This will assist me in making me gain business leadership and management skills which I believe play an important role in my organization. To be engaged in high-level challenging business management has always been my long term professional goal. A challenging profession is what I am most
First, the curricula in marketing specialization, such as Strategic Marketing, Brand Management, and Marketing Research are just what I need to learn. The Brand Enterprise provides the opportunity to explore case studies of real marketing challenges faced by the top companies. In addition, the entrepreneurship specialization offers many appealing courses, such as Industry Analysis and Competitive Strategy and Financing Business Ventures, which can help to build me the founder competencies to realize my long-term goal. In addition, I am quite interesting in the venture challenges provide by entrepreneurship specialization, a great opportunity to immerse myself in the real business case identification and evaluation. The MIN-Corps in the Holmes Center offers an incubator for the innovative start-up.
outcome and feedback loops to redirects to strategic and operational issues. In successfully Team based organization the complete focus is not only on teams but also highlights the essential role of the managers. Form a strategic vision: Rapidly growing technology and global competition are making the organizations implement new ways to gain competitive advantage. In this new technological era one company masters a new technology and the other company makes the technology advanced. So there is need to catch the flexible changes in the market to meet the customers’ expectations which is essential in drafting organizational strategy.
At this point of my career, I consider graduate major in Engineering Management as an important component of my professional education. The education of management fundamentals fused with concepts of engineering will empower me to apply my skills in delivering high-quality business practices. It will also help me to develop a broader perspective of business and enrich my analytical skills in order to be efficient in the corporate world. A graduate degree in Engineering Management will allow me to assimilate the requisite skills necessary for managing project teams that consist of professionals with diverse technical and cultural backgrounds. Taking into account my undergraduate education and professional work experience, graduate major in Engineering Management is definitely the next best step for
RODUCTION Achieving a competitive advantage position and enhancing firm performance relative to their competitors are the main objectives that business organizations in particular should strive to attain. A well designed organizational strategic plan and strategic human capital plan is essential. Raduan C. et al (2009) contends that Strategic planning helps determine the direction and scope of an organisation over the long term, matching its resources to its changing environment and, in particular, its markets, customers and clients, so as to meet stakeholder expectations (Johnson and Scholes, 1993). The business environment is constantly changing and being associated with
For the same reason, the use of different types of strategies in high performance organizations has become the commanding aspect of gaining competitive advantage for global companies. Broadly, the utilization of various truthfully strategy implementation strategies depends on the evaluation of content based and process based approaches during the formation process of strategic action. These approaches come up with planning and learning schools. Planning truthfully strategy implementation, which is leading
Jim Collins in Built to Last states that "Maslow's profound concept of self-actualization could generate a Copernican Revolution of work and society, catapulting us out of what future generations will look back on as the dark ages of management" (Eu.wiley, 2000-2014). The goal setting theory is also a useful and practical management tool as it provides management with a framework to manage that involves goal setting and the clear communication of those goals to all concerned. Goal setting is not only essential to getting things done it is also vital to the economic success of a company. It is a good way to monitor the efficiency and effectiveness of work progress and to assess employee performance and provide feedback. According to Edwin Locke “goal-setting is more appropriately viewed as motivational technique rather than formal theory” (Huczynski,
One of the new patterns in Knowledge Management (KM) is emerging from its relationship with advancement. In today's exceptionally focused business world, innovation is said to be the key variable that has the capacity drive companies or organizations to make esteem and compete worldwide opponents. As indicated by Pei (2008) that Knowledge Management highly emphasizes on the arrangement of knowledge to increase competitive benefit and innovation obliges information of knowledge to make new services or products, technologies, and/or managerial systems. It is subsequently sensible to say that knowledge management is relied upon to create the wellspring of knowledge that is vital to help innovation. As to this, it is critical to comprehend and
This result in more attention and developments on the human resource management strategies to engage in significantly improved factors in several international firms (Francesco and Gold, 2005). Several academic researchers such as Tietjen and Myers (1998) have indicated how influential human resource management strategies can be. Schwartz and Bilsky, (2008) required that human resources to business can bring important values, different from machinery, employees carry valuable knowledge which can guide firms to the road of successes. Therefore a powerful and effective human resource management strategy can make companies to survive in this modern competitive business
That the reasons why OB plays a significant role in business. More importantly, Mr. Hoang also instructs me how to apply the knowledge gained through this course for enhancing my personal development. The first valuable knowledge is that how to communicate with other people effectively. The second precious lesson is how to create a positive organizational culture. The final lesson is created positive emotions and moods are extremely crucial to improve the general performance.
Task 1 LO1. Be able to negotiate industry experience in the business or job and address the following P1.1 Research and evaluate suitable organisation that could provide industry experience Transport industry is a greatest industry that has helped many develop skills such as management, planning skills, the ability to think logically, good leadership and motivational skills, good geographical knowlege and team work. Good leadership skills are essential for a career in the transport industry. The internship program presents a great career entry opportunity as the candidate will have the change to demonstrate his expertise by solving complex tasks and implementing own ideas. One of the practical experiences that assist in bringing together more theories and practical knowledge is called placement.