Describe about the Project Management for Conditioned and Given Circumstances.
The modern day companies have attained new standards. The need of the project management is more important than ever. There are many considerations which the leader should keep in mind. Today the project management has become a mandate because there are so many business proposals and projects and the modern leader must guide the company through thick and thin to have the best success. The race is on. The essay is a reflexive report which enumerates some established essays on basic facts of project management and also clarifies the need of effective leadership in the same.
The first article on which the discussion is to be made is corporate reputation: the definitional landscape. The scope of this paper is dealing with myriad definitions of corporate reputations. There are many categories of corporate reputation and strategy. Strategy making is very important for any company reputation. The reputation of a company stands or falls in the reputation. This article analyses and reviews an evaluation about statements of commercial repute. The article clearly says that what is reputation and why reputation is important. It also analyses the strategies for an effective reputation construction. The article eminently distinguishes this notion from business identity, business representation and business status of capital. The article delves deep in the questions and tries to search for the effective answer to the question that what is the corporate reputation? The article writer has talked and collected data from authentic corporate sources and houses. The collected data is then analyzed and the management strategies and theories are put over it. There are many discussions which makes the reader clear about what is being talked. The data brings the basic need of reputation and building the publicity for a company. it also talks of the ways to reduce cost for doing the same.
The second article to be discussed in this section is: Earnings Management Using Classification Shifting: An Examination of Core Earnings and Special Items. This is a beautiful piece of research and analysis for the important subject shifting of cost. The moment one thins on the cost and setting up of the capital in a company there are many allied things which ring the mind. This is a high research based piece of creation that classifies various items that is included in the income statement as an earnings management tool. Expenses are of two kinds, namely the core expenses and the special item expenses (Apple, R. 1996). The core expenses include cost of goods sold and selling, wide ranging, and managerial operating costs. This article clearly collects the data of the esteemed companies in the market and analyses their cost effectively. The research thus paves the path of understanding the total cost importance and also paves a path for the future considerations. Cost is an important aspect and this article enumerates the intricacies of the same very effectively and in detail. The reasons of the shifting and the strategies of the shifting have been enumerated in detail keeping in mind the historical connection as well.
Audit is an important and integrated part of the total economic system of any system. Auditing is extremely needed to take the institution or organization forward. If the same is not done properly then there are all the discrepancies. The article which is discussed here is Economic Determinants of Audit Committee Independence. Auditing must be understood all the students of the management. The report that is here discussed clearly states that the audit committee’s independence is based on the economic factors of the particular company the auditing is done in. the findings of the report states clearly that the audit committee autonomy increases with size of the managing board and managing board independence and decreases with the respective firm’s enlargement opportunities and for firms that testimonies of uninterrupted losses. This report also states that there is no relation between audit working group freedom and creditors’ stipulation for secretarial particulars. The analyses that are in this scholarly article are all based on the data from 1991 to 1993, these results have implications for NYSE and NASDAQ listing requirements for audit committees adopted in December 1999. Thus this report is a must study for the people of all the communities. The auditing is an important thing and the aspects discussed here shall itemize many of the same.
The change management is the fourth aspect on which the articles focus on. The change management is the essential feature. To implement the proper strategies and to bring about any change in the total system of the company there is a need to manage the changes. The change management is important because the employees who were accustomed to a system and now that thing is being altered and this creates a sense of insecurity among the employees. The effective change management can be done to bring back the popularity. The book The Hard Side of Change Management evaluates the reasons of the insecurity and also specifies about the strategies of the change management. Managing the change is always a tough thing. As this means the total base is to be shifted at a different place (Callahan, D. 2004). this article deals in with the intricacies of the change management. The change initiates insecurity among the workers. The writer of this report had searched with detail what are the socio conditions of the people. Then the data has been collected and analyzed brick by brick. After the analysis the formulation of the change management strategies demand. Thus this book shall help in commuting.
The last but not the least of the deals is the marketing strategies. The marketing is very important for any business. Be it online or through person, the marketing strategies must be enumerated in detail. The marketing strategies are varied and myriad. Every business confers a marketing strategy to the people in the same. The people of the company have to cope up with the situation and react accordingly. The name of the book which is in discussion is a broad conceptualization of global marketing strategy and its effect on firm importance. The writer adopts and takes up variety of marketing genres and compares the same with each other. When there is the data collection there is the analysis. The analysis gives rise to the third force of understanding. If the company does not have the trust on the employees then he or she shall follow a person or two. This report enumerates in detail the motive and outlook of the modern marketing strategies. The strategies are named and analyzed. The book shows a way to deal with the various aspects of marketing.
The analyses of reading are mandatory in understanding any basic thing. The corporate strategies and modes of work are drastically changing with time. The modern day strategies are more diversified and exclusive (Hallam, J. 2000). There is more than one option marketwise and at the same time there are the competitions. Thus to sustain the companies must do something positive in the planning way. The aforementioned reports aim at the same.
The work of the leader is in understanding the situations in the above mentioned contexts and bringing the effective changes and controlling the situations in the proper manner. The leadership is an important thing in the project management. Why the company needs a leader? After reading the aforementioned reports on auditing, reputation, cost distribution, change management and corporate marketing, the notion which comes in the mind is that the work of the leader is to understand the situations and act accordingly; moreover the leader must guide the company through all the thick and thin conditions and aspire the success.
In overall respect I have learnt that the subjects which have been enumerated are all questions about consideration and thought. In the run of the system the logic and thinking is important. The company runs in a given set of rules and regulations to implore the same in the daily run of the company the leader must be agile and fore seer (Lieberman, A. 1988). The run of the company is not so easy. The leader has to understand the modern techniques and ways to have a great repute.
On the leader’s perspective this can also be said that the same ideas notions, pre-assumptions and others shall assuredly not be same for all the organizations. The organization nature shall be a lot dependant on the strategy types and strategies in all. The reason is that with the change of the mother institution, that is the company and the soil on which the same is situated that is the country, the rules and lifestyle of the commons change,. When the commons change the companies which are there must change their strategies. The change of country means change in laws, motives, and regulatory things and so on. Thus the same strategy that is applicable in one country is not applicable on the other. The same can be said for the different companies
The best part of this research is that they spurred new research modules. The moment the reader is acquainted with the fact that there are many intricacies in the ideas of auditing, reputation, cost distribution, change management and corporate marketing, he sits back to think the possible ways he can make the best use of the same. The reader is thus in a way motivated to reflect on the subject more thorough these essays.
In all this must be enumerated that the essays have made the reader aware that there are so many considerations in the company, while a person runs a company many tunings must be kept in mind otherwise the doom shall be inevitable (O’Sullivan, C. 2005). This essay makes that awareness. While the reparation is discussed and the importance of the cost distribution is discussed the reader is aware of the strategies and thus he or she is spurred to think something new. This creates the newness in the whole thing. The essays not only act as the inspiration but also as a source to new thinking and effective way of thinking. This what makes them special? They address to a wide range of questions and thus they formulate the right proportion of leadership and importance of project management in the modern companies.
Conclusion
Thus it must be said that everything has a strategy. The strategy is dependant on some facts, conditioned and given circumstances. Thus the acquaintance of the total situation is important to have an overall plan and idea. This essay has clarified the importance of project management and the intricacies of consideration in the same (Sockett, H. 2001). The importance of leadership is also reflected here. The essay has discussed some important questions of the modern day and also has extended the thoughts in discussion of how to elongate the process. Project management and the leadership in the same are truly narrated here.
References
Apple, R. (1996). Vitamania. New Brunswick, N.J.: Rutgers University Press.
Apple, R. (1996). Vitamania. New Brunswick, N.J.: Rutgers University Press.
Callahan, D. (2004). The cheating culture. Orlando: Harcourt.
Hallam, J. (2000). Nursing the image. London: Routledge.
Lieberman, A. (1988). Building a professional culture in schools. New York: Teachers College Press.
O’Sullivan, C. (2005). Reshaping herbal medicine. New York: Elsevier/Churchill Livingstone.
Sockett, H. (2001). Transforming teacher education. Westport, Conn.: Bergin & Garvey.
Soydan, H. and Palinkas, L. (n.d.). Evidence-based practice in social work.
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