We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

IMPROVING BUSINESS Performance - Essay Example

Comments (0) Cite this document
Summary
PIPEWORK PLC BUSINESS IMPROVEMENT PROPOSAL Name Professor Course Date Pipework Plc Business Improvement Proposal Executive Summary PIPEWORK plc is a multinational company renowned in the United Kingdom for dealing in multi facet building materials and accessories…
Download full paperFile format: .doc, available for editing
Polish This Essay91.3% of users find it useful
IMPROVING BUSINESS Performance
Read TextPreview

Extract of sample
"IMPROVING BUSINESS Performance"

Download file to see previous pages The research in this case targets the improvement of performance of the company. The main activity in this case would be the analysis of the current performance of the company to determine the current performance, requirements and the challenges (Maginn 2007, p, 288). The solution of the challenges will result following the formulations of means to transform the challenges into opportunities. The exercise targets the division of the company into sectors of performance. The difficulties will then be determined in regards to the company’s performance. Recommendations for the solution of the problems in every perspective will then be made. Eventually, assessment will be made on the recommendations to pride from more efficient mechanisms for improving the business. Introduction The fact that PIPEWORK plc is an old established UK company, it is not at its performing at its best due to various reasons. The company has challenges with lack of a succession plan that makes it look visionless. Lack of morale is a characteristic of many stakeholders hence hindering performance. Computerization of functions and departments is lacking leading to discrepancies in accounting and delivery delays. All these would be best addressed using the Business Process Reengineering. Moreover, there exist challenges with status quo who wish to maintain their status hence hindering the capacity of the company to get new technologies and managerial skills. Most of the staff and heads of department are untrained and incompetent leading to low quality products and poor service delivery. These challenges can only be best addressed by the Kaizen approach PIPEWORK plc is a UK based company that is a market leader in the pipework sector. PIPEWORK plc is divided into three divisions namely the Drainage Division, Do-it-yourself (DIY) Division and Boilers Division. Though they are operated as independent business units, with individual balance and profit sheets that are later amalgamated, the company has recorded losses with respect to the previous year’s performances (Patterson et al 2012, p, 624). This year’s turnover was ?700m with a pre-tax profit of ?35m though it is a loss compare to last year’s which was at ?900m with a pre-tax profit of ?50m. The average age of senior management staff being 56 years implies the company lacks in new managerial skills methods in the market. Lack of a succession plan by the Head of Human Resources and Divisional directors is clear indication for lack of a vision in the company. Only two divisions have staff and management appraisal procedures which are long overdue in terms of re-evaluation. In order to have a deeper establish the context for evaluation of PIPEWORK plc, it is vital to consider the vital sections considered for its maximal performance. Drainage Division Overreliance on the olden traditional way of making clay pipes using kilns leads to wastage rates due to fractures and malformation. The fractures and malformations are as a result of long time the clay takes in the kiln and the fire used. Though the engineers have recently introduced PVC pipes, PIPEWORK lacks the internal resources to develop brand new products. This has made the company incur extra costs to suppliers to help them develop a new plastic pipe making machine to facilitate the division create newfangled products appropriate for present day market. It is expensive to produce the PVC pipes alongside the clay ones. In as much as PIPEWORK has opened a major manufacturing plant in Germany ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“IMPROVING BUSINESS Performance Essay Example | Topics and Well Written Essays - 1250 words”, n.d.)
Retrieved from https://studentshare.org/management/1469608-improving-business-performance
(IMPROVING BUSINESS Performance Essay Example | Topics and Well Written Essays - 1250 Words)
https://studentshare.org/management/1469608-improving-business-performance.
“IMPROVING BUSINESS Performance Essay Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/management/1469608-improving-business-performance.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Improving Organisational Performance
Overall Purpose of Assignment Contemporarily, numerous affiliations find themselves with augmented competencies from the external and the interior business world. These challenges that are overtly competitive include rampant technological advancements, augmented emphasis on the increase of innovation and changes in the organization, high demand for effective clientele service and better quality, globalization concerns and the inherent risk of management of a diversely inclined workforce.
12 Pages(3000 words)Essay
Improving Organisational Performance
. Introduction Performance management can be defined as a systematic method through which the organisations tend to observe its employees as individuals as well as members of the group, in enhancing the competence of the organisation in the attainment of the group mission as well as objectives (US Office of Personnel Management, 2012).
12 Pages(3000 words)Essay
Improving Organisational Performance
Table of Contents Introduction 3 Evaluation of High Performance Work and Performance Management System in Tesco 4 Performance Management Framework 4 Evolving the Performance Framework 5 Performance Appraisal and Reward System 5 Evaluation of High Performance Work and Performance Management in Sainsbury 6
12 Pages(3000 words)Essay
IMPROVING BUSINESS Performance 2
The company has had a good record in its business especially in the several divisions it involves itself with. It is divided into three divisions that have had a good business since they were created. The divisions are the drainage division, the do-it-yourself division and the boilers division.
12 Pages(3000 words)Essay
Improving organisational performance
Globalization has increased competition and hence the organizations are faced with fast paced competitive environments. As a result the companies are looking at the human resources to provide the much required differentiation. As a result, this has lead to a lot of interest in the assessment of the performance of the employees and more importantly how to get the best out of the human resource to gain competitive advantage (Aguinis, 2009, p.
11 Pages(2750 words)Essay
Indentify & assess differing systems applications to stor, retrive & analyse information
2 Pages(500 words)Essay
Improving Business Performance through strategic HRM (Work based Report)
es Home Depot stores, Expo Design Centers, Home Depot Supply Stores, Home Depot Landscape Supply Stores, and Home Depot Floor Stores” (Speight, 2004). Today, Home Deport relies chiefly on an efficient technology innovation system and supply chain. This company needs strategic
12 Pages(3000 words)Essay
Title: Pick an aspect of OB focusing on improving human performance. Argue the business case for why organisations should focus on this important area and provide examples of local organisations effectively doing so
It is a systematic method of determining the actions as well as attitudes, demonstrated by the employees of an organization, both on interpersonal and organisational levels. OB assists in having a better understanding along with explanation about
8 Pages(2000 words)Essay
Global Talent Management and Improving Business Performance
GTM is developed by multinational corporations as they believe that in order to survive in the global environment; there must be a key concern towards the development of talent in managers and leaders. Multinational corporations
8 Pages(2000 words)Essay
Improving Organisational Performance
One of the areas that have been identified in HR practices and management systems to overcome this challenge specifically focuses on the enhancement of work performance, which is referred
12 Pages(3000 words)Essay
Let us find you another Essay on topic IMPROVING BUSINESS Performance for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us