Discuss the impact of technology on business

Assignment Help Operation Management
Reference no: EM132864814

Discuss the impact of technology on business

Appropriately use effective communication techniques

Winsome Manufacturing Company produces plastic storage containers and sells them to the home consumer through home sales events. At the company's quarterly meeting, the head of marketing described a new product to be introduced in the first quarter of the next fiscal year, approximately 9 months from now. The product will be a room-sized plastic storage unit suitable to the outside of the home; it is similar to a competitor's product but will have significantly more features. This product will open new markets for the sales channel, lay the foundation for add-on products, and generate new revenues. Management has only seen preliminary sketches of the potential product but are very excited by the new product.

The project will require participation from the design, production, purchasing, shipping, sales, and marketing departments. Winsome Manufacturing owns a line of suitable injection molds, so all manufacturing will be done in-house. The project manager for this project has not yet been selected, but that decision is expected to be made in the next week.

A preliminary project initiation meeting will result in the identification of the project sponsor, selection of a project manager, and creation of the project charter. A manager in the production department who knows you are taking a college project management course asks you to prepare a brief report to help him prepare for the meeting by answering the following questions:

Who are the project stakeholders? How will they be involved in the project?

Who should be the project sponsor? Why?

From which department should the project manager come? Why?

What skills and experience are likely needed by the project manager for each phase in the project life cycle, and how do they differ between the various phases?

What type of communication plan will likely be needed during the project?

What information should be shared with the project stakeholders?

What is the mechanism that could be used for each type of information?

What is the frequency with which information should be shared?

What should be done if project communications are not proving to be effective?

What technology could be used for project communications?

At what point could communication about the project become an ethical or legal issue?

What information should be included in the following elements of the project charter:

What is the problem the project proposes to address?

What business opportunity might project completion create?

What is the business case for undertaking the project?

What is the financial impact of the project?

What are the expected results of the project?

What value will the project add?

What are risks that might be involved with undertaking the project?

What is the potential impact to the company if the project is not undertaken?

Reference no: EM132864814

Questions Cloud

Why is it important for a manager to be a good leader : Why is it important for a Manager to be a good leader? How does a leader inspire people to want to work together?
Is globalization always a positive force : -Is globalization always a positive force? What are some steps CEOs need to take to ensure that their actions outweigh the costs?
What amount of cash will be needed to pay back : Entry for the note on December 31, 2021. What amount of cash will be needed to pay back the note payable plus any accrued interest on June 1, 2022?
Steps in the development of a service : Please discuss the steps in the development of a service values concept.
Discuss the impact of technology on business : Discuss the impact of technology on business. What type of communication plan will likely be needed during the project?
What is the equipment net after-tax salvage value for use : What is the equipment's net after-tax salvage value for use in a capital budgeting analysis? Note that the recapture is fully taxable.
Time and resource constraints : Write a paper in which you describe how project schedules are modified to account for time and resource constraints.
What are the advantages of a roth ira : What types of IRA's are there and which type is most appropriate for you? What are the advantages of a ROTH IRA? What are the limits annually
What is risk management practices by the icm in malaysia : Risk Exposure in Malaysia's Islamic Capital Market: what is risk management practices by the ICM in Malaysia?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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