John is the newly appointed managing director of a firm.

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John is the newly appointed managing director of a firm. During the first week, he is given a clear idea on his key roles in a team based organization. During the second week, he is asked to develop an action plan on the steps he would take using the resources available to him. Give at least five options that John has in this regard.

Sample Solution

John can use the following resources to develop an action plan:

  1. Existing company documents: This includes the company’s mission statement, vision, values, strategy, policies, and procedures. These documents will provide John with a clear understanding of the company’s goals and objectives.
  2. Company data: This includes financial data, customer data, employee data, and market data. This data will help John to identify areas where the company can improve and develop a plan to address these areas.
  3. Team members: John can talk to his team members to get their ideas and feedback on the company’s direction. This will help him to develop a plan that is supported by the team.
  4. External experts: John can consult with external experts, such as consultants or industry experts, to get their advice on how to develop an action plan.
  5. Company resources: This includes the company’s financial resources, human resources, and technological resources. John will need to consider these resources when developing his action plan to ensure that it is feasible and achievable.

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