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Sample professional development plan
Professional Development Plan, degree
Professional development plan
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Sameera and Emily,
Thank you for reaching out with this offer. I am very excited for the opportunity to work at Lockheed Martin as an Engineering LDP. With my 2 years of professional experience at the start of this position, high academic standing and multiple leadership positions, I am certain that I will achieve impactful results for Lockheed Martin. As an Intern and now Co-Op for Lockheed Martin, my investment in this company is long term, and so this next stepping stone is one I am especially thankful for. With multiple offers internally and externally, however, I would like to discuss the base salary in order to solidify my decision. According to my research, the average salary for a comparable positions in King of Prussia, Pennsylvania
1. How was Lincoln able to grow and prosper for so long in such a difficult commodity industry that forced out other giants such as General Electric, Westinghouse and BOC? What is the source of Lincoln’s outstanding and enduring success?
Compensation is made of a base salary (paid by the hour, work or the year; excluding overtime or bonuses), variable pay (bonuses, profit sharing/stock options which work hand and hand with the performance of the company), and benefits (to include health insurance/savings plans – 401(k), or tuition reimbursement). The traditional way of determining base pay for jobs was to compare jobs in the same industry. Now industry and market, no long work by themselves, the current thinking is more person-based that considers knowledge, skills, and competencies of the work. This, however, is best suited for high-performing environments that remain flexible in their deployment of human capital.
Each company or organization belongs to a market industry that includes three components, the remote environment, the industry environment and the operating environment. These factors impact the decisions that organizations make in order to provide the best services and products while maintaining a high profit for the company. Lockheed Martin is a multinational aerospace manufacturer and advanced technology company, formed in 1995 by the merger of Lockheed Corporation with Martin Marietta (Lockheed Martin, 2008). Lockheed Martin is affected by the macroeconomic environment, the economic decisions that the organization itself makes and the industry environment.
At the time of the case, why has SAP America grown so rapidly? What challenges have been created by the company’s explosive growth?
Lockheed Martin is a company that is on the leading edge of change management and has an innovative culture. The company takes concepts that are nearly impossible and turns them into a reality. Lockheed Martin’s Sharon Watts believes strongly in what she calls “the innovation shout-out.” “You don’t just innovate on Tuesdays,” Watts said. “Innovation just happens. You need to be in an environment where you can go run and tell somebody your idea ("Lockheed Martin: Innovating Culture | Trajectory Magazine," 2017)”. Watts is the new vice president of the Geovison line of business. She is aligning that department to meet the needs of the customers. The top priorities are to make decisions that will provide
As part of bankruptcy restructuring, General Motors (GM) launched an ad campaign that revealed glimmers of a streamlined GM: fewer brands (Cadillac, Buick, Chevrolet, GMC) and fewer models within each brand. In order to properly determine the measurement of which vehicles should be continued and which should not, one would need to determine all the aspects of the vehicles to determine the best options. Cooper and Schindler state that, “measurement in research consists of assigning numbers to empirical events, objects or properties, or activities in compliance with a set of rules” (Cooper & Schindler. p. 246). This is a case where it would be important to measure the numbers of car sales with brands and types of the vehicles in question.
The Political, Social, and Legal Environment of Business. Case Study Analysis: Union Carbide Corporation and Bhopal. A single slip in action may cause lasting sorrow. A slight mistake in operation at a Union Carbide pesticide plant in Bhopal, India, caused a lot of deaths and injuries. What a tragedy it is.
There are several elements that made the Eagle Group successful that can be applied to our team such as diversity, humor and play, leading by example rather than command, and hosting ceremonies.
Honeywell, which is a diversified technology and manufacturing company that addresses some of the world’s toughest challenges with technology partnered with the National Center for Missing and Exploited Children (NCMEC), and decided to launch the Got 2B safe program, it was the result of two factors. First, many of the programs that exist are geared to find children after they have gone missing, and second there are no programs preventing child abduction. The Got 2b safe program provided teachers with necessary material to educate children about safety; the success of the program has earned Got 2B safe eight corporate responsibility awards and a Silver Anvil Award. The cause for Honeywell’s concern about child abduction developed after The U.S. Justice Department reported that on average 2,185 children under the age of 18 have gone
Because each of these different positions requires a different level of education and experience, it is assumed that these positions will also come with different compensation options. Base pay will differ between the three levels of employees, beginning with the managers receiving the highest level of base pay (due to their higher level of education/experience) and salespeople will receive the lowest level of base pay. The physiotherapist and the kinesiologist will receive a base pay somewhere in between.
The topic for my real world negotiation is to come to an agreement with my supervisor for a promotion as well as an increased salary. I currently work as a student assistant at the student services Planning, Enrollment Management, and Student Affairs (PEMSA) department. My goal is to increase my hourly pay from $10.15 to $12.70, a 25% increase. Having worked in this department for three years, I have taken on tasks not part of my job description such as processing return mail, data entry, and supervision.
This paper will analyze the management team at Boeing in regard to planning. This analysis entails an evaluation of the planning function of management. Next, the impact of legal issues, ethics, and corporate social responsibilities have had on management planning at Boeing will be reviewed. Three factors will be examined that influence the organization’s strategic, tactical, operational, and contingency planning. Those factors are outsourcing, competition, and energy efficiency.
In April of 2009, Secretary of Defense Robert Gates announced the termination of the F-22 “Raptor” Fighter program. His action stopped production at 187 F-22s and ended a procurement process that spanned 28 years with an original goal of manufacturing 750 airplanes. The decision to end F-22 production was an initial step to reduce defense budgets and begin a reformation of the acquisition process. Several diverse and compelling factors contributed to this decision that collectively make it seem long overdue in retrospect.
Airbus Commercial is one of the four operating divisions of Airbus Group with Astrium, Eurocopter, and Cassadian (see Appendix 1). Founded in 1970, Airbus is now the European leading aircraft manufacturer, offering modern and efficient passenger aircraft on the more than 100-seat market. At the end of the financial year 2013, the commercial division of Airbus recorded 39.89 millions of Euros, which represents more than 65% of the group revenues (Airbus.com, 2014). Currently, Airbus Commercial competes in each of the three principal market segments for aircraft with more than 100 seats. These include:
Individuals have an intuitive desire to stand out among others. They constantly strive to attain wealth, position and honor through their work. However, running a successful business nowadays is a very hard goal to achieve especially for individuals that work in the airline industry due to its natural competitive environment. There are numerous airlines that are struggling to survive. It is very unlikely to hear about young airlines achieving success at an early stage of their operations. Nonetheless, Air Arabia, a young airline that started operations in 2003, shows promising results that predict its success in the future and its ability to be competitive airline in the GCC airline industry due to its implementation of a successful growth strategy that correlates with the airline’s strengths, weaknesses, opportunities and threats, and due to its strong financial performance.