Question

In: Operations Management

Case Brief for Caesars Casino Please identify the following: A.) Problem Statement B.) Situational Analysis C.)...

Case Brief for Caesars Casino

Please identify the following:

A.) Problem Statement

B.) Situational Analysis

C.) Recommendation

D.) Implementation Plan

Case Reading: file:///C:/Users/MKhan/Downloads/caesar_casinos.pdf

Solutions

Expert Solution

Problem Statement: Harrah's Metropolis Casino's relocation and expansion have been focused on increased demand. The recently passed law allowed video-gambling machines to be operated by bars, restaurants, and other such enterprises. Caesars Casino's management had recognized that the investment had to be made in Hurrah's facilities to provide the consumers with an amusement environment that could smash video gaming options and provide the well-being beyond knowledge. The company, therefore, had to develop strategies that might increase customer spending on non-gambling activities and provide value-added hospitality experience.

Situational Analysis:

Challenges and behavior to overcome each challenge during the Lean implementation process: The economic downturn of 2008 saw a decline in revenues and increased competition. The business had to implement the lean principle at its facilities in Tunica to sustain the market. Hirsch has now built a lean team for optimizing processes in Tunica. The team agreed to create a series of kaizen workshops that would include workers from different departments and ranks to work together to define areas of development and then improve these processes.

The initial challenge faced by the management during the implementation of the lean principle was that the employees had a misperception of the lean principle and thought this process would reduce their jobs. Therefore, to tackle this challenge; the kaizen team introduced continuous contact with workers to remind them about the lean system built to remove the waste cycle from the operations, which will effectively enhance the customer experience, cycle quality, teach problem-solving techniques, and increase the morale of workers. Thus, they should not cut their jobs by the lean process.

In comparison, the other obstacle encountered by the kaizen team in introducing lean related to securing financial resources to make such physical improvements possible. The top management of the organization refused to accept the higher-level funds, which were also needed to put in significant casino improvements. However, when the kaizen processes started, the top management understood their value and started to offer concrete benefits as a result of which reluctance to finance improvements in infrastructure diminished.

Key performance metrics to track the improvements: No reform is deemed successful if positive outcomes are not produced. Measurement, therefore, played a significant role in signaling areas that needed change during the kaizen event. Hence, several main success metrics would be recommended to the company's management to assess the efficacy of the kaizen incident. The organization will, therefore, change the processes if the performance against the calculated KPI is unsatisfactory.

Recommendation:

Expert-driven method Pros and cons: At the Tunica casinos the company saw good outcomes from the expert-driven strategy. The service score for the customer showed positive results in nearly all business areas. The other aspects of the sector are supposed to have hit A score from B value. In fact, the most critical aspect of the kaizen case was waste disposal, which was done at the end; waste disposal produced annual savings of $3million. The organization also got a positive response from staff, as the workers were involved in attending kaizen events.

Implementation Plan:

Days Activities Tools Agenda
Days 1 The event will concentrate on growing workplace consciousness to reduce waste. It should expose the employees to practical work. Employees should be taught a basic problem-solving approach to increase efficiency.
Day 2 Where enhancements are necessary the staff should be trained. The list of waste practices that need to be removed should be provided to the employees. Feedback from workers was collected to determine how much they had heard and understood.
Day 3 The employees must be aware of why it was necessary to eliminate certain operations. Five types of lean techniques may be used to determine the cause. The workers should follow methodologies that could aid in continuing the overtime care activity.
Day 4 The staff will be working towards causal research and solutions. 5S Japanese methodology-type, put in sequence, highlight, standardize, and maintain. To build an effective working environment that can be easy to grasp and sustain.
Day 5 Measure goal success. Relevant success metrics should be identified. Measure the success and review the findings for the assessment of the effectiveness.

Related Solutions

Situational Analysis and Problem Statement of Grocery Gateway with advantages and disadvantages.
Situational Analysis and Problem Statement of Grocery Gateway with advantages and disadvantages.
identify the SWOT analysis, key competitor analysis, and current needs analysis of Bellagio resort and casino...
identify the SWOT analysis, key competitor analysis, and current needs analysis of Bellagio resort and casino in las vegas.
What is  Situational Analysis: brief description of current situation, including what the managers believe are the key...
What is  Situational Analysis: brief description of current situation, including what the managers believe are the key issues. on Pandera Bread Company in 2016 Casebook.
This is not case analysis. There is no case to this. Please answer the following questions...
This is not case analysis. There is no case to this. Please answer the following questions for the company Pfizer 1. Find a list of the members of the board of directors for your firm. How large is the board? How many independent (non-employee) members are on the board? Are any women or minorities on the board? Is the CEO also the chair of the board? 2. Who are the largest stockholders of your firm? Is there a high degree...
In Java please Consider the following problem: There are three pegs, denoted A, B, and C,...
In Java please Consider the following problem: There are three pegs, denoted A, B, and C, and N disks of different sizes. Originally, all the disks are on peg A, stacked in decreasing size from bottom to top. Your goal is to transfer all the disks to peg B, and the rules are that you can only move one disk at a time, no disk can be moved onto a smaller one, and you make use of all pegs. Develop...
PLEASE DO IN C++ AND USE REPL TO WRITE CODE The following problem statement is based...
PLEASE DO IN C++ AND USE REPL TO WRITE CODE The following problem statement is based on a problem in the C++ text by Friedman & Koffman: The results of a survey of the households in your township are available for public scrutiny. Each record (struct-type entity) contains input data for one household, including a four-digit integer identification number the annual income for the household the number of household members. Assuming that no more than 25 households were surveyed, write...
Please perform a Gap analysis for Amazon: A. Identify the current state of Amazon B. Identify...
Please perform a Gap analysis for Amazon: A. Identify the current state of Amazon B. Identify where Amazon wants to be C. Identify the gaps D. Devise improvements to close the gaps in Amazon
Please read the statement, identify the problem that a MNC would face in operating in a...
Please read the statement, identify the problem that a MNC would face in operating in a global environment and make recommendations to remedy the problem Diversification is possibly the best technique for reducing the problems associated with international transactions. Provide one example each of international financial diversification and international operational diversification and explain how the action reduces risk.
Please read the statement, identify the problem that a MNC would face in operating in a...
Please read the statement, identify the problem that a MNC would face in operating in a global environment and make recommendations to remedy the problem The Describe the two methods for the translation of foreign subsidiary financial statements into the parent company's consolidated statements. Identify when each technique should be used and the major advantage(s) of each.
Please read the statement, identify the problem that a MNC would face in operating in a...
Please read the statement, identify the problem that a MNC would face in operating in a global environment and make recommendations to remedy the problem There are as many different approaches to foreign exchange transaction exposure management as there are firms and no real consensus exists regarding the best approach. List and discuss three different exposures you can hedge and three different types of hedges.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT