Knowing the legal requirements for binding contracts for a business organization is essential. The majority of business law in the daily operations of a business is contract law. A business organizations success is based on their reputation to fulfill their promises. Business transactions are based on contracts and expectations the agreed-upon promises create. Knowing the legal requirements for making binding contracts is important.
MGMT E-4000 Henry Tam Case Study October 22, 2011 Henry Tam Case Study Answer 1: Understanding what went wrong during the Henry Tam case requires adopting a holistic systems thinking approach because of the complexity and multi-levels of conflict involved. One person or one facet of the MGI group was not solely responsible for the conflicting tensions that brewed, ultimately threatening the productivity and completion of the project. Instead, a hybrid of strikingly different backgrounds, clashing personalities, lack of agenda, absence of assigned tasks, mutual disrespect, and conflicting self-perceptions permeated to morph into a team that struggled from the business plan’s conception to completion. Whereas some conflict may be considered healthy or even encouraged within an organization, the conflict that developed within the MGI group was highly counterproductive because it involved, “poor listening, one-up-manship, power-plays for resources, perceived putdowns, and over controlling comments,” (MIC 1985: 3). Members of the MGI frequently cited a lack of communication based on clashing parties’ reluctance to respectfully listen to one another’s ideas.
However, customers were asked by Lego to change their order behavior. Moreover, sales offices began to order from larger manufacturers. In consequence, the initial calculation by DHL based on the number of orders didn’t work out as the overall number of orders dropped significantly. à Key learning: Communication and transparency to parties involved is important as otherwise problems need to be solved later on • Moreover DHL was struggling with the number of different rules that were applied to different customers. This finally caused several system halts that needed to be managed.
Some of the security weaknesses noted in the case study includes the fact that Sony was using an older version of software (Apache Web Server) which had known security issues. This impaired the security of their firewall, allowing hackers to get in. As for control weaknesses, there were obviously not the appropriate policies or organizational procedures in place, since Sony did not know what information was stolen from their servers, the fact that it took days for Sony to inform their customers of the breach immediately shows a lack of training of their management and staff and also Sony’s delay in shutting down all of their servers at the point when they learned of the attack. If the proper policies and organizational procedures were in place, perhaps it would not have been as dramatic for Sony. 2.
Change in the organization is a complex matter to deal with due to inner resistance joined with improbability on the part of the organization (Paton & McCalman, 2008). There are different change management models that can be made the most of by the organization while implementing new behaviors and technology. Organizational Management Organizational management is the process of preparation, sorting out—organizing, leading and managing the labors and efforts of organization members and resources to attain stated organizational goals (Durand, 2006). Large and small, decisions are required to be made each day, and for an organization to be prosperous, its managers should be able to continually solve problems and make decisions that
Lauren is assigned manager of the project and she need to work the team effectively and efficiency for sure. Also, the team needs to work on some complex problem and make decision of it. Compromising approach is suit for the situation in which time pressure is high and some complex problem must be addressed. While competing approaches is also prevalent in high time pressure situation, I would not recommend Lauren to use competing approaches because it might produce resentment. Second, the team needs to work out some complex issues.
Aarco Products Inc./Solution Identification Javier Otero American Public University MGMT 495 Professor Christi Smith Aarco Products Inc./Solution Identification Aarco Products is suffering from tumultuous productivity cycles, financial difficulties, and an organizational structure that has no backbone. Flexibility and trust will be vital when discussing organizational changes with ownership that may lead to resistance due to current financial difficulties. Leadership must be unified and provide a clear plan of implementation to its employees and why the changes are necessary to eliminate employee concerns. Without this knowledge, it will be difficult for employees to fully grasp the changes. Management must communicate with employees during every stage of change to address any fears and concerns.
It was inevitable for the companies to come up with ideas to overcome the obstacles such as sharing real-time data. Different levels of technologies as well as IT infrastructures between the companies were also a big issue, which was also linked to implementation issues. Due to the complexity of designs, much smoother communication was needed as well as importance of patents and intellectual property related issues had to be discussed. To be more collective and be “tightened”, collaboration through information technology was no longer an option for them, but a “must” to survive. 2.
This is because the proposal involved major changes to the organization purchasing and pricing processes and Albanese did not use the right strategies for managing the change process. In this report, our group will analyse the case and answering the case’s questions. CASE ANALYSIS Change is inevitable especially when an organization has to make improvements on the prevailing situation. However, change involves moving from
There is a problem to antici pate the under developed material need to be solved and how to control the cost is also the issue, if the company need to be more stronger especially under the fast development situation, no doubt cost control will be very important. Meantime the internal supply chain communication is not so efficient which also need to be improved. According to the current situation, to reset the external supplier structure and internal management improvement is kind of supplier management and BVSx in on the way now. SWOT analysis [键入文字] Strength Weakness • No.2 in the field and still grows fast, has more bargain power towards the suppliers • Strong R&D competence • Independent from the corporate parent, relatively easy for decision making •