Although innovation is vital to giving companies a competitive advantage, it will only be successful if it is measured effectively. I agree that one of the biggest benefits to innovation measurement is that it allows the company to maintain a certain pace with their innovation initiatives. Often times, companies find themselves only innovating when they remember to, resulting in innovation projects being started years apart, or they do the opposite and start too many innovations at once. By measuring innovation initiatives, companies can better understand how many innovative projects they can handle at a time. This helps them better reach their strategic goals by providing a framework for which quantitative milestones need to be achieved and when they need to be accomplished. Do you think there are any advantages for employees when a company utilizes an innovation measurement system?
In: Operations Management
How can an eventual sponsorship be integrated into the total marketing plan for Helly Hansen clothes in the US market?
In: Operations Management
In: Operations Management
How an effective management provide a better business environment that benefits all parties, including employees, employers, and customers?
How does this compare to situations in which self-employed individuals conduct business on their own without management policies?
In: Operations Management
Criminal Justive 101:
List the eight stages of a criminal trial in order. Select four of these to define in detail.
In: Operations Management
List and describe the challenges to the “Free Market Approach” to Health & Safety.
In: Operations Management
Safety Policies for a life coaching firm:. Identify the top three significant safety and health issues in your firm, and write a policy on each, consistent with Occupational Safety & Health Administration (OSHA) standards. There is a minimum requirement of 300 words for each of the three job policies. Each of the five domains of OSHA must be considered when writing these three policies: 1. Hazard communication: How will you notify people of potentially dangerous or unhealthy work conditions? 2. Blood-borne pathogens: How will you protect employees from blood-borne pathogens such as AIDS? 3. Personal protective equipment (PPE): What equipment or tools will your employees in this job require working safely? 4. Cumulative trauma disorders (CTDs): How will you prevent CTDs that come from repetitive movement (e.g., carpel tunnel syndrome)? 5. Work assignments: How will you handle potentially dangerous work assignments, primarily to protect unborn babies? NOTE: This is a three-part assignment. All three of the policies (300 words each)
In: Operations Management
Interviewing Critique:
While in an interview, Tom was asked to describe his professional experience with his current and previous employers. During his descriptions, Tom occasionally included a few negative comments about his current and previous employers. How can negative comments impact a job interview? Your response should be at least 50 words.
There is a right and wrong way to respond to yes-or-no questions during an interview. During an interview, how would you respond to the following question: Have you ever worked for a company that generates revenue through e-commerce? Your response should be at least 50 words.
This question involves closing an interview. Near or at the end of an interview, you may be asked if you have any questions. Not responding may imply you are not interested, and a probing question about the company may imply you did not research the company. For this essay, respond to the importance of closing the interview on a positive note and share an example of a closing interview statement (your personal commercial). Your response must be at least 250 words in length.
In: Operations Management
1- explain service cincession arrangements ?
2- explain the CUSTOMER LOYALTY PROGRAMS
3- Agreements for the construction of REAL ESTATE
4- Agreement for the rendeiring of services and sales of goods
5- Transfer of ASSETS FROM CUSTOMER
In: Operations Management
The purpose of this assignment is to identify and apply OSCM concepts/tools to solve problems in managing operations and supply chains. Students are expected to find an interesting OSCM problem from the real business world, think about how you can apply the OSCM concepts/tools that you learn in this course to solve the problem, and write up a report based on your analysis. More specifically, each student should: • Find a problem in managing operations and supply chains from the real business world (from work or from any business articles/cases) • Identify specific OSCM concepts/tools that can be applied to the problem • Apply an appropriate OSCM concept/tool or a set of appropriate OSCM concepts/tools to propose a solution to the problem • Analyze the expected results that may be obtained when the solution is implemented. The report should be 8-10 pages in length including the cover and appendices, with 1” margins on all sides, double-spacing, and 12 point font. The cover of the report should include title, class code and name, section number, student name, and date of completion.
1. Abstract (150 words maximum) - Summarize the entire report, including problem statement, OSCM concepts/tools that have been applied to the problem, and expected results of the proposed solution.
2. Background information - Clearly state whether the problem is from work or from business articles/cases. If it is from business articles/cases, provide its source (title, author, name of the journal, date published). Briefly introduce the company background (e.g., name, products, business size, location, internal/external interesting facts, and etc.).
3. Problem Description - Describe the problem clearly and specifically. - You should focus on a single problem, although you can introduce several other issues for informational purposes. - This section must include a problem statement starting with, e.g., “This paper considers the problem of determining …”, “The main problem of the firm is how to ...”, and etc., either in the beginning or at the end of the section.
4. OSCM concepts/tools that can be applied - Describe what specific OSCM concepts/tools can be applied to the problem and why they are appropriate to the problem. This section should make it clear that you understand the concepts/tools you are about to use.
5. Application of OSCM concepts/tools - Choose an OSCM concept/tool or a set of OSCM concepts/tools among the ones provided in section 4 and apply it to propose a solution to the problem. - This section should include your work/calculations in detail to show how you have applied the OSCM concept/tool(s) to develop the solution.
6. Analysis of expected results - Analyze the expected results of the proposed solution. - The expected results may include cost/revenue impact and/or improvement of supply chain performance. You must be specific to receive full credit. - Discuss the pros and cons of the suggested solution.
7. Conclusion The meaning of an OSCM problem will become clearer as you study this course (see the textbook contents). An OSCM problem may involve process design and improvement, supply chain management, capacity planning, inventory management, quality management, project management, production planning and control, forecasting, facility location and layout, supplier management, etc. You are encouraged to find a problem from work if you have relevant work experience, so that you may apply the concepts/tools learned from this course at work. However, if you want to find a problem from business articles/cases, you can find one from any journals/newspapers such as The Wall Street Journal, Business Week, Forbes, Harvard Business Review, and so on. Or you can surf the Internet to find an interesting
In: Operations Management
Analyze the internal environment of any organization.
What are the key findings from your VRIO or Value Chain analysis?
How well does the organization leverage its strengths to execute the business strategy?
How effective is the organizational structure and management system design?
Analyze the external environment of the organization.
What are the key findings from your PESTEL analysis?
What are the key findings from your Five Forces analysis?
How can the organization respond to these forces to better position itself?
Recommend a course of action for leadership based on your analysis.
In: Operations Management
In: Operations Management
Explain how the healthcare administrator can ensure that inventory management and the material ma... explain how the healthcare administrator can ensure that inventory management and the material management cycle is effective (both for patients welfare and the organizations profit margin). Make sure to include the who, what, when, where and why for maintenance of these cycles (i.e. who is in control of these tasks, what tasks are included in these responsibilities, when will they be monitored, why are these cycles so important to maintain, etc.).
In: Operations Management
(1) Wht factors should Perkins and Balkin consider when setting the wage for the purchasing agent position? What resources are available for hem to consult when establishing this wage?
(2) Suggest advantages and disadvantages of a pay-for-performance policy for Performance Sports.
(3) Suggest a new payment plan for the customer service representatives.
In: Operations Management
As you will see in the case, GE has had a succession of top management who each brought their particular experiences/skills to the position, putting their own stamp on the strategic direction and resulting success of the company.
Mr. Immelt’s decision to divest GE Capital will result in a need to reinvest large amounts of capital; it represents a major opportunity to reset the direction of the company.
What are GE’s target markets?
Which, if any, of these target markets are key to future growth?
What courses of action would you recommend to Mr. Immelt?
What additional questions would you urge to be explored?
Be precise; support your reasoning for each question.
In: Operations Management