The Hexagon of Excellence Assignment Example | Topics and Well Written Essays - 500 words

The Hexagon of Excellence - Assignment Example When there is effective communication, teamwork and trust, the organization is headed for excellence. With increased trust, project funding can be brought down from the executive level to intermediate management (Schein, 2010). This characteristic reduces the cost and time of methodology execution. Training and education is a significant aspect that has both quantitative and qualitative results. Quantitatively, the product development time is shortened while higher quality decisions are made faster. The cost of project is lowered through a reduction in paperwork and the number of people involved while higher profit margins are realized. Qualitatively, there is improved visibility and emphasis on results with enhanced coordination. The morale of workers increases resulting in improved customer relations (Kerzner, 2005). Training and education are necessary to maintain a competitive workforce. The strategy helped the previous employer to maintain innovativeness in project implementation, which continuously made work easier, less expensive and also boosted the morale of employees. There was a project management curriculum that was reviewed annually to incorporate new areas of competence. It contained a core competency prototype for the elementary and advanced abilities that a project manager was required to possess. All the training programs were focused on supporting the core competency skills. Moreover, trainings were conducted regarding ethical behaviour within the company as well as when interacting with customers. Project managers were also taught on decent business practices. Project management executives were also involved in senior managers’ workshops and trainings designed to enhance maturity of project management (Rothaermel, 2012). Organizations lose huge sums of money through wasted project spending leading to low shareholder value. A major factor contributing to such losses is failure to align projects with corporate

The Operational Process of Al-Hassan Group of Companies of Oman Essay - 3

The Operational Process of Al-Hassan Group of Companies of Oman - Essay Example This paper illustrates that Al-Hassan Group of Companies is one of the largest corporations in Oman. They operate mainly in the energy sector and are engaged in catering services as well as products to their customer base. The market of Al-Hassan is not only confined to the domestic consumers but they also export products to other Gulf nations. They are also trying to enhance their operations in the European and Asian markets for further increasing the profit generation process and organizational development. The operational process of the business is thus developed in a complex manner which encompasses service as well as product management. The services are majorly dependent on the demand of the local marketplace of Oman whereas the product manufacturing process considers the demand at a multinational level. The manufacturing segment of the company can be segmented mainly to three groups which are Al-Hassan Switchgear Manufacturing Co. LLC (AHSG), Al-Hassan Power Industries LLC (AHP R) and Al Hassan Lighting and Fan Industries LLC. The activities of all three production units are maintained with the help of strict monitoring and performance development processes. Al-Hassan’s operational functions are not responsive or fixed, rather they are adaptive in nature which allows the company to adjust to the changes in demand of the consumers and accordingly develop their supply processes. The regular flux in the operations no doubt reduces the market risks but this also can disrupt the production processes. Also, it was noted that in comparison to the ratio of changes being implemented in the supply chain system, the implementation of change management procedures is limited in Al-Hassan.