BEING A FLEXIBLE ORGANSISATION Flashcards

1
Q

FLEXIBLE ORG are able ot

A

anticipate changes and respond to them quickly

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2
Q

if thers constant changes in the external enviro then irg need to be

A

flexible enough to respond to them

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3
Q

ir org cant repsond to changes in exrternal orinternal enviro then org wont

A

survive for long

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4
Q

how can you be a flexible org - finance

A

finance - having reserves of cash(being liquid) and not being hihgly geared

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5
Q

why do we want to have reserves of cahs and not be hihgy geared

2 points

A

paying lots of money back stops us from being flex as if sudden change in external enviro its useful if weve got cash we can throw at that

being highly geared - means more inflexible to borrow money as less likely to get another loan if got lots of debt

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6
Q

how can we be a flexible org - marketing

we can conduct

this makes us

A

conducting regular mkt research allows us to be aware of changes in consumer demand
and anticipate changes before they come through

making us more flexible in repsonding to them

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7
Q

how can we be a flexible org operation

4 points

A

short lead times -

JIT -

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8
Q

how does short lead times allows us to be a flexible org

A

fulfill customr orders quick

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9
Q

how does JIT allows us to be a flexible org

A

respond to customers’ needs by quickly increasing the production for an in-demand product and reducing the production for slow-moving items.

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10
Q

how can we be a flexible orrg HR 4 points

A

HAVING HIHGLY SKILLED WORKforce -

making use of peripheral workers - e.g part time seasonal -

making use of diff types of employment contracts 0 hours , jobsharing

DECENTRALISED DM -

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11
Q

how can having a hgihly skilleed workforce make bs more flexible

A

more likely to be able to anticipate and respond better to changes

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12
Q

how can making use of peripheral workers help a business to be more flexible

A

got pool of reliable workers we can get in to help out if theres unexpected icnreases ind demand

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13
Q

how can decentralised dm

A

to enable those staff who in touch w customers to make descison those customers would want/suit cuastomers

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14
Q

how can making use of diff types of employment contracts help a business be flexible

A

allows flexibilty with ho we manage workforce

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15
Q

opportunity cost of holding large reserves of cash etc

A

maybe better to invest in new machiner/trainign workers

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16
Q

negatove of doing market research

A

cost of conducting mkt research and stayog close to customers

17
Q

negative of being flexible within operations / 4 consideration

A

JIT menas mainatain psoitive relaitonships w suppliers

may get tied into one supplier if oprating in JIT production whihc may reduce flexibilty

NEED for workforce to be afaotable anf hihly skilled whihc is costly

need to beenfit from customiation and EOS if gonna be flexible enougho meet changes in D

18
Q

negative/considerations for HR in beng flexible

A

IMPACT of morale of peripheral workers - if nnly used for a smalla mount of year dont feel got job security -n conflict w maslow

flexible working contacts can create stress - esp 0 hour contracts

being flexible reuires reducndancoes to be made - lookig to become more flexible = do delayering which can damge morale as people loose jobs or get moved down to tier below

19
Q

f

A