Explain in details the type of your business organization, how you will set vision, mission, goals and objectives (product and services).
You are also required to explain how you can make use the management functions (POLC- Planning, Organizing, Leading and Controlling) in ensuring the effectiveness and efficiency of your business operations and in coordinating the work of company employees with professional management skill:-
1) Planning – identify three (3) plans for each strategic and operational plans of your company;
2) Organizing – organization chart of your company (Organizational Structure and Design), job scope; and choose any three (3) key elements under organizational design
3) Leading – leadership style applied in your company;
4) Controlling – relate to planning above (including alternative actions when the plans fail)
Evaluate the organizational environment using SWOT to strategize your business.
In the course of evaluation, identify at least THREE (3) items in each SWOT component for the company. Against the THREE (3) items identified in each SWOT component, operationalize the action plans to move your business forward to attain the set goals and objectives.
Based on your organizational environment analysis, particularly human resources and capabilities, recommend any FIVE (5) ways you would use to motivate the employees in your company to upgrade their capabilities (skills) and hence develop core competencies for the company to achieve your business objectives.
In summary, the requirements are:-
POLC Implementation – Management functions to ensure effectiveness and efficiency in your business operations
Amazon is a behemoth e-commerce platform which offers millions of products and services in more than 188 countries across the globe. Along with this, organization also offers international shopping for certain products in those countries where company is not yet present. With 12 registered offices in different countries, organization has marked its presence as the largest e-commerce platform across the globe in terms of market capitalisation. Amazon’s CEO believes in expanding their product and service offering regularly with the objective of enhancing their customer base as well as to retain their existing and potential customers. In relation with the attainment of sustainable growth and overall development, organizational management has decided to revise their strategies along with the revision of management functions in order to ensure efficiency and effectiveness of the business operations along with developing coordination amongst the employees and management (Sijbom, Janssen & Van Yperen, 2016).
With regards to their operations, organizational vision is to “be the earth’s largest customer centric company”. In relation with this, organization has adopted effective set of strategies in order to make their products and services on the basis of their customer segment’s needs for the objective of enhancing customer satisfaction. With the objective of ensuring effectiveness and efficiency of the business operations along with developing coordination amongst the employees with the professional managerial skills, following management functions will be used:
Apart from this, organization could also move towards offline market by launching their physical stores in order to enhance customer engagement with the organization. Along with this, it is necessary for the organization to focus on the quality of their products to maintain their acquired position along with gaining competitive advantage in the target market.
Bilgihan, A., Okumus, F., Nusair, K. and Bujisic, M. (2014). Online experiences: flow theory, measuring online customer experience in e-commerce and managerial implications for the lodging industry. Information Technology & Tourism, 14(1). 49-71.
Kerzner, H. and Kerzner, H.R. (2017). Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.
Pang, J. (2016). Research on E-Commerce Applications Based on Neural Network. Journal of Computational and Theoretical Nanoscience, 13(8). 5227-5230.
Sijbom, R.B., Janssen, O. and Van Yperen, N.W. (2016). Leaders' achievement goals and their integrative management of creative ideas voiced by subordinates or superiors. European Journal of Social Psychology, 46(6). 732-745.
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A large proportion of this assignment has been copied from other sources, 34% Turnitin score. Although you use quotation marks to identify this in places you are not referencing correctly. You should only quote direct from the source if you are using...
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