HBS Case Innovation and Collaboration at Merrill Lynch

A Case Study Running head: A CASE STUDY - STRATEGY AT H&R BLOCK, INC. A Case Study - Strategy at H&R Block, Inc. Capella University OM 8012 Strategy Dr. Perry Hahn Dec 21, 2005 1 A Case Study 2 Abstract This paper will include an analysis of the company from the four strategy perspectives provided in the project deliverable which are: Strategy as rational thought - strategic planning and decision-making, Strategy as revolution - what is referred to as disruptive innovation, Strategy as resource allocation and accumulation in the firm, and finally Strategy as technology leadership viewed as a unique competitive advantage.

Mr. Browning was well aware that that employees and managers were reluctant to change therefore he’s first objective should be is to create a feeling of urgency for

Feature story: Michael Lee-chin’s crisis of whether or not to sell AIC’s stocks (as he supported them for many years) when they were falling dramatically. He then decided to purchase many of one stock, Mackenzie Financial Group, one of AIC’s major

Any kind of change in an organization may be challenging as it may demoralize employees and minimize performance. Therefore, main concern for DSS was how to ensure the employees maintain the same level of commitment, for it to achieve its strategic goals. There was a lack of clear concise during the communication of the new organizational strategy to all levels in the organization. The management failed to provide a detailed implementation plan that was to be followed in order to achieve the desired results. The employees themselves also did not receive the communicated information in a favorable manner. Both Meg and Chris did also not communicate effectively during the organizational change. As a result, Chris did not fully grasp what was expected of her as a leader and her team. The management should aim at ensuring the communication within the organization is successful. Successful communication is achieved when both the sender and the receiver have a common understanding of the communicated information. Both Meg and Chris should set up regular structured information. For instance, through the use of memos, emails, written updates, or setting up periodic meetings.

Management must espouse coherent strategies and persuasively convey them to the employees to successfully communicate the change vision within an organization. Also, the organization should query employees to conclude the superlative mode of communicating with the team. It starts with leaders considering their previous methods and determine if they need modification or enhancement.

The authors were successful on this step by creating a valuable and diverse team that complimented each other, which was a necessity to ensure they had mixed points of views and opinions. Next, the team must create the approach they are going to take, and to be sure each team member has a clear understanding of the benefits for the future of everyone involved. This step was evident by the group meetings. Fourth, it is imperative for the team to demonstrate impeccable communication skills and the ability to influence others to comprehend the significance of the change (Kotter and Rathgeber 2006).

Firstly, using the doctrinal method of Approach to Operations, with purpose to understand the cultural, political, decision-making and organizational networks helped me to share views with my team

This paper will explain the managers’ role within a company and their responsibility when implementing a change within a company. It’s not just the planning and organizing talking about what plans need to be placed in order to create a change in a company, but the manager must know what to expect and how to completely deal with staff to make a positive outcome for the team. In the end this paper will provide and explain the change process; assessment, planning, implementation, and evaluation.

Excellent customer service is a way to set the organization apart from its competitors. Differentiation can be achieved through fast and correct execution of product ordering. To improve on the order process it is important to have the correct information provided in a timely fashion to all divisions. For integration to be successful information must be available throughout the entire supply chain.

EXECUTIVE SUMMARYMerrill Finch Incorporated is a large financial services corporation. As a newly hired financial planner for the company, I have been assigned the task of investing $100,000 for a client. The investment alternatives have been restricted to five options: T-Bills, High Tech, Collections, U.S. Rubber, Market portfolio, and a 2-Stock portfolio.

* In forth step, I communicate change vision and plan of attain it with team members by assistance of guiding association.

This case is about implementation of a new “shared vision” concept within The Analog Division of Motorola Company. In 1993 Analog division was a major manufacturer of analog products in the world and had its divisions in many different countries. In other words the division had strong global presence. In order to create more efficient global company, Alison and John have decided to develop new shared vision within The Analog Division where managers would be involved directly and indirectly in the decision making process. Before the new vision development, Analog Division and its managers was very limited in decision making. Because they had such a strong global presence their

In phases 2, we conduct a simple research to obtain the information though online internet. Our group uses the sources to gain the knowledge and understand what kind of strategy that HupSengcame out and understand the management teams even the financial performance.

Bringing customers’ onsite for representation is difficult. During this time, product managers can act as surrogate customers. However, organization might or might not have an onsite product managers. Another issue is, when more than one customer group is involved, each group will have different goals and expectations of the system. Building up a common goal in the short development cycle is challenging. At this time the development team will have to put extra effort to negotiate with each group and to integrate the requirements in order to satisfy the project stakeholders.

Ideas and concepts communicated through various teams are progressive stepping-stones towards change, which can unleash the full potential of creativity (213). It is not a wild stream of ideas that will help innovation move forward, but rather a very well focused concept. Creating a clear and concise system allows people to truly focus on innovations that are aligned with the organization’s objectives and reduces the energy and time spent on incoherent ideas.