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Swot Analysis of Millenium Group

Autor:   •  December 4, 2015  •  Case Study  •  1,170 Words (5 Pages)  •  375 Views

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Bob Knowlton

Sec No

Group No

Name of the case

Name or names of the person created the final output

BKFS

B2

Bob Knowlton at Simmons Securities

  1. Akshay Anand
  2. Anavi Nagi
  3. Kuldeep Jadeja
  4. Sahana Murali
  5. Shruti PB

Problem Statement

In what ways can the organisational citizenship behaviour be improved in Simmons Securities

What is OCB????

Addressed at system level

EXTERNAL ANALYSIS

POLITICAL

Implications on the problem

Nil

ECONOMIC:

Implications on the problem

Nil

SOCIAL

Implications on the problem

Nil

TECHNOLOGICAL

Implications on the problem

Nil

CULTURAL

Implications on the problem

Nil

LEGAL

Implications on the problem

Nil

SWOT ANALYSIS OF MILLENIUM GROUP

Strength

  1. Collaborative team
  2. Open to new ideas
  3. Innovative team
  4. Intellectual people
  5. Knowledge sharing through daily meetings.
  6. Promoted thinking process in employees
  7. Perseverance to solve the technical issues through meetings

Weakness

  • Communication Gap among peers and supervisors
  • Ineffective leadership
  • Inter-group behaviour
  • Non-involvement of supervisor in the team meetings.
  • Insufficient of roles and functions of employees.
  • Information asymmetry

               (E.g.: Information about Festers

                temporary involvement was not          

                 Conveyed.)

  • Non-existence of efficient feedback mechanism
  • Aggressive approach by Fester degraded the morale of other teammates
  • Recruitment process is inconsiderate of the existing employees.
  • Individualistic approach by Fester

Opportunity

  • To build an exhaustive derivative product.

Good

Threat

  • Bad working environment
  • Role clash
  • Losing valuable employees
  • Structural deformity
  • Some of these you must reconsider

FACTORS AND CRITICAL FACTORS

Factors

Critical factors in order of their priority for developing options

  1. Inter-personal Communication
  2. Information flow
  3. Knowledge Sharing
  4. Motivation
  5. Individual plan or team work
  6. Co-operation in solving problem.
  7. Involvement of supervisor in team meetings
  8. Recruitment process
  9. Allocation of roles

  1. Distinction in roles and functions
  2. Recruitment process
  3. Inter personal communication
  4. Motivation

ANALYSIS OF THE CRITICAL FACTORS

  1. Distinction in Roles and Functions:

The roles of individual team members should be clearly defined and well understood to improve collaboration in an organisation. This allows them to do a significant portion of their work independently. Before the entry of Simon Fester, everyone reported to Bob Knowlton directly who held the designation of Project Manager. But later on Simon fester started dominating the meetings. Even during the Simmons Securities’ top managers’ meet, Simon Fester accompanied Bob Knowlton. He dominated the meeting.

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