A crisis is the truth of today’s fast-paced business world. Rapid organizational change, changing economic conditions, problems with personnel, unexpected technological changes, and political effects cause instability in today’s business world. This instability appears out of state control as economic disruptions that result in crisis. The process approach to crisis management builds on the concept of crisis incubation, that “crises evolve within organizations, they do not simply appear, and they are not divorced from the actions of those managers who...
2 Pages
1085 Words
Introduction Whole School Improvement initiatives have been used as a vehicle for improving primary education quality (World Bank, 2004). Treating schools as the unit of change, school improvement initiatives gave rise to the idea of change as a reform of education to orchestrate a complete change in school culture and organization to improve performance. In the whole-school reform or improvement process, it's very important to identify the needs of the school in which sector change is necessary and which remarks...
3 Pages
1174 Words
The purpose of this memorandum is to elaborate on the topic of “Integrity in management and students.” Integrity is a very powerful attribute that one gains not just from experience but mainly from one’s core values and beliefs. People with integrity are the ones who can be trusted with anything and who will ensure every task is carried out with honesty. Despite adversity, integrity remains true to our own beliefs and moral standards of behavior. Individuals with integrity exercise allegiance...
1 Page
700 Words
Abstract This paper discusses topics in managerial decision-making. Some of the topics that are discussed in the paper are bounded awareness and rationality, overconfidence in business, effects of emotion in decision-making, handling emotional team members, escalation of commitment, and revamping the failed process and tools for value creation. The paper provides real-life examples for the different topics. Topics of Managerial Decision-making Decision-making is a process by which everyone considers the various opportunities and risks by evaluating alternatives and pursuing the...
5 Pages
2345 Words
Introduction In the realm of retail, technological advancements have become paramount in driving efficiency, enhancing customer experiences, and optimizing operations. Among the pioneers in embracing innovative solutions is Walmart, a retail giant renowned for its commitment to leveraging cutting-edge technology. At the forefront of this endeavor is the Walmart Smart System, a comprehensive network of interconnected technologies aimed at revolutionizing the retail landscape. This profile essay delves into the Walmart Smart System, exploring its components, functionalities, and impact on the...
1 Page
590 Words
Managing and leading people has been a topic of great interest for many years with scholars. It is often debated how the style of leadership or management can impact the working environment, relationship, and productivity. Management and leadership theories have evolved over the years. Often the notion of leadership and management are discussed as two separate processes. Moreover, various models of leadership and management can contribute to an individual’s leadership style. This assignment will aim to examine the author’s approach...
5 Pages
2335 Words