Tassal, food producing company (fishing) is an international company of Australia. In the year 1986 this salmon farming or manufacturing company in the Australia. Tassal is the largest number of the salmon producing company in the world. Tassal holds the position in the Australia to provide the most significant number of employment to the individuals in Tasmania. Tassal is situated at Tasmania, Australia. Headquarters of the tassel is scattered in various places of the world such as- Hobart, Tasmania and Australia. Key products of casual food producing company are the processed and canned fish. They served a huge number of customers of Australia, New Zealand, and Asia. The annual income of this endeavour in the global market is A$33 million as per the 2003 management analysis. This company and the production chiefly depends on the fishing. Yarely revenue of this endeavour is approx. A$272 million according to the 2003's financial analysis. In 2003, November tassal turned into the public company, and it's listed on the Australian stock exchange. Products of the tassal are like – traditional fishes, frozen fish items, smoked fishes, canned fishes. Besides that, they export the salmon fish products to the open market of Australia by wholesale rate and retail product. Without all this tassal has two retail shops or store, located at Salamanca in Tasmania and Kew in Victoria. Most importantly they have two competitors in the market of Tasmania these are Huon Aquaculture and petune seafood.
Importance of Tassal to the Australian and international business landscapes-
Tassal is one of the different straight up unified company that has the freshwater hatcheries, and saltwater, aquaculture, manufacturing of salmon (Lima, Taylor and Cook, 2015). Producing of salmon lead Tassal to the advanced position in the Australian market for earning more profits. Making more no of benefit from the market also enhance the economic graph of Australia.
Tassal has the particular number of stages to deliver or distribution that can be wholesale distribution and the exportation of the fishes to the different countries. As per the allocation of fishes in the other countries helps to secure their international business(Czinkota, Ronkainen and Moffett, 2011).
As tassal is the largest salmon producing company, it shows a huge effect on the Australian business landscape. Tassal enhances the economic conditions of Australian international trade to the upwards in the competitive market.
Management and organisational structure of Tassal:
Tassal is a food producing primary company product of This Company is fish (salmon). Like every company, tassal has a strong organisational structure for a proper functioning of the production. In the first level of the organisation of tassal company handled by the CEO. The next superior position of the tassal company is of MD. As per the instruction of the CEO, the MD supervises all the responsibilities or works. After that MD allocate each task as per the designation of the employees. As it is a fish-producing company, there is various type of employee are involved from the fisherman to the delivery boy. Like other businesses, they have a well-structured management to improve the production. Employees are meant to obey all the instructions of the management. There are few positions like managing director, chief executive officer, head of processing, head of farming, chairman of HRM, head of sales and marketing, head of sustainability, president of risks. These positions have the specific or particular role to play within the organisation like tassal food producing company. Management and organisational structure of Tassal food producing company.
International business environment and Australian context:
The International business environment is the essential player within the multinational enterprise or industry (Mohamed, 2015). Along with this the complication of the intercontinental functioning environment. The organisation should have the consideration of financial, legal, socio-cultural and environmental dynamics. Here the current or modern economy system is interconnected with the globe with the time. The International business environment is the term defined by the summation of the each business related transaction which took place with between different countries(Skugor et al., 2013). In a case of international trade environment, the business transactions have happened between the various political boundaries. In Australia, the territory and the government legislation are there to defend the consumers and customers. Along with that the Australian government also helps to guard the business environment and the communal peoples. Australian law always promotes for fair trading all over the international market or global market. There are few rules and regulations maintained by the government of Australian business law. These rules are invented to demonstrate how the companies cooperate with the stakeholders, customers and also with the other businesses. These laws are competition laws, consumer laws, product liability regulation, privacy legislation and environmental law.
Analyse the impact of environmental factors:
There are several environmental factors shows their effects on the tassal fish-producing company. These environmental factors are also known as the external factors. The external factor is involved with several sub-factors these are- economy, finance, weather, infrastructure, laws, trends, customer base.
Economy: the economy is one of the significant external factors which can affect the business industry like tassal.economic ups and down i.e. market fluctuation totally depends on the politics, terrorist attacks, wars and issues related to the currency those are faced by the every business industry.
Finance: financial factor is one of the important factors that has huge relation to the business industry like tassal fish producing industry. The Economic factor may stop the ability to do the business on the international market of Australia. So the capacity to continue the business properly entirely depends on this factor.
Weather/ climate: it is the another important element for the casual fish producing industry. This type of factor is the most important for the fish production. A climatic calamity like tornado, storm, rain, etc. can affect the production of salmon fish. That is very much harmful to the food producing industry named tassal.
Infrastructure: it is another important factor that is come under the external factors or environmental factor. The primary concern of this factor is the development or growth of the business industry by structurally. To get success in the corporate construction of a road, making housing developments are the small essential steps. This is also known as the technological factor.
there are local or native changes or modification in the legislation may affect the productivity of the organisation. Sometimes the governmental as and actions create the obstacles on the way of achieving the success by doing business. This type of legislation or laws most of the reason for less number of production of that particular business organisation.
Some unfavourable trends is out of control from the firm owners. As per the trends sometimes the business institution or agency income more profit and los(??? and ???, 2014)s. Utilisation of new technologies helps to advance or develop the organisation that is a type of effect of trends on that running business tassal. A certain kind of business practices are also coming under the trends such as boycott etc. shows their impact on the tassal business organisation of Australia.
It is another important external factor of an international business industry of the Australia. Fixed clients of an organisation change their tastes suddenly that is the major effect on the firm tassal organisation. The Cultural implication of the target customers can show a positive and adverse impact on the business organisation(Ursula Huws, 2016). These type of changes within the clients can effect the industrial function as well as the position in the market of Australia.
Evaluation of the level of competition within the industry in which tassal operates:
There two distinct competitors are present in the Australian market as the rival of the tassal fish producing business organisation(Martin, 2009). Those two competitors are Huon Aquaculture, and another one is petune seafood.In the year 2005 the hong kong market import 12.5% worth seafood and agri-food to the Australian market. Tassal the fish producing organisation mostly export the salmon fishes to the Tasmania, new Zealand, Asia with a high quality of product.. Where the other two competitors are not able to supply the salmon fishes to the other. Asian countries like China, Japan, Korea, etc. order the salmon fishes from the tassal fish-producing company. One of them is supplying only the sea foods to the customers as per their Demand(Tombs and McColl-Kennedy, 2013). Hueo aquaculture is another important industry in the Australia who provides the various types of sea fishes to the regional areas. So the tassal tries to deliver a number of the fish item and produce more salmon fishes to exist in the competitive market of Australia. Recent days the competition started to increase in the global or international market of business. To maintain Their position in the Australian market, they are started to sale can fish, smoked fish with two local item in the location like Australia and Tasmania.
Research and analysis, discussion of sustainability-related strategies and issues:
Vision, values, and mission of tassal:
Each organisation has their a particular view, aim, and objectives to some goals in the global market. The mission of tassal is to retain their position in the Australian as well as in the international market. Trustworthy, united, caring, etc. are the values of tassal.
Plans and Practices:
With the help of specific planning practices tassal the fish farming organisation capable of achieving the targets. Higher authority of the tassal execute plans for implementation in the situation.
Approaches of tassal:
there are three types of procedures are observed in the management process of tassal.these are traditional approach, innovative approach and modern approach.These methods are applied by the administration of the tassal company.
Traditional approaches: This is the approach where. The traditional processes Are followed to take any decisions for the fish production of salmon fish in the hatchery.
Modern approaches: Modern approach is another type of approach which is applied in the management of the tassal company at the time of deciding something.
Innovative approaches: Innovative approach us consisted of creative ideas by the administration of the tassal group. For getting the best incomes or customer reviews from the consumer by providing the best products innovative approach is applied.
How has the sustainability been incorporated into those key decisions practices:
To integrate the sustainability within the organisation like tassal there are few essential practices. These essential practices are directly associated with the sustainability factors. These are-
1) understand the sustainability and identify the means of the organisation.
2) association with the stakeholders.
3) fix the objective and commitments.
4) founded various helpful systems and methods.
5) note down the progression report, fulfil the expectations.
competitive strategies by the HRM of tassal:
Competitive strategies are set by the Hrm of a tassal organisation to exist in the competitive market. Competitive strategies are helping to gain the competitive advantages. Before applying a competitive strategy the Hrm dept. Of tassal study about their competitors and their pros and cons. Few major steps of completive strategies are- quality improving strategies, cost reduction strategies, innovation strategies.
Selection of the tassal:
The process of selection of tassal organisation handled by the hr management if the tassal(Nordhaug, 2004). Applicants should be more knowable about the fish production, hatchery, food items of salmon and most importantly about the marketing(Bennington and Habir, 2003). In a case of the presence of more or less these qualities, individuals have mainly selected fir the job in the tassal.
leadership at tassal, effectiveness:
In the business organisation like tassal has the distinct type of leadership pattern are seen(Kelly, 2006). Different types of leadership are meant to be utilised for the practical hardworking of the workers. Leadership is very much essential for monitoring the tasks of production, marketing, customer services, etc. For running the business likes tassal leadership is vital.
Leadership styles at tassal:
Two type of leadership styles are there in the organisation like tassal fish-producing company.These leadership styles are- transformational leadership and charismatic leadership (Hariri, Monypenny and Prideaux, 2014). Without all these, there are ten leadership styles are present in the different business organization (Jogulu, 2010).
charismatic and transformational leadership:
Transformational leadership is one of the important leadership styles in the tassal. This type if leadership is engaged with the initiation for the various alterations within the group, organisation, task whatever it may be(ABUALRUB and ALGHAMDI, 2011).This type of leaders is the person who motivates or encourage others to do their best for completing the tasks(Hutchinson and Jackson, 2012).
Charismatic leadership is another type command seen in the tassal organisation. Here the leader manifests or lighted his or her ability or power. It never means the sheer attitudes or behaviours of the leaders. This style of leadership is made up of values and beliefs(Clark and Greatbatch, 2011). Charismatic leaders are the famous persons famous for their opinions for a particular object or subject in the workplaces.
Tassal is a well-known branded fish-producing company of Australia. As its fish producing and as well as a food manufacturing organisation, they should maintain their hygiene in the production house. Tassal should use the plant items for the fishes for reducing the annual investment. Along with this, they should increase their food items of different cultural people in the Australia. This thing will the practical suggestions recommended after evaluating the whole matter.
In this report, the chosen organisation is tassal, a fish-producing organisation. It's background information and motives are already discussed. After that leadership, operational management, sustainability issues and strategies are explained with brief detailing. By their faults, few suggestion is also recommended in the particular paragraph.
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