The Role of Strategic Planning within an Organisation Research Paper

The Role of Strategic Planning within an Organisation - Research Paper Example It is evidently clear from the discussion that the development of an organizational strategic plan remains essential in ensuring the stakeholders remains focused toward achievement of common goals. Through the strategic planning aspect, a guideline to fundamental decisions becomes established as organizations seek to enhance the effectiveness of the organizational business process. Effective strategic planning, therefore, presents an articulate course of actions which are necessary for making essential progress within the organization. Strategic planning remains an essential aspect of management which must be effectively addressed in seeking to ensure organizational efficacy. This planning element can be defined as a fundamental determinant of the management process as it presents an evaluative communication of the organizational capabilities with objectives. Strategic planning enables organizations to match their capabilities with the anticipated outcomes, hence enhance the effectiv eness in the utilization of organizational resources. The strategic planning element provides guidance regarding the course of action to be taken under different circumstances which might face the organization. This is commonly established following an extensive analysis of the internal and external factors which might affect the effectiveness of the organization. Organisational planning remains essential in the development of processes aimed at providing a guideline into the actions undertaken towards achieving organizational goals. The fundamental focus of strategic planning remains to ensure the sustainability of business operations in the future. Strategic planning remains a critical element in different management aspects within an organization. Crisis management can be described as the process through which organizations deal with external threats which could potentially harm business operations.

Electrical Science Essay Example | Topics and Well Written Essays - 1000 words

Electrical Science - Essay Example From the current divider rule, the current flowing in a circuit divides itself according to the ratio of the resistance. For a two resistor circuit comprised of resistors R1 and R2 the current through R2 is given by; .. 16V-9I1+9I3-12I3=0 16-9I1-3I3=0 Loop 2 I312- {(I3- I2)5}-(I2 8)=0 12I3-5I3+5I2-8I2= 0 7I3-3I2= 0 Loop 3 {(I1-I3) 9}+ {(I3- I2) 5}-{(I1-I2) 6}=0 9I1-9I3+5I3-5I2-6I1+6I2=0 3I1- 4I3 + I2=0 Solving the three equations 16-9I1-3I3=0 (i) 7I3-3I2= 0 (ii) 3I1- 4I3 + I2=0 (iii) Solving the simultaneous equations From equation (ii) 7I3=3I2 (iv) Substituting equation (iv) to equation (iii) we get; 3I1- 4I3 + =0 3I1-1.67I3=0 (v) Solving equation 1 and (v) 16-9I1-3I3=0 3I3+9I1= 16 (vi) 3I1-1.67I3=0 (vii) Multiplying equation (Vii) by 3 we get 9I1-5I3=0 9I1+3I3=16 Subtracting the two equations to eliminate I1 we get -8I3=-16 I3= 2 Solving for I1 we get 9I1 +6=16 I1= Solving for I2 we get = Therefore the current through the 5 ohm resistor is given by IR2= I3- I2 IR2= 2-4.67 = -2.67 Meaning that the current flows in the opposite direction as shown in the figure below IR2= 2-4.67 = -2.67 QUESTION 3 Question 3.1 Theory For an AC circuit connected in series as shown below The impendence Z is given by: Z= R+ j X Z is the impedance R is the resistance X is the reactance The reactance of a circuit comprises of the capacitive reactance and the inductive reactance and is given by X=XL-XC Where X is the reactance XL is the inductive reactance given by XC is the capacitive reactance CalculationsCapacitive reactance= = = 15.92 Inductive reactance = = 47.1 H The magnitude of impedance = Z= 31.75 Question 3.1 b Theory For a RLC ac circuit with the XL being greater than XC , the current leads the voltage and the phasor diagram is as shown below; The phase angle is given by; The power factor for an ac circuit is given by Power factor = The power of a single phase circuit is given by

The Life of Mozart Essay Example | Topics and Well Written Essays - 750 words

The Life of Mozart - Essay Example Born in 1756, Mozart seemed to have inherited the interest for music from his father, Leopold Mozart who was a choir master and the court musician for the Prince Archbishop of Salzburg (Herbermann, 1913, p.623). Mozart demonstrated his skills in piano before he was above five years of age. He was honored with the Order of the Golden Spur when he was only thirteen years old. Mozart had an estranged relationship with his father though he had gained his initial inspirations from him itself. This had worsened after the death of his mother, when Mozart decided to walk out on his father and become a self made person. He married in Constanze and he also consumed alcohol heavily. It is said the he died of rheumatic fever (Jenkins, 2005, p.113). Music and conflicts Mozart was born in the time when the Christian society was torn between the Catholics and the Protestants. His parents had to travel extensively from London to Austria. Mozart was also a prodigy in languages as he had learnt fiftee n languages over his life time. â€Å"In 1769, the 13-year-old Wolfgang had composed the first 65 pieces in the Kochel catalogue. The Kochel catalogue is the definitive system for identifying Mozart’s works; each piece is designated by either â€Å"K†, for Kochel or â€Å"KV†, for Kochel-Verzeichnis (German for Kochel Catalogue) and followed by a number between 1 and 626† (Wolfgang Amadeus Mozart, n.d, p.2). Mozart met Johann Christian Bach during 1764-1765 who made a big impression in his career and music (Flothuis, 2001, p.2). Bach’s music had greatly influenced Mozart to compose his creations in the form of symphonies and piano concertos. He had also absorbed some of J.C. Bach’s creations in his own music. Mozart was a very troubled person from within. He was not accepted by the society initially and his financial condition was also very poor. He was also neglected by the emperor Leopold II who thought his music to be a laughable kind of music. The previous emperor, Joseph II, had shown admiration for Mozart in spite of his scarcity in monetary support and his infamous comment. However, Mozart was completely ignored by Leopold II who had not included the composer in the musicians who were invited to the coronation of the emperor in Frankfurt in the year 1790 (Greene, 2007, p.410). Compositions During his life time of 35 years Mozart had composed 600 works that included 16 operas, 41 symphonies, 27 piano concerti, 5 violin concerti, 25 string quartets, and 19 masses (Foley & Bangert, 2000, p.210). His compositions had formed the basis for many music composers like Beethoven. In the later years, Mozart had incorporated the musical styles from other countries into his creations. Mozart had perfected the symphony for operas. Mozart was well known for his symphonies such as Symphony No. 40 in G minor. His compositions â€Å"have become synonymous with the Classical "age of elegance," and are perhaps best exemplified by the well-known Serenade in G major, which the composer called Eine kleine Nachtmusik (A little night music)† (The Classical Period, 2008). Conclusion Mozart was considered to be one of the pioneers composers of all times. His music depicted a bold expression that was sometimes complex and dissonant, and often required greater technical knowledge from the musicians who

Most Effective Promotional Tools to Attract Customers Essay

Most Effective Promotional Tools to Attract Customers - Essay Example The systematic way of communicating marketing function to the target audience in order to influence their behavior towards a product and taking competitive advantage is known as promotion (Koekemoer 2004). The promotional tools are very important in industries where competition is tough and these tools helps the organizations to maintain their market share by increasing the sales volume (Perreault 2000). In leisure industry, it is very important to determine appropriate promotional tool that can help the organization to increase the customer satisfaction and increase its revenue therefore, this paper will evaluate the promotional tools that are most effective for Virgin holidays. Company Profile â€Å"Virgin holidays† is part of virgin group and this leisure company is one of the largest tour operator companies of UK, established since 1985 (Virgin 2012). Apart from USA and Caribbean, it offers holidays to different parts of the world including Middle East, South Africa, Canad a, Australia, Mauritius, and Far East. On average, the company runs 16 marketing campaigns per year in which different promotions are performed in summer, fall, and winter seasons (Virgin 2012). There are also monthly marketing campaigns in which the company, for increasing the overall revenue targets different segments (Virgin 2012). The promotional tools that Virgin Holidays is using to attract customers are Sales promotion, Advertising and Publicity. Research Objective The purpose of this research is to determine the promotional tool that is most effective to attract customers of Virgin Holiday. Research questions Q1. What types of promotional tools are most effective for attracting customers of Virgin Holidays? Q2. What is the importance of determining appropriate promotional tool for leisure industry? Significance of the Proposed Research Work The proposed research work is significantly important for the organizations of UK because this research will enable organizations to und erstand effectiveness of promotional tools in increasing their overall profitability. In this way, organizations will be able to implement appropriate promotional tools in their marketing strategy, which not only help to improve their profits, but increasing consumer loyalty for the product. In addition to the context of UK organizations, there is lack of research work for the effective of promotional tools in leisure industry. Therefore, this research will serve as important studies towards understanding the effectiveness of promotional tools. Scope of the Proposed Study The scope of this research will be limited to exploring the promotional tools used by Virgin Holidays for marketing, and their effectiveness for the company. No other factors will be explored or tested apart from these in the studies and it is important to mention here that the analysis and discussion in light of the proposed research aim will be limited to the skills and ability of the researcher. Structure of the Report This research report is divided into five chapters, which are as follows: Chapter – 01: Introduction The starting chapter of this report will discuss the background related to the topic and problems that are responsible for conducting this research. Apart from this, the chapter presents the aim, objectives and questions that will be addressed in this

Philosophy of Epistemology Essay Example | Topics and Well Written Essays - 1250 words

Philosophy of Epistemology - Essay Example It is not the task of this essay to offer a total refutation of the Skeptics' claim, rather to analyze arguments which look at the justification for our beliefs. Two such arguments, which have traditionally been in contest with one another, are Foundationalism and Coherentism. The former claims that there are basic, self-evident beliefs which act as a foundation upon which all other beliefs are built. The latter asserts that all beliefs are justified if and only if they cohere with one another. There are obvious problems with these two modes of thinking, which will form the primary investigation of this essay. A possible solution, as offered by Haack, lies somewhere in the middle and is understandably termed "Foundherentism". The heart of this essay will be in the exploration of Haack's reasoning, but first, a look at the two competing theories from which it stems. Empirical Foundationalism claims that sense experiences offer the platform upon which we are able to place all other beliefs. They need no further justification and all other beliefs can ultimately be reduced to these basic beliefs. There is a clear initial problem with Foundationalism, in that it appears to rely on an essentially dogmatic approach. It does not seem unreasonable to ask, for example, how someone knows that it is Monday today. Is it because yesterday was Sunday In which case how does one know it was Sunday yesterday Did someone tell them If so, how did they know And so on for an infinite regress. However, it does seem reasonable, from a common-sense perspective to allow the pressed epistemologist sanctuary with his own sense experiences. Indeed, in her article, A Foundherentist Theory of Empirical Justification, Haack remarks that one of the merits of Foundationalism is that "it acknowledges that a person's experience- what he sees, hears etc.- is relevant to how just ified he is in his belief about the world" (p.420). It certainly seems to be the case that our senses play a key role in deciding our beliefs about the world. A further problem, one which is raised by supporters of Coherentism, is that sensory justification alone does not properly address the problem of why those beliefs have come about. There must be, according to Coherentism, some context within which the sensory beliefs make sense. Believing that one can see a computer in front of them is only justified in relation to another set of beliefs about what a computer is. Coherentism essentially allows justification on the merit of the coherence of the belief set within which it falls. It attempts to deny the validity of the regress argument by claiming that justification is a holistic approach. Though it may offer an alternative to the dogmatic approach of Foundationalism, it nevertheless leaves no room for the sense experience of the subject. It is quite plausible that a subject constructs a perfectly coherent set of beliefs which have little or no correspondence with the 'real world' to which it refers. It might, therefore be perfectly al low-able from a Coherentist perspective to hold a set of beliefs which are entirely justifiable but entirely untrue. Furthermore, the 'holistic' approach offered by Coherentists, is seen by its opponents as little more than a euphemism for circularity. The focus of Foundherentism is the "standards of better or worse evidence, of more or less justified belief"

Everyday life challenges Essay Example | Topics and Well Written Essays - 250 words

Everyday life challenges - Essay Example These challenges are usually defined by the surrounding environment. Some of the common challenges I face are correlated with my emotions, family issues, work environment, economic issues, religious issues and the physical environment (Dean 44). For example, family issues such as sibling rivalry and hatred within the family interferes with the family relationships. This can also affect other members of the family especially when the siblings are not minors. Most of the time is usually spent on trying to resolve such duels. My personal emotions also affect my general outlook. This is normally depicted on a daily basis. In conclusion, I have become a victim of drug abuse and violence based on the numerous challenges, which I face as an individual. On several occasions, I have learnt that harboring an optimistic attitude is the best technique to ensure that I can cope with my everyday challenges (Dean 34). Also, engaging in leisure ensures that I am able to relax after work. Some of the leisure activities I engage in include playing games, swimming and reading magazines. These leisure activities enhance relaxation hence; avoiding daily

Management - Group Effectiveness Essay Example | Topics and Well Written Essays - 1000 words

Management - Group Effectiveness - Essay Example This paper aims at exploring various dimensions of team effectiveness and strategies. An example of a cross functional team will also be discussed to build a clear understanding of issues and problems in building effective teams from a practical approach. Formation of Group Formation of the group is the first and the most fundamental part of group effectiveness. The selection of the right size and the right members is of vital importance for the success of any group. My group was formed when my organization decided to launch a new product. It was line extension. My organization formed a cross functional team. Group members were selected from different departments according to the requirements of the project. My group consisted of eight employees from three different departments of the organization i.e. procurement and supply chain, production and marketing. The purpose or task of the group was the successful launch of the product. Like all work groups my group also passed through the four stages of group development after formation namely mutual acceptance, decision making, motivation and commitment, and control and sanction. When a group passes through these stages, a successful group becomes a mature group. According to the group development model any group has three major issues i.e. interpersonal issues, task issues, and authority issues. Group effectiveness can be increased by taking care of these three issues. The interpersonal issues include aspects like trust, personal comfort and security. The task issues include purpose of the group, what the group wants to achieve i.e. the expected outcomes and the methods utilized to achieve those outcomes. The authority issue deals with the hierarchy of power and role definition of every member in the group along with the chain of command. A clear and unambiguous definition of these issues helps improves effectiveness of the group (Debra L. Nelson, 2011). Group Effectiveness There are various external and internal factors that are responsible for group effectiveness. It includes group size, time, diversity in group in terms of gender, age, culture and interpersonal diversity, group cohesion, norms of the group etc. Our group had all these factors. There are many characteristics of a successful group such as an effective open communication possible through a relaxed, comfortable and informal atmosphere. The group task which was in our case was the successful launch of the product in the predetermined time lines, must be clear to all group members. Group members are not able to hold task open discussions about task related goals but are keen to listen to one another. Group cohesion and communication is so strong that people express both their feelings and ideas. Conflicts do happen as a healthy sign but they revolve around task, methods and ideas and not personalities. The group has a good understanding and is aware and conscious of its functions. Decisions are taken through mutual consensus. G roup assigns clear duties to each member with their consent. My group has all these characteristics of an effective group (Jane Goodman, 2006). Effective Group Communication The study of group dynamics in various theories and research revealed that enhancing group effectiveness requires complex skills, techniques and knowledge that creates choices, opportunities and success not only for the group but for the individual as well. Effective communication was identified as an effective tool in