Management Practice at Hero Cycle

In this report, the Management Practice and decision-making-related theories or models are defined that help to analyze the entire operations of the business. Hero Cycle is a large bicycle manufacturer and selling firm in India. It is one of the largest companies that aims to provide a higher quality of bicycles to the customers, as it is an important element to improve their experiences.

Various models and theories regarding decision-making and the role of the strategic component can be addressed to meet the specific changes. The discussion about the specific theories and models that were applied to make the decisions in the running of business operators.

The development of critical evaluation of the tools and theories that appear to meet the specific operations of the business and generate the long-term growth of the business’s success. The main purpose of this report is to analyze the overall impact of the company’s decision-making on the valuable plans and certain activities that need to be improved in the future.

Hero Cycle is the largest firm that maintains the proper practices and leads the greater operation by implementing effective decision-making frameworks.

The company aims to improve the motivation and the satisfaction of all the members of the teams with the different models that raise the organizational performance and manage better activities towards business interactions. Hero Cycle company uses advanced technologies to meet the specific needs of the customers and develop integrated communication with the employees who are the main stakeholders of the business.

So, the decision-making frameworks and the activities that must be improved by using the greater strategic concerns, the current activities must be organized to achieve the higher intentions. The business must evaluate the broad operations and maintain the largest possible networks to lead the greater plans.

The company needs to analyze the possible changes and maintain the greater facilities that increase the business value and update the higher interactions in the future. At the end of the report, different recommendations that given to the Hero Cycle for improving the team’s motivation and involvement in the decision-making process regarding certain activities with reliable achievements.

With the development of advanced operations and an increase the strategic performance, the business value should be referred to as leading the organizational resources. To maintain the higher performance of the company and evaluate the greater interaction, the overall policies need to be examined in the clear resources as leading the best values.

Read more: Strategic Management and Strategic Planning for developing a new venture in Australia’s market.

1.    Application of Theory:

One of the major issues that is evaluated in the Hero Cycle company is the lack of management of the operations. Due to the lack of management competency, the overall operations and resources are affected, badly impacting the performance of the business and its entire related people. The investors, employees, customers, and other stakeholders are greatly affected due to the lack of management competencies. The company should develop the proper roles and activities that need to be improved and organize the proper policies in the future.

The lack of management competencies is a threatening situation for the business to integrate the greater activities and utilize the advanced resources to meet the specific standards. Hero Cycle company’s management issues are the lack of communication among the customers as well as the lack of time management that affects the performance as well as the bora reputations of business So, the company should develop the proper structure and the management competencies that increase the organizational resources and improve the business capabilities. Hero Cycle firm can manage all of these issues with the proper analysis of each role that exists within the boundaries of the company.

Model of Mayer’s Management:

By applying the Model of Mayer’s Management as 7I’s on the Hero Cycle company’s management issues, it is clear that the internal, interface, investor, incubator, and infrastructure give clear roles that increase the greater policies of the business and maintain the best values that increase the organizational directions. This model evaluates the overall practices and improves the communication among the management teams of Hero Cycle company. The analysis of the roles of each person within the boundaries of the company and managing the greater directions, the current operations must be analyzed to ensure detailed and reliable operations in the future.

Investor Role:

Investing plays an integral part in increasing the performance of the business and managing its valuable operations of the business. An investment portfolio manager is the center of the corporation that can directly optimize the allocation of all the financial resources related to the business units.

Incubator Role:

It is the role of developing new business activities. Her cycle company’s incubator provides nurturing of the activities regarding the scope of the current business units and supplies the internal as well as external entrepreneurs. It is important for particular business decisions and to maintain better strategic responses in leading the change.

Infrastructure Role:

In Hero Cycle company’s infrastructure, HR, IT, and Finance are the key departments that affect the overall performance of the business and play a greater role to take the business planning. It helps to investigate the possible changes and manage the cleared roles to integrate the actions. The infrastructure helps to gain the strategic positions of the company and the relationship of each department with each other.

Integrator Role:

It is the vital role that acts as the architect of the competitive advantage due to the business models and the evaluation of the firms’ units. The lack of communication and time management are the key issues of the Hero Cycle management team that can be improved through the integration of Research and Development as well as Marketing and Sales departments.

Internal Role:

As the line manager for the business unit heads, it is analyzed that the corporate enter can steer the behavior by the proper guidelines.  In the Hero Cycle, the internal role depends on the key strategic activities like recruitment, retention, and the motivation of the business unit heads as the integral element of the parts.

Interface Role:

As the external stakeholder manager, the company’s center can be more authoritative as well as an active counterpart for the people like, shareholders, investors, and the banks to meet the certain needs of the expectations. Corporate communication and lobbying are vital parts of business practices to take reliable activities in the future.

Identity role:

The corporate center develops the “community sense” among the company as the key heart of the corporate center. To encourage the business units and work together as the form of team, the common interest and the sharing of resources are reliable with each other. So, the firm can develop advanced operations to meet the needs of the employees.

Human Relation Theory:

According to the Human Relations Theory, money is not enough element to meet the satisfaction of the employees. The reward, motivation, and encouragement are also the elements that satisfy the employees of the company. As the key strategic management issues, I analyzed that there are a lot of threats that face the business to address the possible interactions and implement the necessary policies.

Human Relations Theory considers the company as the key social entity because this theory recognizes that money is a social and important element. But it is not enough to improve the level of satisfaction as well as motivation of the employees.

Hero Cycle’s management faces the issues of lack of communication and coordination among the employees so, the human elation theories help to manage the management competencies and the related issues.

Psychological, Safety, Love or Belonging, Esteem, and Self-Actualization are also key activities that need to be improved to increase organizational practices and manage reliable concerns. Using the greater policies and updating the better concerns, the current operations must be valued to analyze the cleared approaches.

This theory helps to motivate the teams and the employees of Hero Cycle to increase overall performance and manage the greater challenges. Evaluating the better experiences and building the current policies, the current functions must be important to take the reliable activities.

Physiological, safety and other needs are the main requirements that are rewired by the employees to improve their work motivation and the satisfaction of the business. It is important to evaluate the better elements and meet the specific needs.

Hero Cycle company distributes, sells, and manufactures the majority of the bicycles in the market of India so, the company must have a proper employment network that increases the overall performance and boosts the organizational practices in the future.

It helps to evaluate the greater strengths and maintain the possible activities to meet the greater values. Self-actualization and esteem are the detailed activities that increase the business values and determine the greater roles regarding higher success.

Analysis:

After implementing the both 7I’s model of management as well as human relations theory at Hero Cycle, it is analyzed that the company can easily manage its employee’s behavior as well as the management competencies. The company facing the issues of lack of communication and the determination of the overall business planning in terms of increasing the business values.

To determine the business growth activities and managing the higher success, the organizational policies must be improved in the future. An employee of Hero Cycle company has Vairos needs that improve the overall motivation and satisfaction towards the business practices.

The company evaluates the current success and motivates the better elements to achieve reliable success. The lack of communication between the employees and the management teams of the Hero Cycle company is a main issue that affects the company’s performance and the employees’ growth.

So, it is the responsibility of the company to evaluate the types of issues that facing by the employees in the boundary of the company. After analyzing the issues, the company would represent the basic policies as well as the clear interaction about the cleared operations.

To motivate the business operations and analyze the greater decisions, I will build a detailed plan to meet the specific interactions. Using the proper practices, theories, and models, the overall contemporary issues of business management can be resolved effectively.

The business should take the supportive role that increases the business activities and utilize the greater decisions in the cleared resources. Self-actualization and self-esteem are the key needs of the employees that must be fulfilled by the Hero Cycle company. The company builds the possible activities and manages the detailed values to organize the current operations.

To manage the issues of lack of communication as well as time management, the company should develop a proper strategic management plan. All of these issues directly impacted the business’s growth and productivity. The satisfaction and the motivation of employees are the important factors that increase the business values and manage the higher activities in the cleared values.

Employment growth and productivity depend on satisfaction their motivation. So, implementing the models and theories of management it is analyzed that the employees should be motivated by using the proper activities.

Money is not only a key factor that is used to motivate the employees because rewarding them with the offering of work-life balances, office tours, and other actions needs to be resolved. It is analyzed that employment satisfaction and motivation are the important parts that increase business performance and manage the current activities.

Developing the organizational practices and managing the greater decisions, the business should utilize the proper investment opportunities. Hero Cycle is an Indian company that manufactures and sells bicycles to the target markets. The employees and management staff of the company face issues like the lack of communication as well as the lack of time management that directly affects the performance of the business.

Determining the core operations and utilizing the better policies, the greater situations need to be overcome. Esteem and Belonging are the greater parts that increase the current activities and utilize the best responses in the future.

Hero Cycle company’s employees required the proper work-life balance and the rewards from the organizational management. So, it is the responsibility of the company’s management to give value to the needs of the customers and raise their expectations.

Because when the employees of the company are happy then their overall work productivity as well as work motivation becomes increases the company should evaluate the possible activities that increase the better values and implement the current activities in the future to take the clear resources. The employees of Hero Cycle company want the proper flexible scheduling that helps them to improve their work-life balance and work productivity.

So, it is the responsibility of the Hero Cycle company’s management to evaluate the needs and fulfill the expectations of the employees. Employees of the company are the integral part that increases the business performance and manages the valuable activities to integral the possible plans.

Utilizing the values and evaluating the better chances, the organizational activities must be interacted with. Recognizing achievements and encouraging professional development are also the key activities required by the employees to increase performance and manage certain policies.

The organization needs to evaluate the greater policies and manage the current activities in the future regarding the detailed areas of success. It is analyzed that offering the proper values and employee rewards helps the Hero Cycle company to evaluate the employees’ needs and their certain expectations.

I share the positive feedback and encourage the teamwork to provide clear goals regarding the creation of a good culture. Employee motivation depends on creating a good culture for the team. The company should develop the proper structure of the teams and organize the role of each employee that re directly motivated toward the business practices.

It is analyzed that the employees of the company are the most important parts that increase the performance and manage the greater policies regards certain changes. Providing clear goals and creating a good culture are the key requirements of employees that must be fulfilled by the company.

Employees can be satisfied by affiliating with respectful relationships and giving the proper growth opportunities. Hero Cycle company created a wealth of 0.292, which is a positive aspect of the company’s growth. On the other hand, the investment in the firm’s future is 6.653, reaching the benchmarks of the company’s success. So, the company’s management should maintain its performance by managing the contemplator issues and improving the overall performance of the business.

2.    Conclusion: Management Practice at Hero Cycle

In this report, the Hero Cycle company is selected, which is a larger Indian bicycle manufacturing and selling company. The company’s management is facing the issues of “Lack of Communication and the Lack of Time Management”. It is the responsibility of the company to elevate these issues and find ways to mitigate all of these strategic issues that affect the performance of the business. The business should use the management theories by implementing better policies and improving certain directions.

Mayer’s Management 7I Model and the Human Relation Theory are analyzed to evaluate the management issues of Hero Cycle company. After implementing these models, it is analyzed that the company should provide the proper satisfaction to the employees because money is not a single motivational element.

Offering the best experiences and increasing organizational planning, the employees should take the higher capabilities in the future. Employees of the company are the important parts that increase the business activities and manage the greater approaches to take the higher success.

Hero Cycle company’s management should provide the proper motivation to the employees that raise their work behavior as well as satisfaction to increase organizational productivity. The company’s operations must be reliable to analyze the greater changes and maintain the proper policies for the business’s success.

3.    Recommendations:

Hero Cycle company faces different issues of management, like a lack of communication as well as lack of time management. The company should develop the proper infrastructure to improve the employee’s needs and manage the current activities. Here are some recommendations that help the company to give higher importance to the teams and improve the management issues.

• The management of the company should provide the proper training as well as development opportunities to the employees. Hero Cycle’s employees can gain the overall awareness of working, analyzing the key policies, and developing the proper plans directly increase the business roles. The company’s management should analyze that what type of training is required to meet the needs and expectations of the employees. Because employees are an integral part that increases the business values and manages the greater values to analyze the possible operations.
• The management of Hero Cycle should offer food to the employees in the workplace, which helps to increase work productivity. Because money is not a single element that increases the employees’ satisfaction. Offering food and giving the employees autonomy are certain factors that increase the growth as well as work productivity of the employees.
• The management of the company should develop the proper communication and collaborative tools that increase the performance of the employees. Employees of the company are the integral part that increases the business performance and manages clear success.
• The management of Hero Cycle company should build a strong connection with the employees and invite the proper feedback to the employees that increase the organizational performance. The management of the company demonstrates good leadership and increases the business activities that maintain the employee’s growth. The management should develop two-way feedback that increases organizational performance and maintains higher activities in the future.

All of these recommendations help the company to motivate its employees and increase organizational performance. Hero Cycle company hires intrinsically motivated employees who help to build respectful relationships and increase the work productivity of the employees.

The management should create an effective corporate culture of corporate that increases the performance of the business and improves the employees’ connection with the firm. Employees share positive feedback and set attainable goals, and the business activities must be strong to analyze the organizational productivity. The company’s management should focus on the development of a positive worm culture and encourage creativity as well as innovation to support the employee’s work and increase workplace decisions in the future.