How does EVA improve our knowledge of performance over ROI, ROE, and EPS?
Category: Management
The Evolution of the Tech Industry and the Importance of Innovation
Using your chosen company and the work you’ve done in previous assignments, you will determine the company’s top advantages in innovation and recommend alternative strategies the company could adopt to outperform its competitors. Research your chosen company’s industry, analyze competitors’ strategies, and explore opportunities and risks in your internal and external environments to develop a value proposition highlighting the benefits that your recommendations provide.
Instructions
1. Explain how your company’s industry will evolve over 5-10 years.
o Use your analysis of the innovative and technology trends from your Week 5 assignment. Explain the best way to stay grounded and secure as your industry evolves.
2. Determine your chosen company’s top advantages over its competitors.
o Explain how company strategies and breakthroughs in the industry have created this competitive advantage.
3. Determine 2-3 alternative strategies your company could use to exploit its innovation breakthroughs for long-term survival and success. Include the following in your response:
o What organizational characteristics and resources already support innovation?
o Analyze the main advantages and disadvantages of each strategy.
4. Recommend an overall strategy to foster innovation in your chosen company. Include the following in your response:
o Evaluate the importance of innovation for the long-term survival of your chosen company and the industry to which your company belongs.
Performance management out with the old
Performance Management
Use The Wall Street Journal or another reputable business source to find an article related to performance management or employee evaluation. Provide a link to the article and discuss it, using the prompts below:
Explain the approach to performance management or employee evaluation described in the article.
As a manager, what aspects of this approach would you use to enhance the performance of employees? Why?
What would you do differently, and why?
Post your initial response by Wednesday, midnight of your time zone, and reply to at least 2 of your classmates’ initial posts by Sunday, midnight of your time zone.
Strategic Thinking, Tactical Strategies, And Competitive Advantage
1. Why is strategic planning necessary? Why do organizations engage in the strategic planning process?
2. From your readings, what are your thoughts about the ACHE’s strategic plan development process? Does it represent best practices, based on your textbook? Can you envision using a similar process within a general health care setting? Why or why not?
Embracing Change: Transitioning to a Learning Organization for Innovation and Growth
Scenario:
You have been hired as a change management consultant for a manufacturing company. The leadership of the company currently uses a top-down management approach. The organizational structure is a hierarchy (pyramid type). Employees are not encouraged to be creative or make suggestions or decisions. They are also not encouraged to experiment and come up with new solutions to problems.
The company has grown rapidly over the past decade, from generating $1 million in sales to $100 million. In the past year, the company expanded its business internationally and now has 500 employees worldwide. Due to the rapid growth of the company, the organization has not invested in training and development opportunities for its employees to drive innovation and process improvements. Additionally, the company’s processes and software systems for inventory management have become antiquated.
As the change management consultant, you will provide a report for the executive leadership team where you diagnose the need for change and explain how to plan for change, how to implement change, and how to sustain change. You will also explain how the company can transition to a learning organization in order to be on the forefront of change and innovation.
Legalizing Drugs
Thinking Passage: Legalizing Drugs: State whether or not you believe drugs should be legalized, and provide reasons to support your conclusion.
The Paradox of Knowledge and Morality
Thinking Passages: Thinking and Acting Morally: How do you explain the fact that morally evil people can be highly educated in terms of ethics and religion? How do you account for the gap that sometimes occurs between knowledge of ethics and being an ethical person?
What are your current goals?
What are your current goals? What are you doing to ensure you meet them?
Memorizing what I read
One reading system is: survey, question, read, recite, record, and review (SQRRRR). Using any one of these steps, which do you use to help you memorize what you read?
Feasible crisis management plan
Write an essay about a feasible crisis management plan