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Assignment Business Administration

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Added on  2020-04-21

Assignment Business Administration

   Added on 2020-04-21

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DIPLOMA OF BUSINESS ADMINISTRATION
Assignment Business Administration_1
TABLE OF CONTENTSPART A: CASE STUDY.................................................................................................................6About Continuous Improvement and involvement of people in this process and how theywould be enabling improvements................................................................................................6Describing the types of culture which Corus is developing and finding out the ways in whichvision plan will help to develop this culture................................................................................6Analyzing how KPIs will help Corus to give satisfaction to its customers.................................7Evaluating the key benefits of CI in helping Corus for becoming a more innovative andcustomer focused organization....................................................................................................7PART B: CASE STUDY.................................................................................................................8Describing the meaning of ethical business practices.................................................................8Explaining sustainable practice that could help a business to compete.......................................8Analyzing the accuracy of LCA than just looking at the carbon footprint of the ‘usephase’ of amaterial........................................................................................................................................9Evaluating the contribution of Tata Steel for sustainable and ethical business practices............9ASSESTEMENT TASK 2 – TEAM PROJECT...........................................................................10Defining the product and its current use by mapping the way product has evolved since its firstinvention....................................................................................................................................10Establishing a need for innovation............................................................................................10Brainstorming of the ideas.........................................................................................................10Shortlisting two ideas for trial...................................................................................................11Cost-benefit analysis for each one.............................................................................................11Analyzing risks and developing strategies for mitigation.........................................................12Highlighting sustainability issues..............................................................................................12Strategies and resources for implementing new idea................................................................12
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Key action items and time frames for implementation..............................................................13Impact of change and consequences for people within the organization..................................13A communication plan communicating.....................................................................................13Performance measures for measuring success of the new product............................................13Testing and trialing process.......................................................................................................13KNOWLEDGE TEST...................................................................................................................14Q1. What is Kaizen? Briefly describe 5S of Kaizen.................................................................14Q2. Describe the difference between disruptive and sustaining innovations............................14Q3. Describe how the concept of creativity contrasts with that of innovation..........................15Q4. What does TQM stand for? List eight elements of TQM in the TQM model....................15Q5. In the case study “The Toyota Way”, which are the two key principle areas oforganizational learning that underlie the Toyota Motor Corporation's managerial approach andproduction system?....................................................................................................................16REFERENCES..............................................................................................................................17
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