MGT726, Semester 2: Managerial Problems in Alphapharm Presentation

Verified

Added on  2023/06/04

|52
|2735
|342
Presentation
AI Summary
This presentation analyzes the managerial problems faced by Alphapharm, a 30-year-old company, identifying key issues such as a lack of clear focus, ineffective teamwork, improper financial management, and inadequate business planning. The presentation includes a literature review focusing on human resource management and relevant theoretical frameworks like Maslow's Motivation Theory, Herzberg’s two-factor theory, and reward models. The research methodology employs a positivism philosophy with a deductive approach, using both primary and secondary data collection methods, including surveys and interviews. Results from surveys indicate employee dissatisfaction with HR management, while interviews with an HR manager offer insights into the company's strategies. The presentation highlights limitations such as the constrained questionnaire and offers recommendations, emphasizing the importance of employee motivation through incentives and bonuses to address the managerial problems within Alphapharm.
Document Page
Managerial Problems in Alphapharm Pty.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Presentation Outline
Introduction
Background
Management Problem
Summary of the Literature review
Summary of the research methodology
Presentation of results
Limitations
Directions for future research
Recommendations and implications
References
Document Page
Introduction
It is essential for a business organization
to have a human resource department
that will help in identification and
management of the goals and objectives
of the firm (Papadopoulou, Theotokis and
Hultman 2017)
The aim of this presentation is to identify
the problems that Alphaphram is facing.
Document Page
Introduction (Cont..)
A research has been undertaken in order
to identify the managerial problems
associated with a pharmacy Company
called Alphapharm
It has been observed that the absence of
lack of an accurate HR management
department, which is essential for easier
management of the business process
(Snell, Morris and Bohlander 2015).
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Background
The Company Alphapharm is a 30 years
old company that is serving the customers
with their faithful services over the years.
However, it is observed that the company
has been facing certain managerial
problems that are needed to be addressed
Document Page
Background
With the increase in the management
problems in the organization, it has been
observed that the problems, have started
affecting the normal operations of the
organization.
The managerial issues in the organization
might have a negative environment in the
organization and the workforce.
Document Page
Management Problem
The modification problems that has been
faced by Alphapharm Pty. Ltd are as follows-
Lack of clear focus on what to achieve
Lack of Effective team work
Improper Financial Management
Lack of Proper Business Planning
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Summary of Literature
In order to understand the reason behind
the organization experiencing the
managerial problems, an extensive
literature review has been undertaken.
The literature review further aims in
evaluating the process by which the
issues associated with Alphapharm Pty.
Ltd can be resolved.
Document Page
Summary of Literature
It has been observed that
Alphapharm Pty. Ltd has
been experiencing certain
Human Resource Issues.
Human Resource is a term
that is used for describing
the formal systems that is
dedicated for management
of the human capital in
the organization (Shafi,
Khemka and Roy
Choudhury 2016)
Document Page
Summary of Literature
The Human Resource Management of the
organization deals with the management of
the resources of the organization (Slatyer
et al., 2016).
The primary responsibility of the human
resource department of the organization is
to ensure that the human resources are
able to fulfil their key responsibilities
(Stoyanov 2017).
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Summary of Literature
The literature review undertaken
evaluates certain key theoretical
frameworks. The theoretical frameworks
helps in establishing the foundation of the
research.
Maslow’s Motivation Theory
This theory identifies the hierarchy of
needs and further illustrates the
importance of motivation in workplace
(Maslow 2013).
Document Page
Summary of Literature
Motivation is an important
aspect of human resource
management (Kaur 2013).
The other theoretical
frameworks that has been
considered in this research
includes Herzberg’s two-
factor theory, Vroom’s
expectancy theory, Locke
and Latham’s five goal-
setting principles and
The four-drive model
(Parijat and Bagga, 2014)
chevron_up_icon
1 out of 52
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]