Managing Business Operations Case Analysis: Blanchard Importing and Distributing Co. Inc. (HBS Case 9 - 673 - 033) Submitted by: Tushar Kothavale (130) NMIMS‚ FT MBA 2009-2011 1) Correct the Economic Order Quantity (EOQ) and Reorder point (ROP) quantities for each of the five items mentioned in the case. We first predict the annual demand for the year 1972 based on trend for 4 months of 1972 based on corresponding months of 1971. Calculations for Annual demand (R): The assumption made
Premium Economic order quantity Inventory Cost accounting
Situational Leadership and Follower Readiness as Demonstrated by a Staples‚ Inc. Executive Abstract This paper explores the path of Jeanne Lewis‚ a rising executive at Staples‚ Inc. in the 90’s. Hersey‚ Blanchard and Johnson’s (2008) Situational Leadership Model is examined to explain the leadership style applied by Lewis in relation to the follower readiness levels she encountered. The 4 levels of follower readiness and the 4 leadership styles will be explained‚ and the levels of follower
Premium Leadership Situational leadership theory
views on leadership. A strong leadership point of view is (a) reality based‚ (b) memorable‚ (c) needs disciples‚ (d) spreads through visible actions‚ and (e) requires a persistent focus on part of the leader (“Executive Coach‚” 2010). K. Blanchard‚ M. Blanchard‚ and Zigarmi (2010)‚ in their leadership point of view discussion‚ determined that the leadership point of view is guided by eight questions: 1. Who are the influencers (key people) in your life who have had a positive impact on your life
Premium Leadership Electrical engineering Electronic engineering
focused on the greater good” (Blanchard‚ 2010‚ p. 261). For example‚ educators are visionaries who help attain goals‚ instill value‚ and develop potential leaders. Educators assist in strengthening and developing the mind and body‚ so individuals can apply their talents and become great servant leaders in the areas of healing‚ educating‚ and inspiring. Around two thousand years ago‚ Jesus‚ an educator‚ exemplified the fully committed and effective servant leader (Blanchard‚ 2010‚ p261). John C. Maxwell
Premium Leadership Situational leadership theory Management
Situational Leadership Model 2008] Retrieved from http://www.keithcarrington.com/leadership.html Harvard Business School (2002). Organizational behavior cases: Jeanne Lewis at Staples‚ Inc. (A) (Abridged). The McGraw Hill Companies Hersey‚ Paul‚ Blanchard‚ Kenneth H.‚ & Johnson‚ Dewey E. (2001). Management of organizational behavior: Leading human resources (5th ed.). New Jersey: Pearson Education Tannenbaum‚ A. S.‚ & Schmitt‚ W. H. (1958). How to choose a leadership pattern. Harvard Business Review
Premium Leadership Situational leadership theory Management
Question 1 - Contrast the significance of the term lead time in the traditional EOQ context and in an MRP system. In the traditional context‚ lead time is fixed—either as a discrete time or as a probability distribution. Such lead time constancy or variation is outside of the inventory model. Lead time in an MRP system is assumed to be a variable. While specific lead times are stated for planning purposes‚ these times may be speeded up or delayed as conditions warrant. Indeed‚ it is this ability
Premium Safety stock Economic order quantity Inventory
“Because we often think of bias as a function of overt acts of bigotry‚ we can sometimes remain blind to the invisible structures‚ systems‚ and behaviors that bestow and reinforce that power and privilege on a daily basis” (Ross‚ 2014‚ pg. 92‚ para. 2). When I first began my graduate work at GSSW‚ I would have defended my belief that I was un-biased. I would have proudly provided reasons why I was not biased‚ and I would relish in examples of how my lack of bias and ability to set aside my values
Premium Leadership Bias Sociology
reality‚ we usually use many stock control models such as the Economic Order Quantity model (EOQ) and Just-In-Time model (JIT). Efficiency gains in inventory management can bring significant improvement to overall company financial performance. In this report‚ rationale of the two models‚ effectiveness of the two models in practice‚ and use JIT system in McDonald company will be presented. Our conclusion that EOQ and JIT models like most management accounting techniques‚ are not a universal panacea and
Premium Economic order quantity Inventory
Paul heresy and ken Blanchard have developed a leadership theory that has gained a strong following among management development specialists. This model called situational leadership theory. It is a contingency theory that focuses on followers’ readiness/development level of follower and leader behavior/leadership styles‚ it created by Hersey and Blanchard (see Exhibits 1.1 or 1.2). These two approaches concern for production and concern for people‚ together show that there is no best style of leadership
Premium Leadership Situational leadership theory
Barilla Case Study Term Project Part 2 Q1. What problem was JITD trying to solve? Ans1. The JITD program was trying to meet the extreme variation in demand with which was straining Barilla’s manufacturing and logistics operations. For example‚ some of the products required extreme heat and when the demand would suddenly increase‚ the production could not keep up with the demand. On the other hand holding large quantities of goods to meet the distributers’ requirements was resulting in very high
Premium Inventory Manufacturing