ASSIGNMENT 1: Management and Information Environment
Company Profile of Siemens
Siemens is a German multinational conglomerate company headquartered in Munich, Germany. It is the largest Europe-based electronics and electrical engineering company. Siemens is organised into six main divisions: Industry, Energy, Healthcare, Equity Investments, Siemens IT Solutions & Services and Siemens Financial Services. Human Resources Perspective : Siemens 3i Program
The human resources perspective combines prescriptions for design of job tasks with theories of motivation.  Siemens humanistic perspective on management is reflected on its 3i program, which applies Theory Y assumptions to tap into employee creativity and mind power. The 3i Program(ideas, impulses, initiatives) encourages ideas and suggestions from employees and rewards these initiatives. There are direct and indirect ways for improvement suggestions. Employees can either contact supervisor directly to voice their ideas (direct) or submit their suggestions to the 3i office, who will step in to find the responsible department(indirect). Employees will be rewarded if their improvement suggestions are adopted. Siemens has a huge number of motivated employees and thus enormous creative potential on ideas for improving work surroundings, optimizing processes, saving money or enhancing competitiveness. Today 100,000 3i suggestions a year are put into practice-at Siemens AG in Germany alone.  This Theory Y approach enables the company be rewarded by premiums totaling €300 million. Impact of Social Forces : Training in Siemens
Social forces refer to those aspects of a culture that guide and influence relationships among people. One social force is the changing attitudes, ideas and values of Generation Y employees, who want a work environment with access to opportunities to learn and further their careers and personal goals. In response to the social force of Gen Y workers,...
...Knowledge Management and Organizational Learning
William R. King
Katz Graduate School of Business, University of Pittsburgh
For centuries, scientists, philosophers and intelligent laymen have been concerned about creating,
acquiring, and communicating knowledge and improving the re-utilization of knowledge.
However, it is only in the last 15–20 years or so that a distinct field called “knowledge management”
(KM) has emerged.
KM is based on the premise that, just as human beings are unable to draw on the full
potential of their brains, organizations are generally not able to fully utilize the knowledge that
they possess. Through KM, organizations seek to acquire or create potentially useful knowledge
and to make it available to those who can use it at a time and place that is appropriate for them
to achieve maximum effective usage in order to positively influence organizational performance.
It is generally believed that if an organization can increase its effective knowledge utilization
by only a small percentage, great benefits will result.
Organizational learning (OL) is complementary to KM. An early view of OL was “…encoding
inferences from history into routines that guide behavior” (Levitt and March, 1988, p. 319). So, OL
has to do with embedding what has been learned into the fabric of the organization.
The Basics of Knowledge...
ManagementInformation System (MIS)
In my words, ManagementInformation System is a digital, or computer based tool, which provides managers of all levels, as well as regular employees, with information crucial to perform their tasks more effectively.
ManagementInformation Systems are used especially by managers and they help them with different areas of their work:
gathering needed information
evaluation of processes
ManagementInformation Systems combine information from various dimensions or branches of the company or organization, such as:
Some synonyms for MIS are as follows:
Some examples of ManagementInformation Systems:
CFM (Car Fleet Management)
CRM (Customer Relationship Management)
ERP (Enterprise Resource Planning)
Examples of MIS
car fleet management (cfm) and customer relationship management (crm)
CFM: System that helps to control how cars are used in a company. Driving performance, fuel usage but also sales performance and efficiency.
USOS Web: Internet platform, used to help...
INFORMATION TECHNOLOGY FOR MANAGERS
Thanks to the rapid development of technology, Internet is being used widely, which is a good background for the breakout and development of e commerce in the near future.
Group buying, a kind of e-commerce, started in US and then has developed everywhere in the world. It has been developing gradually in Vietnam since 2010.
The study will present this model in the world and also in Vietnam, interpret its success and weakpoints, set up a new business model.
This model is not just a business but a combination of trade and technology.
OVERVIEW OF NHOMMUA
1.1 Company description
NHOMMUA established in October 2010, is a subsidiary of a German group- Rebate Network investing in Asia which is also the host of DiaDiem.com website. It is now making up 35,89% of the market with very remarkable total revenue of 225,589 m VND. NhomMua gets Alexa rate as 14.753. (1/6/2011)
NhomMua is now considered the most successful group buying in Vietnam as it provides costomers in Ho Chi Minh City, and Ha noi with high quality goods or services with very high discount rate even up to 90%. The number of members has increased up to 500,000 now and about 4million people access this website everyday.
They are primary cells that form the basis for the
creation of information.
2. Information and document (record)
The information can be defined as a processed data set, that has
meaning, y and therefore are useful for who should make decisions.
The processes that add value to the data and can be
transformed into information:
We can define INFORMATION:
data processed communication content
providing the new knowledge
aims and is able to change the way the receiver perceives
impacting on their value judgments and behaviors.
All support capable of communicating information.
Object created with the deliberate intention of transmitting
information only (Information Science).
Documents for quality must meet the following criteria:
•Its origin should be evident and verifiable
•The information provided must be verifiable and come
from renowned authors and publishers
•Must be reachable and usable
Knowledge management (KM)
a range of strategies and practices used...
...Environmental Proposal and Presentation
Explain how the difference between leadership and management affect networking within your selected virtual organization.
The difference between manager and leadership is that manager processes administrative tasks such as planning, organizing, leading and controlling. Also uses human and resources to achieve the goals and objective of the organization. While leadership has acquired the attributes of amanagement in addition in influencing and motiving people to attain the goal of the group.
Functions of manager are:
A manager’s basic responsibility to guide its employees in the performance of work activities to achieve the desired outcome. These include; planning, organization, leading, and controlling
-Planning: Requires a roadmap of the direction the manager will use to accomplish the goals and objective of the organization for example. The Taylor Ambulance company will need to plan on the method the organization will use to ensure a smooth transition from paper to electronic database.
-Organization: After assessing the area of need, the manager may decide to put into effect certain criteria such as staffing, training and developing employees, and the involvement of human resources to accomplish the goal. For example place
-Leading: An effective manager requires more than just planning and organization, he or she needs to lead effectively to...
...assignment titled “ManagementInformation System of the Jamuna Fertilizer Company Limited”:
A Case Study. A closer study assigned as a required of our course related. In preparing this assignment I have acquired much knowledge about “ManagementInformation System”. I have tried my best to furnish the assignment with relevant data. Which I had to collect from online and related journal. I hope this assignment will help the related sector to gather some insights on the widows to do further studies in this aspect. I would like to convey my tributes to you and thank you for giving me the opportunity to work on this topic. Your queries in this aspect will highly be expected. Thank you
Md. Ifthekhar Adib
7th Semester (30th Batch)
Department of Business Administration
Leading University Sylhet, Bangladesh.
At first, we convey our gratitude to the Almighty who made me able to complete this report. This work is a synopsis of our recent study on “ManagementInformation Systems of the Jamuna Fertilizer Company Limited” as a part of assignment.
I’m very fortunate that I have received at most and sincere guidance and co-operation from various people while preparing this assignment. At first I express my sincere gratitude to our respected teacher Mr.Md.Rahimullah Miah Lecturer of MIS of Leading...
...Siemens AG is a German based company founded in 1847, employs over 416,000 people in 190 countries, and has over 60.1 billion Euros in sales worldwide. Siemens became the electronics, telecommunications, and electrical engineering powerhouse that it is today by consistently innovating and discovering new technologies. After starting out as a small precision-engineering workshop making wire insulation and warning bells for railroads, thecompany discovered the dynamoelectric principle, built the first electrical railway and developed the first electrical elevator. Siemens currently makes a plethora of products such as light bulbs, X-ray machines, telecommunication equipment, and high speed trains.
Increased competition, deregulation, and a surge in data traffic drastically changed the business structure of the telecom Industry. An economic wave of new competitors arrived at the table while the pace of innovation increased by the introduction of new technology such as IP networks. Due to these economic changes, Siemens underwent a restructuring phase and as a result of this, a new business group, Information and Communication Networks (ICN) was formed. In addition, there was an increase in customer purchasing power because new and old customers became less interested in the practice of “buying boxes” from Siemens and became more focused on purchasing business...
Last Updated: May. 19, 2014
The Hershey Company (NYSE: HSY), headquartered in Hershey, Pa., is a global confectionery leader known for bringing goodness to the world through its chocolate, sweets, mints and other great-tasting snacks. Hershey has approximately 13,000 employees around the world who work every day to deliver delicious, quality products. The company, which has more than 80 brands around the world that drive over $7.1 billion in annual revenues, includes such iconic brand names as Hershey's, Reese's, Hershey's Kisses, Jolly Rancher and Ice Breakers. Hershey is focused on growing its presence in key international markets while continuing to build its competitive advantage in North America. Additionally, Hershey is poised to expand its portfolio into categories beyond confectionery, finding new ways to bring goodness to people everywhere.
At Hershey, goodness has always been about more than delicious products. For 120 years, Hershey has been committed to good business by operating fairly, ethically and sustainably to make a positive impact on society. This means contributing to a better life for its employees, consumers, communities, and, ultimately, creating a bright future for children in need. This commitment is exemplified by Milton Hershey School, established in 1909 by the company's founder and administered by Hershey Trust Company. The children who attend the school...