Recommendations for a Company Case Study Example | Topics and Well Written Essays - 1250 words

Recommendations for a Company - fiber Study ExampleYour smashed is rather new in the market. Still, it should be carefully structured and monitored so that failures are identified early and appropriate solutions are given. Most important, the time spent on get from failures should be minimized otherwise there would be no time left for focusing on the theatres expansion, a problem that you have already faced. As a leader, you have to accent on keeping the heartys productivity at high levels (Schermerhorn 2011). You also have to mark that the resources available are used appropriately so that organizational performance is high as workable (Schermerhorn 2011). In general, the management of organizations is based on four, detect, functions a) planning, b) organizing, c) leading and d) controlling (Daft & Marcic 2012, p.9). This means that the leader who aims to secure the victor of his business has to be able to respond to the demands of all the above management functions. Apar t from the above functions, of exceptional importance for modern organizations is the achievement of organizational goals (Dyck & Neubert 2008, p.7). ... In this way, the mis carry offs made will be identified and measures raise be proposed for avoiding similar problems in the future. In regard to the mission statement of the organization the following comments could be made a) although the mission statement responds to a basic need of the local market, i.e. the need for convenient report services, it seems to suffer at the following point it does not refer, either directly or indirectly, to credibility, as a criterion of the services provided by the organization. In the specific sector, credibility is quite important at the level that any failure could lead to high penalties for the customer/ taxpayer. Therefore, the firms mission statement could be possible alternated. The phrase Credible management of your finances could be possible preferred instead of the firms existing miss ion statement Have laptop, will travel b) in its current form, the firms mission statement is related to another problem the mission statement is not back up by appropriate strategies, so that the statements enforcement becomes problematic. As noted above, planning is one of the key management functions (Daft & Marcic 2012). This means that each firms leader has the responsibility for the identification and the promotion of the firms mission statement, as also of the firms strategies and ethical rules. This means that you have to take measures for ensuring that the mission statement reflects the organizations capabilities, as revealed through the firms performance. At the selfsame(prenominal) time, you need to ensure that the firm is able to respond to the challenges that the above mission statement sets, i.e. the provision