EXECUTIVE SUMMARY This paper deals with the problems experienced at a company called Corwin Corporation during the initiation and execution of the failed Peters Company project. Corwin had built up an international reputation with their production of well-known, good quality rubber products. Corwin’s management is conservative and risk averse. A contributing factor to Corwin’s success was its preference for extending their markets rather than engaging in specialty manufacturing for outside companies. The company receives frequent requests to manufacture specialty products.
There is also not enough space for storing raw materials and finished goods, which of course means that production may be slow if not everything is accessible. The layout of the company makes the workflow difficult and so motion is wasted. This leads to a decrease in production. The employees are not being allowed to work at their fullest potential, (02) Secondly, long term Albatross Anchor must decide to upgrade their technological tools. In order to be more successful in their industry, they must have up-to-date equipment and technology.
As this manner of knowledge management is not efficient and outdated it is suspected to be the main cause for loss of sales. Objective Our objective is to provide recommendations to improve the current knowledge management system by providing available options and suggestions. Current system Basic system in place for accounting functions, but no available procedures available for the collection and tracking of essential customer information. Desired Outcome For Dooright Enterprises to have an up to date knowledge management system in place, including updated software for accounting and point of sales and software for tracking important customer information. Action Required * Install new and up to date software to keep accounting functions efficient * Install software for keep track of customer information * Implement new procedures to knowledge management Gap Analysis Identified Gaps in system performance | Potential Solutions | Priority for action | No system in place for tracking customer info | Install best suited software | Needs to be implemented immediately for best results | Update accounting system | Review and install up to date software |
* Both DFD’s in Petrie Electronics case in Figure 7-1 and Figure 7-2 are not balanced correctly. The figure 7-1 diagram misses the process of how the company maintains the promotions for the customer and the 7-2 diagram has way too many steps and is kind of confusing and hard to understand. Because the figure shows multiple inputs from multiple sources it makes it somewhat difficult to read. In order for the two diagram to be balanced, we will need to show the additional sources and their inputs into the system and when the 7-1 and 7-2 diagrams have the same sources-inputs-outputs, the diagrams will be balanced. 2.
Also there is much inefficiency due to lack of common and corporate wide policies and processes which have been identified as areas of improvement. The founders and leaders of Tanglewood realize that unless the company is able to address these issues, and very tightly couple the organizational culture as part of their operations, it would be tough for them to succeed in the new competitive scenario and also take advantage of the opportunities present in the market. The company also has to ensure that it is able to create a motivated and robust work environment with loyal employees, so that they do not go away to competition that would be soon entering the regions that Tanglewood has presence in. In order to
Besides state and federal regulations new companies are developed with new policies making it much harder for just anyone to open up a facility. Not only do they need to be approve but adding employees whether physicians or assistants must be an attractions to keep any other competition on the low. Due to so many restrictions helps keep the opposition on the low side. In the health care filed the bargaining power of buyers is also very narrow and restricted. The economy has no control over humanity, the reason for this will be since diseases, illness and injuries occur during any giving time.
Once Lawson went to Sink, it place him in a troublesome position. Since if Sink affirmed the configuration it wouldn't look great. Despite the fact that Vandivier did show the act of groupthink, the fault was continually pushed off to an alternate in this organization emergency. Vandivier was exceeding the expenses of his individual life profits family life vs. business profits when deciding his bearing of morals and choices. Disappointment of correspondence inside workers and offices was hindering and subsequently the authoritative standards ought to be modified inside the partnership.
* Medisys’s original culture, prior Mr. Beaumont’s arrival, was influenced by technical projects. Technical managers had a sense of entitlement over other non-technical areas, which stagnated the sharing of information. Outcome: * The outsourcing of software development affected the original production plan due to the inability of the hired firm to meet deadlines. * The limited number of engineers available for the project aggravated issues related with fitting the data displays and battery units into size specifications. * Functional agendas resulted in conflict of interests and improper assessment of the project’s priority.
What works for one salesman may not work for another. Some may like recognition and some may not. There are many different things you need to learn about each salesman before you can effectively manage them, and that takes time. It is also not fair to the salesman to have to keep reporting to a different district manager each time they are replaced. This will cause a lack of consistency in teaching from the management side and discipline of the employee in balancing both clients and management.
In the case of Keflavif, the exclusive method was causing projects to fail due to schedule overuns, the use of unlearned technology and lack of experienced technicians, poor estimates of product cost and unclear priority of beneficial projects. Any process can lead to negative outputs weather the method chosen is excessive or exclusive. Excessive methods can become damaging to a company of all the resources are tied in too oveer anaylzing and any projects are completed. There needs to be a finite plan