Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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1. Based on Drago's observations, what do you think are the main issues in Technokrat's project managment?
2. What do you think about the awards and incentive? Why havent they had the desired effect?
3. What should Drago do? What difficulties is he likely to encounter?
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- What is the role of the project leader in a predictive project team vs an agile project team? What are the most important personal characteristics for leaders of each of these team types?arrow_forwardCASE: Best Buy Pays Big Bucks for CEO Best Buy, the Richfield, Minnesota retailer awarded its new CEO, Hubert Joly, a pay package valued at as much as $32 million for three years. The slumping consumer-electronics chain with 1,400 stores had been without a permanent CEO for about five months.Mr. Joly, who is a native of France, will be paid $6.25 million if he is unable to get a visa to work in the United States. The deal further calls for Mr. Joly to get a base salary of $1.175 million for the coming years, but guarantees him an annual long-term cash award of no less than $8.75 million for the same period. Mr. Joly insisted on payments to make up for the compensation he leaves behind as he leaves his job as CEO of the hospitality chain Carlson Companies.Best Buy defended the arrangement saying that it had to compensate Mr. Joly for the money he left behind at Carlson, but that most of future pay is tied to incentives based on his performance for the company. According to one…arrow_forwardthe HBR article by Antonio Nieto-Rodriguez and analyse the main qualities that leaders need to excel in a project-driven world.arrow_forward
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