100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
MNG3702 ASSIGNMENT 2 2024 SEMESTER 2 Resource allocation is an important aspect in strategy implementation.” Explain the strategic project management framework as a resource allocation framework that can assist a company to align its projects and progr$2.87
Add to cart
Strategic Implementation and Control IIIB (MNG3702)
Essay
MNG3702 ASSIGNMENT 2 2024 SEMESTER 2 Resource allocation is an important aspect in strategy implementation.” Explain the strategic project management framework as a resource allocation framework that can assist a company to align its projects and progr
49 views 0 purchase
Course
Strategic Implementation and Control IIIB (MNG3702)
Institution
University Of South Africa (Unisa)
Book
Practising Strategy
MNG3702 ASSIGNMENT 2 2024 SEMESTER 2
Resource allocation is an important aspect in strategy implementation.”
Explain the strategic project management framework as a resource allocation framework that can assist a company to align its projects and programmes with its formulated strategies. I...
BMZ ACADEMY 061 262 1185/068 053 8213/0717 513 144
, BMZ ACADEMY
Assignment Question 1
“Organisations will not survive over the long term without the ability to learn and adapt
to changing environments.” There are various mechanisms that organisations can use,
in combination, to become a learning organisation. Apply any FIVE of these
mechanisms to the Michelin company throughout its history of publishing the Michelin
guide. In your answer, you need to identify the mechanism and then apply it to the
company. (10 marks, of which one mark is awarded for correctly identifying the
mechanism, and one mark is awarded for the correct application of the mechanism to
the company) [10 marks]
Leadership commitment to learning
Michelin's journey as a learning organization is exemplified by the leadership's
proactive commitment to continuous improvement and adaptability. When jean-
Dominique Senard was appointed CEO in 2012, he spearheaded a cultural
transformation that focused on empowerment, responsibility, and accountability. This
shift demonstrated leadership's commitment to learning and adapting to modern
business challenges. Senard’s leadership inspired a move from a hierarchical
structure to a more autonomous, collaborative environment, aligning the company’s
operations with contemporary organizational practices.
Building shared visions
The strategic vision of Michelin has evolved to inspire and engage its employees at all
levels. The "Michelin in motion" plan for 2030 illustrates this shared vision. It outlines
ambitious goals in connected solutions, high-tech materials, and sustainability,
emphasizing an "all-sustainable" approach. This vision not only guides Michelin’s
strategic initiatives but also fosters a collective sense of purpose among employees,
ensuring everyone works towards common objectives in environmental sustainability,
financial performance, and employee engagement (Venter & Botha, 2019).
Encouraging diversity
BMZ ACADEMY 061 262 1185/068 053 8213/0717 513 144
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BMZAcademy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.87. You're not tied to anything after your purchase.
