BU7204 SM Assignment April 2014 Essay Example | Topics and Well Written Essays - 2000 words

BU7204 SM Assignment April 2014 - Essay Example esents a comparative study of the schools of thought model formed by Henry Mintzberg, which is utilised to categorise strategic management fields for companies and the Strategic Lenses provided by Johnson, Scholes and Whittington (2008). The paper outlines each one of these models and assists understanding and applicability through industry examples. The comparative study at the end tries to assess the relevance and applicability of each thought. Henry Mintzberg’s 10 schools of thought is a framework that is used to elaborate on the concept of strategic management. The schools have been described and a critique of insights is presented under each category. The 10 schools of thought mention ways in which strategies are to be formulated (Mintzberg, Lampel and Ahlstrand, 2005). These schools of thought discuss methods that are to be deployed while framing a company strategy. As per this school of thought, formulating a strategy is a deliberate process that begins with the conception of unique and clear notions. The tools such as, SWOT and Ashridge Mission model, are used to assess the external and internal environment of business. This strategy is best suited for stable business environments, but eliminates relevance of the external business environment (Ambrosini and Collier, 2007). Under the planning thought, strategy formulation is a formal procedure where strategic execution is preceded by a rigorous analysis of the context. This strategy involves a great deal of brainstorming and promotes innovative thought. For example, Clear shampoo used a popular football icon to communicate and market its male shampoo, Clear Men. Here strategy formulations happen as a process of analysis where business is compared with industry standards and strategies are formulated to improve market position. The strategy aims towards changing or altering the present company position in market and perception in the minds of consumers. Toyota shifted its positioning to a manufacturer

Pressures on employees at work Essay Example | Topics and Well Written Essays - 2750 words

Pressures on employees at work - Essay Example The designed guidelines touch on the numerous and diverse demands made by staff workers and the degree of control that staff members have their duties and responsibilities. The guidelines additionally address the managerial support systems within a workplace, the degree of clarity of an individuals position and responsibilities attached to the position and staff relationships within the workplace. The guidelines provided by the Health Survey for England (HSE) are founded on broad studies. In the course of their formulation, HSE conferred with numerous stakeholders including employers, staff members, staff organizations and other interested parties. This approach was intended to improve the way organizations dealt with stress related issues at the workplace. Therefore, an individual may enquire what stress is. It is defined as an unfavourable reaction individuals have to intense demands or other forms of demands placed upon them. It is different from basic workplace pressure, which sometimes develops motivational tendencies. The unfavourable response can negatively affect the affected individuals mental health developing into extreme cases of anxiety and depression. Individual-environment fit theory states that the effects of stress may come about when intimidating workplace demands culminate into unevenness in the interrelation between a person and the environment of his or her workplace. Even though dominant, the framework is regarded by some scholars to have produced an unclear method to the analysis of work-related stress (Chemers et al. 1985) and it remains to be seen whether the confusion existing between the fit theory and its evaluation will end anytime soon. Another theory developed later known as the job strain theory has put emphasis on the interrelation between objective demands of the occupation environment and staff choice autonomy (Karasek & Theorell 1990). The focus is on the