Read critically and analyze the following scenario: The next meeting of the Stra
ID: 342797 • Letter: R
Question
Read critically and analyze the following scenario:
The next meeting of the Strategic Planning Committee for Biotech is scheduled for next week. All of the VP’s will be there and a report must be given by all as to the viability of the Boomer 1 roll out and the success or failure of the long-term goals and objectives.
Miller reviewed his meeting notes with his branch managers when the production results came out. The most important conclusions mentioned below are presented to the team:
Most all the managers seem to feel that the project was well worth the effort.
The most significant problem was the lack of space on the production floor.
Los Lunas and Sao Paulo managers indicated that they had floor space issues and quality control was the most significant issue because of the level of heat in the plant.
The standard had been met by everyone.
Three of the plants reported morale problems with older workers wanting to be trained for the higher paying line jobs.
Step 10: Potential Concerns
Prepare a report for Keith to present to the planning team:
Use the conclusions drawn by Miller from the Manager’s Meeting (noted above).
Task 1: Identify at least three conclusions that have potential concern for the long-term future of the project and or company. Explain why and how each of the factors identified would affect the future long-term strategic planning;
Task 2: Explain the relationship between the control process and long-term planning;
Task 3: Provide at least two recommendations for solutions to address the implications of the factors chosen. Explain why these recommendations are viable and would be an effective solution.
Explanation / Answer
Task-1:
The first and foremost issue would be the lack of space in the shop floor. It inidicates that investment needs to be done in developing the infrastructure of the project as it would lead to greater ease of operations in the long term and generate more profits.
The heat in the plant was another issue that needs to be tackled. The technical parameters needs to be improved for the project otherwise it might lead to failure of the project and a huge sunk cost.
The morale of the workers and their demand for higher wages need to be addressed in a systematic manner so that there is no labour unrest in the plant which would be detrimental in the long term
Task -2:
Control process help the production and operation of a plant to be kept within the permissible limits and in case there is any breach it is duely noted and action is taken accordingly. Long term planning is done based on such parameters and therefore, both the parameters are inter-linked closely.
Task - 3:
The shop floor space needs to be increased with an increased capital expenditure. It woudl help in improving the operaing conditions as well as increase the assets of the company.
Similarly, wages need to be rationalised since the new project is a more technical one, there needs to be a better compensation for the same.
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