Respond to the questions below related to the role and responsibilities of a project manager. Your answers should be in complete paragraphs and cite any references as necessary.
1.In your opinion, what are the most important qualities of a project manager? Explain why you picked those qualities and why they are needed.
2.As a project manager, how would you handle office politics?
3.As a project manager, how would you handle a team member who is not productive/not working to their full potential?
4.You are the project manager with a team of five members. Two of the team members do not agree with the other three on how to accomplish a certain task of a project. What collaborative strategies would you employ to help this team resolve their conflict and build a strong team?
5.What specific training do you feel would be relevant to a project manager? How might one obtain that training?
6.As a project manager, how would you schedule projects and establish timelines
7.As a project manager, how do you work with customers, sponsors, and stakeholders on a project?
8.As project manager, you may need to delegate tasks. How do you define delegating? Why is delegating important for project management? What are the potential consequences of not delegating?
Category: Management
Understanding Cultural Dimensions in Global Leadership
Background
The terms “international,” “multinational,” and “global business” are often used interchangeably; however, there are differences among these terms. Multinational Corporations (MNC) have facilities and assets in at least one country other than their home countries. They adjust their products (i.e., goods, services, and ideas) to each local market. Global companies in several countries promote and distribute the exact image/brand in all markets. Still, managing in either form of international business requires understanding the political, cultural, economic, and regulatory environment of the countries where they operate. Also, it is important to know how people are different in each culture. The cultural dimensions of humane orientation, individualism/collectivism, and others are key to understanding people as part of your work as a leader and a manager.
Instructions
After reviewing the learning materials for this week, select three countries from three different parts of the globe (e.g., North America, Pacific Rim or Colony, Europe). Prepare a report that includes the following:
Briefly introduce the importance of understanding cultural dimensions in global leadership.
Compare and contrast the three countries based on cultural dimensions. Discuss challenges and considerations to accommodate operating and producing goods and services during a global health crisis.
Explain how you would manage a typical work situation (choose a work scenario that you are familiar with that might include training, general supervision, etc.) regarding each of the three cultural dimensions within the countries identified earlier.
Use what you learned from the Week 1 self-assessment to discuss how your leadership strengths and limitations would help or hinder your approach to managing the situation described earlier.
Strategic Management Concepts and Applications
Based on reading and understanding the basic concepts of strategic management in Chapter 01, answer the following:
Q.1What is strategy formulation? Explain your answeralongside a discussion of mission, vision and objectives of a local/ international company.(4 Marks)
Q.2 What are benefits of strategic management for market competition? develop a discussion of these benefitsalongside a local/international example of a company.(3 Marks)
Q.3What is the impact of sustainability on business practice? Discuss with a suitable example.(3 Marks)
Q.4Define strategic flexibility and explain its implications. Why is organizational learning important to the long-term development of strategic flexibility of organizations that intend to enter overseas markets?(5 Marks)
Use concepts from the Chapter in your textbook and at least three relevant academic sources to support and develop arguments for your answers.
Differences Among Creativity, Innovation, and Entrepreneurship
Textbook:-
Scarborough, N.M. & Cornwall, J. (2015). Entrepreneurship and effective small business management (11th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN: 9780133506327 (print); 9780133508239 (e-text).
PART (A):
1. Explain the differences among creativity, innovation, and entrepreneurship. Why are creativity and innovation so important to the survival and success of a business?
2. describe the role of the following groups in entrepreneurship: women, minorities, immigrants, part-timers, home-based business owners, family business owners
PART (B)
Choose one local small business and answer the following questions:
A. Scope and type of business (3 Marks)
Business idea: what is the big idea? Is it a product or a service? What makes this idea different?
Mission Statement.
Companys short-term and long-term goals and objectives.
B. Business Philosophy (3 Marks)
Describe the most important company strengths and core competencies: What factors will make the company succeed? What do you think the major competitive strengths of this company?
Risk Assessment: Evaluate the strengths and weaknesses of this business using SWOT.
Products and Services (3Marks)
Briefly discuss the products or services.
Size of business: how many employees? How many offices and retail facilities?
Important Notes: –
Support your answers with course material concepts, principles, and theories from the textbook and scholarly, peer-reviewed journal articles etc.
Significance of Organizational Learning in Developing Strategic Flexibility for International Market Entry
Define strategic flexibility and explain its implications. Why is organizational learning important to the long-term development of strategic flexibility of organizations that intend to enter overseas markets?
Impact of Sustainability on Business Practice
What is the impact of sustainability on business practice? Discuss with a suitable example.
The Benefits of Strategic Management for Market Competition
What are benefits of strategic management for market competition? develop a discussion of these benefits alongside a local/ international example of a company.
Understanding Strategy Formulation: Mission, Vision, and Objectives What is strategy formulat
What is strategy formulation? Explain your answer alongside a discussion of mission, vision and objectives of a local/ international company.
The Role of Innovation and Leadership in Global Strategy
In a one-page journal, address the following questions:
How is innovation a key concept in strategy for any global firm? (You may use the global firm you selected in Unit III as an example.)
What are at least two types of innovation? How are they different?
What is the role of leadership in innovation?
Apple Inc.: A Strategic Analysis of Global Operations
Selected a firm with global operations and discussed the key points from its global strategy and your perceptions of the firm.
The firm used is Apple Incorporated
For this assignment you will follow the strategic management process by performing an environmental scan (analysis) of the firm selected in Unit I. Address the following prompts within your assignment:
Perform an external environmental analysis of the firm:
-Macro-level PESTEL analysis
-Industry environment: Porters five forces
-Competitive environment
-Strategic group analysis
Perform an internal analysis of the firm using the resource-based view:
-What are the firms resources, capabilities, and competencies?
-Does the firm possess valuable, rare, costly to imitate resources, and is it organized to capture value from those resources: VRIO analysis?
-What role do leaders play in driving innovation?
Analyze the firms current business-level and corporate-level strategies:
-Business-level strategy: product market positioning
-Corporate-level strategy: diversification
-International strategy: geographic scope and mode of entry
-How are these strategies being implemented? Examine how the firm incorporates sustainability into its planning.
-How does innovation drive strategy and contribute to competitive advantage?
Analyze the firms performance:
-Use both financial and market-based measures.
-How does the firm compare to its competitors as well as the industry average?
-What trends are evident over the past 3 to 5 years?
-Consider the perspectives of multiple stakeholders internal and external.
-How does the firm possess a competitive advantage? How can it be sustained?
Be sure to include an introduction and a conclusion.