Siemens can use the Pestel analysis tool and Porter’s five forces to carry out a strategic analysis. A PESTEL analysis is a framework important in analyzing and monitoring the macro-environmental factors that impact an organization’s performance. A SWOT analysis tool can also help in conjunction with the pestel tool. Basically all the influences that a …

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The safety calculus at BP to mitigate ecological risk shows the importance of environmental management. Most reactions to the BP oil spill in the Gulf of Mexico have focused on disaster response. Also, the results focused on devastating ecological and broader economic impacts. But, there are some future decision-making, cost, and investment implications for firms …

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This  CRJ 202 corrections assignment will discuss the topics of punishment and corrections and the rise of the penal harm movement. Also,  the ideological and policy space exists to bring about alternative initiatives that emphasize social welfare and challenge the effectiveness of inflicting pain on offenders. The penal harm movement involves “get tough” ideology and …

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This report reviews how to align Human Resource (HR) strategy with business strategy. Having a solid strategy is crucial for the success of any organization. Strategy execution must align departmental goals and strategies to overall business strategy. The most convenient way is connecting employees with business strategies. Engaging employees will enable them to prepare for …

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Starving polar bears are now a common picture while new sea routes are forming due to melting ice. Because of melting sea ice, it is likely that more polar bears will soon starve, warns a new study. The study discovered that large carnivores need to eat 60 percent more than anyone had realized. Climate change …

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Developing great leaders requires focusing on positive leadership traits to ensure success for a company, therefore, Organizations that are serious about leadership development need to make sure they’re investing in the right people. Pinpoint your high-potential employees and focus on developing this group for leadership. Strategies for developing a great leader can vary from company …

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The strategic planning process involves several strategic plan elements. Also, it is a list of steps that managers should follow to implement a strategy. Although the strategic planning process requires great patience, the process can yield highly rewarding results. Strategic planning for nonprofits and public companies is different, but the goals are almost similar. The …

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The psychodynamic theory perspective supports child development theories and helps to understand children’s behavior. The psychodynamic theory perspective is a collection of psychological theories. The group emphasizes the importance of drives and other forces in human functioning, especially unconscious drives. The approach holds that childhood experience is the basis for adult personality and relationships. The …

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This article discusses various ethical practices and social responsibility in strategic management. Strategic planning and Corporate Social Responsibility (CSR) must go hand-in-hand. Ethics involves learning what is right or wrong. When planning for CSR, organizations must approach it ethically. Ethics in strategic management is vital for decision-making. Firms must avoid social impacts, which results from …

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This essay evaluates various management concepts and techniques for organizational performance. Managers must learn how to improve organizational performance before starting their managerial careers. This is because high organizational performance is one of the essential goals for most companies. They must have a theoretical background for managing organizational performance measures. Also, there are many fields …

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