The University of Sydney Page 1 WORK 1004: FOUNDATIONS OF MANAGEMENT Tutorial 6 – Organising The University of Sydney Page 2 Tutorial 6: What we are doing today – Group Presentation #3 – Group Challenge – organising – Wrap-up and next week The University of Sydney Page 3 Group Challenge – Read the Family Business Group Challenge on p. 444 of the textbook. – Activity and context. In groups of 3-5 students, assume that you are a consulting team to a family business. The family has used an inheritance to acquire a medium-sized pharmaceutical company. Last year, sales were down 10% from the previous year. Indeed, the business has declined over the past 3 years, even though the pharmaceutical industry has been growing. The family that acquired the business seeks your help. – Task. Your task as a group is to rank the priority of the departmental functions in order of importance for assigning additional resources to improve the business in the future. The University of Sydney Page
4 Group Challenge – Step 1. Individually, rank the following 10 functions in order of importance, and make a note of your reasons: – Distribution – Manufacturing – Market research – New-product development – Human resources – Product promotion – Quality assurance – Sales – Legal and Gov’t affairs – Finance and accounting The University of Sydney Page 5 Group Challenge – Step 2. As a group, discuss the order of importance to the 10 functions, sharing your reasons for how functional priority should influence the companies strategic needs. – Step 3. How does the group’s reasoning and ranking differ from your original thinking – Step 4. What did you learn about organisational structure and design from this exercise – Step 5. How does what you have experienced in this activity relate to course content (group presentation, readings or lecture material) The University of Sydney Page 6 For next week… – Management and Leading: – Chapter 15 from the textbook