Effective Team and Performance Management Essay - 8

Effective Team and Performance Management - Essay Example Thus it has become an obligation for the organizations to develop competencies in order to cope with the prevailing challenges. This study seeks to examine the problems faced by Electron, a small manufacturing company of UK. The report will be divided into four sections and each section will focus on certain areas related to the subject. The first section will present a brief overview of the company. Once, the company becomes familiar, the next task of the report is to identify the prevailing issue that the company is currently dealing. The report will try to identify most of the problems, but will put emphasis and thrust on the major issues which are currently the major concern for the company. The possible impact of the problem on the company as well as the company will be determined with the help of reviewing the literature and theories proposed by scholars about the area of concern. At the initial glance, it has been observed that the case tries to put emphasis on the issues of t eam management. Therefore literature related to team performance and management will be considered. It is believed that literature as well example regarding the subject can be found in large numbers and hence the theories can even be contextualised. The literature to be considered for this study is Managing Teams for Dummies by Marty Brounstein, Team Players and Teamwork: New Strategies for Developing Successful Collaboration by Glenn M. Parker and Young Guns: A New Generation of Conservative Leaders by Paul Ryan, Eric Cantor, Kevin McCarthy. The principal reason behind choosing the aforementioned literature is that it has the ability to contextualise the theories. 2.0 Introduction Electron is a small company involved in the manufacturing and marketing of telecommunication components. The company was established in the year 1997 and is currently headquartered at UK. The company employs around 150 people in the headquarters and among them 90 people belongs to the manufacturing depart ment. Previously, Electron was one of the divisions of one of the large telecommunication company of UK. However, in the year 2007, the Electron parted its ways and started to conduct business activities separately. In the meantime, the company had also purchased the manufacturing segment as a plan to embrace development. The parent company is still the largest customer for the company and has been responsible for ensuring growth of the company. The company operates with the traditional organizational structure, which comprises of manufacturing department, engineering department, human resource department, sales and marketing department and the finance department. The manufacturing department of the company is divided into 8 teams and have been named as per the colours which are red, blue, white, green, silver, aqua, purple and yellow. Each of the team consists of ten members and among them some are temporary and some are permanent. Most of the employees are of the age 25-50. The co mpany practices concertive leadership in order to monitor and manage the employees. Although at the initial days of its operation, the company was doing well, but in the mid of 90s, the company was lost its way and was finding difficulties in operating effectively in the market place. The situation further worsened for the company due to severe competition from the electronic manufacturers. However, the