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Project Management

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Project Management

Stakeholder management is critical to the management of a BPM process. Write an essay that expands on William Fung's first interaction with the TS Group's Chinese subsidiaries. According to the case study, he revised some financial policies, but the general managers and division heads decided not to comply. Do you agree with the way this situation was handled? Suppose you were in Fung's situation. Suggest a different course of action you might try.

about 400 words, one reference

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https://brainmass.com/business/enterprise-resource-planning/project-management-347151

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Project Management

Stakeholder management is critical to the management of a BPM process. Write an essay that expands on William Fung's first interaction with the TS Group's Chinese subsidiaries. According to the case study, he revised some financial policies, but the general managers and division heads decided not to comply. Do you agree with the way this situation was handled? Suppose you were in Fung's situation. Suggest a different course of action you might try.

William Fung had introduced certain financial polices and forwarded to the China offices for implementation. No action was taken. Fung discovered that the policies had been accepted by general mangers and division heads. When he inquired why no action had been taken, they replied that these policies were inappropriate for their offices and employees. They said these policies were difficult to interpret. into actions. He called them to his office and told them that the offices and employees were own by TSG and the group polices should be complied with.

If I were in Fung's situation, my approach would be different. I would have placed the business problem in front of the Chinese business managers and developed a shared diagnosis of why TSG was incurring a loss. I would secure a commitment ...

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