Performance Evaluation of DeGrandis Sporting Goods
Verified
Added on 2023/06/03
|17
|1821
|354
AI Summary
This presentation evaluates the performance of DeGrandis Sporting Goods, including strategic goals, ethical standards, and project analysis for three main projects. It also provides recommendations for improvement.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Performance Evaluation of DeGrandis Sporting Goods Name of the Student Name of the University Author Note
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Introduction •Portfolio of DeGrandis Sporting Goods: oThree of the main projects undertaken: 1.Project A –DeGrandis Running Shoes 2.Project B –Australian Olympic Committee (AOC) Partnership (Cohen 2017) 3.Project C –Ladybird Sporting Apparel
Strategic Goals of DeGrandis •Strategic Goals are: 1.Doubling the revenues from the sale within three years by involving stakeholders (Martinsuo and Killen 2014). 2.Creating a network with the trustable Chinese sporting goods. 3.Taking an account on the quality of the products.
Ethical Standards of DeGrandis •Ethical Standards are: 1.Properly describing the desirable and undesirable selling behaviours. 2.Promoting and applying high standards of practice (Herlihy and Corey 2014). 3.Reduction of the risks in carrying out successful trades.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Project A: Strategy & Ethics •Alignment with the strategy: oThe launch of the DeGrandis running shoe has built the revenue by more than $5 million. oThe shoe quality has also been improved. •Alignment with the ethics: oThe team did not inform the directorial board about their partnership with the Chinese network. oHigh standards of practice were not implemented since the Chinese supplier invested in child labour (Humphries 2013).
Project A: PPS Snapshot DimensionScoreExplanation Stakeholders5/5•The stakeholders implemented in the project mainly composed of the Chinese suppliers who delivered the products with the highest efficiency. Project Process2/5•The processes involved in the project involved the inclusion of the child labour in the manufacturing of the running shoes that was against the code of ethics. Innovation and Learning4/5•New techniques of innovation along with the learning techniques were applied for manufacturing (Martínez-Torres 2013). Quality5/5•The quality of the products was excellent for which the shoe earned a rating of 5/5 from the reviewer (Singh and Sharma 2013). Benefit5/5•The benefit of this project was that it increased the number of customers for which the market competition was minimised. Use5/5•The successful implementation of the project has a positive impact on the organisation’s reputation.
Project A: Conclusion •The project of launching the running shoes by the DeGrandis Sporting goods was successfully completed. •However, the concerned project bypassed some of the ethical code of conducts (Jacob, Decker and Lugg 2016). •The board of directors were unhappy since the team did not inform them before initiating with forming a connection with Chinese suppliers.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Project A: Recommendations 1.It is recommended that the project team consults the board of directors before initiating with any process. 2.It is also recommended to the project team to refrain from the activities in future that involves child labour (Okyere 2013). 3.The company should formulate a code of ethics within the organisation to be followed by all the members.
Project B: Strategy & Ethics •Alignment with the strategy: oThe project strategy went hand on hand with the strategic goals of the company as it involved the identification of the stakeholders. oHowever, the project team failed to deliver the project on time. •Alignment with the ethics: oThe project sponsor bribing an official of the Australian Olympic Committee was taken as a serious issue of misconduct. oThe violation of the ethics hampered the reputation of the company as well (Fleming and Koppelman 2016).
Project B: PPS Snapshot DimensionScoreExplanation Stakeholders5/5•The stakeholders in execution of Project B was properly identified and they were appointed accordingly. Project Process2/5•The project failed to follow the company’s ethical standards for which the company had to suffer a reputational damage (Armour Mayer and Polo 2017). Innovation and Learning 4/5•New techniques of innovation along with the learning techniques were applied for manufacturing (Freeman 2013). Quality5/5•The quality of the products were excellent for which it was able to become the official supplier of AOC. Benefit5/5•One of the significant benefit of the project is that it increased the sales of the company by over $3 million. Use3/5•Though the project served the needs of the AOC, it substantially hampered the company’s reputation.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Project B: Conclusion •The completion of the project had to go through a lot of obstacles. •Although it was able to increase the company sales, it failed to finish within the stipulated deadline (Dolabi, Afshar and Abbasnia 2014). •There were a lot of controversies such as the bribing scandal that hampered the company’s reputation.
Project B: Recommendations 1.Henceforth, the project management team should try to complete the project within the stipulated deadline. 2.It should also strive to abide by the ethical standards of the company and refrain from engaging in those type of malpractices (Evans 2016). 3.Besides giving priority to the quality of the project, the ethical standards should also be looked into with attention.
Project C: Strategy & Ethics •Alignment with the strategy: oProject C including launch of the Ladybird sporting apparel was executed. oHowever, the project failed to increase the sales of the company (Miao and Evans 2013). •Alignment with the ethics: oThe products of this project did not have a market test.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Project C: PPS Snapshot DimensionScoreExplanation Stakeholders5/5•Stakeholders concerned with this project were successfully identified and deployed. Project Process5/5•The project requirements such as the timeframe and the budget were successfully met (Naldiet al.2016). Innovation and Learning 3/5•The project did not apply innovative techniques to fulfil the requirements of the customers. Quality2/5•The products of this project was of an inferior quality which led to customer dissatisfactions (Souca 2014). Benefit2/5•The project failed to bring in any benefits to the company as the company had to stop the new orders of the brand. Use2/5•The project was no use to the company since there was a loss in the customers and the company had to go through poor sales.
Project C: Conclusion •The project was executed successfully but it failed to abide by the company’s strategic goals. •The inferior quality of the products of the Ladybird brand led to customer dissatisfactions and poor sales (Tatikonda, L.U., 2013). •The company had to suffer a loss since they had to stop ordering the products.
Project C: Recommendations 1.Besides stressing on the project requirements the project team should also strive to market test the products in future. 2.The company should give special attention to the manufacturing of the products (Goetsch and Davis 2014). 3.The project team must look into the fact there are no loss of the customers due to poor sales in the future.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
References Armour, J., Mayer, C. and Polo, A., 2017. Regulatory sanctions and reputational damage in financial markets. Journal of Financial and Quantitative Analysis, 52(4), pp.1429-1448. Cohen, E., 2017. CSR for HR: A necessary partnership for advancing responsible business practices. Routledge. Dolabi, H.R.Z., Afshar, A. and Abbasnia, R., 2014. CPM/LOB scheduling method for project deadline constraint satisfaction. Automation in Construction, 48, pp.107-118. Evans, L.S., 2016. Enterprise dispute resolution: full disclosure and early offer policies in the event of an indisputable medical error. Journal of Health Care Finance, 42(4). Fleming, Q.W. and Koppelman, J.M., 2016, December. Earned value project management. Project Management Institute. Freeman, C., 2013. Economics of industrial innovation. Routledge. Goetsch, D.L. and Davis, S.B., 2014. Quality management for organizational excellence. Upper Saddle River, NJ: pearson. Herlihy, B. and Corey, G., 2014. ACA ethical standards casebook. John Wiley & Sons. Humphries, J., 2013. Childhood and child labour in the British industrial revolution 1. The Economic History Review, 66(2), pp.395-418. Jacob, S., Decker, D.M. and Lugg, E.T., 2016. Ethics and law for school psychologists. John Wiley & Sons. Martínez-Torres, M.R., 2013. Application of evolutionary computation techniques for the identification of innovators in open innovation communities. Expert Systems with Applications, 40(7), pp.2503-2510. Martinsuo, M. and Killen, C.P., 2014. Value management in project portfolios: Identifying and assessing strategic value. Project Management Journal, 45(5), pp.56-70. Miao, C.F. and Evans, K.R., 2013. The interactive effects of sales control systems on salesperson performance: a job demands–resources perspective. Journal of the Academy of Marketing Science, 41(1), pp.73-90. Naldi, M., Nicosia, G., Pacifici, A. and Pferschy, U., 2016. Maximin fairness in project budget allocation. Electronic Notes in Discrete Mathematics, 55, pp.65-68. Okyere, S., 2013. Are working children’s rights and child labour abolition complementary or opposing realms?. International Social Work, 56(1), pp.80-91. Singh, H. and Sharma, H., 2013. Consumer Perception toward s the Quality Marks of Products. International Journal of Management and Social Sciences Research, 2(9), pp.50-53. Souca, M.L., 2014. Customer dissatisfaction and delight: completely different concepts, or part of a satisfaction continuum?. Management & Marketing, 9(1). Tatikonda, L.U., 2013. The hidden costs of customer dissatisfaction. Management Accounting Quarterly, 14(3), p.34.