User Account

All Pages

Business development

Assignment Help Operation Management
Reference no: EM133132456

Overview

You are a business development manager in a life sciences organization based in the Midwest. You report to the vice president (VP) of business development. While the organization has shown constant growth and profitability since its inception in 1999, the owners have decided that it is time to sell. The VP has called on you to join the strategic planning team to assess the organization's exit strategy and make recommendations to the board of directors.

The proposed exit strategy means that the organization will be acquired by another one, which will be a major transformation for the organization and its employees. In order to support the employees through the upcoming acquisition, the planning team wants to understand how they are likely to respond to organizational change. To that end, they decide to ask employees to complete a strengths, weaknesses, opportunities, and threats (SWOT) analysis of their skills as they relate to change readiness. As a member of the planning team, you are one of the first people asked to complete a SWOT analysis and evaluate your change readiness.

Prompt

First, reflect on your own strengths, weaknesses, opportunities, and threats (SWOT) and how they help you accept or resist change. Then, perform a personal SWOT analysis and record the results in a Word document. Describe how you think this analysis impacts your change readiness skills to manage and lead the organizational change in the course scenario.

Strengths: Identify at least two strengths that support your readiness for change.

Explain how they support your readiness for change.

Weaknesses: Identify at least two weaknesses that might get in the way of change.

Explain how they can impact your response to change.

Opportunities: Identify at least two opportunities you can use to leverage your strengths.

Explain how you can use these opportunities to develop your skills.

Threats: Identify at least two threats that you would like to minimize.

Explain how you can minimize these threats and how this will help you develop your skills.

Change Readiness: Explain what your SWOT analysis reveals regarding your change readiness for the proposed acquisition of the organization in the course scenario.

Are you ready to accept organizational change that is likely to arise from the proposed acquisition?

Are you ready to initiate and lead the change efforts for the organization in the scenario? Why or why not?

Reference no: EM133132456

Questions Cloud

Price elasticity of demand : Refer to the factors that affect the price elasticity of demand and explain with two (2) reasons why the two classes have the different price elasticity of dema
Determine inventory cost by the last-in, first-out method : There are 9 units of the item in the physical inventory at December 31. Determine the inventory cost by the last-in, first-out method
Tools impact interpersonal dynamics in workplace : How do you think such tools impact interpersonal dynamics in the workplace? What are the benefits and challenges of these tools?
Financial plan for business : E-commerce class Assignment: Financial plan for business The idea of e-business
Business development : You are a business development manager in a life sciences organization based in the Midwest. You report to the vice president (VP) of business development
Pros and cons of entering into an arrangement with iuiga : From the perspective of an ODM, what are the pros and cons of entering into an arrangement with Iuiga? What are some actions that an ODM could take to mitigate
Estimate the amount of wages payable at the end of january : The biweekly gross pay for Hilltop's employees has averaged $4,200. Estimate the amount of wages payable at the end of January
Profit or loss on disposal of the plant : Explain why the reducing balance might be more suitable for assets like motor vehicles and Discuss four concepts by providing examples.
Find the competitive equilibrium quantity : Suppose that in a double auction market there are eight sellers and 6 sellers. The buyers can purchase up to 1 unit each, and the sellers can sell up to 1 unit

Reviews

Write a Review

Operation Management Questions & Answers

  What is the porter hypothesis

What is the Porter Hypothesis (PH)? How is the PH inconsistent with traditional microeconomic theory?

  The means available to managers for boundary spanning

Discuss the means available to managers for boundary spanning. Explain how managers can influence their external environments.

  What is the optimal number of orders per year

What is the average inventory. What is the optimal number of orders per year. What is the annual total cost excluding the purchasing cost.

  Graduated and accepted position with bethlehem bytes

You have just graduated and accepted a position with Bethlehem Bytes, a local software company. You want to lead by giving direction and coaching with feedback.

  What are the optimal production quantities

The Heat Corporation produces three types of rugs, which it sells to large carpet stores. The production of each rug requires two machine operations, weaving and binding, followed by assembly, which includes inspection and packaging.

  Introduction of biometrics into organizations

The journal article "The Introduction of Biometrics into Organizations: A Managerial Perspective" lists a six step process for adding biometric security in a business environment. Why do you think the author elaborated on six different steps, only on..

  The organization structure

Write an essay on the theme of "The Organization's structure" no less than three pages,

  Example of a shopping product for most consumers

Identify the best example of a shopping product for most consumers:

  Quality management or case management

Relates to utilization management (UM), quality management (QM), or case management.

  Developing a sustainable steel production process

This case is about XYZ company, a new steel production technology developed as an alternative to the existing steel production technologies

  Dollar tree

Discuss two or three of the biggest challenges your chosen company is facing. Support your response with information from the case.

  What variables might explain or predict an outcome

What variables might explain or predict an outcome in your department or life. If you generated a regression equation, how would you interpret it and the residuals from it

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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