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Property Millionaire Case Study Analysis

Prepare a risk assessment report on Property Millionaires, addressing pressure points due to growth, culture, and information management.

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Added on  2022-11-17

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This report analyzes the case study of Property Millionaire to identify the key challenges faced by the company. Desklib provides access to solved assignments, essays, dissertations and more.

Property Millionaire Case Study Analysis

Prepare a risk assessment report on Property Millionaires, addressing pressure points due to growth, culture, and information management.

   Added on 2022-11-17

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Running Head: PROPERTY MILLIONAIRES
0
Student Name:
Student University:
Property Millionaire Case Study Analysis_1
1
I. INTRODUCTION
This report will focus on analyse the case study of “Property Millionaire”
to find the key challenges or problems that are faced by the company
along with its management due to the current policies implemented by
the enterprise. The enterprise offers regular people various “real estate
investment sessions” and “mentoring services”. Founded by “George
Kirzner” around three years ago, it has established its operations in
“Adelaide, Brisbane, Sydney, and Melbourne” with 100 employees. It is
medium in size but it believes in providing real-estate education to those
who are in need to ensure that they are able to achieve their goals. Its
operations allowed it to expand its operations rapidly in several locations
while also ensuring that its profitability remain stable during this period
of time. In this evaluation, the “risk exposure calculator” is used for
multiple challenges to be scored faced by the company founded by R.
Simons (Simons, 1999). The score given on the calculator is based on a
“scale of 1 to 5” on which different parameters will be measures along
with evaluation of the overall objectives of the company in terms of
reporting of issues. These challenges are necessary to be addressed to
make sure that the company is able to sustain its growth in the market by
correctly analysing relevant data. Lastly, a number of suggestions will be
given to the enterprise in order to make sure that it is able to tackle its
key challenges by removing inconsistencies from its current business
practices.
Property Millionaire Case Study Analysis_2
2
II. RISKS DUE TO GROWTH
The factors affecting the operations of companies are analysed for
growth results to make sure that corporations are able to stay relevant
even in adverse market conditions. It is important that companies
evaluate multiple factors to regulate their overall growth impact while
also minimising the employees’ pressure (Love & Roper, 2015).
Nowadays, companies that are well established with high competitive
business face substantial pressure to perform their operations which
result in putting immense pressure on their employees to achieve their
targets which are fixed by the company within a specific period of time
(Visser & Scheers, 2018). The targets and aims decided by the
management for sustaining the market growth for employees focus on
setting expectations which lead to increasing the pressure faced by the
workers that negative effect their performance (Batkovskiy, et al., 2015).
Organisations operate by sustaining growth through market expansion
and creating a competitive advantage. Moreover, there will be both
negative and positive implications present while increasing the revenue
streams of companies as strategized and employees’ sustainability
imposed by the time load and keeping with changes (Kung & Schmid,
2015). Companies try to meet the targets whereas employees are
lowering the work timing and reducing the quality of results delivery. It
is not easy to sustain the expansion rate and growth in the market where
employees can work when they are trained and skilled (Bianchi, et al.,
2019). Employees being experienced and qualified are required by
companies to make sure about activeness for meeting the change in
needs of differing concerning the market.
EXPANSION RATE
As mentioned by George, “Property Millionaire” does not hire a new
workforce as per its growth of operation to reach the requirements by its
Property Millionaire Case Study Analysis_3
3
strategy of expansion. The companies started to compete to achieve
commission and expensive gifts for each other due to which the
employees have the workload increment. The company scored “5 out of 5
points”.
PRESSURE OF PERFORMANCE
The company faces issues of work pressure on employees as per the aims
decided by the management without consulting it from the employees
that leads to an increase in the workload for them. It was a big issue
according to George where employees need to deliver “strong financial
performance” continuously for what they are accountable for. The targets
decided were high where the deadline was limited for achievement due
to which the difficulties faced by the employees were that they were not
able to release their requirements. The hiring and investing in the new
workforce was the issue faced by the company as well including the
operations expansion and spoiling the living of the employees as per the
working. The company has scored “4 out of 5 points”.
INEXPERIENCE OF WORKFORCE
According to the perception of George, the main issue of the company
was to work on hiring the new workforce with skills and experience as
needed. The clients were dependent on the consultants who make sure to
bring them in the company for the customers and management concerns
not to affect unfavourably due to the continuous services of the company
and not the hiring workforce. Therefore, the company scored “5 out of 5
points”.
III. RISKS DUE TO ORGANIZATIONAL CULTURE
Organisations’ operations are affected by the cultural aspects essential
for management concerned about achieving high results. The estimation
of risks in the market deals with staying of companies due to
Property Millionaire Case Study Analysis_4

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