What strategic problems must be solved? What project management problems must be solved? What time frame is reasonable? If excellence can be achieved, would it occur most likely using formal or informal project management?
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Cordova Research Group
Cordova Research Group spent more than thirty years conducting pure and applied research for a variety of external customers. With the reduction, however, in Research and development
Funding, Cordova decided that the survival of the firm would be based upon becoming a manufacturing firm as well as performing Research and development
. The Research and development culture was close to informal project management with the majority of the personnel holding advanced degrees in technical disciplines. To enter the manufacturing arena would require hiring hundreds of new employees, mostly non degreed.
QUESTIONS
- What strategic problems must be solved?
- What project management problems must be solved?
- What time frame is reasonable?
- If excellence can be achieved, would it occur most likely using formal or informal project management?
Step by step
Solved in 6 steps
- Cordova Research Group Cordova Research Group spent more than thirty years conducting pure and applied research for a variety of external customers. With the reduction, however, in R&D funding, Cordova decided that the survival of the firm would be based upon becoming a manufacturing firm as well as performing R&D. The R&D culture was close to informal project management with the majority of the personnel holding advanced degrees in technical disciplines. To enter the manufacturing arena would require hiring hundreds of new employees, mostly non-degreed. QUESTIONS What strategic problems must be solved? What project management problems must be solved? What time frame is reasonable? If excellence can be achieved, would it occur most likely using formal or informal project management?Johan Wong, a senior researcher at Social Science Institute, made the following notes about several of his clients to you, a newly employed researcher: Client A is consumer packaged goods manufacturer with a well-established brand name. The client has focused on manufacturing and distribution for years while the marketing programme has been set on "auto-pilot". All had worked fine, though there was a hint of emerging problems when, in the preceding year, market share has fallen slightly. Now, our client has just reviewed the current market share report and notices that over the previous 12 months, the company's share has gradually eroded 15%. When market share falls, clients are eager to learn why and to take corrective actions. In these situations, we know immediately the problem is that we don't know what the problem is. There are many possible causes for this slippage. We need to determine the research design needed. Second, Client B is a manufacturer of several baked goods products…The team of ABC corp, the manufacturer of a chip processor, has a good grasp on how software giants build products around its processors. The teams at ABC design processors to feature attractive capabilities to the software giants by seeking input from researchers and designers on the ABC corp team who possess knowledge of current and upcoming trends. New processors will incorporate these trends in design. After identifying what type of problem-solving style this would be an example of, incorporate the key skills entrepreneurs must have and apply them in terms of the ABC corp team.
- McDonald’s success is built on the highest standards of quality, service and cleanliness delivered to customers in each of its restaurants. Well-trained crew and managers are the first step to achieving these standards. It is company policy to provide career opportunities that allow employees to develop their full potential. This includes a comprehensive training programme for crew and operations management and career progression that enables a ‘first job’ employee to progress through to a senior management position through merit-based promotions. Critically analyse the training process and approaches at McDonald’s and advise their management on three levels/types of training needs analysis that would assist to identify the skills gaps in the company for future training interventions. (based on the attached case study)Non-financial performance indicators Identifying the critical success factors of a business is a key element in determining the non-financial performance indicators. Select an organization that you are familiar with, define the organization’s objectives, and identify two (2) critical success factors, and recommend one non-financial performance indicator, which must be measurable (expressed in a numerical formula). Note: the organization could be a business, a restaurant, a shop, a school club, as long as the organization’sobjectives are clear.Biscuits and skill: Biscuit making in Britain and Germany This is taken from a study of biscuit manufacture in ten (10) British and eight (8) German firms. The type of biscuits produced varied greatly between the two (2) countries, largely owing to national tastes and demand. In Britain demand concentrated on relatively basic biscuits: either plan or with simple coating of chocolate, cream, or jam. In Germany, there was a much higher demand for decorated and multi-textured products (soft biscuits with jam filling in chocolate cases or layered variegated biscuits). Since this affected the type of biscuits each firm produced, it was difficult to measure and compare output and productivity between the British and German factories. An examination of crude output figures indicated that at the British factories employees were 25 percent more productive than German employees largely because British firms produced large quantities of simple low quality biscuits. However, when productivity…
- At the end of Avondale Industries’ fiscal year, the training and development office reviewed its budget and found that, due to the cancellation of two training programs, there were still funds left to spend. With just two weeks in which to spend the money, the training director put together a program to train employees who were transferring from the avionics division to the new adhesives and sealants division. The training was held but there was not enough time to consult with managers in the adhesives and sealants division to set learning objectives for the skills needed in the new division. A month later, the training director was asked to provide another training as the employees did not have the knowledge, skills, and abilities for their new jobs. Why is it important that a thorough analysis of training needs be conducted prior to holding a training program? Understanding the needs of the new division will help supervisors identify which employees need the training the most.…2. Applying the principles of Business Research answer the following: a) Given the following diagram: Outsourcing Business Performance Required: a.1) What research topic is being shown? What is the dependent variable? a.2) Identify what sub-variables under outsourcing and sub-variables under business performance can be included to give greater clarity to the research paradigm. Improve the diagram.(2) Case Study: Read the case and answer the questions given below. Zara designs and markets an extensive range of women's and men's fashion apparel and accessories, with versatile collections ranging from casual to dressy. The company also produces fragrances for women and men. The company wants to double revenue, cut operations costs, reduce time from product design to availability, and improve communications with customers. To achieve these goals, Zara is making a major technology overhaul that will increase hardware, software, databases, and network capabilities. Zara has developed Web-based tools to improve communications with suppliers and retailers. A Web-based application allows retailers to track purchase orders and to check the status of transactions instantly a process that used to be done over the phone. Over 60% of customer orders are now placed electronically. The company also invested heavily in software to track materials around the world and to help communicate better…
- Rubatex Corporation manufactures rubber and foam for a variety of products, including artificial turf housing and insulation, hockey helmet liners, scuba diving suits, sports sandals and mouse pads. The company was purchased by an investment firm called American industrial partners (AIP) that has so far earned only a 1 percent return on its investment. Obviously the company is having problems. Its sales are up but earnings are down. In the first three months after acquisition, the company lost $2 million on $68 million in sales. Understandably, AIP wants to know why and is demanding aggressive action. Employees at the Bedford, Virginia, plant say they know something’s wrong. The plant is hot and dirty and crumbling, and they are working harder to produce items of poorer quality. Fewer than 7 of 10 orders are shipped on time, and 2% of sales are returned as defective. Built in 1924, the plant sprawls over 14 buildings, with only the offices and lunchroom air-conditioned. Equipment is…A newly established noodle house has suffered low sales lately. The owner of the noodle house wants to conduct research to collect information that will help him solve the problem at hand and design a workable strategy. Explain how the three types of research designs can be used in this case.This case study focuses on the planning and execution of a non-profit organization's annual fundraising gala. The event aimed to raise funds for a children's education initiative. The organizers faced a multitude of tasks, including selecting a suitable venue, securing sponsors, coordinating with caterers, and creating an engaging program that would resonate with donors. Additionally, they had to ensure that the event adhered to the organization's values and mission. The study analyzes the strategies implemented by the team, emphasizing the importance of building strong partnerships with local businesses, leveraging social media for outreach, and delivering a heartfelt message to attendees to inspire donations. Question: How did the organizers strike a balance between keeping event costs low and maximizing fundraising efforts?