This document summarizes information about a medium-sized plastic manufacturing business, models for analyzing family businesses, and recommendations. It provides details on the business, applies several family business analysis models, shares results from an online questionnaire, and gives proposals to improve leadership, strategy, innovation, institutionalization, continuity, and next generation development. Key recommendations include forming a family charter and board of directors to ensure continued success across generations.
Source is the home of lean thinking - this edition we cover approaches to building in house lean learning capabilities to sustain organisational chnage
MBA courses in Chennai | Specialization Course List | CBSsaikrishc12
MBA courses in Chennai, CBS has world-class faculty and the courses they offer are taught by alumni of IIM. CBS is one of the top colleges for MBA in Chennai.
ILM accredited Level 3 First Line Leadership and Management Programme
Course Duration
9—12 months, minimum 120 guided learning hours
Course Structure
3 two-day interactive workshops with supporting and follow up ILM workbooks
Work based ILM module workbooks to help deliver the minimum 120 guided learning hours
Four mandatory units - work based assignment and change management report
Source is the home of lean thinking - this edition we cover approaches to building in house lean learning capabilities to sustain organisational chnage
MBA courses in Chennai | Specialization Course List | CBSsaikrishc12
MBA courses in Chennai, CBS has world-class faculty and the courses they offer are taught by alumni of IIM. CBS is one of the top colleges for MBA in Chennai.
ILM accredited Level 3 First Line Leadership and Management Programme
Course Duration
9—12 months, minimum 120 guided learning hours
Course Structure
3 two-day interactive workshops with supporting and follow up ILM workbooks
Work based ILM module workbooks to help deliver the minimum 120 guided learning hours
Four mandatory units - work based assignment and change management report
Business schools provide trans formative learning solutions to management students pursuing PGDM courses. They equip the students with skills that can engage customers, compete across the industry and hence, grow business. These management courses produce leaders and front line managers who can create value for the organization they work with.
Whether you’re new to the world of business, want to start a business of your own or are working your way up to the management level, the Business Management course will provide you with the fundamental training to get you started.
In this course, you will gain an in-depth understanding of business analysis and the principles of business process management, developing essential business communication skills along the way. From the vision, design and execution phase to monitoring and optimising, you will learn a range of methods for continuous business improvement.
By the end of the course, you will have an excellent understanding of the different areas of business management, and how to think strategically in a business environment.
It is a brief presentation of Management Development Programs as to its definition and features gathered through various references included in the presentation as well as its impact to innovation.
THE 8 CHARACTERISTICS OF A STRONG INNOVATION PROGRAM (HIGHLIGHTING THE PERSIS...JowaraBautista1
This slide share will help you in identifying the eight (8) characteristics of a strong innovative programs that highlights the last two characteristics which is the persistence and identifying opportunities. It will also help you to know the four (4) ways to identify more business opportunities together with the importance of having propensity as a leader.
PANGASINAN STATE UNIVERSITY - URDANETA CITY CAMPUS
SCHOOL OF ADVANCED STUDIES
PHDDS 317 - DEVELOPMENT AND MANAGEMENT OF INNOVATIVE PROGRAMS
JOWARA V. BAUTISTA (Discussant)
ROSANNA D. GONZALES, Ph. D. (Professor)
Performance reviews are an important part of employee engagement and help to raise productivity and employee performance. Therefore, we share 100 useful performance review example phrases that you can adapt and customize to suit your team members. These performance review examples will help get you started.
This file is for educational purposes only. It is intended as one of the requirements in PhDDS 317 - Development and Management of innovation Program.
The report is all about the Employees Development Ideas: 9 Creative and Cost-effective Training Ideas.
This ATHE Level 6 Diploma in Management is a 60 credit qualification and practically approaches education. To achieve this qualification, learners must complete two of the four core units, which total 30 credits. This diploma provides a thorough understanding of how organisations plan their activities at strategic levels and implement them to contribute to the organisations’ smooth movement. It also teaches learners how organisations can maximise their competitive advantage.
Business schools provide trans formative learning solutions to management students pursuing PGDM courses. They equip the students with skills that can engage customers, compete across the industry and hence, grow business. These management courses produce leaders and front line managers who can create value for the organization they work with.
Whether you’re new to the world of business, want to start a business of your own or are working your way up to the management level, the Business Management course will provide you with the fundamental training to get you started.
In this course, you will gain an in-depth understanding of business analysis and the principles of business process management, developing essential business communication skills along the way. From the vision, design and execution phase to monitoring and optimising, you will learn a range of methods for continuous business improvement.
By the end of the course, you will have an excellent understanding of the different areas of business management, and how to think strategically in a business environment.
It is a brief presentation of Management Development Programs as to its definition and features gathered through various references included in the presentation as well as its impact to innovation.
THE 8 CHARACTERISTICS OF A STRONG INNOVATION PROGRAM (HIGHLIGHTING THE PERSIS...JowaraBautista1
This slide share will help you in identifying the eight (8) characteristics of a strong innovative programs that highlights the last two characteristics which is the persistence and identifying opportunities. It will also help you to know the four (4) ways to identify more business opportunities together with the importance of having propensity as a leader.
PANGASINAN STATE UNIVERSITY - URDANETA CITY CAMPUS
SCHOOL OF ADVANCED STUDIES
PHDDS 317 - DEVELOPMENT AND MANAGEMENT OF INNOVATIVE PROGRAMS
JOWARA V. BAUTISTA (Discussant)
ROSANNA D. GONZALES, Ph. D. (Professor)
Performance reviews are an important part of employee engagement and help to raise productivity and employee performance. Therefore, we share 100 useful performance review example phrases that you can adapt and customize to suit your team members. These performance review examples will help get you started.
This file is for educational purposes only. It is intended as one of the requirements in PhDDS 317 - Development and Management of innovation Program.
The report is all about the Employees Development Ideas: 9 Creative and Cost-effective Training Ideas.
This ATHE Level 6 Diploma in Management is a 60 credit qualification and practically approaches education. To achieve this qualification, learners must complete two of the four core units, which total 30 credits. This diploma provides a thorough understanding of how organisations plan their activities at strategic levels and implement them to contribute to the organisations’ smooth movement. It also teaches learners how organisations can maximise their competitive advantage.
Management Essay
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Business in a modern world is a constant transformation. Markets, companies and even complete societies are subject to constant change. The ability to transform is a key success factor in business but also a major challenge. „How to“ transform? Which factors are relevant for a sustainable and successful transformation? This paper will give some answers to these questions and we will show, that transformation is strongly related to:
Why? The purpose of the future business and transformation process has to be carved out precisely and communicated well. This is essential to get the buy-in of all relevant stakeholders. They have to understand the necessity to change values, behaviors and develop the competencies needed for a future excellence.
How? A well-laid strategy in combination with operational excellence in organizational design and process layouts sets the direction, a structured development of competencies and skills ensures the necessary abilities are in place.
What? In the end the result oriented execution of strategies and plans will be the key factor for success. Only realized results make the difference!
My thoughts on the background to and the essential elements of 21st century management. Why corporate entrepreneurs are different and how we can develop them.
Test 4 Study Guide-What does a spreadsheet consist ofA groupi.docxmattinsonjanel
Test 4 Study Guide
-What does a spreadsheet consist of?
A grouping of text and numbers in a rectangular grid or table
-What is a label?
A label most often refers to a text entry such as a heading used to identify a column of data.
-What is the default alignment of a cell which begins with a label?
-Does the print command cause that portion of the current window visible on the screen to be printed unless changed in options?
- Can margins be set using inches and centimeters?
-Can you perform a series fill in any direction?
-Can functions have more than three arguments?
-How are absolute cell reference, and mixed cell reference identified?
-Can charts contain data from a completely separate spreadsheet?
-A chart most be recreated when values are changed?
-can scales on the vertical and horizontal axis be modified?
-is it mandatory that the arguments in an array formula be absolute value?
-How are DSUM and DCOUNT different from SUM and COUNT?
SUM-Function adds the values in a specified rang
COUNT-Function that tallies how many cells in specified range contain numbers or dates
DSUM-Returns the sum of the values in the summary column that meet specified criteria
DCOUNT-Returns the number of cells containing numbers that meet specified criteria
-Know the IF statement arguments
-Can the PMT only be used if the payments are the same?
-Can database be sorted in ascending or descending order?
-Does the worksheets have to have an identical layout in order for Consolidation using labels to work?
-Can other functions be used besides SUM when consolidating worksheets?
-Can the variables in a data table be changed once set up?
-
15: Organizational Culture and Innovation: living and working together
Social Media and Corporations: Don’t Cross the Line When You Go Online
When you think of “shameless self-promotion on Twitter”, what industry do you think of first? Whatever your choice, there’s a good chance it’s not Wall Street.
But it’s not for lack of wanting. Though investment banking has been slower than most industries to dive headfirst into self-promotion via Twitter and Facebook, many young professionals are eager to reach out to existing and potential customers using social media tools. But firms are cautious about how bankers represent themselves to a public wary of corporate hijinks and poor decision-making. Add to this a very complex regulatory environment surrounding how businesses in banking industry must monitor and store official communications, and you start to understand why Wall Street has been more tentative than most industries to get with the times.
“Who could blame any firm operating in a regulated industry for taking a cautious approach in the face of all that?” asks social media expert Kip Gregory, principal of The Gregory Group. “Especially in financial services, which is at its core an industry built around the management of risk. The question is: How do you, as a competitor in this business, choose to respond to a clearly shiftin ...
15Reflection and Discussion Forum Week 3Sri ChaitaAnastaciaShadelb
1
5
Reflection and Discussion Forum Week 3
Sri Chaitanya Patluri
University of the Cumberlands
Organizational Behavior
Dr. Johnny Chavez
Sep 07, 2021
Reflection
Motivation is defined as a set of motives or conditions that drive the behavior of individuals, organizational units, or projects. The purpose of motivation concepts is to help them focus on the primary purpose of the process and the related motives that underlie it. Once they understand motivation concepts, they can use them to motivate people and accomplish tasks. Motivation concepts help people understand why they do what they do and help them identify the steps that motivate motivation. The next step understands the steps needed to move from one problem domain to another. The theories that have been developed are generally confusing, contradictory, and contradictory to the originated objectives. The more theory that is used, the more contradictory it is to the objectives it supposedly was intended to achieve. However, it is essential to realize that more theories and theories will lead to a more consistent method of achieving objectives(Nasution, 2021).
Most organizations today know the objectives and are using organizational, motivational methods to achieve them. Organization-level factors such as human resources, compensation, and support systems influence whether an organization achieves its goals. These factors influence many factors, including the organization's performance as measured by objectives. Employee job engagement can affect managerial relationships and organizational behaviors, and the firm's overall success. It can improve compliance, employee satisfaction, better financial performance, increased employee motivation, and improved corporate image. The degree to which an organization considers its corporate environment a living environment is called corporate culture. The potential for employee empowerment and communication increases when there is corporate culture. The driving forces behind the decision-making process are the drive for performance, and both factors drive performance. The more drive for performance, the more drive for performance needs to be met. One of the significant factors that drive performance is the drive for return on investment. The second major factor that drives performance is the drive for achievement(Robbins & Judge, 2018).
Motivation plays a significant role in organizational functioning and decision-making. A good motivator's personality is a significant factor influencing their decision-making abilities. JCM utilizes opportunities to take risks in order to learn. It is essential because there is a risk associated with going beyond the requirements set for them in the job they are doing. Some employees find that adding pressure to achieve a JCM Goal of getting more done results in increased pressure to get things done and less commitment to the organization. To achieve this goal, employees must take on more responsibility and n ...
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Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
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In this masterclass, presented at the Global HR Summit on 5th June 2024, Luan Wise explored the essential features of social media platforms that support talent acquisition, including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok.
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"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
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➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
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This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
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B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
1. 1. Family business information
Name : Plastic material
Sector: industrial
Size :medium
Description:
A medium-sized factoryfor the productionof plastic materials, characterized
by opportunities for permanent demand for the plastic industries; increase
the chance of making a profit; This project is characterized by easy access
to raw materials and easy access to the required labor and training to work,
and the factory is working to provide a high quality product and work on
developing future plans for development and progress in the field. The
factory owns the best equipment, tools and modern devices for the
manufacture of high quality plastic containers and bags to meetthe needs of
users. The factory owns a large group of trained human cadres at a level of
skill and accuracy. The factory abides by all health and environmental
standards imposed by the authorities. The factory works to reduce waste,
whether harmful or Environmentally friendly.
2. Genogram,Three-circle model,Gersick’s developmentmodel
Three-circle model:
we need to identify its members and the roles they play in the system.The
system is made up of three components which intersect to form seven
zones or sectors,where we can place each of the differentplayers. The
system, representedby the Three-Circle Model (Figure 1), allows us to
identify:
The business-family-ownership system
1. Family members who are not involved in the business.
2. Family members who work in the business but are not owners.
3. Nonfamily employees who are shareholders.
4. Family members who are owners, management or employees.
2. Gersick’s development model
The family dimension, it all starts with a young family business, then new
generations enter the company, until such time as everyoneworks
together. Eventually, the business reaches the point where it is time to
transfer responsibility, as the founding generation hands over control to
the new generations. The transformation of the ownership dimension
begins with the controlling owner, then the patriarchalpartnership formed
by the members of the second generation, and over time, it will be the turn
of the grandchildren. The dimensions and their evolution are represented
in the Gersick’s developmentmodel.
family
business
ownership
2
1
3
20
3. Genogram
this evolution frequently occurs simultaneously in each of the three
dimensions, the configuration of each of the areas of the business-family-
ownership system mustbe taken into consideration,as family business roles
can change over time.
Another key tool that helps us to understand the complexity of the family
business is the genogram. The genogram is not a business organizational
chart or the family’s genealogical tree. It represents the history of the
entrepreneurial family, its relationships and the situation of each family
member in relation to the company and to ownership.
The following is a simple example of a genogram (men are in the squares
and women in the circles):
Mohammad
63
Ali
30
Legal Affairs
Ahmed
23
Salim
33
financial affairs
Safa
36
Market
ing
Reem
27
Said
3
Sara
6
4. 3. StructuralModelAnalysis :
Measuring the structural risk of a family business,family complexity,
greater business complexity, and less structural developmentequals
structural risk.
This means that if the level of family complexityis low, plus a low level of
business complexityminus a large structural development,then the
structural risk will be less, i.e. the risk of disappearance of the company In
the future.
The following graph displays the components of the structure:
The modelis the professionalfamily, small simple family, in a large or
complexbusiness,which
The family is professionallymanaged. The mental modelis that the family
runs with a high level of accountability; In the company
there are management practices,strategy, plan, budget,managers
5. Type of company:captain
complexitylevel: simple family, in other words few family members in the
business,usually first generation who pass it on to their children.
Mental model:someone has to be the family and business leaders.
The Miller & Miller Model:
Predecessor
There are two fundamental actors in succession: the predecessor (founder, etc.) and the
successor(s).
Business context
Business context is important for a successful succession. This basically refers to what we analyzed
in Module 2 regarding the professionalization of the business and the existence of, for example, a
Board of Directors and other institutionalizing components.
Family context
Family context is another significant component for a successful succession. In other words, the
family dynamic and the quality of the relationships between the family members, which should be
harmonious, open and with spaces for conflict resolution.
Process
Establishes the process or steps for implementing succession, i.e., knowing how to make a
succession plan. The plan must be based on common rules and the family business vision and
should include successor support and development: Then, the selection process and finally the
installation process and succession transition.
The Successor
We will start by discussing the successor variable. There are four types of successors (Sharma, P.,
Irving, G.; 2005), according to the type of commitment they have with the family business.
6. 4.Result of the online questionnaire (results attached in pdf)
IFEM Community.pdf
7. 5. Proposalfor improvement(recommendations)
Recommendations forthe next generation developmentplan.
First, family entrepreneurs and practitioners must be able to discern the
stage of developmentof successors from infancy to successorintegration
into the business, in order to identify appropriate strategies or best
practices for knowledge sharing and integration.
Second,the strategies must induce the type of learning to develop an
entrepreneurial leader: assimilating, interacting,
Reflect,among other things.
Third, to measure the impact of the results of the strategies by comparing
them with proposals in this work for each stage
and type of learning.
fourth, provoke a conscious use of knowledge within the family by serving
as a major resource or inviting you to continue learning about the family
business.
recommendationforforming the family board or the board of directors.
The company’s board of directors should prepare a family charter; To
achieve the continued success,growth and maximization of the company,
keep going.
8. Checklist:
Checklist Yes No
1. Includes Genogram, 3-circle Model, Gersick’s Development Model Yes
2. Identifies structural risk, applying the formula and determining the type of company
(Captain, emperor, etc.)
Yes
3. Contains the result of the online questionnaire “Snapshot of a Family business” in pdf
format.
Yes
4. Includes 1 recommendation for each of the 5 diagnostic variables: leadership, strategy,
innovation, institutionalization and continuity.
Yes
5. Includes the prediction of the family business model into which it will evolve, 2
recommendations for developing the next generation, and 1 recommendation for forming
the family board or the board of directors.
Yes