Assignment task: Chosen company: SMART PROPERTY MANAGEMENT (Singapore) PTE LTD
This is a simulation case in which you are the CEO of a company. As most countries have entered the endemic phase of COVID-19, the Board of Directors has assigned you to manage this new normal and transform the company back to the pre-pandemic levels with high priority, which means in this situation, the scenario is high power and high urgency. You have to develop a strategic transformation plan by taking all actions and necessary interventions to recover financial losses in the past and bring your company back to the pre-pandemic levels.
1. Review the present state of the company concerning the endemic phase of COVID-19. Create a transformational vision for the company and explain the rationale behind the vision.
2. Assess the organization's overall functioning concerning the new vision with an appropriate organizational diagnostic model. Explain why you choose the diagnostic model.
3. Prioritize (high risk, low risk) and discuss key areas of misalignment (as indicated in the diagnostic model) that require a change to achieve the transformational vision.
4. Recommend appropriate interventions (types of intervention, approach, and duration) and explain how you use the interventions to implement change in the organization.
5. Establish metrics for measuring success and design a feedback mechanism (key indicators, method, and frequency) to evaluate the effectiveness of the interventions.