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Create a financial transformation plan

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Reference no: EM133046082

Maria is the new CEO of a cruise ship company. It has been just a week in her new role as the CEO, and she aims to increase the company's profitability and also make it future-ready.

Maria has invited her mentors to share ideas and determine the steps that she can take in order to work towards this new vision for the company.

If you were an advisor to Maria, which of these steps could you have suggested she took during her first 100 days in this new role?

-Immediately start checking the balance sheets of the company and form a new team to work on increasing the profits.

-Communicate the vision to increase the company's profits and make it future ready to the employees and the stakeholders of the company.

-Create a financial transformation plan for the entire organisation and start encouraging teams to adopt the plan

-Take a meaningful break by going on a vacation, and reflect on her past experiences to draw on learnings that are applicable to the new organisation

Reference no: EM133046082

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