The US based Corporation called Honecker is one of the successful manufacturing dashboards. The company has great opportunities for expanding globally but the international expansion project hasn’t been an easy to go assignment due to the ultraconservative culture of the corporation. However, in 2009, they faced change management which led to its expansion. During their expansion time, they managed to absorb four small companies Delta, Gamma, alpha and Beta. Unique features of all these companies were that they majorly operated in their own geographical location and senior management of every company maintained good relations with their stakeholders since they well knew the culture existing within their geographical locations.
Honecker required that every company acquired customers worldwide by leaving senior management teams in ever company intact. The Honecker’s EPM had worked well and they wanted to still apply the same mechanism in each of the acquired companies so as to reach the PM in the level of maturity.
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This manner in which Honecker managed their project in acquiring the other corporates has raised a lot of concerns as far as competition in the market growth is concerned. Appropriate project management is key for successful business development (Kerzner, 2017). Honecker endeavors, the corporation handles the adoption and alignment process as an individual project, but it faces challenges associated with competing cultures, company priorities, and overall project commitment.
Principle Components Discussions
This section will deal with project management standards and process based on the guidelines provided by the project Management Institute (PMBOK® Guide) (6th ed.).
Simulation scenario Analysis
This will be based on the organization’s performance and it includes;
Project management standards
Recommendation
Case Study Analysis
Honecker is one of the successful manufacturing dashboards. The company has great opportunities for expanding globally but the international expansion project hasn’t been an easy to go assignment due to the ultraconservative culture of the corporation. Honecker required that every company acquired customers worldwide by leaving senior management teams in ever company intact. The Honecker’s EPM had worked well and they wanted to still apply the same mechanism in each of the acquired companies so as to reach the PM in the level of maturity.
Reference
Kerzner, H. (2017). Project management: a systems approach to planning, scheduling, and controlling . John Wiley & Sons.
