Thirty to fifty of SCHOLARLY journal articles Business Problem in Essay

Thirty to fifty of SCHOLARLY journal articles Business Problem in Rosenbluth international - Essay Example As stated by Clemons and Hann (1999), companies which are successful find it difficult to change their policies in accordance to the changing business environment. This notion identifies and sheds light on the difficulty and complexity that is associated with the implementation of an effective change management strategy and reorganization of business operations. In the case of Rosenbluth International, this required alteration in company operations has been prompted by the prospects of disintermediation that the organization currently faces, which in turn have been triggered by the continuation of a significant period in the industry of travel brokerage that is essentially marked by a major restructuring of the entire industry (Clemons and Hann, 1999). According to Clemons and Hann (1999), the drastic changes that are being experienced by the travel industry can be associated with dynamics of the competitive environment. ... dustry by analysts highlights the alarming situation for travel agents as hotel chains and airlines intend to raise the scope of their revenue generation by launching electronic distribution systems. Furthermore, Carroll and Siguaw (2003) claim that the popularity of internet-based room reservation has allowed hotel owners to gain complete control over various methods of distribution which is threatening to the wellbeing of Rosenbluth International. Another challenge faced by Rosenbluth is not only rooted in external competitive pressures that are posed by other travel agents but is also caused by the commission cuts which have been introduced by hotels and rental companies thereby, prompting the organization to raise its charges by $10 to $15 (McCubbrey, 1999) to soothe the incurrence of unexpected expenditures. An examination of the case suggests that the challenges being faced by Rosenbluth are largely based on an increase in expenses and a decrease in the revenues being generated by the firm due to the introduction of electronic distribution systems by major travel-based businesses and a reduction in commission caps that are being earned by competing organizations. However, once the case is viewed from a varying perspective it can be comprehended that the issues which Rosenbluth is currently experiencing are also a consequence of the widespread availability of substitute services such as bargain prices and the incorporation of effective and pioneering business models such as reverse auction and auction. Discussion Given the present scenario and the challenges posed by the competitive environment in which Rosenbluth International operates, it would seem most appropriate to install an online reservation system to equip the organization with the technological tools

International leadership and HRM Essay Example | Topics and Well Written Essays - 2500 words

International leadership and HRM - Essay Example The connotation of innovation with technological advancements has been made by several researchers due to the extravagant usage and dependency of organizations (Perrin, 2010). The eradication of human workforce is also deeming to be happening in the coming days. The products and services oriented organizations strive to optimize their business endeavors by the induction of innovation and originality (Kobayashi, Booth and Gaul, 2012). The essence of innovation is to transform business expeditions into trouble-free and uncomplicated mechanisms, which would result in increased productivity and profitability. Organizations such as Wal-Mart, Nike, Marks and Spencer and Dell have transfigured their operations splendidly by introducing innovative features in their business processing units. The revolutionizing of organizational practices into more productive and dynamic ways requires specific environment, culture and atmosphere to act in (Tidd and Bessant, 2011). Leadership styles play pivo tal role in the organizational development and expansion phase. The change intervention strategy in the firm is highly dependent on the way leader performs his activities. In this regard, distinct leadership styles can be followed. The following of a particular leadership style escorts the path of performing activities precisely. The enactment of jumble leadership styles cannot be constructive as direction determination can be trembling and employees would be puzzled about the orientation and performance of duties. The leadership style deployment should be made wisely by acknowledging ground realities and competency of employees (Shriberg, 2011). Purpose and Objectives: The purpose of this essay is to exemplify about the global economic conditions rampant and highlight about the measures to make business processing viable. The commencement of innovation and creativity in the firms is discussed in this paper. The objective is to present in-depth concrete analysis about the virtue and caliber of innovation strategies and how come they would benefit the organizations. The impact factor of innovation and creativity on the organizational outcomes has been elucidated. Examples of the leaders and organizations, where certain leadership styles were followed are presented. Furthermore, classification of leadership styles and their effectiveness is listed too. The objective remains to present comprehensive details about international human resource management and the role of leadership in the transformation of organizations. Innovation and Creativity Definition and Theme: According to Hokanson and Miller (2000), the term innovation can be defined as incepting something new and unique, which creates value and has not been urbanized yet. Innovation can be brought into the manufacturing of a product or in the services exceptionality segment. Creativity is stated as the temperament of thinking out of the box and generating distinctive ideas which would help individuals, org anizations and masses. The creativity element can be helpful in solving problems and issues too (Sawyer, 2012). Innovation and creativity side by side in the organizations. The role of both these objects cannot be sidelined. The inauguration of innovative and creative themes in the organization helps to achieve mission and vision of the firm in the respective time