Change Management Initiative Change management initiative refers to the process of helping employees coupe with major or minor changes in the organization. It is extremely important to engage the employees in a change process if the company is to successfully implement a transformation agenda. One way of engaging employees is detailing out a vision for the future in regards to the prospected changes. As Pugh (2016) notes, doing this would help them understand the reason for the change and their part in its implementation. This way, the management would buy in their willingness to facilitate the process without undue pressure. Also, the management can give the employees a sense of control over the change process to enable them to adapt to the new adjustments in the organization. For example, they could involve them in brainstorming meetings, benchmarking sessions as well as evaluation meetings to enable the get a sense of responsibility in the process. The C-suite which comprises the top executives of the company generates leads and sets goals for the initiative. They provide leadership and determine the direction that…
Shift from small business to corporate – the identified problems The competition between big and small businesses has forever been one of the most severe issues in the business realm. The small businesses require a firm foundation and a reliable customer backup in order to compete and survive in the race against the big giants. Josh Novak’s Glow-Foods model was a success, and it was recognized by the International Food Group. The organization was impressed by the man’s IT strategy at Glow-Foods and offered Josh a job at IFG’s IT department. He was offered to work with a team at IFG to aid them with their demographics. The opportunity excited Josh, but he was also hesitant at the same time as he was aware that the IFG would not be similar to anything in Glow-Foods, his small business. The transition to IFG appeared awkward for Josh and Tonya also warned him about the problems that he may run into with his own team at IFG. The main issue was recognized to be the bumping heads of the new-aged members in…
Sainsbury Company background Sainsbury is one of the largest food retailers operating in the UK. They are helping their customers to live well in less (Anon., n.d.). As every big organization now wants to move on in another country to expand the business functions, Sainsbury wants to go and expand its business function in Canada. There are so many opportunities lie in the retail industry of Canada. One of the most crucial strategies is to Omnichannel that most Canadian firms adopt to reach potential customers. Because people now prefer to purchase online rather than to go to the outlet and they are buying the desired products. It would be an excellent opportunity for any firm that wants to enter and compete in the Canadian retail market (Chapman, 2020). There are also some challenges that an organization can face when it goes to expand in the Canadian retail industry. There has been slightly slow in international retailers that entered into Canada for an opening store in the past few years, and the leasing of the retail store now becomes another big…
Rich Dad, Poor Dad Book Review This book review is about Rich Dad, Poor Dad, which was first published in 1997. It teaches financial literacy to its readers. The author, Mr. Robert Kiyosaki, has two fathers, one who is poor and one who is wealthy. However, the rich dad is not his paternal father; instead, he is a friend of his dad. The two fathers have varying insight on how to earn money, and the author had the opportunity to contrast the two conflicting views as he grew up. He realized that rich dad’s views were more powerful and useful to him. In the book, he guides the reader through the six main points that his father educated him on how to make money work for someone, rather than the person working to gain it. The relevance of the book. The book is an attempt by the author to impart financial wisdom to its readers. It depicts that being open about one’s relationship with money. With the future, the individual can become rich by reading books that teach about investment…
Research Paper- Social Media Analytics for Competitive Advantages Disseminate the Following Research Paper In disseminating the research paper, various electronic databases will be researched ACM Digital Library, InfoSci-Journals as well as LearnTechLib to identify the potential study for inclusion. The research will allow for formulating an explicit framework that will be designed for guiding the dissemination activity. Three reviewers will screen the references of the paper, and the disagreements that arise will be discussed. The source, the date of publication, description for the major topics of the framework will be addressed. Furthermore, explicit or implicit references that relate to the underlying argument presented by the paper will be extracted. Additionally, a narrative synthesis of the central concept of the paper will be conducted. Upon identification of the audience, the developed content published. The findings will be later released into the national journals as well as the databases for technical articles. Furthermore, the article will be presented at national conferences. The topic will also be posted through the mainstream media, while summarized reports will be used to seek funding. The key…
Business Defense Strategies against Samsam Ransomware Abstract Most institutions have been on high alert due to the enormous implications brought about by Samsam Ransomware. The actors of this menace encrypt files in a way that can only be undone by them. The actor’s need for ransom has not spared institutions, such as hospitals, and much money has been used to pay for the keys to the encrypted files. The uniqueness of the ransomware has created the urge in business owners to come up with strategies to prevent the Samsam attack. It has dawned on the owners that securing passwords could decrease the ease of entry into the systems. Besides, there is a need for businesses to have a dynamic backup and recovery plan to assist in the case of detection of Samsam ransomware. Other strategies include: Having early detection mechanisms, adopting the update and patch management approach, monitoring access to the systems, and configuring access controls to network, directories, and files. Introduction The Federal Bureau of Investigation (FBI), National Cybersecurity and Communications Integration Center (NCCIC), and the Department…
How can realtors use digital marketing to boost sales? Social media platforms are known to be the game changers for the realtors that shall help them to get noticed online. From getting from buyers online for your real estate business to posting relevant Facebook business ads, social media platforms are helpful. It allows one to post important images of the real estate business. But you have to know the right ways in which you can boost the sales of your real estate business. For this, it is better that you get help from BoldLeads. Also, there are different strategies for generating leads online and some of them are mentioned below. Email marketing Email marketing is among the various channels of online marketing that help to reach out to the target audience easily. To generate potential business to business leads, this form of marketing is the suitable one. If you are new in the real estate business, you can try with email marketing that shall help to grab the attention of the target customers better. With increasing competition in the market,…
5 Reputation Management Tips For 2020 today, the internet is an excellent source of information for modern customers. Therefore, your brand should be in a position to provide the searched questions. To achieve this, you need to manage your reputation on the internet. Crafting high-quality content with relevant and sharable keywords is one of the best ways to boost your online reputation. Similarly, you need to invest in your efforts and resources to influence and control public perception of your brand. However, it requires patience to achieve the intended goals. Here are some of the practices that will keep your business top of the game. Provide Great Customer Experience Customers’ experience is the foundation of your reputation management. The attention and support you give them will either break or build your business. If customers feel your treatment is unfair, they may opt for an alternative service or product. But if you provide good customer support, you can easily achieve customer retention as well as facilitate customer loyalty. Also, remember that happy customers are your ambassadors of the word of mouth…
The industry life cycle Introduction The industry life cycle has affected the business strategy of apple in various ways. Each stage in the product life cycle is a function of two things that is the time in the x-axis and sales on the y-axis. However, with the apple company, their products were kept high to maintain the exclusivity of ownership. The stages in any product’s life cycle vary; Apple is one company that has always generated a story. Still, a recent announcement from Apple suggests that the company is currently experiencing a problem. The reduced industry life cycle can affect the business strategy adversely for the firm over some time (Rothaermel et al., 2017). Growth By the time the product enters the growth stage, the consumers have already started building a good affinity towards the particular product. However, Apple did not seem to keep its product quality well maintained, not to let the consumers down. As far as growth is concerned, the company needed to spend more money on marketing now that its product had reached out to a broader…
Is Entrepreneurship calling? Here is How to Quit Your Job Like a Pro Ranked as the 6th most attractive country in the world, Australia is indeed a great place to start and grow a business. If you have toyed with the idea of getting into business, this is indeed the best time to do it. If you are like most people, you will have a few loose ends to tie up before you are fully able to focus on your entrepreneurial journey. One of these could be your current job. How do you give it up professionally and tactfully? Here are some top tips. Get Organized Start getting organized to leave your position in advance. If your office is full of clutter and personal mementos, start cleaning and clearing up in good time. Do the same with your work computer and work phone. This will streamline the process for you, as well as the incoming job holder. Prepare Your Resignation letter Your resignation letter will be just about the most critical piece of documentation you give your employer towards the…