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Assignment on Analysis about Management

   

Added on  2022-10-04

8 Pages1840 Words23 Views
Running head: MANAGEMENT
Management
Name of the Student
Name of the University
Author Note

1MANAGEMENT
Hi all
In this video, we will discuss about the various regulatory as well as economic conditions that
possess the potential to affect the Essendon Food Solutions (EFS). We have segregated out
discussion into four chief parts that includes internal perspective, external perspective, marketing
perspective, technology perspective and strategic leadership.
A. Internal perspective
In this portion, we will analyse the key internal factors that possess the potential to impose
impact on the innovative capacity of them mentioned organization. After going through the case
study it can be clearly understand that lack of the urge to keep up to date with the ever changing
market trends can be considered as one of chief issues that is hampering the innovative capacity
of EFS. While the company possess highly qualified and experienced employees, lack of current
market research and making strategies on the basis of the same is hindering their business.
The first perspective of the organization that is hampering it’s innovate company includes high
competition between the two subsidiaries EnzymeTech and Essendon Emulsifiers for resources.
Although, high competition between the two subsidiaries is imposing positive impact on the
profitability of the organization, currently, in future, it may result in conflict situation, drop of
production, inefficient operation, attrition of employees and eventual consumer situation.
Considering the fact that the organization follows a top down structure, crucial decisions like
project appraisal as well as selections only depends on the General Manager and the senior
executive team. This in turn is resulting in lack of employee empowerment in the organization

2MANAGEMENT
The second internal perspective that is hampering the business is that only aged and experienced
staffs posses the potential to work effectively in the R&D department. Lack of effective
communication skills and promotion on the basis of seniority may result in job dissatisfaction of
skilled junior employees which may result in attrition (Weberg et al. 2019).
In order to deal with the above mentioned issue, some effective recommendations have been
provided bellow:
The company needs to recruit or promote senior executives on the basis of their skills instead of
age. This will not only ensure fair job ethics but will also ensure even distribution of senior and
junior employees throughout the organization (Schoemaker et al. 2018).
The second step that needs to be taken by the organization includes incorporating both junior as
well as senior executives while making effective decision for the organization. This will not only
ensure empowerment of the employees but will also enhance their loyalty towards the
organization.
As a mother company, the EFS should stop making its subsidiaries fright for the resources.
Instead the company should invest on the resources of its subsidiaries. Enhancing the investment
cost will ensure enhancement in the quality of the products of the subsidiaries. This in turn will
not only enhance the reputation of the organization but will also enhance its consumer base and
revenue in the long run. The subsidiaries may opt to disruption (Yeh and Walter 2017).
Disruption can be defined as a process with fewer resources. Disruption can be defined as a
process that smaller organizations with fewer resources opt for to challenge established
incumbent businesses.

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