Saturday, February 22, 2020

Management Perspectives on Leadership & Motivation Assignment

Management Perspectives on Leadership & Motivation - Assignment Example She is a kind of leader who looks towards every single matter with deep interest because she is of the viewpoint that negligence towards even a minor issue can result in big problems for the company. She wants to be fully aware of every single issue related to the company. She is also a transformational leader because she has always motivated her employees to show improved efficiency and productivity. She focuses on creativity and innovation. It is due to her effective leadership potential that has kept General Motors on a top position among auto manufactures in the very intense competition within this industry. From the interview, we realized that Ms. Barra has always tried to motivate others to do their best for the company. She motivates employees by making them aware of the benefits that they can receive upon the completion of their assigned job tasks. She has played her role in building the culture of respect and encouragement within the organization in order to keep employees satisfied with their jobs and motivated towards achievement of goals. She thinks employees as the most precious asset of the company and does everything to meet their needs which we think is the best way to keep employees motivated. Although she is both an effective leader and a successful manager, but we think she is more of a leader as she has a visionary outlook and is able to see long-term effects of any organizational activity. She possesses the ability to influence others using creative and emotional thinking powers of the right brain. She said that today employees are not usually satisfied with their jobs and employee turnover is high even when finding a good employment opportunity is not easy. According to Ms. Barry, keeping employees motivated and lowering the employee turnover are the two main issues for organizations these days. Refer to your Summary Table to complete this section. Provide a two to three page summary (single-spaced, please)

Thursday, February 6, 2020

Porter's Competitive Forces Model-Information Systems Research Paper

Porter's Competitive Forces Model-Information Systems - Research Paper Example Thus the competitive forces model helps one to understand the different strategies that the firm can take to counter the competition posed by the different external entities as reflected. Porter’s Five Forces Model of Business Competitiveness can be reflected as follows. Figure 1 (Source: Laudon, 2010, p.96) The business gains competitive advantage in its pursuits of governing the competitive threat imposed by these different parameters that can be analyzed as follows. Firstly the company would have potential competitors existing at the market place that can work on product or brand development and thereby gain on its existing market share. This product or brand development can work in encouraging the consumers to switch over to gain the benefits of the products and services delivered. Secondly the business company in question also needs to effectively compete in regards to new entrants in the industry. Owing to lower economic and trade barriers it is found that companies focu sing on the opening up of small retail arms and food joints tend to face lesser trade and economic constraints than companies in other industries where investment required is huge. In larger investment sectors it is hard for the companies to retrieve potential returns on the amount invested and thus are deterred from entering. Again in the third case the business company operational for a longer period happens to create a more popular understanding of the type of the attributes of the products and services developed. Thus this fact encourages the emergence of substitute products in the marketplace with both the prevalence of more innovative products and also of lesser value and price. Fourthly the company needs to counter the bargaining power of consumers in meeting the requirements both in regards to quality and pricing conditions. The number of companies in the industry being large enables the consumers to switch over to different concerns at the cost of the initial company holdin g the consumer. Finally in the fifth case the company needs to hold on to its suppliers from switching over to another company in the same industry rendering more leverage. Henceforth the business companies need to work on a greater network of suppliers where the company can tend to exert influence over the supplier groups in regards to pricing, quality and timely and effective delivery management guidelines (Laudon, 2010, p.94-97; Rainer and Cegielski, 2009, p.45-48). Thus the Porter’s Five Forces model effectively presents the situational analysis of a company’s external environment based on which the firm is required to develop its potential strategies required for market growth and business development. Utility of Information Systems in Porter’s Competitive Forces Model The analysis of the above model reflects the various competitive forces that a company is required to counter to successfully exist in the competitive business market. Herein the modern busin ess companies tend to put into use information technology applications that would help the company to effectively counter the different competitive forces. Firstly it is found that business companies in order to largely reduce the price structure of its products and services and at the same time work to generate profitability can largely integrate information systems in its applications. Retail organizations through the use of effective information systems can help reduce the amount of working capital that would be kept locked in regards to