Friday, February 14, 2020

Systems and Operations Management Recommendations Essay

Systems and Operations Management Recommendations - Essay Example 4-7). Operations management involves various manufacturing processes such as supervising, designing, and managing so that the business functions can come under redesign for the production of goods and services. Operations management also makes sure that minimum resources come under utilization in the process of production so that it can become efficient and the business strategies come under effective implementation. Besides, the operations management administers the inputs (particularly in the form of materials, labor, and energy) that come under conversion to output (in the shape of outcome that is goods and services) in an effective and efficient manner (Kumar and Suresh, 2009, pp. 9-11). On the other hand, Systems management is the overall administration and management of the organizations information technology distributed systems. ... This company established its business operations in the early decade of 1960 in Sydney, Australia with the core service provider of photocopying. With the success in the photocopying business, Lachlan (the founder) expanded its business operations and started out as Atokowaâ„ ¢ printing and they reproduced copies for different organizations (Lord Ashcroft International Business School, 2012). Today, Atokowaâ„ ¢ Advantage deals and trade a wide range of stationery and office supplies to individuals and businesses (which are the two distinct types of customers they cater). From their widespread businesses, they now own several retail outlets from where they deliver stationery and office supplies directly to organizations. Additionally they also carry out customized printing upon request for different enterprises. Atokowa also prints brochures, flyers, letterheads, business cards, memo slips, and various other products (Lord Ashcroft International Business School, 2012). With the success and growth of the business, the vision came to cognizance to become the one-stop shop for stationery and office supplies. However, with the passage of time, the vision broadened and the focus towards technology was driven. Atokowa widened their focus and initiated the trading of Commodore 64 and the IBM PC 5100 (one of the technological advancements at that time). Moreover, the company continued their interest in technology and provided a range of information technology products in their retail outlets for their customers (Lord Ashcroft International Business School, 2012). Systems and Operations Management Analysis and Evaluation The systems and operations management analysis and evaluation comes under practice that

Saturday, February 1, 2020

Human Behaviors in Budgeting Essay Example | Topics and Well Written Essays - 2000 words

Human Behaviors in Budgeting - Essay Example A budget can deliver a criterion where employees are encouraged to achieve their targets under certain conditions. Conversely, budget can also inspire disorganization and conflict between employees or managers. If people are dynamically involved in developing budget, then it can be used as a device to support managers in handling their branches effectively. Budget can be a useful device for motivating people but if budget is developed from top level and enforces a threat for employees it can be resisted and will cause harm to the organization (Drury, 2007). Objectives of Budgeting Through budget, organizations can regulate the actions of different divisions. An effective budgetary system can act as a comprehensive control system for organization if there are certain implied or apparent links between budgetary processes and organizational rewards (Flamholtz, 1983). Budgeting comprises of creating specific targets, implementing strategies to accomplish the targets, and occasionally mat ch actual status with the targets. The targets can be general business objectives and particular goals for the individual divisions within organization. Budget provides a way for business by drawing the strategies of the operations in financial expressions. Budget helps organizations to direct activities and decreases the negative results (Warren & Et. Al., 2011). Though budgets are usually related with profit, they also play significant parts in operating several divisions of government. For instance, budgets are useful tools for managing finance for education and ration in rural areas. Budgets are also used in non-profit organizations such as public hospitals and cathedrals among others. Budget comprises of three activities which are planning, directing and controlling. Before planning the budget, it is important for organizations to forecast the amount of budget. The forecasting is often developed by considering the conclusions of past outcomes. Several statistical approaches are used for forecasting budget. The planning phase is comprised of forming specific objectives for future actions. It is a part of management process. Directing is the activity for satisfying the planned actions and controlling is periodically judging the progress of activities with the planned actions (Warren, 2008). Human Behavior in Budgeting Budget can have substantial effect on human behaviour. Budget can stimulate managers for developing their performance; adversely it can also de-motivate from putting extra effort and flatten the self-esteem of managers (Kimmel & Et. Al., 2010). The behavioural problems or dysfunctional consequences can arise from budgeting in three conditions which are: 1. The goal of budget is unattainable 2. The goal of budget is too simple to accomplish 3. The goal of budget disagrees with the goals of employees Unattainable goals: Employees will be de-motivated if performance expectations set by the managers are impractical or unattainable. An aggressive a nd achievable goal can probably motivate employees to accomplish the organizational objectives. Thus, employees should be engaged in