In: Finance
Current position of the organisation: Provide an outline of
goals and the philosophy of the organisation. Present the current
target market and performance of the organisation.
2. Analysis of the business environment: Effectively assess the
Micro-Environment, Market / Task environment and Macro-Environment
of your organisation.
3. Roles and skills of managers: To discuss the overlapping roles
of managers and the skills required of them in order to take the
organisation. The management style of the management team and its
relevance to the achievement of the organisational goals.
4. Human Resources: An assessment of the organisations human
resources in terms of skills, motivation and retention.
5. Change Management: Ways in which management can react to the
changing business environment. Discuss the inter-related approaches
which the organisation can adopt in reacting to the environment.
6. Organisation Design: The fundamental principles underlying
organisation design should be discussed. Evaluate the
organisational structure of the organisation and its suitability
for the growth and expansion of the organisation
7. Recommendations: Present possible recommendations and critical
success factors that the organisation should implement to achieve
the desired goals.
Having a business of portable charger.
Goal: The goal of my organisation would be to focus and expect
sales from the market of working class or youth. My goal would be
to educate the customers about the product and attract sales from
them.
Target : The target of my organisation would be to expand sales and focus on new innovations in order to beat the competitors.
Business Environment: Analysis of the business environment is the first step before innovating and introducing a product in the market. The micro factors such as the cost of raw material should be properly examined. The place where cheap and good quality raw material is available should be scanned for the purpose of higher profits. The market should be examined, before introducing the market, test should be performed in the market for accurately judging the response of the customers. Macro environment, the organisation should keep an eye on the competitors and should focus on their innovations, such that counter attack could be planned on time.
Role of Managers: Manager of each department should actively participate in their department. Moreover, each department should actively correlate and discuss among themselves such that duplication of work is avoided.They should control the task and should take effective controlling actions whenever necessary.
Human resources: The team of technicians, skilled and unskilled labor should work together. Good environment should be provided to them. Proper rest intervals should be provided. Activities should be arranged such that peaceful and entertaining environment can be build. It is well said that a good environment, reduced the turnover rate and motivates the employees to perform better.
Change Management: Change and innovations are the part of an organisation. With the advancement in technology, changes take place in an organisation. Each change should be properly taught to a worker. Proper training should be given to workers such that they can easily adapt those changes. Changes once learnt would again make comfortable environment for the employees or labors.
Organisational structure: Structure should provide proper delegation of responsibility and authority. Employees and labors should be aware about their heads. They should be aware to whom they are responsible.
Recommendations: Proper analysis of micro and macro factors. Having a first mover advantage by introducing and innovating new things to the market would help the organisation in capturing and building interest of the customers. Keeping customers as well as internal staff satisfied is the key to success in every organisation.