Informal Proposal

2161 WordsApr 24, 20139 Pages
Methods in Management Wal-Mart, Sysco and Costco Written by: Alaia Fayad, Alexa Brooks and Olaf Sindabizera For: Linda Jay BUS 150 Table of Contents Decision Making 3 Strengths and Weaknesses 5 Cultural Organization 6 Environmental Factors 6 Adapting to Change 6 Organizational Training 7 Conclusion 7 Bibliography 9 Decision Making Decision making is an important process of any company’s growth strategy and each decision is made with careful calculation and analyzation of the company’s data. Although there is some variation to the way information is processed as it reaches the top of any company the decision making process is more or less similar between Costco, Wal-Mart and Sysco. If I was in the process of…show more content…
Are goals being accomplished?) and lastly management control works on the improvement of substrategies that contribute to the master plan (principally quality control). Finally, feedback control deals with focusing on the outputs of the organization. This type of control is used when feedforward (predicting output and avoiding complications) and concurrent control (resolving problems as they occur) methods have failed. It is the most fail-safe way for a manager to gain reliable information on planning and performance. If the feedback control method is successful, the manager can use this information when formulation new plans to make them more effective. This is also a good way to boost employee motivation by creating new goals as a team. Although feedback control, clan control and scenario planning have all proven to be effective when implemented with Wal-Mart and Costco, Sysco has a different decision making approach. Instead of manually going through all the steps to gain the same information with all these various control methods, Sysco has recently purchased a scientific marketing technology platform that essentially does the work for them. Scientific marketing technology joins together human intuition with advanced quantitative methods to deliver a technology that predicts future outcomes and can facilitate resolving the most challenging problems in sales and marketing. Essentially, this platform matches each customer to their perfect product with
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