The company I have chosen for this paper is Nordstrom Inc and the business is based in Italy…

Prompt: You have already chosen the company you will use for your final project, and you have started a narrative description of your expansion project into another country. In this milestone, you will build on that narrative description providing sufficient detail about the expansion, its costs, and its time frame to give a loan committee a firm sense of the proposed investment. You will also analyze the impact of the investment proposal on your business by explaining why now is the right time for this investment given the global context and by explaining how the investment is a good strategic fit with your company. This milestone addresses all of Section II and Section III (Parts A and B only) of the final project.

Specifically, the following critical elements must be addressed:

II. Investment Project: Use this section to describe the investment for which you are seeking funding, its costs, and time frame. Specifically, you should:

1. Describe the investment project. Be sure to provide sufficient detail to give the loan committee a firm sense of the parameters of the activity, the need for it, and what financial metrics are relevant for determining success. In other words, what do you propose to do, where, what marketplaceneed will it fill, and how will you measure success?
2. Specify the resources the project will require and where these resources will come from. In addition to noting the amount of the loan you arerequesting, you should also consider human resources, facilities, government approvals, intellectual property, access to natural resources, and otherresources that might be required to carry out the project.
3. Time frame. When will the project start, what is the anticipated economic life of the proposed expansion, and how will you decide if, when, or howto exit? Justify your choices with appropriate financial metrics.

III. Justification: In this section, you should analyze the impact of the investment proposal on your business. In particular, you should cover:

1. Why is now a good time for this investment given the global context? Justify your response, citing specific external factors such as trade regulations,foreign currency considerations, or trends in foreign direct investment that might affect business financial decisions.
2. Strategic fit. Use this section to discuss why the investment proposal makes sense for your company strategically. Specifically:
   1. How does the investment align with the companyâ€s organizational and financial priorities? Support your argument with evidence from company reports and financial statement analysis designed to persuade the lender that the investment is a good strategic fit for your company.
   2. How does the project fit within the global microeconomic environment? Support your response with evidence. For example, would theexpansion tap unmet demand for the companyâ€s key products or services or fill a new niche? How do you know?
   3. How does the project build on the organizationâ€s core competencies and comparative advantage? For example, does the company have a strategic advantage from intellectual property, regional expertise, suppliers, or organizational structure?Rubric

Guidelines for Submission: Your investment project and justification paper should be approximately 8-10 pages in length (excluding spreadsheets, other exhibits,

and list of references as necessary). It should be double-spaced with 12-point Times New Roman font and one-inch margins, and should use APA format for references and citations.

 

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Question description

Overview

Leadership is one of the essential ingredients in effectively leading and managing a project. Without excellent leadership skills, the best planned projects are at a risk for failure. In this class, you are asked to examine your leadership strengths and weaknesses and determine how to adapt them to one of the effective project management leadership styles. You will be provided with an opportunity to perform a personal leadership assessment, enhance project leadership skills, promote teamwork and innovation, determine some best practices, and build a culture to support and manage change.

Throughout this course, you will be working on developing several components of your final Key Assignment. Additional information and the deliverables for each Individual Project will be provided in each Individual Project assignment description.

You will also be setting up the final Key Assignment outline that you will add to each week. The combined Individual Project (IP) assignments will be your final Key Assignment deliverable.

Project Selection

The first step will be to select an organization of your choice in which you will implement your project. This organization will be used as the basis for each of the assignments throughout the course and should conform to the following guidelines:

• Nontrivial: The selected organization candidate should reflect a real-life organization.
• Domain knowledge: Students will utilize their knowledge of this organization to address assignments that are related to discussing the organization’s structure and its impact on organizational members.

Select an organization that fits these requirements, and submit your proposal to your instructor before proceeding further with the assignments in the course. Approval should be sought within the first few days of the course. Your instructor will tell you how to submit this proposal and what notification will be given for project approval.

Assignment

Your first task in this process will be to select an organization to use as the basis of your Key Assignment. You will also create the shell document for the final project Key Assignment document deliverable that you will be working on throughout the course. As you proceed through each project phase, you will add content to each section of the final document to gradually complete the final project delivery.

The project deliverables are as follows:

1. Submit a project proposal to instructor for approval

2. Key Assignment Document Shell

• Use Word
• Title Page

1. Course number and name
2. Project name
3. Student name
4. Date

• Table of Contents

1. Use auto-generated TOC
2. Separate page
3. Maximum of three levels deep
4. Be sure to update the fields of the TOC so that it is up-to-date before submitting your project

• Section Headings (create each heading on a new page with TBD as content, except for sections listed under New Content below)

1. Abstract
2. Project Outline
3. Organizational Structure
4. Personality Type Assessment Results
5. Personal Leadership Strengths and Weaknesses
6. Impact Analysis on Organization Implementing Change
7. Stakeholder Management Plan
8. Communications Plan
9. Negotiation Strategy and Plan

3. New Content to be Inserted in Above Shell

• Project Outline
  1. Brief description of your project and why it is of value to the organization
  2. Material can be taken from the approved proposal that was submitted to the instructor, and this will serve as the draft for the proposal that you will be submitting to a potential publisher in the next IP assignment
  3. Be sure this project is approved by the instructor
• Organizational Structure

1. Select an organizational structure from those described in the PMBOK that most closely resembles the organization selected for this project
2. Describe how it is similar to one of the structures along with deviations
3. Draw an organization chart that defines the top role and at least two more levels underneath

• Personality Type Assessment Results

1. Use this link to take the Keirsey Temperament Sorter for free: www.keirsey.com/sorter/instruments2.aspx?partid=0
2. Copy and paste the results of this assessment in your overall report
3. Analyze the results of this assessment as it relates to you

4. Name the document LASTNAME_FirstName_MPM332_IP1.doc

5. Submit the document for grading

Please submit your assignment.

 

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