Contemporary Issues and Management Topics

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CONTEMPORARY
MANAGEMENT ISSUES

EXECUTIVE SUMMARY:
In this investigation, we will discuss about to important contemporary issues in Jaguar
organisation and their negative impact on the business performances as well. Moreover, they
need to make appropriate decision towards the business so that negative impact of key dynamic
forces could be reduced efficiently. Furthermore, we will discuss about evaluation of Jaguar
automotive organisation's responses to key dynamic forces n the contemporary business world in
the UK. Apart from it, we will take at look at relevant theoretical foundations to support the
identifications and applications of effect corporate responses to contemporary management
issues within Jaguar automotive organisation as well effectively.

Table of Contents
INTRODUCTION...........................................................................................................................2
TASK 1............................................................................................................................................2
P.1. They key dynamic forces impacting on business and society.............................................2
P.2. Critically evaluate the relationship between such forces in terms of effective strategic
decision making..........................................................................................................................5
P.3. Prepare an evaluation of an organisation's response to key dynamic forces in the
contemporary business world......................................................................................................7
P.4. Select and use decision making tools to address contemporary drives for change.............8
P.5. Analyse the relevant theoretical foundations of support the identification and application
of effect corporate response to contemporary management issues...........................................10
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13
1

INTRODUCTION
In this assessment, we will take major focus on the Contemporary management issues in
Jaguar automotive organisation which is facing in their recent time in the organisation
effectively. This assignment refer to exhibition of understanding of key dynamic forces which
make impact on business environment and society as well in the UK. Moreover, this assignment
introduce you about critically evaluation of the relationship between such factors in order to
effective strategic decision making process within the organisation effectively. Apart from it, this
assignment describe about to relevant theoretical foundation to support the identification and
application of effect corporate response to contemporary management issues in the organisation
effectively.
TASK 1
P.1. They key dynamic forces impacting on business and society
In today's complex globalised world, multiple number of factors are there which are
making a direct impact on several kinds of businesses in the UK effectively. In the rapidly
changing world, transformation is creating complex situations towards global business
environment in which all organisations are making efforts to sustain better in the market.
Globalisation is creating opportunities and threats both in business environment. It affects the
development of several organisations in country efficiently (Albrech, 2011). Various kinds of
dynamic factors are making a direct impact on the business and society of the contemporary
business world effectively. Such elements are political, technical, economic and social forces.
The corporate social responsibility is also a factor which makes dynamic changes on business
activities and society as well. Moreover, in case of Jaguar automotive company, its business
professionals need to adopt the trends of changing strategies which makes effect of forces on the
company, this would furnish some values to fulfilment of their obligation and liabilities towards
the society and business environment as well. In 21th century, all corporate sector are changing
rapidly and in case of jaguar automotive firm, they also need to make changes in their
organisational process and activities in order to sustain well in today's dynamic world efficiently
(Amin, 2014). Dynamic forces of the company make great impact on the functionality of
economic changes and growth in UK and behaviour of business entity in the market at several
fields of the economy as well.
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Globalisation has become one of the essential phenomena in today's world in terms of
creating effective opportunities towards jaguar automotive organisation and threats.
Globalisation in the business environment is associated with development of company,
consolidation, removing all barriers from company, increasing independence of all countries own
their own, enhancing free market economy and democracy in the world as well. Globalisation is
a broad term in which the technical, social, cultural, political and economic phenomena can be
awninged effectively (.Barbosa, Fernandes and David, 2012). Now, globalisation making great
impacting on society and business environment which is making impact in finance, legal
regulations and technological related researched also could make impact on the business
efficiently.
The key dynamic forces are as following:
Social forces: In case of jaguar automotive organisation, numbers of social factor making
impact on its business environment and social culture. Social forces could be average disposal
income of their regional people in which company is functioning. Level of educational system
within the country and wealth of regional population also make impact on the contemporary
environment of company. The educational level of regional people enforces them to utilisation of
jaguar automotive firm's luxury car product and services effectively which will make positive
and negative impact on the business in efficient form. Moreover, purchasing habits of consumer
preferences also make impact on contemporary issues to Jaguar company because of, they are
operating their business in several regions. So variety of different cultural people is living there,
the company have obligation to offering all kinds of luxury products which could afford by each
people in UK and across the world as well (Cherry and Jacob, 2016). Most of Jaguar company's
product is luxury and expensive so, it is difficult to buy their product and services by common
people in the country, this is only comfortable for high class people to use Jaguar services, which
make negative impact on the business sales in several markets across the world. Jaguar need to
furnish effective affordable products to common people as well as according to their lifestyles
which will help the company to manage changes and minimise the negative impact of the
company in effective rate.
Political forces: Some vital political forces also make great impact on the contemporary
business world of the company effectively. Variety of political forces which is, changing in
political decision of the country may also affect the business economic environment in efficient
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way (Emmer and Sabornie, 2013). In case of Jaguar automotive company, for instance, various
changes has been occurring in political decision and regulations like changing in taxes policies of
the government, changing in export and import policies which make great impact on economic
environment of the company effectively in UK. Moreover, formation in trade group and
technical standard changes also make impact on business and create contemporary issues to
change in some essential factor which make affect the business effectively.
Technical forces: Technological forces also essential part for an organisation. For
instance, in case of Jaguar automotive company, the industrialisation, transpiration evaluation
and communicational revolution make impact on changing in strategical structure of the
enterprise within the country in order to sustain in technical revolution market sufficiently. Apart
from it, the company need to make essential changes in some of their strategical structure to
implementation of vital technical changes in the firm to produce better product and
transformative services in the market effectively.
Economic forces: It also helps to increasing contemporary issues in the country towards
the business efficiently. In the UK, several kinds of people living and they all have different-
different sources of incomes, which influences them to level of their buying behaviours
according to their demand. It also essential part of each organisation to provide appropriate
services in which each of their customers will satisfy effectively (Evertson and Weinstein, eds.,
2013). Changing in income of individual person, world trade organisational regulations to trade
business and global competencies level might create contemporary issues to the organisation so
they need to make changes in business process to sustain well in complex market.
P.2. Critically evaluate the relationship between such forces in terms of effective strategic
decision making
From the analysis, it has been founded that, all above discussed forces are interrelated
effectively within an organisation environment and make influences to each other positively and
negatively on the business. For instance, in case of Jaguar automotive company, they are
required to make development in some of their areas by considering these forces
interrelationship in the company in respect to proper formation of their issues in the country at
efficient rate (Ferlie and Ongaro, 2015). Moreover, the company need to change in their
strategies to operating business effectively in country and across the world as well. This could be
done with the help of formation of strategies of the company by considering these forces in the
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company at efficient rate more effectively. So each of these forces would help Jaguar business
professionals to make appropriate decision towards removing all contemporary issues from the
organisation effectively and generating more revenue from the worldwide market efficiently.
Contemporary issues is occurred in today's business world effectively because of several reasons,
globalisation is one of the main attribute which is increasing contemporary issues in
organisational environment in UK effectively (Gamble and Thompson, 2014). Various kinds of
changes is occurring in corporate sector because of globalisation influences. Jaguar automotive
business need to make appropriate development of their strategy by sufficiently considering
these all forces in their strategic plan to remove all barriers and contemporary issues which
facing by the enterprise in the current market. Numbers of issues are facing by Jaguar
organisation in UK, Because of various types of changes occur which is required to implement
on the business environment effectively in order to sustain well in complex market efficiently.
Social forces may affect the sales of the organisation, because of, in society several people live
and they have different preferences which affect the buying behaviour of consumers. This is one
of the main issues towards Jaguar business to product such kind of luxury cars in the market
which could be affordable by each of their consumers in society effectively. Consumer
preference is one of the main social force of the enterprise which directly affect sales of the
company in the industry. The firm professional need to use the latest technical approaches at the
workplace in context of reduction in the price of their luxury car products and services, the
relationship between social force and technical forces has impact on formation of strategic
decision at the workplace in order to increase sales in the market effectively (Herrick, 2011).
Moreover, the company's technological forces also necessary to be considered in the business
environment by which some essential changes could be identified effectively with the help of
political forces. Political forces have impact on appropriate technical changes in the firm in order
to operate their business in the country according to the UK government norms and regulations.
Political factor helps Jaguar company to reduction in their trade barriers efficiently because of,
new technology create more pollution in the country. According to UK government, the
company need to use the latest technology by their research team on their car products in terms
of less splinting of pollutions in the country. The company's political force enforce their
technological factor which must be in form of government regulation, the business professionals
need to make consider both forces while strategic decision making process in the company.
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Political forces has also interlinked with economic forces of the organisation as well. In Jaguar
firm, the UK government's rules and regulations make influence on the business to economic
growth of the company in the market. The government authorities launch new rules and their
major political decision towards the corporate in the country, make effect on the business
activities in the industry, so that Jaguar automotive firm owner need to make changes in their
strategy of manufacturing process according to the government rules. In case of UK government,
they have some regulations towards the corporation such as intellectual property rights,
privatisation, formation of trade group and some of technical standard which must be
implemented by Jaguar company in some of technical areas and some of business processes in
order to sustain in the UK auto-mobile market effectively (Griffin, 2013). The organisation also
have responsibilities towards corporate social responsibility in which the company need to
execute some essential activities towards social welfare in the country and provide effective
services to the society in which they can create positive values towards the business authorities
properly.
P.3. Prepare an evaluation of an organisation's response to key dynamic forces in the
contemporary business world
In case of Jaguar company, various kinds of contemporary issues are occurring in the
business and the organisational professional need to develop some strategy at the workplace in
order to proper response to those contemporary issues. There are several kinds of problems is
facing by the organisation in the industry which must be resolved by company's professionals
within the organisation in order to sustain the complex auto-mobile world more efficiently.
Social, economical, political and technological forces affect the business exercises in the industry
effectively so that the business owner need to make strategic decision towards appropriate
development of their business activities in the industry efficiently (Imazio, 2012). In
globalisation world, Jaguar automotive firm require to formulate effective decision towards
proper response of social changes in the current communities in today's world effectively. Social
culture theory concerned to the transformation of all culture in the communities, behavioural
changes of individual people, social institutional change and changes in the structure of the
socialism. These affect the strategic decision making process of the company properly because of
society changes their dimension of living according to changes I the social, technological,
political and economic changes in the country. In the UK, all social changes are based of all
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these forces by which they acquire the way of changes in the society in which they would like to
live more appropriately in the society. The organisation require to effectively response to those
essential changes in the society by which company will be bale to get more advantage from the
communities in the country. Social changes occurs in all kinds of society in order to sustain in
the world properly. Each of society have nature to changes according to their situational
flexibility acceptances. Society exist in the universe because of acquiring of dynamic changes in
the society in effective rate (Moutinho, ed., 2011). Social changes theory refer to the situation in
which the population of the communities effectively changes, technological expansion occurred,
some of material equipment change and value of living of people also get change. So all these
changes might refer to society. In case of better response to those contemporary issues by Jaguar
automotive organisation, it is accepting changes of society in the country at appropriate manner,
various changes occur in the society so that Jaguar company are implementing some strategy and
making modifications in their strategy of serving product and services to the society so that each
of their customer will satisfy with the facilities provided by the organisation. Moreover, in
complex globalisation world, the organisational professionals make strategical decision
according to changes in the society so that modified product and improved services are
furnishing by the company so that their desired willingness would be fulfilled at effective
manner in the society. Consumption of the society depends on the modernisation of the society,
because of each people in the society who follow modern approach would utilise of improved
product and services (.Parsaei and Sullivan, eds., 2012). So Jaguar modified their cars according
to modern needs of customers in the society which will increase the sales of the company. Apart
from it, in case of technological forces responses by the company, the organisation's technical
professional need to modify their product and process according to customer needs which will
satisfy customers expectations from the enterprise efficiently. Social changes in urban areas
faster than rural areas in the country. In UK, political forces of country make influences in
changes in organisational structure and process effectively, so that Jaguar organisational
professional need to changes in strategy according to political necessity and its regulations, the
organisation could make effort to establish appropriate relations with political leaders and make
modification in their strategy in terms of make proper response to political issues in the industry
effectively. Moreover, the company's contemporary issues occur by economic forces in the
society and the company's professionals need to improvement in their product and services
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according to customers demand and add innovation in their technical changes which will give
positive outcomes of the company and make organisation efficient to give better responses to key
dynamic forces in the contemporary business world.
P.4. Select and use decision making tools to address contemporary drives for change
Porters five forces model could be useful for Jaguar automotive business in order to
formation of their strategic decision towards better address their contemporary drives of changes
in effective rate. In case of the company, they need to make proper analysis of their issues within
the business effectively and according to them make effective decision to better manage
contemporary drive of changes in the organisation sufficiently (Ricci, 2013). For instance, the
enterprise need to make decision with the helping of using 5 forces model in the company.
Moreover, Porter's five forces model is the model which could be used by Jaguar business
professionals in order to better address of their contemporary drive of changes and their negative
impact on the business as well. The business professionals need to make sure that all the
activities in the business are running properly according to strategy of the business. In case of
better address of contemporary drivers of changes and their negative impact on the business, this
would assist the business owner to effectively recognise their potential of performance in the
industry to earn profitability from the market. Porter's five forces model assist the business in
order to make proper development in which they would be able to get proper development in
which they would get more appropriate manner by which they would improve strategy of their
potential outcomes from the market. This is one of the best strategic formulation tools which
could be utilised by Jaguar automotive organisation in order to achieve their organisational goals
and objectives.
Threats of new entrants: In case of entities in which they need to development in some
areas by which they would be able to get more proper development in some areas by which they
will easily identify those areas by which threats could be gained by the business by essential
changes in the world which could get proper development of their issue in effective form. In
auto-mobile industry, there is always threats presented in the industry to new entrance in the
industry who also provide some effective technological automotive products and efficiently
compete the company in the industry effectively (Rosenbach, Taylor and Youndt, 2012). So the
organisational professionals need to identify those contemporary drive of changes by which they
can development and innovate in their product and services in order to proper development of
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each section of business activities in efficient form. In this industry, jaguar have multiple number
of competitors in the market. The firm need to make changes in the organisational strategy
according to better address the contemporary drive of changes' negative impact in the enterprise.
Bargaining power of suppliers: This is an approach in which the organisation could give
value of their suppliers of sell their products at high rate in the market and make appropriate
decision in order to make decision towards appropriate address of negative impact of drivers of
changes in the industry effectively (Schaltegger and Burritt, 2017). In case of Jaguar automotive
company, their professionals need to make strategy according to the have only few supplies in
the market and large numbers of buyer in the market which could assist the business to make
modification in technological and business environment which could improve the performance
of the business in the market efficiently.
Bargaining power of buyers: Buyers have power to demand high quality of product at
lowest rate. This could be done when the buyers are following the highest bargaining power to
purchase specific product and services. In case of Jaguar organisation, their professionals need to
modify their strategy according to some effect of contemporary driver of changes on the business
performances (Zini, Porpiglia and Fassnacht, 2011). In case of the higher bargaining power of
consumers will make negative impact on the revenue generation capacity of the firm. In such
situation, the organisational professional need to make strategic decision in respect to remove
negative impact of contemporary drivers of changes on the organisation and according to them
technological assistance reduce the cost of production of cars which will give benefits for the
organisation and their customers as well effectively.
Threats of substitutes: Threats of substitutes are always there in order to proper
development of their issues in more effective manner. This is he big issues which is facing by
Jaguar automotive company at effective rate. The organisation have threats of substitute by
which their loyal buyer could use of their competitor product and services which will make
negative impact on the profitability of the business efficiently. So that threats of new entrance in
the market and provide same product at lower rate can affect the sales of products of Jaguar
company. They need to make efficient development in technical areas and economic areas by
which product prices can be minimised effectively and provide appropriate automotive products
at lower rate.
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Rivalry among existing competitors: Rivalry among existing people is one of the major
issues of Jaguar company, it occurs when there are large numbers of competitors are presented
here in the market are selling same kinds of product and services (Schermerhorn and et.al.,
2014). In case of Jaguar company, they need to make development in some of their areas by
which the company can furnish efficient product and services and compete their competitors in
the market at effective rate. These activities will assist the business to better address the
contemporary drive of changes at effective rate.
P.5. Analyse the relevant theoretical foundations of support the identification and application of
effect corporate response to contemporary management issues
In case of analysing the relevant application of effect corporate response to contemporary
management issues effectively. Jaguar organisation could get more appropriate manner in order
to proper development of their issues in the industry at effective rate. With the help of Hofstede
of organisational culture which will assist the business to support the application of effect
corporate response to contemporary management issues in Jaguar automotive organisation.
Power distance: In this approach, the power of each person is equally distributed among
all employees within the firm effectively in order to resolve distinguish among them. So that
each of their employee could use of equal advantage and power of rights in the organisation.
There is less possibility to wrong utilisation of power in the organisation. So their professionals
will make more focus on solving contemporary issues and effectively manage them within the
firm efficiently (Wachowiak, ed., 2016). In another option is organisation B, in which the
authority is used by those people who is using some effective power in the organisation. The
superior authority utilise by team leaders I which they furnish some responsibilities to their team
members in the company so that each of them will be able to complete their obligation
effectively and easily done their tasks. In this case the team manager is responsible to address the
team issues in effective forma and improvement in organisational performances as well.
Masculine Vs Feminity: In this approach, this shows differences between male and
female at the workplace while completion of different kinds of services in the company. The
organisation need to follow different-different policies towards male and female employees
within the organisation effectively, because of may times it has been seen that females in the
organisation play vita role in order to resolving some essential issues in the organisation at
effective rate. Male employees is always considered as aggressive employees which make
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negative impact in decision making process of the company towards effective management of
contemporary issues in Jaguar automotive company.
Individualism: There are some organisation's which follow the way of individualism at
the workplace and relay in team working situation in order to completion of their task in the
company effectively. Each of individual person in the organisation comes with the common
interest in some of the interest and work as a team at the workplace. Jaguar organisation thinks
that their exchanging of each employees in the team could be beneficial form the organisation,
because of each employees in the team share their innovative and effective ideas to other team
members effectively (Weiss, 2014). Discussion about innovative idea in the firm will be able to
make improvement in the performance of the business in the industry efficiently. So this activity
may assist jaguar automotive business to better address their contemporary issues within the
organisation properly and effectively resolve them as well.
Uncertainty Avoidance index: Uncertainty avoidance index describes about to the
process in which each of Jaguar employees know about to the effective responses in certain
unforeseen situation in the business effectively. It is identified the tolerance level of each
employees in the organisation in case of favourable and unfavourable situation within the
business environment. Business entity could make training and development program to their
existing employees in order to make them sufficient to give better performances in each situation
in the country effectively.
Long term orientation: Long terms orientation, in this approach, the organisation make
their major focus on the improvement in the relationship with their employees at the long time.
In this case, Jaguar automotive enterprise could establish their positive long term relationship
with their employees at effective for. With the assistance of this approach, the organisational
employees get more motivate towards improvement in business performance effectively.
Employees of Jaguar firm get associated towards the organisation effectively and their employee
will not focus on short term goals and objectives of the firm effectively (Wellington, 2015).
Jaguar organisation must follow long terms orientation approach at the workplace and establish
positive relationship with their loyal employee for long terms purpose. So they assist the
business to better management of contemporary issues in the enterprise efficiently.
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CONCLUSION
From the above analysis. It has concluded that contemporary issues' management is most
crucial factor for Jaguar automotive organisation in order to sustain the market more effectively,
moreover, it is also concluded that some key dynamic forces which making impact on the
business environment efficiently and society as well which must be considered by the
organisation al professional and effective remove them. Some relationship could be occurred in
the business with some of these forces which make impact on formation of effective strategic
decision-making process within the organisation effectively.
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