How to planning group to strengthen their relationship

Assignment Help Business Management
Reference no: EM133297503

Case Study: Emerging Digital Media (EDM) is a provider of digital marketing solutions for a wide range of product  and service companies. EDM was founded in 2012. After a period of significant growth and great  public interest, the company completed a successful IPO in early 2020 prior to the onset of the  COVID-19 crisis. Several top managers for EDM stayed with the company through 2020 to aid in the transition of the company but by early 2021 most had left. In the fall of 2020, the EDM Board of  Directors selected a new CEO, Susan Brown, to head up the newly public company. It soon became  clear to CEO Brown that while EDM's operating metrics were still strong, there were clear indications  of slowing growth and emerging customer complaints, and that the company was becoming less  interested and concerned about the challenges faced by their companies.

In March of 2021, Susan contracted with a well-known consulting company (Apex) for them to complete an operational audit of EDM and to provide an outsider's view of the company and the legitimacy of customer concerns. Apex, in their review, saw a company with three primary but relatively separate internal groups: the data scientist, software engineers, and marketing specialists  that made up a "professional" group; the sales and marketing arm of the organization; and a large  administrative staff that managed all the support functions. It soon became clear to Apex that as the  company grew, these three groups became less and less clear on the focus of the company and that
many significant constraints had grown in the organization of the company, keeping each group from  being as effective as they could be in meeting customer expectations.

EDM was founded upon the vision of providing innovative digital marketing solutions to a wide range  of service and product companies. While providing a suite of off-the-self products for small-to- medium-sized firms, EDM viewed their real competitive advantage to be their ability to provide  customized innovative digital solutions to major industry players and to maintain close and responsive  relationships. Based on a thorough industry and competitive analysis, Apex felt that this focus was  still the most opportunistic for EDM to pursue and still allowed EDM to create a clear competitive  advantage. Apex's internal audit unfortunately revealed that as the company had grown, it had moved  farther and farther away from being able to create such a competitive advantage. Apex's  recommendation to CEO Brown strongly encouraged her to undertake a reorganization of the  company to align it with its original vision.

Susan, in response to the Apex recommendations, assembled a strategic planning group. The charge she gave to the group was to develop a plan to clearly enunciate the company's vision (main thing)  for all internal groups. Additionally, the planning group was to make specific recommendations regarding how the company should view and relate to customers, the nature of the employees the company needs to attract, and the processes that need to be put in place to support the success in consistently driving the company toward the main thing. The planning group was to report back in three months with their key recommendations.

Based on your analysis of EDM (historically and present day), provide a clear statement of EDM's main thing. What criteria should a successful main thing meet, according to Labovitz and Rosansky? Does EDM's main thing meet these criteria?

Question: What critical questions, drawing on the ideas of Labovitz and Rosansky, should the EDM leaders be asking of themselves in the future to determine whether the proposed recommendations by the planning group to strengthen their relationship with their customers have been appropriately aligned?

Reference no: EM133297503

Questions Cloud

Which of these is represented in the holistic approach smm : Which of these is represented in the holistic approach to SMM as whether decisions regarding the use of social media tools are based on a highly centralized
Critically evaluate the best practices implemented : Critically evaluate the best practices implemented by Microsoft to compensate and motivate their employees and discuss discretionary benefits
Explain the importance of creating a control matrix : OPS 571 University of Notre Dame Provide a broad explanation as to the main argument to the following statement. Explain the importance of creating a control
Describe a form of interdisciplinary collaborative care : Describe a form of interdisciplinary collaborative care you've seen on your current assigned clinical or work site.
How to planning group to strengthen their relationship : What critical questions, drawing on the ideas of Labovitz and Rosansky, should the EDM leaders be asking of themselves in the future to determine
Discuss the impact of unemployment on the community : Discuss the impact of unemployment on the community. If you were to become suddenly unemployed tomorrow, how would it affect.
How this isotonic solution is important in terms : Eye drops are prepared in a 0.9 % sodium chloride isotonic solution. Explain how this isotonic solution is important in terms of the health of the eye cells
What is angina : What is angina? What type of angina is most worrisome? What clinical manifestations/symptoms would the pain with angina display?
What creative ways have used to help an individual eat : ENG 01 John McInnis Jr Secondary Eating healthy can be challenging especially for people who dislike Vegetables and or fruit. What creative ways have used

Reviews

Write a Review

Business Management Questions & Answers

  Reports that address different components

Over the course of the semester, you will be required to submit reports that address different components of your internship.

  Funding new business ventureswhat are the main financing

funding new business ventureswhat are the main financing options for a new business venture? what are the advantages

  What is the major advantage of approach

Adaptation involves modifying the attitudes, processes, and practices found in a team without disturbing the makeup of the members or altering

  Discuss one leadership skill a project manager

Discuss one leadership skill a project manager needs to succeed. How does this skill help them successfully manage a project? Without this skill, what can happe

  Levels of organization management

Give at least three leadership strategies that would be appropriate at the top levels of an organization's management and explain how it would lead to sustainab

  Resources constrains the total contribution margin

a) What are the units of shadow prices of the pears and packaging constraint? b) Which of the resources constrains the total contribution margin?

  Which option of your utility tree has the greatest merit

Which option of your utility tree has the greatest merit and why? How did the application of probability and expected value variables contribute.

  What is the current price of one of bonds

1. Company Malbec's bonds mature in 12 years, they pay $65 in annual interest and have a par value of $1,000. Assume the required rate of return on similar bond

  Identify and nurture leaders in organization

(1) What can you do to identify and nurture leaders in your organization? (2) How can you become a good leader in your present position? (3) Please research and post a current article/video/etc., that addresses the above topic and give your perspecti..

  Attitude play in the study of organizational behavior

What roles do personality and attitude play in the study of organizational behavior?

  Customer experience at a hamleys store

Hamleys is one of the oldest multinational toy retailers in the world. The firm works on a very large scale worldwide and has multiple outlets across the globe.

  Social responsibility in developing a strategic plan

Define and explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas.

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