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1. Using the terms from this chapter, how would you characterize the teams at ICU Medical Inc.? What are some advantages and disadvantages of giving teams a lot of autonomy to make decisions? 2. Four contextual factors (adequate resources, leadership and structure, climate of trust, and performance evaluation and reward systems) influence team performance. Which of these appear to be present in the above case? If present, are they supportive or unsupportive? how? 3. If you were to compose a team that will be given decision-making responsibility to solve complex problems, what types of members would you select in terms of abilities and personalities? 4. What are some processes losses that are likely to occur in teams such as those at ICU Medical Inc? How can these processes losses be avoided?
Process Charts - Process Design The process flow chart is probably the most commonly used means of recording, and comes in several variants. Each of them uses some, or all, o
Consider the cutting stock problem that arises when a company manufactures sheets of standard width 100 and has commitments to supply 40 sections of width 40, 60 sections of width
1. The average lateness for one of the top airline companies is 10 minutes. The Standard Deviation of the lateness measure is calculated as 3. An airplane arrived 8.5 minutes after
Suggest some possible strategic initiatives that Sigma could pursue to continue its growth
The parts department of a large automobile dealership has a counter used exclusively for mechanics' requests for parts. The time between requests can be modelled by a negative expo
How would you measure customer profitability? What approach would you use in maximizing customer lifetime value? Explain
Madden Industries manufactures three models of a product in a single plant with two departments cutting and assembly. The company has estimated costs for each of the three product
Based on your analysis, select one of the five forces and explain how Bill can incorporate his analysis of that force into his Strategic Business Plan (SBP).
Strategic decision support Alignment of information technology and management goals in healthcare is essential. This alignment assumes that information technology experts be abl
Analyze the steps involved in developing a strategic plan for a company and determine which step is the most difficult to get right. Explain your rationale
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