Using international entrepreneurship to drive a small business Dissertation

Using international entrepreneurship to drive a small business - Dissertation Example The concerned company which is now in consideration is Crave Outsourcing Group. A group of very professional individual which is a rapidly growing outsourcing firm specialized in providing integrated outsourcing solutions to small and medium sized businesses (SMB) and blue-chip clients in the UK, Nigeria and across the globe.This is founded in April in 2008 which is a largely growing private firm. There are three directors Femi Odunmbaku Alexander Ihebuzor Seun Akinpelu A three successful professional striving hard to achieve their goal in achieving the edge on others companies and off course they had suffered hard yet managed to cop up with the challenges they have faced during last year’s. As the rapid decrease has been seen in the sales of this firm. It is calculated that the turnover of this company for the year 2010 was UK - ?85,000 Approx (fiscal 2010). This company has managed to retain a god position still in the market by holding a valuable place in a commercial area in London as the company headquarters. The main objective to write this innovative report is to share the crises the company has faced and to identify the core issue and manage to find out the solution. The companies was in crises since 2010 the third year f its operational working company experience the disaster as tremendous change in the sale. Its sales low down up to a significant figure. in this report we will discuss all the features. Objectives: The biggest question and objective to run a successful business lies on the core question like How to effectively and successfully operate an organization. It requires an extensive amount of training, skills, knowledge and experience yet an intelligent investment. Although organizations over time have become very complex and competitive and using every mean to get an edge over others. The company managers must understand the concept of management in order to effectively run an organization. It takes a lot of savvy and skills to superv ise employees and run an organization. The company who faces crises up and cannot stand against those crises has the biggest reason in form of lack of management skills and timely correct decisions. Managers, Supervisors and skilled or technical staff are some of the most important individuals in an organization. As they set the tone and culture for an organization. They have to get the employees to buy into the culture and policy of the organization. Furthermore, the manager is responsible for solving problems and motivate the employees to achieve the target. They also have the responsibility to make sure that employees are working effectively. They must also strive to make sure the organization is profiting or providing a quality service. Supervisors should possess leadership characteristics. They must be able to recognize the strength and weakness in their followers. Also, a manager must be able to delegate responsibilities and motivate their employees. They should have good comm unication skills and know how to read their employees. "Nothing is more exciting than growing a prosperous business, but nothing is more dangerous for a prosperous business than growth." - Steve Meisenheimer The main objective of this report is to cover all and every aspect which evolves in making an organization. Like What should your new organization look like? What is the performance of the company? The yearly revenue generated by the company. What are the key factors involved in the success or failure of the policies The core factors evolve in the failure and lower revenue What are the successful strategies companies had or should have When should you add each new position? How will you manage the new hires? What education and skills should each of them have? What contribution should you expect from each employee? Can you afford all the new people you'll need? Even for those successful companies, answering these questions can be taxing, if not overwhelming. You might agree, howe ver, that these questions should be answered before you begin the