BEING A FLEXIBLE ORGANSISATION Flashcards
FLEXIBLE ORG are able ot
anticipate changes and respond to them quickly
if thers constant changes in the external enviro then irg need to be
flexible enough to respond to them
ir org cant repsond to changes in exrternal orinternal enviro then org wont
survive for long
how can you be a flexible org - finance
finance - having reserves of cash(being liquid) and not being hihgly geared
why do we want to have reserves of cahs and not be hihgy geared
2 points
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
how can we be a flexible org - marketing
we can conduct
this makes us
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
how can we be a flexible org operation
4 points
short lead times -
JIT -
how does short lead times allows us to be a flexible org
fulfill customr orders quick
how does JIT allows us to be a flexible org
respond to customers’ needs by quickly increasing the production for an in-demand product and reducing the production for slow-moving items.
how can we be a flexible orrg HR 4 points
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 -
how can having a hgihly skilleed workforce make bs more flexible
more likely to be able to anticipate and respond better to changes
how can making use of peripheral workers help a business to be more flexible
got pool of reliable workers we can get in to help out if theres unexpected icnreases ind demand
how can decentralised dm
to enable those staff who in touch w customers to make descison those customers would want/suit cuastomers
how can making use of diff types of employment contracts help a business be flexible
allows flexibilty with ho we manage workforce
opportunity cost of holding large reserves of cash etc
maybe better to invest in new machiner/trainign workers
negatove of doing market research
cost of conducting mkt research and stayog close to customers
negative of being flexible within operations / 4 consideration
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
negative/considerations for HR in beng flexible
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
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