Introduction AirAsia is the airline industry started based on the low cost carrier (LCC) concept in Malaysia. The low cost concept is introduced in the year of 2001 with the belief that “Now Everyone Can Fly” by Tony Fernandes. AirAsia was first established in 1993 and began its operation on 18 November 1996. In the year 2001‚ Anthony Fernandes (or known as Tony Fernandes) bought the airline which is suffering a loss. It was re-established as the low cost carrier after the bought over. AirAsia’s
Premium Airline Low-cost carrier Southwest Airlines
MBA 621 Organizational Structure Organizational structure plays an important role in day-to-day functions of an organization. The delegation of authority‚ work specialization‚ and employee reporting framework are some of the elements that help determine what the organizational structure should be. An efficient structure will facilitate decision making and smooth the span of control or scope managers have over operations. The
Premium Organizational structure Decision making
MMIE – 201 Product Design and Lifecycle Management Unit 1Product Design : Product specifications‚ concept development‚ configuration design involving synthesis‚ analysis and optimization‚ Detailed design‚ Presentation of design‚ Oral and Visual presentations‚ various types of models used in product design‚ Design through creative routes‚ Adaptive and variant design‚ Concurrent Engineering theory. Unit 2Product Lifecycle Management definitions‚ Product data management‚ Evolution of
Premium Management Logistics
14 Principles of Management [pic] According to Henry Fayol management has 14 principles. Henry Fayol listed the 14 principles of management as follows: 1. Specialization of labor. Specializing encourages continuous improvement in skills and the development of improvements in methods. 2. Authority. The right to give orders and the power to exact obedience. 3. Discipline. No slacking‚ bending of rules. 4. Unity of command. Each employee has one and only one boss. 5. Unity of direction
Premium Management
as follows: perceived control (.83)‚ perceived competence (.80)‚ and goal internalization (.88). In the validation sample of 66 employees from a single organization‚ empowerment as measured by the scale was negatively related to organizational centralization while being positively related to delegation. Although there is plenty of anecdotal evidence regarding the success or failure of empowerment attempts‚ it is only recently that researchers have begun to study the empowerment phenomenon in a systematic
Premium Factor analysis
into simple‚ routine and well defined tasks. * Well-defined authority hierarchy - A multilevel formal structure‚ with a hierarchy of positions or offices‚ ensures that each lower office is under the supervision and control of a higher one. * High formalization - Dependence on formal rules and procedures to ensure uniformity and to regulate the behavior of job holders. * Impersonal nature - Rules and controls are applied uniformly avoiding involvement with personalities and personal preferences of employees
Premium Bureaucracy Max Weber
Organizational Design In today’s volatile business environment‚ it is more important than ever that managers‚ whether of a global multinational or a small team‚ should understand the fundamentals of organizational design. Written specifically for executives and executive MBA students‚ the new edition of this successful book provides a step-by-step “how to” guide for designing an organization. It features comprehensive coverage of the key aspects of organizational design‚ including goals‚ strategy
Premium Organization Design Design management
Towards a theoretical framework for Business Process Reengineering Organization theory BPR Informatics Marketing June 1994 Kai A. Simon Abstract Business Process Reengineering has gained a considerable attention in the world of change management during the past years. While more and more organizations embark on the BPR trend it can be concluded‚ that the theoretical bedrock for BPR falls rather short of the concepts ambition of being a solution for a multiplicity of problems
Premium Business process reengineering Process management
They still form the basis of much of modern management thoughts and actions. He also identified fourteen principles that he saw as common to all organizations. They are: Specialization of labor. Authority. Discipline. Unity of command. Unity of direction. Subordination of individual interests. Remuneration. Centralization. Scalar Chain. Order. Equity. Personnel Tenure. Initiative. Esprit de corps. Fayol believed that management was an activity common to all human endeavors in business
Premium Management
The Redman-Childe list outlines the four main characteristics of a civilization that includes: 1) Concentration of surpluses 2) Hierarchical/Class structured society 3) Full-time specialization 4) Large urban centers (cities/states). Characteristics are further divided into primary and secondary‚ with secondary characteristics as significant but not fundamental in the development of a civilization. The primary characteristics from Redman-Childe list will be used to assess ancient China. In order
Premium Civilization Sociology Culture