Saturday, October 5, 2019
Employment Laws in UK Replacing the Collective Laissez-Fair System Essay
Employment Laws in UK Replacing the Collective Laissez-Fair System - Essay Example This paper illustrates that before the introduction of the statutory employment law what was commonly in use was the laissez- fair that lost its significance later after the introduction of the statutory laws. This has made the collective bargaining to lose its significance considerably and instead the statutory laws have become more important. This has resulted into the emergence of new employment patterns in addition to employment disputes. This is clear indications that in the modern day workers depend on law rather than on the collective bargain. The rise of groups lobbying for the rights of workers has continually attacked the tenets of laissez faire through the enforcement of the labor laws. Laissez faire, which advocates for equal competitive chances for all hence survival of the fittest is currently seen as discriminative, offensive and unfair. Not only has individuals and organizations come up with new strategies, but the government has also come up with strategies aimed at protecting the consumers and investors. These regulations deal a great blow to the capitalist nature of businessmen as dictated by the laissez-faire policy. According to the Labor & European Law Review Index, there are articles, acceptable by the law that dictates on the associations at the workplace. Among the regulations in the index are the age regulations. This dictates that investors cannot hire children of a given age. Moreover, there are conditions that have to be fulfilled before an investor can hire women, children or the disabled. This restricts the freedom granted by the laissez-faire where one can hire whoever has the skills to complete the task at hand. Another challenge posed by the LERL is the employment rights, equality, and compensation. As it is widely accepted, Laissez faire is centered on the benefit of the investor but not the employees. It encourages manipulation of the workers as long as they fulfill the demands of the employer. An incompetent worker is automa tically dismissed. However, with the coming of the regulations, these freedoms are curtailed. The freedom of information means that the workers are no longer regulated. Access to information means that the workers are fully aware of their rights. They are therefore empowered to fight for their rights. On the other hand, the employersââ¬â¢ hands are tied as the labour regulations allow for such. Therefore, the employer ceases becoming the top-most authority, as is the case in laissez-faire. The employer also cannot fire the workers at will since that would be a breach of contract and the employer can be arraigned in court for that. Through these regulations, the employer loses the much control that is availed by the laissez-faire system. The UK Department for Business Innovation and Skills (BIS) has also formulated policies that are aimed at bringing a balanced and sustainable growth. On the face of it, this may seem like a great idea, but not in the eyes of investors who believe in the Laissez faire. Under these policies are some policy areas of interest. According to the BIS, these areas include business law, better regulation, consumer issues and business sectors among others. These are the key areas that threaten the continuity and functionality of the laissez faire system. Of greatest impact is the business law. This law is divided into segments which dictate how various functions in a business entity should be carried out. This alone inhibits the freedom of investors. Furthermore, these regulations call for corporate governance. This comes in line with the corporate social responsibility.
Friday, October 4, 2019
Business strategy Assignment Example | Topics and Well Written Essays - 1000 words
Business strategy - Assignment Example Indian restaurant owners would already have a solid customer base from which to work from, and there is also the possibility of picking up some other ethnicities too. Cheap Indian food could be offered by encouraging Indian to be spoken within the restaurant, thus attracting the target market. c) The video rental firm market segment is not as attractive as it used to be. This is because more and more young people are using other means to watch their favorite movies. This type of business could possibly work if it was attached to some other kind of product, most likely televisions or DVD players. Special promotions could even be used to encourage people to rent a video along with another kind of purchase. 2) I do not agree that the appropriate positioning is obvious once you have identified the right segment. This is because once the right segment has been discovered further research must be done to narrow down the target customer market. This could be done through surveys of focus groups. Also, the market is always evolving and changing, so it is impossible to automatically know where to position a product in the market. 3) An organizationââ¬â¢s competitive stance is the segment of the target market that a company chooses to pursue: low-cost supplier, differentiation, or niche marketing. The functional strategy of marketing activity depends on what the competitive stance is. For example, a company that chooses a low-cost strategy must produce its products for as cheaply as possible in order to offer low prices. Also, this company would need to produce far more products than its competitors in order to make any kind of profit. In a well-designed strategy, an organizationââ¬â¢s competitive stance and marketing activity can work well together as long as when one changes, the other one changes to reflect that change. 6) Apple has a competitive advantage over its competitors
Thursday, October 3, 2019
What is Art for Me Essay Example for Free
What is Art for Me Essay Art is everywhere. It can be tangible or intangible. It can be seen, sometimes heard. It has several forms. Also, there are several ways on how a person can be pleased about a piece of art. One of the things I have learned from this course, HUM 1, is that art in its simplest form is still art. Yes, people may see things differently but there will always be something that will suit our taste. Art surpasses the view of what can be seen and at times, it values beauty over functionality. Art can truly be judged by you, the individual, as far as you, yourself, are concerned, by only one measure. It is not a static but an energy measure. Do not ask what the art is or ought to be, for this is debatable and will inevitably lead to an endless argument. Ask only what it does ââ¬â not what it does to somebody else, for this again is only hearsay, but what it does to you. No matter how good a painting may be by any and all theoretical aesthetic standards, if it does not do something special to you, then you will seemingly be uninterested about it. Now, letââ¬â¢s take a look at art and the technological advancements our world is bringing forth. When you think deeper, youââ¬â¢ll get to realize both the good and bad sides. The good thing about it is that art joins the flow of evolution and thus it is not outdated. A bad thing is that there are a lot of masterpieces that are wrongly claimed by people who are not the artist to be credited for. Well, obviously, art is something that is timeless. It develops and further develops. The way art is becoming is art itself. It is vital to appreciate art critically but with an open mind, because there are still patterns that are important to follow when we want to discover what it is made of or why was it created. Everything depends on the significance or the meaning the artist wants to give and the impact that he wants to give to the spectators. They might start with different things in mind but when a connection between them is established, rest assured that theyââ¬â¢ll both understand what the artworkââ¬â¢s story really is.
Efficiency of the Anti-HPV Vaccination Campaign
Efficiency of the Anti-HPV Vaccination Campaign Was the anti HPV vaccination campaign sufficiently organized? Abstract The fight against cervical cancer through vaccination and screening brings an important long-term benefit in controlling and decreasing this type of cancer. The purposes and objectives of the research were followed by a questionnaire composed of 6 questions that follows the awareness on primary prevention through vaccination of cervical cancer, of 484 parents whose children were recommended to get vaccinations. The results highlighted that although people did not know the benefits, contraindications, possible adverse reactions, and also the international use of the vaccine in a big number, they participated in taking a decision about vaccination of their own children anyway. The faulty organisation of these campaigns bring prejudicial actions of the vaccination campaigns, generally by forcing people to take decisions without the adequate information. Introduction The increased incidence of the neoplastic disorder occurrences, the high rate of their complications, their medical-surgical emergency appearance that they have and last but not least , the high cost of the treatment and the likelihood of recurrence that are aspects that highlight the medical world. Therefore, in recent years, efforts have been directed towards determining the precise pathogenesis, detection of the risk factors and the application of effective methods of prevention[1-4]. There are two elements of the application of effective prophylaxis against cervical cancer screening, through early identification of dysplastic changes and vaccination, which together lead to a cumulative reduction in the risk of cervical cancer up to 94%, fact that is calculated on advanced mathematical models . [5] The fight against cervical cancer has an advantage represented by the discovery and involvement in the etiology of this type of cancer: Human papilloma virus infection (HPV). The knowle dge of one of the etiological factors of this condition can lead us to implement an effective prevention strategy that brings significant long-term benefits in controlling and decreasing number of cases of cervical cancer. Because vaccination actions need to have a significant impact on the population, it is necessary to fulfil two conditions: first, vaccination should include a larger number of people and secondary, the existence of a competent immune system in people vaccinated, enabling the production of a effective titer of antibodies anti HPV.[6,7]. At the same time, the success of a vaccination campaign can be reflected in the number of people who approved the vaccination and is even more successful if there was a full and proper public information about the importance of this medical act that is performed.[8] The purpose and objectives of the research The research is aimed to evaluate the level of awareness of primary prevention by vaccinating for cervical cancer of people, that, at a certain point, were put in position to take a decision for administering it to their children or not. Material and Methods To accomplish this work, we developed a number of 6 questions grouped in a questionnaire, which was applied to a sample of 484 people, respectively parents of schoolgirls in grades V-IX, in January June 2010. The questionnaire was used to collect data relating to the information held by the interviewees on the primary prevention of cervical cancer vaccination. The batch included people of the city of Brasov, from General School no. 12 and from Nicolae Titulescu High School, but also from the rural areas from the General School of H̉̉lchiu and General School of Satu Nou. The respondents were chosen randomly, every third person being selected from the ones that attended the parent meetings of those years. At the beginning of the meeting, people were instructed on how to properly complete the questionnaire. Initially 492 questionnaires were completed, of which we selected 484, 8 of them being excluded for various reasons (incomplete, unclear, unlysed). Results Characterization study group From the sample studied, 308(64%) were female and 176(36%) remaining were males, as shown in Figure 1. Figure 1. STRUCTURE OF THE ANALYSED GROUP BY GENDER The average age of the group is 45 years, with minimum 30 years and maximum of 60 years. Framing parents in the age groups mentioned in the questionnaire can be viewed in Figure 2. Figure 2. STRUCTURE OF THE ANALYSED GROUP BY AGE Most parents of students in classes V to IX have elementary education, respectively 310 of them, and only one third have completed high school. The remaining 16 have a university degree. Graphical format depending on education level is found in Figure 3. Figure 3. STRUCTURE OF THE ANALYSED GROUP BASED ON THE EDUCATION LEVEL Of the 484 people surveyed, 246(51%) of them are from urban areas and 238(49%) in rural areas, aspect illustrated in Figure 4 Figure 4. STRUCTURE OF THE ANALYSED GROUP BASED ON THE DOMICILE The results of the completed questionnaire In taking a decision, it is extremely important to understand the action and the purpose of the action, so the answers on this issue in the perspective of parents are shown in Table 1 and Figure 5 Table 1. THE GOALS OF VACCINATION IN THE PERSPECTIVE OF PARENTS Regarding the awareness of the parents about the international use of the vaccine, 291(60,1%) of the respondents were not informed about it and 3(0,6%) parents have failed to respond to results, results found in Figure 6. Figure 6. THE AWARENESS OF THE PARENTS ABOUT INTERNATIONAL USE OF THE VACCINE Regarding the knowledge of the benefits of vaccination of the parents surveyed 148(30,5%) responded affirmative, 321(66,3%) negative and 15(3,2%) gave no response, these issues are exposed in Figure 7. Figure 7. KNOWLEDGE OF THE BENEFITS OF VACCINATION Contraindications and adverse reactions following vaccination, after evaluating the results of the questionnaire were listed as respondents as: unknown by 392(81%), known by 89(18%), and three parents(1%) who avoided to respond as shown in Figure 8. Figure 8. KNOWLEDGE OF CONTRAINDICATIONS AND ADVERSE REACTIONS A further question is aimed to outline a personal assessment on the perception of the level of knowledge on the subject of the anti-HPV vaccination. Most people surveyed, precisely 412 parents(85%) admitted that they do not have enough information to take a decision on HPV vaccination, 72(15%) felt they possess the necessary knowledge as shown in Figure 9. Figure 9. THE LEVEL OF KNOWLEDGE ON THE SUBJECT OF THE ANTI-HPV VACCINATION The last question was aimed at identifying the number of respondents who would recommend carrying out the vaccination of their children. 256(53%) of the respondents refused vaccination, while 222(46%) took part in the vaccination campaign, 6(1%) of them abstained or failed to respond, aspect illustrated in Figure 10. Figure 10. THE INTENTION OF CARRYING OUT THE VACCINATION OF THEIR CHILDREN Discussions The evaluation of the responses of the parents of the schoolgirls classes V to IX have highlighted a clear disparity between the quantity and quality of information held by them in respect of the anti-HPV vaccine and the decision, often unfavourable to participate in the vaccination campaign. The lot that was questioned consisted predominantly of women (64%), the average age of the group is 45 years, half residing in rural areas and half in urban areas. The aim of vaccination was found to protect against a deadly disease and vaccine testing in a proportion of 42% and 46%, which reveals from the beginning that the true objective of performing a vaccination campaign, namely the protection of persons target is unknown by the public. Moreover, for the respondent it is unknown that before marketing a vaccine and releasing it to the general public, there are carried out numerous clinical studies beforehand, whose results support or on contrary, they preclude the type of vaccine widely targeted populations for whom it is addressed. To not neglect the view of 10% of the respondents consider that it is strictly a business of the Ministry of Health. The fact that the vaccine is already used internationally is only known by 39% of its respondents. Knowing this was a beneficial aspect by example, illustrating the fact that other countries administers this vaccine for several years. The knowledge of the characteristics of a vaccine and related benefits, contraindications and / or possible side effects associated with vaccination could cause people to whom it is addressed pertinent to make a decision in favour of or against its implementation. The group to whom questions were addressed regarding this issue, has shown that up to 66% did not know the beneficial aspects of implementation of the vaccine and 81% were not informed of any contraindications and side effects that may occur. The questions were intended to highlight if the population that was asked to take a decision to consider vaccination that is sufficiently informed or not. 84% of respondents admit they do not have sufficient arguments for or against vaccinations. The last question was aimed to highlight the proportion of people who recommend vaccinating their own children in the context of knowing more or less the vaccination aspects. Interpretation of the results highlighted that 53% of the people do not wish to participate in the campaign. Conclusion In general, the aspects of vaccination are little known and this is more clear in the context of a fast ongoing campaign with lack of adequate information by any means (media, fliers, specialists). The group surveyed demonstrated that although they did not know the benefits, contraindications, adverse reactions possible, the international use of the vaccine, in a big proportion , they participated in taking a decision about immunizing their children. The success of such campaigns are ensured only through a rigorous organization involving all those entitled (specialists, family physicians, media) that provide pertinent information related to all aspects associated to the medical vaccination so that the decisions (positive or negative) are being acknowledged. In the opposite event it is a guaranteed failure, parents are forced to take important decisions about the future health of their children, without having minimum knowledge related to vaccination. Paradoxically, the majority of th e parents surveyed refused vaccination, although they acknowledged that their decision is not based on medical reasons. A organisation like this one may have faulty remote effects and in time to see an increase that is more accentuated (because it is already manifesting) and the refusal of vaccinations in general.
Wednesday, October 2, 2019
My Vacation to China Essays -- Summer Vacation Essays
While vacationing in China last summer I had the opportunity to visit "The Great Wall". Combined with its technological feat and awesome presence the "Great Wall" could easy be one of mans' most remarkable accomplishments. With its design and texture that stretch for miles it can be an overwhelming experience. Construction of the Great Wall started in the seventh century B.C, it joined the walls to hold off the invaders from the Xiongnu tribes in the north and extended them to more than 5,000 kilometers. Even many miles away from the Great Wall, one could already see the outline of the wall stretching out forever. Standing near the Great Wall I notice the cold stale air. It was hard to breathe and I had to constantly cough to keep my throat clear. Visiting this huge wall of block in the morning can be an unforgettable experience. The ground was muddy because it rained non-stop the previous day. Climbing up the stairways that leads up the "Great Wall", I could hear all different languages spoken by the people who were in attendance. On top looking down sideways the wall seems t...
Tuesday, October 1, 2019
Robert Frost Essay -- essays research papers
Robert Lee Frost was born in San Francisco on March 26, 1874 and died in Boston on January 29, 1963. Frost was considered to be one of Americaââ¬â¢s leading 20th century poets and a four-time winner of the Pulitzer Prize. He was an essentially pastoral poet who was often associated with rural New England. Frost wrote poems of a philosophical region. His poems were traditional but he often said as a dig at his archrival Carl Sandburg, that ââ¬Å"he would soon play tennis without a net as write free verse.â⬠Frost said this because he believed he was a pioneer of rhythm and meter and in the poetic use of vocabulary and inflections of everyday life and speech. Frostââ¬â¢s poetry is considered to be traditional, experimental, regional, and universal (Robert 1997). à à à à à Frost was born of two teachers. At the age of ten, Frost suffered the loss of his father. After the death of his father, his mother moved to Lawrence, Massachusetts. He grew up in a teaching atmosphere, along with its problems. Early in Frost's school career, he was extremely careless and preferred fun and game to his studies. In high school, he decided to apply and involve himself in many areas. He graduated in three years from high school at the head of his class. After high school he attended Dartmouth and Harvard but ended up not finishing at either due to personal problems (Newdick). à à à à à He was destined to be a teacher. Frost after not making it in college, went to teach at his mother's school in Salem, New Hampshire. In 1912 he went to England to be with his family, and in his publication of North of Boston, in 1914, he was finally hailed as the great artist that he truly was. After he returned to America in 1915, he went to Harvard and read a poem for some exercises, and was instantly honored by institutions of higher learning by their conferring degrees on him (Biography). à à à à à Throughout Frost's 60 years of existence, he spent 30 of those years teaching a half a dozen subjects. He has taught in schools ranging from plain white country schoolhouses in his native land of New England to the proud American Universities. He has gained half a lifetime of considered experience and philosophical observations (Libraries). In the critical analysis that I read, the critics were hard on Frostââ¬â¢s work ââ¬Å"Road not taken.â⬠The first critic, William George, starts off by attacking other critics, saying they misin... ... with right or wrong situations, and the speaker has to choose which road, or decision, to take. I like to think that I can somewhat relate to the speaker. I have had to make many choices throughout my life and I will never know whether my choices were right or wrong until I made them. The speaker kind of concludes the poem by saying that he is relieved that he chose the right road to take. I look back and wonder if I had chosen a few different roads, how everything would have come out. I think that a lot of the roads I chose to take have been good, as far as I know. Work Cited ââ¬Å"Biographyâ⬠www.pro-net.co.uk/home/catalyst/RF/bio.html. 2000. Cervo, Nathan "Frost's The Road Not Taken" Proquest March 27. George, William "Frost's The Road Not Taken" Proquest March 27. "Libraries/media centers: Robert Frost Elementary school." American school and University; Overland Park; Aug 1999. Newdick, Robert S. "Robert Frost and the American college." The Journal of Higher Education; Columbus; Sep./Oct. 1999. ââ¬Å"Robert Frost on the Webâ⬠http://www.amherstcommon.com/walking_tour/frost.html.1997. ââ¬Å"Robert Frost (1874-1963)â⬠http://www.lit.kobe-u.ac.jp/~hishika/frost.htm 2000.
Innovation Prowess Leadership Strategies for Accelerating Growth Essay
Innovation management Introduction à à à à à à à à à à à Innovative management is a strategy in which a company manager utilizes all the available resources and develops a working community where ingenuity and innovativeness work together with practicality in order to formulate reforms. Todayââ¬â¢s fast changing business environment calls for innovation management which will help companies to achieve their long term objectives. Innovation management will help companies to maintain competitive advantage. Long term sustainability of a company may be determined by its ability to expertly direct innovation assets to address a swiftly changing economic and market setting. Innovation management includes the activities, decisions and practices that propel an opinion to realization for the rationale of breeding business worth. This paper is about software development by Samsung Company. The Company has come up with an advanced wireless disk drive that is the champion in the Google industry (Day, 2013 ). à à à à à à à à à à à Samsung unlike Apple reveal good consumerist skills in the course of innovativeness. The Company usually manufactures differentiated products that ensure that consumers choose from variety of Samsung devices. For example, Samsung products are of high quality with OS and software thus thriving well especially in OS and android market. Samsung have advanced strategic capacity which enable them hang about as the greatest threat to Apple. For example, their marketing strategies are outstanding. They augmented their cost of advertisement from $78 million to $401 million. In addition Samsung association capability is first-class. They exceedingly believe in providing people with opportunities to excel. They slot in the five hub values in every action taken which enable them to prosper. They are dedicated in ensuring that they are socially and environmentally liable wherever they are operating from (Michell, 2010). à à à à à à à à à à à Innovation management is very important owing to the fact that Samsung Company have to work under tight budget and the increased demand from the customer who prefer high quality products and services at affordable prices. Innovation management emphasizes on production of new technologies, products and services. Samsung is also known as the giant electronic maker, it is planning to launch the advanced wireless disk drive to the android users. The advanced disk drive Crystal Disk Mark chronological read and writes scores of 300MB/sec and 250MB/sec are around three times as fast as the swiftest hard disks from any other company and the diskââ¬â¢s LaCieââ¬â¢s small-file scores are excellent: its 300KB and 250MB/sec write and read results of 700MB/sec places the advanced disk drive at the front line. The advanced disk drive is expected to be more durable as compared to other disks. Durability is more important than speed and capacity. Ide ntifying and implementing investments repetitively and effectively make up the vital purpose of innovation management. Various decisions that are prepared in Samsung Company affect the succession and eventual success of superior ideas. New innovative ideas must be aimed at solving an existing business problem or growing an opportunity (Ernst, 2007). à à à à à à à à à à à Successful innovation management in Samsung Company follows the following guidelines; first, whether the potential innovation is aligned with the companyââ¬â¢s strategy. Second, how the proposed change will add value to the customer. That is how the advanced wireless disk drive will add value to the customer, the third guideline is the amount of investment that is required and whether the investment will generate good returns. Whether the advanced disk drive will attract more customers? Forth, the possible impact of innovation to the current business and whether it would affect the existing returns. Also, the time frame for the effect to be realized and the impact to the business, how the innovation will alter or disrupt current markets; whether the new idea will generate additional revenue or reduces operating costs, the other guideline is how the latest innovations improve existing or build up new obstacles to competition and finally whether there is an effortless access to the competencies required to apprehend the new idea. à à à à à à à à à à à The new strategy that Samsung Company should slip in when launching the advanced wireless disk drive is pricing strategy. They should employ customer-based pricing. Samsung Company is well-known for hasty production of differentiated products thus penetration pricing will work best. The purpose of penetration pricing is to enlarge market share of the product. Samsung Company by the use of penetration pricing will be able to raise prices once they penetrate the market. The new strategy will draw many customers to buy the wireless disk drive and other products. The long term gain is that Samsung will accomplish a higher market share as compared to other rivalry companies in the industry. Samsung products are somewhat differentiated and owing to price inelasticity of demand in the market; this new strategy will work best for Samsung. This will be a very competitive tool for Samsung as they launch the advanced wireless disk drive and other inn ovative products. Retrieved from http://www.samsung.com/africa_en/aboutsamsung/Samsung Company is conversant that innovation management requires an innovation framework that will enable effective and repetitive change which will increase the capacity of the company to generate high quality goods and services. Innovation encourages the need for rapid change and rejuvenation, potentially affecting all sectors of a company. Samsung does not engage its workers in long working hours like Apple and Google since they believe in innovativeness. Transform is usually opposed which calls for necessary rewards and incentives to endorse the required innovation. The weekly meetings and workshop with the team of 8 members will be very significant since it will help me to diagnose the hindrances to innovation in the company (ArguÃÅ'Ãâ den, 2011). à à à à à à à à à à à The workshop and meetings will be exceptionally useful in understanding how verified framework to make the company more inventive. The workshop and weekly meetings will help us to find out examples of appropriate practice in innovation management and compose an action plan that will boost the innovation performance of the company. The other chief benefits of holding weekly meetings and workshops in Samsung Company include; gain awareness of how to develop excellent ideas that focus on adding value to the customer. For example, Samsung is planning to launch the advanced wireless disk drive and other products such as Galaxy S4 and Galaxy S5. Samsung operates under the philosophy of ââ¬Ëpeople first.ââ¬â¢ Second, help to gain self-assurance to manage the companyââ¬â¢s assortment and shield the most innovative ideas. Third, help people to gain capacity to borrow ideas from chief management team for the companyââ¬â¢s innovation acti on plan. Third, help individuals to gain ability to endorse an organizational culture that embraces creativity and innovativeness. It also helps to increase the alertness of apposite application of strategies so as to improve company presentation. Finally, help to build up confidence to communicate about the need for innovation and how to achieve it (Chang, 2008). à à à à à à à à à à à The new idea of advanced wireless disk drive must offer competitive advantage to attract new clients, maintain existing clients and cut-down the production cost with an aim of maximizing profits. Innovation is not hard but it is a complex process which involves change. Change on the other hand necessitates learning. High improbability and likelihood makes innovation management very complex, since it calls for the learning speculation to be concentrated on the areas of alteration that represent the highest possibility or uncertainty for gradual sustainability and intensification of the company. For more than 70 years, Samsung has focused on advancing the world through diversification that has led to advanced technology fashion, skyscraper, hotels, medicine, petrochemicals, semiconductors, finance and plant construction. Samsung Electronics lead takes the top position in the global market in high-tech digital media and electronic manufacturi ng. Through innovative, reliable services and products, talented personnel, collaboration with customers and other stakeholders, and responsible approach to business and global citizenship, Samsung is moving the world in imaginative new commands (Bessant, 2009). à à à à à à à à à à à There are several external and internal triggers facing Samsung Company; however, there are many potential solutions to these problems. Three pillars of innovation must also be considered in development of innovation framework. These pillars include strategy, competency and management. Innovative competency of the company will depend on the set of capabilities and the history. Samsung main objective is making a better world through innovation. Powerful framework is based on commitment and competence which will help the company to propel forward. As the company manager it is vital to come up with strategies in the resource allocation. The strategies will also be significant in improving the existing processes and products, finding adjacencies and discovering totally new markets. A competent firm is required to manage its innovation in an appropriate manner. Samsung have to be hasty in its production so that it can cope with competition from Apple and Google. People everywhere, regardless of their earnings; desire to use superior and innovative products. Thus Samsung Company has to come up with strategies to make their products more affordable to the customers. People have different tastes, budgets, preferences and lifestyles. Through provision of innovative products that offer value for money, the company will meet different needs of the clients all over (Ghemawat et al, 2011). à à à à à à à à à à à The diversification strategy should focus on ensuring that the new product gives the customers confidence that the product will deliver on its promise so that they feel their money is spent appropriately. Improving brand quality will make business sense and enhance the companyââ¬â¢s capacity to improve the lives of the low-income customers. The Samsung Company has the necessary resources, skills and the will to produce high-quality products at a lower price which meet the customerââ¬â¢s demands. Samsung Company must to come up with innovative strategies such as diversification strategy since the competitors are not willing to move back from breakthrough designs, very responsive and mass customizing variety strategies among other strategies that enhance production of superior products (Kenny, 2009). à à à à à à à à à à à The innovation team will be of great importance since they will help in generation of a set of innovation activities which amalgamates the activity into a regular cycle of running the company. The following phases in innovation management will assist Samsung to amalgamate the set of innovation activities in order to realize a fruitful end (Trauffler et al, 2007). à à à à à à à à à à à They include: Setting the objectives for the process à à à à à à à à à à à Innovation is all about change and starts with a goal in mind. The major problem is developing a strategy that will ensure provision of quality products at affordable prices which will attract more customers as well as retaining the existing customers. The team of innovation management has come up with diversification strategy that solves this predicament. Once the goal is identified, it will be discussed by all the members in the problem solving team. I am the leader of the team being in charge of other 8 members. These individuals are professional functional areas. The team will have weekly meetings and workshops where they will provide feedback and suggestions regarding their personal experience with the companyââ¬â¢s product and services. I will be the leader of the team and I will oversee all the parts of the process from the beginning to the end (Hill, 2012). Cooperation à à à à à à à à à à à As an innovation team in Samsung Company we will work together so that rather than raising separate ideas, we can amalgamate them and develop a collaborative solution. This will be achieved through the weekly meetings and workshops. I have great experience as a manager in the company thus there is no need of hiring a trained business coach to facilitate the discussions. In addition, the prosperity of Samsung Company can be attributed to the uphill struggle and proficiency of its employees, whose mutual efforts boost the companyââ¬â¢s competitive advantage and speed up innovation. It is also doubtless that the previous success would have been impractical without the intense interest and packed support from all stakeholders. Retrieved from http://www.samsung.com/us/aboutsamsung/ Combination of ideas à à à à à à à à à à à The team highlights the ideas, and then they select the most suitable ones and then evaluate to see whether they can be combined to come up with an excellent idea. In deed, bold ideas will be complementary to each other and will combine to a better result. The whole result is likely to intensify with every member contributing to the process. The success of this combined ideas require representative from every stakeholder in the process. This is because these stakeholders are experts and have crucial information that individuals from other departments could not raise. As the team leader I will ensure that every angle of innovative process is covered. The business idea is to develop an advanced wireless disk drive. Evaluation of Innovation à à à à à à à à à à à This is a very crucial aspect of innovation management; however, it is usually ignored. When the most suitable ideas are fine-tuned, combined, and polished they should be subjected to peer review for evaluation. This will ensure the efficacy of the idea of advanced wireless disk drive. Deprived ideas will be identified in the evaluation stage before Samsung commits its funds, time and resources to them. Evaluation stage will also help the team to select idea with great potential from the other ideas that seem to have equal chances of success. This is the stage where the innovation team can alter the strategy of innovation with a lot of ease as compared to later stages. The stages after evaluation stage are more costly and thus require a lot of caution. The advanced wireless disk drive will enable customers to; access their Media Wirelessly, stream media wirelessly to Tablets or Smartphones among others, customers can also stream to up to 4 diverse devices concurrently, the drive also can operate the disk drive as a moveable DVD Writer and finally the wireless disk drive can as well be paired with Samsung Smart TV. The advanced disk drive is the quickest of all other wireless disk drives. Testing the ideas à à à à à à à à à à à Once the innovation team identifies the potential idea, in this case developing an advanced wireless disk drive, they will test it so that they can identify the weak areas that require development. One of the most common method of testing service delivery or product quality is creation of test group. This will enable the innovation team, the customers, and the investors to familiarize with the new product in terms of its functioning and the necessary changes to be made to improve the product. The strategy is to ensure that the product raise interest as well as generating more orders. Customers will get interested to the high-quality products such that they will order more products from the company. Execution of the innovation implementation à à à à à à à à à à à If the idea of advanced wireless disk drive passes through the testing process, it can be further modified and changed until it is ready to be implemented as a component of the company offerings. The execution of implementation is unique for every business. Unless the idea of advanced wireless disk drive calls for alteration of marketing strategies, then this step for innovation management process should be basic for the company. It will be effortless for Samsung Company to move from testing of the product to the execution if the new product were able to create interest and generate orders in the testing stage (Zacharias, 2011). Assessment of Innovation Life-cycle à à à à à à à à à à à This is the step that follows after the execution of the business idea. Implementation should be closely monitored and assessed regarding the targets to be set. If the target is unattainable, the idea will be turned down calling for developments. Customer is always considered in the execution stage, the team will design measuring systems which can measure the value added to the customer through application of new strategies. Samsung work under the philosophy of ââ¬Ëpeople first.ââ¬â¢ à à à à à à à à à à à The next step after assessment is starting again, identify new strategies, solutions and inspirations and taking them through the cycle until the company come up with appropriate strategies that ensure value is added to the customers. Over the last two decades, Samsung Electronics utilized a series of turn around strategies that basically altered the approach of managing Samsung Company. The employees will be forced to learn from the new speed. Creativity calls for speed in the processes, inventory turns, functions, data access and market response. The style of management which includes control and command is obsolete and the modern way of business success is accommodating new technologies as well as open leadership styles where leaders consider other peopleââ¬â¢s opinions. The innovation team has to determine how the problem is defined in order to come up with appropriate strategy. For example, Samsung identified the problem associated to access of media. They decide to solve the problem by developing an advanced wireless disk drive where people can stream at ease. This will help the company to develop and raise ideas based on the need and how to improve the brand while maintaining low prices. Capacity to come up with new ideas should be one of the most crucial priorities in an organization. Retrieved from http://www.samsung.com/us/aboutsamsung/ à à à à à à à à à à à Innovation process will also include the Samsungââ¬â¢s internal and external elements. The team of innovation includes eight members who are company employees, customers and other stakeholders in the company. The innovation process will consider the following: Industry and cultural context. à à à à à à à à à à à This refers to the environment and culture existing in Samsung Company. Samsung Company main objective is to produce first-rated product and services. The company officials also are very considerate since they respect other peopleââ¬â¢s opinions. This cultural background has greatly contributed to the expansion of the company since the employees have learnt to work under minimum supervision. The relationship between employees and the supervisors is excellent. The company is also deeply concerned with the future path of the employees and thus provides mentoring, training and essential coursework as well as coaching them. The company is also concerned about the employeeââ¬â¢s social life and thus offers flexibility in schedules (Michell, 2010). à à à à à à à à à à à Employeeââ¬â¢s opinions are also taken seriously so as to involve them in decision making. Decision making is very important and everyone should be involved since decision made will affect every individual related to the company operations. This employee relationship enhances engagement thus workers are motivated and thus will be crucial to companyââ¬â¢s performance. Samsung Company recognizes that a company is its people, thus they operate under the value of integrity. Operations in Samsung are guided by moral values which ensure respect, complete transparency, fairness, for all employees as well as stakeholders (Mellor, 2003). Organizational context à à à à à à à à à à à Samsungââ¬â¢s structure is very distinct because although there are representatives in every sector; respect remain paramount in the company. Employees respect their bosses and works under minimum supervision. Moral ethics is fundamental principle in Samsung Company. Samsung Company believes in use technology and innovation instead of control and command. The main goal is to be the best company in product and service. Customer satisfaction is the main objective since Samsung seeks to produce high-quality products while maintaining low prices. Company culture is very crucial since it can shape or break down the company. Samsung operates under team-based culture where employees participate on all levels. Samsung Companyââ¬â¢s culture is adaptive and hence has enabled Samsung to outshine its competitors (Haig, 2004). à à à à à à à à à à à Adaptive culture accommodates change which is very essential for innovation management. It is very imperative for Samsung Company to understand its culture since it will learn to shape it according to their wish. The companyââ¬â¢s culture has experienced changes due to hiring and replacement of employees. New employees bring new values and practices to the companyââ¬â¢s culture. Thus it is vital to access the company culture by listening to comments from suppliers, customers and the employees. The common behaviors and noticeable symbols comprise the company culture. The team should also determine the desired company culture before any change is implemented. Samsung innovation team must find out the appropriate culture that suit the company in its desired future situation. The team will also review the companyââ¬â¢s mission, values and vision to ensure that the culture being designed will support them effectively. Samsung Company c ulture is aligned to its strategic goal (Krug, 2009). à à à à à à à à à à à Aligning company culture to the strategic goals includes; developing a strategy that endorses the good things in the current culture and correcting the unaligned sectors, the team should brainstorm developments in the formal laws and daily duties, the team should develop strategic plan of the desired behaviors and actions, the innovation team should communicate the recent culture to all employees, and finally the innovation team should also over-communicate the recent culture and its practices to every individual. Strategic model of innovation à à à à à à à à à à à Samsung electronic main focus is strategic innovation endeavors on product improvement which are usually addition and convey diminutive new significance. Though the aim might be to improve the brand quality it is also good to consider company culture, resources and network. Samsung can avoid diminishing returns from increased competition by creating a new model for the product. The more the innovation team will succeed in advancement of unique features in their production, product and marketing the more the innovation will be. Samsung uses four main areas to come up with a successful new business model of innovation for secure competitive advantage. à à à à à à à à à à à The first chief area is the core strategy which implies how the company will compete. The innovation team will develop core strategy such that it includes the company mission with key objectives such as strategic intent and value proposition. The company can use the strength of the current strategy or consider generating a new one. The core strategy should focus on competitive markets, defining the environment, customers and segment. A strategic core strategy is different from that of the competing firms and builds on the companyââ¬â¢s features and strengths. Samsung Launch of advanced wireless disk drive is a significant step that enables customers to enjoy the quickest wireless streaming from SMART hub. Retrieved from http://www.macworld.com/article/1162103/samsung_announces_new_optical_drive_with_wi_fi_connectivity.html à à à à à à à à à à à The innovation team will also focus on strategic resources. Samsung will also highlight the areas that require reorganization and improvement of the existing staff. The team should understand the companyââ¬â¢s patents, brands and infrastructure. The company resources are expensive to imitate as they are associated to high cost and thus scare off competing firms. The company should use its strengths to improve competition. à à à à à à à à à à à Customer interface is the other key factor to consider, where Samsung considers the market and the existing competition. Samsung should identify the type of service, channels and support involved or that it controls with the available one so that they can add value to the product. Samsung innovation team should also use its clientââ¬â¢s insight and use every opportunity to improve market understanding and how the market understands the company. Understanding the information requirements of chief customers and their dynamic interaction with the product or company is very important in strategic innovation. Pricing strategies might also be considered since the new product might alter the companyââ¬â¢s practices (Michell, 2010). à à à à à à à à à à à Value network is another crucial factor to take into consideration. Samsung should consider the value network from the top to bottom of the value chain. The company stabilizes when it attract more finances and better partnership as compared to its competitors. The rapport between company and its suppliers influence opportunities for faster changes, price and quality of a product. The partners of the company can supply critical solutions and mechanism to the product, or create synergies or symmetries to augment sale. If Samsung innovation costs are projected to be high, the innovation team can consider a coalition even with the competing firm to enhance radical change in the market. The framework of meta-innovation is very important strategy to apply since it challenges the firms to think beyond product quality, markets and processes. Innovation does not necessarily have to be a high cost, but it should be an appropriate idea (Chang, 2008). 4. Knowledge deployment à à à à à à à à à à à Samsung is committed to inspire people across the world by developing innovative products, new technologies and creative solutions. Samsung is changing rapidly to cope with the changing world. The company is relentless in innovation and pursuit of discovery thus creating possibilities. The launch of the wireless disk drive among other excellent products has enabled Samsung to be a world-class company. Samsung innovation has enabled advancement in technology, skyscraper, medicine, semiconductors, hotels, plant construction, finance and petrochemical among other significant application that help to push industries forward. Through creation of superior product and services, Samsung struggle to augment the lives of people across the world and ensuring positive change to the world. Samsung believe in power to connect people to what they are today with what they aspire to be in future. Samsung Company is the leader in high-tech digital products such as LCD and color television, EMS micro chip and mobile phones (Michell, 2010). 5. Methods of collaboration à à à à à à à à à à à Samsung has taken full advantage as a latecomer and outshined various leading companies by employing a powerful engineering of core technology. Samsung does not engage its workers in long working hours, but it believes in innovation management. Samsung work under the philosophy of ââ¬Ëpeople firstââ¬â¢ thus they are able to develop products that attract more customers. For example, the wireless disk drive is a very advanced tool that will enable customers to enjoy wireless streaming among other uses. Samsung has never thought of quitting transformation and innovation. History reveals how, Kun-Hee Lee, Samsung chairman is excellent in deciding and forecasting. Samsung is also able to be the world leading company because of continuous development and investment. Samsung also changed from massive imitational production to independent product development based on digital technology. Samsung endeavors to make an integrated world through g lobal citizenship and responsible approach to business as well as collaboration with their customers and stakeholders (Krug, 2009). 6. Protecting innovation à à à à à à à à à à à This paper explains how Samsung internalization in China helps it secure a competitive advantage. Samsung has three lasting forces namely promotion force, force of internal motivation and organization force. Promotion force is the company and entrepreneurship culture which control strategic decision making and approach of development of a company and determine the character of a company. Force of internal motivation is the capacity in engineering of key technology and its application which forms Samsungââ¬â¢s competence. Organizational force is under scientific management which enables Samsung to execute its strategy. Samsung company management involves innovation in reducing transaction cost as well as innovation in utilizing capital. Retrieved from http://www.samsung.com/us/aboutsamsung/ 7. Managing risks: failure and imitation à à à à à à à à à à à Diversification is the key strategy that enables Samsung to cope with risk and uncertainty. Samsung philosophy is ââ¬Ëpeople firstââ¬â¢ which enable them to develop products that align with customerââ¬â¢s needs. Samsung chairman is also excellent in forecasting and deciding power which has greatly helped the company to develop products that attract more customers. Samsung success is not measured in terms of achievement, but how they have improved the lives of the people. Samsung also manage risks by changing rapidly to cope with the changing world. Samsung is a leading company in production of high-tech digital products which are unique. For example, the launching of wireless disk drive is a significant step where customers will be attracted by the drive unique characteristics. Samsung strive to make a better world through innovation, trustworthy goods and services. Samsung utilizes diversification which helps it to produce differ entiated products ranging from LCD and color television, smart phones and EMS memory chip. Customers are able to choose from variety of Samsung products which place the company at a competitive advantage. Samsung also utilizes cost-benefit analysis which helps the company to manage risks and uncertainty. Samsung measure the efficacy of a strategy by testing the ideas mainly through insights from customers, employees or other stakeholders (Kenny, 2009). 8. Commercialization à à à à à à à à à à à Samsung products are widely used across the world. Samsung has enhanced the growth of many businesses that use their high-tech products. Samsung strive to make the world integrated through advanced technology, finance, medicine, semiconductors, hotels skyscraper, petrochemicals, and plant construction among others. Samsung is made up of more than 78 distinct companies and joint ventures in an extensive assortment of businesses. 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An integrative approach to innovation management patterns of companiesââ¬â¢ innovation orientation and customer responses to product program innovativeness. Wiesbaden: Gabler Verlag. Source document
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