Innovative Thinking in a Business: Measurement and Reward System Andrea Veldhuizen MGT/411: Innovation and Creative Business Thinking Instructor: Terry Norris Monday‚ September 8‚ 2014 Kudler Fine Foods Business Proposal Situation: You are a management team in a selected virtual organization. Your business is shifting its focus and has indicated innovation as a high priority. To integrate innovation into the culture of the company even further‚ an employee measurement and reward system is
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Kudler Foods Change Initiative Richard Hearn LDR/535 Dr. Gwendyl Spann April 20th‚ 2015 Kudler Foods Change Initiative Kudler Foods is in the process of a technical change. The company wants insight and feedback on how their employees will respond and potentially react to the change. They are looking for emotional responses and how the employee’s personal values and morals will affect the change and how much the resistance level to the change will hinder the entire change. Any unwanted behaviors
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Kudler Fine Foods Frequent Shopper Program Project Plan To inspire customer loyalty and respond to customer shopping preferences‚ the Sales and Marketing department of Kudler Fine Foods is initiating a Frequent Shopper Program to track customer purchase patterns and provide shopper incentives through a loyalty points program. (University of Phoenix [UoP]‚ 2007). Specialty items are more important to Kudler customers than the price of items‚ so instead of providing everyday discounts for purchase
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Internal Controls and Risk Evaluation Kudler Food’s internal control is designed to provide reasonable assurance in regards to the reliability of Kudler Food’s financial reporting. With proper internal controls Kudler Food’s strives for effectiveness and efficiency of all the company’s operations along with compliance with the laws and regulations that are applicable in the State of California. Kudler Food’s internal control consists of five components. The first component is the control
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The strengths of Kudler Foods merging with another organization would be growth as a company‚ diversification‚ availability to enter many new markets‚ and hopefully eliminate any competition. With the combination of these benefits from merging with another company Kudler Foods would then see a reduce in the cost of capital‚ an increase in supply which would then drive down prices and a much more sharpened business focus. With these strengths come a few weaknesses to a merger. A merger would definitely
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representation of the enterprise ’s purpose for existence (BRS Center for Business Planning‚ 2010). Kudler Fine Foods mission statement is to supply the finest assortment of their wines and foods with a knowledgeable support staff. Vision Kudler Fine Foods vision highlights their image for the future and their motivation. The gourmet grocery store’s vision is to sustain superior and quality foods‚ at competitive prices‚ with friendly service. Values Statements The values statement provides
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Alternative: Catering Implementation Plan Work Breakdown Structure Milestones/Deadlines Key Success Factors Cash Budget Cost of Food Staff Wages Forecasted Financials Risk Management and Contingency Plan‚ et al. Appendices Appendix A – Kudler’s Consolidated Income Statement Appendix B – Kudler’s Future Financial Growth Appendix C – Work Breakdown Structure Appendix D – Event Planning Gantt Chart Appendix E – Sample Menu – Inexpensive Appendix F – Labor Breakdown Appendix G – Catering Division Financial
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Risk Breakdown Structure ID RBS Element Definition 1.0 1.1 1.1.1 1.1.2 Internal Business Partner Business Sponsorship Business Department Staffing Business Processes Corporate department with the business problem to be solved or business function to be supported. Business case‚ support from business department‚ executive involvement‚ degree of active involvement by business sponsor. Business analysts reporting within business department‚ how dedicated or fragmented business department reps
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basic steps to design and use the Work Breakdown Structure? The following seven steps explain the design and use of the Work Breakdown Structure. Step 1: A list of the task breakdown in successively finer levels of detail is created using information from the action plan. This process is continued until all meaningful tasks or work packages have been identified and controlled. Step 2: Data relevant to the Work Breakdown Structure is identified for each such work package.The personnel and organizations
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process and Kudler will be able to make alterations to the process more quickly than if audits were handled manually. Another recommendation by this firm would be the installation of continuous audit software that would continually monitor the data being input into the system. This would increase the effectiveness of auditing the stores. With the continuous audit software‚ Kudler would be able to follow-up on any abnormalities earlier as this software runs automatically. This would assist Kudler in handling
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