Thursday, February 20, 2020
Mergers& Acquisitions Essay Example | Topics and Well Written Essays - 1000 words
Mergers& Acquisitions - Essay Example The US airline industry had previously been dominated by nine companies that created a stiff competition in the market. However, the move to merge the American airlines and the US airways has altered the situation. The main reason that led to the merger is the desire both companies to gain competitive advantage over their competitors (Thomas, 2013). The size of a company determines their convincing power. Large companies have a likelihood of attracting customers and shareholders, and hence the company will be more competitive. The two companies also came together in order to heighten their sales. With the many numbers of competitors, the companies hoped that coming together would increase their sales. The two companies intended to expand rapidly since more resources, and labor had been brought together (Daily Mail Reporter, 2013). The merger of the two airlinesà will ensure that the company will control approximately 20% of the market share since 80% of the market share is controll ed by the four large airlines (Reed, 2014). Merging the two companies reduced the risks and hence the new company is in a position to diversify its operations (Reed, 2014). The airline industry has a lot of risks, and the managers decided to come together in order to spread and cushion the risk. The merger provided a large pool of finances which would allow the two companies increase their economies of scale and thereby maximize their profits (Reed, 2014). The elected overall managing director stated out that their move was not only to fight competition but also to meet the large financial demands in the industry. He also said that the move would increase their networks, and their customers would have a variety of choices in terms of traveling time. The merger brought about both positive and negative results to the two companies. The new company (American Airlines) gained an advantage since its costs
Tuesday, February 4, 2020
Changing Roles of Worker Research Paper Example | Topics and Well Written Essays - 500 words
Changing Roles of Worker - Research Paper Example Their work is unseen and much of it is mental. The knowledge worker is famous for making judgment calls and decisions and being paid handsomely in some cases to do so. This report will be centered on the managers and leaders who are guiding the knowledge workers and how their roles may be shifting from what that has been like supervising the traditional workers. There has been a shift noted in roles from boss or supervisor to player/coach as argued by Davenport. Davenport proposes that those managers that understand the knowledge workersââ¬â¢ wants and needs can get more from the people, communicate more efficiently, and lead a ââ¬Å"managerial revolutionâ⬠(p. 3). The shift in roles, from boss to player/coach is coming about. Johnson cites Davenport again stating rather than supervising the work, the manager of a group of knowledge workers will come from the group of workers and be one that is also performing the work. Hierarchies will be shrinking as they become networks a nd communities of knowledge resources. Rather than hiring and firing, the managersââ¬â¢ job will be to develop and train the new staff.
Subscribe to:
Posts (Atom)