Reference no: EM132262841
Individually students will develop a formal response to the problem(s) posed in the case, addressing the following areas within the analysis, and using the same headings. (Numbers in brackets do not necessarily correspond to length but represent the weight that will be given to each section in the grading):
1. Issue Identification: Identification of the problem/issue that must be resolved or decision that must be made. Phrase the problem/cause in the most succinct way possible. Think about:
a. Differentiating the immediate from the basic problem
b. The implications of the problem(s)
c. Identifying the root cause of the problem(s)
d. Determining the decision facing the key person(s)?
2. Identification of Key Success Factors: Identify the company-specific factors in point form that are absolutely critical to the success of the organization. These are the factors that, if ignored, will mean the project will probably fail. Include the following considerations:
a. What factors must be managed successfully for the company to prosper?
b. Key success factors should reflect the top priorities of the organization in this particular case (eg., quality, productivity, low cost leader, etc.)
c. These factors are part of the criteria against which you will evaluate solutions (along with basic criteria such as profit)
3. Identification of Alternatives: Identify alternative solutions. Only deal with feasible alternatives. In the next three sections, analyse all alternatives against criteria set out in key success factors and basic requirements (eg., profitability).
4. Quantitative Analysis: Push numbers in an analysis that is relevant to the issue at hand. Differentiate between what is relevant and what is irrelevant.
5. Qualitative Analysis: Be sure to analyze qualitative issues - they need discussion in most cases. In particular, analyze alternatives in light of key success factors - will this alternative solve the problem and fit with our key success factors.
6. Recommendation on Course of Action: State your recommendation. State briefly the justification for your recommended course of action. Make sure your recommendation flows out of your quantitative and qualitative analyses. Tie your recommendation back to the key success factors. The solution and implementation shout fit with problems and criteria identified above.
7. Circumvention of Potential Problems: If there could be problems with your recommendations, state them. As well, suggest ways to overcome these problems - a contingency plan to address potential difficulties.
The Case
You are a Senior Consultant for the professional service firm, BUSI 2083 LLP. Your firm specializes in providing a wide variety of internal business solutions for different clients. It is your final week on the job and a Manager asks you for some help prior to your departure. Eager to leaving a lasting impression, you start reading the background information provided by the Manager.
Required
Prepare the budget submission to Kevin.
Attachment:- Develop a formal response to the problem.rar