Wednesday, February 20, 2019
Managing the Entourage Club
The entourage club is a cussship by the students and for the students. The basic aim of establishing this club is to provide the students different forms of fun under one roof. This club is different from other service providers in the industry in a demeanor that it does not build the formal services like health gyms and sports facilities. unless this club is formed to cooperate reduce the stress levels of any the students.The membership lead be authorise to people under the age of 30. This club go forth have heterogeneous segments catering to the needs of all. The membership fees would be very affordable to allure large crowds. Students of various universities will be hired as buss and will be offered handsome salaries to run the club. Each manager will be appointed based on experience and ability to attract fellow students to the club. The club would have the following entertainment facilities.The entourage club would lie in of more than 50 employees that will be wo rking in 6 departments. The hierarchy would be a horizontal one so as to improve communication between the departments. Because the corporation belongs to the services sector where node satisfaction is the top most priority.The comp some(prenominal)s departments include marketing, finance, client care, maintenance, creative and human resource department. As mentioned above all the managers and coordinators will be students that would be studying in universities. This would be an on antic experience for them and would also help them earn money. However a superior human resource officer would manage the human resource department so that quality recruitment is ensured.Managing the Entourage ClubManagement in earlier quantify was described as an art. But as people started developing various theories of effective management it soon became a scientific study. Successful managers who dowry their experience mainly contribute most of the theories in management. Since through applicat ory it has gained universal acceptance and recognition therefore they are now forthcoming to students studying management and is indeed a great benefit.But many a mangers still believe that management is an art. Successful managers are those who have master the art and had capabilities. No one gentleman can become a successful manager by reading and memorizing the theories given in the reserve (Chandler, 2004).As management is a practical filed. But according to me management is a blend of both an art and a science. Since it requires skills to be a manager and the scientific methodology help polish the skills of person. Rather than him learning the skills in the practical field. As todays world is a warring one where there is no meter to waste.For e.g. In my club if I appoint managers that are new to the field it will take a lot of time for them to gain experience in managing their employees and being full-bodied at their task. But if, they are aware of the various forms and ap plications of management that they have came across in the supposition of management.They indeed will reach the coveted goals in a much small time span as compare to others who have the talent but no prior knowledge. But also if the individual doesnt possess qualities required for being a manager, then in that case even if he was aware of the theory he would never be successful at taking the company forward.There are four major components of management. They include planning, leading, organizing and controllingPLANNINGOrganizational planning occurs all the time and in all manners. A top-level manager in a manufacturing gear up will have different plans as compare to the supervisor who is prudent for assembling modular homes on an assembly line. Planning could include prospect organizational goals. In general, planning can be strategic planning, tactical planning, or contingency planning.Planning is the most important step in any organization. It is the backbone of the company on which future goals are based. It is essential to figure a strategy in order to make the planning successful.The yard strategy of my company would be attain customer satisfaction and to achieve the faith and loyalties of my customer. To implement this strategy there will be a need of affective marketing and to provide services in the manner they were described to the customers. In that way only the company will be able to achieve their goodwill. For our company a problem is basically delimitate as any situation that proves to be a hindrance or obstruction in providing the customers with the services they have paid for.Decisions would be make on the spot with the consultation of all the managers of the department to involve them all in companys decision making. All employees should be participating contributors on the companys affairs and should provide some entertain addition. The three types of plans that the company uses in its operations include strategic, tactical and in operation(p) plans.
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