Professional Documents
Culture Documents
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