Category: Management

Introduction Operations management (OM) is defined as the design, operation, and improvement of the systems that create and deliver the firm’s primary products. Operations Management is concerned with the management of entire system that produces or delivers a product. Operations Management includes certain decision making that has three aspects to it; Strategic or Long Term…

Table of Contents Introduction Definition of operation management Operation Management’s role in WalMart Reference Introduction In today’s world, in order to ensure the smooth running of the business, every organization must be ready to deal efficiently with different issues concerning the business. The organizations must be ready to accept changes and move accordingly. Each and…

Table of Contents Origins of Personnel Management Origins of Human Resource Management Human Resources Approach for Today’s Business Environment Strategic Human Resource Role of Human Resource Practitioner Role of Line Managers in Human Resource based Organization References People often consider human resource management and personnel management to be the same thing labelled in different words.…

Just as business strategic models, such as the integration of network-based and razor-blade business models, are important to a new enterprise so is an exit strategy from the market. Successful entrepreneurs develop exit strategies well before going into the market because the choice of an exit strategy determines the development decisions (Williamson, n.d.). As such,…

In this paper, the risk management approach adopted by HSBC Bank plc has been reflected upon. However, the discussion cannot be commenced without a prior understanding of the concept of risk management. Hence, the paper intends to shed some light upon the basic concepts linked with risk management and subsequently proceed towards the discussion relating…

Michael Pope is the director of the sales department in an airline that was launched three years ago. He has been tasked to lead the company’s marketing team in meeting the defined targets, converting prospective customers quickly, and keeping the approval rankings high. Michael has been instrumental in facilitating robust relationships and interactions among the…

Directors failing to follow the staff handbooks lead to several negative consequences in the work environment of their companies. This unlawful, unethical, and unprofessional behavior manifests itself in many forms, such as harassment, discrimination, nepotism, coercion against the will of employees, and misuse of power (Employer policies, n.d.). As a result, it “degrades workplace culture…

Performance management appraisal may fail due to judgment by top management and the supervisors. The top management and supervisors sometimes experience errors in judgment, such as the halo effect. The manager may observe a subordinate conducting the first task well and rate the employee high in all other duties, yet the opposite may also be…

There are numerous approaches to assessing the value of an organization; however, the resource-based view allows for the most accurate and comprehensive analysis of the key opportunities that an organization can pursue in the selected market. By offering essentially an analysis of the key components of a company’s potential competitive advantage, a resource-based view offers…

Quality management of Crossrail can be called comprehensive for several reasons. First, the company manages quality on the organizational level, ensuring constant internal audits, tests, and incorporation of quality plans. Second, the company manages quality on a bigger scope, which implies “compliance with legislation, regulatory requirements, and relevant codes of practice and standards” (Crossrail Learning…