Leadership aspect at Сhris company

Many descriptions for leadership exist in the present society but a general explanation for this concept means a process in which a person leads while others follow. A leader ensures the organization of his team to achieve certain goals.Advertising We will write a custom case study sample on Leadership aspect at Ð ¡hris company specifically for you for only $16.05 $11/page Learn More Some of these goals include profit maximization, increase sales volume, and improve customer satisfaction as well as employee satisfaction. A myriad group of leaders prevail from the industrial to the domesticated level and they comprise the following entities: Charismatic, democratic and autocratic leaders are just a few types of leaders. The democratic leadership style is seen to be the widely applied leadership style. Notably, no company endeavored into the sports equipment business except Chris Company thus an advantage on its side. However, the rising levels of competi tors in the same market pose as an enormous competition for Chris Company. Alternatively, the fact that the competitors are producing low quality products is an opportunity and an advantage to the company. In an attempt to restore confidence and trust in the organization, the CEO should first disband the whole finance team and employ a new CFO. The management should transfer all employees in the department to other departments within the organization in order to ensure productivity. The departments incorporate logistics, the sales department as well as the human resource sector. The CEO should also ensure that there is an assurance department in the organization responsible for auditing all the departments.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Lack of an assurance department raises tension within the employability realm hence calling for the creation of one. The employment o f a new CFO will eventually restore confidence and trust in the organization. Chris Company is the single group manufacturing the sports equipment hence posing as an advantage to it. In order to take advantage of the popularity of the sport, Chris Company needs to improve its marketing plan. This means that Chris Company will have to increase its advertising campaigns whilst basing this to quality assurance and efficiency in production. In addition, Chris Company should also hire sales representatives responsible for promoting it products in various parts of the world. In accumulation to the above, the sales representatives should ensure that they attend the Olympic Games to market the equipment and to learn better IMC techniques. This will not only increase the popularity of the company but increase the sales and eventually the profits. Marketing parse is not the only channel to success rather the CEO should also look for alternative means to finance its working capital. After rema ining with an operating capital of 70%, the company requires more finances to reach the 100% mark of the operating capital. The management and leadership process is in a continuum and the CEO should give directions to the HR department to increase the workforce in the factory. This means that the requisite labor force should have the capacity to work efficiently in a cost effective manner in order to reduce the work backlog and increase profits. In designing a plan in order to stay at the top of the market, all departments will need representation. The CEO should ensure a strategic plan formulation and ensure that all departments take part in this process. From an overview of the organizational structure, it desires a restructure.Advertising We will write a custom case study sample on Leadership aspect at Ð ¡hris company specifically for you for only $16.05 $11/page Learn More This necessitates the inclusion of new departments within the same structure to make it robust but manageable. The most appropriate departments for inclusion engross the audit and assurance department as well as the procurement department. Finally, the plan should ensure that each department is functional and relevant. As such, they should create targets that the management reviews periodically depending on the different strengths they possess including finances and the social structures. In conclusion, leadership in management especially during the formulation of a new company is extremely important. This is because it has the team building capacity that fosters the need for unity and making rational decisions through popular participation and liaison. This case study on Leadership aspect at Ð ¡hris company was written and submitted by user Nickolas U. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Developing a Fair Compensation Plan essays

Developing a Fair Compensation Plan essays There are many factors to consider when developing a fair compensation plan. Internal and external equity are key considerations for offering comparable salary and benefits. Internal equity refers to fairness between employees in the same company while external equity refers to relative wage fairness compared to wages with other businesses. In addition to wages, it's important to determine what affects an individual's motivation. In this effort, expectancy theory can be applied. Expectancy theory is based on three perceptions, valence, instrumentality and expectancy. This paper describes the steps to achieve internal and external equity as well as high levels of motivation and cautions of the repercussions for failure to do With regards to internal equity, job descriptions, job analysis and job evaluation help employers compare different jobs and create fair compensation. Job descriptions define the responsibilities, requirements, functions, duties, location, environment, conditions, and other aspects of jobs. Job analysis is the process of analyzing jobs from which job descriptions are developed. Job analysis techniques include the use of interviews, questionnaires, and observation. Data should be gathered from executive management for all departments as well departmental managers and employees. Last, but not least, job evaluation is a system for comparing jobs to determine appropriate compensation levels for individual jobs or elements. Common techniques include ranking, classification, factor comparison and point method and are summarized as follows: Ranking: Compare jobs to each other based on the overall worth of the Classification: Group jobs into an existing grade/category structure Factor Comparison: Identify factors determining the worth of jobs such as skill, responsibilities, effort and workin ...

Hand By Hand School of Autism Research Proposal

Hand By Hand School of Autism - Research Proposal Example But if the school offers more courses and adopts a more flexible policy it can achieve much more than planned. Threats posed to school include recession in industry as well as changes in government policies or in legislature. Demographic or cultural shifts can also be lethal. Hand By Hand school of Autism will focus on the kids aging from 5 — 12 years with the autism disorder. Business is a venture of four partners where all of them are responsible for equity in the ratio of 1:1:1:1 and for management too. All are business graduates hence understand the processes and plans completely. Specialized faculty will be hired in order to maintain the standards of the school. Class room environment will be of special importance. Courses will be in accordance to the needs. Feedback will be given to the parents on regular basis. Students will have regular sessions with the psychologist in order to examine their mental health. School will help parents diagnose and assess the disorder and help cure it at early stages. School will help the kids with speech therapy, physical education, music education and outdoor activities to overcome their disabilities. School website will contain effective advertising material along with description of services the school is providing. Faculty will be introduced on our webpage to make the parents know about them. Students’ attendance record can also be checked by the parents online. Financial statements are projected at the end and some graphs are given to show the growth and profitability ratios. Vision We aspire to be most reliable and quality oriented autistic institution in Canada with an emphasis upon excellence. With excellence in quality, we also give importance towards lowering the expense of the parents. Thus, we aim to provide quality service at an affordable price. Mission To fulfill our vision we provide an encouraging and conducive to growth environment to the learners along with inculcation of excellent academic as well as extra-curricular skills to make them productive citizens. Our programs are designed in such a way that all around development of the individuals are facilitated. The programs are designed after consulting the doctors and experts. The teachers who will be hired will have significant experience in this area. Table of Contents Executive Summary 2 Vision 3 Mission 3 Industry Analysis 6 SWOT Analysis 6 Porter’s Five Forces Model 7 The Idea 8 The market 9 Competition 10 Value Proposition 10 Market strategy 12 Marketing Objectives 12 Risk 15 Financial 16 Sensitivity 17 Operational Timelines 19 The Team and Advisory Board 20 References 24 Appendix 25 The Industry Every business operates among a group of firms, who produces competing services and products, which is termed as an industry. In simple words, industry can be referred to as a group of organizations, who are dealing in identical services and products. Although there is a significant amount of differences between the competitors, yet every industry has their own set of rules regarding the price, product and distribution (C.A. Rao, B.P. Rao & Sivaramakrishna, 2009). Before starting any new business, it is important for the strategic manager to understand the structure and then decide on the ways in which the firm will be competing with other competitors. Therefore, industry analysis is a critical step in framing the strategies. Strategy is the