To Take Advantage of Opportunities Essays

To Take Advantage of Opportunities Essays To Take Advantage of Opportunities Essay To Take Advantage of Opportunities Essay He has the ability to Identify and take advantage of a succession of opportunities In Its environment: by reading the book Trading up he identified a demand for new luxury goods; by talking with the hygienist, he decided to focus on pet food industry; thanks to its market research and attention to pet shops environment, he pinpointed the new out-of-home dog- related product category, and finally by watching a dog drinking in a park he decided to launch portable drinking water product for dogs. The Pup Cups product is the mall strength of Davits new venture: It Is a totally new product, first In the new out- of-home category. However there are several reasons why David is so nervous taking the plunge. Firstly due to weaknesses in his Business Model: it has only one product line, no infrastructure and no distribution channel. Secondly, there are threats in the equines environment, such as big players in the dog food industry likely to launch a product before him. The previous SOOT analysis emphasizes a lack of resources and capabilities, essential to start the new venture. Moreover, we need to take into account personal factors: David has grown up since the opportunity he had to launch a new venture after completing its MBA. He now has a good C.V., a brilliant career of consulting: resigning would imply a loss of comfort for instability and risks. Once one is involved in the career development process of companies, its hard to stop it. Thereby many factors suggest David shouldnt give a call to his boss. However, despite every risks, I would encourage him to make It. He Inherited the entrepreneurial spirit from his father and launching his new venture became an obsession as the corporate world suffocated him: he missed the opportunity once and everyone Is entitled to a second chance. But in order to fulfill his dream and to grow in his personal life, David will have to review the steps he followed if he wants its new venture to succeed. Firstly, if the newness of his value proposition is interesting, It Is still a hypothesis, like all his Business Model: he needs to turn his guesses Into facts by talking to customers. He will have to go through the Customer Development process to determine the minimum dog-related product features most valued. Secondly, he has to think twice about the way hes going to reach his customer segments: as partnership with retailers stores seems difficult, he might consider web sales for instance. Thirdly, as the lack of resources is an obstacle to his business development, he should consider strategic alliances, for instance with a ant drinking water bottle seller, In order to outsource distribution. Fourthly, one major Issue Take Day David Is money. He Inane needs Tunas to survive Ana to start his business: he may have had difficulties to persuade investors but with his redefined Business Model, after a primary market research and technology centralization achieved that should be easier. Finally, I would like to point out David is quite solo in his project. Of course he has his main partner, but he should develop relationships with people outside his social network, for instance banks and tragic partners to illustrate the above points but also customers, industry analysts

The Chernobyl disaster Essay Example | Topics and Well Written Essays - 2500 words

The Chernobyl disaster - Essay Example There were economic, technological and political factors alongside the almost complete lack of effective health and safety measures were highly evident causes of the Chernobyl nuclear accident. Indeed despite its then status as a military superpower in the mid 1980s the Soviet Union had serious problems that the Chernobyl nuclear disaster amply demonstrated. By the mid 1980s the Stalinist era economic planning and one party political systems of the Soviet Union were beginning to show their age and their propensity for economic failure, administrative inefficiency, and declining political legitimacy. More ominously the Soviet Union’s outdated industries were a danger both to its own people, other countries, as well as the environment. The strain of the Soviet invasion of Afghanistan and a renewed a nuclear arms race with the United States were not taken by the stagnant economy (White, 1990). The main economic and political institutions as well as it systems dated back to the infrastructure constructed by Stalin in the late1920s and the 1930s. The collectivisation of agriculture and industrialisation had been achieved at great human cost, with political obedience and loyalty to the Communists counting for more than efficiency or ability to do their jobs (James, 2003 p. 53). When such an approach was typical of the managers and the workers of nuclear power stations it was always a potential cause of accidents. The Soviet Union had suffered horrendous losses during the Second World War which were partially compensated by the gaining of satellite states in Central and Eastern Europe, as well as the desire to prevent itself being invaded ever again (James, 2003 p. 301). Yet the onset of the Cold War meant that the Soviet Union took undue risk in both its civil and its military nuclear programmes in order to generate electricity and make atomic weapons as quickly as possible. Undue risks that

Organisational Behaviour Case Study Example | Topics and Well Written Essays - 1500 words

Organisational Behaviour - Case Study Example Lack of managerial control is a key OB issue related to the case. It can be observed that Anne Parker, the senior branch assistant, fails to control the junior employee Ronny Tristan. The newly joined Ronny Tristan is not taking his immediate boss seriously. That means Anne fails apply authority properly. A number of times Anne has complained about Tristan to the top level management. It reinforces the fact that lack of managerial control is evident from the side of Anne Parker. The behaviour of Ronny Tristan is not only pinching Anne but also causing problems for the official environment. Unfortunately lack of managerial control has created deadlock for the situation. Sometimes Anne is getting harsh with Ronny and sometimes behaving in soft way. This kind of inconsistency is creating less managerial control. Lack of accountability from the side of Ronny Tristan is also an important issue in this case. One thing is clear that Ronny Tristan is not giving his hundred percent in his works. His focuses are not at all there. He is taking his bosses pretty lightly. In spite of number of warnings or whistle blowing form Anne, Ronny is not taking them seriously. It means there is a significant problem regarding the accountability of Ronny. Day by day scale of business operations is gaining momentums. It requires significant accountability from all the levels of the organization. But that amount of accountability is missing from the side of Ronny. He is not at all cooperating with other staffs and his boss. His attitudes towards the stipulated works are not proper. In this case team problem is highly evident. Team environment is an integral part of the organizational behaviour. In this case that team environment specifically between Anne and Ronny is missing. There is a clear cut evidence of disconnection between these two persons. In every

Human resource management Essay Example | Topics and Well Written Essays - 2500 words - 1

Human resource management - Essay Example Personnel management, on the other hand, is mainly concerned with the management of the workforce instead of resources, according to Armstrong (2008, p. 98). Personnel managers, unlike human resource managers mainly handle administrative duties such as ensuring that the immediate needs of employees in an organisation are met so as to ensure effective working environment. Koster and Koster (2007, p.6) also note that the two management functions also differ in terms of the nature of relations. In this regard, whereas HRM focuses more on group interest by ensures that the needs of all the employees in an organization are met, personnel management, on the other hand, focuses more on the interest of an individual employee instead of the group as is the case with HRM. In this regard, the management and employees exhibit a contractual relationship where one recruits and others perform according to Koster and Koster (2007, p.6). Koster and Koster (2007, p.7) allude that the duo also differ i n terms of management and power relations. In this regard, whereas power in HRM is highly decentralized and is shared between lower and middle level management groups. Power in personnel management is highly centralized. ... Armstrong (2012, p.44) argue that line managers plays crucial roles in the organisation by helping in ensuring that the human resource functions are discharged accordingly. The important roles of a line manager have particularly been seen in NHS that has a line manager working alongside the HR manager. Some of the principal duties performed by line managers at NHS include supervision, staffing, and ensuring that employees work in a safe and healthy environment. Regarding supervisory functions, line managers at NHS keeps maintain direct contact with all employees at the hospital through engagement. This gives them the opportunity to monitor the quality of work performed by employees in the course of their duties. At the same time, line managers ensures that every employee report to their duty station in time to ensure effective and timely delivery of services to patients at NHS hospital. Supervisory duties of line managers is very crucial because it also ensures that any vacancy that may arise due to absenteeism or unknown reason is filled to ensure timely discharge of duties according to Armstrong (2012, p.45). Armstrong (2012, p.45) also reveals that line managers can sometimes take up the position left vacant while awaiting the arrival of an employee so as to ensure that no work is left unattended. In addition, line managers ensure that all personnel are present to ensure that no department is left unmanned. Armstrong (2007, p.512) also notes that the line manager at NHS in collaboration with HRM ensures that the hospital has enough staff. In this regard, in case of a shortfall, the line manager is expected to report the matter to the HRM to enable the organisation to hire someone to fill the vacancy. In addition, a line manager as

Synthetic Biology Essay Example for Free

Synthetic Biology Essay Synthetic Biology New era of programmable Acells Under supervision of Dr. Hanaa El Badawy By; Manar hesham fouad 70019 Ahmed Ibrahim agami 60015 Yassmin Mohamed moatassim 70187 Ahmed osman Shymaa khaled Introduction As a result of the fast ,cheap DNA sequencing and synthesis with parallel developments in the field of bioinformatics, the emergence of a new discipline known as synthetic biology or synethesia has taken place, by the efforts of J. Craig Venter the genomics pioneer and his team, that is an innovative and highly promising blend of science and engineering aim either to improve understanding of biological systems, their complexity and the interaction of complex pathways, or to use the organisms as factories for obtaining specific products, that eventually can lead to the next industrial revolution. It is hard to provide an accurate definition of a new emerging scientific discipline like synthetic biology, it can be changed over time as awareness increases.

Case Study: Managing Risk

Case Study: Managing Risk Juaries Fe Dela Cruz John Murphy Molina Introduction This study demonstrates the critical value of having an essential knowledge and practical strategy in managing risk considering the policy and procedures with strategies and operation that can safeguard the organization against the threat of the healthcare business functions and additional option that is necessary for the advantageous and success of the organization welfare. The entire case study elucidated how the two private surgical hospitals integrate as combined facility aiming to provide the highest quality of medical services and other high standard approach resulted to become center of clinical excellence as well as the business prosper with the hold of the name to be well-known as the best facility providing finest healthcare system. Teaming up also bring more risk to the formed unification of the two private surgical hospital. The policies and standard procedure of each organization should be efficiently contemplated bearing in mind of some factors that may jeopardize the i ntegrations. Aiming to eliminate or if not, to reduce negative risk and developing opportunities and success should place the top priority of the organization. Foreseeing objectives of the cost that is maximizing the potential gain and attainment as well as minimizing the likelihood of the severity of losses and negative outcome. The Acute Clinical Hospital must be prepared for any consequence they might face as well as how they controlled and monitored risk to have successful operational healthcare business functions that may benefit the consumer and the producers. The Acute Clinical Hospital’s planned a strategic risk management policy and procedure to safeguard the operational healthcare business function from any risk that may encounter and is identified in nine different risk factors: A. Business Risk As being privately owned by a number of shareholders, the business risk of this organization most likely is more successful and propitious because of the organizations dedication in providing high standards of services and holding their accreditation as the award recognizes the quality of healthcare delivered and the commitment of improvements of the unified hospitals. Unlike government funded healthcare business which is rather fuzzy always relying government economic status in which mostly interfered by some politics decisions, privately owned business is more focus on their endeavor concerning with those that have social or collective interest. However, private business is at risk liabilities under the management and professionalism aspect that is unexpected massive range of events, for instance are government fines, costly lawsuits, data thief and some other criminal activities. Administrative and financial disaster is so disruptive that is hard to recover even to those larger co mpanies. B. Insurance Risk Insurance covers a wide range of perils and incidents except those that are noted in the policy. In business category, insured company covers the loss of income, the incurred expenses or any peril that interrupts the normal business operation. However, insurance contract is the policy. The policy of the insurance may define all or specific covered perils with certain named exclusion. The risk of anticipated losses is transferred from the policyholder to the insurer who has the authority to specify rules and condition. C. Compliance risk There are some standard regulations and rules set by the government on their policy in terms of business sector. Conforming to those arranges of stated requirements and regulation is a must and there will be reasonable punishment if you will not do so either government funded or privately owned business. The potential cost and risk against non-compliance of the applicable requirements that is set by the laws, regulations, contract, policies and strategies as well as the expenses to achieved corrective actions to comply into it. D. Information technology risk Security risk to information technology is one of the problems encountered in modern times most especially in the business sector. Cyber attacked jeopardized the business by hacking their sensitive data via the network. Some important structure of figures might loss that cause harm and a big loss to the system as well as the event to the capital interest of the company that make them vulnerable. Another example that put the business at risk through information technology is fire, flood and the loss of access. E. Legal risk Every country there is a law that is established and should be executed and implemented in order to smoothly run legal. In the business sector private or public, government legal rules must be followed and be adapted to the complex sets of processes. Legal risk in the business sector put concentrations on evaluating the present alternative regulatory as well as the non-regulatory responses to risk. This legal risk entails to have knowledge in legal, social and economic factors along with knowledge and ideals of the business world in which legal groups function. F. Business disruption risk Hospitals are businesses that will hang towards time because of the demand of healthcare by the people. However, when a lot of hospitals have been put up there would be a competition that would be a risk to the business especially when there is no innovation. In addition, technology really plays a big role in healthcare nowadays, due to advancement of equipment used in diagnostic, surgical operations, etc. If hospitals would not improve their equipment business will be disrupted. To demonstrate, people would go to hospitals that have advanced equipment for many various reasons and one of which is to save time. G. Accounting and financial risk In any case, business is about money. Not having the right employees in accounting then there would be a big financial risk which could lead to bankruptcy. Many businesses have shut down because financial risk was taken for granted. Having the right people to manage the flow of money can minimise or stop loss of money which could nourish the business. The purpose of having a good management in accounting can be accomplished by giving relevant information to improve the willingness and ability of the workers to attain the goals and objectives of the company. In addition, it is a necessity to give information on the risks that is taken and its relationship to the risk manner competence of organisations as well as their connection to the profit produced. The demonstration of uncertainty and risk in the system of accounting is limited in technique and scope as well as isolated over different systems. As for now, there is no specialised comprehensive system in accounting for the main reason of representing risk organisation wide in comparison terms has developed. H. Employment practices In hospitals having the right employees to function in their designated areas is an asset to the business. Management should hire the right people for the position to provide the utmost level of functioning. Hiring the wrong people would lead the institution to have a bad reputation which could lead to loss of money. Having excellent doctors and physicians can boost the reputation of the hospital which is nourishing to the business. In addition, having nurses that have finished their degree and have registered to the company is a big help to the management and the patients. Furthermore, having trained, hardworking, loyal employees can help deliver the best service to the customers. Hospitals should provide trainings to its staff to enhance their skills in providing healthcare to the patients. Having the best healthcare providers is a big factor in every healthcare institution for the customers will always go for the best quality care there is with respect to the price. I. Workplace Health and Safety Hospital is a place where most of the people with diseases are confined may they be good or criminals. Ensuring the health and safety of the staff and employees should be given importance, considering that it is the responsibility of the management. Occupational health and safety is important for financial, legal, and moral reasons. If taken for granted could cause legal issues. In addition to this, financial security of the staff should also be given importance by the management. Every employee would go for employers that provide good benefits for their employees. Maintaining and promoting the safety and health of the employees in the workplace to the highest degree of mental, physical, and social well-being would minimise the risk of many issues in the work force. To mention, workers would depart from work due to diseases caused by environmental conditions in the workplace. Although work provides many economic and other benefits, a wide array of workplace hazards also present risks to the health and safety of people at work. These include but are not limited to, allergens, chemicals, physical factors, biological agents, adverse ergonomic conditions, a broad range of psychosocial risk factors, and a complex network of safety risks.

Plot Analysis Of Conspiracy Th :: essays research papers

The Conspiracy Theory is a movie that can wake you up to a very likely and harsh reality. Main character Jerry, author and sole producer of a monthly tabloid about theories on conspiracies soon begins to remember a hidden and forgotten past. The most captivating part of Conspiracy Theory is how the character’s past and present interact to contribute to the plot, and their futures.   Ã‚  Ã‚  Ã‚  Ã‚  The tragic pasts of the 3 main characters help define the plot. Jerry was once a test subject for governmental experiments. Jodas, head of these experiments, tried to learn how to turn an everyday person into a brutal killer. Jerry soon became Jodas’ personal tool of destruction, and Jerry was told to kill a judge who was sure to put Jodas in jail. Jerry was given a chance to kill him, but his human conscience proved to still live on, the judge soon took Jerry under his wing. That judge was later killed by another one of Jodas’ men. With the judge’s final words, he begged Jerry to protect his one and only daughter, Alice. Our three main characters are now destine for a major confrontation years later.   Ã‚  Ã‚  Ã‚  Ã‚  The main plot is laid out by the events of the present. Several years later, Jerry drives his cab as he’s done every day since the shooting, until he zones out and has a flashback of his past. One soon finds out that Jerry is very paranoid about the government and he questions everything about it. Jodas catches up to Jerry and tries to imprison him. Alice then finds that Jodas is one of Jerry’s newsletter subscribers and has a meeting with him. Jodas then convinces Alice that Jerry killed her father; now Jerry is about to be set up.   Ã‚  Ã‚  Ã‚  Ã‚  The plot is concluded with a promise to the character’s futures. Jerry then asks Alice to meet him, and they return to the place where her father died. Jerry then confesses to Alice that he did not kill her father. After much deliberation, Alice believes Jerry; and just on time for Jodas’ return. Jodas captures Jerry and Alice barely gets away with the mere stroke of luck. Jerry is then imprisoned and injected with fluid that will convince his mind that he did everything. Plot Analysis Of Conspiracy Th :: essays research papers The Conspiracy Theory is a movie that can wake you up to a very likely and harsh reality. Main character Jerry, author and sole producer of a monthly tabloid about theories on conspiracies soon begins to remember a hidden and forgotten past. The most captivating part of Conspiracy Theory is how the character’s past and present interact to contribute to the plot, and their futures.   Ã‚  Ã‚  Ã‚  Ã‚  The tragic pasts of the 3 main characters help define the plot. Jerry was once a test subject for governmental experiments. Jodas, head of these experiments, tried to learn how to turn an everyday person into a brutal killer. Jerry soon became Jodas’ personal tool of destruction, and Jerry was told to kill a judge who was sure to put Jodas in jail. Jerry was given a chance to kill him, but his human conscience proved to still live on, the judge soon took Jerry under his wing. That judge was later killed by another one of Jodas’ men. With the judge’s final words, he begged Jerry to protect his one and only daughter, Alice. Our three main characters are now destine for a major confrontation years later.   Ã‚  Ã‚  Ã‚  Ã‚  The main plot is laid out by the events of the present. Several years later, Jerry drives his cab as he’s done every day since the shooting, until he zones out and has a flashback of his past. One soon finds out that Jerry is very paranoid about the government and he questions everything about it. Jodas catches up to Jerry and tries to imprison him. Alice then finds that Jodas is one of Jerry’s newsletter subscribers and has a meeting with him. Jodas then convinces Alice that Jerry killed her father; now Jerry is about to be set up.   Ã‚  Ã‚  Ã‚  Ã‚  The plot is concluded with a promise to the character’s futures. Jerry then asks Alice to meet him, and they return to the place where her father died. Jerry then confesses to Alice that he did not kill her father. After much deliberation, Alice believes Jerry; and just on time for Jodas’ return. Jodas captures Jerry and Alice barely gets away with the mere stroke of luck. Jerry is then imprisoned and injected with fluid that will convince his mind that he did everything.