Leading and Managing Organizational Resources: Drax Company Report

This report provides a detailed analysis of Drax Company, a major player in the power industry, focusing on the implications of emerging technologies like the Internet of Things, Artificial Intelligence, and Machine Learning. It examines the impact of these technologies on human resources, required skills, and operational aspects of the company. The report explores the leadership styles employed by Drax, the challenges of integrating different divisions, and effective change management strategies. It also delves into the strategic and operational management challenges related to resource management, competitive advantage, and sustainability. The report further discusses the implications of disruptive and continuous innovation, the financial performance of Drax, and offers recommendations for future growth and improvement. The analysis is supported by academic sources and addresses the company's need to regain market share and adapt to a more competitive environment.

Running head: LEADING AND MANAGING ORGANISATIONAL RESOURCES.
LEADING AND MANAGING
ORGANISATIONAL RESOURCES
Student’s Name
University Name
Author note

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Executive summary
The purpose of this report is to analyze the implication of emerging technologies, the internet of
things on the Company Drax. It emphasizes on its impact on human resource, the skills required
and the operations. It analyses how the Company can integrate the two departments or divisions
and the considerations and the outcomes. It discusses how Drax can effectively manage change
in the Company. Further, the report also analyses the strategic and operational management
challenges of leading and managing the resources of the organisation to support competitive
advantage and sustainability. It examines the implications of emerging technology in managing
the resources of the organisation. It identifies the challenges faced by the Company and the
opportunities and its impact on Brexit.

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Table of Contents
Introduction......................................................................................................................................3
Discussion........................................................................................................................................3
1. The implication of emerging technologies on Drax.............................................................3
2. Type of leadership used by the Company....................................................................................5
3. Integration of two divisions.....................................................................................................6
4. Effective change management by Drax.......................................................................................6
5. Strategic and operational management challenges......................................................................7
6. The implication of disruptive and continuous innovation...........................................................8
7. The implication of emerging technologies by Drax....................................................................9
8. Financial review of DRAX..........................................................................................................9
Conclusion.....................................................................................................................................10
Recommendations..........................................................................................................................10
References......................................................................................................................................12

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Introduction
Drax Company is the largest fired power station, and it is also considered to be the largest
biomass power station. The Company Drax has performed well in its previous years. However, it
has analyzed that the Company has lost its market share from being a leading position. Therefore
the managers and the directors of the Company rethink the strategies and the positing of the
Company. It plans to take advantage of the Internet-of-Things, Artificial intelligence and
machine learning. The Company intends to become even more competitive in the market with its
new panel manufacture entrants. The Company also plans to innovate its products and services,
provides a better understanding of the market place and creates as well as market new products
and services. The Company requires developing its potential capabilities and undertakes actions
for continuous improvement and innovation. The purpose of this assignment is to analyse the
implication of the emerging technology that is the Internet of Things. It mainly focuses on the
impact of the emerging technology on human resource, the skills required and the operations of
the Company.
Discussion
1. The implication of emerging technologies on Drax
According to Alvesson (2013), the emerging technologies in the worlds, are
revolutionizing the world as a whole of work, how the organisations functions and operates, how
the organisations manage the change and evolve its ways. The nature of leadership, the roles of
the managers and professional careers have advanced due to the emergence of new technologies
in the organisation. The advent of the internet of things and the latest emerging technologies

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integrate the elements of business, commerce and industry in all the departments of Drax.
However, as mentioned by Anderson et al. (2014), various challenges are faced by the
organisation due to the emerging technology in the organisation. Previously, the Company
lacked the required expertise in-house. Therefore it partnered with some of the academics at the
University of Bedfordshire (U.O.B.) and the academics at the computer science technology
(C.S.T.). This helped the Company to gain access to the leading knowledge about artificial
technology (A.I.), Internet of Things (I.O.I.). It was mentioned by Anderson et al. (2014), the
various evolution of technology has led to the establishment of a centralized dashboard.
According to Center (2015), the new emerging technologies in the world changes how
the human resource department can contact the employees, analyze the performance of the
employees and the store the files. Therefore, it can be said that the emerging technologies and the
artificial intelligence can make work easier for the Company and provide information
adequately and promptly to the employees so that they can get the overall picture. The Internet of
Things improves employee experience.
2. Type of leadership used by the Company
According to (Dastbaz et al. 2016), the leadership style that is implemented by the
Company is the transactional style of leadership with the use of rewards and punishments. The
Company maintains strict discipline in the workplace. The goals and objective of the Company
are achieved by the employees of the organisation within the assigned time by the higher
authority. The employees are rewarded upon better performance and are given penalties and
punishment if there is any misconduct by the employee of the Company. To facilitate the change
management in the Company, it can engage in external consultation and provide opportunities

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for training and development for the employees. Technological aspects orient the goals and
objectives of the business organisation. However, the Company can improve the stability and the
performance of the employees by implementing both transactional and transformational
leadership style in the workplace. The leaders of the company need to develop the strengths of
the company and take steps to incorporate change in an effective manner.
3. Integration of two divisions
The coordination and integration of the departments in the organisation require the team
members to have a holistic approach towards the project, and they need to have a common
objective and goals to fulfill (Dastbaz et al. 2016). The common goal and purpose must be
achieved by having a cross departmental meeting before the initials of the project. According to
Center (2015), the managers and the higher authority must invite a leadership team to join a
conversation and have a shared vision. The Company, to integrate the two divisions needs to
integrate the internal and the external factors concerning the organisation. The companies can
make emphasis on continuous growth and expansion with the use of internal knowledge and
skills along with integrating it with the changing external forces. It was mentioned by Anderson
et al. (2014), Drax needs to integrate the business activities of the departments and the divisions
in the organisation for the smooth running of the business organisation. It needs to support
ecological sustainability by incorporating the activities of the organisation, along with the
external factors affecting the business.
Human resource management
The team of human resource management deals with the employees and the contractors.
The employees and the contractors are considered to be the key asset of the business. They keeps

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their focus on creating a diverse and highly inclusive workplace. It promotes safe and supportive
workplace (Dastbaz et al. 2016). they value the people while driving the performance of the
organization. The strategy of Drax is to develop the skills and talent of the people.
4. Effective change management by Drax
To effectively manage change in the organisation, it needs to have a focus on corporate
governance with an emphasis on IT governance. According to García Acuña 2014), the
Company can implement agency theory. It implies building an agency relationship with the
owners and managers. The transactional cost theory views the Company as the governance
structure. This would help to align the interests of the owners of the Company, along with the
potential shareholders. The stakeholder theory takes into account a wider view of the constituents
instead of concentrating on the stakeholders. The change in the organisation needs to be in
alignment with the business goals and objectives, and Drax can conduct a critical review about
the performance of the organisation and carry out the business in the right direction. This will
enable the Company to determine the value of change, which in turn will quantify the efforts of
the Company. Moreover, it was mentioned by Anderson et al. (2014), the Company can develop
a communication strategy, to effectively communicate it with the employees of the organisation.
According to Dastbaz et al. (2016), it can implement the stewardship theory where the managers
are predisposed to incorporate actions for the best interest of the stakeholder groups and
stakeholder. This will help the Company to incorporate proper corporate governance and
facilitate change in the Company.
Strategic planning needs to be incorporated by the company to facilitate change. The changes
incorporated in the organization must meet the existing need and future requirements of the

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company. It needs to incrementally change the process. It can focus on making small changes
with consistent efforts of the management. Thus changing the strategic requirements of the
company will facilitate better performance.
5. Strategic and operational management challenges
According to Khanagha et al. (2013), there are various challenges and issues faced by
Drax are concerning the strategic and operational management. The Company also faces
challenges regarding managing the organisational resources, which supports the competitive
advantage. The Company also struggles to find adequate talent and provide sufficient training to
the employees of the organisation. The motivation among the employees is low as the salary, and
the wages provided to them are competent enough, which in turn creates dissatisfaction among
the employees. This hampers the productivity of the organisation. Therefore, it was mentioned
by Anderson et al. (2014), the Company can replace human labour with advanced and emerging
technology. The Company is in a position to change how it operates. This implies that the
Company can bring necessary changes in the organisation and implement a new strategic plan
which will enable the Company to facilitate change and improve the performance. This way, the
Company can manage and lead its financial resources efficiently.
Capabilities and knowledge management is a systematic process which requires
collecting, storing, distributing and enhancing the skills and knowledge of the employees in the
correct manner. Drax needs to put the right knowledge with the right people and at the right time.
There is a need for the company for enhancement, proper utilization and sharing of the right

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knowledge and capability. It is a continuous process and important for the constantly changing
environment. This will help to improve the performance of the company and incorporate change.
6. The implication of disruptive and continuous innovation
According to Kuula and Haapasalo (2017), Continuous and disruptive innovation implies
continuous improvement, which includes changes the platforms and initiating various change
programs. The continuous improvement requires the organisation to encourage intelligent risk
taking, cross departmental collaboration and integrating, strong leadership management in the
organisation. Continuous and disruptive innovation includes improvement in products offered,
the process and procedure of managing the resources and the employees’ talent, performance in
the Company, which can result in a new dimension of organisational performance. According to
Alvesson (2013), Drax needs a leadership process which involves transforming the structure of
the Company. It needs to initiate training and development programs for the employees so that
the performance is improved. Managing change and innovation in the Company must be a
continuous and ongoing process. It can be said that improvement and innovation is a constant
source of ensuring and building a competitive advantage. According to García Acuña (2014). the
resources of the organisation must be allocated appropriately to ensure that the change and
innovation in the organisation can be implemented appropriately. The new strategic plan will
provide the Company with a framework for identifying the opportunity and seek organisational
performance excellence.
The operations management of the business needs to create high level of efficiency in the
company. The operations team is associated with converting the materials and labour and turning
them in goods and services in an efficient manner. The operations team in the organization needs

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to balance the costs of manufacturing as well as the profit in order to achieve high net operating
profit. The operations team must be efficient enough to utilize the existing resources from
people, materials, technology and equipment.
7. The implication of emerging technologies by Drax
According to Lin, Abney and Bekey (2014), the new emerging technology, the internet of
things is used by the Company. The internet of things can be used to improve the decision
making of the organisation. With proper implementation of the organisation, it can understand
the needs and requirements of the potential stakeholders of the Company and this will enable the
Company to address to the needs and manage the resource of the organisation appropriately. The
internet of things will improve the tracking and monitoring the resources of the Company
including the types of equipment, tools and machinery with the use of sensors and connectivity
which will help the Company to manage and lead it efficiently. Moreover, According to Tosoni
(2018), the internet of things connects the devices with the internet which enables the Company
to deal with the real time operational insights in a proper manner, and this also reduces the
operating costs of the Company. However, As mentioned by Khanagha et al. (2013), a lack of
proper I.O.T. knowledge and skills is a cause of concern for the Company and is also a challenge
for the Company. The required skills include knowledge about business intelligence, UX Design,
U.I., hardware engineering and network.
In order to incorporate ambidexterity, it needs to maintain a balance between exploration
and exploitation. It must have the ability to exploit the existing competencies of the company
while exploring new opportunities. It needs to adjust its imbalance in order to be more agile with

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the emerging technologies in the company (Alvesson 2013). It has to be extremely responsive to
the changing business environment.
8. Financial review of DRAX
According to Alvesson (2013), as per the financial report of Drax and the balance sheet,
it has been analysed that the overall debtors have increased from 2017 to 2018. This shows the
increase in the profitability of the Company. The total number of creditors increased in 2018.
The total capital and the share capital of the Company have increased. From the balance sheet, it
is evident that the Company is current having no depts, and it is in a position where it can borrow
from the financial institutions to implement new emerging technology and offer to the employees
with training and development facilities with the support of the government. According to García
Acuña (2014).the Company is in a position where it can increase its finance and revenue streams.
This will further increase the profitability of the Company.
Conclusion
Therefore from the above analysis, it has been identified that the Company is in a
position where it can borrow funds. As per the balance sheet of the Company and the financial
report provided, it indicates that the Company does not have any depts. With the support of the
government, the Company can implement new emerging technologies in the workplace. Further,
the Company can encourage creativity and new ideas in the workplace. It can enable DRAX
technology and services to undertake innovation efficiently. The Company can implement
theories like stakeholder theory, stewardship theory, and agency theory to build a better
relationship with the potential stakeholders of the Company. It has been identified that

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implementing the approaches can improve corporate governance and I.T. governance. The report
has provided recommendations to improve the performance and profitability of the Company.
Therefore it has been recommended to regain the market share by gaining back its position.
Lastly, it reviews the financial report given by the Company.
Recommendations
It is recommended that the Company implement business intelligence in an appropriate
manner. It can build upon business intelligence, knowledge management and information
system. According to Alvesson (2013), The internet of things, artificial intelligence can be ,
which would positively impact the operations of the business, the human resource practices of
Drax. Further, as mentioned by Rothaermel (2013), theories such as the stakeholder theory can
be implemented by the Company to organise the activities of the Company at a more
comprehensive view of the constituents. The agency theory will help the Company to build a
relationship and better delegate responsibility to the managers. The Company can implement
these theories for the better interest of the stakeholders, and it will help the Company to
incorporate corporate and I.T. governance. The funds of the business need to be allocation
efficiently, and it can develop partnerships and collaborations for the betterment of the
Company. Moreover, it is recommended that the Company can encourage creativity and new
ideas which can lead to innovation.