Phases of College Education Completion Lifecycle
a) The phases of the college education completion lifecycle are divided into three phases. They are initial phase, middle phase and the final phase.
b) The initial phase of college life consists of choosing an appropriate college, choosing major and minor subjects, moving into college accommodations and making friends. The middle phase is more about strengthening social bonds and enriching command over the area of specialisation. The final stage consists of completing projects, taking interviews and completion of the course.
c) Some of the techniques the college students can use are lectures, group discussions, reflective questions, reflection on the learned knowledge, participate in various activities and participate in group simulation methods to complete their college education (Teaching.uncc.edu 2017).
d) The various models of college education which can be created are:
The student support model was designed by the innovation laboratory of the Southern New Hampshire University to help the weak students. The models works on a online programme which helps the students to acquire the knowledge at their own paces. The students create the academic plan and take projects to illustrate their learned skills (library.educause.edu 2017).
This new models will allow the branches of the colleges share common policies like education, curriculum and enrolment controlled by central system. This model will allow the branches offering specialisation in several areas cater to their students and yet remain integrated.
The student based model will allow the students to decide the programme they want to choose like a one year programme or a two years programme. The curriculum and the course content will be determined by the college after that.
The student support model allows the students to decide their course content and does not incorporate the system of completion examination. The distributed model will allow the colleges to educate students having diverse needs and yet control their division in an integrated manner. The student based model is a combination of the previous models. It allows the students the liberty to decide their programme according to their needs. It also allows the colleges to control the course contents and examine all the students based on a common set of parameters. This confirms the compatibility and uniformity which ultimately helps the students to get better jobs.
e) The students, in order to complete their education can use tools like setting their goals, align the degrees earned in schools and colleges to their preferred jobs, use the data to take decisions, take part in simulation activities and taking part in projects and seminars (ed.gov 2017).
Techniques for College Students to Complete Education
a) Custom Load Trucking has decided to promote its highly performing system analysts to the position of project manager. It was the good decision because this opportunity will allow expert employees to apply their experience and knowledge while serving as project managers. The employees like Stewart are accustomed with the environment and culture of the company. Thus, they will be in a better position to take decisions and lead project teams. This will make the company more self reliant which will earn it a strong future position.
It is suggested to CLT to employ new project managers and provide them with employment benefits like higher salaries and incentives (Werner et al. 2015). New employees will have their own experiences, ideas and knowledge which will add to the knowledge base of the company. They can also bring about new changes and innovation in the operating strategies of the projects department (Beck 2014).
b) Monica should first create a set of criteria to appraise the project managers. The first two criteria should be setting the targets and areas of performance as per the business requirements of the company. These important criteria should be accompanied by managerial competencies, disciplinary and ethical standards. Then the target performance and the achieved performance should be compared in all respects based on the criteria. Monica should also take peer, subordinate, management and client feedback about the employee in order to promote him. Then she should mark their areas of deficiencies and decide on improvement plans (Bednall, Sanders and Runhaar 2014).
c) Monica should structure the jobs of the new project managers under the project portfolio management or project based structure. This structure will have several projects which will be parts of the strategic business objectives. The structure will have existing, newly promoted and newly employed project managers. There will be a variety of situations which will demand managerial skills and competencies of the project managers. The newly acquired project managers will come into several types of projects and acclimatize themselves with the organisational culture of the company. The new project managers in this structure will be able to learn from the experienced and the existing employees. It will also allow them to apply their acquired knowledge and bring about innovations in project management (Schwalbe 2015).
d) Monica should advice Stewart, as the new project managers should acquire his position and start managing his own projects. She should also advice Stewart to undergo training sessions like active training programmes, brain friendly lectures, learning approaches which allow him to use his experiences and alternative project methods. This will help Stuart to deal with project better and help him to rise in his career as a project manager (Ramazani and Jergeas 2015).
Models of College Education
a) Edward should use the questionnaire to interview the large number of brokers and get accurate feedback within a short time. He can frame a set of research questions which the brokers will answer online (Lim 2016). This will allow him to compile the feedback from all the brokers which he can compile statistically (Lopez-de-Silanes, Phalippou and Gottschalg 2015). This method will allow him to gain feedback from each broker and get clear picture about investor opinion within a short time. Interviewing each broker would have been time consuming.
b) Edward can and should involve customers in the process of installing the new online trading system by arousing interest in them. He should use the marketing department to promote the new system and highlight its advantages like access from smart phones and tablets before the consumers. The marketing team should conduct a survey to know about new trends in technology and customer needs. The company can also give sales promotion and discount offers to create interest among the customers (Buil, Chernatony and Martínez 2013). The marketing department can also send short messages on mobile phones and emails to involve the customers (Chutijirawong and Kanawattanachai 2014).
Edward can use statistical methods to study that the customers he chooses represent a wider population accurately. He can use sampling methods like random sampling, stratified sampling and convenience sampling. These methods are simple and will allow Edward to get an accurate idea about the customer needs and tastes (Cramér, H., 2016).
c) Edward should include other stakeholders like government departments, stock exchanges, financial institutions and competitors. He can use the degree of involvement of the various types of stakeholders as criteria to consider them. For example, the primary stakeholders or consumers consume the trading services directly. Their direct involvement in consuming the services acts as the criterion of making them primary stakeholders. The next criterion of dividing the categories of stakeholders is their role in policy making. The key stakeholders have more power to force policies on the service providers compared to the other categories. The degree of involvement of the stakeholders can be divides them into the following categories.
They are the actual benefactors who consume the services and products.
Parents, schools, community and social workers who create demand among the primary stakeholders form this group. They also include the police, landlords, employers and the labour contractors.
The governments, state assemblies and the policy makers are the key stakeholders.
The media and the influential people are also a part of the stakeholders because they can also influence the company.
- Include all the stakeholders mentioned above in the product designing process.
- Point out the advantage of the new system.
- Give them same importance because they are all interdependent and interconnected.
References:
Beck, U., 2014. The brave new world of work. John Wiley & Sons.
Bednall, T.C., Sanders, K. and Runhaar, P., 2014. Stimulating informal learning activities through perceptions of performance appraisal quality and human resource management system strength: A two-wave study. Academy of Management Learning & Education, 13(1), pp.45-61.
Buil, I., De Chernatony, L. and Martínez, E., 2013. Examining the role of advertising and sales promotions in brand equity creation. Journal of Business Research, 66(1), pp.115-122.
Chutijirawong, N. and Kanawattanachai, P., 2014. The role and impact of context–driven personalisation technology on customer acceptance of advertising via short message service (SMS). International Journal of Mobile Communications, 12(6), pp.578-602.
Cramér, H., 2016. Mathematical Methods of Statistics (PMS-9) (Vol. 9). Princeton university press.
ed.gov. 2017. College Completion Tool Kit. [online] Available at: https://www.ed.gov/sites/default/files/cc-toolkit.pdf [Accessed 31 Mar. 2017].
library.educause.edu. 2017. Breakthrough models for college completion. [online] Available at: https://library.educause.edu/~/media/files/library/2012/11/ng1233-pdf.pdf [Accessed 31 Mar. 2017].
Lim, C., 2016. An emperical study on the service quality and customer retention in the Singapore stock broking industry.
Lopez-de-Silanes, F., Phalippou, L. and Gottschalg, O., 2015. Giants at the gate: Investment returns and diseconomies of scale in private equity. Journal of Financial and Quantitative Analysis, 50(03), pp.377-411.
Ramazani, J. and Jergeas, G., 2015. Project managers and the journey from good to great: The benefits of investment in project management training and education. International Journal of Project Management, 33(1), pp.41-52.
Schwalbe, K., 2015. Information technology project management. Cengage Learning.
Teaching.uncc.edu. 2017. A Brief Summary of the Best Practices in College Teaching | The Center for Teaching and Learning | UNC Charlotte. [online] Available at: https://teaching.uncc.edu/learning-resources/articles-books/best-practice/instructional-methods/best-practices-summary [Accessed 31 Mar. 2017].
Werner, S., Kuiate, C.S., Noland, T.R. and Francia, A.J., 2015. Benefits and Strategic Outcomes: Are Supplemental Retirement Plans and Safer Driving Related in the US Trucking Industry?. Human Resource Management.