Sunday, February 23, 2020
Opening Premier Inn hotel in Mauritius Essay Example | Topics and Well Written Essays - 2000 words
Opening Premier Inn hotel in Mauritius - Essay Example There is also the strategy of wholly owned subsidiaries a form of foreign direct investment that includes acquisitions and the Greenfield investment. The Greenfield investment is preferable if there are no competitors in Mauritius and it is a high-risk strategy. In addition, the hotel can consider acquisitions since it is a technique that can help to actualize higher human potential. It also contributes to lower risk than most of the entry models (Hill, 2014). The best design for the hotel is Foreign Direct Investment by procuring land, plant, and workforce in the host country. The hotel can set up a subsidiary that is wholly owned in the country by establishing a branch from the ground. In doing so, the hotel will be using the Greenfield strategy; on the other hand, it can also acquire a plant in the target foreign market (Hill, 2014). The hotel will experience significant benefits in the acquisitions. Firstly, purchases are quick to execute. The hotel should acquire an already established enterprise in Mauritius, by doing so it can quickly build its presence in a foreign target market. Therefore, the Premier inn hotel should do the same (Razin and Sadika, 2007). Secondly, the hotel should make acquisitions as a tool to pre-empt competitors since in Mauritius there are many investors in the hotel industry. The need for the pre-emption is especially prominent in markets that are rapidly globalizing. Thirdly, managers of the Premier inn hotel may view acquisitions as less risky than a Greenfield venture. Practically when the hotel purchases another hotel in Mauritius, it buys a number of assets that generate a known profit stream and revenue. On the contrary, the profit stream and income produced by a Greenfield venture is indeed uncertain simply because it does not yet exist. Acquisition made at the Premier Inn hotel in Mauritius; it does not only acquire a number of tangible assets. For example, it will
Thursday, February 6, 2020
Organisational Development Process Essay Example | Topics and Well Written Essays - 3750 words
Organisational Development Process - Essay Example This model is a tool that can help any organization, regardless of its size, to move toward organizational excellence. The model can help you align resources; improve communication, productivity and effectiveness; and achieve strategic goals. For organization development process a model is essential, for analyzing and managing organizational problems. The model is relatively simple to understand and easy to visualize. A depiction of the mode identifies both driving forces and restraining forces within an organization. These driving forces, such as environmental factors, push for change within the organization while the restraining forces, such as organizational factors (e.g., limited resources or poor morale), act as barriers to change. To understand the problem within the organization, the driving forces and restraining forces are first identified and, hence, defined. Goals and strategies for moving the equilibrium of the organization toward the desired direction can then be planned. The model relies upon the change process, with the social implications built into the model (e.g., disequilibrium is expected to occur until equilibrium is reestablished). The general goal of this model is to intentionally move to a desirable state of equilibrium by adding driving forces, where important, and eliminating restraining forces, where appropriate. ... To understand the problem within the organization, the driving forces and restraining forces are first identified and, hence, defined. Goals and strategies for moving the equilibrium of the organization toward the desired direction can then be planned. The model relies upon the change process, with the social implications built into the model (e.g., disequilibrium is expected to occur until equilibrium is reestablished). The general goal of this model is to intentionally move to a desirable state of equilibrium by adding driving forces, where important, and eliminating restraining forces, where appropriate. These changes are thought to occur simultaneously within the dynamic organization. Chapter 01 "Introduction" Weisbord's Six-Box Model: Weisbord's (1976) proposes six broad categories in his model of organizational life, including purposes, structures, relationships, leadership, rewards, and helpful mechanisms. The purposes of an organization are the organization's mission and goals Weisbord refers to structure as the way in which the organization is organized; this may be by function, where specialists work together or by product, program, or project, where multi-skilled teams work together. The ways in which people and units interact is termed relationships. Also included in the box of relationships is the way in which people interact with technology in their work. Rewards are the intrinsic and extrinsic rewards people associate with their work. The leadership box refers to typical leadership tasks, including the balance between the other boxes. Finally, the helping
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