Human Resource Management(MGT501) Spring 2014 Assignment No. 01 Due Date: May 25, 2014 Marks: 10
A computer manufacturer company had highly talented and dedicated employees. The company’s CEO, Mr. Kashif, took the organization to new heights and never before had the company experienced such profits. Its different innovative computer parts were smashing hits and even more popular than before. With the exception of some initial difficulties of this company and its battle in the public forum over its proposed new computer parts in different countries of the world, this company could do no wrong. Although CEO is credited with much of company’s success, in fact he did not do it alone. He had a team of executives who worked together to bring about the prosperity. Included in his team were the President, Ms. Rukhsar and Chief Product Officer (CPO), Mr. Shahid. It all began to unravel in May 2010. President, on a well‐deserved vacation in Dubai, was killed in a helicopter crash. Then, in August 2010, CEO underwent emergency cardiac bypass surgery. Questions began to arise about who would be in charge if CEO could not continue because of failing health. Who would succeed him? That proved to be difficult question for the organization. President, the obvious choice, was suddenly gone. CPO regarded as one of “the most talented executives and CEO’s Protégé” wanted the job and appeared to be leading candidate. There were also others who were possibilities but they did not appear to have the inside track that President or CPO had. Given stockholders’ and investors’ concerns, company had to take some immediate action and named its successor to CEO. But to the surprise of many, CPO was not named.CEO and company’s board of directors felt that he just was not ‘right’ for the position. Upset about being passed over, CPO resigned. As a result, the team that built a strong company in the past few years has all but and disappeared.
Question: If you were the CEO of the Company, what could you have done to prevent this situation? Give two suggestions along with rationale.
Please see the attached file for assignment.
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two option came to my mind...
1. company CEO can promote CPO for said position and should arrange some trainings for him that are necessary for that positions because CPO is already a part of the winning/expert team and played his role for company's success. He already well aware for each and every thing about the company.
2. company should advertise for the position and recruit eligible person.
As two key positions of Top Management has already been disappeared. So in case of this situation Chief Product Officer will play an important role to regularize the day to day activities of this organization. Mean CPO might be promoted as CEO. Beside this it is the responsibility of Stockholder/Board of directors to find the appropriate employee to fill the rest of two positions for Presiden & CPO as well.
Plz tell me this is graged or non-graded assignment....?