Dr. Lokesh Sehgal

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Give an example of when you had to demonstrate flexibility and adaptability in a work environment.

 

In my previous role as a project manager, I was overseeing a significant software development project. Midway through the project, a major client requested a change in the software's primary functionality due to a shift in their business needs. This alteration required a complete overhaul of our existing codebase and significantly impacted our timeline and resource allocation.

 

To address this challenge, I quickly organized a meeting with the development team, stakeholders, and the client to fully understand the new requirements and assess the impact on our project scope. I then worked with the team to re-prioritize tasks, reassign resources, and adjust our project plan to accommodate the changes without compromising the quality of the final product.

 

We also implemented an agile methodology, allowing us to adapt to further changes more effectively and keep the client in the loop with regular updates and iterations. This approach required a high degree of flexibility and adaptability from the entire team, as we had to continuously adjust our plans and processes based on ongoing feedback and shifting priorities.

1. How do you ensure effective communication within a team, especially when team members are remote or dispersed?

Organize a well structured role play among teams member on a regular basis and let them practice in day to day life. For example let a member be a customer and other as customer representative. Ask them to note down flaws and problems in communication, critically anayze them and improve it. Effective communication is game of practice.

Identify the marketing management philosophy adopted in the following cases: a. Chanda, a note-book manufacturer for students, decided to maximize her profit by producing and distributing at large scale and there by reducing the average cost of roduction. b. Indira, a dealer of refrigerators decided to maximize her profits by using different promotional efforts in an aggressive way. c. Shikha, surveyed the market and found that customers need lemon based cold drinks in summers. She decided to produce lemon-masala cold drinks in the market.

Financial market helps in increase the wealth of investor. financial market helps in taking capital related decision to take capital from the cheapest sources financial market helps in taking dividend decision based on sources of finance and according decide the dividend to paid on equity taking care of other sources of finance financial market.

Unity of command principle refer to situation in which order or instruction comes from one person at a time so that subordinate fullfil them on time. Unity of command leads to fulfill the order received from superior at first instance without taking care of order from other it will decrease the effect of instruction received from first one so orders abd instructions should come from one person at a time.