Leading Global Workforce Assignment Example | Topics and Well Written Essays - 500 words - 4

Leading Global Workforce - Assignment Example important for the firm to shape its organizational culture in a way such that the capabilities identified can be employed to address the market challenges and emerging market opportunities. In the words of Becker, Huselid, and Beatty (2013), it is vital for an organization to identify its strategic capabilities effectively to set achievable short-term as well long-term goals in the light of its current resources and potentials (p.na). This process may also assist the business to forecast how long the organization would take to achieve the targets specified. Another importance of identifying strategic capabilities is that it can benefit the organization to determine the right time and method for initiating the next phase of business expansion. Identifying strategic positions is the second step in the process of developing a differentiated workforce. This phase is essential for the organization to deliver its strategic capabilities, employee competencies, and the key behaviors needed (Identify strategic positions). The major significance of strategic positions lies in the fact that they can have a great influence on one or more of the firm’s strategic capabilities. In addition, strategic positions can significantly affect the performance variability, which represents a substantial difference between high and low levels of performance in a given job. By identifying the strategic positions clearly, an organization can determine whether it needs to invest additionally in workforce management and differentiation. This process may also benefit the management to decide whether or not the organization is in a position to capitalize on its strategic capabilities (Becker & Huselid). Management professionals indicate that rec ognizing strategic positions is really inevitable for the organization to promote workplace collaboration and manage a culturally diverse worksite. Assessing strategic players is an integral part of developing a differentiated workforce. This process

Public Policy Analysis Research Paper Example | Topics and Well Written Essays - 2750 words

Public Policy Analysis - Research Paper Example f the federal law in achieving its objectives and aims 4) inspecting the implementation of the law’s tenets in the scenario 5) conducting an evaluation of the federal law and 6) providing recommendations for improving the scope of the federal law and enhancing its effectiveness. The Sarbanes-Oxley Act of 2002 or SOX, which is also termed as the ‘Public Company Accounting Reform and Investor Protection Act’ as per the Senate and known as the ‘Corporate and Auditing and Accountability and Responsibility Act’ as per the House is a federal law which was sponsored by United States Senator Paul Sarbanes (D-MD) and United States Representative Michael G. Oxley (R-OH) (Zelizer, 2002). The historical context of the Act is associated with an increase in the incidence of high-profile accounting scandals that marred several corporations across the United States namely Enron, WorldCom and Tyco International amongst several others in the period preceding the inception of the federal law and its tenets (Act, S.O, 2002). The consequences which followed the scandals that targeted key organizations across the nation greatly affected investor’s confidence in securities markets of the country and led to the incurrence of significant loss on the investor’s part which amounted to billions of dollars (Act, S.O, 2002). According to Miller and Bredeson (2009), individuals’ financial trends are characterized by their monthly income and since most individuals within the United States are unable to save on an extensive scale because of minimal salaries or working on legal minimum wage, those who are still able to retain a certain percentage of their income on a monthly basis seek to secure their savings in a reliable source. In the given situation, investing in corporate stocks to benefit from high returns appears to be a viable option that is also secure in comparison with other alternatives (Miller and Bredeson, 2009). The attractiveness of investing in corporate stocks is