Management Structure, Marketing and Functions of Human Resource in Morgan Sindall Group

Introduction to
Management
Bsc Hons Construction Management
Introduction to Management
Student Name: Viorel Ionut Paladoiu
Student ID: 2127694
Group: C2
Name of Lecturer: Mehran Barani Shikhrobat
Date: 30.05.2022
Contents

Contents...........................................................................................................................................2
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
Background of the company........................................................................................................1
Management structure of the company........................................................................................3
4Ps of Marketing Mix..................................................................................................................5
Overview of HR Functions..........................................................................................................6
CONCLUSION................................................................................................................................8
REFERENCES..............................................................................................................................10

INTRODUCTION
Management is said to attaining business goals effectively and efficiently with the help of
planning, organising, staffing, directing as well as controlling resources of company. It is
coordination addition to administration of practices for achieving goals of an establishment.
Business is an establishment that performs for maximising profits for all its stakeholders as well
as maintaining corporate responsibility towards society (Edelson, Senk and Stock, 2018). There
are managerial functions that aids in attaining group goals through arranging production factors,
integrating resources effectively and directing groups for realising pre-determined goals. In a
company, human resources are in charge of attracting pool of applicants, arranging interviews,
coordinating hiring practices, onboarding people and retention. In a business concern,
management is required so to coordinate practices and ensure that all human resources are
working collaboratively towards attaining determined goals. Organisational management is
required for coordinating operations of business along with ensure that all workforce
collaboratively work for reaching great success. The purpose of the essay is to gain insights
about management structure, marketing and functions of human resource. The thesis statement
for the essay is “Management structure, marketing and functions of human resource are essential
for an organisation”. For the essay, Morgan Sindall Group is taken into consideration which is
popular Construction and Regeneration group that provide services in infrastructure, property
services, construction, urban regeneration, fit out and partnership housing. It works for creating
inspiring places which enhance communities wherein all people live, learn, play, protect, care
and work.
The essay highlights description of the company and outline management structure. Further,
it includes marketing along with role in the organisation and human resource functions of the
business.
MAIN BODY
Background of the company
Morgan Sindall Group operates in Construction and Civil Engineering Industry having
headquarters established at London, UK. It works with the strategy of pursuing organic growth
through emphasising towards well established core strengths associated to construction together
with regeneration in United Kingdom. The vision statement of Morgan Sindall Group is to
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become most sought after addition to sustainable establishment in the sector. Its key values are
customers comes first, it operates in decentralised philosophy, challenging status quo, talents are
key for success and consistent achievement are key for future. It was founded by Jack Lovell
along with John Morgan with approximate of £1,000 from joint saving in the year 1977 (Morgan
Sindall Group, 2022). It is geared for demand in UK for affordable housing, investment in
commercial addition to social infrastructure and regeneration of cities together with towns.
Morgan Sindall Group carries out major projects related to infrastructure, engineering
and design, interior fit out as well as refurbishment, new building construction for public
addition to commercial stores. The company is specialised in providing repairs as well as
maintenance for wider public sector and social housing. In the year 2021, Morgan Sindall Group
achieved revenues of £ 3,212.8 million, net income of £ 97.9 million and operating income of £
129.8 million. Its construction services are offered in the field of education, commercial, retail,
defence, healthcare, industrial and leisure.
Morgan Sindall Group is type of Public Limited Company whose ownership is organised
through shares of stock intended to be freely trades on over the counter as well as stock exchange
markets. The organisation has limited liability together with offers shares to general public. With
this kind of business, Morgan Sindall Group has potential for raising share capital and sell its
shares to public. It gives opportunity to the company for spreading risk of ownership among
wider number of shareholders. The company working as public limited company finds itself in
better position at the time looking towards other potential financial sources (Duarte, Cabrita and
Cruz-Machado, 2019). Banking and other categories of financial institutions are more willing for
extension of finance such type of business that allows the organisation to be in better position for
the purpose of negotiating favourable rates of interest and repayment loan terms. However,
working a Public Limited Company control organisational ownership as there are potential for
shareholders to take over as well as reject authorities from business. For the business type, for
example, Morgan Sindall Group, it is must to consider wills and rights of shareholders or face
backlash together with declining value of shares. It reflects that the company is subject to
shareholders’ demands that results in forcing a change in direction or emphasis towards short
term profitability over gains in long term period.
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