The document analyzes management issues at Wildfire Entertainment based on a case study. It identifies that the company experienced delays in decision-making and an inefficient organizational structure as it grew from two to seven layers of management. This caused a lack of clarity in accountability. It recommends formalizing shared values through onboarding, deploying HR systems, conducting regular evaluations, and having project managers make project decisions to address problems stemming from an informal culture and soft matrix structure that lacked maturity as the company expanded its portfolio and size.
The document analyzes management issues at Wildfire Entertainment based on a case study. It identifies that the company experienced delays in decision-making and an inefficient organizational structure as it grew from two to seven layers of management. This caused a lack of clarity in accountability. It recommends formalizing shared values through onboarding, deploying HR systems, conducting regular evaluations, and having project managers make project decisions to address problems stemming from an informal culture and soft matrix structure that lacked maturity as the company expanded its portfolio and size.
The document analyzes management issues at Wildfire Entertainment based on a case study. It identifies that the company experienced delays in decision-making and an inefficient organizational structure as it grew from two to seven layers of management. This caused a lack of clarity in accountability. It recommends formalizing shared values through onboarding, deploying HR systems, conducting regular evaluations, and having project managers make project decisions to address problems stemming from an informal culture and soft matrix structure that lacked maturity as the company expanded its portfolio and size.
The document analyzes management issues at Wildfire Entertainment based on a case study. It identifies that the company experienced delays in decision-making and an inefficient organizational structure as it grew from two to seven layers of management. This caused a lack of clarity in accountability. It recommends formalizing shared values through onboarding, deploying HR systems, conducting regular evaluations, and having project managers make project decisions to address problems stemming from an informal culture and soft matrix structure that lacked maturity as the company expanded its portfolio and size.
Concerns Fundamental Management Evidence from the case and class to Recommended Solution to the issue Issue you see related to the support your diagnosis topic What are the pertinent facts Delay in decision making. Layering increased from two to in the case? Inefficient organizational seven, causing delay. structure. Confusion among the competing Firm’s core competency managers leading to lack of clarity in was evolving and was accountability. varied in present The firm expanded its portfolio of situation products, although digital each product required different expertise. What is/are the primary Style: The current matrix The current matrix was soft and problem (s) and the cause (s)? lacks maturity. lacked clarity in decision making. System: No proper HR Current system is not efficient to systems or project cope with the growing size. management They were efficient till the size was methodologies deployed. small and the firm was in game Shared Values: Informal making industry, as the size grew, the in nature. core competency varied and formal shared values need to be installed. What are the alternatives for Shared values need to be action? formalized and installed via onboarding process. HR systems need to be deployed. 360-degree evaluation should be carried out regularly in order to monitor the system. Project managers should make project related decisions.(Strong Matrix) What readings or other www.corporatefinanceinstitute.com research helped you come to https://youtu.be/DFNJypMOIMI conclusions on the topics? https://youtu.be/pPE9F34KPeI