Friday, February 21, 2020
Analysis Haier Company Essay Example | Topics and Well Written Essays - 2750 words
Analysis Haier Company - Essay Example The first angle of analysis is the trend exploration of the company over the period of five years. Additionally, the common size analysis for the company will be done to figure out the item percentage change over the last five years. Secondly the report will address the cross-sectional investigation between Haier Company and Tesco plc Company. The main aim of the cross-sectional analysis is to compare the performance of the company with others so as to identify the key points to the failure or success of the firm. The third performance analysis will be for industrial average comparison to weigh how the company is performing compared to other firms globally. Finally, the recommendations pursuant to the analysis will be at last. It is also known as the horizontal analysis. It is a financial psychoanalysis technique that demonstrates the variation in the amounts of matching items financial statements over a certain span of time (Logan,Ã 2014). Two or more periods grants a trend analysis. The first important item is the revenue. It can be evidently being seen that there is an increase in the total returns each year from 2010 to 2014. The returns amplified from 48,500 in the initial year 2010 to 50,089.9 in the following year. The increase percentage will be (which translates (1589.9/48500)*100 = 3.28%. In the year 2012, the revenue increased to 55615.0 hence an augmented revenue of (55615-48500) =7115. Calculated as an increase in percentage by (7115/48500)*100 = 14.67%. By the year 2013, the proceeds earned was 62,263.2 scaling up by 13763.2 leading to increase percentage of (13763.2/48500)*100 = 28.38%. 2014 had revenue of 67,134 and when calculated as a percentage increase the result is (18634/48500)*100 = 38.42%.It is evident that the income improved by 3.28% from 2010, 14.67% from 2011, 28.38% from 2012 and 38.42% from 2013. This demonstrates that the
Wednesday, February 5, 2020
The GE Money Americas Essay Example | Topics and Well Written Essays - 1500 words
The GE Money Americas - Essay Example This paper presents a detailed discussion, analysis and illustration of leadership and talent management within GE Americas as a case study. The challenges which necessitated the need within GE Money Americas are discussed in addition to the model for change theory as applied within the company. In addition an evaluation of information gathered within the company as pertaining to leadership and talent management is given in the paper. Moreover the paper presents the speculated effects of the level of success that changes within GE Money Americas would have in the future operations of the company and recommendations on correct adjustments in case the change reduces its effectiveness. Need for Change in GE Money Americas The processes of managing employees within GE Money Americas were initially less integrated. This is demonstrated by the less centralized employee hiring system. The top executives within the company considered the centralized approach to employee management to be less effective because communication and sharing of ideas within the company was not motivated (Roderick, Lehmberg & John, 2009). The top executives within the company valued the role of effective human resource management as the definition of company success. It is in line with this that change was inevitable within the company. This change was aimed at improving the processes of talent management for the benefit of the company. Change was needed in all aspects of talent management within the company such as attracting new talent, sourcing, hiring, training and developing employees (Walsh, 2011). In addition there was need for change in the promotion of human resource within the company and their movement within various aspects or units of the company. The companyââ¬â¢s executive identified the need to fuse the talent management strategy with the wider business strategy. It is because of this that it was considered necessary to centralize the strategy of managing the company staff ( Marquez, 2007). Through a centralized system of managing talent within a company, all employees are allowed to work in line with the common business strategy and business goals (Roderick, Lehmberg & John, 2009). In addition, a need for improved communication within GE Money Americas was identified. This was motivated by the view of communication by the company top executives as the most crucial element of any form of success. Communication is improved through the use of communication systems such as information technologies and applications which link all employees within an organization (Walsh, 2011). This promotes growth and innovativeness as a result of facilitated process of sharing ideas. More importantly there was a need for promoting interaction between the company leadership and all employees. This was aimed at ensuring that the needs of human capital were understood and efficiently met by the company leadership so that employees were left motivated. Model for Change Theory The lean approach is the model of change theory which was employed within GE Money Americas to bring about changes in leadership and talent management. Lean approach is a model for organization change which is designed to significantly cause improvements in the flow of business activities while eliminating any forms of wastes in work processes (Rothwell, 2012). This approach as employed within
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