StudentShare solutions
Triangle menu

Managing for the future - Assignment Example

Nobody downloaded yet
The analysis of the performance then focuses on how the company has performed in these three factors. Finally scenario development is done and the management initiative that needs to be taken for the success of the organization in future has been recommended. Company Overview Marks and Spencer (M&S) has been operating in the retail industry for last 129 years and has transformed itself from a single market stall to a multi-channel retailer who has international presence. The company is operating in more than 50 territories with employee strength of 82,000 people. They stand on the pillars of trust, innovation, value, service, quality and works hard to ensure that that they sustain in the market by continuing to offer value relevant to the customers. They are shifting their focus from United Kingdom and diversifying their product range, location and channels in order to broaden their focus towards the international market. The turnover of the company from the market of UK comes from general merchandises (46%) and food (54%). They offer great value, high quality, stylish clothing and home products. Beside this they also offer quality food that is sourced from several suppliers present all around the world. In UK they have around 766 stores facilitated with flourishing e-commerce business. In UK they are the market leader in menswear, women’s wear and lingerie section. ...
In order to make these initiatives successful the company has engaged their customer, suppliers and employees (Marks and Spencer plc, 2013a). Company’s History from 2007 to 2013 M&S aims to place itself as a multi-channel retailer that is truly international and making them accessible to more and more customers present around the world. The company has implemented wide range of activities and claims to make progress and extract benefits from them. One of the most significant initiatives that the company has taken is the design of Plan A. Through this plan M&S aims to make the operation of Republic of Ireland and UK carbon neutral, broaden sustainable sourcing, no waste is send to the land fill, set standards for ethical trading and help the people to move towards healthy lifestyle (Marks and Spencer plc, 2007). This plan creates an impact on the corporate social responsibility (CSR), environmental issues and sustainability. Following is the overview of what the company has done in these past seven years. 2007 In this year M&S plans to initiate a five year, 100 point, ?200 million ‘eco-plan’ that touches every part of the company and transforms the way in which they conduct business. This plan aims towards “doing the right thing”. The company initially started with 100 commitments which were later extended to 180 commitments. This plan is made to work in collaboration with the suppliers and the customers who look towards combating with the climatic changes, trade ethically, use raw materials that are sustainable, reduce waste and encourage the customers to lead a healthy lifestyle (Marks and Spencer plc, 2013b). This ...Show more
Cite this document
  • APA
  • MLA
(“Managing for the future Assignment Example | Topics and Well Written Essays - 4500 words”, n.d.)
Retrieved from
(Managing for the Future Assignment Example | Topics and Well Written Essays - 4500 Words)
“Managing for the Future Assignment Example | Topics and Well Written Essays - 4500 Words”, n.d.
  • Cited: 0 times


Managing for the future Table of Contents Executive Summary 3 Company Overview 4 Company’s History from 2007 to 2013 4 Concept Definition 9 Performance Management 13 Scenario planning 18 Management Requirement 21 Reference List 22 Executive Summary An organization in order to sustain in the competition addresses many factors…
Managing for the future
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the assignment on your topic
"Managing for the future"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Managing for the future: Mobile Telecomunication Network (Nigeria)
The review would be based on their operations and policies between 2006 and 2012. This would be followed by an assessment of the contextual environment over the next 6-8 years, say up to 2018-2020. MTN profile MTN Nigeria (MTNN), a part of the MTN Group, is Africa’s leading cellular telecom company (MTN Online, 2012).
28 pages (7000 words) Assignment
However, the art world has substantially evolved over the years and majority of researchers have claimed that the artistic values and creative intelligence of societies have deteriorated significantly. This paper forecasts the changing trends of art world in future years and elaborates on the following quoted statements extracted from few literature resources: “Behind the whole convulsive movement of modern art lies a kind of inertia, something that can no longer transcend itself and has therefore turned in upon itself, merely repeating itself at a faster and faster rate”.
4 pages (1000 words) Assignment
Managing for future
is not exempted. Tata steel is an Indian steel manufacturing company that has been in operation since 1907. It is part of the Tata group which is a group of firms based in India and having global operations. As part of Tata group, Tata steel has inherited most of the Tata characteristics such as in corporate social responsibility.
13 pages (3250 words) Assignment
Export Managing
The over riding aim of this case study is to evaluate and judge whether there would exist a 'triple win situation' where the producers, the farmers and the states own agro-dairy farming is given a boost by a deeper penetration of products into the U.S market.
6 pages (1500 words) Assignment
Managing Absence
It is a known fact that employee absence results in delays and mismanagement of work, and in overall inefficiency. It also results in financial loss because of paying overtime wages, or paying to the ill trained, but expensive agency workers and to all those who could come on a short notice to fill in the gap.
11 pages (2750 words) Assignment
Managing Organisations
758). Therefore, managers are normally faced with many challenges that they have to deal with on a daily basis. This calls for very skilled managers that are well aware of their roles. The following is an account of my
4 pages (1000 words) Assignment
Which of the current management challenges,globalization,managing adiverse workforse, technological innovation and ethics are likely to have the greast impact on Googles future operation
Other facets that were mentioned such as globalization, cultural diversity, continued innovation in technology and corporate social
1 pages (250 words) Assignment
Future Direction of Healthcare
There are certain aspects of quality that are hard to measure such as customer experience. Therefore, if the quality measurement is not very accurate, then the decision is left to chance. The physicians are likely not be feel motivated to
3 pages (750 words) Assignment
Managing Projects
(Patzak&Rattay, 2011). The procedures for project achievement, in terms of both process and merchandise, must be defined at the commencement of the project as a foundation for project administration decision making and
11 pages (2750 words) Assignment
Planning and Managing for the Future - Inverleith Hotel - Edingburgh
One of the major strengths of this hotel is the location where the hotel has planned to execute its operations. Due to good geographic location, the hotel can do its
9 pages (2250 words) Assignment
Comments (0)
Click to create a comment
Let us find you another Assignment on topic Managing for the future for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us