Tuesday, February 25, 2020
SAP's Plan Essay Example | Topics and Well Written Essays - 1750 words
SAP's Plan - Essay Example The software of this company was written in Walldorf, they took several months to develop, and their installation would require a team of experts. The coming of the internet brought turbulence to the SAP business. Internet brought completion in the software market. Other companies were producing software that were easy to install and were relatively cheaper than those of SAP. The management of SAP was suspicious of the internet business. However, they decided to experiment on it by creating of subsidiaries dealing exclusively with internet. The move by management to give internet a trial was a prudent one. Creation of subsidiaries was also a safety precaution that the outcome of internet business would not have an effect on the core operations of the company. In addition, the company made acquisitions. One of the acquisition companies head was Mr. Agassi who was a founder of four companies by the age of twenty-four. The management of SAP is in the hands of Mr. Kagermann and Mr. Plattner as co-chief executives. In the making of decisions concerning the operation of the organization, one does not see consultative meeting between them. Mr. Plattner argues with Mr. Agassi in their first meeting. As a result, he challenges him by giving him difficult assignment. Further, he places Mr. Agassi in charge of hundreds of staff and web units. The decisions by this executive seem to be authoritative. The mode of communication is top to a bottom. Mr. Agassi becomes a success in his responsibility. The executive decides that it is time to let go of their conservatism and drive the organization into trending business strategies. This is a major decision. Proper implementation of this decision would make the organization profitable and competitive in the global market. The executive needs to offer leadership which can be done through communication and involving all stakeholders. The management puts Mr. Agassi in charge of taking the organization
Sunday, February 9, 2020
Finance & Public Expenditure in Scotland Since Devolution Essay
Finance & Public Expenditure in Scotland Since Devolution - Essay Example As an after effect of the constitutional change in UK, the distribution of revenue throughout the regional and territorial government in relation to its corresponding public expenditure was greatly affected. (McLean, 2003) In order to minimize and prevent an unfair distribution of UK revenue among the Enlish and British territories such as the Northern Ireland, Scotland and Wales, the need to examine the Barnett and the traditional Goschen formula used in the allocation of money to its corresponding territories arises. In line with the increasing concern over the use of Barnett and Goschen formula in the United Kingdom, the researcher will first conduct an in-depth analytical research study on the budgetary, financial arrangements, and public expenditure of Scotland including the impact of devolution over its finances. In the process, the researcher will discuss a brief history behind Scotlandââ¬â¢s financial arrangements prior to devolution in 1999 including the application of the Goschen formula. The researcher will also provide an analytical description of the Barnett formula since its inception back in 1978 and subsequent revival in 1992. Eventually, the researcher will examine the strength and weaknesses of using the Barnett formula versus the Goschen formula. As stated in the third edition of the Statement of Funding Policy that was published by the Treasury back in July 2002, the financial arrangement between the United Kingdom and the Administration in Scotland follows the conventions for Scotland way back before the devolution. (Scotland Office, n.d.) Using the public expenditure framework controlled by the UK government, the HM Treasury allocates budget for the public expenditure of U.K., Scottish Executive, and Northern Ireland. The devolved Scotland administration normally receives a block grant. There are legally two components under a block grant known as the: (a) redistributed national non-domestic rates (NNDR); and (b) the Revenue Support
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