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Transcript

External Factors

  • New multimedia market
  • Competition with rivals
  • Children's music sales fluctuate

Task

Case Analysis on Aston-Blair

Internal Factors

  • Loss of best author
  • Resource allocation
  • Strategic Task Force
  • Overconfindence trap leading to overestimation and excess inventory from sales forecasting
  • The task force assigned to the problem
  • Currently having a meeting with management about how the problem can be fixed
  • The meeting is not going so well
  • Bodin came up with some info that could help their arguments
  • Bodin told Bacon not to share the information until he talked to Burns

Recommendation

Solution #1

  • Why this was chosen?
  • Best decision given the amount of time
  • Will help the meeting at 3 go over smoothly
  • Present the information before Cornelius
  • Specific steps to take from here
  • Meet one-on-one with Bodin
  • Contact Burns
  • Make the task force aware of the changes

Solution #2

Postpone the meeting to a later date

  • Spend time speaking to Burns
  • Regroup the team

Presented by

Michael Combs

Darren Ford

Zachary Littleson

Molly Phillipi

Solution #1

Pros and Cons

Present the Information at the next meeting

  • Notify Jed Burns via phone and email
  • Explain to the management team that the information is new and needed to be reviewed before presenting

Pros

  • Jed Burns can be properly informed
  • Less stress on Bodin's job security
  • Recuperate after rough start to first meeting

Cons

  • Lose respect for unpreparedness
  • Meeting may be tough to reschedule
  • Lose the assignment

Executive Summary

  • Task Force faced with a great dilemma
  • Meeting they are in is not going as planned
  • Need extra information to support recommendations
  • Bodin told Bacon to keep information confidential until showed to Jed Burns
  • Information should be shared at next meeting
  • Burns will be notified that information is being used

Pros and Cons

Pros

  • Management team satisfied
  • More specific recommendations
  • Present information before Cornelius

Cons

  • Higher chance of Bodin getting in trouble
  • Could potentially embarrass sales managers
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