Rick parr archer daniels midland (adm)

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Rick Parr- Archer Daniels Midland (ADM)

Company

Rick Parr- Archer Daniels Midland (ADM)

Company


Group3: Banana

1. Nguyễn Văn Ái2. Trịnh Ngọc Hồng Anh3. Phạm Khánh Duy4. Cao Thị Hà Duyên5. Nguyễn Minh Khôi6. Nguyễn Thị Loan7. Nguyễn Hồng Vân


ContentsContents

Summary Case

4

1

2

3

Q & A

Answer Questions

Solutions


I. Case SummaryI. Case Summary

1. Introduction to Archer Daniels Midland (ADM) Company

An American global food-processing and commodities-trading corporation

One of the largest agricultural processors in the world (27,600 employees globally)

Was named the world's-most-admired food-production company by Fortune magazine for three consecutive years: 2009, 2010 and 2011.

Ranked 59th on the 2007 Fortune 500 list.

http://en.wikipedia.org/wiki/Food_processing

http://en.wikipedia.org/wiki/Commodities_trading

http://en.wikipedia.org/wiki/Fortune_(magazine)


Products: & Service


CEO: Patricia Ann Woertz

Formerly, she was Executive Vice President of the Chevron Corporation, where she spent 29 years and served as its Executive Vice President of Global Downstream

has served as the President and CEO of Archer Daniels Midlandsince 2007

with annual revenues around $70 billions, ADM largest publicly traded US company headed by a woman.

Ranked 4th and 6th in Fortune list of “Most powerful women”

http://en.wikipedia.org/wiki/Chevron_Corporation

http://en.wikipedia.org/wiki/Chief_executive_officer

http://en.wikipedia.org/wiki/Archer_Daniels_Midland


2. Case Analyze2. Case Analyze

Rick Parr – manager in a department making small parts

Job: supervise the production of one part that is used as a component in other products.

His employees find the job boring – low pay Parr’s way of managing: watching the

employees closely + keeping them informed of their output, discipline anyone who did not meet standard productivity

=> His employees’ opinion: okay boss productive


An event: in a larger department that designsinstruments (dụng cụ) to customer specifications,the manager retired Parr got promotion Situation: Parr never did/supervised design work before. Employees: engineers doing a good job/well paid. Parr observation: employees’ doing their work

differently. Parr started telling them how to do a better job

of desiging Employees complained the manager didn’t know

the job but had to do like he said in front of his supervision

After he left, they did in their own ways.


Problem : Rick Parr being claimed to be a poor manager. His boss knew the incident with some facts: the performance of design department went down. The boss called Parr to his office to discuss.

=> How to solve?


II. Answer QuestionsII. Answer QuestionsQuestion 1: Which leadership style would

Fiedler say Rick Parr uses?

Answer: Task - motivated Ineffective when applied his usual manner

of management for the new field =>Dissatisfaction and complaints of

employees=> Productivity went down Made mistakes due to: - The different essence of fields: making

small parts and design => Different ways to manage


Question 2 :Is Parr using the appropriate power? If not, which power should Parr use (Chapter 4)

Answer: Parr used position power from holding the

management positionParr used inappropriate power because he

failed to make the employees follow his way as well as let the performance in the design department go down.

Parr should use and combine two appropriate powers: referent power and expert power

Referent power: applying this power means manager try to be closely with and build good relationship with his employee


III. SOLUTIONIN THE ROLE OF JOSE GOIZUETA

III. SOLUTIONIN THE ROLE OF JOSE GOIZUETA

Leadership Participation Styles

Decided Consult individually Consult Group

Delegate Facilitate


The meeting with PARRThe meeting with PARRIndividuallyDirectlyContent of some talk:Checking the ability to handle the

design department : knowledge, art mind and so on

The problem between Parr and other employees.

*SOLUTION : Do not use the authority to work, let’s hear the ideas from employees and find the good way to manage and observe


L/O/G/O


Thank You!Thank You!

Business

Rick parr archer daniels midland (adm)