Experts say that organizations are becoming increasingly decentralized, with authority, decision-making responsibility, and accountability being pushed farther down into the organization. How will this trend affect what will be asked of you as a new manager?
In: Operations Management
Case study for one of the following topics:
DECISION-MAKING
MANAGING TEAMS
GREEN MANAGEMENT
Please follow the CASE STUDY ANALYSIS GENERAL OUTLINE on below.
I – TITLE OF THE CASE
II – TIME CONTEXT
(The approximate time when the case happened. Consider only this time period when
you analyze the case.)
III – VIEW POINT
(Consider always the point of view by the concerned officer/s based on the course being undertaken example: Marketing Director if the subject is marketing management, CEO if business Policy/ management.)
IV- AREAS OF CONSIDERATION
A.
B. Situational Analysis
1. General Environmental Analysis
2. Industry Analysis
3. SWOT Analysis
V- STATEMENT OF THE PROBLEM
VI – ALTERNATIVE COURSES OF ACTION
VII – ALTERNATIVE EVALUATION
VIII- PLAN OF ACTION
In: Operations Management
Office of Technology Transfer – University of Michigan
How does this university transfer research technology to the commercial markets?
Is it successful?
What are some examples of success?
Write a report on your findings
In: Operations Management
Political Culture is considered important in Comparative Public Administration as it is the set of attitude, beliefs and sentiments which give order and meaning to a political administrative process. Political Culture also provides the underlying assumptions and rules that govern behavior in the administrative system.
1)Briefly explain any Four features of Political Culture
2)Briefly discuss how the four (4) features discussed in Part B (1.) can affect the administrative system in developing countries like Zambia.
In: Operations Management
Why are ethics important in data collection, data analysis and reporting? (100 to 150 words)
In: Operations Management
Case study
Mahmoud is a manager in a car manufacturing company, he is faced by a business problem; as he has poor staff commitment and this, in turn, has a negative effect on the company’s profit. Mahmood will need to deliver a report and a presentation demonstrating his approach to solving this problem to the Company Executive Manager. Mahmoud has decided to do some research to solve this problem.
In: Operations Management
I am going to pick the Front Page of the Newspaper method. The front page of the Newspaper Method is defined as the analytical technique use by public figures to know how their actions might look to the outside world. People generally manipulate their efforts to fit into the society they live in. Furthermore, this model works with the dilemma previously mentioned because public figures should be aware of their course of action; thus, this method helps them to stay away from controversies. As a public figure, one must know that their behavior influences many common people, so rationalizing and manipulating is essential. When analyzing how a given course of action will look, count on the fact that most, if not virtually all, members of the community will lack some or all of the important information about the public official's actions. There's a strong likelihood the information the community receives — particularly if the data comes from a source other than the public official in question, such as the media — will be critical, incomplete, skewed, and perhaps even inaccurate. For a course of action to comfortably pass the front page test, it needs to survive the community's scrutiny even with incomplete or skewed information. I completely agree that these types of dilemmas occur all the time and it is true to what we hear, what we want to hear, and what we want to believe in. Questions that I would ask myself in regards to this method are; was this the right thing to do, who and how does it benefit, and is it fair? Dilemmas are the process of decision making between two desirable options or sometimes even undesirable as well. This method helps work through difficulties because instead of focusing on deciding what's right and wrong, one portrays themselves according to different situations and manipulate their behavior or actions for the same.
Does this only work for public figures? Is their position what makes it work?
In: Operations Management
One of our first discussions asked us why we need morals if we have laws? The answer, which seems painfully obvious to me, is that because they represent two different claims on our behavior that sometimes come into conflict. You can have an unethical law! If you do not believe me, I think the class can carpet bomb you with examples to prove the point. So, let us accept it as proven laws are not ethics, and ethics are not laws.
Why then do laws have a role in the Blanchard and Peale method? Why does the legality of an act becomes significant to determining the morality of an act in this system? I suppose one answer is that Blanchard and Peale is not about ethics. But if you want to go that rout, why are we studying it? If laws are not ethical mandates, why should they matter to determining the ethical thing to do?
In: Operations Management
CASE STUDY - Western Power
In response to the steady growth in southern California, Western Power decided to build an innovative $ 1 billion power plant near San Diego, as this new plant will not only generate high levels of clean electrical energy using new technology, but rather the energy generated by some cities will suffice. Nearby, enough energy could also be generated to sell to other utility companies in the rest of southern California and parts of neighboring states.
Therefore, the executive management of Western Power was keen to complete the project as soon as possible due to the large returns expected from these additional sales.
Nevertheless, as soon as news of the proposed power plant construction began to spread, the company found great opposition, especially from residents near the construction site of that station. Once construction began, many proceeded to institute several lawsuits in an attempt to halt construction, and the "Western Power" was only adopting an intensive campaign to build public relations through which the local population could be persuaded of the benefits of this project.
After several months of delay, work on the project continued and the marketing department of the company began contacting other public utility companies so that contracts could be signed to sell energy to them. Then it became clear that the returns resulting from electricity sales would not be as large as expected, and therefore the administration asked Rob Hedge, the project manager, to find ways to reduce the construction budget so that the expected level of profitability from that new plant could be maintained.
Unfortunately, Rob was unable to find different ways in which to reduce construction costs due to the presence of strict regulations from environmental protection organizations and many other government agencies regarding the foundations of building power plants, so he was only asked by architects and designers to suggest some changes in designs Through which construction costs can be reduced, the designers made a number of suggestions that would reduce costs significantly, but unfortunately construction engineers were unable to make the proposed changes due to the advanced technology used to generate power at that plant. In spite of this, they finally agreed to make some changes, which were implemented immediately. Rob called on architects and construction engineers to be present on the construction site permanently so that other ways to adjust design can be sought to reduce costs.
After one year of a five-year project, the head of the construction company requested an urgent meeting with the head of the "Western Power" company, where he complained about the numerous design changes that caused severe confusion to the workers as well as overtime. He explained that the building engineers make changes during construction on the site without informing the design engineers so that they can update the plans. Also, construction managers are often unaware of these changes, which means that some tasks were sometimes done in error. In addition, design engineers have made some inappropriate design changes without consulting construction engineers, causing them to be re-worked more than once.
Also, after extensive investigations, the Western Power administration received notifications from government oversight agencies that two essential parts of the first phase of the project did not meet government standards and had to be rebuilt. When the administration also learned that the project was six months behind schedule, and there was an additional 10% cost to the budget, it fired the project manager.
If you are appointed as a new project manager. What actions will you take to better address problems and control this project?
In: Operations Management
Design an evaluation procedure for either the police or fire department in a mid-sized city. BE SPECIFIC. This is supposed to be evaluation of an individual employee, so use BARS, Trait, critical incident to explain.
In: Operations Management
I am making a project on iphone 12. Could you fill this risk register.
Risk Register |
|||
Project |
|||
Project manager |
Version |
||
Date created |
Updated |
ID |
Author |
Date Registered |
Risk Category |
Description and areas affected |
Probability (1-10) |
Impact (1-10) |
Score (PxI) |
Risk Response |
Risk Owner |
1 |
|||||||||
2 |
|||||||||
3 |
|||||||||
4 |
|||||||||
5 |
|||||||||
6 |
|||||||||
7 |
In: Operations Management
2. Assess the possibilities of success from some relatively new products. This is not based on whether you like the product or not, its your assessment as to whether it can be successful and what needs to happen to ensure that it is successful. In your write up, include specific target market(s).You are assessing 3 of them.
(Nair for Men), (Blk Water) & (True Lemon)
In: Operations Management
In: Operations Management
Blair & Rosen, Inc. (B&R) is a brokerage firm that specializes in investment portfolios designed to meet the specific risk tolerances of its clients. A client who contacted B&R this past week has a maximum of $50,000 to invest. B&R's investment advisor decides to recommend a portfolio consisting of two investment funds: an Internet fund and a Blue Chip fund. The Internet fund has a projected annual return of 12%, while the Blue Chip fund has a projected annual return of 9%. The investment advisor requires that at most $35,000 of the client's funds should be invested in the Internet fund. B&R services include a risk rating for each investment alternative. The Internet fund, which is the more risky of the two investment alternatives, has a risk rating of 6 per thousand dollars invested. The Blue Chip fund has a risk rating of 4 per thousand dollars invested. For example, if $10,000 is invested in each of the two investment funds, B&R's risk rating for the portfolio would be 6(10) + 4(10) = 100. Finally, B&R developed a questionnaire to measure each client's risk tolerance. Based on the responses, each client is classified as a conservative, moderate, or aggressive investor. Suppose that the questionnaire results classified the current client as a moderate investor. B&R recommends that a client who is a moderate investor limit his or her portfolio to a maximum risk rating of 240.
(a) | Formulate a linear programming model to find the best investment strategy for this client. | ||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||
If required, round your answers to two decimal places. If an amount is zero, enter “0”. If the constant is "1" it must be entered in the box. | |||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||
(b) | Build a spreadsheet model and solve the problem using Solver. What is the recommended investment portfolio for this client? | ||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||
What is the annual return for the portfolio? | |||||||||||||||||||||||||||||||||||||||||||
$ | |||||||||||||||||||||||||||||||||||||||||||
(c) | Suppose that a second client with $50,000 to invest has been classified as an aggressive investor. B&R recommends that the maximum portfolio risk rating for an aggressive investor is 320. What is the recommended investment portfolio for this aggressive investor? | ||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||
(d) | Suppose that a third client with $50,000 to invest has been classified as a conservative investor. B&R recommends that the maximum portfolio risk rating for a conservative investor is 160. Develop the recommended investment portfolio for the conservative investor. If an amount is zero, enter “0”. | ||||||||||||||||||||||||||||||||||||||||||
|
In: Operations Management
Creating effective interdisciplinary teams can be difficult if members do not report to the team leader. This is a common issue in health care because each discipline tends to have its own director/manager. How does a team leader enforce participation if he/she does not manage team members?
In: Operations Management