Problem:
Analyze how these strategies can be used to map out a thorough implementation plan on how to effectively manage people as well as develop the plan in an executive memo format for automotive industry. The business plan should provide the strategy to implement the solution you have developed.
This should include:
• Introduction/ background
• Problem analysis or situation analysis - Conduct a situation analysis of the problems in your company. Formulate a plan on the possible solutions
• Summary of key findings as bullet points - Construct a summary of the key findings of the situation analysis based on the information
• Conclusion(s) - why the strategy will be effective
• Recommendations for action - individually summarize the key ideas on the implementation of your strategy. Analyze how these strategies can be used to map out a thorough implementation plan on how to effectively manage people
- Supporting references and sources to justify the solution formulated
Known problem of the automobile industry: Globalization, Increasing Competition, Safety requirements and environmental commitments.