Bachelors Capstome in Management

The project and the team that I have chosen for the job is that of a manufacturing business producing children's toys. When one is to evaluate such a business it is important to look upon to the management team for the business. The management team would include with it a number of professionals. One of the most important of such management teams would particularly be the consultants and the advisors for the company.The consultants or the management of the company would be one of those people whose main job and responsibility is to conduct market research effectively and then look upon how the current market demand can be fulfilled by the manufacturing firms. Apart from this team of the management may also include with them the management accountants. These accountants may also perform the roles of the financial analysts and they actively seek to look upon at the business and the current position of the firm to identify and evaluate the possible prospects from the various products th at the company usually has.In addition to this, the team may also have with it the production technicians or those individuals who are directly responsible towards managing the entire production line and how any possible slowdowns in the process of production can be amended and improved accordingly. Team Concepts and Group Dynamics: It is important to note that an effective team work is phenomenal for this team in order to produce promising output. As a result a great deal of care is taken in order to ensure that the team members have good relations with each other.One of the ways the team concepts are always and continuously strengthened is by reiterating it to the members as to how important it is for the team members to collaborate with each other. In addition to this, there can be a variety of activities outside the workplace which could also be conducted and which may prove really very helpful for the group members to strengthen and recognize their efforts as a team. Perhaps th ere could be outings arranged where the team management could meet up for movies or so to build good relations amongst the team members (Reeve, 2008).Apart form this; the team that has been chosen for the particular tasks tends to share a set of common values or norms. Perhaps the one reason why this sharing of the norms tends to happen is because the team chosen belongs to similar class background. In other words, since it is the management team, most of the people working within the team tend to be those having white collar highly professional jobs and are often paid more. As a result they belong to the same social class and as a result have similar backgrounds.This also implies that they often tend to think along the same lines and this makes decision among and approval much easier than it otherwise may be. Advantages: One of the most important advantages that the team would have is that there is a greater understanding between the managing team which will then collaborate easily and conveniently amongst itself. Also there may be proper rules and norms which would be clearly established. This may make simple tasks more easily and quickly to being carried out.For instance, the technical department head would have a direct contact with the head of marketing and therefore any problem with the product or changes needed could be easily communicated. Apart form this; working with such a cooperative team would make work less tiring and annoying. Rather it would make working more motivating. It is also likely that the team would be willing to take up more challenging tasks and to fulfill them with due hard work especially because they are so motivated and like working together as a team (Moore, 2004). Disadvantages:However, there may be a number of problems associated with having a strong collaborating team. One of it may be the fact that any outsider may feel it to being very difficult with adjusting with the team. Moreover, since the group already has norms estab lishing new ones may particularly be very difficult. Moreover, new ideas and creativity may also not very well be appreciated. I addition to this, there may also be some problems with group loafing whereby peplum may spend more time socializing and less time working on the job (Rae, 2007). Communication Network and Organization Culture:It is important to note that since the group may be tightly knit there may be a more dire need to adopt formal needs of communications. This is particularly important also because informal communicational network in such a group may mean that things might get out of hand. Thus it may be4 better to adopt and explain to the team a proper network which needs to be followed for the firm process to be effective. moreover, there may be a need for a somewhat flexible form of leadership mostly with the leader filling the role of a mere facilitator and the group members contributing in.this may also imply that the organizational structure would be more informa l but then a certain deal of care ought to be taken to insure that a certain degree of formality within the organization is maintained (Thomas, 2009). Strike Issue: Since the labor is unsatisfied and has been on strike the best option to adopt in this case may be to talk and try and placate and fulfill the demands as much as possible. Since half the labor hired has been laid off it might get helpful if the remaining one of the labor is paid a greater compensation. This may lead them to have an incentive to work harder.At this point in time it is also important to convince the labor, perhaps by allowing profit sharing from the amount of output obtained as a greater incentive to work harder. Apart form this; there may be a number of techniques which may help to increase their loyalty. Perhaps one of the many can also be greater job security and fringe benefits. Reference: Reeve J (2008). Understanding Motivation and Emotion, Wiley Thomas K (2009). Intrinsic Motivation at Work, Berret Koehler Publishers Rae, D (2007). Entrepreneurship: from opportunity to action, Palgrave Moore, G (2004). Inside the Tornado, Harper Paperbacks