Analyze suitability of the four implementation strategies

Assignment Help Business Management
Reference no: EM131304763

Establishing Baselines and Assessing Success - MUST USE AMAZON FOR FIRST 2 PORTIONS FROM PREVIOUS WORK ALREADY DONE.

In this Assignment, through the development of pilot studies and contingency plans, you will engage in developing the following professional competencies:

? Write an action plan

In this Assignment, you are going to evaluate a specific business process based on criteria detailed below. If you already have selected a business process, continue using that and skip to the next paragraph. If you have not yet selected the business process you will use for these Assignments, then begin by selecting one. E-mail your instructor and clearly describe the objective of this process, the participants, and the strategic significance for the company. The business process you select must have a clear beginning and an end, with identifiable, specific steps. Your instructor will confirm that the process you selected is suitable, or ask you to select another one.

For this Assignment, write a paper that answers the following questions (use the subheadings/numbered questions below to organize your paper):

PART 1 - IMPLEMENTATION STRATEGIES

In the first section, you will use critical thinking skills to tackle the problem of revised process implementation. You will evaluate various implementation strategies and pick the best option for your project.

Analyze the suitability of the four implementation strategies discussed in your book to your project, determine the best one and describe how you would design the implementation for your specific process based on this strategy.

? For each strategy explain the specific pros and cons of using it for your project. Do not simply repeat the generic pros/cons from the book- your analysis should be based on how each strategy applies to the process you selected and the nature of your selected organization. Discuss the makeup of your organization as well as the requirements of your process and anticipate how each strategy may experience difficulties.

? Select the one you think will work the best in your situation. Justify your selection.

? Explain how this strategy must be customized for your selected process.

How would you design the rollout process? What would be required for the success of this strategy when implementing your revised process?

PART 2 - ESTABLISHING BASELINES

To begin with, list three metrics that you think can help you quantify the performance of the current process. List and define the metrics clearly, explain why each metric is important in the assessment of the process and then give an example of the statistic units. For example, if your metric is "speed of processing" it may be defined by how quickly each employee audits a tax form, and the example would be that "on average you would expect 8 tax forms audited per hour." If you have already done this in a previous Assignment, you may copy and paste a summary from that Assignment.

Then, revisit the metrics that you selected for your baseline. For each metric, clearly discuss the following:

1) Describe what the metric is: how is it calculated and used currently?

2) As far as being used as a justifiable project goal, what kind of a change in this metric would constitute success? How did you arrive at this figure? If this target change figure is not possible to estimate now, then describe how you would compute it if you were actually carrying out this project: who would be involved and where would the data come from?

Read the following case study and answer the questions at the end.

In 2009 it was decided that ABC Tire Company would implement a BPM project with the following goals:

? Decrease the labor cost per tire and

? Increase profit from each tire sold by 5%.

To track the success (or failure) of the project they determined the following baseline data for 2009.

Total # of Tires Sold - 22,594

Materials Cost Per Tire - $21.23

Labor Cost Per Tire - $12.67

Average Retail Price Per Tire - $119.00

Average Profit Per Tire - $85.10

After implementing the BPM project ABC Tire Company reviewed the value of the project after a year and identified the following information:

Total # of Tires Sold - 27,669

Total Materials Cost - $533,450.00

Total Labor Cost - $397,555.00

Average Retail Price Per Tire - $122.13

Using the data provided above, calculate and fill in the following table (show all your work; completing the table without the calculations will result in no credit):

Materials Cost Per Tire

Labor Cost Per Tire

Average Profit Per Tire

% Increase or Decrease in Materials cost Per Tire

% Increase or Decrease in Labor cost Per Tire

% Increase or Decrease in Average Profit Per Tire

After the table is complete, address the following questions:

1. Why is it important to ensure that the baseline data is accurate?

2. Was the project successful? Why or why not?

Must be at least 4-5 pages, include reference page and in APA format.

Reference no: EM131304763

Questions Cloud

Draw the complete game tree for this game : Consider a game tree in which there are six marbles, and players 1 and 2 take turns picking from one to three marbles. The player who takes the last marble loses the game.
Review the stakeholder analysis you completed : Review the stakeholder analysis you completed in Topic 3 (see attached) to determine the key stakeholders that will make up the audience for this presentation.
How it will obtain the client ip address and port : Indicate how the server will copy the requestId from the request message into the reply message and how it will obtain the client IP address and port.
Corporate finance class : After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Schenkel Enterprises. Unfortunately, you will be the only person voting for you. Schenkel has 445,000 shares outsta..
Analyze suitability of the four implementation strategies : Analyze the suitability of the four implementation strategies discussed in your book to your project, determine the best one and describe how you would design the implementation for your specific process based on this strategy.
What values should he assign to cp and ch for his operations : He has heard of EOQ as a basis for setting the length of production runs.- What values should he assign to cp and cH for his operations?
Does the latter assumption simplify the implementation : In what way does the latter assumption simplify the implementation?
What required return must investors be demanding on stock : Storico Co. just paid a dividend of $1.45 per share. The company will increase its dividend by 24 percent next year and will then reduce its dividend growth rate by 6 percentage points per year until it reaches the industry average of 6 percent divid..
What values should he assign to cp and ch for his operations : He has heard of EOQ as a basis for setting the length of production runs.- What values should he assign to cp and cH for his operations?

Reviews

Write a Review

Business Management Questions & Answers

  Main facilitators and inhibitors of its ability

Will it be possible to sustain Sun without making fundamental changes in its design? What would you foresee to be the main facilitators and inhibitors of its ability to grow and be sustained?

  Servant leadership toolsdo you think managers have a

servant leadership toolsdo you think managers have a responsibility to use servant leadership tools and elements to get

  Maintain the same systems and policies everywhere

Wal-Mart operated stores in both the US and Mexico. While Wal-Mart would like to maintain the same systems and policies everywhere they operate, culture creates some differences.

  What constitute effective training practices

When is training justified?- What constitute effective training practices?-  How should learning and development events and programmes be planned?

  Explain description of managerial decision making

Description of Managerial Decision Making - Conduct an Internet and literature search on the topic of joint versus separate preference reversal.

  Contingency plans assignment with facilitator feedback

•Company background, organizational mission, vision, and value statements •Note. For a start-up, you should focus on the backgrounds and accomplishments of key anticipated management personnel. The goal is to convince the investor that these individu..

  Time consuming for hr practitioners

Pick a Human resource task or function that tends to be time consuming for HR practitioners. Discuss the pros and cons of automating that task or function. also consider both organizational and employee perspectives.

  Actions to change adverse environment decisions

Describe two actions you could take to try to change the decision. Explain the advantages and disadvantages of each.

  Explain how easy or difficult it may be for officers

Explain how easy or difficult it may be for officers also managers of organizations to stay in strict compliance with SEC rules. If you believe that it is easy

  Details there have been numerous problems uncovered within

details there have been numerous problems uncovered within the jones pediatric services department related to care

  Memo of recommendation to the management

Prepare a memo of recommendation to the management - Explain the work structures for organizational functions at the parent company location

  Illustrate what workers would be classified as direct labour

Illustrate what workers would be classified as direct labour. Illustrate what workers would be classified as indirect labour.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd