Acorn Industries

I the undersigned, hereby declare this assignment as my own work. It has not been previously submitted for any other examination.

ASSINGMENT BY:

Raden van Jaarsveld (7107125222089) ………………………………..

2007/10/09

Contents

Executive summary p 3

Problems and causes p 4

Recommendations p 5

Organizational Structure p 7

Human Resources p 8

Programme Management p 9

Process Management p 10

Vision and Mission p 11

Culture p 13

Balance Scorecard p 14

Conclusion p 19

Bibliography p 20

Executive Summary

It is the rare corporation that can recognizes the need to integrate its resources, policies, people, assets and procedures with changing business strategies. Rarer still is the organization that acts on this need. Yet, in today's competitive global market, an integrated strategy is increasingly necessary. Given the speed with which change occurs in the global business environment, standard planning techniques and asset allocation methods have become woefully outdated.

Acorn Woodpecker (Melanerpes formicivorus)

Acorn Woodpecker

Figure 1

Indeed, achieving new levels of business sophistication is a never-ending process, requiring Acorn to rapidly a strategic organizational transformation to meet changing conditions. To effectively accomplish this transformation the company needs a system that provides continuous evaluation and improvement, ensuring effective use of both business (hard) and organizational (soft) assets. In particular, what is required is a balance and alignment between customer, organizational and business investment. In today's market, organizations not taking such an approach run the serious risk of failing to meet the expectations of shareholders.

The case of Acorn Industries highlights the lack of strong leadership, the need for a transformation in its organizational structure, the need for a balance scorecard system, the need for a programme manager and the effective operation and utilization of such a structure.

Among the distinguishing characteristics of companies achieving sustainable shareholder value is that the management in these organizations constantly evaluates...