Reason for choosing name of the companyanditslinkagewith vision Daniel Recruitment consultancy is choosen for completing this study because it provide quality product to its customers for the purpose of earning more profit. Its vision links to it as it want to become leading partner so for that it have to provide effective services to its customers. Factors affect while making strategic plan - Costis the biggest factor that affect strategic planning as there are many competitors that become threat for recruitment company to provide its services.
Name of Company The company is Rozzby recruitment agency that is based in the North West England. It supplies various range of employees in education sector, from teaching staff to cleaners. This company will provide different services to the companies as we will provide various types of employees for the company.
Vision and Mission Vision and Mission Vision To become leading partner through which the perception of different recruiters is changed and to provide satisfaction and happiness to the clients. Mission To deliver trust and to provide work to every person needing the work.
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Objectives •To find out talent from pool of applicants for the purpose of enhancing more opportunities in the future. •To analyse need of applicant in the company by using effective human resource strategy .
Strategy It is an action of the organization that aims to achieve a long term objective. Role of strategy - Strategyplaysanimportantroleinachievingtheaimand objectives of the firm. Top management of the company plays an important role in developing short and long term strategies that helps to attain aim and objectives of the firm. It provides an overall direction to the efforts of the employees for performing various tasks that helps to attain long term objectives of the organization.
Strategic Plan •Bytakingintoconsiderationpoliticalfactorsitisessentialfor analyzing stability in the country. •Customsofthecountryaffectrecruitmentprocessasthereis difference in evaluating future in recruitment. •For taking recruitment different laws and regulations will be followed. •Technologicaladvancementnewbusinessoperationshavetobe adopted. •Chane in exchange rate create difference in export and import for the company. •Change in weather also impact on recruitment industry for the future.
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Framework It describes he management structure, or outline of the policies that might develop a framework. There are various frameworks that are suitable for evaluating business environment such as SWOT analysis, PESTLE analysis etc. These frameworks helps to evaluate internal and external business environment. Thetermapplymeansusingthetoolsorframeworksfor evaluatingdifferentfactorsthatarepresentinbusiness environment.PESTLEanalysishelpstoevaluatepolitical, economical, social, technological factors etc.
Business Environment Business environment impacts the working of business in differentways.Therearevariousfactorsofbusiness environmentsuchastechnology,rateofinterest,rateof unemployment etc that affects the business. Economy and changesinthedemandforproductsalsoimpactsthe production, distribution and sales of goods and services. Macro environment - Itreferstoexternalenvironmentthatexistsoutsidethe environment. It involves factors and forces that influence the working of the organisation indirectly. For example – Macro environmentinvolvesfactorslikesocial,political, technological, economical, legal etc.
PESTLE Political -Due to political instability recruitment process may affect as there is slow growth in the market so applicants are not coming appropriate. Economical :-Changes in exchangerates affect recruitment agency as it will not be able to hire candidates from outside. Social:-Norms, beliefs and culture also affect recruitment in the firm as different company is having their own recruitment process that may affect applicants from outside. Technological :-Change in recruitment process in the country will affect business operations of recruitment agency.They have to adopt new changes that lead to increase operating cost of the company. Environmental :-Changes in exchangerates affect recruitment agency as it will not be able to hire candidates from outside Legal:-Different countries is having their own rules and regulations so it may impact on recruitment process as in some countries females are not allowed to work in offices.
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Strategic management issues Critical analysis refers to expressing the opinion of the writer or evaluating the text. It involves critical writing and critical reading. Subjective means depending upon own ideas or opinions. It is the opposite of objective. Example – opinion. Determine means the cause behind occurrence of something or to possess a particular nature. Example – To set the limits or to find out exactly. Term information means to provide some information or facts. Example – To tell a friend at what time they will arrive.
Continue Strategicmanagementdecisionsarerelatedwithwhole environment in which an organization operates. It involves entireresourcesandthepeoplewhoformthefirmand interface between two. Strategic is related with determining the complete aim and objectives and also the means to attain them. Strategicmanagementissuesarethosethatimpactsthe mission, stakeholder's, vision, structure, resources, product or service of the firm at particular level.
Competitive analysis to produce a setofvalidstrategicdirections, objectives and tactical actions Theframeworkwillhelptoevaluatetactical decisionstodeterminestrategicobjectivesand tactical actions for the company. Tacticalactionswillhelpmanagementtomove closer towards the aim and objectives of firm. These actions are short term.
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