Friday, April 26, 2019

Employee Relations Assignments One Case Study Example | Topics and Well Written Essays - 2000 words

Employee Relations Assignments iodin - Case Study ExampleI identified UK Leasline as the most appropriate organization that could avail the sm any line of products to accomplish its goal. The company offers capital to businesses in the UK at affordable terms, and I needful to purchase the office equipment at hire purchase to pay through installments as the business expanded. However, it was onerous to acquire the realisation facilities since my business was a start up and therefore there was no collateral.I had to negotiate with the character reference appraisal team for to prove that my business had the potential of growing to a secure size to repay the borrowed capital. I knew that after launching the business, there were high chances for it to grow gain the competency to negotiate better for loans. However, to get to that point, I had to use negotiation techniques so that I could not expel the opportunity. Since I had no tangible property but ideas, there was no need to negotiate with the assurance valuators. The appropriate person was the credit man daysr, who on the other hand was not directly concerned with issues regarding credit appraisals. But I had to proof my case to him and negotiate a deal because when I contacted the junior officers, they insist their principles of collateral as well as offering credit to move businesses. With such principles, I could not excel in business.I consideredI considered myself successful even before I engaged in the negotiation process since I had the conviction that my idea was prudent and that anyone else who would give it a critical thought would predominate it an inventive decision. I remembered what a teacher who was my mentor once commented that I was a critical thinker. I had developed a close relationship with him because of the way I approached issues with sophistication. These memories gave me confidence and motivation to go earlier with my aspiration. On the other hand, I had witnessed start u p businesses becoming successful, especially the ones that dealt with the same field as my intended undertaking. This meant that the business could attain sustainable profitability while on the other hand continuing to repay the equipments acquired on credit. I intended to show the senior credit officer my business blueprint and explain my vision to him so that he too could visualize my idea. I always though of how I would be happy after accomplishing my mission. However, I knew that there were drawbacks that could become a hindrance to my efforts of acquiring the loan.In the first place, I had no track record of previous loans that I had successfully repaid. This lowered my chances of proofing my credibility. Nevertheless, my age was an indicator of insufficient experience in handling large sums of money or managing a business on my own. I remembered how one of my friends took over the management of his fathers business after he was taken ill, which direct to its collapse. The bu siness had been established through a loan for the purchase of equipment. To make the matter worse, the head of the credit appraisal team in UK Leasline worked in the company that issued the loan as a credit appraiser at the time. Only three years had passed from the time the business collapsed, which led to the demotion and eventual termination of all the credit appraisers that were involved in the appraisal of my friends father to qualify for a loan. The dilemma in this power was the fact that the head of the team who was to appraise my

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