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Intrapreneurship and Organizations Case StudyYou have joined a manufacturing organization in Albertas manufacturing mecca, Nisku. The area is full of companies that have successfully provided
Intrapreneurship and Organizations Case StudyYou have joined a manufacturing organization in Albertas manufacturing mecca, Nisku. The area is full of companies that have successfully provided a full range of services to Albertas oil and gas industry for decades. It is and the industry is changing. Since customers who are the biggest oil and gas companies in Alberta and the world, have demanded lower prices, and bottom lines are getting squeezed like never before. The ongoing recession is just one in a long boom and bust cycle that Alberta has experienced over the last years.You have just joined the company as the manufacturing supervisor, and immediately see where things could be improved along the production line that would increase efficiency and productivity as well as margins for the company. In your short time with the organization, you have noticed that there is disparity between the workers, the older workers are finding with the status quo and are paid well, and nearing retirement. They understand how the system works and what they need to do The younger workers seem disgruntled, lots of them complain about how the old guys dont understand their generation and how things are done today. There has been a lot of staff turnover, and it's not about money as the salaries are very competitive. The turnover means that projects are slowed down, and that sometimes the customers' orders cannot be completed on time. You know that the new systems you want to implement could solve this problem.You begin to investigate the opportunity to present your case for innovation and improvements to senior management.During your investigation you learn that the CEO started the company, and he is old school oil and gas. He started because he saw an opportunity to localize the supply of pipes and other products needed in the Oil Sands for producers, thereby reducing costs and timelines for them since they did not have to import them from overseas. He has been in the business for years, and many of his staff, including the CFO, have been with him since their early years. He has seen it all and weathered all the storms, he knows all the players, and is wholeheartedly confident that nothing needs to change, and that the industry will rebound the same as it always has.His two sons joined the company in right before the recession began. They initially thought this would be easy to join the company, reap the benefits, but as the recession deepened and has been prolonged over years, they have seen companies around them fail and go bankrupt. In their conversations they are noticing the same thing repeatedly, the companies who are failing have failed to innovate. But the question is how do they innovate? They have little experience in the business, and the CEO, their dad, does not see a reason to change.But external dynamics are pointing to endless needs to shift. There is a growing conversation about the impacts of climate change and the backlash on the oil and gas industry has been increasing over recent years. Clients are implementing policies that require their suppliers to prove environmental standards, product sourcing, materials handling standards, employment practices including EDI, efforts on indigenous reconciliation and much more. This is becoming more challenging to manage and understand.After many years of growth, the business profit has been flat for several years, and the margins are getting tighter and tighter. In addition, with many of the original labour force retiring, there are few of the skilled trades needed to replace them, and competition is fierce in Nisku for hiring the right people.The CEOs sons see all of this, but not understanding the business they are not sure what to do first. You see the ways that the manufacturing system could be improved but are new to the company and not sure how to navigate the system or convince the CEO and the rest of the company that they should try and let you run with the improvements.What are the steps you should take to convince the company that they should let you make the improvements that you believe would save the company? How do you convince them of the benefits and manage the objections and risks that they will have for you?Develop a short response to the above questions based on what you have learned from the case study. Post the response in the discussion forum in Moodle for week Review the other posts from your classmates and comment on them.
Please make discussion for this above. Please dont use any AI or ChatGPT
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