Oilwell Cable Company Case Study Essay

1. If norm chooses to go ahead with the microprocessor conversion on the machinery without go across it by the group, what are the strength conflicts that capacity renegade? What are the advantages of such a move? The biggest potentiality problem here is that the output signal police squad superpower feel slighted as their opinions were not considered in this major last, and it may affect their current strong whole tone of protect hat they get with the company. Essentially if savor of appreciate is affected then productiveness leave alone be affected, as Steve Cooper a contributor to Forbes points out studies show that companies that effectively appreciate employee value enjoy a return on right & assets more than triple that experienced by firms that fagt. (Cooper, 2012) The advantage of such a move would be fulfilling the employees wishes of pep pill caution making the tougher endings not the aggroup too it would not only eliminate the 3 solar day delib erations that usually precede the teams decision but it would likewise meet the employees relish of less time spent in team meetings.2. If Norm decides to put the decision to the appropriate doing team, what are the potential problems? What would be the advantages? Here the potential problems is the deliberation period normally associated with team decisions, as this means a loss in productivity as these deliberations happen on company time. It could as well as affect morale, as employees already have a desire for less team meetings adding more to strain a decision will result in loss of confidence in upper watchfulness. Additionally, this decision found on the org chart, will then have to be applaudd by upper management which results in additional lost time as these decisions are already a struggle for them. On the flip side advantages here is that it would keep advanced value alive, as the employees would see that their opinions are real valued when decisions affect the entire business also it would be a great opportunity for upper management to gather thoughts and feedback from their employees who live the day to day process of the job. Finally when employees trick connect value to their job productivity and implementation go swimmingly because they each own it.3. If the work team chooses to approve and implement this microprocessor conversion flip, what form of project causeup will this represent? Functional organization, as the production team is the functional division of the company as our text points out that has the most interest in ensuring this projects success or squirt be most helpful in implementing it. (Meredith & Mantel, 2012 pg.177)4. granted the size of this organization and the number of projects they deal with, would it make sense to institute a Project attention Office? Is in that location other arrangement that might be a good alternative? I think a PMO makes sense, as our text makes clear, a project management office (PMO) can fork out critically important services for all projects. The accomplishment with which the PMO organizes, administers, and carries out its responsibilities will have a major seismic disturbance on the ability of projects to meet their objectives. (Meredith & Mantel, 2012 pg.177) This is resilient as the company will be competent to keep track of project work up and decisions can be made quicker, possibly eliminating the current reiterate deliberation periods. Alternatively as projects arise if project teams of the necessary parties could be quickly formed and headed by an assigned company PM or the stovepipe suited yet most qualified man-to-man from upper management for the job this may also work to the companys advantage.5. How much affect might microprocessors have on production cost? Assume that variable command processing overhead represents the same fortune of costs as fixed overhead. Find the winnings present value if the microprocessors cost $25,000 and their installation runs another $5,000. Assume a 10% margin. Here the impact of the microprocessors on production will not be high as the variable and fixed overhead costs are the same percentages, meaning that both fixed costs that are unchanged based on production and those costs that vary by output are equal percentages. Additionally profits present value impact in a year would be $30,300 based on the match initial start up cost here to see a true balance it would be best for Norm to also investigate the monetarybenefits (cut time, less scrap, and overall profit).6. Compare Norms recall of the divisions productivity gains in the midst of 1995 and 1999 to Exhibit 2. Explain the inconsistency. Here human recollection versus actually info results makes it clear why data should be collected and reported on versus relying on memory. The consistency could be due to the fact that in 2000 the company was hit hard by the fadeout and productivity took a serious negative hit, whenc e as productivity rose and eventually surpassed its pre-recession be Norm simply was reminded of the good old days of high productivity.7. What would you recommend that Norm do? I would recommend that a PMO be implemented for the assign of Establish and enforce good project management processes such as procedures for bidding, risk analysis, project selection, progress reports, executing contracts, and selecting software. Also, collect and disseminate information, techniques, and lessons learned as reported in project evaluations that can make better project management practices. (Meredith & Mantel, 2012 pg.194-195) If thats not presently feasible, I would suggest that Norm first runs the decision by upper management as there are many benefits with the planned implementation of microprocessors at a time agreed upon this decision should be conveyed to the employees, then the production team should be allowed to voice their opinions and suggestions on the decision. This uprise w ill avoid any animosity the team may feel towards upper management, while avoiding the superfluous deliberation process that results in lost time.ResourcesCooper, S. (July 30, 2012). get at More Money By Making Your Employees Happy. Forbes. Retrieved from http//www.forbes.com/sites/stevecooper/2012/07/30/make-more-money-by-making-your-employees-happy/Meredith, J.R., & Mantel, S.J, Jr. (2012). Project management A managerial Approach (8th ed). Hoboken, NJ John Wiley & Sons, Inc