I am business consultant in a Small Business Consultancy Firm. This is a general and financial structure on Practicus, a Small UK Business Enterprise.
Practicus employs over 50 staff and itself, consults to other organizations. Based on the performance and their team strength Practicus has been recognized by various organizations by receiving awards.
In this report, Practicus has been analyzed by using financial ratios and the SWOT analysis. The performance of Practicus has also been analyzed using industry comparative ratios. Proposed changes are recommended with appropriate actions to overcome the weaknesses of Practicus.
Practicus history
In 2004 March, Practicus was established. Practicus was located above a car park in Henley on Thames.
…show more content…
Darren has a strong leadership style, and is able to support employees both inside and outside their workplace. At Practicus, he first worked as General Manager for the first regional office and then subsequently as Regional Director across the growing number of international sites.
Mission/ vision statement
Mission: To help organizations successfully manage and deliver change
Vision: To create profitable growth by partnering with customers to achieve sustainable outcomes through innovative delivery.
Operating objectives
Portfolio Management is a technique that can transform the way management activity is directed and delivered. With proven cost savings of up to 30%, Portfolio Management aligns companies’ resources to their objectives, and allows Board Management to make more informed decisions regarding their investment portfolio.
Particus is currently advising a Portfolio Management Special Interest Group set up by the Association of Project Managers to investigate the practicalities of implementing the Portfolio Management system. Practicus can demonstrate in plain terms what clients can expect, solve the most common challenges and show how to get the maximum benefit from
…show more content…
Practicus facilitates the interface between corporate communications, transition and change to make sure communication is implemented down to team member level. Practicus teams are deployed on numerous initiatives within this context across everything from data warehouse design and build to mortgage transformation. Practicus works with some of the biggest and smallest organization globally. From smart ticketing and inter modal transport to improving customer service standards, Practicus has carved out a niche as a project partner for transport organization, serious about change. As part of their IT sector, Practicus has identified five trends, big data, mobility, social, consumerisation and the cloud to meet the competitive
They are currently ineffective due to power struggles and an unhealthy organizational culture that is preventing them from reaching its potential. The organization has been managing budgets for its portfolios for over 10 years, but recently has had some issues. However, a problem has occurred where Business Pub needs a small group of executives to help increase business productions and success. I apply for the position as an administrator executive. The organization is impressed by my achieved education in MBA, and recognizes my business executive skills that have accomplished business success in the business industry.
Performance objectives? Strategies? Action Steps for
Contents Terms of Reference 2 Procedure 2 Findings 3 Current Structure 3 New Structure 4 Employee Relationships 4 Instructing Staff 5 Contingency Variables 5 Conclusion 6 Recommendations 6 References 7 Appendix A 8 Terms of Reference I am a HNC business student. I am writing this report as part of my course. This assessment covers outcome 4 of the Managing People and Organizations' class.
Business Planning Activity – Notes Only Document (Please answer each question thoroughly and retain a copy of this information for your records) 1. Describe your vision for building your practice at Edward Jones. How do you plan to add value to the clients and communities you will serve? My vision for building my practice at Edward Jones is to provide the best financial service and knowledge to those in my community.
Terms of Reference I am a HNC business student. I am writing this report as part of my course. This assessment covers outcome 4 of the Managing People and Organizations' class. Unit F84T 34 Procedure In order to construct this report, I read the case study and highlighted information that I thought was relevant to this report.
Premier Inn is a famous British hotel brand with over 700 facilities worldwide. Being founded by Whitbread in the year 1987, the company is the result of a merge between Premier Lodge and Travel Inn. Premier Inn hotels operate under the strategic partnership between the leading international companies and Britain’s leading hospitality firm Whitbread PLC. This allows enhancing the popularity of the Premier Inn brand all over the world.
I. Strengths of TARGET Corporation Target Corporation is one of the largest and oldest public discount retailing company operate in the United States. The company founded in 1902’s by George Dayton (as also known as Dayton Dry Goods in 1962’s). Target store has a huge store footprint and enjoys considerable brand recognition. Target’s portfolio of owned and exclusive brands is also its strength, which allow retailer to a valuable differentiating lover in high competitive retail environment.
The leadership behaviors at CVS reflects the aforementioned leadership philosophy. In an interview with leaders at CVS headed by Merlo motivates their employees to accomplish more than what is usually expected of them. According to Northouse (2013), the transformational leader plays a vital role in initiating change, where followers and leaders are inextricably bound together in the transformation process (Northouse, 2013). In the case of CVS, this is clearly evident by what Scott Baker, CVS Senior Vice President has to say : “nobody works in solos, we collaborate on concepts and ideas with the goal of providing our customers with best-in-class service and high quality merchandise” (CVS, 2015). CVS’ encouragement of open communication
Abstract The purpose of this assignment is to critically analyze the context of Apple’s new product, ‘The Apple Watch’ and prepare a Marketing Feasibility Study in order to assess the viability of introducing in the new product range into the UAE market place. Data Introduction Apple Inc. is an American multi-billion dollar corporation that internationally produces computer software, cellular devices and consumer electronic products. Items such as the iPod, the iPhone, the Macintosh desktop computers and the iPad are easily recognizable by society.
In turn, by HR creating a mission and vision statement that ties to objectives, and metric that would aid in meeting overall goals for LDB Financial Services. Hence, by HR creating a strategic plan that aligns with the organization, consist of goals, objectives, and metrics it will aid in customer/employee satisfaction, retention, and enhanced human capital which all reflect back on the success of not only the business units, but the organization as a
Furthermore, the company is increasingly appealing to customers and continues to maintain more than 90% of its members year to year. With the leadership at the helm of the company and their commitment to maintaining their competitive advantage, this remains an incredibly appealing business model. However, replicating this model would be incredibly challenging for small scale
They developed a back-office accounting software product. They believed that flat organisational structure, collegial culture would strengthen employee morale and also heighten company performance. With 25% of client renewal rate and most of the clients retained services for at least 4 years, the firm earned good revenues. It had about $100 million in revenues and 400+ employees in its regional offices. The founders retired and the new CEO looked for young sales directors.
The enterprise’s competitive advantage is their excellent customer service which requires “highly motivated staff” in order all of tasks required to provide the service with high quality. The enterprise has its own culture which
The different communication methods are used for different audiences in Atlantis project management including Electronic Data Interchange (EDI) for real-time inventory and shipping communications, e-mail or regular mail for business communications, ProjectWeb as the main information interface for information transactions, telephone or web conferences for meetings. Partnering requires high commitment to change by all project team members to work in a team environment with “win-win” relationships, which will result in better quality project and performances, increased probability of timely and on-budget completion of project and reduced risk of claims and litigation. The mutual benefits gained by partnering members of Atlantis project acted as incentives and provided team motivation to achieve optimum project goals, and
The guideline point in this errand is to clear up the impact of Leadership and organization of an affiliation. Here I am elucidating power and organization of Martin McColl and this affiliation having pretty about thousand outlets and Fifty thousand agents across over United Kingdom and the rule focus of the association is on Books and Cards and Magazines and Confectionary and Toys and Drinks et cetera. Martin McColl is United Kingdom based corporate association. Martin McColl has a vote based activity where subordinates incorporate in decision making. Association has a top administrative staff and Steve is a head of manager.