BTEC BUSINESS LEVEL 3- UNIT 6 -Principles of Management on CLOCKWISE LTD PowerPoint Presentation and Speaker notes
This Distinction Presentation contains 6 slides has thorough DISTINCTION Level research on Clockwise Ltd.
The presentation includes 6 slides of Clockwise Ltd Issues that need c...
btec business level 3 unit 6 principles of management
Written for
BTEC
PEARSON (PEARSON)
Business 2016 NQF
Unit 6 - Principles of Management
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Clockwise Ltd – Issues
that need addressing
• Business is in decline – Net Profit Margins falling despite an increase in
revenue
• High staff turnover
• Increase levels of competition
• Business not adapting to the changes in market and no innovation
• Management style and leadership – Laissez Faire
• Roles of the Founders
• Lack of vision and forward planning
, Managing Change – Why do they
need to change
• Internal factors influencing change – change in management and leadershi
• Factors for Clockwise are – decreasing profit margins, no leadership,
increasing costs, need to be consultative and transformational and no visio
or values shared upon the workers.
• External Factors can change – level of competition and maybe national
economy
• For Clockwise this is – level of competition as rival companies are offering
Clockwise workers better working environment and high salaries and being
more innovative for meeting the users needs which Clockwise is struggling
innovation.
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