Evaluate strategies for your organization

Assignment Help Operation Management
Reference no: EM132201396

1. As a top manager for your firm you have been tasked with developing criteria for your strategic management team to evaluate strategies for your organization. Based on what you have studied in class, what criteria would you use to conduct your analysis (i.e. in evaluating the external and internal environment and other factors). Please ground your reasoning/argument in the textbook and show me you can apply concepts from class. You may want to give an example to illustrate your point.

2. As a member of the board of directors for XYZ corporation you have been tasked with helping find a new President for the company. a. Based on what you have learned in class what are some of the things you might want to look at for your company as you recruit a new leader? (i.e. what qualities would you like to have in this new CEO that might align with your company's structure. b. Do you have a particular leader that you admire that has particular attributes which you would like to see in this leader? (i.e. is there a particular kind of leader you like such as a servant leader, etc...) c. What things can you do to incentivize him/her to want to work for XYZ and based on what you know do you think the suggested incentives will align with the shareholders? You will be presenting your ideas to the other board members so make sure you ground your argument in material from the class to illustrate your knowledge. You may want to give examples to illustrate your point.

3. As an international manager for your company, you have been tasked by your boss with determining whether or not to expand your company’s products abroad and the possibility of manufacturing and/or outsourcing your products as well. Please apply what you have learned in this course and discuss the following: a. What factors do you think you should consider about your organization and its ability to expand abroad? b. What are the various modes of entry that you would consider and what are the risk factors of each? c. What factors are important in marketing and manufacturing your products/services abroad as well as sourcing your raw materials? d. What considerations should your organization take into account with outsourcing and/or managing your supply chain? e. In your opinion, which strategy(strategies) would you recommend and why? (Make sure you consider the level of investment and risk in your plan). As part of your evaluation you might want to provide an example to illustrate your point. Your boss will take into account your detailed knowledge of this matter and make decisions based on your informed opinion of the matter.

4. You are the founder, CEO, of a new company and are responsible for setting up a corporation. Please discuss the following: a. How you would ideally like to structure your company (pick an industry to describe and a product or service). Also, what type of corporate governance mechanisms would put in place. b. What kind of culture you would like to have and why. c. Discuss how you would recruit, train, and maintain employees and if you would reward people individually or for working in a group? d. Discuss how you would create an innovative organization. Please consider how you will engage in a type of innovative activity for this product. e. Describe what type of strategy would you like to undertake with a particular product or service. Determine if you have a domestic only or international plan and incorporate this into the discussion.

Reference no: EM132201396

Questions Cloud

Describe as the most important when serving customers : Of all the elements that constitute body language, which three would you describe as the most important when serving customers? Explain.
Based on your experience and observations : Based on your experience and observations, in what ways do films shape our society? Is this influence more positive or more negative?
Would you invest money based on an analysis : Would you invest money based on an analysis similar to the one you have completed in this course? Why or why not? Explain your rationale.
Describe voicemail system : Describe a voicemail system you have used that you consider being customer-friendly. Describe one that you consider not to be user-friendly.
Evaluate strategies for your organization : As a top manager for your firm you have been tasked with developing criteria for your strategic management team to evaluate strategies for your organization.
While standing in line at the coffee machine : While standing in line at the coffee machine, you overhear the person in front of you saying “I’m really tired of having to deal with the old-timers here.
Proposal to the board of directors to buy television inc : Jimmy and Johnny work together to radically inflate the value of Television Inc. Jimmy brings a proposal to the Board of Directors to buy Television Inc.
Discuss if health care professional shortage exists : Discuss if a health care professional shortage exists. What points out the need for more health care professionals?
What are the optimal values of the decision variables : Discuss what challenges leaders face today that are different from 30 years ago. What are the optimal values of the decision variables and Z?

Reviews

Write a Review

Operation Management Questions & Answers

  What is a descriptive epidemiologic study

What is a descriptive epidemiologic study? How are descriptive epidemiologic studies used today? Illustrate your answer using the example of the World Trade Center Attack of What is a descriptive epidemiologic study? How are descriptive epidemiologic..

  What is the optimal production quantity for the card

What is the optimal production quantity for the card? (Round your answer to the nearest whole number.)

  How many new skiers are arriving on average

LaVilla is a village in the Italian Alps. Given its enormous popularity among Swiss, German, Austrian, and Italian skiers, all of its beds are always booked in the winter season and there are, on average, 1,200 skiers in the village. On average, skie..

  Cover letter-grab the reader attention and create hook

Cover Letter-Grab reader’s attention and create “hook”. Give more details about your qualifications and more info about the benefits you mentioned in Para 1.

  What are some of the important steps in capacity management

What are some of the important steps in capacity management and why is this important to supply chain management.

  Whirlpool could do to eliminate bias and glass ceilings

What are three things a manager at Whirlpool could do to eliminate bias and glass ceilings?

  Illustrate what is the break-even point

Assume a fixed price of $900, a variable price of $4.50 also a selling price of $5.50. Illustrate what is the break-even point. Explain how many units must be sold to make a profit of $500.00.

  Good critical thinkers to understand marketing tactics

Why is it important for us as consumers and good critical thinkers to understand marketing tactics?

  What is the OEE of the equipment

The other time, the equipment is idle. What is the OEE of the equipment?

  Moderating role of openness to experience

Moderating Role of Openness to Experience This study examined the relationship among Big Five Personality traits and self-esteem of college students

  How should project iterations be structured to ensure rapid

How should project iterations be structured to ensure rapid progress to completion, high quality, and efficient use of medical practitioner time?

  Describe each of the components in the data hierarchy

Define a database and a database management system and describe how it solves the problems of a traditional file environment.

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