Question

A description of the purpose and goals of the organisation.

A description of what the organisation produces and/or the services that it offers and a description of the main customers

An analysis of four external factors and their impact on the business activities of an organisation using an analytical model

A description of the organisational structure that includes a description of at least four functions

An explanation of how these different functions work together within the organisation to optimise performance

An identification of the culture of the organisation and two ways this affects operations

Referring to three CIPD Professional Areas, a description of three activities that the HR department would perform to help support the organisation

An explanation of three ways in which HR could support both line managers and their staff

Solution

1.1 Purpose and Goals of Aabar Investments

Purpose of Aabar Investments

The company operates through investing in different sectors. The sectors where the company has ventured their operations include energy, infrastructure, aviation and Aeroscope. Others include real estate development, automotive, commodities and financial services. This is implemented for the purpose of developing a lasting economic value which is sometimes independent of near-term market disruptions. To achieve in its set purposes, it strives in partnering with their best-in-class entrepreneurs and corporations. Ultimately, a long-term relationship which is a fundamental factor in their current success.

Goals of the Company

The purpose and goals of the organization characterize their best practice and operations in the hostile and competitive UAE and global markets. The primary goal of the company is aligning itself with companies with an understanding of the benefits and realization of a long-term vision that can be actualized. Its key approach is based on nurturing the ambitions of others with a unique formula for success on the basis of a mutual acknowledgement of their overall goals. Through this achievement, Aabar company focuses on positive transformation of their assets, human resources, and communities that are there in their jurisdiction.

The company products and services include houses in the real estate, different forms of infrastructures, construction materials, financial services and food. In addition, the company delivers energy, commodities, automotive and aeroscope products and services. Aabar’s mandate is investing in different industry sectors for attracting opportunities with significant growth potential with a target of fulfilling the investment strategy of the government of Abu Dhabi.

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