Reference no: EM132719357
CR472 Management for Quality Control and Excellence - The Academy of Identity and Citizenship
Learning Outcome 1: Discuss strategic quality planning and the importance of time in quality improvements.
Learning Outcome 2: Appraise approaches of quality improvements and various business excellence models and quality awards; Baldrige, Deming, EFQM, and UAE awards.
Assignments:
A professional football team set its sights on winning the World Series. The team owner wanted to win big and win fast. Consequently, the team sank all of its resources into trading for the best players in the league. It was able to obtain enough of them that within two seasons the team was the World Series champion. However, the team had committed such a high percentage of its financial resources to players' salaries that other important elements of the team began to suffer. Its stadium quickly fell into such a state of disrepair that fans began to stay home. Training facilities also began to suffer, which caused discontent among the players. The money left over to pay the salaries of coaches wasn't enough to hold onto the good ones, most of whom accepted better offers from other teams. In short, by focusing so intently on the desired end result, this organization neglected other important aspects of building a competitive team. As a result, the team's World Series championship was a short-lived once-in-a-lifetime victory. The very next season the team's crumbling infrastructure sent it tumbling to the bottom of its division. Without the people, processes, and environment to turn the situation around, the team was eventually sold at a loss and moved to another city.
1) What are the main mistakes committed by the football team management?
2) Why would a company that is turning out a satisfactory product want to continually examine its people, processes and the work environment?
3) Create a hypothetical manufacturing or service organization parallel for this activity. Discuss how this assignment would apply to a company.
4) Write a vision statement for your hypothetical organization in question 3.
5) Write a mission statement for your hypothetical organization in question 3.
6) Establish three broad objectives for the hypothetical organization in question 3.
7) Describe the steps you would apply in executing your strategic plan in your hypothetical organization.
8) Explain briefly what aspects should be focused on so that your company will be eligible to win one of the international quality awards. How can you align these aspects with your strategic plan?
Use APA Style
|
Calculate amount of interest that omicron should capitalize
: At the end of 2017, Tractor Company purchase a tract of land for $100,000 as a building site. On Jan 1, 2018, Tractor Co obtained an $800,000 loan with a 6%.
|
|
Explanation of the implementation consideration
: Comment on the completeness and correctness of the explanation of the implementation consideration, explaining your comments.
|
|
Why do you think switzerland has lower interest rates
: Why do you think Switzerland has lower interest rates?
|
|
Single-family mortgage pass
: A falling rate of market interest would have the following impacts on a single-family mortgage pass-through Principal Only (PO) security?
|
|
Importance of time in quality improvements
: Discuss strategic quality planning and the importance of time in quality improvements and Appraise approaches of quality improvements and various business
|
|
What is portfolio return-mcdonald
: Year-to-date, Oracle had earned a -1.41 percent return. During the same time period, Valero Energy earned 7.71 percent and McDonald's earned 0.46 percent.
|
|
Demonstrate what the revenue earned is
: Members redeemed 10,000 points in fiscal 2017. The revenue earned in 2017 is? A clothing store maintains a loyalty program for its customers.
|
|
Prepare the cash flows from operating activities
: Decrease in accounts receivable 25,200. Prepare the "Cash flows from operating activities" section of the statement of cash flows
|
|
Evolution of management theory
: Compare the application of each of four functions of management in terms of how it might be different 25 years ago, based on the evolution of management theory
|