Saturday, May 26, 2007

MBA 755 – Reflections on Module 2 Concepts.

Long Term Trends
A long term trends that will significantly impact Chrysler over the next three years will be fuel efficiency. It is certain that Chrysler, as well as their competitors must find a way to create more fuel efficient cars to meet the market demands. Another trend to impact the automobile industry would be governmental policies for fuel emissions and safety standards

Force Field Analysis
I could use the force field analysis to determine the pros and cons of a renewal strategy by identifying the needs of the consumer and the industry trends to implement a strategy for renewal. The knowledge of the driving and restraining forces will support a new plan to implement new programs or to abandon old ones.

Urgent/Important Organization Renwal
One item that would show up as being urgent would be cost-efficiency. Locking into the cost-barriers helps the leader to identify restraining forces that may impact their decisions for renewal. An important item would be optimizing faculty and support staff by evaluating job duties or restructuring of class assignments to determine a more efficient workforce.

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