Organization’s financial performance

Write a 1 page executive summary, along with an appendix of supporting information, in which you analyze an
organization’s financial performance as well as their level of risk for lending and make and present a
recommendation to help leadership make a loan decision’

 

Sample Solution

AirAsia had shown the fast growth trend and the possible to take the leadership in the Malaysian aviation industry. With all of type businesses, employees are the very important human resources that drive the central part of daily’s revenues and profits. Business purpose of AirAsia is based on the company’s mission to be the best company to work for whereby employees are treated as part of a big family. To better combine the employees into the company, AirAsia offer stock options to the employees to share with them the profit and interest brought by the fast growth of the business which close relationship with the hard work has contribute by the employees. The company also treats the employees as human capital through encouraging the staffs to further develop their both hard and soft skills and do the job that they are really interested and the company work hard at providing such opportunities. For example, AirAsia has provided training to employees and there are some stewardess became pilots after the internal training. Tony introduced the work culture in AirAsia has made a big impact on the growth of the organization as the employees were very happy to move forward in the same direction. Being invested in his or her employees will show a leader as concerned and considerate, more like a family in a business rather than just a worker and boss relationship. Employees have been treated as family, they feel very proud to be part of the team. Any ideas for the benefit of the organization are well accepted and the management rewards these outstanding ideas.

Tony Fernandez’s foresight and vision has turned AirAsia to become one popular airline brands in the world. Many observers believe that the successful of AirAsia is caused by the strong leadership of Tony. He was able to create good organizational culture and stressed the importance of working as a team. As the leader in AirAsia, he is easily approachable to all his staff. His office is smack at the heart of the company. Especially his office doesn’t have any walls and doors and then everyone can see him and he also can see everyone. He is in his polo shirt and with his famous baseball cap. All employees are free to enter his office if there is anything important needed discussion and needed an urgent solution. As what he believes in the current business scenario where business has become much more competitive so having too much bureaucracy could slow down the growth of the business.

His leadership emphasizes the importance of good interface among all the staff as he maintains a non-hierarchy practice in the office. He not believe in hierarchical structure and believing in talents within the organization and inspiring employees to achieve their dream as he believes everybody have their own dreams. He strongly believes in teamwork. He seems to use a more transformational approach which emphasizes the importance of having a goo

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