Integrated Business Management Simulation - Desklib
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This presentation provides an analysis of the vision, values, and direction of an organization, industry analysis, analysis of capabilities, performance results, diagnosis of performance, diagnosis of one critical incident, future plans, and conclusion. It is helpful for students studying business management.
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INTEGRATED BUSINESS MANAGEMENT SIMULATION
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TABLE OF CONTENTS INTRODUCTION VISION, VALUES AND DIRECTION INDUSTRY ANALYSIS ANALYSIS OF CAPABILITIES PERFORMANCE RESULTS DIAGNOSIS OF PERFORMANCE DIAGNOSIS OF ONE CRITICAL INCIDENT FUTURE PLANS CONCLUSION
INTRODUCTION Integrated business management is concerned with having the significant system that enables the company to ensure the strategic business decision. In the current era, having the effective strategic business management is important in turn attaining the objective of getting information to implement relevant strategy can become possible. The current study is based on h that is concerned with having the significant simulation in turn attaining the reliable information for making the appropriate application of the strategy can become possible. The current study iswill pay attention on providing the information regarding vision, values and direction so that depth understanding of its overall strategy can be obtained.
VISION, VALUES AND DIRECTION Vision The vision of the organization is that having the ability to deliver the excellence and develop industry by paying attention on having leading innovation to create safe, incomparable flying experience to customer. The vision of the company to be the leading position in the airline industry. Mission The mission of the company is to offer the good quality service by understanding the needs of the customers in turn greater revenue generation for the purpose of higher profitability. Values The core value that are basically focused by the firm involves offering the higher level of transparency and integrity so that significant processing via having relevant functioning so that success for the organization can be achieved.
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CONTINUE.. Sustainability: It is one of the crucial objective which is basically focused by the firm in respect to ensure that higher level of ability to coordinate with the changing requirements can be done. Corporatesocialresponsibilitiesisaccomplishedbyensuringthatitsstakeholdersaregetting appropriate insights about its processing Overall strategy The specified organization is related with having the competitive edge by building on its services quality. This strategy is helpful in attaining the greater effective resource utilization so that meeting the goal of higher profitability & sustainability with good brand image can become possible.
INDUSTRY ANALYSIS PORTERS FIVE FORCES It is the one of the significant technique is the process that is helpful in evaluating the crucial factors that has the impact on the working of the firm PORTERS FIVE FORCES Competitive rivalry Suppliers power Buyers power Threat of substitution Threat of new entry
ANALYSATION OF COMPANY'S INTERNAL CAPABILITIES Fortheanalyzationoftheinternalcapabilitiesofthisorganizationthefollowing functional areas can be used, HR Accounting Operations Finance Marketing
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PERFORMANCE RESULTS There is different type of the firm which are operating in the Arline sector such as Skyline, Horizon, High Spirit, Cygnet, Breezy, Implendio and Green finch airline. The performance of the organizations can be compared on the basis of the stock prices, reliability, quality and net profitability. The performance of the organizations are gathered for the total 8 quarters that tend to depict the overall outcomes so that higher effective information can be derived.
CONTINUE.. It isone of the significant indicator for the evaluation of the organizational performance. It is basically concerned with how effectively the firm is performing in the terms of share price of the company so that its position in the market can be ascertained. In the beginning all the mentioned firm are possessing the price of 20 which has inclined or declined through the eight quarters. From the comparison of the performance of h company for the 8 quarters that is showing the declination of results. This is presenting that firm is having the lower performance in the end as compared to the start.
CONTINUE.. From the above information, it is articulated that net profitability which is reducing as compared to the previous period. Net profitability is helpful is the assessing how effectively the firm is generating profitability. From the comparison with the other companies it can be specified that net profitability is going in negative in the quarter 8 as compared to the previous a period and other organizations which is showing ineffectiveness.
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CONTINUE.. From the evaluation of the given information regarding the quality that is considered to be crucial factor that tend to offer the understanding about its efforts to make customer satisfied. From the provided information it can be specified that h company is performing ineffectively due to the prevailing information. In the current era, airline sector is possessing the different types barriers to the prevailing complications which is required to be improved in turn accomplishing the overall objective of business can become possible.
DIAGNOSIS OF PERFORMANCE The overall performance of the company is ineffective as there is declination trend is found in its variousperformance indicators such as net profitability quality, reliability and stock price. There is inability to achieve objectives of sustainability due to improper prevailing support from internal management and external environment. The main reason behind the improvement is to get the greater level of emphasis on gaining competitiveness to uplift its performance in turn organizational objective such as greater profitability, higher customer satisfaction can become possible.
DIAGNOSIS OF ONE CRITICAL INCIDENT The selected critical incident is Competitor Safety Problem (CSP) as it is one of the larger factor affecting overall performance of firm. Safety is the major aspects which tend to be emphasized by the targeted audience and helps in meeting the overall growth & development to get the strong position in industry. This can taken into process for improvement of gaining competitive edge in turn overcoming competition prevailing in market by maintaining quality & reliability can become possible. The process of market evaluation is taken and undersigning regarding its benefits such as higher customer trust, etc. has bene explained to team to get success.
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FUTURE PLANS TQMforincreasing quality Having cost leadership for reducingexpensefor profitability Forreliabilitygiving assurance of safety Having effective financial stabilityforincreasing stock prices
CONCLUSION From this report it can be concluded that the performance of the assessment is considered to be the H has been the most efficient in the all the simulation. Inthisprojectthevisionvaluesanddirectionhasbeengiventothe assessment which was able to highlight the adequacy of the factors which drive the firms decision making. This project has also analyzed the capabilities of the organization which was able to provide the key factors that can help the business to grow.
REFERENCES Hu, Y. and Han, Y., 2019. Identification of urban functional areas based on POI data: A case study of the Guangzhou economic and technological development zone. Sustainability. 11(5). p.1385. Joyce, S., and et.al., 2018. Road to resilience: a systematic review and meta-analysis of resilience training programmes and interventions. BMJ open. 8(6). p.e017858. Xia, H., and et.al., 2020. Assessment on China's urbanization after the implementation of main functional areas planning. Journal of Environmental Management. 264. p.110381. Zhou, L., and et.al., 2019. Characteristics and health risk assessment of heavy metals in indoor dust from different functional areas in Hefei, China. Environmental Pollution. 251. pp.839-849.