Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hello I would need some help with citations on the below topic. Look more closely at the idea of organizational capacity and organizational capability -

Hello

I would need some help with citations on the below topic.

Look more closely at the idea of organizationalcapacityand organizationalcapability -and let's use the current U.S. labor market as a basis.

For example, we know for many organizations that finding the "right" resources is currently very difficult. Some people refer to the current market as a "workers' market", meaningdemandfor skilled labor currently exceedssupply (remember portfolio supply and demand analysis was part of this week's class materials, right?) Workers are seeking more from a potential job, such as higher pay, better work-life balance, ability to work remotely, and many other considerations.

Question 1. What examples of have you seen of organizations working to "balance their capacity and their capabilities"? (You might not have thought of it in those terms, but any organization working to balance their workforce is trying to balance their workforce capacity and capability, if you think about it.)

Now let's imagine YOU are a portfolio manager (within any organization.) Your portfolio has existing projects as well as many proposed new projects. You need to ensure your portfolio has thecapacityit needs for both the existing and new projects. Also, because you have strategic goals you want to meet, you want to keep your portfolio's currentcapabilitiesstrong and develop newcapabilitiesin order to remain competitive in your industry.

Question 2. Within this scenario, what is your #1 portfoliocapacityconcern?What is your #1capabilityconcern? (You'll probably need to confirm what you mean when you refer to "capacity" and "capability.") What information do you need to determine how concerned you should be about your capacity and capability (how do you know you should be concerned, for instance?)

Question 3. What are some actions you can take to address these concerns? Remember, you're a portfolio manager: you can do many things! What are the potential positives and negatives of these actions?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Intelligence

Authors: Efraim Turban, Ramesh Sharda, ...more

2nd Edition

013610066X, 9780136100669

More Books

Students also viewed these General Management questions

Question

How can assertiveness help you cope with anger? Critical T hinking

Answered: 1 week ago