Managing Business Analytics: Resolving Business Issues at Thrive Consulting Group

Running head: BUSINESS ANALYTIC
Business analytic
Name of student
Name of University
Author note

1BUSINESS ANALYTIC
Executive summary
The report was prepared to discuss about the ways business issues at Thrive Consulting
group could be resolved. From the findings, it was seen that the employees under stress make out
and create more demands for job over time. This was mainly caused due to self undermining
behaviors caused due to over stress and immense, furthermore has caused obstacles and ruined
the performance of the organization as a whole. This has often caused poor communication and
lack of ability to exchange relevant ideas and knowledge. Thus, it is essential to monitor the
behaviors of employees regularly and include motivation component through training and
rewards paid to them for their performances and sometimes for working over time. This could be
major motivation factor for making them perform to their potential and ensure that the business
issues are resolved in no time. The job demands and resources model could be effective for
determining the factors weakening the human resource management by affecting the turnover
rate and leading to lessening of employee morale and self motivational skills. Providing them
with training and benefits for their efforts at work and the transformational leadership skills of
the manager should be effective for shared decision making and promote better communication
all throughout.

2BUSINESS ANALYTIC
Table of Content
s
Introduction......................................................................................................................................4
Literature review..............................................................................................................................4
Methods and results.........................................................................................................................7
Recommendations..........................................................................................................................10
Conclusion.....................................................................................................................................11
References......................................................................................................................................12

3BUSINESS ANALYTIC
Introduction
The topic of the report is to manage business analytics with the use of proper theoretical
frameworks and make sure to overcome the business issues and problems faced by the company
named Thrive consultancy in Australia. The topic will illustrate about the problems faced by the
company while managing the human resources and how it can be resolved with the use of
relevant theories and concepts required to ensure successful business functioning (Giauque,
Anderfuhren-Biget & Varone, 2013). Thrive Business Consulting is one of the major consulting
firms in Australia that offers a wide range of strategic marketing and business solutions to assist
the small and medium sized businesses to become successful in the global competitive
environment. The company is specialized in human resource consulting, advertising and
marketing activities consulting along with the strategic planning. The major issue faced by the
company is the low morale and performance of the workers, which has increased the turnover of
employees along with absenteeism (thriveconsulting.com.au, 2018).
Literature review
Considering the human resource management issues faced nowadays, it has been
believed that the lower morale of staffs and higher turnover of employees have largely
contributed to the poor business functioning and decline in business profit and failing to achieve
competitive advantage too. From the case study, it has been understood that the consulting firm
has been facing problems regarding the management of staffs due to the morale among the
employees, which has resulted in degrading the performances of the workers and affected the
business’ revenue generation capabilities too (Brauchli et al., 2013). These consequences are