Every team needs a good leader. The reason is not to grant an individual with superiority and authority but to have someone who the team can report to, complain to and get motivation from. Such a leader needs to have the skills and intelligence to handle such a task. In team sports, there is always a captain who acts as a leader and whose goal is to manage and guide the team to victory, which is their goal. A project manager has a similar role as well. (Alexandrou)
The Project Manager
The project manager is an individual who has the responsibility to make sure that his/her team accomplishes the set of tasks and achieve the goal, completing the project. The PM is accountable for the outcome of any project and thus needs to have the leadership and managerial qualities needed to guide the project team towards a successful completion. To start off, generally a project manager needs to have the following broad set of qualities:
- A good project manager is a visionary. The ability to visualize the goal makes it possible to work towards it effectively. Thus a good PM has a vision on which he/she bases all their moves and decisions and shares that vision with their team.
- One of the most important attributes of a project manager is the ability to communicate effectively. The PM is the team’s ‘go-to’ person. All complaints and reporting is done to the PM. Apart from that, the PM also has the responsibility to communicate with people outside the team like reporting to top level managers, communication horizontally with other managers, and most of all, communicating the purpose and tasks effectively to the project team.
- Integrity is another important quality. The PM has to set an example for the team and practice good conduct by being ethically and socially responsible. The team looks up to the PM and the PM represents the project and the team. Enthusiasm, empathy and competence are some of the core attributes a good project manager needs to have.
- Other than that, the PM needs to be able to delegate tasks to the team according to the schedules and their expertise. The PM also needs to have the ability to perform under stressful conditions and stay calm. A nervous and stressful leader means a troubled team. And finally, the PM must have skills to identify, analyze and solve problems that come up during the lifecycle of the project. (Barry)
Job Description
As for this particular scenario, LRH needs a typical project manager to manage the tradeshow project, and must fit the following description:
Project Management
- Ability to make plans and work on them.
- The Pm must be able to allocate resources effectively and manage them.
- Should make sure that the team members are at minimum risk.
- The PM should be able to take responsibility to prepare deliverables and report to authority.
- Identify what collaterals need to be updated and assign the tasks accordingly based on the team members’ core areas.
Communication
- Hold and encourage team communication through frequent meetings.
- Keep the team well informed of all the happenings and updates.
- Effectively communicates the required information regarding the project to superiors.
- Must be able to present the information in an understandable manner.
- Motivate the team and create a friendly affable outlet.
- The tradeshow team consists of different types of members with strengths and weaknesses, the PM should be able to keep them in mind while communicating
- Must be able to communicate with clients and customers as well.
Project Accounting
- Keep track of the work hours and the amount of work all team members are doing.
- Manage the project budget.
- Manage the financial aspects such as costs incurred and revenues earned.
- Set targets for these costs and communicate them to the team.
Teamwork
- Appreciates and encourages each team member’s contributions.
- Gives all team members an equal opportunity to work and give input.
- Keeps track of lessons learned and shares those lessons with team members.
- Bale to handle conflict and disagreements within the team.
- Motivates team to work together efficiently.
Leadership
- Set an example for the project team
- Manage progress and control the team members’ activities
- Good leadership includes the proper and fair utilization of authority for the benefit of the team and organization.
- Motivate the team members and guide them through pitfalls, delays, and other project issues.
Client Management
- Must be able to deal with clients on a daily basis.
- Must understand the company well so that he/she can create a positive company image for the clients and customers.
- Take advantage of opportunities to increase customer satisfaction and deepen client relationships by retaining them and providing them with customer delight. (Project Manager Job Description, 2009)
Conclusion
A project manager for LRH needs to be a skillful team player who has strong communication and motivational skills in order to communicate with team members, superiors and clients. Also needed are good leadership skills so that all tasks are fairly and appropriately divided among the team members according to their abilities. The PM also needs to manage progress and visualize the goal and share the vision so that each task is completed successfully and ultimately the project goal is achieved.
References
Alexandrou, m. (n.d.). Project Manager Duties. Web.
Barry, T. R. (n.d.). Top 10 Qualities of a Project Manager. Web.
Project Manager Job Description. (2009). Web.
Informative Process Of Education
Generally, any process is described in the simple bow and arrow format and they represent the totality of the process. But education is one of the most important aspects of human life and one can not describe education in the above-mentioned process. Actually, with the globalization of the World, the process of education is getting changed regularly and sometimes thoroughly too. Old systems of education are getting abolished and new concepts are taking place. And nowadays the informative process of education is gaining popularity.
What is an informative process?
The informative process is the way of describing something to the very minute details. A very good example of this would be the description of a day by every hour. But this process is a very good aspect of teaching a subject, almost all the details of any subject can be learned by this process. But is it possible for someone to learn a subject completely? It is utterly impossible. So we can say that by the informative process of education we can learn some very important aspects of any subject which may be overlooked in the general process of education. Education is the most important aspect of human life which has a formative effect on the human mind.
And if the study is based on the informative process then the students will learn all the minute details of every subject, and this will provide a total education for them. But according to the researchers, this process can be more effective when it is applied to higher studies.
When can it be most effective?
The essence of Education can be applied to both a kindergarten school and to a college or research facility, all the places provide education to students of different age groups and merits. At a young age, children have to deal with several subjects, as these subjects help them to deal with their lives in the future. As the children grow up, they go to different streams of studies and different specializations.
According to educators, the informative process of education is most appropriate in the higher stages of education as generally at that time a person deals with a special branch of a subject. The informative process of education involves learning all the minute details of a subject and if someone attempts to learn all the minute details of the subject he or she is dealing with it will ultimately enrich the student immensely. This informative process of education is also very much needed in the sphere of research and development. The developments in science and technology and also in other aspects are mostly based on the informative process of education.
There are many good aspects of the Informative process of education. It provides a wholesome angle of any subject to the student who is studying it. It also helps in the research works of the person and also the research of anyone who is working on something related to it. This is the ideal educational process for the development of any country’s intellectual base.
The Social And Economic Importance Of E-Commerce
Introduction
Electronic commerce, the use of the internet for purposes of buying and selling services and goods (Bidgoli 18), has been gaining importance, in recent years. Many organizations have now embraced e-commerce to enhance the rate at which their products and services access the market. This is in addition to the drastic reduction in their operating cost, compared with the use of other conventional modes of selling. E-commerce activities have had an impact on various sectors of the economy, notably, finance, retail trade, communications, and business services (Decker 85), amongst others. From a social perspective, e-commerce has held the buyers and sellers to maintain social relationships, and his has been beneficial to the two parties involved. The intention of this report therefore is to help shed light on how electronic commerce has influenced us, both economically and socially.
Economic importance of e-commerce
Although sales attributed to electronic commerce are modest in comparison with the total economic activities, nonetheless electronic commerce is gaining prominence. For example, according to the Office for National Statistics (2009), there was an increase of 17.1 per cent of internet sales in the United Kingdom, in January 2009, relative to the same period in 2008. This is an indication that the use of electronic commerce can greatly boost the economy of a country. According to statistics released by the U.S Department of Commerce (2), internet sales only formed 1 % of the entire retail sales realized in the United States in 2002. Although internet sales had been on the decline in the United States for a period of three eyras, between 2006 and 2008, nonetheless there was a 1.8 % rise in 2009, despite the impact of the global financial crisis (Office for National Statistics 3). The effect that e-commerce has on the market and by extension, the economy, is two-fold. First, e-commerce is crucial in increasing market transparency (Zhuang 12). Accordingly, e-commerce helps open up markets for goods and services. For this reason, manufacturers enjoy a bigger market for the products they make, and this may in fact help them to increase on their production capacity. In the process, the manufacturing and distribution industries of products benefits from the creation of more jobs.
E-commerce enables consumers to search for goods and services that are within their desired price region. Moreover, consumers have the choice of not only buying goods and services at a low price, but also from foreign sellers as well (Lubbe and Van Heerden 184). In addition, sellers to have a chance to reach an increasing number of buyers. This results in the creation of more transparent markets for goods and services. Based on these arguments e-commerce can be a useful tool for intensifying competition. When competition becomes intense, the profit margins of the companies involved in e-commerce ends up reducing. On the other hand, when the market becomes broader thanks to e-commerce, this is a chance for the organizations involved to take advantage of economies of scale. The result is that consumers end up paying for their desired goods at a lower price than would; have been the case in the absence of e-commerce. In addition, the fact that e-commerce is characterized by high transparency levels results in reduced search as well as transaction costs. This is in terms of both money and time. E-commerce also helps to balance the supply and demand of goods and services in the market because of the increased choice and information (Chaudhury & Kuilboer 64). For this reason, product manufacturers for example, are in apportion to make adjustments to their production processes with more precision to cater for the existing demand in the market.
Since e-commerce has ensured that information exchange between for example, a firm and its customers or suppliers is efficient and fast, organizations are therefore in a position to reduce costs related to production, procurement and sales. Owing to an improved supply chain management facilitated by e-commerce, efficiency of the business process is thus attainable (Nabi & Luthria 135). Moreover, new goods and services have also emerged thanks to e-commerce. However, there are also negative effects to the economy that are associated with e-commerce. For instance, good reputation and economies of scale though a good thing for some firms, might in fact provide several e-tailers (for instance, Amazon). In addition, competing firms may use increased transparency as a technique to compare prices offered by rival companies, thereby enabling them to establish pricing strategies.
E-commerce can also assist competitors to differentiate their products due to intensified competition. As a result, consumers would find it hard to use the internet for purposes of comparing prices. From a microeconomic point of view, e-commerce may more impact on search goods, compared with other forms of goods (Graham 771). For instance, a majority of the experience goods are less suited for electronic transactions since the desire for consumers is to first see, try, or tough them, before they make a decision of whether or not they will make a purchase. Such goods would include houses and cars. However, e-commerce acts as a powerful informative tool for a prospective buyer, because they are enlightened on where to access these products, should the need arise.
Social importance of e-commerce
Systems of e-commerce influence societal social roles because of their associated social impact in their users. There is a need to appreciate the fact that e-commerce systems constitute the human social and communication system. Since they are part of our social system, e-commerce systems enable us to manipulate, send and receive information from one part of the globe to the other (Kellerman 461). Since the information transmitted is what results in business activities between two parties, it is hard to treat e-commerce systems as a tool of trading that is secluded from the norms of a business transaction. There is a need to appreciate the fact that e-commerce benefits results from the application of this system as opposed to the technical components associated with it. Buying and selling of goods and services is more of a social activity, because the individuals involved have to interact. In addition, the opinions and thoughts of other consumers over a given product or service strongly influences our decision to purchase a certain good or service. Based on this, marketers have opted to use social sites as a way of creating awareness on the existence of their products and services. When potential consumers login to such sites as Facebook or Twitter, they can then discover very new products and services, and this may be a cue for them to try out these products and service. Social sites may be used by markets of goods and services to target their niche market, based on a fact that most of the social sites brings together individual with similar tastes and preferences. Moreover, the use of social sites can be quite an inexpensive way for a manufacture of a certain products to acquire new customers, as opposed to the use of the more expensive conventional sites of advertisement. These may not have the same impact that a social site may have, in targeting a given niche market.
Conclusion
There are social as well as economic benefits that characterize e-commerce. From an economic perspective, e-commerce enhances market transparency by opening up the market. This results in a bigger market fro goods and services. There is also the issue of an increased ease of searching for goods and services within the desirable price region of customers. Furthermore, e-commerce leads to competition intensification and the buyers and sellers benefits from economies of scale. In addition, e-commerce saves time and money, in terms of searching for products and services. It also enhances the balancing of supply and demand of goods and services. On the other hand, buying and selling of goods and services is a social activity, due to the interactions involved in the transactions. Moreover, the opinions and others influence our buying decision, which is why the use of such social sites as Facebook and Tweeter has greatly improved commerce. Business owners and the government alike need to embrace the social and economic benefits of e-commerce to improve market penetration across borders, and to benefit from the economies of scale.
Bibliography
Bidgoli, H. Electronic commerce: principles and practice. Academic Press, London, 2002
Chaudhury, A. & Kuilboer, J. P. e-Business and e-Commerce infrastructure. McGraw-Hill, New York, 2002
Decker, R. The importance of E-commerce in China and Russia: an empirical comparison. Springer, London, 2001
Department of Commerce. (2002). “A Nation Online: How Americans Are Expanding Their Use of the Internet.” E-commerce Multi-sector Report.
Graham, M. Warped geographies of development: the internet and theories of economic development. Geography Compass, Vol. 2, Issue 3, pp. 771
Kellerman, A. Worlds of E-commerce: economic, geographical and social dimensions. Political Geography, Vol. 22, Issue 4, pp. 457-458
Lubbe, S. & Van Heerden, M. V. The economic and social impacts of e-commerce. Idea Group Inc, 2003
Nabi, I. & Luthria, M. Building competitive firms: incentives and capabilities. The World Bnak, Washington D. C., 2002.
Office for National Statistics. Internet retail sales (2009). Web.
Rajadhyaksha, H. Leveraging Social Networking Sites to boost Ecommerce online traffic.Web.
Zhuang, Y. An instrument for measuring the business benefits of E-Commerce. 2003