[SOLVED] OL 215 Final Project Milestone Two (PM): Successful Company – Homework Solution

[SOLVED] OL 215 Final Project Milestone Two (PM): Successful Company – Homework Solution

Overview

For this assignment, due in Module Three, you will submit a 1- to 2-page document that will provide a profile of your chosen successful company. This milestone will serve as a rough draft and must cover the six critical elements described below. You are expected to provide a minimum of two to three sentences for each of the six critical elements: mission and vision, strategic management plan, organizational culture, decision making, principle of ethics, and human resources. Instructor feedback should be applied to your Final Project One submission.

OL 215 Final Project Milestone Two (PM): Successful Company
OL 215 Final Project Milestone Two (PM): Successful Company

You must select a company from the list of suggested companies provided in the Final Project One Successful Companies and Search Terms document.

Directions

Write a 1- to 2-page paper that will provide a profile of your chosen successful company.

Specifically, the following rubric criteria must be addressed:

  1. Profile of a Successful Company
    1. Explain how the company has communicated its mission and vision within the organization. In other words, explain how the company demonstrates the importance of the mission and vision to employees and other stakeholders.
    2. Identify how the company has successfully executed its strategic management plan. Justify your response. Include a specific example of a time when this management plan led the company to success.
    3. Describe how management has helped to positively influence the organizational culture within this company. Use some specific examples, actions, or strategies that show how management has positively influenced organizational culture.
    4. Explain management’s pivotal role in the decision-making process within this company. Be sure to include specific decisions made by management based on principles of ethics. Discuss specific decision-making models used by the company that may have helped the company be successful.
    5. Evaluate how the use of the functions of management within this company has adhered to the principles of ethics. Include how using the functions of management while adhering to the principles of ethics may have impacted the employees of the company.
    6. Explain how this company strategically uses human resources to develop its personnel. Provide insight into how this use of human resources has enhanced the company’s business processes.

What to Submit

Submit assignment as a 1- to 2-page Word document with double spacing, 12-point Times New Roman font, and one-inch margins.

Sample Answer

Profile of a Successful Company: Google

Mission and Vision: Google’s mission is to “organize the world’s information and make it universally accessible and useful.” This mission is ingrained in the company’s culture, demonstrated through its commitment to innovation, information accessibility, and user-centric approach. Google communicates this mission through various channels such as internal communication platforms, employee training programs, and corporate events. Additionally, Google’s vision of creating products that enhance people’s lives aligns with its mission and is emphasized in its communication strategies.

OL 215 Final Project Milestone Two (PM): Successful Company
OL 215 Final Project Milestone Two (PM): Successful Company

Strategic Management Plan: Google has successfully executed its strategic management plan through a combination of innovation, strategic acquisitions, and diversification. One notable example is Google’s acquisition of YouTube in 2006. This strategic move not only expanded Google’s reach into the video-sharing market but also provided a platform for new revenue streams through advertising. By integrating YouTube into its ecosystem seamlessly, Google demonstrated strategic foresight and agility, leading to significant success in the digital entertainment industry.

Organizational Culture: Management at Google has positively influenced the organizational culture by fostering a climate of creativity, collaboration, and inclusivity. Initiatives like “20% time” allow employees to dedicate a portion of their work hours to pursue passion projects, encouraging innovation and intrapreneurship. Furthermore, Google’s open and transparent communication channels, flat organizational structure, and emphasis on employee well-being contribute to a positive and vibrant organizational culture.

Decision Making: Management plays a pivotal role in decision-making at Google, guided by principles of ethics and data-driven insights. For instance, Google’s decision to exit the Chinese market in 2010 due to censorship concerns reflects its commitment to ethical values over financial gain. Decision-making models like the rational decision-making model and ethical decision-making frameworks are utilized to ensure that choices align with the company’s values and long-term objectives.

Principles of Ethics: Google adheres to principles of ethics in its management functions by prioritizing transparency, integrity, and user privacy. The company’s commitment to ethical practices is evident in its strict data protection policies, efforts to combat misinformation, and sustainability initiatives. By upholding ethical standards in its operations, Google fosters trust among stakeholders and mitigates potential risks associated with unethical behavior.

Human Resources: Google strategically utilizes human resources to develop its personnel through comprehensive training programs, career development opportunities, and a supportive work environment. Employee empowerment and continuous learning are emphasized, allowing individuals to grow both personally and professionally. By investing in its human capital, Google ensures a skilled workforce capable of driving innovation and maintaining its competitive edge in the dynamic tech industry.

In conclusion, Google’s success can be attributed to its clear mission and vision, effective strategic management, positive organizational culture, ethical decision-making, and strategic utilization of human resources. These elements collectively contribute to Google’s position as a leading global technology company.

OL 215 Final Project Milestone Two (PM): Successful Company
OL 215 Final Project Milestone Two (PM): Successful Company

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