Management Exam Notes

Management Exam Notes Case Study Notes A Fallen StarStrengths* Positive Outlooks and Goals for company growth in the Future * Long History of Successful projects at home * Endeavour has incentives to bring in new talent * Seeks to atone for past mistakes through using a business analyst * Large Skill base amongst employees * Strong Reputation Locally
Weaknesses * Branching into areas without enough knowledge of the land or culture * Wrong focus to compete with local rivals by expanding overseas resulting in loss of power at home * Inexperienced staff * Staff being placed into roles in which they are unsuitable (Mike) POOR HRM * Risking a lot of resources andshow more content* E.G: Reward Systems, Employee performance appraisal systems to influence those who adhere to the new changes
* Force-Field Analysis: * A method involving analysing the two types of forces driving forces and restraining forces that influence any proposed changes, then assessing how best to overcome resistance
* Driving Forces: Factors Pressuring for a particular change * Restraining Forces: Factors Pressuring against a change
Motivational Theories applicable to the case study: * ERG THEORY:
* Defined: Theory that argues that there are three levels of individual needs; existence, relatedness and growth
* Existence: Needs that include various material and physiological necessities such as Food and Water, in addition to Work Needs such as Pay and Physical Woking conditions
* Relatedness: Needs addressing our relationships with significant others, such as families, friends, work groups and professional groups
* Growth: Needs that require creativity and innovation, along with the desire to have a productive impact on our surroundings
* Applied:
* Existence: Is being fulfilled because employees are getting paid concurrently
* Relatedness: Is NOT being fulfilled due to the fact that there is a deep rooted lack of teamwork, there are conflict between team member and has lead to turf wars. In addition to the
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