impact on stakeholders of the privatisation and flotation of the Royal Mail Established in 1516‚ Royal Mail is a postal service business‚ based in London‚ UK. Royal Mail had always been a public service for most of its history‚ considered to be a government department. However‚ with the rise of E-mail and the online social networks‚ there has been a torrential fall in the volume of letters‚ which was once the major business of Royal Mail. Faced with great financial hardship‚ Richard Hooper‚ the former
Premium Corporation United Kingdom Mail
office- Royal Mail Introduction: Recently‚ Royal Mail Group will be sold at least 1/3 of the whole business to private companies or foreign postal companies in the United Kingdom. One of 71 post centres‚ half of them will be cut down‚ and 50‚000 employees will possible lose their jobs. One hand‚ this essay will demonstrate the crisis issue from public; on the other hand‚ how the issues have been handled by the Government and analyze these strategies and tactics. Main body: Royal Mail Group
Premium Mail United States Postal Service Internet
Royal Mail Privatization According to the Business News on ‘BBC’ which was updated on 8 October 2013‚ the government intended in privatizing Royal Mail as this had been planned for many years. Royal Mail employees have been given 10% of the shares as part of a stock market flotation. Business Secretary Vince Cable described it as “the biggest employee share scheme for almost 30 years”. Meanwhile‚ the public have been given the opportunity to apply to buy shares online until 8 October. An amount
Premium Privatization Mail Stock market
your mail getting to you or the recipient securely and in a timely manner. Royal Mail is used as the best external mail service however‚ there is now several different businesses that offer similar services to Royal Mail which can be cheaper and will offer deals if you need to send a number of parcels for your business. In most cases with all delivery companies you use they can send items locally‚ nationally and internationally and they can be sent now within 24-72 hours. When receiving mail into
Premium Marketing Customer service Management
MOTIVATION AT ROYAL MAIL INTRODUCTION Employee motivation is‚ or at least must be‚ one of the key issues for directors‚ managers and personnel managers. The leader must be able to find the sensitive strings of his subordinates‚ which can be motivated by influencing them to achieve high performance. The correct use of motivation encourages staff to make more efficient use of their knowledge‚ skills‚ and talents. In today’s turbulent‚ often chaotic environment‚ commercial success depends
Premium Motivation Maslow's hierarchy of needs
Royal Mail was established by King Charles the first in 1635 as a way for the public to cover his own cost of mail. Over the next 370 years‚ Royal Mail has provide the UK public with its postal services‚ while at the same time providing innovations in the ways of postal delivery that will help shape the way we communicate. With the ever evolving world of technology and the digital medium‚ Royal Mail‚ over the past decade and a half‚ have had to adapt to these new forms of communication by increasing
Premium United States Postal Service Mail United States
The royal mail industrial dispute Two days of national strike action was taken in October 2009‚ supported by an overwhelming YES vote of three to one launched by Communication Workers Union (CWU). The dispute over pay‚ job securities and working conditions is still continuing although CWU has suspended strike to provide a period of calm for the Union and Royal Mail to negotiate a full and final agreement on the introduction of automation and relevant working practices. The strained relations of
Premium Trade union Strike action Employment
Glossary‚ 2005 In 2002 the Royal Mail organisation was haemorrhaging losses of over £1 million a day (approx $500 million a year). These harrowing losses a well as other negative factors such as poor culture‚ industrial relations‚ etc‚ within the Royal Mail had been exposed since its privatisation. Because of these losses and other negative factors the Royal Mail highlighted and decided upon a culture change programme‚ which they needed to invest in. So‚ in 2002 the Royal Mail launched their biggest
Premium Management Maslow's hierarchy of needs Human resource management
THE ROYAL MAIL AND ITS HUMAN RESOURCE MANAGEMENT STRATEGY AND POLICIES The essay is about the Universal postal firm in United Kingdom named the “Royal Mail” and its Human Resource Management Strategy and policies from 2005-2010. The essay starts with an Introduction and includes certain other factors which are mentioned below including its Competition‚ credit crunch and the measures taken by the Royal Mail to face all these Obstacles. Introduction:- Royal mail is the United Kingdom ’s
Premium Strategic management Mail Human resources
overview of the overall purpose of an organisation‚ in our case Royal Greenland company. After that‚ I am going to continue with the biggest and the most important part of my report- analysis section. Firstly I will do analysis of the company’s internal factors using M. Porters tool value chain. Onwards‚ I am going to figure out in which market- B2C‚ B2B or B2G is our company belongs to in a demand analysis. My third point will be analysis of competition where I will apply Porters 5 forces to clarify
Premium Russia Supply chain management Competition