Thursday, February 20, 2020
Business Issues and the Context of Human Resources Assignment
Business Issues and the Context of Human Resources - Assignment Example In the year 2007, Vodafone Group achieved the permission or license of mobile phone within the region of Qatar. It is recognized with the name, Vodafone Qatar, which is situated in Qatar Science and Technology Park (QSTP). However, within a very small time frame, it become successful in positioning itself as one of the reliable and admirable brand in the region of Qatar among other rival players. It is mainly due to its aim to offer distinctive services to its customers so as to create a different image in the market. This strategy proved effective for the organization that enhanced almost 32.3 percent of the total market share and brand value of Qatar among many other contenders such as Qtel. Furthermore, the range of customers also increased from 151,000 in the year 2009 to 814,000 in September, 2011 (Vodafone Qatar Q.S.C, 2011). In this age of competitiveness, sustainability is the prime requirement of any organization, operating in any segment. However, in order to attain sustainability, itââ¬â¢s extremely to analyze the capabilities and evaluate the resources in the best way so as to attain remarkable results. Only then, the productivity of the organization might get enhanced resulting in amplification of the brand image and equity in the market among other existing contenders. Thus, it might be stated that in order to attain competitive position, the business or human resource strategies or tactics need to be shaped in an effective way. Similarly, the organization of Vodafone Qatar, also comprises of varied types of forces that helps in shaping its human resource strategy for future growth and development. Some of these factors are presented below: Talent management: It is recognized as one of the most important factor or force that helps in shaping the human resource strategies or policies of the organization of Vodafone Qatar. This is because in this age, talent or experienced employee is the prime weapon that may help the organization in inventing
Tuesday, February 4, 2020
R. Twining and Company Limited Assignment Example | Topics and Well Written Essays - 750 words
R. Twining and Company Limited - Assignment Example Strengths These are the attributes that distinguish the company from its competitors. Here, we examine the abilities of the company by investigating its internal environment, which includes the companyââ¬â¢s employees, its products and its finances. We evaluate the companyââ¬â¢s strengths pertaining its financial position, customer care techniques, cost minimization and employee skills. We need to develop ways of improving the companyââ¬â¢s advantages over its competitors in order to maximize profits. To begin with, Twinings Teaââ¬â¢s position in the market should be enhanced to increase its market share when compared to the competitors. This can be done through the training of Twinings Tea marketing staff in better and more customer friendly approaches when dealing with consumers on a personal basis. This will serve to set Twinings Tea on a better position to the consumersââ¬â¢ perspectives; thus, strategically place Twinings Tea in the market. In addition, the research and dev elopment department needs to come up with better blends of tea, for instance, through grafting of two of the major blends into a more superior blend that will achieve higher market dominance compared to competitor products. The department can also look into cheaper techniques of producing tea in order to reduce on costs, thereby maximizing profits (David. 2003, p.57).à 2003, p.57). Moreover, an introduction of new tea flavours to the market will see an increase in sale, thus a subsequent increase in company profits. The firmââ¬â¢s management should also come up with regular employee training programmes to increase employee awareness of the ever changing dynamics in tea production. Weaknesses These are other internal factors that demonstrate the companyââ¬â¢s shortcomings in its operations and performance of maximum yields. In order to maximize its profits, Twinings Tea should look into ways of totally eliminating its weaknesses or improving on those that cannot be eliminate d. Here, we aim at discovering the various setbacks in the companyââ¬â¢s operations, recurring operational and customer experiences failures and the various escalated operational costs. To deal with these weaknesses, the organization should get rid of all the obsolete equipment in all departments and replace them with the latest high technology equipment. We note that equipment that utilize the latest technology require minimal power to operate; therefore, will save on the companyââ¬â¢s energy consumption and costs. In addition, the company should clear all its outstanding loans with all financial institutions as the costs of servicing these loans is an enormous burden on the companyââ¬â¢s economic wellbeing. The management should create cheaper ways of acquiring additional capital such as floating the companyââ¬â¢s shares on the stock exchange. The manufacturing department should reduce on the product development cycle and improve on the productsââ¬â¢ image in order to attract more customers, therefore, increase profits (Porter. 1998, p. 43). Opportunities These refer to the external conditions that aid in the realization of the organizationââ¬â¢s objectives. They are conditions that the company can turn to its advantage in the attainment of increased sales and profits in the long run (Kendon. 1999, p. 58). The onset of the winter season presents a bonus to Twinings
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