UGB261 The growth and development of an organisation
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This report discusses the importance of operations management in supporting the business aims and objectives of Tesco. It investigates two management approaches that could contribute to the growth and development of the organisation. The report also analyses the importance of motivation, effective communication, and teamwork in supporting business performance. Finally, it recommends two management approaches that Tesco could adopt to ensure effective management functions in an emerging or changing environment.
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Growth and
Development of an
Organisation
Development of an
Organisation
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Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK ..............................................................................................................................................4
The way operations management support the business aims and objective of your
organisation.................................................................................................................................4
Investigation into two management approaches to show how the organisation could ensure
the business management functions contribute toward the growth and development of the
organisation.................................................................................................................................6
Analyse the importance of motivation in the workplace business.............................................8
Effective communication and teamwork support the business performance.............................9
Recommend two management approaches which the organisation could take to ensure its
management functions effectively to contribute to the design of the organisation in an
emerging or changing environment............................................................................................9
CONCLUSION ............................................................................................................................12
REFERENCES..............................................................................................................................13
INTRODUCTION ..........................................................................................................................3
TASK ..............................................................................................................................................4
The way operations management support the business aims and objective of your
organisation.................................................................................................................................4
Investigation into two management approaches to show how the organisation could ensure
the business management functions contribute toward the growth and development of the
organisation.................................................................................................................................6
Analyse the importance of motivation in the workplace business.............................................8
Effective communication and teamwork support the business performance.............................9
Recommend two management approaches which the organisation could take to ensure its
management functions effectively to contribute to the design of the organisation in an
emerging or changing environment............................................................................................9
CONCLUSION ............................................................................................................................12
REFERENCES..............................................................................................................................13
INTRODUCTION
Operations management is considered as key approach which helps and supports a
business entity and its key functions. The application of operations management is helpful in
developing key quality products and also supports an organisation in optimum utilisation of
resources. In the era of stiff competition between different companies, it is crucial for an
organisation to take support and assistance of operations management for overall development.
In this project example of Tesco company is taken into consideration for better understanding
key aspects of operations management. The Tesco company is a major international British retail
company which is based in London, United Kingdom. The company was founded in the year
1919 and is known worldwide for its world class retail products and services. This report will
cover key ways in which operations management helps an organisation to develop systematic
approach at the marketplace. This project includes two major management approaches which
can help the organisation to develop growth opportunities.
Operations management is considered as key approach which helps and supports a
business entity and its key functions. The application of operations management is helpful in
developing key quality products and also supports an organisation in optimum utilisation of
resources. In the era of stiff competition between different companies, it is crucial for an
organisation to take support and assistance of operations management for overall development.
In this project example of Tesco company is taken into consideration for better understanding
key aspects of operations management. The Tesco company is a major international British retail
company which is based in London, United Kingdom. The company was founded in the year
1919 and is known worldwide for its world class retail products and services. This report will
cover key ways in which operations management helps an organisation to develop systematic
approach at the marketplace. This project includes two major management approaches which
can help the organisation to develop growth opportunities.
TASK
The way operations management support the business aims and objective of your organisation
Operations management means those perspectives which is based upon seeking
possibility as per various operations within an organization. These operations are related with
converting materials and labour with goods and services which leads upon maximizing profit
within an organization. These operations within management is related over managing of
administrative work which is related to business practices that creates highest efficiency within
the organization(Malhotra, 2020). Operations management is based upon converting materials
into goods and services that is been sold by organization within particular market. Through
corporate operations management the employees working is enhanced through overall
development. These operations helps in embedding professionalism in terms of elements that are
used within task accomplishment. Operations management deals with enhancing aims and
objectives of Tesco by paving path which is based upon vision and mission of Tesco. Through
applying management within operations of Tesco its is able to achieve its aims like employees
and consumer satisfaction. Also, in terms of objectives Tesco is able to manage demand and
needs of customers by collecting data over it. Management operations are used by Tesco for
developing better opportunities which leads towards achieving aims of profit and revenue
generation(Lee and Lin, 2021). Operation management leads towards achieving of strategic
objectives which makes business organization like Tesco work upon upon marketing strategies
and issues related to it. It is used for determining size of manufacturing plants and projects
management methods which makes structure developed as per aims and objectives of Tesco.
Information technology networks is an important part of management operations which makes
aims oriented approach developed by emancipating communication which makes tasks
accomplished more effectively. Tesco is able deals with operational issue that makes
management improved at inventory level which leads towards making work processed at initial
level. Tesco is able to manage raw materials acquisition, quality control, materials handling, and
maintenance policies that helps in achieving aims and objectives in faster manner. Operations
management of Tesco helps in developing objectives and aims by focusing upon certain
elements which are discussed as follows:
The way operations management support the business aims and objective of your organisation
Operations management means those perspectives which is based upon seeking
possibility as per various operations within an organization. These operations are related with
converting materials and labour with goods and services which leads upon maximizing profit
within an organization. These operations within management is related over managing of
administrative work which is related to business practices that creates highest efficiency within
the organization(Malhotra, 2020). Operations management is based upon converting materials
into goods and services that is been sold by organization within particular market. Through
corporate operations management the employees working is enhanced through overall
development. These operations helps in embedding professionalism in terms of elements that are
used within task accomplishment. Operations management deals with enhancing aims and
objectives of Tesco by paving path which is based upon vision and mission of Tesco. Through
applying management within operations of Tesco its is able to achieve its aims like employees
and consumer satisfaction. Also, in terms of objectives Tesco is able to manage demand and
needs of customers by collecting data over it. Management operations are used by Tesco for
developing better opportunities which leads towards achieving aims of profit and revenue
generation(Lee and Lin, 2021). Operation management leads towards achieving of strategic
objectives which makes business organization like Tesco work upon upon marketing strategies
and issues related to it. It is used for determining size of manufacturing plants and projects
management methods which makes structure developed as per aims and objectives of Tesco.
Information technology networks is an important part of management operations which makes
aims oriented approach developed by emancipating communication which makes tasks
accomplished more effectively. Tesco is able deals with operational issue that makes
management improved at inventory level which leads towards making work processed at initial
level. Tesco is able to manage raw materials acquisition, quality control, materials handling, and
maintenance policies that helps in achieving aims and objectives in faster manner. Operations
management of Tesco helps in developing objectives and aims by focusing upon certain
elements which are discussed as follows:
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Location of Facilities: The most effective decisions of operations management is related
with selection of location, huge investment and arranging of machinery with materials
that is used for developing optimum utilization of resources which is helpful for future
growth of an organization. Tesco, through this decision is able to focus over aims and
objective regarding expansion of its online and physical stores within local and global
market.
Product Design: This is based upon depth analysis which is shown towards
development of product layout. It is an important part of management operations that
leads towards introducing innovation within products as per the needs of consumer. It is
helps for Tesco since it makes goal of innovation achieved by the organization.
Process Design: This is most important part of operations management as it makes final
product to be produced in the form of finished goods(Pedler and Hsu, 2018). Under it
decisions regarding choice of technology, flow of analysis and selection is developed. In
relation to Tesco, process design helps upon developing effective and faster process
design that make organization reach to its customers without any barrier.
Material Management: This is an important part of management that deals with
procurement of elements which are related with process of production. In this aims and
objectives of product development is achieved by an organization. Tecso with the helps
of material management develops strong relationship with supplier that ensures about
supply of material is not stopped under any circumstances.
Quality Control: Quality Control is an effective process which is based upon quality of
goods and services within which organization us responsible for improving product and
its quality(Johannes and et. al., 2022). It is required by Tesco to take actions which
makes quality of product improved through monitoring products on regular basis.
Maintenance Management: Machinery, tools and equipments has important role to play
within task accomplishment. Thus it becomes responsibility of operations manager of
Tesco to develop effective product which makes its brand value increased within an
organization.
with selection of location, huge investment and arranging of machinery with materials
that is used for developing optimum utilization of resources which is helpful for future
growth of an organization. Tesco, through this decision is able to focus over aims and
objective regarding expansion of its online and physical stores within local and global
market.
Product Design: This is based upon depth analysis which is shown towards
development of product layout. It is an important part of management operations that
leads towards introducing innovation within products as per the needs of consumer. It is
helps for Tesco since it makes goal of innovation achieved by the organization.
Process Design: This is most important part of operations management as it makes final
product to be produced in the form of finished goods(Pedler and Hsu, 2018). Under it
decisions regarding choice of technology, flow of analysis and selection is developed. In
relation to Tesco, process design helps upon developing effective and faster process
design that make organization reach to its customers without any barrier.
Material Management: This is an important part of management that deals with
procurement of elements which are related with process of production. In this aims and
objectives of product development is achieved by an organization. Tecso with the helps
of material management develops strong relationship with supplier that ensures about
supply of material is not stopped under any circumstances.
Quality Control: Quality Control is an effective process which is based upon quality of
goods and services within which organization us responsible for improving product and
its quality(Johannes and et. al., 2022). It is required by Tesco to take actions which
makes quality of product improved through monitoring products on regular basis.
Maintenance Management: Machinery, tools and equipments has important role to play
within task accomplishment. Thus it becomes responsibility of operations manager of
Tesco to develop effective product which makes its brand value increased within an
organization.
Operations management has important roles to play within an organization like Tesco in
terms of its aims and objectives accomplishment. Through operations management Tesco is able
to apply better and effective structure for enhancement of operations of Tesco.
Investigation into two management approaches to show how the organisation could ensure the
business management functions contribute toward the growth and development of the
organisation.
Management is an important part of an organization which leads towards developing
strong and effective structure which makes various perspective regarding management work. In
order to make management more effective and impactful certain approaches and theories are
used which has been discussed in relation to Tesco as follows:
Principles of administrative management theory: The management theory is based
over various kinds of principles that has been used in order to develop management and its
various perspectives. It is used for developing management approach within an organization that
makes effectiveness developed in order to improve management and its working. The principles
explained within the theory has been discussed as follows:
Initiative: This is based over freedom of employees which is used for carrying out
responsibilities that has been assigned to employees.
Equity: This principles relates within equality that is required to be embedded within
working environment of an organization.
Scalar chain: This principle is based over chain of supervisors with top level of
management and lower level management which relates with communication flowing
from top to bottom. Thus management of an organization requires to make
communication more effective in nature in terms of commanding for communication.
Remuneration of personnel: This principle refers over assertion that should be both
monetary and non-monetary remuneration related with performance level of employees
creating strong bond between employees and organization.
Unity of direction: This principles are based over assertion which is required to be
managed by department while making coordination and group activity to attain aims
effectively.
terms of its aims and objectives accomplishment. Through operations management Tesco is able
to apply better and effective structure for enhancement of operations of Tesco.
Investigation into two management approaches to show how the organisation could ensure the
business management functions contribute toward the growth and development of the
organisation.
Management is an important part of an organization which leads towards developing
strong and effective structure which makes various perspective regarding management work. In
order to make management more effective and impactful certain approaches and theories are
used which has been discussed in relation to Tesco as follows:
Principles of administrative management theory: The management theory is based
over various kinds of principles that has been used in order to develop management and its
various perspectives. It is used for developing management approach within an organization that
makes effectiveness developed in order to improve management and its working. The principles
explained within the theory has been discussed as follows:
Initiative: This is based over freedom of employees which is used for carrying out
responsibilities that has been assigned to employees.
Equity: This principles relates within equality that is required to be embedded within
working environment of an organization.
Scalar chain: This principle is based over chain of supervisors with top level of
management and lower level management which relates with communication flowing
from top to bottom. Thus management of an organization requires to make
communication more effective in nature in terms of commanding for communication.
Remuneration of personnel: This principle refers over assertion that should be both
monetary and non-monetary remuneration related with performance level of employees
creating strong bond between employees and organization.
Unity of direction: This principles are based over assertion which is required to be
managed by department while making coordination and group activity to attain aims
effectively.
Discipline: This is primarily based totally upon making personnel respectful and
obedient, and an business enterprise have to define regulations and rules that make clear
regulations, excellent supervision and a reward-punishment system.
Division of work: This precept asserts that the general movement of control have to be
divided and that group contributors have to take delivery of duties primarily based totally
on their competencies and pastimes to lead them to greater powerful and efficient.
Authority and duty: Per this precept, there have to be a stability among authority the
proper to present instructions and make selections and duty the duty of an worker to
carry out the responsibilities they’re designated.
Unity of command: This refers back to the statement that personnel ought to get orders
from most effective one instant manager and be responsible to that character most
effective.
Subordination of man or woman hobby to trendy pastimes: There ought to be
concord among the pastimes of the man or woman and the business enterprise, even
though the organizational hobby have to take delivery of precedence given that it's going
to carry rewards for the man or woman.
Centralization: According to this precept, the topmost stage of authority have to be
centralized to the pinnacle stage of control, who has the electricity to make the maximum
critical selections in an business enterprise(Ganda, 2019).
Order: This precept asserts that for an business enterprise to run smoothly, the proper
character ought to be within the proper process and that, therefore, each fabric and
worker have to take delivery of a right place.
Stability of tenure: This precept says personnel ought to have process protection to be
efficient.
Espirit de corps: This refers back to the perception that there ought to be a unified
group contribution and that cooperation is usually extra than the mixture of man or
woman performances.
The standards are accountable for an business enterprise like Tesco as they leads closer
to over all improvement of an business enterprise in phrases of control operations(Fernández-
Portillo and et. al., 2020). Thus Tesco is needed to enforce those standards inside operating of an
business enterprise.
obedient, and an business enterprise have to define regulations and rules that make clear
regulations, excellent supervision and a reward-punishment system.
Division of work: This precept asserts that the general movement of control have to be
divided and that group contributors have to take delivery of duties primarily based totally
on their competencies and pastimes to lead them to greater powerful and efficient.
Authority and duty: Per this precept, there have to be a stability among authority the
proper to present instructions and make selections and duty the duty of an worker to
carry out the responsibilities they’re designated.
Unity of command: This refers back to the statement that personnel ought to get orders
from most effective one instant manager and be responsible to that character most
effective.
Subordination of man or woman hobby to trendy pastimes: There ought to be
concord among the pastimes of the man or woman and the business enterprise, even
though the organizational hobby have to take delivery of precedence given that it's going
to carry rewards for the man or woman.
Centralization: According to this precept, the topmost stage of authority have to be
centralized to the pinnacle stage of control, who has the electricity to make the maximum
critical selections in an business enterprise(Ganda, 2019).
Order: This precept asserts that for an business enterprise to run smoothly, the proper
character ought to be within the proper process and that, therefore, each fabric and
worker have to take delivery of a right place.
Stability of tenure: This precept says personnel ought to have process protection to be
efficient.
Espirit de corps: This refers back to the perception that there ought to be a unified
group contribution and that cooperation is usually extra than the mixture of man or
woman performances.
The standards are accountable for an business enterprise like Tesco as they leads closer
to over all improvement of an business enterprise in phrases of control operations(Fernández-
Portillo and et. al., 2020). Thus Tesco is needed to enforce those standards inside operating of an
business enterprise.
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Bureaucracy Theory of management: This Theory of management this is evolved
through the Max Weber that contained the 2 necessities factors that consists of the structuring an
enterprise within the hierarchy with certainly described pursuits and goals to control enterprise
activities. The idea is primarily based totally upon organizational performance that's critical to
control business enterprise performance that's critical for making clean line of authority evolved
over right regulations, techniques and rules for controlling every enterprise operation(Henderson
and Scott, 2018). In context of Tesco, to eliminate the repetitive duties they use standardization
in going for walks techniques that permits to remain competitive in marketplace.
Analyse the importance of motivation in the workplace business
Motivation plays an important role in the functioning of an organisation, it is one of the
major roles of a business to motivate employees(Prinos, 2021). The key role of a business is to
focus on development of choosing motivational techniques in order to gain desired success at the
marketplace. The importance and significance of motivation for Tesco company are mentioned
below:
Morale development- Development of morale in employees is most important for a
business in order to increase their mental strength. Motivation plays an important role in
increasing the chances of success of company. It is major role of a business to support
morale development of employees in order to also enhance their value in the
organisation. All major companies in the international and national marketplace focus on
motivation development for company welfare.
Enthusiasm and spirit enhancement- With the help and support of motivation based
techniques, a business entity achieves spirit in employees. This helps in promoting
employees towards work and also helps company to move ahead of competitors. The
main role of a business is to secure development of major functions and operations in
order to analyse the chances of company development with primary focus on major
factors and techniques.
Emotional intelligence- The emotional intelligence is considered as one of the major
output which is received with help of motivation. It is one of the most important
through the Max Weber that contained the 2 necessities factors that consists of the structuring an
enterprise within the hierarchy with certainly described pursuits and goals to control enterprise
activities. The idea is primarily based totally upon organizational performance that's critical to
control business enterprise performance that's critical for making clean line of authority evolved
over right regulations, techniques and rules for controlling every enterprise operation(Henderson
and Scott, 2018). In context of Tesco, to eliminate the repetitive duties they use standardization
in going for walks techniques that permits to remain competitive in marketplace.
Analyse the importance of motivation in the workplace business
Motivation plays an important role in the functioning of an organisation, it is one of the
major roles of a business to motivate employees(Prinos, 2021). The key role of a business is to
focus on development of choosing motivational techniques in order to gain desired success at the
marketplace. The importance and significance of motivation for Tesco company are mentioned
below:
Morale development- Development of morale in employees is most important for a
business in order to increase their mental strength. Motivation plays an important role in
increasing the chances of success of company. It is major role of a business to support
morale development of employees in order to also enhance their value in the
organisation. All major companies in the international and national marketplace focus on
motivation development for company welfare.
Enthusiasm and spirit enhancement- With the help and support of motivation based
techniques, a business entity achieves spirit in employees. This helps in promoting
employees towards work and also helps company to move ahead of competitors. The
main role of a business is to secure development of major functions and operations in
order to analyse the chances of company development with primary focus on major
factors and techniques.
Emotional intelligence- The emotional intelligence is considered as one of the major
output which is received with help of motivation. It is one of the most important
responsibility of higher level authorities to select best techniques related to motivation in
order to increase chances of competitive growth.
Effective communication and teamwork support the business performance
Communication is one of the most essential factors that helps a business entity to
overcome key consequences that are faced by a business. The art of communication also
supports a business entity like Tesco to develop major focus on exchanging an information.
Main companies in the global and domestic marketplace including Tesco focus on development
of major factors related to communication in order to seek attention of target audience and
employee. The art related to communication is also supporting for a business organisation in
achievement of set targets in a specified period of time. Effective communication is the most
precise and systematic way of developing an information and passing it for the welfare of
company. In the recent times, due to increased competition between companies, it is major role
of a company to select most appropriate approach related to communication for better capturing
the marketplace.
Teamwork on the other hand is considered as major approach which combines group of
employees in an organisation to support business(Staniškis, 2022). The teamwork is also a great
effort in achievement of common aims related to an organisation. This is the main task of top
level management and higher level authorities to support team work with development of
appropriate and strategic actions. In order to increase the efficiency and effectiveness of a
business, it is most important for a company to focus on development of communication based
objectives. This is one of the most crucial roles of a team leader to develop major approach with
the support of team members. The decision making is one of the major aspects of team work
which can be achieved by implementing most suitable leadership styles. Democratic leadership
style is considered as key approach which helps a company to develop focused practices.
Recommend two management approaches which the organisation could take to ensure its
management functions effectively to contribute to the design of the organisation in an
emerging or changing environment
In the functioning of a company it is essential to take into consideration
various management approaches that are helpful in increasing chances of competitive growth. In
order to enhance productivity and development of employees Tesco must focus on selecting
best management approaches. The selection of management approaches must be done by higher
order to increase chances of competitive growth.
Effective communication and teamwork support the business performance
Communication is one of the most essential factors that helps a business entity to
overcome key consequences that are faced by a business. The art of communication also
supports a business entity like Tesco to develop major focus on exchanging an information.
Main companies in the global and domestic marketplace including Tesco focus on development
of major factors related to communication in order to seek attention of target audience and
employee. The art related to communication is also supporting for a business organisation in
achievement of set targets in a specified period of time. Effective communication is the most
precise and systematic way of developing an information and passing it for the welfare of
company. In the recent times, due to increased competition between companies, it is major role
of a company to select most appropriate approach related to communication for better capturing
the marketplace.
Teamwork on the other hand is considered as major approach which combines group of
employees in an organisation to support business(Staniškis, 2022). The teamwork is also a great
effort in achievement of common aims related to an organisation. This is the main task of top
level management and higher level authorities to support team work with development of
appropriate and strategic actions. In order to increase the efficiency and effectiveness of a
business, it is most important for a company to focus on development of communication based
objectives. This is one of the most crucial roles of a team leader to develop major approach with
the support of team members. The decision making is one of the major aspects of team work
which can be achieved by implementing most suitable leadership styles. Democratic leadership
style is considered as key approach which helps a company to develop focused practices.
Recommend two management approaches which the organisation could take to ensure its
management functions effectively to contribute to the design of the organisation in an
emerging or changing environment
In the functioning of a company it is essential to take into consideration
various management approaches that are helpful in increasing chances of competitive growth. In
order to enhance productivity and development of employees Tesco must focus on selecting
best management approaches. The selection of management approaches must be done by higher
level authorities and strategic management of a company. Selection of major approaches
in management helps the business entities to perform operations according to contemporary
business environment. The two major management approaches which could be adopted by Tesco
in order to succeed at the marketplace in a set period of time are mentioned below:
Human relation approach- In the era of stiff competition between different companies,
human resource approach is considered as most effective one. It is based on focusing on
employee relationship as they are the most important resource for the organisation. In the
recent times, importance of employee welfare is increasing with the increased
competition. The main role of management of the concerned organisation is to provide
key solutions to employees by understanding them and their culture. In order to gain
competitive advantage, it is necessary for a business entity to analyse the importance of
employees and maintain good relationship with them. Human resource management is a
major organisational body which is concerned with increasing chances of development of
a business in order to perform quick and accurate operations. Maintaining effective
relationship also results in increasing job satisfaction and productivity of employees. The
different organisations at the marketplace implement this theory with supervision and
control to achieve best results.
Scientific approach- This is one of the most adopted theories in corporate world which
includes systematic development and growth of a business firm. The scientific approach
is very much crucial for an organisation in order to achieve individual and organisational
targets. The main task and functions of a business entity is to provide precise and
systematic operations. Rule of thumb should not be practised at Tesco in order to avoid
any further negative consequences and challenges. Main task of a business is to increase
the strengths of operations with the help of appropriate planning and strategic
frameworks(Valantiejienė Butkevičienė and Šmakova, 2022). The
scientific management approach is used and applied by many international and national
companies in order to develop a major methodology in managing key business
operations in a more responsible manner. The main task and function of a company is to
analyse key growth based factors in an advance manner to achieve key consequences.
Scientific management based approach is crucial for company in order to determine key
objectives which are on the basis of growth and development. Mainly companies take
in management helps the business entities to perform operations according to contemporary
business environment. The two major management approaches which could be adopted by Tesco
in order to succeed at the marketplace in a set period of time are mentioned below:
Human relation approach- In the era of stiff competition between different companies,
human resource approach is considered as most effective one. It is based on focusing on
employee relationship as they are the most important resource for the organisation. In the
recent times, importance of employee welfare is increasing with the increased
competition. The main role of management of the concerned organisation is to provide
key solutions to employees by understanding them and their culture. In order to gain
competitive advantage, it is necessary for a business entity to analyse the importance of
employees and maintain good relationship with them. Human resource management is a
major organisational body which is concerned with increasing chances of development of
a business in order to perform quick and accurate operations. Maintaining effective
relationship also results in increasing job satisfaction and productivity of employees. The
different organisations at the marketplace implement this theory with supervision and
control to achieve best results.
Scientific approach- This is one of the most adopted theories in corporate world which
includes systematic development and growth of a business firm. The scientific approach
is very much crucial for an organisation in order to achieve individual and organisational
targets. The main task and functions of a business entity is to provide precise and
systematic operations. Rule of thumb should not be practised at Tesco in order to avoid
any further negative consequences and challenges. Main task of a business is to increase
the strengths of operations with the help of appropriate planning and strategic
frameworks(Valantiejienė Butkevičienė and Šmakova, 2022). The
scientific management approach is used and applied by many international and national
companies in order to develop a major methodology in managing key business
operations in a more responsible manner. The main task and function of a company is to
analyse key growth based factors in an advance manner to achieve key consequences.
Scientific management based approach is crucial for company in order to determine key
objectives which are on the basis of growth and development. Mainly companies take
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into consideration development of focused policies which are helpful in supporting
development of companies according to contemporary business environment. Main
function of a company is to also perform operations with help of employee participation
in a scientific manner.
development of companies according to contemporary business environment. Main
function of a company is to also perform operations with help of employee participation
in a scientific manner.
CONCLUSION
From the above analysis it can be concluded that growth and development of an
organisation is helpful in increasing chances of expansion of a company. This project concludes
that in order to increase chances of competitive growth, it is necessary for companies to take into
consideration application of various professional management approaches. The analysis also
concludes that in order to gain competitive advantage in a set period of time, it is necessary for a
company to put emphasis on its operations. The main role of a company is to hire professional
workers in operations department who are able to handle key operations with more stability and
effectiveness.
From the above analysis it can be concluded that growth and development of an
organisation is helpful in increasing chances of expansion of a company. This project concludes
that in order to increase chances of competitive growth, it is necessary for companies to take into
consideration application of various professional management approaches. The analysis also
concludes that in order to gain competitive advantage in a set period of time, it is necessary for a
company to put emphasis on its operations. The main role of a company is to hire professional
workers in operations department who are able to handle key operations with more stability and
effectiveness.
REFERENCES
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study of OECD European union countries. Technology in Society, 63, p.101420.
Ganda, F., 2019. The impact of innovation and technology investments on carbon emissions in
selected organisation for economic Co-operation and development countries. Journal of
cleaner production, 217, pp.469-483.
Henderson, J. and Scott, A.J., 2018. The growth and internationalisation of the American
semiconductor industry: Labour processes and the changing spatial organisation of
production. In The Development of High Technology Industries (pp. 37-79). Routledge.
Johannes, K and et. al., 2022. Implementing organisational change in a digitalising facilities
management organisation through stewardship interventions. Journal of Facilities
Management, (ahead-of-print).
Lee, J.A. and Lin, L.Y.H., 2021. Legal Institutions of Human Capital: Property, Contract, and
Organisation. Journal of the Knowledge Economy, pp.1-19.
Malhotra, A., 2020. Indianness and organisation development. NHRD Network Journal, 13(3),
pp.282-295.
Pedler, M. and Hsu, S.W., 2018. Regenerating the learning organisation: towards an alternative
paradigm. The Learning Organization.
Prinos, I., 2021. The Preston model and co-operative development: A glimpse of transformation
through an alternative model of social and economic organisation. In The Preston
Model and Community Wealth Building (pp. 32-47). Routledge.
Staniškis, J.K., 2022. Sustainability Challenges in an Business Organisation. In Transformation
of Business Organization Towards Sustainability (pp. 3-14). Springer, Cham.
Valantiejienė, D., Butkevičienė, J. and Šmakova, V., 2022. Dynamic capabilities in social
purpose organisation during critical event: Case study analysis. International Journal of
Disaster Risk Reduction, 78, p.103125.
Books and Journals
Ben Rejeb, F., 2019. Women leadership at the head of the Pan-African Farmers' Organisation:
the Integrated Rural Development Strategy. ICT Update.
Fernández-Portillo, A and et. al., 2020. Impact of ICT development on economic growth. A
study of OECD European union countries. Technology in Society, 63, p.101420.
Ganda, F., 2019. The impact of innovation and technology investments on carbon emissions in
selected organisation for economic Co-operation and development countries. Journal of
cleaner production, 217, pp.469-483.
Henderson, J. and Scott, A.J., 2018. The growth and internationalisation of the American
semiconductor industry: Labour processes and the changing spatial organisation of
production. In The Development of High Technology Industries (pp. 37-79). Routledge.
Johannes, K and et. al., 2022. Implementing organisational change in a digitalising facilities
management organisation through stewardship interventions. Journal of Facilities
Management, (ahead-of-print).
Lee, J.A. and Lin, L.Y.H., 2021. Legal Institutions of Human Capital: Property, Contract, and
Organisation. Journal of the Knowledge Economy, pp.1-19.
Malhotra, A., 2020. Indianness and organisation development. NHRD Network Journal, 13(3),
pp.282-295.
Pedler, M. and Hsu, S.W., 2018. Regenerating the learning organisation: towards an alternative
paradigm. The Learning Organization.
Prinos, I., 2021. The Preston model and co-operative development: A glimpse of transformation
through an alternative model of social and economic organisation. In The Preston
Model and Community Wealth Building (pp. 32-47). Routledge.
Staniškis, J.K., 2022. Sustainability Challenges in an Business Organisation. In Transformation
of Business Organization Towards Sustainability (pp. 3-14). Springer, Cham.
Valantiejienė, D., Butkevičienė, J. and Šmakova, V., 2022. Dynamic capabilities in social
purpose organisation during critical event: Case study analysis. International Journal of
Disaster Risk Reduction, 78, p.103125.
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