Note: Students may find and use additional (updated) information on this organization for their assignments
Knowledge Management at Northrop Grumman
In the late 1990s, the defense industry, no longer fighting the Cold War, was consolidating and downsizing. At Northrop Grumman ...
By Megan Santosus
September 01, 2001 CIO Magazine
In the late 1990s, the defense industry, no longer fighting the Cold War, was consolidating and downsizing. At Northrop Grumman Air Combat Systems (ACS), that presented more than just a short-term headache. As lead contractor for the B-2 Stealth bomber, an aircraft that was nearing the end of its production life, ACS was in danger of losing the expertise it needed to support and maintain a complex machine that would be flying, carrying precious lives and cargo, for years to come. So ACS instituted knowledge management procedures designed to capture the so-called tacit knowledge, or know-how and experience with the B-2, locked in its employees’ heads. By 1999, with more cuts on the way, and with more knowledge in danger of being ushered out the door - Project Manager Scott Shaffar wanted to institute KM initiatives throughout the El Segundo, Calif.-based Northrop Grumman business unit. But before designing a program, Shaffar wanted to find out what barriers, if any, prevented employees from sharing knowledge with their peers. He figured that if he could apply hard numbers to ACS’s cultural attitudes about knowledge, he’d have a road map for designing a unitwide KM program and getting the funding for the technologies needed to facilitate it. So Shaffar decided to conduct a knowledge audit, surveying employees about their knowledge-sharing habits. That, he believed, would be a quick way to not only assess ACS’s readiness for a formal knowledge management effort but would also highlight those areas where sharing was not happening. Shaffar hired Boston-based Delphi Group to conduct the audit and...
...The Project Management Process Groups
The Project Management Process is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements. It is a set of interrelated action and activities performed to achieve a pre-specified product, result, or service. The Project Management Process is grouped into five categories which are:
The Initiating ProcessGroup involves the processes, activities, and skills needed to effectively define the beginning of a project. Setting all permits, authorizations, and initial work order in place to secure an effective and logical progression of initial project activities sets the stage for subsequent success throughout all phases. Setting clear phases for work to be completed, initializing teams, and having the budget in place before work begins are vital for a strong start to any project across industry. The Initiating Process Group involves these main interrelated components: developing a project charter and identifying stakeholders.
The Planning Process Group sets forth the processes needed to define the scope of the project, set strategic plans in place to maximize work flow, and begin to assemble priority lists and plan team needs. This process group also addresses a more...
● Societal Level Social Structures
● Bureaucratic Organizational & Social
From the day you’re born you are educated
to maximize benefits, minimize costs while
avoiding punishment. Accordingly people
weigh the potential benefits and risks of
social relationships. When the risks
outweigh the rewards, people will terminate
or abandon that relationship.
Effects on the Individual
● Outcome to different social
● Reliant on Recipocity
● Subtracting costs from the benefits
Effect on Relationships
● Relationships are based on personal
● “People are attached to those who
grant them rewards.”
● Employee/Student Interaction
● Customer Experience
● Group Achievements & Teamwork
• Social Exchange Theory!
...Running Head: Project Motorcycles
Assignment 2: Project Motorcycles
Professor: George Dollar
October 22, 2014
1. Select one (1) of the types of project organization that would suit the development of the larger touring class motorcycles. Outline the process steps that your company would take in order to develop the motorcycle. Provide a rationale for the response.
I believe the Matrix organization will be suited for this 5 year project. The Matrix organization will maximize the impact of expert managers, while maintaining the company’s staffing under control. A matrix management structure is an organizational structure where people report to multiple managers and have different roles. Since this is long term, the project must be completed without disrupting the ongoing business of the company and other existing or upcoming projects to be performed. As an executive I would first assign a functional manager who can give direction on who is assigned to a project, and how the work is to be done. This manager must be able to provide expertise in the larger touring class motorcycle development and technology. He must also be able to transfer knowledge to others. A project manager will be assigned to manage across functional and organizational lines by bringing together activities needed to accomplish the...
...MEEN40310: Project Management
Continuous Assessment Assignment 2
The Contribution of Earned Value Management to Project Success on Contracted Efforts (Marshall, 2007): A Critical Analysis
Dylan Nolan: 14205683
13th April 2015
“I declare that the material contained in this project is the end result of my own work and that due acknowledgment has been given in the bibliography to ALL sources, be they printed, electronic or personal”
1 Table of Contents
1 Table of Contents 22 Introduction 3
3 Summary of Academic Paper 4
4 Critical Analysis 5
5 Conclusion 8
6 Bibliography 9
“Earned Value Management. A methodology that combines scope, schedule, and resource management to assess project performance and progress” (PMI, Project Management Institute, 2013).
Earned Value Management (EVM) is widely used methodology pioneered by the U.S. Military in the 1960’s. It is now used widespread in industries such as manufacturing, pharmaceutical and high the industries (Larson & Gray, 2014). It is an all encompassing management system that enables the complete scoping of a project at contract stage, monitoring and control processes during rollout, and progress reporting and identification of cost / time overruns.
The purpose of this report is to review a recent paper that took the previous qualitative...
...Edgar Leon 3
David Weagle 3
Roy Blanchard 1
GroupProject2, Joint Ventures vs. Franchises
Lufthansa/ANA Joint Venture vs. Ace Hardware
Joint Ventures and franchises have been advantageous strategic approaches to business for some time affording companies specific benefits for advancing or gaining market share. A joint venture (JV) is an agreement to begin a commercial enterprise that generally benefits both parties taking advantage of other companies’ existing, infrastructure, intellectual capital, customer base, market reach/research, credibility, responsiveness, etc. (Hull, 2013). There are few limitations to JV’s and the benefits are only restricted by the agreements that you reach, therefore JV’s are an obvious choice for businesses that are looking to grow yet lack the resources to effectively do so.
Franchises present a very different approach to gaining market share and expanding location influences however, they have similar benefits to JV’s. As an enterprising entrepreneur one may see a market ripe for the entry of a certain business, yet our ability to begin a competing company in said market may be less than favorable. Enter the franchise, allowing the larger company as a whole to benefit from the entrepreneur’s experience and knowledge of a location or market area. The agreement then allows for very similar benefits (Franchise to JV), the franchisee will receive a strong brand identity which is usually well known,...
...for detail step-by-step groupproject guidelines.
Here is a reminder on your groupproject submission requirements for Part 1:
1. Submit team document in Microsoft Word. Submit your writing as a narrative, a list of tips or a combination. The length of paper will vary depending on number of team members and format chosen by team.
2. Include sources in APA format. All references must be cited in paper.
1. Corporate social responsibility
2. Work-life Balance
4. Change Management
5. Clean Technology (sustainability efforts)
6. Social Networking tools
8. Diversity of employees
EXAMPLE OF TOPIC AND SUB-TOPIC SELECTION:
Barriers to Creating Work-Life Balance
Benefits of Flexible Work Schedule
Use of Technology to Promote Work-Life Balance
Surviving Holiday Stress
Ways Flexible Working Keeps Mothers in the Workplace
Each person’s section should cover the following evaluation criteria.
1. Did you provide examples of successful companies that have addressed the selected workplace issue?
2. Did you provide examples of companies struggling with this issue?
3. Did you discuss the cultural and societal implications of this issue?
4. Did you express opinions and ideas in a clear and concise manner with obvious connection to the topic?
5. Did you respond promptly to...
...FINA2320/2802FGH Spring 2015: GroupProject
Due: 6pm Friday, May 1
This project aims to empirically analyze returns of individual stocks using
different models that we have learned in this course, and construct an optimal
risky portfolio using both individual stocks and a stock market index.
1) Use Standard & Poor’s 500 Index, an American stock market index, as the
proxy for market index (factor models) and market portfolio (CAPM).2) Choose three stocks from the following pool of U.S. common stocks, all of
which are current members of S&P 500 index:
Honeywell Int'l Inc.
Merck & Co.
Health Care: Pharmaceuticals
Health Care: Pharmaceuticals
Johnson & Johnson
Health Care: Equipment & Services
IT: Systems Software
IT: Application Software
Explain how you choose the three stocks, if you are a portfolio
manager and try to construct a diversified portfolio using the three
stocks and S&P 500 index.
3) Use 3-Month Treasury Bill (Secondary Market Rate) as the proxy for riskfree rate of return.
1) Security data: download monthly historical price data of S&P 500 index,
three stocks that you have picked, and 3-Month Treasury Bill rate...
...The analysis of IT opportunities
Analyze IKEA by Porter’s models
Rivalry among existing firms is very intense from the global market, but IKEA still is the biggest retail of discount furniture. The forceful competitors of IKEA have two companies in the discount furniture market, which are Ashley Furniture Home Stores and Home Depot. Secondly, some players is also their competitor, such as Euromarket Designs Inc., Galiform plc, Wal-Mart Stores Inc., Argos and others。Lastly, IKEA met some local players in the different country. For example, in China, the competitive ability of IKEA is weaker than local brands in some small cities.
Then, the threat of new entrants into the industry is lower, because of IKEA’s brand image. The current IKEA business status and economic condition is strong that could not easily overcome it for the rivals. Moreover, the brand awareness of new competitors is low, and if they want to enhance the market share in the global market, finance background should be abundant. However, if we just analyzed a single market, such as the Chinese market, some multinational companies enter or invest the Chinese furniture industry, so they would spend lower cost to get the higher profit, which will make them more competitiveness in the finance that would influence to the development of IKEA.
The bargaining power of IKEA consumers is strong. First of all, it is the numerous furniture brands. Secondly, the current furniture market reaches the balance of supply...