Name:
Professor:
Course Name:
Subject:
Date Due:
Executive summary
Parks Corporation is a firm involved in R & D business; the firm does projects on behalf of the Department of Defence. Over the years, Parks Corporation has transformed its focus from the R & D business to being involved in low cost production. The process of retrenching employees in the firm was as a result of the recession and this brought down the number of staff to 2200 down from 6700. The upturn in the spending habit of the Department of Defence in 1975 made the firm change its corporate strategy. The new strategy involved Parks improving its R & D staff in the engineering section. Considering the salaries which Parks was providing, there was limitation in terms of getting experienced engineers and hence they decided to employ the young who lacked experience. One of the recruits from college was Gary Anderson. Despite his lack of experience, Gary Anderson was a great production engineer and this resulted to his promotion to a senior scientist who was in judge of the R & D activities conducted at the Mechanical Engineering department.
In 1978, Parks made a decision to bid for the 1st phase of Blue Spider Project together with Lord Industries being the major contractor for the Spartan Program for the Army. This project was meant to ensure improved structural capabilities as well as the age life related to the short range of the tactical missile; the tactical missile was showing failure because of fatigue as it had been used in the field for 6 years. One of the conditions for the choice of the bid for subcontracting was based on the low bid with expertise in technical and also the management performance. Parks Corporation had a feeling that they had a unique advantage over its competitors since they had a previous experience in the Lord Industries projects.
From the onset of this project, there was a problem