Discuss the role of strategic management.

Compare mission, vision, and value statements.

Discuss the types and purposes of goals and plans

Describe SMART goals and their implementatio

• 4.2 Action Required:

The Nike ?Swoosh? Logo is one of the most famous corporate symbols in the world. Nike Inc. is an organization that people look at as a leading sport brand and a business that encapsulates US Corporate power & globalization.

• Nike Inc. mission statement has two elements.

To bring inspiration and innovation to every athlete in the world.

• If you have a body, you are an athlete.

4.3 Test your Knowledge (Question):

• Explain the reason/s for Nike Inc. to have a mission statement.

Internal processes of a company contribute to the company’s overall effectiveness. Identifying ways to improve internal processes helps build a highly efficient organization. Root causes need to be identified. Methods to identify root causes may require substantial analysis or be apparent based on a major problem within the organization.

For example, review the assigned article, “Inside Chipotle’s Contamination Crisis: Smugness and Happy Talk About Sustainability Aren’t Working Anymore,” from Bloomberg Businessweek. Research several other sources regarding Chipotle’s food contamination crisis. Create a flowchart of the original supply chain and how Chipotle supplies each of the restaurant chains. Provide your own commentary. Create another flowchart that suggests a new way to supply the restaurant chains.

Review another restaurant chain that does not currently have a major public problem but would benefit from evaluating its manufacturing process to improve competitiveness. Specifically, provide recommendations on how to improve the company’s current supply chain. Create a flowchart to illustrate your recommendations. Provide a summary of how you came to your recommendations. Include any formal strategies and informal thought processes you used to reach your conclusions. Provide rationale for either using or not using Six Sigma methodology, ISO quality benchmarking, lean supply chain processes, or TQM.

I’m working on a management discussion question and need an explanation and answer to help me learn.

Week 4: Interactive activity

Rate the culture of your school on the 10 dimensions.

4.3 Test your Knowledge (Question):
 

Which dimensions were easy to evaluate, and which were not??

How strong is the culture of your school?

What functions does the culture serve for your school?

Do you think the culture of your school is best suited to maximizing your learning? Why or why not?

What kind of projects would be easy to implement in your school and what kind of projects would be difficult, given the structure and culture of your school? Explain your answer.

I’m working on a management question and need an explanation and answer to help me learn.

Define different perspectives and knowledge of process-flow analysis, process design

solutions, lean system, quality controls, Inventory control system and green systems

• Implement technological tools in production models like forecasting, lean

manufacturing and world-class manufacturing (WCM) to enhance the productivity

and communicate with other persons involved in the operation and also review their

contribution to the profit.

6.2 Action Required:

6.3 Test your Knowledge (Question):

Q. What are the principles of Quality Management?