- New multimedia market
- Competition with rivals
- Children's music sales fluctuate
Case Analysis on Aston-Blair
- 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
- 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
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
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
- 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
- Management team satisfied
- More specific recommendations
- Present information before Cornelius
Cons
- Higher chance of Bodin getting in trouble
- Could potentially embarrass sales managers