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Managing Director Of Park And Pay A Well Developed And Well Researched Bibliography

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3.1 INTRODUCTION

The purpose of this report is to provide the managing director of Park and Pay a well-developed and well-researched overview and summary of the company’s managerial position. The intent of the report is to be formal and educating in how to improve and better manage our business through change management, resource management, motivation, organizational culture and leadership and provide recommendations on how to improve our businesses sustainability and better achieve organizational goals and objectives. These components are covered in the report because they have been identified, as key components to managing a successful business and allow for the continued and coordinated development of it employees. This report …show more content…

If change is forced on people normally problems occur. Change must be realistic, achievable and measurable, so as managing director it is extremely important to understand how to engage employees, and lead the business, in working around this change (TFG 2014). Change management enables employees to adopt a change so that business objectives and outcomes can be achieved.

Whenever there is some sort of organizational change employees can experience varied levels of discomfort. As managing director leading change requires juggling a number of psychological factors, such as how employees think, how they perceive their current situation, how they will perceive a new change (Price and Lawson 2008). To ensure the success of any change initiative, manager 's efforts should go first towards considering how your employees will perceive the change and approaching this in the best way. Planning, leading organizing, negotiating and controlling are four management functions that can be used and implemented to keep employees motivated towards company goals and reassured about the businesses direction in a time of change.

Organizations are continually faced with a changing environment, therefore a need for a shift in strategic direction, must be implemented. The successes of major organizational change initiatives are almost always dependent on the incorporation of its workers and employees to help implement these changes.

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