Management practices Essay
A. Comparison Let’s take a look at some organizations/companies that won some awards regarding the excellence in management. For the supply chain excellence, the Starbuck’s Coffee chain having the strategy model of high-speed build-to-order delivery services has been recognized. The Starbuck’s Coffee won one of the dealings on the supply chain excellence; speed. To measure the excellence in management of the Starbuck’s Coffee, a checklist was made with all the criteria of being excellent in management as the standard basis. Criteria Starbucks (does the company possess the following)
YES No Strategic Planning v Effective Delivery v Accountability v Innovation v Sustainability v Learning Culture v Measurement of Achievement v Workforce Development v Enterprise v Leadership v Customers Intimacy v Another example of a company that we will evaluate is the Mississippi Power. The Mississippi Power products become out of the market and become obsolete. The company faces the deflation when their product (electricity) dramatically goes down from a hundred dollars worth per unit to the price amounting of three dollars per unit. Criteria Mississippi Power YES No.
Strategic Planning v Effective Delivery v Accountability v Innovation v Sustainability v Learning Culture v Measurement of Achievement v Workforce Development v Enterprise v Leadership v Customers Intimacy v The comparison showed by each checklist each of companies have shortly tells us whether they possess the qualities an excellence in management must acquire. An excellence in management in an organization must work out to its integrated range, the organizations NEEDS, the activities/projects RESULTS, human capital/organization WORKS, and the organizations COMPETENCE.
Identification of needs must be considered first. After identifying these needs, will be the formulation of objectives that will satisfy the needs of the organization. The works to be done, processes, methods, approaches, to get these results come to the third step. Through the pursuit for excellence of the organization, it will eventually improve its competitiveness in the constantly changing market. As shown in the diagram, the first is to know the needs. The needs will determine the results and then the results will determine if the needs satisfy the resulting output (Barclay, 1997).
Also shown in the diagram is the competence can be achieved through empowerment of leaders and managers to do the work (motivation of workers by the leaders and manager). And the work done would define the results. Vice versa, the results will dictate regarding the work, whether the work done is appropriate for the expected result or if there is a need for an improvement.
Reference: Barclay, R. O. (1997). What is knowledge management? Retrieved June 19, 2007, from http://www. media-access. com/whatis.html Pollock, N. (2001). Knowledge Management: Next Step to Competitive Advantage – Organizational Excellence. Retrieved June 19, 2007, from http://findarticles. com/p/articles/mi_m0KAA/is_5_30/ai_80747127 Resources, B. (2006). Developing an Accessible Technology Plan. Retrieved June 19, 2007, from http://www. microsoft. com/enable/business/plan. aspx Studies, F. (2004).
Federation Study 2001: A Study of the Incentive Merchandise and Travel Marketplace Retrieved June 19, 2007, from http://www.incentivecentral. org/Federation_Study_2001__A_Study_of_the_Incentive_Merch. 457. 0. html William K. Redmon, A. M. E. D. (2005).
Promoting Excellence through Performance Management. Retrieved June 19, 2007, from http://books. google. com. ph/books? id=cQaKwOyf0G4C&dq=Excellence+through+Performance+Management&pg=PP1&ots=KGWsYsAPQz&sig=XjSUTaKJeq1qndHXpyTrz5iq5vc&prev=http://www. google. com. ph/search%3Fhl%3Dtl%26q%3DExcellence%2Bthrough%2BPerformance%2BManagement%26meta%3D&sa=X&oi=print&ct=result&cd=1#PPP7,M1.
University/College: University of Arkansas System
Type of paper: Thesis/Dissertation Chapter
Date: 17 May 2017
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