EXECUTIVE SUMMARY
This report has been written by Sara consultants for the interested stakeholders of Lachlan and Philip businesses. It will cover the skills in management relating to adaptability, flexibility, strategic thinking and communication within a business. It will also discuss managing change within a business through firstly establishing the need for change, setting business goals, resistance to change and management consultants. Lastly this report will cover reasons for business success and failure through discussing critical issues such as; a business play, management and economic conditions.
It is recommended that:
The business should have arrange of management skills within the business
Adaptability, flexibility and strategic thinking are skills that a being used throughout the business
The business should have efficient and effective strategies in managing change
The business should establish the need for change, set business goals and examine reasons for resistance of change
The business should consider ways in which the business can succeed and fail
Examine aspects within the business such as having a business plan, management -including staffing and teams and the economic conditions
BODY
Skills in Management
Adaptability and Flexibility to change
Business should have the ability to adapt to changing circumstances and be flexible within the business.
Successful managers are those who anticipate and adjust to changing circumstances. They must be flexible, adaptable and proactive rather than reactive. Managers who are unprepared or passive in the face of change will not succeed. Having the ability to quickly and efficiently adapt to changing circumstances within the business is a vital skill for management. Also being flexible with the business.
Thus, it is essential that Philip and Lachlan have management skills such as adaptability and flexibility within their business to over come any circumstances they may