Business News

The purpose of a SWOT analysis

Organisations can use a number of tools to help inform their strategic planning. One of these tools is a SWOT analysis. IKEA uses SWOT analysis to help it achieve its objectives. Its use helps the business to focus on key issues, especially relating to IKEA's goal of sustainability. SWOT analysis...
Business News

Using technology to drive new business

Some organisations rely on technology to develop new or advanced products and services. Others use it to streamline the processes they use. Vodafone's approach to technology in developed economies is to provide new features and benefits that customers demand. We expect more and more from mobile communications -email messaging, music...
Business News

Continuous improvement

As the workers in any organisation see its processes in action all the time, they are often best placed to make suggestions for improvement. Continuous improvement is a process whereby these small, incremental changes are introduced regularly in order to develop quality and efficiency. Corus, one of Europe's largest steel...
Business News

Recruitment and selection

The recruitment and selection of high quality workers can help a business to achieve its aims and objectives and gain a competitive advantage. Organisations use a variety of selection methods to ensure they get the right people for their vacancies. These methods might include application forms and interviews. They must...
Business News

External influences

No business operates in a vacuum organisations are affected by external influences. The Highways Agency is an executive agency of the Department for Transport and is responsible for the road network in England. It aims for 'safe roads, reliable journeys, informed travellers'. The function of the Highways Agency includes tackling...
Business News

Staking your claim

Over time, the expectations of the stakeholders of a business may change. Shell, dealing with increasing energy use, is faced with providing for these needs in a responsible way. In its quest to balance the social, economic and environmental impacts of its work, Shell takes into account the needs and...
Business News

What is your management style?

Many business leaders state the importance of their human resources. A workforce that is skilled and motivated is desirable for any organisation. OPITO, The Oil and Gas Academy, works with employers and trade unions to establish agreed safety standards in the oil and gas industry. It also helps employers in...
Business News

Change management

The vision for London 2012 is 'to use the power of the Games to inspire change'. The London Organising Committee for the Olympic and Paralympic Games (LOCOG) wants to instigate change in a range of social, economic and environmental ways. The LOCOG particularly wants to achieve a sustained improvement in...
Business News

What are the benefits of training and development?

Training and development can result in many benefits for organisations and their workers. The Forestry Commission is a government department which is responsible for protecting and expanding Britain's forests and woodlands. With over 3,000 employees in a range of jobs, from engineers to education rangers, training is central to the...
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