Boeing Aircraft Company Case Study Example | Topics and Well Written Essays - 1000 words

Boeing Aircraft Company - Case Study Example This American aircraft company is also respected for reportedly holding the most diverse, inventive and skilled workforce in the world (Boeing, 2013). The specific areas of competition that Boeing currently witnesses can be identified on the grounds of managerial economics, unique and valued added business strategy applications and managing the various external forces efficiently. In this regard, influence of changing customer behavior and competitive barriers raised by its chief contemporaries (including Airbus SAS) shall be noteworthy (Taylor & Tillmanns, 2002). Competitive Strategies applied by Boeing and Airbus Boeing has been successful in capturing a large proportion of the current aircraft market and subsequently, acquiring a significant position in the service industry. In the current scenario, Boeing exercises around 54% share of the aircraft market while its total commercial department amounted to $30.1 billion as on the year 2001. Notably, the invention of 747 Jumbo Jet in 1966 by Boeing brought about a revolution in the world of air travel. Correspondingly, Boeing had approached the aircraft market through a unique innovation of the large sized point to point aircrafts. Recently, it has developed a Wi-Fi inside the plane which will create an ease for the passengers in accessing internet during their journey in air (Taylor & Tillmanns, 2002). As apparent from the discussion, one of the approaches considered with principal significance by Boeing when entering the aircraft marketplace is continuous innovation. A chief competitor of Boeing, as was mentioned above, is Airbus SAS. Airbus was founded in the year 1970 as a result of association in the European aerospace industry. Later it was amalgamated into a single company by the year 2001. As on 2001, it captured 46% share of the global aircraft market being second to Boeing. Historically, the company was established by the European countries with an intention to compete with the larger American aircraf t companies and earn a good subsidiary form the European governments. It has a wide range of product line such as the Twin Aisle A340 and the Single Aisle A320. It is in this regard that working in a common market and above all, because Airbus was designed with an intention to compete with the American airline industry players, it tends to be a major rival to Boeing (Taylor & Tillmanns, 2002). Similarity and Differences between Boeing and Airbus Boeing and Airbuses, being the major competitors to each other, possess certain similarities as well as differences in various strategic aspects. On the basis of the notions related to managerial economics, both the companies can be observed to operate with a similar approach of customer service oriented management. Both the companies have therefore been designing the aircrafts keeping in mind the comfort of the customers and their growing needs of convenience as well as security. The aim of both the aircrafts has thus been centered to earn profits along with sustainability by rendering quality services in addressing almost every minute requirement of their targeted customers. Both of these are involved in the creation of additional benefits to the customers by developing newer and innovative aircrafts on a

Teamwork Skills and Critical Appraisal of Presentation Essay

Teamwork Skills and Critical Appraisal of Presentation - Essay Example We were amazed at the idea of this educational charity project, which transformed a clay mine into a garden where students and non-students alike can learn more about the environment. The gardens for instance, consisted of various plants that are found in various parts of the world, and are usually grown in different climates, but could still survive under England’s climate conditions. At the same time, the people behind the project also made sure that the experience was enjoyable, by incorporating culture, music and theatre arts in their education programme. Indeed, the Eden project is in itself, an excellent mix of science, technology, the arts, culture, horticulture and architecture. We found it particularly inspiring how the project also aims to reach out to various members of society- such as prisoners from the prisons in the South Western part of the country, wherein these prisoners are taught skills such as planting fruits and vegetables, marketing, sales, distribution and even construction and maintenance, so they can continue to develop and improve their abilities, and create employment opportunities for themselves in the future. The following pages of this report shall discuss what my team did during the whole trip, and the skills that we found to be useful in accomplishing our tasks. The Belbin Teamwork Framework Belbin (1983) established his teamwork framework in 1981, and since then, his framework is one of the most popular when it comes to developing and assessing team development. When it comes to achieving optimum performance for any organisation, Belbin believes that one of the first things to consider would be the composition of the team itself. In other words, it is crucial to take into account the roles that different members of the team play, and how each member interacts with the other members of the team. In an organisation, or a team, Belbin believes that there should be individuals who take on one of nine roles, or at least some of his nine roles. These nine roles are: 1) the shaper, 2) the implementer, 3) the completer-finisher, 4) the coordinator, 5) the team worker, 6) the resource investigator, 7) the plant, 8) the monitor-evaluator and 9) the specialist. All these roles are also supported by corresponding individual characteristics. For instance, the ‘shaper’ is one who is focused on the task, is highly motivated and is determined to achieve goals. His role is ‘shaping’ the other members of the team to fulfil this purpose. The ‘coordinator,’ on the other hand, is more interactive with the other members of the team. He/she is the one most likely to trust that the other members of the team can and will carry out their respective tasks. For the most part, coordinators are optimists, who are tolerant of the mistakes of others. At the same time, he/she may also be strict with rules. The ‘resource investigator’ is the one who is constantly on the lookout fo r information and thus may never be able to be found in one place. He/she may have the characteristics of a negotiator, and he/she is the one who actively takes on the task of exploring opportunities and meeting new people. The resource investigator is also likely to be the curious one of the team- always asking questions from others and adopting and modifying other ideas picked up from other individuals. The ‘implementer’ on the other hand, is characterised as a practical individual, who trusts easily and is respectful of traditions. They are more realistic and may also be conservative. They may not take too well to changes within the organisation. The ‘