The Mis Management Decision Making Problems

The Mis Management Decision Making Problems The situation given here is lacking in the things which are very important for the business performance and in management decision making. Less time consumption and more output is most important part of best business performance and management decision making. But in the case mentioned above, waste of time is very much as the whole week is used by the company to collect the spreadsheets from the heads of outlets and these outlets are more than 30 across the GCC. And not only collection is the job after that consolidation and re entering of all the data into another spreadsheets and this whole process is also time consuming. Utilization of more time declines the performance of the business time is the factor which allows the competitors to capture the market. Management decision making is based on the analysis of performance but in the case above there is no time to analyze the performance as the collection process is taking so much time that no time is left for making decisions. So t his results in poor management decision making. Decision is made on the data management but in this case there is no management process and everything depends on that financial analyst and that one week of collection and re entering of spreadsheets. Scenario 2- Ques- What is the business impact of this situation? Ans- There is immense business impact as the situation is worth thinkable as they are facing so many problems with the ownership of the mom-and-pop business at one of the costliest place in the world that is Abu Dhabi. The business is facing a downfall every second which does not seems to be improved in the near future due to various reasons as there is not enough of the sales persons involved in the which mainly results in the short and lose of a sale as the records could not be counted instead their own judgment plays an important role. There could be extent loss which is faced by the owners Jasim and Mariam. So the impact on the business could be worst if the business is not handled tactfully. Ques- How could information systems help Jasim and Mariam run their business? Ans- There are many information systems which means the combination of Information technology and the activities related to the people where technology is used to operate the management which is a much need of the corporation that is mom-and-pop business running in Abu-Dhabi, mainly it is a form of communication which can support human decision making and action of the people where it is suitable for the business as it could not be handled by the two persons which are facing many problems related to the management. Ques- What data should these systems capture? Ans- There are various sector on which the information system which act as a special type of work system as it work like a human to abstract the data like humans use the resources to produce a specific product or services for customers. The main problem which is faced is about the management of the business which cannot be handled by the owners of the company which is best suitable work for the Information system whose activities are dedicated to the processing which includes transmitting, manipulating, displaying, storing, capturing and retrieving that is what required managing the records of the business. There are many problems being faced by the owners which can be reduces through Information system that mainly focus on the information systems discipline and organizational informatics. Ques- What reports should the systems produce? Ans- In present time the information system is the best combination which is meeting up the requirements of the people as there is globalization seen in the market. The result which is produced by the information system is basically the solution for any problem and mainly in the management sector. There should be a permanent solution which should be given by the information system where there should whole procedure mentioned in order to keep the detail records of the shipment arrived. Whole of the system should give the clear report about the things which is to be improved and the process which are to be adopted for the better management. Ques- What decisions could the systems improve? Ans- There are various decision which are getting out of the track as they are not bringing the profit to the business which are the rent which they pay, problem in keeping the detail record, sometimes they face short of sale due to their wrong judgment and many other factors which can be factor in decrement in the sale of the business. The information systems which are used can be helpful in improving the above situation which may reduce the workload from humans as it can keep the records of the sales and the system is considered as the socio-technical system which is a mediator between the actions and technology. The whole of processing could be done through the information system as there are many processes which cannot be handled manually. Scenario 3- Ques- What business problems are created by not having these data in a single standard format? Ans- As there are many items which are currently running under the different database which is to be obtained under the same corporate-wide view of the critical sales information which can result in giving clear view of the best selling products according to the key customers, sales trends and geographic areas. There are many problems which are faced by the company or organization as it could be result in the cumbersome situation to judge the items overall review as it contains many things such as Product ID, Product description, Units sold, Cost per unit, Division, customer ID and many other things which is to be mentioned at the time of overall view of the product, therefore there is a need of single standard view under which there should be judging of the products could take place. Ques- How easy would it be to create a database with a single standard format that could store the data from both systems? Identify the problems that would have to be addressed Ans- It is lot easier to work in a database with a single standard format which could store the data of the two systems containing different products. The product should be defined under the different categories which make it easier for the employees to search a particular data under a particular heading instead there are many problems which are then being faced by the employees as there are many data which does not fall under any categories has to be given a separate heading which captures more space, sometimes the system is overloaded with the data which is stored monthly. So these were some of the problems which is addressed. Ques- Should the problems be solved by data specialists or general business managers? Explain Ans- The problems which are faced in the above situations is not a severe problem which requires any team work or any superficial officer, it can be solved through specialist of that area or sector and the business managers but now it depends on the problem which is faced as it could be technical or problem related to the management. So the problem which is technical could be solved by the Data specialist as heshe would be having greater knowledge of the problem instead of the manager who is mostly having the knowledge regarding the management field as they can handle the workforce working in any sector or area. Ques- Who should have the authority to finalize a single company-wide format for this information in the data warehouse? Ans- There are many people who have authority to finalize the single company-wide format but most of the time there is a discussion or meeting which is held to discuss about the advantages and disadvantages about the format and the result which comes out of the discussion is applicable on the working system as it is the outcome of the great minds working together. So mainly the power is with the CEOs of the company but for the sake of safety there is discussion which is necessary to be performed. Scenario 4: Ques- How could information systems help Paris Gallery management implement this new strategy? Ans Information system provides information on past, present and future project and also gives the information about relevant events inside and outside the organization. In this case the information system could help Paris Gallery management by gathering relevant data about the perfumes, cosmetics, bags, watches, jeweler and accessories and covert them into right information by telling the taste of the local people and would also help in supplying the same products which are matched by the taste of color, size etc of the local people where Paris gallery stores are present.. Information systems also gives information that gives indication about the goodà ¢Ã¢â€š ¬Ã¢â€ž ¢s and bad of the new proposed ideas and through the information given by these systems Paris Gallery management could sense the advantages of implementing the new strategy. If the information provided by these systems indicates the failure of the new idea then the Parris Gallery management can change or modify their st rategies. IN these ways the information provided by the system could help in implementing strategy in the perfect way. Ques- What pieces of data should these systems collect to help management make merchandising decisions that support this strategy? Ans For helping the management to make merchandising decisions that support this strategy the pieces of data like the taste of the local people, which products are preferred by the local people, characteristic of products like color, size which are more purchased by the people should be collected by these systems. These systems should collect the information about number of stores that are already selling that type of products, which stores are preferred by the local people should be given to support the planning and control function of manager. These all data should be collected by the information systems for supporting this strategy of Parris gallery management. Scenario 5- 1 What factors should be considered? Ans- There are various factors included in the communications which already exists between the employees in the Oasis medical supplies corporation where telephone services, mobile phones and emails are generally used which is not compatible with the advancement in the technology of equipments so there is requirement of advance, fast and cheap communication where there are various factors play an important role which exists mainly in the unified communication which has main application of deploying powerful speech-enabled self service which is very useful for the purpose it is being used in the corporation where there could be emergency in the requirements to supply to the hospitals, clinics and medical offices. There are around 500 people who are employed in the corporation at several locations in UAE who has to remain in contact every single second that cannot be achieved through the cell phones, emails and various kinds of voice services. 2 What are the key decisions that have to be made in determining whether to adopt this technology? Ans- As there is communication between the employees of the companies the problems arrives when there is some sort of problem while using the traditional telephone services, mobile phones, e-mail and instant messaging instead of which there is another approach to the communication which is known as unified communication. The unified communication has more benefits as compared to the mentioned above communication as it is used in maximizing the existing infrastructure which can help in avoiding investing in the infrastructure sector, there is a stream line end-user communication which helps in adopting the latest versions of communications. The most important benefit is increase in efficiency and reduction in cost which is majorly considered while there is so much communication required in the firm. (Benefits, 2008)

Jurassic Park :: Essays Papers

Jurassoc Park A billionaire has created a technique to clone dinosaurs. From the left behind DNA that his crack team of scientists and experts extract he is able to grow the dinosaurs in labs and lock them up on an island behind electrified fences. He has created a sort of theme park on the island which is located off the west coast of Costa Rica. The island is called Isla Nublar. He plans to have the entire planet come and visit his wondrous marvels. He asks a group of scientists from several different fields to come and view the park, but something terribly goes wrong when a worker on the island turns against him and shuts down the power. The main characters in the book are: John Hammond who is a billionaire developer who has used his resources to create the dinosaur filled island known as Jurassic Park. He is an old grandfather, and he dies in the book by a dinosaur known as a Procompsognathus. Dr. Alan Grant who is a renowned paleontologist, agrees to visit Jurassic Park only to find out it is the home of several Dinosaurs. Unlike the movie Dr. Grant loves kids in the book. Dr. Ellie Sattler is a Paleobotinist and Alan Grant who is among the first people to tour Jurassic Park. Tim who is the 11 year old grandson of John Hammond is very into computers and loves Dinosaurs. His 7 year older sister is Alexis. She has a kind of tomboy attitude and loves baseball. Ian Malcom is the Mathematician that uses "Chaos Theory" to predict disastrous results. Finally there is Dennis Nedry. He was the computer genius who's greed and ambition bring chaos to Jurassic Park. The characters show the greatest difference in the movie and the book. There were many opposites in the characters. One of the obvious differences is that the roles of Tim and Lex were reversed. The book starts off when some of the dinosaurs have escaped form the island.

Review the Issues Involved in Strategic Planning Essay

Every year at about this time or a little earlier, we start the process of ‘strategic’ planning. The annual planning process, for all its focus on analysis, or template completion, can easily fall into the apparently comfortable tactic of merely updating the activity from last year’s plans. Often, however, what is really needed is a fresh approach which can pay dividends. Approaches to planning differ, depending upon the attitude and culture of the company involved, which in turn affect the relative importance given to different elements of the process and the output. Some companies are heavily financially oriented, making the desired output more focused on numbers than the thinking behind those numbers. Other organisations focus heavily on the resource implications of the tactical plan, and particularly sales force allocation and efficiency. Not all companies perform truly strategic (long -term) market-centred planning, but all companies generally aim to produce a set of financial forecasts. The major differences are in the way they get there and as a consequence the basis on which those forecasts are derived. First and foremost, the organisation needs to be clear about what issues can get in the way of developing a sound strategic plan before deciding on an appropriate approach. Clearly all planning is driven to an extent by profit and financial forecasts but there is a need to be clear what else the plan has to deliver for the organisation, the individual, and the brand – the planning ‘need’ – otherwise the process used may be sub-optimal. Why does the organisation need a plan? What is it meant to deliver over and above the financial projections? Many companies are often unaware of the issues and constraints that will affect the planning process and output , for example the local operating company situation. Are the right resources, the right experience and the right information available at a local level to develop and complete the plan? Can the local markets get the right quality of information they need to drive good quality thinking? If not, then how can this be provided to ensure the right level of thinking is achieved? It could also be that the chosen approach is too sophisticated or inappropriate to deliver the required answers. For example, the process may have all the ‘standard’ elements of analysis but there is no thought given to what each element is telling them. All companies do have a structured process but if the process does not drive the necessary thinking then the resulting plans can be limited. If the process does not challenge the planners to consider different ways of doing things but is merely a set of agreed templates and a time line for deliverables, the resultant forecast simply becomes a straight line projection from historical sales data, and activity remains the same as last year no matter whether or not things are changing in the market. This is the apparently ‘safe’ option but it rarely maximises return on investment and is often not safe at all. Above all the process needs to raise the right questions, stimulate debate both internally and with external stakeholders, and force conclusions to be drawn from the analysis and interpretation of information that can then form the basis for strategy development. And finally, senior management by their actions and questions often demonstrate that all they are really interested in are the numbers, with no challenge or credence given to the thinking behind those numbers. Even though a thorough process is used to arrive at a market -based forecast, senior management just focus on the revenue with/without profit Sometimes the budget or forecast even comes before the planning/thinking in time, and at other times it is ‘imposed’ so the plan reflects how to achieve it, not whether it is at all achievable. There are three very different approaches to strategic planning in our experience: The data-driven approach is based on hard data collected from a variety of sources, both primary panels and syndicated data, from which a market model is then built by brand from the bottom up. Issues are then identified but there seems to be no real focus on what drives success in local markets, or on what competitors will do and the impact of their actions. This approach can simply lead to ‘more of the same’, making a projection based on the previous year and no real change in approach, with the whole focus being on next year’s revenue. While many companies may not use such an apparently numbers-focused approach they still act in the same way, with the forecast being the key, rather than the rationale behind it. To overcome the inevitable local variances in both resource and/or experience and to ensure a consistent base for review, many companies utilise a template-led approach . This consists of a pre-defined plan with key headings that can be amplified or contracted, but with certain key elements which must be completed. This option works well as it provides a structured process for analysis, with check questions at each stage. However in some cases we have seen that such an approach can still be very financially focused. Sometimes it does not analyse the brand and company strengths and weaknesses in a meaningful market-centred manner, to enable a market -led SWOT analysis and often there is still not enough competitive focus. The next level is often seen in the ‘marketing excellence’ approach, where the organisation provides an integrated planning tool comprising standard marketing planning software. In a sophisticated example this allows local working but is linked into a central supporting database, with aspects that can be adapted and others that are fixed. The beauty of such a process is that it is transparent, allowing a clear overview of who is performing well, and enabling experience and successes to be shared. However when this is a relatively new process people tend to take time to get to grips with the process resulting in ‘doing the process’ rather than really thinking about what each step is telling them. Moreover for this approach to be used effectively, senior management must understand the process very well so that they can interrogate the people who are developing the plan. Efforts to plan correctly often fail due to poor alignment between personal and corporate goals – people are often rewarded for achieving short-term deliverables with secure outcomes rather than longer term brand building and innovation or driving change. In summary the key issues in strategic planning are: Not being clear about the planning ‘need’ Not being aware of the issues and constraints that will affect the planning process and output Approach too sophisticated or not appropriate to deliver the required answers The financial forecast is all that matters, with the thinking behind those forecasts being ignored or not challenged/considered Process not challenging people to think or act differently Insufficient external focus: environment and/or competitors Lack of real focus on (new) opportunities for growth Poor expertise at local level More tactical/operational than strategic focus So what works well in overcoming some of these inherent problems? Ensure a complete and effective structured process to develop the analysis base. Output should focus on alternative scenarios and ‘what ifs’ working from a base plan. Thereby, focusing on incremental growth and type of incremental drivers that need to be addressed. Build market -based forecasts by brand at country level. This requires country plans and budgets built from bottom up by brand and forecasts linked to hard data and clear market maps. Allow enough time for countries to make amendments based on sound strategic thinking and then finalise forecasts ? do not just use Excel formulas. Balance the need for a ‘quick’ solution with a complete process (analysis and review). Value the process, including through management attitude, and align management with the strategy. Key imperatives are to ensure a complete and effective structured process to develop the analysis base, with structured external and internal analysis, and check questions at each stage. The process should be transparent, reviewed by management so that the output is seen by senior management during budget process. Multi-functional teams should build plans with all key stakeholders involved, but led by marketing. Recent surveys show that where companies use a good formal process, satisfaction with strategic planning is higher. Companies are looking more and more at processes that drive to different strategies and/or activities. However, there is a demand for a stronger link in pharma between action and reaction, i. e. if we do X then â‚ ¬Y will result. Strategic planning should prepare executives to face the strategic uncertainties ahead, and serve as the focal point for creative thinking about the company or the brand’s vision and direction. It should also be about making choices between competing priorities, focusing on strategic as well as operational issues. This will ensure that progress against the strategic plan is monitored. There are a number of ‘tricks of the trade’ that help in strategic planning. Among the best practice companies, executives who carry out strategy also make it, and plans reflect goals and challenges. It is important to use any plan to identify growth opportunities, both within and outside the core business. Monitoring progress against the strategic plan is critical and a key area for improvement. It is important also that planning meetings are true ‘conversations’. Simple ‘tricks’, such as having only a small number of the right people in the meeting, can pay dividends. The process also takes time, so more than one meeting is required. It is also important to avoid combining strategy reviews with discussions of budgets and financial targets because when the two are considered together, short-term financial issues tend to dominate at the expense of long-term strategic ones. The ideal process leads to strategic decisions that allow the company to meet goals and challenges. It assesses risks as well as benefits, but is based on fact, focusing on strategic issues, and is therefore not merely tactical. The ideal process ensures that those who will carry out strategy are involved in developing it, builds shared understanding of market dynamics, and emphasises discussion of issues not process. Planning should build ‘prepared minds’ through dialogue to make sure that all decision makers involved have a solid understanding of the business, its strategy, and the assumptions behind that strategy. Then it will be possible for them to respond swiftly to challenges and opportunities as they occur during the year. No strategy process can guarantee great flashes of creative insight, but much can be done to increase the odds that they will occur. The process can be used to challenge assumptions and open people up to new thinking.

Industrial Revolution Took Place - Free Essay Example

Sample details Pages: 5 Words: 1504 Downloads: 8 Date added: 2019/05/07 Category History Essay Level High school Tags: Industrial Revolution Essay Did you like this example? Introduction This paper explores three published articles that show how the Industrial Revolution started and shaped society. The Industrial Revolution began in Britain during the 18th century and later moved to other countries such as Germany, France, and the United States. This is the time when agricultural societies became more industrialized. Industrial Revolution drastically changed society, because before the Industrial Revolution people were mostly in small rural communities and everything was handmade, life was difficult before the industrial revolution. People had to produce their own food, clothing, furniture, and tools. When the Industrial Revolution took place machines and factories replaced merchants. Also, transportation, communication and banking became more advanced due to the Industrial Revolution. The Industrial Revolution changed the difference between the rich and the poor drastically. The Industrial Revolution made the gap larger because the workers of the factory were barely making enough to support their families and the owner of the factories were getting all the profits. Birth place of industrialization Industrial Revolution evolved in Britain in the 18th century, mass production factories started to take place. Don’t waste time! Our writers will create an original "Industrial Revolution Took Place" essay for you Create order Industrial Revolution changed Britains society forever because everything had changed. British industries were small workshops, and everything was made by hand before the Industrial Revolution. Britain was dependent on India for cotton however after the Industrial Revolution they can take raw cotton and made the thread themselves. Soon After the Industrial Revolution moved beyond Britain to United States because of a man named Samuel Slater known as the father of the American Industry. According to the article McNeese, T. (2017). In 1789, 21-year-old Slater was a manager at the Cromford Mill. That same year, he read an advertisement placed by the Pennsylvania assembly in a local paper in Derby. The ad was a recruiting call for Englishmen who had the skills to build textile-producing machinery, to immigrate to the States. Any such skilled individual was promised a cash reward. At that time, advanced English textile technology was kept under legal lock and key, with laws declaring it illegal for any such individual to immigrate out of Great Britain. Any such textile expert who tried could be imprisoned. Slater was intrigued and enticed by the Pennsylvania legislatures offer. Soon, he began memorizing the mechanics of the mill where he worked, making furtive sketches and drawings at home. Arkwrights ideas were going to America. By September 1789, Slater was on his way to London where he bought his passage on a ship bound for the U.S., putting down on his application for immigrating that he was a farm boy his disguise was simple he simply donned the clothes of a country farmer. Here was young Slater, taking an alias, smuggling himself out of his native country, to gain advantages for a new life of textile-making in America. Samuel Slater successfully brought Industry to the United States. Samuel Slaters mill was successful and provided labor for children and in America. Americans were leaving their farm and moving to the urban areas where they would work in factories. United States went from being agrarian society to being Industrialized urban society. Innovation During the Industrial Revolution many things were invented such as telegraph, telephone, steam boats, steam ships and Airplanes. These inventions caused the economy to increase rapidly. Communication became easier because the invention of electrical telegraph and telephone these allowed people communicate from a long distance. The transportation industry had a significant transformation during the Industrial Revolution because of the steam engine, steamboat, and steam ships were invented. These allowed people to travel long distance. Horse-drawn wagon was the main transportation before the Industrial Revolution but after people would travel more efficiently. Quality of life during Industrialization Quality of life improved only for the middle and upper class, when it came to the Industrial Revolution. The Industrial Revolution a had a dark side because it brought struggles for the lower-class and the gap between the poor and the rich expanded drastically. The lower class were living in crowed, unsensitized urban communities while the rich owned big anchors of land and mansions. Also, people that owned the factories were making all the profits, while the workers were working long hours for little pay. One of Karl Marxs capitalism theory is workers getting paid little while capitalists get rich which he calls Primitive Accumulation. Life, T. S. (2014, December 19). Stated that Karl Marx believe that the capitalist shrunk the wages of laborers much as possible in order to skim off a wide profit margin. He called this primitive accumulation. Whereas capitalists see profits as a reward for ingenuity and technological talent, Marx far more damning. Profit is simply theft, and what you are stealing is the talent and hard work of your work force. Marx insisted that at its crudest, capitalism means paying a worker one price for doing something that can be sold for another, much higher price. Profit is a fancy term for exploitation. The reason why the capitalist had gotten away with such act was because, they knew that people desperately needed job and that they would work even though they would get paid little money. This is the same thing when it came to immigrants during the late 19th century, immigrants were desperate for work and they would work no matter the condition and how they were paid. The book The Jungle explores how an immigrant family who moved to the united states thought that they were going to become rich but end up living in a rat-infested building and working in unsafe factories. Children were digging through the dumb desperately need of food, where the rich would throw away their unwanted food. SINCLAIR, U. (1906). To this place there came every day many hundreds of wagon-loads of garbage and trash from the lake-front, where the rich people lived; and in the heaps the children raked for food-there were hunks of bread and potato peeling and apple-core and meat-bones, all of it half frozen and quite unspoiled. Working conditions The working condition were horrible the book The Jungle shows the character Jurgis, who was working in the meat factory mentions that people would sometimes fall in the vats and they would often get turned into food. The meats were infested with rats, if one of the workers got hurt, they would just get fired instantly. SINCLAIR, U. (1906). Who worked in tank-rooms full of steam, and in some of which there were open vats near the level of the floor, their peculiar trouble was that they fell into the vats; sometimes they would be overlooked for days, till all but the bones of them had gone out to the world as Durhams Pure Leaf Lard! Upton Sinclair demonstrates how the factory owners didnt care about the working conditions of the workers or how the meat that were being processed were unsensitized but simply all they care about was profit. SINCLAIR, U. (1906). Water from leaky roofs would drip over it, and thousands of rats would race about it. It was too dark in these storage places to see well, but a man could run his hand over these piles of meat and sweep off handfuls of the dried dungs rats. These rats were nuisances, and the packers would put poisoned bread out for them; they would die, and then rats, bread, and meat would go into hoppers together and the people who are working wont even bother to lift out a rat when they saw one. Teddy Roosevelt was outraged by seeing how meat were being processed Sinclair was summoned to the White House by Teddy Roosevelt, and on June 30, 1906, the Meat Inspection Act passed. Another dark side that the Industrial Revolution child labor caused was that children would usually be working in the factories instead of going to school because one working family wasnt enough to support a family because the wages was so low. Children would often get beaten. Allen, R. C. (2017). The Slater system did not operate exactly in the fashion of English mills, where children were often beaten and abused (Slater did whip his young, orphan workers from time to time, but he also established a Sunday School for the moral training of his young employees), but instead was sanctioned by the young workers parents who approved of such mills and the work their offspring performed in them. Slater mills became popular in New England, as well as other parts of industrializing America.   Works cited Buyst, E. (2018). The Causes of Growth during Belgiums IndustrialRevolution. Journal of Interdisciplinary History, 49(1), 71â€Å"92. https://weblib.ucc.edu:2217/10.1162/jinhpass:[_]a_01232 History.com Editors. (2009). Industrial Revolution. Retrieved from https://www.history.com/topics/industrial-revolution/industrial-revolution Allen, R. C. (2017). The Industrial Revolution: A Very Short Introduction [Abstract]. Very Short Introductions. doi:10.1093/actrade/9780198706786.001.0001 SINCLAIR, U. (1906). The Jungle. S.l.: Upton Sinclair. McNeese, T. (2017). Samuel Slater: The father of American industry. In The Industrial Revolution. New York: Facts On File. Retrieved November 30, 2018, from online.infobase.com/Auth/Index?aid=17310itemid=WE52articleId=527561. Life, T. S. (2014, December 19). Retrieved December 04, 2018, from https://www.youtube.com/watch?v=fSQgCy_iIcc