With the ability to handle stress, problem solving, behavioural characteristics can lead to inspire the project team to succeed and win the confidence of the client. The Project Management Institute defines project management as “the art of directing and coordinating human and material resources through the life of a project by using modern management techniques to achieve pre-determined goals of scope, cost, time, quality and participant satisfaction” (Smith 2002). Therefore, for a project to be successful, the methodology employed for the execution is very important. Requirements, statement of work, risk assessment and schedule estimates must align when during the initiation of a project.
The everyday activities of an organisation has been cascaded from a Strategic intent on organisation. It is therefore critical that the manager is able to use, distribute and re-distribute his resources (personnel, finance, and equipment) in the best possible way to achieve results and deliver expectation. Leader Because of the complexity of the workplace environment, subordinates need direction with regards to their everyday activities and deliverables. I also need to be a role model; and demonstrate exemplary leadership.
The aim of stakeholder management is to identify the stakeholders in a project and ensure that they are aware of the change, and the benefits of the change (Baca, 2010). He also states that stakeholders in a project include project managers, project sponsors, team members and the change control board. It is critical that the stakeholders are aware of this throughout the change process. According to Legris and Collerette (2006), the change manager should seek to build a partnership with the stakeholder and be committed to it. In the case given, stakeholder from all these departments should have come together at the beginning of the project so that the needs and expectations of the people in these departments would be identified and any conflicts arising would be resolved.
Managerial Analysis Paper Verizon Communications Background information • Verizon’s corporate vision. Verizon’s corporate vision is “to inspire tomorrow’s creators to use technology to build brighter futures for themselves, their families and the world.” In this vision statement, the emphasis is on the role of the company in the lives of its stakeholders. This same role extends to the business activities of the company’s subsidiaries (Gregory, L. 2017, June 20). •
In successfully Team based organization the complete focus is not only on teams but also highlights the essential role of the managers. Form a strategic vision: Rapidly growing technology and global competition are making the organizations implement new ways to gain competitive advantage. In this new technological era one company masters a new technology and the other company makes the technology advanced. So there is need to catch the flexible changes in the market to meet the customers’ expectations which is essential in drafting organizational strategy. First process of team based organization is to form strategic objectives.
This will allow for the achievement of goals and deadlines to be met. Ensuring that employees are aware of these deadlines allows productivity to be a main focal point to ensure that those organisational goals are in the process of being achieved. 4.
Contemporary management involves many aspects of management. These aspects include planning, leading, organising and controlling operations to achieve certain organisational goals. When comparing different management levels it is evident that at all levels emphasise the importance of using resources effective and responsibly. Managers should be able to build their own as well as their subordinates’ skills, regarding decision making, monitoring information and supervising personnel are which are essential to success. Managers have great responsibilities, these responsibilities include managing a diverse work force, maintaining a competitive edge, behaving ethically and using emerging technologies.
All of these factors will need to be considered at executive level in order to be successful at any organization. Cost is another important factor. How will the teams be motivated and rewarded. It’s vital that all aspects be analyzed for teams to collaborate and achieve
But improving skills should be the main priority for organizations who want to better deal with generational diversity. To effectively manage a multigenerational workforce, it is significant that Atradius should assess and evaluate that workforce and how the organization supports its employees. By conducting such assessments, the organization can understand the talent it possesses and its future needs so that the company develops the most appropriate programs to support employees and implement it more effectively. Additionally, in a constantly evolving workforce, the organization should constantly evaluate its workforce programs so that it can determine if the programs are effective and whether the cost of investment in those programs has a beneficial effect on the company’s ability to accomplish its mission.
According to Bérard (2012), planning performance should be a SMART goal. Which is Specific, Measurable, Attainable, Realistic and Time bound. When we say specific: goals should be clearly identified in terms of expectations, measurable: each goal should be quantifiable in order to ensure the task accomplishment, attainable: when a goal is set, we need to ensure that they are achievable within a given time frame and resources, realistic: each goal should be achievable and relevant to the organization mission, and vision, and timely: a specific period of time for an objective to be accomplished. Furthermore, adding a realistic time boundary, contributes a sense of urgency to the goal and will help to keep you focused. Moreover, the objectives of planning encompass the following core points (Bérard
The human resource management is vital in safeguarding that the people employed by an organization live up to their capabilities. This can be done by creating a strategy plan that aligns with the organizational goals. Their actions are designed to move that plan forward. The HR function should focus on value-adding activities to support the execution of the business strategy and objectives. By implementing the strategic plan organizations achieve results.
Each aspect of the agency should work seamlessly together to exploit the entire value chain, encompassing open communication, acquiring mastery level skills applicable to key competencies, basing our governance on adaptation and long-term value will all help ascertain the agency’s vision Arell,