BUS599 Excelsior College Change Management Simulation Questions
Question Description
Part II: Executing your Strategy
discuss the decision-making strategy you used throughout the simulation. Address the following:
What occurrences and incidents impacted your decision?
Tried to reach the general population to get as many interested as possible
What adjustments did you have to make to your strategy?
I bounced between focusing on reaching out to everyone in the organization to focusing on individuals wants, needs and interviews
When did your strategy succeed and when did it fail?
right before I moved into the movement phase, my strategy failed.
How did you adapt and what was the impact?
I tried to focus on reaching out to a larger population in hopes to achieve more adopters
What criteria did you use to make adjustments?
Kept a close eye on my effectiveness ratio to decision making outcome try to understand what would spark the interest in most.
Compare and contrast the decisions you made in the simulation to the decisions you made for the organization you chose in Module 1. How did making a decision alter your strategy? How was this experience similar to the research you have conducted and experiences you have had in the real world?
Your assignment should be 3 to 4 pages in length and be formatted following APA guidelines.
Simulation Scenario
You are Director of Product Innovation within the Research & Development unit of Spectrum Sunglass Company. Spectrum’s immediate future looks bright as the company enters its second decade of operations. Externally, the consumer sunglass market is growing again, and competitive-pricing pressures have subsided. The company recently rehired some of the workers laid off during the last recession, and many departmental budgets have been restored to well-funded, pre-recession levels. You are especially proud that one potential new product design has received positive focus group feedback after the first phase of development, and some exciting branding deals with Hollywood celebrities are under negotiation. Everyone at Spectrum Sunglass is looking forward to growth and enhanced earnings.
While you generally feel very positive regarding the situation at Spectrum, you have noticed that the topic of sustainable economic development and the link between sustainability and innovation is featured in many of the professional articles you read, such as “Why Sustainability Is Now the Key Driver of Innovation.” You are frustrated that you don’t have any new sunglass products to offer to the vocal customers who increasingly express concerns about Spectrum’s environmental impact. Not only does sustainable development make sense to you personally, from both a moral and an economic standpoint, but you also see this as an opportunity to differentiate Spectrum’s products from your competitors, which focus exclusively on design and price.
During Spectrum Sunglass Company’s annual strategy retreat, you decide to pitch the idea of forming a task force to make the company and its products more environmentally sustainable. Your vision for Spectrum consists of three specific goals: (1) Eliminate 25% of waste by redesigning the manufacturing process; (2) reduce the current level of greenhouse gas emissions by 15%; and (3) create a new product line based entirely on environmentally benign materials. You argue that these goals, while aggressive, are achievable within the next two years. You also add that based on your current understanding, the task force will need to pursue the following activities: (1) Conduct energy audits and set aggressive milestones for improvement on the three goals; (2) redesign processes and products to be more environmentally sustainable (and scale up successful experiments quickly); (3) analyze environmental life cycles throughout the entire value chain inside the firm and with its suppliers; (4) seek to replace fossil-fuel energy sources with renewable energy sources; and (5) seek to replace petroleum-based materials with biodegradable materials.
After politely listening to your proposal, Andrew Chen, the General Counsel, interjects that in his professional opinion, the sustainability project opens up the company to unnecessary legal risks. If the company does go ahead, he advises that only one of the three goals be pursued and that it not be publicly announced or promised until after a careful internal due diligence process. Then the CFO, Paul D’Arcy, speaks up, adding that instead of focusing on a pie-in-the-sky sustainability project, the task force’s time and money would be better spent on finding innovative ways for Spectrum to reduce raw material costs and counteract the seasonality of its business. Just when you are about to inject a counterargument to this increasingly negative reception, Luke Filer, the VP of Operations, states that he is concerned about a product and process change that is likely to increase raw material costs and disrupt exist