Acronym for responsibility-authority

Assignment Help Finance Basics
Reference no: EM13750798

There are a variety of tools available for organizations to use to assess process. In this assignment you will learn how to apply a tool to a process situation.

RAEW is an acronym for responsibility, authority, expertise, and work. Responsibility denotes ownership, authority involves decision making, expertise involves skill or knowledge, and work is the task assigned either to a group or an individual.

Analyzing a process using the RAEW tool can help identify structural misalignments that impede strategy execution. These misalignments include the following:

  • Authority with no responsibility
  • Responsibility with no authority
  • Responsibility with no expertise

These misalignments can impede strategy execution by slowing decision-making, disempowering teams when there is responsibility without authority, or depriving processes of key skills when there is responsibility without expertise.

Using the module readings, the Argosy University online library resources, and the Internet, research the RAEW analysis technique. Based on your research, respond to the following: 

  • Select an important process in your business unit that is performing poorly and perform a simple RAEW analysis.
    • What is the process you analyzed? 
    • How is it performing poorly? 
    • Can you find any structural misalignments using the RAEW tool? 
    • Describe the misalignment and the consequences of it. 
    • How would you fix this misalignment?

Reference no: EM13750798

Questions Cloud

What is the price of the bond at month mark : Suppose you buy the bond today and in 3 months' time the 3-month LIBOR rate is 2.50%, the 6-month LIBOR rate is 2.75% and the market perception of the issuer's credit quality has changed such that similar bonds issued now would require them to pay..
Impact the problem poses to society : Briefly describe the economic problem you have selected and assess the impact the problem poses to society
Describe the bottlenecks that may occur in the new process : Describe the bottlenecks that may occur in the new process. Identify three TQM tools that may be used for ongoing process improvement. Be sure to describe who will use the tool, when it will be used, and what interval and how it will lead to proce..
How and why should we study religion : How and why should we study religion? What are some of the challenges and opportunities of studying diversity and difference between and within these faiths? Be ready to provide some examples for each faith.
Acronym for responsibility-authority : RAEW is an acronym for responsibility, authority, expertise, and work. Responsibility denotes ownership, authority involves decision making, expertise involves skill or knowledge, and work is the task assigned either to a group or an individual.
Identify which iso standards apply to riordan manufacturing : Create an 2-4 slide MS PowerPoint presentation with detailed speaker notes. Include the following: Identify which ISO standards apply to Riordan Manufacturing
Case study - adobe systems incorporated : While answering the questions, please restrict yourselves to the information provided in the case. Also, try to imagine that this is the time when the case was written, and NOT 2015.
How did musicians make money prior to the 1900s : How did the minstrel show change after the Civil War? How did musicians make money prior to the 1900s? Who was one of the most important songwriter in the 19th century?
Expected return of investing in company : 1. Company A has a beta of 2.77. Company B has a beta of .73. Company C has a beta of .90. The risk free rate is 6% and the market risk premium is 4%. What is the expected return of investing in Company C? Show your work.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd