Reference no: EM133844750
Homework: Project Guidelines
Directions
Your employer recently conducted an employee survey, and the greatest area of concern was related to management. The survey revealed that many employees are not satisfied with management's performance, and the employees feel like the company's poor performance is directly related to a lack of effective management. The general manager has learned that you are currently pursuing a business degree and would like you to champion a team to help improve management's effectiveness. The general manager would first like to understand some of the best management practices from successful companies.
First, you will identify a successful company. You must select a company from the list of suggested companies provided in the Project One Successful Companies and Search Terms document.
Once you have selected a successful company, you will then analyze its application of the fundamental principles of management. Search terms are provided. These will help you to conduct research to learn more about how your chosen company applies the fundamental principles of management.
Specifically, the following criteria must be addressed:
I. Introduction: Provide a brief overview of the successful company that you have chosen to benchmark for management best practices. Consider including specific examples relating to the fundamental principles of management and the company's mission and vision statement.
II. Profile of a Successful Company
A. Explain how the company has communicated its mission and vision within the organization. In other words, explain how the company demonstrates the importance of the mission and vision to employees and other stakeholders.
B. Identify how the company has successfully executed its strategic management plan. Justify your response. Include a specific example of a time when this management plan led the company to success.
C. Describe how management has helped to positively influence the organizational culture within this company. Use some specific examples, actions, or strategies that show how management has positively influenced organizational culture.
D. Explain management's pivotal role in the decision-making process within this company. Be sure to include specific decisions made by management based on principles of ethics. Discuss specific decision-making models used by the company that may have helped the company be successful.
E. Evaluate how the use of the functions of management within this company has adhered to the principles of ethics. Include how using the functions of management while adhering to the principles of ethics may have impacted the employees of the company.
F. Explain how this company strategically uses human resources to develop its personnel. Provide insight into how this use of human resources has enhanced the company's business processes.
III. Conclusion
A. Summarize how the company utilizes the fundamental principles of management to ensure optimal performance. Include insight into actions taken by this company if optimal performance is not met.
B. Analyze the decision-making strategies of the company for how they consider all the parts of the company as an interrelated system. Include how the decision-making strategies of the company align with a systems thinking approach.
Milestones
Milestone I: Introduction of a Successful Company
In Module Two, you will submit a 1 to 2 pages document that will identify your chosen successful company from the suggested list. You are expected to provide a brief overview of the successful company that you have chosen to benchmark for management best practices. You should also include specific examples related to the fundamental principles of management and the company's mission and vision statement.
Milestone II: Profile of a Successful Company
In Module Three, you will submit a 1 to 2 pages document that will provide a profile of your chosen successful company. This milestone will serve as a rough draft and must cover the six critical elements described in Part II of Project. You are expected to provide a minimum of two to three sentences for each of the six critical elements: mission and vision, strategic management plan, organizational culture, decision making, principle of ethics, and human resources.
Submission: Application of the Fundamental Principles of Management for a Successful Company
In Module Five, you will submit Project. It should be a complete, polished artifact containing all of the critical elements of the product. It should reflect the incorporation of feedback gained throughout the course.