Management Principles
Autor: Diane Grace Carumay • August 29, 2015 • Case Study • 262 Words (2 Pages) • 1,074 Views
Management Principles - Group 4
Austria, Mark Anthony H.
Carumay, Diane Grace A.
Baniel, Shana Marie P.
Camerino, Felix
Accel Motors
- Statement of the problem
How can the company resume and meet the production quota while satisfying the needs of the employees?
- Objectives
1. Resume production
2. Meet the production quota of the company
3. Set up standardized policies regarding managing employees
4. Improve employer- employee relationship
- Assumptions/Areas of consideration (Company’s perspective)
STRENGTHS | WEAKNESSES | OPPORTUNITIES | THREATS |
-high demand for automotive supplies -the company has a lot of possible areas to improve on such as process initiatives, change of culture etc. | -No risk management plans in place -The company is too -No business continuity/ contingency plan - | - To consider automating processes that requires lesser human labor -To create new sets of policies and standards | -Union -Not tenure supervisor -Increase in competition in automotive industry -easy access to electric power area |
- Alternative Courses of Action
- To immediately hold a discussion between the heads of the Union and Management to find a common ground to address all involving issues of the employees; with the end goal of having the operation back to normal.
- To develop a long term business continuity plan
- Change of culture and management style through trainings
- Recommendation/Justification
- Provide incentive/reward to encourage hard work
- Give the employees an avenue to raise their concerns
- Develop policies concerning benefits and rights of the employees
- Strengthen the existing standards of the company
- Action Plan
- Conduct training needs analysis; review Return of Investments at the end of the trainings
- Develop management evaluation structure
- Conduct business analysis on automating procedures and processes improvement
- Create risk management group to ensure continuity of production within the company
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