Analysis of a successful company and was impressed with your work

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The general manager reviewed your analysis of a successful company and was impressed with your work. As a result, you have been asked to provide recommendations for a management improvement plan for a struggling company.

For Final Project Two, you will focus on a struggling company and make your recommendations in a management improvement plan. Be sure to focus on the company at the time of their struggle. Your recommendations will show how management performance, employee perception, and organizational success intersect.

You must select a company from the list of suggested companies provided in the Final Project Two Unsuccessful Companies and Search Terms document. Search terms are provided. These search terms will help you conduct research to learn more about the struggle of your chosen company.

Specifically, the following rubric criteria must be addressed:

Profile of a Struggling Company
Assess how the management planning practices interfere with or prohibit the organization’s ability to optimally function. Use the fundamental principles of management in your explanation.
Describe how the employees’ perception and organizational culture have been impacted by management’s performance. Consider the connections between management and its impact on culture.
Explain how communication has played a part in management’s inability to increase employee performance. Consider the connections to specific communication barriers that exist within the organization.
Management Plan Recommendations: For this section of the summative assessment, you will make recommendations for the management improvement plan.
Describe how implementing the fundamental principles of management will help to improve the management process within the company. Consider the factors that interfere with or prohibit effective management.
Identify how aspects of the fundamental principles of management will be implemented and communicated to all personnel within the company. Consider this from a training standpoint.
Describe how the application of the fundamental principles of management will lead to increased employee performance. Consider what needs to be improved the most to help increase employee performance.
Explain how applying ethical principles to the fundamental principles of management would be sustained and monitored by the company. Consider using the rational decision-making model to show how this process can help ensure long-term success.

Sample Solution

I understand you need a plan to address the struggles of a specific company. To do that effectively, I’ll need some additional information. Please select a company from the provided list of “Final Project Two Unsuccessful Companies and Search Terms.” Once you provide that information, I can create a plan specific to their situation.

However, I can provide a general framework for a management improvement plan that you can adapt to the chosen company:

  1. Profile of a Struggling Company
  • Briefly describe the chosen company and its current struggles. Utilize the provided search terms to research their specific challenges.
  • Analyze how current management planning practices fall short. Identify areas where principles like planning, organizing, staffing, directing, controlling, and coordination are lacking. Explain how these deficiencies hinder the organization’s optimal functioning.
  1. Impact on Employees and Culture
  • Discuss how employee perception and company culture have been negatively affected by management’s performance.
  • Consider how a lack of clear direction, communication, or recognition can lead to disengagement, low morale, and a decline in company culture.
  1. Communication and Employee Performance
  • Explain how communication breakdowns have contributed to management’s inability to improve employee performance.
  • Identify specific communication barriers present, such as lack of transparency, top-down communication style, or unclear expectations.
  1. Management Improvement Plan Recommendations
  • Revisit the Fundamental Principles of Management:Explain how effectively implementing principles like planning, organizing, staffing, directing, controlling, and coordinating can improve the management process.
  • Training and Communication:Describe how these principles will be implemented and communicated to employees through training programs. Emphasize clear communication channels, open feedback loops, and goal-oriented approaches.
  • Boosting Employee Performance:Explain how applying these principles will lead to increased employee performance. Focus on areas that need the most improvement, such as setting clear expectations, providing regular feedback, and offering opportunities for growth and development.
  • Ethical Considerations:Explain how the company will ensure ethical application of these principles. Utilize the rational decision-making model to outline a process for evaluating future decisions and ensuring long-term success that considers not just profits, but also employee well-being and social responsibility.

Remember, this is a general framework. Once you provide the specific struggling company, I can tailor these sections with their unique challenges and search terms to create a more focused and impactful management improvement plan.

 

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