Category: Business

Organizations often grapple with change, and two prominent models, the Stakeholder Analysis Model and the Six-Box Model, offer distinct approaches. This essay delves into the intricacies of both, dissecting their steps, pros, and cons, and providing a comparative analysis to aid in informed decision-making. Stakeholder Analysis Model: A Six-Step Process The Stakeholder Analysis Model serves…

We are committed to follow practices that are safe, environment friendly, cost effective and innovative, creating significant value for all Stake holders including Society at large. We shall produce Special Steels and Heavy Forgings of High Quality, meeting delivery schedules, for diverse applications including Nuclear / Thermal / Hydro Power generation, Hydro carbon and other…

Introduction Compensation is an essential and universal component of the management process of every organization. Most organizations want to fulfill their mission, achieve their objectives and maximize return on their investment, particularly on their human capital. Doing so requires that their compensation philosophy, design, delivery and decisions be balanced, fair, focused, and understood by their…

Real Estate and Construction Businesses need to proceed onward from their traditional methodology towards embracing disruptive technologies including Drones, , the web of things (IoT), 3D Scanning and moving every one of their information into Cloud with the goal that they can valuable insights through Analytics and AI. These disruptive Technologies are analyzed regarding their…

Essential rethinking and extreme style to accomplish dramatic enhancement in expense, quality, service and shipment (Hammer & & Champy, 1993; Manganelli & & Klein, 1994). It indicates that business procedure reengineering involves numerous steps that change the entire organisation procedure. This is done to decrease the expense of production of a service or product, increasing…

INTRODUCTION There are many construction companies all over the world. All International construction firms are large multi-billion yards firms that operate in several countries world-wide delivering construction solutions and growth. The majority of international construction companies will have originated with limited operation, normally including one country. A number of the larger construction firms such as…

The Sarbanes-Oxley Act was executed in 2002 for the enhancement of the finical sector through the support of checks and balances. There were concerns concerning the accounting standards. According to the Act, numerous modifications had actually to be made in the monetary reporting and business needed to be examined. Much of the business governance has…

The Wallace group is devised from three sub-groups as: Electronics, Chemicals and Plastics. Harold Wallace was the original owner of the electronics company, but now has 45% of the stock and runs the group as Chairman and President after acquiring the plastics company and then the chemical company. But each of the three groups is…

Enron, once hailed as “America’s most innovative company,” underwent a dramatic transformation from a symbol of corporate success to the largest bankruptcy in American history at the turn of the millennium. At its zenith, Enron stood as the seventh-largest corporation in the United States, renowned for its innovation, technological prowess, and an aura of invincibility.…

Developed in 1960s and refined in the 1980s, the Burke-Litwin Causal Model of Organizational Performance and Change has several key features. Firstly, the model is based on twelve organizational constructs, or theories (Burke & Litwin, 1992). These are external environment, mission and strategy, leadership, organizational culture, structure, management practices, systems, work unit climate, task requirements…