Task: Management Summary:
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Describe the following items:
- Describe the management team in your business (include advisers, consultants, accountants, etc.).
- Describe the team concept, group dynamics, and the strengths and weaknesses of business teams.
- Describe management philosophy concerning communication, and organizational culture.
- Discuss what Leadership actions you would take to adapt your business should the following happen in the first three years of operations:
- Your manufacturer has a labor strike that may last for 6 months.
- Three more competitors emerge who are now in direct competition with your company in product quality and price.
- You have had to lay off half your employees and the rest are disheartened as a result.