ORGANIZING EFFECTIVE TEAM WORK IN THE MARKETING DEPARTMENT Prepared for Stephen Richardson‚ Chief Executive Officer Jan and John Smith Company Prepared by Daria Gutnik‚ Analyst Human Resource Department Jan and John Smith Company December 1‚ 2010 CONTENTS PAGE Executive Summary………………………………………………………………………………iii Introduction………………………………………………………………………………………..1 The Importance of Well-Organized Team Work………………………………………………….1 Causes of Unsuccessful Team Work of the Marketing
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CHALLENGES IN MANAGING MULTICUTURAL TEAM Multicultural groups offer various favourable circumstances to global organisations‚ including profound knowledge of distinctive market products‚ culturally sensitive customer service and 24-hour work shifts (Kristin et.al‚ 2006). However those preferences may be exceeded by issues coming from cultural contrasts‚ which can genuinely impede the competence of a group or actually bring it to a stalemate. Multicultural teams have gotten to be more normal
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integral process within an organisation where data from several sources are processed and integrated to manipulate projections for different departments. Finance develops a long term forecast to evaluate the investment needs and capital; Marketing develops a mid-term forecast projecting sales; Operations produces a forecast to make decisions on short term scheduling‚ inventory management and long term capacity planning and Human Resources uses the forecast to evaluate personnel needs. Though each
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Discuss the challenges of managing global/ multicultural teams in organisations. In order to answer this question I first intend to discuss a number of cultural differences that can cause problems for managers of global and multicultural teams. I will then go on to explain one of Hofstede’s models‚ known as the five dimensions of cultural differences which takes into consideration the underlying factors that can also create problems in multicultural teams. Lastly I will discuss different ways in which
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EVALUATE THE WORK OF THE WTO. The WTO (World Trade Organisation) is an international body dealing with the global rules of trade between nations. The function of the WTO is to ensure that trade flows as smoothly‚ predictably‚ and freely as possible. The WTO members now account for over 97% of the international trade indicating that there is no other international organisation whose policies and actions have as wide an economic and social ramification and impact as the WTO. Decisions in the WTO
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industry is the supermarket sector. The assignment is going to be focusing on Tesco’s due to it being the market share holder in the sector. Tesco have branched out into a wide range of markets ranging from banking‚ food‚ petrol‚ and clothing. However this assignment will focus on food and services. The first part of the assignment will look at Porters five forces‚ followed by porter’s generic strategies. The last part of the assignment focuses on three aspects being methods of growth due to Tesco growing
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Managing and leading are two different ways of organizing people. The manager uses a formal‚ rational method whilst the leader uses passion and stirs emotions. William Wallace is one excellent example of a brilliant leader but could never be thought of as the manager of the Scots! Managers think incrementally‚ whilst leaders think radically. "Managers do things right‚ while leaders do the right thing." . This means that managers do things by the book and follow company policy‚ while leads follow
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In the present society‚ the whole world ’s economy is composed by numerous companies and organisations. The managers are considered imperative to the operation of a company since they have to plan‚ organise‚ lead and control the whole organisation‚ in order to ensure the healthy operation of the whole company. "A manager is someone who coordinates and oversees the work of other people so that organisational goals can be accomplished. "(Robbins‚ Berman‚ Stagg and Coulter 2008‚ p. 8) In general‚ the
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Critically evaluate the relevance of the contingency approach to managing on the managerial work of the manager you interviewed. Jane Smith is the Director of Human Resources and Operations of a mid-sized (approx. 700 staff)‚ ASX listed‚ insurance and wealth management firm – XYZ Wealth (pseudonyms have been used to respect the privacy of both the HRD and the firm involved). XYZ Wealth operates across Australia‚ with the management team based in Melbourne. Jane directly leads a team of seven
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Managing Teams Work team- Jhon & Duglus Define as “work team as small number of people ‚with complementary skills who are committed to a common purpose‚ performance‚ goals &approach for which they hold themselves mutually accountable. Benefits- Improved decision making Improved performance Improved quality Increase flexibility Reduced labour cost Lower employee turnover Greater service efficiency Facilitation of change Characteristics- Small size Dedication to common
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