Examples of Focus Group in the following topics:
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- Through assessing the opportunity, risks, costs and external environment, organizations can ensure they focus on developing and investing in the products with the highest potential.
- There are a number of useful frameworks for product development and product design, each of which focus on a full process of identifying market needs, ideating upon solutions, conceptualizing these solutions, and ultimately prototyping the new product for testing.
- Beta testing and market testing – After producing and testing the prototype, an organization can now package and send this to small focus groups, trade shows and user testing sessions.
- Differentiating between segments, price points, consumer groups, and competitive markets can yield useful strategic information for the firm.
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- Departmentalization refers to the grouping of process or purpose activities into departments.
- Departmentalization refers to the process of grouping task activities into departments.
- Secondly, departmentalization allows for a clearer focus of the purpose for the group (i.e., serving a specific product, customer, or market).
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- Modern trends in management favor agile, iterative processes that focus on innovation, software development, and social impacts.
- In terms of values, scrum discards traditional hierarchy and promotes commitment, courage, focus, openness, and respect in a team-oriented, objectives-driven environment.
- In terms of structure, you'll find three groups:
- Utilizing the ever-evolving perspectives of start up companies and entrepreneurs, non-profit organizations and other community-oriented groups have begun replacing traditional management approaches with a more grassroots perspective.
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- A stakeholder is any group or individual who can affect or who is affected by achievement of a group's objectives.
- It defined stakeholders as "those groups without whose support the organization would cease to exist" .
- Examples of non-market stakeholders include the general public, communities, activist groups, business support groups, or the media.
- Stakeholders, as opposed to shareholders, tend to focus on corporate responsibility over corporate profitability.
- While the stakeholder view has an increased cost, many firms have decided that the concept improves their image, increases sales, reduces the risks of liability for corporate negligence, and makes them less likely to be targeted by pressure groups, campaigning groups and NGOs (non-governmental organizations).
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- Utilizing intermediaries reduces organizational complexity and allows firms to focus on developing a core competency through specialization.
- Organizations use intermediaries in order to allow themselves to focus on their core competency and/or competitive advantages.
- The rest are value-adding intermediaries who limit your risk and allow you to focus on what you do best.
- Specialization and Focus - As discussed above, often one of the primary advantages of utilizing intermediaries is the ability to increase focus on a business' core products and core competency.
- Agility – A larger organization with more moving parts, including retail, manufacturing, taxes and accounting, finance, marketing, operational management, HR, legal, database management, IT and all the other various potential requirements of modern business must face the challenge of coordinating all of these work groups towards a shared objective.
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- Organization helps businesses achieve focus and success in reaching their goals.
- Individuals form a group, and the groups form an organization.
- Organization, therefore, is the composition of individuals and groups.
- Individuals are grouped into departments, and their work is coordinated and directed towards organizational goals.
- Division of work refers to assigning responsibility for each organizational component to a specific individual or group.
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- An industry trade association participates in public relations activities such as advertising, education, political donations, lobbying, and publishing, but its main focus is collaboration between companies, or standardization.
- One of the primary purposes of trade groups, particularly in the United States, is to attempt to influence public policy in a direction favorable to the group's members.
- In addition, trade groups attempt to influence the activities of regulatory bodies.
- Industry trade groups sometimes produce advertisements, just as normal corporations do.
- Summarize the methods utilized by trade associations in an attempt to influence public policy in a direction favorable to the group's members
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- Positive attitude – A confident and upbeat personality tends to trickle down through work groups
- With the above core skills in mind, managers with a strong sense of human resource sensitivity focus on managing people via the following four phases:
- This simply means dividing tasks among the work group, and letting each individual know what is expected of them and how they will contribute.
- Focus on Communication - Communicating well and avoiding misunderstandings will save time and stress.
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- A multicultural or diverse organization not only contains many different cultural groups, but it values this diversity.
- Groupthink can occur when group members try to minimize conflict and reach a consensus decision without critical evaluation of alternative ideas or viewpoints.
- In a journal article entitled "The Multicultural Organization", Taylor Cox, Jr. talks about three organization types that focus on the development of cultural diversity.
- The plural organization has a more heterogeneous membership than the monolithic organization and takes steps to be more inclusive of persons from cultural backgrounds that differ from the dominant group.
- The multicultural organization contains many different cultural groups and it highly values this diversity and encourages healthy conflict to avoid groupthink.
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- A team leader or team lead is someone (or in certain cases there may be multiple team leaders) who provides guidance, instruction, direction, and leadership to a group of other individuals (the team) for the purpose of achieving a key result or group of aligned results.
- Does an effective team leader both merge into the group as a member of the team and also maintain a leadership role?
- An effective leader uses each member's contributions and energy to focus on a common goal.
- An effective leader needs to be able to pinpoint problems and praise excellence within the group, which cannot be done from the sidelines.