International Operational And Logistical Strategies Assignment

International Operational And Logistical Strategies - Assignment Example Globalization of trade has meant that there is an increasing need to build capacities within the firm to handle the increased competition. There has been a significant increase in the number of business organizations while the rate of growth of managerial skills and talents has not grown concomitantly. In addition to the competition for markets, there has been a competition for the highly skilled employees in the global job market leading to shortages and ‘brain drain’ in several parts of the globe (Andriopoulos & Dawson, 2009). This is more often through the economies of production and the increase in personal capacity. The objective in the latter has emerged as a new field in management referred to as talent management and development. The aim of talent management is to build better capacities within the firm’s employees so as to facilitate better and efficient products as well as ensure there is succession within the organization providing the stability that is necessary for the long-term growth of the organization generally and the career growth and actualization of its employees.Consequently, capacity planning is an emergent area of interest whose importance can be seen in at least three basic functions as highlighted above which when ignored foretells the collapse of the business in our view. The team members have apportioned parts of the topic and which they were required through every second-day meetings to update the whole team/group on. The final draft was, therefore, a comprehensively researched and discussed paper that reflected the overall full participation of the members on the task. Supply Chain Game Supply chain management is a method of capacity planning. The study of supply chain management reveals two crucial views: Firstly, that the vast majority of processed commodities that reach the final consumer represent the cumulative efforts of all organizations within the organization i.e. these multiple organizations form the l ink that is referred to as a supply chain.  

Risk in the Essex Voyage Case Study Example | Topics and Well Written Essays - 1250 words

Risk in the Essex Voyage - Case Study Example According to the discussion the crew decided to continue for five weeks without stopping to do repairs and searched for warm waters. The encountered other whalers who told them about a newly discovered a good hunting ground located about four thousand six hundred kilometers to the southwest. The area was risky because it was too far and the inhabitants of the Islands were said to be cannibals. They went thousands into the coast of South America and but a number of days whaleboats were empty despite the whale damaging their boat by surfacing directly below. Three whaleboats began to pursue a sperm whale but as they tried to harpoon it its fluke hit the boat and damaged its seam, which forced them to cut the line from the whale to put back the boat into the ship for repair. The second boat has also harpooned a whale that was pulling the way. As the work of repaired continued an abnormally larger whale was seen behaving strangely. It lay without any movement and its head was facing the ship and it began to speedily approach the ship diving. The whale hit the ship with its head, went under it, and battered it tipping it to move from side to side. It continued to the starboard side of the ship and lay motionless but the crew could not kill it because it was too close to the rudder and could cause the ship intense damage. The whale was seen swimming ahead of the ship but came back in furry and speed and thrashed it with its tail and its head struck the ship again. This study outlines that the whale crushed the bow and pushed the ship backwards and the whale them swarm away and were never seen again. The ship began to sink slowly and the crew had only whaleboats for survival. The captain gathered navigational instruments but he could do much and was terrified. The ship took two days to sink, during which the crew tried to salvage their supplies.