Professional Documents
Culture Documents
Task 1: Technical Skills Refer To The Ability and Knowledge in Using The Equipment, Technique and
Task 1: Technical Skills Refer To The Ability and Knowledge in Using The Equipment, Technique and
Task 1: Technical Skills Refer To The Ability and Knowledge in Using The Equipment, Technique and
Robert L. Katz (1995) proposed that effective managers need to have three basic skills to
perform well. These are technical, interpersonal and conceptual skills. The use of these skills
will be different for various levels of managers. Each skill is used at various levels of managerial
hierarchy and is important in the career growth of a manager.
Technical skills refer to the ability and knowledge in using the equipment, technique and
procedures involved in performing specific tasks. These skills require specialized knowledge and
proficiency in the mechanics of a particular job.
This skill is required for first-line managers as they are the ones who are working in the field.
For example, in a car workshop, let’s consider the automotive technician or mechanic as a
lower-level manager. The basic role of a mechanic is to diagnose and fix problems with different
types of cars. His duty might include tasks like changing engine oil, checking fluid levels,
inspecting tires, repairing brakes and so on. For doing so, he must have enough knowledge and
proficiency about the cars. Thus, he can apply his theoretical knowledge in real life situations on
a daily basics. If everyone has effective technical skills in his respective field, he will be
successful in his career throughout the life.
Human skills refer to the ability to work with, understand and motivate other people
individually or in a group. It is concerned with understanding people.
Conceptual skills It involves the ability to see the institution as a whole. It involves
understanding the relationship between various elements of the organisation, having
awareness about the functions of the organisation and an ability to visualise how change in one
part will have the effect on the organisation as a whole. This skill helps in taking decisions. The
correctness of the decision depends on conceptual skill of the person. This skill is required for
creating vision and developmental plans of the organisation. It also involves ability to work on
hypothetical situation. Conceptual skill are most required for top level managers as they are
responsible for framing and implementing the policies for welfare of organisation and less for
middle level managers.
Traditional Organization
Traditional organizations have a hierarchical structure. This signifies that the organization's
power flows both vertically and upward. The organization is often structured like a pyramid
with the CEO at the top, managers in the middle and staff at the base. Each employee has a
specified role and responsibility. All employees must follow a chain of command, with higher
positions providing more value to the organization. Each department has its own departmental
head, whose responsibility is to report to the Manager (Dutta, 2020).
New Organization
The following table is some of the key points of the comparison of traditional and modern
organization.
Task 2
(a) SWOT analysis of Ford Car Company
Strengths Weaknesses
Iconic brand with strong Overreliance on North American
recognition market
Dominant in U.S. truck segment Behind in the electric vehicle race
Global presence with large-scale Recurring quality issues and
operations vehicle recalls
Extensive U.S. dealership network High debt and complex corporate
and robust R&D investment structure
Opportunities Threats
Strengths
Ford is a renowned American company with a long history dating back to 1903. It conveys brand
equity and customer trust that have been created over decades. Ford's F-Series pickup trucks are
the most popular automobiles in the United States. The corporation commands a 40% market
share in the pickup truck industry. Ford employs over 180,000 people and sells cars in more than
100 countries. This global size brings cost savings and diversification. Ford has over 3,000
dealerships countrywide, ensuring widespread access to sales and servicing assistance. Ford
invests extensively in research and development, investing $7.8 billion in 2022. This enables Ford
to develop and remain competitive.
Weaknesses
Ford generates more than 60% of its sales in North America, putting the corporation exposed to
regional decreases. Ford has slipped behind competitors in introducing enticing electric vehicles to
the market. This might have an impact on future revenue if the industry changes to electric
vehicles. Ford has recently had car quality issues, resulting in recalls and a negative impact on the
brand's reputation. Ford owes around $108 billion, which limits its financial freedom.
Opportunities
As petrol costs fall, the desire for lucrative trucks and SUVs rises, which plays to Ford's strengths.
Ford intends to make considerable investments in electric vehicles, with the goal of having 50% of
its sales be electric by 2030. This enormous market gives a growing opportunity. Ford purchased
autonomous car firm Argo AI in 2017 and is poised to lead self-driving vehicles as the technology
advances. Services such as subscription packages and mobility solutions generate recurrent
revenue in addition to car sales. Partnerships, acquisitions, and partnerships can provide Ford with
new technologies and capabilities.
Threats
The car business is intensely competitive, with newcomers like Tesla and established rivals like
General Motors and Toyota challenging Ford's market dominance. As a consumer cyclical, Ford's
sales are susceptible to economic downturns when purchasers postpone large-ticket purchases.
Shortages of semiconductors, raw materials, and other components have had an influence on
Ford's manufacturing volume, prices, and capacity to satisfy demand. Key commodities and
components such as steel and lithium are facing cost increases, reducing Ford's profit margins.
Tighter limits on fuel economy and vehicle emissions need continued expenditures from
automakers such as Ford.