Mt460 Management Policy and Strategies

Erick Slaten

MT460 Management Policy and Strategies

July 20, 2010

Unit# 10

Management Policy and Strategies class was interesting. I really didn’t know what I was facing in this course. Since I am trying to grow in the business industry, I am able to bring information that I have learned in this class to my work place. SWOT analysis was interesting. Finding out the true meaning of SWOT is important to know. SWOT’s meaning is: Strengths, Weaknesses, Opportunities, and Threats. Knowing this information, I will be able to analysis the business which I’m in and utilize the knowledge I have received from this class. Performing internal and external analysis is an important factor to when management a business or even a department. Since I am a supervisor, I will be able to perform duties and really look at the departmental processes and really do a deep dive in analyzing the internal and external areas within the business. I deal with logistics and also customer care and it would behoove me not to bring in information that will help me and the company. Diagnosing problems that might occur can help save the company money. Since GM already does a lot of outsourcing, just by learning more about outsourcing, it just brings a lot of knowledge to my skills. Understanding implementation is an important key to my job. Implementing new processes is part of my job daily. As I move forward, focusing on waste and running lean is considered a continuous improvement. The whole objective is to save the company money and to utilize my knowledge from what I have learned from this class and look for improvements for the company as a whole. The external environment plays a big role in manufacturing. Knowing that the environment can be affected by companies, making the right decisions and thinking about the outcome of the decision making processes can prevent danger to the environment. So with all the information that I learned which I have not mentioned all, these...