Failure of the project - Essay Example

Add to wishlist

Summary

At the beginning of the case, FoxMeyer took advantage of the technological development in quest of improving its operation, extending exceptional customer service, reducing costs, and boosting efficiency. However, these goals did not materialize for various reasons.
…

Download full paper File format: .doc, available for editing

GRAB THE BEST PAPER93.3% of users find it useful

Read Text Preview

Subject: Business
Type: Essay
Level: High School
Pages: 3 (750 words)
Downloads: 2
Author: trompayana

Extract of sample "Failure of the project"

Download file to see previous pages

Without the help of each group in the company any effort geared to boost the performance of a firm is set to fail. Laying off the experienced staff members and replacing them with temps. This is one of the worst decisions that the company made. Though the company will eventually lay off its entire experienced staff member due to mechanization, the company should have done this gradually in order for the staff to be familiar with the new system. Replacing experienced staff with temps became detrimental as these do not have knowledge on the operations and were probably not given training.

Extremely low bids for projects. The company felt very secure in their new technology that even though their decisions would eventually led to the accumulation of huge losses, they still push through because they are desperate for new clients and deals and at the same time hoping that that these losses will be recovered by the new system. Company's reluctance to hear about problems regarding SAP. As the management became confident that SAP will be the cure of their present problems, they were not able to come up with contingency plans to answer what if situations.

This implies that the management was not able to know the possible pitfalls in the system which needed to be addressed. Overlooked customer. . As the customers were not served properly with the new system, its performance and overall image in the community suffered. Aside from these managerial decision pitfalls, the company's external environment also contributed to its demise. The bankruptcy of its largest customer Phar Mor, Inc. also became a significant factor.2. Who was responsible' For example, what role did FoxMeyer's information technology group play in the failure' As described above, the management team of FoxMeyer largely contributed to the fall of the company due to the decision it implemented.

The information technology group can also be responsible as it appears that it had not thoroughly determined the feasibility of using SAP in the company. Also, as problems were not identified in the new system, possible solutions were not laid out in response to problems encountered in the implementation. It is also worth mentioning that the company became nearsighted and was not able to apply the new technology at the right time. The case exemplified that the whole company is not yet ready and was not made ready by the management in adopting a more advanced technology to aid it in its operation.

...Download file to see next pages Read More

Cite this document

APA
MLA
CHICAGO

(“Failure of the project Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from https://studentshare.org/business/1525473-failure-of-the-project

(Failure of the Project Essay Example | Topics and Well Written Essays - 750 Words)
https://studentshare.org/business/1525473-failure-of-the-project.

“Failure of the Project Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/business/1525473-failure-of-the-project.

Cited: 0 times

CHECK THESE SAMPLES OF Failure of the project

IT Project Implementation Failures

One of the major reasons that affected the Failure of the project could be that the project ran out of budget to be controlled.... Another most important factor, which literally led to the Failure of the project, could be the time overruns.... Lastly one reason regarding the Failure of the project could be the lack of candor for the project.... An initial project plan was designed with the budgeted requirements needed for the implementation of the project....

2 Pages (500 words) Essay

Effective IT Project Management

Successful project managers should ensure that they manage resources, time, scope, and the finance of the project efficiently (Lock, 2007).... The scope of the project involves the objectives of the project and the budget in terms of money and time for achieving the stated objectives (Rosen, 2004).... The board of directors should ensure that they appoint the right blend of skills for the project managers to execute certain projects....

6 Pages (1500 words) Case Study

Failed IT Project

The decisions taken at various stages of the project may aid in the success of the project or lead to the Failure of the project.... Simplicity facilitates the ease of implementation of the project.... In addition, monitoring the functionality of the project is far much easier (Smite, Agerfalk & Moe, 1998).... However, in undertaking the automation of the DIA ABS there was not modularity in the activities of the project.... … project implementation faces many hurdles....

5 Pages (1250 words) Research Paper

Recycled Blackberry Phones

Moreover, the other factors comprise definition, sequencing of activities along with estimation of the required resources, development of a Human Resource (HR) plan and identification of the criteria for success/ Failure of the project.... Moreover, another plan concerning HR will be developed along with the broad criterion that will be adopted for identification the success or the Failure of the project (BlackBerry, 2013; Cleland & Ireland, 2006; Verizon Wireless, 2013)....

6 Pages (1500 words) Assignment

Project Management and Failed Projects

he major reason for the Failure of the project was cost overrun.... owever, a much deeper analysis of the issue would suggest that there were other factors which were directly responsible for the Failure of the project.... This fact clearly suggests that at the time of procurement, project managers did not clearly defined the exact needs of the project.... This resulted into the cancellation of the project as well as it cost a lot of money to the organization because of the loose credit management as well as the wrong procurement polices because there was no clear strategy being developed by the project managers....

4 Pages (1000 words) Essay

Teamwork in companies and corporate change

For example, a manager can force his subordinates to work in a… When problem occurs, he can blame the individuals for the Failure of the project.... When problem occurs, he can blame the individuals for the Failure of the project.... On the other hand in teamwork, decisions are taken after the team meeting and therefore it is difficult for the managers or the leaders to blame the i9ndividuals later for the Failure of the project....

2 Pages (500 words) Research Paper

The Project Management Leadership

In the paper “The Project Management Leadership” the author discusses the success or Failure of the project manager's performance, which depends largely on several important factors.... hellip; The author states that the project manager must be knowledgeable enough about the proper application of the project management concepts beforehand, the scope of the project, as well as the effective planning strategies that his or her team may implement in order to achieve project success....

2 Pages (500 words) Essay

Importance of Having a Risk Plan

Thus, absence of such plan leads to the Failure of the project since at times of emergency the team will have no strategic actions to perform (Kerzner, 2009).... After identification of the uncertainties, they are evaluated and respective actions are developed so as to reduce the chance of the Failure of the project.... The success of the project is also dependent on the risk plan which when made correctly indicates all the weak points of the project that can cause obstacle in the due course of the processes....

3 Pages (750 words) Assignment