Module 4: Strategy Implementation and Monitoring

The Module 4 SLP requires that you run a simulation entitled: “The Platform Wars: Simulating the Battle for Video Game Supremacy.” Visit the Forio site, and access the simulation here:

https://forio.com/simulate/mit/video-game/simulation/

Click on “Play as an individual.”

Enter your first name as the “Screen ID,” then click “Login.”

In this web-based simulation, you are a senior manager of a video game hardware platform producer. Each year, you have three decisions to make:

  1. Determine the price of the video game console;
  2. Determine the number of video games that your company will subsidize to enhance the development of new video games (and that can be played on your company’s video game console); be sure to note that the subsidy of each new game costs you $16.2M each year; and
  3. Determine the royalty percentage you will require game makers to pay you (the higher the royalties, the more revenue you earn on new games, but the less inclined game makers are to develop new games).

At the start of the simulation, your market share is 50%. The price of your video game console is $250.00 (note that your competitor’s market share is 50%, but your competitor’s console price is $370.00 (hint: you are vastly underpriced to begin the simulation).

As the CEO, it is your task to make decisions one year at a time. As you do so, note how key data are changing, and take note of how your pricing, changes made to royalties, and new game subsidies change your profits and your market share. You may need to go through at least one practice run of the simulation in order to become familiar with it.

One way of becoming familiar with the simulation is to change only value, leaving the others constant. This will isolate the impact of one variable, and will give you a sense of how the change in a single variable impacts revenue, market share, etc. (use the Dashboard and the financial statements to determine this). For example, if I leave all variables unchanged in Year 1 (price = $240; Game titles to subsidize = 3, and Royalties = 15%), my market share becomes 69% at the end of Year 1 (and my net profit is $48.0M). In contrast, if I reduce the console price to $230, my market share becomes 71% at the end of Year 1 (and my net profit is $33.6M). Importantly, if I increase my console price to $330, my market share at the end of Year 1 is 58%; however, my net profit is $140.8M!

As the CEO, your task is to find the best combination of changes in the three variables that both increases your market share and earns a maximum net profit. Remember that the changes are relative; there are no right or wrong answers. Your goal is to use the knowledge you have acquired from previous courses (Accounting, Marketing, Finance, etc.), and allow the various statements and the Dashboard to guide you in your analysis, accumulating high market share and revenue. Be sure to take note of how the statements may be used to “control” your strategy! Remember that you need to cover your costs, while simultaneously turning a profit and increasing your market share.

SLP Assignment Expectations

As the CEO, you are asked to run the simulation a minimum of three (3) times, noting the changes made each year, as well as your final results. Then, write a 2- to 3-page memorandum to your Board of Directors, informing them of how changes in the variable (e.g., the price of the console; royalties paid by the game maker; and changes in the number of game titles subsidized) affect total market share, revenue per year, and net profit per year. Be creative, and include some tables and graphs in your written analysis to show your changes and/or results.

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Supply and Demand

Introduction and Alignment

Understanding supply and demand is an essential foundation for business economics. It is useful to understand supply from the source of the producer and demand from the perspective of the consumer. You will analyze both from a graphical and applied approach, so that you can perform each in a practical environment.

Upon completion of this assignment, you should be able to:

  • Explain the role of supply and demand concepts in management decision making.
  • Explain how the economic concepts of opportunity costs, scarcity of resources, and elasticity lead to differences in pricing strategy.
  • Incorporate biblical and ethical principles into economic theory and practice.

Resources

Background Information

The concept of supply and demand is essential for any manager operating in a business environment. When the factors held constant behind a particular demand or supply curve change, equilibrium prices respond to these demand and supply shifters.

Instructions

  1. Before you begin this assignment, read Chapters 1 and 2 in Economics for Managers.
  2. Watch the following animations. To move through the animation sequence, click Next until you reach the end of that animation sequence. These animations will prepare you for the discussions and other assignments in this and upcoming workshops. Or you may read the transcript: Workshop One Animation Transcripts.
    1. Animation 4.1
    2. Animation 4.2
    3. Animation 4.3
    4. Animation 4.4
    5. Animation 4.5
    6. Animation 4.6
    7. Animation 4.7
    8. Animation 4.8
    9. Animation 4.9
    10. Animation 4.10
    11. Animation 4.11
    12. Animation 4.12
    13. Animation 4.13
  3. Read Jeremiah 17:8 in the Bible.
  4. Navigate to the threaded discussion and respond to the following:
    1. Using demand and supply analysis, apply supply and demand to the following scenario. The following facts describe the peanut and peanut butter industry:
      1. Another hot, dry summer devastated the 2011 peanut crop. Although peanuts are typically planted between mid-April and June, farmers had to wait several weeks after that period for rain.
      2. Many peanut butter producers looked for ways to cut costs in other areas, such as shipping and warehousing.
      3. Because of the high price of cotton, some farmers had already planted cotton in place of peanuts.
      4. The scorching heat and drought singed many peanut plants, leaving more peanuts to be processed for oil rather than used for peanut butter.
    2. Explain the effects of these changes, using supply-and-demand analysis on both the peanut and the peanut butter markets.
    3. Droughts of all kinds have occurred since the beginning of time. In your initial response, relate Jeremiah 17:8 to the concept of supply and demand.
  5. Your initial post is due by the end of the fourth day of the workshop.
  6. Read and respond to at least two of your classmates’ postings, as well as all follow-up instructor questions directed to you, by the end of the workshop.
  7. Your postings should also:
    1. Be well developed by providing clear answers with evidence of critical thinking.
    2. Add greater depth to the discussion by introducing new ideas.
    3. Provide clarification to classmates’ questions and provide insight into the discussion.

Respond to the following:
Using demand and supply analysis, apply supply and demand to the following scenario. The following facts describe the peanut and peanut butter industry:Another hot, dry summer devastated the 2011 peanut crop. Although peanuts are typically planted between mid-April and June, farmers had to wait several weeks after that period for rain.
Many peanut butter producers looked for ways to cut costs in other areas, such as shipping and warehousing.
Because of the high price of cotton, some farmers had already planted cotton in place of peanuts.
The scorching heat and drought singed many peanut plants, leaving more peanuts to be processed for oil rather than used for peanut butter.
Explain the effects of these changes, using supply-and-demand analysis on both the peanut and the peanut butter markets.
Droughts of all kinds have occurred since the beginning of time. In your initial response, relate Jeremiah 17:8 to the concept of supply and demand.

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Project Scope Statement

As you have worked toward your final project, you developed an overview of your case study in Module One and a project charter in Module Three. In the project charter, you considered the scope of your project in a general way. The project scope statement asks you to drill more deeply into the details. A good project scope statement will define the boundaries of your project, will help you prevent scope creep, and will help ensure successful results.

Once you have completed your project scope statement, you will set up a work breakdown structure (WBS) using MS Project software and submit an MS Project file along with your project scope statement.

To complete this assignment, review the Milestone Two Guidelines and Rubricdocument, where you will find links to the case study, a case study dataset, and a project scope statement template for your use.

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Concepts of Emerging Markets

You have been asked to create a PowerPoint presentation to train a group of new employees for Future Trends Financial Firm on key concepts of emerging markets. Include the following in your presentation:

  • Identify and explain key concepts of emerging technologies, highlighting their use and availability for emerging and developed markets.
  • Define and describe common industry concepts including: institutional voids, business groups, technological capabilities, changing income distribution, and bottom of the pyramid. Please be sure that the correlation between concepts and various markets is appropriate.

Develop a 7–10-slide presentation in PowerPoint format, utilizing at least two scholarly sources. Apply APA standards to the citation of sources

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Choose a Fortune 500 company discussing asset-liability management (ALM).

For this assignment, you will choose a Fortune 500 company and write a three to four page research paper in which you discuss asset-liability management (ALM). Make sure to look over the lecture material as well as the readings this week and answer the following questions.

  • In your own words describe what asset-liability management is and who is responsible for the five aspects of Asset-Liability Management: liquidity, interest rates, currency, funding of capital projects, and planning for profit and growth for the Fortune 500 company you have chosen?
  • Describe how management for this organization is responsible for mitigating these risks, and give an example of a strategy that may be used to mitigate a specific risk.

Requirements

Important

Review the APA Citation Online Guide for assistance with citing sources using APA format.

  • Be sure to include an introductory paragraph at the beginning and a concluding paragraph at the end of your paper.
  • Because your paper is required to be more than one page in length, you should use subject headings to label your paper as appropriate.
  • Keep in mind that this is a research paper; and, as such, should be informed by your research articles.
  • Be sure to include APA citations to support your assertions and to inform your paper.
  • You will need to include a reference page with this paper.
  • Be sure to proofread your paper to ensure that is free from all grammar and spelling errors.

Submit your completed assignment to the drop box below. Please check the Course Calendar for specific due dates.

Save your assignment as a Microsoft Word document. (Mac users, please remember to append the “.docx” extension to the filename.) The name of the file should be your first initial and last name, followed by an underscore and the name of the assignment, and an underscore and the date. An example is shown below:

Jstudent_exampleproblem_101504

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Week 3 Organizational Culture

Your Culture Creates Organizational Culture

Some students think that they do not have much of a culture at their organization. The truth is that every organization has a culture! Your organizational culture can be related to the way that employees dress, the way that they communicate, or even how they decorate their work environment.

An organizational culture is often formed through the many different people that make up the company. These diverse traits may be your race, ethnicity, gender, age, nationality, religion, sexual orientation, ability, etc. Take some time to think about your own cultural background and how this can add to your work culture. Share these cultural pieces with us in this Discussion. Try to not focus on just one aspect of yourself, but try to utilize as many cultural elements as possible. Also, address why culture is important in communication. How does your culture affect your communication with others in the workplace?

  1. To successfully complete this week’s assignments, read the following chapters from the text, Communication in organizations:
    • Chapter Six – Culture and Organizational Communication
    • Chapter Seven – Effective Organizational Leadership
  2. To successfully complete this week’s discussion, “Effective Conflict Resolution”, view the following video:
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Milestone Three: Strategy and Key Performance Indicators

Overview: In this milestone, you will submit the Strategy and Key Performance Indicators for your chosen case study. Use the worksheet provided to complete
the strategy and key performance indicators. Make sure your chosen strategy is in line with the company’s mission and values. Your KPIs should fit the chosen
strategy and provide objective measures.
Specifically, the following critical elements from the final project must be addressed:

IV. Strategy: What does the company need to do to change direction?

A. Devise an informed basic strategy to move the organization in a new direction based on the environmental analysis.

B. Identify the key players in implementing the strategy (marketing, operations, accounting, sales, HR, etc.) and describe how it affects them.

C. Develop a basic (high-level) plan to improve organizational performance.

1. Define goals for profitability based on specifics from analyses.

2. Explain in detail how the goals are in alignment with the company mission/vision and values.

D. Describe in detail how this plan affects the organization’s departments (marketing, operations, HR functions, etc.).

V. Key Performance Indicators: What does success look like?

A. Determine the specific KPIs you will use to effectively measure the success of the strategy and explain how/why these KPIs align with the
identified strategy and with the organization’s mission, vision, and values.

B. Identify at least one KPI for each profitability goal identified previously.

Rubric
Guidelines for Submission: This milestone must be submitted using the worksheet provided and must be written in APA format. Use double spacing, 12-point
Times New Roman font, and one-inch margins. All references must be cited in APA format.

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Employee-Centered Systems and Structures

Overview

For this assessment, you will use a selected case study to write a 2–3-page analysis of an organizational environment that has effectively implemented systematic or structural changes to become employee centered.

By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:

  • Competency 1: Analyze HRM programs and other related systems within an organization that support employee engagement and commitment.
    • Describe HRM’s role in facilitating changes in a specific organization.
    • Assess the effectiveness of HRM systems and practices implemented to support an employee-centered environment.
  • Competency 2: Examine evidence-based HRM best practices among organizations that demonstrate an employee-centered culture.
    • Assess how an organization’s attempts to facilitate change align with evidence-based best practices.
  • Competency 4: Analyze methods of supporting employee-centered culture through organizational design and workforce diversity.
    • Evaluate action steps aimed at creating an employee-centered environment.
    • Assess challenges and obstacles to changing the systems and structures of an organization.
    • Evaluate how HRM programs or initiatives support a favorable environment for diversity.
  • Competency 5: Communicate in a manner that is professional and consistent with expectations for HR professionals and master’s level programs.
    • Communicate in a manner that is professional and consistent with expectations for HR professionals and master’s level programs.
Competency Map

Check Your ProgressUse this online tool to track your performance and progress through your course.

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    Context

    Systems and structures in organizations impact employee engagement and organizational effectiveness in many different ways. For HRM, programs and policies must enhance the organizational systems that support employee engagement and further develop an employee-centered environment. HRM programs and policies must integrate into the organizational systems and structures, and are viewed as an enhancement to the success of the organization. This integration represents the alignment of many different systems within the organizations, including employee programs, which directly affect the nature of employment in the organization. From organizational structure to diversity to employee recognition programs—all contribute to the organizational environment. These programs all benefit from effective and successful change. Effective change is one of the most difficult and complex efforts undertaken by HRM professionals. Leadership, technical (or traditional HRM functional areas), and training skills impact an HRM professional’s ability to propagate change.

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    Questions to Consider

    To deepen your understanding, you are encouraged to consider the questions below and discuss them with a fellow learner, a work associate, an interested friend, or a member of the business community.

    • What is the relationship between organizational design and organizational change?
    • What role does diversity play in building a successful organization?
    • What is the role of HRM in these processes?
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    Resources

    Suggested Resources

    The following optional resources are provided to support you in completing the assessment or to provide a helpful context. For additional resources, refer to the Research Resources and Supplemental Resources in the left navigation menu of your courseroom.

    Library Resources

    The following articles from the Capella University Library are linked directly in this course:

    Show Less

    Course Library Guide

    A Capella University library guide has been created specifically for your use in this course. You are encouraged to refer to the resources in the MBA-FP6242 – Building Organizational Effectiveness Library Guide to help direct your research.

    Internet Resources

    Access the following resources by clicking the links provided. Please note that URLs change frequently. Permissions for the following links have been either granted or deemed appropriate for educational use at the time of course publication.

    Bookstore Resources

    The resource listed below is relevant to the topics and assessments in this course and is not required. Unless noted otherwise, this resource is available for purchase from the Capella University Bookstore. When searching the bookstore, be sure to look for the Course ID with the specific –FP (FlexPath) course designation.

    • Macey, W. H., Schneider, B., Barbera, K. M., & Young, S. A. (2009). Employee engagement: Tools for analysis, practice, and competitive advantage. Hoboken, NJ: Wiley-Blackwell.
      • Chapter 3, “The Key to an Engaged Workforce: An Engagement Culture.”
      • Chapter 4, “Phase 1 of Creating and Executing an Engagement Campaign: Diagnostic and the Engagement Survey.”
      • Chapter 5, “Phase 2 of Creating and Executing an Engagement Campaign: Action Planning and Intervention.”
  • Assessment Instructions

    Find an example or case study of interest by doing research in the Capella University Library. Your example or case study should focus on an organizational environment that effectively implemented systematic or structural changes, and in so doing became an employee-centered organization. Consider the relationship between organizational design (systems and processes) and organizational change, and analyze how HRM can participate in the processes described.Using your selected example or case study:

    • Introduce the organization, describing the changes that were needed and how HRM was involved in facilitating these changes.
    • Evaluate the action steps taken to create an employee-centered environment.
    • Assess the challenges and obstacles that existed in attempting to change the systems and structures of an organization.
    • Assess the effectiveness of HRM systems and practices implemented to support an employee-centered environment.
    • Evaluate how HRM programs or initiatives support a favorable environment for diversity. Provide details on the programs and initiatives that are in place, including how they support a diverse workplace. If existing HRM programs and initiatives do not adequately support workplace diversity, detail how changes to existing programs and initiatives could do more to further efforts toward a favorable environment for diversity.
    • Conclude by assessing how much this case aligns with the best practices documented by evidence and scholarly research. Did it follow prescribed and well-known steps, or go in its own direction? Was it more or less effective than other efforts to create employee-centered systems and structures?

    Additional Requirements

    • Written communication: Your writing should be free of errors that detract from the overall message.
    • APA formatting: Your paper should be formatted according to APA (6th ed.) style.
    • Length: 2–3 typed and double-spaced pages.
    • Font and font size: Times New Roman, 12-point.
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    Training Program Design, writing homework help

    Assume you have been hired as a training consultant by a medium sized technology company. Your client company has asked you to develop and make a presentation for an employee training and career development program. The majority of the company’s employees are entry level programmers and developers and help desk technicians, but they also employ administrators and administrative assistants. The client company is looking for a training program which can be used for all of their employees. The goal of the training program is to introduce the new employees to the company, their culture, their product offerings and the company’s expectations. The training should also re-familiarize veteran employees to the company’s mission to create a sense of excitement towards carrying out the vision.

    Use the Training Program Design worksheet which is located in the Doc Sharingarea to design your training program.

    After you have completed the Training Design Worksheet, use that information as a guide to develop a 15-20 slide PowerPoint presentation to present your training ideas to the client company. Make sure to include detailed speaker’s notes which provide adequate information on what you would say to your client if you were presenting this information in person. Incorporate at least three references to support the positions being presented. Apply APA standards for writing style to your work. Submit the PowerPoint presentation for grading.

    Your PowerPoint presentation should include a title slide, a reference slide and address each of the following elements:

    1. Training Description: Write 2–3 sentences that describes the training and a concise statement of the overall purpose of the training.
    2. Objectives: Include the objectives (at least 3) of the training program. List the intended results of the training that will achieve the goal in terms of knowledge, skills, behaviors, and attitudes. The intended results should have specific and measurable tasks or actions.
    3. Training Method: Evaluate the following training methods and determine which might be most effective in achieving the stated objectives you included above. List your chosen training method for each objective you listed including one potential advantage and disadvantage of each.
      • Large group, small group, or paired discussion
      • Individual exercise
      • Team exercise
      • Case study
      • Role play
      • Simulation
      • Audiotape
      • Videotape
      • Interactive multimedia (PC-based or CD ROM)
      • On-the-job training
      • Coaching or mentoring
      • Lecture
      • Tutorial
      • Games
      • Assigned reading
      • Other (specify)
    4. Content Description: Provide a description of the activity that corresponds with your designated training methods listed above.
    5. Support Materials: Identify the materials and resources that will support the learning process (e.g., workbook, handouts, action plan, etc.).
    6. Estimated Time: Indicate how much time you will devote to each activity.
    7. Evaluation: What needs of the participants are being addressed in the training design? How will you determine if participants are applying their learning back on the job?
    8. Effective Design: Describe how each of the seven steps above can be used to design an effective training model that addresses all jobs within the organization and promotes employee engagement.
    9. Career Progression: Explain which of these seven steps you consider most important to long-term career progression within your client company. Provide reasons and scholarly support, as necessary, for your choices.
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    Journal Entry:Intersection and Religious Discrimination

    Assignment 1: Journal Entry:Intersection and Religious Discrimination

    When pieces of cloth are sewn together, you might have trouble discerning the individual pieces of cloth that make the final garment, but by looking carefully, you can find the seams. You may have experienced similar difficulty in the first week of this course when asked to explore the individual aspects of culture that combine to create your unique self-identity. Forms of oppression can come together often in almost imperceptible ways to form the complex environment in which you and your clients live and interact. As a social worker, you must examine carefully the intersections between religious discrimination, sexism, classism, and racism so you can respond accordingly.

    To prepare: Consider this week’s resources that describe how religion intersects with other forms of oppression.

    Submit your response to those resources and analyze what you think is the role of religion in reinforcing sexism, classism, and racism.

    As a social worker, how can you address these issues on a micro and macro level?

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