Business Strategy Report Essay Example | Topics and Well Written Essays - 2000 words - 1

Business Strategy Report - Essay Example A certain portion of their consumers are supporting the traditional marketing approach and fixed product line of the organisation. On the contrary, a range of consumers are opposing the old-fashioned marketing strategies of the organisation (Greggs Plc., 2013). The further analysis of the study will illustrate the impact of competitive environment on the growth of the organisation. It will also suggest necessary recommendation to the organisation to sustain their competitive position. Over the period of time, Greggs Plc. has encountered an increased competition in the market. Various governmental regulations are also creating a number of obstacles in the sustainability of their business venture. The analysis of external environment of the UK pie shop industry will highlight different issues that the organisation is facing. This analysis will assist the organisation to determine the current issues and obstacle in the different market environment. It will also allow them to analyse their current market position to design new competitive strategies (Nestle, 2013). The government regulations regarding the production and sales of snacks and high calorie food items are changing rapidly. The European Union government has tightened the food hygiene legislation which has affected all the businesses that are indulged in regular production, packaging and supply of food items. The Pasty Tax can also be considered as one of the major reason to worry. This system has created concern within the pie industry as it entitle the consumers to avoid the value added tax for cold and previously cooked snacks products (Darkow, Foerster and von der Gracht, 2015). The new regulations regarding the food value and hygiene parameters of the products have directed the management of Greggs Plc to reform their production and food supply procedure. The introduction of Pasty Tax has influenced the organisation to

The Conflict Resolution Process in Teams Research Paper

The Conflict Resolution Process in Teams - Research Paper Example Of all resources an organization has in its disposal none is perhaps as relevant and important to the success of the organization than the human resources. Human resources if managed well hold the key to the success of the organization. According to (Cranny, Smith, & Stone, 1992) human resources output is higher when the employee's function as a team than it is the case when employees do not work as teams. A synergetic effect is what results when organizations embrace team spirit. However, creating functional and efficient teams calls for expertise, tolerance and a lot of motivation on the part of the organization. Teams enable employees to exploit their potential and therefore increase job performance. A team consists of members with diverse experience, skills and qualification, cultures and business backgrounds. To an organization, this translates into the potential for success. However, as (Cranny, Smith, & Stone, 1992) notes team building process is a challenging process that can present numerous challenges to the management. However, teams have disadvantages such as reduced independence of talented and capable workers, social loafing as well as bureaucracy hence time wastage (Schermerhorn, Hunt, & Osborn, 2005).      Tajfel and Turner, (1979) classifies teams into functional teams which consist only of members drawn from various departments, self-managed teams which are formed to meet some specific goals and objectives and function with little or no supervision, task forces are teams constituted to oversee completion of specific projects, while process improvement teams are comprised of experts as well as technocrats in a given field. Formation of working teams presents the following challenges to leaders; establishing strong team leadership, difficulty in establishing positive interpersonal relationships, fear of the teams failing to meet set goals which translate to wasted resources as well as the possibility of members of the team failing to adapt well into the team. These challenges lead to conflicts in the group. As (Cote, & Morgan, 2002) notes, conflicts are not necessarily detrimental to the success of the organization. If well-resolved conflicts have numerous advantages and disadvantages alike. If well-managed conflicts serve as a bonding experience and an opportunity for the team members to learn and reunite something which results in the team emerging more strong, and ready for the challenges ahead. According to (Sims, & Manz, 1995) in modern business organizations, teams are indispensable something which explains the reasons for meetings and committees in most modern organizations.