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Case Study 14 Como Tool & Die (B)
Ademola Folarin
Xiakun Yuan
Kaila Wiebe
08/03/2023
Synopsis
Como had achieved partial success in implementing project management. although they had
recorded progress on all the parameters set by Ford, however, the improvement recorded fell
short of the targets set by Ford. This did not please Cumo customers as the project
management system of the company was considered to be relatively immature and slow. Cumo
had the plan to achieve the targets in 36 months, however, uncertainty existed as to whether the
customers would be inclined to wait for that long.
Ford announced to its suppliers (including Como) that it was creating a Chunk management
system. in this system, the company which is the chunk manager would be responsible for all
the components within the portion of the car. With the level of development of the project
management system in Como, the chances of being offered the role of chunk manager with
Ford was slim. Although Como could survive as a low-level supplier by manufacturing parts for
the Chunk manager, however, the risk exists that the chunk manager could begin manufacturing
these parts themselves which would put Como out of business.
The alternative to this was for Como to signify interest in being a chunk manager however if this
was granted, the risk existed that it would put extreme pressure on the company as it would
have to achieve its project management goals in half the time (18 months) originally slated and
failure to meet up may lead to losing the contract and the business going aground.
Lessons Learned
What Went Well Areas for Actions
development
Como Tool and Die Como Tool and Die - Implementing a more rigorous project
had achieved some had not yet achieved management methodology that
success in the target reductions in emphasizes better coordination,
implementing project lead times and internal concurrent engineering, and
management before resources, indicating decentralized decision-making.
the announcement of that there was room
- Investing in new technology and
chunk management for improvement in
training to improve efficiency and
by Ford Motor their project
productivity.
Company. They had management
reduced lead times by processes. - Streamlining internal processes to
10 percent, internal eliminate waste and increase
resources by 5 throughput.
percent, and prototype - Improving communication and
time and cost by 15 collaboration with suppliers and
percent. customers to facilitate faster decision-
making and problem-solving.
- Conducting regular reviews and
assessments of project management
performance to identify areas for
improvement and take corrective
actions.
Como had a clear Como was struggling - Review and revise its project
understanding of the to meet the management methodology to ensure it
steps required to expectations of its is aligned with industry best practices
achieve excellence in automotive customers, and can effectively manage complex
project management who were not satisfied projects.
and had already taken with the slow progress
measures to and relatively
implement them, immature performance - Increase its investment in training and
including the of Como's project development of project managers and
decentralization of the management system. team members to enhance their skills
organization, the and knowledge.
integration of
concurrent
engineering practices, - Implement a more robust project
and the adoption of monitoring and reporting system to
proactive planning and provide real-time visibility into project
decision-making. progress, identify issues, and take
corrective action as needed.
Audrey Hepburn
This quote pertains to the case because Como is caught between taking a leap of faith and trying to
achieve what is beyond its current capabilities. while the reward for doing this is the sustained
growth of the company, the risk of failure is the speed of change in the company. To achieve what is
required Como must take the mindset that nothing is Impossible!