Saturday, October 5, 2019
Evaluation of myself Essay Example | Topics and Well Written Essays - 750 words
Evaluation of myself - Essay Example As per my mother, I was always a disciplined and good natured person who has evolved into a responsible and reliable personality. It goes without saying that while constructing this configuration; my mother was to a large extent biased pertaining to the selection of data she subscribed to, to shape my persona. The information that she relied on to typify my configuration was primarily obsolete, as she had either little information as to how I carried myself as a socialà and professional person, or she decided to ignore the information at her disposal, going by the choice of words that she used to define me. Not to mention that such a response from her was accurately in consonance with my expectations, though not in tandem with my innate self concept. I can say that my motherââ¬â¢s opinion of me was aimed at securing optimal relational satisfaction for her. The configuration contrived by my mother catered to my innate self concept that is adhered to a large extent to the stable set of perceptions that I held about myself. This indeed boosted my self esteem as it satiated that aspect of my, self concept that involved personal evaluations of my, self worth. I also need to mention that this particular interaction with my mother proceeded smoothly as her and mine communication was indeed impacted by a mutually evinced high self esteem. As my mother happens to be a ââ¬Ësignificant otherââ¬â¢ in my life I must acknowledge that her evaluation of me was especially taken to be quiet influential. à This evaluation was no way influenced by any viable and pragmatic social comparison. Wang had been working as my subordinate for the past ten months and in the context of personal expectations, I considered him to be quiet close to me, irrespective of him being my subordinate. However, the configuration that Wang assorted turned out to be really surprising yet insightful in many respect. As per Wang, I happened to be a talented person, who lacked in patience and many a times he found me quiet confusing and indecisive. The conclusions arrived at by Wang tore through my, self serving biases as I considered myself to be quiet a patient and calm person. However, ascribing me to be impatient was indeed contrary to my expectations. Besides, in a way it turned to be insightful that I had always assumed Wang to be like me, which he was not. The configuration of Wang was always culturally influenced as he happens to be a person of Chinese origin. Being from a high power distance culture, perhaps Wang expected me to be hierarchical in my approach towards my subordinates, whic h I being from a low power distance culture, scarcely am. My habit of delegating responsibilities while extending minimal instructions may have turned out to be quiet unsettling for Wang, when he always expected me to be clear and concise with my professional expectations. The configuration facilitated by Wang especially upraised me of the need for retaining a flexible self concept and the need for not over resisting the revision of my personal self concept. Thereby while communicating with Wang I tried my best to not to engage in cognitive conservatism that is seeking only such information that bolstered my
Friday, October 4, 2019
Impact of Oil Discovery on State-building in Saudi Arabia Essay
Impact of Oil Discovery on State-building in Saudi Arabia - Essay Example Unlike other countries that have a diversified economy, Saudi Arabia depends on oil revenue to build its economy. However, oil prices have become very volatile with prices surging up and down, an aspect that affects the consistency of the countryââ¬â¢s economy. The reason is that the country depends heavily on the global oil market which is faced by very high risks and uncertainties in order to make its future plans regarding the progress of the economy. With the increasing levels of globalization resulting from the liberalization of markets, efficient flow of information and integration of economies across the world, it has become very hard for a single country to make its single decisions without considering the effects of the global market. However, unlike other countries which have a diverse source of revenues, Saudi Arabia has stuck with oil in order to spearhead growth and development of the economy. Therefore, since the financial crisis which had a major impact on the spend ing of many countries, the Saudi economy has been greatly affected. This aspect has stalled very many projects which could have stabilized the economy. The oil discovery has enabled the country to establish various structures that make it possible for the country to achieve economic growth. Research indicates that the Saudi government has been critical in investing in the education sector. The country has improved the infrastructures in this sector. It has equipped its research centers especially the departments that deal with oil production.
Thursday, October 3, 2019
Financial Business Startup Essay Example for Free
Financial Business Startup Essay A major responsibility for new Financial Advisors is to formulate and conduct marketing strategies to develop and enhance client relationships. These activities are normally documented through a marketing plan. Using this document, you are asked to answer hypothetical question ââ¬â if you were to be hired as a financial advisor, what would your business plan look like? How would you get the word out that you are a Merrill Lynch Financial Advisor? Who would you contact? How would you contact them? How would you tell them your story and the Merrill Lynch story? This document will help you build a preliminary business plan. Keep an open mind as you are asked to think about all the people you touch in a typical day, as well as those people you have touched in the past. These individuals can be potential clients or be a great source of introduction to others who may need your services. Good luck! Feel free to write your responses on a separate piece of paper. Section 1: Your Vision 1. What is your 3-year vision for your business? 2. What are your 3-year personal financial goals? . Please rank order the following in terms of your greatest interest/passion to least. Please describe the personal attributes you have that you believe will contribute to your success as a Financial Advisor. 5. What do you believe ML and your local Management Team can provide to you in your first 90 days in order to help you be successful? 6. Why have you chosen the Financial Services Industry? More specifically, why have you chosen ML? Section 2: Centers of Influence ââ¬Å"Centers of Influenceâ⬠are individuals in our lives who tend to be well known, well liked and very well networked. ââ¬Å"Centers of Influenceâ⬠are valuable in making introductions to people that we may be able to help as Merrill Lynch Financial Advisors. Below please record the name of ten people who are ââ¬Å"Centers of Influenceâ⬠in your life and state what groups they can connect you with.
An Overview Of Societal Marketing Marketing Essay
An Overview Of Societal Marketing Marketing Essay The notion of societal marketing implies that an organization exists not only to satisfy customer wants but also to preserve or enhance individuals and societys long-term best interests. (Lamb, 1997 Page 9). This concept holds that the organization should determine the needs, wants and interests of target markets and deliver the desired satisfaction more effectively and efficiently than competitors in a way that maintains or improves the customers and societys well-being.(Kotler, 2006, Page 22). According to Kotler (2006, p 15-16), the societal marketing concept represents the highest level of evolution in marketing philosophies. This philosophy evolved from earlier hierarchal philosophies of product, production, selling and marketing. Kotler (1972, 1977b, 2006) suggests that the societal marketing concept encapsulates a more enlightened marketing philosophy which attempts to harmonize the goals of business to the occasionally conflicting goals of society. The concept of societal marketing is based upon a vital proposition that wants of the consumers do not always concur with their or societys long-run interests. Therefore, marketers should place the importance on long-run consumer and societal well being (Kotler, 1977b). Consequently, the societal marketing concept endorses and justifies the social responsibility of business in the society and refutes Friedmans notorious statement that the social responsibility of business is to make a profit (Friedman, 1962). The concept of societal marketing was catalyzed by the consumerism movements of later half of 20th century (Winsor, 1999). For the first seven decades of the 20th century, marketing was purely considered a business activity and it was almost unimaginable that marketing could be regarded as anything but a business activity until late 60s. Lazer (1969, P3) sparked the foundation of a new marketing concept by stating that marketing must not only serve business but also the goals of the society and that the contribution of the marketing extends beyond the formal boundaries of the firm. He served the view that marketers cannot be forgetful of individuals and societal norms. This contribution of Lazer was subservient in flourishing the boundaries of marketing from the sole objective of profitability to include intrinsic values of concern for society and the development of people. The work of Kotler and Levy (1969a) led to the broadening of the whole concept of marketing. They asserted that marketing was a pervasive societal activity and suggested that there are great opportunities for marketing people to apply their skills to wide range of social activity. Besides, the wave of consumerism in later half of the 20th century had virtually nullified all the previous marketing concepts. Barksdale and Darden (1971) found out in a survey that a significant circle of scholars and managers believed that the rise in consumerism was an expression of the deficiency of the prevalent marketing concepts. This failure of the marketing concept then sparked the consumerism to became the basis for a revised marketing concept which Kotler (1972) propounded as the replacement to the failed marketing concepts. Therefore, the societal marketing concept was apparently founded upon the leftovers of its predecessors. This is how the concept of societal marketing evolved in the later half of 20th century and progressed into 21st century. In 21st century, most organizations are becoming progressively interested about handling societal issues in marketing to provide benefits to all the stakeholders in the society, including organization, customer as well as society (McAlister Ferrell, 2002; Waddell, 2002;) and there is an increasing trend towards the concept of societal marketing and green consumerism among marketing departments of various organizations (Prothero, 1990). Today customers do not merely choose a product based on product and quality, rather they are keener in brand power and companies that are concerned about society and environment have an impact in customer purchase decision (Fellman, 1999). Societal marketing has grown in popularity and usage within various aspects of society and specific social causes could benefit from societal marketing such as public health, pollution control, mass transit, private education, drug abuse. (Andreasen, 1995; Grier Byrant, 2005; Kotler Zaltman, 1971; Ling, Franklin, Lindsteadt, Gearon, 1992; Siegel Doner, 1998). Various industry surveys conducted over the years have shown positive influence of societal marketing on consumer perception and corporate image (Cone Inc., 2002; Cone Inc., 2008a; Cone Inc., 2008b; Jayne, 2001). It has been found out that given price and quality are same, 75% of consumers exhibit willingness to leave the brands currently under their use and choose to rather buy products from brands that support a charitable cause (Lorge, 1998). In another study, 80% of the consumers favored companies that endorse a charitable cause while 86% were of the view that they would rather switch and purchase a product that supports a cause given that price and quality were equal. Moreover, it has been stated that organizations adopting the societal marketing concept are likely to be more profitable in the long run apart from being beneficial to society as a whole (Abratt Sacks, 1988). Companies that support charity and show concern regarding social issues invoke a better image on the market resulting in a better repute and higher sales (Mason, 1993). Societal marketing offers tremendous opportunities for organizations as well as the society. Several studies indicate that there exist ample market segments that are ready to switch brands for the right cause at the right price. Besides this, there also exist segments that are prepared to switch brands without caring about price and quality. Therefore, it can be stated that corporate image related to promotion of public good and specific causes can wield strong effect on customer behavior (Barone, Miyazaki, Taylor, 2000; Bloom, Hoeffler, Keller, Meza, 2006; Hoek Gendall, 2008). Cause-related marketing is highly implicated in the concept of societal marketing in which organizations extend specific amount of contribution to a certain cause when customers undertake revenue generating exchanges that meet organizational as well as individual objectives (Andreasen, 1996). Therefore, it is reckoned as a variant of societal marketing concept (Kotler, 2000) and implies connecting companys product or service to a relevant social cause for the mutual benefit of the organization and society (Pringle Thompson, 1999). There have been various reported business cases indicating that societal marketing lead to remarkable increase in the revenues and position of organizations (Adkins, 1999; Balabanis, Hugh, Lyall, 1998; Kotler, 2000). Cause-related marketing implies emotional and rational involvement of consumers (Bloom et al., 2006) which renders societal marketing advantageous for the company (Andreasen, 1996; Kotler, 2000). Another concept closely related to the concept of societal marketing is that of corporate social responsibility which includes corporate social actions whose purpose is to satisfy social needs (Brà ¸nn Vrioni, 2001; Moir, 2001). Realizing corporate social responsibility and undertaking cause related marketing is a tool for increasing customer loyalty and building reputation (Brà ¸nn Vrioni, 2001). The change in corporate image attributed to cause-related marketing campaigns appears to depend a great deal on how customers perceive the reasons for companys involvement in cause related programs and the amount of help given to the cause through a companys involvement (Webb Mohr, 1998). The concept of societal marketing and corporate social responsibility is relatively new as discussed above. Existing literature on the subject and observations indicate that this concept is not a common practice in Pakistan and a number of firms have started using this approach only recently. It has been noted that the concept of social responsibility as exhibit in the West is clearly nascent in Pakistan (Ahmad, 2006; Lund-Thomsen, 2004). However, there are external pressures driving the acceptance of societal marketing values and practices in the country and therefore there is recent evidence of substantial corporate socially responsible activity in Pakistan both in the corporate sector. The concern for employee welfare, health, and the environment has been found for Pakistan (Ahmad, 2006). Some of the leading companies in Pakistan practicing societal marketing and corporate social responsibility are Fauji Group, English Biscuit Manufacturers, Barclays, Procter Gamble, Hinopak, ICI Pakistan, Indus Motor Company, Mobilink, PTC, Shell and TetraPak. Despite the enormous growth of societal marketing practices and related concepts across the world, empirical research is still scarce in this subject (Berger, Cunningham, Koziets, 1999), particularly in Pakistan. SIGNIFICANCE RATIONALE The rationale and justification behind this research is that although a significant body of knowledge on societal marketing and corporate image exists, there is very little research on the concept of societal marketing in Pakistan. There are various questions particularly concerning the influence of societal marketing on consumer perceptions of corporate image and their purchase intention and behavior in the context of Pakistan which needs to be investigated through empirical research. Having reviewed the relevant literature, it may be propounded that this is the first research study on the influence of societal marketing on consumer perception of corporate image in the context of Pakistan. Besides, there has been a gap in the literature regarding impact of societal marketing with respect to demography this study will also attempt to disclose the influence of societal marketing efforts on young consumers. Apart from contributions to the theory, this research study will attempt to make practical share to the knowledge of societal marketing for the practitioners of this concept. This research will provide empirical information to marketers so that they take informed decision while applying societal marketing to distinguish themselves from competitors. Organizations may apply the findings to run successful societal marketing campaigns. OBJECTIVES To inquire into the research problem, the specific objectives this study is designed to address are: To understand the extent and nature of societal marketing programs in Pakistan. To estimate the effectiveness of societal marketing campaign of an organization working in Pakistan. To develop a framework for finding impact of societal marketing on attitudes of young consumers regarding corporate image. To have better understanding of demographic factors (gender, age, education level) that influence consumer attitudes toward corporate image. Kotler, Philip; Brown, Linden; Adam Stewart and Armstrong, Gary (2001), Marketing Creating Value, Marketing, 5th Edition, Chapter 1. Prentice Hall Publisher. Brown and Dacin (1997) find evidence to support the contention that a firm regarded as socially responsible will have a more favourable corporate evaluation from customers. Fellman, M. (1999). Cause marketing takes a strategic turn. Marketing News 33(9), 4. , Joseph F. Hair, Carl McDaniel 0 Reviews Cengage Learning, 2007 Business Economics 671 pages Marketing for Hospitality and Tourism, 4th Edition By Philip Kotler, John T. Bowen, James C. Makens ISBN-10: 0-13-119378-3 ISBN-13: 978-0-13-119378-9 Published by Prentice Hall à ©Ã 2006 Pub. Date: Jun 29, 2008 Format: Cloth Lorge, S., Brewer, G. (1998). Is cause-related marketing worth it? Sales Marketing Management 150(6), 72. Cone Inc. (2004). 2004 Cone Corporate Citizenship Study. Retrieved March 28, 2007 from www.mybizwarehouse.com/2ndbusiness/2004ConeCorporateCitizenshipStudy.pdf Kotler, Philip; Brown, Linden; Adam Stewart and Armstrong, Gary (2001), Marketing Creating Value, Marketing, 5th Edition, Chapter 1. Prentice Hall Publisher. Robert Winsor, Social Responsibility, Consumerism, and the Marketing Concept. Social responsibility, consumerism, and the marketing concept RD Winsor Southwestern Marketing Association, 1999 Ahmad, S. J. (2006). From principles to practice: Exploring corporate social responsibility in Pakistan. Journal of Corporate Citizenship, 24, 115-129. Lund-Thomsen, P. (2004). Towards a critical framework on corporate social and environ-mental responsibility in the South: The case of Pakistan Development, 47(3), 106-113. à · ^ William Lazer, Marketings Changing Social Relationships, Journal of Marketing, Vol. 33 (January 1969), pp. 3-9 à · ^ Philip Kotler and Sidney J. Levy, Broadening the Concept of Marketing, Journal of Marketing, Vol. 33 (January 1969), pp. 10-15
Wednesday, October 2, 2019
Detecting the Functional Gastrointestinal Disorder based on Wavelet Tra
In recent years, researchers have developed powerful wavelet techniques for the multi-scale representation and analysis of signals [1][2][3][4][5]. Wavelets localize the information in the time-frequency plane[6]. One of the areas where these properties have been applied is diagnosis. Due to the wide variety of signals and problems encountered in biomedical engineering, there are various applications of wavelet transform [7][8][9][10]. Like in the heart, there exists a rhythmic electrical oscillation in the stomach. With the accomplishment of the whole digestive process of the stomach, from mixing, stirring, and agitating, to propelling and emptying, a spatiotemporal pattern is formed [11]. The stomach has a complex physiology, where physical, biological and psychological parameters take part in, becoming difficult to understand its behavior and function. It is presented the initial concepts of a mechanical prototype of the stomach, it uses to describe mechanical functions of storing, mixing and food emptying [12][13]. The nature of gastric electrical activity in health and disease is fairly well understood. In man, it consists of recurrent regular depolarization (slow waves or electrical control activity-ECA) at 2.5 to 4 cycles per minute, and intermittent high-frequency oscillations (spikes or electrical response activity-ERA) that appear only in association with contractions. The oscillations commence at a pacemaker site high up in the corpus and propagate to terminate at the distal antrum. The velocity of propagation and the signal amplitude increase as the pylorus is approached. ECA are the ultimate determinant of the frequency and direction of propagation of phasic contractions, which are responsible for mixing and transp... ...ls from their wavelet coefficients, before they are applied to a static neural network for further classification. The design of neural network is simple because only interesting features of GEA types are presented. The experimental results show that itââ¬â¢s possible to classify GEA types by using this simple neural network architecture. We present the results from a network which is trained on sample types. The approach of classifying the output of a feature detector offers greater computational efficiency and accuracy than that of attempting to use a neural network directly upon a GEA signal, and yet preserves the ability to train and flexibility of a neural network. Section 3 of this paper describes the architecture of a network to classify the GEA types for detecting abnormalities. Experimental results of training and testing a network are presented in section 6.
Tuesday, October 1, 2019
Buying A Computer :: Technology Market Analysis Informative
Buying a computer today is much more complicated then it was ten years ago. The choices we have are abundant, and the information we must gather to make those choices is much greater. The average consumer is a more educated buyer; they at least have some ideas of what they want in a computer. Yet, we must still ask ourselves these significant questions; such as: What will the primary function of my computer be? What computer components should I consider at the time of purchase? How much money do I have to spend? Where should I go to purchase my computer? For this report, I will consider the requirements of a typical family: using a mini-tower PC with the Windows 95 operating system, word processing, and entry-level publishing programs; as well as, an anti-virus package, games with high-level graphics and sound, and the internet. I will also consider the following components; those essential for the computer to work faster, and more efficient. They are as follows: Central Processing U nit (CPU) ââ¬â System Memory (RAM) ââ¬â Storage Device(s). The following is a detailed look at the CPU, RAM, and Storage devices; the important components that you should consider when purchasing a PC. Computer systems, particularly the higher-end models, come in several Configurations: desktop, mini tower, or tower. The configuration you chose should depend - to some extent - on the amount of expansion, (if any) you may want to plan for in the future. Most tower configurations have a greater amount of expandability than mini tower and desktop models. Also, the amount of space that you have in your home for the system should be taken into consideration. Tower configurations are usually placed on the floor; (however, not the mini tower models) whereas, desktop models are made to sit on the surface where the keyboard and monitor are located. The first consideration is the CPU. Today, the Intel Corporation is still the leading manufacturer of microprocessors. However; other chi p manufacturers, such as Cyrix and AMD, are rapidly climbing the industry ladder to compete with Intel in the CPU marketplace. Although these other microprocessors are probably just as good as an Intel, there may be some subtle differences in them that may affect their performance. The speed of the processor is very important; this is the measure of its clock rate - which indicates the number of instructions that can be processed per second.
Week 6 Individual Project
Week 6 Individual Project Introduction A new innovative warehouse system it is been introduced to ease the movement of items in warehouses this system includes autonomous mobile vehicles which will move quickly through the warehouse and load and move orders to the fulfilment platform. An entrepreneur, Dr Ryan O'Neal, and an investor, Jeff Hoffman investing $12 million in this project as a startup capital, Dr O'Neal have a good deal of experience in mobile robotics while Jeff Hoffman is an investor with a rich experience in warehouse management, supply chain management, and fulfillment technologies.As mentioned PMBOK Guide that usually project initiated to achieve organization strategy plans like market demands, business opportunities, technological advancements and customer requests (PMBOK 2008 p. 10) Mission of statement: Sturata Inc. mission is to be the market leader in making innovative operating systems in production warehouses. That will enable our clientââ¬â¢s quality produ ction and profitability. And also to concentrate on delivering the best advanced innovative technology with a vision of building up a relationship between humans and machine through our systems and technology. Company goals:With rapid pace of technology business our company Sturata Inc. vision is to be engaged in cooperated global research and building up networks for the development of global markets. Our employees are our main assets to achieve our goals therefore collaborated culture is designed to encourage, develop and enhance their creative ideas to cope up with the fast changing technology business. Company Objectives: The project objective is to launch the product within 10 months from the start of the project. To fulfil the requirement of committed customers in the U. S. in order secure future venture funding. Company philosophy:Our plan to create learning environment to embrace our values and diversity at Sturata Inc. have clear goals and objectives to everybody and encour age collaboration and cooperation among the team members in order to engage them to achieve company goals and objectives. Project Statement To create the start-up company for production and installing autonomous mobile vehicles within 10 months from the start date and the required production operation at a rate of 50 units per week . Company name: Sturata Inc. Company business: Manufacturing and supplier of autonomous mobile vehicles. Company type: joint venture.Company organization structure: functional organization structure. Company location: Vermont, USA Sturata Inc. Company will be setup in Vermont, USA. The initial market for the new company will be inside the United States after that there is an idea of opening a production centre in China. Organization structure: The purpose of the Staffing (resource) management plan is to know and determine the required resources types and quantity for the project (Sanghera, 2010). 1. President and CEO (Chief Executive Officer) Jeff Hoffman strong background in warehouse management, supply chain management. 2.Vice president, engineering and the CTO (Chief Technical Officer) Dr Ryan O'Neal is an expert in mobile robotics 3. Project manager COO (Chief Operating Officer) YNJ has experience in managing projects under different organisational structures as functional, matrix and projectized structures. 4. CFO (Chief Financial Officer) Vacant. 5. VP, Administration. Miss Yamaguchi has earlier experience of setting up two start-ups in cross-cultural configurations. 6. Design and development team which will be contracted through small company called Ryoichi in Tokyo, Japan will be responsible for the design of the autonomous vehicles. . Human resources department. 8. Safety health and environment department 9. Technical and designing department taking care of the quality issues too. 10. Assembling team 11. Finance department 12. Administration and legal department 13. Logistics department 14. Marketing department As stated in PMBOK Guide that ââ¬Å"organizational structure is an enterprise environmental factor which can affect the availability of resources and influence how projects are conductedâ⬠(PMBOK 2008 p. 8) so it is vital process in the beginning of any project to build up the right organization structure. Iââ¬â¢d rather used projectized structures because such organization supports the direction of this project as indicated by Meredith, J. R. ; Mantel, Jr. , S. J. (2009) that project oriented organization supports the need of fast respond to market, new product development and the confidence of stakeholders in their understanding of their roles , responsibility and the activity control within the organization. In order to integrated the Ryoichi employees into Sturata Inc. rganization two things very important need to be communicated to the team as mentioned by A ; C Black (2007)à * 1st the purpose and the objectives of the team need to be clearly defined and adopted by all team mem bers. * 2nd functions tasks and role of each individual need to be agreed and made clear to him. Sharing the objectives of the company and clarifying the roles and responsibilities for the new team members as a project manager will build up trust between you and the team manages expectations and help in communications too. Schedule 1.Phase 1) Research, Design and Development 2. Phase 2) Production. And production will lag during the first phase. 3. The product needs to be extensively tested in a live warehouse environment before it can be rolled out to the customer sites. 4. The project team needs to be assembled. So employment of project staff needs to start quickly and as soon as they get hired they should start contributing to project work. 5. 1,000 staff-months. will be needed for technical and engineering work. 6. Supply chain management set up should be in place by the end of Phase A.Change ; Risk Management In rapid changing business environment is important to set up a syste m to control all kind of changes that could happen in the project, Baca indicated that there are three different elements related to change management 1st the authority level of the project manager 2nd setting up environment among the project team to accept and know how to deal with change 3rd setting up a change control system involves tracking the change request and how handle all kind of conflicts related to it.. (Baca, C. 2005). Unresolved conflicts can be destructiveâ⬠as stated by A. ; C. Black. So in order to resolve the conflict between Jeff Hoffman and Dr. O'Neal about Ryoichi first not to personalize the subject, clarify the issue and make the necessary investigation to find the root cause and then make your action plan forward to resolve the conflict. (A & C Black 2007) One of the risks that involved in such project is stress therefor project manager should manage team stress as stated in Emerald Insight Staff. (2005) ââ¬Å"A practical three-step process for managin g workplace stress is: 1.Assess the workplace for factors that contribute to harmful stress. 2. Implement stress. Stress management measures to reduce workplace 3. Monitor the progress and implement adjustments as appropriate. (Cal/OSHA, 1998)â⬠PM has to deal with his stress and his team stress as above mentioned in order not to let it affect his and theirs performance which will lead to project disturbance. Communication plan: In order to manage the project and the team successfully a communication plan should be set to ease the flow of information among the project team members as indicated by A. amp; C. Black ââ¬Å"in your role as team leader it is your responsibility to get everyone pulling in the same direction ââ¬Å"and this can happen when you set some elements like free flow of information, open communication, frequent feedback, meetings and building up a listening culture. (A & C Black 2007) Below is sample of communications styles and frequency should be used throu ghout the project. Stakeholder| Communication style| Frequency| Owners and Sponsor| Progress reports: email| Daily|Sponsor, client and project team| Product reviews meeting| Scheduled | Sponsor, client and project team| Questions/answers: email and cell phone| when needed| Sponsor, client and project team| Progress reports: email| Weekly| Quality plan Product needs to be extensively tested in a live warehouse environment before it can be rolled out to the customers so a well-defined quality plan needs to be established it is important for the company reputation not to hand over bad quality product as stated by Wysocki ââ¬Å"A sound quality management program with processes in place that monitor the work in a project is a good investment.Not only does it contribute to client satisfaction, it helps organizations use their resources more effectively and efficiently by reducing waste and revisionsâ⬠(Wysocki, 2009 p. 10) Conclusion It is very important to set the right processes a nd clear out company strategies in order to support smooth operation of the company. as such industry are accompanied with continues changes so setting up management and change processes is crucial to the success of the project. References:- * Project Management Institute. 2008) a guide to the project management body of knowledge (PMBOKà ® guide). 4th Ed * Sangerah, P. (2010) PMP in Depth: Project Management Professional Study Guide for the PMP Exam: 2nd Edn. Boston:Course Technology * Wysocki, R. K. (2009) Effective Project Management ââ¬âTraditional, Agile, Extreme. 5th Edn. Indianapolis: Wiley Publishing Inc. * Meredith & Mantel, J. R. & Mantel, S. J. Jr. (2009) Project management: A managerial approach. Hoboken, New Jersey: John Wiley & Sons. * Baca, Claudia. 2005 Project Manager's Spotlight on Change Management.University of Liverpool Online Library [On line] Available from http://site. ebrary. com/id/10131902? ppg=16 (Accessed: 15 March 2013). * A ; C Black (2007) Steps t o Success: Manage Teams Successfully University of Liverpool Online Library [On line] Available from http://site. ebrary. com/id/10196621? ppg=12 (Accessed: 16 Feb 2013). * Emerald Insight Staff. (2005) Stress management. University of Liverpool Online Library [Online]. Pp. 61-65. Available from: http://site. ebrary. com. ezproxy. liv. ac. uk/lib/liverpool/docDetail. action? docID=10149898 (Accessed: 21 March 2013).
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