Real World Business Problems .

   

Added on  2023-05-28

11 Pages3048 Words211 Views
Running head: REAL WORLD BUSINESS PROBLEMS
Real World Business Problems
Name of the Student
Name of the University
Author Note
Real World Business Problems             ._1
1REAL WORLD BUSINESS PROBLEMS
Introduction
Management Professionals often opt for the coveted profession of management
consulting which is a profession that provides help to organizations and individuals in designing
and building their internal infrastructure based on their quality of social, environmental and
economic stature. This profession had developed when the individuals or the organizations failed
to understand their worth in business market and or have invested in projects that were poorly
sought after and calculated wrong (Bronnenmayer, Wirtz & Göttel, 2016). There are various
reasons why the consulting services or management consulting professionals have been accepted
by the industry to provide their services. On the basis of two contradictory ideas the following
essay would produce the thematic analysis on the topic two find out the common theme between
the two contradictory ideas (Farja, Gimmon & Greenberg, 2018). Then the new and unstructured
external issues that impinge on the organizational performances would be identified and then the
evidenced argumentation based on the common themes would be presented. The essay would
then focus on the concerns and why managers and leaders should abide by the importance of
these concerns. The arguments would be directly drawn from these concerns followed by the
structured insights and reflections on the topic mentioned above.
Thematic Analysis
While performing qualitative researches, one of the most common forms of research is
the thematic analysis which focuses on the identification of patterns within a cluster of data. This
is required for any kind of research since these data sets form the important description of the
phenomenon, which in this case is the reason to find out the reason behind the acceptance of
management consultancies by different industries (Harris, Sorensen & Yaeger, 2018). Following
would be a presentation of the contradictory ideas that has been presented by two different
Real World Business Problems             ._2
2REAL WORLD BUSINESS PROBLEMS
individuals on the same prospect of the acceptance of the management consultancies in the
industry. Where one perspective is focusing on the how unethical and unnecessary is the use of
management consultancies and the other perspective represents the utility of the consulting firms
and the ways by which they have been shaping up different organizations and constructing the
careers of various individuals (Stanske, Tomenendal & Dörrenbächer, 2017). Thus, the next part
of the essay will focus on the organizational performances in the latest business world and would
identify the new and unstructured external issues that have been affecting negatively or
positively on the performances of various organizations.
New and unstructured external issues that impinge on organizational performance
There are various reasons that affect the organizational performance in many ways. These
factors may affect organizational performances in a positive way or a negative way. The social
and economic climate that the business world resides in right now is based upon various factors
affecting the performances of the organizations (Tams, Gustafsson & Chudzikowski, 2016). The
most essential factors that affect these performances of the organization would be described in
this part with the help of the external issues like political, social, economic and technological. It
is an irony that these factors have the ability to make an organization be at their topmost level of
services (Sturdy & O’Mahoney, 2018). In the same way these external characteristics of an
organization determine the relation of the organization to the external environment in a much
broader sense. It is possible that the external issues may include legal issues as well that has the
potential to affect the performance in an organization. The internal factors that affect the
organizational performances can enhance the external factors that impinge on the organizational
performance as well.
Evidenced argumentation
Real World Business Problems             ._3
3REAL WORLD BUSINESS PROBLEMS
There are many evidences that can be put forward in the form for this essay that would
established the fact that organizations often fall short of providing the services are the products
to the customers that they have promised (Mühlhaus, & Bouwmeester, 2016). Achieving
customer loyalty is the first and foremost priority for any organization.
This is why customer satisfaction and service quality are the leading zones of services
that an organization should look about. However this entirely depends upon the managers
making decisions and handling project within an organization. It is due to the factors of lack of
understanding in these managerial bodies about the market and the corresponding operational
issues within the organization that has caused the need of these consultancies to grow
(Greenwood et al., 2015). The consultancies help in identifying the gaps in the decision making
or the project management methodologies that the organization has been implementing without
for the knowledge about the market or the customer requirements.
For example, the organization of nestle had been utilizing various ingredients within their
products that were mostly used for the customers to consume. The organization could not make
out the toxicity of these ingredients that has been used within the consumer food products and
due to this the company has got in a lot of trouble regarding their products. This can be
recognized as the real world business problems with the evidence presented in the form of the
organization of nestle where they had fallen short of proper recognition of the item or ingredients
used in their products which could have been harmful for their customers when consumed.
Common themes on why managers and leaders should take note of these concerns
One of the major reasons that the companies are falling short of fulfilling the customer
satisfaction and providing service quality is the lack of understanding of the market and the
Real World Business Problems             ._4

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