Preview

Case: Aston-Blair Inc.

Good Essays
Open Document
Open Document
840 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Case: Aston-Blair Inc.
Aston-Blair had suffered significant loses in the first quarter of 1991 and expected even worse in the second quarter. Casey (vice president of marketing) and Trott (vice president of corporate planning) were asked to reexamine the company’s procedures for forecasting sales, which was considered as one of the several underlying problems contributing to the firm’s poor performance by Aston, the CEO and chairman of the board.

Bacon was asked to form a task force to do the task, and after some discussion with Casey and Trott, he formed his team and had his first meeting with his team members, since they didn’t know each others, they didn’t have the great start but finally they decided to divide the people into different sub groups for different things.

After some time in July 23, they thought they made enough progress and wanted to do a presentation in August 4. But just before the presentation time, Bodin had some new finding but it’s sensitive so he need to handle it with his boss first and can not be presented in the coming presentation, so they agreed to keep those information confidential first.

After Meir’s back, they did a presentation but they didn’t get the positive comment from the top. And they were asked to do a presentation at the afternoon to figure out what they were going to do. They all faced much pressure. Even worse at noon, the confidential information from Bodin was disclosed to Meir’s boss (vice president of economic analysis), and he would talk about the related thing with Bodin’s boss and ask for that information.

In the above case, the task force made the following problems:
a.At the start:
1) Bacon didn’t set up the schedule with his managers
2) Bacon didn’t clarify the team’s decision-making power with his managers
3). Bacon was new in this field and was not appropriate to the leader
4).Some people they selected didn’t have the organizational influence and credibility
b. First meeting:
1).In the first meeting, they

You May Also Find These Documents Helpful

  • Good Essays

    Case 11 6 Lessee Ltd

    • 672 Words
    • 2 Pages

    Case 11-6 deals with Lessee Ltd., a company that operates in Britain and uses IFRS. The question in this case is how to classify a lease that Lessee, Ltd. acquired from Lessor Inc. The accounting standard that deals with leases under IFRS is IAS 17. IAS 17 was originally issued in September 1982 and was reissued in December 2003. It classifies leases as either finance leases or operating leases. Finance leases make it so that the lessee recognizes an asset and a liability and the lessor recognizes a receivable, basically transferring all the risks and benefits of ownership. Under operating leases, the lessor still recognizes the asset and the lessee recognizes an expense.…

    • 672 Words
    • 2 Pages
    Good Essays
  • Good Essays

    One particular member of the audience had a comment to make about the meeting and how the overall decision turned out.…

    • 585 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Deloitte Case

    • 253 Words
    • 2 Pages

    Runway offers existing customers (the “Existing Customer”) a $25 credit (the “$25 Referral Credit”) if the Existing Customer refers a friend (the “New Customer”) to Runway’s Web site and the New Customer purchases merchandise from Runway.…

    • 253 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Michael Blair was faced with multiple charges and years in prison for something he did not do. First Blair would be faced with a really long time in prison for capital murder. Wednesday, Blair was charged with capital murder because of the death of Ashley Nicole Estell, who was abducted on Sept. 4 from a crowded park in Plano, Texas (McFarland). This shows what Michael was charged with capital murder against a Texas teen, Ashley Estell, on September 4th from a crowded park. Second, Blair was already a convicted felon and claimed that he was innocent. A convicted sex offender that was 23 years old was charged with capital murder, says that he did not commit the abduction and killing of a Texas girl (McFarland). This goes more into personal detail about the convicted murderer, Michael Blair, and the fact that he is pleading innocent in this capital murder charge. Michael Blair knew that he was not guilty of capital murder against Ashley Estell, but he would have a long fight ahead of him to get exonerated. The investigation would make him seem more guilty, than innocent.…

    • 1741 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    As the meeting started the Chairman in charge Joseph Almeida introduced everyone on the board and then they started the meeting with a recall for a work session to be postponed but was immediately dismissed. Then they called up a woman who was sick from the last week and an assistant had come in to pass the…

    • 936 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    * Category managers worked with store managers to review the previous year’s lineup, order and actual sales…

    • 1412 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    TLC Meeting Summary

    • 800 Words
    • 4 Pages

    In this meeting, there are total of nine people were present and they were missing one person. Around 80% of the total population was present actively and was observing the actual presentation.…

    • 800 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    It would impact the work of auditors in terms of the care they exercise in preparing the auditor’s report. The cost would be more time spent on audits and the clients would need to better prepare their own reports. The range and number of persons who could suffer loss consequent upon negligent of auditors is large and includes investors and creditors. It would benefit them greatly because the audit work should be done with better care therefore they can use the statements with more trust. I feel that the judge should have authority to decide who auditors are liable to. In this case is clear that Touche was negligent and they should have liability to all foreseen third parties.…

    • 663 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Deloitte Case

    • 428 Words
    • 2 Pages

    As noted in Addendum – 2007 above, the conclusions reached in the above case were not…

    • 428 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    The lower a company’s interest coverage ratio is, the more its debt expenses burden the company. If the firm’s interest coverage ratio is 1.5 times or lower it is generally considered to be a bare minimum and it is risk for default is too high. Generally, an interest coverage ratio of 2.5 times is often considered to be a warning sign, indicating that the company should be careful not to dip further. In this case the Maxis Company should be aware of their interest coverage ratio.…

    • 86 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Before contacting STI, Gary called a team meeting to introduce the new data to the project staff. During the meeting one functional manager was noticeably displeased that he had not…

    • 1168 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Brewster Case Study - Mhr405

    • 3483 Words
    • 14 Pages

    Leadership positions were not clearly made and there wasn’t a clear job description given to the supervisors as to what was expected from them.…

    • 3483 Words
    • 14 Pages
    Better Essays
  • Satisfactory Essays

    Council Meeting

    • 950 Words
    • 3 Pages

    The Meeting open with the city accountant presenting a general financials report. She spent most of her time reporting on the expenditures the city is required to pay out to Memorial Health system, which from the way they were speaking I understood there was some sort of legal settlement they have to pay out on. Also discussed the cost of some handicapped access renovations to the hospital and the building codes at certain access points according to the current plans, and the costs to the city to execute these plans. There was also a request asking for a $500,000 increase to fix some required drainage repairs, to install some slip lines to cover failing copper water lines on Powers Avenue. And the last specific Item they discussed during this time was the cost and procedure of doing the mail in ballots for the April 2015 elections.…

    • 950 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    This information was then sent to our chief executive, and from there we had a meeting regarding…

    • 1619 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Firstly , it is of paramount importance that when Margaret and Trevor came back to the office after lunch , Dana loudly said” Hah !Is that your new boyfriend?” . Obviously , Dana was spreading rumour that Trevor was a new boyfriend of Margaret ; in fact , Trevor was absolutely not a boyfriend of Margaret because she was married to her university sweetheart for a long time . Based on unethical communication , rumour is an access of unethical communication . when rumour happened in the organization , the dysfunctional communication had already happened . So, this was the first episode of dysfunctional communication…

    • 983 Words
    • 4 Pages
    Good Essays