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Strategic resource managment Essay Example

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Strategic resource managment

The organization also suffers from a lack of experienced workers and hence less innovative besides weak leadership that does not recognize the principle of triangulation. In a snapshot, the analysis of weakness (internal factor) reveals the vulnerability of the firm to its competitors. It is therefore upon this findings that researcher will emphasize on in order to develop the counteractive measures that will help weed out such weakness as the company has a number of opportunities that if well nurtured and explored will help revamp it.The SWOT analysis reveals weakness as the primary derailing factor for the company’s expansion and increased profits. Change management is very critical for success-oriented firms. Employees may reject the proposed change when they are not proactively engaged in the formulation of the proposed change. Employee’s productivity is firmly embedded in the ability of a firm to keep pace with its competitors and by ensuring that they are provided with the efficiency and adequate facilities that add value to their work and hence becomes highly productive at minimal time duration (Gold, Thorpe and Mumford 2010, p. In recent past, the competitive environment has become so fierce and only firms that value the input of their employees can thrive. Employees feel motivated and become initiative and innovative when a company adopts an effective framework to manage change that keep pace with other players in the industry (Kotter & Dan 2002, p. A motivated employee feels part and parcel of the company and thus would always give his best to achieve his task that culminates into increased labor productivity. The new CEO should thus start by proactively engaging the workforce and outline the need to actually design effective change management frameworks since doing so leads to less resistance to change as employees feel part of the team that designs and formulate such policies.The SWOT analysis of the Company also reveals the lack of motivation as a weakness of the firm. Employee’s productivity and wellbeing is firmly embedded on both extrinsic and intrinsic motivation. Where employees are motivated, the productivity of the firm rises and this leads to the production of efficient and high-quality product that attracts more sales. Consequently, the company makes more profits and expands due to economies of scale

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preview essay on Strategic resource managment
  • Pages: 10 (2500 words)
  • Document Type: Essay
  • Subject: Marketing
  • Level: Ph.D.
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