An analysis of the book, "Truth, Trust and the BottomLine", by Diane Tray and William J. Morin, which is about how trust plays a significant role in effective management and good leadership.
Abstract This paper on "Truth, Trust and the BottomLine" presents a critique on the book written by Diane Tray and William J. Morin. This paper basically outlines the seven steps and the message highlighted by the authors in their book. This paper also highlights various quotes to support its claim.
From the Paper "The authors of the book also go on to explain how trust can be built by following seven steps. The book is ideal for leaders, managers, CEOs and directors who want to learn and improve how to coach and attain feedback. The book primarily outlines a seven step process that explains to the readers, effective ways of deputizing themselves in order to capacitate and retain their employees while accentuating bottom line results while enjoying themselves in the process. The authors have written the book in a manner that captures the heart and mind of its readers, thus resulting in a positively fomenting and reviving undergoing."
Abstract The paper reports on the company and the product "Apple Bottoms Jeans", a line of women's jeans designed by a rapper named Nelly and sold through a distribution company. The paper examines how Nelly designs the clothing and his cousin operates the company. The paper further examines how the company does its own marketing, and the product is sold through an association with the music world, as well as other endorsements and methods of marketing.
From the Paper "Apple Bottom Jeans is a company that has had considerable success in a relatively short period of time. It is also a company with an unusual genesis, having been created by a hip-hop artist who designed a pair of jeans for women and has since marketed those jeans in a very effective manner."
Abstract This paper is a review of an article that appeared in the Fall 1999 issue of "Marketing Management." The article, called "Customer Delight and the BottomLine," details the different ways that a company can keep their customers satisfied with their product and service. The article also gives the reader some suggestions that can be adopted by individual businesses to help them keep a competitive edge and maintain their customer base. According to the authors of this article, CUPID (Customer Understanding Processes in Design), is the key to helping the customer stay involved in the development process.
From the Paper "Management experts have defined the concept of delighting the customers as an attempt to exceed the expectations of the customers and to bring a pleasant surprise to the customers by satisfying even those needs, which are not supposed to be served by that particular service or product. The article further discusses the various models used by the organizations to evaluate their products and services in terms of customer needs. Such models help the organizations in developing their products or services according to the expectations of the customer. In addition to this, the article also recommends several approaches to delight the customers."
This paper discusses the strategy of strategic alliances in the airline industry, the policy of partnering to share expenses and thus increase revenues for all the partner companies.
Abstract This paper discusses strategic alliances in the airline industry, which include partnering not only with other airlines, but also with other businesses related to the airline such as travel agents and food services. The paper relates that this strategy could mean higher ticket prices and more waiting time. The author feels that airlines who form strategic alliances will be more likely to improve their bottomline. This paper includes a SWOT Analysis.
From the Paper "The airline industry faces some tough issues and must work fast to come up with creative solutions to their problems. Currently, they are attempting short-term measures such as reducing the number and frequency of flights, laying off employees and other cost cutting measures in an attempt to ride out the storm. However, these measures are not sustainable and, if the situation does not turn around, some will simply cease to exist. One of the strategies the industry is using is strategic alliances. They are sharing resources; this new level of sharing may improve service for the customers of all of the airlines and may benefit everyone involved."
This paper compares the accounting and operation funding practices of three international companies in the fashion industry: GAP-U.S.A.; H&M, a Swedish company; and Benetton, an Italian company.
Abstract This paper explains that, examining the accounting measures and practices of each of these companies, both the American and European companies have a bottom-line concept of accounting that is represented by the basic accounting principle of 'assets=liabilities + equity'. The author points out that, in the United States, laws require a financial statement unless a company is traded on the stock exchange; in Europe, companies, which have only debt securities listed on the EU regulated markets, and which have securities listed on the non-EU markets, are required to prepare consolidated accounts according to internationally recognized standards. The paper demonstrates the difference in international reporting practices, which make comparison almost impossible; with globalization, these differing practices must be standardized.
From the Paper "Any company financial statement includes some basic information; a balance sheet, income statement, cash flow statement and financial statement notes, which explain any irregularities or noteworthy numbers. The United States has been lobbying to create a standardized representation of these numbers to create a level playing field when it comes to comparing financials. Although, Europe is slightly behind in this endeavor, they are also moving towards the concept of standardization."
Abstract This paper begins by explaining how activity-based management (ABM) works and the techniques used to implement this form of management. The paper also explains that the purpose of ABM is to improve business processes, provide strategic product cost data and promote continuous improvement efforts. The paper concludes that ABM is helpful in significantly improving the bottomline profits and returns of a company and that, while it may take some patience to put the ABM program into place, it is well worth the effort.
From the Paper "However, ABM is a management tool, not an accounting system. It is a tool for looking at how and why a company uses resources. ABM uses ABC, a method of calculating costs. The ABM view is that costs are incurred because of the company's activities, and these activities exist because they support either other activities or the company's products and services."
Abstract The paper explores privatizing jail operations. The paper explains that the bottomline is cost savings rather than a cost transfer since this is a growth industry.
From the Paper "According to an article in "Economist" the number of Americans in federal or state prisons increased to over two million. Curiously, the incarceration rate is higher in the South than in the West, the next highest region and higher than the rate of incarceration per citizens in the north-east. The article makes no specific mention of the reason or reason for this disparity."
Tags: Privatizing Jail Operations: The BottomLine. cost, benefit, services, staffing levels, medical, rehabilitation, training, building
Abstract This paper discusses sustainability and resource management in terms of the triple bottomline, an approach which accounts for economic prosperity, environmental quality, and social justice. It looks at how although these are not elements normally thought of as part of the business mandate, they must be if business is to achieve the sustainability required in a world that shows diminishing resources and the need to control for and eliminate environmental damage.
From the Paper "The triple bottom line approach to resource management emerges from the effort to maintain a sustainability agenda, which in turn involves the effort to harmonize "the traditional financial bottom line with emerging thinking about the environmental bottom line" (Elkington 2). The triple bottom line accounts for economic prosperity, environmental quality, and social justice. These are not elements normally thought of as part of the business mandate, but they must be if business is to achieve the sustainability required in a world that shows diminishing resources and the need to control for and eliminate environmental damage. The triple bottom line is described as a challenge and one that cannot be refused unless the global economy wants to be destroyed. In addition, meeting this challenge for the multinational or transitional company involves bringing pressure on vendors, suppliers, and partners to do the same thing. "
Abstract This paper covers the subject of bank mergers and acquisitions mainly focusing on European and American banks. The paper offers an in-depth look at both the financial and organizational sides of how a merger or acquisition effects the bottomline for both finances and employees. The paper covers a review of the literature in order to analyzes these topics.
Table of Contents:
Introduction
Mergers and Acquisition: A Review of the Literature 1980-2005
Background to the Study
Data Analysis
Conclusion
From the Paper "(3) Assessing employee opinion on the M&A and discussing issues of effective leadership and measuring of employee production and morale after the M&A are important to weighing the benefit of the M&A. For an organization facing an M&A, they can look at past M&As to assess strengths and weaknesses. This will allow that bank to adjust the strategy and aid in handling problems that will arise. This will be done through looking at surveys of employee and their reactions to M&As. Such statistics will include ratios looking at how their morale survived the M&A and also how many employees stayed or quit."
Abstract In this article, the writer notes that it has long been known that corporations with a positive learning orientation develop the knowledge contained within their organization better than others, and that their employees have generally more satisfaction in their jobs. The writer points out that many companies, such as HP and Dell, have leveraged organizational learning to create measurable profit. The writer maintains that what is not known, generally, is how well different learning orientations translate to the bottomline. The writer claims that it is important to discover this relationship, because organizations have choices to make concerning the learning orientation they will adopt, and should be given some guidance as to the estimated return on investment for each learning orientation. This research project is directed towards discovering this relationship between organizational learning orientation and corporate profit.
From the Paper "In order to investigate the correlation between learning orientation and the bottom line, we must first define learning and then identify and define the various learning orientations of corporate organizations. By amalgamating the various theories of learning with a functionalist approach, we can simplify it and define it as acquired knowledge, both domain and procedural, which is applicable to solving current problems and transferable to future problems of the same or different types. In other words, we learn when we acquire information in human usable form (knowledge) which can be used to solve a current problem, or be applied to future problems, or when we become able to initiate a particular set of actions to resolve a current problem or future problems."
Tags: problems, employees, investment, bottom, line
Abstract This paper discusses human resource management as it relates to strategy and encompasses several issues including the, nature of strategic human resources management, best fit vs. best practice and the overall purpose of strategic human resources management. The paper begins by defining human resource management.
Table of Contents:
Introduction
Human Resource Management
Changes to Human Resources in recent years
Human Resource Management Paradigms
Human Resources Management and Strategy
Types of Strategic HRM
Advantages and Disadvantages of the Best Fit and Best Practices Models
Primary Purpose of Strategic HRM (BottomLine)
Conclusion
From the Paper "Overall, it has been asserted that universalism is not as successful a strategy as an approach that is associated with critical contingencies or best fit in nature. This assertion appears to be made in the climate of an ever changing business environment. This environment has become more global and as such more diverse. With these things being understood a best practice model may not be best for such a diverse work force because the paradigm set forth by this approach may not translate well from organization to organization."
Abstract The paper examines "The Blackboard and the BottomLine: Why Schools Can't Be Businesses" where author Larry Cuban stresses the need for a return to an ethical, rather than an economic, paradigm when examining the needs of school systems. The paper explains Cuban's negative views on standardized testing like 'No Child Left Behind' and on the use of 'voucher' systems and merit pay. The paper further explains Cubans' assertion that businesses are based upon standardization, and adhering to regimented procedures, but in schools we must address the unique needs of students. The paper emphasizes Cuban's plea to enact sweeping concrete and conceptual changes in how we view schooling.
From the Paper "American democracy is founded upon the principle that an educated citizen is required to make the institutions of government truly functional. It is also assumed that commerce functions better with an educated workforce. To guarantee that all individuals, regardless of their background, have access to schooling, America has long had a strong commitment to making equal and fair access to public education possible for all its citizens. However, as with so many aspects of American public life, perhaps because educating the workforce to make America 'competitive' is used as a justification for expenditures on education, business has had a disproportionate influence upon school policy, ever since the 19th century."
Tags: education, standardized, testing, individuality, classroom, teachers, students
Abstract The paper relates that the cruise line industry has been experiencing a period of massive expansion over the last decade, thus heightening the competitive profile for the industry in terms of market share and competitive rivalry. The paper evaluates the industry competitors: Carnival Cruise Lines, Royal Caribbean and Norwegian Cruise Line. The paper provides a competitor profile matrix that shows Carnival Cruise Lines' market dominance.
Outline:
Industry Overview
Industry Competitors
Competitor Profile Matrix
Product Differentiation
From the Paper "The cruise line industry has been experiencing a period of massive expansion over the last decade. By some estimates, the cruise industry in the United States (US) alone has generated more than $32b during 2005. Such revenue ensures that the cruise industry remains one of the most competitive across all markets. Even smaller markets have been experiencing an increase in cruise industry operations. The Canadian market has seen some ports exceed more than 90 cruise ship callings on an annual basis and this is a considerable amount of traffic for a traditionally smaller market. Thus, the competitive profile for the industry has heightened in terms of market share and competitive rivalry."
Abstract This project analyzes and makes recommendations on the viability of on-line grocers. Analysis of this industry consists of an assessment of the internal and external environment, the strengths and weaknesses, the opportunities and the strategies of companies operating in the on-line grocery industry. This report discusses the strategic implications of the industry structure for companies currently operating in and those considering entering the industry. Finally this report suggests ways of increasing the overall effectiveness of the online grocery business model, ultimately making conclusions of the overall attractiveness of the industry as well as making recommendations for improving the online business model.
1.0 INTRODUCTION
1.1 Purpose and Objectives
1.2 Industry Definition/Timeline
1.3 Scope and Limitations
1.4 Methodology/Data Extraction
2.0 INDUSTRY DOMINANT ECONOMIC FEATURES
2.1 Industry Major Players
2.2 Industry Profitability and Lifecycle Stage
2.3 Market Size and Growth Rate
2.4 Capital Requirements
2.5 Industry Driving Forces
3.0 INDUSTRY CRITICAL SUCCESS FACTORS
3.1 Profitability and Capital
3.2 Technical Capability
3.3 Brand Image
3.4 Customer Service
4.0 INDUSTRY COMPETITION ANALYSIS
4.1 Major Competitors
4.2 Rivalry
4.3 Competitive Position and Strategy
4.4 New Entrants and Barriers to Entry and Exit
4.5 Perceived Product Substitutes
5.0 KEY STRATEGIES OVERVIEW
5.1 Key Industry Strategy
5.2 Key Industry Players Strategic Approaches
6.0 INDUSTRY BUYERS
6.1 Buyer Characteristics
6.2 Brand Preferences and Customer Loyalty
6.3 Customer Power
7.0 INDUSTRY SUPPLIERS
7.1 Supplier Characteristics
7.2 Supplier Bargaining Power
8.0 INDUSTRY PROSPECTS AND ATTRACTIVENESS
8.1 Industry Attractiveness
8.2 Industry Issues
8.3 Industry Profit Outlook
9.0 ALTERNATIVES
9.1 Abandon the Online Grocery Industry
9.2 Merge or Partner with Brick-and-Mortar
9.3 Maintain existing business model
10.0 RECOMMENDATIONS
REFERENCES
From the Paper "The online grocery industry is a niche market within the greater food and beverage industry. It is a business-to-consumer e-commerce industry possessing the characteristics of both a retail grocer and a courier. Companies operating in this industry allow customers to purchase grocery items, prepared meals, meats, produce, packaged goods, flowers, and just about everything else offered by the major grocery chains. Products are offered via the company website and are delivered to the customer within a specified time frame. These companies often rely upon high average orders to make their margins (a typical Webvan.com order was quoted to be $80) (Weston, 2000)."
