GB Batteries: Analysis of Resource Decisions and Change Management

This report analyzes GB Batteries' resource decisions, exploring the impact of internal and external factors on the company's performance. It evaluates the financial viability of the organization, providing recommendations for improvement, and assesses the strategies used to evaluate tangible and intangible resources. The report delves into the importance of cost in pricing strategies and suggests enhancements for existing costing and budgeting systems. Furthermore, it examines classical and contemporary management and leadership styles in the context of change management, exploring internal and external triggers, the role of human resource management, and stakeholder analysis to determine resistance to change. The report concludes with a summary of key findings and recommendations, drawing on financial data, industry trends, and management theories to offer a comprehensive overview of GB Batteries' operational and strategic considerations.

BUSINESS
ADMINISTRATIVE

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
The impact of three key resource decisions of internal and external of GB Batteries
performance.................................................................................................................................1
Financial viability and recommendation of an organisation.......................................................2
Strategies used by the organisation to evaluate tangible and intangible resources and its
efficiency.....................................................................................................................................3
The importance of cost in pricing strategies and recommendation for improvements in
existing costing and budgeting systems......................................................................................4
TASK 2............................................................................................................................................5
Classical and contemporary management and leadership styles on ...........................................5
change management....................................................................................................................5
– contemporary management system is based on digital resource of study teaching and
learning. It is fully based on face to face study. It means to new, recent, current approaches in
the field of work. Its provide new and innovative ideas to learning and workings is help to set
the goal and processes is focuses on behaviour and interaction of employer. Basically it works
on learning. .................................................................................................................................7
Internal and External Triggers influencing the organisation and change management strategy 7
Contribution of human resource management in change management process of organisation.
.....................................................................................................................................................7
Stake holder analysis which determine possible resistance to change........................................9
Contribution of human resource management in change management process of organisation.
.....................................................................................................................................................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11

INTRODUCTION
Business administration plays a major role in managing business operation. It is
important for the organisation to maintain the stability of operation by analyzing the influence of
internal and external factors on organisation. The report will evaluate the key resource decision
of GB batteries which are influenced by internal and external factors of enterprise. The company
is focused on innovating rechargeable battery and is offering its services across the globe. The
report will outline the financial viability and recommendation over its financial performance.
Further, it will evaluate the role of Human resource management in managing changes. Thus, the
report will identify the efficiency and risk which occurs due to inadequacy of resources with an
organisation.
TASK 1
The impact of three key resource decisions of internal and external of GB Batteries performance.
Internal analysis of the company is based on value creation which is based internal and
external factors which impact the resource decisions are as follows:
Opportunities: Growing economy and new markets impacts the decision-making process
of an organisation the demand of products fluctuates from market to market. Moreover, the new
economy and its pricing strategy impacts the internal cost effectiveness of resources. Further the
global market demand fluctuates with the changing trends of power which influence the
consumer demand for batteries which ultimate impact the resource decisions which sometimes
leads to scarcity and sometimes wastage.
Technology: The decision regarding resources is greatly influenced by advancement in
technology as it assist the organization in making optimum utilization of resources. However,
sometimes with every new up gradation the company will have to make changes in its existing
resources which leads wastage of old and existing sources and decrease the cost efficiency of
resources (Simon, 2013)On the other hand, with every advancement the management has to
recruit skilled employees according to changes and even the focus on process shifts to providing
training to employees in order to make them aware about its usage (Arendsen and et.al., 2014)
Environmental: The increasing awareness about the use of environment friendly
resources, and process has impacted the process and cost efficient of GB batteries because of this
change the firm has changed its entire course of resource in order to make environmentally
products. Further, protecting environment is based on low energy consumption, reuse, reduce
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and recycle. The Environment is external factor of an organization which complete fluctuated the
internal resource decision making process of a business.
Effectiveness and the risks which occur from
inadequacy of resources
 Effectiveness in inadequacy of resources assist the management in making optimum
utilization of resources
 It assists the organisation in recruiting effective and competent personnel in order to
increase efficiency and effectiveness of functions (Ichikohji and Katsumata, 2014)
 It assists the business in maintaining and delivering quality of services.
 Inadequacy of resources is the best strategy which make easy access to company’s
services.
 It assists in proper monitoring and controlling
Risk occurs due to inadequacy of resources are as follows:
 The major risk is reduction in efficiency of cost maximzation.
 Delay in business operations Inappropriate management functions
 Increasing chance of threats and uncertainties.
Financial viability and recommendation of an organisation.
It can be seen from results that company revenue is increasing consistently in the business. It
must be noted that in year 2014 revenue was 695407 and same increased to 719335 in year 2015.
Thereafter, value increased to 765254 in 2016 and 759842 in year 2017. It can be said revenue of
the business firm is increasing consistently. However, revenue is increasing at fast pace expenses
are also increasing. It can be observed that growth rate of expenses is higher than revenue. This
means that firm management is not efficient and it is not able to control expenses in the business
(GP batteries international limited annual report 2016-2017, 2017). Thus, management needs to
work on controlling expenses in the business at rapid rate. Thus, on this front firm is not viable in
nature. Fact are revealing that asset is increasing consistently in the firm business as its value
was 615667 in year 2014 and same increased to 668988 in the year 2017. In proportion to assets
liability is also increasing consistently in the business.
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2017 2016 2015 2014
Current assets 384763 356474 324379 322684
Current liability 335542 264513 263093 299599
Current ratio
1.14669102
53
1.34766155
16
1.23294424
41
1.07705299
42
Current ratio reflect relationship that is between current asset and current liability. It reflect firm
ability to pay short term liability by using short term assets. It can be observed that value of
current ratio increased in most of the years which means that firm is able to pay current liability
by using current assets. It can be seen from table given above that current ratio value was
1.0770529942 in year 2014 and same increased to 1.1466910253 in 2017. Hence, here firm
condition is good. It can be said that firm is giving mix performance in its business and it further
needs to improve its performance.
Strategies used by the organisation to evaluate tangible and intangible resources and its
efficiency.
Tangible and intangible are resources are the backbone of the organisation which assist the
company in making innovation delivering consumer satisfaction and establishing stability of
business operations. The tangible resources of GB batteries are as follows:
Financial assets: It includes, bonds, stocks, bank deposit, investment etc. It is the form of
contractual money which demonstrate the resistance power of company’s function. It is
important for the organisation to have strong control over its financial assets in order to maintain
its stability.
Human Resource: This includes the capabilities and skills of the manpower working with
the organisation.
Material and products: These are resources which are used in production and
manufacturing process of company’s products. It also comprises the internal infrastructure of the
organization which enhance its value and demonstrate its existence (Ejrnæs and Hochguertel,
2013)
Evaluating the efficiency of tangible assets assist the GB battery in determining the need of
changes required. It is important for the enterprise to evaluate the usage of tangible resources as
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these are roots of firm which act as a backbone to organisation performance. For this the
company make use of customer feedback to collect information regarding the product quality
and efficient. And to analyze the performance to technology and financial asset the organization
implements the use of Key performance indicator which helps in gathering information regarding
overall performance of tangible resources.
The intangible resources of the company are as follows:
Innovation: Intellectual property, scientific capabilities, idea, services are the innovation
of GB Batteries.
Technology: Technology is the physical resources like, a machinery with the GB Batteries
which assist the business in its manufacturing process. Further, it comprises, patents, trade
markets, and copyrights which denotes the presence and uniqueness of the firm and its services
Goodwill: Strong consumer base, reputation within suppliers, reliability and accuracy of
company’s products is intangible assets of an organisation.
Further, for evaluating the performance of intangible resources the company make use of bench
mark strategy in which it sets the target of all the business operations in accordance to
competitors (Zikmund and et.al., 2013) It assists the management in evaluating the best
performance of resources. Measuring performance of intangible resources is the best strategy to
analyses the internal capability of firm to resist the changes.
The importance of cost in pricing strategies and recommendation for improvements in existing
costing and budgeting systems.
Pricing strategy plays and important role in maintaining the cost efficiency of company’s
resources and operations. Pricing new products appropriately is the best way which assist GB
batteries in maintaining a strong control over its cost functions. Further, the importance of cost is
that it provides the company an approach to different marketing mix decision which assist the
organisation in segmentation, targeting, and positioning of products according to consumer
demand. Setting price is the strategy in which the company focuses on covering all the cost
involved in making of products keeping in mind the affordability of commodity. Further, in this
the management sets price of the product according to the market demand for specific process
Moreover cost plays an important role in GB batteries as it assists the organisation in
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maximizing its sales and profits. The firm sets price of its battery products keeping in mind the
fixed and variable cost involved with the production of particular product (Tick and Tick, 2013
Further, it can be recommended that company can use various pricing strategy to increase
its cost efficiency and on the other hand can serve consumer satisfaction. There are various
pricing strategies which can be recommended to GB Batteries which are as follows:
Market Penetration: In this technique, GB Batteries can charge less prices for its
innovative batteries in comparison to its existing rechargeable batteries. Charging low price for
new products assist the management in attracting consumers towards its services. Further, it is
beneficial in developing strong consumer base and learning loyalty of buyers.
Competitive pricing: In this the company targets and sets price in accordance to pricing
strategy of its rivals. In this technique the company can charge slightly low price for similar
products in comparison to competitors. This is beneficial because the consumers are
pricesensitive therefore when it comes to buying decision the individual discriminate prices of
products in which the GB batteries can attain competitive advantage over pricing and increase its
cost efficiency.
Psychological pricing: In this strategy the company can charge price according to its cost
function but slightly low as per consumers expectations. It is the tactics which assist the
management in attracting consumers by offering low price (Schaltegger, Lüdeke-Freund and
Hansen, 2012)
Hence, the strategies are the tactics of making pricing according to consumers buying
efficiency and it also enables the company to maintain the efficiency of its products.
TASK 2
Classical and contemporary management and leadership styles on
change management
Classical management theory of leadership style is focused on employees economic and
physical needs regardless of social needs and satisfaction. In this style the control over workers is
very strict and the decision of change are focused on profit maximization, management decisions
and strict leadership control. This provides easy approach to managing changes as in this there is
hierarchical control. Further, in this theory GB Battery has divided it system in three strict layers
where the top layer comprises board of directors, second layer comprises manager and
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supervisors and last lays involves all workers. It helps the company in increasing work efficiency
and effectiveness (Kamenetskii and Yas' kova, 2015) It is also helps to make management better
and effectively results. In a company, leader take decisions in urgent condition without any
consulting that time its helps in company's no one need of suggestion requires any other person
when its help to taking decisions. Classical management theory guide to a leader how to treat and
give suggestion employees about their task.
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– contemporary management system is based on digital resource of study teaching and learning.
It is fully based on face to face study. It means to new, recent, current approaches in the
field of work. Its provide new and innovative ideas to learning and workings is help to set
the goal and processes is focuses on behaviour and interaction of employer. Basically it
works on learning.
Internal and External Triggers influencing the organisation and change management strategy
Internal External
When a company do the change in the
internal organization refers to events, factors,
people, systems, structures, and conditions
inside the organization that are generally
under the control of the company.
When a company do they cahange in external
environment then founded update and advance
technology (Gong and Janssen, 2013)
When a company do to changes in the internal
environment then they know to employ
reaction in team in self and they know what
employ how to behave
When a company do the changes in external
environment ten they reduce of extra taxes and
costume duty
When we do changes in internal environment
then we know direction planing and controlling
and training of they organization
When a company changes in the external d
environment then they export and import the
best quality and quantity without extra tax.
When a company change in internal
environment ten we foundered update and
advance teleology
When we do changes in they then a company
easily get current operations, growth, and long-
term sustainability
In chances internal department a management
know employ activities, decisions, and
employee behavior and attitudes.
When a company changes in external
department then they reduce competition and
arranging
Contribution of human resource management in change management process of organisation.
Human resource management system are works in the every department. It is basically work for
achieving organization and individual goal its work on the arranging organization and managing
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of the employable that GB battery company also want the best management system. In GB
battery company also use management system because they want employ job satisfaction.
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Including human resource management
 planing
 directing
 controlling
 organization
 compensation befits
 selection
 arranging employ
 career development
 performance management
All things including GB battery company in human resource management proving selection,
training, induction all things are including. GB company management system also work for
acquiring, storing, analyzing and distributing information to various stakeholders. GB battery
management system is work between human resource system and information technology system
(INAMIZU, 2015) Human resource system is also managing data and record of then employ.
human resource system link between employ job satisfaction and GB battery company.
Advantages
 Easy access to the data
 The new system is more user friendly reliable and flexible.
 Data alteration is easy.
 Maintenance of the project is easy
 Reduced manual work.
 Timely Report generation
Disadvantage
Time consuming
Expensive

Stake holder analysis which determine possible resistance to change
Stakeholders are considered as forces that play an important role in growth of any business firm.
It is very important to satisfy needs and wants of the stakeholders so as to receive their support
consistently in the business. Sometimes these stakeholders instead of supporting organization
create barrier for it. Some of the resistance that can be received from stakeholders is explained
below. Shareholders: These are the one of the important stakeholders of the business firm.
Shareholders are those who make investment in the business firm and provide required
amount of time. Sometimes these shareholders instead of supporting business create
problem for it. It must be noted that shareholders does not prefer that new individuals
added as shareholder in the company because if same happened then their decision
making power get reduced (Stakeholder analysis, 2017). Hence, it is very important to
ensure that shareholders are convinced with the fact that addition of new one will be in
benefit of the business firm and they must accept proposal for benefit of an organization. Employees: These are another important stakeholders of the business firm as they operate
entire organization. Many times business firm intends to introduce any sort of change in
the business but employees does not support it. This lead to conflict between employees
and management. This thing heavily affect organization. Thus, it is very important to
ensure that employees are convinced to accept change at workplace (Schaltegger,
Lüdeke-Freund and Hansen, 2012)
 Suppliers: These are another important stakeholders of the business firm as they supply
raw material to the business firm. These suppliers sometimes offer goods on credit basis
but sometimes due to personal reasons breach contract with the firm which lead to
decline in firm sales. It can be said that suppliers to great extent affect business firm.
Contribution of human resource management in change management process of organisation.
Human resource system works in GB s battery company mention relationship and
searching new people to achieving goal. Human resource system full fill employ and GB
company need . Its give the motivation and guided and facility to work area. Human resource
system works and providing connection between the moral and ethical connection between the
employees and the humans actually running the corporation, achieving the target. Human
resource system provide most of the all type of company in GB company it's also provide
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