The Management in Musimax - Essay Example

Project Management Q1). In Musimax the company deals with various unique musical instruments such as; guitars, drums, trumpets and flutes. The management has a very profound knowledge about the above named products. It has done this by positioning its products since it is important for the business to rightly frame their product image to attract its targeted customers. For example the firm’s drums have been framed in a unique image. They have been painted in rainbow colours so as to attract drama festival clients. The management has also put in place many projects that will help develop this work. According to Quinn a company should first of all define and map the various types of development projects. The management in Musimax will have to invest in the commercial and research development projects. So the management will have to put in place cost reduced versions of the existing products. The management will also have to set aside funds for research so as to create the know-how and know-why of new technologies and materials that will eventually lead into development of these products (Quinn, 1985). Q2) .If the management actually want to cut costs by 40% in the next two months it should focus on the following solutions which will be beneficial. According to Macgregor and Carlisle, the management should stop making all the operating decisions for themselves. Instead the management should hold weekly meetings with its subordinates and be informed of what they are doing and how they are dealing with arising issues. Using the above it will be easier to appraise their managerial and technical abilities. Actually this will make them know how to solve problems on their own and it will help save time and thus the company will generate more income probably in less than two months. The other project that the management should focus on in order to cut down costs is always train their employees and making the workplace a learning environment. According to Macgregor when employees are well equipped with knowledge then they will be able to solve problems quickly and thus avoid wastage of time. They will also be willing to assist other employees when there arises a problem since this will eventually be beneficial to them. It will help a lot especially when there are vacancies they will be the appropriate candidates to fill the gap instead of wasting money looking for new staff. If the management promotes it own existing staff to fill certain vacancies then it will save a lot on advertisement costs and all the costs required in employment of new staff. The idea of making the existing employees to fill the available vacancies will also motivate them and thus increasing the performance of the firm and finally reducing costs. The above projects will be successful assuming that there is availability of training resources in the organization. Also the management should be will to implement this within one month. The existing employees should also be flexible and willing to learn very fast. (Carlisle & Macgregor, 1976). Q3). .The management should focus on the following solutions which will help the firm find exactly where the problem lies. According to Macgregor there should be negotiation between the management of the volunteer organization and its members. If there seems to be a problem in the top management there should be an open discussion with willingness of both sides to adjust their previous positions. When the management does this it will pave way for investigations and therefore know where the problem is with the firm’s finances. The willingness of members to adjust their previous positions will surely build trust among the group members and the management. Actually this will help improve the performance of the organization thus attracting more members to join the institution and this will improve its public image (Carlisle, Macgregor, 1976). Q4). SOW: Create a new rustic Resort on a lakeshore in Minnesota that contains four cabins and a main lodge on the site. Objective: Designing and building a new rustic resort on a lakeside in Minnesota with four cabins and a main lodge on the site to offer the best holidays and recreation for tourists. Specifications: 1. Design plan (Structure) 2. Tools 3. Bamboos 4. Rammed earth 5. Timber 6. Demolition debris 7. Tree saplings 8. Floor tiles 9. Tables and chairs 10. Nails 11. Hammer Work breakdown structure (WBS): Level 1 Level 2 Level 3 Level 4 1. New rustic resort with four cabins and a main lodge 1.1 Initiation 1.1.1 Idea 1.1.2 The organization 1.1.3 Understand Project need 1.1.4 Approval 1.2 Planning 1.2.1 Preliminary Statement 1.2.2 SOW 1.2.3 Specifications 1.2.4 Diagrams 1.2.5 Organize team 1.2.6 Analyze risk 1.2.7 Task duration 1.2.8 Budget 1.3 Execution 1.3.1 Confirm all the requirements 1.3.2 Set background 1.3.3 Set floor tiles 1.3.4 Set poles 1.3.5 Set bamboos 1.3.6 set timber 1.3.7 Set Demolition debris 1.3.8 Set tree saplings 1.3.9 Set tables and chairs 1.3.3.1 Launch 1.3.3.1 Nails 1.3.3.2 Hammer 1.3.3.3 Bamboos 1.3.3.4. Rammed earth 1.3.3.5. Timber 1.3.3.6. Demolition debris 1.3.3.7. Tree saplings 1.3.3.8. Floor tiles 1.3.3.9. Tables and chairs 1.3.3.3.1 Launch 1.4 Control 1.4.1 Project management 1.4.2 Control the budget 1.4.3 Control the risk 1.4.4 Control the time 1.4.5 Control the workers 1.4.6 Update the plan 1.5 Closeout 1.5.1 Record 1.5.2 Document 1.5.3 Evaluate the project 1.5.4 Serve the people The project will consider using the above materials. The materials are of high quality and have proven to be durable. As the project aim is to offer the best quality service to tourists on holidays and recreation, bamboo type of materials were selected to cover the walls. Tree saplings are used for roofing to allow for sunlight to the people in the resort to allow them have the best comfort. The competitiveness of any business highly depends on the products offered and for these reasons, best quality materials were put into use to give quality services. Satisfying the customer is the main objective of any business before making profits. The resort is forecasted to offer satisfaction to its customers around the country and the whole world (Wheelwright & Clark, 1992). References Carsile, A.E & Macgregor. (1976). Organizational Dynamics. Quinn, J.B. (1985). Managing Innovation: Controlled Chaos. Harvard Business Review. Wheelwright, S.C, & Clark, K.B, (1992). Creating project plans to focus product development. Harvard Business Review. Read More