Today, industries worldwide are realizing the benefits of adopting a socially responsible behavior. If an organization to manage the stakeholders meeting with success, he may have a strong position in the market for the coming year. But this idea has yet to be understood and implemented in a better way of business. According to experts, lack of access to accurate information, lack of trained personnel and lack of understanding of being blamed for the slow acceptance of corporate social...
From tribal till progressive eras, leadership has evolved with a slow but steady pace. First observed were the word "leader" and its description about qualities (Oxford English Dictionary, 1933) and only in the 1700s the 'leadership' concept enters in the field of literature (Stogdill, 1974) [] . Scientific explanations and analysis about leadership concepts cross the threshold of literature with Burns [] and Bass [] extended work on leadership. What is...
The expansion of the Insurance industry in Malawi has resulted in an increased variety in customer demand as well as provided service. Consequences of these developments are less predictable customer wants and needs, increased requirements to fulfil such needs on behalf of the industry as well as a greater demand on employees to interpret such. As a result, customer service and service quality have become major sources of competitive strengths. As Clients everyday purchase insurance, it is...
Strategic management can be described as set of executive action and conclusions that helps in shaping the long-run performance of the business. It is inclusive of environmental scanning, both internal and external environment, and strategy formulation, implementation of strategies, assessment and control processes. Henceforth, strategic management highlights on the evaluation and monitoring of the external threats and prospects in the background of organization's inner potencies and weaknesses...
General philosophy is that every workplace is an integrated and harmonious entity that exists for a common purpose. The role of management is to provide strong leadership and good communication. Employees should be loyal to the organization and its management in recognition of their common objective. Unions are seen to compete for the loyalty and commitment of employees (therefore disliked). Unitarism suggests conflict is not inherent in the workplace; it is the result of faulty communications,...
The most impressive thing I find about Southwest Airlines (SWA) is the history of the company. I really admire how Herb Kelleher fought to create SWA, even when everything and everyone was against him, and how his warrior spirit has shaped the organization┬┤s culture and performance. Also it is very impressive to me how the company can be profitable with a low cost strategy. It is well known that airlines companies do not make any gain even with high ticket prices so it is really amazing to me...
Personal Management SkillsTABLE OF CONTEXTINTRODUCTIONReflection n importance to you BackgroundPERSONEL ASPIRATION REVIEWWHY DID YOU CHOOSE TO STUDY FOR A DEGREEHOW DOES THIS FIT IN YOUR LIFE & CAREER PLANSREVIEWING OPTIONS FOR THE FUTUREPLANNING AHEAD AND SWOT ON MYSELFPERSONEL SKILLS REVIEWPERSONAL PERCEPTIONS & VALUESMANAGEMENT SKILLS BY FAYOLDEFINE: MANAGEMENT MODEL MANAGEMENT SKILLSCARRER PLANNINGVOCATIONAL/ FURTHER STUDYTHE WORLD OF WORK JOB MARKET ANALYSIS [2 indus] FOR OWN SELF...
This paper discusses about organizational strategy elements and the concepts of the organizational strategy elements. It creates the environmental threats of the organization and examines the responses of the organization for these threats. This paper evaluates the strength of the organization to leverage these threats. It also identifies the significant competitor for the company and also assesses the equipments that maximise the profits against the competitor. This paper assumes the...
ORGANIZATIONAL CULTURE CAN BE ONE OF THE MOST IMPORTANT MEANS OF IMPROVING ORGANIZATIONAL PERFORMANCES The term culture can be defined as the set of shared attitudes, values, goals, and practices that are characteristic of an institution, organization or group [] . The same way Organizational culture is the set of operating principles that determine how people behave within the framework of the company. Schein (1985) [] defines organizational culture as "a pattern of...
Knowledge, skills and competencies necessary to maintain a competitive advantage are exponentially growing and changing. Salespeople and their organizations perceive that sales training will increase organizational value through acquisition of critical behaviors. Henceforth sales organizations eventually making large investments in sales training with expectation that newly learned knowledge and competencies will be transferred to the workplace. Moreover sales training has been stimulating in...