This report analyzes the management problem faced by 7eleven and provides recommendations for long-term success. Findings include employee dissatisfaction and its impact on performance and brand image.
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Running head: MANAGEMENT PROBLEM MANAGEMENT PROBLEM Name of the Student Name of the University Author Note
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MANAGEMENT PROBLEM Executive Summary The organizations present in the business environment would be required to essentially ensure that they are successfully being able to manage their overall operations in the right manner. In regard to this, the different firms would be required to see to it that they deal with their problems on their own. The given report is based on the analysis of the 7eleven and the internal problem it has been facing. In regard to this, various initiatives have been recommended which would assist the firm in achieving long term success.
MANAGEMENT PROBLEM Table of Contents Introduction........................................................................................................................3 Identify a management problem........................................................................................3 About the firm.....................................................................................................................3 Research Questions..........................................................................................................3 Design a research program...............................................................................................4 Findings and Analysis........................................................................................................5 Findings..........................................................................................................................5 Analysis..............................................................................................................................6 Employee dissatisfaction...............................................................................................6 Impact of job dissatisfaction on the overall performance and brand image of the 7eleven...........................................................................................................................6 Conclusion.........................................................................................................................7 References.........................................................................................................................9
MANAGEMENT PROBLEM Introduction Managing an organization is not an easy task and any firm which is required to function in the international business environment is bound to face certain challenges whichwilltheninducethemtodeviseprocedureswhichwouldassistthemin overcoming these challenges as present in the business environment (Hassan, Wright and Yukl 2014). Hence, the focus of this report lies in identifying a management problem which is being faced by an organization and then conduct a secondary analysis based on which, the solution to the firm can be recommended. The company which has beenchosen fortheanalysis is the7-elevenstores (Hofmannetal.2014). The management problem which has been identified is the dissatisfaction of the employees due to the low pay which would lead to long term management issues and dealings with the different employees as well. Identify a management problem The problem which is primarily being faced by 7-eleven can be understood to be the underpayment of the employees which has an impact on the overall efficiency of the employees. This reduced efficiency not only has an impact on the productivity of the firm but also has an impact on the overall manner in which the firm is able to deal with the different customers who are present in an organization (Shockley-Zalabak 2014). Therefore, in regard to this, it can be rightfully mentioned that, the focus here through the recognition of the internal problems is to determine the impact of these internal problems on the overall efficiency of the business organization (Ciulla 2017). About the firm The 7-Eleven is a Japanese-American international chain of the convenience stores which are headquartered in Dallas in Texas. The chain was found as Tote`m Stores in 1927 and was renamed in 1946. The company was renamed back in 1946. The organization operates, licenses and franchises 68236 stores based in 17 countries asoftheyearJune2019(7-eleven.com2019).TheSevenElevenJapanis headquartered in Tokyo. The firm has its units all around the globe and is one of the most popular chain stores. Research Questions The research questions which have been designed for the study can be understood to be the follows: 1.What is the internal management problem which is being faced by the 7-eleven stores?
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MANAGEMENT PROBLEM 2.How does the internal management problem being faced by the firm affecting its relationship with the customers? 3.What recommendations can be given to the firm which would assist them in overcoming these problems? Design a research program The research program which will be adopted for the research can be identified as follows: Research TechniqueApplication to the Problem Research PhilosophyTheResearchPhilosophyisthesetof assumptions which are undertaken before carrying out the procedure of the research. The philosophy helps in defining the role of theresearcherandlimitsittothe interpretation and collection of the data. The research philosophy which has been adopted for the study can be stated to be theInterpretivist.TheInterpretivistisa branch of research philosophy which was focusedonthedifferencebetweenthe humans as social actors and examines the differentreasonswhythepeopleand employeestendtobehaveinacertain manner.The interpretation of the social roles in this scenario has been presented with assumed meanings. This research will examine the internal management problem which is being faced by 7-eleven using this philosophical approach. Research DesignThe research design can be described as the overall layout of the research which is conducted in order to find the solution to the management problem is the deductive approach. The deductive approach of the researchdesignassistsindeducing relevant information out of the data which is collected. In line of this, it assists in findingrelevantdatathroughthe secondarysourcesanddeducingthe useful information out of the research. Research ApproachThe research approach can be described as the perspective of the research which has been adopted. The research approach
MANAGEMENT PROBLEM whichhasbeenadoptedforthegiven research can be des descriptive approach. Using this descriptive approach, the details of the case of the management problem canbeidentifiedandcertain recommendationscanalsobeprovided regardingtheimprovementofthe management problem being faced by the organization (Noe et al. 2017). Research StrategyThe research strategy can be described as theoverallplanwhichhasbeenmade regardingtheresearch.Theresearch strategy which has been adopted for the study can be understood to be the case study approach whereby the data for the researchwillbecollectedusingthe secondary sources and in regard to this, the reason why the management problem takes place in the firm will be defined and scopeforimprovementand recommendations can be identified. Data analysis and collection techniqueThedatacollectiontechniquecanbe understood to be the manner in which the dataforaresearchcanbeidentified considerably. In regard to this, it has to be understoodthat,thefirmwouldbe required to undertake considerable steps toovercometheseissues(Easterby- Smith,Thorpe and Jackson 2015). The datacollectionmethodwhichhasbeen selectedbytheresearcheristhe secondary technique whereby the data will becollectedfromvarioussecondary sources. Additionally, the method of data analysis which has been adopted for the purpose of the study can be stated to be the qualitative analysis whereby the data which has been collected for the research will be analyzed critically and supported by various theories and models. Findings and Analysis Findings
MANAGEMENT PROBLEM Having conducted the research, the following findings can be understood to be presented: Thereexistcertainproblemsrelatedtotheunderpaymentofthedifferent employees. In regard to this, although the different employees are being made to work for long durations, they are being paid very less and this is leading to a high level of dissatisfaction amongst the employees. The dissatisfaction of the employees has various consequences for the overall welfare of the organization.The dissatisfaction of the employees may lead to lowered productivity for the firm (Men 2014). In addition to this, it may also relate to the overall relationships with the customers. The 7eleven is a popular store, however, the brand image of the organization needs to be maintained accordingly and considerable initiatives have to be undertaken in order to ensure that, these internal management issues do not have an impact on the overall welfare of the firm (7-eleven.com 2019). There have been cases where the operations of the firm are being affected due to poor customer service. The employees, who are highly dissatisfied with their work, have been performing poorly and this then leads to the poor operations and additionally, poor brand image of the organization in the long run. Analysis Employee dissatisfaction The employee dissatisfaction can be described as the scenario whereby the different employees are highly dissatisfied with their jobs at one point or the. This leads to leaving g the organization for better job opportunities or remaining in the same firm but with lower productivity (Goetsch and Davis 2014). The dissatisfied employees generally tend to have a negative impact on the firm and lack the motivation to do well. Additionally, the employees tend to perform poorly and possess negative attitudes which may then affect the overall productivity of the organization. In line with this, they affect the other employees, different departments and the relationship of the firm with the consumers as well (Hitt and Haynes 2018). Hence, the managers would be required to ensure that they are successfully able to manage this job dissatisfaction and are being able to produce the right solutions to make the unhappy employees to happy ones (Berg and Farbenblum 2017). In the case of the 7-eleven, it can be rightfully understood that, the main reason why the different employees are feeling dissatisfied in the organization may be contributed to the fact that they are being underpaid. These underpaid employees may be required to stretch their income for further dollars even for the basic needs.Moreover, these employees at 7 eleven often deal with stagnant wages and also tend to deal with the aspects like the health insurance and the rising cost of utilities and food. When the different employees are pressurized to work for lower wages then in such a scenario the dissatisfaction of the employees increase and this reflects on their workplace performance as well (7-eleven.com (2019).This has
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MANAGEMENT PROBLEM been the scenario for the 7 eleven which has been greatly affected by the limited pay to the employees and their dealings with the different customers who are present. Impact of job dissatisfaction on the overall performance and brand image of the 7eleven Thejobdissatisfactionisknowntohaveanegativeimpactontheoverall performance of the workplace and leads to the low morale among the various workers and this leads to a negative attitude. The overall impact of the low job satisfaction can be far reaching and this issue can act as a concern for all businesses. The different areas of work which will be impacted by the can be understood to be Job Stress (Clibborn and Wright 2018). This may lead to higher job stress within the 7 eleven and the employees might be affected to a great extent as they may dwell under the feeling that they are underpaid. Moreover, the high employee turnover rates can also be affectedfromunderpaidemployeesastheseemployeesmaylookoutforbetter opportunities and leave the organization which may lead to a loss on the side of the firm (7-eleven.com 2019).Additionally, the overall productivity of the organization may also be affected due to the lower paid employees. This is because, the different employees at 7 eleven may feel that they are being paid less and therefore, they may not put in the adequate effort into the workplace. This then affects their overall job performance and may lead to dissatisfaction on the side of the customers which will also affect the operations of the organization and thereby reduce the overall revenue of the firm. This can lead to lowered profits for the firm and thereby disrupt the correct level of customer retention (Barends and Rousseau 2018). The customers may only remain connected with the firm if they are able to gain adequate attention. However, in scenarios where they are not being provided with adequate facilities, they may not be willing to remain associated with the firm and this may then lead to a higher level of dissatisfaction in the firm (Macdonald, Bentham and Malone 2018). Conclusion Therefore, from the given analysis it can be rightfully mentioned that if the firm wants toensuresuccessinthelongrunitwouldberequiredtoresolveitsinternal management problems faster so that it does not turnout to have an impact on the overall customer relation s with the firm. Therefore, this section will provide certain recommendations based on which the performance of the firm can be improved. 1.Conducting a payment analysis Under this, the firm would be essentially required to ensure that the firm is being successfully able to manage the employees in the right manner and be able to match the job role with the standard industrial pay so as to see to it that the firm employees are being able to receive the right pay. 2.Providing recognize and reward
MANAGEMENT PROBLEM In this scenario, the recognize and reward program can be taken up by the 7 eleven which would assist them in ensuring that they are successfully able to manage the different employees and that they are being able to reward the efforts of the individuals (Barends and Rousseau 2018). 3.The firm would also be required to ensure that it is being able to maintain clarity in the overall communication procedure and is being able to remain transparent in its operations so that the management problem can be resolved easily (Ahern, Leavy and Byrne 2014). 4.Additionally, the different employees need to undergo certain training programs which would assist the different employees to learn the manner in which they can strengthen the relationship with the different customers and build the image of the firm.
MANAGEMENT PROBLEM References 7-eleven.com(2019).AboutUs-7-ElevenCorporate.[online]Corp.7-eleven.com. Available at: https://corp.7-eleven.com/corp/about [Accessed 13 Sep. 2019]. Ahern, T., Leavy, B. and Byrne, P.J., 2014. Complex project management as complex problemsolving:Adistributedknowledgemanagementperspective.International Journal of Project Management,32(8), pp.1371-1381. Barends, E. and Rousseau, D.M., 2018.Evidence-based management: How to use evidence to make better organizational decisions. Kogan Page Publishers. Berg,L.andFarbenblum,B.,2017.Remediesformigrantworkerexploitationin Australia: Lessons from the 7-eleven wage repayment program.Melb. UL Rev.,41, p.1035. Ciulla, J.B., 2017. Trust and the future of leadership.The Blackwell guide to business ethics, pp.334-351. Clibborn, S. and Wright, C.F., 2018. Employer theft of temporary migrant workers’ wages in Australia: Why has the state failed to act?.The Economic and Labour Relations Review,29(2), pp.207-227. Easterby-Smith, M., Thorpe, R. and Jackson, P.R., 2015.Management and business research. Sage. Goetsch, D.L. and Davis, S., 2014.Quality management for organizational excellence: Introduction to total quality. Hassan,S.,Wright,B.E.andYukl,G.,2014.Doesethicalleadershipmatterin government? Effects on organizational commitment, absenteeism, and willingness to report ethical problems.Public Administration Review,74(3), pp.333-343. Hitt, M. and Haynes, K.T., 2018. CEO overpayment and underpayment: executives, governanceandinstitutions.Management Research: Journalof theIberoamerican Academy of Management,16(1), pp.38-46. Hofmann, H., Busse, C., Bode, C. and Henke, M., 2014. Sustainability‐related supply chainrisks:Conceptualizationandmanagement.BusinessStrategyandthe Environment,23(3), pp.160-172. Macdonald, F., Bentham, E. and Malone, J., 2018. Wage theft, underpayment and unpaid work in marketised social care.The Economic and Labour Relations Review, 29(1), pp.80-96. Men,L.R.,2014.Strategicinternalcommunication:Transformationalleadership, communicationchannels,andemployeesatisfaction.ManagementCommunication Quarterly,28(2), pp.264-284.
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MANAGEMENT PROBLEM Noe, R.A., Hollenbeck, J.R., Gerhart, B. and Wright, P.M., 2017.Human resource management: Gaining a competitive advantage. New York, NY: McGraw-Hill Education. Shockley-Zalabak, P., 2014.Fundamentals of organizational communication. Upper Saddle River, NJ: Pearson.