Functional Areas in Business and Required Employee Skills Report

This report examines the functional areas within a business, using IOM Electronics Ltd. as a case study. It details key departments such as production, HR, finance, marketing, operations, R&D, customer service, and sales, highlighting their roles and importance. The report further explores the essential skills required for employees to excel in these areas, including leadership, flexibility, communication, innovation, and decision-making. It emphasizes the significance of these skills in ensuring organizational efficiency and achieving both short-term and long-term goals. The conclusion underscores the importance of considering these functional areas and employee skills for business success.

Functional Areas

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Functional Areas in the Business.................................................................................................1
Skills required in employees to perform functional areas...........................................................3
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................5

INTRODUCTION
Functional Areas refers to those areas where a business is able to ensure that it is able to
function properly in the right manner (Ackah, 2019). Therefore it becomes important for the
businesses to be able to make sure that they are able to focus on them to achieve a higher level of
efficiency and effectiveness. This report is based on IOM Electronics Ltd. It is a company which
deals in Electronics. In this assignment, there will be specific focus on different types of
functional areas of the business. Additionally, analysis on types of skills needed by employees to
be able to work effectively in these areas will be discussed as a part of this project.
MAIN BODY
Functional Areas in the Business
There are various types of functional areas which are present within a business
organisation (Han and et.al., 2016). The presence of these particular areas helps in ensuring that
a business is able to function in the right manner effectively and efficiently. In the context of
IOM Electronics Ltd. it becomes quite important that a specific focus is made on the following
functional areas of business-
 Production- This is a department in which a specific focus is made on the producing of
various types of goods (Huang and et.al., 2018). Specific requirements and standards are
set for the purpose of carrying out production which can be quite helpful in ensuring that
the companies are able to attain a higher-level of efficiency and effectiveness. This can
lead towards enhancement in the level of sales revenues and ultimately can lead towards
higher-level of profitability. Therefore, for a company like IOM Electronics Ltd. It is
important that it is able to put focus on producing good quality goods for the different
types of customers and clients.
 HR- In this department, a specific focus on the various types of HR practices is made.
Use of HR practices in the organizations can help in ensuring that the overall level of
goals and objectives related to the well-being of the employees can be ensured. In a
company like IOM Electronics Ltd. It is quite important that it is able to put its specific
focus on the right HR practices to be applied quite effectively and efficiently. This will
help in ensuring that the overall goals and objectives in the short-term and long-term can
be attained in the right manner.
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 Finance- This is a department where a specific focus can be put on the overall financial
performance within an organization. In IOM Electronics Ltd., it is quite essential that a
specific focus is put on the financial performance which will ensure that the overall goals
and objectives can be attained in the right manner quite effectively and efficiently.
 Marketing- In this particular department, the focus can be put on ensuring that the
overall marketing goals and objectives can be attained (Huberfeld and et.al., 2017). For a
company like IOM Electronics Ltd., it becomes highly important that it is able to analyse
the overall level of needs and requirements relating to the marketing of the products and
services effectively and efficiently.
 Operations- This is a department in which a specific focus is put on the ensuring that the
overall operational efficiency and effectiveness can be enhanced in the right manner. This
can help the organizations like IOM Electronics Ltd. to be able to achieve the specific
goals and objectives in the future time period. Therefore, In this way it can be said that it
is quite important that this particular department is able to ensure that the company can
raise the level of efficiency and effectiveness easily.
 R&D- In this department, specific analysis on the way new products and services can be
developed using the techniques of Creativity and Innovation can be made (Jones, 2017).
In this way, it can be said that by making the use of these particular techniques, IOM
Electronics Ltd. Can ensure that it is able to achieve a higher-level of efficiency and
effectiveness without facing problems and issues. This department can help the
companies to be able to ensure that different types of products and services can be
developed and the specific research on them can be carried out in the right manner so that
by developing them it can raise the level of satisfaction of the different types of
customers in the market. Higher-level of investment is required to be made in this area
which will help in raising the overall standards in a proper way as it will help in
enhancing the overall level of Creativity and Innovation in the right manner.
 Customer service- This department has various types of parameters which can be set for
the customers in the market. Thus it can help in ensuring the satisfaction level of the
customers. In this way, it can ensure that the overall satisfaction level of the customers of
the organizations can be managed in the right manner. In IOM Electronics Ltd., it can be
highly useful because it can help a lot in raising the overall standards in the right manner
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without facing problems and issues. Further, the problems and issues of the organizations
can be managed properly when its use is made in the right manner.
 Sales- In this department, a specific focus can be put on ensuring that the overall level of
sales within the organizations can be enhanced. For a company like IOM Electronics
Ltd., it is helpful in ensuring that the overall level of revenues can be raised in a proper
manner. Further, the role which this department has to play within the organizations is
concerned with ensuring that the identification of the specific areas where the level of
sales can be enhanced is made which will lead towards the attainment of short-term,
medium-term and long-term goals and objectives.
Skills required in employees to perform functional areas
 Leadership quality- This skill is become important to fulfil all duties and responsibilities
in the functional areas and this is important for every employees to lead their team. Many
employees wanted to succeed more in their career and that growth could be achieved
when they have this leadership skills and this is important from the point of view of
overall development of their career. In the context of IOM Electronics Ltd, this skill will
help them in achieving their growth in the organisation as this skill will facilitates them in
increasing the effectiveness and efficiency.
 Flexibility- This skill concern with the ability to perform the task in any circumstances as
there are many activities and roles in the organisation where employees need to do to
fulfil all responsibility. In company there are many other functions and roles that has to
be deal with in order to maintain the flexibility in the functions of functional areas. In the
context of IOM Electronics ltd, this skill will help in maintaining the efficiency of
company and that leads to proper growth in the organisation, as employees were able to
perform effectively in all kinds of roles.
 Communication skills- The importance of this skill is increasing day-to day in the
context of improving the effectiveness in the organisation. This improve the confidence
among the employees to perform much better way as this is essential skills that is needed
in many areas and roles where effective communication skills increases the work
performance of employees. In the selected organisation, this skill enhance the personality
and confidence among them as they need this at all levels of department. As, this develop
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the performance and make them eligible for perform in the organisation to fulfil the
desired objectives.
 Innovation- This concern with coming up with the new ideas and suggestion in the
company and need to be innovative in nature and that leads to growth and success in the
organisation (Nawaz and Koç, 2019). This types of skill is need in all kinds of firm as
they always looking for the new ideas and technology so that they can face the tough
competition in the market and enable them to perform much better in the market. In the
context of selected organisation, this innovation skills help the firm to come up with
technology and ideas through certain suggestions.
 Decision making- This is important skills that used in many organisation and this will
help in managing the company circumstances and dynamic situation by employees
(Sanchez-Serra, 2016). This soft skills become necessary in today's competitive
environment where they need to fulfil the requirements of company and need to be
managed effectively. In the context of selected company, this skills will help in
improving the efficiency in the management and also improve the growth of employees.
Through this skill, they able to take appropriate decision regarding the any situation on
their own without any help from their leader in the times of emergency.
CONCLUSION
From the above report, it can be concluded that Functional Areas of a business are quite
important to be considered by them for achieving the overall goals and objectives in the future.
There are various types of functional areas which can be considered by the business
organizations. There are different types of skills which are required in the employees to be able
to work in these particular areas.
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REFERENCES
Books and Journals:
Ackah, M., 2019. Soil elemental concentrations, geoaccumulation index, non-carcinogenic and
carcinogenic risks in functional areas of an informal e-waste recycling area in Accra,
Ghana. Chemosphere. 235. pp.908-917.
Han, L. and et.al., 2016. Spatial distribution, health risk assessment, and isotopic composition of
lead contamination of street dusts in different functional areas of Beijing, China.
Environmental Science and Pollution Research. 23(4). pp.3247-3255.
Huang, H. and et.al., 2018. In vitro bioaccessibility and health risk assessment of heavy metals in
atmospheric particulate matters from three different functional areas of Shanghai,
China. Science of The Total Environment. 610. pp.546-554.
Huberfeld, G. and et.al., 2017. Preoperative and intraoperative neurophysiological investigations
for surgical resections in functional areas. Neurochirurgie. 63(3). pp.142-149.
Jones, C., 2017. Spatial economy and the geography of functional economic areas. Environment
and Planning B: Urban Analytics and City Science. 44(3). pp.486-503.
Nawaz, W. and Koç, M., 2019. Exploring organizational sustainability: Themes, functional
areas, and best practices. Sustainability. 11(16). p.4307.
Sanchez-Serra, D., 2016. Functional urban areas in Colombia.
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