This assignment, you will compare and evaluate risk management techniques from experts in the field. Go to the Ashford University Library and find one article by Dr. James Kallman. Dr. Kallman, an expert in the field of risk management, has written many articles on managing financial risk. Find a second article in the Ashford University Library from another credible author of your choice who also provides recommendations for risk management.
Develop a three- to four-page analysis (excluding the title and reference pages), of the techniques Dr. Kallman has identified for managing risks. In this analysis, compare Dr.Kallman?s techniques to the techniques recommended in the second article you researched. Explain why you agree or disagree with each authors? recommendations. Describe other factors you believe should be considered in risk management. The assignment should be comprehensive and include specific examples. The paper should be formatted according to APA.
You must cite at least two scholarly sources, in addition to the text, from the Ashford University Library, one being an article by Dr. Kallman. Cite your sources in-text and on the reference page.
Day: April 24, 2018
Purpose of Assignment
The Week 4 individual assignment is the second part of a three part strategic management plan for the company selected by the student in Week 3. The purpose of the assignment is for students to establish long-term goals and objectives; indicate, specify and discuss strategies; and investigate, consider and describe specific business strategies including vertical integration and strategic alliances, to achieve competitive advantage in the industry. The student also GENERATES an appropriate organizational chart in alignment with the stated strategies.
Weeks 3, 4, and 5 Individual Assignments are integrated to generate a Strategic Management Plan. This is Part 2 of the three part Strategic Management Plan.
Assignment Steps
Write a 1,050-word report on the company you selected in Week 3, following up on the Individual Assignment of Week 3 (Environmental Scanning), and address the following:
Establish Long-term Goals and Objectives
Strategy Formulation.
Indicate the markets that the company will pursue.
Specify the unique value the company will offer in the selected markets.
Discuss the resources and capabilities that are required.
Analyze how the company will capture value and sustain competitive advantage over time.
Business Management Strategy
Consider Cost and Differentiation Advantages.
Describe the Corporate Strategy.
Investigate Vertical Integration.
Describe Strategic Alliances.
Detail the Company Competitive Advantage.
Generate an Organizational Chart of the company you selected.
As the Human Resource Consultant, Michele is looking to you to creatively solve a complicated problem with employment and labor law by determining the best method(s) based on her situation. She is familiar with employment and labor laws but is unsure if she is legally compliant. After all, there are so many laws to consider. She has a few questions about being compliant:
As a small business, is she required to offer FMLA? She previously had an employee request FMLA but Michele denied it citing the business was a small business. What’s the impact?
In the warehouse, her employees don’t like to wear the company-issued back belts and safety GLASSES. Michele thinks this is okay since it’s the employees who are refusing to wear the items.
Michele needs help with other legal requirements – is she legally required to offer health insurance (and how much), can her employees work more than 60 hours per week (paid), and does she have to offer accommodations for employees with disabilities?
For this project assignment, you will need to conduct research.
Visit the school library online Library and search for a minimum of four articles covering the topics of FMLA and workplace safety. Conduct academic research using the library’s databases, like:
Discovery
ASP: Human Resource Management Online
Business Source Complete via EBSCO
Business via ProQuest
In the databases use basic search languages (controlled vocabulary/keywords) to determine employment and labor laws specific to this situation. Then, refine your searches based on your search results. Make sure to include a minimum of 4 credible, academic sources in your paper.
Also, conduct your research using credible websites; for example, you will likely want to use the OSHA website and government websites related to FMLA (government websites will end in .gov).
Using your research, address the following points in your paper.
Was Michele legally compliant with FMLA? Explain and support with law. How can Michele make decisions that are objective and reflect the ethical treatment of others? Demonstrate how Michele can comply with laws and rules governing FMLA to employees in an ethical and professional manner.
Using Michele’s situation as an example, who’s at risk for legal compliance when workplace safety is not mandated or monitored? What are the ethical and professional implications?
Evaluate the impact of laws on the core beliefs or personal ethics from a perspective of the employees. What is the potential impact of ethical issues on the stakeholders of the company?
Your paper should be a minimum of 3 pages in length. Include an APA formatted title page and reference page.
Remember to integrate citations accurately and appropriately for all resource types; use attribution (credit) as a method to avoid plagiarism. Consider using NoodleTools to document your sources and to complete your APA formatted reference page and in-text citations.
Supply CHAIN Management Video Lecture Series
View more ?
Expand view
WATCHthe “Process Evaluation” and “Supply Chains” SECTIONS of the “Supply Chain Management Video Lecture Series.”
Faculty Materials
Materials
Supply Chain Management Video Lecture Series
Material Resource Planning
Material Resource Planning
There are several material resource planning systems available – chose one of these resources to discuss how it would be incorporated into your own organization. Discuss the pros and cons of using a commerically available system versus an internally developed system.
Theory of Constraints
Overcoming Process bottlenecks
View more ?
Expand view
Theory of Constraints – week 3
One of the challenging concepts in the Theory of Constraints is understanding the issues surrounding bottlenecks and how best to reduce the bottlenecks. In developing process flow for operations – both manufactuing and service – it is IMPORTANT to understand the times as well as the processes for each step. For this question, please select a business to discuss what types of bottlenecks might appear in the completion of the process and what steps you might take to identify the bottlenecks. Also, please discuss how you might evaluate the bottlenecks to improve the process flow.
Managerial Decision Making Research and Analysis
Research a specific company of your choice and identify some of the managerial decisions that were made over time and in response to changes in its market or competitive environment. Use the Ashford University Library and web-based sources for your research. At least three external scholarly sources must be used in addition to the textbook.
Address all of the following areas:
Describe the company and provide a BRIEF history of its operations. Find or use graphs to illustrate its financial performance over the years.
Describe any sources of risk or uncertainty in its operations. Do the financial reports indicate risky or uncertain activities or changes to the economic environment that ultimately appear to have affected the company?s financial outcomes? Be specific.
Are there any government regulations that have affected this company?s operations domestically or abroad? Explain.
Describe the inputs that are used in this company?s production function and identify any challenges to securing these inputs.
Determine if the company has introduced new products in existing markets or created new markets over time. What is the impact on its finances?
Determine if the price of its products increased or declined over time and analyze the reasons for price fluctuations. Study the demand elasticity for its products and discuss the availability of close substitutes for its products. How does that affect pricing decisions?
Analyze the company?s profitability. Identify the economy or industry influences on its costs, operations, and profitability.
Describe the competitive environment in which the firm operates, the distribution of market power, and the strategic behavior of the firm and its competitors. Apply your knowledge of the theory of this company?s market structure. How does the company make pricing and production decisions? Is your observation supported by the theoretical models? Refer to the financial reports for illustration.
Describe any non-price competitive strategies that the company might be engaging in. Provide specific examples.
Evaluate if the company made any mistakes in its decisions over time, and recommend any changes or improvements for future operations. Refer to the financial reports when making specific observations or recommendations..
Use economic language and demonstrate your understanding of the concepts and theories of this course.
Writing the Final Paper
The Final Paper:
Must be 8 to 10 double-spaced pages in length (excluding including the title and reference pages), and formatted according to APA style as outlined in the Ashford Writing Center.
Must include a title page with the following:
Title of paper
Student?s name
Course name and number
Instructor?s name
Date submitted
Must begin with an introductory paragraph that has a succinct thesis statement which identifies the focus of the paper.
Must address the topic of the paper with critical thought.
Must end with a conclusion that reaffirms your thesis.
Must use at least three scholarly sources, in addition to the text.
Must document all sources in APA style, as outlined in the Ashford Writing Center.
Must include a separate reference page, formatted according to APA style
Assignment Instructions
The research paper should be completed around information on a company of your choice. The research on the company must:
? Include a BRIEF summary of the organization.
? Explain how the processes of transportation economics play a major role in transportation decisions of the organization.
? Describe how the supply chain of this company contributions to customer service levels.
? Describe inventory control practice and uses of technology within the organization (ERP).
? Explain how a transportation economics strategy can effectively position the organization to maximize shareholder value.
? Include recommendations for benchmarking for companies in this industry.
Use the text book and scholarly articles to extend the materials for this research. Use this paper to discuss the topics as they relate to the organization of your choice, to extend the information on the topic, to expand on the topic by giving real-world examples. Papers should be in APA format and be 1000 – 1600 words in length, offer a clear abstract (not included in word count), identify your goals, substantiate your content and clearly summarize the findings. Please use 5-7 sources for this research.
Introduction
The assignment for the subject of organisation and strategy is looking at a global company in the context of being able to critically evaluate the organisational and cultural environment, whilst identifying the key capabilities and resources of the company; using relevant strategic tools the evaluation of the competitive environment of the organisation; using evidence from the research on the company, explore the extent to which the organisational purpose is mandated by stakeholders and governed by ethical business decisions; and finally based on the evidence of the research and analysis, critically discuss any disruptive trends that you can predict in the industry and evaluating whether or not this has an impact on its organisational purpose. ?On a snowy Paris evening in 2008, Travis Kalanick and Garrett Camp had trouble hailing a cab. So they came up with a simple idea- tap a button, get a ride? (Uber, n.d.). The global company that will be evaluated throughout the assignment is Uber, a company that operates around the world, offering taxi services to consumers through the use of a downloadable app, as well as offering a payment aid in which the payment is taken through the app via your card.
Critically evaluate the organisational and cultural environment of the company selected and identify key capabilities and resources.
As can be understood in the previous quote, there is direct in the organisational and cultural environment of Uber, this being that the creators created the idea from their own experiences, this then highlights that there is an interest in the environment of the industry that Uber was created. ?The organisational culture ? ?the way we do things around here? ? influences what employees can do and how they view, define, analyse and resolve problems and issues? (Robbins, Bergman, Stagg and Coulter, 2014, p. 94). The organisational and cultural environment of Uber somewhat follows in with the way in which the company was developed, this being a simplistic idea that aided an individual?s journey from place to place. As can be understood in Appendix 1, there is an indication of how the organisational culture interacts within the environment of the company in its entirety. An organisational and cultural environment can help in the way that the employees are also helping to run the business too, they are in fact the ones who are helping the operation of Uber, for the purpose of this assignment.
Appendix 1: Organisational Culture. (Robbins, Bergman, Stagg and Coulter, 2014, p. 95).
The key capabilities and resources that are evident in Uber is their ability to adapt to today?s modern world with relation to the way in which payments can be made. The key capability that Uber holds is the factors that they have addressed one of the major issues within transport by taxi; this is with relation to the payment option concerned. Although more and more taxis are accepting card payments as an option in the vehicle, it is often on booking that you have to request a card payment facility in which you still have to physically pay the driver by card. Uber is progressing this to the next level whereby the person travelling by Uber taxi simply downloads the app, inputs their information, such as card information and can then on book a taxi, the initial information is only inputted once on the download of the app. ?For the women and men who drive with Uber, our app represents a flexible new way to earn money. For cities, we help strengthen local economies, improve access to transportation and make streets safer?(Uber, n.d.). Uber?s capabilities and resources are that they are creating an effortless and seamless transaction from pick up to drop off, whilst using the modern day resources readily available to both the driver and also to the passenger.
Using relevant strategic tools and techniques, evaluate the competitive environment of the organisation.
With the aid of Porter?s five forces model, the evaluation of the competitive environment of the organisation will be looked into, this being in the industry of those offering taxi services. ?Michael E Porter?s well- known framework, known as the five forces model?(1) the risk of entry by potential competitors, (2)the intensity of rivalry among established companies within an industry, (3) the bargaining power of buyers, (4) the bargaining power of suppliers, and (5) the closeness of substitutes to an industry?s products? (Hill and Jones, 2007, p. 45). The five forces are as summarised within the quote, this looks into the possible competitors into the industry as well as the suppliers and the possible bargaining power that they may have. In terms of the risk of entry of potential competitors into the industry, there is definitely concern into this risk, although this is something that has not stopped the likes of Uber from entering into the industry themselves, so this could be interpreted as friendly competition, whilst Uber are maintaining a competitive advantage through their development of the app booking and payment system.
The intensity of the rivalry is indicated through the development and adaptation between taxi firms today who are now inviting passengers to use card payments in their taxis, although this is something that is still rare and on occasion does need to be ordered specifically on booking. The bargaining power of buyers is in terms of the passengers themselves and with this Uber is often known to be cheaper than the leading competitor. ?The taxi- hailing app Uber has expanded rapidly since its launch and gained popularity with users as fares are generally cheaper than with traditional taxis? (BBC, 2015). In terms of the bargaining power of the suppliers, this is in the app itself, as well as the facilities in which passengers can access the app, this is something relatively new to the taxi industry especially, and this therefore is something that the suppliers could create a high price for. In terms of the substitutes on offer, there is development occurring within existing taxi firms, although this is something that is in operation alongside traditional payment methods, showcasing that Uber is one of the only to be operating solely through an app.
Using evidence from your research on the company, explore the extent to which its organisational purpose is mandated by stakeholders and governed by ethical business decisions.
The extent to which the organisational purpose is mandated by stakeholders and governed by ethical business decisions is explored in this section. In terms of the organisational purpose being mandated by stakeholders, this is not the case within Uber, or at least is not evident within the research collected within the assignment, this being that there is very much an equality within those who are working within Uber. ?Co- design would be helpful in bringing long- lasting success to Uber by involving stakeholders Uber has largely marginalised in its current growth? (DeFillippi, Rieple and Wikstrom, 2016, p. 51). As this quote is making reference to, there is an involvement concerning stakeholders, this being to work with the stakeholders, but not necessarily from an instruction of those for the Uber company.
In terms of being governed by ethical business decisions, Uber appears to be working with their people as opposed to instructing them, although there will of course be a structure in the company.?Across borders, cultures and languages, we?re proud to connect people who need a reliable ride with people looking to earn money driving their car. Your journeys inspire us? (Uber, n.d.). As far as the ethical business decisions goes, there is evidence of this in the form of working with the individuals who are helping the operation of the business, but this again is not governed in the company. Overall the extent of the organisational purpose being mandated by stakeholders and governed by ethical business decisions, there is attention to the lax approach that works for Uber, this being in their ability to create an easy approach to transport.
Based on evidence from your research and analysis, critically discuss any disruptive trends that you can predict in the industry in which the organisation operates. Does this have an impact on its organisational purpose?
Based on the evidence from the previous research and analysis, there are factors concerning disruptive trends for the future of the industry, this being in the introduction of driverless cars, something which would be able to reduce on overall cost to the customer and reflecting in no need for drivers. This trend, although still new is something that could cause disruption in the industry and is becoming something that is coming closer to possibility for both taxi firms and individuals alike. This could also result in individuals not having a need for taxi firms as much as they need today, if driverless cars are made affordable as well as practical, then individuals may then opt to essentially transport themselves to and from places, depending on the scenario and the place in which they are visiting. However, due to the pace in which Uber entered the market and the rate in which they can adapt to newness in and surrounding the industry, they have already taken on this trend. ?Uber has launched a ground breaking driverless car service, jumping ahead of US car giants and Silicon Valley rivals with technology that could revolutionise transportation? ((France-Presse Agence, 2016). As can be understood Uber are a fast moving innovative company in which sees trends as more of an opportunity to move forward as opposed to a hindrance.
This then goes on to understand that disruptive trends do not have impact on Uber?s organisational purpose as they are very much known for their evolutionary and innovative style, therefore trends are simply opportunities in which they can essentially compete with themselves, as much as their competition. ?It operates in 57 countries, but Uber?s ambitions go beyond providing taxis ? it has also trialled courier and fast food deliver services? (BBC, 2015). Furthermore to disruptive trends, Uber have also looked into various other areas in which they can develop as part of the company. As can be understood within the quote is that Uber have looked at Courier service and also fast food delivery services, this is showcasing that Uber?s organisational purpose is very much in keeping up to date with the trends of now and also for the future. They are not afraid to change, build and adapt to the needs of the future, they are a modern company in their ability to create what the consumer wants as well as what will keep the consumer coming back. To be able to compete within the industry there needs to be some element of change, Uber seem to be very keen to do this, in turn making this their organisational purpose in becoming a leader in technology as well as within the industry as a whole.
Conclusion
In conclusion to the assignment of organisation and strategy, there has been an evaluation of the taxi firm Uber, with relation to the resources they have, the way in which they are mandated and also looking at the potential disruptive trends and what it could result in for the organisational purpose of Uber. Overall throughout the assignment, there has been attention to the factors that Uber has very much become a leader in terms of the pace in which they move to modernise and make easier for the customer, the service that they are able to offer, this being as a result of their resources, whilst their key capabilities are within their ability to change for the better and to that of the consumer. ?Uber has launched a ground breaking driverless car service, jumping ahead of US car giants and Silicon Valley rivals with technology that could revolutionise transportation? (Telegraph, 2016). The company is very much working together in terms of building the company and being beneficial to those working within and also to the passengers of the company. In conclusion to the assignment and with attention to the disruptive trends, there is evidence within the research that those disruptive trends that have been predicted would not have an impact on the organisational purpose of Uber due to their nature as a company being in moving forward for the consumer and the efforts they have already made to benefit from the current environment. Uber are certainly a strong competitor in terms of their innovation towards the current economies and also towards the passengers and what they would look for in a taxi firm for the future, they are seeing any trends as an opportunity to improve, which is helping them to continue and also maintains their organisational purpose of being new and innovative.
References
Ahlstrom, D. & Bruton, G.D. (2009). International Management: Strategy and Culture in the Emerging World. Cengage Learning.
BBC, (2015). All You Need to Know About Uber. BBC News. Accessed online on 01/12/2016 using http://www.bbc.co.uk/news/world-us-canada-33281422.
DeFillippi, R., Rieple, A. & Wikstrom, P. 2016. International Perspectives on Business Innovation and Disruption in Design. Edward Elgar Publishing.
France-Presse Agence (2016) ‘Watch: Uber launches driverless car service’.?The Telegraph?[online] 14 September. available from
Hill, C. & Jones, G. (2007). Strategic Management: An Integrated Approach. Cengage Learning.
Hill, C. & Jones, G. (2009). Strategic Management Theory: An Integrated Approach. Cengage Learning.
Robbins, S.P., Bergman, R., Stagg, I. & Coulter, M. (2014). Management: Seventh Edition. Pearson Australia.
Schein, E.H. (2016). Organisational Culture and Leadership. John Wiley & Sons.
Uber (n.d.) available from
Valentine, S.J., Richards, R. & Ovenell- Carter, B. (2016). Blending Leadership: Six Simple Beliefs for Leading Online and Off. John Wiley & Sons.
Appendices
Appendix 1: Organisational Culture. (Robbins, Bergman, Stagg and Coulter, 2014, p. 95).
Chemistry surface tension penny activity
TOP-NOTCH WORK IS REQUIRED!!! I will only accept the best work, because if it’s not the best, I can easily do the same!!!
PLEASE READ THE ASSIGNMENT, SCORING GUIDELINES, AND RUBRIC THOROUGHLY AND MAKE SURE YOU CAN DO FULFILL IT WITH TOP-NOTCH WORK.
Need to follow instructions, scoring guidelines, and rubric CLEARLY. NO EXPCEPTIONS! NO PLAGARISM, I CAN CHECK!
This assignment is 5.00 Journal, so look for that assignment in the scoring guidelines (The scoring guidelines includes all the assignments, so you will have to look for the one for 5.00 journal)
Fill out template provided (YOU HAVE TO DOWNLOAD THE TEMPLATE IN ORDER FOR IT TO BE SAVED WHEN YOU FILL IT OUT) and MAKE SURE TO FILL IT OUT ACCORDINGLY, following the instructions, scoring guidelines and the rubric.
Assessment Information
The LOs for this module are as follows.
1. Critically analyse the relationship between strategic management and organisational
structures.
2. Identify and critically evaluate aspects of employee behaviour and linkages to business
strategy in modern organisations.
3. Demonstrate a critical understanding of ethical implications of doing business and employee
behaviour in different environments.
4. Apply key organisational theories and concepts to practical settings.
This assignment is designed to assess learning outcomes 2 and 3, and accounts for 50% of the overall
module mark.
This assignment requires you to write a business report of 2,000 words.
You need to continue your organizational and strategic research on the global organisation that
you have selected in coursework 1. Research and analyse the best organisational policies and
strategies that the organization needs to adopt in the global market.
The report must have the following analysis and all section carries equal marks:
1. Using the analysis carried out in the first coursework and also taking into account more recently
available information, discuss the strategic choices the company has for a sustainable growth.
(25%)
2. Evaluate the proposed strategic choices, and using appropriate theories critically discuss the
organisational changes that the company needs to make for the implementation of the strategy.
(25%)
Assignment Brief ? M04 SSL Coursework 2
Page 2 of 7
3. Using relevant examples, discuss if there are any ethical issues related to human resource
management and how the leadership of the company needs to address the interests of all the
stakeholders to create a sustainable business. (25%)
4. Based on the above analysis, make appropriate recommendations to the company CEO. (25%)
Unit 9 Assignment: Final Project
Please use the Final Project Template for this Assignment.
For your Final Project you are to create a presentation detailing the factors that go into developing
and implementing a successful HR strategy for a specific organization. The presentation might assist
an HR strategist in implementing change in an organization.
Using your compilation of annotated bibliographies, Web readings, and research summaries, prepare
a minimum 12 slide PowerPoint presentation providing an overview of the HR strategy with the
components specified below.
Format
? A title slide
? An introduction slide
? Parts 1 through 4 of the Assignment Checklist
? A conclusion slide
? A reference slide
? At least 200 words minimum written APA 6th edition formatted explanation of the bullet
comments in the ?Note? section of the slide, per each slide, starting from your introduction
through the conclusion/summary slides.
Content
? Remember to cite your sources (you must use at least six sources) using in-text citations. Intext
citations and references must comply with APA 6th ed. guidelines.
? Your goal is to synthesize all your learning resources and demonstrate your knowledge by
addressing Parts 1 through 4 below in your presentation. Use real-life examples when
possible.
? Make sure to address your main points in the slide as bulleted items and explain your brief
bulleted items with in-text citations in the ?Notes? section of the PowerPoint slide.
Part 1
1. Provide a broad description of the value of understanding the strategic challenges and
opportunities facing the organization today.
2. Describe the organization?s current HR strategy (based on the model provided in the text).
Part 2
1. Describe the elements needed for developing a competitive HR strategy in the organization.
Unit 9 [HR485: Strategic Human Resource Management]
2. Demonstrate an understanding of HR maturity level. Identify the current level of HR maturity in
the organization.
Part 3
1. Describe how well the performance management system is aligned with the HR strategy. What
are the key elements and processes implicating alignment of the human resources practices with
HR strategy?
2. Describe how well the organization?s approach to separation and retention are aligned with the
HR strategy. What are the key elements and processes implicating alignment of the human
resources practices with HR strategy?
Part 4
1. Describe the use of crafting the right organizational structure and work design to align with the
HR strategy.
2. Describe the importance of assessing the culture of the organization to ensure the right HRbusiness
strategy alignment.
3. Describe how strategic human resources decisions advance the business strategy in today?s
competitive marketplace.
Submit to the Unit 9 Final Project Dropbox.
