IBW - Internationale Betriebswirtschaft
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Course of studies
This bachelor thesis explores the opportunities of Talent Scouting at ZF Friedrichshafen AG in terms of a cross-divisional internal talent management measure in line with future requirements and the frame of a CoE function. It deals with the definition of talent within the scope of Talent Scouting, ZF specific demands with regard to matching internal talents with key positions and the general framework that must exist in order for Talent Scouting to be successful.
The thesis is supported with primary and secondary research data. A theoretical framework is set up through a comprehensive literature review and used as a foundation for a qualitative data research approach. The literature review comprises the talent definition within the business scope, the frameworks of TM and a first look at Talent Scouting. Furthermore, relevant internal TM measures at ZF are examined. The research includes expert interviews conducted with ZF internal employees. The gained insights are then discussed and concluded into recommended actions for a Talent Scouting process at ZF.
Major findings include a new understanding of talent and the need for a transparent process to encourage and enforce internal mobility division-wide. Additionally, the requirement for an overall coherent TM strategy is accentuated. This is emphasized with demands for a cultural and organizational mindset change. Additionally, a talent life cycle is established and the concept of a Talent Conference is considered. Further topics discussed include the use of big data, staffing rules in placement processes and possibilities on increasing visibility of talents.
Finally, the thesis provides a brief outlook on the potential of people analytics and system-aided processes for HRM in the future.
Renewable energies play an increasingly significant role both in politics in Germany and especially in the energy market. The latter meanwhile is determined by the prices of the different energy sources in the mix of the German market. The goal of the present work is to analyse the influence of renewables on energy prices on the Spot and the Futures market and to find indicators, that help to better predict energy prices and therefore could be decisive for the time of purchase. Due to the limited scale of this thesis and because of the leading role of wind and solar energy, the main focus is on these two energy sources. Therefore, a quantitative data analysis by means of Pearson’s correlation coefficient is performed. The results are analysed to find main influencing factors on energy prices. Using the results, it can be concluded by what kind of event the resulting price changes are caused and how these events can be forecasted.
Social media is important to the private lives of people. Marketers can use this to sell their products and create a competitive advantage. This study’s research questions were formulated in order to examine this topic more closely. The aim of this thesis is to provide a theoretical background on social media and the influence of purchase decisions, as well as empirical evidence. Secondary data from various journals and articles was used to provide a theoretical framework based on the latest information. Empirical studies by researchers in different industries have examined the topic with a statistical approach. Their findings are used to provide a practical perspective. The results show that social media has a positive influence on consumers’ purchase behaviour. The conclusion discusses recommendations for future research, limitations and a critical view on existing empirical research and theory on this topic.
The international debate on cannabis legalization gained considerable momentum after US states Colorado and Washington adopted laws on legal recreational cannabis for the first time. Ever since, seven US states and nations such as Uruguay and Canada followed the lead. Germany is no exception from this development and there are various other countries considering to legalize marihuana for recreational purposes as well.
It is of high interest for policy makers in politics, economics and public health and safety to understand to what extent such an amendment influences different areas of society. The academic literature about coherent implications for the German state is scarce. The present thesis is an analysis of the economic consequences of a potential cannabis legalization in Germany and a weighing up of its pros and cons in monetary terms.
Information about properties of cannabis markets such as supply, prices, demand and their dynamics - predominantly from scientific research in nations with adopted legalization or decriminalization laws – were examined and transferred to Germany to compute likely income and expenditure related to or influenced by cannabis. Factors included are demand reactions and thereby impacts on tax income from marihuana, public expenditure for law enforcement and health, the alcohol industry, opiate consumption, as well as road safety
and drug-related crime. A legalization would result in a significant increase of annual cannabis consumption and regular users in Germany. The analysis identified public expenditure and tax income as substantial components with regard to the economic feasibility study. Interrelations to alcohol consumption are also important in determining the appropriateness of such an amendment. Severe adverse outcomes on road safety or other drug consumption are not expected. Drug-related crime and power of organized crime are likely to decrease.
Die vorliegende Bachelorarbeit schafft einen Überblick über das Thema Prozessmanagement und Qualitätssicherung in der Abteilung der Produktion der Firma Camfil APC in Tuttlingen. Durch eine erhöhte Rückmeldung an Reklamationen seitens eines bedeutenden OEM-Kunden, ist die Notwendigkeit zur Verbesserung vorhandener Prozesse gegeben. Vor diesem Kontext soll die Frage beantwortet werden, welche Maßnahmen zur Verbesserungen von bestehenden Prozessen ergriffen werden können, um qualitativ hochwertige Prozessergebnisse zu garantieren und zu sichern. Dabei werden Prozessmanagementmethoden wie das, von dem Unternehmen verwendete, Lean Management und weiterführende Methoden des Qualitätsmanagements bei der Analyse der Fertigungsvorgänge in der Serienfertigung und Standplatzmontage für den OEM-Kunden eingesetzt. Durch die im Rahmen der Observation aufgedeckten Potentiale werden spezifische Verbesserungsansätze für die Fertigungsebene generiert.
Through the worldwide changing world where the availability and accessibility of data becomes more and more important, companies have to take advantage of these new trends and embrace the change. The thesis aims to explore the evolution of the human resources department in organizations especially focusing on people analytics.
The objective of the presented study is to analyze the development of the human resources organization towards a more data-driven function. In addition to that, a practical study in cooperation with the corporate people analytics team at Nestlé was conducted. As the HR function of Nestlé goes through its global transformation between 2018 and 2020, one result is the changing role of the HR business partner. In the future, they will have to apply analytical skills such as sourcing data and analyzing data, and generating people and organization insights to enable high quality decision making. In order develop and train the HR business partner in these additional competencies, a training program on people analytics has been elaborated through this study. The research concludes with strategic recommendations how to incorporate the training within Nestlé.
Johannes Mohr, the owner of the start up company KARMA foods, has made it his life's mission to do something good for humanity. His idea is to make the world a better place by selling organically and sustainably produced products from Sri Lanka. Therefore, the company is also one of the so-called social entrepreneurs. Social Entrepreneurs are companies for which social thinking has the highest priority while doing business. KARMA foods thus supports social projects in Sri Lanka as well as animal welfare in Germany with every product sold. This is done by injecting a certain amount of money per product sold into the projects.
The social trend has changed significantly in recent years. As a result, businesses today are forced to adapt to the increasing health and environmental concerns in order to come up to the consumers' needs in the future. This growing health trend, especially with regard to healthy nutrition, also brought many superfood products to the market. Also the products of KARMA foods. The product range includes four products, the Moringa leaf powder, the Moringa capsules, the virgin coconut oil and the organic monkey mousse.
The aim of this bachelor thesis is to show the company different online marketing models, which are suitable for the marketing of superfood products. These are especially important in making KARMA foods better known to its target audience and gaining reach. On the other hand, they are more cost-saving than conventional marketing models. This is especially important for start ups with low budgets.
Another part of the work is to create a business plan for KARMA foods in order to give the company a structure and a guideline for orientation. This structure is a great help not only for the company itself, as all important business processes have been written down, but also a helpful document when borrowing money. Because potential lenders want to know who they are dealing with and whether they can trust the company or not. The work thus provides the company with important tips on how to make the KARMA foods brand and its products more widely known to consumers, as well as providing guidance on where the company currently stands and what it can achieve in the future.
Understanding consumer behavior is a crucial task for businesses as it is fundamental to analyze and implement successful marketing strategies. The following Bachelor thesis investigates the consumer behavior of Millennials, a consumer group that, due to its size and unique consumer patterns, has become ever more interesting for businesses in recent years. Firstly, this work gives an overview of the necessary steps to analyze consumer characteristics to understand the main concept of consumer behavior as analyzing consumer characteristics forms the basis of developing and finally implementing appropriate marketing strategies. Secondly, as modern technologies play an important role in consumer behavior, this Bachelor thesis analyzes the influence of advanced technological marketing tools on consumer behavior in greater depth. Thirdly, this paper takes a closer look at the millennial generation, thereby focusing on its distinct consumer behavior and its importance for businesses and societies – across time as customers as well as employees. To understand the significance of the millennial customer segment, it is not only important to contrast the consumer behavior of Millennials to those of other generations but to also get familiar with the Millennials’ main characteristics that define their consumption patterns such as their focus on status and sustainable consumption. Finally, this Bachelor thesis outlines potential opportunities and challenges for marketers today and in the years to come and provides suited recommendations on how to effectively target the millennial customer segment to best meet the expectations of Millennials.
Erismann und die deutsche Tapetenindustrie sind mit sinkenden Absätzen konfrontiert. Laut einer aktuellen Studie haben die Deutschen ein negatives Bild von Tapeten und sind unzureichend über die Vorteile von Vliestapeten informiert.
Diese Arbeit entwirft einen strategischen Ansatz, um deutsche Endverbraucher über die Vorteile von Vliestapeten zu informieren. Die Möglichkeiten des Reichweitenausbaus Erismanns im Web und Sozialen Netzwerken werden erforscht, ein Ansatz zur Aufklärung der Endverbraucher wird erarbeitet und Vermarktungsempfehlungen ausgesprochen.
Basis der Arbeit ist eine Marktanalyse mit Modellen wie Porter’s 5 Forces und PEEST. Der Konsument, seine Kaufmotive, sein Customer Journey und Kaufverhalten werden untersucht. Eine Segmentierungsstrategie mit dem Ziel, Buyer Personas zu erstellen, wird entworfen. Das erleichtert die folgende Differenzierung und Positionierung. SEO Maßnahmen werden ausgewertet. Die Content-Marketing Strategie verfolgt das Ziel der Erstellung von Themenbereichen und Anwendung von Storytelling auf der Webseite und in Sozialen Netzwerken wie Facebook und Instagram.
Es zeigt sich, dass eine Reichweitenerhöhung mit SEO (Suchmaschinenoptimierung) Maßnahmen, Blogging, organischem Linkbuilding besonders über Influencer und der Erstellung zielgruppenrelevanter Inhalte durch Content-Marketing erreicht werden kann. Content-Marketing ist geeignet, um Konsumenten zu erreichen und über Produktvorteile aufzuklären.
Die Aufklärung über die Vorteile von Vliestapeten geht zwingend mit der Verbesserung des Images von Tapeten einher. Aufgrund der steigenden Bedeutung von SEO und Social Media Marketing muss Erismann Erfahrungen in diesen Bereichen sammeln und seine Online Präsenz ausbauen.
The present work illustrates the challenges non-profit organizations are facing, especially in regard to marketing measures. Rapid technical advancements and the continuous development of digital assets opens new creative possibilities, which organizations must recognize in order to operate successfully.
Future philanthropists’ charitable contributions are shaped by generational characteristics. The new generation forces organizations to implement new strategies and to revise its approach in order to address given needs and to satisfy all participants. Social platforms, permanent internet access and specifically mobile phones influence promotional activities which emphasizes the great importance of a digital marketing concept. Furthermore, charity organizations need to adapt new ways of engaging with their donor base in order to build a sustainable and lasting relationship.
This paper aims to reveal generational impacts on charitable contributions. It focuses mainly on marketing measures and the upcoming challenges and specifically aims to examine existing evidence for the effectiveness of Video Marketing. Hence, the key question to be answered is if video illustrates the new sales tool to approach future philanthropists. Therefore, an interview with the expert Dennis van Dijk, the COO of MSSG B.V., is being conducted to support the possible result.