Thursday, December 20, 2018
'Lakeland Wonders Case Study Essay\r'
'1. How leave behind the new chief executive officerââ¬â¢s vision transform the Lakeland Wonders brass?\r\nââ¬Â¢ alter of brand image- no weeklong ââ¬ËHandcrafted with pride in the USAââ¬â¢. ââ¬Â¢ Change of organisational culture with the proposed expansion. ââ¬Â¢ Create new revenue enhancement streams with expansion into new markets. ââ¬Â¢ Departure from the tralatitious style of the company.\r\n2. What argon the main charges of the stakeholders who do not agree with her vision?\r\nââ¬Â¢ wrong of Lakeland Wonders image and ââ¬Ë94 year impostââ¬â¢. ââ¬Â¢ Expanding too quickly could damage the company, concern over speed of change. ââ¬Â¢ Potential logistics issues with outsourcing.\r\nââ¬Â¢ patronage over quality control and doable damage to brand image. ââ¬Â¢ Local, long limit partners would be lost. ââ¬Â¢ newfound chief executive officerââ¬â¢s lack of clear brand dodge for proposed new products. ââ¬Â¢ Union issues- threatened by outsourcing, not consulted earlier on, etc. ââ¬Â¢ New CEOââ¬â¢s plan to leave in new people (Cecil, Pat) will make long term employees tang threatened and insecure.\r\n3. Does your group intend the proposed outline is a good strategic imprint for Lakeland Wonders? If yes, why? If not, why not?\r\nWe think that the proposed strategy is a good go bad for the following reasons: ââ¬Â¢ Increased growth potential, change magnitude profits- enabling the company to grow in line with targets set by board. ââ¬Â¢ expanding upon into growing market-mid non-electric market only ingredient predicted for double digit growth. ââ¬Â¢ Ensures the company cadaver competitive over the long term.\r\nââ¬Â¢ equal effective. ââ¬Â¢ New staff, new ideas and fresh growth- boilers suit improvement for the company.\r\nHowever there are also some negatives: ââ¬Â¢ The overall grooming is needs to be effective and do it otherwise it could be damaging to the company. ââ¬Â¢ CEOââ¬â ¢s push to force through the changes is causing divisions within the company. ââ¬Â¢ Potential liberation of the core quality of the company (traditional, do in USA, etc.) ââ¬Â¢ Risk alienating current customers.\r\n'
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