Tuesday, May 5, 2020
Managing Across Borders Departmental Works
Question: Discuss about theManaging Across Bordersfor Departmental Works. Answer: Introduction A manager plays a significant role in a company who maintains all departmental works and strategies of the company. A manager is necessary to maintain the working performance of the company. The manager creates an opportunity to earn revenue and cost of the income statement of the company. The manager gets various fruitful opportunities in the company specifically in some biggest companies like Woolworths and Tesco in Australia. Both organizations are the biggest grocery retailer which provides goods into international market segmentation. A manager gets the opportunity to be a CEO, CFO and COO of the organization. In Woolworths and Tesco managers are treated as a product manager because these both are grocery companies in Australia (Bailey 2016). The manager has several opportunities which help in the growth and development of the company. There is different measurement to identify these opportunities in the company which describes the growth of the company. A manager has various st rengths and weaknesses which includes marketing plan of the company and better relationship with consumer. It analyzes external and internal factors of the business and finds the exact selling position of the companys product. The manager has the opportunity to decision making in the company which helps to make some fundamental decisions for the well growth of the company (Berthier and Roger 2012). Identification of Specific Opportunities of a Manager Communication Skills: It indicates the improvement and development of managers in the company which helps to know the important factors in the marketing strategy. Communication skill is one of the opportunities to the manager to develop the companys growth with the help of employees. In addition, these two companies Woolworths and Tesco are running well but it is necessary to have the opportunity of communication skills to improve the working performance of the company in Australia as well as international market. He has the opportunity to make a marketing plan to provide better services to the customers (Calvo and Garcia 2014). Setting of Goal: The manager has the opportunity to set a goal for the development of the business in the country. It is necessary to make some fundamental plans for setting the goals and objectives of the business. The manager helps to make some substantial impact in the company and helps the employee to set their appropriate goals and objectives in the company. It includes employee assessment strengths and abilities to fulfill the department needs. This opportunity of managers helps to improve the working performance of the company as well as helps to maintain integrity within the economy. The manager must identify departmental process system of the company by which it can get more customers for its products. The company has to work within the environmental strategy to set up the goals and objectives in the country (Peiris, Akoorie and Sinha 2015). Motivation: It is necessary to arrange some training and development program for the motivation of employees. If the employee is not working accordingly, the company may not achieve its goals and objectives (Gielnik and Frese 2012). The employees motivation shows a positive impact of the business in the marketing strategy. It includes the employees development program and reward initiative of employees. The unmotivated employees indicate the unproductive employee in the company which includes stress in their performance. The managers motivation towards employees is must necessary because the employee is working hard and the profit margin increases every year (Graf and Kampschulte 2012). Competitive Advantage: Nowadays, market becomes competitive and the production process of both companies Woolworths and Tesco is very high. Both companies face competition in the market for making more profit across the country. Technology is the major ingredient to face competition in the market. Competitive advantage refers to the market competition in the country which the company faces to sell more products in the market (West and Ibrahim 2015). The manager maintains best utilization of resources in the company which helps to increase the growth and working performance of the company. The manager can identify the companys strength and weakness by facing competition in the market. The company must have to reduce the weakness to make profit within the market strategy (Foo, Uy and Murnieks 2015). These are the four main opportunities faced by the manager which indicates the development and growth of the company like Woolworths and Tesco. The companies are producing best designed products including some grocery products with the help of the managers opportunities in the company. The business process is properly maintained by the manager which helps in the growth of the business across the country (Evanschitzky, Calantone and Jiang 2012). Conclusion It is the responsibility of the manager to run the business with a great success. From the above discussion it has concluded that the manager plays a vital role to reach the business at the point of success. The manager gets various fruitful opportunities in the company specifically in some biggest companies like Woolworths and Tesco in Australia. The manager has several opportunities which help in the growth and development of the company. There is different measurement to identify these opportunities in the company which describes the growth of the company. A manager has various strengths and weaknesses which includes marketing plan of the company and better relationship with consumer. The manager maintains some specific opportunities in the company which are identified above separately. These opportunities show the marketing growth and development strategy of the company. The manager helps the company to make more production by which more customers should involve with the companys product. It has recommended that the company is facing the competition in the market to get the opportunity of competitive advantage. Technology is the major ingredient to face competition in the market. Competitive advantage refers to the market competition in the country which the company faces to sell more products in the market. If the manager maintains these opportunities accordingly, the companys growth should increase consistently. References Bailey, M., 2016. Absorptive Capacity, International Business Knowledge Transfer, and Local Adaptation: Establishing Discount Department Stores in Australia.Australian Economic History Review. Berthier, P. and Roger, A., 2012. International mobility: an opportunity for managers to acquire and transfer competencies.Management of Multinational Companies: A French Perspective, p.152. Calvo, N. and Garcia, R., 2014. simulation of talent management: an opportunity for managers.Transformation in Business Economics,13(2). Evanschitzky, H., Eisend, M., Calantone, R.J. and Jiang, Y., 2012. Success factors of product innovation: An updated meta?analysis.Journal of Product Innovation Management,29(S1), pp.21-37. Foo, M.D., Uy, M.A. and Murnieks, C., 2015. Beyond affective valence: Untangling valence and activation influences on opportunity identification.Entrepreneurship Theory and Practice,39(2), pp.407-431. Gielnik, M.M., Frese, M., Graf, J.M. and Kampschulte, A., 2012. Creativity in the opportunity identification process and the moderating effect of diversity of information.Journal of Business Venturing,27(5), pp.559-576. Peiris, I.K., Akoorie, M. and Sinha, P., 2015. Conceptualizing the process of opportunity identification in international entrepreneurship research. InEntrepreneurial Ecosystem(pp. 193-218). Springer India. West, D., Ford, J. and Ibrahim, E., 2015.Strategic marketing: creating competitive advantage. Oxford University Press.
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