Friday, February 21, 2020

Nokia Information Essay Example | Topics and Well Written Essays - 1000 words

Nokia Information - Essay Example Key Points & Key Information The vision of the company is to ‘connect the people’ i.e. connecting ‘we’ and not merely individuals. The company aims to become the leader in mobile solutions. The strategy of the company is to â€Å"create irresistible solutions† through the use of vibrant ecosystems in alliance with the partners (Nokia-f, 2009). Presently Nokia is the top mobile devices manufacturer in the world. In 2009 the volume of mobile devices of the company was 432 million units. In this year the net sales and operating profit of the company was reported at EUR 41 billion and EUR 1.2 billion respectively. Nokia has a strong R&D unit in nearly 16 countries. Its R&D investment amounted to EUR 5.9 billion and employs 37020 people for its research oriented work (Nokia-a, 2010). Management approach, the company, its people The success of the company is based on the commitment and talent of its employees. Nokia works continually towards creating a work place that gives opportunity to the men and women of different ethnic or cultural backgrounds. The company is known for providing excellent career development opportunities and is strongly committed towards high ethical standards towards its employees. By the close of 2009 the company had 55000 employees of 115 different nationalities. In the company’s workplace the women account for 41 percent of the employees. At least half of the company’s senior managers are non-Finnish. The company’s operations are spread across a number of markets. This has also had an impact on the ways of working and cultural fabric of its employees. The management of the company views cultural diversity to bring in a sense of competitive advantage. It is of the view that team diversity leads to better... As the essay stresses the vision of the company is to ‘connect the people’ i.e. connecting ‘we’ and not merely individuals. The company aims to become the leader in mobile solutions. The strategy of the company is to â€Å"create irresistible solutions† through the use of vibrant ecosystems in alliance with the partners. From the paper it is clear that the success of the company is based on the commitment and talent of its employees. Nokia works continually towards creating a workplace that gives opportunity to the men and women of different ethnic or cultural backgrounds. The company is known for providing excellent career development opportunities and is strongly committed towards high ethical standards towards its employees. The company has a reward program in place that gives recognition on the basis of performance of team and individuals. The Investing in People (IIP) policy of Nokia enables it to match the employees’ aspirations with the company needs. The company holds Structured IIP discussion every year where the objectives for a period are framed. The management and control of Nokia is shared among the company’s shareholders, Board of Directors, Executive Board and President. The Board members are accountable to the company shareholders. It responsibilities are more active in nature. These include managing the composition and structure of its top management, monitoring of legal matters and risk management of operations. The duties of the Board include appointment and discharge of CEO, CFO and other members of the company’s Group Executive Board.

Wednesday, February 5, 2020

Benchmark state-of-the-art organizational process improvements Research Paper

Benchmark state-of-the-art organizational process improvements - Research Paper Example These include implementation of the Triple Bottom Line (TBL), Sustainability and Corporate Responsibility (CSR) and organizational change principles. The plan is to use Prosci’s change management methodology and the recommendations include changing the leadership style, using the Corporate KSAO (knowledge, skills, ability and other characteristics) during the employment process and facilitating learning rather than training for all employees. As a result, CF&F will improve its performance, profit margins, communication strategy, employer to employee relationship and an organizational culture that integrates both individual and organizational change management. Introduction Custom Food and Feed Corporation (CF&F) specializes in the production and marketing of food and ingredients for animal feed. The Corporation faces an array of allegations including mismanagement, failure to adhere to stipulated federal and state regulations on safety, quality and environment, noncompliance w ith the federal and state labor laws and unfair HR practices. As a result, CF&F has been under investigation for the last 10 years. This has resulted to creation of poor public image, loss of market share, nosedive in its performance and a drastic drop in profits. In order to counteract the negativity associated with the Corporation a new CEO was appointed to oversee it through a change process. The CEO mandated the president to do an analysis of the organization’s culture to detect the source of the allegations. This responsibility was then delegated to the vice president who decided to do the corporate research on the tech division. This is the newest addition in the Corporation. It runs seven lines of production on a daily basis for 24 hours where fermentation process is used to change dextrose (sugar) into a myriad of feed ingredients (if care is not taken microbes especially salmonella which pose grave health concerns can easily grow). The workforce at the tech division comprises of 92 managers and 300 employees. After the analysis, it was detected that the tech division did not adhere to the stipulated quality, safety and environmental standards. It was also determined that there is a poor employer-employee relationship because of the style of leadership used. The managers implemented an authoritarian leadership strategy which had only managed to build barriers between the management and the employees. In fact, the employees were not at all empowered since they worked under pressure and were not free to air their views and concerns. As a result, employees were opting for unionizing. Another source of the allegations was from the fact that the production decisions made by the managers were implemented by supervisors who had been given the promotional rank without consideration of the Corporations KSAO (Knowledge, Skills, Abilities and Other characteristics) guidelines. In fact, it was determined that the tech division was highly infested with nepot ism. On the other hand, the promoted employees were not subjected to any training that would nurture their competence and leadership skills. Moreover, it is the duty of the managers to ensure the given directions are appropriately implemented. In addition, the human resource manager oversees all the human resource activities of all the divisions in the Corporatio