This inspiring setting of which I aim to contribute by developing significant and optimum solutions to various problems of Business management. Consequently, my aim is a career in the global business in which I could progress methodical methods to business management. To realize my career objectives, I need to learn much more about current developments and techniques in various aspect of business management functions including but not limited to financial, marketing, information technologies and applications and obtain practical experience in related field. An EMBA Degree will offer me with academic understanding with intense idea of real-world methods in helping executive decision-making and research skills to permit me to progress a proficiency in the fundamental capacities of management strategies and international corporate operations. I would like to probe specific problem areas such as the application of quantitative analysis to understanding various issues in global finance and improving decision-making and effect of increase in global communications on international finance
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
The Heart of the Matter states that these nations “ are now aggressively promoting them, because they have concluded that the cultivation of the imagination through the study of literature, film, and the other arts is essential to fostering creativity and innovation”. The intercultural skills provided by the arts and humanities are extremely essential for an internationally focused nation that wants to exceed in the business world due to the many skills it
The adoption of CSR strategy is also another drive factor for companies as it is perceived a way to gain competitive advantage. Those two aspects are strongly connected and the role of the supply chain in CSR strategies is vital (Blowfield & Murray, 2010). Companies which have not only adopted CSR actions but have highlightened them as a core factor of their long-term strategic planning may find complexities to uphold their social and enviromental standards to the whole value chain.The key issues that must be solved in the supply chains to support the firm’s CSR strategy are: • The partnership companies have with their suppliers: Companies, likeTesco, must collaborate more closely with their tier suppliers without underestimating the controlling them to esnure that sustainable ethics and actions are applied. • Particularly, for the transportation/distribution sector, the reduction of fuel emissions can be achieved by achieving a successful perfomance of lean supply chains, with organized distribution plans which will minimize the
It was a good opportunity to work on the skill of patience, as a large number of outlets were to be dealt with. It helped in developing the kind of relations one needs to uphold in the corporate world and it helped in building up the right attitude. As all the points in the above mentioned paragraph, are the must-have skills for anyone inthe field of Marketing and Sales, the training period was a good experience and a good stepping stone into the real business world. As a future line of research, the Marketing and Sales could offer projects like’ Analysis Impact of advertisements on the Sales of a particular
Purham Sidney 1 Customer Relationship Management is a major important key to the success of any business, company or organization. The case study Dow Corning and DirecTV discuss how the role of customer relationship management provides many avenues and is a strategy formula designed to build a better understanding their customers needs while also improving the relationship between the service provider and the service subscriber. The implementation and the use of this technology serve as a tool to build a better, stronger relationship with current as well as new potential customers. When business and companies use customer relationship management to gain a competitive advantage by understanding consumer preferences and individual customer purchasing habits. To summarize the case study in my own words are that the use of customer relationship management within the Dow Corning’s sales and marketing group to provide excellent customer service while recording valuable information about their customers to gain an understanding of their customer 's needs, wants and to provide new ways to better serve their customer base.
As we are going to use the Human Resource Practices as an independent variable so there is a discussion about it. The Human Resource Management practices consist of the process of recruitment & selection, process of skills development, performance appraisal activities as well as development of human resource policies, and keeping of human resource records within the organization (Kotey& Slade: 2005). The past research shows that HRM Practices play an important role to increase the productivity of the organization by developing the skills and motivation level of the employees. HRM practices play a vital role to attain the business objectives through well-established strategies of the innovation or technical expertise of the workforce in the
Analysing the Impact of Knowledge Management Processes on TQM Development (The case of ISO-9001 QMS Certified Industries) Abstract –– Organizations have been recognizing Total Quality Management (TQM) and Knowledge Management (KM) approaches for gaining competitive advantage and improved performance. The idea that both approaches have great influence on an organization’s strategic competence has drawn substantial attention. In recent times, KM has been widely accepted and become one of the most important initiatives for business success. The primary objective of this study is therefore, to explore the relationship between existing knowledge management practices and the recent development of total quality management initiative. The study
II. The Present Scenario Management education denotes those activities traditionally conducted by colleges and universities that focus on developing a broad range of managerial knowledge and abilities (Mamun & Mohamad, 2009). Business education prepares students to learn the basis of thinking critically, communicating effectively and managing small and large enterprises so that they can serve society in a successful and socially responsible manner (Cavico & Bahandin). Liberation, Privatization and Globalization (LPG) initiated an exponential growth of management education that replaces traditional approach with a more efficient professional approach. In addition to this, Information Communication and Technological (ICT) development has made
The main destination of this paper is to show the great importance of knowledge as a vital resource for businesses and individuals. Most business processes are prospected through knowledge management, the real challenge is developing a system of knowledge management in companies. Peter Drucker stated “We now accept the fact that learning is a lifelong process of keeping abreast of change and the most pressing task is to teach people how to learn.”, Peter’s statement clearly shows that learning and obtaining knowledge is significant to the individual growth as it helps in developing their awareness and advances their intelligent, which is one of the conclusion of this report search. There are many ways for obtaining knowledge and creating it.