Introduction Of Management: Strategies, Objectives, And Values Essay.

Comparing and contrasting between two companies selected

Describe about the Introduction of Management for The Desired Process.

One of the important aspects is to manage the desired processes of the concerned organization.  Moreover, it becomes more important for any of the firms to develop effective strategies and objectives based on SMART concept as to carry out the positive outcome for the Company.   In order to understand concepts of management, two of the companies such as Brambles of Australia and Blackmore’s of Australia have been taken under consideration.  Brambles are one of the fastest growing supply-chain logistics firm functioning throughout Australia (Brambles Corporate Site, 2016).  The company executes through CHEP along with IFCO brands. On the other hand, Blackmore’s is one of the leading natural health firms operating its business processes throughout different market segments of Australia.  The CSR rating help in evaluating the desired position of the firm as compared with the competitors present throughout the concerned market areas.  The passion is what Blackmore says all of the employees to have for the development of the business processes in return to provide the benefits to the firm along with the consumers (Blackmores.com.au, 2016). This research paper will highlight the different factors which affect the business processes of these two companies moreover it presents a comparison between the vision statement and t values of these two firms.

Vision and mission statements

The mission statement of a particular organization reveals its defined targets throughout the competitive market areas. The mission of Brambles Company is to be the leader in this particular field throughout the concerned market segments across different countries whereas the vision of Blackmore is to be the leader in serving people with effective eye health medicines.   Brambles are focusing mainly on the outsourcing expertise as to create the exceptional values in front of the customers.  The firm wants to deliver good quality of services as per the satisfaction of the customers. Moreover, the firms believe that offering good quality of services will assist in improving the reliability of the customers and will fetch out the encouraging results for the firm (Borowiak et al., 2012).   Moreover, the comparison between the missions as well as the vision statement of the two companies concerned reveals their strategic moves in order to enhance their overall effectiveness throughout their concerned market areas.  The development of the visions, as well as the mission statement, relies on the desired approach followed by the firm (Chapman, 2011). Blackmore is engaged in delivering the top most quality of the products so that it can provide the desired elevation in the health condition of the people concerned and this has helped the firm in creating its brand reputation throughout the competitive market areas. 

Vision and mission statements

The values of an organization are of great importance as it helps in the development of the brand image in front of the audiences concerned.  Effective comparison between the two companies helps in understanding the desired difference between the share values of the two firms (Fabozzi and Markowitz, 2011).   The share values of brambles reveal that all of the things such as start with the customers, the firm resides the desired passion for success, the team is committed towards safety, people, and diversity. Moreover, the firm believes in the preferred culture of innovation and always acts with integrity as well as respect towards the community (Gallagher, 2009).  On the other hand, Blackmore’s continues its passion towards delivering of the natural healthcare products as to fetch out the preferred optimistic results for the audiences concerned.  It is imperative to recognize and pursue the smart purpose as this assist in attaining the preferred trust as well as values of the clientele. The passion is what the firm says all of the employees to have for the development of the business processes in return to provide the benefits to the firm along with the consumers. The comparison between the share values of the two firms evaluates the fact that Blackmore focuses more on the needs and the offerings to towards the customers (Newcomer, Wholey, and Hatry, 2015). The development of the desired approach creates a direct impact on the minds of the customers regarding the values of the particular firm operating throughout the targeted areas.

Annual reports of the two companies

The current debt of the brambles as on June 2015 is 127.5 which reduced from 497.8 which were on June 2014 and there was a drastic change of near about 370.3.  On the other hand, the change in the non-current debts is 641.1 which increased from June 2014 till June 2015. The underlying profit of the firm was nearly US$416.5 million down by 4%.  As comparing with the net debt of Blackmore, it was found that the debt of group was $7.1million on 30June 2015.  Moreover, there has been increase in per share by 81.5% to 270.7cents.  Opportunity, integrity as well as accountability are considered to be three of the most crucial aspects of the development of the desired strategies for the success of both of the firm.  Blackmore provides a strongest commitment towards the development of the environmental sustainability. The group sale is increased to $150Million for the financial year.  The CSR ratings of Brambles, as well as that of Blackmore, are quite in their respective industry process as compared with the other companies.  

Values of the firm

The corporate culture of Blackmore is built up mainly of three important pillars such as integrity, leadership, and respect whereas the corporate culture of brambles reflects the development of the community as well as the society (Zhong, 2013). Integrity reveals that the people of the firm are honest and are engaged in providing the best quality of the services to all of the customers concerned. Moreover, the employees of Blackmore treat each other with the same vision as equal and this provides them to assists the customers with the superior quality of the products as well as the services. The use of the concepts of SMART objectives is measured to be significance in the formulation of effective CSR initiatives.   The leadership is considered to be the vital factor for any of the firm executing their business processes in a more effective way. As per the social responsibility is concerned, Blackmore demonstrates it with their actions that the firm takes care, respect along with compassion of their people, broader community as well as for the entire environment (Oakey, 2010). On the other hand, CSR initiatives of Brambles describe the desired interaction of the firm with their respective stakeholders as well as their efforts towards the entire community concerned.   Moreover, the firm is making effective approaches in order to improve all its services as to raise the satisfaction level of the consumers (O'Donovan, 2014). The CSR rating help in evaluating the desired position of the firm as compared with the competitors present throughout the concerned market areas.

The stakeholder plays the majority vital role in development of the business processes of a concerned firm.  The stakeholders are believed to get directly exaggerated by the formulation of the strategies of the concerned firm and therefore their role is of much importance in the development of the Corporate Social Responsibility (Weiss, 2014). The key stakeholders are the suppliers, employees, governments, creditors, owners, the community as well as the unions. Smart objectives participate the most imperative role in the development of the corporate statements for the firm concerned, moreover, it ensures that these statements do no gets affected by any of the stakeholders concerned.  The Stakeholders of Brambles plays the major role in evaluating the significant growth of the firm to a wider area of the market segments whereas the stakeholders of Blackmore enhances the overall effectiveness of the corporate statements and policies with the help of their respective stakeholders (Seethaler, 2009). There needs to be the most effective approach to the development of the approach to executing the business processes for any of the firm concerned.  The active participation of the stakeholders has required for Blackmore as well as the Brambles as this improves the overall efficiency of the concerned organization (Waldman, 2011).

Conclusion

The research paper critically provides the preferred comparison between Blackmore and Bramble's companies of Australia. Brambles are one of the fastest growing supply-chain logistics firm functioning throughout Australia, whereas Blackmore’s is one of the leading natural health firms operating its business processes throughout different market segments of Australia.  Brambles are focusing mainly on the outsourcing expertise as to create the exceptional values in front of the customers, whereas Brambles Company is engaged in being the leader in this particular field throughout the concerned market segments across different countries. This research paper presents a comparison between the vision statement and t values of these two firms. The contrast between the share values of the two firms assesses the fact that Blackmore focuses more on the needs and the offerings to towards the customers.

References

Blackmores.com.au. (2016). About us. [online] Available at: https://www.blackmores.com.au/about-us [Accessed 29 Nov. 2016].

Brambles Corporate Site. (2016). About Brambles. [online] Available at: https://www.brambles.com/about-brambles#section-span-classlevel-1span1span-overview-of-operations-span-4236 [Accessed 29 Nov. 2016].

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