It is the process involving the transformation of inputs into outputs that is; turning resources and raw materials into final products ready for consumers. Operations comprises a significant part of any given business, so influences that affect this area need to be addressed and monitored as changes to operations can be crucial to the business as a whole, and to achieving a business's ultimate goal: profit maximisation. There are many external influences that act on operations these include: globalisation, technology, quality expectations, cost-based competition, government policies, legal regulation and environmental stability. The most significant of these being globalisation and cost based competition. Operations strategies are affected and or needed for managing these influences.
Uncertainties, globalization, rapid pace of technological improvement, innovation, diversity, complexity and information overload are common problems faced by organizations (Maak and Pless, 2006). Ethical behaviour in Business is another point of contention where problems arise and organizations need to rise to this challenge and which they cannot afford to ignore (Thomas et al., 2004). These circumstances create a need for strategic leadership. This essay by means of a literature review tries to explore the necessity of
ORGANIZATIONAL CULTURE CHAPTER SCAN Corporate cultures provide identifying characteristics and values for organizational members to appreciate and learn. Cultures are distinguished by artifacts, values, and basic assumptions. The socialization process is the entry stage in an organization that provides clues about its culture. Cultures are difficult to change, yet change is necessary in some instances for survival. Organizations need an adaptive culture in order to respond effectively to the changing environment.
Due to the ever-changing external environment organisations face a plethora of obstacles when conducting business. Organisations have to attempt to ensure that their activities and resources fit to ensure success. The aim of this report is to identify the obstacles that FedEx face through analytical tools and analysis. To establish whether FedEx are responding to external pressures appropriately by configuring their resources and building on any competencies they may have to ensure success. Conclusions and recommendations shall be offered after the analysis of the external and internal environment in which FedEx operates.
In this age of competitive business, managing change is a huge factor which determines success or failure of an organization. It seems to be that managing change may affect with various change of the organization such as complexity of work processes, cost structures, communication protocols, work environment, employee engagement. It is predictable that change is a sort of challenge. It might be brought risks and disorder into the organization. However, it is widely fulfilled in real world due to its importance and managing change is constantly considered by management theorists, practitioners and business firms.According to Palmer, Dunford& Akin (2009),there are two key images of managing which are management as controlling and management as shaping added to that there are three core images in terms of change outcomes which are intended, partially intended and unintended.
Reflection Paper: Chapter 1 The first topic is an overview about operations management. During the discussion I was able to understand more what is the importance of operations management in the success or failure of a business. It was said that operations management is the organization, coordination and control of the company’s resources in the production process of a product or service. Also the operations management helps in the transformation of the business inputs like raw materials and information into finished goods or service. Operations management is said to be one of the major functions in a business.
• Structural impact. How does globalization structure patterns of behavior (social, political, economic, etc.). Globalization means many things to different people depending on one’s perspective and where you are in the world, be it developed or developing nation or leader in business or politics. Research has shown that there are many definitions with some common themes emerging. There would be agreement that Globalization is
Organizations face, thus, constant challenge of change in management. Economic and social forces create a necessity for internal changes in organizations. Globalizing marketplace and fast technological changes force organizations to be superior and be proactive in identifying and evaluating impacts of change. In today’s turbulent work environment, change is a means to keep in competition, to renew continuously organizational structures, directions, and capabilities for customers, employees, and owners. The primary managerial challenge of coping with continuous change is managing and implementing change successfully.
There are many definition of “Strategic human resource management” but in general, it can be defined as the link to connect the human resources with strategic goals and objectives in order to improve business performance and develop organizational culture. It requires thinking ahead, and planning ways for a company to better satisfy the demands of its employees, and in return, for the employees to better meet the requirements of the company and driving company to achieve the specific goals. Therefore, we can understand that Strategic human resource management is a branch of Human resource management. After taking a course of Strategic Human Resource Management, I take a hard time to study and apply my gained knowledge to evaluate the Success of Unilever, a leading company of United Kingdom. Focusing on food, drink, tobacco and other consumer product, Unilever has already achieved their
Intro The four functions of management are essential to running a successful business. However, there are many factors, both internal and external, that affect these functions of management. After identifying these impacts it is essential for managers within a corporation to deal with these factors through delegation and planning. There are many examples of the affect of internal and external factors on businesses in America. This paper will analyze the impact of such factors and management responses within the General Motors, Inc. Internal and External Factors Effects on Four Functions Planning, organizing, leading, and controlling are the four vital functions to effective management (Bateman, 2009).