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Organization and Strategy at Millennium case study solution - 0 views

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    Millennium Core issues related to the case: * To establish a formal set up in the organisation and a productive relationship with Millennium's management team while maintaining its entrepreneurial vision and culture. * To bring Millennium back to profitability by moving it from its R&D roots to a more commercially-focused platform. * To regain credibility with the investment community. * To reallocate the resources of Millennium between its commercial and R&D platforms. * To optimize current commercial opportunities without jeopardizing future product development. * Informal review process and compensation system. * Lack of employees in commercial wing of Millennium. * Ignorance of competition faced by the company with regard to its products. * Failure due to marketing philosophy of Millennium. * Losses due to failure of some alliances. * Lack of competent employees at executive level mainly in R&D. Analysis of data for the root cause/s of the problem Millennium's organizational structure and processes had always been more informal than those of larger companies. It was organized around its people. Employees relied on informal committees and ad-hoc systems throughout the firm to help guide the business and coordinate operations. A lot of people resisted or resented the change in culture when Levin began to professionalize executive meetings when Millennium prepared to launch Velcade commercially and to restructure its business. There was Frustration among employees due to informal review process and biasness in terms of deciding over compensation policy. Over time some disadvantages of the alliances began to manifest themselves. Failure occurred in acquisition of CORE by Millennium. Huge cost incurred in restructuring process in 2003. Millennium fails to consider the competition Integrilin faced in the market. Marketing philosophy of Millennium that markets were won through good science and clinical data so products based on good data woul
rblacademy

Comparative analysis of Organisational Culture, Design & Structure - 0 views

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    Organisational culture JCBPPI GLOBSYN M & M ONGC 1.UNIQUENESS The culture at JCBPPI is marked by unique characteristic of "Sense -Of - Urgency' that prevails seamlessly through entire JCB Group. Globsyn strongly believes in 'Taking People to the Next Level'. Globsyn is a problem solver with an unwavering passion for performance. The unique aspects of culture in the organization is philosophy of 'Rise'. Three important pillars Of Mahindra & Mahindra's culture is 1. Alternative thinking 2. Driving positive change, and 3. Accepting No limits. creativity and out of box thinking is the foundation upon which culture of ONGC prevails. 2.Changes to be made Need for a unique customer centric culture that shall be very different from JCB culture as a market leader organization as the Head Office is now. Need for an employee centric culture in order to increase the satisfaction level of the employees and the organisation has adopted this change too. No changes required to be made as they continuously work on bringing and adopting positive changes to increase the level of efficiency. Need to empower, act as a global thinker and provide opportunities for initiatives creativity and innovation. 3.Organisational set up Informal Set Ups Dominate. 90% of the work in and b/w departments is done on telephonic / direct meeting basis and mails and memos are limited to those absolutely necessary to record keeping. Informal Set Ups Dominate. More than 70 % of the work in and b/w departments is done on telephonic / direct meeting basis and mails and memos are limited to those absolutely necessary to record keeping. Mix of formal and informal set ups prevail. As per the requirement of the scenario, formal rules are followed and for routine work they show little endeavor to go on writing work and prefer oral communication. Highly formalized and organized set ups. Proper written communication is followed in order to perform the tasks of the organisation. Circulars, notice
rblacademy

Exploring the Benefits of Summer Internship MBA/BBA Projects and Home Tutors & Online T... - 0 views

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    Business education has gained immense importance in today's world, with an increasing number of individuals seeking management degrees such as Master of Business Administration (MBA) and Bachelor of Business Administration (BBA) to advance their careers. However, completing these courses successfully requires not only a comprehensive understanding of business concepts but also excellent project report and assignment writing skills. That's where RBL Academy comes in with its comprehensive MBA and BBA project report and assignment solutions. MBA Project Report Solutions: An MBA program is highly demanding, and the project report is an essential component of it. The report should demonstrate an in-depth understanding of business concepts and showcase analytical and research skills. RBL Academy provides MBA project report solutions that meet all these requirements. The solutions cover various specializations, including marketing, finance, human resources, operations, and others, ensuring that students get tailor-made solutions for their specific requirements. BBA Project Report Solutions: Similar to MBA programs, BBA programs also require students to prepare project reports to showcase their understanding of the business concepts taught in the course. However, as BBA is an undergraduate program, students may face difficulties in writing comprehensive project reports. RBL Academy's BBA project report solutions provide students with the necessary guidance to craft a compelling report that meets all the requirements. MBA Assignment Solutions: Apart from project reports, MBA programs also require students to complete assignments to demonstrate their understanding of specific business concepts. These assignments may be highly technical and require a deep understanding of the topic. RBL Academy's MBA assignment solutions provide students with the necessary guidance to complete their assignments with ease. BBA Assignment Solutions: BBA programs also have a similar requirement
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