Wednesday, February 12, 2020
Mod # BUStwo feedback loops in your organization (HP INC.) Essay
Mod # BUStwo feedback loops in your organization (HP INC.) - Essay Example In a move to improve profitability the company is planning to outsource PC manufacturing facilities worldwide. This would help the company to increase profitability by focusing on its core strengths which includes supply chain management, new products and services development and supplier management. (www.hp.com) Management Intent: The management believes that as everything as a Service evolves, there is an opportunity to reshape the computing industry forever and, more importantly, create more dynamic services that enrich our everyday lives and improve how we do business. To realize this potential, the technology industry must innovate at a higher level of intelligence into the next generation of devices, networks and software. When we are successful in providing better user experience, we will be poised for the next wave of growth. (www.hp.com) Feedback loops Employed by HP: Customer groups in various markets - Speed quality and flexibility are some of the requirements of the customer groups as far as technology is concerned. Manufacturers like HP would like to classify their customers as large businesses, individuals with home office and the younger generation. Further this would also give an insight to the market size and location, stage of the product life cycle in each of these consumer groups and characteristics and influences of the buyers (demographic details).Global marketers like HP will would resort to this method of feedback which brings into focus the basic information necessary for development of a strategic plan for production.Survey on Product technology - This form of feedback involves the markets being broken down into segments. Volumes of requirement are forecast to identify and explore the requirements for niche products and otherwise. This feedback would also give the companies required product mixes, c omplexity, differentiation and frequency of manufacturing required. The purpose of selecting these loops was to bring to attention that the major deciding factors of cost in production are related to these. Balancing feedback brings in optimum product quality at the lowest possible pricing leads to goal seeking behavior. Complex systems are composed of multiple feedback loops laid upon one another. How this can be used in OD Hp can make use of these loops by empowering the team of people involved in these activities, by which the results would be extraordinary. The company can help teams involved to manage culture, process, systems and relationships which in turn would be effective and would also reflect on Organizational development. People learn together by submitting their shared vision to testing. When complex dynamics exist, a shared vision allows organizational members to examine assumptions, search for leverage points, and test different policy alternatives. This level of learning often requires simulation, which is a much more specialized systems technique. (Larsen, K., McInerney) Effects of feedback loops on Org Effectiveness Long and Short Term: The effects of these feedback loops on organization effectiveness are as follows Long Term: Organizations strive to reach their potential by sharing this vision of worthy goals with employees. There is a Lifelong commitment to high quality work can result when teams work
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.