Menu

The Role Of Real Estate In Endowment Portfolios The Case Of Christ Church College Case Study Help

CASE ANALYSIS

Home >> Harvard >> The Role Of Real Estate In Endowment Portfolios The Case Of Christ Church College >>

The Role Of Real Estate In Endowment Portfolios The Case Of Christ Church College Case Study Analysis

Background and Facts

The Role Of Real Estate In Endowment Portfolios The Case Of Christ Church College an office products retailer for little and moderate sized services has actually lately been involved in planning for a merger with its rival House Deport, which has influenced effectiveness levels in departmentswith the elderly supervisor involved in legal problems put forth by the federal Trade Commission. With the Advertising Head putting forward the information of his separation from the company in one year, Jeannie Lewis, the present head of procedures has actually been asked to take the duty in the near future. With difficulties in the form of a potential cultural change and also reduced employee morale, the company requires a complete reengineering initiative at the advertising department.

Problem Statement
Porter's 5 Forces Analysis
The possible cultural change at the advertising and marketing division of The Role Of Real Estate In Endowment Portfolios The Case Of Christ Church College is boosting unpredictability in the working environment leading to different challenges for the Jeannie Lewis who would certainly be replacing the head of the division in one year. nalysis

PEST analysis

Political Factors: Political factors play a major function in affecting tactical decisions given that Stapes Inc. had to desert its plans of combining with Workplace Deport after the Federal Trade Compensation's treatment in the process. Offered the truth that the store has a worldwide presence with branches in UK, UNITED STATES, Canada as well as Germany, political factors in each of these countries may be able to affect performance or critical goals. Federal Profession Commission's antitrust match versus the merging occupied valuable time of the company's senior management recommending that 'political' factors can have serious effects for a worldwide service.

Economic Factors: Financial factors such as the emergence of small companies in the worldwide situation suggest that The Role Of Real Estate In Endowment Portfolios The Case Of Christ Church College is growing in an atmosphere where there is possible development of services. Truth that store clients are mostly looking for workplace products for home workplaces recommends that the market has an increasing fad of entrepreneurs as well as residence based companies.

Social factors: Social fads in the economic situation reveal that clients are searching for convenience in addition to appealing prices. Market research demonstrates how the consumer for The Role Of Real Estate In Endowment Portfolios The Case Of Christ Church College does not have awareness about discovering services which can provide a combination of comfort and also affordable.

Technological factors: Technology plays an important function in The Role Of Real Estate In Endowment Portfolios The Case Of Christ Church College's service approach specifically as the organization is piloting Modern technology centers which would certainly use modern technology sales and support in the type of memory upgrades, peripheral installments. (Recap of PEST in appendix 2).

OB Issues and also Symptoms.

Numerous underlying Organizational Actions concerns can be seen in The Role Of Real Estate In Endowment Portfolios The Case Of Christ Church College's case as highlighted in this section.

Worries concerning social modification: There is concern concerning a cultural change that would occur when Todd Krasnow leaves from his setting as the Exec Vice President of Advertising And Marketing with the majority of the team member already showing unhappiness over this possible move. This expected adjustment has created stress and anxiety in the work environment which has been coupled with the past stress of preparing the firm for a prospective merging with Residence Deport.
Pest Analysis
Difficult Task Environment for Newcomers: There is scarcity of personnel that can match the demanding setting of a busy company. Not only does this cause difficulty in discovering the best people, it puts anxiety on brand-new hires as can not stand up to the rate and pressure that the organization anticipates them to birth.

Dual Reporting Lines: Newbies locate this organizational culture cumbersome and also tough to deal with especially as dotted line partnerships are implied to be weaker generally as well as objective setting and also efficiency assessment is still done by the strong line manager. This suggests that beginners could lose clarity concerning their particular functions and goals specifically as dotted line reporting does not keep them in straight communication with the solid line supervisors.

Animosity From Cross Departmental Hiring: Krasnow's choice to make Lewis his follower as opposed to Bridget Coles despite the fact that it had actually been speculated that the latter would certainly take Krasnow's placement came as a blow to her morale. Lewis might have been capable and also ideal for the job yet the truth that Kransnow's departure would make Coles a straight record to Lewis may have been the reason for Coles' resignation from services.

Anxiety & Work Insecurity: Fear and also insecurity can be identified as 2 significant problems that Lewis would certainly be managing particularly as the merging has now be cancelled and two elderly execs of the marketing department would certainly be leaving. The entire duty of the division would be dropping on Lewis's shoulders who would not simply be in charge of brining concerning a social modification but would additionally need to show herself in her brand-new function.

Incompatible Management Style of Leader: Lewis's management style and also its conflict with the marketing department's function can also be seen as an OB difficulty especially as she has actually been made use of to taking care of concerns in the operations department where employees are educated to concentrate on processes and also get them. The advertising and marketing department on the various other hand can be viewed as a team of people that are utilized to being supported by Krasnow that concentrated much more on output than processes.

Interdepartmental Arguments: Interdepartmental arguments in between three departments, marketing, merchandizing and procedures specifically over the allotment of the advertising mix can be determined as one more OB problem. Although the advertising division does not share the same vision as the various other two departments concerning the aloocation of the marketing mix twoards promotions as well as advertsing, the merchandizing and also operations departments do not agree over the advertising mix allocation among each other either.

Disintegration in Advertising Division: Disintegration in between the marketing and advertising departments can be recognized as an additional OB issue which might need further focus. The truth that the marketing and advertising areas in the advertising department are disconnected is stopping both departments from obtaining from each various other's experience and also expertise. Integration of advertising with merchandising and also operations would certainly end up being more difficult if the advertising and marketing division itself is degenerated which can be one more possible OB concern.

The Role Of Real Estate In Endowment Portfolios The Case Of Christ Church College Analysis

Different concepts have actually been used to clarify the scenarios to obtain additional clearness regarding the scenario handy.
Swot Analysis
McGregor's Theory X & Y: According to Douglas McGregor's Concept X, a lot of managers think that juniors are passive and careless, have little ambition and also resist adjustment. The circumstance at The Role Of Real Estate In Endowment Portfolios The Case Of Christ Church College is not totally following Theory X, it can be seen that brand-new hires are finding this atmosphere instead stressful which might ultimately lead to a higher disposition of the monitoring towards Concept X. Also while evaluating Lewis's monitoring design, concept X may have been suitable in the operations department to some degree yet the Advertising and marketing division would certainly require reliance on Concept Y in order to get the creative thinking and also creativity from the teams.

Tuckman's Synergy Concept: As far as Lewis's problem regarding bringing harmony between the marketing and advertising division is worried, this would at first bring about clash as gone over by Bruce Tuckman in his 'Teamwork Theory'. (Tuckman, 1965). According to Tuckman's concept displayed in appendix 3, during the initial phase of group development, individuals might not bond, as they are hectic locating their place in the team. By combining the advertising and marketing division's work, there might be the same first detach which could bring about the 2nd stage of 'storming' where the groups test one another. However, it is only throughout the 3rd stage or 'norming' when they would integrate to share concepts before the group can cause synergy in the 4th stage 'doing'.

Bridges' Shift Model: As per William Bridge's concept (appendix 4), people are fairly unpleasant with modification, which is obvious by the situation at The Role Of Real Estate In Endowment Portfolios The Case Of Christ Church College The situation can be seen as a typical training course of life if is researched based on Bridge's concept where he discusses that individuals undergo 3 phases of change when they experience adjustment. 'End, shedding and Letting go', The Neutral Area and 'The New Starting' (Bridges, 2004). When individuals exist with change, they go into phase one therefore there might be feelings like unhappiness, unpredictability, disappointment, rage, worry, denial as well as disorientation.The circumstance at the marketing division of The Role Of Real Estate In Endowment Portfolios The Case Of Christ Church College is comparable so Lewis can get comfy with the suggestion that it is not remarkable behavior. In the 2nd phase, there may be a requirement to bridge the void between the new as well as old culture so Lewis may need to encounter this experience once Krasnow leaves. There might be low spirits as well as low productivity at this stage which ought to not be taken as an obstacle. It is during this stage that Lewis will have to offer assistance to the division so that they can find a sense of direction. It can be seen just how Krasnow has actually currently made this shift much easier by making Lewis obtain involved in the department a year prior to his real departure. Based on Bridges' Design, phase three will produce openness to understanding, High power and also commitment as people will welcome the modification (Bridges, 2004).
Vrio Analysis
Maslow's Need power structure: The OB problem related to instability at the office has been caused to start with by the change in monitoring and second of all by the fact that the merger will certainly no longer be started. Abraham Maslow in his Theory of 'Requirements Hierarchy' (appendix 5) has discusses the significance of 'safety and security requires as being a reduced level requirement of a human for triggering motivation. As seen in the pyramid cooperated appendix 3, we can see how 'the demand to feel safe and secure and also out of danger' goes to the second degree of needs. Prior to a staff member can be made to establish psychologically, he needs to have his 'Physiological 'as well as 'Safety and security' needs satisfied. This indicates that unless the employees are made to really feel safe and secure about their present employment standing in The Role Of Real Estate In Endowment Portfolios The Case Of Christ Church College they might not get to 'Self-Fulfillment'. (King, 2009).

SWOT Analysis for The Role Of Real Estate In Endowment Portfolios The Case Of Christ Church College Case Study



Implication of Analysis.

The OB analysis has looked at different concepts to recognize how to handle the current circumstance available. The adhering to 3 choices have actually been suggested to assist Lewis take care of the business challenges in the advertising division. Each of these choices has been proposed for relieving the change required to bring the advertising division in accordance with the requirements of the marketplace and also for making the cultural adjustment that would certainly follow as soon as the present leader leaves.

Integration of advertising and marketing functions. Dividing Adverting and also Production features. Integration of Marketing with Procedures.

Assessment of Alternatives.

Assimilation of Advertising & Advertising And Marketing Functions: The internal marketing agency of The Role Of Real Estate In Endowment Portfolios The Case Of Christ Church College is currently stamina for the company in terms of saving up on expenses associated with marketing and promotion. Since no brand-new recruitment has been done after Bridget Cole's separation with the reporting line being directly designated to Krasnow for the advertising and marketing function, this is a desirable possibility for incorporating the marketing and advertising functions. Judith Shapiro who has earlier been interviewed by Lewis throughout the earlier merging days has expertise in business-to-business advertising and marketing along with agency and also retail advertising experience. As soon as Krasnow leaves, Lewis can hire Shapiro as an EVP for advertising and marketing to take care of both advertising and marketing features.

The advantage of this method is that it will integrate the two functions while lowering the demand for working with an extra source for advertising and marketing. In addition to this, Lewis would be heading the advertising division and regardless her replacement would certainly be needed for the current duty that she is doing. The downside of this choice is that exterior hiring might cause bitterness from inner personnel that might be looking at the position of EVP after Lewis takes control of Krasnow's position.

Dividing Adverting and also Production: Offered the affordable pressures and also excellent quality work required from the advertising agency, it is suggested that Lewis needs to allow the production unit to be a different function from the marketing system. Since the majority of ad agency had these 2 functions as separate devices, it makes more sense to comply with the norm. Along with this, both features might be able to focus on their core activates more efficiently. The drawback of this strategy would certainly be that added expenses would have to be borne for setting up separate production features. In addition to this, a production head may need to be employed which might increase overheads for the company.

Assimilation of Advertising with Operations: Considering that Lewis is already caring for the marketing as well as procedures departments all at once; it makes good sense to incorporate the two features since she has been effectively dealing with both ends. The fact that the two divisions already have major distinctions over allocation of sources suggests that this integration might have the ability to bring about consistency particularly as Lewis would certainly be heading both ends.However there are various downsides of this move specifically as it would certainly put excessive burden over Lewis's shoulders. The truth that Lewis has to adjust her management design for the advertising and marketing division suggests that these 2 divisions would be culturally diverse. Along with this, Lewis may not be able to apply one type of management style to both divisions which might result in inefficiency in either among the two features.

Recommendation.



An analysis of the 3 options suggests that integration of advertising and marketing as well as operations would not be a possible step due to the large distinctions between the 2 divisions in spite of the truth that presently Lewis is dealing with both. While splitting up of the production feature may have been a favorable relocation for the marketing division, the reality that it would imply placing a third function under Lewis's wing implies this ought to be prevented.

Action Strategy.
Recommendation
Lewis will take over the role of EVP Marketing after Krasnow leaves.

Marketing and advertising features would be merged.

Judith Shapiro will certainly be employed to take Lewis's place as SVP of marketing and advertising.

Manufacturing function will certainly remain component of marketing under marketing function.

Lewis will separate herself from procedures.

A democratic leadership design with employee empowerment will be made use of in marketing division.

Open up door policy and focus on cross departmental interaction will certainly be targeted at getting rid of dissonance.

Backup strategy.

If the combination does not exercise as intended, a contingency strategy would follow which would separate the production feature from the advertising feature to decrease the lots on the SVP of marketing and advertising. In case Judith Shapiro does not obtain employed, Lewis will be heading the advertising division without an SVP. In that case the manufacturing feature will certainly be divided by placing it under an SVP production.