INTEREIM PROJECT REPORT Essay Example | Topics and Well Written Essays - 2000 words

INTEREIM PROJECT REPORT - Essay Example Wakelyn (49) asserts that the report gives summarized initial findings of the second assessment of the interim project report which aims at exploring the benefits of the occupational & health safety management. The project helps the students to apply the management theories to organizational settings such as a business to ensure the swift running of its activities as asserted by Ares (67). The assessment also assists students in applying the management skills in resolving around a management issue. This is done through effective communication within the workplace which ensures an environment which nurtures business opportunity among the students (Schwartz 13). Therefore, an interim manager is a person who provides temporary managerial support usually to an executive level of an organization or business and who also leads in achieving its objectives (Kahlmeter 17). The interim management helps an organization surpass a trouble which might need extra management resources to control the crisis or transformation in the direction of management. There is a series of test for example clinical trials that can be used to tests and determine the managerial skills in project research and development in order to come up with individuals who are able to generate safety and efficacy in the project report. According to Kahlmeter (20), the interim project report provides an opportunity to present the details of the running of the project. This demonstrates the integration of the project management theory in planning stages (Christensen 343). This report gives a setailed of a number of assessments that was done during the implementation of the project especially on occupational and health safety management. The report also is a detailed interim of relationships of activities in the Jim’s company company business such as cleaning background, job functions and safety medical management among others.This report is presented in the business format which is submitted to the m anagement team of the organization. The report also varies according to the nature of the project but the report encompasses the following: Scope statement Meyers et al (10) have it that scope statement depends on the type of project being implemented and also the nature of the organization and it normally takes many forms. The scope statement normally gives details of the project and it also describes the major objectives of the projects. This is the part of the project report that captures the broader terms and the narrower terms of the products of the project (Schwartz 19). The objectives stated here should have a measurable success criterion that will help in the realization of the project’s goals. This part of the interim report normally contains a list of users of the products and the features of the products to be introduced in the market which the business produces (Meyers et al 19). The scope statement of the interim project report contain the project name, the proje ct charter, the project owner, sponsors, stakeholders, the problem statement, the project goals, objectives and among other project requirements. The scope also states

Analyzing the Marketing Mix Strategy of Apple Inc Essay Example for Free

Analyzing the Marketing Mix Strategy of Apple Inc Essay Apple Inc. is an American multinational corporation that designs and sells consumer electronics, computer software, and personal computers Over the last decade, Apple has redefined the music business through the iPod, the cellphone business through the iPhone and the entertainment and media world through the iPad. Its software includes the Mac OS X operating system, the iTunes media browser; the iLife suite of multimedia and creativity software, the iWork suite of productivity software, iTunes, a proprietary media player application that works with iTunes store and allow customers to download music and offers other features of consumer electronics, the Safari web browser, and iOS, a mobile operating system. During the past 36 years, Apple has become a famous brand that technology of the world known and highly admired by the ingenious strategy, modern and sleek design, and always bring the products to satisfy consumers. Understanding how to think of Apple as product design, promotion, price and how to distribute it to customer that helps us to see the direction and shape of products that the company will launch in the near future. There have been few studies about Marketing Strategy of Apple Inc such as Maketing Fundamental Project (Christine, 2010),Marketing Mix of Apple Inc. Norm, 2012), Marketing Mix: Apple iPod (Angela, 2009), Accounting and Financial Analysis (Sachitanand, Denisa Alcides, 2008), External and Internal Factors on Apple Inc. (David, 2008) Apple and CEO Steve Jobs is enjoying the glory days in recent years by reputation and the success of the blockbuster iPhone, iPad, and MacBook Air.. However Apples not perfect in every way. In fact, the company also has great disadvantages need to improve in the future. What are the weaknesses of Apple that their opponents could exploit? There is little information of the customer’s feedback about the same mistakes of the products that have not been overcome by Apple Inc such as: No new design: a way of repeating the design of the 3G and 3G versions, ip4 and ip4s version, and the newest is ipad 2 and the new ipad design that a reason to make many people were disappointed because Apple did not release a new product is completely different design than the old version. With Ipod Gen 4, IP4s and The New Ipad products are common defects about low battery and overheat when using constantly 1 hour for playing game and searching web with Wifi and 3G. So far, Apple Inc. has some explanations but not yet for solution to the problem. They claim that ongoing research and promises to be a solution in the nearest time. Before success can not deny of Apple product and research to find out the cause of success is significant for managers. Especialy, when we is preparing to step into the process of global integration with the world economy. The prupose of this report is to determine whether competitive strategy can be attractive more tastes of customers, and this present paper is aimed at: â€Å"The Marketing Mix Strategy of Apple Inc. † It is hoped that information from this study may be useful in identifying the right product must be exhibited to right people at the right place, right price and right time.

Effect of Technology on Urban Spaces

Effect of Technology on Urban Spaces Emerging Enclaves of Innovation in Multimedia Services Akanksha Nayyar In understanding the complex interactions between infrastructure networks and urban spaces, Stephen Graham and Simon Marvin explore the emerging enclaves of innovation in multimedia services. The formation of these gentrifying ‘cyber’ districts is fueled by the production of internet services, digitization of design, architecture, gaming, CD-ROMs and music[1]. To be more specific, the regions that have undergone such enclave development include New York’s Silicon Alley, San Francisco’s Multimedia Gulch, and London’s Soho; to name a few. In order to thoroughly understand the influence that multimedia services have had on these urban places, this report will seek to critically analyze their economic, social and political environments. In addition, how these urban places represent an outcome of the global economy, and how they are connected both â€Å"glocally† and â€Å"globally†, will be discussed. Finally, a discussion in regards to the technologies that are important to the activities of these districts will be explored. ECONOMIC ENVIRONMENT The economic impacts of the cyber gentrification of the regions previously mentioned possess both favorable and alarming characteristics. For starters, New York City’s most densely populated region, Manhattan, experienced the highest internet activity on the planet.[2] This paved the way for the development of its Silicon Alley ¸ which is home to a booming set of interactive media industries. 56,000 jobs from 2,200 firms were created in this sector alone, which is as much as a 105% increase between 1996 and 1998.[3] As a direct result of this, considerable investments were made in the form of restaurants, corporate retailers, property firms, loft developers, and infrastructure companies.[4] Furthermore, the city of New York has gone as far as supporting the new media enclaves with tax holidays, grants, loan funding and financial support for certain initiatives, such as â€Å"Plug ‘N’ Go†, which converts properties into internet-ready real estate[5]. On the other hand, in San Francisco’s Multimedia Gulch, we begin to see a negative economic impact. Although, surveys have shown that more than 35,000 people are now working in the multimedia industry, with the vast majority being from Multimedia Gulch, there have been several protests.[6] There have been issues regarding a lack of parking and a city bureaucracy that has made it tough for companies to expand. Moreover, real estate speculators have colonized certain districts and in turn, caused the rental costs to increase.[7] Consequently, poorer residents can no longer afford to live in their residences. This in turn, creates a larger economic disparity between low-income and medium-to-high income citizens. Based on an analysis of solely the economic environment, it becomes apparent that the job creation and increased investment levels as a result of the ‘dot-commers’ have a positive effect. That being said, however; the fact still remains that at that point in time, the internet remained as the preserve of a small global elite between two to five percent of the global population.[8] In simple terms, the rich get richer as the poor get poorer. The high-income individuals are being provided greater resources, such as the internet and communication technologies (ICT’s), to further increase their wealth.[9] Whereas the lack of access to these ICT’s by low-income individuals prohibits them from improving their financial affairs, which therefore widens the overall economic gap between each income-class.[10] SOCIAL ENVIRONMENT The creation of innovative enclaves as a result of multimedia services has also greatly impacted the social build-up of each region. The process of gentrification, wherein middle-to-upper class people take up residence in a traditionally working-class area of the city, ultimately changes the character of the area.[11] For example, often times the reconstruction of these urban neighborhoods developed a playful reputation to cater to a diverse and â€Å"chic† population, who are able to make use of various types of ethnic restaurants, art spaces and shops.[12] In the Alley, people are drawn from all corners of the earth. The cultural blend and diversity of ethnic traditions, viewpoints and value systems have enriched all lives.[13] Silicon Alley has become a model of how diversity can add strength and unity to a complex community. Furthermore, in the Multimedia Gulch, several neighborhoods were gentrified to sustain the cluttering demands of interlocking micro, small and medium-size firms in digital design, advertising gaming, publishing, fashion, music, multimedia, computing and communications.[14] At first glance, this appears to be a favorable development of a given neighborhood. However, the underlying issue is that it reinforces a class hierarchy, wherein only certain individuals have access to these new markets. The issue continues as these enclaves create two parallel communication systems: the first is suited for individuals that are socioeconomically affluent and are now being provided access to ICTs and multimedia services that provide them with information at high speeds and low costs. On the other hand, the second communication system is for less educated individuals who face barriers of cost, time, uncertainty, and ultimately depend on outdated information.[15] The coexistence of these two communi cation systems creates a fruitful future for the individuals at the top of the class hierarchy, and despair for those at the opposite end. Some of the more alarming social characteristics of these enclaves include increased stress levels for older residents of gentrifying neighborhoods. These stress levels have been associated with rises in the death rates of elderly seniors.[16] In combining both the economic and social characteristics, we begin to paint a picture wherein there is a trend towards the exclusion of poorer people from the cities. It is important to note that the whole purpose of innovative multimedia services and ICTs is that they provide us with limitless possibilities for overcoming traditional social and geographical barriers, however; it appears that this is only true for a segment of the population. POLITICAL ENVIRONMENT The emergence of innovative enclaves of multimedia services also has ramifications towards their respective political environments. For instance, political coalitions such as the Yuppe Eradiction Project have surfaced in the Multimedia Gulch.[17] These coalitions are a response to the dot-com invasion and operate under the banner â€Å"The Internet killed San Francisco†. Among the issues targeted by the coalition include real estate prices, homelessness, and accentuating landscapes of social and geographical polarization.[18] The creation of these enclaves also poses a problem for decision makers in regards to the planning aspect of the city. The growths experienced in multimedia clusters and digital centers have had a great impact on issues such as car parking, among other transportation issues. In addition, decision makers are also forced to explore issues such as the ownership and control of digitized information.[19] OUTCOME OF THE GLOBAL ECONOMY Since the beginning of the globalization era, the world continues to seek new methods in which it can exchange information, products and services with one another. It is because of the very need for us to continuously connect and exchange with the rest of the planet that we see the emergence of enclaves of innovation in multimedia services. For example, in Soho, London, a media enclave has developed dedicated infrastructure that allows it to extend to global markets in real time. Coined â€Å"Sohonet†, the system links the tight concentration of film and media companies, television broadcasters, publishers, internet providers, graphic designers and recording studio headquarters in London directly with Hollywood film studios through seamless transatlantic fiber connections.[20] Sohonet is just one example that allows us to see how the emergence of these media enclaves is an outcome of the global economy. As more and more people around the world demand global events, such as spo rts, music, and Hollywood films, the emergence of these enclaves is inevitable. Furthermore, we see a similar enclave development in Malaysia with its $20 billion Multimedia Supercorridor (MSC).[21] The aim of the MSC is to replace Malaysia’s manufacturing-dominated economy with services, IT, media and communication industries in an effort to make it ‘Asia’s technology hub’ by 2020.[22] This example allows us to see that in an effort to become globally relevant, Malaysia has witnessed a development of its own enclave of innovation in multimedia services. ENCLAVES ON A GLOBAL AND LOCAL PRESPECTIVE Globalization allows us to see how these media enclaves are connected on a broad scale. That being said, in order to enjoy the benefits of global urbanization through multimedia and information exchange, the relationship between global and local cultures must be understood. Allen J. Scott touches upon the concept of glocal connectivity in The Cultural Economy of Cities. He asserts that many media giants seeking to develop distinctive products â€Å"insert themselves into regional cultural-economic systems†.[23] By this, Scott refers to an arrangement wherein companies create close linkages and working relations with several other firms in order to ultimately tap into the specialized skills of the local labour force. This is essentially the foundation of glocalization, wherein the concept dictates that in a global market, a product or service is more likely to succeed when it is customized for the locality or culture in which it is sold.[24] This theory allows us to see why sev eral firms cluster in certain districts such as the Silicon Alley, Multimedia Gulch, or Soho. In the Rise of the Creative Class by Richard Florida, he explores the idea that as the symbolic attributes of products or services becomes more important, so too do places that host firms.[25] Urban places such as the Silicon Alley, Multimedia Gulch, or Soho are adept at incorporating cultural knowledge, design distinctiveness, and fashionability into products or services. This is because these types of places draw upon the types of creative lifestyles necessary, such as talented video producers, chic advertising executives, and distinctive web designers.[26] On the other hand, we also see that these enclaves can be glocally connected in a much different way. For example, we sometimes see that there are extreme asymmetries that exist amongst the North-South relations in regards to multimedia. For instance, TV and Internet media provide a great deal of Anglo-Saxon content in developing nations as the US culture is extended through the growth of electronic connections.[27] We see this specifically with the Soho enclave. Their commitment to developing infrastructure that provides them with real time information with Hollywood and other North American multimedia services demonstrates this type of dependence. This is primarily because the local population demands it. Alternatively, we don’t see this same type of counter-dependence in the North American multimedia enclaves on Soho. This allows us to see the relationship between global and local relationships, as the concept of glocalization demonstrates that in achieving global objectives, the preferences of locality cultures must be considered. USE OF TECHNOLOGIES In considering the technologies that make the existence of these multimedia enclaves possible, it is important to acknowledge the industry’s evolution and development of infrastructure. Over the course of 20 years, the ICT industry has moved from having an insignificant presence to becoming one of the world’s fastest growing and potentially largest industries.[28] For example, Western Europe’s ICT industry accounted for 2 percent of Gross Domestic Product in 1984; this figure was expected to change to approximately 7 percent by 2000, with 60 percent of all jobs to be supported either directly or indirectly by ICTs.[29] In order to accommodate the rapid growth in this industry, a strong infrastructural foundation was required. As such, the technologies required by these cyber districts ultimately made use of the infrastructure laid out in the ‘Global Cities’ during the construction of financial enclaves, as discussed by Graham.[30] Furthermore, the tr aditionally used copper and coaxial cable links are increasingly being supplemented or completely replaced by optic fiber, wireless, microwave and highly efficient satellite systems. Cities are now being connected through giant lattices of advanced telecommunication links. More importantly, this connects the urban hubs together into the global electronic grid.[31] The connection between the local and global environments factors into our previous discussion of the everlasting need to connect and exchange with the rest of the planet. These grids provide the technological basis necessary for the flows of global telecommunication traffic, including transmissions such as voice flows, faxes, data flows, image flows, TV and video signals.[32] An important milestone to make note of is when the industry began to see interpenetration between the two existing networks of communication in these media enclaves: the traditional mass media, such as cable TV, and internet-based communication networks, such as websites. An example of this interpenetration is when the traditional mass media makes use of internet-based blogs and interactive networks in order to reach their target audiences.[33] The convergence of these two networks is a key strength that has allowed for the emergence of innovative multimedia enclaves to occur. In concluding the discussion on emerging enclaves of innovation in multimedia services, it is worthwhile to summarize. The major issues that present themselves against the emergence of these enclaves are primarily produced as a result of the gentrification process. This marginalizes the poorer citizens of the districts in question, and consequently, adds pressure on to the economic, social, and political environments of each urban place. Given that globalization necessitates, the services provided by these types of enclaves, and the benefits witnessed through the relationship between global and local cultures, it is vital for us to attempt to find a solution. As such, we begin to see a wide range of efforts by non-profit agencies, social movements, and municipalities aimed to extending access to ICTs to poorer, marginalized groups and communities.[34] This is not to rely on a simplistic ideal, or a â€Å"silver bullet†, that will serve as a solution to much more complex proble ms. However, it is a starting point that could begin to improve and potentially shorten some of the economic, social, and political gaps we see as a result of the development of these enclaves. The innovations achieved through these districts are undeniably in the best interest of society as a whole, however; consideration and care must be given to those individuals that are marginalized in the process. WORK CITED Castells, M. (2011).The rise of the network society: The information age. (2nd ed., Vol. 1). John Wiley Sons. Retrieved from http://books.google.ca/books?hl=enlr=id=FihjywtjTdUCoi=fndpg=PA1968dq=related:NCOsPP8QZtUJ:scholar.google.com/ots=l10pXWCS9Ysig=rTK_31NRi-n6v0pwhe_gBs9bYvA Gentrification. 2014. InMerriam-Webster.com. Retrieved March 16, 2014, from http://www.merriam-webster.com/dictionary/gentrifacation Glocalization. 2014. InMerriam-Webster.com. Retrieved March 16, 2014, from http://www.merriam-webster.com/dictionary/glocalization Gottlieb, J. (1999). Silicon alley..new york city. Retrieved from http://iml.jou.ufl.edu/projects/Spring99/Gottlieb/got.html Graham, S., Marvin, S. (1996).Telecommunications and the city: Electronic spaces, urban places. Psychology Press. Retrieved from http://books.google.ca/books?id=YNorjRJnVEMCpg=PA327lpg=PA327dq=Telecommunications+and+the+Citysource=blots=nnPRvam8Wjsig=ZxrMAa0beIJqa5cNq96BfWmXC44hl=ensa=Xei=q8AjU9zlHs2oqwHMmIGoDgved=0CGIQ6AEwBw#v=onepageq=Telecommunications%20and%20the%20Cityf=false Graham, S. (1998). The end of geography or the explosion of place? conceptualizing space, place and information technology.Progress in Human Geography,22(2), Retrieved from http://www.realtechsupport.org/UB/NP/IoT_ExplosionSpace_1998.pdf Graham, S. (2000). Constructing premium network spaces. International Journal of Urban and Regional Research,24(1), Retrieved from http://old.geog.psu.edu/courses/geog497b/Readings/Graham.pdf Graham, S. (2000).Bridging urban digital divides? urban polarization and information and communication technologies (ICTs). (Vol. 39). New York: Carfax Publishing. Retrieved from http://www.nomads.usp.br/documentos/textos/cultura_digital/tics_arq_urb/BridgingDigitalDivide.pdf Graham, S., Marvin, S. (2001).Splintering Urbanism: Networked Infrastructures, Technological Motilities and the Urban Condition. New York: Routledge. (Chapter 3, 91-136) Graham, S., Marvin, S. (2001).Splintering Urbanism: Networked Infrastructures, Technological Mobilities and the Urban Condition. New York: Routledge. (Chapter 7, 329-336) Indergaard, M. (2004).Silicon alley: The rise and fall of a new media district. New York: Routledge. Retrieved from http://books.google.ca/books?hl=enlr=id=k96SAgAAQBAJoi=fndpg=PP1dq=innovative enclaves multimedia centresots=tRvVaCTstOsig=hyiVFkjoMv8uppG9ttGTy33wVB0 Raine, G. (1999, October 31). Making sense of multimedia gulch. Retrieved from http://www.sfgate.com/business/article/Making-sense-of-Multimedia-Gulch-3060560.php Sassen, S. (2001).The global city: New york, Tokyo, London. (2nd ed.). Woodstock, Oxfordshire: Princeton University Press. Retrieved from http://books.google.ca/books?hl=enlr=id=PTAiHWK2BYICoi=fndpg=PR11dq=related:NCOsPP8QZtUJ:scholar.google.com/ots=BS-ErhSdN1sig=VbeYDBon1fqYmpGgIb5OsOJ54YQ [1] (Graham Marvin, 2001) [2] (Graham Marvin, 2001) [3] (Graham Marvin, 2001) [4] (Graham Marvin, 2001) [5] (Graham Marvin, 2001) [6] (Raine, 1999) [7] (Graham Marvin, 2001) [8] (Graham, 2000) [9] (Graham Marvin, 1996) [10] (Graham Marvin, 1996) [11] (Webster, 2014) [12] (Graham Marvin, 2001) [13] (Gottlieb, 1999) [14] (Graham, 1998) [15] (Graham, 2000) [16] (Graham Marvin, 2001) [17] (Graham Marvin, 2001) [18] (Graham Marvin, 2001) [19] (Indergaard, 2004) [20] (Graham Marvin, 2001) [21] (Graham, 2000) [22] (Graham, 2000) [23] (Castells, 2011) [24] (Webster, 2014) [25] (Indergaard, 2004) [26] (Indergaard, 2004) [27] (Graham, 2000) [28] (Graham Marvin, 1996) [29] (Graham Marvin, 1996) [30] (Graham, 2000) [31] (Graham Marvin, 1996) [32] (Sassen, 2001) [33] (Castells, 2011) [34] (Graham, 2000)

Lord of the Flies :: essays research papers

Lord of the Flies How does Golding show mankind’s inner evil? Do you agree with his assumption that man is basically evil? Lord of the Flies is a book written by William Golding, influenced greatly by the events in World War II, when the news of the Holocaust and the concentration camps were materializing. Golding was shaken at the terrible nature of war and what humans can do to one another, not referencing the Holocaust or other wartime crimes, but for humans to be unaware ably evil. The book, Coral island, by Robert Ballantyne in 1857, which was a book about three boys shipwrecked on a pacific island and their victory over their situations, also influenced Golding, and the character names are similar to those in Coral island, Deliberately, as Golding says. In the dictionary, the definition of Evil is that of morally bad or wrong, Characterised by anger or is malicious, Also one violating or inconsistent with the moral law. Golding introduces the theme that evil, as a destructive force in man, society and civilisation is present in us all. Golding used the beastie, described by the little uns to represent evil that is part of human nature. After dusk, they describe that the beast lurks in the jungle, hunting and it wishes to overcome them. By day, the ‘beast’ disguises itself as creepers that innocently hang among the canopy of the trees. The vines may represent human nature in the daylight of civilisation, but in the darkness in a new environment, their real predatory nature surfaces. The little’uns scream in terror at the burning creepers during the forest fire â€Å"Snakes! Snakes! Look at the Snakes!† this is said to be an allusion to the serpent in the garden of Eden, who stole innocence and brang civilization to its own physicality. Golding shows man’s inner evil many ways throughout the text, but one of the main ways he expressed this is through characters such as Jack and Roger. Jacks first appearance was with his choir which was thought to be a dark creature, but it turned out to be a ‘party of boys’ marching in time in two parallel lines and dressed in strange clothing, possibly referencing uniformed military, seen to be evil from the beginning. Jack’s warlike attitude is clear from the start as he volunteers his choir to be hunters and he also carries around a knife. Jack wanted to keep rules, and agreed that they all had to co-operate â€Å"I agree with Ralph.

Performance Management Framework Essay

Mr. Stonefield is starting his own business in Austin, Texas, called Landslide Limousine Service. One of the fundamental elements to building this new business venture is creating a framework for performance management. The framework must include necessary employee job skills, the methods used for measuring these skills, the process for addressing skill gaps, and the approach for delivering effective performance feedback. It is important to understand how the performance management framework (PMF) aligns to the organizational business strategy. Mr. Stonefield previously stated he wants to provide first-class transportation to his customers. His goals are realistic for the first year with an anticipated -$50,000 in revenue, and 10% turnover. The success of the business’s performance management will ensure there will not be any additional lost revenue, and turnover stays at, or under target. The goals set in place lay the foundation for the future of this company, and a clearly defined PMF will foster highly engaged employees and lead to continual revenue growth. It is imperative Mr. Stonefield’s employees have the necessary job skills to allow Landslide Limousine to achieve its goals and gain a positive reputation. A job analysis is â€Å"The process of obtaining information about jobs, including the tasks to be done on the jobs as well as the personal characteristics necessary to do the tasks† (Cascio, 2013, p.690). Mr. Stonefield has elected Atwood and Allen Consulting to conduct the job analysis process to identify the skills his employees will need. The job analysis process, or in this case, processes, have been identified, but additional time is required to act out these processes. The first process is observation. â€Å"The analyst simply observes a worker or group of workers doing a job. Without interfering, the analyst records†¦ Team Reflection: Performance Management In week 4 Team â€Å"D† reviewed and discussed the following information and how it applies to Landslide Limousine. Alignment of the performance management framework to the organizational business strategy, organizational performance philosophy, the job analysis process completed identifying the  skills needed by employees, methods used for measuring an employee’s skills, process for addressing skill gaps, approach for delivering effective performance feedback. Alignment of the performance management Aligning the structure of the performance management plan with the business strategy is a key element for its success. For Landslide Limousine Services, it was previously communicated that this strategy entailed providing first class transportation to its customers. Its prospective goals indicate a $50,000.00 first year net revenue, a 5% net revenue increase over the first few years, and a turnover rate of approximately 10%. In order to achieve the realistic goals set and for the business strategy to be met, you must consider what it would take to reach them. Understanding that employee loyalty will be an asset to the business is a good start. This means developing a flexible framework that expresses the company’s culture and shows managements’ commitment to developing a strong team of employees. Providing the right training opportunities is essential for meeting business objectives. Many companies just go through the motions of a performance management plan without fully evaluating the needs of the employees to develop their morale and commitment in return. In order to provide first class transportation to its customers, opportunity for development in this area with the proper guidance and encouragement will engage employees in the direction of the company’s strategy. Organizational performance philosophy Every business and its culture differ from one†¦ Introduction Creating a performance management framework ensures that Clapton Commercial Construction will achieve its business venture goals. A critical tool for a company is its performance management. It gives the employees an opportunity to succeed and for the organization to prosper. Outlined are recommendations that we here at Atwood and Allen consulting feel should be utilized to maximize the potential this company has. Performance Management For any business to be successful it is imperative that they implement a  performance management framework. This structure must be effective for the company to meet its goals and ensure that internal decisions are made based on the work performance of its employees. The performance management framework aligns with the business strategy because the structure is created based on the goals and vision of the business. Recommendations Clapton Commercial Constructions desire is to deliver quality top notch construction and customer service. A clear vision and realistic goals are needed to target areas of improvement. An effective performance management framework ensures consistency in reviews and brings the business success they are anticipating. It is recommended that Clapton Commercial promote growth by making sure that all employees are properly trained and feedback be analyzed from the employees and customers. The job analysis is an in-depth study of the position. It provides information for job descriptions (Job Analysis-Human Resources Management for Employers, 2011). We recommend that the employees be involved by completing a job analysis form, this is a way of collecting information about the work. Interview the employees by asking them specific questions about their job duties and make a list of the specific task performed. Also, identify the experience, education, and training levels†¦ PERFORMANCE MANAGEMENT SYSTEM ABOUT PERFORMANCE MANAGEMENT SYSTEM Performance Management involves the entire gamut of processes in identifying critical dimensions of performance – setting work plans against laid down objectives, reviewing the work done against indicators of performance and developing and enhancing competencies for improved performance. THEORGANIZA TIONAL GOAL PROVIDES THE PERSPECTIVE TO DETERMINE THE DEPARTMENTA L (REGION/ THEME/UNIT) GOAL WHICH IN TURN PROVIDES THE CONTEXT FOR AN PROCEDURE FOR EFFECTIVE PERFORMANCE MANAGEMENT SYSTEM An effective Performance Management System should be based on :a) Setting up Key Result Area (KRAs) for the Region/Theme/Unit/ Department b) Clarity of Individual Roles and Responsibilities c) Laying down Plans and Performance  Indicators for each position d) Periodic assessment of performance of the individual against such Plans/ Performance Indicators e) Identifying factors facilitating and hindering achievement of Plans – development of action plans for overcoming hindering factors and strengthening facilitating factors f) Periodic review of role incumbents’ behavior, which contributes to effective functioning and working out action plans for developing such behavior. g) Identification of role incumbents’ developmental needs and preparing plans for staff development through training and related activities. h) Implementation and review. HUMAN RESOURCE MANAGEMENT: PERFORMANCE MANAGEMENT SYSTEM PAGE STAGES OF MANAGING PERFORMANCE SYSTEM : 1. Identification of KRAs (Key Result Areas)  KRA(s) for the Organisation need to be identified and collectively agreed upon. The KRA(s) for the organization will be drawn out from the Country Strategy paper (2005-2010) which has evolved through a bottom-up approach, from consultations held with over a 1000 persons, with participation from the partners and communities AAI-India works with. KRA(s) for the organization will hold good for the†¦ Performance Management Plan Performance Management Plan HRM-531 March 17, 2014 Patrice Cloutier Mr. Stonefield, I am very happy to hear that you are considering a Performance Management Plan for your business expansion in Austin, Texas. As you may know there are sound organizational payoffs for implementing a strong performance management system. Study indicates that companies with a strong management plan is likely to outperform competitors by 51% on financial measure and by 41% on nonfinancial metrics. The performance management plan for the limousine operation with 25 employees, with a net $-50k revenue, with a growth of rate 5% for the first two years and expected rate of turnover of 10% should be straight forward. Here below I am presenting to you our recommendations for a very comprehensive performance management plan. (Cascio, 2013, P.332) The first step a business must consider is alignment of performance management to the business strategy. Once you have the vision for the Limo operation in Austin, identify the drivers or Key Performance Indicators to achieve the vision. The KPIs then can cascaded down to the functional areas then to individual level. The next step in the process should be of defining goals. The process of goal setting should be a collaborative process between a manger and the employee. Once the company wide strategy is established the strategy and the goals should be shared with each employee. This is a critical step in the process. One thing to keep in mind in goal development is that the goals should be specific, measurable, achievable and timely. Specific: Well-defined to inform employees exactly what is expected, when, and how much. Measurable: Provide milestones to track progress and motivate employees toward achievement. Achievable: Success needs to be attainable with effort by an average employee, with a bit of a stretch. Relevant: The goals should focus on the greatest impact to the overall†¦

Economics Commentary: Macroeconomics Essay

Areas of Syllabus your commentary relates to: Section 4: Macroeconomics Having experienced contraction from Q4 08 to Q2 09, the Canadian economy grew 5% in the fourth quarter of 2009, beating predicted forecasts. This growth was precipitated by consumer and government spending, as well as a growing housing market. There was also growth recorded in exports, with sectors such as the automotive, energy and industrial factoring into this. However, economists warn that for this growth to continue, issues such as unemployment and spotty aggregate demand must be addressed. Fiscal measures, meaning decisions made by the central governing body concerning taxation and government spending, have already been taken by the Canadian government, in the form of the fiscal stimulus package. This package has in it $12B in infrastructure spending, $7.8B meant to stimulate construction firms, $8.3 B for skills training and retraining, and several tax credits ranging from the home improvement ($1350/family) to lowered EI and income tax rates. Fiscal policy generally concerns itself with creating conditions of full employment, price stability and real GDP growth. Full employment, or an economic state where all eligible people who want to work can find employment at the prevailing wage rate, is important in achieving a state of maximum productivity in the economy. The current unemployment rate is 8.2%, above the generally accepted natural rate of unemployment. It has however fallen significantly, with a gain of 159,000 new jobs since June 2009. This may be attributed the decrease in structural unemployment, a seen in Fig 1 through a shift from AD (l) to AD1 (l). There mismatch in skills offered by Canadian workers and those demanded by firms has decreased on the diagram, perhaps through training programs. On the other hand, an increase in aggregate demand, caused by an increase in the disposable income of families may have also caused the increase in demand for labour as firms expanded or rehired laid off personnel. Price stability is also important for long term economic growth, because rampant inflation, meaning a steady and prolonged increase in the price level, is known to have several adverse effects. These include the extra costs caused by unsteady resource costs, and money losing its role as a medium of value. As the government injects more stimuli into the economy, the risk of demand pull inflation grows. Thus aggregate demand would rise; because of growth in the money supply, the price level would increase, as described by the short run equation of exchange, M=P. This increase in the money supply is provided by the Bank of Canada, and included as the Extraordinary Financing Framework in the government’s action plan. To avoid the aforementioned inflation, the Bank of Canada has several tools at its disposal. Raising the amount of reserve requirement is an interesting contractionary choice, so is raising the discount rate charged to major banks. These two together act to reduce the greatest inflationary obstacle, that is public opinion. Thus, as shown in Fig2, an increase in the interest rate results in a decrease in consumer demand for money. This decrease in demand would be useful in controlling inflation once recovery had occurred. However, in the present, the Bank of Canada is likely to concern itself with slowly increasing the money supply, and keeping a stable overnight rate. It is unknown whether the stimulus package is the cause of the rebound in the Canadian economy, this may have been caused by market forces. Additionally, the retraining programs are unlikely to have already decreased structural unemployment, as one of their major faults is the length of time needed to complete such a course. These so called time lags are problematic because once the retrained populace makes their way back into the labour market, 3-4 years may have passed, almost a full cycle of certain economies. As stated in the article, the Canadian recovery itself does not stand on stable ground, especially so given that a significant part of the EU is heavily in debt and America no yet out of its own recession, important, as 80% of Canadian imports are destined there. Whether or not the measures taken by the government with respect to stimulating the Canadian economy in the long run shall be successful remains to be seen. However, the average middle class citizen most likely has experienced the benefits of measures ranging from tax credits and reductions to funding directed to the industry they work in.