Friday, August 9, 2019
Analysis of managerial functions of an existing company Term Paper
Analysis of managerial functions of an existing company - Term Paper Example The paper is ananalysis of planning and leading techniques that form part of Borla. Planning as a core function of management remains an inevitable recipe in success (Griffin, 2012). The automobile industry remains one of the business opportunities with great challenges. Therefore, managers must make flexible and comprehensive policies, which promote successful delivery of services. Borlaââ¬â¢s 25 years of outstanding performance has continually allowed it to expand to different markets. Evidently, no management can effectively expand its operations without succinct management plans. Same to other institutions, the planning process at Borla is top notch. The micro and macro level spectrum takes cognisance of the current market, intended recipients and long-term objectives. Borlaââ¬â¢s search for a perfect and accessible manufacturing space has never stopped. Since conception, the company has shifted location from one place to another. Certainly, this is not a sign of weakness, but rather thestrength to find a better location for proficient production. Founded in 1979, it did not stay in New York, NY for long. In 1984, it moved to Oxnard, CA setting camp for 25 years and later moved to Johnson City, TN in 2009. Interestingly, it did not cease operations in the former cities; nevertheless, it facilitated a continuous growth in marketing and sales not forgetting R&D departments in Oxnard. Indeed, this is a clear strategic balance of growth. A good company should not move all of its operations to the next market no matter how promising it looks. Evidently, Borlaââ¬â¢s vision is to provide world-class products that surpass customerââ¬â¢s expectations. For many companies, action ends in the promises; however, Borla has given assurance from differen t perspectives. Currently, the company is expanding its markets to China and Russia. Although challenges of
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