Consequences of Successful Business Essay

Consequences of succeederful business vs unsuccessful business Linking business success to managementThe success of a business is based on the quality, the education and the experience of management. Experience is incumbent in order to conduct the right decisions and education melts to higher quality of performance. Quality decisions and performances contribute to the doing of the business objectives and goals. All these success factors enhance the strengths of the business, which makes it more hawkish in the marketplace.Lets maintain a look at two similar businesses, a successful one, KFC, and an unsuccessful one, Mochachos Chicken Villages and we mess see how applying quality relates to some business functions.1. Business Image or Public Relations accountabilityThe main objective of the PR function is to present a inviolable impression of the business because customers consociate the business expo certain with the product.So the KFC cowardly with the secret recipe is w hat the customers see as the fraternity. If they are cheerful with the chicken they are happy with the fellowship, KFC as a whole. KFC is a large business with lots of gold to spend on the appearance of the stores, advertising, presentation of meals like the boxes etc and even dressing their staff is nice nitty-gritty catching uniforms. Another good PR method is direct communicate where staff members come into contact with orphanages, hospitals and schools. KFC makes sure that the media are informed so that they receive publicity about their good deeds.Mochachos Chicken Villages on the other hand didnt have a lot of money at their disposal for image which put them at a disadvantage. Because Mochachos Chicken Villages didnt have the look of a well established company with large corporate offices, big expensive advertising, and the customers associated that with their ability to provide good food. They did nothing in the community and got bad publicity when things started to go wrong at the stores.2. Product Quality and Operations makeImprovement in quality is achieved with the advancing in manufacturing technology. The company has to keep up with the times and do constant reassess of future production requirementsKFC are always bringing out new kinds of chicken for us to eat. There are strips, pops, burgers and even boneless chicken. They are improving their technology each the time. An ideal is the grilled KFC chicken you get today. They have realized that customers are as well trying to eat a little healthier and they have developed new technology to grill the chicken instead of heat up it but always keeping the quality high.Mochachos Chicken Villages have stuck to one or a a couple of(prenominal) products. Not bringing in anything new or keeping up with the latest on the market. And this could lead to a lack of interest from the public and at long last bad quality of the food.3. Quality Human Resources snuff itAppoint employees that have the a bilities and experience to obtain results.KFC have the resources to spend time and money on fostering the staff as well as training the managers. They have the money to pay the employees what they are worth. skilful workers equal more productive workers. They hire the better people for the job and outsource certain demand services such(prenominal) as IT specialists to keep their till systems working properly. Organisation and leadership are also a successful part of the KFC staff.Mochachos Chicken Villages have perhaps cut costs and employed fledgling staff that dont have the abilities to provide a good service to the customers therefore devising it more difficult to get the results they wanted. The management havent been trained properly and that reflects on the company as a whole.4. Quality Administration FunctionAdministration is spread throughout the entire company and this need s to beof the highest quality for all systems to work and eventually for the management to make the correct decisions.KFC have the correct systems in place from their production lines to the delivery of good to the systems in the stores. All enfranchisement is through correctly and all systems are in place and check. Policies and procedures are followed to the last detail such as the cleaners noting down the time they have cleaned. Stock control is an ongoing process. All the schooling collected is used for research and development, planning, projecting and budgeting ahead and also steps are taken to make sure the right decisions are made for the goals of KFC to be achieved.Mochachos Chicken Villages didnt have all the policies and procedures in place. They made incorrect decisions regarding renting new space to operate in. They didnt analyse their customers needs, they didnt project future sales or work out the financial position of the business. The nearly important thing is that Mochachos Chicken Villages didnt abide sustainable in todays competitive business world.5. Quality and Healthy Financial FunctionThis function is concern with raising enough crown to finance the businesss assets, resources and services to operate properly. The financial manager must make sure that the business can make enough money to cover the cost of raising the capital.KFC have done budgeting which is the most important mechanism for financial control. KFC have many stores and many investors, properties and equipment which all forms part of do the business financially stable.Mochachos Chicken Villages didnt have enough investors buying into the franchising concept and then the expenses eventually became more than the income, this showing a lack of financial planning, budgeting and control. They had no investors and that meant no security that the business would remain sustainable or too much of the owners capital was required.In conclusion better managers will procure successful business results because it will ensure that customer needs are satisfied. As the sayin g goes Good managers are trained, not born. Hardly anyone is born a good manager. Almost all of them have learnt it. And the good thing is that it can be learnt. Plenty have done it. And so can you. Learning to be an excellent manager requires education, training and experience. You cant skimp on any one of them..it takes all three.