Oilwell Cable Company Presentation v.6

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Oilwell Cable Company A Recommendations Report Team A: Claire Donnelly (Project Manager) 10085875 Kenneth Condon 10047545 Thomas Papp 10045411 Carlo De Mattia 10067150 Olugbemi Rosiji 10070260

Transcript of Oilwell Cable Company Presentation v.6

Page 1: Oilwell Cable Company Presentation v.6

Oilwell Cable CompanyA Recommendations Report

Team A:Claire Donnelly (Project Manager) 10085875Kenneth Condon 10047545Thomas Papp 10045411Carlo De Mattia 10067150Olugbemi Rosiji 10070260

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Project Background

• Originally known as Chord Cable Company – had management difficulties

• Oilwell Cable Company now run using team management process – works well

• Produces primarily flat and round wire and cables for submersible pumps in oil wells

• Proposal to introduce new microprocessors to improve competitiveness

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Scope of works• Conflicts / advantages of Operations Manager, Norm

going ahead with micro-processor conversion project

• Potential problems / advantages of Norm putting the decision to the appropriate production team

• How to address issues encountered

• Recommendations

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Analysis of Key Issues• Team management process: 11 teams highly involved in

the Company decision making process

• Decision making: should the prod. team be consulted?

• Organization: getting the buy in from the production team

• Staff Insecurity: by-passing the production team could be seen as a threat to job security

• Timing: by-passing the production team would expedite the entire process

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SWOT Analysis– STRENGTHS: resourcing, quality products, competitive

– WEAKNESSES: slow decision making, one location only

– OPPORTUNITIES: company expansion, expansion of product range

– THREATS: vulnerability to new products and technology, single location, recession could cause layoffs

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Project Proposal• Stakeholders / Sponsor identified• Work breakdown structure compiled• Project lifecycle

• Risks identified & addressed– All risks rated good and bad by priority

with control measures

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Work Breakdown Structure

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Risk Matrix

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Project Proposal (cont’d.)• Communication plan proposal

– Introduce team leaders to production team– Encourage two-way communication– Use conflict / change management tools

• Recommendations– Add project management team to the matrix organization– Expand the company nationally & internationally– Adequate resource management – ensure motivation– Audit & Review progress of company

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Our Lessons Learnt• Google Drive was used to store files; assumption that

everyone was familiar with the application

• Lack of regular face-to-face made the project difficult

• Consistency in Harvard Referencing was time consuming

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Summary and Suggestions• We suggest the organization structure changes to matrix

organizational design to aid decision making to include project management team

• Oilwell needs to look at expanding - decentralizing

• Risks Identified and Prioritized

• Conflict management & change control tools will keep staff motivated during the transition to a matrix organization design

• Adequate communications plan should be used to keep staff productive / motivated & ensure buy-in from stakeholders

• Auditing tools should be used to monitor progress

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