People and Organisations Coursework Essay Example | Topics and Well Written Essays - 500 words

People and Organisations Coursework - Essay Example The author presented three arguments. First, the continuously evolving setting promotes flexibility, versatility, the creation of knowledge organisations, and boundaryless career. Second, employees are responding to dying out career traditions by turning their attention toward particular occupation and professional roles. And, third, traditional career norms are weakening because people are continuously adapting and finding new ways to build and strengthen their networks, relationships, and roles. The author concludes that the negative psychological notion related to shifting or different careers is no longer existent today. Nowadays, people are more concerned about or focused on their career assets than their career stability. It is important to emphasise at this point that the extent and expanse of literature the author used is justifiable or appropriate with regard to relevance and application. This method strengthens the reliability of the article. The author employed a suitable method to derive his arguments and look for answers for the questions of the article. Information was gathered using extensive library research and review of secondary sources. No method to gather primary information was carried out. The only weakness of the article is its use of only qualitative methods and fully discarding the value of a mixed method approach, especially in substantiating other studies’ findings about the obsoleteness of career stability, such as the article of Kerr Inkson entitled The Boundaryless Career (2012). Nevertheless, the article contributed much to the understanding of how boundaryless career and project management are connected to each other. The author showed how an individual’s pursuit of career capital contributes to the creation and transfer of knowledge which is highly valuable to project-based industries. Boundaryless career, according to the author, promotes the rise of knowledge workers and knowledge organisations. In a

Business Venture Essay Example | Topics and Well Written Essays - 2000 words

Business Venture - Essay Example Some of the themes include: Creation of a new (better) product, bringing in a product with more economic value than others, a vision for growth, desire to foster continuity to a family business and willingness to take uncertainty. ICEVED (2006) explained that research into entrepreneurial behaviour should consider contextual issues and identify the processes that give explicit explanation rather than just describing this phenomenon, and thus leaving the venture vulnerable to ambiguity Economics of value creation is the theme being addressed, and its relevance to the business plan. This heavy duty focus was picked because it is the chief reason for any business venture. This is a basic framework for evaluating and optimizing profits in a business operation. As a matter of emphasis, any business person desires to grow economically. The growth of one individual will automatically overlap into the country's economy. This theme enables a person to make a choice between the infinite business options, and what customers to target and further still how to manage the organisation. A business person is further faced with a forecast of whether there shall be an expansion in his or her venture or not and this is challenging. The road to prosperity is not always easy. Tough decisions have to be made. Such is the case when cornered with many business options to choose from. To support decision making process, a semi-quantitative dimension is added. This consists of general seven step evaluation process as below (Zero million.com, 2008). 1. The starting point is a list of strategic options, as they may have been identified during conventional strategic planning 2. The next step are to identify who will influence the value creation process 3. Find out what value drivers each of them use to influence it. 4. For customers representative of different segments, we can evaluate the value to the customer, the risk to the customer and the relative market power between buyer and seller. 5. The following step is to analyze the cost structure and understand how it scales with market size. 6. By combining the results from the two previous steps it is possible to find the optimal profit as a function of volume, value drivers and the other parameters. 7. In the final step the strategic implications of the various options are integrated with other knowledge to form the basis for selecting a winning business strategy. From a policy perspective, economics of value development; which the main theme of discussion, can be defined as efforts that seek to improve the economic well-being and quality of life for a community by creating Jobs, goods and services which override the former ones. Economic development is an area which pushes a country into progress, and in touches all aspects of an economy. This includes Financial, population, agricultural, technological and acquisition sector (Lupke, 2001). Of major interest is the expansion of the business plan named: White Lion Enterprise ltd. Analysing this business plan will bring to light various aspects, all