Learning Team Case Study
Team A selected a situation that Shannon Payne is currently experiencing at her workplace. The problem is with the two-person accounting department where the person in charge has poor interpersonal communication skills and the other member of the accounting department just fills in as-needed. The problem occurred when the company had some problems with the company’s credit card; therefore, causing problems with ordering parts as well as using UPS to ship and receive packages. The problem was so severe that the company had to start using FedEx because the UPS account was not being paid. The FedEx alternative was more expensive for the company also. The problem in the accounting department was finally sorted out, but it did cause a lot of frustration and embarrassment for the company as well as the employees. Because of this problem, orders had to be placed again and Shannon felt that the situation wound up reflecting poorly on the company, as well as herself as an employee.
First, we must identify the problem that Shannon and the other personnel are facing in the organization. At times we may come in contact with individuals that consider themselves fully qualified to perform the duties set before them; however, this presents a situation where you may have to get the job done yourself to ensure it is done correctly.
The company has been told by the vendors that their payment was not made; therefore, UPS has suspended their account until unpaid items are rectified. Due to this inconvenience, the company had to contact a different shipping organization, FedEx, and pay their inflated prices in order to ship their packages at the end of each day. Embarrassment has settled in with the individuals that are ordering the parts and some tension has risen among the co-workers and management. Eventually the problem was resolved but not before causing embarrassment and headaches for the co-workers who endured them every day. Even though the problem is not currently an issue, will it happen again? What are the steps that can be taken to prevent this problem from recurring? We will now look into the decision-making process to determine what actions could have been taken to prevent this situation from occurring.
Was the accountant accurately tracking the credits and debits of the organization? It is apparent that th...
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...n, the company’s reputation and image is being greatly affected to the point where individuals are embarrassed. It is clear that the accountant was not using the decision-making process tools. If she had attempted to use just a few of the tools, the issues would have been resolved and the future of the airport would not have been jeopardized. The employees of the parts department identified the issues and brought them to light. This is the first step of the decision making process. It is the responsibility of the accountant to perform steps two and three of the decision-making process. She should have determined what needed to be done to meet the organizations goals and prioritized these objectives. The underlying issue is that the accountant has a control problem where she feels that no one can perform her job and that she is indispensable. There are some major decisions that need to be made within the organization to ensure that this issue does not happen again.
Reference
Arsham, H. (2005). Applied Management Science: Making Good Strategic Decisions. Retrieved on September 10, 2005, from the World Wide Web at: http://www.home.ubold.edu/ntsbarsh/opre640/opre640.htm
Although the plant accountant knew it was wrong to charge motors to operating expenditures, the accountant bowed to the pressure to do it anyway. The accountant violated the AICPA code of conduct, especially regarding serving the public interest. There were also issues with honesty and integrity.
When horrific crimes occur in large cities, many of them can be chalked up to gang violence or to the larger population of that specific city. But when horrific crimes happen in small cities like Lincoln, Nebraska, people begin to ask questions like who did this and why. In 1958, a nineteen year old man named Charles Starkweather put the entire state of Nebraska and possibly the entire nation in a state of terror. With his murder spree taking only three days, Starkweather had collected a body count of ten bodies, including two teenagers and a young child. Understanding Starkweather’s past and state of mind begins to answer the second question of why.
The ethical discernment model described by Slosar (2004) and developed for use at Ascension Health will assist us as we analyze this case. It reminds us that discernment engages our spirituality, intellect, imagination, intuition, and beliefs. It is decision-making that reaches into the heart of our beliefs about God, creation, others, and ourselves. It therefore requires structured time for reflection and prayer from the beginning and throughout the process.
Dess, G. G., Lumpkin, G. T., Eisner, A. B., & McNamara, G. (2012). Strategic Management: Text & Cases (6th Ed.). New York, NY: McGraw-Hill.
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But in order the books should look a little acceptable and no one should come up on their fraud instantly and specially the lower level bookkeeping team by doing their day to day entries and knowing that utility expenses is not a capital improvement they had to do it in a professional way
Hill, C & Jones, G 2009, Strategic management theory: an integrated approach, Cengage Learning, New York, NY.
Strategic management is the ongoing process of ensuring a competitively superior fit between the organization and its ever-changing environment (Kreitner, G13). Strategic management serves as the competitive edge for the entire management process. It effectively blends strategic planning, implementation, and control. Organizations that are guided by a coherent strategic framework tend to execute even the smallest details of their mission in a coordinated fashion. The strategic management process includes the formulation of a strategy/strategic plans, implementation of the strategy, and strategic control. A clear statement of the organizational mission serves as the focal point for the entire planning process. People inside and outside the organization are given a general idea of why the organization exists and where it is headed. Working from the mission statement, management formulates the organization's strategy, a general explanation of how the organization's mission is to be accomplished. Then general intentions are translated into more concrete and measurable plans, policies, and budget allocations. Implementation is the most important part of the strategy. Strategic plans must be filtered down to lower levels to be success. Strategic plans can go astray, but a formal control system helps keep strategic plans on track. In the strategic management process general managers who adopt a strategic management perspective appreciate that strategic plans require updating and fine-tuning as conditions change. Given today's competitive pressures, management cannot afford to let strategic plans sit as is. A strategic orientation encourages farsightedness. Sun Microsystems Inc. is one company that developed a strategy to become the competitive leader and become the most reliable in the net business. I will explain how Sun's strategy integrates their marketing, management, technology, and service functions into one effective strategy. First I'll discuss who Sun is and what encouraged them to develop their strategy.
Mason Carpenter, G. S. (2013). Strategic Management: Concepts and Cases Second Edition. Harlow: South-Western Pub.
This case study is intended to analyze the movie When a Man Loves a Woman, and to provide worst and best case scenarios for treatment. This film depicts a family that is struggling with a family member’s alcoholic dependency. The mother, Alice Green, is a school counselor who has an addiction to alcohol that is causing her to experience problems in her life as a result of her use. Her husband, Michael Green, is an airline pilot that is very protective Alice and often steps in and takes over for Alice, even in her role as a mother. Alice has two children, Jess and Casey, which also bear witness to their mother’s deterioration from alcohol addiction.
• Hitt, Michael A; Hokisson, Robert E.; Ireland, RD. Strategic Management. 6th Ed., Masson, Ohio: Souht. Wester 2005.
Stabell, C.B. and O.D. Fjeldstad. (1998). Strategic Management Journal. 19, 413-437. Retrieved November 11, 2006 from EBSCOhost database.
Dowd (2016) runs above and beyond with the clarification to state accounting fraud incorporates the change of accounting records in regards to sales, incomes, costs and different components for a profit motive, for example, boosting organization stock prices, getting ideal financing or maintaining a strategic distance from obligation commitments. Dowd is of the feeling that covetousness, absence of straightforwardness, poor administration data and poor accounting interior controls are a couple of explanations behind accounting fraud. (Dowd,
Witcher, B., and Chau, S. V., 2010. Strategic Management: Principles and Practice. Cengage Learning EMEA.
Strategic management is the “identification of one or more sustainable competitive advantages a firm has in the markets it serves (or intends to serve), and allocation of resources to exploit them” (Business Dictionary, 2016). In order for industries and organizations to thrive, they must have strategies in place and strategic management processes to stay competitive, profitable, attractive to stakeholders, and to sustain advantages that set them apart from other competitors (Barney & Hesterly, 2015). The strategic management process involves a set of procedures that lead to choosing a strategy that will eventually lead to competitive advantage (Barney & Hesterly, 2015). The six steps of the strategic management process involves defining