Distinction between leadership and management has for long been an interesting subject matter for academicians and industrialists alike. There has been a definite shift of focus from management to leadership in the context of business organizations. This shift can be attributed to the need of organizations to sustain their growth in the face of rapidly changing competitive landscape across the industries. The differences in leadership and management have been widely acknowledged but the matter of
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Discussion Module: | Strategic Management and Leadership | Session: | Introduction to Strategy and Strategic Management | Submitted by: | Lord Mills‚ | Exploring Strategy: 9th edition‚ 2010: Johnson‚ Scholes and Whittington: Prentice Hall Publishing LEGO Group: Working with Strategy – pages 542 – 546 1. Explain how the development of strategy at the LEGO Group reflects the key characteristics of strategic management. As a reminder‚ strategic management has three key characteristics:
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Liquidity Ratios: Current Ratio = Current Assets/Current Liabilities Efficiency Ratios Asset Turnover Ratio = Sales Revenue/ (Fixed Assets + Current Assets) Profitability Ratios Net Profit Margin = (Net Profit x 100) /Sales Revenue Return on Capital Employed = Net Profit (Operating Profit) x 100 (ROCE) Capital Employed Solvency Ratios Gearing Ratio = Total Liabilities/Shareholders Equity Investment Ratios Earnings per Share
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Ratio decidendi and obiter dicta Learning objectives At the end of this module‚ you will be able to: * distinguish between ratio decidendi and obiter dicta. * apply well-established rules to identify the ratio decidendi in a decision. This module is intended as a useful exercise in revision. If you are certain that you understand how to discover the ratio in an opinion‚ you should skim lightly over this material. What is the ratio decidendi? As you probably recall from your studies
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Ratio analysis Debt ratio Debt ratio (2006-2007) = Total liabilities / Total assets = 10‚170/12‚064 = 0.84 Debt ratio (2007-2008) = 9‚210/11‚769 = Debt ratio (2008-2009) = 10‚003/11‚229 = Debt ratio (2009-2010) = 11‚043/12‚537 = Current ratio Current ratio (2006-2007) = Current assets / Current liabilities = 3‚424/4‚790 = 0.71 Current ratio (2007-2008) = 2‚164/4‚498 = Current ratio (2008-2009) = 1‚326/5‚389 = Current ratio (2009-2010) = 2‚697/6‚085 = Return on sales (ROS) Return on Sales
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STAFFING This is identifying‚ selecting‚ training and the retention of qualified workers within an organization. This duty is primarily for the first line Supervisor/Manager. People are a company’s most valued asset; therefore‚ the company is to be concerned about the employee from the minute he steps into the firm until he reaches his full potential in his career. EMERGING WORKFORCE Workers with new goals and objectives are coming into the business scene who is more concerned about career
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Nurse staffing refers to the ratio of nurses to patients in a particular unit. The current global nursing shortage is simply wide spread and dangerous lace of skilled nurses who are needed to care for individual patients and the population as a while. A study on the nursing shortage by Linda Aiken of the University of Pennsylvania School of Nursing‚ fund that an estimated 20‚000 people die each year‚ because they have checked into a hospital with overworked nurses. (The American Nurses Association
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NRS-403 Professional Dynamics January 20‚ 2013 ADN AND BSN NURSES In the nursing profession‚ entry-level nurses have either completed an Associate’s Degree in nursing or a Bachelor’s degree in nursing. Both degrees train students to perform at a minimum competency level and both train students to perform nursing tasks in all the main areas which include adult medical- surgical‚ maternal-child‚ and mental health nursing. ADN and BSN graduates are both required to take and pass the NCLEX licensing
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Staffing Project Final Report and Presentation Darnise Jordan Rasmussen College Author Note This paper is being submitted on June 20‚ 2014 for‚ Yulanda Harris’ B433 Human Resource Recruitment and Selection class. JR Smith Training and Consulting Firm‚ Inc. Staffing Strategies Assistance Report Staffing Plan JR Smith can use sourcing as a way to locate qualified individuals and the labor markets to recruit them from. This is a way to identify potential candidates
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Understanding Change Management In Nursing Leaders Nursing Essay Leadership is defined as influencing people to achieve a purpose or set of goals‚ but differentiating it from management causes confusion in many instances (Tappen‚ Weiss and Whitehead‚ 2004; Senior and Fleming‚ 2006; Robbins‚ Judge and Sanghi‚ 2009). Leaders can be managers but not all managers can be effective leaders‚ making leadership an important aspect of effective management (Tappen‚ Weiss and Whitehead‚ 2004). Several attempts
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