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Management People And Teams Assignment Report

   

Added on  2022-09-14

6 Pages1396 Words10 Views
Running head: MANAGEMENT, PEOPLE AND TEAMS
MANAGEMENT, PEOPLE AND TEAMS
Name of the student
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Author notes

1
MANAGEMENT, PEOPLE AND TEAMS
Executive Summary
This report is based on the current issues of CST and its solution in the future plan
implementation. The company is facing problems as the employee performance is
continuously falling down. The market share of the company is also going downwards for
last two years. There can be multiple reasons for all these issues, but most important
problems are related to the employee’s management. The employees of the company are
showing regular decline in their performance. The company works in the sector of
communication software and system development for the defence and emergency services
industry. Hence, the employees need to be updated about the most recent technological
advancements to compete with other players in the market. But this is not the case with CST
as its employees are also less competent to manage the current technological challenges.
Therefore, three main aspects has been highlighted in this report- ensuring the best strategies
to attract the talents and retaining employees, improving the work culture of the company
encouraging high performance team building, and finally working on the employee
performance and capabilities. This report has the detailed recommendations for the company
that is aligned by its future plans for next two years. While designing the recommendation
practical examples of the companies is been evaluated. The company mission and objectives
have given special preference for the planning. Hence, there is a high probability that the
recommendations would help the company to get back its lost calibre. Human resource
development can be an effective step for the company in coming years. The report has five
major parts- the report starts with an introduction to the whole report. The second part build
the background of the report. In the third part main discussions are been done and the next
part is the recommendations for the company. Lastly, the report ends with the conclusion that
sums up the findings in from the discussion.

2
MANAGEMENT, PEOPLE AND TEAMS
Background
The CST or ComSyst Technologies is a known name in communication software and
system developing industry. The company has successfully ventured their business in
international defence and emergency services in the countries like United States, Australia,
New Zealand, Philippines, South Korea and India. Recently, the company is facing issues in
its operations that is culminated in loss of several tenders and business deals. Last two years
have been quite challenging for the company as their market share has continuously declined.
The reasons of such declined is related to the low employee engagement, employee
performance. Low retention rate of the employees and lack of skills for recent technological
implementation.
These challenges in the company can have more far reaching impact on company
reputation and business profits. Therefore, these problems must be addressed properly in due
time. Most of the attention should be regulated around employees and their performances.
The company need to understand the core problems and sort those using specific and
effective strategies. The loss of employee engagements and huge gap in technological
expertise are the base reasons of this distress. Company objectives for next two years need to
be prioritised to solve the problems with CST.
Main discussion
Ensure strong Position of CST in Future by attracting and retaining the best talent
possible
Employees are the key assets for an organisation and they contribute in organisational
development and profit gaining. Therefore, the company must take their employee
management and retention on a serious note. The company is facing problems as their
employees are not performing as per the expectations. CST is a company that provides

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