Question

Maximus Incorporated with HQ in Mumbai has been a phenomenal company with major market share in electronics products (Switches, Wires & MCB). It is very traditional in nature with a promoter driven structure and all the products are being overseen by one President. However over the years its market share has been declining and customer complaints have been increasing. There are hardly any new products being introduced and as a result of which stellar growth that the company enjoyed has now reduced over the last three years. During business reviews it is not common to hear comments like I don’t have enough people, design team is too busy, not enough budget, productions slot are full etc. Ownership of serving customers are not clear among different people who manage the three products.

Q1. What kind of organization structure would you propose for better strategy execution, stating the valid reasons? (10 marks - 20 lines)

Q2. How can new product introduction be smoothed out? Explain this using any conflict resolution methodology. (note that, not any theory is expected of conflict resolution, hence keep your answer focused on idea of new product introduction) (10 marks - 20 lines)  

Q3. In the above situation for new product development how can decision making in various teams be more effective with focus on end results? Please correlate the technique you choose with respect to (a)potential for interpersonal conflict (b)Cost (c)Number (d)Quality of ideas. Use Low/Medium/High. (10 marks - 20 lines)

Answer 1

a. On the grounds that the glide of information is quintessential to a group’s success, the organizational shape must be designed to with clear lines of conversation in idea. Reporting relationships should be clear so all individuals of the company recognize what their duties are and comprehend to whom they are to blame otherwise duty for a venture might also otherwise fall thru the cracks.

These clear relationships make it simpler for managers to supervise these in lower organization levels.

As the organization grows, the employer shape must evolve with it. Many times more layers of administration are created when one department head has too many folks reporting to him at one time to give every worker the interest and route wished for the employee to be triumphant.

A task to improve a new product would require market lookup, for instance. The task manager wishes to comprehend who in the organization can grant this research and whose permission ought to be acquired for the research to be accomplished.

b. For smoothing the technique of introducing new product in the company :

1. Anyone who uses a method of avoiding in most cases tries to pass or sidestep the combat hoping it will unravel itself or dissipate.

2. The use of the strategy of accommodating to get to the bottom of conflict in actuality entails taking steps to fulfill the different party’s issues or demands at the cost of your personal wants or wishes.

3. Any individual who makes use of the fighting resolution approach of competing tries to satisfy their very own needs at the fee of the other events involved.

4. The strategy of compromising involves finding a suitable decision that will partly however no longer entirely satisfy the worries of all events worried.

c. I. viable for interpersonal struggle warfare administration is the method of limiting the bad factors of warfare whilst increasing the nice elements of warfare the aim of hostilities administration is to beautify mastering and group effects such as effectiveness or performance in an organizational setting.

ii cost and time the time constraint refers to the quantity of time handy to complete a challenge the cost constraint refers to the budgeted amount available for the project the scope constraint refers to what need to be carried out to produce the projects quit result.

iii high-quality of thoughts first-class management is the act of overseeing all things to do and tasks that have to be finished to keep a favored level of excellence this consists of the determination of a great coverage developing and enforcing great planning and assurance and high-quality manage and quality improvement.