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This is a new business environment report for the CEO
that focus on changing the current environment of business and present it to
the planning team for implementing the change. The change that is doing to make in the
company aims to optimize the overall operations of company and make company
more visual and well reputed in the market. Some of the main component that us
needed to consider while bringing the change are following
1.
New Technology of
The new systems and technology
needed to implement to increase the quality of product. it would also increase
the speed of production.
2.
Customers’
Needs
The marketing research will be
conducted to understand the needs of the customers that would also help to delivery
right product to them.
3.
Business
Profitability of
By implementing innovative technology and improving the product quality
and production the profitability of business will automatically increase.
4.
Employees
Training of
The training sections for the employees of the company will be conducted
that improve the technical skill of employees.
5.
Sustainability
Of Products of
The sustainability of the business will be increase by minimize the use
of plastic in the product.
6.
Marketing
& Promotions of
The business is going to start
using social media for the promotions of their products.
7.
New
Employee’s Policies of
The new employees
policies are also needed to make to improve their productivity for example
incentive will be given to capable employees and more break hour will be
increase for the customers.
8.
Socially
Responsible of
The business also
take part in the social activities such as annually conducting seminars and social
campaigns to get engage with the community in which they are working.
9.
Improving
Communication of
There communication between employees and upper manager will be increase
to increase the productivity of company and decreasing the problems and risk
between employees
10. Monitoring of
After
the implementation all business environmental change, it is important to monitor
the impact of change on regular basis.
References of Business Environment
McKee, J., n.d. Five rules for the new business
environment. [Online]
Available at: https://www.techrepublic.com/blog/tech-decision-maker/five-rules-for-the-new-business-environment/
[Accessed 16 March 2016].
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