As Hill et al. (2014) pointed out in their "Collective Genius" article, “the role of a leader of innovation is not to set a vision and motivate others to follow it. It’s to create a community that is willing and able to innovate.” Please integrate and synthesize the concepts presented in "Collective Genius" with any two course lessons into your leadership and motivation statement. Please cite from where you drew your concepts and also be specific about what resonated with you in the "Collective Genius" article. Think of this as your personal leadership and motivation mantra or brand going forward that you can use when people or future employees and/or teams ask you what leadership and motivation skills you bring to the table (organization).
In: Operations Management
When Howard Schultz founded Starbucks in 1987, he wanted to create a company that would genuinely care for the well-being of its employees. He had been very influenced by his memories of his father, noting that his father “struggled a great deal and never made more than $20,000 a year, and his work was never valued, emotionally or physically, by his employer … This was an injustice … I want our employees to know we value them.” He also believed that happy employees are the key to competitiveness and growth. As he stated: “We can’t achieve our strategic objectives without a work force of people who are immersed in the same commitment as management. Our only sustainable advantage is the quality of our work force. We’re building a national retail company by creating pride in–and stake in–the outcome of our labor.”
Schulz set out to accomplish his goals by creating an empowering corporate culture, exceptional employee benefits, and employee stock ownership programs. While Starbucks enforces almost fanatical standards of coffee quality and customer service, the culture at Starbucks towards employees is laid back and supportive. Employees are empowered to make decisions without constant referral to management, and are encouraged to think of themselves as partners in the business. Starbucks wants employees to use their best judgment in making decisions and will stand behind them. This is reinforced through generous compensation and benefits packages.
In 2000, Schultz announced that he was resigning as CEO and left the firm to pursue other ventures (though he remained chairman of the board of directors). However, after Starbucks began to suffer from slumping net income and decreasing share price, Schultz returned to the helm in 2008. Rather than cutting costs and reducing the work force, Schulz announced his “Transformation Agenda”–a controversial plan to invest in Starbucks’ employees, environment, and community. His plan included:
Competitive employee compensation plans that include equity-based compensation for nonexecutive partners. In 2013, $230 million was paid out in equity awards. In 2015, Starbucks gave all baristas and supervisors a pay raise and increased starting pay rates across the United States. In 2018, Starbucks’s U.S. baristas earned between $7 and $15 an hour (with an average of $9 an hour), plus an average of $742 a year in cash bonus, $286 in stock bonus, $442 in profit sharing, and $1,095 in tips.
Industry-leading health care benefits and 401K benefits for both part-time and full-time workers. Other companies that offer health benefits to part-time workers typically only do so for employees who work at least 30 hours a week. Starbucks broke with industry norms by creating benefits for employees who work at least 20 hours a week.
Tuition reimbursement for students. In June 2014, Starbucks unveiled a “College Achievement Plan” wherein employees who work more than 20 hours a week can work towards a bachelor’s degree through an online program from Arizona State University.
An ethical sourcing plan. Starbucks’ coffee must be purchased from suppliers that adhere to Starbucks’ “C.A.F.E.” standards. These standards include practices related to product quality, economic accountability, and transparency (e.g., suppliers must provide evidence to demonstrate that the price Starbucks pays reaches the farmer), social responsibility (e.g., third-party verifiers provide audits to ensure that suppliers are using safe, fair, and humane working and living conditions, including minimum-wage requirements and the prohibition of child and forced labor), and environmental leadership (e.g., measures to manage waste, protect water quality, and reduce use of agrochemicals).
In founding Starbucks, Schultz's stated primary focus was which of the following groups of stakeholders?
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If Starbucks takes a position on various controversial issues, which of the following would be important to have in place?
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In: Operations Management
LM.97 Each week the ABC Company, from Albuquerque, NM receives 56 separate LTL shipments from a number of different suppliers in the Dallas, TX area. Each parcel shipment from Dallas to Albuquerque costs $126.
Alternate Shipping Method
A Dallas-based 3PL provider has approached ABC Company with a proposal to run a consolidation operation where they would pick up the supplier shipments each week and load them on to one truck for shipment to Albuquerque. The relative data for this alternative shipping method are as follows:
How much money would ABC Company
save to hire the 3PL to pickup the
shipments from each supplier and consolidate them into one bulk
shipment to Albuquerque? (Display your answer as a
whole number.)
At what number of shipments is the cost the same
for the two options? (Display your answer as a
whole number.)
In: Operations Management
Which component of compensation is most essential to motivate executives to lead companies toward competitive advantage? Discuss your rationale. Discuss your position on executive compensation. Is executive compensation excessive or appropriate?
In: Operations Management
Discuss the importance of supply chain risk management for a firm that manufacturers goods out of raw materials ( 50marks)
Your answer should also include the following
definition of risk in context of supply chain risk
explain Supply Chain Risk Management
explain different types of supply chain risk and their
source
explain financial and non financial importance of supply chain
risk
If you can get me the points,I will be able to explain.
Make sure you have knowledge in Operations Management of a manufacturing firm before answering this question
In: Operations Management
CHOOSE THE CORRECT AMSWER
5. There are several steps for the Critical Decision-Making Model. These steps would include all of the following except:
6. Which of the following requires the preparation of a Complaint Report Worksheet
7. Which of the following tasks is not necessary for conducting a preliminary investigation?
A. Make notes in an activity log
B. Identify, isolate, and interview any victims, complaints, and witnesses
C. Rely solely on your memory
D. Make a probable cause determination
8. The Police Department has categorized serious felonies according to the “7 Major Felony” rule. Which of the following would be considered the most serious charge according to the rule?
9. Complainant walks into 50 Pct (Bronx) and would like to make a report for lost property which occurred in the 60 Pct (Brooklyn). Complainant is greeted by Cadet Tsui in the Pct, which statement is most accurate for Cadet Tsui to assist the complainant?
10. According to the Investigation and Report Writing Chapter, which statement is most accurate?
THANK YOU
In: Operations Management
Given the following project: 1. Develop a time limited resource profile chart assuming unlimited resource availability. That is, determine the resource requirement on a weekly basis if the project is to be completed in the minimum time. 2. Develop a resource-constrained schedule using the sequential heuristic.
|
Activity |
Predecessor |
Duration (week) |
Required No. of Workers |
|
1 |
- |
3 |
2 |
|
2 |
- |
2 |
1 |
|
3 |
2 |
3 |
2 |
|
4 |
2,5 |
4 |
2 |
|
5 |
1 |
4 |
1 |
|
6 |
3,4,1 |
3 |
1 |
|
7 |
3 |
4 |
2 |
|
8 |
5 |
3 |
1 |
Assume the followings:
The available resource is three units
In: Operations Management
What are some of the common management decisions that can be aided by the use of accounting information and procedures? Explain.
In: Operations Management
A construction project has indirect costs totaling $40,000 per week. Major activities of the project, their expected time, and crashing costs per week are:
|
Crashing costs ($000) |
|||||
|
Activity |
Expected time (week) |
Predecessor |
First week |
Second week |
Third week |
|
A |
5 |
- |
18 |
22 |
- |
|
B |
4 |
- |
12 |
24 |
26 |
|
C |
3 |
- |
10 |
15 |
25 |
|
D |
8 |
A |
24 |
25 |
25 |
|
E |
12 |
B |
- |
- |
- |
|
F |
12 |
C |
8 |
13 |
- |
|
G |
6 |
B |
3 |
10 |
12 |
|
H |
7 |
D |
30 |
30 |
35 |
|
I |
4 |
H |
15 |
20 |
- |
|
J |
5 |
E |
40 |
40 |
40 |
|
K |
9 |
G |
2 |
7 |
10 |
|
L |
9 |
F |
5 |
12 |
- |
|
M |
8 |
L |
14 |
15 |
- |
|
N |
1 |
K,M |
26 |
- |
- |
|
P |
11 |
I,J |
30 |
33 |
36 |
What would be your recommended lowest cost duration for this project? Show your work. For each step specify what activity is crashed and show why.
In: Operations Management
HR managers often discuss the concept of creating “a climate for motivation”. How would that contribute to better organizations?
In: Operations Management
I need a detailed Risk Management Plan on ANY PROJECT.
Please and thank you
In: Operations Management
Instructions:
In your first reflective learning assignment on Personal Leadership Development, you will answer the following 2 questions.
Always use the title that you have been given. Do stick to the word count.
Use the title: Reflecting on My Personal Leadership Values and Vision
EXAMPLE:
Here’s a personal leadership vision built on the inputs from our sample person. From other assessments this person has completed, we know she is a “yellow” on the CVF. She prefers to act in the mentor and facilitator roles. Her Rokeach values results indicate that her top three terminal values are freedom, self-respect and, wisdom. Her top three instrumental values are ambitious, intellectual and responsible. Below is the first draft of her leadership vision:
“I am authentically engaged. Integrity and learning matter - always. I want to grow and grow others. I will make a difference.”
In: Operations Management
In: Operations Management
Give one similarity and one difference between the factor rating method and the load distance method of locating facilities.
In: Operations Management
What is social comparison theory, and how does it apply to advertising?
In: Operations Management