Create a newsletter for current and future employees

Assignment Help Financial Management
Reference no: EM13549719 , Length: 882 Words

Question: SCENARIO QUESTIONS

Starting a new product or service line that will require new kinds of employees - Group C-

Prochurus and Garner, a large, US-based consumer goods company is to launch a new cosmetics line that targets Latinas and is sold exclusively via network marketing. The consumer who will be interested in selling the cosmetics via network marketing is a 24-year-old, Spanish-speaking female with limited sales experience. The current plan is to use savings from reduced marketing and distribution costs for training.

Individual Assignment: Managing Diverse Virtual Teams

As organizations' merge and grow in a global environment, it is more likely that you will encounter a virtual team. The concept of virtual teams varies by organizations, and it can involve a variety of scenarios. All team members may work remotely; there may be several office locations and team members from each location; or it may be a mix of the two. Virtual teams allow organizations to provide longer business hours, reduced employee travel costs and flexible employee work schedules. Yet, performance issues may arise when working in virtual teams (Schermerhorn et al, 2012). Therefore, a manager may need additional strategies to help virtual teams address those issues.

During your consultancy for your scenario organization, you are concerned with how the upcoming transition may impact employees. During and after the transition, many of the current and future employees may have to work remotely. Although a small percentage of the organization (generally on the executive level) has participated in virtual teams, most of the employees are used to face-to-face teams. You suggest sending a newsletter to employees about virtual teams to help support a more successful transition. In this Individual Assignment, you will recommend strategies for managing diverse virtual teams.

References

Schermerhorn, Jr., J. R., R. N. Osborn, M. Uhl-Bien, & J. G. Hunt, (2012) Organization Behavior, 12th edition, New York: John Wiley

To prepare for this Individual Assignment:

- Review the Unit Introduction and the Learning Resources.
- Support your Individual Assignment with current academic literature beyond your Learning Resources.
- Think about your scenario organization and consider the unique needs of diverse virtual teams.
- Review relevant theories, concepts and research and think about strategies to manage diverse virtual teams effectively.

To complete this Individual Assignment:

- Create a newsletter for current and future employees of your scenario organization.

o The purpose of the newsletter would be to alert current and future employees of the upcoming transition, explain the upcoming need to work virtually for either a temporary or an extended period and provide strategies for working effectively in virtual teams.

- Provide two strategies to manage virtual teams effectively drawing from relevant theories, concepts and research in the Learning Resources and current literature. One of your strategies should include how managers in your scenario organization will develop virtual teams comprised of employees from varying cultures.

- Please use your creativity while developing your Assignment. You may use the template provided for your Assignment, or you may create your own communications approach that addresses individual and team needs.

- Support your Individual Assignment with current academic literature beyond your Learning Resources. 

Reference no: EM13549719

Questions Cloud

Find at what position or positions does it have this speed : A spring is hanging from the ceiling. Attaching a 560 g mass to the spring causes it to stretch 22.0 cm in order to come to equilibrium. At what position or positions does it have this speed
The energy released by nuclear bombs is measured in kiloton : The energy released by nuclear bombs is measured in kiloton (kt) or megaton (Mt) units. One kiloton is a unit of energy released by 1000 tons of trinitrotoluene (TNT). One kiloton is 4.2×1012 joules. The yield of fission bombs is typically between..
Determine the speed of the sap flowing in the vessels : The leaves of a tree lose water to the atmosphere via the process of transpiration. What is the speed of the sap flowing in the vessels
Compute how much work is done by the engine in each cycle : An engine absorbs 1.72 kJ from a hot reservoir at 277°C and expels 1.15 kJ to a cold reservoir at 27°C in each cycle.  How much work is done by the engine in each cycle
Create a newsletter for current and future employees : Starting a new product or service line that will require new kinds of employees - The current plan is to use savings from reduced marketing and distribution costs for training.
Find the magnitude and direction of the change in velocity : The initial velocity of a car is vi=45km/hr in the positive x-direction. The final velocity of the car, vf is 66km/hr in a direction that points 75 (degrees) above the x-axis. Find the magnitude and direction of the change in velocity
Evaluate the molecular weight of zinc carbonate hydroxide : Zinc carbonate hydroxide contains 59.55% zinc by mass. Calculate the molecular weight (molar mass) of zinc carbonate hydroxide. (There are 5 atoms of zinc in every unit of zinc carbonate hydroxide.)
What width slit will produce a central maximum : Green light (? = 546 nm) strikes a single slit at normal incidence. What width slit will produce a central maximum that is 1.70 cm wide on a screen 1.18 m from the slit
What is the wavelength of the light in the bubble film : Monochromatic light of wavelength 430 nm is incident on a soap bubble of index 1.57. What is the wavelength of the light in the bubble film? Answer in units of nm

Reviews

Write a Review

Financial Management Questions & Answers

  Most of the worldrsquos population lives outside the united

1.most of the worldrsquos population lives outside the united states. however many u.s. companies especially small

  Bt co a beverage manufacturer manufactures one productbt

bt co a beverage manufacturer manufactures one product.bt accounts for its finished goods inventory using fifo. it

  Explain conventional mortgage how big a monthly payment

Woukd it make any differences if they were already making monthly installment loando payments totaling $750 on two car loans?

  Use nbsponline library resources to research the selected

in this assignment you will identify a global organization with branches in different countries and select this company

  Case study on royal bank of canada in thailand

This case analyzes the problems facing a bank in a foreign country and the reasons for deciding to stay or to close its operation. Royal Bank of Canada is the bank involved in this real life situation.

  Navigation systems inc now has total worldwide revenues of

navigation systems inc. now has total worldwide revenues of over 500 million forecast for this coming year. you have

  Discuss 2 methods that can be used by risk managers

Discuss 2 methods that can be used by risk managers to forecast the avarge less associated with particular loss exposure, assuming that the firm has large date base of prior losses.

  Evaluate the performance of a company

Evaluate the performance of a company using various financial analytical tools and analyse different patterns of cost behaviour and apply cost-volume-profit analysis to business decisions.

  Your team has been hired as the accountants for the village

your team has been hired as the accountants for the village of aiu. your team is being asked to do the following please

  Why should a firm invest its idle cash

Why should a firm invest its idle cash? How to invest the idle cash and what's credit management? What's the optimal credit policy?

  Q1 nbspnbsp a define agency problem explaining two types of

q1. nbspnbsp a define agency problem explaining two types of agency costs.b comment on the following quote... agency

  You are the financial manager of north plc a listed

you are the financial manager of north plc a listed manufacturing company which has divisions in a number of countries

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