SG7001 Managing Strategy & Operations and Partnerships Assignment Sample 2024
Performing Evaluation
In the current era, innovation in technology and megatrends has been leading to investment growth with significance that can help in shaping the economy, business, as well as society. Stakeholders are considered to be having a great deal of interest due to certain megatrends in the earliest form and when the overlapping changes will be in occurrence, different opportunities and threats within the organization shall be under creation. Atelier Chiang Mai has two fashion lovers. The clothing company’s original goal was to produce a high-end fashion brand called Nathalie Fordeyn in Paris. Yes, fashion brands have been producing their products in Chiang Mai for over two years, but they certainly have quality issues in their warehouses in Chiang Mai. The goods are very expensive to produce and the quality is very poor.
| Megatrends | Key Issues Affecting the Organization | Impact and Implication |
| Sustainability | Significant Issues from the aspect of sustainability are in the involvement of workforce volatility, controls that are tougher, cost of raw materials, along with public opinions. | As the entire industry of textile is considered to be dependent over chemicals inclusive chemicals, which are in requirement of a lot of water, the specific problems are in possession of a significant impact over the credibility of the corporation (Muthu 2017). That’s why two young creators of the Nathalie Fording Paris brand decided to create their own convention. After a few months, the studio grew rapidly and decided to provide high-quality production services at a reasonable price to other companies and to the public. Retailers and manufacturers of professional workshops now produce fashionable clothes or a collection of hats in the store but returned a few pieces to everyone. |
| Industry 4 | Issues impacting the opportunities, along with the implementation of the strategies of the industry 4 inclusive of employment, privacy, defense as well as resources. | The impact of the security issues in information technology shall help in setting the way for the manipulation of data, along with access that is not authorized with the help of various methodologies. As a result, the financial damage can be experienced by the corporations, as well as an image with negativity in the society (Desore et.al., 2018). The business is considered to be working in a place of work that is collaborative and where the expectation is in availability from the manufacturer for performing tests that can be viewed as a challenge to the welfare of the promoter providing an outcome as a lower level of opinion for the organization. |
Reference
Desore, A. and Narula, S.A., 2018. An overview on corporate response towards sustainability issues in textile industry. Environment, Development and Sustainability, 20(4), pp.1439-1459.
Muthu, S.S. ed., 2017. Sustainability in the Textile Industry. Springer.
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