Guidelines and Risky Business High Payoffs Discussion
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Guidelines and Risky Business High Payoffs Discussion
Question 1
Review the 5-S Guidelines provided in Chapter 8. Using your desktop, a coffee table, or other small area, attempt to 5-S that area. In 200-250 words, discuss some of the challenges you faced when trying to implement 5-S and ways you overcame them.
FROM THE BOOK
This is when the 5-S have become embedded by using the 5-S dis- cipline and following the procedures to ensure that the hard work and results so far are not wasted.All four levels are present and it will be sustained only when it has been used successfully for a period of time.
Sustain: Some methods to use
Visual controls, so that all can see, e.g., photo displays, slogans, radar charts, etc.
Can the improvements be seen? If no, what went wrong and why did it go wrong? Rectify the
problem and start again. If yes, then the current situation has been improved and Stage 1
is complete.
Continue what has been started in Stage 1 and Levels 15
Next . . . after Stage 1: Improving the current situation, it is neces- sary to move through the following stages of:
Stage 2: Make it a habit Stage 3: Become World Class.
Stage 2: Make it a habit
Question stock levels strongly. Make it easy to return things (organise by colour, by shapes, by
lines). Make cleaning habitual (checklists, checkpoints). Maintain a clean workplace (standards). Maintain standards (constructive criticism, correction, accept
criticism).
Is it yet a habit? (A radar chart can be used to identify any weak points to be corrected.)
Stage 3: become world class
Only move to this stage after making any corrections from Stage 2 Make it a habit.
Now move from being reactive and remedial to being proactive and prevention . . . in all the five levels.
5W1H questioning.* Radar chart . . . are we there yet?
*Who, what, where, when, why, and how.
Question 2
Read the Forbes article, Risky Business, High Payoffs (Links to an external site.). Based on the content presented in the article, what is the value to the company and the supplier in developing and implementing a Third Party Supplier Relationship Management System (3 P.L.S.M.S.)? How can such a system provide greater efficiency? In 200-250 words, describe the value to the organization.
RUBRIC
Excellent Quality
95-100%
Introduction 45-41 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Literature Support
91-84 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Methodology
58-53 points
Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score
50-85%
40-38 points
More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.
83-76 points
Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.
52-49 points
Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality
0-45%
37-1 points
The background and/or significance are missing. No search history information is provided.
75-1 points
Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.
48-1 points
There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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Guidelines and Risky Business High Payoffs Discussion