It appears you've provided a set of exam questions related to strategic planning, project selection, prioritization, and organizational change for a company named Shesha Geza. I'll address each question with a brief explanation and insights.
Question 1: Strategic Planning
Challenges:
- Resource Constraints: Limited financial resources or skilled personnel can hinder scaling operations.
- Market Saturation: Existing markets may be saturated, making it difficult to grow further.
- Competition: Intense competition can limit market share and growth opportunities.
- Regulatory Hurdles: Compliance with various regulations can be costly and time-consuming.
- Technological Limitations: Outdated technology can impede operational efficiency and growth.
Addressing Challenges:
- Resource Management: Optimize current resources and seek external funding or partnerships.
- Market Diversification: Explore new markets or customer segments to expand the business.
- Competitive Analysis: Conduct regular competitive analysis to identify opportunities and threats.
- Regulatory Compliance: Invest in legal expertise to navigate regulatory requirements efficiently.
- Technological Upgrades: Implement modern technology to improve operations and scalability.
Question 2: Project Selection and Prioritization
a. Criteria for Project Selection:
- Market Potential: Assess the size and growth of the target market.
- Financial Viability: Evaluate the expected return on investment.
- Strategic Fit: Ensure the project aligns with the company's strategic goals.
- Risk Assessment: Consider the potential risks and mitigation strategies.
- Resource Availability: Determine if the necessary resources are available.
b. Weighted Score Method:
- Assign weights to each criterion based on their importance to the company's goals.
- Score each project against these criteria using hypothetical figures.
- Calculate the total weighted score for each project.
- Prioritize projects with the highest scores, ensuring alignment with sustainability objectives.
Question 3: Prioritizing Business Opportunities
Justifications for Focusing on Export Opportunities:
- Growth Potential: Sub-Sahara Africa may offer untapped markets with significant growth potential.
- Diversification: Exporting can diversify the company's revenue streams and reduce reliance on domestic markets.
- Competitive Advantage: Shesha Geza may have a unique product or service that is competitive in the African market.
- Economic Ties: Strengthening economic ties within the region can lead to long-term partnerships and stability.
- Sustainability: Exporting can contribute to sustainable growth by expanding the company's reach without overexploiting local resources.
Question 4: Project Management Office (PMO)
Role of PMO:
- Strategic Alignment: Ensure projects align with the company's strategic direction.
- Resource Management: Efficiently allocate resources across projects.
- Risk Management: Identify and mitigate project risks.
- Performance Monitoring: Track project progress and performance against goals.
Key Functions:
- Project Selection: Assist in the selection and prioritization of projects.
- Standardization: Implement standardized project management processes.
- Knowledge Management: Capture and share lessons learned from projects.
- Support and Coaching: Provide support and coaching to project teams.
Question 5: Leading Organizational Change
Key Strategies for Leading Change:
- Communication: Clearly communicate the need for change and its benefits.
- Involvement: Involve employees in the change process to gain buy-in.
- Training and Development: Provide training to equip employees with new skills.
- Change Management Plan: Develop a comprehensive plan to manage the change process.
- Cultural Shift: Foster a culture that embraces change and innovation.
Ensuring Successful Adaptation:
- Feedback Mechanisms: Establish channels for feedback to address concerns and make adjustments.
- Pilot Programs: Implement pilot programs to test changes before full-scale implementation.
- Celebrate Successes: Recognize and celebrate successful changes to motivate employees.
These responses provide a framework for addressing the exam questions. For a more detailed analysis, specific data and case studies related to Shesha Geza would be necessary.