Management Improvement Plan for a Struggling Company Submit assignment as a Word document with double spacing, 12-point Times New Roman font, and one-inch margins.
Select a struggling company (Toyota). You will analyze the company’s ineffective implementation of the fundamental principles of management. Once you analyze the struggling company, your task will be to make recommendations for a management improvement plan explaining how the company’s management team can improve in areas such as decision making, employee performance, and sustainability.
Demonstrate your mastery of the following outcomes:
- Analyze how an organization’s goals influence organizational planning that informs strategic decision making.
- Analyze the functions of management and ethical principles for executing effective decision making in organizations.
- Apply management techniques that ensure the continuous improvement of personnel and business processes to measure organizational performance.
- Apply communication techniques aimed at increasing employee performance, thus achieving organizational goals and objectives.
- Illustrate the important connection between management and organizational culture.
Prompt
The general manager has reviewed your analysis of a successful company (Apple) and was impressed with your work. As a result, you have been asked to provide recommendations for a management improvement plan for a struggling company. (Toyota)
You will focus on a struggling company (Toyota) and make your recommendations in a management improvement plan. Your recommendations will show how management performance, employee perception, and organizational success intersect. Resources related specifically to the struggling companies listed are provided.
https://www.toyota-global.com/company/
https://www.researchgate.net/publication/265103744_What_Really_Happened_to_Toyota
https://www.npr.org/templates/story/story.php?storyId=123519027?storyId=123519027
Specifically, the following critical elements must be addressed:
- Profile of a Struggling Company
- Assess how the current management planning practices interfere with or prohibit the organization’s ability to optimally function. You could consider using the fundamental principles of management in your explanation.
- Describe how the employees’ perception and organizational culture have been impacted by management’s performance. You could consider the connections between management and its impact on culture.
- Explain how communication has played a part in the management’s inability to increase employee performance. You could consider the connections to specific communication barriers that exist within the organization.
- Management Plan Recommendations: For this section of the summative assessment, you will make recommendations for the management improvement plan.
- Describe how implementing the fundamental principles of management will help to improve the management process within your company. You could consider the factors that interfere with or prohibit effective management.
- Identify how aspects of the fundamental principles of management will be implemented and communicated to all personnel within the company. You could consider thinking about this from a training standpoint.
- Describe how the application of the fundamental principles of management will lead to increased employee performance. You could consider what needs to improve the most to help increase employee performance.
- Explain how applying ethical principles to the fundamental principles of management would be sustained and monitored by the company. You could consider using the rational decision-making model to show how this process can help with ensuring long-term success.
III. Conclusion: For this section of the summative assessment, you will provide a summary of your recommended changes to the management improvement plan using examples revolving around the fundamental principles of management.
- Summarize how these management changes, based on the fundamental principles of management, will help to ensure organizational success. Be sure to provide examples of how these changes will have the most direct impact.
