Essay 2 Example | Topics and Well Written Essays - 1250 words - 8

2 - Essay Example supervisors are the individuals that control the workforce and functions of the organization through effective control, decision making and problem solving activities. Management of workers includes several responsibilities like conflict management within workers and sometimes with management. The supervisors have to think calmly and act positively always so that the organization’s operations always remain effective and the organization remains in the continuous improvement mode. The manager, if works tactfully can implement continuous learning as part of the organizational culture. Organizations at times need to undergo change and implementing change in organizations is a complex task. Pursuing employees towards organizational change can be achieved successfully if supervisors use their skills and abilities that come from their personal development. The procedural skills are also very important for managers and supervisors to implement so that they can financially manage the expenses, costs and revenues and can estimate the financial needs of organization along with ability to appraise the performance of each worker which is one of key responsibilities of supervisors. The learning and development program should include all elements that cover the above said responsibilities of managers. With the span of time each organization has to implement the change process and needs to upgrade systems, policies, working facilities and procedures so that organizations can compete in the market and we need to trained employees to be flexible towards change. Employees should be willing to improve their skills and adapt to organizational and development changes (Armstrong, 2008). Conflicts are part of daily routine, issues in corporate and modern business world cannot be avoided from organizations entirely but effective management of conflicts can resolve problems occurred and minimize the damage that could possibly occur. The employees and supervisors should be trained to

Financial strength and developments of Lonmin Plc Essay

Financial strength and developments of Lonmin Plc - Essay Example Headquartered in Britain, Lonmin Plc’s selling is extended worldwide and the company’s flagship possessions is located in Marikana mine in South Africa. It has its effective operations in Canada and the group has total employees over 28,276 (Lonmin Plc Annual Report, 2014). The business also has joint ventures with Vakle and Walbridge. The company searches for PGM mineralization in Ontario and Northern Ireland project which is an initial stage exploration opportunity for the company (Lonmin Plc Annual Report, 2014). 1.3. Turnover of Lonmin Plc As indicated from Lonmin Plc’s annual report, the yearly turnover produced by the business in the year 2014 is observed to be 582.4 billion (Lonmin Plc Annual Report, 2014). The revenue of the company is observed to be decreasing over the past five years as the operating expense of the company is increasing. The platinum sales of the group accounted for 701,831 ounces and for PGM sales it was 1,383,945 ounces. Asset turnover of Lonmin Plc is found to be $4,384.5 Million which deceased over the past five years (Lonmin Plc Annual Report, 2014). The consensus forecast amongst 20 polled investments analysts who covers the company advised the investors to grip their position in the group. The forecasts of the analysts indicate that the company in the near future is expected to outperform the market. Lonmin Plc is listed in the London stock exchange and Johannesburg stock exchange and has been observed to major shares in the market.