Internal Fit

In: Business and Management

Submitted By eeliz28
Words 810
Pages 4
Key Learning Essay #2
MAN 6721 March 16, 2010

It is known that a company’s strategy is very important to their success. We have addressed how a company’s strategy must fit properly with the environment in which they are operating. We refer to this as their external fit and utilize Porter’s five forces to evaluate it. While external fit is important, it is also necessary to have a proper internal fit. I will first discuss more about internal fit is. Next, I want to address the importance of links to internal fit. Finally, I will look at some examples of companies and the strengths or weakness in their internal fit. The term internal fit may seem to be an oxymoron, but many companies are more worried about external factors before really addressing their core values. Many companies fail to realize that competitive advantage comes from internal fit. A competitive advantage comes from creating value to your customers that they would not have otherwise. Not only value creation but also value capture is a part of creating an advantage over competitors. Capturing value comes from organizational design. Making sure the processes inside your company are all reinforcing is essential to making sure the fit is right. To make sure activities inside the company are reinforcing one another we must create links between the different departments. All of the operations, such as human resources, production, marketing, and distribution must be on the same page. Companies must look for inconsistencies within different departments. We must also address the link between leadership and the company culture. Sam Walton serves a perfect example of this. His drive to always be the cheapest is what made Wal-Mart what it is today. Not only a company leaders’ beliefs about the company, but also their actions have a huge impact on the company culture. Sam Walton alone is not responsible…...

Similar Documents

Internal and External Fit

...[pic]For Efficient HR Management, Be Consistent! García Ruiz, P.; Sánchez-Runde, Carlos J. Publisher: Universitat Rovira i Virgili [pic]During the 80's, there was a lot of talk about the need for human resource management studies to have a strong theoretical foundation, beyond case by case analysis. Various authors responded by formulating three hypotheses. The "vertical fit hypothesis" says that HR practices must be aligned with the company's strategy. The "performance hypothesis" suggests that if strategy and HR management are consistent, the organization will perform better. Lastly, the "horizontal fit hypothesis" says that neither vertical fit nor better performance will be possible unless HR practices are understood as a consistent system. Consistency refers to a problem that occurs in many organizations. Namely, a measure may be good, but it is not sufficient merely to implement it without further ado. If a company emphasizes a particular process - say, training - but does not simultaneously reinforce its control and compensation systems, it will send contradictory signals to its employees. As a result, the effectiveness of both training and compensation will be seriously impaired. The difficulty for HR managers is that there are so many obstacles and challenges arising from the increasing diversity of practice and the need for HR practices to meld with other corporate systems and policies. In "Teoría de sistemas y propiedades emergentes en las ......

Words: 1202 - Pages: 5

If the Shoe Fits

...If the Shoe Fits Your Name Here Human Resource Management Business 504 Instructor Name Here Date Month Year If the Shoe Fits The Spanish word Zapatos, means shoe, although translated to the English word, Zappos it takes on an alluring connotation to loyal customers who shop on-line for clothing and accessories. Zappos was founded in 1999 by entrepreneur Nick Swinmurn, who decided it was time for a great on-line shoe company after failing to find shoes in stores and on-line himself (Zappos, 2012). Although he knew nothing about selling shoes he soon gained the advantage by recruiting Tony Hsieh a young multi-millionaire who had sold his web-advertising company, LinkExchange, to Microsoft for $265 million in 1998. Hsieh (pronounced Shay) ceased the chance in a market where people were still buying shoes from catalogues. But it became his obsession to offer the service values that has garnered the company a cult-like status among its customers (Wright, n.d.). The purpose of this paper is to first describe the recruitment policies of the selected organization, Zappos. Then we will discuss the strengths and weaknesses of Zappos recruitment policies. Finally, we will look at possible improvements to recommend along with any reasons why to consider implementing them. Zappos has a unique recruitment process that involves two interviews. The first is to assess fit with the job and the other is to assess cultural fit with the company. Building community begins with finding......

Words: 1254 - Pages: 6

To Be or Not to Be... Fit

...To be or not to be… FIT? Does one ever wonder why keeping those pounds that were once gone has become a struggle? Perhaps there are a few steps that were not taken into account that can assist individuals during a weight loss journey. With obesity at a staggeringly high rate in the United States, people are choosing incorrect and often controversial, methods of losing weight. As a result people are gaining back those pounds they have worked so hard to lose. Eating the right kinds of foods is the most important way to properly lose weight. Paying close attention to the nutrition labels on the back of the packaging can help. One should not focus entirely on the picture of the food and its’ price, but focus on the Nutrition Facts label. The amount of calories in a serving is how much energy the body will be receiving. Consuming an excess amount of calories each day can be linked to obesity. It is imperative to, also minimize the amount of nutrients like fat, cholesterol, and sodium one consumes. Knowing how much nutrients to eat can lower the risk of certain diseases, like heart disease and high blood pressure. Not all foods labeled as healthy foods are in fact healthy for the body. Do not assume because the words “fat free” or “low fat” are present on labels it must be healthy to eat. The body may not be getting all of the nutrients because of added ingredients that make foods appear healthier. The second most important way to lose weight is choosing foods that......

Words: 1136 - Pages: 5

Fast Fit

...1. a) At what new locations can customers now do their shopping with FastFit? Fast Fit (FF) customers are now able to shop online, rather than going to the store. Customers can shop from the comfort of their own home at any time of the day. Customers can enter their orders from any location throughout the world. Smartphones, tablets, and other mobile devices enable FF customers to shop at any location. b) List the technologies required on the customer’s client to shop? i. Hardware, software, network, personal computer, modem, operating system. ii. Internet access is required to connect individual computer terminals, computers, mobile devices, and computer networks to the Internet, enabling users to access Internet services. iii. HTML - The Web is an interlinked connection of Web sites, which are collections of Web pages linked to a home page. These pages are created using a text markup language call HTML. iv. HTTP – transmits Web pages to user’s. v. URLs – web page addresses are composed of the domain name of the Web site and the file location of the individual Web page. vi. Local area networks (LANs) provide Internet access to computers and other devices in a limited area. vii. Dial-up access uses a modem and a phone call placed over the public switched telephone network (PSTN) to connect to a pool of modems operated by an ISP. viii. Cable Internet or cable modem access provides Internet access via hybrid fiber coaxial. ix. Wi-Fi Individual homes and......

Words: 261 - Pages: 2

Po Fit Assessment Paper

...Ajinkya Sirsikar BUS-788 12 November 2013 NIKE P O Fit Paper Abstract The purpose of this study is to analyze and perceive person–organization (PO) fit and organizational attraction, intentions to accept a job offer, and actual job offer decision. The importance of fit between employee and organization culture is an increasingly common topic in the study of organizational development. This paper proposes a method to predict Person-Organizational fit based on measurement and definitions that are well known and statistically reliable. About NIKE, Inc. is a “Global brand of athletic footwear”. NIKE, Inc. operates in 160 countries and has many brands including Nike Golf and Air Jordan. The mission statement of NIKE is to “Bring inspiration and innovation to every athlete in the world”. It is a powerful example of corporate culture. The main reason behind this is that the NIKE employees have a sense of belonging which helps NIKE is retaining and attracting the employees. The organization fosters a community culture, which serves as an irresistible pull for the employees. It also encourages the employees to voice their opinions, which gives them a sense of responsibility. Decision-making is an innovative process in the organization. Personal Assessment Personality plays an important role in determining how well you fit with an organization. The duties and responsibilities of each occupation require people in those roles to behave in specific ways for......

Words: 925 - Pages: 4

Fit Food

...FIT FOOD – Summary of the author’s sample response 1. WHAT WENT WRONG? DID THE COMPANY SET ITSELF UP TO HAVE PROBLEMS? Factors that created an environment that encourages negative behavior:  unreasonable pressures for performance – combined with…  a lucrative incentive program and a “no excuses” management style Division managers were motivated to take steps to boost performance in the short run at the expense of the long run. OTHERWISE KNOWN AS “operating myopia” Examples of earnings management or gamesmanship: Drink Division 1. 2007: Shipping moratorium, build-up of reserves, and the prepayment of some discretionary expenses. o Aggressive accounting or fraud? o Fraud legally defined as willful manipulation with the intent to deceive o Are shareholders deceived because of these actions? 2. 2008: Early-order program, reduction of reserves. o Early order program not uncommon – can represent legitimate sales using volume discounts and extended credit term o Using reserves to manage earnings – not uncommon o Eventually develop a noticeable pattern and results in negative comments from financial analysts and potential negative impact on share price 3. 2009: Re-build-up of reserves. o Question external audit procedures – not clear what justification was used to convince the auditors that the changes were justified Cookie Division 1. 2008: Early-order program, shipping around the clock at the end of a quarter, ship unordered products, fraudulent orders with......

Words: 837 - Pages: 4


...Recommendation Brief for an Internal Accountant Kandi Kolka ACC/544 January 19, 2015 Bunney Schmidt Recommendation Brief for an Internal Accountant When a company hires an Internal Auditor it is usually to improve the business or make sure internal accounts are effective. An auditor would be hired to come into the business and go through the accounts. The accountant would make sure that the company is complying with the government. The auditor would look for internal fraud, operations, and assets. The auditor is hired to make sure the company is profitable and if not what they should do to become profitable. There are three ways for a company to change profitability; by increasing sales, decreasing variables and or reducing average operating expenses. An internal accountant is brought into a business to improve the effectiveness of the internal day to day operations. The internal accountant will test or audit the internal controls for mismanagements and fraud. The internal auditor will make sure that the business is complying with all of the government’s regulations. If the company is not complying this could mean serious trouble from the government. This is why it is important to bring someone who has a vast amount of knowledge into view the components of the company. When an individual internal auditor is brought into a company they may not have exact knowledge of the company but they know what they are looking for. They will investigate the books of the company....

Words: 714 - Pages: 3

The Fit Stop

...part of the total organizational system, each part must fit with and support the other parts. There are three variable patterns into which these parts can be arranged, each pattern represents one type of managerial strategy. Each managerial strategy then relies on a different reward and compensation strategy. The three different managerial strategies are as follows; * Classical- which assumes most employees are lazy and dislike work but can be convinced in order to satisfy their economic needs. * Human Relations- assumes employees dislike work but can be induced to work in order to satisfy their social needs. * High-involvement- assumes that work can be intrinsically motivating to employees if the organization is structured properly. Each of the three managerial strategies has different implications for how the reward and compensations should be designed. In the case of the Fit Stop, it is a close choice between human relations and high-involvement. However, I believe that a High-involvement managerial strategy would be the best choice to implement. This strategy makes a major effort to create jobs that are both interesting and challenging and provide employees with control over the planning and execution of work activity. Jobs are broader, involve more elements, and attempt to include a meaningful cycle of work activity. A conscious effort is made to combine the thinking and the doing. In the case of the Fit Stop, Susan has high expectations for her employees and...

Words: 2274 - Pages: 10

Fit Food

...industry. Simon Cat knew that this formula was somewhat arbitrary. For example, he knew that some forms of advertising, such as half-hour television shows or “informecials” on Spanish television stations, were solely aimed at selling used vehicles. But, he explained, “I‟ll bet we aren‟t off by more than 5% with the 70 – 30 split. May be it‟s 65 – 35, one way or the other, but we won‟t be further off than that.”1 All interdepartmental transfers were done at market prices. Thus, for example, when DH‟s used vehicles were serviced in the DH shop, the sales department paid full retail price for parts and labour. This policy gave the used vehicle manager some negotiating power in the service area. Paying full retail price ensured that internal used vehicle service jobs would not be given lower priority. Valuations of used vehicle trade-ins sometimes created disagreements. These valuations were important primarily because the sales personnel earned commissions based on the profits of the “deals” they closed. Such disagreements were common in dealerships because new car salesmen were often motivated to overpay the customer for trade-ins to secure the new car sale. And at DH, and indeed all dealerships, needed repairs on trade-ins were sometimes not spotted at the time of the sales deal. This could happen anytime, but at DH it was most likely to happen on Sundays when the service department was closed and no service advisor could be called in for a second opinion......

Words: 3279 - Pages: 14

The Fit Stop

...knows that this is a risky strategy, and that cost control will be essential to keep the business going long enough to become well known and develop a stable clientele. She does not expect the business to make a profit for at least one yeat, or maybe even two. Her main competitors will be sporting goods mega-stores and department and discount stores, each of which sells some of the same equipment. Some of these outlets will be able to price their equipment lower than The Fit Stop will be able to, but none have the range of equipment that The Fit Stop will have, and none provide the PersonaLized service that The Fit Stop will. Susan believes that the k"y to her business success will be highly motivated and knowledgeable employees who have a strong concern for their customers and are able to work as a team with the other employees to provide the best Possible customer service. Since no two customers are exactly alike, employees will have to be innovative in developing solutions that fit their needs. It will also be crucial to keep up with the latest fitness and training trends, as knowledge about fitness is continually increasing, along with new and different types of speciahzed equipment. A k*y aspect of company strategy is to be the most up-todate and advanced supplier of new products and techniques. Although Susan has given a lot of thought to her business, one thing she hasn't really given much thought to is how to comPensate her employees. Since......

Words: 543 - Pages: 3

Fit Stop

...“The Fit Stop”, for your review. Using point form, write a brief description of the organization, its employees, and its challenges. What is the organization's domain? (10 points needed) Organization: * The Fit Stop is a new franchise opening in four months. * The Fit Stop will sell all types of training, fitness conditioning and exercise equipment to the general public * The Fit Stop plans to specialize beyond equipment to provide customers with personalized advice geared to customer’s specific training/conditioning needs * It will be starting out with stores in major cities in Ontario and in four western provinces – with plans of expanding to Quebec and the Atlantic provinces * Stores will be located in shopping malls, operating 7 days a week: 9am – 9pm weekdays, Saturdays: 9am – 6pm, and Sundays noon – 6pm. Employees: Employees will range from highly educated (degrees) to high school educated * total employees per store will be 11 to 15 fulltime employees * each store will employ physiotherapist and a person with a Bachelor’s Degree in Kinesiology. * each store will have a Manager with a Bachelor of Commerce Degree * each store will employ sales staff with a minimum high school diploma (8 to 12 per store) Challenges The Fit Stop knows that even though their competitors will sell their equipment at a lower price, none will have the range of equipment that they do and none will provide the personalized service like “The Fit......

Words: 3361 - Pages: 14


...investment information, bidding, technique, finance, business of the Company, the managers include the Head of Departments, the employee in Department of Technique, Bidding, Projects, Finance and Human Resources, in addition to the rules of internal labor regulation, must sign the contract with company about security information. * During the time working for the company, anyway the employee does not directly or indirectly compete with the company . * The employee does not work for competitors and does not provide information for their companies to affect negatively the reputation and economic of the company. * Do not disclose information about his personal income or prying, questioning income of others to create negative effect on the attitude of colleagues. Article 20: Handing documents and confidential information of the Company * The confidential information of company must be kept maximum secret following to the internal labor regulations of the company. * In case hand over documents and confidential information of the company because employee quits, transfers or promoted to another position in the company, there must be the specific handover record and the commitment attached. If employee violates commitment, and the internal labor regulation of the company, employee must be disciplined according to the labor law and the regulations of the company. * Documents from construction site that are handed over to save in the office must implement......

Words: 718 - Pages: 3

The Fit Shop

...The Fit Stop Overview The Fit Stop is a new firm that will be opening in the near future. The founder of the business is Susan Superfit. The company’s business objective is to sell all types of training, fitness, conditioning, and exercise equipment to the general public. The Fit Stop plans to specialize in this equipment and provide customers with personalized advice geared to customer needs. The owner, Susan suffered an injury while engaging in sports activities. She came up with the idea for this business during her recovery. She found that while there were plenty of business that sold fitness and conditioning equipment, they lacked in knowledge. They often gave poor advice on how to use the equipment and what was best to purchase based on customer needs. In order to provide high quality service, each Fit Stop will employ a physiotherapist( to provide advice on such problems as injuries or back pain), and a person with a bachelor’s degree in kinesiology( to provide advice on training for sports and other physical activities). The remainder of the staff in the store will consist of a manager, with a bachelor of commerce degree, and sales staff that will have at least high school diplomas. It is expected that 8-12 sales staff will be needed at each store. The stores will be located in shopping mall and will operate on a seven day a week basis. They will be open from 9:00-9:00 weekdays, 9:00-6:00 Saturdays and noon to 6:00 on Sundays. Susan believes that the key to her......

Words: 2578 - Pages: 11


...Tech-II Proposal: The proposal is to study the concept of Virtual Fitting Rooms and understand the technologies involved in this concept. Introduction: Shopping for clothes online is an exercise in guesswork. Those jeans may seem perfect, but often as not, when they arrive, you try them on and they look terrible. It’s enough to keep a potential e-shopper from buying. E-fitting means "testing fit on the computer." Just as you have a fit session for a garment in real life, with a fit model and a design team, e-fit Simulator takes digital patterns and turns the pattern pieces into "virtual cloth" that can be sewn in the computer and tested on a 3D fit model, right in the software, showing you exactly how the garment is going to look before you sew a single real sample. Virtual dressing room is a relatively new concept which is slowly becoming more available on various fashion websites. Taking form in different ways, the virtual dressing room allows the at home shopper to virtually try on dresses and other fashions online. This allows the consumer to gauge if the style and the fit are an appropriate match before adding it to the virtual shopping cart of a web store. There are currently several different online virtual dressing rooms, but brick and mortar stores are also starting to use virtual technology in the physical dressing room. Technology Involved: The two programs, and are likely to revolutionize online clothes shopping by creating 3-D......

Words: 2690 - Pages: 11

Best Fit

...Contemporary Approach, 5th Edition, Pearson Exploring the Relationship between Strategic Management and SHRM: The Best-Fit School of SHRM The Best-Fit (or contingency) school of SHRM explores the close link between strategic management and HRM, by assessing the extent to which there is vertical integration between an organisation’s business strategy and its HRM policies and practices. This is where an understanding of the strategic management process and context can enhance our understanding of the development of SHRM, both as an academic field of study and in its application in organisations. The notion of a link between business strategy and the performance of every individual in the organisation is central to ‘fit’ or vertical integration. Vertical integration can be explicitly demonstrated through the linking of a business goal to individual objective setting, to the measurement and rewarding of that business goal. Vertical integration between business strategy or the objectives of the business and individual behaviour and ultimately individual, team and organisational performance is at the core of many models of SHRM. Inherent in most treatments of fit is the premise that organisations are more efficient and /or effective when they achieve fit relative to when a lack of fit exists (Wright & Snell 1991:757) . This vertical integration or ‘fit’ where ‘leverage’ is gained through procedures, policies and processes is widely acknowledged to be a crucial part of......

Words: 3955 - Pages: 16