As a strategic consultant to ABC Ltd., explain to the board of directors, a reliable approach to developing and implementing staffing policy guidelines that will ensure reinforcement of the desired culture in the organization, essential to achieving its goals and objectives
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As a strategic consultant to ABC Ltd., explain to the board of directors, a reliable approach to developing and implementing staffing policy guidelines that will ensure reinforcement of the desired culture in the organization, essential to achieving its goals and objectives
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- The weekly meetings of Lyle's staff have had little attendance, and those who attend usually do multitasks instead of paying attention. Using the research cycle, Lyle discovered that the problem is that the time of the staff meeting coincides with the delivery date of the weekly financial reports. Read the following possible courses of action and decide what is the BEST way for Lyle to handle the situation and what is the WORST way for him to handle the situation? 1. Inform staff that your meeting has more priority than the reports of the finance department. 2. Change the meeting time of the staff until after they submit the weekly reports and see if improves assistance and focus. 3. Cancel staff meetings so that the team can concentrate on completing their financial reports. 4. Allow staff to continue performing multiple tasks so that they can attend their meeting and do the financial reports.The obligations of an investor-owned company's board of directors in the strategy-making, strategy-executing process include A) taking the lead in developing the company's business model and strategic vision. B) coming up with compelling strategy proposals to debate against those put forward by top management. C) taking the lead in formulating the company's strategic plan but then delegating the task of implementing and executing the strategic plan to the company's CEO and other senior executives. D) overseeing the company's financial accounting and financial reporting practices and setting CEO compensation. E) approving the company's operating strategies, functional-area strategies, business strategy, and overall corporate strategy.How can staff managers ensure that their recommendations are aligned with the organization's goals and objectives?
- Select an overseas country of your choosing and assume that you are employed in the human resources department for a large company. The company has just reached an agreement to open a new sales office in this foreign country in order to better serve customers in that market. Although support personnel will be hired locally, three sales representatives from headquarters will be transferred to this office for a period of two years in order to get it “up and running.” The national sales manager has asked you to prepare a report outlining the intercultural communication issues that these sales reps likely will face. Your team will be required to research the business communication in this country and write a report to your Board of Directors that addresses the following that may play a role in impacting the success of these sales representatives in establishing an office in the country. 1. Prevailing norms of communication 2. Nonverbal communication, 3. High context and low context…In the world of professional industries, when conducting operational activities, top management have to be careful and well-conceived consideration is required so that it can be delivered in accordance with applicable rules and codes of ethics, as well as the manner in which the activities carried out are in line with the vision and goals of the company. To achieve the company's objectives faster and continually improve company performance, top management must be able to develop a routcome-based management strategy by obtaining detailed information and insights to support the decision-making process. For the purpose of drafting a conceptual framework in the form of organizational strategy, the leader hopes to help minimize risks that are detrimental to the company's activities, which in this case certainly requires the assistance of various parties, especially internal auditors that will help stakeholders by ensuring how the internal monitoring and control processes have been working…The following are responsibilities of middle level managers, except: a. Motivate the activities of the lower-level managers. b. Supervise and working with the operating employees. c. Formulate objectives for the department. d. Calculate the success of the department
- Management is a multifaceted discipline encompassing the organization, coordination, and oversight of resources, people, processes, and tasks within an entity to achieve predetermined objectives efficiently and effectively. It involves the planning, organizing, leading, and controlling of activities to ensure that goals are met in a timely manner and in alignment with the organization's vision and mission. Effective management requires a diverse skill set, including but not limited to communication, decision-making, problem-solving, leadership, and strategic thinking. Managers must possess the ability to motivate and inspire teams, delegate responsibilities, resolve conflicts, and adapt to changing circumstances in dynamic environments. They are tasked with optimizing resources, whether they be financial, human, or technological, to maximize productivity and minimize waste. One of the key challenges in management is striking a balance between achieving short-term objectives and…You are finance director in a public sector organization that has experienced difficulty attracting and retaining skilled staff. To assist in overcoming this problem, the board has engaged a consultant to recommend an improved benefits structure, to apply to all staff. The consultant has produced his report, and you have been asked to consider the proposed staff benefits structure, and make appropriate recommendations to the board. You study the report, conduct appropriate research, and assess the costs involved. You conclude that it will be necessary to increase staff costs, but you believe these will be offset by the efficiencies brought about by recruiting and retaining high-quality staff. The report contains the following recommendations: Benefits should be related to the length of service of members of staff. After one year of continuous employment, a member of staff will qualify for private health insurance. Private health insurance should cover the member of staff and his or her…You are required to assess key functions including risk management and compliance for the Bank of America. You are to present a written report based on the Bank of America on the following: Risk management framework – Conduct an analysis of the risk management process/ framework implemented at the institution (including risk assessment and risk control mechanisms). You are required to report on key risks that the institution is exposed to and explain aspects of the framework, emphasizing the effectiveness of the risk management strategies used. Anti-Money Laundering and Terrorist Financing Strategies – Discuss with examples, the institution’s approaches/ strategies to combat money laundering and terrorist financing issues. Statutory legislation and compliance - Explain the importance of financial institutions meeting regulatory requirements. Comment on specific legislation that the financial institution must be compliant with.
- state argument for and against the following statements: there are other things more valuable in an organization besides the people who work thereThe strategic management process is: a. A decision-making activity concerned with a firm’s internal resources, capabilities, and competencies, independent of the conditions in its external environment. b. The full set of commitments, decisions, and actions required for the firm to achieve above-average returns and strategic competitiveness. c. A process directed by top-management with input from other stakeholders that seeks to achieve above-average returns for investors through effective use of the organization’s resources. d. A set of activities that will assure a temporary advantage and average returns forthe firm.75) a positive view of the Board of directors include: a) The board plays an active role in monitoring the implementation of the firms strategy b) Keeping management interests aligned with those of stockholders c) Both A and B d) Neither A nor B