Analyse and critically discuss the statement below Essay

Analyse and critically discuss the statement below - Essay Example ch as GE, Apple and others use these terms and their associated theoretical underpinnings to gain competitive advantages and their example becomes important while we try to understand the connection between theory and practice. For instance, when it comes to creating a purpose or strategy for an organization, GE uses the vision of the company to guide itself in where it wants to be over a given period of time. No company in the world across any industry in any location is as well respected as GE (Demos, 2006). Throughout its existence, and more recently in the last few years, analysts from the fields of management, human resources and organisational studies have all given their respects to GE (Fisher, 2006). A large part of this respect comes from the way GE handles its human resources of which examples have been given by those who have been a part of GE as well as those who have observed it from afar. In essence, the handling of human resources at GE is deeply linked with their idea of the mission and vision of the company. In theory, the functionalist paradigm of human resource management connects greatly with the idea of rationality and thus rewards as well as punishments become a rational method for ensuring continual behaviour of one type or another. Consequentially, these are an intrinsic part of the management system at GE (Kerr, 1996). Welch (2005) reports that, â€Å"We publicly rewarded people who drove the mission and let go of people who couldn’t deal with it for whatever reason (Welch, 2005, Pg. 16)†. The idea of publicly rewarding top performers ensures that those who see it happen know why some individuals are being rewarded more than others. On a simpler level, the individuals who were rewarded would have a harder time in leaving the company and their strategic relationship with the company would evolve and be strengthened (Henry, 2006). Therefore, rationality and rewards go hand in hand with the theory and strategy behind human resource

SET ASIDES Research Paper Example | Topics and Well Written Essays - 1250 words

SET ASIDES - Research Paper Example On analysis the justification for why VA and Defense Department are chosen as providing the best contracting opportunities for NAICS 561730 is shown and supported with evidence. Finally, the best available contracting opportunity for NAICS 561730 is identified and the reason stated. Set Aside Introduction Set aside contract is ‘’a federal contract under which only small business are allowed to bid’’ (HJ Ventures, 2004). The set aside small business contracts are mainly awarded to start ups, minority owned businesses, women-owned businesses, disabled people businesses, veterans group businesses and other special groups businesses. These type of businesses mostly lack capital and experience to start or expand thus they lack the machinery to compete with large or other successful businesses. In order to help them overcome those challenges that why the government reserves some of it contract specifically for them. A part from the special treatment in bidding fo r the contracts the small business owners stands to gain the following benefits under these programs: training courses and counseling on owning or managing a business, and additionally they are eligible for various loans and advance payments within the program (Guthrie, 2011). Set-asides though awarded on special basis have been quite controversial in business context since the projects from the private sector are mainly awarded on the basis of price, performance, value added and quality, while set-asides are awarded on basis on size, class, race, gender, thus harming legitimate businesses and breeding corruption (Bbutkins, 2010). Under the Small Business Act, the law bids the federal agencies to carryout various procurements that are partially or wholly reserved for small business participation (FSD, 2010). Under this act there are several set-aside categories for the different small businesses ventures which include: Competitive 8(a), Emerging Small Business, HUBZone, Partial Hist orically Black College or University (HBCU) / Minority Institution (MI), Partial Small Business, Service-Disabled Veteran-Owned Small Business, Total HBCU / MI, Total Small Business, and Veteran-Owned Small Business (FSD, 2010). Therefore small business set-aside categories will award certain acquisitions exclusively to eligible small business concerns. Hence a set-aside may totally or partially open to all small businesses, a single acquisition or a class of acquisitions. In the procurement bidding process the set-asides are conducted through simplified acquisition procedures, sealed bids, or competitive proposals. The small business set asides are awarded contracts either as the primary contractor or sub-contractor. According to the North American Industry Classification System (NAICS) categories 561730 Landscaping Services is defined as ‘’ventures that specialize in providing landscape care and maintenance services and/or installing trees, shrubs, plants, lawns, or g ardens and ventures that specialize in providing these services along with design of landscape plans and/or the construction of walkways, retaining walls, decks, fences, ponds, and similar structures’’ (NAICS, 2007). Landscaping services provide employment to a quite sizable portion of the American population and also improve the outlook of households. They also significantly improve the value of homes. More than 14500 businesses in the United States are classified as landscaping services (NAICS 561730), with majority of these ventures comprising of a workforce