Risk management for Supplier Global Expansion Plan

RISK MANAGEMENT ï ¿ ½ PAGE * MERGEFORMAT ï ¿ ½4ï ¿ ½ Running Head: RISK MANAGEMENT Risk Management for Supplier Global Expansion Project [STUDENT NAME] [INSTITUTION] [COURSE NAME] [DATE] ï ¿ ½ Risk Management for Supplier Global Expansion Project Risk or threat is common and found in various fields of daily life and business. This concept of risk is found in various stages of development and execution of a project. Risks in a project can mean there is a chance that the project will result in total failure, increase of project costs, and an extension in project duration which means a great deal of setbacks for the company. The process of risk management is composed of identifying, assessing, mitigating, and managing the risks of the project. It†¦show more content†¦It is used as a means of input to the risk management plan processes (Heldman, 2005). It usually helps the project managers and the project team to recognize the components of a project that are at risk or certain risks that are unique to a specific area of the project than compared to a risk that is commonly found throughout the project. There also various qualitative analysis that can be used to in identifying and analyzing risk in a project. The method o f qualitative risk analysis involves the assignment of a numeric value to the scales. This risk analysis is normally used for projects that are larger and that risks have a greater and more significant impact (Heldman, 2005). There are various software tools and methods that can be used, an example would be the use of Monte Carlo analysis for calculating values for projects that are large and difficult. There are various values that are assigned to the magnitude or intensity of the risk, for example, High-.80, Medimum-.50, Low-.10; these are used to rate and prioritize the risks (Heldman, 2005). A risk registry is also an essential documentation that can be used analyze the quantitative aspect related to risk and threats that are found throughout the project. The Risk Breakdown Structure is created to identify the various risks categories in the project so that they can be in the prioritized response plan (Heldman,Show MoreRelatedWal-Mart Case Study1097 Words   |  5 Pagesand exp ose weaknesses. Some examples of environmental forces, which may present threats to Wal-Mart, are economic, political and legal forces. Being the world’s largest retailer means you’re the target of competition, locally and globally. As a global retailer, Wal-Mart is exposed to political problems in the different countries it operates in, and also faces strict labor and employment laws. Intense price competition is also a threat. Due to outsourcing to low-cost countries, manufacturing costsRead MoreCase Study on Barclays Bank1511 Words   |  7 Pagesbanking, investment banking, wealth management and asset management. Its commercial banking arm offers services to British and international customers, including current accounts, savings accounts, mortgages, insurance, credit cards and consumer loans. It has a majority stake in Absa, a major South African bank. It has recently acquired Russia’s Expobank and announced its intention to buy Indonesia’s Akita. Barclays’ investment banking and investment management business cluster consists of BarclaysRead MoreGlobal Supply Chain Network Challenges1259 Words   |  6 PagesSupply chains, which once worked just about on autopilot, face numerous perils today in both the worldwide and the domestic market. This paper covers the most common hazards in the worldwide supply chain network and strategies for hazard mitigation. Global supply chain The appearance of innovative advances has made the world where there are genuinely no limits with regards to universal exchanging. With the end goal organizations should keep up or expand their upper hand, there must be a persistent pushRead MoreBarclays1580 Words   |  7 Pagesbanking, investment banking, wealth management and asset management. Its commercial banking arm offers services to British and international customers, including current accounts, savings accounts, mortgages, insurance, credit cards and consumer loans. It has a majority stake in Absa, a major South African bank. It has recently acquired Russia’s Expobank and announced its intention to buy Indonesia’s Akita. Barclays’ investment banking and investment management business cluster consists of BarclaysRead MoreChange Management1210 Words   |  5 PagesIntroduction XYZ, Inc. is a high-end retail chain that sells luxury watches, jewelry, and hand bags. The company plans to open its first international store in Shanghai, China, which will act as a stepping stone for its further planned expansion in Brazil, Russia, India China (BRIC Countries). This project would lead to a short-term change in the organization. XYZ, Inc.’s plan to expand its business in other BRIC Countries depends on the success of its first international store in ShanghaiRead MoreEssay on Wal Mart Case Study Analysis887 Words   |  4 PagesCentral Issue The main issue facing the management of Wal Ââ€"Mart was how to sustain their extraordinary growth. As the domestic market reaches saturation, a strategy for at home and for global expansion will be necessary. Recommendation Wal-Mart needs to identify and nurture the primary core competency that fueled their growth: fulfilling customer needs with a wide spectrum of products at everyday low prices. This competency is the product of the aggregate of competencies across individualRead MoreRelationship Between Interpersonal Responsibility And The Company s Image Essay1581 Words   |  7 PagesRelationship between interpersonal responsibility and the company’s image 1. Human Resource Management. Bangchak considers employees as stakeholders critical to the business and to create value and drive value for an organization to be sustainable, the company focuses on the employee planning and de-velopment to support the expansion of the business based on the model promotes employee en-gagement overall through measurements by a participating Best Employer in 2014 to become the Best Employer inRead MoreSwot Analysis : Abc Company1760 Words   |  8 Pagesto increased competition and customer demand management has decided to implement some changes. The primary change to ABC Company that has been outlined by management is a supplier global expansion project. Management has its eyes set on China as a new supply base. As with any project, the benefits may be obvious but undertaking the project also comes with its fair share of risks. Objectives and Resources In an effort to remain a leader in the global market, ABC Company has made the decision toRead MoreWalmart Inc Case Study1096 Words   |  5 Pagestechnology system as implemented EDI, Information system, UPC at POS, Satellite system, Pick to light system, Vendor management inventory system which was not implemented by any other competitor. ââ€" ª Supply Chain (Strong). They had a long term relationship with the supplier as there was no non sense negotiator as they eliminated the manufacture representative from negotiation with the suppliers. ââ€" ª They were focused on Human resource and development as associates were considered a key to success for Wal-MartRead MoreJaguar Land Rover Expansion Analysis1231 Words   |  5 Pages The automobile manufactures belief that expansion of a company in increase in the global competitive market explains that the firm is likely to face competitive environment. Many companies are forced to develop their supply chain according to the decision by reducing their manufacturing expenditure and improvement of the products. JLRs decision to build a new plant in the North America to serve the customers is taken for customer satisfaction and values and to avoid all the barriers between the

Helping Caregivers Overcome The Mental And Physical Stress...

Helping caregivers overcome the mental physical stress of caring for hospice patients Roberto Acosta New Mexico State University October 28, 2016 Helping caregivers overcome the mental physical stress of caring for hospice patients Caregivers play an integral role in improving the quality of life for hospice patients. Most of the individuals involved in caring for the terminally ill are family members. However, caring for terminally ill patients can adversely affect the caregiver’s overall health. Gallese, Keysers and Rozzolatti (2004) emphasize that caregivers suffer from worse physical and mental health compared to their non-caregiving counterparts. One of the major causes of poor physical and mental health amongst caregivers entails the high level of stress associated with the care giving role. The caregivers’ stress is caused by a multitude of stressors such as role adjustment, end-of-life decision making and financial strain. Alternatively, stress also arises from the patient’s suffering (Hebert, Arnold Schultz, 2007). Problem statement To enhance their effectiveness and efficiency in caring for hospice, it is imperative for clinicians and medical practitioners to develop an effective approach that will help caregivers overcome the mental and physical stress of caring for hospice patients. Most of the interventions developed are aimed at improving the caregivers’ knowledge and skills on how to care for their terminally ill patients such asShow MoreRelatedCompassion Fatigue9142 Words   |  37 Pagesand safety of patient care. Today the proportion of acute patients entering the health care system through emergency departments continues to grow and the number of patients in the Intensive care unit also increasing. In emergency room department, the Emergency medical services (EMS) workers are primary providers of pre-hospital emergency medical care and integral components of disaster response. The potentially hazardous job duties of EMS workers include lifting patients and equipmentRead MoreCommunity Health Nursing Final Exam Study Guide Essay15874 Words   |  64 Pagesbecause they have a lot more co-morbidities that need to be treated. Being brought to the ED is extremely expensive. Critical interventions are very costly, and so are all the diagnostic tests that must be done. They usually don’t have insurance. High mental heath issues in the homeless population. High risk for infections, trauma, violence. Don’t age very well. Where do they seek health care services? (pg. 425, Effects of Homeless on Health) Health care is usually crisis oriented and sought in emergencyRead MoreNursing Essay41677 Words   |  167 Pagesnurses to make the changes needed for a more accessible, cost-effective, and highquality health care system. Since its foundation 40 years ago, the IOM has produced many reports echoing the theme of high-quality, safe, effective, evidence-based, and patient-centered care. The present report expands on this theme by addressing the critical role of nursing. It demonstrates that achieving a successful health care system in the future rests on the future of nursing. Harvey V. Fineberg, M.D., Ph.D. PresidentRead MoreAdvancing Effective Communicationcommunication, Cultural Competence, and Patient- and Family-Centered Care Quality Safety Equity53293 Words   |  214 PagesAdvancing Effective Communication, Cultural Competence, and Patient- and Family-Centered Care A Roadmap for Hospitals Quality Safety Equity A Roadmap for Hospitals Project Staff Amy Wilson-Stronks, M.P.P., Project Director, Health Disparities, Division of Quality Measurement and Research, The Joint Commission. Paul Schyve, M.D., Senior Vice President, The Joint Commission Christina L. Cordero, Ph.D., M.P.H., Associate Project Director, Division of Standards and Survey Methods, The Joint

IT Strategy and Management

Question: Discuss about theIT Strategy and Management. Answer: Introduction Telstra is Australias largest telecommunication provider which deals in voice based, internet, and other entertainment services. Escalating environment threat: There are perpetual chances of risk due to environment dysfunction. The company output depends on various other allied systems which results in breakdown of organization. Security threat: the major threat to the company is in their security systems which can be caused due to advancement in technology. There is a need to build an advanced comprehensive security system to mitigate security related issues. People challenge: the employees of an organization can cause damage to the reputation of the company. A weak password creates a significant loss in information. Human errors are causing a significant amount of violation in the process Process challenge: the information system is subject to fluctuation which can cause a threat to the company. A successful security system depends on the framework of the structural procedures which helps in assisting the overall outcome. Technology challenge: technology advancement has led to significant amount of loss of secret information. There are maximum number of possibilities of threats due to hackers attack, hardware malware and the cyber-attacks in the system (Creating a brilliant Digital Future, 2016) The top five business priorities of Telstra are as follows: Telstra is focusing on customers promotion by listening to the customers queries. There priority is to provide customers with a world-class experience for which they are following Net process system. They focus on their core competency i.e. network superiority by giving their customers a perfect connectivity. Their prime goal is to create leadership in the telecommunication market. Their strategy is to enhance the overall business by creating opportunities where they can assure maximum growth by focusing on the core competencies. Telstra understand the need of its customers in the changing environment. It is rapidly changing according to its customer needs to provide the best experience in the competitive atmosphere. Sustainability is the aim of Telstra by focusing on the interest of its stakeholders and valuable customers. Their goal is to promote the social and environment sustainability. Telstra understands the importance of environment in sustainability. They are regularly trying to minimize the environmental impacts caused due to carbon emission (The way we work Telstra Business Principles, 2016). The porter five forces model help in assessing the threats which may be caused from the competitor. Telstra is focused on increasing overall customer experience in the field of technology by understanding the threats which can be caused by the new entrant. They are the best telecommunication company with minimum number of threats. The company is providing services to more than half of Australia which minimizes the threat of new entrant. They have a strong integrated communication system which has facilitated the company to combat with the other competitors. It has reduced the possibility of threats from the outsiders. Information technology is an important feature to improve the facilities to support the telecommunication system. Telstra has been focusing on improving its productivity by improving the technology experiences. Their strategy is to focus on providing the best experience to its customers by enhancing their network connectivity. Technology is changing with the global environment. Their vision is to commit their resources in utilizing the overall experience of the customers through technology advancement. Telstra has built a strong customers baseline by focusing on the strong network communication. They are focused on providing an outstanding experience for which they have installed around 4000 Wi-Fi hot spots. There 4GX is providing a strong connectivity in the sub urban areas to improve the connectivity. Thirdly they have launched a digital program through the social networking sites. Recently they have launched. The main focus is to improve the customer service experience by digitally connecting the customers. Telstra is providing a business plan Telstra thanks which provides to its customers the free offers to sustain in the competitive world It is providing its customers an online free service 24/7 which saves the overall time of the customers (The New Business Challenge, 2016) With the advancement in technology there is a threat to the internal security system. The company has focused on improving its internal comprehensive system by enabling various anti- hacking softwares. Recently a minor software change has caused a threat to the overall network in the country. The company needs to collaborate in a significant manner to provide its customers with the better experience. Although the company is providing its 4G network to half of the Australia but it needs to focus on its core competency to achieve the competitive advantage over other networks. In the competitive world its very difficult to sustain without good strategies. In the presence of the various telecom companies which are consistently improving their quality of work by focusing on the business strategies. Telstra is continuously facing the serious threat to its security environment. They are facing major challenges which are caused due to advancement in technology. They are preparing a strong user interface to protect its customers from the network challenges. Recently the telecom company has faced an outage due to shut down of the internet system. It affected around 375,000 phones and internet users across Australia (Telstra NBN and ADSL customers hit by new network outage, 2016) Telstra is one of the largest telecom companies which is aiming on improving the experience of its customers by constantly improving the network system. They are focusing on high dynamics by continuously concentrating on the ongoing business strategies. The communication sector is crowded with various networks; every customer is trying to improve the overall experience by providing their customers with best facility. Blue ocean strategy is focused on providing their customers a facility which provides them with a cutting edge. Telstra is claiming to be the best telecommunication company by improving its services through introducing customer experience as per their experiences. Their loyalty program makes them one of the distinguished names in the field of networking. It has acquired a name due to consistent improvement in the services. They have their presence in almost all sectors which includes retail internet, subscription of television channels, advertising and providing entertainment content. Recently they have diversified their investments into other sectors to maximize their return. References Creating a brilliant Digital Future, (2016) Online. Available from: https://www.telstra.com.au/business-enterprise/download/document/digital_first_discussion_paper.pdf (Accessed on: 21/09/16) Telstra NBN and ADSL customers hit by new network outage. (2016) Online. Available from: https://www.news.com.au/technology/telstra-nbn-and-adsl-customers-hit-by-new-network-outage/news-story/4e221a5b1e9ae3193e4a7422d026cae2 (Accessed on: 21/09/16) The New Business Challenge.(2016) Online. Available from: https://www.telstra.com.au/content/dam/tcom/business-enterprise/security-services/pdf/business-the-new-business-challenge-ngs-sep-2012.pdf (Accessed on: 21/09/16) The way we work Telstra Business Principles (2016) Online. Available from: https://www.telstra.com.au/abouttelstra/download/document/Telstra-Business-Principles.pdf (Accessed on: 21/09/16)

Their Eyes Were Watching God - Finding The Woman In Janie Essays

Their Eyes Were Watching God - Finding the Woman in Janie People grow and develop at different rates. The factors that heavily influence a person's development seem like heredity and environment. Genetics can play a key role in what kind of person one becomes. Environment seems like the factor that most often and influentially affects a person's development. The people one meets and the experiences one has seem very important in what makes a person who he or she is. Janie develops as a woman with the three marriages she has. In each marriage she learns valuable lessons, has progressively better relationships, and realizes how a person is to live his or her life. In Their Eyes Were Watching God, by Zora Neale Hurston, Janie's marriages to Logan Killicks, Jody Starks, and Tea Cake seem like the most crucial elements in her development as a woman. Throughout the story Hurston uses different men to portray the continuum that men fall into in their society. Janie's marriage to Logan Killicks seems like the first stage in her development as a woman. She hopes that her forced marriage with Logan would end her loneliness and desire for love. Right from the beginning, the loneliness in the marriage shows up when Janie sees that his house feels like a "lonesome place like a stump in the middle of the woods where nobody had ever been" (Hurston 20). This description of Logan's house seems symbolic of the relationship they have. Janie eventually admits to Nanny that she still does not love Logan and cannot find anything to love about him. "She knew now that marriage did not make love. Janie's first dream was dead, so she became a woman" (Hurston 24). Janie's prayer seems like her final plea for a change in her life. She says, "Lawd, you know mah heart. Ah done de best Ah could do. De rest is left to you" (Hurston 23). Janie's prayer gets answered with her next husband, Jody Starks. He seems like the man who fills the voids of loneliness and love, and continues her development as a woman. When they first meet, Jody bestows compliments on Janie, convincing her of her special qualities. For two weeks, before they married, they talked and Janie believed that Jody "spoke for change and chance" (Hurston 28). The problem Janie found with Jody dealt with him not treating her as an equal. He would not let her speak in front of people, teach her to play checkers, or participate in other events. Like Janie, Hurston's voice seems dismissed- as not bitter enough, not depicting the harsher side of black southern life. Janie notices the problem early in the relationship and confronts Jody about it when she says "it jus' looks lak it keeps us in some way we ain't natural wid one 'nother. You'se always off talkin' and fixin' things, and Ah feels lak Ah'm jus' markin time. Hope it soon gits over" (Hurston 43). J anie realizes that she cannot be open with Jody and that he does not seem like the same man she ran off with to marry. Jody has many of his own interests, and none of them are concerned with Janie. "She found out that she had a host of thoughts she had never expressed to him ... She was saving up feelings for some man that she had never seen" (Hurston 68). Jody only gave material goods to Janie. His lack of love and his faults make her realize the next man she meets seems perfect for her. Her development as a woman feels complete after living and learning with Vergible "Tea Cake" Woods. Tea Cake seems like the catalyst for the final stage of development of Janie as a woman. From Tea Cake, Janie learns to love and what it feels like to be loved. Through Janie, Hurston gives an example of a women in society who follows her dreams and takes control of her soul. Tea Cake not only makes Janie feel special with his words, but proves it as well by taking her fishing, hunting, to the movies, dancing, gardening with her, and other "signs of possession" (Hurston 105). For a while, Janie and

Harrison Bergeron Kurt Vonnegut Jr. Essay Example

Harrison Bergeron Kurt Vonnegut Jr. Essay Example Harrison Bergeron Kurt Vonnegut Jr. Essay Harrison Bergeron Kurt Vonnegut Jr. Essay The year is 2081, and people’s individualities are being taken away for the sake of being equal. Is this really equality? In this uniform culture they cannot allow competition to occur, so they eliminate any chance of this destructive force from happening through the use of handicaps that take away factors such as advanced intelligence and beauty. Is doing this truly beneficial for society? In â€Å"Harrison Bergeron† by Kurt Vonnegut Jr., the reader needs to recognize that achieving equality through dehumanization is not true equality and thatcompromising one’s abilities by placing limitations on them results in the elimination of one’s identity and potential. Most aspects of life has an element of competition, and these competitions can be seen in everyday life. The world is an increasingly unequal and unfair place. Every year, it becomes a little harder to picture what equal opportunity and egalitarianism even look like. As the rich attract capital like Jupiter attracts space debris and the poor fail to make any substantial gains, the gap between them comes to seem to us less surmountable, more of a force of nature than something for which we can even imagine a reasonable counterfactual. In Harrison Bergeron, society has â€Å"solved† inequality by eradicating competition and coercing them to wear handicaps. However, competition encourages society to become stronger and develop further. There is a real danger that inequality is not just related to competition, but to equality of opportunity. This might include things like what kind of education your family can afford to give you, but also could be as simple as what you see in fro nt of you everyday and the way that it either expands or limits your opportunities, and the very knowledge of what you can reasonably aspire. Although the idea of everyone being equal seems perfect and is an idea we as a world strive for, a world with perfect equality does not drive people to try and a :

Analysis of Anaesthetic Nursing Research Paper Example | Topics and Well Written Essays - 3250 words

Analysis of Anaesthetic Nursing - Research Paper Example Since nurses have to play a significant role in the patients’ care, tactfulness, knowledge, experience in handling an emergency situation, discretion, judgment, alertness, and empathy on their part are very important for overall efficiency in treatment to the patients. Evidence-based anesthesia nursing practice calls for placing more emphasis on literature evidence than scientific studies for enhancing the expertise in the field of anesthesia. For use of current evidence in providing care to the patients, it is essential to analyze the existing evidence in terms of definition of the problem, applications used to overcome the problems, methods adopted, reliability of the evidences used for the study, clinical trials, surveys, expert opinions or case reports and applicability of the evidences to the present case for formulating strategies and implementation by establishing standards. Evolution of Anaesthetic nursing Though Nightingale’s ideology is considered as the start ing point for modern nursing, the theoretical basis for nursing has evolved later in history. Frederic Hewitt’s textbook on Anaesthetics and their Administration in 1893 was an important milestone in training in the field of anesthesia (Scurr, 1971, p. 275). Ether and chloroform had been used as anesthetic agents for a long time as they were effective and fast. A patient â€Å"under ether, sinks into a calm and dreamless sleep† and surgery is performed successfully without suffering pain, but â€Å"the danger in breathing ether is chiefly from impeded or failing respiration† (Cheever, 1884, p. 509). However, after the advent of advanced and safer inhalation anesthetic agents, the use of ether and chloroform has been gradually stopped. Chloroform was widely used as an anesthetic agent. However, it was later found that it caused cardiac problems to the patients and abandoned also due to its toxic properties. Brandy, opium, and cocaine were used as anesthetics thro ughout the world in various countries. There is a number of derivatives such as amylocaine and procaine that are cocaine based. Regulations and standardization in different countries brought control over their manufacturing and use. Opioid compounds have been used in the treatment of pain for a long time in medical history due to its analgesic effects. Opiate-based drugs like Codeine and Hydrocodone have been used as pain killers. These drugs have addictive properties which lead to dependence on these drugs. Morphine is a widely used opiate analgesic drug and regarded as a standard analgesic. The advent of morphine which could be injected hypodermically changed the course of anaesthesiology completely. Diamorphine called a heroine used to treat severe pain can also be administered intravenously. Nitrous oxide is commonly used in dentistry as inhalation analgesia. It is considered effective and safe to provide moderate sedation. It is effective as a general anesthesia for suppressing all sensations. It should be cautiously used in some cases like schizophrenia or pregnancy. â€Å"Nitrous oxide (N2O) has been used for about 150 years in clinical anesthesia.  Ã‚  

Market Orientation Essay Example | Topics and Well Written Essays - 2500 words

Market Orientation - Essay Example Several fundamentals of modern business and marketing practices date back to the ancient Greeks, the Phoenicians, and the Venetian traders. The term "marketing concept" was presented first in the1700s by Adam Smith, the Father of Modern Economics. He said that the customer should be made the focus of a business. According to Kohli and Jaworski (1990), the marketing concept is a business philosophy, whereas the term market orientation refers to the actual implementation of the marketing concept. Market orientation involves the production of goods vigilantly researched and designed to appeal to customers. Product orientation, on the other hand refers to the culture where the product is designed and produced without any market research and thus it is unclear whether the product would appeal and satisfy the customer or not. Proponents of Market orientation believe that the customer is the king and so it is important to continually assess and satisfy the changing needs and wants of the customer (Slater and Narver 1994). What does he prefer What product size is most beneficial to him From where does he make his purchases Does he buy in bulk To answer these questions organizations need timely marketing information systems, market research, decision support systems and diffusion of such market intelligence at all levels in the organization (Kohli and Jaworski 1990) Based on extensive interviews with managers and execut... Market Orientation Matrix2 Market orientation is a concept with two major components: (1) customer-focus and (2) competitor-focus. This conceptualization leads to four distinct strategic types. In an ideal world, firms should seek to understand both customers and competitors but resource constraints may lead to trade offs. However, much before a business starts to gather competitive intelligence it must conduct a SWOT analysis for itself. It must know where exactly does it stand in the market. Customer Preoccupied: are firms that stress on gathering customer focused intelligence at the expense of competitor information. According to Von Hippel (1986) a customer oriented approach is important, but focusing on competitors is more important when markets are growing as they serve as 'reference points for later adopters'. Marketing Warriors are firms that focus their attention to who their competitors are, what they are doing, and what do they plan to do. Such firms try to identify their own strengths and weaknesses in order to stay ahead of competition. This may be suitable when demand is predictable and there are few powerful customers. Strategically Integrated: are those firms that assign equal importance to customer and competitor intelligence. According to Day & Wensley a focus largely on either customer or competitors can lead to 'a partial and biased picture of reality.' Therefore a balance between these two is the most appropriate option. Strategically inept: are firms that fail to adapt to the changing market environment and focus only on internal operations, technological advances etc. Since external analysis is an imperative part of strategic planning, failure to do so can be