Original Creations: Business Case Report and Strategic Analysis

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This report presents a business case analysis of Original Creations, a company facing challenges such as language barriers, communication problems, rising costs, and poor inventory management. The report explores the reasons behind these issues, including a lack of market research and reliance on overseas manufacturers. Several business options are considered, with the recommendation to establish an in-house manufacturing system to mitigate these problems. The expected benefits of this approach include reduced costs, improved communication, enhanced data security, and greater control over product quality and shipment times. Potential drawbacks, such as initial investment costs and the need for new employee recruitment, are also discussed. The second part of the report provides a reflective analysis of the learning experiences gained during the project, focusing on the development of teamwork, communication, and leadership skills, utilizing models such as Tuckman's team development stages and Belbin's team roles.
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Assessment 1 Project Business
Case Report
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Executive summary
Business environment is inclusive of various internal and external factors that can affect
business organization growth and decision making. In order to successfully conduct business
activities it is essential for organization to analyse the business environment and make changes in
their strategies accordingly. According to the Original Creations case analysis it has been
analysed that companies facing numerous problems such as language barrier, communication
barrier and increase in cost and poor inventory management. In this with the help of taking
advantage of developing own manufacturing system organization can assure long term growth
and sustainability.
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Executive summary..........................................................................................................................2
Introduction......................................................................................................................................4
Part 1................................................................................................................................................4
Reasons...................................................................................................................................4
Business options.....................................................................................................................6
Expected benefits....................................................................................................................7
Expected dis-benefits: Describe.............................................................................................8
Timescale................................................................................................................................8
Costs.......................................................................................................................................9
Conclusion.......................................................................................................................................9
Part 2..............................................................................................................................................10
Introduction....................................................................................................................................10
Main Body.....................................................................................................................................10
Conclusion.....................................................................................................................................12
References......................................................................................................................................13
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Introduction
Original Creations serve in the market segment as a range of original lifestyle products
inclusive of outdoor collections like automatic air freshener for bathrooms, rainwear for cats and
dogs in addition with indoor collections like blood pressure monitor, hair clippers and more
(Ford and Despeisse, 2016). The present report include discussion on the effectiveness of proper
management of Original Creations by overcoming the manner through which company can
effectively develop their new products. In addition to this report include ideas as well as
strategies that will help the company to make expansion in the market segment by forecasting the
opportunities. Along with this discussion on the role of different departments in the company to
develop new product successfully along with the role of sales and HR department is also being
discussed to make improvement in sales and business performance.
Part 1
Reasons
The main reason to conduct this report is to evaluate and analyse the issues that the
company, i.e., Original Creations is facing currently in the market segment. In context to this
some of the major reasons of this report is that company needs to have proper understanding of
consumer needs and demands to develop products accordingly (Blindenbach‐Driessen and Van
den Ende, 2014). In this organization needs to serve the unique and latest item to customers as
some of the products of company failed to succeed. In this Original Creations need to provide
priority to market research. In addition to this company also needs to take use of wide range of
manufacturers in both the provinces of the United Kingdom and abroad company needs to send
rough idea of the production to other small manufacturers. For this Original Creations needs to
pay additional tariffs and taxes for import of products. In this, these issues can be overcome if
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the company has set up their own manufacturing units. With help of this company can not only
reduce extra cost but can also recuse to pay additional taxes on import.
As per the above mentioned evaluation it has been analyse that company is facing various
challenges which is decreasing their profitability and sales. In this company needs to firstly setup
strong communication network and further develop their own manufacturing units. However
during the initial stage company needs to have an efficient system through which they can
communicate with suppliers on local, national and international platform. With the help of
communication platform organization can also strengthen internal communication network and
can provide efficient services to customers in time effective manner. There are certain key issues
that are present in the company such as communication problem as the company is facing
communication challenges on the manufacturer based in China with due to communication gap
there is a negative impact on supply chain management. In this it is essential for company to
overcome this issue to have sustainable business. Along with this the negative influence of latest
design and copyright issue with extra production cost and poor inventory management are some
of the key issues which is affecting Original Creations as is creating direct impact on company
growth in the market.
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Business options
Thus from the above-weighted analysis it has been stated that setting up own
manufacturing system is the best option, as it fulfills all the requirement for company. It not only
helps in moving communication challenges increase in taxes and rates language barriers but also
offer positive outcome that will help organization to satisfy customers. It is also more data
secured which will help organization to share documents with stakeholders efficiently that
further helps in enhancing its transparency. It also helps in increasing the productivity of
company that will allow organization to overcome the issues like copyright issues increase in
tariffs and taxes and delay in shipment.
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Expected benefits
It has been analysed that expected benefit in the project is mainly defined as improvement that
organization measure due to particular project. In addition to this project positive outcome is also
defined as expected business, as per waited scorecard own manufacturing systems can be the best
score option that will help organization to have own manufacturing systems (Griffin, 2021). This
is a profitable approach in which with the help of this company can reduce procurement cost. It
is easily accessible and company can utilise data to share documents from different
manufacturers around the world. This provide data security that helps company to reduce
additional supply cost. With the help of this employees can enhance satisfaction of customers
while increasing the efficiency of sharing responses with suppliers. Thus as per the above table
scores of the options available to the optimal creation is taking use of own manufacturing
systems. This is an effective platform that will provide company to overcome language barrier,
communication issues and other challenges.
In addition to this with the help of taking use of own manufacturing unit organization can
tie up with small manufacturing groups and configure share thoughts and ideas with them. In this
with the help of taking use of own manufacturing system Original Creations can significantly
reduce extra expenses that organization need to spend on importing their products. It has been
analyse that manufacturers and suppliers basically belong to Asian countries like China
(Svoboda, 2017). These countries undertake use of different language which create
communication issues, cultural differences and language barriers which is causing Original
Creations to face many challenges. In this company is also facing the challenge of paying extra
tariff and taxes and other copyright issues. To overcome these risk organization with the help of
setting their own manufacturing department can overcome these issues and can mitigate some
negative challenges. With the help of own manufacturing department organization can not only
reduce extra expenses and can also save the time for product shipment. It also helps in
overcoming communication problem that will help organization to operate successfully in the
market segment.
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Expected dis-benefits: Describe
This dis-benefit is mainly different from risk, as risk can take place in an unexpected
manner but this and benefit mainly take place. In the project in terms with the Original Creations
there are some diss-benefits such as consumption of time and cost, as own manufacturing
systems can further affect productivity and can enhance cost (Kumar, 2019). It will lead
organization to make heavy investment on initial stages and will increase the cost company can
also face challenges like recruiting new employees in the manufacturing units.
Timescale
Project timescale:
Benefit realisation timescale:
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Costs
It is essential to have an estimated cost as well as budget as it helps in accomplishing the overall
project in effective manner. With the help of appropriate budget quality and efficiency of project
can be enhanced that further help in completing the project deadlines in effective manner. In
context with estimation of cost it helps Original Creations to predict the resources that are
required and further help them to decrease any unexpected increase in the cost (Prajogo, 2016). It
also help in preventing resource wastage that will help organisations to conduct their activities in
effective manner. In context to having own manufacturing systems the company needs to include
training and maintenance cost of the project.
In context to the maintenance cost these are inclusive of setting up cost and resources, as it is
essential for employees to have proper resources to set up own manufacturing systems.
Conclusion
Thus according to the above analysis it has been concluded that in order to assure higher
growth and competitiveness it is essential for organization to have their own manufacturing
system. This will help organisations to reduce the supply chain cost as well as additional
expenses. It also helps over company to overcome communication issues language barrier and
cultural differences and will allow them to have strong negotiation power. With the help of this
company can save the time for product shipment and can provide better and faster services and
facilities to customers. It will also help organization to check the quality of product as well as
with the help of own manufacturing system company can enhance the efficiency of its quality.
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Part 2
Introduction
This part of project is inclusive of reflective analysis of the learning experiences. In this
analysis of the skills that has been developed by me in the initial learning in the unit has been
analysed according to the business case of this project. In this part of the project various key
development skills that has been developed my me has been significantly discussed with the help
of Tuckman team development model and Belbin role.
Main Body
The personal reflection aspect of the present report inclusive of discussion based on my personal
development as well as learning of skills during the session in classroom. All this knowledge and
skill has been proves to be effective in developing my team working as well as collaborative
working ability. It has been realised that the skills and learning that has been evaluated in this
sessions played crucial roles in accomplishing my project objectives as well as goals. The
business function management tool, communication skills, leadership skills decision making,
problem solving and strategy development effectively enhanced my competencies as well as
capabilities that further help in developing my personality furthermore the lecture for emphasise
on challenges that company faced. In the second week in the team discussion has been conducted
on individual objectives and goals in order to manage project international, business
management etc. Furthermore, during the second week I have significantly learn about the
challenges which assist me to evaluate my capabilities and personalities. This enhance my
learning capabilities as well as experience in an effective manner the group activity in which the
present report is done is named on Original Creations that have faced problems such as decrease
in sales, language barrier and challenges and improper management of supply along with
communication issues.
In this I have started my work with my other fellows to form the roles according to the
Tuckman model of team building. It has been analysed Tuckman model of team building is
inclusive of teams in which team members need to go through different stages in which the
forming stage is inclusive of the aspect in which team is creative and every members to introduce
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to each other. In this group members get to know every individual skills (Rosemann and Brocke,
2015). Furthermore the second stage of this model is inclusive of storming stage in which
individuals need to go through new experiences. The next step is norming in which team
members collaborate with each other. Furthermore the performing is a stage in which every
member focus on fulfilling overall goal. The final stage of this framework is adjourning stage in
which the success is celebrated. During my practice week I make application of this theory to
form group to evaluate possible suitable options for company. In this I was a member of a group
in which I get to know about other members specialty and skills. While the next step inclusive of
problem discussion that has been faced by the company. In addition to this with the help of my
group members I have conducted discussion on different options and lead towards the next step
in which every individual opinions has been discussed that further lead us to come to the agreed
solution. During the performing stage every individual completed the goal and worked hard. At
last the final stage has been inclusive of submission of task in which positive outcome has been
received.
However there were some areas in which I have faced challenges. However conflicts in
the team was minor, but it is essential to solve the conflicts that lead my group members and me
to implement conflict resolving strategies through the Belbin team role theory. In this the Belbin
team role theory is efficiently used to resolve conflicts and problems among members. With the
help of this every individual is being assigned to the roles according to their personality. With
the help of Belbin role I overcome the conflict which in which I played the role of a sharper with
the help of accomplishing goal assured good experience that help me to recognise my skill.
There are some most important learning outcome of the sessions is being duly evaluated below:
Communication skill:
I have developed my understanding of the importance of communication skill in personal
as well as professional life. With the help of my experience in group and the understanding of the
case study I understand did this fact that communication skill plays important role in which with
the help of various communication tool assured of overall outcomes can be done with the help of
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taking advantage of professional and personal writing activities individual can assure successful
and outcomes.
Numeracy:
It has been analysed that the chapter numeracy inclusive of calculated and financial
figures which is important for business operations. It is essential for organization to undertake
calculation of all the aspects in effective manner the lecture significantly aid me in developing
and learning forecasting techniques. In this with the help of the case study I understand that this
fact that company needs to make proper budgeting in order to keep their production cost low.
ICT:
I have duly learned different type of numerous skills associated to Microsoft Office
programming in order to conduct s task. The Ms programs has been used to assign group
activities. In this I take use of Microsoft word skills to complete my project.
Problem solving:
My skills associated with problem solving techniques has been significantly enhanced
with the help of this study. In this I analyse case study in effective manner and determine the
problems that company is facing which help me to develop under taking decisions in effective
manner.
Working with others:
The most essential element of this session is that I learn to understand the importance of
team working with the help of division of work as per the expertise and knowledge collaborative
and coordinated work can be assured, that helps in building leadership communication
confidence and work management.
Conclusion
As per the above analysis it has been concluded that, for continuous personal and
professional development it is important to analyse strengths and weaknesses. This will help to
implement strategies in time effective manner that further helps in assuring growth.
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References
Books and Journals
Blindenbach‐Driessen, F. and Van den Ende, J., 2014. The locus of innovation: The effect of a
separate innovation unit on exploration, exploitation, and ambidexterity in
manufacturing and service firms. Journal of Product Innovation Management, 31(5),
pp.1089-1105.
Ford, S. and Despeisse, M., 2016. Additive manufacturing and sustainability: an exploratory
study of the advantages and challenges. Journal of cleaner Production, 137, pp.1573-
1587.
Griffin, R.W., 2021. Management. Cengage Learning.
Konstantinov, K.B. and Cooney, C.L., 2015. White paper on continuous bioprocessing May 20–
21 2014 continuous manufacturing symposium. Journal of pharmaceutical
sciences, 104(3), pp.813-820.
Kumar, M., 2019. A Unified Framework for Manufacturing Strategy Decision to Gain
Competitive Advantages. Advances In Industrial Engineering And Management
(AIEM), 8(1), pp.45-56.
Prajogo, D.I., 2016. The strategic fit between innovation strategies and business environment in
delivering business performance. International journal of production Economics, 171,
pp.241-249.
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Rosemann, M. and Brocke, J.V., 2015. The six core elements of business process management.
In Handbook on business process management 1 (pp. 105-122). Springer, Berlin,
Heidelberg.
Svoboda, T., 2017. No linguistic borders ahead? Looking beyond the knocked-down language
barrier. TranscUlturAl: A Journal of Translation and Cultural Studies, 9(2), pp.86-108.
Takino, M., 2020. Bridging the Language Barrier in International Business: BELF and
Multilingual Practices. In English as a Lingua Franca in Japan (pp. 233-254). Palgrave
Macmillan, Cham.
Wetherly, P. and Otter, D., 2014. The business environment: themes and issues in a globalizing
world. Oxford University Press.
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