Rita McGrath, Columbia Business School professor and author of the article, “Transient Advantage,” discusses several traps that can blind a company to the need for imminent changes to their strategy to preserve competitive advantage. These traps, discussed in the second half of the article, include: the first-mover trap, the superiority trap, the quality trap, the hostage-resources trap, the white space trap, the empire-building trap, and the sporadic-innovation trap.
Locate and post a link to an article in The Wall Street Journal, or another reputable source, about a company that fell victim to one or more of these traps.
Task 1: From your personal experiences working on a virtual team
Management Question
– Your project sponsor or team leader has asked that you prepare a 2-3 page memo to provide your recommendation with the following required elements:
Paragraph 1 – Introduction
Paragraph 2 – Analysis
Paragraph 3 – Strategy and why it will help
Paragraph 4 – Detail of how the strategy will be executed and expected results
Paragraph 5 – Risks Analysis of the actions including a response plan
Paragraph 6 – Conclusion
Task 1: From your personal experiences working on a virtual team (could be a project team, in-class team or another team you worked on), please evaluate the issues outlined below. Note: If you never worked on a virtual team then, pls create a scenario where you are leading a team that has members in various countries and time zones – so, you need to conduct communications and progress via virtual/remote technology. Feel free to make up any issues (the more dysfunctional – the more fun the analysis).
Task 2: As part of the analysis, determine the following:
– What stage of development the team is at [Tuckerman team building stages],
– What specifically is blocking its path forward,
– And what actions can be taken by the global project manager to move this team forward in its development. as an effective virtual team
Research this topic on the Internet, and write a short (500 words) summary of what it was like to be one of these people, in this place/time/culture. (Who were they? How did they live? What did they eat? How did other people treat them?)
make sure to have the citations of the websites you have used at the end of the writing.
Read/review the following resources for this activity:
Textbook: Chapter 1, 2
Lesson
Minimum of 2 scholarly sources in addition to the textbook
Instructions For this assignment propose a scenario where you or someone you know are confronted with a moral dilemma relating to cultural diversity and multiculturalism. It cannot be the same as what was covered in the week one discussion.
Cultural diversity refers to religious, sexual, racial, and other forms of social difference. A moral dilemma is a situation in which one must make a decision between two or more options such that the options involve seemingly ethical and/or unethical conduct. Address the following questions:
What was the situation? What did the dilemma involve?
What would a subjective moral relativist say is the right approach to the dilemma? Why would that kind of relativist say that?
What would a cultural relativist say is the right approach to the dilemma? Why would that kind of relativist say that? Is that approach correct?
What did you the person confronting the dilemma decide to do? What moral justification did they give? Is that approach morally correct?
Was there an objective moral truth (the objectively right thing to do) in this situation? Why or why not?
Remember, the dilemma should be detailed with description and dialogue. Regard the questions as requirements. This is an essay, so rather than simply providing a list of brief answers to questions, provide an in-depth reflection regarding a difficult ethical situation..
Cite the textbook and incorporate outside sources, including citations.
Writing Requirements (APA format)
Length: 1.5-2 pages (not including title page or references page)
