Case Analysis - Management Essay Example | Topics and Well Written Essays - 500 words

Case Analysis - Management - Essay Example The strengths and weaknesses of NASCAR go hand-in-hand, as often overlap each other. The biggest weakness is trying to make everyone happy. While Brian France wants to do one thing, his sponsors and other people in power, such as those at Nextel and ISC, want something completely different. The larger argument is that NASCAR is now being treated as though it were a source of entertainment, something that Brian claims is true. However, he is treating it as such for the sakes of the audience and fans. The external environment of NASCAR involves sponsors, fans, Nextel, and ISC. These are the groups and individual people that have the power to make things happen, as well as the power to stop other things from taking place. They are the ones to supply the money and the tracks. The fans play a large role, considering there would be no NASCAR if there were not people to watch and cheer the racers on. Brian France is the person whom the responsibilities of NASCAR were passed down to, after his father, Bill Jr., gave them up himself. All of the decisions to be made are now in the hands of Brian, as well as his sponsors and the company that is attached to NASCAR, ISC. There is much controversy between Brian and the others that are helping him out; constant debates are arising in regards to what there next steps should be concerning spreading NASCAR. Brian sees expanding the locations of races and the companies that broadcast them as benefiting the audience and fans, while his company believes he is in it for his own publicity, as well as for personal monetary benefits. As the costs go up to maintain the racing tracks, as well as the team, equipment, and other goods to keep the races running, Brian must convince his sponsors and companies to keep spending. To do this, Brian must convince them of his intentions, and prove to them that it is not for personal gain. Another thing that needs to be considered is that there are other tracks already available; it is

Team Working Assignment Example | Topics and Well Written Essays - 2500 words

Team Working - Assignment Example The theories of Belbins, Tuckman, and time management only solidified our project. A team binds itself in a chain only to be stronger. The success of a team is directly proportional to the overall work of the team. There is no "I" in "TEAMWORK". Teamwork is working together - even when apart. The Teamwork can be simply stated that it is less me and more we. In short, the Team can be best explained with this formula. When you complete the Belbin Self-Perception Inventory you will receive - among other reports - a 'fingerprint' of your Team Role preferences. Very few people display characteristics of just one Team Role. Most people have 3 or 4 preferred roles, which can be adopted or eschewed as the situation requires. Every division was made in accordance with the demands of the client. We collectively decided that all of us wanted to be a part of planning the project. While managing utility cost, studio equipment, and premise decision were assigned to one team member. None of us wanted to be left out of marketing campaign and presentation. Experts, Recruitment and Launch event were allotted to 2 members each. Thus subscribing to this theory we managed to fit in a number of roles. The fact that nobody in the team was indispensable made the project a lot easier. Each of us were a substitute for some body. In the absence of one of the team members during the marketing campaign we were prepared look after his work too. There... None of us wanted to be left out of marketing campaign and presentation. Experts, Recruitment and Launch event were allotted to 2 members each. Thus subscribing to this theory we managed to fit in a number of roles. The fact that nobody in the team was indispensable made the project a lot easier. Each of us were a substitute for some body. In the absence of one of the team members during the marketing campaign we were prepared look after his work too. In fact when we were assigning roles to reach we followed the Belbins theory of team roles. Team Roles Description (http://www.belbin.com/rte.aspid=3) Team Role Contribution Allowable weakness Plant Creative, imaginative, unorthodox. Solves difficult problems. Ignores incidentals. Too Preoccupied to communicate effectively. Resource investigator Extrovert, enthusiastic, communicative,. Explores. Develops contacts. Over optimistic. Loses interest once enthusiasm has passes. Co coordinator Mature, confident, a good chair person. Can be seen as manipulative. Offloads personal work. shaper Challenging, dynamic, thrives on pressure. Prone to provocation. Offends people feelings. Monitor evaluator Sober, strategic and discerning. Sees all options and judges accurately. Lacks drive and ability to inspire others. Team worker Cooperative, mild, perceptive and diplomatic. Indecisive in crunch situation. implementer Disciplined, reliable, conservative and efficient. Turns ideas into practical actions. Somewhat inflexible. Slow to respond to new possibilities. Completer finisher Painstaking, conscientious, anxious, searches out errors and omissions. Delivers on time. Inclined to worry unduly. Reluctant to delegate. specialist Single minded, self starting and