Reference no: EM133283263
Question: Based on your companies below, conduct a brief SWOT analysis and pinpoint the management challenges as well as strategy to address the key problems. Address all the companies given below.
Company 1: A small disk drive producer, managed by its founder, has grown rapidly in a short time. This company is in the growth through creativity stage and needs to resolve a crisis of leadership.
Company 2: A biotechnology company has a strong management team, but R&D employees complain about their inability to start projects. This company is in growth through direction state and needs to resolve a crisis of autonomy.
Company 3: An established personal computer maker has top managers who fight with functional managers. This company is in the growth through delegation stage and needs to resolve a crisis of control.
Company 4: A small computer company has many rules. This company is in the growth through coordination stage and faces a crisis of red tape.
Company 5: A food manufacturer has experienced decreasing sales and profits, but management has not changed strategies. This company is in the inaction stage of decline and needs to change its strategy and structure.
Company 6: An established, large department store is losing stakeholder support due to a declining stock price and losses. This company is in the crisis state of decline and needs a major reorganization.