Employee Strengths And Decision Making Strategies

Employee Strengths in Decision Making Strategies Different individuals in a work environment possess various unique strengths which can be applied in making effective work related decisions. Participating in the Strengths Finder Test would therefore help employees to identify what they are good at and how they can use it for the benefit of the company. This paper will focus on developing a training tool that can be used by the management to coach the employees on how to use their unique strengths in making decisions. Some of the strengths that individual employees may possess include flexibility, creativity, teamwork, communication and interpersonal skills, dependability and leadership among others. Each strengths listed above play a†¦show more content†¦Decision making process depends on the trust build between members of the team. In the absence of trust, members will always be suspicious of decisions or suggestions made by other members of the team resulting to challenges in making sound business decisions. Teamwork and creativity among employees also play a major role in the decision making process. To begin with teamwork, members ought to be in unison and direct all their efforts, knowledge and skills towards achieving specific goals set by management. The process of bringing this team together involves various business decisions which require teamwork. All members of the team for instance should agree to work together in order to form an effective team. The success of the team will also be pinned on the creativity and innovative abilities of the individual members forming the team (Phillips Gully, 2013). The modern business environment is very dynamic and therefore requires a creative and innovative team to make the complex decisions in the dynamic environment. It is therefore clear that the personal strength of each employee in a modern work environment plays major role in the decision making process. Managers have a role to play in developing their employees to utilize their strengths in decision making processes. Their role involves providing a conducive environment in the work places for employees to use their strengths to develop courses of action that solve a variety of the managementShow MoreRelatedHRM - Best Practices and RBV1107 Words   |  5 PagesNB: Look at how the weaknesses of one model can be fixed by another model. BEST PRACTICE MODELS INTRODUCTION Due to the ever increasing rivalry between organisations, managers have been forced to develop strategies to allow them to compete in the competitive business environment and to provide the organization with a sustainable competitive advantage. This is where HRM, and the topic of best practice models appear. WHAT IS BEST PRACTICE MODELS? 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Analysis Of The Film Paris Is Burning - 1628 Words

After the Civil Rights Movement, negative attitudes towards black people had a lessened; however there was still some racial tension nationwide. Racism, the disease that plagued this country (and still does today) was not gone in addition to that, other issues plagued America. The fruits of the labor of the Civil rights movement was not reaped by all of Black America. There was an omission of queer* black Americans when it came to who got the benefits that came from the Civil Rights movement. The film â€Å"Paris Is Burning† illustrates one of the ways how gay black men and gender nonconforming black people were able to survive in a largely homophobic black America. Despite the sense of unity that was gained from the Civil Rights, Black america created a divide between them and black members of the LGBT community. From the anecdotes given by the individuals in the film, Black America was certainly not welcoming to black lgbt people. In order to survive and cope with their alie nation from the black community, queer black men had created safe spaces where they could really live and be their authentic selves without having to face rejection and/or risking their personal safety. From these safe spaces emerged a new culture. â€Å"Paris Is Burning† explores the main safe space that black gay men created for themselves: the â€Å"ballroom†. It also looks at the culture that grew out that space. Many individuals in the film mention that they were kicked out of their homes upon coming out orShow MoreRelatedThe Cultural Identity Of The African American Community1653 Words   |  7 Pageshistories. But, like everything which is historical they undergo constant transformation.† (Hall, 225). 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Operations Management Vodafone Telecommunication Company

Question: Discuss about theOperations Management for Vodafone Telecommunication Company. Answer: Introduction The concepts of operational management help in revealing the management processes of internal work processes concerning the production of goods along with the distribution of the services. Vodafone Telecommunication Corporation is one of the leading telecommunication companies throughout the different countries of the world (Vodafone.com, 2016). The company is engaged in providing a high quality of services to all its customers and the primary aim of the firm is to provide unmatched services to all its customers. This research paper will explain the distinction between the services and the goods along with the concepts of the operations management (Armstrong, 2014). There are five of the crucial performance objectives which need to be identified in order to enhance the performance standard of an organization. The four Vs of operation management helps in providing the desired competitive avenge to the concerned organization and therefore its evaluation becomes very significant. Thus, the role of the performance objectives is of great importance as it provides he desired way for enhancing the performance of the team. The inventory management process along with the quality of the goods and the services offered to the customers. Operations Management The operation management mainly refers to the supervision of the business processes as to develop the highest level of the efficiency and effectiveness possible within a particular firm (Baker and Filbeck, 2013). It is basically the desired activities that are required to carry out the entire business process of the firm. There exists a crucial difference between the goods along with the services and in order to enhance the management of the entire operations there needs to be an improvement in the services delivered to the concerned customers. Vodafone is one of the leading telecommunication companies which are offering good quality of products along with the efficient services (Ballester-Bolinches, Esteban-Romero and Asaad, 2010). The company is engaged in offering various types of products such as messaging facilities, internet facilities and calling facilities throughout different countries of the world but the most important are to assist the customers with the better quality of services as to enhance their reliability. Explanation among the Distinction of Services and the Goods There exists a crucial difference between the services offered to the Selling is being distinct from the products as for the goods and this helps in evaluation of the sales revenue based on the number of goods available (Corvo and Symons, 2011). These were some of the detailed about customers and the products offered to them. It becomes very crucial to understand the details of what are the services and what are goods which can be offered to the customers of the firm concerned. The goods are those physical products which can be resold to the customers by various means (Kemme, 2013). The goods can be inventoried and there are certain aspects having to measure the quality of the concerned goods. Now the distinction of the services can be made from the goods. The services reveal the offering of the products to the concerned customers in the desired way. Moreover, the reselling of the services is unusual and it needs to be enhanced as per the satisfaction of the customers. The services a re difficult to the inventory and the qualities of the services provided to all of the customers are very difficult in measurement (Kendrick, 2010). Moreover, it needs to recognize that the selling is not the crucial part of the services delivered to all of the customers concerned. Furthermore, there are certainly important factors which should be critically recognized as they influence the selling of the products and offering of the services to the targeted customers. One of the vital factors is the implementation of the effective communication strategy as this increases the reliability and satisfaction of the customers to a great extent. In a case of the products the quality of the goods offered can be easily measured and it needs to be measured as it increases the number of the customers for the concerned firm (Lee, 2010). Vodafone Corporation critically reflects that the services help in retaining good relations with the customers. Moreover, a quality team works along with the c ustomer care executives to monitor that the customers are assisted as per their reliability and satisfaction (Mallory-Hill, Preiser, and Watson, 2012). The quality of the services offered to the customers cannot be measured but it can be improved in order to establish good relations with the customers as this helps in increasing the customer base for the organization concerned. Therefore, the fact clarifies that in order to become the leader in the market segments most crucial is to understand the desired aspects of services and the goods and to assist the customers with the greatest quality. Introduction to the Operation Management The concepts and the theories of operational management are supposed to e of immense importance as they help in the evaluation of the business methods of the concerned organization. The expression "operations management" signifies the organization as well as the culmination of key business activities that effect in achieving directorial goals along with objectives (Phillips and Phillips, 2010). Operation supervision focuses on aligning operation with the corporation objectives, serving the industry go wherever it desires to go. However this might appear too overarching to consist of commonplace daily responsibilities, there is numerous example of how superior operation supervision can develop the competence of an industry operation (Schmidle, 2011). Most of the well-known researchers evaluated the information that these vital theories and the concepts of operation management should be critically understood in order to bring out the probable possible outcomes for the particular organi zation (Thomack, 2012). Two of the most significant aspects of the evaluation of the operations management are the inventory control along with the quality control. These two elements help in improving the desired standards of the products as well as the services been offered to the customers concerned. 4 Vs of Operation Management The four Vs of the operation management are volume, variety, variation and the visibility and these plays the major role in the development of the work processes of the concerned firm. Vodafone Corporation eventually understands the role of these elements in the development of the products and services. The volume refers to the quality of the products or the number of services been offered to the respective customers (Van Hecke, 2010). Next is the variety which refers to the differentiation of the types of the products and the services by which the customers are assisted. This variety of the services along with the products helps in increasing the satisfaction level of the customers that they do not have to visit different companies for their needs, all of the products and the services can be availed at a single company (Wong and Ma, 2013). Vodafone Corporation understands the desired needs and the demands of the different categories of the customers and thus, they offer the wide var iety of the services as well as the products as to retain the required attention of the customers within the business and finally increase the overall profitability and the productivity of the firm. Next is the variation in the required products and the service label, such as the demand of the customers which changes time to time. The variation in the services and the products offered to the consumers helps in providing required elevation in the growth and expansion of the firm within the targeted market areas. Visibility reflects the percentage of the internal working processes which are eventually exposed to the customers concerned. There are certain implications of these four Vs concerned and these implications generate crucial impact on the development of the business process of the concerned firm. Competitive Objectives of Operation Management The five competitive objectives of the performance management are speed, quality, dependability, cost, and flexibility. These helps to improve the overall performance of the entire firm by enhancing the quality of the services along with the products been offered to the customers. The Vodafone Corporation has developed a team of professionals to monitor the performance objectives of the organization. Quality Quality has been the most crucial aspects of the selling of the product and the services within the targeted market areas. Vodafone corporation works more efficiently in improving its network connectivity services as to enhance the reliability and satisfaction of the customers from the services they are been assisted with. The increase in the best quality of the services and the products differentiate the products of the concerned organization from that of the competitors within the market segments. Speed Speed objectives describe to the charge at which a corporation can create sale quotes as well as how fast and frequently a corporation can bring its goods (Zhang and Zhang, 2011). In addition, rate refers to such issue as the time requisite to produce one or additional goods and the instance the corporation need to investigate and expand a latest product. Dependability Referring to corporation operations as reliable if the business produces and deliver goods to its clients on time as well as according to decided to expenses with prices. A corporation also measures the required dependability with the help of goods capability to a utility as intended and as expected as well as to perform constantly over a sensible quantity of time. Flexibility Flexibility is one of the most significant factors which describes that the services offered should have the flexibility as it improves the overall presentation of the corporation. Flexibility requires that a corporation can create products of dissimilar levels of quality as well as with different plan modifications. Cost The prices of the products as well as the services from different companies increase the toughest competition within the targeted market segments. Vodafone corporation works on the pricing strategy by adapted as per the desired of the clients. Evaluation of the Performance Objectives in Enhancing the Companys Competitive Advantage The competitive performance objectives provide an elevation to the business methods of the corporation. The five of the performance objectives s mentioned above provides the competitive edge to the firm as it reflects the issues and the improvements needed in each of the crucial section of the development process of the products and the services offered by the organization. Two of the most effective objectives are the quality and the development of the pricing strategies as the customers look forward that which company is providing the best services at affordable prices but the development of the brand image of the firm crease the profitability of the concerned organization (Zhang and Zhang, 2011). The evaluation of the performance objectives for Vodafone increases it selling of products and services within targeted market segments. The differentiation in the variety of the products available and the cost of the products or the services increases the sale revenue and efficiency of th e entire firm. The corporation then configures its working surroundings to inclusive one or additional of five the prepared presentation objectives: dependability, flexibility, quality, speed, or costs. Conclusion This research paper helps in bringing out the distinction between services and the products that are been offered to all of the clients concerned. Vodafone Corporation finally understands the role of these fundamentals in the expansion of the products and services. The five competitive objectives of the performance management are speed, quality, dependability, cost, and flexibility. , a quality team works along with the customer care executives to monitor that the customers are assisted as per their reliability and satisfaction. One of the imperative factors is the accomplishment of the effective communication approach as this increases the consistency and fulfillment of the customers to a great extent. Therefore, the paper reflects the concepts of operation management and the different aspects of five performance objectives for the development of the firm concerned. References Armstrong, M. (2014).Armstrong's handbook of management. London: Kogan Page. Baker, H. and Filbeck, G. (2013).Alternative investments. Hoboken: Wiley. Ballester-Bolinches, A., Esteban-Romero, R. and Asaad, M. (2010).Products of finite groups. Berlin: De Gruyter. Corvo, T., and Symons, H. (2011). Broadband and cable industry law, 2011. New York, NY: Practising Law Institute. Kemme, N. (2013).Design and operation of automated container storage systems. Heidelberg: Physica-Verlag. Kendrick, R. (2010).Cyber Risks for Business Professionals. Ely: IT Governance Pub. Kendrick, R. (2010).Cyber Risks for Business Professionals. Ely: IT Governance Pub. Lee, G. (2010).Business process management of Japanese and Korean companies. Singapore: World Scientific Pub. Co. Mallory-Hill, S., Preiser, W. and Watson, C. (2012).Enhancing building performance. Chichester, West Sussex: Wiley-Blackwell. Phillips, J. and Phillips, P. (2010). The power of objectives: Moving beyond learning objectives.Performance Improvement, 49(6), pp.17-24. Schmidle, T. (2011). Performance Management.Public Performance Management Review, 35(2), pp.370-389. Thomack, B. (2012). Time Management for Todays Workplace Demands.Workplace Health Saf, 60(5), pp.201-203. Van Hecke, M. (2010).The brain advantage. Amherst, N.Y.: Prometheus Books. Vodafone.com. (2016).Visit the Vodafone corporate website. [online] Available at: https://www.vodafone.com/content/index.html [Accessed 22 Oct. 2016]. Wong, W. and Ma, T. (2013).Emerging technologies for information systems, computing, and management. New York, NY: Springer. Zhang, L. and Zhang, C. (2011).Engineering education and management. Berlin: Springer-Verlag Berlin Heidelberg.

Vodafone Strategy free essay sample

Task 01 In this case of strategy formulation for a selected organization, I have selected Vodafone Group PLC which is the worlds leading mobile telecommunications company, with a significant presence in Europe, the Middle East, Africa, Asia Pacific and the United States through the Companys subsidiary undertakings, Joint ventures, associated undertakings and investments. At 30 June 2010, based on the registered customers of mobile telecommunications ventures in which it had ownership interests at that date, the Group had 347 million customers, excluding aging customers, calculated on a proportionate basis in accordance with the Companys percentage interest in the seventures. The current mobile market competition is very tight so that to survive in the market, the strategy which we prcatice is very important. Lets discuss what is Strategy and strategic management. As Johnson and Scoles defined strategy is the direction and scope of an organizaion over the long term which achieves advantage for the organization through its configuration of resources within changing environment to meet the needs of arkets and to fufll statkeholder expectations. We will write a custom essay sample on Vodafone Strategy or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Strategic management is the development, implementation and control of agreed strategies. There is more to strategy than merely deciding what you want to achieve and how you are to achieve. Corporate Strategy is concerned with what types of business the organization in. It denotes the most general level of strategy in an organization. Business Srategy is how an organization approaches a particular product market area. It can involve decisions such as whether to segment the market and specilise in particular rofitable areas, or to compete by offering a wider range of products. Some of the large companies cannot operatre under one strategic business unit so that, these firms have diversified Strategic Business Unit (SBU) dealing with paricular areas. So, Business Strategy for such large organizations is startegy at the Strategic Business Unit (SBU) level. In the case of Vodafone, it has the network over the world and its main product is telecommunication network. When we consider this telecommunication network service providers, its direct competitiors are T-Mobile, and Orange. The goal of the shareholders is maximizing their wealth and profitability. This is known as very basic goal and every shareholder may have different goals and objectives. As we know who are the shareholders? Groups or individuals whose interests are directly affected by the activities of a firm or organization are stakeholders. In the case of Vodafone PLC, there are lots of stakeholders and their expectation is to survive in the market and increase the earning per share (EPS). We can classify the shareholders as follows; * Internal Stakeholders Vodafone Employees, Management * Connected Vodafone Sharehoders, its customers, suppliers and lenders. stakeholder groups can exert influence on strategy. The greater the power of a stakeolder group, the greater its influence will be. Each stakeholder groups has different expectations about what it wants, and the expectations of the various groups will conflict. To some extent, the expectations of stakeholders will influence the organizations mission. As mentioned above, the employees expectations will be expecting high level salary, quick promotions, incentives and Job security. When we look into the environment of Vodafone Group PLC, there are various participants such as internal group and external group. A large part of business strategy consists of making the organizations interaction with its environment as efficient as possible. The degree of uncertainity in the environment is of great importance. The great uncertanity is a challenge to the strategic management and uncertainity depends on complexityand stability. PEST analysis. As we know the environment is divided into micro environment and macro nvironment but, we consider more on macro environment and to drill down it we can do PEST analysis. That is the general environment relates to PEST factors in the environment affecting all organaizatins. * Political Legal factors * Economic factors * Social and cutural factors * Technological Factors Political Legal factors The political environment is not simply limited to legal factors. Existing Government policy affects the whole economy, and governments are responsible for enforcing and creating a stable framework in which business can be done. The recent time 2009/10, e were able to see that government power has changed and the economy recession. Political risk in a decision is the risk that politoical factors will invalidate the strategy and perhaps severly damage the firm. Legal factors affect the particular industries such as telecommunication, electricity, gas and other services subject to regulators who have influence over market access, competition and pricing policy. Economic factors It is very important because it influences at both level national and international level because the world economy decides the national economy. The recent economimc recession is the best example for it. And also, othe economic factors such as economy growth, inflation, exchange rate, overseas market, capital flows and trade, telecommunication local trend, interest and tax rate, business cycle and government spending are influencing the industry. Social and cultural factors The following factors influence the industry such as population growth, rate of mobile users, age limit, geography, social family structure, empoyement rate, wealth and willingness of people to use mobile. The conduct of the company, its management, nd employees will be measured against the ethical standards by the customers and other members of the public with whom they deal. Technological factors In the fastest growing world, the role of technology becomes as an essential for our day to day life because that much it has taken part in the life cycle. In the case of Vodafone PLC, they do not manufacture anything and source from third party with latest updations. The word technology is used to mean three rather different things * Technique * Organization This technoogy contributes to Vodafone to overall growth and with the help of latest echnology Vodafone is able to increase total output in following ways; * Gains in productivity * Reduced costs * New types of product at chepest cost The five forces model provides a comprehensive framework for analysing the competitive environment. Such factors are as folows; 1. Potential entrants 2. Bargain power of customers 3. Bargain power of Suppliers 4. Threats of substitute and 5. Rival. According to this five forces analysis the position of the Vodafone organization is very tight competition and threats of new products are more at lower price so, it is in a osition to introduce new product to manage its competitors and keep the customers loyal. Task 02 Task 03 To select alternative strategies, we shoud do some more analysis and bring them in to practice. The most common way of doing this is to analyse the factors into strengths, weakness, opportunities, and threats. We can call this as SWOT analysis and this is assessment of strengths and weakness, opportunities, and threats in relation to the internal and environmental factors affecting the entity in order to establish its condition prior to the preparation ofa long term plan. If we identify the strengths and opportunities properly, then we should convert them in to new strategy formulation. Weakness and threats should be converted into strengths and opporturnities rerspectively. We should match the strength with the available opportunities because strength which do not match any available opportunity are of limited use wile opportunities do not have any matching strengths are of little immediate value. The conversion requires the development of strategies which will convert weakness into strenghts in order to take advantage of some paricular pportunity, or converting threat into opportunities which can then be matched by existing strengths. Same as this corporate analysis, there is GAP analysis which compares the organizations targets for achievement over the planning period and what would the organization be expected to achieve if it carried on in the current way with the same products and selling to the same markets, with no major changes to operations. To develop a new strategy we can use the following ways. 1 . Generic Competitive Strategies 2. The Strategy Clock 3. Value Chain differntiation and focus on both.