CanGo Company Analysis Essay

Issue 1: Absence of planning for the startup business. Analysis and Recommendation: The founder of the CanGo Company had given little thought to the long range plans and direction of the company beyond the basic steps required to get the business in place. The organization’s successes could be attributed to the unique niche the CEO was able to fill for consumers mixed with old fashioned luck. Yes However, relying on these attributes to carry the business indefinitely would be ill advised. The largest risk in not utilizing strategic planning is failing to anticipate for fundamental changes in customer expectations, employee morale, regulatory requirements, competitive pressures, and economic changes. The company may lose valuable lead time and momentum when trying to catch up to these changes that could be severely detrimental to the company (Olsen). The first order of business for CanGo to move the company to the next stages and build a sustainable business would be to generate a vision statement, mission statement, and a specific strategic plan that can be used as roadmaps for the company’s next two to five years of operation. These elements should be considered the most important and immediate objectives for the top management of the company. They will form the basis of all other business decisions to be made in the organization’s foreseeable future. Issue 2: Missing strategic planning for  the future of the company. Analysis and Recommendation: The failure of management to have a realistic plan is clear when analyzing the speech given to the Hudson Valley Business association. Liz fails in her ability to outline the steps she took in order to create a successful business. Instead she covered her tracks with analogies of the ideas that were used to start the business. While having a good entrepreneurial concept is a commendable start if will not maintain a profitable business in the long term. The speech highlighted the disorganization of the company’s management. There was no mention of setting goals, strategic planning, market analysis, or financial considerations, or any other type of due diligence. The lack of a comprehensive plan will also impact the health of the internal portion of the organization. The reaction of other employees to the speech was that of disbelief of just how much of their livelihood has been left to chance. Employees clearly have a lack of confidence in the leadership of the company. This becomes even more apparent at the staff meeting that shortly followed this speech that announced the changes in the company’s direction to move toward online gaming. What is the recommendation? A comprehensive plan? Issue 3: Deficiency exists in research for decision making. A formal structure to company decisions is nonexistent and there is a failure to utilize team strategic planning. Analysis and Recommendation: The company was looking to start a new venture in the new and fast growing market of online gaming. The key employees of the company did not seem to be very interested or enthusiastic about the idea of online gaming. They proposed other ideas that were quickly shut down or were completely ignored. When starting any new product or service in a company there is a need for designated teams who can do the research to find out if the product or service will work well in the designated market. Along with the research team the company needed to involve their financial department to see where the company stood financially and risk analysts to analyze the risks associated with the new product or services. It is clear that CanGo did not have any type of formal strategic plan for moving forward. All the members  of the planning team needed to be on the same page. Andrew, the company’s Director of Marketing, just seemed to be thinking about having fun. â€Å"I know this is a hard concept, but we’re talking about fun. You know fun? Remember when you were young?† (Prentice Hall, 2002) while Ethel, the Director of Accounting, was concerned more about the financial aspects of online gaming, how it’s going to impact the organization, and where it is going to take the company. Elizabeth, the CEO and company founder, needs to have another meeting with the key members of all the departments and pay attention to her staff’s concerns pertaining to the online gaming venture before moving any further with the online gaming plans. Issue 4: Lack of direction and good communication practices Analysis and Recommendation: The Director of Operations assigned Nick, a senior staff member, the task of developing an implementation plan. There was a brief description of the different tasks involved with this project. The conversation was purely one sided. Without the necessary feedback the result was a loss of clarification. In order to create the type of motivation and momentum for such an implementation plan a simple project diagram or network could have been used. â€Å"The project network is the tool used for planning, scheduling, and monitoring project progress. The network is developed from the information collected for the Work Breakdown Structure and is a graphic flow chart of the project job plan† (Larson & Gray, 2010). In order to get the online gaming implementation plan going there needed to be an organizational hierarchy. A Gantt chart, project network diagram, or just a simple prioritized to-do list would have helped Nick to give his task a good start. Good. Instead he had to depend on his co-workers for guidance. This took them away from their own work and created inefficiencies. In project work there is no time to lose on assumptions. The only way that a project will succeed is with good practices of communication and organization. The CanGo implementation team had to play catch-up when they should have been breaking down the tasks into a Work Breakdown Structure format which could have been shared by all team members involved. Issue 5: Deficiencies exist in communication and  organizational/prioritization skills. Analysis and Recommendation: When assigned to launch a new gaming project on behalf of the company, Nick didn’t exercise any structured plan of action. Neither had he requested for any supervisor help when it was required for project implementation. Nick should have visualized a proper project plan for introducing a new online gaming system on behalf of the company. Nick and his team members were able to initiate the project implementation based on management approval. By using a Gantt chart, Nick should have prioritized his team work assignment according to project goals. By using proper project planning Nick would have performed better and allowed him to address all identified issues such as hardware, software, recommendations, price comparisons, and testing. Nick did not ask the right questions during project implementing nor during the assignment of the project to him. When projects were allocated to him, his statements were obscure and incomplete. He should have informed management if he knew about his personal shortfalls in the first place. During the project implementation, he should have gathered more knowledge and direction from supervision to successfully implement the assigned project. Issue 6: Absence of clear direction and prioritization from management. Analysis and Recommendation: Employees were presented with the news that sales were about to be increased by five hundred percent. The â€Å"coach† discussed different tasks that needed to be completed due to the increase in sales. He gave priority to order fulfillment. The significance of other tasks was debatable because the coach did not necessarily put the rest into any kind of order. The Coach gave a timeframe of October and I am assuming that he expected the team to decide in what order the tasks were to be completed. I like most that he opened up the floor to discussion to decide if there were any other tasks that were needed to be completed that he may have left out. This was a good way to include his subordinates in the planning process but again there was not any indication on priority for any suggestions that were given. I feel that too much leeway was given to the team. The coach should have used a Gantt chart to explain the tasks at hand, what needed to be completed, and given specific deadlines. References: Larson, E., & Gray, C. (2010). Project management, the managerial process. (5th ed., p. 158). Olsen, E. (n.d.). Risks of having no strategic plan. Retrieved from http://www.dummies.com/ how-to/content/risks-of-having-no-strategic-plan.html Prentice Hall (Publisher) (2002). Mastering management: Planning. Retrieved from http://www.devryu.net/re/DotNextLaunch.asp? courseid=8122292&userid=8123623&sessionid=02bf3430d3&tabid=3hOXWa4X+vEY bMogOOfyF/Y92qckiqw5bkr3INJJiCQ=&sessionFirstAuthStore=true&macid=MKq5/ WI0XIZJfxogF9ZSb8WSMMXJQO4uX3qPSN9LnLH61T9jATzfp X4V+WdAFCff8okk3HfeqPJT1u4URUXCDuBTt6q2Rv8h3nkOlI/ bowSZIVwVacF6cGBZ6dIyKpp8ojt9strwWUQ2rz0UTljeefD9/ maBRs+49nMB+RDjmwSFQ1vJvleOgIJwFo/e8j+aJWL8/SUmKonAXixcZgSL6w== Prentice Hall (Publisher) (2002). Mastering strategy: Concepts of strategic management. Retrieved from http://www.devryu.net/re/DotNextLaunch.asp?courseid=8122292& userid=8123623&sessionid=02bf3430d3&tabid=3hOXWa4X+vEYbMogOOfyF/ Y92qckiqw5bkr3INJJiCQ=&sessionFirstAuthStore=true&macid=MKq5/ WI0XIZJfxogF9ZSb8WSMMXJQO4uX3qPSN9LnLH61T9jATzfp X4V+WdAFCff8okk3HfeqPJT1u4URUXCDuBTt6q2Rv8h3nkOlI/ bowSZIVwVacF6cGBZ6dIyKpp8ojt9strwWUQ2rz0UTljeefD9/ maBRs+49nMB+RDjmwSFQ1vJvleOgIJwFo/e8j+aJWL8/SUmKonAXixcZgSL6w==

The Recently Leaked Secret to List of Essay Topics Samples Uncovered

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Essay on The Importance of My Acceptance into Mayfield

The world is always changing, sometimes for that better and other times for the worst. For me, that one change was the one thing that I’d always needed. The event that changed my life was the day I received my acceptance into Mayfield. My admission into Mayfield led on a string of changes that helped me finally accept who I really was as a person and helped me appreciate the value of friendship. It’s difficult to accept yourself when others don’t, but when I got into Mayfield all of that changed for the better. Growing up, I was always a well-mannered kid with my own personal hobbies and interests. The problem was, I was never like everybody else, so I was a very well-known outcast. I was very much fascinated by the Arts however;†¦show more content†¦I was constantly involved in unnecessary drama that I never intended to be a part of and eventually I began being treated more like a â€Å"waste of space† rather than a friend. I was constantly ignored by my supposed friends and no one treated me as a loving and considerate person. After multiply re-runs of these incidents, I began having trust issues and I no longer found the need for friends. They began to feel more like a requirement, rather than a need, and based on the way I used to be treated, I felt no need to value the idea of friendship anymore. However that all changed after I got to Mayf ield. I met people who showed me how important it was to have friends and that you should always value the friends you make because true friendships are worth giving people a chance. I was able to make friendships here that I know will last me a life-time, and I was able to meet people who treated me the way I had always deserved to be treated. My acceptance into Mayfield, brought on a change that has truly enhanced my life for the better. After getting into Mayfield, I was finally able to appreciate the ambitious, spontaneous and fun-loving girl that is myself and I was able to finally value friendship as something that should always be cherished. With this change, I finally became the person I’d always had the potential of becoming. Although change is never anticipated, it can have a large effect onShow MoreRelatedCoping Mechanisms And Their Effects During The Grieving Process1620 Words   |  7 Pagesloss by Elisabeth Kà ¼bler-Ross and David Kessler (2005) explains the five stages of the grieving process commonly experienced by bereaved individuals. The five stages of the grieving process, which include denial, anger, bargaining, depression and acceptance, are discussed within this paper. These stages represent various coping mechanisms that are commonly used to alleviate the stress and anxiety one might experie nce in the face of death and dying. 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Things Fall Apart By Chinua Achebe - 868 Words

Things Fall Apart Author of The Perks of Being a Wallflower, Stephen Chbosky wrote, â€Å"Things change. And friends leave. Life doesn’t stop for anybody† (Change). Change is inevitable to people at least once in their lives. While change can be intimidating, change can be both positive and negative in different aspects. The title of â€Å"Things Fall Apart† suggests the change that is to occur through the story and that most things cannot last forever. Titles of any work of literature hold valuable significance towards the meaning and the interpretation of the work towards the readers. In Chinua Achebe’s â€Å"Things Fall Apart,† the story’s title applies to the main character, Okonkwo, and his entire society. Through the tale in â€Å"Things Fall Apart†, the readers follow the story of Okonkwo as he resides in his village, in his culture and to his death. The title of â€Å"Things Fall Apart† means has several meanings to be applied to the overall story. â€Å"Things Fall Apart† has several aspects to the title that allow for multiple interpretations of what the title will foreshadow about the story. If taken literally, the title suggest that things do fall apart, even when no one wants it to. The entire story follows Okonkwo until the end of his life and with his entire life falling apart as well. Like how the title suggests, Achebe used the title of the poem to add a hint of foreshadowing of what is to come in the story. By having that title, the readers can infer that whatever is stable in theShow MoreRelatedThings Fall Apart By Chinua Achebe1415 Words   |  6 Pagesbook Things Fall Apart by Chinua Achebe does just that. 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Case study Business policy Free Essays

The Midwest suburb dealer was once a top Daimler-Chrysler dealer for three years in a row ending 2007. During this time, the dealer was the envy of the entire Midwest car market because of its spectacular sales performance along practically all categories of vehicles. For so many years, the dealership was an apple of Chrysler’s eyes. We will write a custom essay sample on Case study Business policy or any similar topic only for you Order Now At the end of the year 2008 however, the dealership dropped to the lowest rung in all 87 Midwest dealers. From a sterling performance of $1.2 billion group revenues in 2006, the dealership revenues slid to just $120 million during 2008 or just a mere 10 per cent of its peak performance. What happened to an erstwhile enviable dealer becoming a corporate issue of great proportions? The financials are obvious but what non-financial factors were responsible for the steep decline in revenues? The critical incidents: Pre 2005-2007 The Midwest Chrysler dealer commenced business in May 1995 as a used car dealer starting off with a $2 million investment from the partnership of John Clarkson, an accountant by profession; and Stephen Howell, both in their early thirties. The partners agreed that John Clarkson will become the general manager for three years with the other partner Stephen Howell, a former used car salesman, becoming the general manager for three years as well starting 2003 to 2005 after which John assumes back the position from 2006 to 2009. The dealership did very well selling used cars up to 1999 when the partners found an opportunity to become an exclusive Chrysler dealer. From the $2 million investment, above industry returns jacked up total resources to $20 million by December 2001 and revenues of $50 million.   A sales force of 20 topnotch salesmen from competing dealers were recruited and formed into a cluster sales force of two and assigned in nearby counties and further beyond the state. Sales commissions were increased to 5 percent above industry to sustain the drive of the twenty account executives.   By the end of 2002, total revenues hit $86 million with total assets of $36 million. Upbeat sales were triggered by aggressive selling of both new and old line of cars, supported by aggressive financing from every financial services outfit available in the area. Motivated by the sales trend, the company further increased its sales force by another ten and covered nearby states of Missouri, Iowa, Indiana, Kentucky and Wisconsin, all considered bright areas for almost every Chrysler variant. Thanks to the aggressive sales force that dominated the dealership from 2002 to 2005. By the end of 2005, total corporate resources reached $140 million with revenues hitting $600 million. At this point however, several financing firms were starting to distance themselves from the Midwest dealer for one significant reason: the account executives have been referring subprime buyers, demanding and collecting bigger commissions, proposing too aggressive financing terms than before and threatening to form their own financial services group to siphon the good accounts and refer subprime accounts to the local financiers. The sales force was discovered to have favored certain financiers. The general manager at this point was Stephen Howell whose term started 2002 and ended 2005. It was he who conducted an aggressive hiring of account executives that generated the unprecedented revenues. Hiring of new employees was likewise intensified that bloated the dealer workforce by more than 30 non-productive employees without real assignments. Many of these workers were referred by the account executives. Howell accommodated these referrals without referring to the budget control systems adopted by the company, one of the several internal control systems put in place by Clarkson before he stepped down in 2002.    How to cite Case study Business policy, Free Case study samples

Maritime Law free essay sample

On January 6th, 2007 the vessel collided with â€Å"M. V Container† while approaching to pilot station. The cause of the collision was due to wrong plotting position of 3rd officer from â€Å"Never Struck† and wrongful act on COLREG 72 from â€Å"M. V Container†. Owners of the â€Å"M. V Container† claimed her damage cargo hold No 1. Cargo owner of fertilizer claimed to owner against delays. 4. general average vs. particular average (a) General average is incurred for the benefit of all interests but the particular average is in connection with just one of the many interests. b) General average is always voluntary and intentional but the particular average is an accidental or unexpected calamities. (c) General average is shared by all those who have benefited by the general average act. Particular average is paid by the insurer. (d) General average may include expenditure and sacrifice along with loss, whereas the particular average results from a loss or damage. We will write a custom essay sample on Maritime Law or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 5. Conditions implying General Average In order for an act of sacrifice or expenditure to be considered an act of general average, six conditions must prevail. a) Common Maritime Adventure More than one party must be involved in the adventure so as to be common (shipowner, cargo owner). (b) Real and Common Danger all parties must have been actually benefited by the sacrifice due to a peril that endangers the adventure. (c) Extraordinary loss must be distinguished from ordinary loss because ordinary loss is not allowed for general average contributions. (d) Intentional decisions must be made and the loss must be voluntary. (e) Reasonableness unreasonable and unnecessary sacrifice or expenditure is not valid. f) Success – the sacrificial actions must be able to save the property involved in a common maritime adventure from a particular danger. Where the ship and cargo is totally destroyed altogether, there will be no question of general average. 6. CASE ANALYSIS In the case of â€Å"Never Struck† and â€Å"M. V Container†, it was due to the negligence of 3rd officer in â€Å"M. V Container† who did not condone to Prevention of Collision Regulations 1972 which is a breach of international law, causing the two vessels to collide. Although â€Å"Never Struck† did have a fault of its own, it did not however breach the international law of sea navigations. In applying the rules of Prevention of Collision Regulations 1972, Part A, section 2(a) and section 2(b), referred to as the General Prudential rule and provides for non-conformance with stated rules in order to prevent a collision, because what is paramount is to avoid or minimize the damaging effects of a collision, as opposed to blindly following the rules to the letter. The overall intent is to minimize actual collision taking place rather than rule compliance in itself. Due to negligence on the part of â€Å"M. V Container† she will not be able to claim against â€Å"Never Struck† for the repairs of the cargo hold No 1. The cargo loss in the cargo hold No 1 which was lost due to the accident may however bring about an action in tort. If there was any further loss of cargo which was jettisoned in order to save the ship or expenses incurred after the collision in order to save the adventure may be liable for general average. As for â€Å"Never Struck†, the cargo owner may claim either â€Å"Never Struck† or â€Å"M. V Container† against delays. However it should and would not be considered in general average claims. Same as for the case of â€Å"M. V Container†, the cargo loss which was lost due to the accident may however bring about an action in tort. If there was any further loss of cargo which was jettisoned in order to save the ship or expenses incurred after the collision in order to save the adventure may be liable for general average. 7. CONCLUSION As a conclusion, collisions may lead to a series of claims and actions. These series of events may bring about the application a number of acts. It is important though to understand that General Average only exist if the act of sacrifice or expenditure is voluntary in order to save a common adventure from total loss at sea.

It273 Unit 3 free essay sample

IT273-01 Networking Concepts Part 1 a. Static Routing b. False c. True d. Firmware e. False Part II Hardware| Function| Installation/Maintenance| Hubs| A hub is a device that takes incoming data and broadcasts it out to all the other devices that are connected to its ports. | Installing a hub is very simple. Basically all you have to do is plug and play. Remember not to plug any cable into the uplink port of the hub because that is used to connect hubs together. Because all a hub does is rebroadcast data, not much configuration is needed. Switches| A switch is like an intelligent hub. A switch can create a record of all the hardware on a network and send data more efficiently. It operates higher up the OSI model than a hub. | In most cases the installation of a switch is fairly easy. Plug the switch in and allow it to boot up. We will write a custom essay sample on It273 Unit 3 or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Make sure that any device that you connect to the switch is turned off. When all the devices are connected, turn them on and in most cases they will be connected to the network. Sometimes special configuration will be needed, but in most simple installations the switch will work right away. Remember to not connect a device other than another connectivity device to the uplink port on the switch. | Routers| A router can connect different types of networks together regardless of certain protocols. Routers operate higher on the OSI model than most switches because they can deal with more complex network traffic. | Because the router is a more advanced device, there are many more options that can be configured on a router. There are many instances where little configuration is needed, but in more advanced installations proper training in routing protocols is needed. On a connection level, routers are very similar to switches when it comes to installation. | Bridges| Bridges operate on the same level of the OSI model as switches, and are basically a simple version of a switch. Each bridge has one input and output, and this is used to filter data going between different network segments. | Bridges are fairly simple to install. Because the function of a bridge is fairly simple, the installation follows suit. They are used to connect different network segments. The input on the bridge would throughput to the output that is connected to the next segment of the network. They require little setup because they build their own lists of devices on the network in order to filter out the data that doesn’t need to go to the next segment. | Part III When it comes to choosing what type of connectivity device to use in your network there are several factors to consider. Network size is one of the most important. Hubs can handle many different kinds of network traffic, but as soon as a network gets to a certain size, it becomes more efficient to use a switch because of the data management properties that switches have. Traffic will move faster with a switch on a larger network, and be more accurate. A router would be brought in if you were to connect two different networks together, say a group of Mac workstations that need to have connectivity with Windows workstations. T, the router is important because it can link together separate networks with different protocols because the router asks like a translator. Switches are a good choice for larger networks because they can manage the traffic and create the best paths for data to flow. This can result in increased network efficiency, but if configured wrong, can also create problems. The hub can be relied upon in all different situations. A small group of nodes can be connected by a hub in a home or small office network. This is a cheap solution to connectivity, but in the event that a network gets large and more complex, it might be worth it to think about getting a switch. Works Cited Dean, T. (2010). Network+ Guide to Networks. Boston: Course Technology.