Saturday, February 15, 2020

A comparison between Biolegia PLC and Sleepeasy chain of hotels Essay

A comparison between Biolegia PLC and Sleepeasy chain of hotels - Essay Example This is referred to as organization structure (Schein, 2010). Each and every organization can be structured in its own way depending on how it aims to achieve its set out objectives (Alvenson, 2002). The purpose of the organizational structure is to ensure a standard of operation upon which the organization can rely on as its employees execute their duties (Keyton, 2002). The structure also dictates who is able to participate in what kind of decision making activity thus affecting the organization. This paper aims at looking at two different organizations and their structures. The paper will compare the structures of the two organizations in terms of their approach to team work, their structure and design and lastly the cultures in the organization. Objectives 1. To compare approaches to teamwork by structures of two different organizations 2. To compare organizational structures and designs of two different organizations 3. To compare cultures in two different organizations Comparis on of approaches to teamwork and team working Looking at the two case studies above, it can be revealed that there is a big difference in the way Biogenia Plc and Sleepeasy chain of hotels approaches the issue of teamwork among its employees. In the case of Biogenia, teamwork is encouraged among its employees right away from the time they are recruited into the company to the time they are released into the field to go and represent its interests in various countries. Biogenia employees people of different nationalities to work for them in a particular station as seen by 20 people of different nationalities working for the company and also the team that was sent to develop a pesticide in South Africa. On the other hand, Sleepeasy chain of hotels has been found not have encouraged the spirit of diversity, and in any given hotel, people of the same ethnic group are found to be working there in large numbers. Biogenia employs people who have expertise knowledge in different fields such as Biology, chemistry and Information technology then distribute them to work in different departments within the company. The benefits of this include the fact that employees are able to cope with each other on a personal basis, and hence their experience is brought together for the good of the organization (Frost, 1991). There are also other activities within the organization that serve to ensure that the spirit of teamwork is maintained e.g. going to a gym that has been subsidized by the company and sparing time to have fun when on company like the one in South Africa. The productivity of the company is also enhanced by people who are qualified to do a job that entails different tasks; the firm has been able to bring together different professionals to work for it hence creating a team that is powerful in execution of its duties. Sleepeasy has not keenly embraced the issue of diversity in its recruitment procedures thereby coming up with a team that works towards a common goal h as been difficult. The hotel employs people of the same ethnic group in every country that it operates in and hence streamlining employees with the organization’s goals has been a bit difficult. The company also lacks activities that can encourage a spirit of teamwork among its employees and has gone as far as not being able to recognize trade unions. The operation pattern within the organization encourages a spirit of individualism because each employee is treated as an individual, hence employees do not work as a team in achieving companies goals objectives. The company does not organize meetings of employees on a regular basis like Biogenia to monitor the progress that has been made by each

Sunday, February 2, 2020

Assignment 2 Article Example | Topics and Well Written Essays - 750 words

Assignment 2 - Article Example The Four Seasons Hotel and Resort provides the quarterly report for all the stakeholders as a means of reporting their performance. Through this report, the company tries to let its shareholders know how they have performed for the past time. The key matrixes provided are meant to compare the company’s performance presently with the previous year’s performance. After making their comparison, investors can therefore begin to gauge the financial credibility of the company (Weygandt and Jerry 32). This determines for the investors whether or not the company deserves their investment. The company provides the report to show to their stakeholders such things like; their earnings per share, their net income as well as their earnings from continuing net sales and operations. The report also demonstrates to the investors that they are really achieving their goals by displaying the present cost of each share and the profits obtained. The investors aim at making investments in a performing company. This is therefore demonstrated through the quarterly report of the company. According to the report, one region shows a greater performance of financial growth than the others. Each region’s financial growth is determined by several factors. Management in each region is one of the key factors that would determine the financial growth of the region. Poor management of funds would lead to the regions failure in achieving its set goals for their financial growth. The availability of stable investors would as well contribute to the financial growth rate of a region. If there are poor investors who invest small amounts of funds with the company, the company is likely to register low growths in its resources. High demand would also contribute to high growth rates. If the company has marketed its opportunities well, it attracts more investors. The region would register high financial growths in the regions where labor and cost pressures are relatively low. Safety of a region may also determine the financial growth rate of a particular company. In a place of high crime rates, the financial growth is lower while it is highest in regions of high security. Group meetings did not improve in the quarter while Las Vegas market was exceptional. This was because January and February are not strong months for business or groups and meetings demand. Cost management and revenue improvements increased while there was the continued pressure on profit margins as a result of higher cost mainly relating to worker’s compensation Health care insurance and energy. Groups and meeting were therefore considered unnecessary by many stakeholders. Lack of much commitment to working on them resulted to the lack of improvement (Weygandt and Jerry 34). Incentive fees increased by twenty five percent in the first quarter as compared to the previous time and were attributable to an improvement in gross profits at the properties under management in all regions. The increase could be as a result of more consultants who required ideas and information on improving their programs due to lack of demands during the months of January and February. This did not make the bottom line for all four seasons Hotel due to the changing demand by investors. â€Å"Other income† is the income generated from activities that are not carried out in the normal course of the company’