CASE: HR-27 DATE: 09/11/06 RITE-SOLUTIONS: MAVERICKS UNLEASHING THE QUIET GENIUS OF EMPLOYEES We freely acknowledge that we are not the two smartest people in the company... . Weíve got a lot of real world experience. Weíve got a vision of where we want this thing to be at some point in time. But exactly how to get there, and what technologies to use, and how we should employ them, thatís much bigger than any two people should be responsible for. ó Jim Lavoie, CEO of Rite-Solutions, speaking of himself and company President Joe 1 Marino In July 2006, Susan Duncan attended a workshop at Rite-Solutions to learn more about an innovative tool that the company had developed to foster innovation, and to encourage collaboration among …show more content…
Lavoie was a creative, visionary thinker. Marino had an excellent attention to detail, and was a strong operations manager. Equally important, they each recognized their own limitations, valued the othersí strengths, were good friends, and had an exceptional working relationship. They did not want to start a conventional company. Marino explained, ìafter leaving a company with thousands of employees, we started the company with the idea that thereís got to be a better way to do business in the 21st centuryÖ . [We decided that] if weíre going to do this, if weíre going to start a business at our age, and at this point in life, then itís going to be one big experimentó[weíre going to] do all those things that we always wanted to do as managers of a public company.î He continued: It also takes a lot of pressure off of the top two guns if you freely admit to people that this is one big experiment, and we really donít know where itís going. But we do promise [to employees] that weíre not going to do anything that will jeopardize your wellbeing. These people have families. Itís not like weíre a bunch of cowboys. But thereís a certain liberation that goes along with saying that weíre going to try some stuffósome things will work, some things arenít going to work. We actually have a model for it, things that we canít mess around with that might interfere with peoplesí lives. But thereís a piece of the business that we purposely break every once in awhile to say, ëLetís
To get connected to potential investors Frank Addante developed the motivation to start up his ventures with experienced workers. In addition to raise outside funding easier Addante was able to learn from his more experienced partners. After Addante got a venture veteran he wanted to create something new on his own, with him standing in the first line making important decisions and being responsible for profit or loss.
Frank Addante founded his fifth venture together with Tim McQuillen. Again he had the mo-tivation of creating a business out of a new idea but this time Addante made sure that there is a market for his products. With reference to Frank Addante’s motivation of holding equity it can be said that he decided to keep himself motivated with an adequate stake of the venture’s equity. Firstly, Addante did not want to run his “Strong Mail” venture as the CEO because he wanted to concentrate on the holding company he had created before he founded “Strong Mail”. But after Frank detected a strong market for “Strong Mail’s” products he felt that he needed to jump in and lead the company. He also felt the motivation of working together with his friend and former employee Tim McQuillen, with whom Addante had worked together well in his former ventures.
A SWOT (strengths, weaknesses, opportunities, threats) analysis exists for Kudler. This analysis provides insight to Team B of how to identify and manage Kudler's internal and external driving forces in working toward innovation. Such forces include environment, supply and demand, and organizational behavior and strategy.
In order for our business, The Broadway Café, to become more competitive in this environment, I deem it necessary to build a collaboration tool that will stimulate contact, knowledge, information, and events among employees, customers, suppliers, and all others who are interested in the business.
“All things are possible with the right technology!” said Helmut Schwartz, the recently appointed CEO of Globe Alive, Inc. (GAI), an Edmonton-based software company. Speaking at a monthly management meeting of GAI executives, Schwartz continued. “With the right technology in our organization, we can facilitate efficient communication between global partners, discern in-bound supply chain elements from out-bound shipments, expedite customer orders in a timely manner, electronically transfer funds around the world, and monitor employees to ensure they are being productive. And that list is by no means exhaustive. Believe me when I say, all things are possible with the right technology. When I shared
Founder and CEO, Mr. Lando Cimonneti has always been step ahead and knew how to tackle stormy economic, political and social situation both in Argentina and worldwide. Innovative steps has helped the company remain successful and added an invaluable sense of uniqueness.
She demonstrated this ability when providing a recommendation for a new Cognos report to ensure the necessary metadata is associated with our assets. She worked with our DAM implementer to learn what was possible and she worked with the DAM business analyst to determine what was required. She provided the rationale to her manager on how this solution would provide the necessary data. This will be report has been moved to our production site and will be available for use by the end of November.
Liz the CEO of CanGo company has been selected the Business Leader of the Year. However, she is not prepared to discuss how her company accomplished all this success because she doesn’t have a strategic plan in place. She is somewhat nervous about how she will prepare a speech about a plan that she doesn’t have in place.
I describe a job order cost when we have a potential customer that wants to purchase our product, but at a lower price than the price we normally sell the product. Let’s call this new customer ABC, they order 100 units from us; we sell them at $300 per unit, however, they are willing to pay $250 per unit. If we sell it to a regular customer, it would be 100 x $300= $30000. For this potential customer, our revenue would be 100 x $ 250= $25000, leaving us with a $50,000 loss. The cost of building 100 units total is $150 x 100= $150000. Since the special order from ABC exceeds our cost of making, we decided to sell them our product for
Matching employees with appropriate abilities for each job, providing training in standard methods, and supporting workers by planning and eliminating interruptions is a clear representation of Taylor’s Scientific Management practice. Giving employees the opportunity to excel makes them proud, thus further increasing their performance, responsibility, integrity and ethics. This process also helps them to identify and work towards the common goal. The value of the company’s performance becomes the higher purpose that drives the entire company to succeed. As a result, in December 2007, Northrop Grumman Corporation was awarded the prestigious Ron Brown Award for Corporate Leadership, the only Presidential award recognizing companies for outstanding achievement in employee and community relations. Although, the company is made out of many divisions they work very closely together. All the departments are interdependent of one another. Northrop is a product of interaction of the parts – its departments and its participants. The collective effort and mutual reliance of this company’s members is in according with the Systems Theory and was awarded recently with the Defense Science and Technology Group Eureka Prize for Outstanding Science for Safeguarding
There were many silos in place. We overcame these barriers through gaining trust. Please talk about my individual interviews and winning over stakeholders.
The portal and collaboration tools were rolled out to staff and 1000+ dealership staff, with access controlled by a complex security structure allowing the right people to see the right content at the right time. The systems were quickly adopted by the majority of users and today are used companywide. The implementation of the
While watching the video “Triumph of the Nerds” there were many interesting facts throughout but one stuck out. It stuck out the most to me because most business fields do not work this way they have a boss that gets to make every decision. For this company, it was different Gordan Moore once said, “People who have the knowledge are the ones that get to make the decisions and have equal say of what is going on in the company”. In the business of computer invention one person can’t make all the decisions because it takes more than one person to create all the components that make up a computer. Every component in a computer takes time to develop and there must be the right people that know what they are doing to create all the components. Microcomputers
He holds a BS degree in electrical engineering from an Indian technology institute and an MBA from a major U.S. university. Sean Davidson, director of technology, has more than ten years of experience in software development and integration. Walter Vu has almost ten years of experience in sales and business development in the software industry, including positions at Claris and Maxis. Mitch Feldman, director of marketing, was responsible for the marketing communications function and the Internet operations of a large software company for six years. Management strives for continual improvement in ease of user interface, personalized services, and amount of information supplied to customers.
Kirkham’s strategy was to integrate the different systems of each division into an “all-inclusive” product and also to involve all the divisions together with regards to product development, instead of letting each division be responsible for just products within that division. Mr. Donaldson chose Kathleen Quinn, Vice-President of R&D, to be responsible for coordinating the development of new products. This proved to be quite a challenging task considering that each managing director (of each division) still retained responsibility for the turnover and profitability of their respective decisions and also for the strategies to achieve the goals of their divisions. In addition, regardless of the trend of their customers in purchasing integrated systems, the majority of each division’s turnover came from the sale of stand-alone products.