Tuesday, December 24, 2019

Effective Teamwork - 1435 Words

Effective teamwork Beau Kincade MGT 345 Axia Kathy Laskowski Effective Teamwork This paper will explore some ways to effectively create and manage a team. There are many differing styles, so I will try and focus on the ones that I would chose personally; and match my style. With my style being eclectic, this is a pretty broad statement. I like to take, what I feel are the best ideas, and transform them into my own. I like to think that if given a team, I would be a great manager; being able to bring out the best is my workers. No matter what style you take on, you have to be ready to adapt at a moments notice. This paper will look at ideas and ways to accomplish this task. First we need to create a team. In doing so we need to†¦show more content†¦Technical know-how will only get you so far, then you have to have those people interaction skills to make the picture complete. People relate to people, not to the degree or skills that person possesses. This maybe the most important skill that any manager can possess, man agers without it may not be a manager for long. â€Å"The success of a team depends on the people skills of a manager†, (Prithivira, 2008). People can easily tell the true people person from anyone trying to pretend to be one; if people skills are not your strong point, then you had better develop them, or consider another career path. In doing the simulation the other day, I learned a great deal about how to effectively manage a team, and resolve unhealthy conflicts. Simulations such as that should be mandatory requirement to even be considered for a position in management. Regular change training should also be part of the job description, to keep the ideas fresh. Once the skills become stagnant then you may fall into some bad habits that may wreck your team. Keeping abreast of new ideas that may prove useful can only help you in the long run, making you the go-to person in any situation. Simulations are used in my job now to keep the associates, as well as the managers, k eyed into the ever changing world of business. Another tool that no man, let alone manager, can live without isShow MoreRelatedHow Does Effective Teamwork Look? Teamwork Is An Initiative1745 Words   |  7 PagesHow does effective teamwork look? Teamwork is an initiative that many people are familiar with, and that is used by many businesses. Without effective teamwork, there is a good possibility that a business will have many problems and might even fail. Teamwork is basically a method of working with a group of people in order to accomplish a task. Teamwork can be a solution to the group project being done well. There are many companies that put a lot of importance on the issue of their teams being trainedRead MoreEssay on Factors for Effective Teamwork1415 Words   |  6 Pagesgenerating accomplishment. From the above discussion it is understood that, the involvement of employees through motivation is very much required for organisation. In this regard, the hybrid model of motivation that is the work strategy model should be effective. M/S Hogan should look forward to making a worthy communication model and put forth the reward and punishment system. This enables the view point focal of the employees and the motivating factors will make them think that they are not working theRead MoreBuilding Effective Teams And Teamwork, And Leading Positive Change1472 Words   |  6 PagesGroup skills are comprised of 3 core aspects which are: empowering and engaging others, building effective teams and teamwork, and leading positive change. Each one of these core elements is very important in developing group skills and can always be improved if the proper approach is taken. Effective empowering and engagement is made up of 9 various dimensions. 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Possessing the skills to collaborate with others is more effective than the energy it takes to do the job (Global post,2014). Cultural confusion whether it is personal, ethical or linguistic happens in all professional environments and can cause angst and strife (Hattersley,2007). It is a main proponent in theRead MoreThe Importance Of Teamwork And Effective Communication880 Words   |  4 PagesTeamwork and effective communication are essential for patients to receive safe, quality care. The goal of healthcare workers are to communicate information in an effective and timely manner which in turn helps staff work as a team and coordinate care for patients. This was demonstrated effectively when Gary communicated the change in Mrs. Everett’s mental status. Failure to work as a team and convey pertinent patient information can cause harm and even death to patients. Video #2 showed howRead MoreBuilding Effective Team And Teamwork1291 Words   |  6 Pages Building Effective Team and Teamwork There are several attributes that a team must have to be regarded as an effective one. First, an effective team has interdependent members. Its productivity and efficiency are influenced by the level of coordination and interaction amongst and between its members. Second, effective team helps its members work together rather than alone. This implies that the team outperforms the productivity of an individual in the team. Third, effective team functions so efficientlyRead MoreA Brief Note On Effective Collaboration And Teamwork1138 Words   |  5 PagesA conflict within an organization occurs due miscommunications and differing beliefs, decisions, or actions. Conflicts can be very stressful and can create problems in the workplace if not resolved. Effective collaboration and teamwork are important for avoiding conflicts in any given organization or entity. A conflict that I have personally witnessed was at my mother’s doctor’s office that consisted of a primary care physician, specialist, nurse, and medical assistant. When my mother was receivingRead MoreEffective Teamwork And Conflict Management Assessment1112 Words   |  5 PagesEffective Teamwork Conflict Management Assessment QUESTION ONE: Forming: My way of forming may not fit in the conventional sense, as I remember the very first day I entered the classroom to join my fellow students, I said, very happily - knowing what types of reactions I would receive, Goodmorning (big smile on my face) and everyone responded in quick succession, Goodmorning, I also felt they thought I was a new tutor. You should have seen their faces, it was hysterical, total obliterationRead MoreEvaluating Tools For Developing Effective Teamwork865 Words   |  4 Pagesparticipate in team selection to enhance their learning. Exposure to multiple perspectives, thinking styles, and peer interaction supports the ability to form and manage highly productive teams. In this course, we examine tools for developing effective teamwork to better support your design experience. Task One: Select team members with adequate and complementary skills to complete your project. In CH E 464, students fill out a questionnaire. Students self select into pairs, and pairs are combined

Sunday, December 15, 2019

Mgt3202 (Change and Organization Development) Free Essays

Issues (Change and Organizational Development) As  organizations evolve and come to be seen as dynamic, coping systems, the concept of how they change and methods by which they manage change has continued to be refined. (Rafe Harwood, ND) The organizational change can be structural change, technology, people or task. Managing a process of change in an organization can be a highly complex task and is often essential for effective organizational development (OD). We will write a custom essay sample on Mgt3202 (Change and Organization Development) or any similar topic only for you Order Now The forces to boost the change in an organization are the Nature of the Workforce, Technology, Economic Shocks, Competition, Social Trends, and World Politics. Organizational Change entails thoughtful planning and sensitive implementation, and above all, consultation with, and involvement of, the people affected by the changes. (businessballs. com, 2012) * The observations made and any problems or issues reported by the people interviewed. Mr. NG KIAN BOON mentioned that his company, MITSUGOLD SDN. BHD. as experienced in changing organizational structure in terms of downsizing, he emphasize downsizing of his company is not shutting down the entire business or not because of not making profit within the organization, but to concentrate on the core and essential part of the business, and also to reduce the operating cost as they outsourcing to a real estate agency to help them do product promotion, marketing, and in house sales. He said that operational costs like computer, stationery, advertisement cost, space rental, utility bills and wages can be reduced when apply outsourcing. Moreover, real life example was given by him in his company, one of the tactful and experienced salesperson who already worked in MITSUGOLD SDN. BHD for more than 20 years ago since the company was established as a small size property developer. The woman is very used to do the sales work and she couldn’t do anything else except promoting project. As the world are changing more towards on high technology, most of the presentation are conducted by Microsoft PowerPoint and more visualize software as a presentation tools to give the potential buyer a clearer image of the product (eg. Residential unit) to attract them rather than the traditional ways of sales technique like verbally explained to them. As there is natural resistance over the organization change, MITSUGOLD SDN BHD will offer those employees a remuneration allowance to those does not want to change or couldn’t cope with the change. Whereas for those employees are willing to change, they will be offered a new job in other department or even promotion of the position, and also the training program. * The different perspectives on the situation which can be generated using Organization Behavior Theories and insights. The evaluation of the options for different potential recommendations amp; The chosen recommendations References: Rafe Harwood, Organizational Change in Today’s Economy, Rafe Harwood, year (Nil), online (accessed on 30th Oct 2012) available at: http://www. unfortu. net/~rafe/links/change. htm Businessballs. com, change management, Businessballs. com, 2012, online (accessed on 30th Oct 2012), available at: http://www. businessballs. com/changemanagement. htm http://managementhelp. org/organizationalchange/index. htm How to cite Mgt3202 (Change and Organization Development), Papers

Saturday, December 7, 2019

Analysis and Evaluation of the International Business Strategy.

Question: Discuss About the International Business Strategy. Answer: PESTLE: identify the trends in the external business environment of the company Political Factors There are various political factors which are required to be considered such as the laws and policies of the Government, the intercontinental relations are the major part which affects the functioning of any organization. Economic Factors The economy is very fluctuating and also has faced a lot of recession. But threes factors have not impacted the performance mad sales of Zara. Zara basically deals in Dollars which is a safe currency. There are different prices quote in different nations. Thus it also impacts the sales of the company. Social Factors There are various choice s of size and variety available as per the cultural and demographical variations of the nations. There aresizes available from six to sixteen. As people are more facilitated by the discountsand offers thus Zara also promote its sales through various offers (Lloyd, Chugh and Portfolio, n.d.). Technological Factors There are several innovative factors and steps Zara has initiated to have responsiveness with the high tech systems. There are few innovative technologies of Zara such as Zara iPad app, interactive maps for searching for Zara stores and other mobile apps. Environmental Factors The sales and production get impacted because of the environmental factors such as the weather conditions in the Asian countries, variousenvironmental hazards such as earthquakes in Japan etc. all these issues impact the operations of the company. Legal Factors There are various legal issues which impact the performance of the company such as copyright issues, litigation etc. thus it is essential to follow all the rules and laws effectively (Lloyd and Chugh, n.d.). Porters Five Forces: To identify the potential for profitability Substitute Threat The threat of substitutes is moderate in this industry as the cost of switching to another brand is low and this gives selection opportunity to the customers. There are various brands such as Forever21, River Island etc. these brands gives substitute opportunities to the customers. New entrants threat The threat of new entrants is low in the industry as there requires huge amount of capital for any start up in the industry. The distribution costs are also very high which restrict the new players to be the part of this industry.One more thing which binds the entry of new playersis the importance of brand equity as customers are loyal to the well established brand only. Thus ZARA has no threat of new entrants (Mann and Byun, 2011). Industrial Rivalry There is high industrial rivalry present in the fashion industry as there is extensive competition. There arenumerous strong brands present in the industry which gives a striving competition to the company. There are various factors on the basis of which the difference takes place such as price, brand equity, quality or HM (Pirone, 2010). Bargaining power of the suppliers There is low bargaining power of the suppliers in this industry as the material is available in large quantity as well as there are extensive numbers of suppliers to choose from. Bargaining power of the buyers There is moderate bargaining power of the buyers as there are number of companies in the industry and customers can select from them as per their requirements. The cost of switching is also very less which give the customers strong bargaining power (Kavvadia, 2012). Wernerfelts Resource Based View model: To identify the capabilities resources Vertical integration is the highest valuable resource of the company as the organization manages its logistics, distribution, warehousing and design all by itself rather than dependingupon various other associations. The organizational values are again the precious resource of the company as they are effectively followed by the employees. The speed of delivery and the flexibility in the operations are another two major components which possess huge value (Taken from Bhardwaj, n.d.). Rareness The delivery time for the new products is very less of Zara in compare with other companies and this is one of the rare elements of Zara (Wang and Ahmed, 2007). Imitate The business model of Zara is imitable from future perspectives only. It is not easy for any start-up venture to have such an effective organizational structure, effective supply chain and vertical integration. These things are difficult to imitate for the new entrants (Bhardwaj, Eickman and Runyan, 2011) Organization The profits and the sales of the comp any are continuously up surging. The employees of every level are highly dedicated and efficient. The company has autonomy in making effective decisions. These organized processes provide competitive benefits to the company (XXXXXX, E). Value Chain Analysis Primary Activities Product Design: 3000 designers, extensive number of ideas from Zaras store managers Operations/Sourcing: Interconnected headquarters and the suppliers to achieve higher supply coordination, usage of pull strategy (Christopher, 2016). Production:Products manufactured are highly fashion and time sensitive, highly programmed and technology based factories. Use of JIT and effective labor practices (Ghemawat, Nueno and Dailey, 2003). Logistics:Effective distribution centers such as Spoke and Hub. Installation of mobile tracking system and interconnectivity of the distribution centers. Marketing:Decreased expenditure over marketing and take use of word of mouth publicity Store Operations:Provide global recognition to Zara, interconnectivity among stores and all the stores are well designed as well as placed in high profile slots (Saranga and Moser, 2010). Supporting Activities Equipment, Systems, HR and Firm infrastructure There are almost 14000 employees in the fully owned factories of Zara Highly designed and exclusive infrastructure Fast product turnover Prime locations Effective management (Mazaira, Gonzalez and Avendao, 2003) TOWS: Threats, Opportunities, Weaknesses and Strengths Threats There is increase threat of global competition as well as another tgreat which Zara encoun ters is of supply chain interruption Opportunities There are number of opportunities present for Zara to have success and growth such as to increaseits distribution centers for having extensive customer base and to develop its roots in the developing nations. The global expansion will result into higher sales and up surge revenues (Turker and Altuntas, 2014). Weaknesses There are few weaknesses also which are required to be control i.e. the centralized distribution which number of times creates difficulty in decision makingand logistics. Another weakness is the complicated organizational structure which is required to be simplified and effective. Strengths Zara possess a numb r of strengths such as the effective customer service which builds the loyal customers and help in retaining them for long run. The use of innovative technology is alsostrength as the company always operates on innovative and smart technologies. Zara has a recognized present across the globe which is one of the most efficient strengths of the company. The company is always been identified as a fast fashion as there is continuous production of innovative designs and textures. The integrated supply chain is also a major strength to the company which helps in fast production and delivery which provide extensive competitive advantages to the organization. OLI theory Dunning Ownership advantages Global brand name: the brand Zara is a globally recognized brand which has a greater customer has extensive brand awareness among the customers. Centralized supply chain management: The supply chain of the company is managed in a centralized way as all the operations and departments are interconnected (Woo and Jin, 2014). Location advantages The company possesses location advantages as there are low cost products at various places and the countries with developed economy provide greater returns because of various location benefits. Internalization advantages Entry modes: the company has gained a number of international benefits such as the entry strategy adopted by the company such as licensing and joint ventures. These global expansion strategies have provided Zara several positive outcomes. Boom of FDIs: Foreign Direct Investments are giving rise to MNCs to enter overseas markets. The rise of FDIs is the way to enter global markets and to attain huge profits and revenues (Matic and Vabale, 2015) Generic strategies Cost Leadership The company is well succeeding in implementing the cost leadership strategy. Zara has tremendously focused on decreasing its cost, using a low-cost product design as well as automated assembling so that there can be saving of costs. The company has attained huge profits andcompetitivebenefits through cost leadership strategy (Cortez, et al., 2014). Differentiation Strategy The quality, design and various other factors are different from the competitors products so that the company can attained huge differentiation benefits. The differentiation strategy of Zara is reflected in its designs, packaging and in the structuring and designing of the value chains (Pilarczyk and Stefanska, 2013). Focus Strategy The focus of the company is basically on the cost and differentiation. To have advantages of low cost the company is striving hard and taking use of innovative technologies. Zara can continue with its growth and customer based by using the differentiation and cost leadership strategies (Chi, 2015).Market Penetration Strategy The company facilitates its present customers to have more purchase. Zara keeps on introducing new and fresh products so that customers can make a frequent purchase to satisfy their changing needs. The fast delivery is the one which make the sales going as the customers get the products much faster in comparison with the competitors. Zara has most of its production at its own stores and factories. This reduces the additional need of warehouses and keeps Zara much recognized in the eyes of customers. Market Development Strategy Firstly there is identification of the potential customers among the already existing customers. Secondly there is identification of new locations and new markets for its products. The main focus of the company is over the developed fashion markets for its products and stores. Product Development Strategy The company keeps on developing new features in the products so that there can be increased sales. The target customers of Zara are the one who want different and unique products. there are various super business teams which take care of innovative features in the products so that there can be continuous product development. Diversification Strategy Zara has always been developing products with marketing and technological synergies so that there can be diversification in the existing products. There is taken use of computer-aided design systems so that there can be easy selection of textures and colors (Schmid, 2007).There are basically three dimension on which Zara excels i.e. sourcing design and mix. The company always remain ahead of time with its efficiency and firm IT systems. From the knowledge perspectives the company is keeps a strict watch over the performance and the demand trends. This reduces delays and enhances rapid decision making. From the responsiveness point, the store managers have the authority to take decisions regarding product restocking as well as the local markets for setting up of prices. Issues in existing strategies The company is facing some issue related to the warehouse as one centralized system many a times occur as a barricade for the long term success. There are issues related to warehouse as the company does not have an adequate space for storing the products. Thus it is advisable tp company to have a new warehouse. The company is required to have a more warehouse for making the operations and functioning much smooth and fast. There is a need of one additional warehouse and that too in the market of South East Asia so that the markets can be served effectively (Palladino, 2010). Conclusion From this report it can be concluded that Zara is a global brand which has renowned presence across the globe. There are various positive strengths of the company which gives huge recognition and benefits to Zara. These includes the integrated supply chain, in-house production, managerial effectiveness etc. as the company works on a centralized system there is a need of slight change as the company must open a warehouse in South East Asia and to achieve extensive growth the company can take use of ecommerce activities such as innovation, mobile apps and great online presence. Various loyalty programs can also be started is that the customers can be retained. The cost leadership strategy must be in continuation so that the company can maintain its competitive benefits. References Bhardwaj, V., Eickman, M., Runyan, R. C. (2011). A case study on the internationalization process of a born-globalfashion retailer.The International Review of Retail, Distribution and Consumer Research,21(3), 293-307. Chi, T. (2015). Business Contingency, Strategy Formation, and Firm Performance: An Empirical Study of Chinese Apparel SMEs.Administrative Sciences,5(2), 27-45. Christopher, M. (2016).Logistics supply chain management. Pearson Higher Ed. Cortez, M. A., Tu, N. T., Van Anh, D., Ng, B. Z., Vegafria, E. (2014). Fast fashion quadrangle: An analysis.Academy of Marketing Studies Journal,18(1), 1. Ghemawat, P., Nueno, J. L., Dailey, M. (2003).ZARA: Fast fashion(pp. 11-20). Boston, MA: Harvard Business School. Kavvadia, H. (2012). International Trade And Business Practices: A Comparative Attempt In The Apparel Market. Lloyd, E., Chugh, G. Master of Business Administration Assignment Cover Sheet. Lloyd, M. T. D. E., Chugh, G., Portfolio, Z. 2.0 Current Zaras market situation. Mann, M. K., Byun, S. E. (2011). Assessment of five competitive forces of the Indian apparel retail industry: entry and expansion strategies for foreign retailers.Journal of textile and Apparel, Technology and Management,7(2). Matic, M., Vabale, V. (2015). Understanding internationalization patterns of Zara. Mazaira, A., Gonzalez, E., Avendao, R. (2003). The role of market orientation on company performance through the development of sustainable competitive advantage: the Inditex-Zara case.Marketing Intelligence Planning,21(4), 220-229. Palladino, A. P. (2010). Zara and Benetton: Comparison of two business models. Pilarczyk, B., Stefanska, ?. (2013). Generic types of competitive strategies in the polish retail industry. Pirone, C. (2010). Benetton and Zara information systems: a comparative analysis. Saranga, H., Moser, R. (2010). Performance evaluation of purchasing and supply management using value chain DEA approach.European Journal of Operational Research,207(1), 197-205. Schmid, V. (2007).Management-Report Karstadt. GRIN Verlag. Taken from Bhardwaj, V. BU1005 Business Relationships Assessment Case Study 2015/2016 Fast-fashion strategy: a case study on Zara. Turker, D., Altuntas, C. (2014). Sustainable supply chain management in the fast fashion industry: An analysis of corporate reports.European Management Journal,32(5), 837-849. Wang, C. L., Ahmed, P. K. (2007). Dynamic capabilities: A review and research agenda.International journal of management reviews,9(1), 31-51. Woo, H., Jin, B. (2014). Asian apparel brands Internationalization: the application of theories to the cases of Giordano and Uniqlo.Fashion and Textiles,1(1), 1-14. XXXXXX, E. The International Review of Retail.