Thursday, February 27, 2020

HRM Assignment 2 Essay Example | Topics and Well Written Essays - 2000 words

HRM Assignment 2 - Essay Example The study has described various internal and external forces which influence organisations to change. It has further discussed about different resistances to change management and the consequences of failing to the organisational changes. Therefore, a particular change management model has been elaborated to recommend different ways of managing resistances. A typical organisation generally faces a number of forces which influences their organisational changes. These forces can generate from different external sources as well as internal sources of the organisation (Harsh, 2011). Internal forces for change generally come from the different operations of any organisation. Different kind of internal forces for change can generate from managerial behaviours and human resources problems (Harsh, 2011). a) Managerial behaviour: Excessive conflict and disagreement within a team and their manager is a sign for the requirement of change. This type of team needs to undergo interpersonal skill trainings. The team members as well as their superiors need to be relocated to different departments to reduce the conflict (Harsh, 2011). B) Human resources problems: This kind of problem generally initiates from the differences between organisational and individual desires and expectations. Differences between the expectations of management and employees can cause dissatisfaction within the employees which further results in higher turnover rate and absenteeism (Armenakis and Bedeian, 1999). Changes in career design are required in this kind of situation to minimize the role conflict and ambiguity within the employees (Harsh, 2011). There are mainly four external forces which influence the need of change in any organisation such as demographic characteristics, market changes, pressures from political and social issues and technological advancement (Harsh, 2011). a) Demographic characteristics: A huge section of

Tuesday, February 11, 2020

Marketing and strategy Article Example | Topics and Well Written Essays - 1250 words

Marketing and strategy - Article Example The key learning's of the study include an explanation and discussion of six variations of a basic value curve model that has worked successfully for leading companies in various industry segments including Home Depot, Quicken, Polo Ralph Lauren, Bloomberg, Borders Books and Barnes & Nobel, Starbucks, and others. These "value innovation" models include looking at competitive boundaries from differing perspectives such as: across diverse industries; from a variety of strategic groups within industries; evaluating the full chain of customers within an industry; looking at the relationship of products and services; evaluating the fundamental customer appeal of products and services; and utilizing perspective over time (Kim & Mauborgne 1999). The approach identifies and graphs the relative value level of certain key elements specific to an industry including product, service, and delivery components. As the scope of business drivers evolves, it includes a complex array of socio-economic, political, environmental and other factors, including the complexity of application of the model the ability to measure the contribution to value. The model becomes a study of business variables that can be addressed or influenced by specific methodologies designed to provide a unique value proposition in a specific business environment. In relation to this proposal, the recommendation for a new value curve model specific to Norwich Business School is based on creating new market space (increased market share) without regard to the traditional limiting parameters typically used in competitive analysis. This proposed value curve model for Norwich will look at such components as cost, time requirements, access, innovative curriculum targeted to specific needs, and the value proposition of the acquired degree. Selection of these elements and the subsequent emphasis placed in relationship to the rel ative level, are established from parametric data, traditional business theory, innovative strategic planning sessions, consumer surveys, and traditional competitive analysis. These activities are supplemented with research of best practices of successful or complimentary companies in the field of education. In combination the value curve model provides a compelling agenda to contribute incremental educational value. This effort is supplemented by a focus on the discipline of critical thinking, and on an approach to the study that encourages implementation and application. In short, apply concepts proven in traditional business analysis to the learning process without preconditioned biases. Theoretical Understanding In evaluation of the various "value curve" models there is a clear communication of the problem and the approach to value proposition modeling. The several examples and associated value curve models are based on individual case studies of successful companies in diverse industry segments. Identification and explanation of the four step concept used to develop the value curve include the theory of asking questions associated with the effort to focus on new value. The questions deal specifically with the ability to reduce below industry standards, eliminate unnecessary standards, create new industry standards, and raise industry standards as appropriate. These four factors assist in the creation of a new look at value components. Incremental data points are established with a review of successful com