Suggest one way the company you researched could increase its level of value-creating diversification.

Professor because you can’t see the e-activity, I give you one example from another student..
CLASS # 1
DISCUSSION # 1
“Diversification” Please respond to the following:
From the e-Activity, suggest one way the company you researched could increase its level of value-creating diversification. Provide specific examples to support your response.
Building on the topic above, determine how diversified the company you research could become before it created a negative impact on the company’s bottom line. Explain your rationale.
EXAMPLE FROM ANOTHER STUDENT DISCUSSION:
The company I researched for this topic is Nestle, which has been a big story in our local news because they have decided to relocate their headquarters to Arlington Virginia creating an estimated 750 new jobs in the area.  Nestle, a company which prides themselves on being a leader in the global nutrition, health and wellness recognized that the majority of their business is located in the eastern part of the country.  While this is not the only reason they chose to move their headquarters, they consulted in great lengths their move with leaders of Virginia because this strategic move will not only the allow the company to be closer to their consumer market and stakeholders, it will attract some of the top talents in the area and place them strategically close to regulatory groups and lawmakers on Capitol Hills.  This planned move of their Headquarters will most definitely increase its level of value creating diversification.
It is important the Nestle keep its Public Relations transparent with its dealings with the government, its stakeholders and consumers to not create a negative impact on its bottom line. Although the company’s move is strategic increasing its level of value-creating diversification, Nestle had some negative publicity due to their bottling water in a drought-stricken headquarters of Glendale, California.  By leaving headquarters in Glendale, and estimated 1200 jobs are taken as well.  While Nestle’s move is very strategic and increases its diversification it must be conscious of the public’s view on the company’s image.
References:
Bhattarai, A. (2017, February 01). Nestlé to move U.S. headquarters to Arlington, bringing 750 jobs. Retrieved April 30, 2017, from https://www.washingtonpost.com/business/capitalbusiness/nestle-to-move-us-headquarters-to-arlington-bringing-750-jobs-to-the-region/2017/02/01/0ff6ec34-e40c-11e6-a547-5fb9411d332c_story.html
Nestlé USA To Move Headquarters To Virginia. (n.d.). Retrieved April 30, 2017, from http://www.nestleusa.com/media/pressreleases/nestle-usa-moves-headquarters-to-virginia.
CLASS #1
DISCUSSION #2
“Victory Motorcycles” Please respond to the following:
From the e-Activity and the case study, evaluate the business-level strategy of Victory Motorcycles to determine whether you believe the strategy is appropriate to offset forces in the industry. Provide specific examples to support your response.
Make recommendations for improving this strategy as well as describing any challenges you foresee in executing those recommendations. Provide specific examples to support your response.
EXAMPLE FROM ANOTHER STUDENT DISCUSSION
The business level procedure which has made Victory Motorcycles so celebrated the world over is its enhancement system. The business is exceptionally differentiated with a wide mixture of items fabricated like bikes, snowmobiles and watercrafts. This makes the association an exceedingly differentiated one. Their objective business sector ranges from America the distance to China, Russia, Brazil and Australia. They have a tendency to target clients through a mixture of imaginative outlines and top notch motorbikes.
Make recommendations for improving this strategy as well as describing any challenges you foresee in executing those recommendations. Provide specific examples to support your response.
Since there are a few others car firms in the business who have the propensity, limit and innovation to fabricate shockingly better and profoundly effective motorbikes the organization need to take potential rivalry under wraps. What the organization needs to do is detail vital arrangements for new car plan and enhances the productivity. Alongside that the organization needs to fabricate environment cordial motorbikes like electric autos with the goal that this test can likewise be met.
Markides, C. C. (2012). Diversification, refocusing, and economic performance. Cambridge, Mass. [u.a.: MIT Press.
Kenny, G. (2011). Diversification strategy: How to grow a business by diversifying successfully. London: Kogan Page.
CLASS # 2
DISCUSSION # 1
Internal Consistency at Customer First” Please respond to the following:
Determine how job analysis and job evaluation could be used at Customers First to develop an internally consistent compensation system.
Determine whether or not you agree with Joan’s view on job analysis and job evaluation. Explain your rationale.

Job Analysis

Watch video……User: n/a – Added: 2/26/14

EXAMPLE FROM ANOTHER STUDENT DISCUSSION:
We know job analysis is important to businesses that want to establish internally consistent compensation system. So, with that in mind, we would first make a clearly written job description with clear expectations. This job description will have duties, requirements and explain relative importance that ties that job to company needs and goals.
We will also clearly rate the jobs in the company to ensure all are aware of the scope and depth of each task. This job analysis will contain requirements for specific positions measured on the standard scale.” This result in job grades, scores, levels or ratings whereby jobs can be compared with other jobs to determine their relative worth” (Martocchio, 2017).
I do not agree with Joan’s job analysis or job evaluation. It is very misleading, especially by having the same employees performing the same job. She is misleading; Fairness is not being achieved here, the pay for some does not pay to equate to the value of worked performed.
Reference:
Martocchio, J. J. (2017). Strategic compensation a human resource management approach (5th ed.). Boston; Columbus; Indianapolis; New York: Pearson
CLASS# 2
DISCUSSION #2
“Compensation Considerations” Please respond to the following:
Determine the best way to leverage compensation surveys to set the level of compensation for your current (or future) job position. Provide specific examples to support your response.
From the e-Activity, determine how you would integrate internal job structures with external market pay rates to set a base pay rate for the position you researched.
martocchio_sc7inppt_06.pptx
EXAMPLE FROM ANOTHER STUDENT DISCUSSION:
Determine the best way to leverage compensation surveys to set the level of compensation for your current (or future) job position. Provide specific examples to support your response.
The best way to leverage compensation surveys to set the level of compensation for your current job position is to look for the industries that have similar job descriptions and job titles to your company. This is the extent of compensation surveys.
Review elements of methodology to make sure you have consistency with the standards of honorable of industries and organizations. This is the compensation survey methodology.
Research organizations that have already conducted salary surveys for companies in your same market’. This is the background of compensation survey.
From the e-Activity, determine how you would integrate internal job structures with external market pay rates to set a base pay rate for the position you researched.
The position I researched is the Human Resource Director in the Veterans Administration. With wishful thinking, to integrate internal job structures with external market pay rates to set a base pay rate for the Human Resource Directors position would be to look at the industries pay rates for the similar position and to pay a little above or below to prevent a competitive advantage by companies in the same market.

Reference:
Martocchio, J. J. (2017). Strategic compensation a human resource management approach (5th ed.). Boston; Columbus; Indianapolis; New York: Pearson.

Related posts

Latest posts

Leave a Comment

Leave a Reply

Your email address will not be published.