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Business Simulation and Professional Development

   

Added on  2022-12-05

19 Pages7120 Words101 Views
Leadership ManagementProfessional DevelopmentDesign and CreativityTeacher Development
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SG7003 Business Simulation
with Professional
Development
Business Simulation and Professional Development_1

Table of Contents
INTRODUCTION...........................................................................................................................3
PART A...........................................................................................................................................3
THE SIMULATION COMPANY VISION AND STRATEGY OVER THE SIMULATION......3
Competitive analysis....................................................................................................................5
Performance of Company............................................................................................................6
RECOMMENDATIONS.................................................................................................................8
Part- B..............................................................................................................................................9
REPORT SUMMARY....................................................................................................................9
INTRODUCTION...........................................................................................................................9
APPLICATION OF THEORY......................................................................................................10
TRAINING EVENT AND LANGUAGE PROGRAMMING SKILLS EVENT.........................10
DISCUSSION AND RECOMMENDATIONS............................................................................13
INDIVIDUAL PROFESSIONAL DEVELOPMENT...................................................................14
IMPROVEMENT OF PRACTICES.............................................................................................15
Appendix........................................................................................................................................15
CONCLUSION..............................................................................................................................16
REFERENCES................................................................................................................................1
Business Simulation and Professional Development_2

INTRODUCTION
Professional development will revolve around the entities that are required for the organisation in
order to inculcate the policy is such that organisation can move in the face of development. It is
necessary to identify the choices that are to be made by the company that start all the policies
that revolve around how far they can manage the atrocities as well as the operations of the
company in a better possible manner. An organisation with the vision and motive to develop
towards the growth prospects will be in affairs of implementation as well as the innovation
policies will be renewed at intervals of time. It is important to identify the operational
management in every organisation such that one may not fall as a pray to the atrocities. Certain
considerations will have to be made by the organisation in order to implement the strategies that
are required to improve the efficiency of employees as well as the means to derive profit. The
report deals with the performance management as well as different development aspects of the
organisation and how far they come up with the implementation and suggestions such that they
stand as one of the biggest forms in the initial aspect of their development. The company that is
obtained in this regard is marks and Spencer (Darling-Hammond and et.al, 2017). Marks and
Spencer is one of the novel and clothing brand which is operating in United Kingdom since
1854. It is known to be one of the most prominent clothing brand which stood unique
irrespective of all the change factors. The operational management as well as the performance
criteria of the organisation is entirely dependent upon how far the management is being able to
tackle the growth prospects and identifying the components that are necessary to be installed in
the organisation. One may not be able to avail the choices of growth unless and until the
innovation policies are added and employed in the organisation. Every prospect is put forth in
this report with the prior explanation.
PART A
THE SIMULATION COMPANY VISION AND STRATEGY OVER THE
SIMULATION
The vision mission and values are referred to be the set of policies that are to be identified by the
organisation such that the organisation can focus upon identifying the choices that it can make in
order to move ahead fulfilling the policy is that are required for it to overcome. Marks and
Spencer is known to be one of the oldest clothing retailer which is present in United Kingdom. It
Business Simulation and Professional Development_3

is known for its consistency as well as its brand is known to be one of the most reputed one and
is a considerable aspect of many.
Vision of the organisation: the vision of the organisation Marks and Spencer is to focus upon
the goal and to produce different products that are essential for all the customers such that they
can meet their expectations as well as fulfilling the needs. This seems to be acting as one of the
benchmark for the organisation where it has accomplished all its goals and decision making
process as well as creating strategies such that the platform of growth is attained by the
organisation. Its vision is seen in how far the company is being able to tackle with the
consistency that it is dealing with. The purpose of how far it can reach in order to attain factors is
known to the organisation and therefore all the behavioural guidelines that are marked in its
vision statement are followed every now and then. Fulfilling its vision the company is moving
ahead with its values that are most prominent for its to accomplish its goals.
Mission of the organisation: every company is having a mission with which it is operating.
Although marks and Spencer company is known to be one of the oldest brand its mission is said
to be one of the best probable statement that is generated by the organisation. Marks and Spencer
moves ahead with the vision of providing the better quality products to its customer and with this
mission it is operating since 1800 such that it consistency did not go in vain. Although there are
different set of practices that are being followed by retailers all over the world yet marks and
spencer never back down in maintaining its mission and that is added benefit for the
organisation. It is always an essential factor to incorporate the policies that are required by the
organisation every now and then such that its mission statement will not be carried away but the
organisational implementation will make it one of the most essential factor to deal with.
The values of the organisation: every organisation will contain a set of values that are
necessary for its to maintain its brand reputation. Marks and Spencer is known to be one of the
relevant brand and its value never perished since the time of its establishment. The different
values that are being carried forward it by the organisation will include those of quality services,
innovation and trust. Quality is the major criteria that is to be followed by every retailer now and
then such that the company will stand as one of the unique factor in the world of retailing. This is
being followed by the organisation Marks and Spencer since ages and therefore it is known to be
one of the most successful brand. The services that are provided by the retailing Marks and
Spencer is known to be one of the most prominent one and its industrialisation is regarded to be
Business Simulation and Professional Development_4

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