Assessment of existing operating mechanisms

Assignment Help Corporate Finance
Reference no: EM1346647

As a leader, your job is to define the operating mechanisms for your organization, use them to align the teachable point of view (TPOV), and create positive emotional energy. While you may not be in a top leadership role, you can still make the most of the operating mechanisms you have and create new ones.

Before creating or changing the operating mechanisms, you need an assessment of what you already have. In this week, you will evaluate the current operating mechanisms and develop a vision for making the necessary changes to them. You will also develop a plan for implementing the new operating mechanisms, including a calendar with implementation dates. Complete the following tasks:

I. Using the scale given below, determine the effectiveness of the following existing operating mechanisms:
Strategy
Budget and finance
Resource allocation
People or succession
Planning

Rating Explanation
1 = Highly ineffective Contradicts the TPOV and creates a vicious nonteaching cycle
2 = Somewhat effective Moderate reinforcement of the TPOV and generates two-way teaching
3 = Highly effective Consistent with the TPOVâ?"everyone teaches and learns

II. Based on your assessment of the existing operating mechanisms, define your vision for changes to the existing mechanisms (operating mechanism, strategy, budget and finance, resource allocation, people or succession, and planning). Identify and collate the changes you want to make.

III. Develop a plan for implementing the new or revised operating mechanisms. After you have considered how to leverage your operating mechanisms, you must plan for implementation and ensure all pieces fit together:
Analyze the new operating mechanisms and describe how each of them supports the organization's mission.
Analyze and describe how each operating mechanism supports the other operating mechanism.
Build a calendar to plot your operating mechanisms to create a self-reinforcing system.

Reference no: EM1346647

Questions Cloud

Explain why is literate business communication important : Explain why is literate business communication important and how is this document a good example of literate business communication
How much internal energy can be generated : A light spring with a spring constant of 80.0 N/m rests vertically on a table. A 2g balloon is filled with helium (0°C and 1 atm pressure) to a volume of 5.00 m3 and connected to spring, causing the spring to stretch and expand. How much does the ..
What must be the main objectives of a marketing department : Develop a well thought out essay where you take a position as well as then offer convincing logical support for that position. What must be the main objective(s) of a marketing department within any organization
What are some of the standard communication styles : Explain what are some of the standard communication styles used in your place of business and how do these styles help or create communication barriers?
Assessment of existing operating mechanisms : Suppose as a leader, your job is to discuss operating mechanisms for your management, use them to align teachable point of view, & develop positive emotional energy.
What is the minimum probability of performing : If the system is to have a .92 likelihood of performing, what is the minimum probability of performing desirable by each of the individual components?
What is the magnitude of charge on each sphere : Two small metallic spheres, each of mass 0.20g, are suspended as pendulums by light strings from a common point.
Question related to business communication trends : Question related to Business Communication Trends - Explain current trends in business communication
A third party recipient contract : Tristan assurances to paint Katy's house in exchange for Lila's promise to plant trees on Tristan's property

Reviews

Write a Review

Corporate Finance Questions & Answers

  Illegitimate political behavior

Suppose you are sales manager of specific territory in Missouri for a corporation that manufactures highly specialized electrical piece.

  Find the current ratio and quick ratio

I am not understanding how to obtain the OCF. I know that you have to add the depreciation costs and subtract the tax, but I am very confused.

  Find the expected market price after repurchase

Multiple choice questions on Market price and Stocks - Find the expected market price after repurchase?

  Calculate the variance and standard deviation

A game of chance offers following odds and payoffs. Every play of the game costs $100, so net profit per play is the payoff less $100. Probability .10, .50 and .40.

  Determine the expected earnings per share

Determine the expected Earnings Per Share - Morton Industries is considering opening a new subsidiary in Boston, to b operated as a separate company

  Find net unrealized loss

Sun Corporation had investments in marketable equity securities costing 650,000 on June 30, year 2. Sun Corporation decided to hold the investments indefinitely and accordingly reclassified.

  Compute current stock price

Otobai Motor Corporation is currently paying a dividend of $1.40 each year. The dividends are expected to grow at a rate of 18% for next 3-years and then a constant rate of 5 percent thereafter forever.

  Maintaining required debt or equity ratio

Red Company had a temporary fund squeeze near its balance sheet information. It required cash badly for a seasonal dip in sales.

  Discuss the impediments to the success of transaction

An investor notices that an ounce of gold is priced at dollar 318 in London and dollar 325 in New York. Discuss what action could investor take to try to profit from the price discrepancy?

  Planning for risk management

Organization must balance performance aims & associated risks. By having a plan, Organization can be better prepared for dealing with risks when they occur.

  Show how an increase in your companys accounts payable

Show how an increase in your company's accounts payable from one period to the next is a means to maintain high cash balances in your company's bank account.

  Find the beta of the portfolio

Multiple choice questions on funds and interests and what is the expected rate of return and find the beta of the portfolio?

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