Gap Analysis Assignment: Business Model of Storey Energy

Student’s Name
Professor’s Name
Course
Date
Case Study: Storey Energy
Introduction
Occupational Health and Safety are integral to an organization, regardless of its nature of business. These measures enhance the work productivity of employees, create a sense of job satisfaction and security. It also poses a positive influence on the absenteeism and turnover of the employees by ensuring a clean, secure and healthy work environment for all employees. Furthermore, new employees feel welcomes in a clean and safe environment which gives an overall professional outlook. More importantly, organizational health and safety measures contribute to the alignment between employees’ personal and professional goals, decreasing the burden on the finances of the company. There are lesser insurance claims and the most important capital of the organization – the human resource can provide uninterrupted service to the organization. A critical assessment of this case study reveals the fact that negligence in the health and safety concerns can lead to adverse consequences, including but not limited to lower customer retention, negative publicity, and an increasing number of injuries.
Personal Attributes of George Storey
George Storey has real leadership qualities and a strong leader’s mindset, regardless of his autocratic style of leadership. Still, his employees, and especially the contract employees did not give much importance to George’s priorities.
Not only did he value health and safety concerns, but also understood the fact that his human resource were the key drivers of his organization’s engine of success. One evidence is that he also had empathy towards his employees. He did not want to lose his reputation or cause harm to the real assets of his organization, his employees. Plus, he always encouraged change and left job Shaw Pipe Coatings for the lack of advancement and tech practices there.
Business Model of Storey Energy
The business, as its products can be examined, had a diverse portfolio. Firstly, the firm had two divisions, performing entirely versatile functions – manufactured products and services. George Storey understood that technology has become the life-blood of organizations and a cornerstone of organizational success (Kew and Stredwick 52). The firm also sold software and remained on edge as compared to their competitors. The firm has a unique business model, which provides real-time services by maintaining a database and contact with engineers, technicians, mechanics and welders.
Gap Analysis
Gap analysis also referred to as a needs assessment or need-gap analysis, is a model used to analyze the difference between the present state of an organization and its target state (Austin et. al. 14). This target state could have different parameters. For example, if a company anticipates a certain profit figure and compares the budgeted income with the actual, and makes measures to ‘minimize’ the gap, it is said to apply the gap analysis.
Application of Gap Analysis to the Case. Gap analysis tends to be the most suitable model for implementation on Storey Energy’s safety management system (Skibniewski 248). Currently, organizations like WH...