Management styles

Each has to be a paragraph.

Question 1

Successful project management requires a clear and approved plan, as well as fluid communication between the project team members and stakeholders. Included in these groups are the project manager, functional managers, functional employees, senior staff, and of course the customer. Project managers are responsible for all elements of the project and they must continuously balance outcomes, schedules, and resources in order to accomplish the project’s objective within the time and budget guidelines.

Identify and discuss a successful project and an unsuccessful project with which you are familiar. (If not familiar, conduct research)
Include what you would say distinguishes the two, both in terms of the process used to develop them and their outcomes?
Some concepts to consider as you are researching this project involve the following keywords:

Project efficiency
Impact on customer
Business success, and/or future planning.
Question 2

Read the case history and discuss the Management strategy that resulted in Reader’s Digest’s bankruptcy.How would you change the strategy that resulted from the bankruptcy?

Case Study – A Reader’s Digest That Grandma Never Dreamed Of or http://www.nytimes.com/2009/12/20/business/media/20digest.html?pagewanted=4&partner=rss&emc=rss

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