Saturday, February 15, 2020

Human Resource Development Essay Example | Topics and Well Written Essays - 500 words

Human Resource Development - Essay Example This is the beginning of prosperity. The values dear to me is an achievement and independence. These qualities would allow me to stay focus on my pre-set career goals. I would do my best to come out successful regardless of the conditions of the workplace. I find two categories most helpful for my future success. These two are talent management and development and risk management and worker protection. Talent management and development would allow me to recognize the strengths and weaknesses of the human resource. With this knowledge, it is easy to allocate each employee the duties with which he or she is most comfortable and passionate. Further, this would allow me to nurture the talents of each person without strain due to trial and error. In developing individual talents, the human resource will achieve its full potential, which in turn gets a direct reflection on the level of productivity. Concerning risk management and worker protection, I look at workers or employees as assets. As elaborated above, the human resource activity that nurtures talent and exploits its full potential makes the employees assets to the entity. With any operations, risks are imminent. Without proper risk management skills, the objectives of operations become elusive and difficult to achieve. It is worthy to know what alternatives to adopt at any given time, what to do when faced with rush decisions and how to manage crises. For worker protection, it is a skill necessary to shield workers from the eventualities of the workplace that are unfavorable. In This way, the workers tend to their duties wholeheartedly with the knowledge that, in the case of any eventuality, a fair decision will be forthcoming. The above skills, once instilled in human resource management, improved productivity of the workforce is easily achievable. In my opinion, the legacy involved determines career success. This insinuates that one is only successful if the values

Sunday, February 2, 2020

The marketing strategies of McDonalds and Starbucks andthe comparison Essay

The marketing strategies of McDonalds and Starbucks andthe comparison of their current marketing plans - Essay Example Food industry can be considered as a concurrent or triple point in terms of history, innovative ideas, and taste. This industry is dependent on number of factors like government regulations regarding hygiene standards and suitability, new innovative brands and trends in the market, consumer behavior, and cultural and religious beliefs. Despite of all such factors, the industry is one of the largest industries in the world as it had sale revenue of about $3.2 trillion in 2004. In USA almost 16.5 million people are professionally associated with food industry and Americans spend about $1 trillion annually which is about 10% of Gross Domestic Product (GDP). UK fast food is the largest fast food market in Europe which is double and triple in size than Germany and French markets respectively. The food industry (including fast food) had an estimated gross value added of  £73.4 billions in 2007 (http://www.whatmattersweblog.com). It had a contribution of 18.8% of national part-time employ ment and 8.7% of national full time employment. Coffee has established a strong standing in hospitality industry in last 10 years. In many countries espresso, cappuccino, and caffe latte has replaced the brewed filter coffee and therefore set a cafà © style coffee. Because of having a major contribution with respect to both the revenue and volume in market, the carbonated beverages are the mainstay of the industry. Australian citizens prefer milk-based coffee as about 90% of coffee cups sold in 2005 contained milk in it. In recent years, cappuccino has come out as the most favorite brand of coffee for Australian people however, people having strong financial assets particularly young ladies have more inclination towards the caffà ©s lattes.es lattes. Espresso and the flat white are generally more demanded by young males and senior citizens respectively. Another significant trend in coffee industry is the cafe preference of customers with respect to either fair trading or sustainable source. A rising trend has been observed by th e farmers that they intended to approach the fair trading cafes instead of low pricing cafes (Bacon, 2005). McDonalds are the two leading companies in the industry of fast food and soft drinks respectively. McDonalds is the world’s largest fast food providing organization, presently operating at more than 33,000 locations across the world and serving more than 64 million people around 119 countries on daily basis (http://www.mcdonalds.ca/). Although the company has more than half century experience even then it works through dynamic marketing strategies. McDonalds offers innovative ideas in their operations to keep itself at No.1 position in the fast