Thursday, December 5, 2019
Strategic Analysis in Place
Question: Give a reflective learning report on action. Answer: Reflection on action transferable lessons about group processes: In my opinion, the group process helps in developing the organizational structure and also helps in the improvement of the team members within the workplace. The group process helps to improve the productivity as well within the workplace. Reflection on action transferable lessons for strategic tool / framework application: According to my view point, Petsiavas S.A. also helps the business to improve the organizational structure and thus helps in developing the group within the workplace. In my opinion, the strategy includes the Formation of the group, Storming of the team, Norming of the team and Evaluation of the performance of the team within the workplace (Hwang and Lin 2012). Thus, these help the team to work effectively and thus increase the quality of production in the business. Reflection on action transferable lessons for understanding clients and their issues: I believed that the pharmaceutical company, Petsiavas S.A. has developed an effective group process strategy which helps to improve the skills of the group and thus help the business to increase the rate of profitability in the competitive market. The various challenges also led the business to analyze the need for changes which help towards development (Bar-Tal 2012). According to my opinion, the consumption of drugs has emerged immensely in Greece, which further led the expansion of Petsiavas S.A. in the market. I have also identified the factors that help the pharma industry to expand its market in Greece. Greece is undergoing health issue which drives the city towards utter poverty and thus stands as a challenge in the competitive market (Napier and Gershenfeld 2012). Learning agenda: I believed that the learning skills helps Petsiavas S.A. to improve the productivity and thus helps the company to gain competitive advantage. The implementation of new strategy also helps the pharma industry towards the advanced development and helps the business to increase the rate of productivity as well. The skills of the employees within the business also need to be improved to lead the business towards increased growth rate (Pickard 2012). The expansion of the market helps the business to gain GDP in the competitive advantage which further adds value towards branding of the business as a whole. As per my opinion, the country suffers from immense drug addicts who even drive the whole country towards utter poverty and thus also affect the various pharma industries in Greece as well. The excess usage of the drugs in Greece also affects the health of the individual and thus lowers the rate of development structure of the country as a whole. I also believed that the pharma industry needs to face various challenges to compete in the market (Tierney 2012). The expansion thus gets influenced through the pricing strategy of the business which affects the purchasing behavior of the customers towards the products as well. I also believed that the pricing strategy also helps the employee to get more motivated and thus help the business as a whole to increase the quality of production. The pharma industry with innovations regarding biotech also helps to protect the health of the people in the city. The biotech helps the industry towards the development n the market. It also helps the business to protect the health of the people and thus helps the country to retain the satisfaction level of the customers towards the organizational products as well. The effective implementation of the pricing strategy by Petsiavas S.A. also helps the business to gain more loyal customers and thus help the business to increase the sales rate of the business as well. The pricing strategy helps the business to promote the products and thus help in attracting more customers towards the products (Lu et al. 2012). The various pricing strategy also includes the effective advertisement of the products which help the business to get exposure and helps in increasing the profitability of the corporate as well. The various shops also help the pharma industry to attract more customers and help the industry to gain loyal customers more towards the industry. As per my opinion, the effective strategy also helps the industry to improve the potentiality of the employees within the workplace and thus helps the business also to develop internally. The innovation helps biotech and thus helps in protecting the health issue of the people. This also helps the business to gain consumer satisfaction which further helps the business to increase the product sales of the company in the market (Tierney 2012). Thus, it helps the business to attain sustainability and also help in penetrating easily in the competitive market. Reference List: Bar-Tal, D., 2012.Group beliefs: A conception for analyzing group structure, processes, and behavior. Springer Science Business Media, 12(1), pp.38-47. Hwang, C.L. and Lin, M.J., 2012.Group decision making under multiple criteria: methods and applications(Vol. 281). Springer Science Business Media, 22(2), pp.28-32. Lu, J.J., Pan, W., Hu, Y.J. and Wang, Y.T., 2012. Multi-target drugs: the trend of drug research and development.PloS one,7(6), p.e40262. Napier, R.W. and Gershenfeld, M.K., 2012.Groups: Theory and experience. Houghton Mifflin, 32(2). pp. 45-56. Pickard, A., 2012.Research methods in information. Facet publishing, 42(1), pp.342-352. Tierney, W.G., 2012. Reflective evaluation.Increasing access to college: Extending possibilities for all students, 12(1), pp.217.
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