Earn in Dollars

PaidVerts

Principles of Management (MGT503)
Dear Students,
This is to inform that Assignment No. 2 will be opened on 31st January, 2014 and due date of assignment submission will be 06th February, 2014.
A 24 hours extra/grace period after the due date is usually available to overcome uploading difficulties which may be faced by the students on last date.  This extra time should only be used to meet the emergencies; and above mentioned due date should always be treated as final to avoid any inconvenience.
PRINCIPLES OF MANAGEMENT (MGT503) ASSIGNMENT NO. 02
(NON-GRADED)
OPENING DATE: 31ST JANUARY, 2014
DUE DATE: 06TH FEBRUARY, 2014
MARKS: 10
Scenario:
‘Technology Mind’ is a manufacturer of computer accessories and acquires 15% of the market share. The newly appointed CEO, Mr. Fahad thought of increasing company's presence in the market and aimed to achieve annual sales of Rs. 0.5 billion by the end of 2015. In order to achieve this target, he planned to reposition the brand, expand the range of distributors, improve customer management and introduce the concept of Learning Organization into the workplace. To lay the foundation of Learning Organization, Mr. Fahad worked out a complete roadmap. He decided to adopt centralized decision making system in order to ensure organization wide unity and formalized reporting system. Functional structure is advised for the organization so that the target of converting an organization into an adaptive and learning system would be achieved.
Question:
Critically evaluate the steps taken by Mr. Fahad to transform ‘Technology Mind’ into a learning organization. Provide solid reasoning in favor/against the initiatives.

 
Top