Tuesday, February 25, 2020

Harvard Reflection Paper - Job Sculpting Essay Example | Topics and Well Written Essays - 500 words

Harvard Reflection Paper - Job Sculpting - Essay Example James Waldroop on the other hand, is a business school graduate with expertise in entrepreneurship and human resource management. The experience of the two authors was relevant to write on human resource management. From the publication, I learnt that every person has the power of having an employee expertise required by an organization. I learnt that like everyone else I have the urge of having the opportunity of serving in the top management of an organization. The difference is that some people have the required expertise while others lack the level of education required (Harvard Business School Press, 2008). However, this does not hinder people from having a dream. It is human nature that we want to be the chief commanding officer in any organization. Not just for the job description but for the rewards that come with it. Every human has the hope and faith that they will be successful in life. The human nature is fashioned in a manner that it is never satisfied with its current achievements. The urge of having more makes the world competitive and developing. According to Harvard Business Review (2011) all humans under an organization have the hop e that one day they will move a step from their current job description. Job sculpting revolves around human nature, and the will of individuals to succeed. The will of individuals to succeed creates the difference in the way employees are devoted to their work. When sourcing for employees, personal will to succeed should be considered as an added advantage. In an argument by Harvard Business School Press (2006) personal attributes should make the most of the requirement needed by employers. In terms of retaining employees, employers should satisfy the employee need for rewards and incentives. Rewards and incentives make employees more inclined to working and achieving an organizations goal. In any organizational setting, employees are required to be devoted to achieving the goals of the organization. It is

Sunday, February 9, 2020

JCB in India Assignment Example | Topics and Well Written Essays - 500 words

JCB in India - Assignment Example Expanding into the emerging markets, such as China and India, would enable the JCB take advantage of the booming construction industry. The strategic rationale adopted by JCB was that it could gain a strategic advantage by focusing on less competitive markets that has high growth potential. JCB estimated that the Indian and Chinese markets were ripe and had huge growth potential in the future. The company could gain a competitive advantage by exploiting the first mover advantage in these markets (Delios & Kulwant, 2012). One of the benefits of being a first mover is the ability of a firm to capture the market ahead of their rivals and establish a powerful brand name and image. JCB would also be able to establish great sales volume and build an effective experience curve in the market ahead of its main rivals. The JCB Company experienced a number of problems the selection of the appropriate expansion strategy. Initially, JCB relied on exporting strategy to serve foreign and international markets. It would manufacture approximately three-thirds of its products in Britain and then export them to other nations in which it served. However, given the high tariff rates on direct exporting, this strategy became uneconomical. The alternative was for JCB to go alone in its operations in India, but this was impossible due to the tough government regulations, which required new companies to enter into joint venture arrangement with the locals. Another problem experienced by JCB was the risk of losing control over its technological expertise, which were its core competence and a major source of its competitive advantage. There were several opportunities for exploitation in the Indian and Chinese markets. Given that these markets were relatively new, less competitive and obviously unexploited, JCB was likely to incur less expansion costs and reap exceedingly from the growth potential (Delios & Kulwant,