1.AGL business Background 1.1History The Australian Gas Light Company was built in 1837 in Sydney. The AGL listed on the Sydney Stock Exchange. They expanded their business into electricity in a kind of different locations. The company also as the first company which launched gas purification in Australia, that can be used in private houses. AGL was a pioneer the new nylon pipe technology, to prevent from gas leaking. The company and Alinta Limited agreed to merge in October 2006. They merged about the infrastructure assets as well as separation of The Australian Gas Light energy. Hence, Federal Court of Australia ratified the merger among them. Then, AGL started on the listed on Australian Stock Exchange (ASX) in 2006. In 2016, the company …show more content…
AGL energy has a broad of strategic maps to enhance its strength and notice about opportunities and challenges ahead. It also helps to improve business performance and the transformation of AGL position for the success company. To deliver the growth and overcome the challenges, AGL should consider three points Position of Transformation In order to sustain in the current situation, AGL should make a business processes faster and they need to quick respond when there is an advantage to take opportunities. This make sure AGL does well, follow the process. The company also need to have a partnership business as well as supply chains. AGL should create a new organizational structure to give a space for internal culture. In addition, the company is encouraged to have a talent pool for giving training and improve employees’ ability. Drive Productivity Focusing more on industry competitiveness is good to improve the company’s productivity and it impacts to the positive returns. There are two ways the company can do, enhance capital allocation and operational productivity, as well as reduction of cost of operation and capital
Capital allocation. Every dollar you raise and spend should produce more than $1 of return for the company, or it’s a waste of money. Learn how to make these judgements.
Explain how the management of human, physical and technological resources can improve the performance of a selected organization.
Rocket-Blast, LLC, a beverage maker, has seen its profit margins reduced which presents a real problem for the company going forward (Precord & Macdonald, nd). Management has decided that operating costs must be reduced in order to increase profit margins to
In conclusion, this organization should focus more on their employees and less on profitability. This reasoning comes from the idea that efficient and appreciated employees will dictate the future of an organization through their quality of work and their outlook on the company they work for. Implementing rewards for employees and showing appreciation towards them will make them feel honored to work for such a company. In addition, word of mouth from employees will dictate in the inflow of new or current customers. If employees are treated fairly and respectfully, they are more likely to recommend their place of employment for shoppers. Finally, the implementation of a hybrid culture will benefit the company by meeting the needs of the employer, employees and customers alike.
The Australian stock market has over 150 years of exchange experience, with regional markets dating back to the mid 1800s. This prior market experience created a platform for a national stock exchange to build upon, and with this, the Australian Securities Exchange or ASX was formed on 1 April 1987. The ASX provides a clear and regulated environment where companies and investors of all sizes can come together.
...ng conditions as well as overall organisational performance. Due to being intrinsic rather than extrinsic the company does not incur a high cost and thus would be able to retain and motivate employees further.
Organizational changes that reduce cost. The M&S reduced its management levels to reduce the cost.
Alternative 2: Pursuing with the increases operational cost because of the execution of a mailing and advertising campaign which is added above as marketing expenditure. The additional $600,000 budget does make a huge difference in the outcome of the company’s net income.
The company's management put a lot of emphasis on taking care of its employees, encouraging an entrepreneurial spirit, treating each other with respect, and being committed
...ventory and operational expenses decrease. Once the constraint is determined, the five-step process is followed to find out how to fix or correct the restraint.
In November 1997, the acquisition of APL by NOL was successful. As compared to the larger US based APL; NOL was a small Singapore firm. Through this acquisition, it appeared that NOL was ready to become an industry leader in the shipping industry. Thus this acquisition is a strategy through which NOL buys a controlling, 100 per cent, interest in APL with the intent of making the acquired firm a subsidiary business within its portfolio. Thus APL became a wholly owned subsidiary of Singapore based NOL, a global transportation and logistics company engaged in shipping and related businesses.
The strategic recommendations provided will improve and enable the business to cope with the competitors, while the implementation of the strategy section will outline the way to go about achieving these alternatives in the business setting. Lastly, we put up a discussion on the evaluation procedures and necessary controls for the business. In the case study, it was discovered that there were sources of opportunities in which the company would invest.
2. by moving to OPEX to reduce CAPEX and pay model constantly to help reduce capital expenditure on software and hardware.
Without elaboration, outline strategies that may either make your organisation a Learning Organisation, or improve its performance as one.
Although many think of the firm as American, its origins can be traced to the United Kingdom. Price Waterhouse’s beginning started in 1849 when Samuel Lowell Price opened his accounting practice in London. In 1865, Price joined forces with fellow Brits, Holyland and Waterhouse. They renamed the firm Price Waterhouse & Co. Similarly, Coopers& Lybrand started in the United Kingdom, when William Cooper opened his firm in 1854; it was later known as Cooper Brothers. In 1957, three firms, Cooper Brothers (U.K.), McDonald, Currie, & Co. (Canada), and Lybrand, Ross Brothers, & Montgomery (U.S.) merged to form Coopers & Lybrand. Price Waterhouse and Coopers & Lybrand were both extremely successful from the 1960s through the 1980s, adding to their menu of services and expanding internationally. In the early 1990s, a wave of consolidation in the professional services industry driven by potential synergies and economies of scale led to the merger of Price Waterhouse and Coopers & Lybrand. Thus, Pricewaterhouse...