The Way Forward Case Study Solution
Introduction
The main goal of establishing an On-site Refueling is to develop a strong management that seeks and mentors the role of managers and employees in achieving the end goals of On-site Refueling.The main purpose of the management is to synchronize and integrate the human resource and skills with the business strategy of On-site Refueling,in doing so, many aspects of management are taken in account, which includes the motivation of employees, the recruitment policies, channeling of resources and the development of competitive advantage in the market (Bolmon L, 1991, p. 6-7). The main purpose of developing a strong management is, it outlines and portrays the right path for On-site Refueling to understand what is lacking in On-site refueling in terms of management and resource management.Also, the management learning and understanding allows mangers and the upper managerial level the need and gap present in On-site refueling in fulfilling the market demand. In addition, these management theories and practices allows On-site Refueling to understand the channel of how things can be achieved using the available resources (Hamel, 2008, p. 4).
Also, these management theories and practices allows On-site refueling and the managers to understand the roles and behavior of the individuals in a situation and hence leads to the development of effective training and other development programs that carves the features of training to train the future managers for the sake of alignment with On-site refueling goals.
On the other hand, along with Management theories and practices implantation, the idea of strategy development and innovation has taken the market into its grip (Barsh, et al., 2008, p. 1).Since in traditional approaches On-site Refueling developed the strategies to develop its position in the market.However, in the current content, due to the change in market, organizations are more concerned to develop the strategies that inculcates the demand and behavior of the customer towards brand to enter and tap the market and developing strong customer base (North house, 2007, p. 12). All these perspectives have with held the importance of learning strategy development in the organization.Over the past few decades, the focus of strategy makers has shifted from stiff strategy to develop a flexible strategy means that the flexible strategy will adjust itself with the current market need. This approach has been developed due to the turbulent market situations and the dynamics ofthe market in which On-site Refueling is operating. Since the approach of developing a stiff strategy has hindered the performance ofthe organization to operate in shifting dynamics, the focus has now been shifted to flexible strategy development.
Lastly, it is realized that over the period, the role of leadership and leadership stactics has greatly transformed the dynamics of On-site Refueling working environment and culture (Miller, 1987, p. 1). With the surge of diverse human resources and the understanding of the team roles, the leadership tactics have greatly been emphasized to shape a certain culture in the organization that aligns the business strategies with On-site Refueling culture. Also, these leadership tactics and approaches have allowed On-site Refueling to bring change in On-site Refueling to reduce friction and to improve the adaptation to the current market needs. All in all, these three areas of management in On-site Refueling have allowed it to transform itself with the modern dynamics of working in the market, that allows it to develop the competitive advantage, sustainability and long-term uniform profitability in the market.
Diploma in Management
The diploma in management has enabled meto understand the theories, research models and techniques to develop a strong management base in On-site Refueling. It has offered me with the wide knowledge of the implementation of certain tools, like SWOT, Pestle and Porter 5 forces, to understand the factors that are important to analyze before developing any certain type of management system in On-site Refueling. Since, SWOT analysis outlines the strengths,weaknesses, opportunities and threats of On-site Refueling, it has allowed me to ponde rover the organization’s key specifics that come under these areas, hence allowed meto channel the resources and in the development ofa vision to lead in the market(Rogers, The Decision-Driven Organization , 2010). It has also helped me to understand the current level of management in On-site Refueling, its effectiveness and its adherences to the principals of management,which again allowed meto identify the loop holes in the organization’s management policies and tactics. It has laid the foundation to understand the essence of strategy making, effective communication, financial and non-financial resources, and effective human resource base to support the management end goals. All in all, the management diploma has allowed meto outline, identify, analyze and implement the understanding of the organizational functions to improve the organizational capacity and to maximize profits in the long run.
Under the Management Diploma, I have been exposed to different aspects of the management learnings which are discussed below.
The Way Forward Harvard Case Solution & Analysis
Strategy
Strategy is an important element of devising and establishing an effective, accurate management system in On-site Refueling. It is the fundamental strategy that frames the overall operations, functions and vision of the business, it plays a vital role in developing management system that cohorts with the strategy and thus with the business strategy. Under strategy building and understanding of the key aspects like strategic management, I have learned that the strategic planning which includes the channeling of resources, development of a plan and implementation of the strategy, are the key aspects to developing a strong competitive strategy for the organization.It has also allowed me to understand why the step by step planning of the operations and resources is important to develop a strong Management plan. Since strategy and strategic management allows the manager to lay out a tentative plan during the key strengths and weaknesses while tapping the opportunities and addressing threats, it has allowed meto visualize the organization performance in respect to strategic management.....................
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