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Managerial Accounting: Reflective Journal - Coursework Example

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Managerial Accounting: Reflective Journal

There was loyalty from the Delphi divested employees who did everything they could to meet General Motors requirements to retain their business. These requirements were the leverage GM held over Delphi to retain the portfolio of GM business which was over 50% of their Sales. General Motors expected on the average 20% price downs on the Delphi book of business year over year to retain the business. Delphi was required to give these price downs in January of each year with no idea of how they would be achieved or recouped. An example of the Value = Benefits/Costs is represented with U.S. Payroll and Time Keeping contract. This appeared as a benefit to Delphi initially for Day 1 start up so that the employees could continue to get paid without interruption. As the years progressed and the people count decreased the need for a replacement for the legacy system and related outsourced processes needed to be replaced. The GM/Delphi contractual agreement took the total cost for GM’s IT, Overhead etc. ...
While GM and Delphi did some joint activities to try and reduce costs, the loyalty to be a team player did not exist ---- satisfaction was a major disappointment. So for me this concept of ‘value’ needs allot of analysis and needs to meet short and long term objectives of both parties. Proper due-diligence for the life of the contractual obligations in the mist of time constraints and achievements of MRKT 679 B2B Marketing Journal Journal Entry Number: Two Week: 1 Insight: Organizational Dashboard Board Big ‘M’- Little ‘m’ Visibility and tie to the Corporate Business Plan Objectives Elaboration of the Insight: I often wondered why a company a large as Delphi never had a business plan that each organization could tie into. Each staff area had a business plan but it was predicated on meeting their budget and forecast silos. At times, there were Executive key challenges to march to but these were in a memo from “executive X” that you hung onto for communication leverage. Clearly each organization had a plan but these were never shared or visible from one organization to another at an operational level. Application of this Insight: When Delphi spun off from GM in 1999, their business plan practices were carried over with the transition of management. As the year progressed with Delphi, it became apparent that staff areas had conflicting objectives. This awareness peaked as the financials of the company was challenged, yet staff areas were celebrating their annual accomplishments. As part of the company’s restructuring, the business units largest compliant was that the supporting staff areas success and failures was not visibility tied to their profit and ...Show more

Summary

MRKT 679 B2B Marketing Journal MRKT 679 B2B Marketing Journal Journal Entry Number: One Week: 1 Insight: Marketing Exchange between General Motors and Delphi was there Satisfaction and Loyalty? Elaboration of the Insight: As GM spun Delphi off from their operations in 1999 one may have thought this was a good deal for both parties…
Author : reichelmelisa
Managerial Accounting: Reflective Journal essay example
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