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Best Snacks Problem Solution - Essay Example

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Best Snacks Problem Solution Your Number January 29, 2012 Instructor Name Best Snacks Problem Solution Introduction The ability to initiate different plans and development, specifically in terms of innovation, is one which also requires various concepts and practices to be implemented…
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Download file to see previous pages The concepts and practices that are related to this are inclusive of observations, strategies and implementation of new alternatives within the company. The plan is also based on beginning to alter the practices and policies for research and development while adding in training to begin altering the organizational culture. The ability to develop this particular plan for Best Snacks is one which then requires movement into the culture and production based approaches within the company. By strategically implementing this perspective, there will be the ability to look into total quality management alternatives. Describe the Situation Issue and Opportunity Identification 1. The first issue is with Best Snack moving below other competitors. It is now slipping past other competitors as well as smaller businesses that are moving forward with new innovations. 2. R& D is no longer performing to the same measures that it did, leaving the product development behind from past years. 3. Marketing methods with old and new products are not being implemented outside of the expectations from the past development. 4. The organizational culture is not inviting in as many new options for product development because of the stability of products that are already available. 1. The first opportunity is to begin working toward innovation through the organizational culture, allowing new options and development to be made available. 2. Ability to increase the capacity for creativity within the company, allowing new products to be developed. 3. More opportunities for employees to change their role while growing an alternative organizational culture. 4. Training and development that will lead to more of a return of investment. Stakeholder Perspectives and Ethical Dilemmas The stakeholder perspectives are currently standing in a strong position because Best Snack has been a leader in snacks for 150 years. This is combined with the strong standing which remains with the company in the current position. However, the danger is that the company is falling to other competitors. From the stakeholder perspective, this becomes a threat to getting a return on investment while having the same strength with the investments which they are making. To change this, communication, strategies and implementation to remain ahead of other competitors is required, specifically to begin changing the skills, innovations and products within the market. While Best Snack needs to incorporate the new innovations, the approach needs to be one which is low risk, specifically so stakeholders will continue to invest and see a profit margin. The ethical dilemmas which are associated with the current approach is based on the risks that are associated with the training, development and alterations with the current culture. Changing this too much or taking risks which are not consistent with the needs of the company can also lead to the wrong developments and initiatives and may create a lack of the right approach and investment to the current status. Making sure there is an approach that is consistent and which validates the changes and initiatives will also ensure that stakeholders and others have the right response while being clear of the changes being made. Frame the Right Problem The problem with Best Snack is based on the lack of innovation which is currently with the company, specifically because of the longer period of time that the same products have ...Download file to see next pagesRead More
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