Today organizations are all talking in terms of competence. Gone are the days when people used to talk in terms of skill sets, which would make their organizations competitive. There have been shifts in the focus of the organizations. Now they believe in excelling and not competing. It's better to build a core competency that will see them through crisis. And what other way than to develop the people, for human resource is the most valuable resource any organization has. Organizations of the...
The purpose of this study begins with a brief definition and review of the foundation of transformational leadership and includes some information on behavioural theories and situational theories for context. This is followed by a review of existing research on common measures of organisational performance and emotional intelligence. There will be discussions relating to emotional intelligence theory, leadership theory, and the organisation under investigation. Through the past 60 years,...
Abstract In essence, strategic management refers as a varied process of strategy formulation, strategy implementation and strategy evaluation. This paper indicates the overview of strategic management processes and its implementation for OBYU Holdings Sdn Bhd. Internal strengths and weaknesses of this construction firm are stressed as well as the external opportunities and threats with the hope that OBYU Holdings Sdn Bhd will be able to maximize their business profits. Therefore, several...
Japanese production systems have been regarded as one of the most successful systems in the global management aspect. To this, I could very well observe from the lectures consisting of different efficient production systems from various big Japanese companies. Due to the fact that Japan is well known for its technology advancement especially in terms of automobile industry, I, therefore, have chosen the aim to discuss this major topic. However, I believe it is interesting to provide the...
Cross-cultural staffing training is a novel concept of great relevance in the contemporary world. The scheme operates on important principles that align with the current business environment. This study explores the concept of the Cross-cultural staffing training with the intention of quantifying the feasibility of the strategy and proposing strategic recommendations that would enable organizations' benefit from the scheme. Empowering employees through cross-cultural training is likely to...
1. Introduction According to Susan Ward, leadership is the art of motivating a group of people to act towards achieving a common goal. In other words, leadership is the leader's influence towards others in order to make them to cooperate willingly and fully achieve their desired goals. Furthermore, a leader is someone who has not only the ability and influence but the character and skills that make others want to follow them. A leader's purpose is to persuade people to focus all their energy...
Legal and Ethical Considerations Formulae is looking into setting up operations and extending our business to both Guatemala and Mexico. Now, the success of these expansion projects is going to be built upon many factors, and among them legal and ethical conduct will be of the utmost importance. Both Guatemala, and Mexico have in common many culturally based legal and ethical rules. However they also have differences, and of course they not only separate each other, but also the fact that we...
Marketing is a prominent and an essential discipline that encompasses literally every dimension of the world of business. Prosperous organizations or gigantic corporations cannot attain the success they enjoy without proper marketing strategy execution and plan. In other words, it is the magic ingredient that can spell 'fortune' for any given organization. So, what exactly this magic ingredient entails? The definitions are many, but the one below (Small Business Development Corporation of...
Nowadays, business market is become more competitive than ever. Many organizations are hoping to perform more effectively and generate more profits. However, it is not as easy as the days in the past. Therefore, to be a successful company, a good organizational management is essential. Management refers to organize and control the departments and staffs effectively within an organization. This responsibility is always relied on the different departmental managers. Normally, the managers have to...
Entrepreneurs is one of the dominant forms of labor leaders, is a purely fictitious entrepreneurial phenomenon is a need to have a mission, honor, responsibility and the ability of people, an organization, use of services, technology, implements job, is a thinking, reasoning, judgment, is a way for people to follow and follow the process to obtain benefits, an ability to have full rights and capacity European and American academics and business entrepreneurs are defined for the organization and...