Assessment 2 Mgmt110 Essay

747 Words Sep 19th, 2015 3 Pages
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FACULTY OF BUSINESS

Assessment 2

Essay outline

MGMT110: Introduction to Management

INSERT: Karan Saluja ; 4970135

SNY Pty Ltd

Starting as a small manufacturing business in 1980’s, SNY Pty Ltd is a Campbelltown, NSW, Australia based manufacturing company previously owned by Gary Smith. The company became more global after Gary Smith got retired(Owner and Founder) and he sold the SNY to a large multinational oil and lubricants business.

This essay outline briefly highlights the major management issues and challenges faced by SNY Pt Ltd. While it touches on the topic of manufacturing department , the challenge of managing the unskilled laborer’s with
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Its main objective is improving economic efficiency, especially labor productivity. It was one of the earliest attempts to apply science to the engineering of processes and to management'' (3). He believed this could greatly increase the effectiveness with which a company runs. ''To apply his solution, Taylor created planning departments, staffed them with engineers, and gave them the responsibility to:

1. Develop scientific methods for doing work.

2. Establish goals for productivity.

3. Establish systems of rewards for meeting the goals.

4. Train the personnel in how to use the methods and thereby meet the goals.''

In theory, providing the workers an insight into the goals set out by the company and providing them a suitable and healthy environment along with teaching them the latest techniques could really help a company to work its way towards its desired goals. The workers should be kept together as a group and treated fairly with promotions and appreciation whenever the company does good in the market. This could motivate the workers in putting more effort in reaching the goals that have been set up by the company.

Refferences

(1) Mary Parker Follett

(3 September 1868 – 18

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