Thursday, October 31, 2019

Change Management In Organisations Essay Example | Topics and Well Written Essays - 2000 words

Change Management In Organisations - Essay Example All this makes us a number of fronts that any huge corporate has to tackle, with its given or potential resources. Therefore, the ability to rapidly and effectively settle in to all such environmental challenges is now perhaps a very crucial factor for the success of any organization in today’s world. As a consequence, the success of an organization is not just building upon a single competitive advantage which can be derived from its production techniques and facilities or its financial backing which gives it economies of scale or negotiating strength, but rather its ability to embrace the changes that are posed by the environment. An organization which can work on ideas that are not very conventional can deal with the new situations with enough flexibility and accommodate the changes and we can consider it to be perhaps one that can sustain growth over a longer period of time successfully. Need for a change: The need to adapt ‘change’ is critical all organizatio ns which aim towards sustainable growth. Although people are progressively becoming more and more aware of an urgent need for change, in most of the cases many significant organizational change initiatives actually fail to even meet minimum requirements and are therefore unable to deliver the desired results as expected by the change sponsors. As per few studies that have been carried out, it has been estimated that somewhere around 40% to70% of the total change initiatives in huge organizations have failed (Burnes, 2000). Activities that are pertinent to the implementation of ‘change’ in an organization should primarily focus on the changing motivations and the behaviors of organizational stakeholders. Fundamentally the human resources in view of the fact that they are the most vital assets that an organization possesses which can be leveraged for the improvement of organizational outcomes. Change needs to be properly managed. It cannot just be implemented in a single wave. A radical change can be highly risky and may turn out to be a big failure as the people affected by the change may backfire to resist it and leaving no future scope of attempting to bring even a gradual one. Change management can be defined as the preamble and administration of an initiative which is designed for â€Å"renewing an organization’s direction, structure, and capabilities to serve the ever-changing needs of external and internal customers† (Moran & Brightman, 2001). Motivation to Resist Change: Despite the critical need for change and the prospective positive results that are expected to be a by-product of the change, in most cases the internal customers i.e. the human resource are always highly motivated to challenge any changes to the status-quo. Negative reactions from the employee can be highly damaging for organizations. This is due to the fact that change initiatives are commonly associated with destructive effects such as employee withdrawals o r downsizing, lower levels of productivity and psychological pressures. Machines are made to work for long hours without compromising the accuracy and quality of work, for example. A change initiative to implement a new information system may

Tuesday, October 29, 2019

Strategic Evaluation of McDonalds Essay Example | Topics and Well Written Essays - 2500 words

Strategic Evaluation of McDonalds - Essay Example †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.13 Appendices †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...15 Executive summary Strategy is an essential component in the management of corporate and small enterprises in the current competitive business environment. This paper looks at the McDonalds in terms of evaluating the organization’s strategy. From a national giant in the early days, the company today boats of international presence in about 119 countries and in effect estimated to be serving over 40 million clients daily around the globe. The paper evaluates both the inner and peripheral environments in where the company functions through the use of various evaluation and analysis tools like: PESTEL, SWOT and Porter’s generic forces among others. All these sum up the company’s overall strategic position and what needs to be done to be able to counter the various challenges that it might face in the process of implementing strategy. Strategic Evaluation of McDonalds Introduction Strategy is an essential component of any organization that operates in a highly competitive industry or market. Strategic management can be classified into three broad categories (Lynch 2012). The first category defies the main aims of the organization and the formations it has developed to realize its objectives. The Subsequent category involves the identification of markets and exploring them in a way that guarantees competitiveness. The final classification involves the examination of the organization’s main objectives, purposes or goals and how it intends to achieve them through established frameworks. This paper will examine the various forms of strategic mo dels by using a multi national food service... The historical position of this company has been of great admiration to many upcoming businesses. This is a corporation that has risen from the mid 1950’s to become a valued player in the area of food service. The founder of the restaurant chains, Ray Kroc has an exceptional background and it is through hard work that this venture has become a household name (Waldron 2010). From a national giant in the early days, the company today boasts of international presence in about 119 countries and in effect estimated to be serving over 40 million clients daily around the globe (McDonalds 2012). In addition to this already massive statistics, the company has a net worth estimated to be around 25 billion US dollars. The company has been able to achieve this through properly formulated strategies and one of the organization’s strategies has been the development new dishes and favorite fast foods to suit new tastes. In addition, the corporation has been capable in infiltrating the market by largely using franchises that account for 80% of its operational stores (McDonalds 2012). To have a clear insight of how the company has been able to grow and the strategies it has employed, this paper will analyze the company by use of various strategy evaluation models. Strategic Analysis The approach used in the strategic analysis of the organization will be in terms of four main areas or components of strategy analysis that includes the purpose, external environmental analysis, internal resource analysis and strategic formulation.

Sunday, October 27, 2019

Competitive Advantage of a Construction Company

Competitive Advantage of a Construction Company Assume that you manage a company – ABC Construction, which your company has the  scale similar to YTL. By using 5 forces model (and any other analysis tools), access your  competitive advantage in the property development industry. For this question, assumptions are made to ABC Construction which has similar scale to YTL. However, to increase the competitiveness advantage of the company, I would also like to include other assumptions to ABC Construction. The assumption will be made based on the following: ABC Construction have other subsidiaries companies such as Cement Company and hotels. About the same historical years involving in the construction industry. Has been involved in overseas property development projects. Listed company in Bursa Malaysia and Tokyo Stock Exchange. Involve in the SoHo property development. For property development industry, the threat of new entrants to ABC Construction is low because the barriers to entry property industry is high. As it required huge capital to enter this industry to purchase land, machineries, tools, plants, other business and marketing activities. At this point, since ABC construction has about 60 years of experience in these industry, the threat of new entrants is relatively a minor problem which does not cause any competitive disadvantages to the company. The working capital for the company is already strong enough and very liquidity. Benefit from economies of scale in financial economies and economies of scope, as a big construction player with long history in the industry, ABC construction has increment efficiency, more trustworthy and can take these advantages by borrowing funds from bank at a lower interest rates compared to the other competitors. Lower interest rates, eventually provides bigger cash flow and generate greater profit return. This allow capital expansion such as can build more units of houses or properties with less input costs compare to smaller scale competitors which gets high interest rates in borrowing. Apart from that, ABC construction also able to provide product differentiation. Since the company has been involved in different types of businesses, the company able to apply its unique skills and resources to achieve better utilization of land, human capitals, more appealing design in development and innovation which then generate higher revenues and return in profit. Different design theme and concepts can be applied to produce differentiation such as branded luxury residential (8 Conlay-KSK LAND), private gates park concepts (Sentul Park- Sentul Raya Sdn Bhd), and natural elements to provide therapeutic lifestyles (Ecoworld- Eco World Development Sdn Bhd) with its strong working capital. ABC Construction able to spend a large sum of money in creating something new to attract their potential buyers. ABC construction able to convenience its potential customer by spending a great deal of money on advertising in the newspaper, radio, websites and television programmes. For example, E COWORLD has successful transform their company to a brand which attract customers to value their product and thus new entrance need more resource to overcome loyalties and leads to less profit or even losses. With its globally population and reputation, ABC Construction has an addition competitive advantages. The company can launch and sold their properties through distribution network either locally or internationally. The distribution channel for ABC construction will be high as it does not only involve actively in Malaysia, its subsidiaries company also involve actively in oversea projects in Singapore, Indonesia, England, Australia and China. This make the company has larger distribution channel compared to other competitors. In terms of bargaining power of suppliers, the main materials for construction are steel bars, formworks, concrete. The suppliers are not concentrated or differentiated. On the other hand, ABC Construction will have greater advantages compared to its competitors because the company has its own cement company and internet company. The company do not need to worry about the increase in price for the cement and the fluctuation of the supplies. The control of cement and concrete material is under its own supervision while on the other hand, other competitors has to worry about the bargaining power towards suppliers. Thus, the bargaining power of suppliers tend to be low, less threat to forward integration. Besides that, the company has been involved in other business sectors as well, thus they have greater bargaining power to the suppliers for the supplies of materials. Bank is also one of the important suppliers in the property industry, as they will decide whether to fund your project or at what interest is charged to the company. However, with the strong background of the company, this also would not be a big problem. Due to the buoyant economic growth of Malaysia and relatively low property values compared to other Asian country, the bargaining power of buyers in property industry tend to be low. Apart from that buyers for properties are mostly individual thus the pressure tend to be low. However, the increasing number of property in the industry, customer now do possess a threat of integrating backward. According to The Star Online on 16 August 2014, Malaysian property market is consolidating because of the slower growth and the oversupply of high-rise condominium units (Toh Then, 2015). The property of transaction in Klang Valley for 2014 appear to be drop by 36.24% compared to 2013 (Thean, 2015). Besides that, with the implementation of GST, buyers are now tend to be more careful in their spending. Even though the new implemented GST is not included in the residential properties but a comparison done by loan street shows there is a 3.41% increase in price for new residential properties post-GS T implementation (Loan street, 2015). As these scenario happened, the buyers now tend to have more bargaining power. The second rules of thumb for demand and supply stated that if demand decreases supply remains unchanged, leads to a lower price. Buyer now will look for higher quality, greater services at better price. However, property developers are always smart, to secure their profit margin, lower the property’s price tactic will not be used. They will either decrease the size of the property to meet the affordable price of the buyers and also input much more supplementary benefit to increase the sales during down time, ABC Construction can input much more other supplementary benefit to push the sales such as exclude or lower the payment for sell and purchase agreement, offered other services such free installation of wireless broadband services for a certain period for the buyers. Threat of substitute products will be Small Office Home Office (SOHO), Small Office Flexible Office (SOFO) and Small Office Versatile Office (SOVO). This type of property trend had been growing lately but still not so favourable in Malaysia due to issues like it is commercial property where housing loan interest rate, utilities, maintenance and others will based on commercial rate. Thus, the threat of substitute are low. Besides that, ABC construction also involve in the SoHo property development other than residential and commercial property development which means ABC Construction has diverse it development into different field which not only one of the competitive advantages also minimise the threat of substitute. The competitive on rivalry among existing firms will be high. As there are a lot of big players in the property industries such as Sunway Bhd, SP Setia Bhd Group, Sime Darby Property Bhd, Mah Sing Group Bhd, IOI Properties Group Bhd and many others developers. However, due to the diverse investment in different field other than construction industry, ABC construction has lower exit barriers compared to others competitors in the property industry which make them at competitive advantages. It can diverse it resources to other related field such as hotel industry, manufacturing industry and infrastructure industry given that the company cannot cope with the high competitive pressure scenario in property industry.

Friday, October 25, 2019

Essay --

Williams 1 Michael R. Williams Jr. Ms. White English 3 14 October 2013 The Illuminati Did you know that the Illuminati originated around the 1760s. A Freemason named Adam Weishaupt started it all by himself. The Illuminati’s ultimate goal is to make the world all one big government and one big religion (religion is allegedly known to be Scientific). The hopes were for the borders around each country, state, et cetera to be diminished. They have been pursuing their goal since the French Revolution. The ‘International Bankers’ helped finance the Illuminati so they could start the path iwhich was their main goal. (Ellis-Christensen) The Illuminati was credited for weakening the British and French Empire, which was their first step in their plan that was written in the 1770s (Ellis-Christensen). In the 1780s the Bavarian Government found out about the Illuminati and the government forced the Illuminati to â€Å"stop† what they were doing. But the Illuminati continued doing their strategic plan(s) by going under different aliases; so the Bavarian Government wouldn’t catch them again. By doing so and still continuing their plans, the Illuminati acclaimed to have taken complete control over the European Government, they were helped once again by their alliance the International Bankers, to succeed at doing this. (Wallace) Williams 2 The Illuminati was supposedly the cause of the â€Å"Congress of Vienna† which was formed to still make the world a one-world government. But the attempt was a failure due to Russia not agreeing, so it never happened. A director by the name of Karl Marx created an idea to divide races up into different camps to brainwash them. Once everybody was brainwashed the idea was for the different races to fight each... ...er think. The one world government and religion may just happen, but we won’t know until it happens--if it happens. Certain people can join it, but can you leave? The outside public will never know, we just have to go off assumptions on what happens within the Illuminati. If you leave you might just have to die, but you never know you might be able to just leave? People ask why I would choose this topic, because it’s a very controversial topic to do and it would come with criticism. Even though it is a topic that’s surrounded around controversy it’s a great topic to choose and talk about. People just fear what they don’t understand and a lot of people don’t understand the Illuminati--so that’s why they fear it and rather avoid anything dealing with it. The Illuminati has a long history dating back to year 1784, and it’s still continuing on until this day.

Thursday, October 24, 2019

50 Cent Curtis Jackson Critical Essay

Curtis James Jackson, known worldwide as 50 Cent, is one of the most successful rappers of his time. He has produced many hits as a singer, and one of his greatest hits is Many Men. The song was produced in 2003 in the album, Get Rich or Die Tryin. 50 Cent wrote Many Men after he was caught in a shooting where he was shot nine times from his hand, legs, and his chest. He miraculously survived the shooting. Once recovered from the shooting was when 50 Cent decided to write one of the greatest hits of all time that he has ever produced. The song shows a lot of emotion since it was about the shooting that almost took his life away. He talks about how a lot of people wish death against him when he’s trying to accomplish and succeed in life as a rapper. The reason why 50 Cent wrote this song was to express himself how he felt about the fact that people wanted him dead and actually tried to take his life away. The song starts off by saying, â€Å"Many men, wish death upon me blood in my eye dawg and I can’t see I’m trying to be what I’m destined to be And niggaz trying to take my life away† (Jackson). This quote explains the distress in 50 Cent’s voice by saying these lyrics. This quote means a lot, 50 Cent lets us know that many people wish he was dead, he also reflects to the night of the shooting with the blood in his eye, and how he’s trying to become a rapper and succeed and become famous while people are trying to take his life away. Those couple of lines shows a lot of where 50 Cent comes from. As a young boy he had a very hard lifestyle, dealing drugs and robberies were part of his daily routine as he would make a living. Working on music really helped straighten him up as he focused on becoming a name in the rap industry and getting away from the drug business. There were a lot of people that had hate on 50 Cent, which led to the shooting that night and which was meant to take his life away. The beat to the song goes really well to the flow of the lyrics, and makes the listeners really get zoned in to the song and to what message he’s trying to say in it. The chorus talks about people wishing death upon him and how he doesn’t cry anymore and doesn’t look up to the sky anymore, and for the lord to have mercy on him. He makes the readers feel the pain he went through and the pain he still goes through being 50 Cent. Being rich and famous like 50 Cent doesn’t mean you have everything made for you. Having a substantial amount of fame can sometimes lead to trouble, as we saw with the accident with 50 Cent. In the chorus it says, â€Å"Many men, many, many, many, many men Wish death ‘pon me Lord I don’t cry no more Don’t look to the sky no more Have mercy on me Have mercy on my soul Somewhere my heart turned cold† (Jackson). By 50 Cent saying this, you can easily comprehend the pain he was in and the damage that will always be there with him, both physically and mentally, for the rest of his life. The beginning of the song starts off with 50 Cent and a friend talking to each other. You can then hear a car racing towards them and braking really hard, and then you hear the shots being fired. He does this to reflect back to the shooting. By doing this he lets people know what this song was meant for and why he made it. Even though it was a horrific scene, he reflects on it to show people what he’s all about and how he came back from it. The lyrics for this song come from his bottom of his heart. He expresses himself in a very unique way, something not every rapper can do. The fact that he sings about his life gives the song more meaning to it, especially since it was about him in the brink of losing his life. One of the verses that stand out the most in the song says, â€Å"Are you illiterate nigga? You can’t read between the lines In the bible it says, ‘what goes around, comes around’ Almost shot me, three weeks later he got shot down Now it’s clear that I’m here, for a real reason ‘Cause he got hit like I got hit, but he ain’t fucking breathing† (Jackson). This verse really stands out in this song. He starts off by calling out the guy who shot him saying if he’s an â€Å"illiterate nigga†, and then referring to the bible in a very straight forward manner. He then refers to the guy shooting him and how three weeks later he got shot, so that’s how the bible line comes to play. He then says how the guy got shot just like he did but the shooter actually died unlike 50 Cent, that’s how he knows he’s meant to be in this world and things happen for a reason. By referring to the bible in that verse, it shows how 50 Cent is close to God and that he has a relationship with him. He uses another line in his song that refers to God and he says, â€Å"Every night I talk to god, but he don’t say nothing back I know he protecting me, but I still stay with my gat†. Once again this shows how he has a relationship with God. Mentioning God in a song must be really special for him. Even though he says how he knows he’s being protected by God, the line after that means that he still carries a gun with him. This shows how the incident really got to him to the point where he needs to carry a gun with him to feel safe even though he knows God is protecting him and by his side. Overall the song Many Men in the album Get Rich or Die Trying was an absolute success. 50 Cent expresses his feelings in a very unique way to the people about an incident that almost took his life away. As we may know now, 50 Cent is in this world for a reason. He would always be remembered as one of the greatest rappers of all time and for the name that he made for himself. Like he says in his song, â€Å"You can call me the Don†.

Wednesday, October 23, 2019

The Renaissance Person – Henry VIII – by Casey Krol

The Renaissance â€Å"Person† Henry VIII is a Renaissance person, due to his intellectual intelligence of several subjects and profound skills. The Renaissance was a cultural movement the took place from the fourteenth to seventeenth century, that saw a revival in learning, architecture, literature, and classical art (Henry VI†). Henry VIII was a Renaissance person as he was very had various contributions in literature and cartography, and was intelligent in several subjects. In addition, he also contributed greatly through elisions, military, and political ways to England.Henry VIII founded a new religion, improved a Navy to the point of dominance, and enforced a imperialism policy. As a result, throughout Henry Vic's reign as King from 1509 to his death in 1547, he passed many laws and policies witch had great influence on the shaping of England to the nation it is today (Hutting). Henry VIII demonstrated many characteristics off Renaissance person. Henry VIII wrote bo oks, composed music and was a passionate patron of the arts (Henry VI'). Henry VIII is the author of a book called â€Å"Assertion Septet Sacramento†, which attacked Martin Luther and supported the Roman Catholic Church.As a result of this publication, Henry VIII received the title â€Å"Defender of Faith† by Pope Leo X (Hutting). In addition, he was educated in the classics, being fluent in Latin and French, along with knowledge in Spanish, Italian and Greek. Along with those qualities he was also a highly skilled musician, mathematician, architect, and a ship designer. Henry VIII was also a cartographer and was responsible for the start of English map making Coffee). Besides being a strong and ruthless ruler, his intellect helped him accomplish many f his goals throughout his reign as king.In the vast accomplishments of Henry VIII, he had a major influence on religion in England. First of all, Henry VIII established the Church of England in 1534, and became the supre me head when he passed the Act of Supremacy (Palmer 22). The trigger to the reformation was the refusal of a annulment by the Pope, for the marriage between Henry VIII and Catherine (Palmer 96). To further separate the relationship between king and pope, and set the foundations of the emerging Church of England, Henry VIII pasted numerous statutes. Such as the Submission of theClergy, which gave the King supremacy over the church. In addition the Treason Act of 1 534 enforced the belief the King was the head of state, and if refused could be punishable by death (Henry VI†). Additionally Henry VIII was the first English Monarch to approve the translation of the Bible into English (Hutting). Which is significant, as it allowed the people of England to read the Bible for themselves, especially if they did not know how to read Latin. To sum it up, Henry VIII was a great leader and still has millions of people following the Anglican religion he founded.An equally significant aspect of Henrys reign as king is the political influence he had on England. He added imperial concepts to the natural feudal concepts of Kingship. Which basically resulted in a policy which England would extended it's power through diplomacy or military force(Henry VIII Accomplishments). Which proved significant throughout England's history and their colonization of the world. On the other hand the Act of Appeals in 1 533 helped the constitutional development of England. This act made all religious or other appeals that would usually go to thePope, directed to the King in any English land. Henry VIII also decreased the power of thou nobles, and increased the power of Parliament and the monarchy (Hutting). As a result of Henry VIII reign as king, he set policies that would influence England greatly in the future, in the aspect of the current day parliament and imperialism. Military accomplishments of Henry VIII are far from few. First of all, he is known as the â€Å"Father of the Navy', as the English Navy grew in numbers and power over his reign. As the number of royal warships Jumped form five to fifty ships.The first naval sock in Britain was built in Portsmouth, along with the establishment of the Navy Board, in 1546. This greatly contributed to England's future exploration and colonization of the world, through dominance of the sea (Hutting). Henry VIII also began wars with France and Scotland, seeing a English victory over Scotland in the battle of Flooded in 1513. He also created several coastal fortresses in 1540, which improved the defense of the invasion prone island (Henry VIII Accomplishments). Throughout these accomplishments in the military aspect, Henry VIII helped stimulate the idea of nationalistic pride Coffee).In conclusion, Henry VIII was a Renaissance person due to his contributions to England's politics, military, and religion, along with his personal intellect in different subjects. He is known as the â€Å"father of the Navy' as he bolster ed England's forces to a level of world best (Hutting). He also became the head of the Church of England, and founder of the Anglican Church. He also set a sense of nationalistic pride through wars and installed the imperialism policy which benefited England throughout history Coffee). As a result, King Henry VIII became one of the most known and expected Renaissance people of all time.