Harry Rosen Inc. Research and Analysis: Part 2 - Comprehensive Report

This report provides a comprehensive analysis of Harry Rosen Inc., a Canadian luxury menswear retailer. The report begins with an executive summary and then delves into a detailed SWOT analysis, examining the company's strengths, weaknesses, opportunities, and threats. It explores environmental constraints, including political, economic, social, technological, legal, and environmental factors (PESTLE). The analysis identifies both internal and external stakeholders, such as employees, managers, customers, and the government, assessing their roles and importance. The report also examines Harry Rosen's organizational structure, including chain of command and work specification, and discusses employee motivation strategies. Finally, the report offers recommendations for improvement, focusing on employee motivation, technological advancements, and marketing strategies, as well as control measures for ensuring business success.

RESEARCH AND ANALYSIS
PART 2

Table of Contents
EXECUTIVE SUMMARY ............................................................................................................1
S.W.O.T: .........................................................................................................................................1
Environmental Constraints: ............................................................................................................2
Stakeholders: ...................................................................................................................................2
Organisational structure and design: ...............................................................................................3
Motivating employees: ....................................................................................................................4
Recommendation: ...........................................................................................................................4
Control and recommendation: .........................................................................................................4
REFERENCES ...............................................................................................................................5
.........................................................................................................................................................5

EXECUTIVE SUMMARY
Management introduces as a coordination and organisation of the business activities in
order to accomplish defined objectives and goals. In this report, chosen organisation is Harry
Rosen Inc. which is Canadian retail chain. Company mainly specialise in dealing in selling of
Luxury men's cloths. It is a privately held company in Toronto, Ontario, Canada. It was founded
by Harry Rosen in 1945. Company operates menswear stores in Canada. They offers casual
wear, including, active wear, denims, pants, casual shirts, shorts and swimwear, polos and tees
and sweaters and knits. They also sell outerwear, including jackets, clothes, leather, and parka.
Along with this, SWOT, Environmental constraints, stakeholders, organisational structure and
design, motivating employees etc. must be used by completing this report.
S.W.O.T:
Strength: Harry Rosen have different strengths such as knowledgeable and skilled
employees, recognised store in Canada, affordable pricing strategy etc. All these are major
strength of an organisation which will help them by increasing customer base and also
maximising market share of company (Bohari, Hin and Fuad, 2017).
Weaknesses: There are different weaknesses faced by Harry Rosen such as lack of
resource, capital and fund in infrastructure, limited advertising and marketing, rising cost of
labours etc. All these weaknesses are highly impact on business performance and profitability of
Harry Rosen. In order to overcome such type of weaknesses, some recommendation are provided
to the company such as they should reduce employee turnover by using different types of
motivation theory (Niederwieser and et. al., 2016). Another important recommendation for
company to should invest resources and time into extensive keyword research.
Opportunities: There are different number of opportunities for Harry Rosen such as, they
could expand their segment, invest fund in marketing, focus on online presences etc. All these
are best opportunities for success and growth of company nationally as well as internationally.
Also. In order to take advantages of above opportunities, company would use training and
development program for their employees, plan better resource of fund etc.
Threats: High competition in clothing market, fast changing of fashion, rapid changing
behaviour of customer etc. are major threats for Harry Rosen. All these are negatively impact on
performance and success of company (Blockeel and et. al., 2016). There are some suggestion for
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company about how to overcome all threats easily. Company would use lower pricing strategy
and provide quality products to customer, Harry Rosen would needed to implement continuous
evaluations system which works to analyse the recent trends within every six months to analyse
the changes.
Environmental Constraints:
It is mainly related with the global business environment which include different factors
such as political, economical, environmental, social, technological and legal. All these are
consider as a part of PESTLE analysis.
Political: There are different laws such as, policies regarding import, recycling of waste,
export and trade has a main impact on clothing industry (Deimel, R. and et. al., 2016). Harry
Rosen is also impacted by the regulation and rules about taxation and these regulation change in
every nation effecting the economic success or growth of clothing industry.
Economical: Economic growth of the clothing industry in seen in the broad time, when
rate of interest is low, the sales of products are magnificent and large number of profits are seen.
Social: Harry Rosen is mainly impacted by the social behaviour or activity of the
customer and their attitude towards the clothing product. The culture difference as well as the
attitude of customer towards the career impact the industry.
Technological: The technological factor can also impact the Harry Rosen by defining
the accessibility of the different resources and their optimal use.
Legal: Different number of social activists were observed after the owners of clothing
sector for the problem of child labor and various legal activities were held accordingly
(Christensen, Fusaroli and Tylén, 2016).
Environmental: Problems about recycling of the clothing product have remained
effective or critical for the clothing sector to support keep the environment clean.
All these are main factors that impact on business performance and activity of company.
Social factor is main constraints that effects on business profitability. In order to overcome
impact of social factor, company should provide quality products at reasonable price.
Stakeholders:
In Harry Rosen Inc, there are different number of internal and external stakeholders.
Employees and managers are consider internal stakeholders whereas customers and government
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are identify external stakeholders. All these are play vital role in success and growth of company
within given time duration.
Internal Stakeholders:
Employees: Main role of employees in success of organisation activities is, they make
effective decision in achieving long term goals and objectives of company (Voinov and et. al.,
2016).
Managers: They are main stakeholder of Harry Rosen Inc and have different roles such
as setting of goals, assigning tasks, motivating employees etc. All these roles are help an
organisation in improving and developing organisational activities easily.
External Stakeholders
Customers: Customer satisfaction is essential because it gives marketers and business
owners with the metric to manage and enhance the business activities.
Government: They gives the legal framework and the best services required for a market
economy in order to operate business activities effectively.
Therefore, internal and external stakeholders are essential but managers are main
stakeholder and play vital role in making decision, recruiting knowledgeable employees,
handling all rules and regulation of government etc. in systematic manner (Garcia‐Castro and
Aguilera, 2015). Thus, Harry Rosen Inc should manage needs and requirement of manger and
provide highest priority to which will help them by enhancing their business activities.
Organisational structure and design:
In Harry Rosen Inc, there are different departments such as marketing, production, sales,
finance, human resource etc. all these are work with achieving long term growth and success of
an organisation. There are different organisational structure and design such as span of control,
chain of command, work specification etc. All these are consider as an effective part of
organisation structure and help them in retaining employees for long time and accomplishing
long term goals and objectives (Organizational Structure, 2019).
Chain of Command: The order in which power and authority in an enterprise is
delegated and wielded from upper management to every worker at each level of Harry Rosen
Inc,. In this, instruction flow downward beside the accountability and chain of command flows
upward (Johansson, Christiernin and Pejryd, 2016).
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Work specification: It is also consider as a part of organisational structure and design
which will support a Harry Rosen Inc, to achieve better outcomes easily. In this, company
should allot work according to employees capability and skills (Zingg and et. al., 2015).
Motivating employees:
In order to motivate employees, there are mainly two types of motivation theories such as
process and content. Skinner's reinforcement theory, Victor Vroom's expectancy theory, Adam's
equity theory and Locke's goal setting theory are consider as a type of process theory (Peters,
2015). Along with this, Maslow's hierarchy of needs, Herzberg's motivator-hygiene theory,
Alderfer's ERG theory and McClelland's three-needs theory are identify as a form of content
theory. All these are essential but Maslow's hierarchy of needs theory is most suitable for Harry
Rosen to motivate their employees by fulfilling its social, physiological, safety, esteem and self-
actualisation needs.
Recommendation:
According to the above mentioned information, it has been recommended, in order to
accomplish vision, mission, business level strategies, environmental constraints, corporate
strategy, structure of design etc. There are some recommendation to Harry Rosen Inc which are
identify as under:
 Company should allot activities or work to employees as per its capability.
 Harry Rosen Inc would develop different types of technology which will help them in
increasing customer base.
 Company should use different types of motivation theory which will also assist them in
retaining employees for long time and sustaining strong position in marketplace.
Control and recommendation:
In order to control business success and progress, some recommendation are given to the
company which are mentioned as under:
 Company should use different types of promotions and communication channels which
will help an organisation to maximise customer base. It is a biggest part of business
growth and success.
 Company should train their workers who have lack of knowledge about the technology.
Thus, proper knowledge of technology help an organisation to accomplish better outputs.
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REFERENCES
Books and Journals
Blockeel, C. and et. al., (2016). A fresh look at the freeze-all protocol: a SWOT analysis. Human
reproduction. 31(3). 491-497.
Bohari, A. M., Hin, C. W., & Fuad, N. (2017). The competitiveness of halal food industry in
Malaysia: A SWOT-ICT analysis. Geografia-Malaysian Journal of Society and Space.
9(1).
Christensen, P., Fusaroli, R., & Tylén, K. (2016). Environmental constraints shaping constituent
order in emerging communication systems: Structural iconicity, interactive alignment
and conventionalization. Cognition. 146. 67-80.
Deimel, R. and et. al., (2016). Exploitation of environmental constraints in human and robotic
grasping. In Robotics Research (pp. 393-409). Springer, Cham.
Garcia‐Castro, R., & Aguilera, R. V. (2015). Incremental value creation and appropriation in a
world with multiple stakeholders. Strategic Management Journal. 36(1). 137-147.
Johansson, A., Christiernin, L. G., & Pejryd, L. (2016). Manufacturing system design for
business value, a holistic design approach. Procedia CIRP. 50. 659-664.
Niederwieser, D. and et. al., (2016). Hematopoietic stem cell transplantation activity worldwide
in 2012 and a SWOT analysis of the Worldwide Network for Blood and Marrow
Transplantation Group including the global survey. Bone marrow
transplantation. 51(6). 778.
Peters, R. S. (2015). The concept of motivation. Routledge.
Voinov, A. and et. al., (2016). Modelling with stakeholders–next generation. Environmental
Modelling & Software. 77. 196-220.
Zingg, W. and et. al., (2015). Hospital organisation, management, and structure for prevention of
health-care-associated infection: a systematic review and expert consensus. The Lancet
Infectious Diseases, 15(2), 212-224.
Online
Organizational Structure. 2019. [Online]. Available
through:<https://www.investopedia.com/terms/o/organizational-structure.asp>.
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