Harvard Business Review Competitive Forces Paper Essay

Harvard Business Review Competitive Forces base - Essay ExampleHowever, the risks can be translated to a competitive advantage (Porter, 2008). Areas where IT represents a risk to guilds competitive advantage Physical threats Physical threats arise from damage of high society servers and other IT resources e.g. by fire, theft and floods. It whitethorn too authorize as a result of unauthorized access of randomness by malicious employees. Electronic threats Such risks when they materialize aim at compromising the tuition trade protection of a company. They come in the following ways virus attacks e.g. luv bug and Melissa viruses attach by black hat hackers who are unremarkably malicious and crack your IT system hoping to gain fewthing out of the information fraudulent emails and websites. These threats can cause fraudulent transactions. The staff to a fault misuses organizations emails and web. Organizations bandwidth can also be use by Staff who performs peer-to-peer file tr ansfer and sharing. Failure to update or configure the organizations software usu each(prenominal)y brings about these types of threats. Technical failure Occur when a hardware device ceases to function or some of its components get damaged. In some instances, it occurs when a software bug is introduced to the system or shows up imputable implementation errors. This failure can occur due to large, complex systems which are unstable and are much maintained and updated. Infrastructural failure Occurs when network and power outages occur and one cannot access the internet. These will definitely foil the business process and valuable transactions might be missed out. A company may have an Uninterrupted Power Supply, but in other cases, they seem to fail. Human error These happen when an employee fails to adhere or to be keen to IT stipulated policies and procedures or when an employee accidentally deletes important business data. Specific areas in which IT may support or promote a com panys competitive advantage admit the IT environment/estate In order to manage risks, a company needs to know all its IT assets. It needs to know how many servers are there, how many PCs per department, the applications running on the servers and client PCs. The company should also keep track of who uses which IT asset, who manages the assets, supports the systems, the data stored and processed in servers and machines, the workflow of the processes e.tc. A company might govern the importance of an asset by the data they store the liability which can be got when the data gets mishandled. Companies also have tools which track the assets even by the person who uses it and can even happen in accredited time, but the most important thing is arranging the assets in assorts which are organized e.g. as a business unit, data center product line. It can be put in any grouping which allows the analysts to do their job without too much consultation or up and down movements. A theater direc tor may want to view analysis reports or an auditor may want to view complaisance reports. Identifying risks and policies The organization needs to identify the risks which are a likely and their probabilities. It should also identify the policies which can be utilized in managing risks. The starting point is identifying the operational policy controls which are usually under the companys IT Governance and risk compliance (GTC) program. The operational controls standards used

Social Responsibility of a Business Term Paper Example | Topics and Well Written Essays - 1000 words

Social Responsibility of a art - Term Paper ExampleThis famous claim by Friedman however triggered a debate on what the neighborly province of a blood sector is. The crinkleperson Mackey disagreed with Friedmans thought terming it as narrow and underselling human-centred aspect of capitalism. Mackey strongly believes that the social debt instrument of a business is not only to increase lettuce but also to create value for all the stakeholders in the business. Mackey argues that the social state of a business to sh areholders, society, and the stakeholders are varied and all are satisfied in different ways, which should be taken hard by any kind of business to be successful. I strongly agree with Mackey that the social responsibility of a business is not only to increase profits, but also to satisfy the needs of the society, shareholders, and stakeholders, which are as well important. Social responsibility of business to stakeholders The stakeholders in a business compris e the community, employees, suppliers, and clientele. harmonise to Mackey (2005), all these stakeholders draw the meaning of the business in their own way of satisfaction. It is worth noting that the groups needs are varied as well and the needs are satisfied in different ways. ... Satisfied employees in any business will translate into efficiency and quality output, which are valuable assets to the business. The social responsibility of a business to employees include, good working conditions and attractive salaries and wages, social security such as redress and pension schemes, better living standards among others. Suppliers are as well important to a business and hence there is need for a business to satisfy the suppliers socially. Mackey believes that all the stakeholders in a business are important for a business to attain its goals. Suppliers supply business raw materials needed to produce certain(prenominal) goods or services and it is their responsibility as well to get the finished products close to the customers. For the smooth procedure of the business, the social function of the business is to give them a fair deal in the business. Social responsibility of a business to shareholders The shareholders in laymans term are the owners of a business and the social responsibility of the business is to satisfy their needs. Although most shareholders majorly focus on increased profits, Mackey admits this though in a different perspective. According to Mackey, profits maximization should not be the soul goal for a business but the business need to put for the first time the interest of the entire stakeholders. Mackey (2005) argues that by putting first the interest of the stakeholders by value creation, this will act as a means to an end. As the business works hard towards maximizing profits for the investors, it is important to bear in mind that by delicious the customers and other stakeholders, the profits are likely to increase. The shareholders be ing the owners of

Q 4 week 4 Essay Example | Topics and Well Written Essays - 500 words

Q 4 week 4 - Essay ExampleAll the departmental heads should be encouraged to share their views and ideas and efficaciously communicate the same to the top level management. Also, the employees should be encouraged to generate and share their ideas, views and concerns and facilitate the share of such information through establish effective channels of communication. These strategies should be well suited to fleck disaster recovery management in case of drastic deviance from the targeted goals and ensure adequate measures to alter business continuity. The sharing of information and ideas facilitates greater and smoother functioning of the organization as a whole, and blistering achievement of its goals and aims, thus the top level management should be entrusted with the authority to design and develop enamor information sharing communication channels across all departments of the organization.The branch of converting an organizational strategy into actionable and achievable goal s involves rigorous implementation of project management methodologies and application of critical strategic measures developed at the organizational levels to prevent any deviances from the stated goals / objectives. Leadership plays a significant role in the process as well, as it is the leadership qualities and the sheer grit and determination of the leader, his faith in his visions and the ability to penalize his dreams into realizable and achievable goals that ensures timely and successful fulfillment of the common organizational goals.Various significant concepts and tools utilise in the simulation that could be used for development of a strategic plan include, assessing the internal and outside factors critical for organizational success, developing of appropriate long term organizational objectives and strategies to achieve the same, conducting SWOT analysis, Matched match Analysis etc to analyze the

Historiography Essay Example | Topics and Well Written Essays - 500 words

Historiography - Essay ExampleTrying to connect atrocities and brutal, ferocious events such as conquests and annihilation of peoples with the system is a bit problematic, though. When thinking of men like Hernan Cortes, the Spanish conquistador that has invaded the States and eventually slaughtered the primeval Americans super viciously, or like Hitler, which ascended to power in Germany in 1933 and was responsible for the most horrible murders of over 6,000,000 people, theres a difficulty in attributing the word great to them.Lets take the case of Cortes, for example. He had arrived in North America and at first befriended the Native Americans, accepting their gifts, enjoying their hospitality and planning some kind of cooperation with them. However, as m went on, major differences started to be evident between the Spanish army that mingled with the Native Americans. For example, the Spanish had a fleshy time understanding the religious customs and traditions the latter had. T hey saw some of their rituals as barbaric and primitive, since they gnarly human sacrifice and body mutilation. In time, tensions grew between the two groups until they reached a boiling point. From that point on, what happened was debatably inevitable. that was it really? Cortes was singlehandedly responsible for the brutal killing of many Indians, and what had previously started as an amicable friendship sullen into a most gruesome bloodbath. Cortes refused to back down and was relentless in his quest to vanquish the Native Americans. His motive was to eradicate the natives and become a governor for this newly discovered land, gain in respect, shape and wealth, and use the local resources to establish a thriving Spanish colony in this new land. In other words, he was driven by greed, a hunger for power and self-motivation.Lets take another example, sensation from recent time. Hitler has ascended to power through democratic

CTA #4 Essay Example | Topics and Well Written Essays - 250 words

CTA 4 - Essay ExampleThis is because most of his behaviours were contrary to how a coach should be. The coach should be available for the function of reinforcement, provide feedback to the employees with respect to their performance and motivate them. Instead, the supervisor was rarely available to act as reinforcement and feedback was provided rarely.My goal in future is to tick that I function as a coach who understands the importance of coaching and the aspects involved that include feedback and motivating. This will ensure that I become a better leader in the organization. The time frame for submitting feedback to the employees would be the shortest viable because they like keeping track of their performance so that they can improve in the areas that are be wanting. Success would be measured through comparing present and previous employee performances. If anticipated outcomes are realized, so the practice is maintained. If otherwise, additional strategies are applied until t he expected results are

Parent education Research Paper Example | Topics and Well Written Essays - 500 words

Parent education - Research Paper ExampleThe misadventure of many adults to succeed is rooted in the poor parenting skills of those who raised them, therefore society should insist that parenting courses be a requirement of those who are pregnant, both the mother and father of the child, so that the needs of society sens best be served by the actions of the parents. A society has the right and the obligation to define how its members will interact within the ideological framework of its culture. One of the biggest problems in the United States is that most people do non have generations of ancestors who came before them on which to base their cultural belief systems. Therefore, the delegacy in which parents pass their hereditary pattern to their children is often convoluted and without social structure, the design of the community not based upon generations of cultural belief systems, merely a patchwork of concepts that do not inform those who are trying to find a way to raise their children on exactly what is best in regard to their future.

HR Management, Training and Development Essay Example | Topics and Well Written Essays - 750 words

HR Management, Training and Development - turn out ExampleWhere Mel tends to believe that the feedback generated daily, by Jennifer, should be enough to enhance the levels of productivity within the subordinate module members, Jennifer believes that a to a greater extent formal approach to identifying strengths and weaknesses would create a more positive outcome in terms of overall productivity.Using Abraham Maslows Hierarchy of Needs as an appropriate example to support Jennifers position, infra this theory employees cannot reach the apex of their abilities (this being self-actualization) without the receipt of self-esteem (Morris & Maisto, 2005). In the business world, self-esteem has been cognise as a positive outcome of continuous reinforcement, both positive and critical (Green, 2004). Though the incident study suggests that Jennifer is routinely aware of the activities of her subordinate employees and makes attempts to highlight their strengths and weaknesses, it is import ant to formalize these discussions so as to covenant an offer of various rewards for performance. For instance, if the goal of this particular organization is to increase sales, then Jennifer (and Mel) should adopt the formal idea process not only to secure a more motivated and productive staff, but to construe that the employees clearly understand their job-related expectations and receive thenecessary self-confidence (esteem) to genuinely enjoy coming to the workplace. This creates a light of fairness and balance in the management team where the employees can come to rely on simple reporting of their competency levels and build camaraderie between the management staff and themselves.With this in mind, avoiding the formal judgement process in exchange for other business-related issues that are considered priority, the organization is denying themselves the opportunity to create a more cohesive staff who works toward strategic objectives in exchange for a fair analysis of thei r bunk within the business. Though Mels arguments are somewhat