Question

In the past three years, the demand for widgets has exploded. New widgets are constantly being developed to feed the public's seemingly insatiable demand. The average life cycle of a newly released widget is about 12-15 months. Widgets India is finding itself, unfortunately, unable to compete successfully in this new, dynamic market. The CEO has noted a number of problems Products are slow to market. Many new innovations have passed right by Widgets India because the company was slow to pick-up signs from the marketplace that they were coming Intermas communication is very poor. Lots of information gets kicked upstairs and no one seems to know what happens to it. Department heads constantly blame other department heads for the problems. A. You have been called in as a consultant to analyze the operations at Widgets India, what would you advise?

Answer 1

As a consultant, I would advise Widgets India to focus on product development, communication, and accountability.

Step-by-step explanation:

As a consultant analyzing the operations at Widgets India, I would advise focusing on three key areas: product development, communication, and accountability.

In terms of product development, Widgets India should prioritize improving their speed to market and staying abreast of market trends. This can be done through better market research and monitoring of competitors. By identifying upcoming innovations and acting quickly, the company can avoid being left behind.

Improving communication is essential to ensure that information flows efficiently across departments. Widgets India should implement a clear communication strategy, encouraging cross-functional collaboration and regular updates. This will prevent the blame game and create a culture of accountability.