Setting Up Business in Kava Term Paper by Pico

Setting Up Business in Kava
A look at how a company will establish its presence on the island of Kava.
# 146874 | 1,234 words | 2 sources | APA | 2011 | BD
Published on Jan 22, 2011 in Business (Management) , Business (Human Resources)


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Description:

The paper first discusses the process of training and development for employees and its significance as a critical success factor. The paper then addresses the political issues that have to be taken into account as well as the role of employees in the organization. The paper explains how the management has to focus on building the best working conditions for the employees by empowering them and using performance management systems. Finally, the paper shows how technological sophistication is going to be a key issue in this expansion.

From the Paper:

"In establishing a greater presence on Kava, the management of the company will have to undertake training and development programs in order to remove the language barrier. This is a critical consideration when it comes to building an organizational culture based on ownership, responsibility and accountability. Employees of the company on Kava must be able to see how their work relates to the strategic focus of the organization. This is the only way to maintain the motivation of the employees. According to the report, the island country is frequently hit by natural disasters. This will have a negative effect on employee morale in terms of the employees' expectations on company profitability. Local employees are also in the best position to determine what the effective strategies are likely to be. Therefore, in terms of setting a new direction for the company, local employees will have to be involved in the decision making process. This level of high involvement cannot be facilitated unless the management has built an effective communications structure. This objective can only be met by training the local employees on how to communicate in English."

Sample of Sources Used:

  • Fred, David. (2006). Strategic Management: Concepts and Cases. Prentice Hall.
  • Hitt, Michael A., et al. (2007). Strategic Management Concepts. Wiley.

Cite this Term Paper:

APA Format

Setting Up Business in Kava (2011, January 22) Retrieved July 06, 2022, from https://www.academon.com/term-paper/setting-up-business-in-kava-146874/

MLA Format

"Setting Up Business in Kava" 22 January 2011. Web. 06 July. 2022. <https://www.academon.com/term-paper/setting-up-business-in-kava-146874/>

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