Overcoming Psychological Changes In Company-Myassignmenthelp.Com

Question: Discuss About The Overcoming Psychological Changes In Company? Answer: Introducation Losing a major government contract was hard for both the company and the stakeholders. The employee went through a psychological phobia of losing their jobs and allowances. The company engineers should convince their colleagues no to worry every business has it good and bad years Motta (2014). The steps to ensure that the employee overcome this psychological changes include: Convincing them that there other contracts that the company can apply for that will keep the company moving. The ban will only last for one year hence the next year the company can still apply the government contract. The employee should not listen to rumors or people outside the company since negative comment will surround the company at this particular time. The company can still cater for the employees and the expenses too. The company leader should talk to the employee more to remove the negativity in them. The roadmap is put in place to prevent future failures of the project. The management strategies used includes-Introduction of the new technology to enhance efficiency and effectiveness to overcome the delay of power supply Morrison (2009). Another strategy involves going through the prices and offers available in the market to prevent future completion with the competitors. Foreseeing the implementation of the various sectors can help monitor the project in hand. The final thing involves delivery of quality work across the entire business for effectiveness thus promoting flexible response. The target set in place will be foreseen to complete the entire project. Using the ideas from Vic solar and the technology the power supply chain shall run smoothly and provide the required watts and a free maintenance routine shall be provided through the entire period of four years. Implementing the whole project into phase plans is an excellent idea to be undertaken by the companies. This will at least increase the efficiency of power supply from the panels by removing the default ones. Installing new panels can therefore increase the solar power supply substantially. Increasing power from 2MW to 2.3MW in the first phase and later to 2.5MW is the greatest achievement to be met. With the rise of Vicsolar technology and the technical plan it is therefore right to say that the overall supply of the solar power by the SJV can be enhanced by a great deal. Vicsolar failing to come into negotiation with SJV was a blow not only to the two companies but also to the whole project. Respondin g appropriately to uplift SJV by Vicsolar Company is a great step to ensure the project goes through and to meet the demands. The adopted strategies are meant to improve the power solar supply by not only the expected power supply but also higher supply amount. Innumerable measures had to be done, the first one being the replacement of the faulty and substandard solar panels that constituted to the total number of 960. This had to be done in order to raise the solar power watts. The terms of the contract agreement were refined and it was agreed that it would take four years as the maximum maintenance period to cater for the cost incurred during the failure of the initial project. The two companies would compensate the maintenance cost. The new Vicsolar technology when introduced in the market shall increase the total profit by 20 percent of the company while still supplying solar power Crawley (2014). Vicsolar due to the high interest is now going to give back the amount of money that is taken as a waving of the panel resource clause Motta (2014). The remedies that will enhance the two companies to overcome the crisis shall be conducted as follows. Setting a target power plant by 0.5MW is a good idea to meet the objectives of power supply. Increasing the power generation from working panels from 91% to 99%, shall translate to the individual power panel by 198W each. The total calculation shall be approximately 2. 18MW.Increasing the power by 0.3 MW from the number of remaining 960 solar panels is a good plan. At least the required power from each panel is 327W, which is a better solution. Instead of the 200W. The whole power supply shall rise up to 330W. Entrepreneurship cannot at all cost be separated from the business. Whenever a need arises the entrepreneurs or business, oriented individuals will always try to fill such a high demand in the market place. The field of engineering has not lagged behind in matters of solving societal needs. This is the reason why engineers like John and Mike decides to come up with water Purifier Company known as the Sustainable joint ventures (Anon, (2017) The project in itself can supply water within short period of time to a large number of the population. Initially the two engineers started a small enterprise known as Sustainable Solutions Pvt Ltd (SSLP). Initially the company was branded as KASVI although the it was the younger version of SSLP. The company initially established in the year 2004 as a profit making enterprise. The government backed the company by providing good policies that favored business accompanied by funding. Engineering leadership is the new market technology that deals wit h identifying a mega project that benefits the whole society. In this aspect leadership skills are employed to see that the whole project succeeds. The ability to use managerial skills that aligns with the proposed project should be the core idea. Government should always put strategies in place to help young entrepreneurs to ensure that they meet their goals and at the same time satisfying the arising needs of the society. The KASVI Company faced innumerable challenges. It failed to be in the market place for the longest time as expected in order to thrive. The enterprise immediate decline came along due to the influx of the new entrants. The government should provide policies to help young entrepreneurs from being turned down by others who are joining the same market. The new entrants enhanced competition and imitations of cheaper goods. The government on the other hand had already changed its impetus towards the energy sector in order to alleviate poverty. From the beginning, the SSLP had been one of the governments beneficiary in terms of the incentives and good policing. With the inception of Sustainable Joint Venture Company, a joint agreement was enhanced with Vic solar Company. With the support of Vic solar technologie s, the company ventured through the remote places as well as rural areas of India in order to install solar power panels. As initially indicated the government plays a great role in providing good policies together with funding. This therefore, provides a good base that enables those wishing to venture in the business to do so with easiness. In addition, this will enable a higher chance of the project thriving. Sustained Joint Venture (SJV) Company was developed with government-oriented policies, not only to develop the remote and the rural areas but in return for the better profits for the company. Having been in existence for a longer period of time and at the same time benefiting from the government policies and incentives, SJV was able to earn a contract with the government. Using the Australian network, SJV would oversee that it installed the solar panels within a period of 10 months. SJV was ready to utilize the opportunity available in that time to ensure it met its needs. Vicsolar Company was to act as the backbone in technological assistance. The market place hence provided opportunities for th e two companies. Vicsolar specializes in production of solar panel technologies and this therefore, provides a base for SJV to venture into the project of installing solar panels. In this case Vicsolar Company remains the best in delivering the solar panel equipment. The Vicsolar Company was to provide the technical aspects and the technology ideas to the SJV company (Anon 2017). The ready market would ensure that both companies met their targets, this was enhanced from the opportunities that saw the expansion and growth of the entire country. SJV wanted to come up with adequate and long lasting solutions when selling the portable water purifiers to the already existing demand. The idea of portable water purifiers blended well with the technology of solar panels. With adequate power from the solar panels, the idea of water purification would therefore succeed from the main idea. SJV was ready to use the new technology from Vicsolar to come up with the quality products and at the same time reducing the cost of production. With the SJV Company understanding the actual problem and strategies to gain the most advantage, the new technology proved to be excellent. The company enjoyed the monopoly of working with the government since no other company had established itself the government for that long. Availability of good market base plan would enable SJV and Vicsolar grow and expand indefinitely. It was also obvious that the idea of solar power technology would be seen through since Vicsolar had a wide range of experience in th e technical knowhow and financial base plan. In the year 2011, SJV entered into actual contract with the government after considering all the available factors. The solar Panel project after its implementation would produce an overall total of 2.5MW.It was further agreed that the project value would cost a maximum amount of a$3.2 million. After analyzing the financial plan for the whole project it was then agreed that the whole project in order to be completely completed and start functioning it would take approximately 10 months time. The number of the working solar panels to be installed were to be 12,000. This therefore, should have resulted from at least 22-25% of the whole project. Due to poor planning and management the profit foreseen by the SJV Company turned to be 16% which was far much less. The power purchase agreement (PPA) was 0.18/kWH. However, the whole project became messed up at the end. The mess occurred from the poor managerial plans of not meeting the 12000 panels and the deadline as had been agreed.The awai ted technologies did not however get through as it was earlier on agreed in the contract due to a number of problems that appeared afterwards. SJV faced a myriad of problems that turned it off from the ongoing projects. The actual challenge presented itself after the SSLP started losing its market focus and its grip in the same market place. The company lacked the adequate work force to source the innovations required for the project to go through since it failed to seek out the negotiations with Vicsolar. About four whole months were lost when they tried to negotiate for the panel-sourcing clause. This negotiation not only had a cost implication on the time but it further had financial implications. The market place become too tough which increased the total product cost. The seeking of alternative cheaper products than expected contributed to its project failure. Additional six months was also time wastage since it was not able to meet the required capacity. As planned in the agre ement the idea of sourcing power panels did not get the welcome from the Vicsolar hang (2010). After failing to meet the deadline and financing problem, that the company had faced there was still a way through. Let us now consider the technical strength and the assurances that were later put in place. Vicsolar technical system was applied which was one of the assurance to the project. The technical aspects would be as follows. Two automated systems were put in place the first one being the automated battery storage system. The second automated system involved the automated cooling mechanism. Considering the first system the solar panels would provide the required energy. The battery grid system would then store it and pass some currents to the temperature sensors Anon (2017). From there the current would then be passed to the monitor hub where it would be directed back to the battery or it would end up into the cooling system before embarking to the battery grid. The automated cooling mechanism is the easiest mechanism to be employed. This is because of its simple basic plan. The solar panels pass the currents directly to the temperature sensors then into the monitor hub and into the cooling system. The current can pass back into the solar panel or the battery grid for the processes to proceed now and again. When the two systems work co-currently, the expected adequate solar power shall never fail. This was the technical plan in the new technology to be employed by the Vicsolar Company. The technology constitutes the engineering leadership plan to ensure that the project is working without failure of solar power panel. Having analyzed the two power systems, it is also worthwhile to scrutinize the possible cause of power failure. Let us go through the SJV installation plans and possible causes of power failure as laid out in the plan. That occurred. Basing from the plans of the agreement that the company had to fulfill, the result of the whole project became as follows. The estimated number of panels is 12,000, which shall generate the power of 2. 5MW.Total number of panels installed is 12000 but the total number of panels not working is 960, which directly translates to 8 percent (Anon, (2017). The actual power generated is 2MW hence constituting to 11040 number of working solar panels. Considering calculating the power generated by each panel it amounts to approximately 181.1594 hence producing 91 percent of the total power supply. The expected power from each solar panel should be 200W. Financial Situation in SJV and Vicsolar and how Vicsolar should help to uplift SJV Considering the current technology outlined by the Vicsolar Company there cannot be any doubt to be raised on its efficiency and proficiency. It can be seen that the company had a good strategy to backup SJV so that it would complete its projects as agreed in the contract and to ensure it met its profits. (Anon, (2017) Vicsolar has good financial plan since it earlier on ventured in other businesses with other companies apart from the contact. working experience helped to transform Vicsolar into the center of its competency in terms of power supply highest capacity. The demonstrated formula and the supply chain is highly effective not only to the user but to the whole market section. The situation of power supply chain management by the SJV failed miserably. This is because it was unable to supply power to its clients within the stipulated deadline. The situation is further accelerated by its ability to lose profit margin by almost 10% resulted in the destruction of the financial capabilities. Another major problem occurred from SJV faces low-level turnovers of the power supply and its ineffectiveness to hand that. The rise of Vicsolar technology and the technical plan it is therefore right to say that the overall supply of the solar power by the SJV can be enhanced by a great deal. Vicsolar failing to come into negotiation with SJV was a blow not only to the two companies but also to the whole project. Responding appropriately to uplift SJV by Vicsolar Company is a great step to ensure the project goes through and to meet the demands. The adopted strategies are meant to improve the power solar supply by not only the expected power supply but also higher supply amount. Innumerable measures had to be done, the first one being the replacement of the faulty and substandard solar panels that constituted to the total number of 960. This had to be done in order to raise the solar power watts. The terms of the contract agreement were refined and it was agreed that it would take four years as the maximum maintenance period to cater for the cost incurred during the failure of the initial project. The tw o companies would compensate the maintenance cost. The new Vicsolar technology when introduced in the market shall increase the total profit by 20 percent of the company while still supplying solar power (Anon 2017). Vicsolar due to the high interest is now going to give back the amount of money that is taken as a waving of the panel resource clause. References Morrison, R. E., Ericsson, C. W. (2009). Developing effective engineering leadership. London, Institution of Electrical Engineers. Abdulwahed, M., Hasna, M. O. (2017). Engineering and technology talent for innovation and knowledge-based economies: competencies, leadership, and a roadmap for implementation. Pennock, J. O. (2006). Piping engineering leadership for process plant projects. Boston, Gulf Professional Pub. Crawley, E. F. (2014). Rethinking engineering education: the CDIO approach. Morrison, R. (2013). Maintaining effective engineering leadership: a new dependence on effective process. London, United Kingdom, Institution of Engineering and Technology. Chang, C. M. (2010). Service systems management and engineering: creating strategic differentiation and operational excellence. Hoboken, N.J., John Wiley Sons. Motta, G., Wu, B. (2014). Software engineering education for a global e-service economy: state of the art, trends and developments.