Successful Construction Waste Management †MyAssignmenthelp.com

Question: Discuss about the Successful Construction Waste Management. Answer: Introduction: The present day business world has become much more competitive than it was a few decades ago. This can be attributed to various factors like the advent of globalization, the advancement of technology, the innovative strategies used by the various companies and business organizations and others. Therefore, the various companies and business organizations often undertake an analysis of their internal as well as external environments in which they operate in a bid to device strategies by means of which they can outrival their competitors (Hitt, Ireland Hoskisson, 2012). In addition to that, the identification of the various risks and the formulation as well as the effective implementation of these strategies also forms an important part of the overall business plan of the companies or the business organizations concerned. It is to be noted that organizational performance is another factor which the various companies as well as the business organizations take into consideration. This e ssay intends to give an overview of the Australian company Victorian Taxi Association and the factors which affect their business. The Victorian Taxi Association also known by the acronym VTA is one of the major taxi service providers in the country of Australia (Victaxi.com.au, 2018). This particular association has been in business in more than 50 years and is known for providing quality services to the customers of the nation of Australia (Victaxi.com.au, 2018). The association was started in the year 1972 by the cab driver Andrew Gilmartin who is currently the head of operations for this particular association (Victaxi.com.au, 2018). It is to be noted that it is a member based organization and is known for advocating the rights of its members and promotes the work of the taxi industry (Victaxi.com.au, 2018). The association aspires to make its members or participants know their rights as well as responsibilities related to the Australian government and its legislation. The association is also known for representing the taxi industry to the general public, responding to relevant news and announcements and try ing to get the word out there about the great work of their members or participants (Victaxi.com.au, 2018). It is to be noted that the association is also known for its initiative in the genre of identification of new areas of opportunities and also for collaborating on behalf of its various members with the local governments. Therefore, it will not be too far-fetched to say that the interventions of this particular association has made the taxi service facilities a much reliable mode of transport for the Australian people (Mulley et al. 2012). According to an estimate, this particular association generates $820 million is fare revenue each year engaging more than 17,000 people from different parts of the nation, which accounts for over 40% jobs in this particular industry (Victaxi.com.au, 2018). Thus, kit can be said that this particular association forms one of the wheels around which the machinery of the Victorian economy revolves. The internal as well as the external environment in which a particular company or business organization operates in wields a significant influence on the business of the company or the business organization concerned. It is to be noted that the various companies as well as the business organizations often take the help of the framework of SWOT analysis for the purpose of the analysis of the internal environment of their company (Yuan, 2013). The strength of the Victorian Taxi Association can be said to be the fact that it has been in business for the past 50 years and holds a name which is trusted in the Australian transport industry. The association is also known for effectively managing the various individual taxi drivers in the Victorian region. In addition to that, the quality services provided by the association also acts as one of its strength. The weakness of the Victorian Taxi Association can be said to be the fact that in the recent times the association has failed to effect ively manage the various disputes related to the transport industry. A typical example of this is the $2 extra levy tax imposed by the government of Australia on the taxi drivers (ABC News, 2018). The present economic condition as well as the lifestyle of the Australian people acts an opportunity to this particular association. The association faces certain treats from the rise of the various competitors like Uber and others. The framework of PESTLE analysis is often used to analyze the external environment in which a company or a business organization operates (Srdjevic, Bajcetic Srdjevic, 2012). It is too be noted that the political climate of the Australian nation is a stable one and congenial for trade and commerce. The government of Australian itself takes several initiatives for the promotion of trade and commerce. Therefore, this particular political climate will be very congenial for the business activities of Victorian Taxi Association. The economic system of the nation of Australian is one of the most stable ones in the world (Daley, McGannon Ginnivan, 2012). However, it is to be noted that the Victorian Taxi Association has to pay around $200 million to the government of Australia in the form of tax money (Victaxi.com.au, 2018). In addition to this, the association also needs to take into consideration the various other economic legislations of the Australian nation, the recently imposed levy on the taxi drivers being one of them. The social climate of the nation of Australia is a very liberal one and the people generally like to indulge in lavish lifestyle (Turner, Fiske Hodge, 2016). Therefore, the taxi services form an important part of their lifestyle. It is to be noted that this kind of social environment is very congenial for the functioning of the concerned association. The nation of Australia is a fairly technologically developed one and the people like to take the help of the recent technology as well as innovations in their day to day life. Therefore, the online facilities offered by the concerned association are much appreciated by the citizens of the Australian nation. The legislative framework of the nation of Australia has been devised keeping in view the current business environment of the nation (Parliament.vic.gov.au, 2018). Therefore, the nation has devised several legislations like the policy of free trade, equal salary rights and others. It is to be noted that these legislations actually act as a threat to the association as if the association goes on to follow all the legislations then that is likely to hamper the performance of the association. The Australian government has recently taken several initiatives towards the cause of the environment for example the control of the pollution, the rate of emission from the various vehicles and other (Sands Peel, 2012). These initiatives are likely to hurt the interests of the associations in the longer run as most of the vehicles are the major source of pollution. Risks form an important part of the process of the business management. It is to be noted that in the present day business world the various business organizations as well as the companies face a considerable amount of risk on the score of various factors (Ennouri, 2013). One of the primary risks which the association faces is on the score of the environmental damage which the various taxis related to the association cause. Another risk which the association is facing at the moment is the reduction in the prices of the various cars and vehicles and the reduction in the interest rate of the car and vehicle loans. The association also faces a considerable amount of risk on the score of the rise of the various competitors in the same industry. The association is also facing some problems in the management of its various members or participants. Organizational performance forms an important part of any company or business organization (Rasula, Vuksic Stemberger, 2012). Therefore, the various companies and the business organizations focus on this particular aspect to bring about their overall growth and development (Rasula, Vuksic Stemberger, 2012). The association under discussion here also uses here various strategies for the enhancement of its organizational performance. The first strategy which the association uses is the effective conveyance of the goal or the objective which the association is trying to achieve. Another strategy used by the association is to the use of process of effective communication to maintain an effective relationship between its various diverse members. The organization also uses the technique of regular assessment of progress for effective organizational performance. It is to be noted that the association under discussion here uses various strategies for the achievement of its desired goals and objectives. The first strategy which the association uses is the technique of effective communication to have a clear understanding among the various members related to the association. Another strategy which the association commonly takes the help of is the use conduct of regular meetings with its various members and also the assessment of their performance. Therefore, from the above discussion it becomes clear that an effective assessment of the internal as well as the external environment is very important for the various companies and the business organizations. It is to be noted that the various companies as well as business organizations need to regular assess their environment in a bid to develop strategies which will help them to overcome competition in the market. Furthermore, an effective analysis of the various risks related to the business is also important for the development of mitigation strategies. References Daley, J., McGannon, C., Ginnivan, L. (2012).Game-changers: Economic reform priorities for Australia(Vol. 8). Melbourne: Grattan Institute. Ennouri, W. (2013). Risks management: new literature review.Polish journal of management studies,8, 288-297. Hitt, M. A., Ireland, R. D., Hoskisson, R. E. (2012).Strategic management cases: competitiveness and globalization. Cengage Learning. Mulley, C., Nelson, J., Teal, R., Wright, S., Daniels, R. (2012). Barriers to implementing flexible transport services: An international comparison of the experiences in Australia, Europe and USA.Research in Transportation Business Management,3, 3-11. Parliament.vic.gov.au (2018) Parliament.vic.gov.au. Retrieved 29 March 2018, from https://www.parliament.vic.gov.au/images/stories/committees/SCEI/Ride_Sourcing/Submissions/Submission_8_-_Victorian_Taxi_Association.pdf Proposed $2 levy in taxis, Uber 'biggest in a long time'. (2018).ABC News. Retrieved 29 March 2018, from https://www.abc.net.au/news/2016-09-07/victorias-taxi-industry-will-not-support-proposed-2-dollar-levy/7821892 Rasula, J., Vuksic, V. B., Stemberger, M. I. (2012). The impact of knowledge management on organisational performance.Economic and Business Review for Central and South-Eastern Europe,14(2), 147. Sands, P., Peel, J. (2012).Principles of international environmental law. Cambridge University Press. Srdjevic, Z., Bajcetic, R., Srdjevic, B. (2012). Identifying the criteria set for multicriteria decision making based on SWOT/PESTLE analysis: a case study of reconstructing a water intake structure.Water resources management,26(12), 3379-3393. Turner, G., Fiske, J., Hodge, B. (2016).Myths of Oz: reading Australian popular culture. Routledge. Victorian Taxi Association - Home. (2018).Victaxi.com.au. Retrieved 29 March 2018, from https://www.victaxi.com.au/ Yuan, H. (2013). A SWOT analysis of successful construction waste management.Journal of Cleaner Production,39, 1-8.