Thursday, October 31, 2019
Transferable Learning Assignment Example | Topics and Well Written Essays - 4000 words
Transferable Learning - Assignment Example The new strategy did well in expansion of the business within the energy. More overseas branches were opened (HUMAN RESOURCE MANAGEMENT INTERNATIONAL DIGEST, 2009). Companyââ¬â¢s vision The company is committed to implementing strategies that are intended to improve its general customer service and operations. This move is intended to satisfy the clients wherever they are. The company recognizes the globalization trend that calls for stiff completion ads well as an extensive stable business operation mechanism with the aim of meeting both long-term and short-term goals. The effect of exemplary global competition in energy production and energy related services has gradually led to unpredictable and complex trade milieu in the global energy industry and market. For instance, some of these challenges include dynamic market trends, non-renewable features of considerable extent of energy sources, which limits the life span of the entirety of the company existence (POWER ENGINEERING IN TERNATIONAL, 2009). These conditions are inevitable in the global energy industry and the associated market space and it requires Centrica to position itself in a strategic manner to cope with the economic trends. The primary international and management operations strategies include extensive client commitment and associations, maintenance and continuity of competitive supply cost, operational aptness through intensive research and best practice. Centricaââ¬â¢s Ambition and Governance structure Centrica is committed in ensuring that its customers are treated with outmost fairness, securing affordable energy supplies and ensuring reduced carbon emission. The following...Centrica Company can be said to be a competitive player in the energy industry both in the local and international market. This research has indicated that Centrica has a complex system of management with well-outlined functions and indeed the reason for the companyââ¬â¢s prosperity. The diverse management depa rtments work harmoniously with the common goal of putting the Company at the right position. In addition, the Triple bottom line model enables Centrica Energy Company to trace the product development trends both locally and internationally. Moreover, the model helps in ascertaining the effectiveness of the supply chain systems. The companyââ¬â¢sââ¬â¢ continued culture of expansion and customer satisfaction will see it grow tremendously and compete aptly with other players in the energy sector. In essence, sustenance of the current strategic management of all the Centrica departments is fundamental to a more prosperous company in 2020.
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