This essay analyses the factors affecting Heytsbury Holdings Limited, including people management, organizational structure, marketing, and financial management.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Running head:HEYTSBURY HOLDINGS LIMITED – A CASE STUDY HEYTSBURY HOLDINGS LIMITED – A CASE STUDY Name of the Student Name of the University Author Note
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
1HEYTSBURY HOLDINGS LIMITED – A CASE STUDY An organization might be defined as the various groups of individuals who might be performing in collaboration with the other fellow members of the workforce of the organization. The major objective of these groups of people is the attainment of the set goal of providing the concerned clients of the company with the numerous products well as the services that the concerned company might have been providing to the concerned clientele as well as the other potential customers of the company all over the territorial area wherein the company might be operating and at times even beyond those boundaries(Argyris 2017). The major focus of the concerned organizations should lie on the four major areas in order to display a greater efficiency in the matters that are relevant in the concerned market wherein the company has been featuring. Thesefactorsmightincludethevariouselementsliketheorganizationalstructure,the management of the members of the workforce of the organization, the marketing activities that are undertaken by the concerned organization and the various financial factors that might have been affecting the organization. The following essay attempts to analyse the numerous factors that might have been affecting the various factors that pertain to the analysis as well as the investigation of the concerned practices that are undertaken in the fields related to the marketing and the financial matters by the concerned organization in discussion, Heytsbury Holdings Limited or the HHL. The author aims to analyse as well as discuss the various factors that are related to the interdependenciesthatmighthavebeenexistinginthemattersthatpertaintothecore functionalities of the concerned organization in discussion, Heytsbury Holdings Limited or the HHLandproceedsfurthertodiscussthemattersthatpertaintotheinfluencesofthe interdependence of the concerned elements of the process of decision-making within the organization.
2HEYTSBURY HOLDINGS LIMITED – A CASE STUDY People Management and Organizational Structure The organizational structure might refer to the several conditions that might help in the matters that pertain to the several matters that pertain to the matters that deal with the description ofthevarioushierarchiesthathavebeenpresentwithinthegivenorganization.The organizational structure might further deal with the matters that pertain to identifying and recognizingthe variousjob profilesthatmight have been existentwithin the concerned organization(Bovee and Thill 2015). The discussion of the organizational structure might also be taking into consideration the functions and the various objectives that are accomplished by all the various job profiles that exist within the concerned organization. the structure of the organization might also take into account the matters that pertain to the higher levels within the hierarchy of the organization wherein the concerned lower-level employees are advised to report(Bovee and Thill 2013). The organizational structure also takes into account the matters that pertain to the accomplishment of the tasks that have been allocated to the concerned employees as well as the various processes that need to be followed in order to accomplish the concerned tasks. The people management within an organization might refer to the factors that are related to the factors that pertain to the human resources within the organization. The various employees of the organization might be termed to be the human resources of the concerned organization. The management of the various workforce members within the organization might deal with the various factors that pertain to the addressal of the issues that are related to the factors that pertain to the overall performance of the company in the various field wherein it might be attached (Alagaraja, Cumberland and Choi 2015). The company might require to focus on the matters that pertain to the improvement in the quality of the products that are manufactured by the concerned
3HEYTSBURY HOLDINGS LIMITED – A CASE STUDY company. These might include the various factors that are related to the engagement of the concerned employees of the concern. The greater engagement of the concerned employees within an organizationmight helpin the improvementof the concernedorganizationin discussion, Heytsbury Holdings Limited or the HHL. This might in turn help the concerned organization to deal with the various factors that are related to the increment of the competitive advantage of the concerned organization in discussion, Heytsbury Holdings Limited or the HHL. The workforce strength of the concerned company in discussion, Heytsbury Holdings Limited or the HHL, comprises of almost 14470 members according to the given case study. The company is known to have been serving at various locations all over the world inclusive of the countries of New Zealand, several countries within the European Union and Australia. The company owns about 41 stores at the different locations within the concerned areas. The other stores that are active under the banner of the Heytsbury Holdings Limited or the HHL are actually owned by the various franchisee organizations that have been associated with the concerned organization. Marketing The marketing activities within an organization might refer to the various practices, the various sets of organizations and the various processes that are related to the creation, the communication, the delivery and the exchange of the various offerings that are made by the concerned organization. The activities that are related to the marketing activities might be holding values for all the stakeholders of the organization, both the internal stakeholders comprising of the lower level employees of the organization and the board of directors of the organization and the external stakeholders of the organization comprising of the suppliers of the organization, the clients of the organization, the investors of the organization(Bovee and Thill
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
4HEYTSBURY HOLDINGS LIMITED – A CASE STUDY 2013). The marketing activities of the organization might also relate to the factors that pertain to the partners of the organization and the environment wherein the concerned organization might have been operating as well as the other factors that pertain to the society, at the global levels. The company in discussion, Heytsbury Holdings Limited or the HHL tends to depict the proper implementation of the several practices related to the marketing matters that are evident in the marketing activities of the present era. The organization is known to have taken into consideration the various factors that are related to both the long-term as well as the short-term objectives that have been set by the management of the Heytsbury Holdings Limited or the HHL. The marketing activities of the concerned organization might also take into consideration the various factors that are related to the client needs and the client wants as well as the various other demands of the concerned clientele of the organization(Bovee and Thill 2013). The concerned organization in discussion, Heytsbury Holdings Limited or the HHL has been observed to have been implementing the application of the marketing concept over the application of the product concept. Bovée and Thill (2015), opines that the concept of the relationship marketing might be discussed to be one of the most important features. The relationship marketing concept tends to enable the company to depict a progress within the growth of the company thereby leading to the conditions wherein the company aims to maintain the long-term relationships with the concerned clientele of the organization, thereby leading to the development of the loyalty as depicted by the concerned clientele of the organization. This might help in the retention of the concerned clientele of the organisation(Bovee and Thill 2013). The performance of the organisation in discussion, Heytsbury Holdings Limited or the HHL might receive a boost with the proper management of the relationship that is maintained by the concerned clientele of the organisation. This might result from the fact that the concerned company has been planning of the expanding
5HEYTSBURY HOLDINGS LIMITED – A CASE STUDY the franchising model within the concerned territorial boundaries of Europe as well as New Zealand. This might help the company to serve the clients in a better manner by introducing the various products as have been put forth by the concerned clientele that the organisation has been looking forward to serve. Financial Management The requirement for the balance within the long-term as well as the short-term funding of the company as opined by Bovée and Thill (2015), is an essential factor for the various organisations that have been functioning within the concerned global market. This balance within the organisation is not dependent on the matters that pertain to the size of the organisation or the form of the ownership of the organisation. The proper utilization and the optimized allocation of the funds might be assured by implementing the various financial practices that have been efficient as well as effective in the matters that pertain to the factors that deal with the finances within the organisation. The flexibility as well as the leverage within the organisation might need to have a balanced relationship with the prospective rewards and the risks within the organisation so as to help the concerned management undertake the various informed decisions. The financial management, as opined by Bovée and Thill (2015), refers to the management of theinflowandtheexpenditureofthefundsthathavebeenallocatedtotheconcerned organisation. The financial planning might be considered to be affected by the financial forecasts within the organisation. The forecasts in the concerned financial matters of the organisation might deal with the factors that are related to the data, the judgements and the relationships that might exist within the concerned organisation(Finkleret al. 2016). However, there might occur discrepancies among the predicted scenarios and the actual scenario that have been faced by the
6HEYTSBURY HOLDINGS LIMITED – A CASE STUDY concerned organisation due to the fact that the business organisation has not been static in the executionoftheconcernedprocessesrelatedtothefinancialoperationsthathavebeen undertaken by the concerned organisation(Karadag 2015). The funds that are required for the further expansion of the concerned organisation might be collected from the franchising of the various stores of the organisation in discussion, the Heytsbury Holdings Limited or the HHL. The experts in the matter suggest that the financial reports that need to be disclosed by the company tend to follow the various ethical standards of the rules and the regulations as set by the Generally Accepted Accounting Principles or the GAAP. Thus, from the above discussion it might be pointed out that the company in discussion, the Heytsbury Holdings Limited or the HHL, have successfully depicted the arrangement of the four different factors including the various elements like the organizational structure, the management of the members of the workforce of the organization, the marketing activities that are undertaken by the concerned organization and the various financial factors that might have been affecting the organization. The concerned organisation reveals the capability of the accomplishment and the alignment of the organisational activities considering the several long- term and the short-term goals of the organisation in discussion.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
7HEYTSBURY HOLDINGS LIMITED – A CASE STUDY References Alagaraja, M., Cumberland, D.M. and Choi, N., 2015. The mediating role of leadership and peoplemanagementpracticesonHRDandorganizationalperformance.HumanResource Development International,18(3), pp.220-234. Argyris, C., 2017.Integrating the Individual and the Organization. Routledge. Bovee, C and Thill, J 2015,Business in Action,7th edn, Pearson Education, New York, USA. Bovee, C. and Thill, J. 2013 ‘Chapter 11 ‘Human Resources Management’ inBusiness in Action, Pearson, New York. Bovee, C. and Thill, J. 2013 ‘Chapter 13 ‘The Art and Science of Marketing’ inBusiness in Action, Pearson, New York. Bovee, C. and Thill, J. 2013 ‘Chapter 16 ‘Customer Communication’ inBusiness in Action, Pearson, New York Finkler, S.A., Smith, D.L., Calabrese, T.D. and Purtell, R.M., 2016.Financial management for public, health, and not-for-profit organizations. CQ Press. Karadag, H., 2015. Financial management challenges in small and medium-sized enterprises: A strategic management approach.EMAJ: Emerging Markets Journal,5(1), pp.26-40.