Porters 5 + 1 force model is an evaluation tool that is used in analysing the micro environment. It uses six variables (power of suppliers; power of buyers; threats of substitute products; threat of new entrants; intensity of rivalry and the recent addition “stakeholders”) to analyse the micro environment‚ so as to be able to create a representation of the general business environment as it relates to the organisation within its operating environment or industry. By using this model‚ it can become easier
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PO. BOX KITWE NAME: TIMOTHY NSHIMBI P.O BOX 20515 KITWE STUDENT NO.:09175202 PROGRAME: BBA3 COURSE: HUMAN RESOURCE & LABOR RELATIONS- BBA380 LECTURER: MR K.K.KAPIKA ASSIGNMENT :ONE DUE DATE:15TH SEPTEMBER 2012 Discuss the relevance of the Human Resource Management Department and the role that it plays in the organization. How developed is the Human Resource Management function in Zambian organizations from 1980 to date? Human resource management is the process of acquiring
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Change is essential to organizations especially in times when the environment around the organization is volatile or when in a new environment. Change usually affects three characteristics of an organization. These being individuals working in the organization‚ culture and processes. An organization can use strategic change approach to implement change in the organization or use tactical change approach. Tactical change approach is often used when the change envisioned is only short term.in this
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The strategic grouping concept is used in the grocery retail industry by managers and retail shop owners and researchers to not only develop a classification of strategy conducted in their industry but comparing over different time periods the competitive dynamics and evolution of an industry to be more clearly understood. It helps in creating more value for the customers and all stakeholders in that industry through the development of different strategic group market offerings. A strategic group
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|ORGANIZATIONAL CHANGE AND STRESS MANAGEMENT | LEARNING OBJECTIVES After studying this chapter‚ students should be able to: 1. Describe forces that act as stimulants to change. 2. Summarize sources of individual and organizational resistance to change. 3. Describe Lewin’s three-step change model. 4. Explain the values underlying most OD efforts 5. Identify properties of innovative
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1.1: Discuss models of strategic change. John P Kotter’s Model: Kotter’s refer leading model for considerate and managing transformation. Each step reflects people’s reaction and methodology to change. Kotter’s eight step model can be define as‚ 1. Generate Sense of urgency: Sense of urgency build importance of work and motivates people do work in a real way. Target is achievable before timeline and impact on production and profit. 2. Build the guiding team: Place competent people in their position
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Strategic management consists of the analysis‚ decisions‚ and actions an organization undertakes in order to create and sustain competitive advantages. This definition captures two main elements that go to the heart of the field of strategic management. First‚ the strategic management of an organization entails three ongoing processes: analysis‚ decisions‚ and actions. That is‚ strategic management is concerned with the analysis of strategic goals (vision‚ mission‚ and strategic objectives) along
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EMERGENCE OF 3G TECHNOLOGY AND ITS CURRENT RELEVANCE 3G: THE EVOLUTION Almost 10 or 20 years ago‚ we might not have imagined that mobile phones will become an integral part of our lives. I have a personal experience with a friend who recently lost her mobile phone. She basically uses her phone for everything from work such as sending e-mails to keeping touch with friends and families via voice and video calls. This incident has made her depressed and as she described it‚ it was as if she
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Introduction Organisations’ strategic issues are commonly analysed from different strategy lenses. Strategic lenses are a concept of strategic management. The lenses are different ways of viewing strategy development. It examines the flow of tasks and information‚ or how you get things done. Each lens reveals many different traits and qualities. Using the lens‚ one looks to optimize workflow to meet the goals and objectives of the company. This paper will cover four angles from which strategy
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NAME: Managing Change in Organisations ASSESSMENT NO: 1 OF 1 FOR THIS UNIT Full Name: RAHUL DESHMUKH 4 Intake: October’ 2008 Date issued: ____________ Date due: February 13‚ 2009 Date submitted: June 01‚ 2009 Assessor(s):_______________________________________ Learning Outcomes: 1‚ 2‚ 3 Unit outcomes Outcome Evidence for the criteria Feedback Assessor’s decision Internal Verification 1 Explore the background to change affecting the current organisation (2.1) • discuss
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