Assessment of company-team leadership and roles

Assignment Help Finance Basics
Reference no: EM13771804

Wide Horizons Travel Agency Inc. has recently acquired Vista Travel LLC as part of a multimillion dollar expansion plan. Several of the employees from Vista were moved to the Wide Horizon Corporate offices in Houston from their original home office in Detroit. The home offices are in the process of being closed and there is a skeleton staff left there taking care of the closure.

The IT team from Wide Horizons is working on transferring the IT infrastructure of Vista to the latest Office technology from MicrosoftTM, a brand new network and a new phone system. Although over 70% of Vista's workforce made the move to Wide Horizons, the senior managers are noticing a marked drop in the amount of business that Wide Horizons is taking in the form of bookings and certainly not the uptick that was expected with an increase in the sales force of 35%.

This lack of performance is putting a strain on the senior management team who are facing having to cut back on their expansion plans due to lack of funds. There is even some talk of layoffs. Wide Horizons is in need of advice and they are looking for a consultant to come in and review their systems, policies, procedures and training. They also need the consultant to try to determine the problem and make recommendations to address any deficiencies that are found in an effort to get the company back on track.

You have been hired as the consultant for Wide Horizons and asked to deliver a PowerPoint Presentation with your recommendations to the senior management team.

Your PowerPoint should have at least 10-15 slides not including any Title, Welcome, Questions or Reference slides. Use the notes section in PowerPoint to clarify your points. Use at least three scholarly resources when preparing your presentation.

Part 1: Assessment of company

• Create a list of potential areas of weakness based on the information you have in the case brief.

• Explain the interventions that may need to take place in the senior management team, finance, marketing, and training departments

• Utilize Maslow's Hierarchy of Needs when explaining what motivational coaching may need to take place

Part 2: Team leadership and roles

• Using Ginnett's model of team leadership describe how your team decided on its members' roles prior to starting the consultancy.

• Provide information on how your team and their roles evolved during the process.

• Explain each step of the Tuckman's Forming, Norming, Storming and Performing model as it pertained to your team.

Part 3: Final Recommendations

• Provide your suggested plan for the company

• Evaluate the financial impact of such a plan and the time it will take to implement.

Reference no: EM13771804

Questions Cloud

Case study - california choppers : Here is the first thing you will do in the short term towards your recommendation. Here is a sentence or two explaining more about it.
Write a paper about lingering puritan ideals in hawthorne : Write eight pages paper about "Lingering Puritan ideals in Hawthorne and Melville".
Question regarding the analysis of financial statements : What benefits are gained from research, planning, and the analysis of financial statements? Include sources and citing in APA format for each response.
Describe ways in which globalization has changed business : Globalization has significantly changed social life in cities, disassociating it from territoriality. This has had enormous consequences for political, economic, and cultural institutions. To prepare for this Discussion, read the website, Information..
Assessment of company-team leadership and roles : Create a list of potential areas of weakness based on the information you have in the case brief. Explain the interventions that may need to take place in the senior management team, finance, marketing, and training departments
Nutrition essential to our daily lives : What does it mean to eat a balanced diet? Why is food choice important for good nutrition?
Overview of the services the inmates are being provided : You observe inmates in groups, in safe cells, in medical holding cells, in individual counseling sessions as well as meeting with nursing staff and psychiatric staff. Define the terminology that is typical in this setting in order to give an overv..
Summarize what happened in documentary enemies of the people : Summarize what happened in the documentary Enemies of the People. Identify what you consider to be the main argument or lesson the filmmakers were trying to make with this documentary.
Why it is necessary or important to the recovery of inmates : You supervisor needs you to identify, describe, and justify the elements you will want to utilize in the program as well as a list of why it is necessary or important to the recovery of the inmates in your program. Use the following list as a guid..

Reviews

Write a Review

Finance Basics Questions & Answers

  How much mortgage would be paid off after the payment

What would the monthly payment, if the person decided to borrow 90% of the cost of the house and 100% of the processing fees?

  A firm is evaluating an accounts receivable change that

a firm is evaluating an accounts receivable change that would increase bad debts from 2 to 4 of sales. sales are

  Compute the combined projected annual cash flow

Compute the combined projected operating gains/losses over the five-year horizon as the discounted present value of change in cash flows (using 14% as the discount rate), which is due to the pound appreciation and yen depreciation.

  What should you do with regards to the duration

You own a bond portfolio and expect the market interest rate to increase for the foreseeable future. (a) What should you do with regards to the Duration of the portfolio and your own investment horizon? (b) What are the two reasons for doing so?

  What four statements are contained in most annual reports

If a "typical" firm reports $20 million of retained earning on its balance sheet, could its directors declare a $20 million cash dividend without any qualms whatsoever?

  Their yeild to maturity is 9 based on semiannual compunding

you have an outstanding bond for 1000 par value and they matuer in 5 years. their yeild to maturity is 9 based on

  What is deadline for paying no interest in a non-leap year

If she takes the 90 days same as cash option and purchases the printer on December 20, using exact time, what is her deadline for paying no interest in a non-leap year? How about in a leap year?

  When treasury stock is purchased with cash what is the

when treasury stock is purchased with cash what is the impact on the balance sheet equation?a. no change the reduction

  Find the return on investment

Pisa has not performed spectacularly to date. However, it wishes to issue new shares to obtain $100,000 to finance an expansion into a promising market.

  Explain the historical relationships between risk and

businesses have to make many financial decisions that have a direct impact on operations and the ability to

  Calculate the present value of the following future cash

calculate the present value of the following future cash inflows discounted at 10 percent. a 1000 a year for years 1

  Once you have identified the 3 stocks you need to find the

you need to find alice 3 stocks to invest in from different segments of the market. the stocks should come from 3

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd