Challenges faced by management at U-Fone Pakistan.

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MANAGEMENT FACING DIFFERENT CHALLENGES TODAY

EXECUTIVE SUMMARY:

This report reviews the challenges management facing today and I selected the telecom organization U-fone, the second largest telecom company in Pakistan. We give a brief history of the company and tell about the achievements and growths of Uf-one. It put light on the whole organization specifically its challenges , competitive advantage and the activities ongoing in it. Further we review U-fone’s strengths, weaknesses, Opportunities and Threats (SWOT Analysis). In the end we give the future plans of U-fone and conclude with our views and suggestions for U-fone.

Many researches and surveys have been done to know about the most faced challenges. Nowadays managers are dealing with changing workplaces, security threats, ethical issues, global economic and political uncertainties and technological advancement.

Every Organization whether its multinational, private business or Govt. Offices depend on its people. Telecom industry is growing in Pakistan with new companies is getting license the  competition is tough; as a result it is the consumer who is getting benefits and enjoy low call rates.


INTRODUCTION: 

In today’s growing world of business, in every organization the management is facing different challenges. Management is responsible for the overseeing the activities and work of the people working in organization, so in every aspect they have to be responsible.  Many researches and surveys have been done to know about the most faced challenges. Nowadays managers are dealing with changing workplaces, security threats, ethical issues, global economic and political uncertainties and technological advancement. Innovations in a job mean doing things differently, exploring new territory, and taking risk. Nothing is more risky than not innovating. Innovation is another challenge being faced by the managers of any organization in the world. It isn’t just for high-tech or other technologically sophisticated organizations but efforts can be found in all types of organizations. The complexity of products demand is other challenge.

WHAT IS MANAGEMENT?

"Management is the art of getting things done through people."

Management is an individual or a group of individuals that accept responsibilities to run an organisation. They Plan, Organise, Direct and Control all the essential activities of the organization. Management does not do the work themselves. They motivate others to do the work and co-ordinate (i.e. bring together) all the work for achieving the objectives of the organisation.

CHALLENGES FACED MOSTLY BY MANAGEMENT ARE:

Business requirements are not well-managed.

Lack of clarity in the scope of business functions.

Anticipating global talent shortage.

Employer brand management.

Managing multicultural organizations.

Managing global environment.

Managing diverse teams.

Understanding social networks.

Organizational change.

Barriers to communication.

Understanding Organizational Behaviour.

Managing Downsizing

Managing Ethical Issues

Managing Workforce Diversity

Managing Change and Innovation

Managing Global Teams

Managing work life balance.

Managing sexual Harassment

BUSINESS REQUIREMENTS ARE NOT WELL-MANAGED:

The customer may not fully understand all of the project’s requirements at the beginning of the project. The customer may use imprecise language such as “I guess; I want” or “Maybe we should consider” or may not fully articulate what is required. Requirements may be vague, incomplete and may not be specific enough to be measurable.

This ambiguity often leads to products or services delivered to the customer that: May be technically sound but fall short by not improving the business process. Does not meet customer’s expectations.

 LACK OF CLARITY IN SCOPE OF THE BUSINESS FUNCTIONS:

Another challenge being faced by the management is the lack of understanding the scope of business functions. That is; in the translation of the customer’s needs into the delivered product or service, vague requirements may not be properly understood. The subsequent design documents may, therefore, be poorly defined and documented.

Management must recognize their role as one of defining the business solution boundaries– i.e., ensure the project scope definition aligns with the proposed solution to support the business needs. This is then translated into the Business Requirements Document. This is approved and signed off by the customer as an agreement on the requirements.

 ANTICIPATING GLOBAL TALENT SHORTAGE:

The most critical problem is hiring, retaining, training and motivating professional talent in a troublesome scenario where the already critical shortage of human talent in some professional areas and in diverse managerial disciplines due to the beginning of the retirement with no enough replacements of the baby boomers’ workforce; economical growth and resurgence of energy market firms due to record crude oil prices has motivated a fierce competence to hire, train and retain the already scarce talent available in the job market. Being so, human talent is being more critical to ensure the competitiveness of a company for the long term.
Such perception is the expression of a growing trend of cannibalization in hiring and recruiting scarce professional resource that finally is engaged to work with the bigger companies. This trend is particularly critical in the Oil & Energy and Engineering industries where I have worked for years and where is possible observe a continuous turnover of engineers from one company to the other on looking for better salary perspectives and superior career development plans.

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 EMPLOYER BRAND MANAGEMENT:

Today’s global organizations should stand out in developing Employer Brand Management practices to generate multicultural workplaces where an employee can feel pride and satisfaction for belonging to an organization where he/she is considered, respected and recognized. The cultural dimensions (Credibility, Respect, Fairness, Pride and solidarity) should be adapted to pursuit this purpose.
When an employee as usually happens in most of today's companies is considered as a mere commodity that may be easily replaced, relocated, hired and finally fired out, is easy to expect that in such workplaces an torture feeling of demoralization, progressive disengagement and lost ...

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