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Internal Environment and Capabilities of Cordant People Recruitment Agency

   

Added on  2023-01-18

13 Pages3614 Words37 Views
Business DevelopmentLeadership ManagementMarketingData Science and Big Data
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Business strategy
Internal Environment and Capabilities of Cordant People Recruitment Agency_1

Table of Contents
INTRODUCTION ..........................................................................................................................1
Task 2 ..............................................................................................................................................1
P2 Internal environment and capabilities of organisation...........................................................1
M2 Internal environment and capabilities of business organisation...........................................3
Task 3...............................................................................................................................................4
P3 Porter's five forces model uses by organisation in given market...........................................4
M3 Appropriate strategies to improve the competitive edge......................................................5
Task 4...............................................................................................................................................5
P4 Range of theories, concepts and models, interpret and device strategic planning.................5
M4 Strategic management plan that has tangible and tactical strategic priorities......................7
D2 Environmental and competitive analysis to produce a set of valid strategic objectives.......9
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
Internal Environment and Capabilities of Cordant People Recruitment Agency_2

Internal Environment and Capabilities of Cordant People Recruitment Agency_3

INTRODUCTION
Strategy is the core function of business organisation which is used to run a business
effectively. Strategies are formulated by managers after understanding the problems of
organisation which helps to deal with critical situation and make profits. The administrator of
business organisation make careful business strategy that helps to attain organisational goals
effective goals (Bentley-Goode, Newton and Thompson, 2017). For understand the aspects
business strategy, Cordant People has been taken that is recruitment agency firm based
organisation in the North West England. This organisation supplies range of employees to the
education sector, from teaching staff to cleaners. This report covers different topics such as
internal capabilities of business, porter's five forces analysis that is used to gain competitive
advantages and company's strategic plans that helps to run a business successfully.
Task 2
P2 Internal environment and capabilities of organisation
Internal environment - This consider as composition of all elements which exists inside
the organisation by involving value system, management, physical resources, existing manpower
and corporate culture which helps to run a business successfully. This is important for
organisation to focus on internal capabilities which helps to define internal capabilities in order
to increase productivity (Favaro, Rangan and Hirsh, 2012). Cordant People is recruitment agency
which recruits people for education sector such as staff, cleaners, teachers etc. A part from this,
such agency also hire for companies who require employees to fill their vacancy in order to
increase productivity and profitability (About Cordant people recruitment, 2019).
VRIO Analysis - This reflects a tool which is used by management to analyse the
internal resources and capabilities for the purpose of gaining advantages. This framework is used
by Cordant People which helps to run a business successfully. The resources of business
organisation are as defined:
Organisational
capabilities
Valuable Rare Inimitable Organised
Skilled
Manpower

1
Internal Environment and Capabilities of Cordant People Recruitment Agency_4

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