Greenland Rail Company: Strategic Planning and Management

Greenland Rail Company: Strategic Planning and Management Section One In activity 1, we have discussed the initial parts of the strategic planning and analyzed in depth the current scenario of The Greenland Rail Company. To continue further into the affairs of The Greenland Rail Company, here we shall apply the business assessment tools to arrive at a viable solution and evolve a healthy strategy for it or mend where necessary. The strategic planning determines the core idea, modus operandi allocation of resources to achieve the objectives or goals set in the strategic planning. Every business has its core idea and the strategy to achieve the objectives through operational plans. However to keep the operations on track, we need to have some analytical and monitoring measures. We can call them the business (assessment) tools. The idea of having these tools is minute to minute monitoring of the operations and to see if any action is harming the business or going against the strategy laid down. Here is the list of such tools: Is the strategic planning checked or analyzed on the concept of ‘SWOT’ analysis? Are the strategy and the strategic planning documented? Is there any internal audit or the check list for the cross check of actions with the planning? Is there any effective policy and method of remedial measures stipulated? SOPs are an effective tool to keep every action on line with the planning. All above are absolutely necessary for successful running of a business and more particularly for a business of the magnitude of The Greenland Rail Company spread countrywide by its services and utility to the nation. SWOT Analysis SWOT is abbreviation of four words which in fact gives four dimensional view of any issue or idea. There is nothing new in this. Everybody thinks on the pros and cons of an idea before putting it into practical shape or taking practical step. It consists of: Strengths: Under this heading, we see what makes an idea viable if put in practical shape. It starts from the biggest advantageous point to the smallest strength that the idea may have. Weaknesses: This heading covers the flaws in the idea and whether the flaws can be covered or they will make and prove the idea not viable. Opportunities: Having seen the strengths and weaknesses, does the idea still provide us the desired opportunities or any opportunities. This may also mean whether those opportunities that we had in mind, still exist and it is worth committing the valuable resources. Threats: the last part of the analysis is to evaluate threats to the business idea or the envisaged strategy. It is to see if threats are manageable and can be neutralized with some amendment in the strategy or they are big enough to be really called threats and give strong indications of not committing the resources. Documentation Of The Strategic Planning This is an extremely important tool that will go lifelong and will keep reminding the central idea and the principles on which the business is to be run. This provides the base for generating the operational plans for any new ventures within the existing business. The need for documenting the strategic planning cannot be over emphasized. Internal Audit Or The Check List To Cross Check The Actions With The Planning Internal audit and the checklist are two different things but serve the same purpose. The internal audit is carried out by another official of the organization whether the operators are performing correct actions. The checklist provides correct sequence of actions to be done by the operator. The checklist is guiding method whereas internal audit is pointing out the mistakes. However, both have their utility and should always exist. Standard Operating Procedures (SOPs) SOPs are an effective tool to keep every action on line with the planning and in fact operational plan translated in simpler form so that everybody at every level can understand the right way of doing an action. SOPs tell the only way an action has to be done and thatg is the desired action according to the operational plan. Method Of Remedial Measures We can say the last in the series is description of remedial measures. If the SOPs are being followed, no remedial measures are required. They are only for emergencies and accidents. However accidents and emergencies do not occur frequently but remedies should be well thought and well planned. They should be a part of SOPs and be documented properly. In this section we shall see the competitive strengths and weaknesses of the current business strategies. The Greenland Rail Company has: Clear philosophy to provide efficient travel service to the passenger, and, To provide efficient safe and timely transportation of commercial goods. Its strategy is based on the following elements: To schedule its services on the needs of the customers To provide sufficient number of trains To provide sufficient trained staff for operating these trains To allocate sufficient resources for the above To maintain a good standard of its services to attract the major market share. Effective marketing and good customer care service All above have all the strengths and bright chances of success. Despite these strengths it has weaknesses that it lacks locomotive production facilities and expertise, both. This is one weakness that can put the entire plan at stake of failure. However this weakness can be overcome by importing the locomotives in time and by having a good repair and maintenance workshop of its own. Its strengths can be enlisted as under: It can schedule the trains on the needs of the customers It can provide sufficient number of trains It can employ sufficient staff and can train them at its own training facilities It can allocate sufficient resources It can maintain good service standard It can have effective marketing and customers care Its weaknesses can be visualized and enlisted as under: Any breakdown of locomotives can adversely affect the schedule Motivation of the staff can be doubtful and may not prove to be as efficient as ideally required. The competitors, the road transporters can also provide the same facilities with good standard and efficiency. Track needs to be maintained continuously and may not be possible to do it. It is susceptible to miscreant actions and any defect in the track can stop the movement of trains and affect the schedule very badly. The company has single track and lacks the double track facility causing unnecessary delay in allowing the crossing of other train. There can be human error that can cause severe hindrances and even accidents. Despite these weaknesses the company has been running the trains by making an intelligent time table. However the efficiency of double track cannot be achieved by single track. The major problem faced by the company has been shortage of locomotives and making no provision for timely actions. Frustration in employees has been another factor. Core Business Values And Current Objectives Core business values are efficient service for passengers and goods transportation. Safety of passengers, comfortable travel and adhering to strict time schedule are the core values in case of passenger travel service. On the other side, transportation of goods in safe and timely manner are the core values for the cargo service. Its current business objectives are still the same, I e: To operate the trains and make the company a profitable organisation. The costs have to be met under all circumstances otherwise it would not be possible to run the trains under the conditions of continuous loss. The business objectives can only be achieved if there is efficiency in service. It is a circle; efficiency will capture the market and increase the customers and volume of goods to be transported. Low efficiency will cause losses on every side. The market will slip over in the hands of competitors and there will be sharp decline in the health of the company The comparison between the values and the objectives in now lopsided and in unfavorable balance. Values alone can do nothing if not supported by the efficient service. Loss of efficiency will result in loss of customers and cargo and that will push the company towards a sad catastrophe. Presently it is not meeting its objectives and core values are left unsatisfied. Section Two Now there is a need to compare the strengths and weaknesses and develop measures to bring the company back in good health. It may need very critical decisions. It has to do thorough audit and take stock of things. It has to eliminate all negative elements, may be manpower, some trains and some services which are not allowing the company to meet its expenses. Golden handshake, laying off or compulsory retirement may have to be resorted to foe labour turnover and replacing the inefficient and dishonest with better educated, young and enthusiastic manpower. Some sections of the rail service will have to be closed temporarily till the financial conditions improve and expense of less productive trains can be borne. The goods transport service is more yielding, therefore, has to be specially taken care of. Goods trains should be given equal priority and more cargo handling services can be installed for efficient booking, transportation and delivery of the goods. There is a need of job description of each employee and then he has to be supervised appropriately for efficiency and honesty. Options For Future Strategy The Greenland Rail Company has two issues at hand: Future strategy and, Options for the future strategy. Future Strategy Basically it remains the same with slight variation. Its strategy would be: To provide good travel service to the passengers To provide good transportation for the cargo To eliminate all elements causing losses and working against the interest of the company. To evolve efficient check and balance system. To maintain technical efficiency to the state of the art level for mai8ntaining the schedule. There has to be a ruthless accountability of every employee and every system. A very system of accounting has to be implemented. Future Options The long past history of the company has a lot to teach and draw the lessons. It has been running successfully 50 years back and even 30 years back. It started deteriorating in mid 80’s. the reasons could be traced as under: In 1950 it was not in good shape and faced scarcity of resources in all directions. In 1960 it improved its service, by induction of new rolling stock and new generation of diesel electric locomotives. Till 1980 it kept progressing and introduced new services and had better arrangements. However there were major political changes in the country and affected this company also. There is another dimension to the problem as well. It had following factor to affect: In 1950 it had to cater for the needs of population of 20 million people and number of passengers was relatively small. The volume of trade was also not much; therefore it did not have that much stress on any side. In 1960, the need for goods trains increased and population had also risen to 40 million relatively increasing the number of people traveling. Still the company handled the situation in fairly good manner and situation was not that bad. By 1975, the country gone through major political disasters, many resources were lost and the political scenario changed the whole situation in sphere of life. Besides political changes, the population had increased to around 75 million and stress was felt on the rail company. The oil prices escalated and number of passengers had sizably increased and number of industries and industrial unit had also increased. The company had to run the trains under political pressure and losses started showing. Now when the population has risen to 180 million and following g major changes have taken place and all of them have hit the company very badly, sinking it day by day: Oil prices increased tremendously Wages also increased and number of employees increase under the pressure of political govt to provide employment to the people. The operation cost increased tremendously. The balance between income and expense was also lost Company’s debts also increased The condition of rolling stock deteriorated and became unserviceable. The locomotives started breaking down enroute which not only caused the delays and upset the entire schedule but also added to the cost in recovery of stuck up trains. Track needed to be maintained, doubled and new trains needed to be introduced. Cargo handling facilities also needed to be installed at prominent destinations. Nothing was and has been done. Emergence and development of road transport companies has also created lot of competition and snatched a big share of the market reducing the4 business and revenue of the rail company There is a catastrophic scenario everywhere. Some miracle or very drastic measures can only save the organization. In view of the above situation still there is a hope to rescue this great enterprise and restore it to its previous glory. It has following options for the future: Enter into a joint venture with some rail company of another country who is running the railway successfully; or else, Seek the help of govt in paying off the debts. Procure new locomotives, improve rolling stock and suspend service on all unproductive or less productive sections. Accounting system needs to be changed. No collective accounting of all the trains should be done. Each train should be treated as a separate subsidiary company and revenue and expense of each train should be accounted for separately. No loss or decrease of revenue should be shared by other trains. Separate accounting system will exactly pin point the source of loss and reason there of. Criteria For Reviewing The Options Once the options have been analyzed and selected to be implemented, they are to be monitored for strict compliance. A set of rules, and checklist points will have to be framed and made mendatory for compliance. The automatic and most obvious criteria would be results in multi directions. They can be: An increase in revenue Less reports of pilferage and misappropriations Increase in customers and volume of goods transportation. Balance in revenue and expense. The ultimate criteria for the validity of options is volume of profit earned because of the options. Section Three Now we have fair amount of information to evolve a strategic plan for The Greenland Rail Company. It should restructure its strategy on the basis of above analysis. The changes are to be made as under: The basic or the core idea remains same. New rolling stock and locomotives should be procured; or number of trains should be reduced proportionate to resources but the service should be more efficient. All stakeholders should be made aware through wide publicity ensuring a better service The difference should be visible in practical shape rather than announcements only. The increasing costs should not always be passed on to the customers. They should be absorbed by the organisation by improvement in efficiency of systems and plugging the pilferage. Resource Allocation Resource allocation should be in priority as under: In all those areas which are absolutely necessary for provision of service and increasing the clientage. All assets, particularly the rolling stock, locomotives, administrative services get the first priority. The administrative and office expenses should be the minimum. Stores inventory should be maintained at the minimum level or may even be on the principle of ‘Just In Time’ (JIT) No over staffing be allowed under any circumstances. This practice not only increases unproductive costs but also the political inductees cause frustration among the efficient employees. Initially some part of the revenue will go in paying off the debts. Strategic Plan The Greenland Rail Company has the following strategic plan: To revive the company to its previous prestigious position. To provide efficient means of travel to all the citizens with safety speed and in time. To provide efficient goods transport system to the business community. To compete with the road transport industry by efficient services and economical cast to the customers. Vision Statement The Greenland Rail Company is determined to be the market leader in transport industry by providing the best services to the customers at economical costs. We visualize satisfied clientele and satisfied employees to contribute towards betterment of the company and the nation. Our vision is on practical footing and honest effort. Schedule Of Implementation The new strategic plan needs be implemented in the following manner: All operational plans must be reviewed in the light of analysis and new strategy formulated. Overstaffing must be reduced to the right size Trains must be rescheduled keeping in view the company’s present potential and the customers’ needs. Separate accounting for each train be implemented immediately. Monitoring system should be introduced and made more effective. All excess inventory should be first segregated and noted particularly to avoid more purchase and blocking the valuable and limited resources. Start the operation on above outline with a new zeal of efficient service. Conclusion The Greenland Rail Company scenario is worst possible which has dropped from magnificent position to depth of destruction and still striving to regain its position. An analysis has been carried out giving all details and possible way out for the company. Although the difficulties seem very big but remedies are quite simple but need stern action on the part of management. Tough decisions, clear vision and honest effort are the only means available to The Greenland Rail Company. The strongest point in favour of the company is the strong base of business and need for its services. Hopefully it will survive.

Marx and arnold †individual in the class

Karl Marx was one of the most influential ideologues of all times. His ideas fired men to revolutions and empowered them as a class denoted by the proletariat to wage struggle against domination by the bourgeois. (Marx. Engels. Et Al.:1998). His ideology of individual empowerment contributing to class control over society holds sway amongst a large swathe of humanity even to this day. While Marx was a powerful believer in individual power, it was through its regulation that change in society was brought about. This change was not the way a person pleased or sought it to be but on the basis of history and as per existing circumstances. (Marx. Engels: 1986).   In the struggle of the classes, Marx believed that it was individual influence as denoted in labor power which had been undermined over the years by the bourgeoisie. The control granted to individuals through their work denoted labor power which comprised of the prime energy which created a vital force in nations. (Marx: 1999). Marx values labor power as it is the only means which can produce more value than its worth, thus this is the productive value of individuals.   (Marx: 2003).   Class struggle as per Marx begins with individual power generated by personal toil which is coagulated to destroy those elements which work against their interests. Thus Marx believed that the exploitative nature of individual power particularly amongst the bourgeoisie will be brought to an end through collective authority of individuals of the proletariat. (Karl Marx: 2006). Marx states that each man in a capitalist system works in his own interest and thus ultimately results in the destruction of the organism as a whole. (Aron: 1965). The ideal structure for harnessing individual power is thus felt to be the communist system wherein the power of each individual can be channelised for the collective good. An individual’s role is related to his role in class and economic relations and thus his power is also channelised in that direction. (Marx: 1999). The view of individual power held by Marx is thus of production, material creation and contribution to the class struggle. The individual soul loses its power in the collectivity of the class to which he belongs. Arnold was a poet in the Victorian era who is said to have guidance and rationality in an age which was increasingly industrialized and when individuals were losing their moorings to increased vocationalisation of human activity. By adopting the analogies of the Barbarians, Philistines and Populace wherein individuality was subordinated, Arnold attempted to bring back a sense of power to the individual. (Arnold EB: 2006). Arnold’s philosophy of individualism was based on the ability of the individual to change society by following a contrarian approach rather than just blindly following reality. Arnold abhorred the average man who he believed failed to contribute to quality in society. It is the individual who is not average, the, â€Å"remnant† as he called it who contributes most to the social order and democracy. A remnant is required to be humble and should look upwards to some standard. Once a majority of the people assume such a quality, as per Arnold, the whole society will rise above the normal. For raising such a social order, education was a key parameter. Education has to be humanist and religious and not merely utilitarian or sentimental. The scientific temper of education has been reducing the humane standards that people have.   There was a greater need for reinventing education to enable a holistic approach. (The Dialogue: 2006). Arnold calls for finding the best amongst oneself and then follow it. This self needs to be one which is the best and not what is upper most in the mind. An individual should not go against this, â€Å"best light† and ensure that this light is not darkness. (Arnold : 2000). Pursuit of culture which generates beauty and intelligence or what Arnold has called sweetness and light in individual is its main purpose. (Arnold : 2000)   Action by individuals should be guided by such sweetness and light. There should be no fear that such men cannot bear the trials of a tough life, by avoiding rough action. By relying on less random action people can confront such acts. Arnold believed that the central theme of British society was assertion of personal liberty. However he was clearly against individualism resulting in anarchy. (Arnold : 2000) Arnolds identified religion as per Christ as a force which was based on individual proclivities acting on himself rather than injunctions from outside. Thus the individual can gain control over himself and thus contribute to society. (Style : 2006). Arnold spawned the movement of humanism in the United Staes which provided the guiding light of morality from past civilisations for individuals to survive in a world which was turning towards greater individualism and materialism. (New Humanism : 2006). The strength of Arnold’s style lay lies in his use of the satirical and analytic to denote his theories which made them more explicit. (Genre : 2006). The individual power denoted by Marx is one which has been harnessed for creation, production and destruction. (Marx. Engels: 1986). It is power in the individual for action resulting from his labor, as against intrinsic power developed through intermix with education and culture. Marx wants to harness individual power to change society, to bring class struggle; Arnold wants individual power to raise the resistance of humans to survive in an increasingly materialistic and industrialized World. (Marx. Engels: 1986). The strength or power in an individual as per Arnold came from within, while Marx believed that individual power came from the society and the environment surrounding him. The power of individuals as per Marx rests in his ability to produce value through labor, it is to be harnessed collectively, on the other hand, Arnold believes in power of the individual which is derived from his culture and sensitivities and which guides him to do the right things for the overall good of society. (Arnold : 2000). Thus there was a major differentiation between the identification and use of power between Marx and Arnold. Reference 1.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The Dialogue. 2006. The Dialogue Of The Mind With Itself† http://www.nhumanities.org/arnold.htm† (30 May 2006). 2.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Culture and Anarchy. http://www.authorama.com/culture-and-anarchy-4.html. (31 May 2006). 3.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Arnold, Matthew. 2000. Culture and Anarchy : An Essay in Political an Social Criticism (Collected Works of Matthew Arnold). Classic Books. 4.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   â€Å"Arnold, Matthew. EB 2006. â€Å"Encyclopà ¦dia Britannica. Encyclopà ¦dia Britannica Premium Service.http://wwwa.britannica.com/eb/article?tocId=9009580>. (30 May 2006). 5.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   New Humanism. (2006). In Encyclopà ¦dia Britannica. Encyclopà ¦dia Britannica Premium Service: http://wwwa.britannica.com/eb/article?tocId=9055477. (30 May 2006). 6.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Style. 2006. http://www.victorianweb.org/authors/arnold/style1.html. (31 May 2006). 7.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   http://www.victorianweb.org/genre/ej/2c4.html. (31 May 2006). 8.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Karl Marx. 2006. http://www.anu.edu.au/polsci/marx/classics/manifesto.htmlKarl Marx. (31 May 2006). 9.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Marx. 2003. http://plato.stanford.edu/entries/marx/. (31 May 2006). 10.  Ã‚  Ã‚   Aron, Raymond. 1965. Main Currents in Sociological Thought. Basic Books. New York. 11.  Ã‚  Ã‚   Marx, Karl. 1999. Das Kapital. Gateway. New York. 12.   Marx, Karl. Engels, Friedrich McLellan, David. 1998. The Communist Manifesto. Oxford University Press, New York. New Ed edition. 13.   Marx Engels. 1986.   Collected Works. International Publishers.

The Importance of Understanding Diversity in a Business Setting

The Importance of Understanding Diversity in a Business Setting â€Å"Diversity is defined as real or perceived differences among people in race, ethnicity, sex, age, physical and mental ability, sexual orientation, religion, work and family status, weight and appearance, and other identity-based attributes that affect their interactions and relationships (Bell, 2012, p. 5)†. The work force of today is more diverse than ever, and the marketplace progressively more global.By 2010 the number of women in the U. S. labor force increased by almost 10 million, a growth rate almost one-third higher than that of men. The success of a workplace depends on a manger’s ability to promote a work environment that is inclusive to every person, and that allows every employee to reach his or her full potential (Gaines & Wilson, 2005). Benefits of a Diverse Workforce According to Bell (2012) there is a lot to be gained from a diverse workforce.Having employees’ who are from variou s backgrounds can improve the company’s marketing ability by being able to develop products that meet the needs and appeal to a more diverse population. By creating a reputation that values all types of employees can lead to better customer loyalty. Research has shown that groups of people with varying backgrounds bring differences that result in greater creativity and problem-solving abilities. These groups have also displayed more cooperative behaviors on group tasks.The benefits to having a diverse work force are many. Having a work environment centered on creating a comfortable and productive atmosphere requires management’s ability to understand that there are differences but that it is important to bridge these gaps and promote working together as a team. Managing a Diverse Workforce It is important as a manager to acknowledge differences, and promote diversity. Successful managers avoid using stereotypes, and generalities when communicating.Managers need to pay attention and respect people’s  values and beliefs. They should establish relationships with their employees’, and remember that each person has different talents and strengths. They can learn what works to motivate and reward each employee. Employees’ need continued support in working to their potential by having management provide ongoing opportunities for learning and development (Gaines & Wilson, 2005). Educating and offering classes on cultural diversity is a good way for employees to learn about how to interact and work productively with a diverse workforce.Left Handed in a Right Handed World Being left handed the ball sock experiment was interesting. I found that I have adapted in a lot of ways by becoming more ambidextrous. The most challenging part of the experiment was not having the use of both hands. I could not write legibly at all with my right hand, and I found when flipping through a magazine with my right hand I preferred to flip the â€Å"no rmal† way front to back. When I usually flip through a magazine using my left hand I prefer flipping from the back to front.It did give me an appreciation for the challenges faced by those who do not fit into what the society sees as normal. I felt I had a disability and it was challenging to do my normal everyday tasks, plus I got some strange looks from my family. I also learned that it is possible to adapt to new situations. Being a lefty my whole life I have been viewed as different from what is considered normal. Sure I can only use extremely sharp scissors to cut paper, and I can barely use a knife to cut my food but I have never looked at this as a negative thing, I have always felt it makes me special and unique.ConclusionIn closing a diverse workforce is quickly becoming what is normal for today. We must start becoming more aware and understanding of individuals who are not exactly like us. Management must adapt to these changes by realizing that there are many positi ve benefits to having a diverse work force and treat every employee as an individual with different strengths and talents. In order to successfully work in today’s business world we all must be open minded and willing to accept our differences and develop an appreciation for a more diverse population.

Sentencing Guilty Verdict - 1067 Words

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This paper will attempt to explain the importance of proportionality with regards to criminal sentencing, increase understanding of the reasons our sentencing procedures continually fluctuate, identify three groups of individuals protected under the 8th Amendment from receiving a death sentence for a capital offense, attempts to explain the relationship between sentencing and the 6th Amendment, and will discuss the origin of the felony murder rule and its applicability. Assignment 3 - Sentencing II. What is meant by Proportionality? In sentencing proportionality refers to consistency of punishments as they relate to crime. In our attempt to govern behavior and to have it conform to society’s notion of acceptable behavior; it isShow MoreRelatedSentencing After a Guilty Verdict1981 Words   |  8 Pages A sentence is a decree of a punishment assigned to a defendant who was found guilty by a court, or fixed by law for a particular offence. 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