W4D1 Granth

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OrganizationManagement.ppt
  • It is important to be aware of the following:
  • Mission statement
  • Vision statement
  • Goals
  • These will allow you to manage and strategize to follow the company mission and vision and meet the goals.
  • Stakeholders – any individual or group that has a stake in the outcome of the company.
  • Some examples:
  • Customers
  • Managers
  • Employees
  • Stockholders
  • Community
  • Competitors
  • WBS=Work Breakdown Structure
  • It is a deliverable oriented decomposition of a project into smaller components.
  • It is similar to an organizational chart.
  • RAM=Responsibility Assignment Matrix
  • This is a chart that assigns various responsibilities to employees.
  • It decreases confusion about job descriptions.
  • It assists with communicating through the proper channels.
  • A risk analysis should be conducted on a regular basis and more frequently if conditions change.
  • Some examples are:
  • SWOT (Strenths, Weaknesses, Opportunities, and Threats)
  • PEST (Political, Economical, Socio-economical, and Technology)
  • Once risks are identified, they should be addressed in a risk assessment plan.
  • The plan should include:
  • The risk.
  • Response to risk.
  • Potential chance the risk could occur.
  • Potential cost of the risk occurs.
  • Scheduling can be a daunting task.
  • It may be helpful to create a formal scheduling system to help manage the day to day schedule as well as overtime, sick time, vacation time, etc.
  • Scheduling should be conducted with the budget in mind.
  • In larger organizations, a communication plan may be appropriate.
  • This details:
  • The frequency of communication with each stakeholder.
  • The medium that will be used to communicate.
  • The response time for returning communications.
  • Hale, Judith. (2007). The Performance Consultant's Fieldbook: Tools and Techniques for Improving Organizations and People (Essential Knowledge Resource). 2 ed. Washington D.C.: Pfeiffer.