Process Improvement Proposal

Instructions

In your proposal, use specific language and include evidence-based concepts from peer-reviewed literature, including a minimum of four outside peer-reviewed sources. Communicate information and ideas clearly, accurately, and concisely, including reference citations and using correct grammar. Include the following in your proposal:

Describe the selected organization, including its vision and mission.
Analyze the company using any adaptation of the Kaplan and Norton balanced scorecard framework that fits your selected organization. Refer to the materials in the Resources.
Communicate vision, strategy, objectives, measures, targets, and initiatives for each of the following four elements through a macro-level discussion:
Financial performance measures.
Internal business processes.
Learning and growth.
Customer satisfaction.
Convey the organization’s values through an ethical, organizational, and directional strategy.
Recommend evidence-based and best practices for monitoring and improving discussions.
Generate one recommendation for each of the following:
Process improvements.
Quality improvements.
Organizational efficiency.
Learning implementation.
Implementation and evaluation.
Additional Requirements

Written communication: Written communication should be free from errors that detract from the overall message.
APA formatting: Resources and citations should be formatted according to APA style and formatting guidelines. Use APA format for all of the following:
Cover page.
Abstract.
Table of contents, including a list of figures and tables.
Headings and subheadings.
Reference list.
Number of resources: A minimum of 6 resources. The following Norton and Kaplan articles will serve as two resources.
The Balanced Scorecard: Measures that Drive Performance.
Linking the Balanced Scorecard to Strategy.
Length of paper: 68 typed double-spaced pages.
Font and font size: Arial, 10-point.

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How will the nominal group technique be used to achieve this goal?

Assignment Details

The planning for the community building session is almost complete. The last details are how to conduct the plenary sessions for sharing information across groups to develop key priorities and themes that will need to be addressed.

There are two sessions that need to be planned. One is to review the work done by intact work teams. In this larger session, the goal is to spot patterns and identify themes that can be used to plan actions. These patterns or themes will come from the stop–continue–start charts developed by each functional group. In this way, not only will the changes that need to happen be identified, but aspects of effective work (those things that work well and should be continued) can also be reinforced.

The external consulting team strongly recommended a “cross-functional, by-level grouping” for the first step. Their aim is to promote understanding of priorities and show how different issues at different levels of the organization can be aligned. The internal consulting team is excited about being the primary facilitators for these sessions. Everyone recognizes that a structured approach will be critical (for timing and to control decision–making inputs). The approach called Nominal Group Technique (NGT) seems to be ideally suited to this task.

You want to prepare yourself for conducting the session. Use the library, Internet, or other resources to research NGT. Because each grouping will be of a differing size, you want to tailor the overall steps of NGT to the situation you will facilitate. To do this, you must create a meeting session plan (a document of 4–5 pages) that will answer the following questions:

  • What is the goal of the session?
  • How will the nominal group technique be used to achieve this goal?
  • How will the members of the team work together (guidelines for effective participation)?
  • What specific steps and tasks will be involved in achieving the goal?
  • How much time will be allocated to each step or task? What voting mechanism is most appropriate for the size of the group and the specific stage of the process?
  • What will the outcome look like? What will the group present to the other levels?

Download a sample format here. Your assignment is to complete the missing sections (in red) and develop any additional participant materials or instructions to assist the group in completing the task. see attach file

 

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Investment projects should never be selected through

Investment projects should never be selected through purely mechanical processes. Managers should ask questions about the positive net present value (NPV). Good managers realize that the forecasts behind NPV calculations are imperfect. Therefore, they explore the consequences of a poor forecast and check whether it is worth doing more homework. They use several different tools and analysis techniques to answer their what-if questions.In addition, managers should consider the types of bias, both unintentional and intentional, that may enter into the capital budgeting analysis. As part of this assignment, you will examine the potential motivation for unethical behavior by executives that may take place in the capital budgeting process and explain how biasing cash-flow estimates can work to the advantage of the executive who intentionally inserts such bias.Assume that you are employed by a wood milling company that is evaluating the desirability of adding a new product to their product mix. The product would require the addition of new and different CNC (computer numerical control) milling equipment. Your boss has asked you to analyze a project proposal and recommend whether the project should be accepted or rejected. The most likely project estimates are: Unit selling price = $50Unit variable cost = $30Total fixed costs including depreciation = $300,000Expected sales = 30,000 units per yearThe projects will last for 10 years and will require an initial investment of $1 million, which will be depreciated straight-line over the project life to a final value of zero. The firms tax rate is 35% and the required rate of return is 12%.Your boss recognizes that some of these estimates are subject to error and wants to better understand the risks associated with the project and alternatives for dealing with those risks. You have been asked to include a sensitivity analysis in your report. You are also to explain how changing the discount rate might be helpful.Your boss has heard about cash flow estimates being biased for personal gain at the companys expense in another firm and would like to better understand that potential problem. You have been asked to address that in your report.The team developing the proposal estimated that variable cost and sales volume may each turn out to be as much as 10% higher or 10% lower than the initial estimate. To complete this assignment, you are to submit a four to five page paper that includes the following:Using MS Excel:Calculate the project’s NPV for the most likely results.Calculate the project’s NPV for the best-case scenario.Calculate the project’s NPV for the worst-case scenario.Calculate the project IRR for the most likely results.You will transfer your calculations into your final report. In a 4-5 page paper in MS Word:Exhibit your Excel function entries and results, or your calculations using present value tables, for each of your NPV and IRR calculations (A-D) and provide an explanation of all calculationsExplain your recommendation regarding whether the project should be accepted and a justification of your response.Provide an explanation of how adjusting the discount rate in the basic NPV model of capital budgeting deals with the problem of project risk.Examine the potential motivation for unethical behavior by executives that may take place in the capital budgeting process and explain how biasing cash-flow estimates can work to the advantage of the executive who intentionally inserts such bias.

 

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Complete Marriage and Family Home Reference Guide

Explore the Issue Papers

You will choose a topic from the Complete Marriage and Family Home Reference Guide to study more closely. In 4–6 pages, you will compare current knowledge with facts from research and then examine the chosen topic from both a psychological and a theological perspective.

1. Briefly provide your initial thoughts on the topic. This section will not require source material. The purpose is simply for you to identify what you know about this topic. You may discuss facts, a biblical perspective, the moral dilemma involved in the topic, or just your thoughts around the topic. This section must be 1 page.

2. Look at the research that has been done on the topic. This section must be well-organized with headings and subheadings and must include at least 4 empirical sources. This section must be 2–3 pages. You may consider, but are not confined to, the following prompts and questions:

· Check some of what you know against what research has to say. How could this topic affect a marriage or family?

· What are benefits and consequences of approaching this topic and working through it within the affected family unit?

3. Compare the psychological and theological perspectives of the topic. The point here is to compare what the research says about the topic to what the Bible says about the topic. Not all of the topics from “The Quick-Reference Guide to Marriage and Family Counseling” are directly mentioned in the Bible. However, you may use biblical principles and discuss similarities and discrepancies found between these 2 perspectives. This section must be 1–2 pages.

4. The conclusion of this paper must include a good summary of the information provided in the preceding 3 sections. You must also provide an idea for future study of the topic. What further information could be provided in relation to this topic? For example, what are some variables that play a part of depression in marriage? Is depression within marriage easier to work through if the depression is a result of a mood disorder or of circumstances outside of the marriage?

5. Correct current APA formatting must be implemented throughout this paper, including avoiding first person and using properly formatted citations and headings. A title page and references page must be included; however, an abstract will NOT be necessary for this assignment. Assignment instructions and the grading rubric must be carefully reviewed to ensure that all assignment criteria are met.

Reference

Dobson, J. (2000). Complete marriage and family home reference guide. Carol Stream, IL: Tyndale House Publishers, Inc. ISBN: 9780842352673.

 

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