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BMC is famous for its small business practice squad, situated in BMC's London headquarters. This company has added to its increasing inventory of investment in London and Nottingham by purchasing a large, sophisticated, city-authorized eating establishment in Manchester (Turi and Sorooshian, 2019). Due to this, the company has very few policies, for this reason, many staff left the organization. This left a very bad impression on the company. Bear in mind that under the current circumstances, this project will focus on the current strategic plan, critically analyze the worker relationships, and suggest a few practices that can impact the working culture and so forth.
The company, BMC follows a centralized policy of management and a hierarchical organizational structure. The hierarchical structure generally indicates where each employee answers to a superior in the conduct of their business (Parker et al. 2018). It is mostly used by small businesses like BMC. The hierarchical structure has its advantages and disadvantages. The first advantage is clear authority, which indicates that in this structure the authority and superiority of each employee in the workplace are clear. The second advantage is clear communication which is essential to run an effective business. Communication is the key for several issues, it helps in clearing any disruptions and avoiding any possible risks.
The third advantage is better results, in this structure, the organization is considered to be more productive and initially contributes more to the profitability of the company. The structure is considered to be followed by several companies due to its centralized policies (Al Masaeid, 2020). On the contrary, it has certain disadvantages too. The first disadvantage is isolation thinking which states that it does not allow employees to contribute independently and limits their knowledge and skills in their job categories. The second disadvantage is the centralization of power which means that hierarchical structures provide power only to a few people which gives them a privilege over the others and can eventually lead to unfair decision-making. The third disadvantage is endless issues, with the limitation of power and decision-making, the communication among the employees becomes limited which leads to several issues in the workplace and eventually decreases productivity (Parker et al. 2018).
Companies like Cloudreach follow a flat organizational structure which is also known as horizontal structure. The horizontal structure has its advantages and disadvantages. The first advantage is the improvement of communication, it helps employees to communicate better and to avoid any disruptions. The second advantage is that it provides more autonomy and responsibility which means it helps each employee to contribute more to the organization. The third advantage is increasing productivity, it encourages employees and motivates them to be more productive (Al Masaeid, 2020). However, the disadvantages of horizontal structures must be considered. The first disadvantage is the lack of progressive opportunities which means that the employees’ progress and skill cultivation are limited. The second disadvantage is higher workloads, the structure helps employees to reach their sustainability, however, it puts a lot of workload on the managers.
The organizational strategy directly impacts the product and services of an organization. An organization with effective marketing generates more revenue and attracts more consumers to their business. However, organizations with poor or ineffective strategies often lead to financial loss in the company and end up producing inefficient products (Nwachukwu and Chladkova, 2019). Organizational strategies are generally developed after considering, analyzing, and evaluating a company's strengths and weaknesses. It is generally adopted after a thorough analysis of the organization's internal and external environment. However, an organization can switch its strategies and development goals based on any changes or circumstances like diversifying the organization, expanding products and services, implementing improved consumer relationship management, and proposing customer value. Organizational strategies are developed to reach and meet the requirements of consumers so that the company can generate more revenue.
With the implementation of a progressive organizational strategy, a company introduces products and services based on the requirements of their consumers and the ongoing trends in the market. Such introduction helps organizations to retain their consumers and to attract new consumers towards their company and products which eventually helps the organization to build its profitability (Nwachukwu and Chladkova, 2019). Organizational strategies help in understanding consumer behavior before the development of any products or services. It initiates clear belief so that there is no financial damage to the organization. It helps in understanding the market trend and in implementing strategies to improve the marketing of products. It helps to study and understand the other organizational implementation and in modifying them when and if required. It enhances the management of the workplace which impacts the productivity of the employees in revenue generation (Nwachukwu and Chladkova, 2019). It shapes the business and helps in the implementation of strategies in revenue generation, the introduction of products and services, and in building stronger management of consumer relationships.
A few factors need analysis to get appropriate external factors known by evaluating opportunities as well as threats to BMC, such as
Strategic priorities generally indicate the objectives of a company that are required to be achieved to attend a better and improved management. In the case of the company, BMC, there are mainly two strategic priorities that the company tends to implement and they are to change the organizational structure and improve consumer satisfaction. Currently, the organization follows a centralized policy which means a hierarchical structure. The CEO has observed that with the introduction of new products and the expansion of the organization, the need for implementing an improved and better organizational structure has increased.
The organizational structure of a company directly impacts productivity and revenue generation which makes it necessary to stay updated with any changes or circumstances (Turi and Sorooshian, 2019). The company has several products, however, it lacks to satisfy its consumers. With the change in the organizational structure, the company needs to implement better strategies to develop a stronger consumer relationship. The organization is required to study consumer behavior and patterns and introduce products based on them to attain maximum profit. Achieving maximum consumer satisfaction will not only ensure the organization a place and reputation in the market but will also increase its value. It will help the organization to retain its consumers, attract new consumers and eventually increase its profitability (Turi and Sorooshian, 2019). With the implementation of an improved organizational structure, the company will have more productive employees and an efficient workplace which will increase its revenue. It will help the company to organize their products and in attaining better management of their employees in the workplace.
Strategic priorities indicate the initiative that a company wants to attain from a larger task. However, to attain such initiation, a company is required to set its priorities and list its goals (Dunets et al. 2019). The priorities set by the companies must be followed with the strategies that the company will adopt to achieve those priorities. In this case, BMC is required to change its organizational structure from centralized to a more improved structure where the employees are delegated with equal powers and opportunities. The company is also required to improve its communication with its consumers and introduce products and services in the market which will fulfill the needs of the consumers. With the implementation of these strategies, the company can generate more revenue than before and reach its profitability goals.
The employee lifecycle indicates the beginning of work of an employee to his resignation or retirement. The cycle generally consists of seven stages, the first stage is the attraction which starts when an employee becomes aware of a job opportunity and gains more information about the work (Sato et al. 2020). The second stage is being employed which indicates that the employee gets hired in the organization that he had learned about. The third stage is development which indicates the development of skills and knowledge of an employee after being hired in an organization. It signifies the ability of the employee to work in the organization. The fourth stage is performance, it implements managing performance of the employees in an organization, it focuses on how an employee after learning about the management and operations of the organization, implements them in their work and manages their performance in the workplace. The fifth stage is motivation, which means that the employee is ensured to be engaged and motivated by his employer in the workplace so that his productivity increases and he can contribute more to the revenue of the organization (Sato et al. 2020). The sixth stage is recognition which signifies that when an employee works and becomes successful in achieving the target, their hard work and ability must be recognized in the workplace to encourage them to do much better. The final stage is retirement or resignation, it implies that an employee is entitled to be provided with a happy and positive retirement or resignation from the workplace.
On the contrary, all the stages of the employee life cycle are difficult for several businesses to consider as they are moderately brief. Rising demands of employment and a decrease in resources have made it difficult to employ an individual (Sato et al. 2020). The development of skills and knowledge of the employees mostly differ from one another and makes it difficult for managers to track their work performance. Organizations with centralized structures make it difficult for several employees to contribute equally and to be recognized for their contribution. It makes it difficult to motivate the employees in the workplace and engage them in every matter.
Several key themes impact the people practice team, however, there are mainly two issues that are considered to be more concerning and they are finding high-quality talent and workforce trends (Roscoe et al. 2019). People practice initiates the development of an organization, it makes the internal factors of the company stronger and increases the productivity of the employees. Recruiting employees with high-quality skills and talent is an essential part of an organization. It helps the organization to generate revenue and introduce progressive and innovative products in the market. It ensures that the name and reputation of the organization are maintained in the market and that there are no disruptions or damaging strategies.
The key themes of people's practice help in recognizing the significance of implementing measures to ensure that there is fair and equal distribution of power in the workplace. Managing and engaging qualified employees in the workplace increases productivity and helps the organization generate more profitability (Roscoe et al. 2019). It helps the organization to stand out in the market and to fulfill the requirements of its consumers. It helps the company to introduce products that are presently in trend in the market and to ascertain more creativity to their consumers.
The workforce trends or the trends in the workplace are also considered to have an impact on people's practices. It states the significance of adopting peaceful and positive workplace trends which increases the productivity of the employees. Organizations with toxic workplaces are reported to have employees suffering from mental illness as well as physical illness (Roscoe et al. 2019). The workforce trends are required to implement stress management in the workplace which will allow the employees to be more productive and work stress-free. It helps the employees to state their minds and contribute equally to revenue generation. It helps the employees to take better initiation at work and motivates them to introduce products that are innovative and adaptive in the present market. It encourages them to be more active in the workplace.
People's practice or management impacts the organizational structure and strategies of a company. It introduces products in the company and also implements strategies and measures based on the work structure in the workplace (Phelan and Griffiths, 2019). Strong management of employees in the workplace ensures a more productive quality of work and also increases the profit-making of the company it adds value to the reputation of the company in the market and helps in generating a brand name. Ineffective people practice in the workplace generally leads to conflicts and misuse of power which leads several employees to resign from their roles.
Effective people practice management in the workplace increases the performance of the organization as a whole and improves the human resources management of the company (Phelan and Griffiths, 2019). It also helps the organization in implementing strategies to improve its management. Organizations with weak or ineffective management often fail in the market and people practice helps the employers to understand the areas they lack in and to adopt measures to cope with them. It helps the organization to study and understand their efficiency as a team and to adopt protocols to improve their management. It improves the human resource management practices in an organization and provides for better training in the workplace. It also signifies an improvement in product quality and helps in retaining employees in the workplace.
The BMC people practice team has a direct impact on the organizational structure, strategies and in building a stronger consumer relationship (Kang and Kaplan, 2019). It signifies the importance of effective management of an organization for an improved operation. It also elaborates on the importance of building a stronger consumer relationship to achieve maximum value in the market and to build a reputation. It helps the organization to recognize its potential and to adopt strategies that influence progress and growth in the workplace. With efficient management of people in the workplace, productivity increases which eventually leads to better and improved relations of the organization with the consumers.
The BMC people practice team would consult parties to clearly understand their needs and provide them with products that meet their requirements. With effective research and development team and management. consumer behavior and patterns can be studied which will make the commencement of business more efficient and effective (Kang and Kaplan, 2019). It helps to conduct surveys that appropriately fit the norms of the workplace and it helps in gaining a perspective on the consumer requirements. With accurate research and the implementation of the right strategies, the company can effectively study its consumer behavior and introduce products that meet their requirements. Organizations often produce new products that do not do well in the market, however, with effective people practice in an organization, such introductions can be avoided.
The people practice team helps in figuring out the relevant project projects for the organization ensures that the project meets all its requirements and helps in the revenue generation of the organization (Triguero-Sánchez et al. 2018). It ensures that there are plenty of opportunities for each employee to contribute to the project and increases their productivity in the workplace. It ensures that the project has been equally divided amazon the employees and creates a platform for each employee to express themselves through their work. It allows the employees to engage and contribute equally to the profitability of the organization. It leads the organization to advancement in the business and helps in its sustainability in the market.
To achieve success for any organization, it is always necessary to have a good strategy to make the business successful (Turi and Sorooshian, 2019). BMC also has a good strategy, but it also has a few limitations in its strategy like other companies. To make any strategic change for the company, there is always a need to analyze and evaluate the culture of the organization. It can be concluded that the report focuses on performance and organizational culture. It highlights the organizational structure of BMC and compares it with the organizational structure of Cloudreach. It provides for an analysis of connections between the organizational strategies, products, and services, consumers, and revenue generation.
For any company, making a good ambiance has the same impact as consumer satisfaction. This presentation focused on how to improve organizational behavior in BMC. So, that can bring success for internal as well as external success for the company.
Human behavior theories are very important to maintain the behavior in an organization. There are many theories to make a positive appearance in any organization. Such theories are psychoanalytic theories, as we all learn, and so forth.
Learning theory is a process of behavioral training through which people can be taught to change their behavior appropriately so that they can bring behavioral changes in human beings (Triguero-Sánchez, et al. 2018).
Many models and theories can help any organization with better organizational behavior as well as help the management through behavioral change.
Through the help of technology, workers can give appropriate workers in their field. Technology decreases the burden of work in any workplace. As a result, employees can work properly as well as concentrate on their work. Job training in technology can also help workers learn new things and keep up with the advancement of new technologies (Triguero-Sánchez, et al. 2018). Technologies enable workers to save time, allowing them to produce more products in less time. Technology helps the worker in many ways, such as the convenience of transportation, better communication, cost-effectiveness, innovators in a variety of fields, accounting has been upgraded as well as improved learning methodologies, and so forth.
Wellbeing in the working environment is very important to release stress as well as to create a positive environment in the workplace so that employees can be able to do work accordingly. This can help the organization to perform appropriately as well as improve its performance (Triguero-Sánchez, et al. 2018).
Factors that can impact wellbeing
Factors can have a variety of effects that can result in modifications as well as the well-being of any organization, such as
The impact of the good environment is also able to help the company earn a good amount of money that fulfills the organization's growth. Also, in the workplace, well-being plays a very important role in encouraging positive approaches in employees that also encourage them at work as well as help them in many ways (Triguero-Sánchez, et al. 2018).
Following a few simple steps can help to increase workplace inclusion and diversity. These steps are as follows:
The most important thing is to model equal behaviors for all staff in the organization so that misinterpretation will not take place. Make an appropriate program that is based on training so the employee can get training problems to avoid any mistakes. Give the workers appropriate vacation time and set small goals for them so that they can motivate themselves while also doing their jobs properly (Phelan and Griffiths 2019). Make an appropriate strategy for work, so that anyone can cope with the working culture of the organization. Giving employees appropriate and adequate space to work freely also aids the organization in meeting its objectives. Expect staff to submit advice in a variety of methods. This encourages a positive work atmosphere. It also boosts staff motivation and performance (Phelan and Griffiths 2019).
The success of any organization depends on its working culture, as well as the internal environment and external factors. In addition, the internal environment strategy also has an impact on making the working environment better for workers.
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