Invention

Invention Invention Home›Marketing Posts›Invention Marketing PostsInventionDespite increase in the global cost of living and economic uncertainty, I strongly believe human beings still consider entertainment as an integral part of their lives. It is within this noble reasoning that I intend to initiate HM (High Max) company because of I believe this will form an organization that can generate profit, employment and opportunity while at the same time understand that I do not have adequate resources for a big venture. HM will deal in developing, marketing, publishing and distribution of video games.Intending to compete in a $35 billion global market, HM aims at becoming one of the leading companies in the video game industry. Focusing on delivering games in all four of the leading consoles, (PS3, Xbox, PC, and Wii), HM will achieve to simultaneously launch titles in each of the platform in order to provide a game quality gaming experience to every possible gamer out there. Despite a number of challenges that HM faces such as rising costs brought by the high demand of quality graphics and game play, a numerous game selection, rapid evolution of game consoles, and a highly contested but promising E-market segment brought by the online gaming trend, the E-gaming market is expected to rise and offer opportunities for growth.One of the strategies that I will enable is the Supportive system of leadership.   The base of this model is management with an executive direction of support. The workforce on the other hand is directed towards working and participation in decision making (Hellriegel Slocum, 1973). This will not only tap knowledge and skill from the workers, but also make them feel recognized and in that capacity, motivate them. HM will seek non-monetary methods of motivations to enable me reduce of operating costs and maximize out-put (UNDP, 2006).The driving forces behind this initiative are the evolution in social and technological aspects of global human existenc e. On social, the rising trend in online gaming brings new business opportunities. Large groups of gamers are within this segment, making it an important target for video game companies. With the age of the average video game player on the rise the gaming industry has created new niches that desire a more demanding adult gaming experience. Viewed from technological perspective, great leaps in the quality and game play brought by the new platforms demand more complex gaming by the consumers resulting in increases in RD costs. The new trend of online gaming has given birth to digital distribution and Massive multi-player online games (MMOG). Furthermore, the release of high capacity mobile phones has expanded mobile gaming to cell-phone users.With the process of staff recruitment and selection continuously posing critical challenges to managers, there is an urgent call and demand for a new and swift paradigm shift, which embraces newer technologies and modern management strategies, th is is as mentioned by Michael (2009). The biggest staffing challenge for HM is the intricacy of matching the right candidate to the right job given the fact that the organization will demand a technologically perceptive workforce.Despite the opportunity for growth, there are internal and external threats to the initiative. The Intensity of Competition is at its record time high with three major competitors (Sony, Microsoft, and Nintendo), 20 other independent developers, diversified media companies (Disney, Viacom, Fox), and over four Internet engines, the video game industry is highly saturated. This niche is not an attractive industry for new entrants. However, within this cacophony, the Bargaining Power (Buyers) is high due to the extensive variety in possible substitutes. With 100s of titles been added to each platform every year the consumer has many options. On the other hand, the Bargaining Power (Suppliers) is high due to Sony, and Nintendo being the exclusive producers of D VDs and cartridges for their respective platforms. Microsoft also required preapproved manufacturers to be used for the Xbox titles.The understanding is that resources are very constrained and as such, the available â€" slightly less than $500,000 will go to the most important requirements. These will include office space, licensing and regulatory requirements, procurement of critical infrastructure, and recruitment of personnel and marketing of HM’s services. Marketing of the services is expected to constitute the highest percentage of this amount because it is the single most important determinant of HM’s success.Organizational outlineInitially, the organization will employ the informal communication system. This is because unlike the formal system, this system allows for easy sharing of information and in that capacity enabling a formation of common psychological models. This system is flexible, easy to manage in small firms, applied in team-based structures and include integ rator roles (Woodward, 1965).Despite having the informal communication system, I will also choose to enact a hierarchal style of organization since it will confine the usual organization charts appropriately. This will be until the organizations gets larger to a level of having more different kind of links between parties. At this level, HM might take in the matrix style organization where individuals are structured by job function and location at the same time (Helmy, 2006). This will be expected to yield accountability from the workers.Organizational decision making Decision making is a challenging field and will need more than one institution in the organization to make clear outlines on scope of operation or deal with arising issues and challenges. This will begin with objective setting in the organization, probing for options, analyzing the given options and choosing criteria. Generally, this process will be as suggested by Hicks Gullet (1975); Anderson (1988). For a small fir m like HM, integration of all personnel can be very beneficial in decision making.Division of LaborTo ascertain that workers in the organization perform appropriately and increase their productivity with time, work will be subdivided into different categories and assigned to different persons. This strategy will increase work efficiency due to specialization and is very important more so when the company grows and increases in complexity (Helmy, 2006).This will also make it easier for the overall manager in the organization to evaluate workers abilities in different levels and assign them work depending on their strengths.MarketingThis will entail thorough market research to ascertain the exact platforms to put emphasis on. Due to the significance that marketing has to the organization, I will initiate scientific methodologies of market research. For the success of the business, this practice of research will be done from time to time so as to address arising challenges and to enabl e us change with trends that therein exists in the market. All areas of marketing decisions and related issues should be supported with a great evidence of research (Paul, 2002). In this same capacity, risk analysis will be done and this will enable a clear understanding of the risks at hand and their intensity. The organization will therefore be prepared for any shortcomings that may hinder its success in the future.Advertisements on different websites will be done to ensure thorough publicity of our unique products. This will mostly major with social and business related sites and it will begin by using my friends to market the organization (Taylor Francis, 2009).Risks expected and how to overcome them.The major risk expected by the organization is stiff competition from the other existing and established organization in the online entertainment industry. These organizations are expected to be financially well off than HM, and therefore other strategies that do not solely rely on money will be put in place. One of then will be to have lower charges for similar produce, after sale service for our clients and having systems that work efficiently round the clock.The other challenge expected is insufficiency of staff, in number and potential. This is because getting experienced personnel to undertake operations in HM will be exorbitant, and getting enough skilled labor might also be a challenge. To deal with this, HM might need a few volunteers at the initial stages until financial stability is gained. This will calls for a lot of motivation and sacrifice from the pioneers and stakeholders of the organization (Wayne Berrett, 2009)ConclusionHigh Max Company is intended to create employment opportunities and generate revenue amidst challenges that will tend to draw it away from these objectives. These challenges are majorly insufficient funds and a saturated market to venture into amidst established companies. This calls for HM to have strategies that will enabl e suppression of the challenges and ensure sustainable penetration into the online entertainment industry while having in mind the financial inhibition experienced it has.The primary solution is to have operation models that are cost effective and sustainable for a small firm in the launch stage. Managerial strategies need to be stringent enough to ensure that optimum performance is obtained from the work force in the organization at the lowest cost possible. This will be enabled by appropriate non-monetary motivational incentives. These will include; suitable working conditions, occupational heath, recreational facilities, recognition, sense of duty and further training. A motivational tool for our clients will at the initial stages be contribution to a charity institution. Later on we might venture into larger projects to help the public while also marketing our organization.The leadership system will be a decentralized one and a rather informal mode of operation will be enacted t o ensure thorough participation of all the work force in decision making. Never the less, a scientific approach will be used in solving technicalities of operations. This will be majorly in market research and in other areas of the organization as deemed necessary from time to time.

How to Make a Difference - Underrated Social Issues

<h1>How to Make a Difference - Underrated Social Issues</h1><p>When you are considering how to have any kind of effect, there are a lot of ignored social issues that can possibly have an effect on society. Numerous individuals imagine that an individual can possibly have any kind of effect in the event that they have cash, and truly you can really hugy affect a wide range of issues. There are a wide range of ways that you can have any kind of effect and they are in truth very easy to do.</p><p></p><p>The first thing that you have to do is to begin on certain things that you are enthusiastic about. Possibly it is something that you love to do, or perhaps it is something that you don't cherish, yet it is something that you know is imperative to you. This is something that will give you something to concentrate on, and in time it can turn into an energy. This will make you bound to need to do more.</p><p></p><p>After you have begun, you have to begin sharing what you are doing with others. Perhaps the most ideal approaches to do this is to begin a blog. A blog is something that you can set up where you can expound on what you do, share stories, talk about your preferred points, and more.</p><p></p><p>If you need to get extremely innovative with your blog, you could likewise incorporate other online networking destinations, similar to Twitter and Facebook. At the point when you add different things to your blog, individuals will be bound to understand it and they will see that you are extremely energetic about what you are doing.</p><p></p><p>You can likewise utilize other news sources, as digital broadcasts and sites, to assist you with advancing your blog. This can assist you with making a bigger network of perusers, and the perusers that come to you will be significantly more prone to pass on your blog, and those that you have connected to from diffe rent web journals and websites.</p><p></p><p>You can likewise exploit social bookmarking destinations, which are incredible spots to discover different people'sblogs. In the event that you are dynamic in a specific online life website, you can generally leave remarks and attempt to urge others to add something to your blog. You can likewise begin discussions and go on conversations about what you are doing.</p><p></p><p>There are a variety of ways that you can advance your blog, and in the event that you are continually advancing it, you will find that there are more individuals that are going to see it, and discover that you are additionally advancing it. These are for the most part incredible approaches to get more individuals engaged with your blog, and ideally you will assist them with understanding that they also can have a major impact.</p>

The Right Way to Structure an Essay - What is the Best Essay Writing Alternative?

<h1>The Right Way to Structure an Essay - What is the Best Essay Writing Alternative?</h1><p>There are a wide range of approaches to structure an article, however not every one of them are similarly viable for others than themselves. This implies there is a good and bad approach to a decent essay.</p><p></p><p>For model, when composing a paper for one of your colleagues, you may feel that you need to think of certain areas such that will profit another person yet not somebody simultaneously. That isn't really the situation. All that you can do is to make sense of what technique will work for all gatherings involved.</p><p></p><p>That implies you ought to have the option to consider which strategy will give you the most advantage just as minimal impact on the other people who are partaking all the while. The best activity is to figure out which technique works best for you and your colleagues. There are a wide range of techniques that you can consider. One of the better ones is exposition writing.</p><p></p><p>In general, the best activity is to invest energy understanding your theme just as any other individual who is associated with the task. At that point you should concentrate on writing in the correct way. This should be possible in a couple of various ways.</p><p></p><p>Some individuals like to take notes over the span of the article. Others use pens and paper. You can even utilize an electronic gadget, for example, a computer.</p><p></p><p>Of course, in the event that you use pencils or paper, you can record whatever occurs during the procedure. In the event that you have your own framework for checking or featuring, at that point it truly doesn't make a difference. Be that as it may, in the event that you are utilizing a pen and paper, at that point you ought to have the option to get the significance of the substance composed by your colleagues while doing a portion of the required notes.</p><p></p><p>One of the normal exposition group is to work out everything in a blueprint. That implies you will know ahead of time precisely what you will compose. That can work extraordinary for individuals who can't fit the whole idea into a specific measure of time. The remainder of the class would then be able to concentrate on talking about the components that they have to add to the general idea.</p><p></p><p>Another basic technique is to utilize a segment called a synopsis segment. The thought is to talk about everything in the fundamental body of the exposition and afterward come back to what is being examined in the outline area to examine a portion of the littler subtleties. Both of these techniques will work for the individuals who are composing a piece for the class.</p>