Strategic Initiative Paper Essay Example | Topics and Well Written Essays - 250 words

Strategic Initiative Paper - Essay Example The higher current ratio than that of the industry implies that the company was able to improve its current assets, and reduce its current liabilities compared with the history of the industry. The company’s cash ratio remained relatively stable with other ratios recorded by companies in this industry at 0.3 (30%). This shows that the management was in a position to manage its cash assets and liabilities well, maintaining an equivalent ratio with that of the industry (Air investor 2014: A special supplement, 2014). The company’s operating margin ratio remained relatively stable at 0.08 (8%) compared with that of the industry which was recorded at 0.78 (7.8%). The stable operating margin meant that the company was able to generate enough income from sales that have aided the company’s business. The company’s profit margin ratio was recorded at 0.05 (5%) for the year 2012 and 2013 compared with that of the industry which was a little lower at 0.04 (4%) (2013 world airline report, 2013). This relatively higher profit margin shows that the company was able to gather reliable income from

The significance of empowerment and partnerships within the purview of Essay

The significance of empowerment and partnerships within the purview of the Social Work practice - Essay Example Also I will review the code of ethics and its impact on the practice of Social Work. Through the use of various literatures, I will examine the use of skills and values in Social Work practice as it affects service users, carers and other professionals. The Social Work profession promotes social change, problem solving in human relationships and the empowerment and liberation of people to enhance well-being. Utilising theories of human behaviour and social systems, Social Work intervenes at the points where people interact with their environments. Principles of human rights and social justice are fundamental to Social Work. (Bolton, 2003:2). It applies to Social Work practitioners and educators in every region and country in the world. In a similar vein, Wikipedia Encyclopedia (2006) states that a Social Worker is a "professionally trained person employed in the administration of charity, social service, welfare, and poverty agencies, advocacy, or religious outreach programs". Social Workers are employed by health agencies or just work voluntarily with communities; however a large number of Social Workers are employed by the government. I. Child, family, and school social workers: these are the workers who find foster homes for abused or neglected children. They also provide assistance to parents teaching them how to care for their children better. Most Social Workers in schools work as 'guidance counsellors' and offer students and teachers advice about learning, behavior and social problems, like bullying or shyness. II. Medical and public health Social Workers: these are the Social Workers who work in the health sector directly or indirectly helping people who are sick or who have had health problems for a long period of time. They give advice families about how to deal with their sick. III. Mental health and substance abuse Social Workers: clinical social workers as they sometimes called help people who are challenged with mental illness, upset feelings, or drug or alcohol abuse. They organize sessions involving talking- therapy with people in order to identify their problems and teach classes about how to make a budget, deal with anger, or get other life skills. No matter their focus, most Social Workers spend the day in an office and some are volunteers who have their own businesses or hold other job but have a passion for the work. Skills in Social Work. A skill is defined as the "ability to do something well and is usually gained through training or experience" (Encarta, 2005). Skills in Social Work can therefore be described as the relevant experience or ability needed to perform the functions of the profession. In her book Social skills, author Pamela Trevithick (2000) writes that "skills can be used in practice to enhance effectiveness and help

Hard factors of TQM implementation in the Project division at GASCO Essay

Hard factors of TQM implementation in the Project division at GASCO - Essay Example Proper implementation of the procedure IP-PR-021 would offer solutions to this problem. The CTN format does not have provisions for the history of the CTN. As a result, the CTN goes through the approval process of the GASCO shareholders without their knowledge of the history of the CTN in the firm. They need adequate knowledge on the importance of CTN, in order to determine whether it is worth the budgetary allocations. Modifying the formats of the CTN to would include its history would provide adequate knowledge. Since there is no analysis of the main cause of CTN, there is a wrong evaluation of the KPI. The main factor put into consideration when evaluating KPI is CTN. Therefore, understanding the causes of CTN in the organization would help in preventing their occurrence in future. This is however possible if there was a proper procedure of solving the CTN put in place. GASCO, while calculating the average KPI does so division wise. This omits the evaluation of the actual performa nce in each department. There is however a high likelihood of some of the departments doing very well, while others have poor performances. There is however no reflection of this in the KPI. Applying KPI at the department level would solve this problem. Finally, there is poor and low communication of the KPI to the engineer’s level. This makes information flow in this level inadequate. As a solution, proper communication of the KPI to all parties would solve all communication problems available. Research questions With reference to the hard factors of TQM, this research will try to establish how effectively GASCO utilizes these factors to achieve organizational performance. How efficiently does GASCO use TQM in achieving its organizational goals? To what extent does GASCO staff exhibit high quality standards in serving their customers? How effectively does GASCO as an organization use TQM in managing its projects? What is the overall impact of TQM in satisfactorily serving cu stomers at GASCO? To what extent does GASCO use TQM in its Business Support Activities? Objectives of the report TQM, being an important element in achieving organizational performance, contributes to the achievement of organizational goals and objectives (Salaheldin 2009, p. 216). The main objective of this report is establishing the extent to which TQM contributes to organizational performance, with reference to GASCO. Further, since there are two types of TQM, the soft factors and the hard factors, this report hopes to establish the impact of proper use and application of the hard factors in an organizational setting. Finally, it will establish whether there is any relationship between proper maintenance of QMS, relative to GASCO QMS. Aims of the report The main aim of this report is to establish whether GASCO has QMS and the impact that hard TQM factors have on the overall performance of the organization. Data analysis The time taken by employees in assessing resources significa ntly determines their output (Grover, et al. 2006, p. 450-458). Subsequently, this determines the overall organizational performance. The longer an employee takes while assessing resources; the lower is their level of productivity. According to data obtained, 11 respondents agreed that the period it takes for an employee to access resources was good. This positively contributes to overall organizat

Identification & Exploration of designated dimensions and impacts of Essay

Identification & Exploration of designated dimensions and impacts of the Millennium Centre, Cardiff, UK - Essay Example le region cannot be denied as the number of visitors has significantly increased due to the events (athletic, cultural, educational, artistic) that are organized in the Centre on a daily basis. Current paper examines the effects of the Centre’s creation on the socio-cultural, political and economic environment. The effects on the natural environment are also being examined in order to formulate a more complete assumption regarding the role of the Centre in the whole Wales region and the specific gains for the local society. Cardiff is one of Europes youngest capital cities but the history of the city dates back over 2000 years to Roman times. Today Cardiff is a vibrant, multi-cultural centre for education, business, sport and the arts. There has been extensive redevelopment in Cardiff over the past two decades but the city has managed to retain much of its style and architecture. The city is lively, confident and cosmopolitan with a good quality of life and a distinctive character. Located in the east of Wales, Cardiff is a very accessible city and has good road, rail and air links. The town is only 2 hours travel from London using the hourly high-speed train service [1]. The location of the town is being offered for the deduction of commerce and other financial activities as well as for the enhancement of the cultural level of the whole region as it can be considered as the most accessible town of the region. As a result any interested individual can access a specific cultural event easily, a fact tha t has led to the increase of the athletic, educational and all cultural activities in town mostly the last years. More specifically, the population of the town is around 300,000, which grows by 100,000 on "Big Event" occasions. For this reason the local accommodation offered to visitors has been located around the important cultural centres of the town which are the following: the Millenium Stadium (Rugby, Football, Speedway & Concerts), Sophia Gardens (Cricket),

Creation Of A High Performing Organization Essay

Creation Of A High Performing Organization - Essay Example Firstly it is expected that creation of new work structures necessarily means re-designing of jobs with new roles and responsibilities. This resistance might arise from employees towards acquiring new skills and expertise. It is difficult to impart new knowledge and skills in employees once they are settled in a particular skill and have gained expertise and comfort in the same (Wanberg & Banas, 2000, p.132).Secondly, organization restructuring would also include reducing the workforce or employee downsizing. This would necessarily instill insecurity and negative apprehensions among employees. Employees would definitely resist the change because they would not want to lose their jobs or their co-workers. This would spread de-motivation which would consequently lead to reduce productivity and performance. Moreover, it could also result in high employee turnovers out of insecurity, instability, and apprehensions. The idea to create a high performing organization could be realized by mo nitoring employee performance at all stages. This would be done by using the performance management system. Emphasis on performance would create a competitive culture in the organization in which each one would try to excel from the other. This would reduce interdependence, cooperation, and efforts to help one another. There could also be fall in group activities and team work eventually leading to conflict, disagreement, and clashes.However, against all resistance to change initiatives, there could also be some drivers of the change process.

Q4 Essay Example | Topics and Well Written Essays - 250 words

Q4 - Essay Example Continual improvement can also be added as a basic tenet of TQM concept. This particular principle denotes that improvement of the company in terms of quality as well as quantity should be a continuous process. It is worth mentioning in this context that the sole intention of TQM is to obtain efficiency in managing both quality and quantity with equal importance. The key notion considered in this regard, signifies that balance between quality and quantity is vital to attract customers at an increasing rate and also preserve customer loyalty for a longer time-period. Owing to such significance of TQM, the inferences drawn through this framework must essentially be reliable. This constitutes another basic tenet of TQM, where matrices are required to be used to draw inferences and justify strategies for maintaining a balance between quality and quantity prospects. Last but not the least; managerial leadership practices within the organization also play a major influencing role in contri buting towards the effectiveness of the TQM strategies applied (Reynolds,

Characteristic of management Essay Example for Free

Characteristic of management Essay With the progress of history, the definition, content, method and characteristic of management is in constant development. The history of management theory and idea is evolving. Between the twentieth century and twenty first century, the environment of management has been changed from stable and predictable to unending changeable. According to Kiechel’s (2012) theory, with the definite law, principle and regulation, management belong to a real science system. In this essay, two topics will be discussed. The first one is management theories and ideas have changed over time with two factors which are the transformation of labor were treated from machine to human and the connection between organization and external environment. The second one is the three most important differences between now and then. The three differences are increasingly fierce competition, personalized customer demand and how to improve competitiveness. The development of management theory and practice are closely related. Management theory is based on the understanding of management system and frame after summarized the experience from the accumulation management. However, this understanding also leads to the management practice. First of all, the transformation of labor were treated from machine to human is one factor. After the mid nineteen twenties the human relations theory and behavior management theory began to pay attention to human has many special factors different from the objects. On the human factor, first of all should be attributed to Mayo and his in the test of Hawthorne factory. Hawthorne test is a management test of Mayo by Hawthorne telephone factory which belong to Western Electric Company in the United States. Testing began in 1924 and Mayo conducted a series of surveys, tests and interviews. After that, the summary from Mayo (1933) of human psychological factors and social factors has great impact on the production efficiency. The staff is social person; they need social psychology rather than simply the pursuit of income and material. Therefore, the managers of the enterprise should not only focus on the technical and economic factors of management, but also improve labor  productivity from the social and psychological aspects to encourage workers. Volberda (2012) has said that expect formal organization, there are some informal ones. Informal organization is spontaneous formation by nature from the people contact. However, people’s behavior from the informal organization is always following the emotional logic character decides relationship. The external environment become connects to organization. Some of manager’s work on employees by coerces punishment and fire to increase the stress of them. The strict supervision and control mode to staff actually reflected in Taylors scientific management service and the traditional management mode. The others the others has concept of management that will be advocated management method which is people oriented by human, tolerant, democratic in management behavior. The objectives of the organization are combined individual objectives well and create favorable conditions for employees to develop the wisdom and potential. Then, there are three most important differences between now and then which increasingly fierce competitions, personalized customer demand and how to improve competitiveness. Firstly, with the liberalization policy, business globalization and capital operation mode, the regional and industry boundaries were abolished which makes the competition more intense. That leads to the difference by increasingly fierce competitions. With the opinion of Parker (2005), a long time ago, the research which based on strategic alliances and joined ventures was found. Cooperation and competition were founded to be a virtue and he analysis that competition is good to become to cooperation which is a good idea from the growing global economic. Secondly, Customers become the dominant force in the market by the expansion of product pile up in excessive requirement and income gap which leads to customer demand for personalized. Abrahamson (1966) suggested that, change is a global effect; the customer is more sensitive on the quality of the product or service. Managers should seek a new technology to help them handle new conditions which is the performance gap caused by environmental changes. Finally, with the widely used of the development of science and technology and information technology, lots of things could be done which may not be done easily. So the traditional management mode faces the enormous challenge. Moreover, by Rodrigues(2001)’ theory, the development of effective management skills to deal with specific problems and challenges of each organization in the global competitive environment is to make a frame work. The urgent need of many enterprises and organizations are rapid changes in technology and the environment. Today, the new trend of training and development organizations around the world are dealt within their own organization. In order to achieve networked, flat, flexible, effective development skills, specific challenges different new organizations of their mission and objectives of the organizations all over the word. Effective management skills help people and organizations to improve its effectiveness and efficiency. The rapid development of globalization and technology shows that we are in fierce competition. Proper management is crucial to the complex environment. The quality manager and effective management style can determine the organizational culture with productive employees and ultimately, success or failure. Managers should encourage, guide, supervise, motivate employee and coordination capacity to promote action and guide change his leadership and other training manager. Management and utilization planning, organization and communication skills are important leadership, more in quality such as integrity, honesty, courage, commitment, sincerity, enthusiasm, determination, compassion and sensitivity. In conclusion, management theories and ideas have changed over time with two factors which are the transformation of labor were treated from machine to human and the connection between organization and external environment. At the same time, there are three most important differences between now and then. The three differences are increasingly fierce competition, personalized customer demand and how to improve competitiveness. Twenty first Century for humans is a new age, we need according to the new rules to face and the formation of new rules depends on innovation which is the foundation of learning. Finally, Learning and innovation is the key in twenty first Century to deal with the environmental change. Reference 1.Abrahamson, E. (1996). Management fashion. Academy of Management Review, 21, 1, 245-285. 2. Parker, L. D., Ritson, P. (2005). Fads, stereotypes and management gurus: Fayol and Follett today. Management Decision, 43, 10, 1335-57. 3. Kiechel, W. (2012). The management century. Harvard Business Review, 90, 11, 62-75. 4. Rodrigues, C. A. (2001). Fayols 14 principles of management then and now: A framework for managing todays organizations effectively. Management Decision, 39, 10, 880-889. 5. Mayo,G.E. (1933). The Human Problems of an Industrialized Civilization, 25,3, 33-45. 6. Volberda, H. (2012). Contingency Fit, Institutional Fit, and Firm Performance: A Metafit Approach to Organization-Environment Relationships. Organization science, 23, 4, 1040 -1055.