Invincibility Systems
Running Header: INVINCIBILITY SYSTEMS
Invincibility Systems
Eric Newton, Jessica Newton, and Melanie Stancil
Southern Wesleyan University
MBAM 5123: Fundamentals of Executive Management
Group Assignment 2
July 23, 2013
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INVINCIBILITY SYSTEMS
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Invincibility Systems
Invincibility Systems (IS) is a cutting edge aerospace and defense equipment company that employs 17,000 people. The stakeholders in the company are all the past, present, and future employees, board members, customers, vendors, suppliers, competitors, citizens, and potential adversaries. Board members make decisions about the company and its leaders. The customers are most likely the United States government or government affiliates. The suppliers and vendors are the companies or individuals who sell materials, goods, or services to IS. The competitors are any company that sells similar products. The citizens are the people who indirectly pay for the products through tax dollars and receive the benefit of the use of the products for protection. And finally, the potential adversaries are those individuals and/or governments who are effected by the use of the products.
Hiring good employees is important to IS. Since they were concerned about their high training costs and employee turnover, the company felt the need to hire a statistician and a
Human Resource’s Planner to collect and analyze data to help predict human resource needs and to improve recruiting. They used a statistical method called regression analysis to make their recruiting efforts more efficient. Once IS was able to gather data from the regression analysis, they were able to determine that the young and single demographic was difficult to retain within their organization. IS discovered this trend and was faced with the decision of either focusing on training and development, or steering away from hiring individuals in that demographic all together. The problem is that the process could be
Invincibility Systems
Eric Newton, Jessica Newton, and Melanie Stancil
Southern Wesleyan University
MBAM 5123: Fundamentals of Executive Management
Group Assignment 2
July 23, 2013
1
INVINCIBILITY SYSTEMS
2
Invincibility Systems
Invincibility Systems (IS) is a cutting edge aerospace and defense equipment company that employs 17,000 people. The stakeholders in the company are all the past, present, and future employees, board members, customers, vendors, suppliers, competitors, citizens, and potential adversaries. Board members make decisions about the company and its leaders. The customers are most likely the United States government or government affiliates. The suppliers and vendors are the companies or individuals who sell materials, goods, or services to IS. The competitors are any company that sells similar products. The citizens are the people who indirectly pay for the products through tax dollars and receive the benefit of the use of the products for protection. And finally, the potential adversaries are those individuals and/or governments who are effected by the use of the products.
Hiring good employees is important to IS. Since they were concerned about their high training costs and employee turnover, the company felt the need to hire a statistician and a
Human Resource’s Planner to collect and analyze data to help predict human resource needs and to improve recruiting. They used a statistical method called regression analysis to make their recruiting efforts more efficient. Once IS was able to gather data from the regression analysis, they were able to determine that the young and single demographic was difficult to retain within their organization. IS discovered this trend and was faced with the decision of either focusing on training and development, or steering away from hiring individuals in that demographic all together. The problem is that the process could be
References: Bateman, T.S. & Snell, S.A. (2011). Managements: Leading and collaborating in a competitive world, (10th edition)