Wednesday, February 26, 2020

Principles of Management Research Paper Example | Topics and Well Written Essays - 500 words

Principles of Management - Research Paper Example This essay stresses that  SOS has a global presence imbued within a local presence. One of the greatest successes of SOS villages has been its ability to adapt well to local conditions and customs. The local teams for SOS villages are composed based on four concerns which are mother, brothers and sisters, a house and a village. The contention is that children require a mother as well as brothers and sisters to support them. Children are broken down into manageable groups better known as families and each family is given a house in the SOS village. The mother of the family is usually a nanny or a paid volunteer. Multiple nannies in a village are responsible to the head of the village who is also responsible for overseeing all other local functions.From this paper it is clear that  the head of the village delegates other tasks such as the provision of food, clothing, education and managing finances to other officials reporting directly to them. Most members of the team are paid vol unteers who display a high level of integrity and ethical as well as moral behaviour. Roles and tasks are carried out in a relaxed atmosphere and there is not much difference of protocol between village heads and other team members. Most people in the team are kept together by personal motivation offered by the work as well as by management commitment to promoting work satisfaction.  Conflicts within the team are managed by dialogue alone and often conflicts are far and few in between.

Monday, February 10, 2020

MGMT 670- STRATEGIC MANAGEMENT Article Example | Topics and Well Written Essays - 1750 words

MGMT 670- STRATEGIC MANAGEMENT - Article Example It is a tool with a purpose to help an organization perform at its best, so strategic planning helps an organization to focus its energy and make sure that all members are working toward the same goals, to control whether the organization is going toward its goals in as straight manner as possible and to adjust the course for changes in internal and external circumstances. Strategic planning is thus an organized action to answer fundamental questions of what an organization is, what it does, why it does it in that way, and were it intends to be in the definite future. Strategic plan development is a process of answering a set of questions in a specific order to keep it focused and productive. (Porter, Michael E. , 1980) ) The planners must first examine current experience and situation, set and test assumptions to the best of their capabilities, they must obtain and include current information about the present and envision internal and external circumstances in which the organizatio n will be working in the future. Strategic planning involves preparing the best way to respond to changes in the environment, which are not known at the time of plan preparation, realistically, taking into account company’s resources and objectives. Strategic plan is a set of decisions of what to do, how to do it, and why to do it, in order of priority, meaning that it needs to set which decisions and actions are more important than others in order to reach the goals set. Strategic planing is a continuous process while strategic plan is a snapshot taken in various future points in time. Strategic planning is a tool of managing an organization just like hammer is a tool of reshaping a piece of metal into a horseshoe. Hammer does not make a horseshoe, a blacksmith does it applying his physical and mental power to it. In the same way manager uses strategic planning to lead an organization toward its desired goals. Strategical thinking is applied to strategical planning by manage ment to make it work for better performance of the organization. Strategic thinking is geared toward specific purpose of setting and achieving goals, being at all times mindful of internal and external circumstances that influence the purpose in order to creatively develop best responses to changes in those circumstances. The question that best supports strategic thinking would probably be: â€Å"Are we doing the right thing in the right way?†. If the answer becomes negative at any measurable moment corrective actions need to be taken. â€Å"Are we doing the right thing† would translate into measurable milestones toward set goals while â€Å"are we doing it the right way† would translate in being aligned with company’s mission, vision, values and objectives. (Porter, Michael E., 1980) For example, a fictitious merchant with a convoy of cargo ships and a goal of making the most income and reasonable profit in regular voyages from port to port from Shanghai , China via Sydney, Australia, Los Angeles, USA, Amsterdam, EU, Mumbai, India, Singapore,Singapore back to Shanghai China envisions that the company would capture 10% market share in trading commodities in each port. (Vancil, R.,1976) His objective is to make the biggest regularly modernized fleet that does not harm the