Understanding Organisations And The Rol
Activity A
A new manager is starting in the organisation shortly. You have been asked to provide an information sheet to this new-starter, so that they can gain some understanding of the organisation in preparation for their start.
The purpose and goals of the organisation
The purpose of 2 Sisters Food Group is to satisfy its stakeholder needs while producing ‘great quality, great value food.’
As with any organisation, at 2 Sisters there are 2 main types of stakeholders; primary and secondary. The primary stakeholders have a direct interest in the company; such as employees and investors who depend on a company’s financial well-being for their own. One of the primary stakeholders is Boparan Holdings. Boparan Holdings are the holding company for 2 Sisters; they provide the key resource for finance and funding.
For example; in June 2014 they announced their future funding plans: “Boparan Holdings Limited (the “Company”), today announced that its wholly-owned subsidiary, Boparan Finance plc (the “Issuer”) has successfully completed the pricing of its offering of £250 million aggregate principal amount of senior notes due 2019 (the “2019 Sterling Notes”), £330 million aggregate principal amount of senior notes due 2021 (the “2021 Sterling Notes). ’
An example of a secondary stakeholder to this business could be a customer to one of its clients. For example; 2 Sisters produce poultry, red meat, chilled and frozen food. They then supply to retail and food service customers.
The goal (or ‘strategy’) of 2 Sisters is as detailed on their website – “to be the most progressive, professional and innovative supplier to each of our valued customers.” The below flow chart is available to view on the company’s website and clearly illustrates their goals and how they expect to achieve them.
List the main products and services of the organisation
The main products of the organisation are:
Poultry
Fish
Red meat
Chilled & frozen food
Biscuits
Baked goods The main
A new manager is starting in the organisation shortly. You have been asked to provide an information sheet to this new-starter, so that they can gain some understanding of the organisation in preparation for their start.
The purpose and goals of the organisation
The purpose of 2 Sisters Food Group is to satisfy its stakeholder needs while producing ‘great quality, great value food.’
As with any organisation, at 2 Sisters there are 2 main types of stakeholders; primary and secondary. The primary stakeholders have a direct interest in the company; such as employees and investors who depend on a company’s financial well-being for their own. One of the primary stakeholders is Boparan Holdings. Boparan Holdings are the holding company for 2 Sisters; they provide the key resource for finance and funding.
For example; in June 2014 they announced their future funding plans: “Boparan Holdings Limited (the “Company”), today announced that its wholly-owned subsidiary, Boparan Finance plc (the “Issuer”) has successfully completed the pricing of its offering of £250 million aggregate principal amount of senior notes due 2019 (the “2019 Sterling Notes”), £330 million aggregate principal amount of senior notes due 2021 (the “2021 Sterling Notes). ’
An example of a secondary stakeholder to this business could be a customer to one of its clients. For example; 2 Sisters produce poultry, red meat, chilled and frozen food. They then supply to retail and food service customers.
The goal (or ‘strategy’) of 2 Sisters is as detailed on their website – “to be the most progressive, professional and innovative supplier to each of our valued customers.” The below flow chart is available to view on the company’s website and clearly illustrates their goals and how they expect to achieve them.
List the main products and services of the organisation
The main products of the organisation are:
Poultry
Fish
Red meat
Chilled & frozen food
Biscuits
Baked goods The main
Bibliography: The purpose and goals of the organisation http://www.2sfg.com/investor-relations/public-announcements/boparan-holdings-limited-announces-pricing-of-senior-notes-offering/ (Accessed Sunday 19th October 2014). http://www.2sfg.com/about-us/strategy/ (Accessed Sunday 19th October 2014). An identification of the main customers http://www.2sfg.com/our-divisions/ (Accessed Sunday 19th October 2014).