Consider the following case study:
You are a consultant hired by an established medium-sized manufacturing corporation with 250 employees. It directly markets one unique product. The corporation is run by a new CEO and 11 other executives who have been with the organization for varying lengths of time. The new CEO has an aggressive growth objective for the corporation of 100 percent over the next five years. The current business model will not support this objective and needs to be updated.
Your task is to create a team that will work together over a 9-month time frame to develop a proposal for a new business model and growth strategies. Your responsibilities include convening the team, assigning roles and responsibilities, structuring the team, monitoring activities and production, and documenting outcomes. The team members must come from at least three different functional areas because the new CEO wants input from a variety of stakeholders. The challenge is that under the old business model, none of the personnel working in the functional areas communicated or collaborated. In addition, the former CEO never asked for new ideas and seemed oblivious to issues the corporation was facing.
Key ideas for your consideration as you write your plan should include:
- The team will work together for a sustained period of time.
- The visible outcome of the teamwork should focus on the development of a new business model and growth strategies; however, the success of the team as an outcome is up to you and the team members.
- There should be a representative from each of the three functional areas to produce the model.
- A variety of perspectives is important.
- Communication and collaboration are new priorities for teamwork; these processes have not been considered as valuable in the past.
- Issues impacting the business model have not previously been identified by the business’ leadership.
- Innovation previously has not been prioritized as a factor in the business model.
Develop a plan for building your team that you could present to the CEO. To facilitate evaluation of this assessment, format it according to APA guidelines.
Requirements
The purpose of this assessment is to create an overview of what should be considered when developing teams. It is not intended to be an in-depth analysis. Using the case study, address the following:
- From which three functional areas will you choose your team members? Explain why you selected each area. What advantages will each area bring to the project that will be crucial to its success?
- What characteristics will you look for in the individual team members that you choose? Describe these characteristics.
- How will you ensure that the team understands its objectives? Will you draft a team charter? Will you write a mission statement? Explain what you will do.
- What strategies will you use to delegate responsibilities? Will you assign tasks or ask for volunteers? Explain the strategies.
- How will you build trust and respect between team members, and between team members and yourself? Explain your plan to build trust.
- What strategies will you use to handle any conflicts between team members? Describe the strategies you will use.
- How will you measure the success of the team? Explain what you will do.
Additional Requirements
- Include a title page and reference page.
- Required length is 3–4 pages.
- Include references to at least 3 current scholarly or professional resources.
- Follow APA formatting guidelines throughout.
- Use Times New Roman font, 12 point.
- Double space.