oilwell cable company presentation v.6
TRANSCRIPT
Oilwell Cable CompanyA Recommendations Report
Team A:Claire Donnelly (Project Manager) 10085875Kenneth Condon 10047545Thomas Papp 10045411Carlo De Mattia 10067150Olugbemi Rosiji 10070260
Project Background
• Originally known as Chord Cable Company – had management difficulties
• Oilwell Cable Company now run using team management process – works well
• Produces primarily flat and round wire and cables for submersible pumps in oil wells
• Proposal to introduce new microprocessors to improve competitiveness
Scope of works• Conflicts / advantages of Operations Manager, Norm
going ahead with micro-processor conversion project
• Potential problems / advantages of Norm putting the decision to the appropriate production team
• How to address issues encountered
• Recommendations
Analysis of Key Issues• Team management process: 11 teams highly involved in
the Company decision making process
• Decision making: should the prod. team be consulted?
• Organization: getting the buy in from the production team
• Staff Insecurity: by-passing the production team could be seen as a threat to job security
• Timing: by-passing the production team would expedite the entire process
SWOT Analysis– STRENGTHS: resourcing, quality products, competitive
– WEAKNESSES: slow decision making, one location only
– OPPORTUNITIES: company expansion, expansion of product range
– THREATS: vulnerability to new products and technology, single location, recession could cause layoffs
Project Proposal• Stakeholders / Sponsor identified• Work breakdown structure compiled• Project lifecycle
• Risks identified & addressed– All risks rated good and bad by priority
with control measures
Work Breakdown Structure
Risk Matrix
Project Proposal (cont’d.)• Communication plan proposal
– Introduce team leaders to production team– Encourage two-way communication– Use conflict / change management tools
• Recommendations– Add project management team to the matrix organization– Expand the company nationally & internationally– Adequate resource management – ensure motivation– Audit & Review progress of company
Our Lessons Learnt• Google Drive was used to store files; assumption that
everyone was familiar with the application
• Lack of regular face-to-face made the project difficult
• Consistency in Harvard Referencing was time consuming
Summary and Suggestions• We suggest the organization structure changes to matrix
organizational design to aid decision making to include project management team
• Oilwell needs to look at expanding - decentralizing
• Risks Identified and Prioritized
• Conflict management & change control tools will keep staff motivated during the transition to a matrix organization design
• Adequate communications plan should be used to keep staff productive / motivated & ensure buy-in from stakeholders
• Auditing tools should be used to monitor progress