Learning Goal: I’m working on a management question and need an explanation and answer to help me learn.CTA 1: Pivoting Operations during COVID-19.Links to two news articles are included that discuss the companies revamping operations strategies to meet consumer demand. The first news item published in Financial Times discusses how during COVID-19, most of the prominent economies around the world enforced a total lockdown, and the focus has since shifted to surge in demand for essential products and services. Companies across the globe are pivoting operations to produce healthcare PPEs and medical equipment needed during the pandemic. World Economic Forum also offers similar evidence on a global scale as shown in the table below:(Source: World Economic Forum, 2020)The second news item published in Bloomberg discusses how entrepreneurs have pivoted and reinvented their operating strategy as their current businesses were rendered irrelevant during COVID-19 pandemic.News Item 1: Pivoting production eases pressure on pandemic-hit governments Download News Item 1: Pivoting production eases pressure on pandemic-hit governmentsNews Item 2: The Pandemic Pivot: How Three Startups Transformed During COVID Download News Item 2: The Pandemic Pivot: How Three Startups Transformed During COVID Critically analyze the information contained in news items. Then write well-thought out answers (about 1-3 pages in length, at least 600 words) to questions listed below (make sure to answer each question separately):What are the criteria for success for the pivoting of operations of an organization? What are the risks associated with such pivoting of operations?
What is the impact of pivoting of operations on organizations’ employees during the short term (during COVID-19) and long term (post COVID-19)?
What is the impact of pivoting of operations on organizations’ suppliers during the short term (during COVID-19) and long term (post COVID-19)?
What is the impact of pivoting of operations on organizations’ customers during the short term (during COVID-19) and long term (post COVID-19)?
RubricCritical Thinking Rubric. (1)CriteriaRatingsPtsThis criterion is linked to a Learning OutcomeIdentifies and Summarizes issue at hand5 ptsIdentifies not only the basics of the issue, but recognizes nuances of the issue4 ptsIdentifies the main issue and subsidiary, embedded, or implicit aspects of the issue2 ptsDoes not identify and summarize the issue, is confused or identifies a different or inappropriate issue5 ptsThis criterion is linked to a Learning OutcomePersonal and other salient perspectives and positions5 ptsAddresses and analyzes salient perspectives from experience and information from outside sources.4 ptsIdentifies, appropriately, one’s own position and/or other salient perspectives on the issue3 ptsAddress a single source or view of the argument and fails to clarify presented position relative to one’s own and/or other salient perspective2 ptsFails to address even a single source or view of the argument and fails to clarify presented position relative to one’s own and/or other salient perspective5 ptsThis criterion is linked to a Learning OutcomeQuality of evaluation and analysis5 ptsObserves cause and effect and addresses existing or potential consequences. Clearly distinguishes between fact, opinion, and acknowledges value judgments4 ptsExamines the evidence and source of evidence, questions its accuracy, precision, relevance, and completeness2 ptsMerely repeats information provided, taking it as truth or denies evidence without adequate justification5 ptsThis criterion is linked to a Learning OutcomeConclusions, implications, and consequences5 ptsObjectively reflects upon own assertions4 ptsIdentifies and discusses conclusions, implications, and consequences3 ptsIdentifies and discusses conclusions, implications, and consequences but only superficially2 ptsFails to identify conclusions, implications, and consequences of the issue5 ptsTotal Points: 20
Requirements: about 1-3 pages in length, at least 600 words
