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Cango Week 6 Video Analysis: Strategies

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Cango Week 6 Video Analysis: Strategies
Week 6 Video Analysis
Team Go-Getters

Issue 1: No clear strategy for expansion
CanGo has had its success, and now they are looking into the future. Their question is, “What’s going to help them grow?” and as Liz said, “Turn them into a mighty oak.”
CanGo recognizes that branching out and delving into new territory will be profitable and its popular with investors since they’re thinking of going for an IPO. The possibilities of adding e-books, streaming audio and video is hip but they also recognize that the online gaming industry is on the cutting edge for growth. With all of the brainstorming ideas CanGo has they do recognize there’s a scarcity of resources such as capital and people.
Recommendation:
The management team at CanGo
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