Managing II
4. (words: 249)
Planning is the foundation of high efficiency in
business area and is particularly essential for a clear aim and a
specific schedule, which are in turn the foundation of company’s ruly
daily operations. As the Chinese old saying goes, “Preparedness ensures
success, unpreparedness spells failure.” Enterprises make use of the
plans to inspect and adjust the management, to reasonably use human,
material and financial resources, and to improve enterprise efficiency.
Examples include the case of Bank of America. BAC is the third biggest
bank in America and they choose Hoshin Kanri technology and Six Sigma to
achieve business process optimization. Before making final decisions,
each department communicates with each other and gradually develops and
integrates programs with continuous optimization. This planning system
ensures coordination within the banking organization and for a fairly
long period, it remains functioning in America banks.
Another
example is US Postal Service. It was described as one of the best
management agent for the government by Government Executive Magazine,
and was also awarded as the optimal service department in the industry
by USA Quality Association. The main reason for its success is the
constant emphasis of the planning and the spirits have gone into the
culture of the enterprise. They communicated with its 700000 employees
and millions of customers by a consistent and clear way, to ensure the
implementation of the planning both inside and outside the company. They
emphasized greatly on the clarity of the planning, for example,
expressing enterprise ultimate goal digitally specifically.
5. (words: 184)
Financial control is the basic economic issue for managers in the
corporation. Through internal financial control, parent company will
have a better management and better understanding of subsidiary company,
which builds closer relationships between parent company and subsidiary
one. The financial control makes the enterprise truly become a whole
economic union to take the organizational advantage, by maximizing the
comprehensive allocation efficiency of various resources. Financial
control requires managers to make sure the accounting information
accurate and complete, to analyze the risks of the company’s strategies
and to supervise the implementation of major business plans authorized
by the board.
Modern financial theory thinks that the enterprise
financial control’s goal is to maximize shareholders’ wealth and under
certain circumstances, is the maximization of enterprise value. But in
the real operation, shareholders find it hard to clearly know the
actions of managers and just want to keep the rough directions. Managers
are authorized various rights and are given full trust in the scope of
authority behaviors. They have some freedom in financial control, and
this relates closely to the ethical duties and responsibilities of the
managers.
6. (word:249)
(a) Secretary is the auxiliary
management authority of the board of directors and “is regarded as the
backbone of the company organization in many ways”。 The main role of
secretary played in company governance includes two aspects: firstly,
the secretary is the company governance’s “gatekeeper”。 It helps keep
important files in good condition and arrange the meetings of the board
of directors to guarantee the meetings going smoothly. Secondly, it
helps connect various internal organs and members of the company, to
bring higher efficiency to the company.
(b) First, the company
secretary is often the main provider of information for the
shareholders. Since the shareholders don’t participate in daily routines
by themselves, secretary’s information is very important for them to
know the company’s condition. Second, secretary helps the shareholders
and direct managers of the company, such as the board of directors and
division managers, to communicate with each other. Third, secretary
participates in the company’s operations in daily life, which includes
building company’s image, arranging various meetings and so on.
(c)
According to Chinese current laws, the position of secretary must be set
in listed companies. Secretary is required to prepare and submit the
relevant departments of the board of directors and the general meeting
of shareholders, record meetings and keep meeting files and provide
legal, real and complete information. Since the imperfect legislations,
secretary in China has less duty in companies in England and in some
modern corporations more rights in real life are given by the board.
7. (words: 210)
To
find the right kind of employees, the selection methods are very
crucial. Employee is the company’s most precious assets and must be
recruited and hired after deep considerations. If they can fit well with
the company, they’ll have a tremendous impact on the company’s success.
And at the same time, bad hires will cost companies money idly. It’s a
waste of time and position to hire improper employees, since it makes
the company lose the choices of other good applications. Both company
and employees will get benefits when a new hire is a match of ability,
interest and cultural fit. And weather a company is successful to find
proper employees lies mainly in the selection process, because a person
is judged by the standard- selection methods.
Nowadays, company
has many various ways to select staff from boundless candidates
excluding standard interviews. One is the group selection. It puts
several candidates together in one room or one desk and observes their
behaviors and performance at the same time. And the other one is
computerized testing. It gives some specific questions in a limited time
and from the different answers, we can see the candidate’s
personalities in some degree. It can save huge time for interviews
compared with one by one.
8. (words: 169)
There are many
ways to motivate the staff, among which giving money is the most
important. Most employees do work mainly due to the needs of earning
money, and the idea “better job, higher salary” will certainly motivate
most people. Using money as a good method can not only provide staff
basic guarantees of safety needs, but also show the company’s approval
and higher attention to the employee. In addition, manager could make a
good atmosphere for the whole company, for example, by holding some
birthday party, company picnic, and some other activities.
The most
useful solution to retain essential staff is to build a platform where
they can express their own opinions and get feedbacks. Show the respect
and approval and make them feel that they are most appreciated in this
corporation, and then the essential staff will be willing to give up
other chances provided by other companies. Meanwhile, such methods can
collect wisdom of the staff to make better decisions in both future and
present operations.
9. (word: 166)
Good qualities, such as
determination, optimism and great passion, and good education, such as
the courses Principles of Management, Oganization Thoery, and Game
Thoery, are my biggest advantages.
For example, in the summer
holiday, I had written a 300,000-words-novel online. It was one of my
dreams when I was young, but for many times, I found it hard to spare
time for it. But for the two months, I was determined to write 5,000
words one day, and finally I accomplished this novel at the end of the
holiday. This shows my determination and my passion to things what I
like.
Another example is in the last semester’s Wahaha marketing
match. We formed a team to sell Wahaha products in the competition, and
at last we won the fourth place. When selling the products in a team, I
showed the spirits of teamwork. I was able to encourage people when they
got upset and make use of each person’s strengths to find different
positions for them.
References:
“Five tips for Successful Strategic Planning”。 Oxford Management Review, December, 2006, Para.1 and 4
Retrieved from
http://www.thldl.org.cn/news/0612/9187.html
William
Reinfeld. (2007, April). “Opportunities and challenges related to
Chinese companies acquiring western companies”。 Para.1 Retrieved from
http://www.aicadvisory.com/admin/white_papers/27-Challenges%20for%20Chinese%20Cos%20Acquiring%20Western%20Companies.pdf
George, S. (2014), Student Handout. “Cultural Diversity In Business” (Gong Yuan Yuan PhD, CUHK, Hong Kong). P.7-8
George, S. (2014), “Leadership and Management”。 Slide 4,5,8.
George, S. (2014), “Management and Organizations”。 Slide 10.
Tom
Mitchell. (2008, April 4th) In Hong Kong. “Chinese board’s structure
‘leads to confusion’”。 Para.3-4 Retrieved from
http://www.ft.com/cms/s/0/b81b7dc2-00d0-11dd-a0c5-000077b07658.html#axzz30boX1fCi
“Comparison
of Western state-owned companies’ revolution”。 (n.d.) Retrieved from
http://bic.cass.cn/info/Arcitle_Show_Study_Show.asp?ID=2064&Title=%CE%F7%B7%BD%B9%FA
George, S. (2014), “Management and Law”, Slide 5.
George, S. (2014), “Planning and Strategy”, Slide 4,5.
The
Burns and McDonnell World. (2011, July 19th). “Crisis Management: How
Planning Makes for a More Secure Future”。 Retrieved from
http://www.burnsmcdblog.com/2011/07/19/crisis-management-how-planning-makes-for-a-more-secure-future/
George, S. (2014), “Financial and Human Controls”, Slide 3,8-14.
“Why
is financial control methods are so important to managers”。 (n.d.). In
Blurtit. Retrieved from
http://employment.blurtit.com/316706/why-is-financial-control-methods-are-so-important-to-managers
George, S. (2014), “Human Resources”, Slide 16,17.
Queteen
Williams. (2013), “The role of Secretary General of the enterprise
leadership in decision-making”。 Para 3 Retrieved from
http://www.cnki.com.cn/Article/CJFDTotal-CAIZ201003167.htm
George, S. (2011, September), “Motivation Issues”, Para.6.
“Nine things that motivate employees more than money”。 (n.d.). In Inc. Com. Retrieved from
http://www.inc.com/ilya-pozin/9-things-that-motivate-employees-more-than-money.html
大学 - 经验谈字数:8510 投稿日期:2015-2-26 22:00:00
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