Assignment 4
A Student of
University of the People
Restoration Affiliates (RA) was founded by the heads of four restoration and reconstruction companies. The company was formed to allow smaller regional restoration and reconstruction companies to compete with big national players, by providing a national service solution for their clients (Zuckerman & Reavis, 2014).
Challenges Faced
The main challenges of the new organization was deciding how to achieve a high level of coordination with its many partners, building a network with its partners all sharing a common goal and objective, while creating value for customers and maintaining a competitive advantage (Zuckerman & Reavis, 2014).
Value Chain Analysis
In building
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Offer special software to meet the needs of clients
Service – round the clock customer service and support offered to customers, educational training, daily communication, and disaster planning (Zuckerman & Reavis, 2014).
RA’s support activities are closely aligned to primary activities. These include
Procurement – providing national coverage, but local expertise, local market knowledge, local relationships, and local resources as much as possible (Zuckerman & Reavis, 2014).
Human resource management – By recruiting affiliates that are aligned to its mission and goals, RA creates a valuable asset critical to achieving its goals. Each affiliate comes ready equipped with a team that adds value to the organization (Zuckerman & Reavis,
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“Members had to be privately owned, independent, commercially focused, regional restoration contracting service organizations, with a dedicated commercial marketing person on staff” (Zuckerman & Reavis, 2014). In addition, members have to pay membership dues and referral fees. The amount if data and requirements for being an affiliate assures high quality assurance but may also be a deterrent for start up firms who have much knowledge and skills to contribute but little to no financial resources. As it is, while these firms may actually be an asset, they do not meet the minimum requirements to be a part of the
Park and Feiock explain that the roles of these types of organizations include the roles of, entrepreneurs, developers, coordinators, facilitators, and stimulators” (Feiock, 2012).
4. An engine performs 5000 Joules of work in 20 seconds. What is its power output in kilowatts and in
By eliminating uncertainty and ambiguity between the contractor and the contracting officers, the government could get rid of the divergent interpretations that inflate the cost. Realizing it is to the contractor’s advantage to pass on all expenses it can to the buyer in order to maximize profits every opportunity to clarify criteria for cost, reduce disagreement, and set clear limits are necessary. The difficulty in writing a contract to get rid of all unexpected cost is evident but doing it will cut down on the confusion over the life of the agreement. Defining costs allowed and which are not along with potential penalties for delayed service delivery will yield a better
In a competitive economic environment, human resource management has taken more of a strategic, hands-on role in many companies to handle the challenges they face to stay competitive. Companies must find ways to bring in customers and keep good, well-motivated employees on the job. With this in mind, companies that are successful must have sound HRM practices and provide a positive workplace for employees. Looking at the Top 10 Companies to work for, we want to know if HRM practices have an effect on that company being one of the best places to work. We will look at REI, number 9 in the top ten companies to work, to see if Strategic Human Resource Management plays a role in their success.
• Establish a relationship with partnering organization with similar business philosophies and client base we would like to collaborate with for programs, events or services.
Partners: Nurture a winning network of customers and suppliers, together we create mutual, enduring value.
According to Penny Wilson Head of Community Affairs, University of Cambridge, “most problems [with partnerships] are caused by how organizations work differently day to day- e.g. delayed invoices….(National 2014)”. One must consider time constraints, accessibility to appropriate parties, and organizational hierarchies. Wilson (National 2014) highlights changes in staff as a possible obstacle. If this occurs one must be ready to communicate with new staff members and assess the viability of the partnership. Partnerships can also be threatened by a lack resources such as time or funding or a lack commitment from a partner. This lack of commitment may indicate a dif...
Contracting-out has been widely used in many public services through service contracts, outsourcing, management contracts, and public-private partnership in the form of build-own-operate or build-own-operate-transfer. (Tai, 2010)
...ospect customers but also with the beneficiaries. Choose the right people to be part of the organization
It is about setting up the Who-You-Know. Each association's goal is to be effective with their administrations and to profit by creating persuasive systems taking into account associations, fitness and responsibility. Keep in mind, that trust is the basic component in setting up a solid system for your business.
Partnership – This is a model based on sharing profits and pursuing common business obje...
company are being negotiated by the customers. According to Tony Nagle (N.D), the top 10 factors for successful
Human Resource Management (HRM) is fundamentally another name for personnel management. It is the process of making sure the employees are as creative as they can be. HRM is a way of grouping the range of activities associated with managing people that are variously categorised under employee relations, industrial/labour relations, personnel management and organisational behaviour. Many academic departments where research and teaching in all these areas take place have adopted the title department of human resources management. HRM is a coordinated approach to managing people that seeks to integrate the various personnel activates so that they are compatible with each other. Therefore the key areas of employee resourcing, employee development, employee reward and employee involvement are considered to be interrelated. Policy-making and procedures in one of these areas will have an impact on other areas, therefore human resources management is an approach that takes a holistic view and considers how various areas can be integrated.
Partners: Nurture a winning network of customers and suppliers, together we create mutual, enduring value.
In the business world, there are different types of business entities and can be categorized using different parameters. There are sole proprietorship businesses, partnerships, companies and others also exist as franchises. All of these types of business organizations have the objective of meeting client needs, make profits and grow from one level to another. Each business setup works differently from the other as they all have different platforms on which they run, with different goals, and also offering different services or goods. They all target to satisfy their stake holders differently. With this in mind, most organizations will craft their objectives and missions towards fulfilling the expectations of all that are involved by making good returns on investments by the stake holders (Business case studies, 2013).