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Report on The Phoenix Performance

Added on - 05 Feb 2020

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Small BusinessOrganization
TABLE OF CONTENTSINTRODUCTION..........................................................................................................................3TASK 1............................................................................................................................................31.1 Create profile of Tpp and also identifying its various strength and weakness......................31.2 Carry out the study in which measure the comparative performance...................................4TASK 2............................................................................................................................................42.1 Appropriate action to overcome the weakness......................................................................42.2 Analyses various way in which Tpp can maintain strengthened in the market trend...........52.3 Various scope in which Tpp can expand its business...........................................................6TASK 3............................................................................................................................................63.1 Produce an assessment of existing business objectives and plans........................................63.2 Revised business plan to incorporate changes......................................................................73.3 Action plan to implementation various changes...................................................................8TASK 4............................................................................................................................................94.1 Impact of proposed changes on the business and its personnel............................................94.2 Change management in the business....................................................................................94.3 Monitoring improvements in the performance...................................................................10CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12
INTRODUCTIONIn small business, number of employees and its annual sale is not high. Mostly, all theseorganisations have their own representatives owner who decision regarding business and takeinitiative towards the growth. Small enterprise assists in forecasting local economic in whichthese entities provide various jobs to the individual. These private company not depending onany other because they do not dominate with any other so that they may not have big source offinance. The present report is based on The Phoenix Partnership which is software organizationthat produces clinical software for the medical stores. This report will discuss various strengthand weakness so that consultant can measure the performance of hotel. According to theevaluation , management of the entity can justify that how can they overcome with theirweaknesses so that they can prove their strength in the market trend (Hammer, A. and et.al.,2010. Small and Medium-Sized Enterprises. [PDF]).TASK 11.1 Create profile of Tpp and also identifying its various strength and weaknessProfile of The Phoenix Partnership hotelGeneral Business informationThe Phoenix PartnershipTPP House, 129 Low Lane, Horsforth, Leeds, LS18 5PXContact number:+44 (0)113 2050080Email: enquires@tpp-uk.comhttp://www.tpp-uk.com/contact-us (Website Address)Business DetailsTpp is software Development Company which designs clinical software to their client.Tpp is a small enterprise which is established in UK marketThey provide best health care software to their client.Strength of TppTpp also focus on customer services to make their customer satisfied with their services.Its special service is also attracting its customer in which customer’s clinical data issecured by the respective healthcare entities.
Its innovative and improved work is another strength in which they develop patient’sportal which assist the individual in providing information (Management Team. 2015).Weaknesses of TppTpp also has various drawbacks that are not manageable by the entities such as lack offinancial resources because of which they are not able to take the initiative towards thenew techniques.The entity has various competitors which uses smar techniques because of which Tppaffects with the less sale.Reducing demand is also affects the business in which its old techniques impacted on theless demand in the Entity (Cassar, Ittner and Cavalluzzo, 2015).1.2 Carry out the study in which measure the comparative performanceWith the help of various methods management, Tpp can evaluate its comparative performanceso that they can apply this to their organisation.Customer survey:With the help of this method, management can create survey andaccording to this management can identify its needs and expectations which will assist in bettermanagement. In UK, various small companies are present and they can provide various servicesto its customer. With the help of this tool, management can identify the individual needs and itsvarious expectations from the company (Goss, 2015). With the help of this method, organizationcan achieve the target market in which they can find out all that customer who needs clinicalsoftware with better improvements.Financial statement:The best way of evaluating performance is observing old data andaccording to that they can take initiative towards enhancing the level of performance. In additionto this, management can observe its working capital and its profit ratio which can show actualpicture about the organization.TASK 22.1 Appropriate action to overcome the weaknessThe Phoenix Partnership is a clinical software company who sells its data storagesoftware to its healthcare clients. For this, the company is facing various serious issues that mustbe solved earlier. Apart for this, manager of Tpp need to forecast so that they can developvarious ways to solve its problem that is listed as follow:
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