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The skills learned in Organizational Management aided me in breaking down barriers and resistance to change. Understanding different supply chain structures and where they are most effective is important. Understanding how invoice handling costs roll up into indirect labor and SG&A expenses allowed me to show where improving processes can also improve the bottom line.
The skills learned in Organizational Management aided me in breaking down barriers and resistance to change. Understanding different supply chain structures and where they are most effective is important. Understanding how invoice handling costs roll up into indirect labor and SG&A expenses allowed me to show where improving processes can also improve the bottom line.
The skills learned in Organizational Management aided me in breaking down barriers and resistance to change. Understanding different supply chain structures and where they are most effective is important. Understanding how invoice handling costs roll up into indirect labor and SG&A expenses allowed me to show where improving processes can also improve the bottom line.
Lesson Learned: Using personal and professional power to accomplish a goal
Class: Organizational Management
The skills learned in Organizational Management aided me in breaking down barriers and resistance to change in order to develop a better way of tracking and approving invoices. Using personal power, I was able to relate to people in effective way to allow them to open up to me about problems they encounter on a regular basis. Using professional power I was able to assertively express to management and executive decision makers why invoice workflow and payment efficiency is not only necessary but vital to the companys future success. Professional power also came into play when dealing with employees who were still defiant to any change in structure. There are times when persuasion and influence get the best results and there are times when authoritative direction yields the desired result. The coursework covered in Organization Management helped me determine which is best to use in any given work situation. Lesson Learned: Effective supply chain structure and management Class: Supply Chain Successful supply chain methodology discussed in the supply chain coursework helped me become more innovative to problem solving. Understanding different supply chain structures and where they are most effective is important to proposing new ways of working on long standing problems. The case studies also proved helpful to not only encourage creative thinking among employees but highlight were such creative thinking lead to successful results in other organizations. Lesson Learned: Basic Understanding of financial reporting Class: Financial Analysis Prior to completing the Financial Analysis coursework, I had zero exposure to balance sheets, income statements and cash flow reports. I didnt have any idea how to read them. I didnt have knowledge of financial performance ratios and how they can provide insight to company performance. Because the company I worked with is family owned, financial reports are not provided to anyone outside of key accounting roles or executive management. Understanding how invoice handling costs roll up into indirect labor and SG&A expenses allowed me to show where improving processes can also improve the bottom line for the company. Additionally, demonstrating how early pay discounts have an impact on financial performance through the accounts payables figures created the impact needed to get the project off the ground. Lesson Learned: Statistical based modeling for decision making Class: Decision Analysis Many times decisions are made based on emotion rather than fact. Decision analysis provided the modeling tools necessary, such as network diagramming and linear programming. Because there is a great deal of mistrust and contention between the purchasing and accounts payable departments the most effective way to break down barriers to improvement is to provide statistical models with real data to show not only the current situation but how improvements can contribute to more efficient ways of working. Statistical modeling can also indicate where a potential solution that was thought to be the best course of action may not actually be so. Throuoghly investigating current states and potential solutions before deciding on an action plan is necessary to achieve the best possible outcomes. Lesson Learned: Leadership Class: Capsim Simulation Prior to the MBA program, I had a tendency to allow myself to be overrun by individuals that I perceived to be stronger or more knowledgeable than me. During the MBA coursework, I began to believe that I was competent and more capable than I thought I could be. Leadership was the first course where I volunteered to step up and lead the team. Another member was set that this role should be hers, so I backed down and gave away the opportunity. When the Capsim simulation came around, I volunteered to be the CEO for the team. I set the direction for the group to follow. I mediated when problems arose. I addressed individuals when their performance was not up to par. Capsim gave me the confidence to lead courageously and not to be intimidated by others. For the purpose of this project, I could have allowed individuals in the accounting department who were critical of the project to allow it to fail before it even got off the drawing board. I did not allow that to happen this time around. The end result of my persistence will be improved payment performance, increased supplier satisfaction and better relationships, and more streamlined processes within the company that allow employees to spend their time on value added tasks rather than data entry.
Subject matter expert Specific I am currently employed in an industry I know every little about. I have been tasked with becoming an expert in outsourcing and contract management. In order to achieve this goal, I must understand the manufacturing processes that are used in house so we can have parts outsourced when they are not core competencies to the organization Measurable This goal is measurable by achieving cost reductions and increased delivery performance. Achievable This goal is achievable by spending time in the production plants, getting training in blue print reading and by studying as well as benchmarking with organizations who have best in class processes already in place. Realistic The goal is realistic because I have been tasked with it as part of my regular job performance evaluation. Timely Within 6 months to a year, the learning curve is expected to be accomplished by focusing on the training opportunities that have been mentioned above. Small Business Owner Specific I am an independent person by nature. I dont enjoy at a desk, behind a computer all day or the mundane routine of an 8-5 office job. I would like to be my own boss at something I enjoy. I would like to open up an ice cream shop in the small lake resort town where I live and operate it during the summer season when the population increases from an influx of out of town visitors. Measureable This goal is measurable by developing a transition plan to exit the full time work force along with creating a business strategy for my new store.
Achievable At the current time, this goal is not achievable because I do not have the resources of time and money needed to make it a reality. This goal is dependent on the final goal listed below. Realistic The goal is realistic in terms of desire to make it happen. Market analysis needs to be completed to determine if there is enough business, and margin in the product, to make any money., Timely This goal is a minimum of 5 years away. Creating an action plan and timeline will help keep me on track. High School business teacher Specific As a manager, I have supervised numerous young adults that are both high school and college graduates. I have found both to be lacking in basic business education and time management and organizational skills. I plan on working on my teaching certificate so I can pursue the goal of becoming a high school teacher. Measureable this goal is measurable by obtaining a teaching certificate and securing a position teaching business classes at the high school level. Achievable This goal is achievable once I am in a position not work full time so I may complete the classroom observation hours and student teaching required by the state to be licensed. Realistic The goal is realistic because of my internal drive to do something more meaningful with my life and skill set. I would enjoy the opportunity to work with young people to help them make better choices in life and be more prepared for entering the workforce. Timely This goal should be accomplished in the next 5 years. I have less than two years of course work required to complete the hours and student teaching needed to earn a teaching certificate.