Monday, May 25, 2020

Corporate Strategy My Boss For The Overall Direction On...

To begin, I would review the corporate strategy provided by my boss for the overall direction on how to execute our organization’s functions. I would use corporate’s OGSM to develop an operations strategy concentrating on their strategies and measures as the operations and supply management’s objectives and goals. The operations unit will use the corporate OGSM to determine how we can contribute to the success of the corporate strategy and plan to meet the company’s needs. Based on the objectives and goals assigned, I would determine which critical measures relate the most to corporate’s vision for the company. I would then evaluate our processes, their results and their impact on the company to see what processes need the greatest†¦show more content†¦After analyzing all of the data collected, I would develop an operations OGSM and deploy strategies and measures to the next level of the organization that would be their objectives and goals. I would ensure that any objectives set and proposed improvements to our processes were within the company’s capabilities. For example: the plan must be financially feasible for the company to carry out. I would employ process strategy to meet our goals and objectives. Two of our objectives are to consolidate manufacturing facilities and to increase productivity by 20%. This can be done using process choice to structure our manufacturing processes. Since the company only makes one product, the line process could work to produce high volumes of standardized cans of soup in one plant. The line process also allows the company to meet another objective of accelerating innovation by making new products on the same line. Modifying the tomato soup line is feasible because they can make new similar soups with the same ingredients or by using tomato soup as the base for different recipes. The line process coupled with a make-to-stock strategy would allow our company to improve their competitive priorities, including low-cost operations, speedy deliveries, and consistent quality. The line process can allow the firm to invest in more efficient technology that can beShow MoreRelatedThe Hard Truth About Soft Skills Essay1730 Words   |  7 Pagessoft skills. Each chapter focuses on one particular soft skill by illustrating how to perform strategies and methods to improve interpersonal knowledge that a person may be lacking in. Some of the soft skills that the book depicts are communication, job completion, being judged, management, and the shadow organization. For the importance of gaining soft skills is imperative as 75% of a person’s overall success in their career is dependent on interpersonal abilities, not technical knowledge. CommunicationRead MoreOvercoming Internal Barriers971 Words   |  4 Pagessuccess exist for every company regardless of how big or small they are. How a company strategizes for and responds to these barriers will determine the positioning of the company within the industry and its overall existence. To indentify potential barriers, a company must first formulate its key strategies for growth. A company can then examine itself internally and externally to identify barriers that may inhibit the realization of these key goals. For example, a company must be aware of theirRead MoreManagement Functions And Functions Of Management Essay1529 Words   |  7 Pagescontrolling. The planning function establishes a way to attain the desired objectives, resolve issues and facilitate action. The purpose of the planning function is to align the vision, culture, employees and the organizational structure with the strategies, and this involves multiple levels across the organization. Ultimately, planning is a needed function for business success (Huff 2009). The leading function of management assists the managers in administering and overseeing the performances ofRead MoreMy Job Title Was A Strategic Finance Intern Essay2338 Words   |  10 PagesFor my internship this semester I worked in the financial department at Steelcase Inc. I had a wide variety of duties and responsibilities, and I was constantly trying to learn as much as I possibly could. My job title was a Strategic Finance Intern, so my duties revolved around strategic decision making for the company. I worked closely with the multiple groups including Corporate Strategy and Product Development. However, I worked specifically in the Steelcase’s New Business Innovation groupRead MoreExecutive Tenure At Fortune 500 Companies1656 Words   |  7 Pagesuptick in the number of completed mergers and acquisitions deals can mean major disruptions in performance for both parties involved. Second, a survey by Fortune Magazine found that CEO tenure at Fortune 500 companies is about 5 years—meaning every five years, a new CEO takes the helm at a company and potentially re-strategizes, re-structures, re-organizes, and re-envisions the company’s mission, vision, values, and solutions. As change management professionals, we often think of change in terms ofRead MoreFactors That Affect Managers Globally : Cultural Linked Leaderships, Reasons Why Senior Management Derail1233 Words   |  5 PagesIntroduction In today’s global business environment, many organizations are trading in different countries. †Currently, more than 280 corporate and almost 40 franchise stores serve consumers in the 14 countries where we operate outside of South Africa† (www.shopriteholdings.co.za). More managers are receiving offers to work in other countries despite cultural differences; I am an example of such managers because I was given a chance to join Shoprite Angola from Namibia. Despite cultural differencesRead MoreHigher Leadership Roles Within An Organization1628 Words   |  7 PagesThe articles chosen in the Harvard Business Review were strategic readings which explained the contrast and complexities of higher leadership roles within an organization. At this point in my career and school, I have personal definitions of leadership and what leaders demonstrate in their roles as I’ve acquired learning from the field, college, and on-going management leadership courses. However , there was a greater benefit in reading the various practices of effective leadership from experts inRead MoreChallange the Boss or Stand Down3689 Words   |  15 Pagesof Form Sponsored by †¢ Cart †¢ My Account †¢ Downloads †¢ Explore †¢ Today on HBR †¢ Blogs †¢ Magazine †¢ Books †¢ Authors †¢ Store †¢ Harvard Business School †¢ Topics †¢ Change Management †¢ Competition †¢ Innovation †¢ Leadership †¢ Strategy †¢ Skills †¢ Emotional Intelligence †¢ Managing Yourself †¢ Measuring Business Performance †¢ Project Management †¢ Strategy Execution †¢ Industries †¢ FinanceRead MoreSuccessful Female Entrepreneurs, The Most Powerful Business Women By Fortune Press1759 Words   |  8 Pages Vamadevan Ganesh Fall 2014 Dowling College Term Paper On Indra Nooyi, CEO , PepsiCo 11/04/14 There are many successful female entrepreneurs, in today’s corporate world. Some are successful in making their company profitable by focusing on market demand. Some are focused more on its employees and the environment. There are quite a few who give equal importance to its employees and the environment at the same time catering to market needs thereby satisfying investorsRead MoreActionable Recommendation : Communication : Is The Market Like For Online Gaming Platform?1265 Words   |  6 PagesActionable Recommendation: Communication My recommendation for this issue is the whole group sitting down like they were, but each member discusses and makes their points of the idea. Each person gives their input on introducing online gaming and how it will affect the market? How can we fund the project? What are our goals? What is the market like for online gaming? Would it be smarter to just outsource the whole project? Can we train our staff to run the project? After taking a long serious

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.