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PRESTON AUTOMOBILE CASE - Coggle Diagram
PRESTON AUTOMOBILE CASE
LEADERSHIP
Newly appointed CEO of Preston is by nature an assertive individual, so giving orders is something that comes naturally to him
New CEO uses a military style of management that has resulted in many senior staff leaving the company and resulted slowdown the whole company.
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GOVERNMENT CHANGE
The minister declared that in 3 years' time, by 2020 Preston must cover 100% of its cost and all grants will be withdrawn.
The government has recently approved the setting up of another private local automobile company and allowed more foreign car investment into the country
Ministry of Environmental asked Preston and all manufacturing companies to produce a strategy document showing how they intend to meet the ecological needs
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GLOBAL MARKET
According to UN, global growth is expected to remain at 3.0% in 2019 and 2020.
The risks include an escalation of trade disputes, an abrupt tightening of global financial conditions, and intensifying climate risks
Developing countries' economic growth rates will remain on a relatively strong growth trajectory, amid robust domestic demand conditions
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TALENTS AND HR
Talent play an importance role in planning and taking the business foward to meterialize objectives and achive goals
Basically the qualities of a person trusted to have the right mindset towards carrying out responsibilities
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Preston may face possibility of high staff turnover, particularly in area of expertise, if it fails to be dynamic
SURVEY FINDINGS
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Preston are foced to spend a lot of training to ensure that new recruits meet the industry requirements
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PROPOSED STRATEGIES
Recently suggested that the company should consider upgrading its production facilities to gain labor and energy efficiency
The alternative option with a probability of 0.3 predicts a higher demand for Preston's car due to changes in external environment
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