Assignment 3: Vice President of Operations‚ Part 3 Due Week 9 and worth 320 points Using the same scenario from Assignment 1‚ present the following findings to your Chief Executive Officer. Create a presentation in a common format (PowerPoint or a similar program) with a minimum of twenty (20) slides and corresponding speaker notes in which you: 1. Determine which statistical technique you will employ to measure the quality characteristics of your organization. Provide examples to support
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investigated under two different approaches on corporate value maximization: Shareholder Approach and Stakeholder Approach. So‚ firstly both approaches are defined briefly. Secondly‚ compare and contrast of shareholder and stakeholder approaches is made. Keywords: Purpose‚ Corporation‚ Value Maximization‚ Shareholder Approach‚ Stakeholder Approach. Shareholder Approach on Value Maximization: Shareholder approach on value maximization focuses the corporation’s purpose on maximizing
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Avoiding the Alignment Trap in Information Technology 1 About the Case • Article in “MIT Sloan Management Review” • Article is prepared based on survey of more than 500 senior • • business & technology executives and in-depth interview of 30 CIOs. The principle findings of the study is that even at companies that were focused on alignment‚ business performance dependent on IT sometimes went sideways‚ or even declined. Article talks about two primary factors for success in IT: • • Alignment between
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Synopsis Martin Straight Compressors (MSC) is a manufacturing company located out of Toledo‚ Ohio. Martin Straight Compressors employ 4600 people worldwide. MCS’s Chatham location is a small Canadian company that focuses on manufacturing compressors for heavy industries. Chatham employees approximately 70 salaried and 50 hourly employees. Beginning in 1999‚ Martin Straight Compressors Chatham had begun facing numerous compensation issues and conflicts. Some of the issues included: Having
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Stakeholders Carrefour Group Employees as stakeholders: Carrefour is planning to become distinction from others in terms of human resources management and social responsibility in all the countries where it operates. Attracting‚ training‚ supporting and retaining loyalty while remaining open to people from a diverse range of backgrounds. The group do its best to ensure that all employees fulfill their potential and perform to the best of their abilities. Carrefour recruits 90% of its
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CASE STUDY: AVOIDING THE ALIGNMENT TRAP IN INFORMATION TECHNOLOGY Executive Summary An alarming pattern has surfaced in that many companies are concentrating on alignment and are finding that their performance is either declining or moving sideways. Companies are focusing on the wrong solutions with respect to their Information Technology problems‚ resulting in severe bottlenecks to growth. Companies need to learn how to break out of the trap and build IT organizations that allow for growth
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there are several stakeholders that have conflicting vision as to healthcare administration. Looking at the few key stakeholders‚ it is comprised of Patients‚ Physicians‚ Hospitals‚ and Payors. Each of the respective groups have different view points on how healthcare administration is judged to be a successful delivery. Exploring each stakeholder’s view of healthcare will provide us with a better understanding of their goals. Understanding the vision of each stakeholders in healthcare allow
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THE ROLE AND IMPORTANCE OF STAKEHOLDERS IN PRODUCT DEVELOPMENT Patrik Nilsson and Björn Fagerström Engineering and Industrial Design Product and Production Development Chalmers University of Technology SE-412 96 Göteborg‚ Sweden Abstract: Today‚ product development is a complex process: the designer continuously needs to consider new demands from different stakeholders and analyse how these demands can be fulfilled. Gathering and sharing stakeholder information is important‚ but is only beneficial
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Stakeholder We have identified nine groups of stakeholders who are either most affected by our product or who most affect our product. These are employees‚ consumers‚ customers‚ shareowners‚ government and regulatory authorities‚ non-government organizations‚ local communities and civic societies‚ and suppliers‚ including Coca-Cola AMATIL. We aim to keep these groups informed about our product and to have constructive discussions with them on issues of common concern. Through direct engagement
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A stakeholder is a person‚ group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization’s actions‚ objectives and policies. Some examples of key stakeholders are creditors‚ directors‚ employees‚ government (and its agencies)‚ owners (shareholders)‚ suppliers‚ unions‚ and the community from which the business draws its resources. Not all stakeholders are equal. A company’s customers are entitled to fair trading practices
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