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Draper Engineering: Bang IT - Book Report/Review Example

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This research paper “Draper Engineering: Bang IT” seeks to perform a strategic management evaluation of Draper Engineering Ltd. A strategy entails making a decision on the best tactics and methods to employ in order in achieving the goals of the firm…
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Draper Engineering: Bang IT
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Download file to see previous pages A more detailed view of strategy is that strategy is the scope and direction that a firm takes in the long term that achieves advantages for it via configuring its resources in relation to a changing environment in order to fulfill market needs and satisfy the expectations of stakeholders (Thamhain, 2010: p11). Therefore, a strategy entails making a decision on the best tactics and methods to employ in order in achieving the goals of the firm. This paper seeks to perform a strategic management evaluation of Draper Engineering Ltd.
From the SWOT analysis, the fundamental issue that is raised has to do with Draper Engineering’s aging workforce. An aging workforce has a direct correlation with job performance (Sage & Rouse, 2009: p55). These implications on Draper Engineering are serious since most of its employees require job experience. The fact that the organization’s workforce shows loyalty benefits the company because they are socially skilled, knowledgeable, and reliable. However, this particular employee base is more resistant to change that may explain the reason why most of the organization’s new initiatives have ended in failure. The high rate of turnover could also be connected to the younger employees, even if the case study is not specific about this issue. In order to improve the structure of the organization’s personnel, Drapers possess some options.
One option involves a change in management. While it is not simple to comprehend how Draper is going to administer this change, it is essential that its employees understand the reason that the change is taking place in order for them to engage the organization in the solution, as well as the change. Draper, as part of the management change, needs to give training and support in order to encourage its employees in buying into the plan and dealing with any resistance from the top (Pang, 2011: p101).  ...Download file to see next pagesRead More
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