Management consulting

LCG's corporate reputation can be grouped in two components (see table 22). The first component, called ‘external corporate reputation’, corresponds to general characteristics of external reputation as: trust, admiration, overall reputation, well management, good place to work, good employees, and high standards treating people. The second component, ‘social corporate reputation’, is related to the environmental reputation regarding the support to good causes and the environment responsibility. …

Rather than auditing, the internal audit division provides consulting service to the management. There are members from the audit committee who are from former CFO team6. Actions taken: The report of the independent investigator committee included recommendations to Toshiba to prevent the re-occurrence of these failures…

same page so that their front-line employees can produce results for the customer, Dr. Dustin Burleson has distilled 7 Keys to Productive Team Meetings in this special report. Inside you’ll discover practical templates and takeaways from business management leadership and research produced by Cameron Herold, Ken Blanchard, Dr. Paul Hersey, and Verne Harnish so that you…

John C Portman is the designer and developer of the Portman Hotel under whose brand name the management runs the hotel. The hotel model is to serve the niche market and set new standards by adopting the Asian standard of hospitality. Portman hotel hard bargain tactics dissuaded the unions from representing the employees. In order, to maximize the service and reduce the overhead there is a lean middle management team and more personal valets facing the guest. The hiring process selected the…

A basic business plan includes: a description of the business (purpose, goals, and mission statement), a description of how the business will be marketed (market research, target demographic, and consumers), financial data (loans, cash flow analysis, and income projections), and how the business will be managed (employment, sales, and sales strategy) (SBA, 2007). Many entrepreneurs put off writing a business plan because they argue that they do not have the time, or it will not be useful because…

(2003), one of few researchers to examine whether and how organizations actually plan. Based on case studies of the planning systems of eight leading oil companies, he argues that while the content and role of strategic planning within organizations’ management systems differ, the strategic planning process itself and its main stages remain unchanged (i.e., the main stages correspond to the ones of the basic model). The second argument is based on Mintzberg's (1994) seminal work on strategic…

operations. For example, a few temp workers might be brought in to assist in the mailroom during the holiday season. On the other hand, freelancers are independent workers who are generally hired to work on advanced projects. This might include business consulting, graphic design and digital marketing. Freelancers must be provided with the right legal and employment paperwork regarding taxes and insurance. Keep in mind that the Department of Labor has very specific tax classification guidelines…

Choice #1: Ethical Business Management Sometimes, in firms, the interest of the stockholders and that of management will diverge and misalign thereby resulting in mismanagement of the business. Such separation leads to what is known in the finance world as an agency problem. Moreover, one of the five principle foundations of finance is principle number five (5) which points out that a conflict of interest will cause this agency problem (Keown, Martin, & Petty, 2014). Presented is an analysis…

Performance Management Framework According to the U.S. Department of Personnel Management (2015), Performance Management is the systematic process by which an agency involves its employees, as individuals and members of a group, in improving organizational effectiveness in the accomplishment of agency mission and goals. Incorporating a well-defined performance management framework into your organization is a key component to it success and longevity. For your performance framework to be…

able to become a CEO or high level manager. The idea got into my head around sophomore year in high school. Around this time is when I settled into the idea that I wanted to be a business major and started to pursue classes in human resources and management. I would often accompany my dad to his job where he oversees several hundred people. There I saw the amount of responsibility and tasks that he had to do each day. At the time all of it was very overwhelming to me, I didn’t really understand…