Company Analysis Research Paper Example | Topics and Well Written Essays - 2250 words

Company Analysis - Research Paper Example In U.S., diversity was not seen as an integral part of planning previously. Diversity initiatives in most businesses processes lacked specificity, were poorly conceptualized and had no link to the business strategic plans. However, in the U.S business operations today, managers and leaders have realized that diversity planning must be aligned with the business operational decisions. This is to ensure that the businesses become successful (Richard SaÃŒ nchez, SaÃŒ nchez-Runde, and Luciara Nardon, Pg.18). Some of the U.S owned business organizations, most particularly the Macy’s company, have adopted a number of planning diversity practices in the business world. Such practices are illustratively discussed as follows. Diversity strategic plan is generally referred to as A-One Strategic Plan. The business builds and manages a workforce which is truly diverse. This is done by strategic planning of diversity through its core values of respect to the individual’s dignity, trust, integrity, credibility, personal renewal and continuous improvement. The business organizations use BWF (Balanced Workforce Force) strategy which is a strategy that all-encompassing. The strategy guides the organization in various situations and also covers the all the populations of employees. The strategy sets a 10-year annual target on goal plans for the business. Through the strategy, the managers are held accountable for upward employees’ mobility. BWF ensures that when layoffs occur, then the members of one group in the organization are not disproportionately affected in comparison with other member groups (Richard SaÃŒ nchez, SaÃŒ nchez-Runde, and Luciara Nardon, Pg.23). Another diversity strategy used by U.S Macy’s company business entails the continuous business improvement through the development and engagement of people. In this strategy, the business develops six

Manufacturing and Production Enterprises Essay Example | Topics and Well Written Essays - 500 words

Manufacturing and Production Enterprises - Essay Example CIM is the core avenue towards realization of success in U.S manufacturing. It involves integration of all components that are essential in production process and is a unifying factor of basic functional areas of manufacturing firms. It integrates design, production and management ensuring effective and quality production (Markert & Backer, 2009). Obstacles preventing high velocity in production such as complex setups, poor physical flow, excess material handling and interruptions in production process have been resolved by adopting lean manufacturing. Lean manufacturing simultaneously integrates the various aspects of product design, development and production. Just –in-time (JIT) has facilitated reduction of cost, production of high quality products and on-time production through, minimization of idle facilities, equipment’s or workers. Its main emphasis is having the right part, at right time, in the right quantities in manufacturing area (Markert & Backer, 2009). Many organizations have also undergone restructuring to reduce managerial layers and increase profits. This has put more decision making and responsibilities to line managers and the assembly line workers. Companies are adopting supply- chain management, which makes significant changes in the way a particular product is produced. As a result, dependence on external suppliers and outsourcing has increased helping organizations manage inventory and maximize production (Markert & Backer, 2009). Organizations have been struggling with cost especially the cost of material handling. Material requirement planning (MRP) is one technique that helps firm plan future purchase orders and production lots according to the required material to complete a production schedule. Intensive global competetion is a key driver of the ongoing trend of strategic implementation of