Free Essay

Case

In:

Submitted By sumphknfool
Words 3502
Pages 15
JIU
BBA 310: Management
8.1

CASE ANALYSIS PORTFOLIO

Abstract
In studying how to be a more effective and overall better manager, I’ve made a list of all the best practices I hope to rule by. I will go from assignment to assignment starting with my paper from 1.1 titled Effective Management of People. 1- A perfect leader is passionate about the company and only wants to make it better by bringing in only the best to help the company flourish. To me, a perfect leader/manager is someone who is sensitive to the needs and attitudes of his employees but also knows how be firm and somewhat demanding. Being a friend to your employees does work but a manager must never forget that the company comes first.
2.1- Case Analysis on Motivating Employees: Don’t play favorites. Everyone needs treated fairly.
3.1- Case Analysis on Strategic Management: Happy customers mean repeat and new business. Word of mouth is everything.
4.1- Case Analysis on Managing People During Change: Be inviting to my employees and let them know that I am available to talk to them about the change. I will also assure them that we will all get through any change together.
5.1- Case Analysis on Managing Work Teams: Inspire creativity by providing an incentive.
6.1- Case Analysis on Empowered Decision Making: Make decisions myself unless I feel that another employee has either a spectacular idea or its time to select a successor.
7.1- Case Analysis on Managing Organizational Change: Change is an inevitability, so just make sure everyone is prepared.
I have three best practices that I will try to follow once I am a manager. They include: • I will treat my employee’s time as if it’s as important as mine. The best managers earn respect by being every bit as prompt with their own employees as they are with their own boss. It shows that the manager values his/her employees as individuals- a feeling that in all likelihood will be mutual. • I will not become intoxicated by personal power. A little power goes a long way and it’s easy to abuse. When too many people are eager to please a manager, it’s tempting to take advantage of that. The best managers realize that positional power is a privilege, and wield it judiciously. • I will earn the trust of those that I manage. The best managers are credible and always true to their word. In short, trustworthy.

1. EFFECTIVE MANAGEMENT OF PEOPLE
According to Guy Kawasaki, “The most important thing is to hire people who complement you and are better than you in specific areas. Good people hire people that are better than themselves.” He also believes that “the role of a leader is to produce followers and to be able to achieve this, a leader should compensate for their weaknesses by hiring individuals who compensate for their shortcomings.” When hiring employees who are “better than you” in certain areas, work performance will soar and become difficult to surpass (which is the ultimate goal). A manager has the perfect team when all his employees are better at their job than him. That is a highly positive outcome. However, when one of these “super” employees starts to figure out that he knows more than his manager, a mutiny may evolve. They may end up wanting the manager’s position and pay. This is an obvious negative outcome. Theme 2 in Module 1 focuses on diversity in the workplace. Something called similarly attraction phenomenon is explained. It consists of people tending to be attracted to others who are similar and that a manager needs to be aware of their own actions and the actions of the employees they are managing. On the whole, diversity is key. Kawasaki talks briefly about hiring employees who are as passionate about the company and products being sold or whatever the case may be. Basically everything in Module 1 rotates around Kawasaki’s strategy. To Kawasaki, a perfect manager/leader is someone who looks for employees that compensate him. A perfect leader is passionate about the company and only wants to make it better by bringing in only the best to help the company flourish. To me, a perfect manager/leader is someone who is sensitive to the needs and attitudes of his employees but also knows how to be firm and somewhat demanding. Being a friend to your employees does work but a manager must never forget that the company comes first.

2.1 CASE ANALYSIS ON MOTIVATING EMPLOYEES
As motivation in 2000 for Xerox to keep its employees, I believe they had to show a clear plan for rebuilding the company from the ground up. Careful planning and decision making put Xerox back in the game. First, the management team had to be motivated. Leaders cannot effectively motivate employees unless they are motivated themselves. Another way Xerox could’ve motivated their employees is by allowing them to voice their concerns as well as offer suggestions. One way for the CEO of a company to communicate priorities to a worldwide workforce is by recording a video message then have it distributed to every last person on the payroll to view. Informational posters and memos would be posted in break-room and emailed for everyone to see. Not all risk is bad, and that’s just how Xerox CEO Ursula Burns could’ve encouraged her employees to take calculated risk. Plus, existing employees took a risk when they didn’t jump ship despite the oncoming crisis. In order for an organization to attract and keep individuals for such a long period of time, I believe they need to offer incentives to those individuals. Incentives like bonuses, promotions and even simple recognition are ways to keep employees loyal and happy. I used to be a manager at a movie theater here in West Texas where the majority of my employees loved to eat. As an incentive for them to work harder, I bribed them with food. This means that if they reached a certain goal, they could order in a pizza or go to the food court in the mall for some Chinese or some burgers. This tactic always worked for me.

3.1 CASE ANALYSIS ON STRATEGIC MANAGEMENT
I currently work as a shift manager at a Quiznos Sub. I’ve been employed there since the beginning of the year which is more than enough time to know the ins and outs of the store.
S- strengths
W- weaknesses
O- opportunities
T- threats Quiznos’ strengths are that they offer real gourmet product. Our ingredients are shipped in weakly from a specific vendor, and if we run out of some ingredients, the store owner will run out and personally purchase fresh (sometimes organic) ingredients. Our product isn’t processed or frozen (mostly). I work in a small store with only 8 employees. Sometimes the lunch rush is so backed up that it takes 15+ minutes to get the last person in line to the front of the line. My store is the only store in a city with a population of over 140,000. So, when people decide that around lunch time that want a hot, quality sub, they come to us. Because of the long line during the lunch rush, my store has received a few negative reviews on our website. A store having only 8 employees is definitely our weakness. On the other hand, with the store being so small, we can achieve multiple opportunities. Quiznos Subs recently filed for bankruptcy protection. According to CNN Money, “All but seven of Quiznos 2,100 restaurants in the United States and 30 other countries are independently owned franchises, and will remain open and operating as usual.” The store I work in is owned and operated independently, so if the company does go under, we still remain open and selling subs, just under a different name. The opportunity to branch out and become something different is upon us. Here lies an opportunity. As we all know, Subway is our #1 competitor. They have about 40,000 locations in 100 countries. At one point, Quiznos once had more than 5,000 stores and could have threatened rival Subway’s hold one the sub market. Subway’s prices are much lower than Quiznos’ with more of a selection to choose from. Subway offers a 12 inch sub for $5 while the same sub would cost double at Quiznos. There is a Subway on almost every corner while a Quiznos exists in every other town. Subway is the strongest threat we see. In order to make our weaknesses our strengths, we should probably hire more people and install a second cash register. This would cut down on the wait time by minutes. Happy customers mean repeat and new business. Word of mouth is everything. In order to rival Subway to make them not so much a threat, Quiznos could come up with new product and definitely lower sandwich costs.

4.1 CASE ANALYSIS ON MANAGING PEOPLE DURING CHANGE
With the ability to turn the company around and return back to the black, the company has secured the jobs of its employees. Since this article, I’m sure the company has attracted the attention of lots of hopeful would-be employees. I can imagine a company as large as Camden Property Trust needs to communicate with every last employee. In order to do so, they may send out personalized memos, cards or even dvds with the message on it. This would be the most effective way to communicate with a large group of employees. In my opinion, Camden increases its credibility to staff when the CEO dresses up as Captain Kirk. Fun things like that show the employees that the man in charge of running the company knows how to show that he isn’t a stone-cold selfish robot. It lets the employees know that they should feel comfortable going to him if they either need to express a concern or lodge a complaint. Once again, it opens doors for future employees to join the workforce. With the company forgiving some leases under certain financial situations, it allows its employees to not have to worry so much about trying to collect late rent payments or about arguing with tenants. I used to be an assistant manager at a movie theater and I have experienced some nights with no end to my stress. Most weeknights, there was only one girl behind the concession stand who would have lines to the front entrance if there was a fairly new movie playing. Never-ending, long lines would mean that I had to jump in and help take care of the customers. Some customers were extremely rude about having to wait so long which made for a not-so-great experience for me.

5.1 CASE ANALYSIS ON MANAGING WORK TEAMS
New Seasons Market hires employees that live in the local neighborhood which helps each store to know the specific needs of its customers. The grocery store chain forces each individual store to form a Green Team; this allows the employees to work, think and accomplish different projects together. According to the article, “One suburban store even developed an intricate car pool program for employees to encourage a reduction in drive-alone car trips.” The stores have allowed each Green Team to act separately from other stores in the area. Apparently, a friendly competition has developed between the stores; this means each team is sticking together. The Green Teams are functional teams. As defined by Dr. Freeman, functional teams “…tend to be related to a specific function such as production, idea generation, problem solving or a specific project.” The Green Teams of New Seasons Market have accomplished a variety of projects related to the local community. Projects like wetland and wilderness cleanup and planting gardens to low-income families bring each team happiness. The Green Teams are highly successful. One group of employees in one store came up with the idea in order to knock out issues in their store. The article states, “Corporate managers (who also have their own Green Team) agreed that it was such a good idea that now every store is required to have a Green Team.” Plus, their story is being told and documented for the rest of the world to emulate. Any PR is good PR. Say the local community isn’t doing so well financially or the crime rate is up in that particular community. This makes the Green Teams not want to do any community work for fear of their own safety. No one would blame them for skipping community work that day. Another problem may arise in turnover rate in the store. This would eventually mean no Green Team in that specific store. Because each Green Team has freedom and support from corporate management, there aren’t too many rules that need to be followed. Any potential conflicts may have to be resolved by corporate management. If the problem isn’t solved, this could mean the Green Team will be disbanded. For fear of being dissolved, conflicts need to be handled within the group. I am a shift manager at a Quiznos restaurant here in West Texas. We are the only store within a 20 mile radius. The nearest store is located in our sister city 20 minutes away. Because we are so separated, we could develop friendly competition between the two stores. For instance, the store that sells the most product in one week gets a pizza party. This inspired creativity and drive and could prove to be highly profitable to the company.

6.1 CASE ANALYSIS ON EMPOWERED DECISION MAKING
In the case of a disaster such as a ship sinking followed by a legal battle, Skaug’s deferred decision making strategy might have been inappropriate. If such a disaster were to happen, the legal team would need stacks of paperwork and documentation to try to settle the case. In order to have to the paperwork released, the legal team would need permission from the president or CEO. Deferring this permission/decision to others would be highly inappropriate at that time. A hospital is such an unstable environment that requires quick (sometimes unsure) decisions that could save a life. Most times, the chief is the one who absolutely needs to be making those decisions. Someone’s life is on the line. Work on Wall Street is just as unstable as working in a hospital. Instead of lives at stake, money is at stake. Millions of dollars can be lost in the lost in the blink of an eye. From my readings, it sounded like Skaug was giving the small mechanical decisions to others. Decisions like different ship parts and how to implement and changes that could better the ship’s frame taught the employees to think rationally, practically, and smart…perhaps to think like a possible passenger on board. If I were a manager under Skaug I’m not sure I would feel incredibly comfortable and secure enough to make decisions. However, it would also make me feel that Skaug trusted me to the point of taking the company in my own hands. On the other hand, if I were Skaug, I would feel two different ways in particular. I would feel that the employees need to be able to handle their own load and feel confident with their decision. Or, as a CEO, I would feel obligated to make the decisions myself. I’m a CEO for a reason, so I need to act like one. A decision that an employee made could easily back-fire if the employee didn’t have the necessary knowledge to make said decision. For instance, an employee that was just hired on shouldn’t be given the responsibility to make decisions that could make or break the company. Also, if an employee has a personal vendetta against Skaug and wants to get revenge, he or she could make a decision that could bring the company under much scrutiny and ultimately to an end. As a day-shift worker at Quiznos, I have to suffer through the lunch rush on a daily basis. I could build the foundation of the sandwich (make), put the veggies on and wrap the sandwich (wrap), or jump on register to complete the process. I am the fastest worker, so if I choose to be on wrap or register that day, I will find myself waiting around for a sandwich to wrap. So, I often decide to be on make in order for my time to fly by. Sure its more work, but it makes my time go by much faster.

7.1 CASE ANALYSIS ON MANAGING ORGANIZATIONAL CHANGE
Former CEO Phil Iosca took the reigns of the company and opened several retail stores throughout the country and also established online commerce. In 2009, under Iosca, Hanna Andersson began distributing merchandise wholesale through retail stores like Nordstrom. Vice President, Gretchen Petersen had held strong by Iosca’s side until he retired in early 2010. (Bollier, D. 1996) She continuously proved to be faithful to the company. Newest CEO Adam Stone has stepped in to communicate more effectively with the employees to make better, more strategic decisions. He makes all the employees feel heard. I would say Hanna Andersson’s leaders followed about half of Kotter’s 8 Steps for Leading Change. The three leaders most definitely developed a change vision, they communicated the vision for buy-in, they empowered people and removed barriers and they never let up. (Kotter, 1996) As a result of considerable growth and development, Hanna Andersson’s cofounders figured they had to bring someone in to head an even bigger company. A CEO isn’t needed to oversee one mom-and-pop retail store. So, when the time came to expand, the Denharts knew they needed a bigger team. An online catalogue was created to continue selling more clothing and accessories. And, in 2002, Iosca opened more stores nation wide. In the very beginning, stiff competition posed a threat to the company, to its cofounders knew they needed organizational change. Reportedly, the company has changed ownership several times, which led to a new business direction for the company. With each new owner comes a fresh new set of ideas that could either benefit or destroy the company. Also, “The Denharts promoted from within the company to help initiate change and strategic growth…” (Bollier, D 1996) I feel that promoting from within is a genius move because whomever is promoted already knows what has and hasn’t worked for the company thus far. If a company stays current on its revenue, budget and stock information, they should be able to see the future of the company clearly and before anything becomes too serious. If sales are low and no one is investing in the company, then a change is imminent. I previously worked as a pharmacy technician at a CVS back home. When I started, the signature capture system was quite easy, simple and fast to complete in order to finish the sale and move on to the next customer waiting to pick up a prescription. Shortly after I started, CVS Caremark handed down a new system which backed up the lines and frustrated customers and employees alike. In order to prepare for this new system change, we all had to take a module online which simulated this new system.

References: 1. Guy Kawasaki (2004). An Introduction to Organizational Behavior. Retrieved from http://2012books.lardbucket.org/books/an-introduction-to-organizational-behavior-v1.1/s07-01-advice-for-hiring-successful-e.html 2. Dr. Ina-Ann Freeman (2014). Theme 2: Diversity in the Workplace. Retrieved from http://courses.jonesinternational.edu/display.jkg?courseSectionId=33480&uid=89082&tpl=frameset 3. Dr. Ina-Ann Freeman (2014). Theme 1: Motivational Theories. Retrieved from http://courses.jonesinternational.edu/display.jkg?courseSectionId=33480&uid=89082&tpl=frameset 4. Katie Lobosco (March 14, 2014). Quiznos files for bankruptcy. Retrieved from http://money.cnn.com/2014/03/14/news/companies/quiznos-bankruptcy/ 5. Talya Bauer and Berrin Erdogan (2013). 7.1 Facing Foreclosure: The Case of Camden Property Trust. Retrieved from http://catalog.flatworldknowledge.com/bookhub/reader/4?e=fwk-122425-ch07a_s01 6. New Seasons Market Inc. (2010). Business Week. Retrieved from http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=12004234 7. Ina-Ann Freeman (2014). Theme 1: Team Basics. Retrieved from http://courses.jonesinternational.edu/display.jkg?courseSectionId=33480&uid=89082&tpl=frameset 8. 2012books (2008). Empowered Decision Making: The Case of Ingar Skaug. (n.d.). Retrieved from http://2012books.lardbucket.org/books/an-introduction-to-organizational-behavior-v1.1/s15-06-empowered-decision-making-the-.html 9. Kotter (1996). Kotter’s 8 Steps for Leading Change. Retrieved from http://www.kotterinternational.com/FileNotFound.htm?aspxerrorpath=/our-principles/changesteps/step-8/.aspx 10. Bollier, D (1996). Changing for Good: The Case of Hanna Andersson Corporation. Retrieved from http://2012books.lardbucket.org/books/an-introduction-to-organizational-behavior-v1.1/s18-05-changing-for-good-the-case-of-.html

Similar Documents

Free Essay

Case

...examining room was also an important factor. Availability of some assistants and instructing them on the standing operating procedures based on the workload proved to be an add-on. Initial paper work took some time, so the new patients were asked to come earlier so that the work could be completed on time. Also informing the new patients to adhere to appointment timings was a usual practice to avoid delays. What procedures were followed to keep the appointment system flexible enough to accommodate the emergency cases, and yet be able to keep up with the other patients’ appointments? It is often observed that doctors misuse the time and often emergency cases are taken as excuses for not adhering to the schedule. It was important to make the system flexible to adjust the emergency cases as well as to adhere to the timelines and get back to schedule. In case of real emergencies like fractures or caesarean section etc., all other appointments could be dropped; however in case of small issues, the doctor was expected to come back on track as early as possible and give the patient a choice to wait or reschedule the appointment. Also the assistant of the doctors were ordered to keep some open slots throughout the day for the patients suffering acutely. This time was also used to look into the emergency...

Words: 318 - Pages: 2

Free Essay

Business Case

...BUSINESS CASE Presented to the Accountancy Department De La Salle University In partial fulfillment Of the course requirements In ACCTBA2 (C33) March 2, 2015 A stakeholder is typically concerned with an organization delivering intended results and meeting its financial objectives. In general, a stakeholder can be one of two types: internal (from within an organization) or external (outside of an organization). The stakeholders in this situation are Lanie Marquez and Tim Rodriguez who are also partners in the retail distribution business and their capital contributions are as follows P500,000 and P300,000 respectively they are an internal stakeholder since they are also the owners. The total Capital of both stakeholders is P800,000 and with a monthly salary for both partners at P15,000 on the assumption that both of them will contribute to manage the business equally. Assuming that both managed the business equally the total salary for the year for Lanie and Tim are P180,000 each. They share profit and loss equally and no interest will be given on capital contributed. The problem for this situation is that Lanie is starting to get concerned with the behavior of her other partner Tim. He only manages the business 50% of the time, which will mean that his salary of P15,000 will need to decrease by also 50% since he does not manage the business equally with his partner. The business has seen a downturn in the profit outcome and for the current financial...

Words: 758 - Pages: 4

Premium Essay

Case

.../InstructorResourceManual.pdf‎ The case was prepared by Mark S. Beasley, Ph.D. and Frank A. Buckless, Ph.D. of North Carolina State University and .... Case 1.1: Ocean Manufacturing, Inc. Ocean Manufacutring Inc The New Client Acceptance ... www.studymode.com/.../ocean-manufacutring-inc-the-new-client-accept...‎ Ocean Manufacturing, Inc.: the New Client Acceptance Decision: Case 1.1 Ocean ... Problem Solution: Harrison-Keyes Inc. Ayodeji Ajayi University of Phoenix ... Ocean Manufacturing, Inc.: The New Client Acceptance ... www.freecasestudysolutions.com/case-study-Ocean-Manufacturing-Inc-...‎ Case 1.1 Ocean Manufacturing, Inc.: The New Client Acceptance Decision Ocean Manufacturing, Inc. is recommended as a ... ORDER NEW SOLUTIONS ... Solution Manual for Auditing Cases An Interactive Learning ... testbanksfor.com › All test banks and solution manuals‎ Download Solution Manual for Auditing Cases An Interactive Learning Approach 5th Edition by Beasely. Solution Of Ocean Manufacturing Inc Free Essays 1 - 30 www.papercamp.com/group/solution-of-ocean-manufacturing.../page-0‎ Free Essays on Solution Of Ocean Manufacturing Inc for students. ... ACCT 805AE Case 4 Ocean Manufacturing, Inc The Osprey Group Feb 21, ... Auditing: r c aSe S t h at diSc uSS topicS rel ated to thiS Section 1.1 Ocean Manufacturing, Inc. . Case 1 1 Ocean Manufacturing Inc Free Essays 1 - 30 www.papercamp.com/group/case-1-1-ocean-manufacturing-inc/page-0‎ Case 1.1 Ocean Manufacturing, Inc.: The...

Words: 447 - Pages: 2

Free Essay

Actpaco Business Case

...ACTPACO INDIVIDUAL BUSINESS CASE 1T AY 2013-14 Reference: Accounting 2nd edition. Waren,C., Reeve, J.,and Duchac, J. ( with slight modifications) Case 1. Partnership agreement Jose Reyes, M.D. and Joseph Luke, M.D. are sole owners of two medical practices that operate in the same medical building. The two doctors agree to combine assets and liabilities of the two businesses to form a partnership. The partnership agreement calls for dividing income equally between the two doctors. After several months, the following conversation takes place between the two doctors: Reyes: I have noticed that your patient load has dropped over the last couple of months. When we formed our partnership, we were seeing about the same number of patients per week. However, now our patient records show that you have been seeing about half as many patients as I have. Are there any issued I should be aware of? Luke: I see. Well, I find that I am working as hard as I did when I was on my own, yet making less that I did previously. Essentially, you are sharing in half of my billings and I am sharing in half of yours. Since you are working much less than I am, I end up on the short end of the bargain. Reyes: Well, I don’t know what to say. An agreement is an agreement. The partnership is based on a 50/50 split. That’s what a partnership is all about. Luke: I that is so, then it applies equally well on the effort end of the equation as on the income end. Answer...

Words: 497 - Pages: 2

Free Essay

Business Case for Documents

...Documentum |   |   | Setting for the Case In November 1993 Jeff Miller, Documentum's CEO, is faced with the challenge of pursuing either a vertical or horizontal marketing strategy to route Documentum towards profitability.   Situation and Business Issues Documentum enjoys a leading role in an emerging and potentially lucrative space. But profiting from this opportunity will require overcoming several immediate hurdles including a limited customer base, formidable competitors and unforeseen development costs.  Key Information, Facts, Assumptions Documentum was founded in June 1990 by Howard Shao and John Newton, seasoned database engineers who aimed to develop a new class of software for automating the management of documents across an enterprise. Following three years of losses, Documentum gains traction by combining an elite management team with $5.8MM of Venture Capitalist funding.    Analysis Enterprise document management (EDM) is a new, paradigm-busting product category with few substitutes. The category growth is small, increasing at a rate of 1%-2% year over year . Competition within the EDM category is low, as no other company was developing the "whole elephant" solution. Profitability was extremely low, given the low number of customers and long lead time to develop and deliver the product solution. The combination of these characteristics wholly describes the EDM category as being in the Introduction Stage of the Category Life Cycle .     With regards...

Words: 255 - Pages: 2

Premium Essay

Case

...THE ON OT C OP YO CASE STUDY HANDBOOK RP OS T ON OP YO RP OT C OS T THE ON OT C Write Persuasively About Cases OP CASE STUDY HANDBOOK How to Read, Discuss, and William Ellet Harvard Business School Press Boston, Massachusetts YO RP OS T Copyright 2007 William Ellet All rights reserved Printed in the United States of America 11 10 09 08 07 5 4 3 2 1 No part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form, or by any means (electronic, mechanical, photocopying, recording, or otherwise), without the prior permission of the publisher. Requests for permission should be directed to permissions@hbsp.harvard.edu, or mailed to Permissions, Harvard Business School Publishing, 60 Harvard Way, Boston, Massachusetts 02163. The copyright on each case in this book unless otherwise noted is held by the President and Fellows of Harvard College and they are published herein by express permission. Permission requests to use individual Harvard copyrighted cases should be directed to permissions@hbsp.harvard.edu, or mailed to the Permissions Editor, Harvard Business School Publishing, 60 Harvard Way, Boston, MA 02163. ON OT C Case material of the Harvard Graduate School of Business Administration is made possible by the cooperation of business firms and other organizations which may wish to remain anonymous by having names, quantities, and other...

Words: 96750 - Pages: 387

Premium Essay

Ralph's Grocery Case Summary

...Ralph’s Grocery and United Food and Commercial Workers Union The case that I chose for the week 6 critical thinking assignment concerns Ralph’s Grocery Company, located in California. It applies to this week’s material due to the fact that the case involves unlawful suspension and discharge of an employee, as reviewed by the National Labor Relations Board. Background In May 2011, Vittorio Razi was an employee at Ralph’s Grocery and was suspended and terminated after he refused to take a drug test without first consulting with his UFCW Local 324 representative. The company (Respondent) says that on the day in question, Razi’s behavior was in question, acting nervous, anxious, agitated, and slurred speech. After a couple managers discussed the...

Words: 750 - Pages: 3

Premium Essay

Hbs Case

...The HBS Case Method Pioneered by HBS faculty and one of the highlights of the HBS experience, the case method is a profound educational innovation that presents the greatest challenges confronting leading companies, nonprofits, and government organizations—complete with the constraints and incomplete information found in real business issues—and places the student in the role of the decision maker. There are no simple solutions; yet through the dynamic process of exchanging perspectives, countering and defending points, and building on each other's ideas, students become adept at analyzing issues, exercising judgment, and making difficult decisions—the hallmarks of skillful leadership. Page Content Over 80 percent of cases sold throughout the world are written by HBS faculty, who produce approximately 350 new cases per year. Simply put, we believe the case method is the best way to prepare students for the challenges of leadership. How the HBS Case Method Works When students are presented with a case, they place themselves in the role of the decision maker as they read through the situation and identify the problem they are faced with. The next step is to perform the necessary analysis—examining the causes and considering alternative courses of actions to come to a set of recommendations. To get the most out of cases, students read and reflect on the case, and then meet in learning teams before class to "warm up" and discuss their findings with other classmates. In class—under...

Words: 389 - Pages: 2

Premium Essay

Case Interview

...Case Interview Marathon Workshop Overhead Slides v1.0 By Victor Cheng www.caseinterview.com These materials provided on an “as is” basis with no warranty or guarantee expressed or implied. You use them at your own risk. This information is provided to you for free for non-commercial use. You are welcome to forward this to your friends provided you do not alter any of the content and keep the entire document in tact. I retain copyright ownership over these materials © Victor Cheng Page 1 www.caseinterview.com Introduction • My Story • Goal for Today • How This Workshop Is Different • What I Will NOT Cover o Normal job interview questions o More recent twists to the case interview o Estimation / Back of Envelope Cases • Recommend Reading: “Case in Point” by Marc Cosentino Excellent coverage of recent twists to cases and estimation question type cases © Victor Cheng Page 2 www.caseinterview.com Why I’m Doing This • The first time I did this… • www.kidpower.org Examples o 7 year old girl took class, one year later stopped a man who was trying to molest her at the zoo. o Teenage girl took class, 2 years later got tackled to the ground by kidnaper, fought him off and escaped o 10 year old took class, 13 years later, walking in the woods with an old boy friend, former employee, baseball bat, she took him out My request: IF you find today useful, then make a $50 donation and keep a child safe for life Cost of MBA to Get Interview: Cost to...

Words: 2043 - Pages: 9

Premium Essay

Case Study

...Each student must complete a Final Project. The Final Project is a definitive case analysis and is to be in the form of a written paper in APA format. The purpose of the Final Project is to assess the student’s learning accomplishments by demonstrating how well the student has assimilated the information learned in this and all other Business Management courses. The Final Project includes two definitive business case analyses. The successful student will be able to discern between relevant and irrelevant material and then apply the various business techniques and skills to thoroughly analyze the cases in relation to the questions posed. Students may use any material in the text, from other courses, in addition to original research in developing the Final Project, but every word (unless expressly quoted with appropriate credits given) must be that of the student submitting the paper. Information used from other course work must be appropriately referenced and cited. Students would be well advised to begin making notes immediately upon starting this course on how they will respond to the Final Project. Final Project Case #1: Complete a comprehensive APA formatted paper that includes a thorough analysis of the following questions. The first part of the Final Project is to be performed on the Herman Miller Inc. in 2012: An Ongoing Case of Reinvention Case in the text on page C-332. 1. What does the five-forces analysis reveal about the strength of competition in...

Words: 576 - Pages: 3

Premium Essay

Case

...Assignment 1, 2013 – Case Studies Tutorial-based group assessments Due: See ‘Due Dates for Case Study Submission’ section Marks: 30% of the total marks for the unit Background – Learning with Cases Harvard University, probably the most famous source of teaching cases, describes these resources as follows: “Teaching cases – also known as case studies – are narratives designed to serve as the basis for classroom discussion. Cases don’t offer their own analysis. Instead, they are meant to test the ability of students to apply the theory they’ve learned to a ‘real world’ situation … where good accounts of specific events can help exemplify and illuminate theory” (Harvard, 2000). The use of cases based on or around real organisations and/or current issues provides an entirely different approach to learning from that of lectures or more conventional tutorial exercises, where students solve specific problems in isolation from the world of business. Case preparation is a significant part of both undergraduate and postgraduate business study – particularly in the English-speaking world – and it is important to learn to do it effectively and efficiently. I have provided two introductory readings to help you with this process: “Learning Information Systems with Cases” (a pdf file available from your KXO223 MyLO resources) and “Notes on Writing a Case Study Report” (included in this document as Appendix A). Please begin by reading these carefully. Cases are usually based around...

Words: 15979 - Pages: 64

Premium Essay

Written Case Guidelines for Mktg 639

...Participants Sect 01 From: Dr. Keith C. Jones Re: Written Case Project Guidelines In addition to the Live Case, students will work on “written cases”. These cases are designed to provide the students the opportunity to demonstrate their mastery of all marketing related topics and issues. Each student, individually, is required to prepare a 2 to 3 page single spaced typed solution to the case. The solution should be in the format of an executive memo and be very strategic action oriented. If there are questions at the end of the case, unless otherwise directed, questions should only be used as guidelines. Answering only those questions will not be appropriate. The write-up is to be a “management directive” for the company. It should specifically state what the actions of the company should be to operate within the specific situation. This should not be a recantation of the case. On the case days, students will discuss each of their solutions in a simulated boardroom environment. There is no one set solution to the case. The success in this situation for the student is his or her ability to support their recommendations. Students should provide support as to why they feel their individual solution is appropriate. Students are not to “update” the case. Do not assume the actions taken from the time of the writing of the case by the company are the appropriate solutions/approaches to the case. This can be misleading and create myopia. Each write-up should...

Words: 417 - Pages: 2

Premium Essay

Case for Case Studies

...A Case for Case Studies Margo A. Ihde Liberty University Author Note Correspondence concerning this article should be addressed to Margo A. Ihde, Psychology 255-B05, Liberty University, Lynchburg, Va. 24515. E-mail: mihde@liberty.edu A Case for Case Studies Case Studies are utilized across many disciplines including but not limited to medical science, political science, social science and psychology. There is however some confusion as it relates to the use of case studies. The first such confusion that must be clarified is what the definition of a case study is and what constitutes a case study. The second clarification is to identify the reasons for using a case study. A third area is outlining the advantages and disadvantages of using a case study. Lastly, when a researcher concludes a case study would be the best option they then must determine where and in what ways would the data and information be sourced. Identifying the answers for these four areas is imperative to understanding and utilizing a case study. Case Study – Defined The definition for a case study within all many disciplines is very similar. A case study is usually described as an investigation into a real situation involving an individual, a group, an organization, or a society focusing on a single subject or object (Pegram, 2000). To begin, identifying a case studies purpose would contribute to determining what would and should be investigated. The study could focus on the “history...

Words: 855 - Pages: 4

Premium Essay

Case

...Join now! Login Support Other Term Papers and Free Essays Browse Papers Business / Timbuk2 Case Study Timbuk2 Case Study Term Papers Timbuk2 Case Study and over other 20 000+ free term papers, essays and research papers examples are available on the website! Autor: santhanam.vikram 09 December 2013 Tags: Words: 723 | Pages: 3 Views: 86 Read Full Essay Join Now! CASE STUDY: TIMBUK2 1.) Consider the two categories of products that Timbuk2 makes and sells. For the custom messenger bag, what are the key competitive dimensions that are driving sales? Are their competitive priorities different for the new laptop bags sourced in China? Some of the competitive advantage which are the key factors of Timbuk2 bags are:-  Quality  Durable  Reliable  Not prone to defects  Custom made bags for each of the customers  The quick delivery of bags  The rave review which the company gets for its bags i.e. it basically carries a good name in the market  For its laptop bags, even though they are manufactured in china, the designing is done in San Francisco. so the exclusivity remains  Cost effective manufacture of laptop bags in china  Being able to adopt to changes in demand and fashion By manufacturing the bags in china the company saved the manufacturing cost but lost their niche of manufacturing and selling in America itself. The general perception of it being a Chinese product led to customers felling little...

Words: 564 - Pages: 3

Premium Essay

Case

...ACE INSTITUTE OF MANAGEMENT Affiliated to POKHARA UNIVERSITY CASE STUDY ON "Managing Motivation in a Difficult Economy" Prepared by Submitted to Raju Karki Shanker Raj Pandey Rama Satyal Ramesh KC Sandeep Amir Kansakar Sanjeev Shrestha THEORETICAL BACKGROUND Motivation is the process that accounts for an individual intensity, direction and persistence of efforts towards attaining a goal. It is the result of interaction between an individual and the situation. Motivated person says "Nothing is impossible” and put his best effort on the task assigned. The different organizational topics covered on the case are as follows:- a. Organizational Justice:- Organizational Justice is the overall perception of what is fair in the workplace. Disruptive Justice is the employee's perception of fairness of the amount and allocation of rewards among individuals. e.g. How much we get paid relative to what we think we should be paid? Similarly, Procedural Justice is the perceived fairness of the process used to determine the distribution of reward. For employees to see a process as a fair, they need to feel they have some control over the outcome and that they were given an adequate explanation about why the outcome occurred. Finally, Interactional Justice is an individual's perception of the degree to which she is treated with dignity, concern and respect. b. Diversity and Age:- Workforce diversity can be studied under two headings:- i. Surface...

Words: 1602 - Pages: 7