Report on Business Health Check
13 Pages3780 Words161 Views
Added on 2020-12-09
Report on Business Health Check
Added on 2020-12-09
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Business Health Check
Table of ContentsINTRODUCTION...........................................................................................................................1LO1..................................................................................................................................................1AC 1.1 Analysing the objectives of the business........................................................................1AC1.2, M1 & D1 Factors that impact the business.....................................................................2AC1.3 Potential improvements to the business organisation and/or operation..........................4LO2..................................................................................................................................................5AC2.1 Effectiveness of the business...........................................................................................5AC2.2 Plans to improve business................................................................................................7LO3..................................................................................................................................................7AC3.1 Current skills of management and staff...........................................................................7AC 3.2 plans for development of skills for management and staff............................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONThe business is very important part of organization to understand the need orrequirement of customer and make sure that they plan a new strategy to met all the need ofclient. Th organization is always analysis the whole business process and performance ofemployee in different areas. For, Development, it is required for each and every organization toexpanding their business in all over the world. This report is mainly determines the essentialstages that are needed for development. Claridges hotel is leading brand that has promotingtheir services and facilities effectively and efficiently. They are mainly focused to provide the best services and high quality of work to theircustomer. This report will cover all the important factors that would affect the business processand their operations. It will improve their business strategies and planning to make an effectivebusiness environment. This planning and strategies is very helpful for expanding the business inother countries as well as city.LO1AC 1.1 Analysing the objectives of the businessClaridge's Hotel is very popular in London and it is established in 1812. This hotel ismainly famous for richness, royalty, nobility and world leaders. The name of hotel is based onthe symbol of style and their effective personal quality. They provide the world class services totheir customer. This hotel is totally for upper class person provide the luxury services. Thestructure of hotel is beautiful and well design in proper ways. The interior area is very beautifuldesign and furnished, maintained. There are maximum 8000 location which established theirbusiness in all over the world. They have an effective staff to understand the requirement ofpeople and giving the best services to their client. At that time, there are many competitors inmarket to expanding their business in all around the world (Shah and Sapkota, 2017). This hotelis try to marinating their facilities and services. The main objective of this hotel to solve the problem of customer and issues because inmost of the cases, some clients are not satisfied with their facilities. This is main advantages ofeach and every organization. Some times, it causes the positive impact on the customers. Timeto time, the hotel can change their style and services because most of the customers wants a newand trendy facilities. They demand very high class services so that it is very helpful for business1
to provide an effective service. This organization is fix some criteria and targets for businessprocess to meet all the criteria in effectively.There are some effective objectives that would be fix by Claridge's are:It raises the price of services by 20% at the end of year.They provide an effective training and development services to their employee so that itwill enhance their business capabilities and performance.In this way, if the criteria is match so that it will increase the profitability and productivity inmarketplace. This is the important part of organization generating high revenue in marketplace.AC1.2, M1 & D1 Factors that impact the businessThere are various type of tools that is very helpful for analysis the whole businessinternal and external factor of organization. They use SWOT analysis to identifying theirstrength and weakness of Claridges. StrengthWeaknessesIt is top most organization in the world.They expand their business in all overthe world.They have strong financial position inmarketplace because of high demands.They provide an effective quality ofservices to their regular customer andthen new client are also connectedbecause of their high quality offacilities.Some times, the financial conditions isnot good due to less customerinteraction, high interest rate, price ofservices is very high so that middlelevel peoples can not be affords thisluxury services.They facing many issues relatedinfrastructure and design. OpportunitiesThey are trying to expand theirbusiness in all over the working. They use different marketing strategiesand planning to promoting theirservices in marketplace in veryeffectively.They are try to innovate a new idea thatThreatsThe main important threat oforganization is level of competition. Itincreases in day by day. In marketplace, there are many smallorganization establish their business inall over the world in which it willincrease their branches in other2
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