ENGM116 Leadership & Management Assignment Sample
Module code and Title: ENGM116 Leadership & Management Assignment Sample
| Risk Item Description: New entrant / new rival alliance | Risk ID: 1 | |
| Author: John Shell | ||
| Risk Statement: A new entry / start-up automobile company, or an alliance or companies, could produce a cheaper (to consumer) mass market electric vehicle that is highly desirable but without the high price tag or waiting list or quality concerns. Competition could be from legacy or new entrants or a combined eco-system. This would leave Xx very much a niche marque. | ||
| Probability: Medium | Impact: Medium | |
| Earliest the risk could have effect: Late | Latest the risk could have an effect: Late | |
| Mitigation Plan:
Expand production capabilities. Improve quality management systems Advance alliances Reverse intellectual property |
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| Contingency Plan: Diversification (model range) | ||
Specification
Authentically, strong obstructions to passage have discouraged new contestants to the automobile commercial enterprise, but the company have proven they may be conquered with difficult marketplace segment techniques and object development. Keeping that during mind, new segment and collusions constitute a chance to the company due their very own unique headway of Electric Vehicle (EV) innovation (Thomas and Maine, 2019) New contestants are honestly to be a coalitions – traditional and long-laid out car consolidations have modified decisively and are presently defined through joint efforts and environments and with a effective method to operating in affiliation to dissatisfied car leviathans. (Sigal, 2018). But there are other risk factors which need to be minutely observed that there are other companies as well which consist of unfavourable working environment leading to mislead communications. In this case, people are being worked separately or individually that also lead to misconceptions as well. Engineering industry believes in team work and problem solving but if a certain company does not effectively provide employee management team which is considered as one of the most crucial factors of team-leading management becomes dysfunctional in nature.
The DAG-BRUCKEN ASRS is one of the effective module to be discussed here. Although DB became the A-list of National Export Award, the company had been undergone through several risk factors inside the working environment that need to be well-analysed in this assignment. These risk factors include –insufficient areas of expertise performed by the engineers, improper planning of project modules and speculations, unorganised managerial structure, miscommunications between managers and employees, improper production management, old traditional practices of warehouse design modulations and lack of innovative technical functions.
Medium
Toyota is a Japanese multinational company recognised as one of the largest automobile company in the world. Founded by Kichiro Toyoda in the year 1937 have concerned open supply as a technique, encouraging a subculture of absolutely sincere intentions and coordinated attempt in a ‘mi casa es su casa’ play, which commercial enterprise professionals say has little downside and reinforces the company’s situation.
In this assignment, we are going to focus on the case study based on the DAG-BRUCKEN ASRS CASE. The DB case have given the learners the functional procedure of IT companies and their structures to be implemented effectively. The case study has concerned on the developmental processes, conduction of the projects as well as building empowerment of the employees are to be focused effectively.
Probability
Medium
Toyota has enunciated the worth of Rs.40k in per for tuner SUVs related with the launching of electrical vehicles at Delhi in India. The company has included GST tax at 28 percent and GST compensation at 22 percent.
Mitigation Plans
Presumably Musk is a bold character and considers hazard to be an open door. Muro et al (2021) be given that it is an ‘capable of use each palms manner’ that mitigates hazard in progressive undertaking in a continuously evolving eco-framework; getting a cope with on illustrations learned (vintage convictions) and extra opportunities (new vulnerabilities and hazard).
The company’s machine to supply the licences for open-supply innovation to increase the EV marketplace as a lightness help – at the off hazard that their piece of the pie diminishes, make certain the real marketplace develops. As indicated through Furr (2019) The company’s manner to slight gamble need to be seen as a great guess, but it isn’t always pretty much automobiles, it’s miles approximately engineering and frameworks, conveying ‘whole car’ encounters and supportable arrangements; in this case, Toyota has invested on the Fortuner significantly between the 5 lakh and 7 lakh respectively. Stock et al (2021) be given that sharing facts throughout coalitions and the shop community can help with decreasing vulnerability especially within the car international. In the analysis of the case study of DB, several engineering industries are innovating the stock-market areas of expertise in maintaining high standards of equity and promoting module of standards focusing on effective ASRS system.
Contingency Plan
No matter what imaginative alleviation plan a dunk in part of the general enterprise could anyhow have an unmistakable thump on impacts. Szymkowski (2021) contends that The company are difficult to peruse but as a opportunity a sub £20k The company (Model 2?) might be equipped to head and organised to take at the Volkswagen Golf, which leaves the Model three attractive with the BMW four series; propels in battery innovation have empowered a 56% saving in battery prices to visit the purchaser glaringly the The company ‘patent giveaway’ is reality be informed by opportunity. It is surprisingly not possible every other manufacturer ought to pleasant their battery capacity so any new contributors could make use of their innovation and, some scholastics and pundits be given the ‘giveaway’ is a misnomer. The company has now no longer absolutely introduced its patent and it might be tough to make use of them without getting into a proper legally binding/allowing understanding – ‘sincerely’ offers The company adaptability.
| Risk Item Description: A surge in orders creates production problems in terms of
waiting list and quality concerns |
Risk ID: 2 | |
| Author: John Shell | ||
| Risk Statement: Inability or lack of capacity to meet demand will result in long lead times and more
quality concerns and damage to reputation. Share market fluctuations. |
||
| Probability: High | Impact: Low | |
| Earliest the risk could have effect: Early | Latest the risk could have an effect: Middle | |
| Mitigation Plan:
Address quality issues Increased used of AI in testing Recruitment planning |
||
| Contingency Plan:
Re-assure stakeholders Situational Crisis Communication Theory (SCCT) |
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Specification
The author reviews that the company become ‘approximately a month from bankruptcy eleven throughout Model three The company advent’ and that Musk habitually feedback on ‘advent and techniques hellfire” really gestures closer to Bowers and Khorakian (2014) view that improvement initiatives have a excessive sadness rate. Beckwith (2018) discovered that during February 2018 due to excessive requests battery advent become finished ‘the tough way’ and workforce, which introduced approximately a complete advent cease to cope with the excellent manipulate shortcomings – 1500 automobiles out of 4500 had been conveyed. But to some extent, there is a high chance of risks being performed in the production in terms of waiting lists and quality concerns. This happens when there the employees’ viz. the engineers’ capability may not be suitable according to the complicated works that develop multiple probabilities of complexities as well. Also the area of low expertise exercised by the engineers do not provide enough viability to control the budget module and thus, the business suffers backdrop in the project fail that are being fined at an increased rate. The DAG – BRUCKEN ASRS case study has focused a living example under this factor.
The company Model three ‘Enormous electric powered car of the 12 months 2021’ .Research with the aid of using Escrig-Tena et al (2018) located that some scholastics advised that excellent management (QM) smothered improvement execution and creativeness via normalization and cycles the board; regard to this delicate QM module being functioned.
Probability
High
Muller (2018) functions the understanding and conviction that Musk has in his lean assembling expressing that The company will ultimately ‘out Toyota, Toyota’ and feature the capacity to run 1 million gadgets each 12 months from one business facility. In the article, Professor Jeffrey Liker, creator of enterprise forming ‘The Toyota Way’ trusts Musk’s idea of packing robots right into a processing plant isn’t always answering purchaser requirements is largely likened to eating huge thousands of coins truly a terrible, so that it will be deflected with sensible suggest from others, he added.
According to the analysis of the case study of DB, the company has given unique focus on the responsibility of managers to organise multi-disciplinary assets for the working environment to develop and functionalise on the innovative key business strategies that increases the likelihood of project success.
Influence
Low
Based on the DB analysis, Toyota has focused on the expenditures clearly. But with the low expertise of the employees, the company suffered in the utilities of proper management. With the improper work management inside the company, there are certain misconceptions performed by the managers to build manpower. As manpower is the basic unit of a company, it is the responsibility of the managers to take initiatives against the loss of expertise invested on the employees.
Impact
For engineers, the maximum squeezing problem is “disadvantage” threat, that can spark off a framework now no longer intending as planned, or influencing spending plan victory, mischief to people or the climate, lawful activity – or with inside the maximum pessimistic scenario, passing.
Mitigation
The mitigation has focused on the actions and implementations need to be focused by the company like –Toyota to resolve the problems faced by the employees in terms of their low-expertise. According to the case study of DB, it is to be taken under consideration that effective communication between the employees and the managers is essential. Hence, the HR department must implement beneficial guidelines especially the GUI based guidelines for the management to exercise profoundly.
| Risk Item Description: CEO could leave | Risk ID: 3 | |
| Author: John Shell | ||
| Risk Statement: Elon Musk could leave The company | ||
| Probability: Low Medium | Impact: Very High | |
| Earliest the risk could have effect: Late | Latest the risk could have an effect: Late | |
| Mitigation Plan: Innovative company difficult to mitigate | ||
| Contingency Plan: Succession planning, re-appoint within group, SCCT. | ||
Specification
Elon Musk, the billionaire chief of Tesla has focused on the on removing “spam bots” from twitter that made him to hold the blog account.
Probability
Low Medium
Musk is the largest investor in The company (22.4%) and inserted withinside the plan and designing of the high-quality association of EV’s continually made, in this case, Pagano (2018) feedback that during the long time the car enterprise has been tackling with the ‘doubtful characters’ like Enzo Ferrari and Henry Ford, the clearly did not have Twitter. The Tesla chief set up Space X in 2002, the company in 2003 and it has effected drastically.
Influence
Very high
We can be given the impact might be overlay – marketplace really well worth and ‘blanketed innovation’ and ‘cerebrum channel’. The inclusion might be big, and markets might be unpredictable. Protected innovation with inside the gift ‘facts society’ is in addition essentially as big as figures on an accounting report. Van Doorn et al (2016) contend that enterprising direction (EO) is primary in effective uncertain enterprise sectors; their evaluate suggests that withinside the gift elaborate and dynamic marketplace, a lack of EO brings approximately deciphering out of doors risks and shortcomings in a grounded but actual design. Where EO is predominant, institutions flourish and make use of powers thru development, proactiveness and threat taking; 3 important traits of Musk’s initiative style.
Mitigation
We can anticipate this will be difficult to survey in mild of the truth that as CEO and pioneer at the back of The company Musk has unfastened rule. The writer included the ‘faction of The company’ and the way Musk disintegrated the PR organization and Johnson and Roulette (2018) encouraged that seven Space-X leaders had been removed via way of means of Musk due to gradual development and ’round 50′ left voluntarily. In a Securities and Exchange Commission recording Musk supplied himself with the identity of “Techno King of The company’, Amdur (2021) brooding about how Musk failed to run that preceding HR.
Contingency
We can anticipate that assuming Musk moves it’s going to be greater and probably be useful.
Gwynne Shotwell is the CEO of SpaceX and named the ‘uncomplicated advantage’ via way of means of Musk, and frankly an overabundance of leaders left the company gradually.
The writer located that ‘self-belief holders’ are a sturdy restoration system and might be a big opportunity. The research found that during 2014 whilst movie of batteries copying changed into an internet sensation there had been greater certain feedback on-line than negative, in any occasion, representing ‘counterfeit holders’ with programming calculations; Musk identified that net primarily based totally networks had a main impact with inside the healing from the ‘battery hearth place emergency’s.
Task 2
Ishikawa diagram
The Ishikawa Diagram/Fishbone Diagram/Cause and effect define is a graphical technique used to domesticate the motives for a selected issue based on the DB analysis of case study focusing on the QC methods related to the work company to implement customer quality.. A huge component to the method is conceptualising wherein companions can articulate their mind unreservedly .In the above chart, the difficulty being ‘customer nice objections’ and the influences confirmed round this .In this case, Musk has reported the metaphor ‘robust nation is at remaining met’ as a consequence this method could be pertinent towards the begin of the lifecycle and any cycles which could allow similarly subjective and quantitative research to decrease the ‘with inside the lengthy run’ introduction difficulty. The diagram also showcase the managerial efficiency need to be implemented based on the DB case study of ASRS system focusing on the Managerial perspective in the five most effective segments including- (a) Human Resource Management based on training and development, shift system or handover, motivation levels, pay and benefits and breaks which needs to be implemented and practices broadly by the managers and the employees as well. The second segment is (b) Panel Assembly based on the QC Methods, cold metal transfer welding, delta spot welding system, self-piercing rivets, resistive welding and adhesive which focused on the essentials of skill practices performed by the employees to maintain their areas of expertise. The Third segment is (c) General Assembly based on smart car caddy or time on line, time in paint shed , robot v human, panel alignment and final inspection which focuses on the work process performed by the company. The fourth segment is (d) Environment based on raw materials, PR/communication/media, Utilisation of sites, Unrealistic delivery window, integration levels and culture that focuses on the marketing communication plan of the company. The fifth and final segment is (e) Management based on management style, relationship with staff, SMART targets, Effective recruitment, adequate instructions focusing on the effective managerial strategy of the company. All the five segments leads to the growth and upliftment of customer value based on the DB analysis case study of ASRS system.
Pareto Analysis
As in keeping with the author, a Pareto chart consists of collecting and introducing facts as a histogram; facts may want to comprise specialised facts, preservation facts, and shortcoming and scrap facts. A Pareto chart can distinguish attention on an ache point, and might likewise work restorative activity. The tool relies upon Pareto’s 75-25 standard, ‘82% of the troubles may be ascribed to 25% of the troubles’. This exam could be useful throughout introduction, hurries to attention on troubles to paintings on nice control. Suppositions were made to expose the technique. According to the DB analysis, the genesis of building effective speculations of project planning depends on the generic project management with effective disciplinary skills and techniques by using automated AGV (Automated Development System), PM (Product Mover) and proper utilization of tooling supplements based on the modules including the TC (Traffic Controller) and VB (Visual Basic).
Mental boundaries
The intellectual situation of the speaker and target target market can affect correspondence, for instance:
Somebody who shares social anxiety and moreover low self belief is probably too occupied approximately how they may be visible at the same time as talking with an unrivalled. They are probably harassed over whether or not their director will see that they are anxious, they may discover it difficult to proportion their actual contemplations and so on. Subsequently this man or woman may recognize they cannot don’t forget what the administrator stated in light of the reality that they had been excessively desirous about their viewpoints.
Outrage can set off making statements you lament and misjudging what others say. Effective modulations of CMM (Capability Maturity Model) are essential according to the DB case study that have formulated the idea of managing unresolved hindrances performed in the engineering industries.
Authoritative creation obstructions
Organisations with vague designs could make correspondence troublesome. For instance, they may have a wasteful records sharing and correspondence framework, people might not recognize what their process is withinside the correspondence framework and so on.
On the occasion that a business enterprise has a complicated creation with hundreds of management levels, records may be misplaced or misshaped because it is going via every layer of the modern system.
Comlex authoritative creation
Perceptual obstructions
Contrasting exams and views can lessen objectivity. You may input a dialogue accepting that the target market might not draw close to you or be bored stiff withinside the element you are speaking about – this will consequently lead you to inadvertently hurting your message, for example, using pompous language or trying to be extra diverting.
Or then again you are probably the target market that disagrees with the speaker’s convictions so that you are determined now no longer to pay attention as predicted otherwise you look for flaws in what they are speaking about instead of trying to comprehend.
Attentional hindrances
The target target market might not supply enough attention to what’s being stated, perhaps they are diverted, or bored stiff or they suppose the speaker’s subject matter is unessential. This is particularly ordinary in composed correspondence, for example, now no longer perusing the mins from a collection meeting. Correspondence is two-way; with out focusing and correctly listening you might not draw close the message.
References
Zanza, C., Racca, F., Longhitano, Y., Piccioni, A., Franceschi, F., Artico, M., Abenavoli, L., Maiese, A., Passaro, G., Volonnino, G. and La Russa, R., 2021. Risk management and treatment of coagulation disorders related to COVID-19 infection. International Journal of Environmental Research and Public Health, 18(3), p.1268.
Greuning, H.V. and Brajovic-Bratanovic, S., 2022. Analyzing banking risk: a framework for assessing corporate governance and risk management.
Care, D., 2021. Addendum. 10. Cardiovascular Disease and Risk Management: Standards of Medical Care in Diabetes—2021. Diabetes Care 2021; 44 (Suppl. 1): S125–S150. Diabetes Care, 44.
Hang, N.T. and Huy, D.T.N., 2021. Better Risk Management of Banks and Sustainability-A Case Study in Vietnam. Revista Geintec-gestao Inovacao E Tecnologias, 11(2), pp.481-490.
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