Managing Strategy Operations Assignment Sample
Activity 4
| Megatrend | Key issue affecting the industry | Impact and implication |
| Supply Chain Disruption | One of the key issues faced by industry is supply chain disruption. That has created challenges for various types of companies to timely get raw material that could be utilised in manufacturing of sugar to be delivered to end customers (Lahnamäki-Kivelä and Korhonen, 2022). | The impact of supply chain disruption is that kakira sugar workers are not able to get products within a specific time frame. This leads to adding more cost to the company and delay in delivering services to a number of individuals living within the society.
Companies have set priority to create and maintain strong relationships with suppliers. So that it could have material within a limited time frame and satisfy the wants of customers. |
| Resource scarcity | Another key issue affecting industry is that more and more individuals are becoming concerned about sustainability. This has forced companies to take steps to promote sustainability so that they could have a better future ahead (Linthorst and de Waal, 2020). | Kaira sugar work has to bear additional costs in order to promote sustainability. It is also a high priority risk that has been minimized by firms through focusing on making optimum use of available resources. This has led to building a strong brand image of the firm in the minds and hearts of customers. |
| Covid-19 | Covid-19 is also facing challenges that have adversely impacted the overall industry as the sales have decreased to maximum extent. The overall cost of products has been increased and staffs are not ready to work because of the increase in spread of coronavirus (Śliwiński and Puślecki 2021). | Kaira sugar work because of covid -19 have to suffer from limited supply chain, increased cost of raw material and many other issues. Moreover, the customers do not like to spend money as a result of low disposable income and insecurity. Hence, companies have set priority to provide timely services to end users in pandemic situations. |
Development of survival and success factor
| Issue | Survive | Success factor |
| Covid is one of the major issue faced by companies that has resulted in a 60% decrease in overall production that leads to reduced overall sales in the external environment. | The company has survived through motivating employees to work while maintaining social distancing, hygiene, providing them with sanitizers and adapting as per the situation (Maggio et. al. 2019). | While, the success factor of a company is its effective organisation structure and employee’s satisfaction. That has contributed in motivating employees to even support companies in pandemic situations. So that it could earn a high profit margin. It has to invest in training employees related to the way sustainability can be promoted in desired manner. |
| Increase in competition is an issue as it leads to challenges for the company to run its operation in the retail sector. | The kakira sugar work is able to survive in a competitive market as it deals in common products. Such as sugar is a common product that is demanded by each and every customer to satisfy their requirement. | Company has a strong brand image in an external environment that has contributed to gaining differentiated positioning. In other words, motivated employees to select it rather than other firms in an external environment (Ruohomaa and Salminen, 2019). |
References
Lahnamäki-Kivelä, S. and Kuhmonen, T., (2022). How Farmers Conceive and Cope with Megatrends: The Case of Finnish Dairy Farmers. Sustainability, 14(4), p.2265.
Linthorst, J. and de Waal, A., (2020). Megatrends and Disruptors and Their Postulated Impact on Organizations. Sustainability, 12(20), p.8740.
Maggio, A., Scapolo, F., van Criekinge, T. and Serraj, R., (2019). Global drivers and megatrends in agri-food systems. In Agriculture & Food Systems to 2050: Global Trends, Challenges and Opportunities (pp. 47-83).
Ruohomaa, H. and Salminen, V., (2019), July. Company decision factors while choosing the future location for the future business. In International Conference on Applied Human Factors and Ergonomics (pp. 124-131). Springer, Cham.
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