Management in organizational workplaces incorporates the aspects of working together with others. In this case, management is understood through the formulation of group works. However, group work has two important categories; the group working and the end product achieved by the group. In this training plan, we are engaged in processes of group working and the development of end product from the formed group. The moment managers decide to engage workers in group works, an invitation for engagement is issued for the same purpose.
Module 6 – Controlling
- Group Processes
Organizational management also encompasses issues that reflect the manner in which individuals work collectively to achieve an outcome rather than just defining the end products collectively developed by these individuals. The processes of a particular group are therefore not easy to assess since the individuals obligated to make the assessment regarding the outcome of the group end up not seeing the manner in which the group portrays togetherness to produce the results.
Meetings are always regarded as a way in which individuals would work together as a group (Margie 2012). Within the meeting itself, individuals are assigned responsibilities and roles that would determine the manner in which they behaved in that particular meeting. There is the chairperson who is obligated with helping in the agenda formulation, leading the meeting, ensures the appropriate use of time, each in the meeting gives his or her contribution towards the agenda and also ensuring that tasks are distributed and completed by the group members. The secretary works closely with the chairperson in ensuring that minutes are recorded while the members of the group mainly contribute to the discussion (Hockett 2017).
Module 4 – Organizing
- Group end product
The management team of our organization is obliged to developing strategies on how the business would be more innovative in the way of ensuring performance improvement. However, the management is not well conversant with the processes of ensuring that it achieves its objectives. The doubt is as a result of the challenges faced by the firm. The team of managers is, therefore, meeting to discuss the process of ensuring the development of such strategic plans in few weeks to come. Given the mandate of developing the guide that would recommend a development plan towards the same problem, my team came up with the required guide.
Having groups that are simply intended for "discussion" would result in total disaster (Hockett 2017). In a case where individuals have to work hard to ensure that they produce anything substantial to present, they would not find themselves lingering in activities that are off-task like inappropriate conversations. The achievement of group products requires every member to contribute towards the same. The process might involve posters within the middle of the table that would require every member to record his or her ideas or an organizer that every member would be required to complete (Hockett 2017). In case the participants were doing their own versions of the same task, it would be appropriate that the supervisor announces that they’d be collecting a paper for every group at the end of the process (Hockett 2017).
Within workplaces, groups are formed to ensure that they efficiently provide solutions or work on several outcomes. These outcomes would include the development of a product collectively, service provision, or research report outcomes. The assessment of such outcomes is composed of the outcome itself and not considering personal contributions. As a result, each of the group members receives the same credit for the result achieved by the group. On the contrary, such a case can result in issues related to social loafing whereby the members of the group refuse to contribute to the required outcome (Margie 2012).
Therefore, promoting partnership in groups as a primary agent of producing the end product, keep the members hooked to the intended progress. In case groups provide tangible outcomes, they will understand what is required of them. Also, working within a given time frame promotes the sense of urgency (Margie 2012). Having management strategies would, therefore, help in the development of proper group activities. Therefore, proactive steps towards formulating proper groups can increase member engagement and reduce the possibility of having chaos within the groups.
Module 3- Planning
Currently, our organization faces an environment that is increasingly competitive. With the advent of infant foreign organizations, the prices of the products in the market still drag while the sales of our products have reduced. The drop in sales is as a result of consumers considering the cheaper foreign products to the local ones that are relatively expensive. Profits have as well dropped. To ensure that the products that are produced by our business are kept low, production has been shifted to off-shore manufacturing facilities. However, over the recent times, the activists and consumers have been raising complaints regarding the company's performance environment.
The named groups of individuals have raised threats and attempts of boycotting sales (of the products we manufacture) within the Australian market until the company decides to enhance its environmental performance (Drucker 2017). The overall staff turnover of our enterprise shows that the workforce has been stretched to its limits and thus the morale within the work environment is reduced.
However, though the rate of unemployment in Australia is high, it has proved to be very difficult finding such skilled staff as the company have and require. Such reasons are due to the massive amount of applicants for the advertised jobs against the qualifications that the company requires. However, the management is confident that with the advent of research and development through research, an environmentally friendlier friendly type of the product we sell will be produced; however, it will be relatively expensive (Drucker 2017).
By definition, contingency planning refers to a process of mitigating risks by developing plans known as “back-up” in anticipation of possible business disruptive events. However, continuity planning is largely used to refer to contingency planning because it is an expanded version of contingency planning (Contingency Planning 2017). The planning process encompasses an extended and comprehensive approach towards the restoration of the normal business activities. The contingency plans are geared towards providing our managers with a method of strategy formulation that is structured and would, therefore, be used in the evaluation of different views regarding what would likely to occur shortly (Contingency Planning 2017). The plans would, therefore, help in the formulation of strategies and financial or operational planning. For the purpose of the given assignment, the intended research questions would include:
- What is likely to happen?
- What impact could the situation have the strategies, budgets, and plans?
- How should the company respond towards the situation?
My group then decided to hold a meeting for discussing the assignment given. We met and voted in the individuals that would lead the discussion during the planning process. Among those voted was the leader of the meeting and the secretary for the group. After the voting process, the group discussed two most appropriate planning approaches that could be recognized and implemented by the managers during their meeting. Such identified approaches were the economic and technological scenarios of planning. However, two obstacles were identified before the planning process:
- The company is well established within the Australian market, and thus the managers are poorly motivated in developing a proper ‘Plan B.' The problem is because the company has an emotional investment in the initial plan they would wish to deliver. However, with the advancing social and financial challenges, there is a strong need for the re-evaluation of plan B.
- The company’s management assumes that the chances of crises occurrence are low and therefore the prevailing view is that a contingency plan would be unnecessary. Worst of all, the plan B is therefore at the bottom of the company’s agenda and is forgotten.
Considering an economic approach:
For quite some time, the businesses in China have had confusing moments regarding the difficulty of accessing finance. The difficulty was accelerated by the improper financial structure of the Chinese banking system leading to the difficulty in getting loans. Both the strategies for assessing risks and policies of management don’t adapt to the requirements of such companies. The Chinese companies therefore realized that they had to develop proper mechanism of assessing the intended credit risk to continue thriving in the market.
They came up with other means of creating credit and ensured that their operations were not hindered by financial constraints. The process ensured that alternative financial sources had money put on credit and money supply. On the contrary, the implications of such policy and also the credit facilitation didn’t simultaneously occur (MU, 2007). Our company, from the given scenario, should develop a mechanism for sorting financial help from finance institutions as a method of local mitigating expenses that would otherwise result from intensive and overseas production and also issues related to the finances of employees.
Considering a technological approach:
Foleo Group Limited’s Foleo Skills unit is one department within the facility that has helped the firm to achieve market penetration within the Australia. The unit has also helped the company to lure many entrepreneurs into the business. On the contrary, the unit has had been adviced by the management of the company to help in the performance of a research analysis on how the company would be able to increase its vital services’ number.
The unit department then came up with strategies that were geared towards the objectives that they had received; which was to ensure to enhance market penetration (Software, 2017). Such plan was a promotional one that included aspects of information security, technology and advertisement integration, public relations, direct marketing, and Interneting (Software, 2017). From the scenario, our company can adopt the implementation of a similar plan that would also ensure that we achieve market penetration. Just like in the named case, it can be promotional and consider the aspect of the company’s technology and advertisement integration, public relations, Interneting, and direct marketing.
Module 5 - Leading
Our group considered the second case which is the technological approach because:
From the industrial economics of our organization, the group was able to determine the amount of intensity with regards to competition and attraction to clients that the company was able to offer. In our case, our company faces a strong competitive force in Australia because new companies from overseas are producing cheaper goods. In the provided case herein, the rivalry in the corporation with regards to competition happens to be based on external factors like:
- Increasing amount of cheaper goods
- Increased aggressiveness of the new firms.
Also, the substitution force happens to be one major concern within the company. External factors that result to increased threat of change include:
- Increased substitute availability
- Increased ratio of performance-to-cost
The Australian market boasts of several companies of our kind. Such firms and corporations happen are competitive regarding the price of products that they sell against the quality of the same. Such substitute corporations are therefore real threats to the survival of our company and should therefore planning is required on how to deal with them. The threats produced are consistent and based on external factors including:
- Reduced capital costs
- Low brand development costs
Therefore, it may be expensive to outsource a strong brand that can match those of the new companies’ brands in Australia. The discussed element of analysis shows that the incoming enterprises are a grave concern to our company and require consideration to come up with efficient counter-attack strategies.
Module 7- Decision Making
The team is again obligated to provide a solution towards a circumstantial situation that would require the firing of one of the employees within the workforce. It must be considered, however, that proper work ethics require non-discrimination and fairness at work. On the contrary, since the situation requires a critical approach to taking action, it would be important to determine the work rate of the shortlisted employees.
Since our organization has a unique spectrum of identifying old age against work rate, older employees (above the age of 45 years) are considered to have low work rates (Carole, 1970). The suggestion doesn't, however, approve the viability of the other employees but tends to suggest that the company requires a younger, active, innovative, and youthful mind to an old, dormant, and sluggish mind even if the employee is experienced.
It may happen that most managers have a positive perception towards older workers in their corporations. These older workers get lots of royalties for possessing greater knowledge of the tasks they perform compared to the younger employees in the same organization. Elderly workers are also free thinkers and are always willing to learn new tasks as fast as they would. As a result, they get considered as the sources of inspiration for younger employees.
On the contrary, whenever physical tasks have to get performed, older employees are considered incapable of enduring long periods of strenuous work or they would just lag behind trying to keep up with the pace of the young employees during such rigorous physical jobs (Carole, 1970). Also, the older workers are associated with greater production costs and increased health concerns. Most of the time, elderly workers get linked with lots of absenteeism cases which make them a little more of a liability to an organization. The group, therefore, recommends that the older employee should be fired but compensated all the same due to the diligence and services offered to the corporation.
Management strategies would, therefore, help in the development of proper group activities. Proactive steps towards formulating proper groups can increase member engagement and reduce the possibility of having chaos within the groups. However, group work has two important categories; the group working and the end product achieved by the group. In this training plan, we are engaged in processes of group working and the development of end product from the formed group. The moment managers decide to engage workers in group works, an invitation for engagement is issued for the same purpose.
Our group considered the second case which is the technological approach because, from the industrial economics of our organization, the group was able to determine the amount of intensity with regards to competition and attraction to clients that the company was able to offer. In our case, our company faces a strong competitive force in Australia because new companies from overseas are producing cheaper goods.
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