Supply chain activities transform resources, raw materials and components into finished products and services that are delivered to the customers. According to Chapman (2011) supply chain involves an organization outsourcing a number of activities involving operations and support services that are deemed not core to the business to an outside company. These ranges from transportation services, cleaning services, communications and manufacturing and might occur in different parts of the world. Experience has shown that managing the supply chain in an increasingly global competitive environment has proven to be quiet challenging due to uncertainties in supply and demand, globalization of the market place, rapid changes in technology to name but a few. These have resulted in higher exposure of risk in the supply chain
In the world, people have many hobbies and interests, being a car enthusiast is one of them. There are many stereotypes and misconceptions against car enthusiasts due to the lack of knowledge non-car enthusiasts have. Being a car enthusiast is not only admiring cars, but also having an interest to do what you want to with your car, such as driving. Whether you want to drag race, race on the track or go off roading, a true car enthusiast sees the beauty in cars whereas other people would just see a normal car. Car enthusiasts find the beauty in cheaper cars where they could mod their car to their desire.
The RBV has been criticized for ignoring factors surrounding resources, instead assuming that they simply “exist”. Considerations such as how resources are developed, how they are integrated within the firm and how they are released have been under-explored in the literature. Dynamic capabilities attempt to bridge these gaps by adopting a process approach: by acting as a buffer between firm resources and the changing business environment, dynamic resources help a firm adjust its resource mix and thereby maintain the sustainability of the firm’s competitive advantage, which otherwise might be quickly eroded. So, while the RBV emphasizes resource choice or the selecting of appropriate resources, dynamic capabilities emphasize resource development and renewal. This theory is applied to explain the phenomenon of strategic management renewal orientation.
It is quite difficult for new consultants to expand themselves internationally. Taking up the offer letter but not joining There are candidates who appear in the interview when they are called up by the new recruitment consultants but later they don’t join the company even after getting the offer letter. This badly affects the name of the consultants and hence they should be careful in this approach of candidates. Candidates have high expectation Candidates offer a long list of expectation that the new consultants find hard to meet. They have limited resources through which they are trying to place the candidates, so if they come up with some unexpected demands then it proves to be big challenge for
This problem requires enhancements in a bank. To resolve this issue, the study recommends some actions like: 1. IT managers should be involved more while create business strategy 2. Consistent and periodical communication between IT leaders and business leaders will build close relationships and make them understand the objectives of both departments 3. The business plans should be more flexible to allow new opportunities to be presented by bank Information technology tasks appear to now not deliver what they may be meant to; IT and business managers appear to lack a clean understanding of each other, and eventually the desired assets are allocated inappropriately.
Ans:Enterprise Resource Planning (ERP) system began in the last century. While great progress has been some bumps in the road. Since the beginning of the year, with the software business processes, it is known today, was the purpose of these tools to help companies operate more efficiently. The one that started it all Enterprise Resource Planning is born from its predecessor, Manufacturing Resource Planning (MRP). In the early days, in 1960, MRP refers to the planning of production requirements.
Facilities management is an emerging discipline and forms a major component of the real estate and construction industry. Its roots lie in the custodial role of a building largely concerned with operational issues of maintenance, cleaning, and tenant’s security, Artkins & Brooks (2005). FM owes its origin to the growth of office administration, bringing together large groups of people into buildings. Tucker & Pitt (2008) are of the view that the origins of facilities management can be traced to an era of scientific management and the subsequent explosion in office administration in the early 1900s. The main catalyst in the 1960s towards FM is said to be that of the introduction of computers in the workplace.
QUESTION A1 (a) How can portfolio model help IS/IT strategic planning in terms of reaching a consensus among executive managers, line managers, and IT management? Suggested Answer Portfolio model visualises the role and importance of systems in organisations. Managers and technical experts can find it easy to organise their discussions and share their perspectives. An exchange of view should help establish the consensus. (5 marks) (b) Describe Strategic, Key Operational, High Potential, and Support classifications of applications in IS/IT portfolio.
7. TNI based on Extended hierarchy of needs- While studying on the research area it has been observed that, most of TNI are based on motivation theory directly and indirectly. From the discussion with HR executive came to know that effectiveness of training on performance of employees could not judge properly until the right consideration of TNI. If industry fail to identify training need it will miss-track the programs and ineffective output may generate. TNI is the process where organization can understand employee’s needs and wants.
Project Context The use of Human Resource Management Information Systems has been advocated as an opportunity for human resource (HR) professionals to become strategic partners with top management if Saint Michael College of Caraga. The idea has been that HRMIS would allow for the HR function to become more efficient and to provide better information for decision-making. The question remains whether HRIS has fulfilled its promise. In its most basic form HRMIS is a system used to acquire, store, manipulate, analyze, retrieve and distribute pertinent information about an organization’s human resource. It is often regarded as a service provided to an organization in the form of information.