Reference no: EM132250704
Applying this process to a real life type scenario/business – Answer questions and follow the 6-step process as it relates to JC Penny. Some of these questions may not relate to your organization but once you research you will be able to decide and choose accordingly. Each student is the CEO of one of these company’s struggling with some processes in the business:
Problem Identification –
What are the key problems affecting the business?
What are the customer saying about the service and the product?
What is the root cause of any decline in revenue, or production time?
Data Collection –
Why are certain processes falling short?
And what are the immediate steps the company can take to adjust the current processes to improve them?
Who are you listening to, are they actual or rumor complaints?
What departments are struggling?
Solution Generation –
What are some of the solutions you have for improvement?
What are some of the solutions your management team has?
How will you go about collecting all the best solutions?
Solution Test –
Are these solutions long-term or short-term solutions?
What are some of the cost factors associated with the solutions?
Does your team like the solution or are they going to sabotage it because they are unhappy with the decision made?
Solution Selection –
As the executive leader of the company are you comfortable with the decision you made?
How are you going to take a strong lead on this decision without alienating yourself?
Solution Implementation -
Evaluate and track how the solution is working?
Is it achieving the results that you wanted?
Is the results are poor, what steps do you need to take to adjust?
As the leader for the company, how will you appropriately change the solution direction without upsetting the environment or flow of the employees and production?
How do autonomy and risk-taking contribute to success
: How do autonomy, innovativeness, proactiveness, aggressiveness, and risk-taking contribute to intrapreneurial success?
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What is the average aggregate inventory value
: What is the average aggregate inventory value? How many weeks of supply does the firm have?
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Analyze the data in the dataset
: Analyze the data in the dataset, convert it into information, and summarize the data through "data mining".
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How can consumers and businesses protect themselves
: Fraud detection can be critical when it comes to data and being able to analyze that data. Some examples of fraud would be credit card fraud.
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The customer saying about the service and the product
: What are the customer saying about the service and the product? What is the root cause of any decline in revenue, or production time?
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How hr practices differ in a small businesses in comparison
: Explain how H.R practices differ in a small businesses in comparison to an international setting?
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What was the ultimate outcome of the erp implementation
: Who were the parties to the project? What vendor or consultants were involved? What was the scope of the project?
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Vertival integration into warehouse operations beneficial
: Considering only costs, how many packages must Donegal Footwear ship to make the vertival integration into warehouse oeprations benefitial?
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Identify a nonprofit health care organization
: Compare and contrast the strengths and weaknesses of each organization from patient, provider, administrator, and third-party payer perspectives.
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