Based on the information you gathered in your process identification assignment in Unit 1, you selected a
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In this assignment, write a report analyzing the organizational problem and the process you have identified for your OIP (the carpet placed under the driver seat, as the carpet under the seat was struck in the accelerator in the Toyotas Lex Sedan vehicle). Outline your process improvement idea, including the following elements:
Problem statement: What exactly needs to be improved? Use problem framing and cause-and-effect analysis to develop a brief, preliminary problem statement. Note: You will expand your problem statement in the Unit 3 assignment.
Background of the issue: Detail relevant historical data, including how long the problem has been occurring, and what it is costing the organization. Note: You are not expected to provide specific data results at this early stage of your investigation.
Implications: What could happen if the problem continues as it is? What could happen if the process is improved? Outline both tangible and intangible pros and cons for improving the issue or ignoring it. Identify some potential general business results and impacts on business relationships.
Desired outcome: How will your new process be different from the old? What competitive advantages will it yield? How will it impact stakeholders? Consider the cost-benefits of the process improvement, estimating how much will it cost the organization and outlining how costs will be offset by the benefits derived.
Stakeholders
A person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...
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Related Book For
Financial Reporting and Analysis
ISBN: 978-0078025679
6th edition
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
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