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Problem:

 The organization which we are discussing here is an educational institute that wants to achieve the target
 to admit 300 students by the end of 2013. Achieving this goal means earning high profits by cutting down
 average costs. Currently there are only 140 students studying there that results in very high costs even
 the institute is not in a situation to reach break even point. The entire goal is based on various things,
 specially the standard and quality of education which is being provided.

 The problem that our group identified from my organization is; Failure to meet targets which is actually
 due to lack of planning process and proper allocation of resources. This issue also leads another very
 critical problem i.e. lack of motivation among the employees. Another reason of this problem is that no
 specific task/goal is assigned to an employee to achieve it in taking part achieving the actual goal.




Solution:

For the above problem, we recommend a solution that to go through from proper planning process.

It includes;

       i.      Proper allocation of recourses.

               It includes allocation of employees by assigning them specific task to achieve the goal. Fix
               budget by allocating money that can make achieving goal possible

       ii.     Divide the actual goal into further small SMART goals.
      iii.     Develop proper schedules and set of procedures to achieve goal.
      iv.      Make such rules and procedures that can make daily or weekly assessment possible.



Management Theory in Practice:


Management Theory:

The solution that we recommended is clearly mentioned in the Management texts that mere goals do not
give end results and they should be assisted by some plans. The goal which is discussed above is tactical
goal but the tactical plans that will make achieving this goal possible were not decided in the above case.
So, we recommended solution in the light of Management to make tactical plans as well.


                                                                                                Group Members:
                                                                                                 Faheem Ahmad,
                                                                                                Muhammad Irfan,
                                                                                                 Mehboob Aslam

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Management assignment # 2

  • 1. Problem: The organization which we are discussing here is an educational institute that wants to achieve the target to admit 300 students by the end of 2013. Achieving this goal means earning high profits by cutting down average costs. Currently there are only 140 students studying there that results in very high costs even the institute is not in a situation to reach break even point. The entire goal is based on various things, specially the standard and quality of education which is being provided. The problem that our group identified from my organization is; Failure to meet targets which is actually due to lack of planning process and proper allocation of resources. This issue also leads another very critical problem i.e. lack of motivation among the employees. Another reason of this problem is that no specific task/goal is assigned to an employee to achieve it in taking part achieving the actual goal. Solution: For the above problem, we recommend a solution that to go through from proper planning process. It includes; i. Proper allocation of recourses. It includes allocation of employees by assigning them specific task to achieve the goal. Fix budget by allocating money that can make achieving goal possible ii. Divide the actual goal into further small SMART goals. iii. Develop proper schedules and set of procedures to achieve goal. iv. Make such rules and procedures that can make daily or weekly assessment possible. Management Theory in Practice: Management Theory: The solution that we recommended is clearly mentioned in the Management texts that mere goals do not give end results and they should be assisted by some plans. The goal which is discussed above is tactical goal but the tactical plans that will make achieving this goal possible were not decided in the above case. So, we recommended solution in the light of Management to make tactical plans as well. Group Members: Faheem Ahmad, Muhammad Irfan, Mehboob Aslam