Introduction This company has many potential bright spots that we have noticed. With the two closest competitors being 30 – 45 miles away and not offering nearly the same amenities, Outdoor Adventure Paintball Park should take advantage. Offering high quality paintball fun and at a decent price should capture high quantity of customers. Carl, Joe and John are investors who are running a very lucrative business. The three business partners run a business called Outdoor Adventure Paintball Park that provides outdoor fun and entertainment to its customers. The business keeps on growing progressively as more customers; as well as old clients are increasing their consumption of the services. The business has made huge profits in gross sales, …show more content…
Outdoor Adventure Paintball Park, however, experiences weaknesses in their planning, controlling and the organizing roles. Carl has not established effectively the responsibilities of each staff. The employees have started complaining that they do not understand their assigned duties when outside of the paint ball fields. Some of them feel that they require additional training that will help them conduct other duties efficiently. Carl, with the help of John and Joe should come up with strategies that will lay out all responsibilities clearly to ensure efficiency is achieved at all levels. In organizing, Carl needs to identify the perfect organizational structure that will allow effective distribution of resources. Carl, John and Joe have failed to align the present resources and manpower effectively that will ensure successive results. The business is experiencing deteriorated sales because the three partners have not established common objectives. The strength that the partners have shown is incorporated in the leading role. They have managed to lead and guide the employees on the specific duties. However, establishing the necessary roles and duties of each employee will ensure productivity and effective manpower. The partners could consider hiring of managerial heads, as well as more accountants that will contribute to successive results as the business expands. This option will also give the
This week’s key learning areas have been eye opening and worthwhile. Our game simulation has taught me how to manage the human resources (HR), capacity planning, receiving, production, and shipping departments. One key element that caught my attention was bottleneck issues. Although reputation and meeting goals is important, I must pay attention to the machines that are causing bottleneck issues; performing a cost/benefit analysis can fulfill this. It is necessary to manage mistakes made in strategy during the game, which can resolve issues down the road to have a successful business plan. There were three questions posed in our case study: What are the highest three unit profits?; What are the lowest percentage mark-up items?; and How would you use this in determining your business plan? These key areas will be discussed throughout the journal to express my understanding of the experience.
In order to ensure success in business ventures, responsibilities have to be distributed in a new way. Responsibilities will be distributed amongst a management/financial team, marketing team, a video review team, a financial team, and relations teams. They will work together to ensure a successful result.
Party Kingdom Inc. is a corporation founded in 2013 that deals in the business-to-consumer sector with rental of amusement devices (inflatables, carnival food, interactive games, etc.) for birthday parties, corporate events or just about any other public or private event. The Party Kingdom is registered as a federal corporation in Canada under the Canada Business Corporations Act (https://www.ic.gc.ca/app/scr/cc/CorporationsCanada/fdrlCrpDtls.html?corpId=9570519&V_TOKEN=1478716578451&crpNm=Party%20Kingdom%20Inc&crpNmbr=&bsNmbr=). They are a relatively small company, with only two full time employees and two part-time employees. Even though they have a small workforce, they should be under estimated. They boast a high profile of clients, that include; Nike, McDonald’s, Bell, The Keg and Walmart. Their expansion over the years suggest that even though they are quite small, that they have been managing to expand and grow their network. The company does face a challenging and competitive environment that faces high competition, seasonality and strict regulations. The company must continuingly innovate its services to maintain its share of the marketplace. The Party Kingdom prides themselves on offering the best customer service to their clients and taking the extra step to ensure their clients are satisfied with their order. The Party Kingdoms main source of revenue come from repeat business of satisfied customers and from new customers
We would include all employees’ even managers to cooperate better and work as a team. We would also recommend that the staff be properly trained in certain departments. For instance I would recommend the staff have an organization training therefore customers don’t go unnoticed for a long period of time and important documents immediately considered.
Efficiently operating an organization or business requires upper-level department heads to collaborate cohesively in efforts of meeting organizational demands. Although departmental managers work independently, they contribute collectively. In this paper, I will discuss the collaboration of the finance director and the department administrator and how they collaborate to carry out organization goals. I will explain contributions the finance manager and the administrator make in efforts of reducing accounts receivable days. I will also describe bonuses paid based on profitability.
To be successful in any modern business there are a few things that must take place. The company has to get oriented; it needs to identify the primary objectives of the business, as well as define the scope, and finally perform both internal and external analysis of the operations. Each of these things has their place and since our company is one of the best out there, the first three have already been established. What we are here today to do is to perform the analysis portion.
* Suggest the short-term and long-term effects on the company with roles being shared among employees.
The four owners of the firm will specialize in each of the following management areas: marketing, finance, community relations, and human resources. Our qualifications as business students save us the costs of outsourcing management roles and keeping them internally. Furthermore, all four owners at the inception of the business will deputize as technicians.
Each partnership/agency/organisation may have a different service delivery model, a joint management structure must emerge to clarify the roles of authority, responsibility and mutual accountability. Joint working is less likely to work without all parties perceiving a mutual benefit in a shared vision and common service goals. Staff in multi-agency teams face issues concerning the balance between specialist and generalist skills and status, with specialist agencies being required to redefine their roles. Therefore having a clear justification that a partnership is needed for service users helps to realise the values upon which they create a shared vision and a rationale for action. The key issues around which realistic, reliable and valid
According to Mohamed Madi (et al) (2012) stated that the employees will not performed well unless the employees in such organizations are committed and work effectively in teams. It good to have faithful employees who do their job tasks independently;
Kerrie's has been charged with reducing operating expenses and her solution includes getting a team that would help in creating strategies and implementing them to reach their goal. The goal was to reduce costs in her business unit by 20%. The team is also responsible for coming up with recommendations that help in the monitoring of the implemented strategies within the required period. The account management team is angered and resistant, but the senior management helps the team with dealing with it (Lester & Parnell, 2007).
* Separate the Board of Directors from the Company’s management and let the General Manger and Assistant General Manager run the business in the most profitable way possible.
• Identify the role of each partner, which is understood by others in the partnership
The organisations workforce comprises of a Chief Executive, Finance Director, 2 HR Business Partners, 2 trainers, 2 administrators
The general partners of the same level would be handling sensitive positions like the Financial Manager, Marketing/ Advertising Manager and the Operations/ Human Resource Manager.