Business Management -----motivation and leadership for one of the Essay

Business Management -----motivation and leadership for one of the campany - Essay Example But McDonald’s sustained itself because of its willingness to innovate and its efforts to attain consistency in the operations of its many outlets. McDonalds business model has been largely responsible for its success. But there is no doubt that its leadership style and its endeavor to identify and develop leadership competencies has equally helped it to achieve success around the world. At McDonald’s maximizing business performance, coaching and communication, improving the performance of teams are the key leadership competencies. The leadership style is a mix of leadership styles with a mix of components of hard skills such as maximizing business performance and soft skills such as coaching and communication that are soft skills. The company is aware that leadership skills must change with changing business circumstances. Hence the management is constantly surveying the external and internal business environment to ensure that the company’s leadership style reflects the current business needs and environment. The philosophy practiced at McDonald’s is to select the most successful features of established leadership and management styles and incorporate them into their business model. This approach seems to have worked when you consider McDonald’s success around the world. The management style has aspects of various management and leadership styles amalgamated into one approach for leading and motivating the organisation. Its approach has features taken from management styles outlined by Maslow, Taylor and Herzberg and the Democratic style of leadership. McDonald’s business model is represented by the â€Å"three-legged stool†. The success of the company is because of the strong alignment forged between the Company, its employees and its franchisees that own and operate the majority of the Company’s restaurants and suppliers who provide the food and packaging. This model focuses on open relationships between the three. The company

(A)- Organisation Should have a means of classifying, ranking, and Essay

(A)- Organisation Should have a means of classifying, ranking, and selecting information systems development projects. Discuss - Essay Example Furthermore, potential benefits refers to the extent to the project is seen as improving profits, customer service and the duration of these benefits. Resource availability involves the amount and types of resources that the project needs based on their availability. Moreover, project size or duration may include the number of individuals and time required to ensure that the project is complete. Lastly, technical difficulty or risk involves the level of technical difficulty to complete and compile the project successfully as expected (‘Planning’ 2013, p.104). All these techniques when considered, the classification and ranking of the project will be successful. But â€Å"one should balance all these factors between short term, high benefits versus high savings costs† (Dubey 2011, p.52). Feasibility analysis simply refers to the viability of an idea (Katimuneetorn 2008, p.2). This study helps in previewing the potential outcomes to enable us continue or not (Katimu neetorn 2008, p.3) and some of the factors that are used to evaluate the feasibility of the proposed project are economic, technical, operational, schedule, legal and contractual, and political factors. Economic feasibility involves the economic viability of the proposed system and it involves cost-benefit analysis (Katimuneetorn 2008, p.1). All costs including fixed and variable costs and benefits such as cost savings, increased revenue or increased profit of the proposed project should be evaluated keenly (Katimuneetorn 2008, p.7). Intangible costs include hardware, software or labour costs, but intangible cots include operational inefficiency and loss of goodwill (Katimuneetorn 2008, p.7). Most projects are approved only if they cover their costs within a given period. On the contrary, some projects can be approved based on intangible benefits like those associated with the government regulations or image of the organization. In addition, technical feasibility is determined by th e possibility that the organization has in obtaining necessary resources. â€Å"Assessing technical feasibility is to evaluate whether the new system will perform adequately or whether the organization is able to construct a proposed system or not† (Katimuneetorn 2008, p.12). Technical feasibility is manifested when required hardware and software are available in the market place or can be developed within the required time. More so, operational feasibility refers to the ability, desire and willingness of the stakeholders to use, support, and operate the proposed information system and it is important to clarify whether the proposed system will solve the business problems, take advantage of the opportunities or not (Katimuneetorn 2008, p.13). Actually, these people are interested in those information systems, which are very easy to operate, accurate, produce the desired information, and fit with the organizational objectives. Furthermore, schedule feasibility involves assessi ng the duration of the project, that is, time covered for it to be completed and be useful (Katimuneetorn 2008, p.14). System analysts have to consider how long the system will take to develop and consider whether the deadlines are mandatory or compulsory (Katimuneetorn 2008, p.14). Legal feasibility shows whether the proposed system conflicts with the legal requirements or not since a project may face