MMP_4_MAO Management and Organisations Sample
1. Five key developments affecting fashion industry
Being appointed as a management consultant associated with fashion Co which is regarded as one of the largest fashion retailers which has been established across UK it is essential for outlining key development that are estimated to affect the fashion industry. 5 key development which are unknown to affect the fashion industry can be demonstrated as:
- Shifting to online sales
As the huge growth often estimated to carry a cost. Das sudden outbreak of a COVID-19 pandemic has been estimated to highlight then the influence of a digital and innovative across all stages of the customer a journey. It has so often lead to incorporation of a step change in proportion of an apparel cell that are unknown to be occurring online. Or from a report it can be demonstrated that the consumer appetite for implication of a discovering and a purchasing the apparel online is now firmly known to be entrenched. According to forecast gained from retail economics it can be demonstrated that around 50.4% of UK April sells in 2022 which was compared to be 35% in pre-pandemic era of 2019 (Coulshed et al. 2018).
- Reimagining stores showrooms along with promoting the personalization
The sudden outbreak of a pandemic situation has often induced shift to online activities and subsequently impact on store-based sales that has been known to magnify the urgency for retailer to adopt the long-term process.
- Implication of a digital innovation
The digital innovation it’s considered to be a beneficial as it aims at a promoting the social converse along with implication of metaphors. It can be noticed that when a digital uptake source them arises need for apparel retailers for innovating and embracing new technologies (Hughes and Wearing, 2021).
- Managing the supply chain
in a context of a managing the supply chain it is the sole responsibility of a management associated with fashion industry to mitigate the long-term disruption along with the managing the high cost pressure.
- ESG along with a managing the circular economy
In order to manage the fast fashion to resale circular economy plays an important role that in turn assists in enhancing or accelerating the profitability scale of a fashion industry.
According to the case study it can be demonstrated that the fashion Co company was known to be initiated its operation of a business in financial year 2015 and since that time it has known to be a traded solely through it’s a physical form of retail stores. This business is a presently being structured by fashion and by sudden outbreak of a COVID-19 has result in bringing substantial challenges to this business. At the initial level the retail closure was imposed by different UK lockdown saw that it’s 30 different shops were being closed for the duration of this long lockdown. Secondly the lockdown scenario when it was declared by government it also meant that all the office work needs to be quickly moved online at the staff needs to be provided walk from home facilities (Hadley and McGrath, 2021).
2. Technological factor
Technological factor is the considered to be an essential a part that aim at influencing the business expansion plan. In a present day a technology cannot be considered as a choice rather it can be regarded as a need from the management consultant point of view. Uses of innovative technology it’s considered to be important when it comes to develop or improve the fashion industry. A small and medium scale fashion industry will not achieve its height and will fail to be become successful if the innovative web technology is not used. The fashion industry often incorporates about using proper marketing strategy. The effective form of a marketing often comes from appropriate uses of innovative technology (Fisher, Newton and Sainsbury, 2021). These technological factors that are unknown to impact largely on fashion industry can be discussed as follows:
Implication of online shopping
In a current financial year, the business cannot find any single household that has not ordered any clothing item from online. After sudden outbreak of a COVID situation the online shopping offer Aprils became easy and convenient as it is saved time and energy, door to door delivery along with the price are estimated to be within the budget. these easy accesses often made the fashion industry boom in recent years after the COVID scenario (Hughes and Wearing, 2021).
Show of television
There are different television shows that often provide encouragement to people to fall in love with the fashion each item which is a considered to be showcased in a test fashion related shows Are estimated to be in trend within fashion industry moreover people often get influenced by different models. This is a model plays an important role in a boosting the booming fashion industry and its revenue within the Press of a single button (Brook and Abbott, 2022).
From the case study it can be a demonstrated that the technological factor it’s considered to be the most essential external factor that are likely to influence the business form of expansion plan. After COVID-19 pandemic the management of the fashion Co company have undertaken decision to expand the business to online market with the primary aim of a complimenting the sales which are deriving from different physical stores. In addition, they have also a decided for expanding the business to European market by establishment the physical presence in different parts of the country including France Germany and Italy. On the other hand, technology, it’s also the beneficial factor as the top-level management associated with the specified fashion industry often aim at adopting a hybrid model of walking combining working both in the office as well as working remotely (Pithouse, 2019).
Apart from other factor technological factor has been regarded as a beneficial as the pandemic crisis has made the board of director along with executives associated with the fashion industry to reconsider the business strategy of a particular company implication of its structure and its way of working with its staff. They have also decided that the fashion company is required to diversify the market within which it tends to operate and thereby making more flexible for adopting the future changes (Hughes and Wearing, 2021).
3. Organizational structure and culture
Organizational structure often defines a hierarchy within the business organization. The 2 most important organizational structure that are primarily being used by business include a flat organizational structure as well as in hierarchical organization structure. Hierarchal organizational structure its suggested to be adopted by fashions with aim of facilitating collaboration along with managing teamwork among different workers. The hierarchical organization structure is suggested which is also known as a pyramid-based organization chat where the chain of a command it’s a primarily being followed from the top-level hierarchy to lower level staff or manager. Apart from other organizational structure other structure is being followed as it aims at better defining the level of authority as well as responsibility.it is also beneficial as it often motivates employees with a promoting the clear form of career path and provided chances of for a promotion (Pithouse, 2019). A hierarchical organization structure it’s a typically used for a large business venture as it often relies on possessing different level of authority data possess a train of a command connecting different management level within the business organization (Payne, 2020).
In this organizational culture the decision-making process is it typically considered to be a formal and it often flows from the top to down authority. It often creates a tall organizational structure where each level of a management team possesses clear lines of responsibility as well as promoting the control process. As the business organization tend to grow the total number of level increases and the structure aim at growing taller. On the other hand, the total number of a manager at each level aim at a providing the business organization the resemblance of a pyramid. The hierarchical structure often notes to get wider as the pyramid moves towards the downward level. hierarchical structure can be a beneficial to business as it aims at its stabling clear lines of authority along with a maintaining the process and structure of reporting within the business sector. With this a hierarchical structure it’s also beneficial as it aims at a promoting clear level of understanding based on roles and responsibility of a different staff as well as employees (Kalogiannidis, 2020).
On the other hand, apart from flat organizational structure hierarchical structure is being followed as it often provides clear path and development of a prospectus that also aim at motivating employees to conduct the roles and responsibility in an efficient manner. It is also important as it provide varied opportunities for employees through following a narrow span of a managerial control. A culture of a loyalty is also maintained toward developing the team members, working towards achievement of a common goal along with the managing a different department of a business venture.
from the viewpoint of a marketing consultant it can be a demonstrated that the fashion it’s a primarily being influenced by implication of a cultural changes. This is a cultural change include analysing high level of modernization implication of art and even incorporating the technological innovation. Their lies Apparent interaction of a different shifts that arises due to lifestyle of a different consumers implication of a fashion as well as a nurturing the culture. In this regard it can be demonstrated that it is essential for realising that a fashion it’s a primarily made by people who are residing in a varied culture and in different location (Klimova, Klimova and Dubinka, 2019).
As being appointed as a management consultant for working in a fashion Co the report can be drafted to executive board that by a following the democratic form of a leadership style both executives and a manager can adopt on a supporting the organizational culture of a business.
4. Types of leadership styles
Democratic leadership which is also sometimes known as participative leadership incorporate letting a multiple people or staff working within an organization to participate in the decision-making process. The democratic leadership is a considered to be important rather than other style of leadership as it often encourages brainstorm and provide a wide range of innovative idea that are received from other group members. The democratic form of leadership often leads to promote high level of innovation within the business, unique process of a solving the problem along with a providing creative solution. In a fashion industry the democratic leadership it’s considered to be beneficial as it often aimed at a providing encouragement as well as empowerment to different team members to work with collaboration and high uses of a communication (Bolten, 2020).
According to case study the major difficulty faced by managers when staff feel demotivated and disengaged and many of them this sided on leaving the organization after sudden attack of COVID pandemic. in this scenario as recruited by the management consultant it is suggested to follow the democratic style of leadership as it helps in creating the job satisfaction among different employees. This approach of a leadership it’s also beneficial as it often encourages high level of innovation and incorporating creative solution to mitigate the organizational issues and problem. in this type of leadership with the decisions are being incorporated by taking suggestion or assistance from other managers. Apart from autocratic leadership democratic leadership is being suggested as it often aimed at enhancing morally and job satisfaction along with the billing the team form of a relationship. By following this set type of leadership, a business can enhance its operation as honesty is often being prioritised in this style of leadership (Naidoo and Dulek, 2022).
A leader is a considered to be a person who who are required to be innovator and communicator that will often aim at providing motivation to work even when the business fashion a Co faces challenges after outbreak of COVID scenario. Thus, based on above for discussion it can be summarised that in order to mitigate the challenges that are faced by the staff.
5. Psychological contract
The psychological a contact has known to attract attention due to 2 measure reason. These reasons include way of understanding and managing both attitude and their behaviour of employees within a particular accompany. With the cytological a contact also aims at a providing a motivation to start as it aids us in understanding how the relationship in between employees and an employer tend to evolve as it can be attending from a report published on 2022 (Malyuga, Krouglov and Tomalin, 2018).
According to Armstrong a researcher a demonstrated in financial year 2009 that psychological contact it’s important and they beneficial in a retaining the employees as it often aimed at a fulfilling the expectation of different stuff. It includes managing the job security maintaining consistency, managing value or and recognition on the other hand the psychological contact can also be used in a fashion Co for ensuring that the walkers are motivated, satisfied and they are retained to promote the progress of the entire business (Klimova, Klimova and Dubinka, 2019).
It can further be a demonstrated that managing the psychological contact is a primarily based on employees’ sense of a fairness and a promoting trust. It is also based on the fact and belief that the employer who are associated with the business or fashion can aim at honouring the deal finalised in between them. The violation or bridge associated with the psychological level of contact by the employer can possess sudden and high level of a consequence both for people as well as business organization (Darics and Koller, 2019).
Hence in order to improve for the fashion industry it can be a recommended to top level executive and managers of a fashion business to utilise the effective uses of a different sustainable materials on the other hand suggestion can also be provided on minimising the water consumption protecting the level of biodiversity along with avoiding the uses of harmful chemical. In order to open promote effective uses of a communication and managerial skill top level executive need to ensure fair working conditions which often aim at ensuring the transparency level in supply chain management. In order to incorporate a successful fashion business, it is a core responsibility from the senior management team to receive information about the target customer and often acquire enough fund (Puspitawati, Nurhasanah and Khaerunnisa, 2021).
Managing the fashion business incorporate funding as for running the long-term operation of a business generation of a profit is regarded as utmost important. Creation of a brand identity, presenting different product and services on social media along with using effective or promotional media for building the brand it is considered to be beneficial as it aims at accelerating long term of progress of a business (Malyuga, Krouglov and Tomalin, 2018).
Reference list
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Naidoo, J. and Dulek, R.E., 2022. Artificial intelligence in business communication: A snapshot. International Journal of Business Communication, 59(1), pp.126-147.
Payne, M., 2020. The origins of social work: Continuity and change. Bloomsbury Publishing.
Pithouse, A., 2019. Social work: The social organisation of an invisible trade. Routledge.
Puspitawati, L., Nurhasanah, A. and Khaerunnisa, A.S., 2021. Utilization of Communication Technology for Business. International Journal of Informatics, Information System and Computer Engineering (INJIISCOM), 2(1), pp.47-54.
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