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Recommendations to Harold Wallace, President and Chairman of the organization will be formulated, in an effort to begin the process of restructuring the company for development and growth. Finally, a description of how to educate a manager to manage an organization as it evolves over time from an entrepreneurial structure to a more complex structure will be discussed.
Plastics, Chemicals and Electronics. In addition, Harold Wallace serves as the Chairman and President of the Wallace Group and appears to be controlling all of the three entities.
Wallace thinks the issues within the organization revolve around a personnel problem and how people are managed. While his assumption is partially correct, there are other factors contributing to this problem. First of all, Mr.
Wallace is not a well thought of individual. There are employees who want to see him fired. The top managers are not listening to each other in terms of the issues they are facing within their individual departments, and in turn Mr. Wallace has not listened to his managers and does not appear to take any of the employees seriously.
Most importantly, the company is not being managed for or open to change and growth.
This is reflected in Wallace's dependency on defense-related contracts, in the financial highlights listed in the study for the last two years, and in the focus on cost concerns when ideas are presented for changes to the organization.
Additionally, the organization lacks a human resources management structure and suffers from managers who have not been trained, poor recruitment and retention programs, inadequately defined hiring practices, insufficient union negotiating representation, and a number of other issues.
There appears to be very little flexibility in the organizational strategy.
Wallace The Wallace Group needs to have its organizational structure that is changed inside out to create an environment that will attract, motivate and retain top-quality employees. The plan for change should provide strong evidence that the change will make a very significant improvement in the company's competitive position.
The recommended strategy for Mr. Wallace to achieve this goal is listed below in order of priority: This should begin with the VPs, then the Directors, and so forth for each department.
Is it functional, departmental or matrix? Examine market reports and competitors' k reports to determine: Is the company's product and its marketing superior or inferior to that of competitors?
Is the production of the organization more or less cost-effective? What competitive strengths and weaknesses can be identified in the existing system?During the evaluation of the Wallace Group, it has come to my attention that several key factors are obstructing the growth of the company.
The main issue in determining how these factors can be changed is by remolding the company outlook. The Wallace Group Case Study Introduction This paper will address the most important problems facing The Wallace Group.
Recommendations to Harold Wallace, President and Chairman of the organization will be formulated, in an effort to begin the process of restructuring the . A skeptical look at the welter of nonsense, misinformation, and disinformation surrounding the murder of JFK.
Debunks various myths. + free ebooks online. Did you know that you can help us produce ebooks by proof-reading just one page a day? Go to: Distributed Proofreaders. During the evaluation of the Wallace Group, it has come to my attention that several key factors are obstructing the growth of the company.
The main issue in determining how these factors can be changed is by remolding the company outlook. Read articles, watch videos and discover stories behind Museum specimens, collections, exhibitions and scientific work.