Americ The Great Depression - 2977 Words

America would suffer from one of the worst financial disasters in history after the stock market crash of 1929. A period in history commonly referred to as The Great Depression (1929-1939) would take the workforce by storm. The country’s unemployment rate would reach a record high leaving millions of Americans out of work or laid off by the mid 1930s (Smiley, 2014). â€Å"The Great Depression is often called a â€Å"defining moment† in the twentieth-century history of the United States. Its most lasting effect was a transformation of the role of the federal government in the economy† (Smiley, 2014). As a result, families were unable to repay debts such as farm loans and mortgages leaving financial institutions in the red and failing to recover.†¦show more content†¦This verdict was hammered home by the well-publicized demolition in 1972 of the Pruitt– Igoe project in St. Louis† (Massey Kanaiaupuni, 1993). Although most politicians viewed l arge housing complexes (projects) as a social destruction it did help to recreate new strategies for improving the housing program. America’s most impoverished populations were still struggling to maintain decent housing at an affordable rate. This dilemma prompted the federal government to seek new alternatives to help aid low-income families. â€Å"Federal support for housing since, skimpy as it is, has largely been in the form of â€Å"Section 8† vouchers and dispersed, low-density, mixed housing. The actual number of public housing units has shrunk in recent decades† (Massey Kanaiaupuni, 1993). According to the article, â€Å"it was a response to the post-war housing shortage and too many social scientists’ view at the time that poor housing itself – crowded, dilapidated quarters contributed to social dysfunction† (Massey Kanaiaupuni, 1993). The immediate need to accommodate the needy seemed to do more harm than good during the early stages of development. Politician’s immediate reaction was to fix the problem by housing multiple families and individuals in already impoverished locations and massive projects only seem to created new

Strategic Management And Human Resources Management Essay

Introduction: Criterion’s early success in the 1980’s came from their manager’s ability to recognise a gap in a global market, which began the construction of ready to make furniture (RTA). The self made company formed in 1960’s uses strategic management and Human Resources Management to create a goal driven work place. . Strategic Management has the main focus of winning. Each company’s goal may be different but achieving the goal is a win for the company. Although Criterion is lucky enough to have no direct competitors, to stay ahead in the growing market, the brothers, Wally and Brain Smaill, used strategic methods such as SWOT, PEST, Porters 5 forces to gain success. Both strategic and HR management strategies give an advantage over competitors. It was only recently seen as a high focus in Criterion, with the introduction of training evenings to up skill staff. Due to the brothers success globally already, looking to move to China could be a great company mov e for Criterion. Strategic Management: SWOT: SWOT analysis allows Criterion to look at internal strengths and opportunities along side external factors associated with weakness and threats. Strengths Weaknesses †¢ Communication – database between New Zealand and Melbourne †¢ Logistics – Shipping to US fast †¢ Technology – Leading edge †¢ High Quality workforce – workers up skilled †¢ In touch with market †¢ Ages of leadership †¢ Small volume manufacturing – Even though high quality, cant keep up with large businesses †¢Show MoreRelatedHuman Resource Management and Strategic Human Resource Management1136 Words   |  5 PagesManaging Human Resources, 3rd edn, John Wiley Sons, Milton, Qld. In chapter 1 of the text, the author shows an overview of human resource management and strategic human resource management. The author also shows the relationship between HRM and management, manager’s role meaning of strategy, strategic approach to HRM and strategic challenges. Lots of diagrams and explanations are used by the author. This chapter has contributed to my understanding of strategic human resource management by analysingRead MoreStrategic Management : Strategic Human Resource Management Essay1864 Words   |  8 Pages Unit 2 The Reyes Fitness Centers, Inc: The Strategic HR Opportunity Michael Lambert GB520 - Strategic Human Resource Management December 6, 2016 Professor Kenneth Rauch â€Æ' What is Strategic Management? Through this case study I will be discussing strategic management. Strategic management can be defined as a process where an organization attempts to determine what actions need to be taken to achieve the overallRead MoreHuman Resources Management And Strategic Human Resource Management Essay3465 Words   |  14 Pages Q-1(A) Three major difference between human resource management and strategic human resource management Human resource management Strategic human resource management 1. HRM have â€Å"Short term goals† only like give training to the employees etc. For example in Tarmac short term goal is like recruit people for certain project only. 1. SHRM have â€Å"long term goals †like give the cross training to the employees. For example in Tarmac long term goal can be recruit people for long term and in future giveRead MoreHuman Resource Management And Strategic Management Essay2286 Words   |  10 Pagesmajor differences between the human resource management and strategic human resource management first of all let us understand what does human resource management and strategic management actually means in the reality. Meaning of HRM in general words:- HRM can be defined as a procedure of recruiting and growing employees so that they can become irreplaceable assets to the establishment. Meaning of SHRM in simple words:- SHRM is to make sure that human resource management is fully blended into calculatedRead MoreThe Strategic Human Resource Management1254 Words   |  6 PagesINTRODUCTION Proactive management of the employees of a company or organization. Strategic human resource management includes typical human resource components such as hiring, discipline, and payroll, and also involves working with employees in a collaborative manner to boost retention, improve the quality of the work experience, and maximize the mutual benefit of employment for both the employee and the employer. The strategic human resource management was excellent as all employees reported highRead MoreStrategic Human Resource Management1158 Words   |  5 PagesTopics in Human Resource Management Module 1 Case Study Module 1 Case: â€Å"Strategic Human Resource Management† Introduction Human resource management (HRM) has it own challenges, but management is more focus on what HR can offer their organization in the future. Looking back to the evolution of human resource field, it has followed the history of business in the United States and most western countries. HR has evolved from personal management to human resource management and from HRMRead MoreStrategic Human Resource Management72324 Words   |  290 PagesBusiness Management Study Manuals Advanced Diploma in Business Management STRATEGIC HUMAN RESOURCE MANAGEMENT The Association of Business Executives 5th Floor, CI Tower ï‚ · St Georges Square ï‚ · High Street ï‚ · New Malden Surrey KT3 4TE ï‚ · United Kingdom Tel: + 44(0)20 8329 2930 ï‚ · Fax: + 44(0)20 8329 2945 E-mail: info@abeuk.com ï‚ · www.abeuk.com  © Copyright, 2008 The Association of Business Executives (ABE) and RRC Business Training All rights reserved No part of this publication may beRead MoreStrategic Human Resource Management4089 Words   |  17 PagesContents 1. Introduction: 2 2. Strategic Human Resource Management Practices in Samsung: 2 2 a. Samsung overall introduce 3 2.b HRM challenge in Samsung 3 2 .c Samsung strategies 4 3. RECRUITMENT AND SELECTION 5 4. Career management and development 6 4.a HTP concept 7 5. Rewarding 8 6. DIVERSITY AND EQUAL OPPORTUNITY 9 7. Employee welfare 10 Employee wage and welfare 10 Support for housing 10 Children’s education 10 Medical support 11 Support for retirement 11 8. Contribution to the national economyRead MoreStrategic Human Resource Management3790 Words   |  16 PagesSummary: Strategic human resource management is an approach that refers how the aims of the organization will be acquired through people by means of human resource strategies and combined human resource practices and policies. It is also based with viewing the people of the organization as a strategic element for the acquirement of competitive benefit. Strategic human resource model are used to achieve sustainable competitive advantage in the industry. Human Resources Management is the strategic managementRead MoreStrategic Human Resource Management1032 Words   |  5 PagesTo simply define Human Resource Management (HRM), it is a management function that helps managers recruit, select, train and develop members for an organization. Obviously, HRM is concerned with the people’s dimension in organizations. When we say HRM of the organization, it is concerned with all the departments of it. In the marketing department, people consult products or services that lead to the sale. In the sales department, people sell products or give services to the customers. And also

Different Methodologies Of Project Management †Free Samples

Question: Discuss about the Different Methodologies Of Project Management. Answer: Introduction For managing a project and to execute it successfullyproject management is an important method. Project management starts with initiation and then the planning is done with respect to the estimation of the requirements (Leach, 2014). There are different methods ofproject management like PMBOK, PRINCE2, SDLC, Waterfall and Agile. Project life cycle is also discussed with respect to one of the methodology and its process. In this report thedefinition of project management and differences between the methodologies are discussed with the project life cycle. The comparison between the PMBOK and the waterfall model is discussed in the following discussion. Definition of project management methodologies Project management methodologies are defined as the procedures of making a project successful by using different processes like defining, planning, launching, managing and closing a project (Kerzner, 2013). List of different methodologies of project management There are various types of project management methodologies and those are Agile, SDLC, Waterfall, PRINCE2 and PMBOK. Familiarisation with different project management methodologies PMBOK refers to Project management body of knowledge and it is a methodology that is used to make a project successful by using project management techniques like initialization, planning, launching, managing and closing a project. PRINCE2 refers to PROMPT II IN the CCTA Environment. It is another method which is used to manage a project in more structured way (Schwalbe, 2015). Various principles of PRINCE2 project management are experience learning, well understood roles and responsibilities, justification of business strategies. The main strategy of this methodology is to focus on products (Fleming Koppelman, 2016). SDLC refers to system development project cycle. In SDLC the also the same procedures are followed in a iterative or recycled manner. The waterfall model is one of the most popular models and it is applied to make the project done in a sequential way (Larson Gray, 2013). In this method progress is considered to flow downward like a waterfall and also consists of the steps like initiation, analysis, design, construction, testing, production or implementation, maintenance and finalisation of the project. The Agile methodology depends more upon the team work and it is the way of incremental, iterative and empirical approach to make a project successfully done. Comparison of PMBOK and Waterfall model Differences between PMBOK and Waterfall model PMBOK WATERFALL 1. This method is not sequential in nature. Different steps of the process can be designed simultaneously also. 1. Waterfall model is a sequential method. The name Waterfall also refers to the flow of difference steps in the process (Larson Gray, 2013). 2. PMBOK refers to the project management Body of Knowledge. It is not actually a method itself. 2. Waterfall refers to a methodology which is followed in case of the designing of the structure of project management. Similarities between PMBOK and WATERFALL model PMBOK WATERFALL 1. PMBOK contains different steps like starting, estimation, execution and finalising (Schwalbe, 2015). 1. Waterfall also contains many steps which are similar to the steps of PMBOK methodology (Kerzner, 2013). 2. Business development and strategic implementation are the fields of applications of the PMBOMK methodology (Fleming Koppelman, 2016). 2. Waterfall model is also used in business development and strategic implementation of different projects. Project life cycle and different methods regarding it Project management life cycle is the process of making the whole design of the project management structure. It starts from initiation and then planning, execution and finally ends by the closure of the project. It is a recycled or iterative process (Fleming Koppelman, 2016). Sometimes the components of the process may be in structure form or in a flowing form (Burke, 2013). The initiation starts the program and the planning is done to make the outline and strategies regarding the project management task. Execution is the step in which all the planning is converted into the work and the process is ended by the finalisation step. Conclusion From the above discussion it is concluded that project management contains of different methodologies and each and every method is important for the different kinds of project implementation. The differences and the comparisons are also discussed between the PMBOK and the waterfall model of project management. All the project management methodologies follow the basic steps like initiation, planning, implementation and closing. The basic difference between the PMBOK and waterfall methodology is that the waterfall method is sequential in nature. References Burke, R. (2013). Project management: planning and control techniques.New Jersey, USA. Fleming, Q. W., Koppelman, J. M. (2016, December). Earned value project management. Project Management Institute. Kerzner, H. (2013).Project management: a systems approach to planning, scheduling, and controlling. John Wiley Sons. Larson, E. W., Gray, C. (2013).Project Management: The Managerial Process with MS Project. McGraw-Hill. Leach, L. P. (2014).Critical chain project management. Artech House. Schwalbe, K. (2015).Information technology project management. Cengage Learning.