Week 3 Research Paper Example | Topics and Well Written Essays - 500 words - 1

Week 3 - Research Paper Example In order to achieve this, the above mentioned functional areas must collaborate and come up with an action plan to implement the collaboration process. The first step of the collaboration process is for the purchase department to provide a list of the purchases they intend to make and how much each is going to cost. This list is taken to the accounting department which authorizes release of the expense money. Once the goods are brought and inventory is done, sales department takes over the day and turn over the money at the end of the day for the accounting department to calculate. The marketing team comes up with strategies to increase customer base and maintain the present customers and this strategies are presented to the accounting department once approved by the management for funding. In order for the above process to run smoothly, they need to have an action plan which should run for several months and if successful, should be implemented. The action plan will involve majorly the accounting, marketing and sales departments. This is because they are important in revenue generation to run the collaboration process. The marketing department will come up with advertisements of discounts, sales coupons and even points that can be redeemed depending on the purchase made. The account department will release funding for this marketing and finally the sales department will handle the discounts, point redemption and sales coupons. The success of this action plan will not only bring in more clients, but will also increase profits for the running of the collaboration process. Lateral collaboration happens among people of the same level at work while vertical collaboration is between employers and employees (Bryson, 2011). In Kudler Fine Foods, lateral collaboration is employed majorly in the kitchen department where the chefs hired share their recipes with the other chefs in the various Kudler stores. This is in order to avoid

Performance Metrics Assignment Example | Topics and Well Written Essays - 250 words

Performance Metrics - Assignment Example red that no performance related outcome was skipped, just as was the recommendation of Epstein and McFarlan (2011) for achieving effective performance measurement outcomes. Even though the metrics have been generally described as appropriate, there are a number of ways in which it could be improved for superior outcomes. In the first place, it was seen that the metric was more individualistic, as it only sought to score personal outcomes in the three behavior areas. This could have been improved by having a larger organizational yardstick against which each person’s score was pegged against. Once this was not done, it was possible to tell who performed best but it was not possible to tell if that best performer’s performance was at par or below what was expected at the organizational level. Secondly, the metric could have been improved if it was made a peer-reviewed one by making staff score their colleague members. If the organization did not have any metrics in place, I would have suggested the use of a performance feedback metric with the aim of ensuring that employees were not only rated but also made to be aware of any factors that informed their performance. Once such a move is taken, it will be assured that at the end of the performance measurement with the use of the metric, employees will clearly know areas of their work delivery that they ought to improve (Cravens, Goad Oliver & Stewart, 2010). Such improvement would subsequently lead to improved growth for the organization at