Introduction In response to the growing diversity in the workforce around the world‚ many companies have instituted specific policies and programs to enhance recruitment‚ inclusion‚ promotion‚ and retention of employees who are different from the privileged echelons of society. The privileged groups may vary from one country to the next. The workforce of the world is a dynamic environment‚ and in order for this dynamism to be put to use for the benefit of organizations‚ they must develop an effective
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Michael Porter in his article “The-competitive-advantage-of-nations-(1990)” discusses how a firm or a region can build competitive advantage and strategy. Porter argues that Competitive advantage is often not an outcome of favorable factor and macro-economic conditions as classical economists insists. A nation’s competitiveness depends on the ability of its industries to innovate. Porter introduces the concept of “the diamond of national advantage” - a system that some nations establish for its industries
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Nokia Smartphone Strategy Nokia is a world renowned telecommunications corporation that connects over 1.3 billion people. Nokia’s mission is simple: Connecting People. Their goal is to build great mobile products that enable billions of people worldwide to enjoy more of what life has to offer. The company started out producing wood pulp and paper‚ the most influential communication technology in history‚ in Finland in 1865. By the 1960’s Nokia is a booming business with large production of rubber
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es NOKIA WEAKNESS The state or quality of being weak is the definition of weakness and therefore any organization‚ company and even people do have weakness. Therefore Nokia as a company does have it own weakness and the weaknesses are as follows. - Nokia fired a number of R&D employees in order to cut costs as of just weeks ago (Pepin G. 2009). As of that it will probably have effect on short run margin or long run margin. - Some of the products are not user friendly; if the customers face
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Diversity Management Plan The importance of a diversity management plan is to show the public‚ employees and stakeholders that they have committed their company to follow a plan that will allow them to manage the diversity within the company. Employees want to work for a company that recognized and respects them as being different and contributing to the workplace diversity. The public wants to support a company that has a program in place‚ where they know that the staff are being treated equally
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Nazeer Hussain University Operations Management Assignment No: 1 Topic: Mission Statement Faculty: BBA Semester: 3rd Submitted To: Ms. Qanita Submitted By: Rabia Siddiqui Date: 23rd Mar 2015 Mission Statement of Nokia: Nokia Corporation defines its mission to connect people through mobile phone technology and quotes its mission statement as follows; “Our strategic intent is to build great mobile products our job is to enable billions of people everywhere
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Case study: Finland and Nokia 1. How was Finland able to move from a sleepy economy to one of the most competitive nations in the world by the end of the 1990’s? Finland was considered a sleepy country even after their independence from Sweden‚ depending its economy mainly on the Soviet Union by exporting its natural resources. Finland however slowly but constantly developed its economy up to the OECD average‚ following the models of its Nordic neighbors to invest highly in social welfare and
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Abstract Diversity in the workplace is one of the most critical challenges facing organizations today. For this reason‚ numerous articles‚ books‚ workshops‚ training programs‚ and college courses provide an abundance of information on understanding and managing diversity as a success key to be competitive in this complex world of business. Attitudes towards cultural diversity will influence the performance of cross-cultural teams and it is obviously that companies had to be prepared to act in
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Gordon (Chapter 2) indicated that diversity management presents a challenge to organizations. Gordon denoted that diversity management is a deliberately driven process that emphasizes building and developing skills and competences‚ and generating policies that address the changing emerging population dynamics of the workforce and patient population in the health care system. He cited research studies that have indicated that the American workplace is becoming increasingly diverse and that leaders
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Policies in Management Diversity at Denny’s Denny’s Corporation is a franchisee-owned‚ full-service restaurant chain‚ which operates over 1‚000 restaurants through out the world (Nichols‚ 2012). A major instances caused to Denny’s progressive enlargement in 1993 when two class-action lawsuits for discrimination where filed. The lawsuits were accusing Denny’s for repeated civil rights violations‚ primarily against African Americans (Mor Barak‚ 2011). Among many discriminatory acts‚ Denny’s has
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