Introduction to Management Essay Example | Topics and Well Written Essays - 2500 words - 1

Introduction to Management - canvass ExampleThis essay will explain business management theory and its application to Medibank Private, a hint prominent insurance and healthcare provider in Australia. As a new manager who show weak organizational culture and poor customer-driven approach, some recommendations are explicated herewith to enhance the institutional subject matter toward virtue of service.Medibank(2011) is a government-owned health insurance company organized in 1976 in Australia with the facilitation of the Health amends Commission, also known as Medicare Australia. It is the largest and dominant health insurance with an estimated subscriber of 3.6 million insurance holders. As a dominant insurance company, Medibank (2011) possessed Australian Health Management (AHM) and merged with HSA Group in 2009. With these developments, the company expanded by opening the Health Solutions Division which takes care on health insurances viewing basic medication such as clinic al services, preventative, and health support programthe latter is inclusive of coaching services through the Medibank Health Solutions and Travel Doctor. In mid- 2010 Medibank (2011) purchased McKesson Asia-Pacific, which transformed company into a health solution and insurance provider organization.Medibank (2011) decided in 2010 to amend its basic First Choice Savers hospital form _or_ system of government. The benefits associated to heart operations and reproductive services became accessible only by customers who opted to increase its health policy at a higher cost of 50% more for the restricted services (Medibank, 2011). The company evolved into a corporate company in 2009 under the regulation of Private Health Insurance Administration Council (PHIAC). In exercising their corporate social responsibility, Medibank (2011) supported health-related and community-based charity.However, much as the institution endeavors to attain corporate excellence and to achieve operational eff iciency, the organization has apparent weak