MGT 310 MID TERM EXAM Compatibility Mode -Saved to this PC ut References Mailing
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MGT 310 MID TERM EXAM Compatibility Mode -Saved to this PC ut References Mailings viView Help Tell me what you want to do te.a Normal 1 No Spac..Heading 1 Heading 2 Paragraph Styles 1. Discuss evidence you have seen of the imperatives for change. flexibility, and responsiveness faced by today's firms. 2. Describe large bureaucratic organizations with which you have had contact that have not responded flexibly to customer demands. And describe examples of satisfactory responsiveness. What do you think accounts for the differences between the responsive and nonresponsive organizations? 3. Considering the potential advantages of large and small size, would you describe the "feel" of your college or university as big, small, or small-within-big? Why? What might make it feel different? 4. What is a core capability? Generate some examples of companies with distinctive competencies, identifying what those competencies are. Brainstorm some creative new products and markets to which these competencies could be applied. 5. If you were going into business for yourself, what would be your core competencies? What competencies do you have now, and what competencies are you going to develop? Describe what your role would be in a network organization and the competencies and roles of other firms you would want in your network. Using an Internet search engine, search for "strategic alliance," and identify three recently formed alliances. For each alliance, identify whether the companies' other products are generally 6. competitors or complementary products. What are the goals of the alliance? What brought them together? Discuss whether you think a strategic alliance is an effective way for these organizations to meet their goals. 7. What skills will you need to work effectively in (1) a network organization: (2) a learning organization; (3) a high-involvement organization? Be specific and generate lists. Would you enjoy working in these environments? Why or why not? What can you do to prepare yourself for these eventualities? 0Explanation / Answer
Change is part of life. Change is important to any business due to change in customer preferences, change in technology, changes in socio economic factors etc. Change management is a process of transition of organisational goal, process and technology. It helps in develop strategies to accept change, incorporate change and help people to adapt to the changing environment. Companies are adopting to change according to the peoples preference and lifestyle. For eq, Multinational Company Pepsi got an insight on how people are moving towards health conscious living. That made Pepsi to rebuild their portfolio of products that can be offered. They acquired Quaker oats, Tropicana juice, Frito lay etc. . Rather than having only fun based products like soft drink, they rebuild their portfolio. Now their large share of revenue comes from other products than Pepsi. So it is important to understand the change of preference of clients. Large organisation which I had last encounted was Air india. it was run by Government. Air India had serious problem with process such as never on time. On the other hand , private aircraft carrier was low cost, great service, maintains time, comfortable seat and operational. Air india had least efficient system, they tried to operate on least demanded routes, recruited too many staffs and was running majorly for govt official with nominal charges or nil charges, accidents and techical etc made aircraft in big debt .Whearas other aircraft follwed time, process , gave offers and efficient customer service to make profit. Feel of an university is big, it gives an instant recognition , brand value . So it matters in long run. Core capability or core competency referes to the attributes the firm have over its competitors in market place . Apple, company has innovative products, quality product, great service and brand name.Great service especially great after sale service and innovate products with quality is what is missing in most of the other competitive brands. competences if i forray into for eg ,investment consulting businesswould be ,higly knowledge about financial products, good communication skills , excellent client service.Competencies that we develop will be quality service , reliability , good practices and ethics . Competencies of other firm would be reliability, profit making , great valued firm.Partners will be the role of other firm . Microsoft and nokia , merger combined microsofts strength and nokia hardware expertise.With this strtegic alliance they are geared to face competition from ios and android .yes , strategic allliance can bring more value to the firms. A learning organisation helps in a long run due to the fact that knowledge updation empowers people and they develop loyality towards the company .They in turn works effectively with best practices.High involment oragnisation may or may not give autonomy to its workers .Decision making powers are often left to top managements .Network organisation , people gets autonomy but sometimes increased dependence can create more issues like lossing jobs due to strategic alliances etc.Learning is a continious process that can motivate people .
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