KIT708 Leaders Report Draft
.docx
keyboard_arrow_up
School
University of Tasmania *
*We aren’t endorsed by this school
Course
708
Subject
Management
Date
May 10, 2024
Type
docx
Pages
5
Uploaded by saribazaz on coursehero.com
KIT708 ICT SYSTEMS STRATEGY AND MANAGEMENT
LEADERS REPORT MODULE {1} GROUP # {63}
Group Members:
{Chaudhary Sarib Azaz Gondal} {595416} {Tahsina Tarana} | {595127} {Student Name} | {Student Id} Group Leader:
{Chaudhary Sarib Azaz Gondal} {595416}
Case Study Question 1: The recommended hierarchy structure for a newly developed entrepreneurial company.
An entrepreneurial company’s firm structure should be based on the nature and scale of the company. 1.
Hierarchical vs. Flat Structure; Small companies often using flat structure to run their company instead of hierarchical structure. On the other hand, bigger companies using hierarchy structure because they have different departments. They have separate
employee to run each department. Each department having report leader, managers, chief executives’ officer, and management team. Flat company structure consists small group and hierarchy structure contain large group of people (Soderstrom et al, 2020
)
. 2.
Structure of Planning; A larger company with hierarchical organisation structure marketing department create the product and delegates launch the product but, in an entrepreneurial structure all members are involved in the product process and give feedback and ideas (Tawata et al,2021). 3.
Structure of Communication
; An entrepreneurial company holds meetings on the daily basis to explore ideas prior to make any decision but traditional organisational structure holds meetings of any department owner to reveal their achievements what they have been decided. An entrepreneurial company might develop technology-based
communication servers (Shrestha et al, 2019). They update any type of update information on server and colleagues can check that information from server on the daily basis. Case Study Question 2: The growth of the organisation will require the development of
an organisational culture that is flexible yet efficient. What style of leadership would
your team recommend to be adopted to direct the change?
Organizational environment of new entrepreneurial companies should be well balanced and
adopt rapid interaction and communication culture among their teams to increase
productivity. According to (Martinuzzi 2021) they are innovators and because of their small
size it is not possible for them to departmentalize
because their services mostly involve
sales of one product or restrict to one sector based on the business model. Democratic Leadership
style recommended for the business model discussed in case study
for following reason. This company is started by two friends and democratic style is best system to share power
among stakeholders to create balance in company’s structure Small Size of Company required the regular consultation and feedback to improve growth
and required leader’s participation. As per (Campbell 2016), Consultation and feedback is
main foundation of the democratic leadership style and this style is best suited for growth of
small organization because decision making process is not time taking as compared to big
organizations . Discussed three requirement can meet and well suited by the Democratic leadership for the
given case study
Case Study Question 3: The industry you operate in will require an EBA for a larger
company. How do you suggest your client manage this process?
Implementing EBA in a larger company can be structured by following the measures step
by step (6 Steps to Making a Single Enterprise Agreement 2016). At first, the company
needs to consider the individual needs and conditions of every employee to process the
bargaining. The company must act according to the assured Fair Work Commission.
In the process of bargaining, employers may draft the terms and conditions and are required
to provide notice to each employee within a certain time period “Standard 14days” to meet
the Fair Work Commission standards (Steps for making enterprise agreements | Victorian
Government 2015). Employer or employee both can hire representatives to assist in dealing
with the proper agreement.
The company must draft the agreement where both of the parties are in a beneficial
position. Employees must get better off with the flexibility of work hours, classification
structure, job security, allowances and penalty rates, justified pay rates, and defined
agreement renewal or expiry date (6 Steps to Making a Single Enterprise Agreement 2016).
The company needs the employee votes to finalize the bargaining as an agreement to
register. Employers must provide detailed knowledge about the voting process to the
employees, where and how they can vote the agreement, references to the agreement, most
importantly each employee must get a clear concept of the terms of the agreement (Steps
for making enterprise agreements | Victorian Government 2015).
The agreement needs to be claimed by the majority of the employees voting within 14 days
to approve the agreement along with the approval of representatives with required
documents. After both sides' requirements have been met and agreed to the agreement, the
bargaining agreement should be effective by the next seven days after being approved by
the Fair Work Commission (Like to know how an Enterprise Bargaining Agreement (EBA)
can grow your business and save it money? - Resonate Business Consulting 2014). As the
company is growing larger day by day, this agreement should make it easier for both the
employers and employees to have a secure and stable relationship with each other within
the organization.
Case Study Question 4: This Company will need flexibility in working hours due to the
impact of CoVID-19 and international time zones. How might this affect permanent
and casual staff if they are requested to work outside of typical business hours?
In recent times, COVID- 19 changed the way we run business and a significant amount of
the workforce are working from home. According to (COVID-19, CIPD 2021) post-
pandemic business culture required the remote working and only those originations sustain
that adopts working from home culture. The company should allow and promote flexible
hours to allow employees to work from home. This can achieve by using a number of
means for example introducing a task-based approach and divide the work on the basis of
flexible working hours (How will flexible working change in a post-COVID-19
environment? - AdNews 2019). Social distancing and stay-at-home orders possess
challenges for the staff member like communication issues and less participation in the
decision-making process. Casual staff impacted most because companies can burden the
permanent members with more work and their working hours can reduce significantly.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Questions
Subject: Strategic management
Answer the following questions in a Word file. Use appropriate examples to explain your arguments
Q.1) Using a case study of an organization of your choice, explain the concepts of corporate social responsibility and environmental sustainability and how this company maintained a balance between these duties and economic responsibilities to shareholders.
arrow_forward
Internal Analysis
This assignment is based on the NIKE Company
In this section, you will study the internal resources, capabilities, core competencies, and value chain of your selected firm
1 Use the VRIO framework to identify the competitive position held by your firm Which, if any, of these resources are helpful in sustaining the firm’s competitive advantage?
2 Identify the core competencies that are at the heart of the firm’s competitive advantage (Remember, a firm will have only one, or at most a few, core competencies, by definition)
Submit a report on you findings that is clearly written, well formatted and thoroughly covers this issue Besides addressing each prompt you should justify your answer with significant detail and examine any implications that the issue has on their business strategy
arrow_forward
1. Brutland Report defines sustainable development as
(Баллов: 2)
*
the development than meets the needs of the present without limiting the ability of future generations to
meet their own needs
growth is closely linked to increasing production, consumption and resource use, completely detached from
environmental impacts
an innovate lifestyle, attractive to individuals without an environmental, spiritual or ideological interest
2. The Sustainable Development Goals or Global Goals are a collection of interlinked global goals
designed to be a blueprint to achieve a better and more sustainable future for all. Number-wise
SDGS are *
(Баллов: 2)
O 16
17
O 18
3. Three key areas of sustainability are *
(Баллов: 2)
O political, energy and recycling
economic, social and political
social, environmental and economic
O recycling, biodiversity and social
arrow_forward
Topic: STRATEGIC FINANCIAL AND RISK MANAGEMENT STRATEGIC KNOWLEDGE AND INFORMATION MANAGEMENT
Required: Please explain the photo attached
arrow_forward
QuestionAfter the analysis of your company Amazon , please write the following sections in report form:
1.Decision making process
arrow_forward
Module: Strategic Management Practices
1. Analyse the effectiveness of defensive strategies ( Retrenchment, divestiture & liquidation) for a company, using appropriate examples of your own.
arrow_forward
QuestionAfter the analysis of your company Apple Inc , please write the following sections in report form:
1. Decision making process
arrow_forward
V1 Analyze a selected company, its operations, and its associated industry and evaluate these areas for development of a business plan for growth to increase revenues by 10% over the next five years with ethical financial practices.
1. Recommend three or more well-defined improvements to corporate governance over the internal controls supported with examples of how the recommendations would impact the company's financial statements.
The recommendations could be for improvement of sales, justification of opening different markets, or enhancement of current operations.
arrow_forward
Class Exercise– 15/7/21
To be submitted to email: jamesadbm@gmail.com
by 10 pm today. Failure to do so your attendance will be taken as
absent.
Research online on a company and its main product(s). (Preferably,
the company research on should have business in Singapore)
Questions:
1. Does the company have both physical store and online platform,
what are the differences?
2. Explain how the company understands its consumer needs and
wants, and consumer buying behaviour.
arrow_forward
Management Level: Manager, Investment Strategist
Department: Finance Development
Company Structure: Investigating Direct Trading
From the perspective of your department and management level, discuss the implications of a security breach in the company’s infrastructure (all forms - human, technology etc.)
1. Suggest TWO reasons why such breaches could occur and state how they can be avoided.
arrow_forward
TABLE 2.3 Common Shortcomings in Company Vision StatementsTable Summary: Table summarizes 6 statements for vague or incomplete; not forward-looking, too broad; blend or uninspiring, not distinctive, and too reliant on superlatives.Vague or incomplete—Short on specifics about where the company is headed or what the company is doing to prepare for the future.
Not forward-looking—Does not indicate whether or how management intends to alter the company’s current product-market-customer-technology focus.
Too broad—So all-inclusive that the company could head in most any direction, pursue most any opportunity, or enter most any business.
Bland or uninspiring—Lacks the power to motivate company personnel or inspire shareholder confidence about the company’s direction.
Not distinctive—Provides no unique company identity; could apply to companies in any of several industries (including rivals operating in the same market arena).
Too reliant on superlatives—Does not say anything specific about…
arrow_forward
Question 1:
List and discuss the strategic management process.
Question 2:
What are the types of corporate strategies?
Question 3:
Compare between mechanistic and organic organizations.
Question 4:
Why does an organization need a clear structure?
Question 5:
What is planning? List and discuss the types of plans.
Question 6:
Define strategic management and explain its importance.
SCREEN 1 OF 1
arrow_forward
Identify the resources, capabilities and core competencies that would be needed for that business.
Resources: Asset that an organization can use when formulating or implementing a strategy.
- Tangible: people, money, equipment, location, supplies
- Intangible: knowledge, patent, trademark, brand, reputation, training system
Capabilities: An organizational and management skill necessary to orchestrate a diverse set of resources and deploy them strategically. This is an intangible.
Core competencies: A unique strength within an organization that allows it to differentiate its products and services from those of its competitors, creating higher value or lower costs for its customers and itself.
Identify the major costs of the following three ways to start a new business.
Start-up
Business purchase
Franchise
What do you think is best way to start up this business (creating a new business, buying an existing business or franchising a business)? Why?
arrow_forward
Management is not only about overseeing day-to-day operations but also about setting a vision, providing leadership, and adapting to changing circumstances. Successful managers need to be able to communicate effectively, delegate tasks, motivate their team, and make informed decisions. They must also possess a keen understanding of their industry, competitors, and market trends to make strategic choices that keep their organization competitive. Question: How do managers balance the need for both short-term and long- term decision-making in their roles, and what challenges can arise from this balancing act?
arrow_forward
Q1. What are the types of SWOT Analysis that the firm can perform? Explain what this analysis means, and the stages involved in detail?
Q2. Write a case study "example" of a firm or company performing SWOT analysis and what are the processes could be performed in each stage of this analysis?
arrow_forward
Subject; Leadership
Q#2: You have been appointed as the General Manager of a large scale manufacturing unit. The unit primarily relies on the manual activities which results in massive labor cost. This has turned the once thriving business unit into a cash-strapped unit and has made it unable to remain competitive in the long run. Upon observing the situation, you have found that the situation is not sustainable anymore and the firm will face dramatic crisis if no action is taken. In this regard, you have decided to automate the system which can save massive labor cost. However, you are well aware of the fact that this may result in loss of jobs for a substantial number of employees which may in turn result in resistance to the change. How will you deal with the situation?
arrow_forward
Research and Development: Risk Aversion and Performance Measurement When theeconomic outlook becomes uncertain, some managers look to cut costs in research and developmentto provide a short-term boost to profits. The problem with this strategy is that it reduces the opportunities for new products and product improvements in the coming years, which are necessary forthe long-term competitiveness of the firm. As Intel chair Craig Barrett says, “You cut off your futureif you do not invest.”Required1. What role does risk aversion play in determining the amount to invest in research and developmenton an ongoing basis? How might a firm manage risk aversion so as to continue the desired level ofspending on research and development?2. What type of strategic business unit would you choose to evaluate the performance of the research anddevelopment department? Explain your choice briefly
arrow_forward
Which of the following is NOT among steps in strategic planning?
Question 11 options:
A)
Define the mission
B)
Insurance estimate
C)
Design the business portfolio
D)
Setting the objectives
arrow_forward
Please do not give solution in image formate thanku
Subject: Strategic management
(only answer question 5)
1. With reference to the PESTEL framework discussed in Thompson et al. (2022), conduct an analysis of Boeing’s macro-environment. Based on your analysis, critically discuss which factor(s) have emerged as important trends that should shape Boeing’s strategy into the future.
2. With reference to SWOT framework as discussed in Thompson et a. (2022), identify the major elements of SWOT for Boeing 737 MAX. Based on the SWOT analysis, what conclusions do you draw and what should Boeing’s senior management and leadership do to improve Boeing 737 MAX and the company’s strategy in general?
3. With reference to Porter’s five generic competitive strategies (Thompson et al. 2022), which of the five generic strategies best describes Boeing’s strategy and why? Discuss what the company does to make sure its strategy works. Analyse the sustainability of the company’s strategy.
4. Based on the…
arrow_forward
QUESTION 2
Which level of management is responsible for establishing a vision for the organization,
developing broad plans and strategies, and directing subordinate managers?
A. Top level management
B. Middle level management
C. First line management
D. Lower-level management
arrow_forward
At the first virtual meeting of the team, all members have been asked to make an individual contribution, which will be circulated to other team members prior to the next meeting. Your task is to provide a document which:
• analyses the mission and vision statements of named organizations.
To gain a merit grade you must have a further section in the document which:
• evaluates the impact of a named organization’s vision and mission on its strategy.
To gain a distinction grade you must add another section to the document which:
analyses how external influences affect organizational strategy in a named organization
notes:
Any organization or company you choose and analyze its data with a mention of the link from which the basic data was taken, for example, Amazon, Apple, or any other major company
arrow_forward
Please help me with the identifying the problem.
1.1 minor/major problems2
1.2 possible future problems
arrow_forward
What is meant by Middle Manager
Question 10 options:
the one who responsible for the overall management of an organisation. they also established organisation-wide decision and operating policies, objectives and provided direction for the entire organisation.
the lowest of management and manage the work of non-managerial employees who are directly or indirectly involved with the production or creation of the organisation's product or services.
the one who direct activities which implement their organisational policies and balance organisational demands on managers with the capacities of their employer.
arrow_forward
Subject Title: Quality Service Management in Tourism and Hospitality
Topic:
Market and Market Segmentation
Remember to check the following when done writing your answers:
TENSE: Use the correct tense.
INSTRUCTION:
1. What is meant by the term market?
2. What is meant by the term market segmentation?
3. What are the different ways to segment a market?
arrow_forward
Q3. How can MS-Excel be useful for data management in small firms? use examples to illustrate your answer.
arrow_forward
_is a large-scale business strategy that brings as many links of the chain as possible into a closer working relationship with each other: Select one:
a. Supply base management
b. Supply chain integration
c. Supplier collaboration
d. Creating linkages
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Management
ISBN:9781259929434
Author:William Nickels
Publisher:McGraw-Hill Education
Management (14th Edition)
Management
ISBN:9780134527604
Author:Stephen P. Robbins, Mary A. Coulter
Publisher:PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract...
Management
ISBN:9781305947412
Author:Cliff Ragsdale
Publisher:Cengage Learning
Management Information Systems: Managing The Digi...
Management
ISBN:9780135191798
Author:Kenneth C. Laudon, Jane P. Laudon
Publisher:PEARSON
Business Essentials (12th Edition) (What's New in...
Management
ISBN:9780134728391
Author:Ronald J. Ebert, Ricky W. Griffin
Publisher:PEARSON
Fundamentals of Management (10th Edition)
Management
ISBN:9780134237473
Author:Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:PEARSON
Related Questions
- Subject: Strategic management Answer the following questions in a Word file. Use appropriate examples to explain your arguments Q.1) Using a case study of an organization of your choice, explain the concepts of corporate social responsibility and environmental sustainability and how this company maintained a balance between these duties and economic responsibilities to shareholders.arrow_forwardInternal Analysis This assignment is based on the NIKE Company In this section, you will study the internal resources, capabilities, core competencies, and value chain of your selected firm 1 Use the VRIO framework to identify the competitive position held by your firm Which, if any, of these resources are helpful in sustaining the firm’s competitive advantage? 2 Identify the core competencies that are at the heart of the firm’s competitive advantage (Remember, a firm will have only one, or at most a few, core competencies, by definition) Submit a report on you findings that is clearly written, well formatted and thoroughly covers this issue Besides addressing each prompt you should justify your answer with significant detail and examine any implications that the issue has on their business strategyarrow_forward1. Brutland Report defines sustainable development as (Баллов: 2) * the development than meets the needs of the present without limiting the ability of future generations to meet their own needs growth is closely linked to increasing production, consumption and resource use, completely detached from environmental impacts an innovate lifestyle, attractive to individuals without an environmental, spiritual or ideological interest 2. The Sustainable Development Goals or Global Goals are a collection of interlinked global goals designed to be a blueprint to achieve a better and more sustainable future for all. Number-wise SDGS are * (Баллов: 2) O 16 17 O 18 3. Three key areas of sustainability are * (Баллов: 2) O political, energy and recycling economic, social and political social, environmental and economic O recycling, biodiversity and socialarrow_forward
- Topic: STRATEGIC FINANCIAL AND RISK MANAGEMENT STRATEGIC KNOWLEDGE AND INFORMATION MANAGEMENT Required: Please explain the photo attachedarrow_forwardQuestionAfter the analysis of your company Amazon , please write the following sections in report form: 1.Decision making processarrow_forwardModule: Strategic Management Practices 1. Analyse the effectiveness of defensive strategies ( Retrenchment, divestiture & liquidation) for a company, using appropriate examples of your own.arrow_forward
- QuestionAfter the analysis of your company Apple Inc , please write the following sections in report form: 1. Decision making processarrow_forwardV1 Analyze a selected company, its operations, and its associated industry and evaluate these areas for development of a business plan for growth to increase revenues by 10% over the next five years with ethical financial practices. 1. Recommend three or more well-defined improvements to corporate governance over the internal controls supported with examples of how the recommendations would impact the company's financial statements. The recommendations could be for improvement of sales, justification of opening different markets, or enhancement of current operations.arrow_forwardClass Exercise– 15/7/21 To be submitted to email: jamesadbm@gmail.com by 10 pm today. Failure to do so your attendance will be taken as absent. Research online on a company and its main product(s). (Preferably, the company research on should have business in Singapore) Questions: 1. Does the company have both physical store and online platform, what are the differences? 2. Explain how the company understands its consumer needs and wants, and consumer buying behaviour.arrow_forward
- Management Level: Manager, Investment Strategist Department: Finance Development Company Structure: Investigating Direct Trading From the perspective of your department and management level, discuss the implications of a security breach in the company’s infrastructure (all forms - human, technology etc.) 1. Suggest TWO reasons why such breaches could occur and state how they can be avoided.arrow_forwardTABLE 2.3 Common Shortcomings in Company Vision StatementsTable Summary: Table summarizes 6 statements for vague or incomplete; not forward-looking, too broad; blend or uninspiring, not distinctive, and too reliant on superlatives.Vague or incomplete—Short on specifics about where the company is headed or what the company is doing to prepare for the future. Not forward-looking—Does not indicate whether or how management intends to alter the company’s current product-market-customer-technology focus. Too broad—So all-inclusive that the company could head in most any direction, pursue most any opportunity, or enter most any business. Bland or uninspiring—Lacks the power to motivate company personnel or inspire shareholder confidence about the company’s direction. Not distinctive—Provides no unique company identity; could apply to companies in any of several industries (including rivals operating in the same market arena). Too reliant on superlatives—Does not say anything specific about…arrow_forwardQuestion 1: List and discuss the strategic management process. Question 2: What are the types of corporate strategies? Question 3: Compare between mechanistic and organic organizations. Question 4: Why does an organization need a clear structure? Question 5: What is planning? List and discuss the types of plans. Question 6: Define strategic management and explain its importance. SCREEN 1 OF 1arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Understanding BusinessManagementISBN:9781259929434Author:William NickelsPublisher:McGraw-Hill EducationManagement (14th Edition)ManagementISBN:9780134527604Author:Stephen P. Robbins, Mary A. CoulterPublisher:PEARSONSpreadsheet Modeling & Decision Analysis: A Pract...ManagementISBN:9781305947412Author:Cliff RagsdalePublisher:Cengage Learning
- Management Information Systems: Managing The Digi...ManagementISBN:9780135191798Author:Kenneth C. Laudon, Jane P. LaudonPublisher:PEARSONBusiness Essentials (12th Edition) (What's New in...ManagementISBN:9780134728391Author:Ronald J. Ebert, Ricky W. GriffinPublisher:PEARSONFundamentals of Management (10th Edition)ManagementISBN:9780134237473Author:Stephen P. Robbins, Mary A. Coulter, David A. De CenzoPublisher:PEARSON
Understanding Business
Management
ISBN:9781259929434
Author:William Nickels
Publisher:McGraw-Hill Education
Management (14th Edition)
Management
ISBN:9780134527604
Author:Stephen P. Robbins, Mary A. Coulter
Publisher:PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract...
Management
ISBN:9781305947412
Author:Cliff Ragsdale
Publisher:Cengage Learning
Management Information Systems: Managing The Digi...
Management
ISBN:9780135191798
Author:Kenneth C. Laudon, Jane P. Laudon
Publisher:PEARSON
Business Essentials (12th Edition) (What's New in...
Management
ISBN:9780134728391
Author:Ronald J. Ebert, Ricky W. Griffin
Publisher:PEARSON
Fundamentals of Management (10th Edition)
Management
ISBN:9780134237473
Author:Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:PEARSON