Discuss the general goals of an organization’s compensation system, including how a compensation strategy works to support the organization’s business strategy.

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Discuss Compensation Strategy and Compensation Practices

1.Compensation Strategy

Discuss the general goals of an organization’s compensation system, including how a compensation strategy works to support the organization’s business strategy. Respond to at least two of your fellow students’ postings.

 

2. Compensation Practices

Discuss the various factors that influence a company’s competitive strategies and compensation practices. Assess how a company can mitigate these factors using effective compensation practices. Respond to at least two of your fellow students’ postings.

 

Journal Article Research and Analysis

Using a variety of research techniques, write a 3-5 page essay that summarizes the impact and affect of compensation within an organization. This essay should be based on research obtained through a minimum of three journal articles.

 

Create a PowerPoint presentation for an organization of your choice, which is in the Middle East. Address the following core competencies required by the organization and explain how your organization defines each core competency, as well as how each core competency is measured and utilized by the organization.

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PowerPoint presentation

We must be able to communicate the exact core competencies we are holding employees accountable for. There are six basic components associated with a performance management communication plan, which can be reviewed in Figure 7-1, in your textbook. These components may be helpful to review when crafting your presentation.

For this assignment, create a PowerPoint presentation for an organization of your choice, which is in the Middle East. Address the following core competencies required by the organization and explain how your organization defines each core competency, as well as how each core competency is measured and utilized by the organization.

  • Teamwork
  • Communication
  • Creativity
  • Quality Improvement
  • Attendance

Your presentation should meet the following structural requirements:

  • Presentation should be 10 slides in length, with a minimum of seven content slides in addition to one title slide, an agenda slide, and at least one reference slide.
  • Provide support for your statements with in-text citations from a minimum of four scholarly articles in the speaker’s notes as well as the reference slide. Two of these sources may be from the class readings, textbook, or lectures, but two must be external. The Saudi Digital Library is a good place to find these sources and should be your primary resource for conducting research.
  • Presentation notes are required for each slide and should be put in the speaker’s notes section to support the slide content. These can be part of the presentation or delivered as a separate document. PDF files will not be accepted.

For your presentation, you will need to make sure to follow APA 7th edition and Saudi Electronic University writing standards. To be successful, you will need to support your statements with logic and argument and cite all sources references.

 

Describe the concept of Communities of Practice. Why are “Communities of practice” Important? How can organizations cultivate communities of practice? How can these communities of practice contribute towards the knowledge needs of the organization?

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 Communities of Practice

Part 1. Answer in 500-600 Words.

  • Describe the concept of Communities of Practice. Why are “Communities of practice” Important?
  • How can organizations cultivate communities of practice? How can these communities of practice contribute towards the knowledge needs of the organization?
  • Provide a detailed description of major roles and responsibilities in a community of practice.

 

Part 2. Read Chapter 9 and 10 from the book and answer the following questions. Answer in 500-600 Words.

  • What are the major steps involved in developing a KM strategy? What sorts of information is needed to recommend a KM strategy to an organization? List the major categories of stakeholders who should be involved in the strategy formulation process.
  • Why is it important to conduct an audit before eliciting stakeholder objectives?
  • Compare and contrast the three KM metrics of benchmarking, Balanced Scorecard, and house of quality. What are their major advantages and major drawbacks in monitoring progress toward strategic KM and business goals? .

 

Outline the solid understanding of the potential of entrepreneur in today’s competitive business world. Describe the place of small business in history and explore the strengths and weaknesses of small business.

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Entrepreneurship and small bus

  1. Outline the solid understanding of the potential of entrepreneur in today’s competitive business world.
  2. Describe the place of small business in history and explore the strengths and weaknesses of small business.
  3. Demonstrate the ability to deliver and communicate marketing massages in coherent and professional manner.

Assignment Workload:

This assignment is an individual assignment.

Case Study

Students are supposed to read the attached Case -Penn Brewery. Based on your understanding of the case and basic concepts of Entrepreneurship.

Answer the following question:

  1. 1. Should Tom Pastorius buy Penn Brewery? Explain. (3 marks)
  2. Tom Pastorius says, “I’m not a good employee.” What does he mean? Do you think the same is true of most entrepreneurs?(4 marks)
  3. What challenges does selling the businesses they create pose for entrepreneurs?(4 marks)
  4. If Pastorius decides to buy the brewery, what steps should he take before closing the deal?(4 marks)

The Answer must follow the outline points below:

  • Each answer should be within 200 to 500 range of word counts.
  • Reference

Note: You can support your answer by the course book.

 

This type of team can be very effective remotely because the members are working in their normal jobs and only come together when there is an issue. What does Dell credit as being a critical factor to engagement in remote team meetings?

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Chapter- 11 (11-01;11-01)

9.2 Action Required: (Knowledge Application)

This activity is important because virtual employees are increasingly considered a normal part of the workforce. Virtual teams have their own special challenges as well as benefits. Managers should know how to promote teamwork and effective work processes in a virtual environment.

The goal of this exercise is to demonstrate your understanding of teams, particularly in virtual environments, by reading a case and answering questions that follow.

Case Analysis (Remote Work Is Thriving at Dell)

Dell Technologies is considered one of the most progressive companies in the world for remote workforces. The company, which develops, sells and supports computers, was valued in 2019 at more than $36 billion and employs more than 150,000 workers worldwide. Check out the Dell career webpage that is devoted to flexible job opportunities and you’ll see the company’s pride in employees being able to choose “the work style that best fulfills their needs on the job and in their personal lives.”

Dell reports that its remote teams are as productive, if not more, versus in-person teams. The company uses team technology to connect with chats, content sharing and video conference calls. Video is credited as extremely important in engaging team members, including on executive teams. In fact, the company states that its remote team members are four times as likely to be engaged at work and two times as likely to want to stay at their current jobs.

Slack in one program was employed to facilitate collaboration with a centralized space for teams to work. Adobe Connect allows creation of information like training manuals and presentations in addition to conferencing. Skype is a go-to video conferencing software for many who work from their laptops, as well. In short, the market offers many ways for teams to collaborate virtually and maintain the ability to self-manage. Furthermore, the programs allow for highly complex team projects that can be more productive remotely when sharing documents, simulations and conducting real-time analysis.

Dell uses an extremely high level of ongoing connectiveness with coworkers, such as intra-company social media and chats. The ability to “follow” and chat with team members allows for solving issues that arise infrequently and unexpectedly. Finding and gathering your team can even be easier with remote work than in person because everyone is connected.

Due to Dell’s use of a remote workforce since 2009, the company estimates it has saved $12 million in fuel costs, not to mention the associated environmental benefits.

The future gets more remote for Dell. The company now plans that by 2020, employee global participation in remote work options will increase to 50% of its workforce.

9.3 Test your knowledge:(Questions)

  1. This type of team can be very effective remotely because the members are working in their normal jobs and only come together when there is an issue.
  2. What does Dell credit as being a critical factor to engagement in remote team meetings?

9.4 Instructions:

Read the following case about Dell and answer the questions that follow. Post your answer in the discussion board using the discussion link below

 

Write a detailed, analytical response in narrative format to the “Exercise” on page 423. Prepare a formal write up that introduces your perspective, integrates all the required elements in an engaging manner, and summarizes your findings and recommendations at the end.

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Write a detailed, analytical response in narrative format

  • Read the case from our textbook titled, “How Starbucks Convinced Indians to Embrace Coffee”, pp. 413-426.
  • Write a detailed, analytical response in narrative format to the “Exercise” on page 423. Prepare a formal write up that introduces your perspective, integrates all the required elements in an engaging manner, and summarizes your findings and recommendations at the end.
  • Your analysis of Starbucks / this case should connect — with specific examples — to various frameworks, readings/articles
  • This should be 4-5 pages long

“Exercise

You have recently joined Starbucks’ global strategy team. Given the success that the firm has seen in developing markets such as China and India, Starbucks is looking to expand into new emerging economies. Starbucks has targeted Northern Africa, Eastern Europe, and Central Asia.

You have been asked to analyze the specific economic, political, and cultural context of these regions and to describe both the strengths and weaknesses of expansion. Additionally, you are asked to make a recommendation on which market presents the greatest chance of success for Starbucks. Finally, describe what Starbucks should do differently, if anything, in order to be successful within that market. Keep in mind that Starbucks’ global strategy team wants to expand into an area where it would be economically feasible to do so, but perhaps more importantly, Starbucks is also looking to expand into a region that will accept the culture and experiences it offers.

Prepared by Matthew Sepe of Villanova University under the supervision of Professor Jonathan Doh as the basis for class discussion.”

 

Excerpt From: Luthans, Fred; Doh, Jonathan;. “ISE EBook for International Management: Culture Strategy and Behavior.” boo

 

Explain the driven reasons for changing the quality documentation system in the Nestle Waters. Outline the change objectives for both Retail Manufacturing and Home and Office Manufacturing units.

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The Assignment`s learning Outcomes:

In the 2nd assignment, the students are required to read thoughtfully the “ Nestlé Waters Unifying real-time visibility across 26 factories” case study , and answer the related questions, upon successful completion of the assignment the student should be able to:

  1. State the importance of standardization and quality standards (CLO2)
  2. Use quality improvement tools and practices for continuous improvement to achieve the organizational change and transformation (CLO3)
  3. Develop analytical skills of identifying pitfalls, or quality concerns through assimilated and strategic planning. (CLO4)

Instructions to read the case study:

“ Nestlé Waters Unifying real-time visibility across 26 factories” case study

Access the below link to download the case study PDF:

https://www.infinityqs.com/resources/case-studies/nestle-waters

“ Nestlé Waters Unifying real-time visibility across 26 factories”

case study

This case study demonstrates the application of change management inside Nestle Waters Company. In addition, it discusses the company need for quality improvement which encouraged its engineers to search for alternative system to collect and analyze their data. Read the case, by using your critical thinking skills answer the following questions:

  • Explain the driven reasons for changing the quality documentation system in the Nestle Waters. (5 marks)
  • Outline the change objectives for both Retail Manufacturing and Home and Office Manufacturing units. (2.5 marks)
  • How the InfinityQS® ProFicient™ system can control the operation processes? (5 marks)
  • Describe the management role in the change process?  (2.5 marks)

 

How did the physical environment of the cave affect the rescue plan? How did the rescue team respond to the risks of the project? Explain in 250 words

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Scheduling Resources and Costs

Assignment Purposes/Learning Outcomes:

After completion of Assignment-2 students will able to understand the

  • Defining the concepts, theories and approaches of project management. (L.O-1.1)
  • Analyze to work effectively and efficiently as a team member for project related cases. (L.O-3.1)
  • Evaluate to monitor and control the project. (L.O-3.2)

 

Assignment-2: Case Study & Discussion questions

Assignment Case study Question:(Marks 9)

Read the Case-8.3 “Tham Luang Cave Rescue.”from Chapter 8 “Scheduling Resources and Costs” given in your textbook – Project Management: The Managerial Process 8th edition by Larson and Gray page no: 304-307 also refer to specific concepts you have learned from the chapter to support your answers. Answer the following questions for Part-1, Part-2.

 

Part-1: Case study questions

  • How did the physical environment of the cave affect the rescue plan? Explain in 250 words (3 Marks).
  • How did the rescue team respond to the risks of the project? Explain in 250 words (3 Marks).
  • Some have called the rescue a miracle and that luck was the decisive factor. Do you agree? Explain in 150 words (3 Marks)
  • Why would people resist a multi project resource scheduling system? (3 Marks) (200 words)
  • What do you think would have happened if the Washington Forest Service did not assess the impact of resources on their two-year plan? (3 Marks) (200 words).

Part-2: Discussion questions

Read Chapter 8 Pg-No. 279 & 281 carefully and then give your answers on the basis of your understanding.

 

Carefully read the article and write a 3 – 5 page essay that includes points and observations from the article and discusses how it relates to your experiences.

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Mintzberg article

You will turn in an essay on the Mintzberg article. Carefully read the article and write a 3 – 5 page essay that includes points and observations from the article and discusses how it relates to your experiences. Consider each role and how they fit within a current or past organization and feel free to consider the pros and cons/significance of each role as well.

In the development of the Theoretical Framework, Mintzberg identifies 3 roles.
– Interpersonal Roles (Figurehead, Leader, Liaison)
– Informational Roles (Monitor, Disseminator, Spokesperson)
– Decisional Roles (Entrepreneur, Disturbance-Handler, Resource-Allocator, Negotiator)

Argument Logic and Construction
A clear and convincing argument presents a persuasive claim in a distinctive and compelling manner. All sources are authoritative and credible.

Prepare an outline of what you plan to cover in your research paper. Include a sentence or two regarding content and direction in each section.

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Creation and implementation of a new performance appraisal system or method of conducting performance appraisals.

Prepare an outline of what you plan to cover in your research paper. Your outline should also include a sentence or two (with citations) regarding content and direction in each section.

I. Introduction (2 – 3 paragraphs) (cite)

  • A.The topic of interest or main idea
  • B.Problem statement (why)
  • C.Background of the problem

II.Main body – Section 1 (4 – 6 paragraphs) (cite)

A.Extent of problem

  • 1.What?
  • 2.Why?
  • 3.When?

B. Who and how of the problem (cite)

  • 1.Examples
  • 2.Facts

III.Body – Section 2

A.Cause and effect (cite)

1.This is/was the problem, and this is the solution

IV.Body – Section 3

A.Possible solutions

  • 1.What measures must be taken
  • 2.What will work and what will not
  • 3.Probability

V. Conclusion (cite)

  • A.Summarize relating back to introduction/problem
  • B.Restate thesis