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Building Long Term Success :, Implement change and organise - Coggle…
Building Long Term Success :
PLANNING FOR SUCCESS
Short term
Used in addition to existing ideas or products
Long Term
Risk risk requiring commitment and investment
Medium Term
Relaunch of product or service, requires more investment and resources and higher risk
CHANGE MANAGEMENT
INNOVATION
Includes all business functions - Finance, Operations Management, Marketing and Human Resources.
QUALITY AND IMPROVEMENT
Quality Assurance (QA)
All aspects needs to fulfil requirements needed for quality.
Seven Key Tools
Histogram, Control Chart, Scatter Diagram, Pareto Chart, Cause and Effect diagram, Stratification
Quality gaps model
Quality Control (QC)
Product/requirement from consumers
Perceptions based model
LEADERSHIP AND MANAGEMENT
Identifying leaders
As a person- - Who
As a result - What
As a position - Where
As a purpose - Why
As a process - How
Management
Planning, communication, budgeting, measuring performance, solving problems
Leadership styles
Transformational, Charismatic, transactional, democratic ,
MOTIVATIONAL THEORIES
Maslow's Hierarchy of needs
Herzbergs two factor theory of motivation
Absence of motivation
Absence of hygeine
TIME AND INNOVATION :
Start Up Accelerators
Move firms rapidly from establishment to venture funding and growth
Business Incubators
Provide support for start up/early stage through training, mentoring and capital funding
EMPLOYMENT RELATIONS
ECONOMIC PERSPECTIVE
Macro Level Analysis
Wider labour market, effects employment
Legal - contracts, rights, disciplinary, work conditions, grievousness, human resource
Micro Level Anylasis
Power of employees within an organisation
Implement change and organise
