Performance Evaluation of DeGrandis Sporting Goods
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This presentation provides a performance evaluation of DeGrandis Sporting Goods, one of Australia's largest sporting and exercise equipment retailers. It discusses their strategic goals, ethical standards, and key projects. The presentation also includes recommendations for improvement.
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Introduction DeGrandis Sporting Goods Project Portfolio:DeGrandisSportingGoodsis Australia'soneofthe largest sporting and exercise equipment retailers. Along with their own private labelled product range, called DeGrandis, companysellswiderangeofpopularinternationalbrands including, Nike, Adidas, Puma, ASICS, and more others. Three Key Projects: Project A –DeGrandis Running Shoes ProjectB–PartnershipwithAustralianOlympic Committee (AOC) Project C –Ladybird Sporting Apparel
DeGrandis Strategic Goals Key Strategic Goals: Deliver Brand new shoe under own label for doubling revenue from sale. Become official supplier of sporting equipments to Australian Olympic Team. Introducingenvironmentalfriendlysporting apparel.
DeGrandis Ethical Standards Key Ethical Standards: Prohibits child labour under company's Code of Conduct (Freeman and Gilbert, 2008). Code of conduct prohibits bribery for generating business. Maintaining standards or quality of product.
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Project A: Strategy & Ethics Alignment with strategy: Deliver Brand new shoe under own label for doubling revenue from sale. Developed new sole cushioning technology. Increased sales and revenue by over $5 million. Alignment with ethics: Project team have not consulted with Board of directors, beforecomingwithagreementwithChinese manufacturer and supplier. The Chinese supplier uses child labour in their factory, which is prohibited under DeGrandis' Code of Cunduct.
Project A: PPS Snapshot
Project A: Conclusion Project A was successful as they have achieved their goal of introducing new range of running shoe under their label. Withinprojecttime-frame,projectteam successfullydevelopednewtechnologyin running shoes. Customerslovesnewproductsandhave outsoldtheirrivalsthroughpromoting innovation(Singer, 2007).
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Project A: Recommendations More budgets should be allotted to research and development (R&D) for more innovation in their product range (Daniel and Gilbert, 1986). Project team must consult with their Directors before entering into any agreement with suppliers. Have to comply on their Code of Conduct for maintaining ethical standards, for demoting child labour.
Project B: Strategy & Ethics Alignment with strategy: Becoming official supplier of sporting equipments to Australian Olympic Team. All key stakeholders are identified and consulted. Based on stakeholders needs, a comprehensive list for project requirements were developed. Project is running six months over scheduled project time frame. Alignment with ethics: Highranking AOCofficialwaspaidincentivepaymentforapproving partnership. This incident have become a public scandal and company have suffered reputational damage. Company's Code of Conduct was breached, as it prohibits payment of bribes to render business.
Project B: PPS Snapshot
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Project B: Conclusion ProjectBforpartnershipwithAustralian OlympicCommitteewouldhavemadethem official supplier for country's Olympic team. Comprehensive list of projects requirements are to be developed based on stakeholders needs, after consulting with them. For achieving project goals they must follow company's code of conduct.
Project B: Recommendations Everyprojectshouldbeattainedusing appropriate ethical medium. Theyshouldnotbreachtheircodeof conduct,andavoidbriberyfordoing business (Callahan and Brooks, 2004). DeGrandishavetotakemeasuresfor correcting their negative reputation created by the scandal.
Project C: Strategy & Ethics Alignment with strategy: Project C have introduced sporting apparel known as Ladybird in their DeGrandis Sporting Goods product range successfully. Project requirements such as budgets and timeframe were met. Propermarkettestingwasnotdonepriorproduct launch. Alignment with ethics: Inferior quality products were introduced, resulting to increase in customer complaints.
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Project C: Conclusion Project C was introduced Ladybird brand successfully as environmental friendly sporting apparel. DeGrandis have not performed product testing prior to their launch. Due to which customers complaints have increased, complaining products inferior quality. Customer were not satisfied, which resulted in poor sales and decrease in revenue.
Project C: Recommendations Before introducing a new product range it has to be checked by company itself, as well as also market tested for getting feedback or opinion about product. For gaining higher profits customers are not to be provided with inferior products. Companycanretaintheirbrandimageby maintainingitsproductquality(Gokmanand Ozturk, 2012).
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References Gokman, A. and Ozturk, A.T. 2012. Issues of Business Ethics in Domestic and International Business.International Journal of Business Administration.3 (5). Resch, M. 2011.Strategic Project Management Transformation.J. Ross Publishing. Hossenlop, R. 2010.Organizational Project Management: Linking Strategy and Projects. Berrett- Koehler Publishers. Ratapol, W. 2016. An efficient resource allocation in strategic management. Journal of Intellectual Capital. 54 (7). Kerzner, H. and Kerzner, H.R., 2017.Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Meredith, J.R. and Mantel Jr, S.J., 2011.Project management: a managerial approach. John Wiley & Sons. Too,E.G.andWeaver,P.,2014.Themanagementofprojectmanagement: A conceptual frameworkforprojectgovernance.InternationalJournalofProjectManagement, 32(8), pp.1382-1394. Killen, C.P., Jugdev, K., Drouin, N. andPetit, Y., 2012. Advancing projectand portfolio management research: Applying strategic management theories.International Journal of Project Management, 30(5), pp.525-538.
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