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What is a learning organization? Share how they important in the development of strategy in a company. Using your degree focus as a your guide, what areas would you focus on to develop a “learning” atmosphere in your company or department?

Answer each of the questions bellow using 100 words or more and two sources each. Each question must be answered separately..

Question 1:

What is a learning organization? Share how they important in the development of strategy in a company. Using your degree focus as a your guide, what areas would you focus on to develop a “learning” atmosphere in your company or department?

Question 2:

Michael Porter is known for communicating Five Forces that impact industry competition.

Define these Five Forces
Provide an example of a company or industry and how one of the forces (your choice) may be impacting them.

Question 3:

Internal analysis is an important part of strategic planning. All resources must be analyzed to determine whether they represent a strength or weakness.

What role does organizational honesty plan in this analysis?
How can a company not blindly overstate their strengths?
How can a company not blindly ignore their weaknesses?
How might you use one or more of the analysis methods presented in Chapter 5 to accomplish this task?

Question 4:

A Functional Strategy is important for a company to help maximize their resources and their productivity. The functions of a company are widespread. Select one of the following functions described in Chapter 8, and discuss the importance of that strategy to overall company performance.

Marketing strategy
Financial strategy
Research and Development strategy
Operations strategy
Purchasing strategy
Logistics strategy
Human Resources strategy
IT strategy

Question 5:

An Organizational Life Cycle or Product Life Cycle is an important topic for companies to understand. (https://www.legacee.com/potpourri/the-organizational-life-cycle/)

Share each stage of the Life Cycle
Select one of the stages of the Life Cycle (except Stage V) and provide an example of a company or product that is currently in the stage you selected.
Make sure to be very specific as to why you believe they are in that stage.

Question 6:

Chapter 12 provides examples of different control systems. Provide examples of:

Behavior controls
Output controls
Input controls

Question 7:

Having a general understanding of financial ratios for companies is important for many people? How might this be beneficial?:

As a current or future manager of a company?
For your personal lives?

Question 8:

Find an article about project management or project risk assessment. After locating the article and completing the assigned readings, answer the following questions:

Define risk and risk management and explain why risk management is important.
How is risk related to the opportunity?
How does risk level vary with project life cycle stages?
What was the most interesting information did you discover from the article?

Question 9:

What are the benefits and drawbacks of using the various forms of risk identification mentioned in the chapter (e.g., brainstorming meetings, expert opinion, etc.)? Which of the information gathering techniques do you feel is the most effective? Why?
Which method would you be most comfortable using, if any? Why?

Question 10:

What are the benefits and drawbacks of using a qualitative risk impact matrix for classifying the types of project risk?
What are the benefits and drawbacks of using a quantitative risk assessment tool such as the one shown in the chapter?
Sketch a 2 × 2 risk management assessment matrix and discuss the impact of each quadrant.

Question 11:

Discuss the use of mentoring and cross-training to help minimize risk.
When are these methods most effective?
If you have experience with either of these techniques, share an example illustrating the success or failure of these programs as they relate to risk mitigation.

Question 12:

Describe the possible impact of monitoring and controlling risk on future projects. Provide at least one example of how effective risk management can affect the outcome of future projects.

Question 13:

Based on the examples given in this week’s reading assignments, which of the project types do you feel would provide the biggest challenge from a risk management perspective? Explain your answer.

Question 14:

Why are post-project reviews important? Give at least two examples of specific benefits gained from performing a post-project review.

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