We at Accounting Assignments Help provide QSO 690 Milestone One Guidelines and Rubric Help with step by step calculation and explanation 24*7 from our professional experts.
Overview: In this first milestone assignment for the final project, you will begin the process of creating a business development plan for your selected organization or company. To accomplish this, you, as an operations management professional, must clearly understand how each systemic element fits into an organization’s overall operation. You will need to consider the company’s current processes and get a sense of its leaders’ goals and values. How does the
company currently operate? What are its strengths and limitations? In what kind of sociopolitical and economic environment is the company operating? What are the available tools for evaluation?
Prompt: To complete this milestone, you will submit a case analysis of your selected organization or company. In your submission, assess and describe your organization’s or company’s internal organization capabilities and recommend strategies for optimizing production based on a detailed analysis of existing processes, resources (facilities, human resources, equipment/machines, supply chain/inventory), sustainability, and strategic business planning (SBP) goals.
In this analysis, you will need to identify and recommend TQM and ISO 9000 principles and methods that utilize best business practices to ensure that the company is consistently meeting the customers’ cost, quality, performance, and overall satisfaction expectations. This analysis will necessarily include the use of global benchmarks to determine opportunities for competitive advantage. Additionally, assess the company’s current capacity and constraints in meeting production goals or delivery of service. How does it manage its restraints?
To begin this process, you will need to gather information about the organization’s or company’s current initiatives and processes, general policies, and stated goals. Information can generally be found on the organization’s main website, in the annual report and mission statement, and in articles authored by the company or outside analysts, such as ThomasNet.com, buy/sell sites (e.g., Jim Cramer), and investment companies (e.g., Fidelity, TD Ameritrade, or Vanguard).
As operations management students and professionals, you are encouraged to use your own experience, understanding, and knowledge of business and industry structure to drive your analysis.
Specifically, the following critical elements must be addressed:
I. Aligning Resources to Market Opportunities
A. Assess your company’s or organization’s internal capabilities and limitations with respect to its current operations. In your assessment, include human, organizational, and infrastructure factors.
B. Based on the company’s or organization’s internal capabilities and limitations, what expansion or business development opportunities can you identify? How will these opportunities align to the current domestic and global markets? Your response should consider the political, economic, social, and technical factors that affect the company.
C. Based on the company’s or organization’s internal capabilities and limitations, what cost-savings opportunities can you identify? How will these opportunities align to the current domestic and global markets? Your response should consider the political, economic, social, and technical factors that affect the company.
D. Describe the external threat factors in the domestic and global markets that the company or organization should consider when developing these business development and cost-savings opportunities. Your response should consider the political, economic, social, and technical factors that affect the company.
II. Managing the Quality Imperative for Global Competition
A. Based on your assessment of the company’s or organization’s internal capabilities and limitations and the opportunities you identified, select total quality management (TQM) means that the company or organization could employ to strengthen organizational performance. Justify your selection.
B. Based on your assessment of the company’s or organization’s internal capabilities and limitations and the opportunities you identified, select an appropriate series from an ISO 9000 family of standards that the company or organization could employ to strengthen organizational performance. Justify your selection.
C. Based on the TQM and ISO 9000 benchmarks that you selected, recommend global best practices that strengthen organizational performance by ensuring quality, cost containment, and customer satisfaction for the company or organization. Justify your recommendations.
This analysis will be incorporated into the final project submission.
Guidelines for Submission: This assignment should be submitted as a 5- to 7-page Microsoft Word document with double spacing, 12-point Times New Roman font, and one-inch margins. You should use current APA style guidelines for your citations and reference list. Note that at least 10 outside information sources are required overall for this project, although many students might find that more are necessary to satisfy the requirements of the project. Please adhere to the SNHU Academic Honesty Policy as you develop this project.
As necessary, copy and paste any data analysis from Excel into your Word document for submission. You may include your original Excel documents as supplementary material if you believe this will strengthen your contribution.
Note that the grading rubric for the milestone submissions is not identical to that of the final project. The Final Project Rubric will include an additional “Exemplary” category that provides guidance as to how you can go above and beyond “Proficient” in your final submission.
Email Us: support@accountingassignmentshelp.com
Chat with us