In today's world of business competition, every organization is trying hard to find a way to be among the top and to have sustainable competitive advantage to survive in the industry. Various fields and disciplines have agreed in insisting that knowledge plays a key role in the definition, functioning and performance of firms (Placing knowledge, online) [] . First and foremost, we must bear in mind that firms today are no longer viewed as machines of efficient transaction,...
Sonly is a leading global manufacturer of audio, video, communications and information technology products. Mission of Sony is bring new technologies, content and services together in unprecedented ways that enable people to re-shape their perception of the world and enhance their lives. Sony believes the power of technology can realize a new idea and stimulate the senses. The introduction of "Make.Believe" refers Sony's spirit of creativity and innovation. Concept promoted by Sony is...
The banking sector is one fast of the growing sector in the world including Africa. For instance in Ghana the number of bank employees showed an increase of 62.68% (or 4,157) from6, 632 at end 2001 to 10,789 as at end 2007. While year 2002 exhibited the lowest growth (3.66%) in the number of persons employed by the industry, 2006 showed the highest growth (13.56%) in employment (Amediku, 2008). The banking sector in Kenya operates in a relatively deregulated environment. Foreign bank entry was...
Those in management position must develop a leadership style. The selection of styles is contingent on the leader's personal traits. Ultimately, the leader has to select a style that will be most effective for the situation at hand. The general leadership style includes: autocratic, democratic, participative, and laissez faire. Autocratic leaders tend to tells subordinates what to do and expect them to do it. The subordinates of an autocratic leader are not involved in decision making and have...
Reliance Telecoms GSM cellular services are available in 940 towns within its eight-circle footprint. Reliances CDMA services are available in 19 states and cover about 65% of the country, state wise. Reliance Infocomm also offered for the first time in India, mobile data services through its R-World mobile portal. This portal leverages the data capability of the CDMA 1X network. The need for the extension is due to the high degree of direct contact between the CE providers and the customers,...
As conventionally stated, performance management (PM) can be described as a process of managing performance of the organisation or of the people working in the organisation. However, the subject of performance management is quite diverse. This is revealed by taking a look at the literature review from which, it is evident that performance management evolved independently from a number of individual disciplines. Hence, it is not surprising to note that performance management is a...
INTRODUCTION Purpose: The purpose of this project was to analyse a current issue that has affected the current hospitality industry drastically. In the recent scenario, natural disaster has been seen to put a major impact on major hospitality industry .The main purpose of the task was to choose a situation of unavoidable circumstances, which could be either terrorism or natural calamity, that organisations have faced recently, and provide a solution of the situation recently faced. Scope:...
The study of corporate strategy cannot be simply defined due to its complex nature which according to Lynch (2006, pp 13) incorporates three core areas. These are strategic analysis, strategy development and strategy implementation.1.1 ObjectiveThe objective of this assignment is to critically analyse the current strategic position of Schlumberger Trinidad Ltd and to make detailed recommendations of one aspect of their future strategic direction.1.2 Organisation OverviewSchlumberger...
The process of dealing with change is called learning (Handy, 1990 cited in Wilson, 2005). Nadler and Nadler (1990) made an observation that learning is a common thread between training, education and development. Learning in an organisation can be through training or coaching and mentoring. There is a growing awareness about the importance of changing and very flexible workforce, which leads us to the fact that adults at workplace should be brought to learning through training to ensure...
Introduction Organizational effectiveness and efficiency is essential to success in any economy. In order to achieve increased and sustained organisational performance, organisations need to execute strategy and engage employees. The process of achieving a peak organisational performance is often thought of in the same way that Winston Churchill characterized Russia: "… a riddle wrapped in a mystery inside an enigma." (Winston S. Churchill, October 1, 1939). Although achieving peak...