Reference no: EM132307215 , Length: word count:2400
Assignment -
Read the attached case study. Write a business report to the four Directors of OZAlpha, on planning, organising, leading and controlling this expansion of the business, choosing one of the team structure options. Findings are to be based on research and industry best practice with in-text referencing included.
Your business report to the Board of Directors of OzAlpha should have the following format and content:
EXECUTIVE SUMMARY - Summarise the importance of planning, organising, leading and controlling change and principal recommendations. Overview the scenario.
TABLE OF CONTENTS -
PART A DIVISIONAL STRUCTURE - Advantages and disadvantages of virtual and self-managed work teams - Recommend a preferred structure for the Regional Division based on academic research
PART B PLANNING, ORGANISING, LEADING AND CONTROLLING - Based on your recommendation for either a virtual or self-managed team, prepare recommendations for the directors of OzAlpha for the management of the Regional Division.
1. PLANNING
1.1 Regional Division goals - Write two long-term and three short-term goals for the operational and people aspects of the team.
1.2 Environmental scan - Prepare a PESTLE analysis researching the forces and conditions that could affect the financial services industry in Australia.
1.3 Operations / dividsional management - Identify strategies for building the effectiveness and cohesion of the Regional Division, aligned with your recommended preferred structure.
2. ORGANISING
2.1 Divisional structure/design - Based on research, recommend the structure and design of the Regional Division staff in terms of:
- Specialisation: How will you divide up tasks? Specialists or generalists?
- Centralisation: At what level will decisions be made?
- Formalisation: What style of team will it be - to what extent will you be guided by rules, policies and procedures?
- Structure: Is the new division mechanistic or organic?
3. LEADING
3.1 Leadership style - Recommend and justify a leadership style best suited for the Regional Division.
3.2 Reward, recognition and motivation - Recommend and justify reward and recognition strategies for Regional Division staff. - Identify strategies for motivating the staff, supported by motivation theories.
3.3 Communication - How important are communication and interpersonal skills for managers (discuss) and identify strategies for management communication to and from the Regional Division staff - Recommend processes to facilitate consultation and negotiation between management (directors and top managers in Head Office) and Regional Division - Recommend a process to include diversity in the Regional Division
4. CONTROLLING
What is the importance of the control function in Regional Division? What aspects of operations should be controlled and measure? How frequently should this be done?
5. REFERENCES
Attachment:- Assignment File.rar