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Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Question
. How can a company maintain informal project management during periods of
corporate growth?
If the organisation persists in creeping toward formal project management, what
can be done to return to a more informal approach?
How would you handle a situation where only a few managers or employees are
promoting the more formal approach?
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- CEO of B company, a food manufacturer, decided that several changes were required in order to maintain competitiveness. These included; - A change in structure in order to improve the focus on particular products and customers - Tighter control of costs - The introduction of a more entrepreneurial culture Having decide that these changes were necessary, the CEO e-mailed all heads of departments indicating that the following few months, the company would move from functional structure to a divisional structure. Existing functional heads would be interviewed for senior posts in the newly – created divisions in open competition with other applicants. The job specifications for the new divisional heads included requirements that the new heads would drive the changes, including a rapid transition to a more entrepreneurial culture and the implementation of new control mechanisms to contain costs. The CEO delegated the change program implementation into the hands of the head of human…arrow_forwardChoose a company that interests your team anddo research to document its strategic plan.Include a SWOT analysis and a statement of theorganization’s vision, mission, objectives, goals,and strategies. Identify and briefly describe twoIS-related projects that would be consistentwith this plan.arrow_forwardYour challenge is to select one of the following premiere league teams competing this year that have a youth academy: Once you have selected a team academy you must address the following: You are tasked with identifying the industry, markets, and value propositions associated with the company (remember there are men’s, women’s, and youth clubs in many of these organisations), and more importantly, what is the role of the youth academies? Other questions you might want to address include: • What is the purpose of an academy? • Does it have a critical role in the organisation? Industry Markets and Value Propositions Business Start-up MGT3027 6 MGT 3027 Assessment 1 • How/is a youth academy financially sustainable? • Where does the academy operate? • How do academies compete as an organisation (sourcing, funding, sustainability) NOT literally on the pitch. • Why are these academies important to the organisation? Use references, information, and data to support all your decisions and…arrow_forward
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