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Philip Walcoff - "The Fast Forward MBA in Business Planning for ...

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<strong>Philip</strong> <strong>Walcoff</strong> - "<strong>The</strong> <strong>Fast</strong> <strong>Forward</strong> <strong>MBA</strong> <strong>in</strong> Bus<strong>in</strong>ess Plann<strong>in</strong>g <strong>for</strong> Growth"EXERCISE 5: DEFINE YOUR MANAGEMENT ANDOPERATIONS ISSUESReview the list of seven management and operations issuespresented <strong>in</strong> the preced<strong>in</strong>g text and consider any others thatare not mentioned. Document your management andoperations issues <strong>in</strong> your Major Issues and Approaches <strong>for</strong>Resolution document (see Appendix A).Page 52EXERCISE 6: DEFINE YOUR RESPONSE TOMANAGEMENT AND OPERATIONS ISSUESFor each management and operations issue you haveidentified <strong>in</strong> Exercise 5, develop a response us<strong>in</strong>g theexamples presented <strong>in</strong> Table 4.3 or, as an alternative, def<strong>in</strong>eyour own responses. Write these issue responses <strong>in</strong> yourMajor Issues and Approaches <strong>for</strong> Resolution document (seeAppendix A).TABLE 4.3 RESPONSE OPTIONS FORMANAGEMENT AND OPERATIONS ISSUESIssue 1. Our managers don't understand their roles,responsibilities, and authorities to carry out their jobs; there'sno clear statement of goals and objectives, and we lackposition descriptions.• Prepare management position descriptions describ<strong>in</strong>g roles,responsibilities, and authorities—<strong>in</strong>clude objectives def<strong>in</strong>ed <strong>in</strong>your bus<strong>in</strong>ess plan.• Create a companywide authority matrix clearly def<strong>in</strong><strong>in</strong>gauthorities of all levels of management.file:///C|/Documents and Sett<strong>in</strong>gs/gasanova/Local Sett<strong>in</strong>...<strong>Forward</strong>_<strong>MBA</strong>_<strong>in</strong>_Bus<strong>in</strong>ess_Plann<strong>in</strong>g_<strong>for</strong>_Growth/e-book.html (66 of 219)16.02.2005 13:54:23

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