your Company Name
Your Company Name
Budget Proposal
for
[enter years here]
BUSN278
[Term]
Professor[name]
DeVry University
Table of Contents
Section
Title
Subsection
Title
Page Number1.0Executive Summary
2.0Sales Forecast
2.1Sales Forecast
2.2Methods and Assumptions
3.0Capital Expenditure Budget
4.0Investment Analysis
4.1Cash Flows
4.2NPV Analysis
4.3Rate of Return Calculations
4.4Payback Period Calculations
5.0Pro Forma Financial Statements
5.1Pro Forma Income Statement
5.2Pro Forma Balance Sheet
5.3Pro Forma Cash Budget
6.0Works Cited
7.0Appendices
7.1Appendix 1: [description]
7.2Appendix 2:
[description]
(Please put page numbers in the last column of the table of contents above, because they apply to your finished assignment. Do this after your project is complete. Remove this text and all text that is in italics in this template when finished with your project.)
(Also, please submit your Excel spreadsheet that shows your supporting calculations.)
1.0 Executive Summary
The first paragraph of this executive summary should give a brief description of the business to which this budget applies. Very briefly describe the products and services of this company, the geography or demographics of the customers it serves, and why people purchase the main product of this business. Much or all of this information will be found in the business profile provided to you. Please use your own words, and please do not simply copy and paste the explanation in the course materials. Make assumptions if necessary.
Also, provide a second paragraph that describes how the budget supports the company’s strategy.
Finally, provide a third paragraph in which you summarize the key points from your budget, including the planning horizon; the amount of up-front investment; the NPV, payback, and IRR of the project; and key figures from your income statement, cash budget, and balance sheet.
Remember, this is not a thesis or introduction of what you will talk about—it contains the major, specific content of each section. The second and third paragraphs should be written after you have completed all other sections of this template.
As you complete sections of this template, please remove all italicized text in all sections of this template and replace it with your own text or you will lose points!
2.0 Sales Forecast
Briefly introduce the sales forecast section.
2.1 Sales Forecast
Here you should include a simple table showing the years and the total sales for each year, along with a brief explanation of why sales are expected to rise, fall, change, or stay the same in certain years. Provide a brief explanation of the sales forecast, indicating why you expect sales to rise or fall during the planning horizon. Your explanation should be consistent with the trends and changes in sales found in your table.
Year 1
Year 2
Year 3
Year 4
Year 5
Sales
2.2 Methods and Assumptions
Here you should describe how you arrived at your sales forecast in sect.
Your company recently reviewed the results of a penetration test.docxhyacinthshackley2629
Your company recently reviewed the results of a penetration test on your network. Several vulnerabilities were identified, and the IT security management team has recommended mitigation. The manager has asked you to construct a plan of action and milestones (POA&M) given that the following vulnerabilities and mitigations were identified:
The penetration test showed that not all systems had malware protection software in place. The mitigation was to write a malware defense process to include all employees and retest the system after the process was implemented.
The penetration test indicated that the data server that houses employee payroll records had an admin password of “admin.” The mitigation was to perform extensive hardening of the data server.
The penetration test also identified many laptop computers that employees brought to work and connected to the internal network,some of which were easily compromised. The mitigation was to write a bring your own device (BYOD) policy for all employees and train the employees how to use their devices at work.
Complete
the 1- to 2-page
Plan of Action and Milestones Template
. (Must use this template!)
.
Your company wants to explore moving much of their data and info.docxhyacinthshackley2629
Your company wants to explore moving much of their data and information technology infrastructure to the cloud. The company is a small online retailer and requires a database and a web storefront. Currently, only IT is over budget on database maintenance. The initial analysis points to significant cost savings by moving to a cloud environment.
Research
the differences between Infrastructure as a Service (IaaS), Software as a Service (SaaS), and Platform as a Service (PaaS).
Discuss
the differences between IaaS, SaaS, and PaaS. Give an example of the appropriate use of each of the cloud models (Iaas, SaaS, and PaaS).
.
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Why is it important for HR management to transform from being primarily administrative and operational to a more strategic contributor?
The main difference between HR management being administrative or strategic is that administrative is reactive and strategic is proactive. It is important to make the human resource management strategic for a variety of reasons such as employee retention, avoiding breaches of the law/policies, and creating a competitive edge.
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Discussion 2:
Question:
Why is it important for HR management to transform from being primarily administrative and operational to a more strategic contributor?
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The document used to communicate the goals of an organization and the actions needed to achieve these goals, and the other critical element is known as a strategic plan. All organizations need to have a strategic plan because it serves several purposes. This essay will discuss the purpose of Walmart's strategic plan, key objectives, the key performance indicators, and recommend initiatives to improve the strategic plan.
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You will apply important microeconomics concepts toward the competitive strategies of an organization that operates in an industry of your choice. You will evaluate the differences between market structures and identify a group of competitive strategies consistent with the market structure that best aligns with the market in which the organization competes. You will assess how the market structure positively and negatively affects the firm and evaluate the efficacy of the structure's competitive strategies.
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Identify the market structure in which this organization competes. Clearly indicate why the market structure was decided upon, and how this market structure differentiates from the other alternatives.
· How might the company you selected find itself working with organizations in the same industry that are an oligopoly, perfect competition, monopoly, or monopolistic market structure. Examine the different sectors with an industry and how market structure may vary within those sectors.
Identify three or more competitive strategies of your choice that may be used by the organization to maximize its profits over the long run. Evaluate the efficacy of these strategies in the market structure you identified.
Make recommendations related to the strategies the organization might consider to maximize its profits.
Format consistent with APA guidelines.
Grading rubric for this assignment
Grading Guide
Content
70 Percent
Met
Partially Met
Not Met
Comments:
Explanation of how does the organization compete in the marketplace
Identification of the strengths and weaknesses of the firm, as determined by their customers as indicated by the marketing surveys
Identification of the market structure best suited to this organization
Includes a detailed rationale as to why the market structure is best suited to the organization.
Explanation of how the chosen market structure may positively and negatively affect the firm.
Explanation of how the effectiveness of the competitive strategies within the market structure affect the organization's long-term profitability
Recommendation of competitive strategies the organization should consider with rationale
The paper is 1,400-1,750 words in length.
Total Available
Total Earned
11
#/11
Writing Guidelines
30 Percent
Met
Partially Met
Not Met
Comments:
The paper--including tables and graphs, headings, title page, and reference page--is consistent with APA formatting guidelines and meets course-level requirements.
Intellectual property is recognized with in-text citations and a reference page.
Paragraph and sentence transitions are present, logical, and maintain the flow throughout the .
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Unit 1 IP: Walmart
Unit 1 Individual Project: Walmart
Human Resources Strategy MGT652-1503C-01
By
Andrew T. Robison
AIU Online
08/01/15
Company’s History
Wal-Mart is a standout amongst the best organizations according to numerous media outlets, studies, reviews and prevalent inclination by purchasers on the global market. It is evident that Sam Walton established it in the 1940s. Sam began a rebate store at the place where he grew up and soon discovered that the provincial market needed his items and business sector thought. In this way, he took an outing around the nation with his wife and returned to begin the organization that every individual now knows as Wal-Mart. Wal-Mart incorporates different levels of leadership that has power to implement policies and strategies, which endeavors to control the company’s products and brands. In this regard, Wal-Mart’s organizational structure is broken into three main three parts. It is evident that Wal-Mart’s organizational structure depicts on product, market and geographical structure. Notably, Wal-Mart is a global business organization hence its market structure clearly presents different responsibilities of the top management together with the subordinate staff (The Economist, 2006).
Company’s mission statement
Wal-Mart’s mission statement is to save customers money in order to make them live better livelihoods. It is apparent that Wal-Mart is one of the retail giants with stores scattered across the globe. The store offers its customers with a wide variety of groceries, merchandise, pharmaceuticals among other household goods. United States economy has greatly benefitted from Wal-Mart business operations. Notably, Wal-Mart has the pervasive reputation of having the least cost of any self-regarding store. This is an added advantage since the business is presently searching for items that have the most elevated quality and bear the least cost in the meantime. It remains clear that Wal-Mart is one of the main organizations, which has adequately verged on that actuality. In addition, Wal-Mart does not just carry new business to foreign showcases but also carries the business society in addition to them (Barbaro, 2006). They picked up a more amazing impart of the United States advertise in light of the easier expenses of exchange contrasted with other equal organizations.
Wal-Mart’s core values
Wal-Mart’s beliefs remain to be the foundation of its business culture. The company’s core values and beliefs are founded on striving for excellence, service to customers’, respect for individual and acting with integrity. In each week that passes, statistics indicate that more than one hundred customers shop at Wal-Mart. It is evident that ten out of eight Americans usually shop at Wal-Mart stores and this is due to their reduced prices. This move has encouraged a large number of potential Americans to do mass shopping at the store, however .
This document provides an overview of managing change in the workplace. It discusses various forces that can drive the need for organizational change, including external factors like technology and internal factors like changes in management. It then outlines Lewin's three-stage change model of unfreezing, changing, and refreezing. Alternative strategies for overcoming resistance to change are presented, such as the ADKAR model. Organization development is introduced as a way to create change through improved communication, employee development, and continuous improvement. Finally, examples are given of companies like PayPal, Google, Facebook, and Apple that succeeded by changing their business models when needed.
Assignment TitleAssessment Item 03 Case Study Analysis – Engagi.docxlynettearnold46882
Assignment Title
Assessment Item 03: Case Study Analysis – Engaging and Motivating staff
Length
3000-3500 wordsLearning outcomes
1. Knowledge - Describe and critically discuss key principles and theories of Human Resource Management.
2. Problem Solving Skills - Critically evaluate and synthesize relevant information to solve real world issues associated with Human Resource Management.
3. Change Management - Analyse the role of Human Resource Management in implementing change within a global context.
4. Global Environment - Identify and critically discuss local, global and international workforce trends and assess the implications for human resource managementLecturer Discretion
Lecturers may, at their discretion, ask students to verbally present their assignment submission or rewrite some selected part/s of their answer in a controlled setting.Task Details
Engaging and motivating employees is at the centre of Strategic Human Resource Management (SHRM) practices. It is therefore important to identify the organisational practices that can be used to foster the cognitive, emotional and behavioural qualities that will positively impact on employees and enhance their motivation.
To understand what motivates people to work is essential to this assignment. The focus of the assignment is to identify the motivational theories, the characteristics of a positive work environment and the HR practices that positively influence affective processes (e.g. motivation, commitment, job satisfaction, wellbeing) and behavioural processes (e.g. effort, reduced turnover and absenteeism).
To complete this assignment successfully students at a minimum should:
· Identify the key motivational theories and discuss which of the theories strongly influences employees’ affective processes and behavioural processes.
· Describe the characteristics of a positive work environment and discuss how HR designs jobs to motivate employees.
· Discuss the synthesis of Hackman and Oldham’s (1976) job characteristics and employees’ psychological states in relation to work outcomes, such as intrinsic work motivation, job satisfaction, and high quality work performance.
International Human Resource Management
· Discuss the possible relationship between Maslow’s general components and job characteristics in view of engaging and motivating employees in organisations.
Your assignment must be formatted with heading.
Harvard referencing style must be used.
References
Gallup Consulting 2010, The state of the global workplace: A worldwide study of employee engagement and wellbeing, viewed 20 February 2015
<http://www.gallup.com/services/176300/state-global-workplace.aspx>
Jackson, S & Schuler, R 1995, Understanding Human Resource Management in the context of organisations and their environments, Annual Review of Psychology, vol. 46, pp. 237-264.
Pfeffer, J & Veiga, F 1999, Putting people first for organisational success, Academy of
Management Executive, vol. 13, no. 2, pp.37-48.
Runni.
The document discusses organizational development (OD) interventions and provides examples. It defines OD interventions as planned activities that help organizations perform better and work more efficiently. The main types of interventions discussed are technostructural, human process, strategic change, and human resource management. Examples are provided of how du Telecom partnered with Huawei to improve project management and how Nokia transformed its business model from mobile devices to networking equipment.
The document discusses organizational development (OD) interventions and provides examples. It defines OD interventions as planned activities that help organizations perform better and work more efficiently. The main types of interventions discussed are technostructural, human process, strategic change, and human resource management. Examples are provided of how du Telecom partnered with Huawei to improve project management and how Nokia transformed its business model from mobile devices to networking equipment.
Human resource management has two main functions: overseeing human capital operations and managing employees. HR plays a vital role in strategic organization design and establishing effective policies to optimize costs. The document identifies two main management concerns at Watson Technologies: succession planning and diversity/inclusion. It recommends revising the succession plan to prepare future leaders through training and job rotation. It also suggests implementing diversity training, a managing by walking around program, and surveys to promote an inclusive culture and address communication barriers.
Similar to 12Wk2Walmart - Managing Change PaperNameI.docx (18)
Your company name
Your name
Instruction Page
1. On the cover page
a. Replace ‘Your Company Name’ with your company name, city and state
b. Replace ‘Date’ with the date of the plan
c. Consider inserting graphics:
i. Company logo
ii. Insert a picture or graphic of your product or service
iii. Photo of your facilities
iv. Photo of your location
2. Replace ‘ENTER YOUR COMPANY NAME HERE’ with your company name on the page with the Statement of Confidentiality & Non-Disclosure
3. Open the document header and enter your company name and your name
4. Update the table of contents as you build your business plan.
Delete this page before submitting your business plan.
Business Plan
Your Company Name Here
City, State
Date
Statement of Confidentiality & Non-Disclosure
THIS BUSINESS PLAN CONTAINS PROPRIETARY AND CONFIDENTIAL INFORMATION.
All data submitted to the receiver is provided in reliance upon its consent not to use or disclose any information contained herein except in the context of its business dealings with ENTER YOUR COMPANY NAME HERE (Company). The recipient of this document agrees to inform its present and future employees and partners who view or have access to the document's content of its confidential nature.
The recipient agrees to instruct each employee that they must not disclose any information concerning this document to others except to the extent such matters are generally known to, and are available for use by, the public. The recipient also agrees not duplicate or distribute or permit others to duplicate or distribute any material contained herein without the Company's express written consent.
The Company retains all title, ownership and intellectual property rights to the material and trademarks contained herein, including all supporting documentation, files, marketing material, and multimedia.
Disclaimer Notice
THIS BUSINESS PLAN IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES.
The Company reserves the right, in its sole discretion, to reject any and all proposals made by or on behalf of any recipient, to accept any such proposals, to negotiate with one or more recipients at any time, and to enter into a definitive agreement without prior notice to other recipients. The company also reserves the right to terminate, at any time, further participation in the investigation and proposal process by, or discussions or negotiations with, any recipient without reason.
BY ACCEPTANCE OF THIS DOCUMENT, THE RECIPIENT AGREES TO BE BOUND BY THE AFOREMENTIONED STATEMENT.
Table of Contents
Introduction and Overview 6
Executive Summary 6
Objectives 6
Mission 6
Keys to Success 6
Company Summary 6
Company Ownership 6
Start-up 6
What We Sell 7
Summary 7
Our products 7
Our services 7
Market Analysis and Sales Forecast 8
Market and Sales Forecast Summary 8
Total Market 8
Target Market Summar.
Your Company NameYour Company NameBudget Proposalfor[ent.docxhyacinthshackley2629
Your Company Name
Your Company Name
Budget Proposal
for
[enter years here]
BUSN278
[Term]
Professor[name]
DeVry University
Table of Contents
Section
Title
Subsection
Title
Page Number1.0Executive Summary
2.0Sales Forecast
2.1Sales Forecast
2.2Methods and Assumptions
3.0Capital Expenditure Budget
4.0Investment Analysis
4.1Cash Flows
4.2NPV Analysis
4.3Rate of Return Calculations
4.4Payback Period Calculations
5.0Pro Forma Financial Statements
5.1Pro Forma Income Statement
5.2Pro Forma Balance Sheet
5.3Pro Forma Cash Budget
6.0Works Cited
7.0Appendices
7.1Appendix 1: [description]
7.2Appendix 2:
[description]
(Please put page numbers in the last column of the table of contents above, because they apply to your finished assignment. Do this after your project is complete. Remove this text and all text that is in italics in this template when finished with your project.)
(Also, please submit your Excel spreadsheet that shows your supporting calculations.)
1.0 Executive Summary
The first paragraph of this executive summary should give a brief description of the business to which this budget applies. Very briefly describe the products and services of this company, the geography or demographics of the customers it serves, and why people purchase the main product of this business. Much or all of this information will be found in the business profile provided to you. Please use your own words, and please do not simply copy and paste the explanation in the course materials. Make assumptions if necessary.
Also, provide a second paragraph that describes how the budget supports the company’s strategy.
Finally, provide a third paragraph in which you summarize the key points from your budget, including the planning horizon; the amount of up-front investment; the NPV, payback, and IRR of the project; and key figures from your income statement, cash budget, and balance sheet.
Remember, this is not a thesis or introduction of what you will talk about—it contains the major, specific content of each section. The second and third paragraphs should be written after you have completed all other sections of this template.
As you complete sections of this template, please remove all italicized text in all sections of this template and replace it with your own text or you will lose points!
2.0 Sales Forecast
Briefly introduce the sales forecast section.
2.1 Sales Forecast
Here you should include a simple table showing the years and the total sales for each year, along with a brief explanation of why sales are expected to rise, fall, change, or stay the same in certain years. Provide a brief explanation of the sales forecast, indicating why you expect sales to rise or fall during the planning horizon. Your explanation should be consistent with the trends and changes in sales found in your table.
Year 1
Year 2
Year 3
Year 4
Year 5
Sales
2.2 Methods and Assumptions
Here you should describe how you arrived at your sales forecast in sect.
Your company recently reviewed the results of a penetration test.docxhyacinthshackley2629
Your company recently reviewed the results of a penetration test on your network. Several vulnerabilities were identified, and the IT security management team has recommended mitigation. The manager has asked you to construct a plan of action and milestones (POA&M) given that the following vulnerabilities and mitigations were identified:
The penetration test showed that not all systems had malware protection software in place. The mitigation was to write a malware defense process to include all employees and retest the system after the process was implemented.
The penetration test indicated that the data server that houses employee payroll records had an admin password of “admin.” The mitigation was to perform extensive hardening of the data server.
The penetration test also identified many laptop computers that employees brought to work and connected to the internal network,some of which were easily compromised. The mitigation was to write a bring your own device (BYOD) policy for all employees and train the employees how to use their devices at work.
Complete
the 1- to 2-page
Plan of Action and Milestones Template
. (Must use this template!)
.
Your company wants to explore moving much of their data and info.docxhyacinthshackley2629
Your company wants to explore moving much of their data and information technology infrastructure to the cloud. The company is a small online retailer and requires a database and a web storefront. Currently, only IT is over budget on database maintenance. The initial analysis points to significant cost savings by moving to a cloud environment.
Research
the differences between Infrastructure as a Service (IaaS), Software as a Service (SaaS), and Platform as a Service (PaaS).
Discuss
the differences between IaaS, SaaS, and PaaS. Give an example of the appropriate use of each of the cloud models (Iaas, SaaS, and PaaS).
.
Your company plans to establish MNE manufacturing operations in Sout.docxhyacinthshackley2629
Your company plans to establish MNE manufacturing operations in South Korea. You have been asked to conduct a cultural audit focusing on leadership behaviors of South Korea. The results of your report will be used for internal training for plant managers due to be reassigned to work with South Korean managers in a few months. You are aware of a high-collectivism culture with a Confucian code of ethical behavior in South Korea. What kinds of South Korean leadership behaviors would you expect to include in your report? Describe these in terms of interaction between the U.S. and Korean managers as well as interaction between Korean leader-followers.
By
Saturday, June 21, 2014
respond to the discussion question assigned by the faculty. Submit your response to the appropriate
Discussion Area
. Use the same
Discussion Area
to comment on your classmates' submissions and continue the discussion until
Wednesday, June 25, 2014
.
Comment on how your classmates would address differing views.
.
Your company just purchased a Dell server MD1420 DAS to use to store.docxhyacinthshackley2629
Your company just purchased a Dell server MD1420 DAS to use to store databases. the databases will contain all employee records and personal identified information (PII). You know that databases like this are often targets. The Chief Information Officer has asked you draft a diagram for the server and 3 connected workstations. The diagram must use proper UML icons.
- Research:
network topology to protect database server (Google Term and click images)
-
Create a diagram using proper UML
icon, the protects the server and the 3 workstations.
-
Include where Internet access will be located
, firewall and other details.
- The
body (Min 1 page)
- Provide a summary after the diagram how and why you topology should protect the database.
.
your company is moving to a new HRpayroll system that is sponsored .docxhyacinthshackley2629
your company is moving to a new HR/payroll system that is sponsored by a firm called Workday.com. You have been asked to oversee the stakeholder management aspects of this project. Identify some of the key stakeholders at your company and describe how you plan to keep them engaged during your year-long project. Be sure to include the appropriate methods since not all of your stakeholders are located at the HQ office in Herndon, VA.
.
Your company is considering the implementation of a technology s.docxhyacinthshackley2629
Your company is considering the implementation of a technology solution to address a business problem. As a member of the IT team for a manufacturing company, you were asked to select a product to address the identified needs, informing the stakeholders about its fit to the identified needs, and providing implementation details. Several past process changes have been unsuccessful at implementation and user acceptance. You will create two artifacts that communicate product information tailored to meet the needs of each of the following stakeholder groups:
• Audience 1: executive leadership of the organization, such as the CIO, CFO, etc.
• Audience 2: cross-functional team, including members from IT who will be implementing the product
.
Your company is a security service contractor that consults with bus.docxhyacinthshackley2629
Your company is a security service contractor that consults with businesses in the U.S. that require assistance in complying with HIPAA. You advertise a proven track record in providing information program security management, information security governance programs, risk management programs, and regulatory and compliance recommendations. You identify vulnerabilities, threats, and risks for clients with the end goal of securing and protecting applications and systems within their organization.
Your client is Health Coverage Associates, a health insurance exchange in California and a healthcare covered entity. The Patient Protection and Affordable Care Act (ACA) enables individuals and small businesses to purchase health insurance at federally subsidized rates. In the past 6 months, they have experienced:
A malware attack (i.e., SQL Injection) on a critical software application that processed and stored client protected health information (PHI) that allowed access to PHI stored within the database
An internal mistake by an employee that allowed PHI to be emailed to the wrong recipient who was not authorized to have access to the PHI
An unauthorized access to client accounts through cracking of weak passwords via the company’s website login
Health Coverage Associates would like you to
develop
a security management plan that would address the required safeguards to protect the confidentiality, integrity, and availability of sensitive data from the attacks listed above and protect their assets from the vulnerabilities that allowed the attacks to occur.
Write
a 1- to 2-page high-level executive summary of the legal and regulatory compliance requirements for Health Coverage Associates executives. The summary should provide
Accurate information on the HIPAA requirements for securing PHI
FISMA and HIPAA requirements for a security plan
Scope of the work you will perform to meet the Health Coverage Associates’ requests
Compile
a 1-to 2-page list of at least 10 of the CIS controls that provide key alignment with the administrative (policies), physical (secured facilities), and technical safeguards required under HIPAA to protect against the attacks listed above. Include corresponding NIST controls mapped to the selected CIS controls.
Write
a 1- to 2-page concise outline of the contents of the security management plan. Include
Policies Health Coverage Associates will need to manage, protect, and provide access to PHI
The recommended risk management framework Health Coverage Associates should adopt
Key elements Health Coverage Associates should include in its plan of actions and milestones
Cite
all sources using APA guidelines.
.
Your company has just sent you to a Project Management Conference on.docxhyacinthshackley2629
Your company has just sent you to a Project Management Conference on the latest trends in project scope management. When you return to work, you will have to provide a report at the staff meeting on what you learned.
In your initial post
, share some of the trends that you heard at the conference. Conduct research and use sources to support your findings. Be sure to acknowledge any sources you use.
.
Your company has designed an information system for a library. The .docxhyacinthshackley2629
Your company has designed an information system for a library. The project included a new network (wired and wireless), a data entry application, a Web site, database and documentation.
Design a generic test plan that describes the testing for an imaginary system, make sure to address unit, integration and system testing.
Create a one-page questionnaire to distribute to users in a post-implementation evaluation of a recent information system project. Include at least 10 questions that cover the important information you want to obtain.
.
Your company has had embedded HR generalists in business units for t.docxhyacinthshackley2629
Your company has had embedded HR generalists in business units for the past several years. Over that time, it has become more costly and more difficult to maintain standards, and is a frustration for business units to have that budget “hit.” The leadership has decided to move to a more centralized model of delivering HR services and has asked you to evaluate that proposition and begin establishing a project team to initiate the needed changes. The project team is selected, and you must now provide general direction.
.
Your company You are a new Supply Chain Analyst with the ACME.docxhyacinthshackley2629
Your company: You are a new Supply Chain Analyst with the ACME Corporation. We design specialty electronics that are components in larger finished goods such as major appliances, automobiles and industrial equipment. Manufacturing is outsourced to low-cost suppliers due to the significant labor contribution and closeness to electronic component suppliers.
Your product: ACME Corp. designs a leading-edge family of devices branded as “Voice Assistants.” These are add-on boxes that many OEMs are using as plug-and-play devices in a wide variety of Internet-of-Things products. They are also sold directly to consumers as after-market items, but only for IoT devices that were built with our proprietary data-port.
Figure 1: Product line of ACME Corp Voice Assistant IoT Add-on Boxes
Your task: Your Chief Supply Chain Officer (CSCO) is requesting a review of supplier-to-customer processes as related to recent growth in our company and increasing demand for faster responsiveness to customers. One alternative is to decentralize our inventory into regional Distribution Centers; however, our ERP system is currently limited in the data available to make some of these decisions – and the output reports are very antiquated. Starting off the process, the CSCO directed that your Analysis Team use population data to pro-rate our national sales data as a starting point. For this analysis, you are asked to focus only on the flagship product, Voice Assistant IoT Add-on Box, 4GB, SKU #123-456789. The challenge is now yours to complete some computations and interpret the results!
Your data: A detailed report from your ERP system along with secondary data from the U.S. Census Bureau (reference: https://www.census.gov/programs-surveys/popest/data/data-sets.html) is provided. (Note: Sales to Alaska, Hawaii and Puerto Rico are handled by a 3PL provider and therefore are NOT part of this analysis.) The consolidated EXCEL® file has incorporated several tasks already performed by the Analysis Team --- sort, cleanse, inventory optimization, etc. Other tasks remain for your team.
Detailed Requirements: Prepare a formal report summarizing your results and providing recommendations that are supported by facts. The required layout follows:
A. Supply Chain Management:
a. Identify a single key supplier and a single key customer for your product, including a brief description of their product.
b. Identify the proper type of business relationship that your company should have with the supplier and customer from Part A, above, then briefly describe the data that you would share with them.
c. When implementing Supply Chain Management with your #1 key supplier for the first time, create a timeline that lists each of the six SCOR processes in the order that you recommend implementation; include process leader (by job title), primary contact at supplier/customer (by job title), and duration to implement.
d. Briefly describe each of the four enablers of supply chain .
Your company has asked that you create a survey to collect data .docxhyacinthshackley2629
Your company has asked that you create a survey to collect data on customer satisfaction related to their health care experience at your hospital.
Assignment Details (4-5 pages)
Please Add Title to page
Page 1:
A brief summary of the health care issue/topic (wait time, medication errors, etc.)
Number and access of source to sample and population
Limitations of the survey (parameters)
Time line for completion of survey
Page 2: Survey Questions
Survey questions: Limit the questions to 10
Page 3: Compilation of Data
Time line for assessment and evaluation of data
Challenges faced during this process
Page 4: Results and Conclusions
Results of study
Conclusions and potential value of the findings
Reference page
Deliverable Length
4–5 pages
Title and reference pages
.
"Your Communications Plan"
Description
A.
What is your challenge or opportunity?
The topic I would like to present is pitching an Project idea for some investor to invest in my Women’s Resources center.(Voices Of Women)
B.
.
Why is this professionally important to you?
Goal
A.
What goal or outcome do you want to achieve with this communication?
I.
Is it clear, concise, and actionable?
Audience
A.
Who is you target audience?
What are the professional positions of the audience?
I.
What demographic characteristics will the audience comprise?
II.
What is your relationship to the audience?
III.
What background knowledge and expertise does the audience have?
IV.
What does the audience know, feel about, and expect concerning this communication?
V.
What preconceptions or biases do you possess that might prevent you from building rapport with your audience?
B.
What information is available about your audience?
A.
b.
c.
I.
What research/sources will you use to obtain information about the audience?
II.
What conclusions have you been able to draw about the audience?
C.
What tone will you
"Your Communications Plan"
Description
A.
What is your challenge or opportunity?
The topic I would like to present is pitching an Project idea for some investor to invest in my Women’s Resources center.(Voices Of Women)
B.
.
Why is this professionally important to you?
Goal
A.
What goal or outcome do you want to achieve with this communication?
I.
Is it clear, concise, and actionable?
Audience
A.
Who is you target audience?
What are the professional positions of the audience?
I.
What demographic characteristics will the audience comprise?
II.
What is your relationship to the audience?
III.
What background knowledge and expertise does the audience have?
IV.
What does the audience know, feel about, and expect concerning this communication?
V.
What preconceptions or biases do you possess that might prevent you from building rapport with your audience?
B.
What information is available about your audience?
A.
b.
c.
I.
What research/sources will you use to obtain information about the audience?
II.
What conclusions have you been able to draw about the audience?
C.
What tone will you use to convey your message?
I.
Is the setting casual or formal?
II.
Is the communication personal or impersonal?
Key Message
A.
What is the primary message you must convey to your audience?use to convey your message?
I.
Is the setting casual or formal?
II.
Is the communication personal or impersonal?
Key Message
A.
What is the primary message you must convey to your audience?
.
Your community includes people from diverse backgrounds. Answer .docxhyacinthshackley2629
Your community includes people from diverse backgrounds. Answer the following questions related to how culture affects nutrition.
1. How does your culture shape decisions that you make about nutrition? (Culture includes history, values, politics, economics, communication styles, beliefs, and practices.)
2. Describe at least 1 different cultures present at your community. How do these cultures impact food choices?
3. Describe how you interact with someone from another culture related to diet. Provide specific examples.
4. Assume that you are preparing a Thanks Giving dinner for a group of your classmates that represent a variety of cultures. Describe how you will prepare the menu and set the table. Include how you will address food safety at the picnic.
Explore ways to address the problem of food insecurity in your community.
1. What programs are available to meet the nutrition needs of individuals in the area?
2. What types of options exist in the area to purchase food?
3. What role do you believe society should take to ensure that individuals have access to adequate healthy food?
4. What do you see as your role in the community related to proper nutrition?
.
Your Communications Plan Please respond to the following.docxhyacinthshackley2629
"Your Communications Plan"
Please respond to the following:
Provide a brief overview of your Strategic Communications Plan. Include a short description for each of the following
in bullet point format
:
- The purpose of the communication
- Your goal
- Audience
- Key Message
- Supporting Points
- Channel Selection
- Action Request
Note:
Remember, feedback is a powerful and essential tool. Thoughtful, useful feedback is specific. It combines suggestions for improvement with the recognition of good ideas. When you offer feedback, you should contribute new ideas and new perspectives to help your peers learn and move forward.
.
Your Communication InvestigationFor your mission after reading y.docxhyacinthshackley2629
You are to observe human interaction for 15 minutes in a public setting, noting details of two people's conversation without interrupting. You should describe the communication environment and identify elements of the transactional communication model. Finally, post a brief report on the discussion board, and reply to two classmates' posts with empathetic perspectives on their observations.
Your Communications PlanFirst step Choose a topic. Revi.docxhyacinthshackley2629
"Your Communications Plan"
First step: Choose a topic. Review the Communication Challenge Topics and choose one that is relevant and interesting to you. Make sure to review the examples and anecdotes that follow each topic in this document. You can also find this information under the Course Info tab.
Second step: Review the Strategic Communication Plan example. Your plan should mirror this example in format and length. You can also find this example under the Course Info tab.
Third step: In this discussion, please respond to the following:
Part 1: What is your topic?
Part 2: Provide a rough draft of your Strategic Communications Plan for peer review and instructor feedback. Your draft should include enough detail that we can provide strong constructive feedback and input.
COM510 ASSIGNMENT COMMUNICATION CHALLENGE TOPICS
In the world of business, we can create opportunities through strategic communication. Throughout our professional careers, there are key events that raise the stakes of our communications approach.
WHAT YOU’LL DO
1) Review the Communication Challenge Topics and their accompanying case study examples.
2) Select 1 topic that is professionally relevant for you.
3) Use for your COM510 assignments (the topic you have selected, not the case study example).
Note: If there is another challenge or current opportunity in your professional life that is more relevant for you, you may choose a topic that is not on this list. Keep in mind that the communication challenge you select must in- clude both written and verbal communication elements to meet the needs of this course. (Your professor must approve your selection before you proceed.)
1
Examples of each scenario are provided to demonstrate what thoughtful, professional communication would look like in each of these situations. These are only examples and should not be used for completing the assignment. You can create and establish all necessary assumptions. The scenario is yours to explain.
COMMUNICATION CHALLENGE TOPICS
Choose one of the following topics for your assignments.
• Internal Promotion Opportunity
• New Job Opportunity Interview
• Running a Meeting
• Coaching Your Direct Employees
• Pitching a Project Idea
INTERNAL PROMOTION
Seeking a promotion from within your company is one opportunity in which strategic communication could mean the difference be- tween success and failure. If you choose this scenario, you’ll need to create both a written and a verbal (audio or video) communica- tion. These elements should explain why you are the right person for the internal promotion while addressing potential questions you might need to answer as part of the process.
Things to Consider
• Have you checked the listings on your company’s job board lately?
• Is there a new position you would like to secure?
• Have you taken on more responsibility at work?
• Have your outcomes been positive?
• Do your job title and job description match what you do? .
Your coffee franchise cleared for business in both countries (Mexico.docxhyacinthshackley2629
Your coffee franchise cleared for business in both countries (Mexico, and China). You now have to develop your global franchise team and start construction of your restaurants. . You invite all of the players to the headquarters in the United States for a big meeting to explain the project and get to know one another since they represent the global division of your company.
You are concerned with the following two issues. Substantively address each in a two-part paper, applying Beyond the Book, MUSE, Intellipath and library resources to support your reasoning
Part 1: Effective communication with participants
What are the implications of the cultural variables for your communication with the team representative from each country in the face to face meeting?
Address Hall’s high and low context regarding verbal and non-verbal communication. The United States is a low context culture, while each country is high context.
Tip: Write at least one substantive paragraph for each country
Video on Hall's high and Low Context Communication
Part 2: Effective communication among participants
What are examples of barriers and biases in cross-cultural business communications that may impact the effectiveness of communication among the meeting participants and in potential negotiations?
What are some of the issues you should be concerned about regarding verbal and nonverbal communication for this group to avoid misinterpretations and barriers to communication?
Please submit your assignment.
.
Strategies for Effective Upskilling is a presentation by Chinwendu Peace in a Your Skill Boost Masterclass organisation by the Excellence Foundation for South Sudan on 08th and 09th June 2024 from 1 PM to 3 PM on each day.
A review of the growth of the Israel Genealogy Research Association Database Collection for the last 12 months. Our collection is now passed the 3 million mark and still growing. See which archives have contributed the most. See the different types of records we have, and which years have had records added. You can also see what we have for the future.
How to Make a Field Mandatory in Odoo 17Celine George
In Odoo, making a field required can be done through both Python code and XML views. When you set the required attribute to True in Python code, it makes the field required across all views where it's used. Conversely, when you set the required attribute in XML views, it makes the field required only in the context of that particular view.
How to Manage Your Lost Opportunities in Odoo 17 CRMCeline George
Odoo 17 CRM allows us to track why we lose sales opportunities with "Lost Reasons." This helps analyze our sales process and identify areas for improvement. Here's how to configure lost reasons in Odoo 17 CRM
This slide is special for master students (MIBS & MIFB) in UUM. Also useful for readers who are interested in the topic of contemporary Islamic banking.
A workshop hosted by the South African Journal of Science aimed at postgraduate students and early career researchers with little or no experience in writing and publishing journal articles.
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it describes the bony anatomy including the femoral head , acetabulum, labrum . also discusses the capsule , ligaments . muscle that act on the hip joint and the range of motion are outlined. factors affecting hip joint stability and weight transmission through the joint are summarized.
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
12Wk2Walmart - Managing Change PaperNameI.docx
1. 1
2
Wk2
Walmart - Managing Change Paper
Name
Institution
Walmart is among the biggest retail corporations in the
United States and the world. It has branches in nearly all the
major cities in the United States and many countries worldwide.
However, the dominance of Walmart has been threatened by the
rise of online and digital marketing centers that have taken
advantage of lower pricing to attract customers. Online ventures
have gone as far as taking advantage of the traditional Black
Friday shopping that was started by Walmart. The one thing
that Walmart should change is the way it treats its employees.
Strategic human resource has become influential in the
21st century as evidenced by the high number of companies that
attribute their success to strategic human resource management
(Hamid, 2013). The company is faced by the increasing
competition across the world that threatens to finish its
2. dominance in the retail sector. The first step towards changes
starts with getting the right people to steer the change.
Therefore, the success of Walmart boils down to a quality
human resource team manning the company. A group of
motivated employees is in a good position to develop cutting
edge strategies that will help Walmart to retain its dominance in
the retail sector.
Walmart should consider offering improved compensation,
better work experience, and comprehensive benefits (Dessler,
2015). Transparency should also be upheld to ensure that all
employees understand performance appraisals and awarding.
The company should also develop new ways to attract talented
employees who can guide the organization to the future.
Strategic human resource management will allow Walmart to
create a highly motivated workforce that can counter any
strategy developed by competing organizations (Hamid, 2013).
The team will also improve the current programs under Walmart
Corporation.
Comprehensive benefits and good compensation has seen
organizations like Google, Apple, and Microsoft succeed. It is
bound to have the same effect in Walmart as the company faces
increased competition.
3. WK3
Shared Vision and Organizational Culture
Team “A”
MGT426 – Managing Change in the Workplace
January 14, 2016
University of Phoenix
Shared Vision and Organizational Culture
Importance of Understanding Shared Vision in Change
Management
Without a vision, there is no future. This is a statement
that every organization understands very well and knows its
implications. A shared vision is important as it plays a role in
change management because it is the driving force for all
organizational change it initiates. By definition, a shared vision
is the guideline through which all organization processes, goals
and objectives are built. Whether change is occasioned by
external forces such as the political, social, economic and
technological factors or internal forces such as organizational
policy and structure, it is important to develop a vision to
provide direction (Branson, 2008). One business organization
that contends to these principles is Wal-Mart. It is in this light
that this paper looks at the role of shared vision, organizational
culture, change management and models with respect to the
organization.
Wal-Mart’s Shared Vision and Organizational Culture
The companies can locate its success to its founder Sam
Walton’s ideals. These are contained in its vision statement
which reads: “To be the best retailer in the hearts and minds of
consumers and employees” (Ferguson p 1, 2015). The company
aspires to achieve the best position in the industry and based on
4. the prevailing trend, it has fulfilled its vision of being the best
retailer. The company’s vision statement considers its
employees and customers need and it has already influenced its
customers’ and employees minds based on its financial success.
However, the main component of its vision statement is yet to
be achieved. In order for the organization to succeed in
attaining its vision in the long run, its leadership it must prepare
for its continued expansion. This can help in handling the global
competition pressures (Ferguson, 2015).
Wal-Mart should pay close attention to its organizational
shared vision because it plays a critical role in the successful
implementation of an organization’s strategic change.
Shareholders must show commitment to the achievement of the
desired change. Branson (2008) observes that it is important to
share changed vision for employees to show commitment in its
attainment. In addition, a lack of clear vision may result in
confusing projects which can lead an organization astray. The
change in vision must at all times align with a company’s
overall vision and mission statements. Providing direction and
set of values which articulate the organization’s culture can
help in attaining the desired change. The researcher further
suggests that change management studies note that misaligning
changes with an organization’s vision, mission and objectives
can result in employee’s lack of commitment affecting the
proposed change.
Importance of Understanding Organizational Culture in Change
Management
An organization’s culture comprises of its shared values,
norms as well as beliefs that unite its employees. Culture
affects employees’ perception and actions as well as the hiring
and retention processes within a company. Mallinger, Goodwin
& O’Hara (2009) observe that organizational culture provides
organizational employees with important tools to apply in their
daily operations. A clear understanding of an organization’s
culture helps organizational leaders in two major ways. First, a
clear insight of the culture will provide them with adequate
5. knowledge on the degree at which employees will accept the
proposed change. Secondly, cultural evaluation can help in
providing useful information on a possible cause of a particular
problem.
Wal-Mart’s culture is divided into four main categories to
guide employee behaviors. These components form the
organization’s beliefs which include customer service, respect
for all individuals, need for excellence and integrity. In its
endeavor to meet customer requirements, the organization
prioritizes its customers in its activity. The organization
recognizes the employees input for its success and it is in effect
striving for individual’s and the entire organization’s
performance excellence. In addition, the organization promotes
honesty and fairness to maintain its integrity in decision making
(Lombardo, 2015).
Wal-Mart’s culture is ideal for its global operations and
the type of business. However, the organization can still
improve in the application of its belief to match its
organizational culture. The organization does not effectively
address its employees’ welfare as it pays them a lower wage.
This signifies a difference between the organization’s culture
for the need for individual respect and the real treatment of
workforce. Wal-Mart should put in place effective mechanisms
to help in fulfilling the organization’s culture component of the
need for individual respect (Lombardo, 2015).
Modeling and Change Management
When it comes to the element of change management, Wal-
Mart thrives on a change model that strives to promote is
corporate strategies under four main principles that include ,
attaining global expansion, dominating the retails markets in
America, branching into new retail segments, and developing
the best brands in the retail sector. The principles of the model
are not only future-oriented but also accommodate the nature of
the characteristics of the retail industry. The approach adopted
the organization does significantly deviate from the traditional
change management models discussed in class.
6. Change Management Models
The three common types of change models include the Lewin’s
change management model; the McKinsey’s 7 S model and the
Kotter’s 8 step model of change.
Psychologist Kurt Lewin developed the Lewin’s model of
change management during the 1950s. Lewin observed that
many people prefer to operate within their safety zones and,
therefore, advocated for a three stage process of change, that is,
unfreeze transition and refreeze. In unfreezing, Lewin noted
that many people tend to actively resist change and to overcome
this behavior, an organization management should motivate its
staff to initiate a period of unfreezing. After the initiation of
the change process, the company progresses into the transition
stage and this can take a lot of time. For successful transition,
the management must reassure its staff of the benefits of change
and use appropriate leadership style. Finally, after the
embracement of change and its successful implementation, the
company will stabilize and the employees refreeze under the
adopted guidelines (Cellars, 2007). Lewin’s model can help
Wal-Mart manage employees’ issues that are related to change
resistance. For instance, if the employees oppose the idea of
being transferred to new working places due to global
expansion, the management can communicate the change in
advance to avoid resistance.
While Levin’s model promotes psychological standpoints
on change, Tom Peters and Robert Waterman, advocates for the
alignment of seven organizational aspects for its success. The
seven factors are grouped as either hard elements or soft
elements. The hard elements comprise of strategy, structure and
systems, while the soft elements consist of shared values, skills,
style and staff. The management can easily define and influence
the hard elements and they include the strategy statements, the
formal processes, information technology systems and the
organizational charts and chain of command. On the other hand,
it is difficult to describe the soft elements since they are
intangible and culturally influenced. The 7s model can help in
7. improving an organization’s performance, examining the effects
of expected organizational changes, aligning processes in
mergers and determining the best method of implementing a
strategy. The model’s shortcomings include its complexity and
its ignorance to differences. In addition, companies which use
this model have higher chances to fail. Finally, a change in one
of the seven aspects normally causes the other aspects to change
since they are closely related to one another.
The Kotter’s 8 step changes an organization’s change
initiative into a campaign initiative. Professor John Kotter, the
initiator of this model, posed that workers can buy a change
initiative if organizational leaders are able to convince them of
the necessity and urgency to embrace the change. The eight
steps include: increasing the need for change, developing a team
to steer the change initiative, creating a vision for the
anticipated change, communicating with the employees on the
necessity for a change, empowering the employees to accept
change, establishing short term goals, remaining persistent to
the change initiative and finally, adopting the change and
making it permanent. The model is an easier process to embrace
and it presents an opportunity for a smooth transition to a new
guideline. It also prepares a smooth path to prepare workers on
the need to accept change. However, the model presents a lot of
challenges as it is quite rigid to skip a single step and it is also
time consuming.
Wk4
Wal-Mart Managing Change
Team A
8. Wal-Mart Managing Change
Introduction
Organizational Change Management refers to the adoption and
implementation of various activities, ways and technologies in
the effort to helping the company or organization successfully
serve its customers. That extends to business strategy
transformation, technological and processes implementation for
the purpose of enhancing the organizational performance and as
well as bringing about improved management of the dynamics
of the business environment. That means that organizational
change plays a crucial role in positioning the organization in
tandem with the ever-changing business environment demands
and in the process take advantage of the opportunities available.
The focus of this paper is on the organizational change in Wal-
Mart Stores, specifically the various strategies, processes,
technologies and people management that the company has and
should put in place for the purpose of attaining successful
operations in the market. The change model at Wal-Mart
focuses on those critical implementation at the organization that
would propel it to maintain its position as the world’s leading
retail store.
Company Profile
There are several discount and warehouse stores and the
umbrella of Wal-Mart run businesses since the company’s
launch by Sam Walton on July 2nd, 19632 at Rogers Ark palace
(Slater, 2003). The branch at Rogers was opened primarily to
help the people both the customers and the community to save
on their money and in the process led a better life. Wal-Mart
9. was officially incorporated as a company in 1969 as Wal-Mart
Stores, Inc. and three years down the line it made its first public
trading at the New York Stock Exchange (Slater, 2003). That
was followed by continuous growth as evident with the opening
of more stores across the United States in the 1970s with the
aim of serving the small businesses and individuals (Slater,
2003).
Come the 19th century, Wal-Mart went international upon
changing its business strategy by focusing on offering an
exciting shopping experience to its customers both online, on
mobile devices and in stores, a move that resulted in the
company becoming the leading retailer in the world (Slater,
2003). That in turn forced the management to consider
implementing various environmental measures in an effort to
increase the efficiency in operation thereby resulting in the
company becoming the leader in retail business in the world
(Slater, 2003).
The company continued to experience growth as evident in a
2013 report by the Fortune Global 500 list where the company
was in position two as the second largest public corporation
worldwide with over two million associates worldwide and
offering services to about two hundred million customers on a
weekly basis across over ten thousand stores in 27 countries
(History Timeline, 2013). That was as a result of the company’s
two objectives of providing the customers’ needs at the point of
their need at a specific value and the treatment of others in a
better ways and the acknowledgement of employees in the
sustenance of their success (Annual Report, 2012).
That conforms to the company’s mission statement that reads
“We save people money so they can live better” while the vision
statement reads “If we work together, we’ll lower the cost of
living for everyone…we’ll Give the world an opportunity to see
what it’s like to save and have a better life” (Farfan, n.d). That
demonstrates the company’s capability in following the right
path in the its growth pattern and as such, it starts the need for
the management to keep in mind the importance of the mission
10. and vision statement to the growth of an organization (Farfan,
n.d).
It is this tremendous growth pattern that Wal-Mart is able to
counter stiffer competition in a comparative manner by adhering
to three basic principles. Firstly, the company sees it important
to provide value and service to customers by implementing the
low-price strategy for availing quality merchandise. That in turn
enables it to successfully build the relationship with its
customers thus bringing about rapid growth and success.
Secondly, the company is dedicated to the corporate partnership
between its employees, ownership and management. That has
been instrumental in the company’s attainment of growth.
Thirdly, Wal-Mart is committed to the markets it serves in that
it engages in businesses processes that are a reflection of the
critical principles that the company hold important. The results
of this are the company’s adherence to its mission of ensuring
that the people save money and lead a better life.
Change Model
Given an organizational change is a complex process due to the
anxiety and uncertainties that is associated with it, there is the
need for Wal-Mart to come up with clear benefits arising from
the change and the accompanying values and processes that will
ensure the attainment of change. That will be critical in the
company winning over the support of the customers since
involving and communicating any change parameters is critical
in shaping the employee’s understanding of the various
segments of the organizational change model. There are various
critical areas that Wal-Mart need to focus on visa vice the
organizational change model as follows;
The first area under reviews is Wal-Mart’s management
structure. The company has centralized management structure in
that the all stores across different regions across the world are
under the supervision of the company’s Regional Vice President
that is based at the company’s headquarters. The fact that Wal-
Mart has a centralized management structure, the company is
faced with the challenge of congestion of managers in one
11. location. Ideally, Wal-Mart’s regions comprise of
approximately 11 districts with each district having around 8
stores. In addition, Support Manager assists the District
Manager on an hourly basis as well as several Assistant
Managers from each store across the world. There are also Co-
Managers, and General Manager representing the different
departments.
Because there is concentration of managers at the headquarters,
the company should consider adopting a decentralized
management structure so that it can be flexible in adjusting to
the different environments across world markets such as the
political tension (Jones, 2010). It is through a decentralized
management structure that Wal-Mart will be able to engage in a
variety of local projects in different countries and States. That
will in turn accord the company the opportunity to effectively
enter into prolonged negotiations with the governments in the
target markets to shelve the plans of having all the local
subsidiaries to be locally owned (Jones, 2010). The impact of
this would be Wal-Mart retaining majority control of the local
subsidiaries and as such, bring about successful operation in the
target markets (Jones, 2010).
The second aspect of Wal-Mart’s organizational change models
concerns the human resource management, employee training
performance management planning, needs analysis,
measurement and standards. The training of employees and
performance managements plays a succinct role in ensuring that
the company’s human resource department is in a position to
support global expansion. That is because this expansion is a
demonstration that the HR has to also acquire certain qualities
that aligns to the global workforce transformation.
That explains why the training programs at Wal-Mart are
designed in such a way that they ensure the employees are
effective in their discharge of duties on a daily basis by
adjusting to the industry demands. That is in tandem with the
goals of the company’s human resource department of
maximizing productivity through high performance training.
12. The training serves to counter the issues that bedevil Wal-
Mart’s human resource management.
Thirdly, the change model has to do with Wal-Mart’s
leadership academy program which plays a critical role in the
company’s transformation of its management training approach
The leadership academy program enables the management of
Wal-Mart to accelerate the preparedness of leaders as well as is
in a position of cultivating managers fast enough to meet rising
demand (Noe, 2006). Thus, the program is crucial in the
company’s efforts of identifying employees with great potential
and going ahead to train them to be highly prepared, successful
managers (Noe, 2006).
Wal-Mart’s leadership training program entails taking each
participant from within the company’s employees through a
series of developmental, training, and inspirational experiences
that end up transforming them into thinking about themselves as
leaders (McCauley, 2014). The results of this is an alumni
network of graduates thinking themselves as who in turn use
their acquired skills in collaborating and working for the
purpose of continued development at the company across
different circumstances (McCauley, 2014).
Despite the critical role that the program plays, there is need
for change to ensure it is effective in nurturing leaders from
within the company. Firstly, the program should be framed in
such a way that it explores real business issue in that the
participants should be invited to bring real business challenges
to the program to engage in problem-solving (McCauley, 2014).
That should include break-away activities to encourage the
participants’ exploration of the specific issues at hand. That
will result in an increased participant engagement due to
capability of making deeper connections between their
development experience and their behavior patterns at work
(McCauley, 2014).
The leadership program should also be improved by avoiding
cramming too much content into one program in pretense of
covering as much ground as possible (Phillips, 2012). Instead,
13. the program leaders identify the most important learning areas
that the program should cover and how best the participants
would develop meaningful takeaways. The focus should be on a
specified number of behavioral competencies and a
demonstration of how they may be connected (Phillips, 2012).
Fourthly, the management of Wal-Mart should consider
implementing a training program on office supply inventory.
The training program should aim at bringing about efficiency in
all fields of operations and the effectiveness of the entire
employee towards productivity in terms of high-quality
production and production in high volume capacities (Noe,
2002).
The training on office supply inventory will serve to encourage
the employee and motivate them as the participants will be
taught on the importance of good performance where the best
performers shall be awarded for their efforts in the production
process. Those trained employees that shall surpass the set
target shall qualify for bonuses at the end of the day and at the
end of the month when a collective award will be awarded.
Promotion will be a gift that each employee will gain once they
each achieve individual targets that will be in line with the
organizational goals.
The expectations of the inventory training shall include high-
performance in form of work being done on a timely basis and
production levels on the part of the employers. That will extend
to early reporting on duty and finishing the job allocated as
required, respect and etiquette (Noe, 2002). There is also the
need for the company to put in place an eye wear safety
program to protect the workers from any objects or particles
that may damage their eyes thus causing on-job accidents. That
is because there are various reports indicating that most
employees in America suffer from eye-related accidents and as
such, the company has to ensure that its workers wear suitable
eye protection as per the OSHA standards.
Finally, the Pricing Strategy makes an eminent change model at
Wal-Mart in that the company keeps an eye on pricing trends as
14. a result of the bargaining power of buyers. Through the
strategy, the company strictly operates under the “Everyday low
price” principle in the effort to offering a wide range of
products thus preventing buyers from switching to other
retailers (Fishman, 2006). That coupled with the fact that any
company wishing to succeed and be profitable in the market,
there is need for the company to offer competitive prices so as
to attain high efficiency in operation, and low operating
expenses (Fishman, 2006).
In the effort to make pricing a competitive advantage, Wal-Mart
engages in direct dealing with manufacturers and maintains a
centralized purchasing process in facilitating inventory control
(Roberts, & Berg, 2012). That has forced the manufacturers to
cut their margin in meeting the company’s employment policies
and in the process enable the company to buy its inputs at the
lowest cost. In return, the company saves inventory holding
costs offering low price products (Roberts, & Berg, 2012).
Such increased operation efficiency enables the company to stay
ahead of the price competition from rivals.
Communication Plan
The best way for communicating the above change model is for
the management to call for a special meeting and inform all the
employees of the new developments in place. That will entail
collecting relevant information from the employees while at the
same time increasing their ownership stake in the running of the
company. That will result in the employees contributing to the
requirements needed to discovering the true status of
organizational performance.
All the managers will have a separate meeting in which there
will be circular containing what the company has decided to
implement in the effort to influence their decisions in I
resolving any issues at hand that may be hampering the growth
of the company. That will extend to exchanging or a dialogue on
the best ways of responding to issues or risks at hand from a
governance and regulatory perspective. All the stakeholders of
the company will be informed of the change model in the effort
15. to ensure all en-gage in the project in ensuring that it meets
their needs.
Conclusion
In conclusion, management change in the organization plays a
critical role in the company’s adoption of new technologies,
procedures and policies. If Wal-Mart adheres to all the above
strategies, the company will operate successfully.