Brief Analysis of the Compan›’
The Philips Financial Sein’ices is a medium sized organization which is owned bj Nick Philips Thc company is currently functioning in the different situation as it is currcntli facing innny difficulties in the organization regarding the emploj ees. The company » as founded nearly I S months ago and the strength of the employees have increased to 50 in the last six months ii‘Iiich is major advantagc of the company in thc industrr The increasc in thc emplovec strcngth » ould help the company to increase the productivity and also the quality of the services. Ho» ever, the management of the company and the inotii’ation proi’ided bi the employ ers is considerably ii eaL
The organizational structure of the company is also i’ey’ fluctuating u hich ii ould affect the company in the industry (Rajpiit and Talan. 2017) Additionally. the u’orkforce of the company belongs to tlic different culturcs and also from the different parts of the ii orld which » ould help the company to achiei e the desired success within the industry The mission of the company' is to proc ide quality see ices to the customers and also become the leading financial serf ice providers in thc industry . Thc x’ision of thc company is to bccoinc thc lcading financial organization ii hich ii ould gain the profits from the prii’atc and the i’arious clients franchise,
Brief Analysis of the Inilusty’
The financial sector of the country in ii hich the company of Nick Philips is currently functioning is capable of proi’iding different employiiieiit opportunities » hich includes the accountin g. finance and banking, planning of the finances, insurance, pensions and investments and also the taxes of the different organizations. The description of the serf ices u hich are a ailable ii ithin the indiisty' are provided as follow s'
Accounting: The scrvice majorlv eiicompasscs the diffcreiit accountants of the finances u hich are majorly responsible for the mar • s• ment and also the reporting of the accounts of the business that mainly functions on behalf of the organization(Barak, 2016). Morcoi’cr. thc rolcs of thc cinploymcnt arc also ai’ailablc for thc firms ii hich arc belonging to the different sizes and also for the not-for-profit organizations.
Finance and Banking : The finance and the banking sector » ithin the industn regarding the employers(Barak. 2016) The banking and the financial scctor ii ould hclp the diffcrcnt societies along is ith the different indii’idiials to innnagc thc diffcrcnt monctan segments u’hich includes the loan. insurances and mortgages
Financial Planning: It is essential to understand that the major focus of the job is on the adi’isoy’ scri’ices which includes to support thc pcoplc to achici’c thc dcsircd financial futures.
Addressing within the Proposal
The proposal i 'hich is currently being carried out to help the company to solve the major issues u hich are regardii s ie employees. The major issues u hich are affecting the s rou th of the company are related to the lacL of moti ation and the increase in the stress let el of the cinployccs ii hich reduces the prodiictix’ity of the finn Thc proposal for thc Philips Financial
Firm »’ould also includcd the most important aspcct which is ould function as the organizational structure as it u’ould help the company to attain the desired grou’th u ithin the industy (Singh.
20.1 h). The proposal i ould also include the procedures which i ould help in ininnnizing the built' factor i 'ithin the organization The proposal » ould also suggest the coiiipany to prepare a dii erse » orkplace with the different cultures which mould help in the promotion of the ethical ii orkplacc ciilturcs
The changes in the organizational structure of the firm » ould help the managers and the employers to enhance the situation of the organization.
Proposed Organizational Structure for Company
The structure ii’hich is proposed for the firm is the tall hierarchical stricture »’hich ii’ould allow the company to attain the grou th by maLing the proper decisions and also bi implementing the better stratcgies which ii’ould help the company to overcome thc persisting issues. Thc tall hierarchical structure of the company » ould include the different members of the organization in the decision-making processes (Rojas. 201S). Additionally, the structure u ould also help the company to gain a sustainable competitii‘e ad antage ii‘itIiin the industo‘ as » ell It is also considered thnt the company rcqii mcs thc different siagcs of Glnployccs to nndcrstand thc dcfinitc roles and responsibilities u hich u’ouId help the company to proi’ide a better u orkplace. Morcover. the inotn’aiion lei’el ii ithin thc company ii’ould also incrcase and the bullj ii’ithin the company » ould bc reduced
project management assignment help, business management assignment help, business management assignment, management assignment help services, strategic management assignment help, management accounting assignment, management homework help, marketing management assignment help, humnan resource assignment help, human resource management assignment help, managerial accouting assignment help, management accounting assignment