HKU763 PREETI GOYAL PEOPLE MANAGEMENT‚ THE MANTRA FOR SUCCESS: THE CASE OF SINGHANIA AND PARTNERS It was 9:15am on 25 April 2006. An article published in that day’s Economic Times‚ a leading Indian financial daily‚ had attracted the attention of both Mr Ravi Singhania and Ms Manju Mohotra. Singhania was the founder and managing partner of Singhania and Partners‚1 one of the largest full-service national law firms in India; Mohotra was its chief executive. The Indian legal services industry
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PEOPLE MANAGEMENT‚ THE MANTRA FOR SUCCESS: THE CASE OF SINGHANIA AND PARTNERS PEOPLE MANAGEMENT‚ THE MANTRA FOR SUCCESS: THE CASE OF SINGHANIA AND PARTNERS PROBLEM STATEMENT Singhania Partners need to structure such a people management system such that not only they can overcome the high attrition rate but also tackle the situation of increasing competitors due to liberalization of economy. PEST ANALYSIS Political Factors Under Indian Advocates Act of 1961‚ foreign law firms
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make precise decisions at the right times and build up the appropriate strategies to achieve organizational goals. That is to say strategy is undoubtedly crucial for organization’s success‚ so what is strategy? Strategy refers to the plan of action that prescribes resources allocation and other activities for dealing with the environment and helping the organization attain its goals. As can be seen‚ environment is what strategy has to deal with‚ thus‚ it is worth considering carefully. In this assignment
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Motivation and Empowerment Evelyn Hamilton‚ Aaron Pobleh and Regina Taylor CJA/474: Managing Criminal Justice Personnel November 26‚ 2012 Instructor: Pam McIver The term motivation and empowerment is a universal concept that is hoped to work towards the good of any organization. Motivation and empowerment does not come from rewards to employees but instead‚ recognition‚ responsibility and advancement. Leaders who are effective in motivating and empowering their staff have acquired a great achievement
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Strategy is fundamental in an organization’s overall performance. The strategy selected depends upon numerous factors. The environment has a direct influence on the relationship between strategy and performance. The combination of several factors contributes to the strategies chosen and influence the performance of an organization. The current dynamic and competitive business environment influences companies to survive‚ grow and be profitable as an essential goal for all industries. Organizations
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EVALUATING BUSINESS STRATEGY* Richard P. Rumelt November 28‚ 1993 trategy can neither be formulated nor adjusted to changing circumstances without a process of strategy evaluation. Whether performed by an individual or as part of an organizational review procedure‚ strategy evaluation forms an essential step in the process of guiding an enterprise. For many executives strategy evaluation is simply an appraisal of how well a business performs. Has it grown? Is the profit rate normal or better
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DQ # 3: What factors should you consider in determining an organization’s goals? Top-Managements are responsible to set goals and pass down to each divisional area or managers. Inside of the organization‚ the goal is real and not stated; which is the goal that many companies use outside of the organization. For instance‚ in my workplace the “stated goal” is; “Deliver the best programming for Latino Community and keep them well informed and bring them the most entertaining programming in the
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Globalization & Strategy Globalization is a process of interaction and integration of different nations that is sped up by technological progress such as the internet‚ communication‚ advanced mode of transport especially air travel as well as the growing number of non-English speakers mastering English language. Strategy is a direction or scope of an organization through its configuration of resources within a challenging environment to meet the needs of markets and to fulfil the stakeholders’ expectations
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Arundel Partners: The Sequel Project The maximum per-film price for the sequel rights that Arundel Partners should pay is $5.12M. If Arundel Partners were to use the traditional DCF methods to find the value of the sequel rights‚ the NPV would be -$8.42M loss per-film (see Appendix 1). Calculation Details We assume that Arundel Partners will purchase a portfolio of films similar to one used in the analysis. The average hypothetical net inflow of the sequel ($21.57M) is used to figure out the value
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Rebecca Lamb Jessica Avalos Leah Anderson Stonemor Partners LP Stonemor Partners’ primary sources of liquidity is cash flow from operations and amounts available under their Credit Facility. In the past the company been able to increase their liquidity through long-term bank borrowings and the issuance of additional common units and other partnership securities‚ including debt‚ subject to the restrictions in their Credit Facility and under their senior secured notes. The
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