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Icelandic volcano1
Case study
Qno1:Could a company even plan for this
type of situation? If yes, how? If not, why not?
Yes, a company can plan for this
type of situation. Natural disasters
are unpredictable and can happen
any time. However, when facing a
situation like this they can plan for
a specific but flexible plant.
Q NO 2:Would goals be useful in this type of
situation? What types of goals might a
manufacturing company like BMW have in
such a situation? How about a global airlines?
How about a small flower grower in Kenya?
Yes, setting up goals would be
important in a crisis situation. Goals
would provide managers and
employees a direction outwards the
outcome and it will also help them to
evaluate their performances.
BMW- BMW would want to have a
strategic goal coming from division
management. As the issue is with one
particular plant so the decision will
have to come from the Management
of that division.
Global Airlines- As this is a crisis of global airlines
the strategic planning will have to come from top
management.
Small flower grower- The strategic goals of small
flower growers could be more of individual level.
QN03:What type of plans could companies
use in this type of situation? Explain why you
think these plans would be important?
Companies would use specific but flexible
plans. Natural disasters are crisis situation
which coming without any prior warning so
using a specific plan seems the best
solution. Managers can focus on the
particular problem and aim to eliminate the
issue. However, they also need to make
sure they are flexible and are willing to
alter the plan when needed.
What lessons about planning can managers
learn from this crisis?
Crisis situation in businesses can come any
time and managers always need to be aware
about it. From this crisis situation managers
can learn that no matter how concrete the
plan is they might have to alter the plan
when the situation…...
Volcano

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Volcano

  • 2. Qno1:Could a company even plan for this type of situation? If yes, how? If not, why not? Yes, a company can plan for this type of situation. Natural disasters are unpredictable and can happen any time. However, when facing a situation like this they can plan for a specific but flexible plant.
  • 3. Q NO 2:Would goals be useful in this type of situation? What types of goals might a manufacturing company like BMW have in such a situation? How about a global airlines? How about a small flower grower in Kenya? Yes, setting up goals would be important in a crisis situation. Goals would provide managers and employees a direction outwards the outcome and it will also help them to evaluate their performances.
  • 4. BMW- BMW would want to have a strategic goal coming from division management. As the issue is with one particular plant so the decision will have to come from the Management of that division.
  • 5. Global Airlines- As this is a crisis of global airlines the strategic planning will have to come from top management. Small flower grower- The strategic goals of small flower growers could be more of individual level.
  • 6. QN03:What type of plans could companies use in this type of situation? Explain why you think these plans would be important? Companies would use specific but flexible plans. Natural disasters are crisis situation which coming without any prior warning so using a specific plan seems the best solution. Managers can focus on the particular problem and aim to eliminate the issue. However, they also need to make sure they are flexible and are willing to alter the plan when needed.
  • 7. What lessons about planning can managers learn from this crisis? Crisis situation in businesses can come any time and managers always need to be aware about it. From this crisis situation managers can learn that no matter how concrete the plan is they might have to alter the plan when the situation…...