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Projectwork

MGT211
Summer2014

This particular project work will consider reflection of your overall understanding in this course
MGT211.Onthisregard,youarerequiredtoformavirtualorganizationandreflectyourunderstanding
aroundthistopicandapproachitinagroup.

Section1:

Atthisstage,youarerequiredtoformanorganization.Youarefreetoimageanysortoforganization
profit/notforprofitprovideditisanethicalventure.Youhave$10,000asstartupcapitalandtorunthe
businessforfirstyear.
Natureofbusiness
Customerandcompetitors
Otherstakeholders
Measuringefficiencyandeffectiveness
Skillsrequirementatdifferentstages
Environmentalfactorsincludingglobalizationthatwillaffectyourbusiness

Section2:

Asyouhavealreadystartedyourbusiness,nowyoufacingmorecompetitioninthemarket.Manynew
entrantsareofferingthesimilarproductwithlowpriceandasaresultyouarelosingmarketshareand
revenueshare.Furthermore,recentlyyoufoundthatyourservicelevelisalsodegradingandasaresult
receivingcustomercomplaints.
SpecificRequirements:
Canyousuggestrelevantgrowthstrategiestosuccessfulmanagethissituation.
Suggestanacceptabledecisionbasedonthissituationaftertakingintoconsiderationofrational
decisionmakingmodels.

Section3:

Atthisstageyouarerequiredtocomeupwithfollowingthings:
Identifyanddetailthevaluechainofyourorganizationwiththefollowings:
o DivisionofWork
o Departmentalization
o Hierarchy
o Coordination
Suggestanappropriateorganogramconsideringthetypeandnatureofyourorganization.
Suggestfewoftheresponsibilitiesandaccountabilitiesofdifferentpositions.

Section4:

Recentlyyouidentifiedthatfewofyouremployeesarenotshowinguponaregularintervalandcausing
theproductivitydamage.Atthisstageyouarerequiredtocomeupwithfollowingthings:

Identifyandsuggestthemotivationaldrivesofyouremployees.
Developamotivationalprogramforyouremployees.

Section5:

Attheendoffirstyearofyourventure,youwanttomeasureyourperformance.Suggestfewareasthat
youwanttomeasureaddressingfewofthemostcriticalperformanceindicators.

Evaluationoftheproject:

Writtenwork:10marks
Properlyaddressingthesituation:1
Effectiveuseoftools:2
MethodologyandPresentation:2
Oralpresentation:10marks
Total15marks

Deadlines:

Activities
Collectallnecessaryinformation
Sharedraft
Finalreport

Deadline
July03,2014
July24,2014
August07,2014

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