Importance of operational management
In 850 words, explain why is operational management is important to you. APA style.
In 850 words, explain why is operational management is important to you. APA style.
Instructions on Assessment: The Assignment Task:
You MUST choose one company from the official list of companies provided on your eLP for this semester. Explain how successful you think that company is, and discuss the strategic reasons behind that success.
Your explanation will include analysis of the contribution made by the leadership of the company, and will go on to suggest strategies and/or actions for ensuring future success in a sustainable manner.
12 pages
APA style
8 scholarly sources
A+ grade
Preview
Effective performance management (PM) is vital if organizations wish to be efficient and effective and sustain and improve their competitiveness in the current difficult operating environment.
-key requirement is to initiate actions and strategies which generate, support and sustain employee engagement because without the wholesale commitment of the workforce organizational performance is likely to suffer. Consequently, organizations are constantly reviewing and overhauling their approaches in order to deal with workforce issues and improve employee engagement.
Although their aim of increasing workforce engagement was the same, the two companies recently adopted very different approaches to resolve their individual difficulties.
Task 1 [words 1800]
comprehensive well researched referenced essay which compares, contrasts and assess the effectiveness of the approaches used by Ginsters and Nampak to increase motivation and enhance employee performance and engagement among the whole workforce. Discuss which approach, in your view, is likely to have the most long term impact for the company and its employees.
Task 2 [words 700]
Personal reflection
As the work in this module has emphasized, employers not only require employees with specific skills and expertise and knowledge within their chosen specialist field but also a range of generic attributes and abilities which enable them to integrate and operate effectively in the workplace. In the light of work undertaken for the module, discuss how these may be overcome either with or without the help of your future employers.
Question: You are provided with four case studies to analyze.
The structure of the paper will be cover page, introduction (275 words), analysis (825 words), recommendations (275 words), and conclusion (150 words). Include an abstract.
Follow APA guidelines and use at least 12 peer reviewed sources.
APPLICATION QUESTIONS
1. Assume that the chance of loss is 3 percent for two different fleets of trucks. Explain how it is possible that objective risk for both fleets can be different even though the chance of loss is identical.
2. Several types of risks are present in the U.S. economy. For each of the following, identify the type of risk that is present. Explain your answer.
a. The Department of Homeland Security alerts the
nation of a possible attack by terrorists.
b. A house may be severely damaged in a fire.
c. A family head may be totally disabled in a plant explosion.
d. An investor purchases 100 shares of Microsoft stock.
e. A river that periodically overflows may cause sub- stantial property damage to thousands of homes in the floodplain.
f. Home buyers may be faced with higher mortgage payments if the Federal Reserve raises interest rates at its next meeting.
g. A worker on vacation plays the slot machines in a casino.
3. There are several techniques available for managing risk. For each of the following risks, identify an appro- priate technique, or combination of techniques, that would be appropriate for dealing with the risk.
a. A family head may die prematurely because of a heart attack.
b. An individual’s home may be totally destroyed in a hurricane.
c. A new car may be severely damaged in an auto accident.
d. A negligent motorist may be ordered to pay a sub- stantial liability judgment to someone who is injured in an auto accident.
e. A surgeon may be sued for medical malpractice.
Paper 1: a discussion of your chosen area
Paper 2: an application of that theory or framework to an organisation of your choice
Paper 3: an evaluation of the application of that theory or framework to your chosen
organisation
Choose any of the following topics and write a paper about them.
TOPIC 1. Activity 1.1 – Managing in your workplace OR Activity 1.3 Self-reflection.
TOPIC 2. Activity 2.1 Reflecting on MBTI type.
TOPIC 3. Activity 3.2 Your values.
TOPIC 4. Activity 4.2. Assessment and reflection on your self-awarenes.
TOPIC 5. Learning styles.
Write an essay about conflict management and cover the following
Workplace impact of conflict
Definition of conflict
Substantive versus affective conflict
Organizational and interpersonal conflict
Conflict resolution and conflict management
Models of Conflict Management
Early Conflict Management Models
Khun and Poole’s Model
DeChurch and Marks’s Meta-Taxonomy
Rahim’s meta model
How to manage conflict
Steps to Manage
International Conflict Management
Thomas-Kilmann Model of Conflict Management Styles
Evolution of the Management Theory
Maximum word Count (7,500)
Format your paper in APA
Use at least 20 references
Write a detail essay covering the evolution of the management theory.
You can cover the following points