Market analysis of Stratsim management simulations

Market analysis of Stratsim management simulations StratSim management simulations are on-line games pioneered by Michael Deighan and Stuart W.James from Virginia USA aimed at giving students a wider exposure in the real world business arena. The initiators perceived students to view the simulations as a unique learning event where the knowledge gained so far within the academic years could be now made into practices. Quintessentially, apart from being a learning experience it was anticipated to bring a challenge to both managers and executives. According to the case, This is far easier to say than to achieve. 1.1. Industry Overview StratSim management simulation was a game-like, all about different firms operating in an automobile industry whose managers compete to the maximum by setting goals and objectives that are intended to outwit its immediate and within industry competitors. The managers used efforts to the best of their abilities so as to ensure right decisions are put forward just to earn superb profits due to greater sales ascribed by the management. Altogether, throughout the simulations there had been a total number of seven (7) firms ranging from firms A, B, C, D, E, F A and G. The initial alphabets of each firm meant that its respective vehicles began with either of them from A until G. All these firms had a similar starting point to commence its operations including funds. Among the firms, the best one was to be judged on performance bases mainly in terms of market share, market value, income generated as well as efficiency in playing with the marketing tools i.e. marketing mix (4 Ps). 1.2. Firms Overview Firm F was a group formed by four members who are Raya Nassor, Sarah Alley, Shahista Hasmani and I, the author of this report. Firm F comprised of three (3) vehicles which were Fantasy, Fast and Fish while their classes were Family, Truck and Economy respectively. I worked hand-in-hand with my colleagues in making the best decisions for our firms survival in an ocean of high waves of competition. The firms utmost intention was to position itself as a market leader by entering new markets and meeting the needs and desires of customers through vehicle attributes. However, there was a class which wasnt served by almost all the rival firms. It was known as AEV which must be addressed as technology modern with integrated marketing efforts. As far as Firm F is concerned, my colleagues and I decided not to opt for it as our firm was keen enough on cost minimisation and not spendthrifts of resources. 2.0. Mission and Vision Mission Statement Mission statement aims to provide employees and stakeholders with clarity about the overall purpose and raison dà ªtre of the organisation. (Johnson et al 2009, p.112) According to Peter Drucker (father of modern management), what is our business? is all about its mission. It is also known as creed of statement. Firm Fs statement of purpose could be: To address different consumer segments desires through value creation with respect to their financial capability when it comes to automobiles and eventually ending-up with immense profits generated from sales. Vision Statement A vision statement is concerned with what the organisation aspires to be. Its purpose is to set out a view of the future so as to enthuse, gain commitment and stretch performance. (Johnson et al 2009, p.112) Therefore, firm Fs dream is as follows: To be a company of the people, for the people and by the people in the automobile industry. 3.0. External and Internal Analysis These are the frameworks used to carry out an analysis of an organisations progress by examining two major extremes, the inner (internal) as well as the outer (external) environments. 3.1. PESTEL The PESTEL framework categorises environmental influences into six main types: political, economic, social, technological, environmental and legal. (Johnson et al 2009, p.25) The external environment is much more complex than internal because the earlier could exert enormous pressure to firm F to the extent of determining its ways to carry on its operations. Now let me examine all the six factors while reflecting firm F. Political This refers to the roles played by the government together with the degree of countries stability which will influence production of the motor vehicles for firm F to move on or lag behind. Also, this factor will determine whether the firm is undermined by a particular set of restrictions in its business such as not manufacturing vehicles which are similar to those possessed by the government. Throughout my analysis, all the firms including firm F were operating in a peaceful environment for the following reasons: Firms were increasingly thinking on product development and further production. Various customer categories continued to buy automobiles of their desire as they did not doubt the political situation in their areas. Increase in the number of dealers in all the extremes of a compass direction. Economic Within the course of the game, the business cycle wasnt predictable due to the fact that pricing structures employed by the automobile firms was different to one another. Firm F and other were aggressive towards increasing the dealer discount rates thinking that it would boost its motor vehicle sales and hence increase its profitability. However, the economy of the firms operating in the simulation kept on deteriorating with reference to the starting market shares, market values, stock price and overall net income. At the end, economies were badly shaped. Social This refers to the society in which the firms are operating their automobile business. Within the society, people differ in culture and demography. Some had been considering others as their point of reference in buying certain cars. Also, its obvious that as there are many automobile firms means more vehicles down the roads and hence more traffic collisions to the extent of delaying people planned activities during the day. Technological Advancement in technology was restricted among the firms as there were maximum limitations of technological capabilities in interior, styling, safety and quality extremes for which not a single firm could exceed. Above all, the firms were given an opportunity to make developments and marketing for a new class i.e. AEV which at the start had no introduced vehicle. The AEV being technology-driven, it is possible that it could use electricity, gas or other means. From my narrow view, I perceive AEV development to be more risky. Environmental Here Im greatly concerned because while vehicles are developed who knows how the waste materials are damped. This may have greatly deteriorated the soil and the species inhibiting in and on. These vehicles emit green house gases which add more health concerns to its own users through pollution after the fuel has been burnt in the engines. Legal It is up to the government to make sure that, a firm which goes against the labour laws, health and safety regulations, environmental preservation and trade practices are debarred from operating in the automobile industry. The government should enact laws which limit the number of vehicles to be owned by a single person unless it is big company with large operations in-order to minimise pollution on air, land and water sources. 3.2. Porters Five Forces Model According to Michael Porter, there are five cut-throat forces that demonstrate the rules of competition within the automobile industry and which determine both industry attractiveness and the degree of profitability. These forces are: Threat of new Entrants Throughout my analysis, I realised that for a firm to enter into automobile industry is not that much easy due to the reasons that, too much investment funds will be required to have a successful starting point as a matter of fact its not all about producing but knowing the needs of the market through Research and Development (RD) which costs greatly. For late movers, enjoying economies of scale will be highly minimal because there are giants already operating in large scales. Some of the giants may have done either backward or forward integration which may distract new entrants. Hence, the threat of new entrants in the automobile industry is low but firms need to be extra careful as the world is dynamic. Threat of Substitutes There are plenty of substitutes to vehicles but it doesnt mean people will shift towards them i.e. bicycles, scooters and walking. I dont expect people to abandon automobiles due to increasing costs instead people will shift to more economical ones from luxurious. Hence, the threat of substitutes is medium. Bargaining power of Suppliers Suppliers degree of power is low due to the existence of a big number of components and parts distributors in the automobile industry. It is likely for a manufacturer to switch from one supplier to the other. On the other side, firms at StartSim are likely to enjoy low prices of components because suppliers are many. Bargaining power of Buyers In the StratSim world, this is high as customers are likely to navigate from one manufacturer to another if their needs and desires are not well addressed considering the fact that, there are almost seven (7) firms operating in automobiles. Reluctantly, firms will be forced to stick on customers decisions on the requirements, pricing and other vehicle attributes. Customers are the core and a major reason for the firms existence. Rivalry Intensity This is very high because of the presence of many firms including firm F operating in the automobiles. These firms used various business strategies which have got differing effects to the competition intensity. Hence, the degrees of profitability and market shares will differ at large. 3.3. SWOT ANALYSIS This is a framework used to examine internal and external environment. Strengths (Internal) Firm Fs names of its motor vehicles were unique i.e. Fantasy, Fast and Fish which couldnt be easily imitated by its rivals. Weaknesses (Internal) Mismanagement of stocks which had a greater fall in value together with more inventory days. Failure to make proper use of the marketing tools i.e. promotions and prices. Firm Fs product ranges didnt compete effectively with those of its competitors. Opportunities (External) The AEV class vehicles could be a platform for firm F to maximise its market share and sales growth. Poor performance in other firms could allow firm F to gain more customers who couldnt benefit from the earlier firms. Moving into markets which were not served before through market and product development. Threats (External) Continuous technological developments for which firm F couldnt cope. Global economic recessions resulting to fall in currencies and slowing vehicles demands. Automobile industry being competitive, firm Fs employees may have been head-hunted by other rival firms leading moving away the company secrets. 4.0. Strategic Planning Strategy is the direction and scope of an organisation over the long term, which achieves advantage in a changing environment through its configuration of resources and competences with the aim of fulfilling stakeholder expectations. (Johnson et al 2009, p.3) Planning refers to making decisions on which strategic choices to carry forward in the course of the business. 4.1. Basic Strategy Firm Fs long term strategy is to offer vehicles with the lower possible investments but in maximum numbers with the intention of increasing the net cumulative income and market share from period 1 until period 4 with much focus on the Family class. 4.2. Technology Firm F thought that to go hand-in-hand with advancing technology as not necessary because it could lead it away from high profitability. Instead minor upgrades in the vehicle attributes are considered. Technology will be used to minimise wastage so as to increase productivity. 4.3. Financial Control The management of firm F aspires to have immense sales and increasing profitability but at same time controlling Research Development as it wont like to spend a lot for it. It looks forward to increase assets held while decreasing liabilities including debts. 4.4. Marketing Firm F intend to create awareness to both society and potential customers through advertisements and promotions. Also, efforts will be done to review pricing structures and the vehicles with related products to be of value to customers. Distribution points will be monitored too. 4.5. Future Development The management of firm F looks forward to do major upgrades in its motor vehicles if the level of profitability will permit it to do so. Otherwise, the kind of development which is expected could be maximising of the firms plant production capacity. 5.0. Lesson I learnt from simulation exercise I came with a mindset that a firms market share could be inversely proportional to net cumulative income. Also, it wasnt a good idea at times to discuss with members from rival groups as my group was at last decision mislead by another group leading to its low income and stock price too. Teamwork is the essence towards achieving success as decisions were jointly made by group members who differed in knowledge, background and experience. 6.0. Conclusion To me, it was much lucrative due to the fact that I had been exposed from theoretical to practical because the simulations made me think outside the box as to whether the strategies I took part in could outwit competitors. Finally, I agree that a business without strategy wont have a direction.

Format for the Celebration Speech

Format for the Celebration Speech Introduction: I. Attention GetterAn attention grabbing statement to get the audience interested in learning about your process II. Connection to the AudienceTell them why they should listen to you (i. e. how does learning this process benefit them personally) III. Central Idea/ Thesis StatementA one sentence summary and preview of the entire speech, i. e. What are you teaching them? Body: * Transition Statement * I. Body Area Main IdeaA one sentence summary of the first body areaA. Supporting MaterialInformation that confirms, illustrates, explains, etc. the main idea for the body area B. Supporting MaterialInformation that confirms, illustrates, explains, etc. the main idea for the body area * Transition Statement* II. Body Area Main IdeaA one sentence summary of the second body area A. Supporting MaterialInformation that confirms, illustrates, explains, etc. the main idea for the body area B. Supporting MaterialInformation that confirms, illustrate s, explains, etc. he main idea for the body area * Transition Statement* III. Body Area Main IdeaA one sentence summary of the third body area A. Supporting MaterialInformation that confirms, illustrates, explains, etc. the main idea for the body area B. Supporting MaterialInformation that confirms, illustrates, explains, etc. the main idea for the body area * Transition Statement* Conclusion: I. Central IdeaRestate the central idea to review the main point of the speech II. Reconnect the Attention GetterReiterate your attention getter. This makes your speech feel â€Å"complete†) Note: You have some leeway with how to format the body areas for this speech. A Celebration speech or an Informative speech is organized depending upon the information you are sharing about your topic. You should focus on interesting facts, uses, etc. about your topic and should NOT do a recounting of the chronological information about the topic. Audiences quickly become bored with this approach.

Is a Multi-Cultural Society a Blessing? Essay

â€Å"A multi-cultural society is a blessing†. This is an assertion alleged by many. But is it true? Does the old regulation â€Å"The more, the better† really count here? And what on earth is a multi-cultural society? A multi-cultural society is a society containing several representations of different cultures. To understand it better, we also will need to be aware of what both a society and a culture really is. According to Wikipedia, a society is: a population of humans characterized by patterns of relationships between individuals that share a distinctive culture and/or institutions. And then you have a culture, which is a way of life, including traditions, manners, eating habits, and not least beliefs and religion, which I am going to go further into. This list could go on forever, but for you sake, it will not, this time. So there you have the basics. Now, let us dive deeper into to whether this plea is true or not. From my point of view, or let us say from the article’s point of view, the whole world’s population together not only forms one, great society, but a multi-society. And in this society, there are Native Indians, Africans, Asians, poor people, rich people Christians and Buddhists, and so on. You will properly wonder how and where all these cultures originated. Well, the first points I guess you can imagine yourselves. But when we move on to religion, it all comes down to the East, thousands of years before Christ. This is also the origin of God or gods, as many of us still believe in. Polytheism, Pantheism and Monotheism are considered being the first beliefs with religious attributes as we know it today. These phenomenas have evolved, and also created new types of beliefs, and these beliefs, or religions, are the main differences between the global cultures. So now we can start discussing the phrase â€Å"A multi-society is a blessing†, with religion as a key word. All known religions promote peace, and tells us to avoid violence at all costs. Still, I will claim and blame religion for most of the wars and conflicts ever occurred on this planet. If you study deeply into the reasons of many of the greatest wars, you will discover that different perspectives on life, beliefs, will be involved in the cause of  the terrifying violence. When people have different beliefs, they also have different opinions of what is right and wrong. Therefore, there will be misunderstandings, resulting conflicts. Now how can we avoid these conflicts erupting? As Martin Luther King said; it is natural to fear the unknown, therefore, get to know the unknown, and each other’s standpoint. (Magnus Pettersen, last paragraph. Note: This is not an exact quote of Martin Luther King, only a pointer.) But of course, now I make religion sound like the root to all evil, and that it only destroys the society, which it is not right. Religion can be a good thing too, it only depends on what you make out of it. I myself am an atheist, a person who does not believe in any god or over natural power, and I got to admit, I long for the comfort of â€Å"knowing† that when I die, I will be reborn, or end up in heaven. So it is understandable that people search for this calmness in different religions. You too properly believe in something, even if you do not consider yourself as religious. So to the question, what good does religions do to our society? It adds several perspectives on why we humans are here, what the meaning of life is and what happens to us after death, questions that are healthy for us to wonder about. It also teaches us, as mentioned before, to live in peace, and avoid violence. After all, most religions have their core maxim â€Å"Treat others the same way you want them to treat you†. (Bible, Luke 6:31) I think we can conclude that a multi-culture both can be a blessing, and a living hell. It all depends on how literally you take your own, and other’s culture, if you are open for other’s points of views, and if you can live knowing that people around you always will have different ways to live their own life. Sources: http://www.allaboutreligion.org/origin-of-religion.htm http://en.wikipedia.org/wiki/Society http://www.daria.no/skole/?tekst=7031 http://en.wikipedia.org/wiki/Atheism

The Constitution Of The Cherokee Nation - 912 Words

The 1827 Constitution of the Cherokee Nation is a document that was created to protect the Cherokee Indians from being thrown out of their native lands. The authors of the document are not unknown. The first line of the document states, â€Å"We the Representatives of the people of the Cherokee Nation†¦Ã¢â‚¬  The authors are the Representatives of the Cherokee tribes, who were chosen by the people of the Cherokee nation to represent them. The representatives would have been free male Cherokee members that are twenty-five or older. They also would have been decedents of the Cherokee. They also were not allowed to have any African American blood in them. Know these are the representative eligibility that are written out in section three of Article three. Now, it is believed that the representatives that wrote this document would have followed this eligibility, because why would they write a rule that would make them ineligible. During the eighteenth century, European settlers began settling in the Cherokee lands located in the interior southeast. After the revolutionary war though the Cherokee Indians gave up over half of their land to the American government. Over the years the American citizens continued to overstep onto Cherokee native land. In the late 1780s, the United States officials began to pressure the Cherokee to leave their traditions and way of life behind. They wanted the natives to learn to live like all Americans citizens. The Indians did conform a bit. They did this byShow MoreRelatedWhen Children Are Young They Often Want To Run Away From1378 Words   |  6 PagesSimilarly, the Cherokee Nation Constitution of 1827 does the same for the Cherokee Nation. It marks a historic beginning for the tribe and the start of being a sovereign nation. The Cherokee Nation is an inseparable part of the Federal Union. 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Chemistry Pick Up Lines to Try on Your Crush

​The best chemistry pickup line is sure to set off the reaction for chemical attraction! Here is a collection of cute, corny, funny, and possibly even effective chemistry pick up lines. For best effect, wear a lab coat while delivering a chemistry pick-up line. Safety goggles may help you out, but wearing disposable gloves might come across as creepy. If you really want to make an impression, learn a few science magic tricks. Who wouldnt be impressed by your ability to breathe fire or make glowing drinks? Are you made of copper and tellurium? Because youre CuTe.Do you have 11 protons? Cause youre sodium fine.Are you a carbon sample? Because I want to date you.You must be made of uranium and iodine because all I can see is U and I together.Forget hydrogen, youre my number one element.If I was an enzyme, Id be DNA helicase so I could unzip your genes.Chemists do it on the table periodically.Youre like an exothermic reaction. You spread hotness everywhere.Are you made of Fluorine, Iodine, and Neon? Cause you are F-I-Ne.If I had a choice between DNA and RNA, Id choose RNA because it has U in it.Hey baby, Ive got my ion you!According to the Second Law of Thermodynamics, you are supposed to share your hotness with me.You must be a compound of barium and beryllium because youre a total BaBe.Youre hotter than a Bunsen burner turned up all the way.Hey baby, would a little more alcohol catalyze this reaction?I wish I was adenine so I could get paired with U.Your body must be made of oxygen and neon because you are the ONe.You must be chlorine cause you are polarizing my bond.You must be fluorine cause you are polarizing my bond.I must be a diamond because you gave me a hardness of 10.How about we go back to my place and form a covalent bond?If you were an element youd be francium because youre the most attractive.You are a photon quanta to my valence electron because you excite me to a higher energy level.My favorite attractive force is van der Waals force. Can you feel it? Ill move closer if you cant.You make me hotter than sulfur hydroxide mixed with ethyl acetate.Youre hotter than sulfuric acid and sugar and you smell twice as sweet.When Im near you I undergo anaerobic respiration because baby, you take my breath away.Im so strongly attracted to you, scientists will have to discover a fifth fundamental force.Lets find our combined volume by displacing the liquid in my waterbed.We have such great chemistry that we should do some biology together.You are the HCl to my Na OH. With our sweet love, we could make an ocean together.Lets get together sometime. You bring your beaker and Ill bring my stirring rod.I want to stick to you like glucose.I want to stick to you like cyanoacrylate.Are you made of beryllium, gold, and titanium? You must be because you are BeAuTi-ful.Are you into science? Because I LAB you!Are you a non-volatile particle? Because you raise my boiling point.Scientists have recently discovered a rare new element called Beautium. It looks like you are made of it.You must be the acid to my litmus paper because every time I meet you I turn bright red.Could you tell me the oxidation state of this atom and your phone number?My name? Its Bond. Covalent Bond.My name is Bond. Ionic Bond.Honey, were a galvanic cell. Cant you feel the electricity flowing between us?You must be a good benzene ring because you are pleasantly aromatic.How about we slip between my beta-pleated sheets and you get to know my alpha-helix?Baby, you must be an alkali met al. One touch and I can tell youre highly reactive.You must be made of uranium and iodine, because I can see U and I together.Youre so hot you denature my proteins.Your lab or my lab?

“a Contemporary View on Health Care System in...

CHAPTER - 1 Introduction 1.0 origin and background of the report The report ‘‘A Contemporary view on Health Care System in Bangladesh’’ is the outcome of Internship Program which is a precondition for acquiring MBA Degree. Only curriculum activities are not enough for handling the real business environment, so it is necessary to get the better knowledge about the real scenario. The report is a requirement of the internship program for my MBA Degree. Conduction of Internship/ Dissertation started on 20th December 2009 and ended on 12th February 2010. My internship supervisor at International Islamic University Chittagong, Dhaka Campus, Mr. R M Nasrullah Zaidi assigned me the topic of my report. The reason behind choosing this topic†¦show more content†¦* Observation while working in different desks * Interview with health care providers. Secondary Sources: * Official Web Site of UHL * Annual Reports of Ministry of Health * Various Manuals and Brochures of DG Health * Different publications of WHO. 1.3 scope This report solely deals with the health related information of Bangladesh. Here we try to accumulate information from various topics that have role with the health system of a country. The project is based on both primary and secondary information. Health system is a very vast area to work; thousands of issues are related here. Here we make some major segment to discuss like national health status, health care delivery system, facility based health service, leading public health problems and health education. 1.4 limitations 1. The major limitation faced in preparing this report is the enormous number of parameters that have relationship to the health care system of a country. 2. Less availability of data at all tiers of service providing especially in the private sector. 3. Less accessibility to data due to shortage of time and proper arrangement and at the same time the authenticity of data not beyond questions. 4. Health sector requires few specified technical knowhow for better understanding. Being a non medical background some time face some problem to understand technical terminology and

Human Resource Strategy Implementation System

Question: Discuss about the Human Resource Strategy for Implementation System. Answer: Introduction: The competitive world of today demands each company to be ahead of one another in the supreme race of staying or being at the top. The companies device many plans and strategies which help the organizations to reach the pinnacle of success, garnering much more productivity and profitability. The companies, in order to achieve the maximum level of productivity and profitability, often resort to many practices related to the management or the operations of the company. One of the most pivotal strategies of modifying a specific company in order to ensure maximum productivity and profitability is ensuring a good and healthy practice of keeping and nurturing a happy, competent and satisfied workforce (Cameron Green, 2015). This report analyses the case study the Wollongong Yard of the Top Trucking Company. The write up answers few specific questions about the case study that is provided. The report discusses how the new practices in the workplace that were introduced by the yard manager, complement each other, the risks that might be imposed on the yard if the new manager moves on and whether or not the unions are likely to engage in the changes in the workplace. How the new workplace practice introduced by the new manager complement each other? The Wollongong Yard of the Top Trucking Company brought in a new manager who implemented plans and strategies that was aimed at improving the ongoing, existing situation in the yard. The existing manager of the yard was extremely dictatorial and did not empathize with the employees even if they had a bad day. The new manager, when he was brought in as a replacement to the previous manager, implemented few rules and regulations and restructured the work ethics in a way that is beneficial for the employees and also for encouraging them to perform better. The new manager that was appointed at the yard, instilled new and innovative tactics so that the employees are happy and satisfied with their jobs, which can act as a catalyst for them to perform better. The new manager dealt with the problems quite skillfully. Whenever any problem arose, the new manager took a rational approach rather than an erratic one. He did not immediately blame the drivers for any mistake or error. He first supe rvised the ongoing situation and then logically arrived at a conclusion or solution to each problem. Managing talent in an organization is a sophisticated system of managing the human resources of the company to achieve the optimum level of productivity and profitability for the company (Fullan, 2014). Talent management is an integrated and long-standing approach for managing employees. This can be done by attracting the employees into the organization and by providing engagement and development opportunities with the help of a sophisticated system of HR application (Benn, Dunphy Griffiths, 2014). The new manager, kept this logic in mind while dealing with the employees of the organization. He improved the occupational health and safety of the employees in the business. The new steps that were introduced by the new manager complemented one another because the new practices that were introduced by the new manager were in the interest of the employees, which in turn worked for the benefit of the organization. The most significant roles and competencies of a HR professional of an organization rely on four pivotal sections (Baldwin, Bommer Rubin, 2012). They are analytical fact-based decision-making, leadership and conceptual ideas visioning, interpersonal teamwork and compliance to regulation and administration control. Under the guidance of the new manager, the drivers of the vehicles received training in customer service as well as the technical area. According to a professional HR survey, there are five major roles of HR in an organization. They are: The new manager took upon himself to anticipate and lead a change in the structure and operation of the organization. He valued the behaviour of the employees as well as the management more than knowledge. The new manager took more care of the employees, as he ensured proper occupational health and safety of the employees of the organization. According to the AHRI model of excellence, the HR should possess the capability of influencing the employees, which can alter the behaviors, actions and the opinions of the employees. Sustainable changes and its longevity If the new manager moves on, the yard will be facing few risks to sustaining the changes that were brought by the new manager. The risks to sustaining these changes if the new manager moves on are many. Some of them are that the existing order of peace and harmony that is at present existent in the yard might be disrupted and fall back to anarchy and other type of autocratic rule under the influence of another manager. The rules and regulations that were laid by the new manager run a risk of losing its sustainability under the reign of a new manager. The plans or the strategies that are implemented by the management of an organization must move beyond the task of developing the company (Human Resource Management in Australia, 2017). It should aim at creating an overall development and growth of the employees as well. The organization must involve planning, training and development, outsourcing, reassignment and flexibility to achieve an overall development of the organization. The ma nager of the yard transformed the organization, in this case, the yard quite efficiently with the proper handling of issues. The work attitude of the workforce of the organization is highly dependent on the environment and the atmosphere that prevails in the organization. The risks to sustaining the changes if the new yard manager or the union leader, George moves on, can create a great impact on the organization or the yard. The risks that the organization can face are: The union leader, George and the new manager both had an open point of view and were open to bringing about a change for the good in the company or the yard. If these two employee of the company happens to move on to a better and different workplace, then the sustainability of the rules and regulations and changes that was brought in by these two people, depends on how deep or ingrained the change has been implemented in the yard (Human Resource Management in Australia, 2017). The changes can sustain in the organization if they were implemented deep into the operation and management of the company. However, certain factors like the behavior of the management towards the employees or the union depends upon the new policies and strategies that the new management can implement. The changes that were implemented by the new manager were subjective and depended a lot on the individual manager. The individual manager like the new manager that implemented these changes had a precise and logi cal point of view in going about dealing with the employees. The manager took a logical point of view in going about dealing with the things. The manager dealt with the problem in a logical manner, considering the problems and the point of views of the employees. The employees of the yard, with the coming of the new manager and the implementation of the new set of rules, had a sigh of relief and could perform better. They could approach the management with any problems that they had. The new manager collaborated and worked efficiently with the labor union leader to bring in positive changes in the workplace (Human Resource Management in Australia, 2017). It also helped the manager to find out in details about the grievances of the truck driver, the suggestion and the feedback from the employees. The company and its employees performed much better with a healthy work environment with the advent and implementation of the new rules set by the new manager. The reception of changes by the union The tough blue-collar unions like the Transport Workers Union are more or less likely to engage in the workplace changes because the new changes that were implemented by the new manager saw a fresh and positive change in the working environment of the company or the yard. The new set of rules and regulations worked efficiently for the company or the yard. The tough blue collar unions are likely to engage in a change in the workplace than the public or service sector because the changes in the public or service sector is not that frequent as opposed to this sector. The changes that has to be brought about in the workplace can only be implemented with the cooperation of the union as well as the management. In this case, since the manager worked efficiently in collaboration with the union leader, the company and the employees could achieve the desired target. The employees too were receptive to the changes that were brought about in the company. The bad eggs among the drivers also led t o many conflicts in the company which led to many short strikes in the company despite the reluctance of the union leader, George. Many a times George was forced to agree with the point of view of those bad eggs despite him having a different point of view. Thus, it can be said that the blue collar union are like to engage in the changes in the workplace than the union in the public or service sector. This can be supported from the fact that the union in the yard, in this case, were more receptive towards the change and when they saw that the changes were brought about by the manager, worked for their betterment, they were more than happy to implement the changes. The employees of the yard were happy and satisfied with the changes that the new manager implemented. They were treated like responsible adults and not like children, which made them happy. These changes made the Wollongong Yard top the tables of key indicators of success for the various yards (Human Resource Management in Australia, 2017). References: Baldwin, T. T., Bommer, W. H., Rubin, R. S. (2012). Managing organizational behavior: What great managers know and do. Battilana, J., Casciaro, T. (2012). 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