Reflection and Discussion
Reflection
The most important aspect of learning in the assigned readings is the project planning process, following the procedures that ensure that a project succeeds at the end of it. Measurement of the project’s performance to establish whether the project has a positive impact on an organization was also a crucial aspect to note. The calculations of the earned value approach that ensures every expense is accounted for and value seen after a given period in the project’s stage. This is line with costs like Planned Value PV, Budgeted Cost of Work Scheduled BCWS and other charges. All of these are important in business success. I am proud to note that because of the reading, I can research and develop a project, analyze its essentials and evaluate its performance plus input in the business.
Example of an organization that does not use any control systems and justification.
It isn’t easy to find an organization which doesn’t use control system in its operations in the current world. Looking back to all organizations, all the organizations use cost, quality, schedule and configuration in their services in one way or another. Any organization which may be operating with none of these is automatically running out of losses. No organization operates on loses.
Chevrolet Motor Company
Chevrolet is an American company that possibly is the pioneer of American based motors. Today the motor industry is dominated by Toyota company that isn’t as old as the American based company. Kallstrom (2016) did research that clearly showed that most passenger cars in America are from the Toyota company. There is a loophole that was got by the Toyota company that made them dominate the market that was otherwise held by Chevrolet previously.
The digital innovation used by Toyota in manufacturing motors attracts more people than the American Chevrolet that never embraced technology and significant changes in making their motors. Betancourt, Mooney and Ross (2018) found out that Toyota company revamped on the role of Information Technology in manufacturing their cars. They have embraced digital innovation, unlike other American companies, and that’s what keeps the multinational company thriving in the US market. A company that quickly adopts the use of technology easily succeed in the market if the competitors aren’t so fast to fight back through technology innovation.
Chevrolet motors company are to blame for their misfortunes. They aren’t adaptive to the current trends and changes; globalization. Because of this trend, companies have thrived in the market that they formally owned. Choi (2018) reports that the importance of technological advancements factors is contingent on the domestic market status of local companies. It is out of this that the local companies with a belief of being the lion of their country’s market do go down and succumbs to multinational’s dominance.
General Motors $5 billion program
The general motors problems in establishing a technological manufacturing process may have been affected by many factors ranging from adaptation to implementation of the advancement they wanted to integrate. For the establishment of such a project, there was a need to train that would be on the watch out and control the robots and the computer-based manufacturing systems. Halili (2020) reports that technology imparting method in automotive manufacturing staffs is the most crucial aspect to consider. For effective implementation, General Motors GM could have first invested in providing relevant training to the operating
teams.
As much the automation idea was a good one for production purposes in cutting the cost of production and for-profit generation, the project implementation plan wasn’t well-drawn. The control systems that could have been considered in the project plan weren’t given the attention that they deserved. Radujković and Sjekavica (2017) reiterates that in making a project successful and reap its fruits, quality, cost and time in which work can be done in a manufacturing company is essential. Failure in embracing and focusing on the outcome of the project even after its completion causes such unexpected failures.
The automation was the best idea for long-term considerations because ultimately, that was the way to go. Appreciating technological advancements makes companies not to be overrun by others in the market due to unavoidable competitive advantage brought about by automation. Trying to implement this project immediately when in its earlier stages of development causes project failure. Technological innovation is the best avenue to access a market that is crowded. It is also the most accepted way of competition between multinationals and local companies.
References
Betancourt, P., Mooney, J., & Ross, J. W. (2018). Digital Innovation at Toyota Motor North America: Revamping the Role of IT.
Choi, H. (2018). Technology-push and demand-pull factors in emerging sectors: evidence from the electric vehicle market. Industry and Innovation, 25(7), 655-674.
Halili, Z. (2020). Identifying and ranking appropriate strategies for effective technology transfer in the automotive industry: Evidence from Iran. Technology in Society, 101264.
Kallstrom, H. (2016). Certain automakers dominate different car segments. Retrieved September 5th.
Radujković, M., & Sjekavica, M. (2017). Project management success factors. Procedia Engineering, 196, 607-615.