Case Study: Nucor Corporation The present paper will discuss four concepts and subsequently link them with the Nucor Corporation. Two concepts will be derived from journal articles, whereas the other two will be strategic management models: vision and mission aspect; and strategic planning. Ashridge Model (Chun & Davies, 2001) The first concept is the Ashridge Model (Chun & Davies, 2001). Giving a mission to an organization is essential as it offers a competitive advantage as well as other unprecedented benefits. However, the Ashridge mission model highlights the best approach to apply in coming up with a mission statement. It defines the mission as a statement that consists of four dimensions, namely; purpose, strategy, values, and behavioral standards. Figure 1: Ashridge Model (Chun & Davies, 2001) The top-most element of the model is the purpose. It depicts the goals of the organization or answers the question of why it exists. Another element is the strategy. For the organization to realize its purpose, a strategy must be in place. Therefore, for the best purpose, strategic planning (will be discussed in…
Response to project management competency post In the current discussion, the researcher has identified the competencies of project management based on three aspects – planning, organisation, and resource management. Based on these aspects, the various skills were identified, the key ones of which were further discussed in the study. Execution has been identified to be the primary competency. Successful initiation is indeed one of the prime requirements for any project to be successful in the long run. However, practical decision-making skill is also essential as wrong decisions taken by the manager can ruin the entire project. The manager does critical thinking for the best of the project and determines what best suits the situation. They need to develop strategies to ensure the sustainability of the project and handle the team for the same. In this context, the adequate flow of communication is essential as the individuals involved in the project must be aware of what they are doing and why. It ensures confident productivity and increased quality of output. Response to project selection method post Organisations are often forced with…
Here Are The Most Important Reasons Your Business Needs SEO Services SEO or Search Engine Optimization is probably one of the most essential elements in the 21st century, which plays an important role in the digital industry. SEO is the force that can help you create a website and turn it into a success. The right SEO strategies can take you to places, but if you are not giving it enough attention, it is you who is at a loss. If you are relatively new to this term, don’t worry, we have got you covered. SEO generally works by demonstrating to the search engines that the content you have put up is the best result for any topic that has been searched. All search engines have the same objective – to show their users the best content. The more you cater to your content and website according to the SEO standards, the better chances your site has to come up as a favorite. Setting up your website by the norms of the Google Algorithm is really important…
A reflection on the need to accommodate complexity in management decisions Introduction The report shall be written as a reflective account of the experiences gained while preparing the individual report and group presentation. Here, the process of conducting the research on Leon restaurant shall be summarized. The impact of the process and its outcomes shall be written in a reflective manner. Following that, the stages of the process shall be critically assessed. A new strategy prepared for the restaurant shall be considered, and a similar business case shall be outlined. Lastly, the impact of the proposed strategy shall be underlined and ways in which the strategy affects the stakeholders will be examined as well. Summary of the different types of analysis and information sources In order to complete the individual reports, I have considered secondary sources of information. The business report on Leon restaurant has been prepared by using a range of peer-reviewed articles, journals, company websites, online news and reports. It was necessary to gather information from these sources and incorporate them into the report. The business report was…
Mission, Vision, Values, and Management Vision, Mission, and Value statements, as well as management, are critical when it comes to directing an organization together with its employees and stakeholders about the purpose of the firm. The mission statement describes an entity’s reason for existing as well as its general use. On the other hand, the vision statement outlines the organization as it should appear in the coming years or decades. A company’s value statement describes what the particular entity believes in and how the organization will behave. Management is usually described as the efficient pursuit of critical organizational goals (Kinicki & Williams 2016). An organization’s vision statement is often supported by its mission statement to make clear the purpose as well as the direction of the organization to its workers, customers, and possibly stakeholders. With a comprehensive realization of such statements, the managerial team could successfully steer an organization. This paper is going to compare the health care company Aetna’s mission, vision, and values against its criteria and evaluate a comparison between United healthcare, which is another health care company. I will discuss Aetna…
THOMIST Thomist is of the school of thought that school, Church, and families should play separate but related roles when it comes to children’s education. However, that is not the case in the current society since I believe that teachers are given too much responsibility to teach things that are supposed to be handled by the Church or even the family. Most parents are working full-time jobs that take up a significant portion of their time to bod and interact with their children while imparting their values (Cornwall, 2016). During the 1950s and 1960s, in most family settings, it was the husband or the father that was the sole family provider. That meant that only a single parent worked while the other parent, mostly the mother, remained at home to take care of the house and play a central role in raising the children (Galvin, Braithwaite & Bylund, 2015). However, over the past few decades, there has been a systematic, progressive campaign to get more women into the workforce that has mostly been successful (Galvin, Braithwaite & Bylund, 2015). It…
develop a rehabilitation/case management plan role of the case manager and researches a disability-related topic/illness and develop a rehabilitation/case management plan for a chosen client For this project the students takes on the role of the case manager and researches a disability-related topic/illness and develop a rehabilitation/case management plan for a chosen client, focusing on the client’s physical and psychosocial response to the disability. The student is to create a research paper on a client with a disability and the necessary adjustments needed for the client. Amyotrophic lateral sclerosis (als), the paper must contain the following information: each of the following below must be addressed in the paper • symptoms, treatment, care of the condition • impact of the disease as to stigma, adaptation, body image, quality of life • clinical and psychosocial aspects of the disability • impact on the client and family • medical treatment needs • client and family education • assessment tools (medical, educational, vocational, independent living) to determine patient’s level of functioning at time of case management intervention and expectations of maximum level of…
THE STARTUP BEHIND BUILDING KENYA’S VIRTUAL REALITY INDUSTRY BlackRhino VR is a virtual reality production company specializing in creating cinematic, immersive experiences for different companies and organizations. It focuses on commercial and non-commercial work. The commercial work involves creating branded immersive experiences for various corporate organizations while the non-commercial work is about having a positive impact on society and changing perceptions. In 2014-2015 it was a boutique film production company. The corporate uptake for VR is increasing with emphasis on creating immersive brand messages targeted to the millennials cascading over some facets of the economy. Challenges such as connectivity should be overcome for VR to be a reality in Africa. Countries such as South Africa, Nigeria, Ghana and Egypt have vibrant VR communities. A lot of sensitization, partnerships and investments was done before VR can become an industry. Demystification of VR and trying to give an understanding of VR and how relevant it can be in different facets of society. Capacity building and benchmarking. It has been able to change the mindsets of small and large corporations on how they…
how Al-Jazeera and BBC media channels represented the main incidents of Arab Spring uprising Research Question The research question is to investigate how Al-Jazeera and BBC media channels represented the main incidents of Arab Spring uprising. The research will also examine whether this representation was influenced by any ideology both BBC and Al Jazeera attempted to promote. Abstract The media in the Arab World has witnessed a radical shift, as seen from the beginning of the 1990s. The radical shift is attributed to the emergence of a broad range of private satellite-TV channels in different Arab countries. Channels such as Al-Jazeera, Middle East Broadcasting Center, and BBC have rapidly turn out to be top Arab channels in the realms of news broadcasting, education as well as entertainment. The Arab spring results as a reaction to the recession witnessed in the economic, political, and social systems in the Arab World. Many scholars believe that these transnational channels have made a significant impact by challenging the conventional approach of those channels owned by the government. Additionally, most scholars still argue that despite…
Market orientation (Slovak Foodstuff Industry) Introduction It is essential to address market planning, and market orientations in a business setting to promote the marketability of company products. Exploring market planning and values of market orientation tend to improve business performance. High-quality marketing planning can result in excellent business performance in conjunction with market orientation and not independently (Wang and Chen, 2012). In this paper, I’ll be focusing on how to market planning and adjustments affects business performances in research conducted in a company (Slovak Foodstuff Industry). Task 1: Market orientation (Slovak Foodstuff Industry) Market orientations refer to attitudes that help shape business cultures and operations. Market orientation is studied by including the following factors as a component, customer orientation, competition orientation and functions of coordination in all company departments (Salyova, Petrovicova, Nedelova and Dad’, 2015). Coordinating the utilization of resources is essential in ensuring the creation of good value perception from customers. Measuring scales The most commonly used measurement model is the MARKOR by Kohli, used in measuring market orientations among managers. A significant requirement that managers use this orientation…