This is a unique opportunity to invest in a new concept in the aviation industry which offers attractive returns and a clear exit strategy in the public markets within 3 to 5 years. By continuously focusing on the needs of the premium-class business traveller, SkyTrails will provide the best value proposition in the markets it serves.
And this is possible through enhancement of core competencies. As stressed in the paper of Lowson,competencies conforms to the basic knowledge owned by an organisation and to be distinct they are not locked up to functional domains but cut across the organisation and its organisational borders.
From this, it is evident that having a competitive advantage is like having a difference, the preference of definite activities to bring an exclusive value-mix to a selected market, thus the capacity to execute certain activities and administer the linkages between actions is the key source of competitive advantage.
Thus, for the management administrators the strategic task to craft a unique way ahead, using whatsoever core competencies and resources at its disposal, against the environment and influence of the current setting.
In this paper, issues concerning the motivation, leadership and team building skills of management of organisations will be discuss. This attempts to elaborate how motivation, leadership and team building skills are the keys to successful management.
It is common knowledge that every one of the successful organisation sought and found a precise understanding of how it could create a customer-centred competitive advantage and forget the management factors such as motivation, leadership and team building. It is indeed true that one of the best ways to attain success was through enhancement of critical success factors.
According to Thierauf,critical success factors CSFs in an organisation, are the limited number of parts in which upshots, if they are satisfactory can guarantee that booming competitive advantage.
Identifying these factors is an old idea in management for the reason that there were great leaders throughout time who have acknowledged and addressed key factors to attain their successes. There is no one definition of CSF but it is regarded as that these are the parts which the organisation needs to focus on to do well.
For that reason, the activities should be cautiously monitored and directed by the management. Hayes, defined critical success factors as managerial factors that create a competitive edge for a company in its respective industry.
There is no specific process in identifying and executing critical success factors in strategic management planning. This is the reason why Thierauf, states that diverse organisations which have parallel composition can carry out its market entry forming diverse ways which lead to the progress of various critical factors.
As the principal means for an organisation to pull off its strategy, critical success factors must take into account the differences in the environment and organisation that exists.
Motivation as Key Motivation is a vital key to each organisation, as this possibly will affect the efficiency and the morale of the people within the organisation. Lack of motivation might results to high staff turnover, lofty rate of absenteeism, reduced performance, weak attentiveness.
If the management officials recognise the staff's essential learning motivator, it can perk up the clients' satisfaction in the long run Wong et al, As part of the motivation within the organisation, Wong et al, believed that it is important for management officials to employ different kind of rewards system or recognition system in order to sustain the morale and increase the level of motivation.
By considering the theories of motivation, it also helps management administrators to set up an improved structure of training planning and design in an organisation.
It is essential to comprehend the motivation aspect in order to examine the relationship between rewards approach and learning methods of the members in an organisation. There are diverse perceptions and definitions of "motivation".
For instance, Robbins, believes that motivation is an outlook of personal trait as others have or others might not have it. Motivation might refer as the eagerness to wield lofty levels of effort toward organisational aims, accustomed by the effort's capability to gratify some individual need Robbins, On the other hand, Armstrong in his paper also described motivation as a cause of individuals to behave in certain ways.
Additionally, Mullins labels motivation as 'the degree to which an individual needs and desires to connect in certain specific behaviours' Mullins,p.
With respect to this, it can be scrutinized that motivation is essential for the development of the members in the organisation. Motivation is an imperative factor to education for the reason that if an organisation does not have the skill to motivate its members, the knowledge within the organisation is not basically used to the fullest Osteraker, Therefore, in flourishing knowledge in an organisation, finding the aspects that will stimulate its members to participate in incessant education and to take benefit of this information turns out to be their aim Osteraker, In any organisation, management officials needed to evaluate and motivate its members.
It is considered that motivation is the answer to positive retention of members to effort and to like their tasks. The theories of motivation gave some ideas of how a motivation program can be implemented within an organisation.
This can be started by surveying the members and ask them what they think about the company.Apr 25, · Factors contributing to employee satisfaction include treating employees with respect, providing regular employee recognition, empowering employees, offering above industry-average benefits and compensation, providing employee perks and company activities, and positive management within a success framework of goals, measurements, and expectations.
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