Management Theory & Practice BMBA 9456 NA (2 Credits): Case Study on Rana Plaza Bangladesh
Concept-to-Practice Project
(An Application of the Course Knowledge)
This project constitutes the final exam and, therefore, is an individual assignment. It runs parallel to the
classwork. It requires students to apply to their employer’s organization (corporate, division, department
or section) all the concepts and practices learned through all the textbook, readings, class lectures, activities, and discussions. You must give citations of the quoted works, following APA style6
. The goal is to
update and upgrade the organization to the 21st century through the application of the changes and the
new and available knowledge. It is to help improve the functioning of the organization which can be the
section in which they work; if it has at least 50 employees. Or, it may be the department that includes the
section, if it has at least 50 employees. Or, it may be the division in which the department is housed, if it
has at least 50 employees. If you have an issue with this condition or do not work, talk to me.
This report is specifically written for the company in question. It is not broad, not general. It is prescriptive with description only of what is essential to understand the prescription and be able to implement it.
If you are a part of the organization, place yourself appropriately in the report. Do not go beyond what is
needed to make the prescriptive part of the report. The organization should be able to take it and directly
implement.
Give reference(s) following the APA style (7th Edition) for every statement you make. These may come
from the textbook and other external sources.
The sections that your paper should cover:
I. Assessing the Future
Narrate all the changes in the global macro environment that you find from the readings
for this class and other sources that are coming to the business environment in the next 5-10
years.
II. What from the Future Will Impact Your Organization
Find out five of these changes that will most impact the business environment of your employer
organization.
III. Assessing the Organization’s Preparation
Analyze what this organization should be doing to avail off these changes or thwart their challenges on it.
This may include a critical assessment of the 3-5 items from the following. Select them very carefully based on if they are in the context of the changes you are coming up for the organization and you
will redesign them to overcome the observed shortcoming. Describe them only in the context of what you
found is wrong with them when it comes to the upcoming changes.
1. Organization’s mission, vision, and goals. If these are not stated. Make your own observations
and state them as you learn what these should be for an organization like this one.
2. Draw the current organization chart of the organization. If there is none, observe how the organization is functioning and construct its organization chart.
3. Explain the processes of planning, organizing, leading and controlling that the organization
uses to achieve its goals.
4. Indicate responsibilities of each office, in terms of the sated processes, to attain the goals.
5. Indicate the authority of each office regarding the decision-making for the processes described
above for attaining the goals.
6 Not using APA writing style could seriously affect your grade. Follow this style in every aspect of the report.
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Amar: Management Theory & Practice: BMBA 9456s20-A
6. What is the quantitative and qualitative assessment of the goals attained.
7. Define the noneconomic goals such as those relating to CSR, ethics, diversity, etc. that an organization like the one you are studying should meet.
8. Assess the organization on the noneconomic goals such as those relating to CSR, ethics, diversity, etc. stated above and determine how are these being meet.
IV. The Redesign
Redesign the organization enabling it to be able to respond to the upcoming changes given above,
particularly, consider and redo the following:
1. The organization’s revised mission, vision, and goals.
2. Design and draw a reorganization plan for the organization. Chart it to best function for the
coming changes with a special reference to technology.
3. Give the revised processes of planning, organizing, leading and controlling that the organization should use to achieve its goals.
4. Indicate responsibilities of each office, in terms of the processes stated above, to attain the
goals.
5. Indicate the authority of each office regarding the decision-making for the processes described
above for attaining the updated goals.
6. How should the goals be assessed quantitatively and qualitatively.
7. Define the noneconomic goals such as those relating to CSR, ethics, diversity, etc. that the redesigned organization should meet.
8. How should these noneconomic goals stated above be assessed.
V. Forward Looking Observations and Implementation of the Redesign
Based on the learning we develop, give, in necessary detail, the changes that are coming in organizations, environments, and markets that will affect the organization. Describe the organization’s preparedness for these changes.
Through this project, you would be letting the management know what and where they lack, what they
have to do, and how to do it to bring the organization to the latest management thought and action. It is
for this reason that it has to be submitted to a senior manager responsible for the activities being addressed in this report. A proof indicating its submission to the appropriate authority must be appended
with the report. There would a penalty of 10 points on the points scored for this report if such an evidence
is not submitted with the report.
The deliverables are a 10-15-page, of 3000-4000 words (please keep the limits) report with a relevant title, a ppt presentation of the report, and an evidence of transmission to and receipt of the report by the appropriate authorities in the organization responsible to undertake the changes you are recommending. All
with a cover sheet given in Appendix H.
Remember, the objective of this assignment is to provide the organization a report on how to get ready for
the future. Make sure that the organization’s name has to appear in the title of the report.
You will be graded based on your writing. While grammar and spellings are very important, you have to
make sure that you are writing to communicate—in a way, selling your proposal to other busy managers
who have limited time. therefore, you should use a very appropriate and catchy title that conveys what
you are doing. There should be an executive summary that should briefly describe what and how you are
doing and what you are asking to be done. In the main body of the text, makes sure that use smartly use
headings and subheadings, etc. to keep interest of your readers in continuing to read and make a rich
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