Explain the background, history and context from which Lewin’s Change Management Model was developed including the founder; explain the component parts of the theory. Then discuss how the model could or should be changed or enhanced.
Prior to completing this assignment, review your prior research and course submissions related to the company you selected for research in Week 2’s Environmental Scanning interactive assignment. Ensure that you have incorporated the feedback you received from your previous submissions. In your Final Project this week, you will pull the various elements you’ve created together to aid your creation of a Strategic Plan. From the perspective of an executive with the firm, your supervisor has tasked you with creating a strategic plan to grow the business over the next three years using this Strategic Plan Template Download Strategic Plan Template and here is an Example Strategic Plan Download Example Strategic Plan using the template. Continue to access the Mergent University of Arizona Global Campus Library online database which offers company financials, descriptions, history, property, subsidiaries, officers, and directors and the Business Insights database. (View the Getting Started With Mergent Download Getting Started With Mergent and Business Insights: Global (https://content.bridgepointeducation.com/curriculum/file/ccb941a4-7194-4cef-a8c8-4d5902c052d8/1/Business%20Insights%20Global%20Tipsheet%20Final.pdf) documents for suggested methods of searching University of Arizona Global Campus Library databases generally as well as specific advice for searching these two databases).
Your strategic plan must be future-oriented and must
Describe the company, the company’s history and its 4Ps (Product, Price, Place, and Promotion).
Examine the company’s mission statement and assess its impact on the organization’s activities.
Explain the current situation of the organization in the market (industry, market, and general environment analysis).
Add your SWOT analysis (strengths, weaknesses, opportunities, and threats) of your chosen company here. Evaluate areas that offer opportunities for
Choose three or four areas from your SWOT analysis and assess why the areas you have chosen are essential to your strategic plan
Summarize the results of your Environmental Scan and Porter’s 5 Forces.
Evaluate the degree to which they aid in conceptualizing the company’s competitive position in its marketplace.
Assess the company’s international performance in light of Cultural Barriers, Monetary Exchange Rates, and Political Instability.
Assess the financial performance and condition of the
Operational budget: Research and assess the company’s operational budget.
Assess the performance in terms of key performance indicators.
In your analysis, be sure to include profitability ratios relevant to your analysis.
Debt to Equity ratio
Debt to Assets ratio
Based on the data, evaluate the overall current financial condition of the company.
Support your analysis by referring to the company data
Create a three year end trend analysis
Assess how your Operational Budget analysis affects your three-year strategic plan.
Recommend an organizational structure in terms of the organizational design as defined in Abraham (2012) section 2.6.
Assess the impact of the strategic plan on the organizational culture.
Strategic Goals: Create measurable core strategic goals for each of the three to four areas addressed from the SWOT analysis, addressing any contingencies associated with the strategies you are recommending and prioritizing them according to ease of achievement and time to completion.
Recommend marketing positions and opportunities for growth in your strategic plan
Add specific language to the strategic plan that addresses the company’s Corporate Social Responsibility
Explain your plan to measure the success of your strategic plan
Submit the Strategic Plan to the instructor.
The Final Paper
Must be 10 to 12 double-spaced pages in length (excluding title and reference pages), and formatted according to APA style as outlined in the University of Arizona Global Campus Writing Center’s APA Style (Links to an external site.) resource.
Must include a title page with the following:
Title of paper
Course name and number
Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
For assistance on writing Introductions & Conclusions (Links to an external site.) as well as Writing a Thesis Statement (Links to an external site.), refer to the University of Arizona Global Campus Writing Center resources.
Must use at least five scholarly and/or credible resources (including a minimum of three from the University of Arizona Global Campus Library) other than the textbook.
The Scholarly, Peer-Reviewed, and Other Credible Sources (Links to an external site.) table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment.
Must document any information used from sources in APA style as outlined in the University of Arizona Global Campus Writing Center’s Citing Within Your Paper (Links to an external site.) guide.
(Links to an external site.)Must include a separate references page that is formatted according to APA style as outlined in the University of Arizona Global Campus Writing Center. See the Formatting Your References List (Links to an external site.) resource in the University of Arizona Global Campus Writing Center for specifications.
Carefully review the Grading Rubric (Links to an external site.) for the criteria that will be used to evaluate your assignment.
For this assignment, thoroughly review the background materials on the Vroom-Yetton* decision-making style model. This involves answering seven questions relating to a decision and using the results from the model to determine your decision-making style. Make sure you understand the model, including the seven questions and the path diagram that you follow in order to find the preferred leadership style. The Vroom-Yetton model allows you to choose between different levels of autocratic, consulting, or group decision-making styles.
Vroom, V. (1976). Can leaders learn to lead? Organizational Dynamics, 4(3), 17-28. [Military & Government database]
After you have reviewed the required background materials including Vroom (1976) and Rigolosi (2005), do some research on Sprint’s decision whether or not to purchase T-Mobile and think about what kind of answers you would give to the seven questions involved in the Vroom-Yetton model. Here are some articles on the rumored Sprint/T-Mobile merger to get you started:
Gelles, D., & De La Merced, M. J. (2014, Jun 05). T-Mobile and Sprint zeroing in on merger. New York Times [ProQuest]
Yao, D. (2014). Moody’s: Sprint/T-Mobile merger faces negative free cash flow until at least 2018. SNL Kagan Media & Communications Report [ProQuest]
De La Merced, M. (2014, Aug 07). Sprint ends its attempt to purchase T-Mobile. International New York Times [ProQuest]
Once you have finished your research on the Vroom-Yetton model and on the merger, write a 4- to 5-page paper addressing the following issues:
Imagine you are Masayoshi Son and have to decide on which decision-making style to use. Go through the seven questions from the Vroom-Yetton model and give your answers based on what you think the main issues are in the decision of whether or not to purchase T-Mobile. Explain your reasoning behind each answer
Go through the diagram in the Vroom-Yetton model and, based on your answers to the seven questions from Question 1, see what kind of decision-making style is recommended for Masayoshi Son. Use the diagram (Figure 6.2) on page 118 of Rigolosi (2005). Are you surprised by this answer? Is it the kind of decision-making style you would personally recommend based on your own research?
Conclude your paper with a discussion of your own opinion as to the usefulness of the Vroom-Yetton model for choosing your decision-making style. Would you recommend that corporate executives receive training in this model? Is there any ways in which you think the model could be improved? Explain your reasoning.
Play media comment: https://ashford.instructure.com/courses/106131/discussion_topics/2950447?module_item_id=5390741#
Prior to beginning this discussion, review Chapter 11 in the Abraham’s textbook on Diversified, Global, and Other Types of Organizations and listen to this audio snippet covering International Strategies. When companies expand into the international arena, they do so either because their home market has matured or because they see real opportunities in the foreign market.
Increasing the number of strategic business units requires a more complex business strategy. Sometimes the road to success in a foreign market can be a bumpy one. For insights into some of the more extreme cultural challenges posed when entering foreign markets as experienced by one of the United States’ largest fast food chains, read How McDonald’s conquered India (https://www.bbc.com/news/business-30115555) (Kannan, 2014) and McDonald’s Settles Beef Over Fries (https://www.cbsnews.com/news/mcdonalds-settles-beef-over-fries/) (Grace, 2002).
For this discussion, determine whether or not the company operates in the international marketplace. If so, research the company’s international strategy and evaluate it in terms of effectiveness in regards to one of the issues below. If your company is not involved internationally, then choose one that is and evaluate that company’s international strategy in terms of effectiveness in regards to one of the following issues:
Monetary Exchange Rates
Assess how your chosen issue potentially affects the strategic considerations of your organization involved in a global economic environment.
Propose language to add to the organization’s strategic plan that addresses the potential impacts to the organization’s global strategy.
Global Net Ltd is an internet service provider in Australia which employs staff located overseas to man its call centres. Competition in this industry is intense and Global is about to issue more shares in the following two years. The executive bonuses are tied to Global Net’s earnings performance. To boost its profits in the prospectus to be prepared for the share issue, the following ideas have been actioned for the current year (ending 30 June):
a. Make deep cuts in pricing through to the end of the year to generate additional revenues as Global expects to attract new customers.
b. Record executive year-end bonus compensation accrued for the current year when it is paid in the next year, after the June fiscal year-end.
c. Move the call centres to cheaper and older rental premises which is of inferior building quality.
d. Slash training costs by offering employment to new casual staff who will have to pay for the training courses certifying their attainment of skills required to qualify as permanent staff.
e. Sell off equipment before year-end. The sale would result in one-time gains that would boost the company’s profits. The owned equipment could be replaced with leased equipment at a lower cost in the current year.
f. Record the service revenue received in cash in the current year on plans effective from 1 July of the next year as revenue for the current year.
Requirements on pages 7 to 8?
Go to any financial website of your choosing (such as Yahoo Finance (Links to an external site.) or the main website for your assigned corporation) and locate the financial statements for your assigned corporation. Note that certain websites, such as Morningstar (Links to an external site.), will allow you to export the data to Excel for free which might simplify your Excel calculations.
Now refer to Table 3.8 Download Table 3.8 in the text.
1) Using an Excel spreadsheet, you will create a three-year ratio trend analysis from the financial statements for your assigned corporation. The trend will consist of the following ratios:
Current Ratio and the Quick Ratio from the “I. Short term solvency, or liquidity, ratios” category
Return on Assets Ratio and the Return on Equity Ratio from the “IV. Profitability ratios” category
Price Earnings Ratio and the Price Sales Ratio from the “V. Market value ratios” category.
Then provide a one-page (minimum) discussion about what each trend indicates for your assigned corporation. Is the trend good or bad, why?
2) Using the investing dot com study guide Download investing dot com study guide , find the industry ratios for your corporation (you will also find the earnings growth rate here). Note that the ratios provided in investing.com for your assigned corporation may not match your part (1) calculations exactly.
Compare your calculated ratios for your assigned corporation to the industry ratios. Then provide a one-page (minimum) discussion that details whether your assigned corporation is performing better or worse than the industry based on the definitions of the six ratios. Are your calculated trends from part (1) moving closer to or farther away from the industry averages? Is this good or bad?
The “KPMG Peat Marwick: The Shadow Partner” case (HBSP S596 Coursepak) provides the context for a firm and industry that are each undergoing changes and is set at the point of a decision regarding a potential investment path for digital transformation — before the term digital transformation was cool!
Recall that the first words on Jim Barton’s whiteboard were, “IT management is about management,” and the classic lessons for managing well endure through up or down economies, shifts in technology, (real) innovation in business models that generate more revenue than costs, M&A decisions, etc. It is for that reason that I have intentionally chosen a time-period case from 1991 with insights that are highly germane to our present decade. We will again revisit this case in Week #8.
The purpose of this assignment is to motivate discussions among your team regarding course topics from the first four weeks of the course — in particular Weeks #1 and #4. The KPMG case gives ample room for deeper thinking regarding competitive strategy, the role of IT in organizational change, investment and potential returns.
Before reading the case, watch the Apple Knowledge Navigator concept from 1987 (5 min)
o https://youtu.be/p1goCh3Qd7M (Links to an external site.)
o It was recorded in the standard definition format of the era, so watching it in a smaller window is advised for quality.
Now the memo: Please complete these two part:
Part 1: Complete these questions
Questions for your team discussion:
1. What are the challenges that KPMG Peat Marwick faces over the next five to ten years? What are the organizational implications of these challenges?
2. How important is implementation of the Shadow Partner for KPMG?
3. Evaluate the potential advantages and disadvantages to KPMG of the shadow partner project.
4. What are the arguments of Fact, Faith, or Fear? Any Fiction?
5. Why is the Shadow Partner project facing so much resistance?
6. Consider the February 1991 meeting of the U.S. Operating Committee:
? As Bob Elliott, how would you describe the benefits of the Shadow Partner to the partners?
? If you were a member of the committee, how would you evaluate the investment in the Shadow Partner?
? How would you vote?
7. What specific advice would you give to
? Tony Sapienza?
? Jon Madonna and Jim Brocksmith?
Part 2: Answer this question: Your team’s assignment is to write a memo that clearly recommends what should KPMG do next and why. (the response should have both what next and why)
Read these carefully to support the memo:
Assume that you are writing at the time of May, 1991. Assume that the U.S. Operating Committee met in February and had a rigorous and meritorious debate regarding the proposed Shadow Partner initiative and its funding. The next step is now a meeting of the committee with Madonna and Brocksmith and a few influential partners. Your memo will frame the agenda and be the pre-read for the meeting. It should be addressed to “KPMG Senior Executives” and assume that they know the details of the case information (thus, you do not need to inform them of things they should already know).
For this assignment, external research references are not needed and they are unlikely to be helpful. There is no right or wrong answer, but there are stronger and weaker recommendations based on their level of rationale and analysis. What KPMG ultimately did or did not do is irrelevant for the assignment. Remember that all HBS cases include the phrase that the case is a “…basis for a class discussion rather than to illustrate either effective or ineffective handling of an administrative situation.”
If you do choose to reference any external sources related to the industry or technologies of the era, they must be published prior to June 1991. You may draw on any materials that we have referenced in the S596 course, e.g., The Adventures of an IT Leader book or other links/readings without any concern for its year of publication. As always, if you choose to draw on the work of others, you must cite them properly as footnotes or endnotes for your work (see examples in the Individual Case Write-up #1 Assignment).
Your recommendation will stand on its holistic assessment of the KPMG situation, recommendation(s), and most importantly, the rationale supporting the recommendation(s).
Your assignment should be submitted in the format of a 2-3 page memo addressed to KPMG Senior Executives, single-spaced. The memo should be clear in logical flow, written with precision and clarity, and include your “bottom line” recommendation. Citations or any optional illustrations can appear on page 4 if needed.
PLEASE SEE ATTACHED DOCUMENT FOR PAPER REQUIREMENTS. REFERENCE PAGE IS NEEDED (SEPARATE FROM 2 PG MAXIMUM), APA FORMATTING FOR REFERENCES, NO DIRECT QUOTATIONS SHOULD BE USED; PARAPHRASING ONLY.
I will upload the full instructions. Basically you will solve the math problem on Microsoft Excel and then answer the questions from the instruction sheet in a question/answer formation. I will do the Power Point on my own, I just need you to do the research. Thank you so much in advance!
– Analyze the case -Provide Background Information on the case (This may require further research and additional information from other sources as may be necessary)
-Outline the Key Points of the case based on your analysis ? Identify and Explain the Implications of the case in the following areas:
– 2 Social Implications (What you believe public reaction would be)
– 2 Legal Implications (The legal arguments that are evident and could be made)
– 2 Political Implications (The political considerations that may drive decision making regarding the case)
– 2 Economic Implications (The economic impact that the case brings to light)
-State the Lessons Learned
-Offer Conclusion and Scholastic Viewpoints