Questions
(Question 1)Module 8 - Strategic Thinking Design two specific processes that you can use to encourage...

(Question 1)Module 8 - Strategic Thinking

Design two specific processes that you can use to encourage strategic thinking in your HCO. Compare how these different processes offer this encouragement.

  • Your post should be 175-250 words.

(Question 2)

Module 8 - Future External Challenges to Health Care Organizations

Identify at least one external challenge to HCOs you see arising in the near future. Provide at least one example of how your HCO could prepare to meet that challenge.

In your post, discuss your prediction related to how the roles of the strategic planners and facilitators will change in the future.

  • Your post should be 175-250 words.

In: Operations Management

Complete a SWOT analysis for the below case study: SWOT analysis using SWOT diagrams or matrices...

Complete a SWOT analysis for the below case study:

  • SWOT analysis using SWOT diagrams or matrices is a key part of any business planning or analysis.
  • SWOT stands for strengths, weaknesses, opportunities, and threats. Strengths and weaknesses are internal factors and opportunities and threats are external factors. A SWOT diagram analyzes a project or business venture by focusing on each of these factors. It typically consists of four boxes, one for each area, but the exact shape may vary depending on the design.
  • SWOT diagrams can be especially useful when trying to decide whether or not to embark on a certain venture or strategy by visualizing the pros and cons. By clearly outlining all positives and negatives of a project, SWOT analysis makes it easier to decide whether or not to move forward.

Case study: Bavarian Auto Works in Indonesia (Germany/Indonesia) Dennis R. Briscoe, PhD, University of San Diego The organizations involved: Bavarian Auto Werks GMBH (BAW) Jakarta Electro-Assembly Ltd (JEA) The IJV: Jakarta-Bavarian Auto Works Ltd (JBAW)

It has been one month since management at Bavarian Auto Werks in Germany had increased its stake in the Indonesian firm, Jakarta Electro-Assembly Ltd, to just over 50 percent. The initial negotiations for this joint venture had been lengthy and difficult, but finally there had been an agreement to move ahead with joint manufacturing on a limited scale, with BAW providing limited equity, technology and equipment, and managerial expertise. The initial collaboration seemed to work out, so now BAW was increasing its ownership. At the conclusion of the original negotiations, BAW had sent a team of managers and engineers to Jakarta to provide some management assistance to the ailing Indonesian firm. The head of that team, Stephan Ritter, had been a member of the original team that performed the due diligence to analyze the condition of Jakarta Electro-Assembly (JEA) and had headed the team that had negotiated the joint venture agreement. This was the first joint venture that either BAW or JEA had entered into, so both were inexperienced in this process of international negotiations. The joint venture was named Jakarta-Bavarian Auto Works Ltd (JBAW). Stephan and his wife, Nicole, were the first Germans to arrive in Indonesia. The pace of change had been incredibly rapid and now Stephan was wondering what could be done to ensure the success of the new restructuring, based on BAW’s new majority ownership (now at 52 percent). With the exception of a few of the most senior managers, employees at JEA (now JBAW) had no direct way to receive information about the negotiations or its results. Initially, JEA employees were quite supportive of a deal with BAW. But soon after the deal was completed, and the new team of additional Germans had arrived (six specialists: an accountant and five manufacturing engineers), the high expectations were gradually replaced with fear of the actions the Germans were likely to take as they assumed their management and operational roles. The existing senior Indonesian managers were afraid that they would be replaced by younger managers who spoke English. And the other Indonesian employees were afraid they would be laid off as the Germans sought higher productivity and lower costs. Rumors, supported by inaccurate reports in local newspapers, ran rampant. One newspaper even reported that many Germans would be imported to Indonesia from BAW in Germany. Anxiety mounted as speculation increased about the magnitude of downsizing that BAW would implement as it restructured the Jakarta Electro-Assembly business, now that they were majority owners of the joint venture operation. In general, since the Indonesians did not have much experience with Germans, they expected them to take the same sorts of actions that other foreign firms had taken, such as the American firms in Indonesia, with heavy layoffs and replacement of top management with expatriates. However, since only a few managers from BAW had been involved in the due diligence and negotiations, the Germans were also well aware that they had gained only limited knowledge and insight into the Indonesian culture. As a result, Stephan and Nicole had spent a month prior to relocating to Jakarta in intensive study of Indonesian culture and in language training, trying to pick up some fluency in Bahasa Indonesian, the official language, influenced by Dutch, from the Netherlands, which was the governing colonial power for a long time. The team of six Germans who has recently arrived expects to also spend at least one month learning about the Indonesian culture and Indonesia itself before they begin to make changes in the manufacturing equipment and processes. They recognize that this process of adapting to the local culture will be an ongoing one that will not end at the end of the first month. Even though most high-level communication in the new company is expected to take place in English (a common language for the Germans and for at least some of the Indonesian managers, as well as for most prospective customers), the Germans realize the importance of gaining some ability to communicate with their counterparts and other employees in their own language. The Situation Indonesia is the fourth most populous country (over 253 million people as of mid-2014) and the most populous Islamic country, with a per person annual GDP (Purchasing Power Parity) of about US $5,200 (2013 estimate).1 The JEA is located on the outskirts of Jakarta, the capital and largest city, located on the island of Java. The IJV agreement is based on the continuation of JEA’s business of making auto parts for the Indonesian after-market (for sale in auto parts stores and garages) and to add to this as soon as possible the manufacturing as a sub-contractor original equipment (OEM) auto parts for four German auto firms, Volkswagen, BMW, Opel (General Motors in Europe), and Ford Europe, who are all customers of BAW in Germany. The hope is that the IJV can eventually expand to other OEM business, such as for American and Japanese automobile manufacturers. One of the issues that Stephan and BAW are concerned about is the type of organizational culture that will evolve in the new joint venture. In essence, as of now, there are three different possibilities, and it is not clear which would be best: ■ The culture that is already present, from JEA (which was founded originally as a government-owned enterprise, but was sold to a group of Indonesian businessmen four years ago). This culture is that of a typical Indonesian business. ■ A second possibility would be to implement a more traditional German culture, as exists in BAW. ■ Or, as a third alternative, the new combined joint venture could work to create a new culture, a hybrid of some kind, using characteristics of both the Indonesian culture and the German culture. The joint venture is still in formation and is as yet largely undefined. The primary objectives that BAW initially wants to achieve include the following: ■ Develop an organization focused on the customer. ■ Improve the productivity and efficiency of all operations and activities. ■ Improve the firm’s profitability. ■ Improve the integrity and accuracy of the financial information. Other issues that need to be addressed include managerial control issues (sharing of top management positions between BAW and JEA managers); schedule for transfer of technology from Germany to Indonesia; protection of intellectual property; sharing of revenues and distribution of costs; downsizing (amount and scheduling); performance management (use of performance appraisals, setting work goals and performance standards); health and safety concerns; and hiring standards. Stephan realizes that there are a number of communication challenges for the Germans. These include the overriding importance in Indonesia of family and friends and the nature of interpersonal relations and respect for “face” in all dealings. Since only a couple of the Indonesians in JEA speak German while a number of the managers (and a few of the lower-level employees) speak some English, it was decided that English would be the language for managerial meetings, including the ongoing negotiations to determine the nature of the new joint venture and to address the above objectives and concerns. However, it was also clear that there would be a need to use a translator for these meetings. Indeed, Stephan thought it would be best to use two translators, one for the Indonesians and one for the Germans. In the end, Stephan wanted to establish a culture within JBAW that would achieve and sustain world-class quality and world-class productivity in all operations and in all interactions with current and potential customers. So, Stephan now had to prepare for the negotiations and he needed to develop a plan for the ongoing operations of the joint venture that would move them toward his and BAW’s hopes for JBAW. The question he needed to address was: how do I proceed? Indonesian Negotiation Style Indonesians do business typically only with persons they know and like. Establishing this personal relationship takes time and is vital for success. Establishing a successful business relationship hinges on establishing a social relationship as well, and this may take some time. The pace of business negotiations is quite slow, such that one needs to be quite patient and not rush or push for quick decisions. Foreigners should expect few decisions from Indonesians at the negotiation table. Indonesians expect to examine copious amounts of information, so negotiators in Indonesia need to always provide as much information and detail as possible, in response to their questions and in anticipation of their needs. Presentations should be well prepared and simply presented. Details are best left to questions and backup material, which should be translated into Bahasa Indonesian and left behind. Ideally, foreign negotiators should present their material to the Indonesians for study, along with a proposed agenda, prior to the meeting. Extra copies of the agenda should be made available, as it is likely that more people are likely to be present than are expected. Foreigners should negotiate with a well-organized team, whose roles have been clearly thought out and defined. Members of this team should never disagree with each other in front of the Indonesians, or appear uncertain, unsure, not authorized to make a decision, or out of control in any way. Indonesians generally do not like to bargain, but when they do, they approach it as a win/win possibility (something should be in the agreement for both sides). In general, negotiations are viewed as time to build relationships. Although any negotiated contract must be legal down to the dotted i’s, to the Indonesians it is a piece of paper that merely signifies that an agreement has been reached and which will be followed because of the trust and commitment that has been built between the parties. The deal should be finalized with a celebratory meal or round of drinks, and the actual signing might be delayed until an auspicious or lucky day: this is likely to affect the schedule. Communications need to be kept open, especially when at a distance, and foreigners need to stay in touch often with their Indonesian associates: foreign negotiators should share more information than they normally would, not less; and because business is so intimately connected with the government and because the political situation is so fluid, foreign negotiators should try to have a source of information “on the ground” in Indonesia who can always keep them informed about what is really going on, if at all possible. All communications should be very formal and respectful of rank and hierarchy. Indonesians show great deference to superiors (even protective) and they expect other people to do the same. Thus, disagreeing with high-ranking Indonesians just is not done, and this can make negotiating with them quite difficult (as well as understanding or interpreting words like “no” or “yes, but”). Politeness is one of the most important attributes for successful relationships in Indonesia. But this politeness in no way hinders the determination of Indonesian businesspeople to get their own way. Always, decision making in Indonesia is a group process, so don’t expect individuals in negotiation to make decisions quickly. Decisions will have to be discussed in private before agreement can be reached. German Negotiation Style Germans respect people who come to negotiations with established knowledge and experience. No detail is unimportant, and a carefully planned, logically organized proposal is key. Even from the beginning, Germans are very matter-of-fact. It would not be uncommon for Germans to get right down to business, without any socializing first (after introductions and greetings). Time is very important and is expected to be managed carefully, with meetings planned well in advance and a detailed agenda circulated prior to the scheduled date of the meeting. However, the pace of German decision-making can be quite slow. This is often because German companies have a parallel “hidden” series of advisors and decision-makers who must give their approval of any decisions. Germans dislike exaggeration, and they expect people in negotiations to be able to back up their claims with lots of data and examples—and studies, if possible. German firms have a well-deserved reputation for superior quality, which is based in part on slow, methodical planning. Every aspect of a deal will be pored over by many executives and specialists, which can slow down negotiations. Germans believe that it takes time to do a job properly and well. Germans consider the contract to be sacred; once it is decided it determines the nature of the business relationship. If either party wants to change anything in a contract (or circumstances require the need for a change), it would be expected that there be a formal renegotiation of the contract. Contracts are considered enforceable in law, so Germans pay very close attention to the exact wording and punctuation of their contracts. Germans can take a long time to establish close business relationships. Their apparent coldness at the beginning will vanish over time. Once they get to know you, they are quite gregarious.

In: Operations Management

Here is your chance to analyze an actual co-worker conflict situation and make suggestions on how...

Here is your chance to analyze an actual co-worker conflict situation and make suggestions on how to positively resolve this issue.

The #1 people issue I have is with a younger employee who has been speaking over me in meetings with external vendors.

I approached one of my co-workers to ask if they noticed it as well and they said of course - they were actually angrier than I was.

During the next few meetings, I attempted different techniques to see if she'd notice she was talking over me but it was still happening. Eventually, I pulled her aside and told her the issue I was having with her during meetings and explained it made us look unprofessional.

It worked for a few months but she ended up going back to her old ways. From then on, whenever she spoke over me in meetings, I would stop talking immediately and let her finish her sentence.

Sometimes she got flustered and would look back to me to finish up her thoughts but I wouldn't cut in.

I hope it reflected negatively on her, and not myself or the company.

  1. The employee relaying her upset used 2 conflict styles. What are they and discuss their effectiveness in this situation? .
  2. What is probably the root of this employee’s discontent? As well, why do you suppose the younger employee is interrupting this employee? Your answer will need to dig below the surface statements.
  3. As the manager of these two employees, how would you resolve this conflict? State the conflict resolution style you will use and the specific steps you will take.

WANT LONG PARAGRAPH FOR EACH. PLEASE DONT COPY FROM PREVIOUS QUESTION OR INTERNET. THANKS

In: Operations Management

Using what you know from the Competing Values Framework from the chapter, describe and provide an...

Using what you know from the Competing Values Framework from the chapter, describe and provide an example of the culture at Wells Fargo at the beginning of the case. Chapter 8

In: Operations Management

b) Outline and explain the theoretical and practical differences between functional and orientation approaches to marketing....

b) Outline and explain the theoretical and practical differences between functional and orientation approaches to marketing. Explain the reasons for your answer, are there any industries, products or activities to which either one of these approaches is unsuitable? 15 Marks

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Find a company that sells gold in Australia or South Africa? 1. Using the profile information,...

Find a company that sells gold in Australia or South Africa?

1. Using the profile information, you have already developed to identify a shipment size for

your commodity coming to Canada.

2. Using the information above, along with the supplier’s terms of sale, negotiate an

Incoterm and purchase price for your commodity.

3. Use the Internet to identify logistics suppliers who will pick up your commodity from the

foreign supplier, ship it to Canada and deliver it to your business location in Kitchener.

4. Use the Internet to find logistics suppliers’ rates for the various stages of the journey so

you can begin to calculate total unit costs for your shipment.

5. For this exercise, you are responsible for the procurement component and all of the

logistics and Customs requirements.

6. State all assumptions made in arriving at a total landed cost for your commodity.

* with all references link for all the questions.

In: Operations Management

a) A marketing orientation is a way of doing business or the philosophy that guides marketing...

a) A marketing orientation is a way of doing business or the philosophy that guides marketing effort. Discuss the following philosophies in marketing: Production concept, Selling concept, Product concept, Marketing concept, Societal marketing concept. 25 Marks

In: Operations Management

Your shoe factory has a production capacity of 10,000 units per month. Your fixed costs are...

Your shoe factory has a production capacity of 10,000 units per month. Your fixed costs are $200,000, your variable cost of production is $30 and you sell each pair for $35. The problem is that this requires you to sell 40,000 pairs of shoes each month just to breakeven – which is physically impossible given your production capacity. Assuming that you will always be able to sell out your current production capacity, which of the following changes would allow you to breakeven?

a. Cut production cost of shoes by $5
b. Increase price of shoes by $15 and increase production costs by $5
c. Increase price of shoes by $15
d. Cut fixed costs by $25,000

e. Increase price of shoes by $10 and cut fixed costs by $10,000

You need to calculate breakeven at your factory and can use two of the following pieces of information. Which two will allow you to calculate breakeven?

a. The sales price of one unit
b. Production capacity
c. Fixed costs for a period of time
d. The cost of purchasing raw materials
e. Contribution margin per unit

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3. Using your favorite search engine, research the Global Competitiveness report (from the World Economic forum)...

3. Using your favorite search engine, research the Global Competitiveness report (from the World Economic forum) and the World competitiveness Ranking (from the IMD World Competitiveness Center). Identify and discuss the main factors used to create each ranking. Which method and result do you trust more? Why?

4. Using information from the Global Competitiveness report, prepare a memo discussing the strengths and weakness of location facilities in any two South American countries. Pick one for establishing a manufacturing beachhead and make you case for why.

5. Using your favorite search engine, research the Global Manufacturing Competitiveness Index (from Deloitte). Compare and contrast the three top-ranked countries. Why would you choose to operate in each of the three? Are there any reasons you would not want to operate in these countries?

In: Operations Management

Case Study - Nathan Conyers Directions: Read the following case study: Conyers Case Think about the...

Case Study - Nathan Conyers

Directions:

  1. Read the following case study: Conyers Case
  2. Think about the facts of this case and answer the following questions:
    • Why did Conyers diversify its staff?
    • What possible problems might arise in a family-owned business that provides employment for the father and his children?
    • How is Detroit's socio-cultural environment affecting Conyers' management decisions?

In: Operations Management

Evaluate the performance of the CEO of Johnson & Johnson from the perspective of (a) stockholders,...

Evaluate the performance of the CEO of Johnson & Johnson from the perspective of (a) stockholders, (b)

employees, (c) customers, and (d) suppliers. What does this evaluation tell you about the ability of

the CEO and the priorities that he or she is committed to?

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1.The aging workforce is one social change that will have an impact on business, about 3...

1.The aging workforce is one social change that will have an impact on business, about 3 in every 4 Americans plan to work page retirement age with almost 2/3 planning to work part-time, how do you think this will affect businesses, what issues can you see developing?

2. In the U.S. full-time employees work an average of 47 hours per week and over 1/3 get emails from management after hours. Technology has been the main factor in this increase of working ours, which is starting to lead to the social issue of employee burnout and increased turnover. To help reduce this issue, the French government is introducing legislation that gives workers the "right to disconnect" which means employer must negotiate policies on employees use of technology after hours. Do you see something like this happening in the U.S.? What impact would this have on business if a law were put into effect?

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Write your thoughts on this discussion General Motors (GM), a multinational American automotive company must explore...

Write your thoughts on this discussion

General Motors (GM), a multinational American automotive company must explore several avenues and make decisions in regards to pricing and production in order to maximize profits in the short and long-term. Generally speaking, if a business such as GM is unable to cover production costs through revenue generation, they will be operating at a loss and will not be able to provide earnings to the shareholders in the short-run. If one were to sit on GM’s board of directors, they would likely have to weigh risk factors and decide which business ventures would promote company growth and yield profit. In regards to pricing, GM would benefit by finding creative ways to cut costs, which will influence the pricing of the products and services offered. For example, outsourcing a particular part in instead of creating it in-house may be a less expensive alternative. However, last minute decisions to cut costs may put additional strain on the employees, thus affecting the company’s culture (Deans & Watanabe, 2005). GM will also need to make decisions in production, which could exist in lowering the cost of production or exploring the production of new and innovative products. GM has worked on several alternative energy vehicles over the years, including ethanol, hybrid, and electric vehicles, which have steadily increased in popularity over the last decade. However, the decision to increase the production of electric vehicles could prove extremely lucrative for GM in the future. Lastly, GM could also make decisions in production that align with the economic and environmental status of their consumers. Due to the coronavirus pandemic, GM has helped to lessen the critical shortage of face masks across the world by producing up to 50,000 face masks per day or 15 million per month (GM, 2020). Although, this may not be largely profitable at the time, this will build public and shareholder confidence in the company and keep workers gainfully employed during a national crisis. Such actions will inevitably bolster corporate social responsibility, leading to profits in the long-run.

In: Operations Management

D.B. Smith Company produces machine tools. The company conducted a cost-of-quality study and found the following:...

D.B. Smith Company produces machine tools. The company conducted a cost-of-quality study and found the following:

Cost Category Amount
Quality equipment design $ 28,000
Scrap 332,000
Inspection and retest 336,000
Customer returns 85,000
Supplier quality surveys 7,000
Repair 70,000

What quality cost categories should each of these costs be associated with? What does a Pareto analysis reveal? The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below.

Questions

1. Classifying the D.B. Smith Company cost elements into the appropriate cost-of-quality categories, calculate the total costs in each category and their percentages of the total and cumulative percentages. Round your answers for the total costs to the nearest dollar and round your answers for the percentages to two decimal places.

Quality Cost Category Amount Percent of Total Cumulative Percentage
Internal failure $ % %
Appraisal $ % %
External failure $ % %
Prevention $ % %
Total $ %

2. Choose the correct graph for the cost-of-quality categories.

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Write your thoughts on this discussion There are many things that GM’s leadership must consider withing...

Write your thoughts on this discussion

There are many things that GM’s leadership must consider withing managerial economics and pricing and production are two f the most important. When picking a price for a vehicle, the company was look at the target market they are trying to reach. They need to pick an appealing price for the vehicle that is competitive with similarly price cars from competitors like Ford and Dodge but is also profitable enough to fund current operations and future vehicle production. With alternative fuel vehicles like the Chevy Bolt, the company must figure out what level pf premium customers are willing to pay in order to avoid fossil fuels. GM must also decide which incentive to provide to entice would be car buyers to step on a GM lot before going anywhere else. There are many major decisions that must be made through the production process as well. Using more automation comes with higher upfront costs but allows for quicker production. Determining the types of materials used and complexity of design will affect how fast the vehicles can be made and how much the cost of good sold will be. This will also play a big a play a big part in determining what the minimum price GM must charge for a given model of vehicle. Both factors when it comes to introducing a new product. Automakers are constantly trying to add new features while keeping vehicles at an attractive price. The manufacturers that lack agility and an efficient production process will be less successful than others (Prasad, 1997). We are starting to see this with Tesla vehicles. The big automakers initially thought that Tesla pricing and production would never work in this work, but since Tesla has become successful the other companies have had to rethink their businesses.

In: Operations Management