Reflection On Macy's Presentation

Critically analyze the organization from the systems approach. You should consider the inputs, transformation and output elements of the operation and consider how the system creates value.

A business model is an important and integral part of the business a strategy of any firm whether big or small. The way a business model is developed determines and indicates the values, ethics and principles on the lines of which the business at large will be operating. It also indicates how the business is going to function and covers various internal and external dimensions of a business and the organization as a whole.

Macy’s Inc. is one of the oldest enterprises in the United States, belonging to the department stores industry. (Hoovers.com) It is a national brand, owning 850 department stores. During the development of the company, there had several key decisions that were beneficial for the company. However, in recent years, the competitions in department stores industry become more and more serious.

I went to Manhattan, New York for vacation and decide to visit the Manhattan Macy’s department for the first time. I couldn’t help to notice the aroma of fresh cookies, pizza, and ice cream for sale before entering Macy’s it was Macy’s, it was making me hungry. I bought chocolate chip cookies and tasted like fresh warm cookies that directly from the oven. When I enter the store, I laid eyes on the setting of Macy’s it very different from the one in Miami it was very luxurious atmosphere because the gold the furniture and polish marble Italian tiles. I felt so welcome there the people were so nice to me, I thought it was the holidays because everyone was in a good mood. As I was walking to the Men’s side of the department store

To analyse the presentation and teamwork I need to be able to understand everyone has different experiences and different ways of working and had their own view on teamwork. My confidence grew as I got to know the team. Giving the presentation has helped me with my confidence, which I will need when I am working in the health care. I have also learned to speak up more and encourage others to take part when they where being quiet and not pulling their weight. It was good to do research using the appropriate methods, looking at journals and professional sites. I managed to hold it together during the presentation in front of everyone. I knew the presentation was not going to go as well has it could due to the lack of practice. The reason I was so nervous was

My summer at Governor’s School was a time spent revealing what it takes to be a good leader. I was given an opportunity to present myself as a leader when the Natural Science faculty chose me, along with three others, to collaboratively create a presentation about the expectations that science often necessitates. The way I would confidently express my ideas and thoughts through my active participation in class lead me to be chosen. I was ecstatic to spearhead this prime opportunity to break down some common misconceptions in science, so I immediately began to prepare my presentation to share with the other presenters. I did this to establish the foundation of the content the presentation would include. However, what I was unaware of was how one of the presenters, Olivia*, was doing the same thing. During our first brainstorm meeting, we began to butt heads instantly. Thus, I began to feel a sense of foreboding before every collaborative session with this group as it only seemed to end in disagreements and arguing. Our escalating display of leader tug-of-war soon bred tension in our work group, leaving the other two presenters feeling ignored and uncomfortable.

Macy’s is a company that is embedded in our national pass times and has become more than just a retailing store. Its long history of retailing is over 150 years old. It was founded in 1843 by Rowland Hussey Macy in Harverhill, Massachusetts and was not originally a retailing store. Originally, Rowland targeted the mill industry and it employees and opened four dry good stores. Unfortunately early success did not come for Macy as the company’s first stores actually all failed. Luckily, Mr. Macy was a resilient man who learned from his early mistakes and realized that his target market for this type of store was not mill employees but a higher end clientele. He opened his new store “R.H. MACY” on Sixth Ave between 13th and 14th Street with the trademark star flying high. Mr. Macy had used his tattoo that he had on his arm when he worked in Nantucket on a whaling ship, the Emily Morgan. This was a success for Mr. Macy and as his company grew so did his tactics and innovation on bringing in new customers. He was the first to implement theme exhibits in his stories as well as illuminating window displays which was new tactics in the late 1900’s. He was also the first store to use publicity devices to bring in new customers and since they did not have modern communication he used “Santa Claus” as a public figure to draw in customers. Unfortunately Mr. Macy would not see the 20th century and passed away.

Macy’s does not sell one brand or specific item. It holds many different well known brands such as Michael Kors, Calvin Klein, and Ralph Lauren. Each brand has its own item they sell. Most brands sell clothing, shoes, accessories, jewelry, handbags and some sell home decor. Macy’s is focused on valuing customer needs and providing an engaging service.The products that Macy’s sales have changed drastically. It started producing dry goods and as it got more popular it began to sell more well known brands. Today it no longer sells dry goods, instead it sells clothing, kitchen appliances, accessories and other basic supplies. Macy’s is a company that is known for giving back to local communities and helping bring awareness to different causes.

Macy is one of the nation’s largest Omni channel retailers that just started off as a fancy dry goods store at the corner of 14th street and 6th Avenue in New York City in 1858. First-day sales totaled $11.06 but by the end of the first full year, sales grossed approximately $85,000. By 1918, R.H. Macy & Co. was generating $36 million in annual sales. In 1922 it began to open regional stores and take over competing retailers. On December 19, 1994 Federated Department Stores, Inc, which is now known as Macy’s Inc. acquired R.H. Macy & Co. Shortly after in 2000 Macy’s opened its first store outside of the continental United States in Puerto Rico. In June 2001, Federated purchased the Liberty House operations in Hawaii and Guam, bringing the proud Macy’s tradition and heritage to the Pacific. On February 28, 2005, Federated agreed to terms of a deal to acquire The May Department Store for $11 billion in stock, creating the nation 's second largest department store chain with $30 in annual sales and more than 1,000 stores. On July 28, 2005, Federated announced, based on the success of converting its own regional brands to the Macy 's name, its plans to similarly convert 330 regional department stores owned by the May Company. This is how Macy’s received its name which is recognized all over the U.S. Macy’s now serves customers through approximately 775 stores in virtually every major geographic market in the United States, as well as the macys.com

Macy’s was founded by Rowland Hussey Macy. After the failing of his four retail dry goods stores, he established the first R.H. Macy & Co. in New York City in 1858. The sales of R.H. Macy & Co. in the first business day was $11.08. But the sales gross at the end of the first year was $85,000. After the death of Macy and his family, Isidor Straus and his brother Nathan Straus from 1895. By 1918, R.H. Macy & Co. had annual sales of $36 million. In 1922, Macy’s went public. From 1922 to 1936, Macy’s began to open stores in other areas and take over competing retailers. In 1945, Macy’s started expending to the west. In 1946, the first store of Macy’s California was established. After the Macy’s spreading all over the United States, Federated Department

Macy’s Inc. is a retail store with over 870 stores in as many as 45 states across the United States. It provides women’s apparel, men’s apparel, cosmetics, and home/houseware products. In any business or organization, scheduling for employees is a crucial element of the business. Scheduling affects the overall success of the business, employees, and clients or customers of the organization. Proper scheduling contributes to the flow and organization of the business. Well planned scheduling ensures that important tasks are done efficiently and in a timely manner.

Annual sales are the revenue that a company derives from the sale of its products in a year. In the case of Macy’s, the annual sales for 2015 decreased $1,026 million or 3.7% compared to 2014. The Company encountered an overall weakness in sales, but geographically sales in 2015 were greater in the western and southern regions, where the weather was less of a factor, while sales at locations that are frequented by international tourists.

The problem we are presented with is to optimize the amount of boxes of shoes to be transported from 2 warehouses to 10 different Macy’s stores such that the cost is minimized. The main consideration of this problem are the price differences associated with each combination of transports. This means that each combination of warehouse to mall has a different shipping cost. Additionally, there are three different shipping costs based on the quantity of boxes being shipped. Combining these factors results in 60 decision variables which makes it necessary to use linear programming in order to minimize the cost.

In 1858 in New York City on the cross streets of 14th and 6th avenues begin the legendary retail chain known as Macy’s. This is a company that is ever ingrained in the American consciousness. During Thanksgiving every year we all wake up and before our day of gluttony and football watching we all turn the television channel to the Macy’s Thanksgiving Parade. Where millions of people gather while a parade of balloons, artists, musicians, and companies wind their way to 34th street in anticipation of the Christmas season. At the time every child waits for Santa Claus to cap off the parade in a grand fashion.

Macy’s Inc. competes with other major players in the Department Store Retail Industry as well as with discounter, luxury stores, specialty stores, mail order and pure play internet retailers. Key competitors include Sears, J. C. Penny, Kohl’s, Nordstrom,