Strategic Human Resource Management - 2447 Words

Assignment front sheet| Learner name| Assessor name| |Prof Jose Mathew Mattom| Date issued|Completion date|Submitted on| ||| Qualification|Unit number and title| BTEC LEVEL 7 EDSML|STRATEGIC HUMAN RESOURCE MANAGEMENT| || Assignment title|| In this assessment you will have opportunities to provide evidence against the following criteria. Indicate the page numbers where the evidence can be found.| Criteria reference|To achieve the criteria the evidence must show that the student is able to:||Task no.||Evidence| 1|Explanation of the importance of strategic human resource management in organisations||1.1||| 1|Assessment of the purpose of strategic human resource management activities in an organisation||1.2||| 1|Evaluation of†¦show more content†¦It is also the second largest provider of trains for major UK rail companies like FirstGroup. Siemens also provides lighting and electrical In energy, Siemens work issystems for major construction projects. wide-ranging. It makes systems for transmitting and distributing power for power companies including building power stations and wind farms. It also provides energy metering services, for example, water meters for In healthcare, it specialises in equipmentbusinesses and consumers. to help medical diagnosis, such as MRI scanners and imaging technology. It also provides equipment for testing blood in laboratories. IMPORTANCE OF STRATEGIC HUMAN RESOURCE MANAGEMENT IN AN ORGANISATION The benefits of proper human resource management are many. An organization cannot build a good team of working professionals without it. The key functions of the HR management team include recruiting people, training them, performance appraisals, motivating employees as well as workplace communication, workplace safety, and much more. The Recruitmentbeneficial effects of these functions are discussed here: and Training This is one of the major responsibilities of the human resource team. The HR managers come up with plans and strategies for hiring the right kind of people. They design the criteria which is best suited for a specific job description. Their other tasks related to recruitment includeShow MoreRelatedHuman Resource Management and Strategic Human Resource Management1136 Words   |  5 PagesManaging Human Resources, 3rd edn, John Wiley Sons, Milton, Qld. In chapter 1 of the text, the author shows an overview of human resource management and strategic human resource management. The author also shows the relationship between HRM and management, manager’s role meaning of strategy, strategic approach to HRM and strategic challenges. Lots of diagrams and explanations are used by the author. This chapter has contributed to my understanding of strategic human resource management by analysingRead MoreStrategic Management : Strategic Human Resource Management Essay1864 Words   |  8 Pages Unit 2 The Reyes Fitness Centers, Inc: The Strategic HR Opportunity Michael Lambert GB520 - Strategic Human Resource Management December 6, 2016 Professor Kenneth Rauch â€Æ' What is Strategic Management? Through this case study I will be discussing strategic management. Strategic management can be defined as a process where an organization attempts to determine what actions need to be taken to achieve the overallRead MoreHuman Resources : Strategic Human Resource Management Essay3571 Words   |  15 PagesStrategic Human Resource Management Assessment Introduction: The term human asset may be characterized as the aggregate Knowledge, aptitudes, inventive capacities, and abilities and in addition the qualities, demeanor, methodologies and convictions of people included in the undertakings of the association. It is whole or total of intrinsic capacities, procured information and aptitudes spoke to buy gifts and aptitudes of persons utilized in anRead MoreThe Strategic Human Resource Management1254 Words   |  6 PagesINTRODUCTION Proactive management of the employees of a company or organization. Strategic human resource management includes typical human resource components such as hiring, discipline, and payroll, and also involves working with employees in a collaborative manner to boost retention, improve the quality of the work experience, and maximize the mutual benefit of employment for both the employee and the employer. The strategic human resource management was excellent as all employees reported highRead MoreStrategic Human Resource Management1158 Words   |  5 PagesTopics in Human Resource Management Module 1 Case Study Module 1 Case: â€Å"Strategic Human Resource Management† Introduction Human resource management (HRM) has it own challenges, but management is more focus on what HR can offer their organization in the future. Looking back to the evolution of human resource field, it has followed the history of business in the United States and most western countries. HR has evolved from personal management to human resource management and from HRMRead MoreHuman Resources Management And Strategic Human Resource Management Essay3465 Words   |  14 Pages Q-1(A) Three major difference between human resource management and strategic human resource management Human resource management Strategic human resource management 1. HRM have â€Å"Short term goals† only like give training to the employees etc. For example in Tarmac short term goal is like recruit people for certain project only. 1. SHRM have â€Å"long term goals †like give the cross training to the employees. For example in Tarmac long term goal can be recruit people for long term and in future giveRead MoreStrategic Human Resource Management72324 Words   |  290 PagesBusiness Management Study Manuals Advanced Diploma in Business Management STRATEGIC HUMAN RESOURCE MANAGEMENT The Association of Business Executives 5th Floor, CI Tower ï‚ · St Georges Square ï‚ · High Street ï‚ · New Malden Surrey KT3 4TE ï‚ · United Kingdom Tel: + 44(0)20 8329 2930 ï‚ · Fax: + 44(0)20 8329 2945 E-mail: info@abeuk.com ï‚ · www.abeuk.com  © Copyright, 2008 The Association of Business Executives (ABE) and RRC Business Training All rights reserved No part of this publication may beRead MoreStrategic Human Resource Management1032 Words   |  5 PagesTo simply define Human Resource Management (HRM), it is a management function that helps managers recruit, select, train and develop members for an organization. Obviously, HRM is concerned with the people’s dimension in organizations. When we say HRM of the organization, it is concerned with all the departments of it. In the marketing department, people consult products or services that lead to the sale. In the sales department, people sell products or give services to the customers. And alsoRead MoreStrategic Human Resource Management4089 Words   |  17 PagesContents 1. Introduction: 2 2. Strategic Human Resource Management Practices in Samsung: 2 2 a. Samsung overall introduce 3 2.b HRM challenge in Samsung 3 2 .c Samsung strategies 4 3. RECRUITMENT AND SELECTION 5 4. Career management and development 6 4.a HTP concept 7 5. Rewarding 8 6. DIVERSITY AND EQUAL OPPORTUNITY 9 7. Employee welfare 10 Employee wage and welfare 10 Support for housing 10 Children’s education 10 Medical support 11 Support for retirement 11 8. Contribution to the national economyRead MoreStrategic Human Resource Management3790 Words   |  16 PagesSummary: Strategic human resource management is an approach that refers how the aims of the organization will be acquired through people by means of human resource strategies and combined human resource practices and policies. It is also based with viewing the people of the organization as a strategic element for the acquirement of competitive benefit. Strategic human resource model are used to achieve sustainable competitive advantage in the industry. Human Resources Management is the strategic management

Christianity And The Holy Trinity - 955 Words

â€Å"Within the covers of the Bible are the answers for all the problems men face.† (Quotes About Christianity) This quote is from Ronald Regan, and I think it is a good representation of Christianity. Christianity is centered on the teachings and life of Jesus of Nazareth which is found in the Bible. Along with the teachings of Jesus, Christians believe in the Old Testament, that has biblical records that date back to 1500 B.C.E.. Some of these beliefs include the Holy Trinity, salvation, afterlife, and the Bible. The belief in the Holy Trinity is what I believe to be the most important belief in Christianity. The Holy Trinity consists of the Father, the Son, and the Holy Spirit. The first part of the Trinity is the Father or God. Christians believe that God created the world, and that he sustains it. They believe that God is all-powerful, all-knowing, all-present, and all-good. The God in Christianity is the same God as in Judaism. Jewish people believe that their God is t he God of Abraham, and Christians believe the same. Christians also believe that God has a love for all people, and a desire to save the world. Christians believe that God chose to reveal himself through the second part of the Trinity (Trinitarian Monotheism, 2015). The second part of the Trinity is the Son, or Jesus. Jesus is believed to be the son of God, and that he is God made flesh. Christians believe that he preached a message of concerned salvation, love, and care for the poor and those in need.Show MoreRelatedThe Beliefs that Effect Christianity Essay1228 Words   |  5 PagesChristianity is a diverse religion with a multitude of beliefs that comprise the core of the religion. There are an abundant number of sects within Christianity however there are a few core principles which are generally true for all of them, for example the belief of the Holy Trinity or better known as the Father, the Son, and the Holy Spirit. This is what would be considered a primary belief. A pr imary belief is an idea that is a generally universal idea that is accepted by all the differentRead MoreGod, The Son And The Holy Spirit1726 Words   |  7 PagesThe Father, the Son and the Holy Spirit; this is one of the biggest mysteries of Christianity. How do three persons, each of which contains all of the divine attributes of the others including, omnipotence, omniscience and eternality among others, be one and at the same time be individuals? The issue at hand is; does biblical evidence support the doctrine of the Trinity? The doctrine of the Trinity distinctively marks and sets Christianity apart from other religions. Comprehending this is an issueRead MoreThe Doctrine Of The Trinity978 Words   |  4 PagesThe word Trinity cannot be found in the bible, but neither can omnipresent or omniscient; yet they all describe the Biblical expression of who God is and how he is revealed to humanity. Furthermore, the doctrine of the Trinity is so crucial to Christianity, that if it was removed Christianity would crumble and fall into cult status. Even through the doctrine of the Trinity took almost a three hundred to be formally stated at the Council of Nicea (325) and the Council of Constantople (381);1 RogerRead MoreComparison And Contrast Of World Religions1194 Words   |  5 PagesReligions The religions of the world, while differing greatly in their specifics, are surprisingly similar. The three most prevalent religions in the world are Christianity, Islam, and Hinduism, in that order. All believe in a higher power that presides over and created man. Islam originated in approximately 609 C.E., or Common Era, and Christianity originated around 33 C.E. which is supposedly when Jesus Christ was crucified. The main prophet of Islam, Muhammad, is supposedly of the lineage of Jesus ChristRead More`` Dear Billy Bob Joe `` Essay1716 Words   |  7 Pagesunderstand why someone with no religious upbringing or background would not quite know where to start when taking a look at Christianity; however, I’m here to help you understand the amazing aspects of Christianity. These aspects have caused over two billion people around the world to dedicate their lives and ways to follow the center of the religion- God. There are many parts of Christianity that differentiate it from other religions, but for the sake of your time and immediate sanity- I will only delveRead MoreThe Problem of the Trinity1660 Words   |  7 Pagesï » ¿The Problem of the Trinity The Mystery The concept of the Trinity was first formulated by St. Augustine in the Nicene Creed in seven statements: 1. The Father is God 2. The Son is God 3. The Holy Spirit is God 4. The Father is not the Son 5. The Son is not the Holy Spirit 6. The Holy Spirit is not the Father 7. There is only one God (Augustine, 1948). The problem stated in the classical way was such: how can three equal one, or one equal three? Secondly on the one hand we are toldRead MoreThe Doctrine Of The Trinity861 Words   |  4 PagesBefore discussing the Trinity, it is essential to first understand the Doctrine of the Trinity and what it states. Unfortunately for Christians, an exact definition for the Trinity is not provided in the Bible, actually the word ‘trinity’ is never even used in the Bible. Fortunately, however, the Bible is saturated in the belief of a Triune God. The Doctrine of the Trinity states that there is only one God. The Father, the Son, and the Holy Spirit are all one God, but the Father is not the Son whoRead MoreReligious Site Report : The Holy Trinity Church1372 Words   |  6 PagesRELIGIOUS SITE REPORT: HOLY TRINITY CHURCH BY BOWEN CHAN MAY 18 2016 PROFESSOR ANTONY ANTOKIN I went to the Holy Trinity Eastern Orthodox Church in San Francisco. They established in December 1857 in San Francisco then later incorporated into Greek Russian Slavonian belief. During the late 1880s, the population of the church exponentially increased, when Greek Immigration exploded and the church was firmly confirmed as the place for dedicated worship to the Greek Orthodox faith. AfterRead MoreChristianity Is A Religion Based On The Person And God1479 Words   |  6 Pagespeople in the World who follow and support the Catholic Church. Christianity is a religion based on the person and teachings of Jesus of Nazareth. Ever since Christianity started to emerge in the mid-first century it has only increased in size and became even more powerful now than in the origins of the Religion. Jesus Christ is considered to be the Son of God and through the Bible’s scriptures that include many sacred writings of Christianity it has given people hope and more importantly something to Read MoreThe World Views Of Islam And Christianity1115 Words   |  5 PagesIslam and Christianity This term we have covered a reasonable amount of materials based on the different types of religions in the world. There are many religions that have strong views and principles, and in order to understand them we must have an open mind and a true understanding of their beliefs. For the purpose of this essay, I will focus on the world views of Islam and compare it to Christianity. Part I Islam is a traditional monotheistic religion that urbanized in the Middle East, Common

Art uprising Essay Example For Students

Art uprising Essay The fires are out in Los Angeles, but cultural institutions may have been permanently scorched. It was late in the afternoon of Thursday, April 30, and much of Los Angles was, quite literally, in flamesburning in an uprising sparked by the acquittal of four white police officers in the savage beating of motorist Rodney King. As the city immolated and began the first night of a dusk-to-dawn curfew that was to continue through the weekendvirtually shutting down the citys cultural institutions for four days Gordon Davidson, director of the Center Theatre Group, was alone in his office in the deserted theatre comples. Like many top managers of business across the city, Davidson had ordered his employees home earlier in the afternoon while safe routes of travel could still be found. Alone now in his cluttered space on the second floor of nondescript building near the Music Center of Los Angeles County, Davidson, wasoddly, perhapsfinding quiet time to catch up on phone calls. The priority was a call Davidson had been trying to complete for days. The man he was trying to reach was South African playwright, director and actor Athol Fugard. As Los Angeles burned, Davidson fianlly got Fugard on the line, only to discover, through the miracle of CNN, that Fugard was simultaneously watching live helicopter television coverage of the violence. He said to me, Gordon, here I am in South Africa looking at television of Los Angeles, but I think Im watching Johannesburg,' Davidson recalled. It suddenly hit me. I had not seen what was happening outside. Of course, the parallel was scary. It would be 24 hours before the violence abated and the pall of smoke over the city a cloud so thick it periodically closed Los Angeles International Airportbegan to clear. By the end, 60 people would be dead, more than 11,000 arrested, more than 600 buildings burnes out and damages totaled at nearly $1 billion. Miraculously, the fires and looting left the citys cultural infrastructure almost untouched. A demonstration protesting police abuse turned violent in downtown Los Angeles, leading to broken windows and minor fires at City Hall, the federal Building and the infamous Parker Center headquarters of the Los Angeles Police Department. But the Music Center complex, which houses the Ahmanson Theatre and Mark Taper Forum, and the Dorothy Chandler Pavilion, home of the Los Angeles Philharmonic, was untouchedthough it was less than four blocks from the rampage. The Museum of Contemporary Art six blocks from the Civic Center was undamaged, as was MOCAs Temporary Contemporary, a former warehouse in nearby Little Tokyo directly behind Parker Center. Along Wilshire Boulevard west of downtown, the Los Angeles County Museum of Art and two other nearby museums escaped damage even though looting and fires approached. Two branch libraries and the Aquarian Bookshopa landmark in the African-American intellectual communitywere burned out. Ironically, the libraries were affected because they had both been temporarily relocated to minimallsa favorite target of arsonists in the disorderbecause their existing buildings failed to meet earthquake standards. Because Mayor Tom Bradley extended the curfew citywidean act necessary both for safety and the symbolism of equitythe violence virtually shut down the citys cultural life for the duration. MOCA, the county art museum and the rest of the citys major musem facilities closed for the entire weekend. Literally every theatrical, movie and music performance scheduled in hundreds of facilitieslarge and smallwas canceled. At the Ahmanson, The Phantom of the Opera went dark, along with the Tapers multicultural production of Richard II. Davidson also shut down Its Only a Play at the Doolittle Theatre in Hollywood. Box-office managers scrambled to reschedule performances, extend or alter runs and conjure up ways to honor tickets at future dates. Center Theatre Group was forced to reschedule a fund-raising gala honoring Davidson for his 25 years as its head and the dominant theatre force in the city. The event was reset for late August. Quickly, cultural institutions tried to cobble together short-term responses to what had happened. The Taper offered two tickets for the price of one if patrons brought food and clothing for devastated neighborhoods. Tickets were also distributed free to volunteers working on emergency clean-up projects in South Central Los Angeles, the area most affected by the unrest. Council kills 2 grants to visual arts centers: sex, quality at issue in panel-picked applications EssayA prime symptom of how economics and circumstance may interact was the bankruptcy last fall of the Los Angeles Theatre Center. The failure darkened the four-theatre city-owned complex downtown that had achieved far more success than any other cultural institutions in Los Angeles in attracting and holding onto truly multicultural audiences. It produced plays of distinct racial, political and ethnic origins and messages, but it attracted audiences that crossed not just racial lines but class lines as well. Old Toyotas driven by Latinos from East Los Angeles could be found parked next to Jaguars of the Westside Anglo wealthy. Corporate executives from San Mariono found themselves in line at LATCs lobby bar behind blue-collar African-Americans from South Central. Yet LATC had been killedarguably by a combination of bad city planning, a sour economy, a horrible political squabble with at least some racial overlays, and management disharmony within LATC, involving, among others, Bushnell. When the violence broke out, the theatrical institution with the best track record in dealing with the issues that underlay what happened was completely dark. Ironically, a meeting of a six-member committee to evaluate proposals from would-be new operators was canceled due to the uprising. The city Department of Cultural Affairs floated budgetary outlines for reviving LATC that depended on getting at least some new money from the Community Redevelopment Agencythe citys urban renewal departmentbut political turmoil and apparent financial demands of reconstruction of burned-out parts of the city made such support less likely than ever. Both the symbolic and actual importance of the LATC failure in late 1991 was underscored by the Los Angeles Times, the communitys dominant English-language newspaper. The Times, in a special section the week after the violence subsided, identified the LATC failure as one of the defining moments in city history leading up to the uprising. When Mayor Bradley named 1984 Olympics impresarion Peter Ueberroth, a former travel agent, to head a public-private partnership called Rebuill L.A., Ueberroth appeared to leave culture entirely out of his plans. The Department of Cultural Affairs initiated something it called the Arts Recovery Project, with a commitment of $100,000 in city funds, but the program was, clearly from the beginning, without resources adequate to address even a fraction of the need. The department did manage to schedule special Los Angeles Philharmonic concerts to benefit the healing process, and Adolfo V. Nodal, the agencys general manager, said a series of annual summer festival events would be given more of a multicultural focus. Private cultural institutions quickly appointed staff committees and board review panels to rethink their own commitments and programming in cross-cultural areas. Yet these actions were long on resolve and short on money. With cash reserves and financial resources tenuous, prospects for concrete results seemed scant. Corporations normally associated with cultural support had begun to cut back even before the violencefor instance, oil giant ARCO refused to advance a $200,000 grant to LATC las September, a step many observers believes was the proximate cause of LATCs bankruptcy. Post-uprising, Los Angeles cultural leaders privately worried that corporations and private patrons would rethink even existing commitments in the theory that money was more urgently needed for reconstruction projects in neighborhoods where many buildings no longer exist and thousands of people are newly homeless. The National Endowment for the Arts, in the midst of imposing new standards of censorship and political-content control over its grant-making, scarcely acknowledged the cultural implications of what had occurred in Los Angeles. The California Arts Council, fighting for its life in the midst of an $11-billion deficit in the state government, was also a non-player. As June approached, the fires had gone out and need for an arts and cultural responses to what had happened was, literally on a daily basis, ever more clear. But equallyperhaps moreclear was the reality that a lack of political will and money, combined with honest confusion and despair about how to address such a vast sweep of problems, make nearly certain that the post-uprising period will evade the citys cultural establishment as an opportunity tragically missed

Toyota Corporation Issue management plan

Table of Contents Introduction Issues Identification Issues Analysis Strategy Options Action Plan Evaluation of Results Reference list Introduction Toyota Corporation is a Japanese automobile manufacturer that is involved in robotics, biotechnology and financial services. The corporation has been in the industry since 1937, and has had a stain-free history and experienced an unprecedented growth in its operation, currently with over 500 subsidiaries and a labor force of more than 300,000 globally; however over the recent times, the corporation has been facing nightmares of all sorts.Advertising We will write a custom essay sample on Toyota Corporation Issue management plan specifically for you for only $16.05 $11/page Learn More The company has been encountered by a number of crises ranging from leadership crisis, public relations, diminishing returns, and the global economic meltdown to the most recent crisis, the accelerator pedal defaults. In coun ter to these unanticipated situations threatening its continuity and in an attempt to recover from these crises, the corporation’s public relations department was necessitated to formulate an issue management plan. In developing the issue management plan, the corporation has identified the important aspects that need consideration: the crisis management methods to be adopted, the Toyota communication plan, and the corporation’s management team. It consists of ways of response to the crisis in reality and perception and metrics to define what scenarios are to be handled as crisis (Gottschalk 2002). Issues Identification The company’s issues identification approach takes into consideration the entire process of ascertaining the financial, political, legal, government and communication problems associated with the crisis at hand. It all started with the financial warning that was issued by the corporation anticipating its first ever loss since its operations commen ced close to seventy years ago. A financial forecast that revealed the first ever operating loss was attributed largely to the slump in sales of the manufactured automobiles and robotics and the fact that that the value of the Yen was continuously becoming inferior to the dollar and other major world currencies. Toyota problems was compounded by stiff competition from other automobile manufacturers notably Honda and the slump in the global economy occasioned by the events in Wall Street. Manufacturers of automobile around the world were faced with a tough challenge due to a shake in the operating environment that caused a sharp shift in demand because of the deepened financial crisis that spread over consumers in worldwide. According to The Economist (2010), â€Å"the entity had reduced its operating estimate to a loss of 150 Billion Yen in its fiscal year that ended March 2010; the reduced estimate was subsequent to surprising the international economic markets by decreasing its g roup working earnings predictions by an unparalleled 1 trillion Yen.†Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Toyota’s situation was further aggreviated by the recall crisis of its recently manufactured automobiles with supposedly faulty braking systems. This all started on 28th August, 2009 when a Californian highway patrol officer was travelling on Highway 125 in Santee California with members of his family when the Lexus ES350 they were travelling in unceremoniously accelerated out of control hitting other vehicles and rolling over an embankment bursting flames, killing all the four occupants. The incident was said to have been caused by a stuck accelerator that made the vehicle speed uncontrollably. This was followed by a series of similar accidents and complaints from customers over the issue, which led to the recall of over 8.1 million with US reporting 5.5 millio n cases and also led to suspension of sales of about eight of its best selling brands costing the corporation at least $54 million every day on lost sales. These crises coupled together have rely had a negative impact on the company’s operations in terms of moneys spend in rectifying the faulty pedals, lost sales, reduced profitability, decreased production and also its public relations. Notably the devastating impacts of these crises are evident on the company’s share, which has hit a new low of $71.80 in the New York stock and the corporation has reduced its networth by about $25 million. Issues Analysis Due to the proneness of the corporation to variations in the industry, the corporation has adopted a crisis contingency plan to cover uncertainties occurring, unlike in earlier times the corporation operated without a contingency plan that left the corporation at the risk of bad reputation, public scrutiny, even compromising its continuity in case where a crisis erup ts. The recall crisis took the American market by storm because of the negative publicity and anxiety caused to other customers with the latest Toyota models, the public went into a frenzy with many fearing to use our automobiles and discussions on social networks, televisions and print media reaching fever pitch. The management of the corporation in the US market went into a crisis meeting to evaluate the accuracy of the allegations and possibly do some damage control. The mangled wreck of the vehicle was collected and taken to the Toyota laboratories for investigations. However, preliminary reports on the crash from both the corporation and independent local authorities indeed showed that the Lexus ES 350 was acquired on a loan from Bob Baker Lexus Showroom of San Diego where the personal car of the victim was being held for repair in return. It was also clear that the Lexus may have been fitted with the wrong floor mats thereby interfering with its gas pedal. From these investiga tions, management learnt of the inherent risk in the latest automobiles from the American plant supplied into the market. In October 2010, an article in The Economist highlighted the level of hazard caused by the company’s automobiles.Advertising We will write a custom essay sample on Toyota Corporation Issue management plan specifically for you for only $16.05 $11/page Learn More Those affected were mainly individuals who had purchased their latest automobiles from the American plant. It was also reported that nine other separate incidents where local authority investigations on other accidents involving Toyota vehicles were done. Majority of the accidents were a consequence of wrong bottom mats and a number of others due to the spruce pieces on the Sienna models. Investigations reported also revealed that the other fatality accidents were as a result of unintended acceleration of the vehicles. â€Å"In depth investigations and analysis by the National Highway Traffic Safety Administration (NHTSA) further revealed that the mats used on the floor of these automobiles were specifically meant for the RX 400 SUV Toyota Lexus but these were erroneously used on the ES 350 model.† This manufacturing error resulted in the accelerator gearshift to wedge against the rubber mats causing the vehicles to speed up abruptly. Strategy Options The issues management plan shall incorporate specific management strategy options to be taken during crisis, depending on the nature and extent of the crisis, to minimize the impact of a looming crisis and provide a response mechanism that will mitigate any crisis occurring. The strategic options should address diverse scenarios of crises ranging from environmental crisis, natural calamities, and technological mishaps; confrontational crisis such as industrial action or crisis arising from management goofs and skewed management values. For effective strategic positioning in anticipation of cri sis, the corporation should provide for crisis planning. Since most crises occur within the predictability of a corporation, for the anticipated crisis, it should identify the dangers or risks involved in its market and come up with an issues management plan, which shows the measures to be put in place when crises strike. Crisis planning is aimed at minimizing the impact of the crisis and provides a response system and also aims at putting the organization at the best possible position to counteract and recover from crises. However, when planning, the crisis team should be inclusive and not limited to specific disasters, although it can lay more emphasis on the anticipated crisis. A more effective way for the organization to take is creating a crisis management function within its operations.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This operates as a division in the organization and its functions includes; predicting any occurrence of a crisis, planning to curb crisis, communicating and advising the management about the vulnerability of the organization. Issues planning will address matters like crisis management methods, communication plan, management team and the evacuation team. Another option is creation of a crisis team that is well prepared to combat any crisis. The management should identify the main players to take positions in the team, based on their specialty, character and ability to work. The crisis team responsibilities include: restoring information networks, control and commands in times of a crisis while acquiring information, so as to provide the senior staff with adequate information on the situation. To enable teamwork and to solve the crisis, the crisis team needs to adopt crisis management, for example performing drills or scenarios to create an imaginary crisis, to evaluate how the team would respond in times of a real disaster. At the post-crisis stage, the management should put in place a crisis recovery plan. This involves steps that are necessary to bring back the organization to its functioning position. This involves: existing backup of important information, logs, staff and other lists; conducting an insurance review to make sure that it can adequately compensate all risks incurred; exploring legal elements of recovery with the legal department; and reviewing all current service agreements and check for post-crisis provisions and recovery support. In a case where the company has experienced enduring crisis, which hinder the company’s operation, it could consider discontinuing the business segment, brand or subsidiary affected by the crisis for sometime or forever; or engaging a strategic business combination, such as merger, takeover or amalgamations. Although this may seem unwise in the short-term, in the long-term it makes sense to the company in te rms of; the crisis may spread to other segments, savings in future losses, company reputation and improve on the company’s return on investment (Reid 2000). Action Plan For the organization to successfully implement the strategic options at hand, it needs to adopt an action plan. More importantly the action plan should incorporate an elaborate and well-structures communication plan. The communication plan involves coordinating, directing and communicating and providing the levels of command and channels of communication among the crisis team, the stakeholders and media when handling a crisis. Crisis communication can transform the unexpected into the anticipated and save the company’s credibility and reputation. More importantly is the media management strategy. Media centre is set up that will be headed a chief spokesperson or a senior communications and public relations officer. From this centre, the Chief Executive Officer and the Managing Director will be personall y available to give media updates on the state of affairs. The chief spokesman is supposed handle the media while the rest of the staff are advised to keep off not to communicate with the media personally or give any information that could interrupt the process. However, the adopted action plan should not be static rather flexible and adaptable with pertinent inclusion of issues and specifics that have come up. The action should ensure inclusion of a clear hierarchy of command that mentions by name and authority assigned to a given position in the case of an emergency. The contact of such personnel both physical addresses, postal addresses and cell phone contacts shall be part of the list to ensure information is conveyed expeditiously. Evaluation of Results This will entail establishing a mechanism for setting an agenda for evaluation and review. In evaluation of results, feedback is an important pointer. In the midst or after a crisis, the company should institute a corporation fe edback mechanism where affected parties will forward their responses and feedback on how they think the situation was handled and ought to have been done or not. On the corporation’s official website, the management should place a commentary or feedback portal that is interactive and offers necessary information. Also the corporation should design a facility level stakeholders’ scorecards† managed by the corporation’s CSO (The Economist 2009). Reference list Gottschalk, E. (2002). Crisis Management. Melbourne: John Sons. Reid, L. (2000). Crisis management: planning and media relations for the design and construction. New York, NY: John Wiley and Sons. The Economist (2009). Losing its shine: Toyota. The Economist, vol. 393, pp. 75-83. This essay on Toyota Corporation Issue management plan was written and submitted by user Trevor Frye to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.