StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Big Problem Management in Tex-mark - Essay Example

Cite this document
Summary
It is apparent that there is a big problem management in Tex-mark. Although Eric understands that there are problems in the company, the HR departments Vice President tends to be unaware of it…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.9% of users find it useful
Big Problem Management in Tex-mark
Read Text Preview

Extract of sample "Big Problem Management in Tex-mark"

Download file to see previous pages

It can be argued that language posed a great barrier to project success. Erick seemed to be well informed about how unqualified or incompetent employees may contribute to delay in implementing projects. His intentions were to ensure that there was no a repeat of what had happened in Mexico and china. He argues that a projected aimed at being completed in a shot duration took longer time than expected. An example of such an occurrence is the one cited about what happened in India. It is argued that an eight moth research assignment consumed three years, and this according to Eric was as a result of incompetent employees.

Fred’s Selfishness could not allow him to train locals and employ them to undertake some duties. He was unable to work in harmony with authorities in the country, and this hindered operations of the research assignment, thus leading to delay in its completion. Alternative solutions However, the company may still get back on its track if Eric can make some efforts to solve problems facing the company. He should first lay down all the problems facing the company, and enumerate the best possible solutions to them.

Such issue should be raised before the higher authorities on a regular basis. Persistence is important when it comes to such matters of concern, not forgetting the enormous challenge facing them especially now that they are about to venture in to a more challenging zone: China. Any company that fails to advance in its human resource capacity is always faced by constant problems in its operations and managerial matters. Some of the ways through which such advances are achieved is through attending workshops and seminars on various fields, instituting training programs, or advancing education levels.

Therefore, Eric should take stand and insist on the training program for not only employees sent abroad, but also to the rest of the employees. The program should be planned in a manner that it deals with the current problems, and forecasts on the future requirements that would be catered for by the program. Underperforming and or expatriate employees may not add value to any organization. In fact, the company should ensure that all its employees are subjected to a performance measure contract, which evaluates the performance of all employees.

This way, there would be no reason to continue keeping employees who fail to perform. They are considered to be liabilities rather than assets to the company, and over continued to being in the company increases costs, thus reducing the profit margin of the company. It is necessary for the company to add a policy of employing locals of foreign countries in order to minimize some costs such as training and exportation of employees who would require extra compensation and allowances during their stay in other countries.

In fact, the company should look for ways of having affiliate or subsidiary companies in foreign countries of interest. This way, the company will enjoy the benefit accrued from being locally known company in those foreign countries. Budgetary concerns As long as the there is efficiency in handling international assignments, and that they become cost effective, then the proposed solutions to the problems facing the company can be argued to be fine. Proposed solutions should also include reevaluation of how the consulting firm may help the company oversee smooth running of its assignment in the foreign markets.

In this regard, the consulting firm should be made to understand that charging Tex-Mark higher fees for training jeopardizes the profit margins of the company. There

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Big Problem Management in Tex-mark Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from https://studentshare.org/other/1397503-case
(Big Problem Management in Tex-Mark Essay Example | Topics and Well Written Essays - 750 Words)
https://studentshare.org/other/1397503-case.
“Big Problem Management in Tex-Mark Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/other/1397503-case.
  • Cited: 0 times

CHECK THESE SAMPLES OF Big Problem Management in Tex-mark

Ratio Analysis

Ratio analysis Introduction The wider scope of accounting involves identification, quantification, recording, and communication of economic information to facilitate informed decisions among stakeholders.... Raw information may however be bulky and disorganized for this role and financial accounting refines the information into financial statements....
3 Pages (750 words) Math Problem

Management science

Based on Bear Dairies production strategy consisting of quantities for each product, the selling price they have set per product, and if they are able to sell all they produce, the company stands to earn $3,863.... 9 per day. 2.... If CONICE were to acquire the company, what production schedule would you recommend How much of each raw material ingredient would the plant be purchasing daily and how much would CONICE earn or lose per day (include the fixed daily overhead and the financing costs in your calculation) … Based on the increased production schedule above, daily profit is $6,008....
2 Pages (500 words) Math Problem

Math Exercises

The test is purposed to summarize the knowledge, to check the students' progress and to identify problem areas in studying.... The paper "Math Exercises" is purposed to give answers and explanations on assignment on Math.... The answers on questions are full and clear and include full solutions....
4 Pages (1000 words) Math Problem

Theft Acts and Law

… Theft Acts and Law2005Handling of Stolen GoodsTracey bought the one-day train travel card from a stranger, Joe Mack, for £2 although the ticket price was £4.... 0 without being certain that it was a stolen item, which was quite possible given the fact Theft Acts and Law2005Handling of Stolen GoodsTracey bought the one-day train travel card from a stranger, Joe Mack, for £2 although the ticket price was £4....
6 Pages (1500 words) Math Problem

Energy Transfer and Thermodynamics

… 1) Define the four laws of thermodynamics using words, diagrams and equations where appropriate.... a).... Zeroth Law of Thermodynamics which deals with the thermal equilibrium and states, if two Thermodynamic systems are separately in thermal equilibrium 1) Define the four laws of thermodynamics using words, diagrams and equations where appropriate....
10 Pages (2500 words) Math Problem

Digital System Design - Electronic Engineering

… Requirement specificationThis is a design of an arcade video game designed by CAD software called multisim that is used to create a schematic circuit that is added components needed in the circuit.... Including resistors and DC needed in the circuit.... Requirement specificationThis is a design of an arcade video game designed by CAD software called multisim that is used to create a schematic circuit that is added components needed in the circuit....
5 Pages (1250 words) Math Problem

Operation Management

c)Use this example to discuss the significance of Operations management to this (or any) business.... perations management refers to the operation, design and control of manufacturing process that converts such resources as raw materials and labour into finished goods or services that are sold to the end users.... If Nick want his company to be successful, he should recognize the importance role that operations management will play as part of the overall organizational strategiy to maintain and establish its global leadership....
6 Pages (1500 words) Math Problem

Significance of Operations Management

ignificance of Operations Management to this (or any) business Operation management in most cases is considered as a multi-disciplinary filed that focuses mostly in all aspects of the organization operations.... using this figure, the management is able to manupulate the various factors in order to improve the productivity of its workforce at any given time.... If the management decides to improve production efficiencies to 85%, then the multifactor productivity will increase by (1....
8 Pages (2000 words) Math Problem
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us