Assume that you are appointed Project Manager of TDCU and Tanga Fresh Ltd particularly in their new products development project. Discuss the processes you will follow to develop strategic capabilities for this organization?
I would start by studying the dynamics of changes in the conditions for the creation of agricultural products (climatic, environmental, legal, etc.), as well as the demand for these products.
First of all I would like to research on fresh foods benefits and scope in the market. Then I would brand my fresh produce around green and clean sources. Third I would use product placement strategy but I would place my product around local TikTok and Instagram influencers video and move on from that....
As a project manager of a company producing fresh products, developing strategic capabilities is critical for ensuring the company's long-term success. Here are some processes that can be followed to develop strategic capabilities:
1. Conduct a SWOT analysis: Conducting a SWOT analysis is a useful way to identify the company's strengths, weaknesses, opportunities, and threats. By understanding these factors, the company can develop strategies that leverage its strengths, address its weaknesses, capitalize on opportunities, and mitigate threats.
For example, if the company identifies a weakness in its supply chain, it may develop a strategy to improve its logistics capabilities, such as implementing a real-time tracking system or partnering with reliable suppliers.
2. Identify key performance indicators (KPIs): KPIs are metrics that measure the company's performance and progress toward its strategic objectives. By defining KPIs, the company can monitor its performance and adjust its strategies as needed.
For example, a KPI for a fresh produce company may be the percentage of products sold within a certain timeframe to ensure the products are fresh and meet customer demand.
3. Develop a roadmap: Once the company has identified its strategic objectives and KPIs, it can develop a roadmap that outlines the steps needed to achieve those objectives. The roadmap should be flexible and allow for adjustments as circumstances change.
For example, the company may develop a roadmap to expand its product line to include organic and locally-sourced produce. The roadmap may include market research, supplier partnerships, and marketing campaigns to promote the new products.
4. Build a strong team: Developing strategic capabilities requires a team with the right skills and expertise. The project manager should build a team that is aligned with the company's strategic objectives and has the necessary skills to execute the roadmap.
For example, the team may include supply chain experts, product developers, marketers, and sales professionals who can work together to achieve the company's objectives.
5. Evaluate progress and make adjustments: Finally, the project manager should regularly evaluate the company's progress toward its strategic objectives and make adjustments as needed. This may involve revisiting the roadmap, adjusting KPIs, or making changes to the team.
For example, if the company's KPIs show that it is not meeting its sales targets for a new product line, the project manager may adjust the marketing strategy or product features to better meet customer needs.
• Conduct analysis of current market and consumer trends to identify opportunities for expansion.
• Develop a clear vision and mission statement that aligns with identified opportunities and goals.
• Collaborate with cross-functional teams to develop strategic plan that outlines actions and initiatives needed to achieve goals. Identify key performance indicators and measurable targets to track progress.
• Establish effective communication channels and ensure all stakeholders are aware of strategic direction.
• Monitor and evaluate effectiveness of the strategic plan, make adjustments where necessary.
In order to achieve a good management of the capacity of fresh products, the processes must be guaranteed to maximize productivity. Strategy-based: Strategic Capacity Plan; with capacity managers in capacity monitoring and processes; a good production and service plant infrastructure; with optimal resources such as human capital, inputs, equipment, technology and systems; productivity and performance reports; good database; agility to respond to the demand and supply of fresh produce, raw material; and continuous quality control in achieving production and marketing objectives in a given period.
In order to carry out the discussion of the processes that allow the development of strategic capacities, it is necessary for the project to carry out a diagnosis of the company regarding the technological, economic and human resources aspects, so that it allows establishing the innovative forms and ways within the processes of the company that allow the development of strategic capacities with the knowledge of the economic profits that the company has to invest, the capacities of the human resources involved in the processes and finally the degree of obsolescence of the technology.
Hi, based on the PMI PMBOK 6, I would suggest that you have to review the business case and project charter before proceeding. Followed by stakeholder identification and then planning your requirements based on scope, schedule, cost, quality etc. It would also be essential to apply evidence-based management where you have a long term strategic goal identified, and also short term tactical goals (like what you would like to achieve in the next 3 months, 6 months, 9 months and 12 months) with metrics identified so that with key stakeholders input and understanding of their expectations, you can tailor your approach. Where applicable, do identify and work with Subject Matter Experts (SME) including people who have experience and ability to advise and provide inputs to you. Also, do identify applicable ISO standards which are an awesome resource for having an overall plan. If you can`t get hold of the standards, at least you can find books which touch on the standards and applications. Hope it helps!
You must realize that capacity development is not a stagnant process and is not considered a separate or complete activity in itself, and it is not an alternative program for education and the environment, but rather an introduction to the development of organizations that keeps pace with radical economic changes, and that this process is continuous through which individuals and systems work in dynamic frameworks through which they learn. How to develop strategies in order to reach the goal of achieving organizational balance.
The process of building strategic capabilities should be part of the strategic plans of the department in question, in addition to holding dialogue sessions and free discussions with the leaders of the ministry about adopting mechanisms that allow building these capabilities to reach high levels of performance.
hi, I would suggest you start from 1) learning what your customers have and expect from company you work for, 2) learning what your competitors are doing and you can see their gaps in customer service, product Quality and price. after that you can brainstorm strategy capabilities and competitive advantages
In my opinion, the 3 most important things to consider in order:
1) Local cultural fit in project cooperation and operation at a strategic level.
2) Wary about the safety of financial cash flows in the first operating 2 years, and risk provision.
3) Establish performance metrics for cultural relevancy, finance, and operational effectiveness over time weekly, monthly, quarterly, and yearly.....
All of the above must be implemented by a professional and accountable team under a minimum of three levels of bureaucracy: General management, supervisor, and implementors
---> Mechanical evaluation system according to the performance of the task and the progress of the project.
(If you need more information don't hesitate to contact me at [email protected])