Alphabet Swoth and Pestel Analysis

PESTEL analyses is a tool that many firms use to assess the factors that may affect the company and try to anticipate risk posed by those factors. PESTEL is an anagram for; Political, Economic, Social, Technical, Environmental and legal factors.

Commitment- If you expect your team to work hard and produce quality content, you’re going have to lead by example. There is no greater motivation than seeing the boss down in the trenches working alongside everyone else, showing that hard work is being done on every level. The way by proving your commitment to the brand and your role, you will not only earn the respect of your team, but will also instill that same hardworking energy among your staff. It’s important to show your commitment not only to work at hand, but also to

One of the main success factors for most businesses is the profit it creates. “Profits are like oxygen to a business — required to live and grow”. If a business is seeing an increase in their profit, it means that they are growing and improving. This is why profits are considered as a success factor. However, it is important to keep in mind that there are other arguably more important success factors. Many businesses claim that it is important to “make products people love, [and] build and manage a great team”. Making a product that people truly love is considered as a success factor, as a business can increase its customer base and loyalty. Also, some businesses take pride in what they provide for the community, and consider that to be success. Building “a team that is focused, passionate, and cared for by management” is also a success factor. Employees are the engines and faces of a business, which is why their treatment and wellbeing are considered important. Therefore, having a productive and passionate team is what some businesses consider to be success. Although there are many other factors that could lead to success, the most important ones for the majority of businesses are stated above. Naturally, if a business has great products and a well-managed team, profit can follow, which means that all of these factors can contribute to business

The mindset of an organization especially ABC company should be " customer first, Employee second and Shareholder third ". ABC company cannot improve its productivity without raising its worker productivity first. The assumption is that the more effieceint the job, the more employers can justify their salary expenses. One of of the Company's main weakness is due to the decline of growth of worker productivity. Maintening healthy employee realtion in an organization is a key for organization success.

An examination of how these factors interrelates in a way that can affect the success of the business.

Pulling into as well as continuing attracted also unflinching labourers are vital to the accomplishment of a business. Enabling capable improvement shows our gathering we consider their progress and in addition their future, and also it motivates steadfastness in employees. Employees are continually being evaluated on their insight as well as abilities. So we can remain on top of the business.

Commitment to competence is the motor of any business to establish a tone at the top because it influences the effectiveness of management team. Accordingly, personnel must have the skills and knowledge necessary to the performance of their work. If workforces are lacking in skills or awareness, they may be ineffective in performing their allocated responsibilities. This is particularly critical when the employees are involved in performing controls. I recommend the management staff to hire employees with suitable levels of education and experience, and to provide

Keeping motivation in the work place demands not only the workers attention and focus but the employer’s attention as well. There are many ways to keep your workers motivated. The main point is to keep them satisfied. There are several different ways to keep workers satisfied, compensation, benefits and in the authors opinion one of the most important ways usually is overlooked and that is work atmosphere. The Plastec Company must look at these factors when trying to reduce turnover and increase productivity.

The employees work tirelessly on development for both the company and the people. The need for continuous improvement drives them to continuously be improving the products they deliver. In order for this to work employees must be honest about their strengths and weaknesses. In doing this they can become better employees and help others become better.

3. Some of the causes of the problem concerns people. The manager is suggested to develop programs and activities that would motivate the workers in doing their work. Also, it is highly suggested that the manager should create a group or a team of well trained workers in every processing section along with machines, if there’s any to assure efficiency. At the end of each section utmost two supervisors having a thorough inspection of the products.

Elements of management should be guided by human physical dynamism of organization units, which seeks to attain the objective and satisfaction of an organization (Robbins & Judge, 2007). Satisfaction has to serve people involved with high morale and existence of a sense of attainment primary when considering all those people who are giving the service.

• Weed out poor managers. Dissatisfied workers dislike poor management. Act quickly to preserve your credibility in the workforce. Remember the law of procrastination. “No matter how long you ignore a problem employee, his or her behaviour will not improve-act now!”

Also, it ensures that the employee is working in a partnership with others which would help and improve the business for customers. The aim of Xyz is to motivate its employees both by enabling the satisfiers and also by paying attention to hygiene factors. Like it motivates its employees by timely communication and also by delegating responsibility and involving them in decision making. Every year forums are being organised for the employees. These all shows the work that Xyz do for its

The project the group has chosen is called Improvement to self and work productivity. In this project the groups main goal is to promote productivity, fairness, team work and participation in the work area. There is also emphasis on personal group and maturity since the company is still young and most of the workers are young adults still trying to grasp what and adjust to there situation as working class adults making their contributions to society. The project team hopes to foster change in the workplace and this projects most valuable tool is it’s continuous process and strive for improvement. The project has been made because work productivity and adjustment period of new staff are low and slow in its progress. The

Employee engagement & teamwork by everyone in the org 3. process focus supported by continuous improvement & learning; w/ TQ, an org actively seeks to identify customer needs & expectations, to build Q into work processes by looking into the knowledge of its workforce, & to continually improve every facet of the org; customer is principal judge of Q. TQ practices: Strategic planning & design of org & work systems, Customer engagement & knowledge acquisition, Workforce mgmt, Process mgmt, Info & knowledge mgmt, Leadership. TQ techniques: tools include a wide variety of graphical & statistical methods to plan work activities, collect data, analyze results, monitor progress, & solve problems. Competitive advantage: firm’s ability to achieve market superiority. Six characteristics of strong competitive advantage: 1. It is driven by customer wants & needs 2. Makes a significant contribution to the success of the business 3. Matches org 's unique resources w/ opportunities in the environment, a good strategy uses the firm’s particular resources effectively. 4. Durable & long lasting, difficult for competitors to copy 5. Provides basis for further improvement 6. Provides direction & motivation to the entire org. The net effect of improved Q of design & conformance is increased profits. Vital to focus Q improvement on both design & conformance. Q & Business Results Businesses that invest in Q mgmt efforts