Thursday, February 6, 2020
Prepare a proposal to the CEO of ZExpress Coursework
Prepare a proposal to the CEO of ZExpress - Coursework Example They need to understand their role and others as well to put the overall administration in perspective. Itââ¬â¢s only then they shall optimize the resources and take full advantage of the M&A which has taken place. If there is a communication gap between management or structural deficiencies, it will directly effect the business and hence its profitability. SMART objectives Specific: What exactly do I want to achieve Create a structure which is acceptable to all top management of merged companies. Who reports to whom? Why? Who is senior to whom? Why? Is single reporting structure better or should there be dual reporting? How about dotted reporting? Should companies still consider their staff separate from other companies? These are few of the questions which can be asked in order to achieve this project, because I believe that its only a healthy management team which can fulfill your target of increasing revenue and decreasing costs by correct delegation and reporting. Measurable: How will I know I have got it? Seamless flow of administrative instructions with 99% accuracy will be a point where one can say that the structure is running smoothly. There can be staff members identified from the top management who shall be responsible in implementing the whole plan and giving feedback to overall management team about its progress and improvements required if any. Since time in hand to revamp the whole system is only 6 months, keeping in mind the Bonsai business, this needs to be done on priority and within 6 weeks or so. Achievable: How do you know you are capable of reaching this goal? A step is already taken by identifying the CEO, 3 VPs and 3 GMs all from different erstwhile companies. The rest of the structure should fall in place whereby the remaining Ex GMs and VPs and COOs of the merged companies find their best fit in the organization. There are innumerable examples of good and bad management structures available by research on other companies where one can learn from in case of such M&As. Hence its certainly achievable, but its success depends on its planning and execution. Realistic: How realistic is this goal? Putting a structure in place for better organizational management is achievable with correct information and cooperation from all team members. This is a prerequisite and there is no question of it being non realistic. Timed: How long will it take me to reach this goal? Time is of essence here, but that should not lead to a haphazard structure or strategy. Huge effort has to go into this, within a significantly small time frame. 6 weeks is what I have set with scope of 2 weeks delay. This is assuming that its not only the restructuring work being carried out but other projects being implemented side by side in operations, logistics and administration. Contribution to your goals This project will be the hidden secret to your success if its well executed. Team work specially between staff of different merged companies is key to success of the united entity. Your goal to make UPE a company which is most exciting to your staff and suppliers and eventually become best distribution and Logistics Company worldwide can be possible if this goal is achieved in early stages of new company. It is these joint teams which will enable the company to be agile and responsive to customerââ¬â¢s business needs across the world. Challenge 1 - Relatively less cooperation from management team of either of the merged com
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