You are at a top management role of a certain organization. Since Myanmar economic condition is changing rapidly into competitive environment‚ your Organization needs to upgrade and expand the business. You are required to review your personal and professional skills needed to achieve strategic goals. Task-1 Evaluate your personal1 and professional skills2 required to achieve organizational strategic goal3 of your chosen organization4. Model Answer for Assignment 1 Format : essay Type
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limited Innovation Audit See the gaps in your innovation and develop plans for new products‚ services‚ processes and cost savings. Below is a summary of the Audit we recommend and can conduct. The full Audit varies dependent upon the organisation. Key Issues There are hard and soft factors that will determine how innovative an organisation is. Those key factors: • CEO and Board Commitment • A Learning Organisation ie being open‚ adaptive and forward thinking • A culture that encourages innovation • It
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Sustaining Competitive Advantage: Cargill as a Case Study Introduction Cargill is an international producer and marketer of food‚ agricultural‚ financial and industrial products and services‚ with considerable economic influence around the world. The company was founded in Minnesota‚ U.S.A. in 1865‚ and currently employs 160‚000 people in 68 countries‚ Cargill (2009) <http://www.cargill.com/>. Cargill is the United States’ largest privately held (85% of shares held by Cargill and MacMillan
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Chapter 2 Sources of Innovation SYNOPSIS OF CHAPTER In this chapter consideration is given to the role of creativity as the underlying process for the generation of novel and useful ideas. Individual creativity is considered to a function of intellectual abilities‚ knowledge‚ thinking styles‚ personality traits‚ intrinsic motivation and environment. Firm creativity is more than the sum of member creativity. Firm creativity is also a function of the organizational structure and the strategic
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providing the right incentives and jog environment-with the overall aim of helping achieve organization goals. Therefore‚ human resource management is more strategic. When the industry is getting expanded and organizations are becoming competitive they try to use HRM as a tool to make the necessary changes to over come this competition. The following can be shown as the role of HRM in a modern competitive organization. To develop flexible human resources that will effectively respond to change. To motivate
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How to Keep Your Organization Fresh and On the Cutting Edge Malynda Burdett‚ BSN‚ PHN HRM 531 April 3‚ 2013 Professor Antonio F. Vianna How to Keep Your Organization Fresh and On the Cutting Edge Introduction How does a growing organization keep the beat‚ stay on top‚ and maintain an edge above the competitor? By analyzing the benefits of hiring employees from an external milieu‚ the reader will have a better insight to the advantages of this endeavor. This graduate student will discuss
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is very important to our everyday activities. Several definitions have been given by different writers on what planning is all about and its importance to achieving our objectives. It is amazing how current organizations are taking this part of human resource important‚ this is so because most managers have started releasing the value of human resource planning in organizations. Organizations that do not plan for the future have less opportunity to survive the competition ahead. This article will
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Innovation & Entreprenuer Track One Innovation is the key element in providing aggressive top-line growth‚ and for increasing bottom-line results ---- Davila et al. (2006) note A typical strategic alliance(a formal relationship between two or more parties to pursue a set of agreed upon goals or to meet a critical business need while remaining independent organizations.) formation process involves these steps： * Strategy Development: Strategy development involves studying
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Title of Modules: Managing change in organizations‚ HR Policy‚ Development and HR Management Description: Cadbury’s Ltd‚ the popular British chocolatier is taken over by Kraft Inc‚ a US processed cheese manufacturer to form the new Kraft- Cadbury Plc. It is observed that this take-over impose significant change to both structure and operations. Considering the available public domain information from press media‚ perform a thorough analysis and submit a word processed management report considering
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HUMAN RESOURCE MANAGEMENT What is Spirituality? The term spirituality or being spiritual is being used quite frequently these days‚ but what exactly does it mean and how does it relate to life? Many people like to tell others they are a ’spiritual’ person probably to let them know they are not materialistic or superficial and that they ’get it’. That’s fine if we all understand and agree on what we’re talking about. Traditionally being spiritual signified having an attachment to religious values
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