Hector Gaming
1. What is our problem?
The major problem for Hector Gaming Company is that there is no set vision or mission. Also, there is a lack of common goal.
2. Identify some symptoms of the problem?
Some symptoms of the problem would be that there is a lack of communication. Hector Gaming Company needs to analyze and formulate strategies to reach objectives. There is no real team work involved. I think that it’s best that they review and define the organizational mission. Also, it would be helpful to set long range goals and objectives.
3. What is the major cause of the problem?
In my opinion I think that the major cause of the problem is the organizational politics. It seems as if everyone needs to be brought back to the same page. This can be obtained by setting goals and objectives together as a team. Also, they need to take all the projects and put them through some sort of decision criteria. By doing that it will help the company choose the projects that are most crucial to the organization.
My analysis
As mentioned above, the underlying issue is that the organization does not have a clear mission of where the company is going. The strengths is Peter’s entrepreneurial spirit, their unique industry specialist, and the growth rate for the last two years being approximately 80& each year. Their weakness is too many projects taking place at one time, conflict of interest, and lack of internal communication. Their opportunity is that they have a unique product that has niche educational value. It is a well-established brand. Their threats consist of potential loss of industry talent to other companies, the increase elements of competition and the threat of substitution. One action is to do nothing, but you have potential of losing key employee’s. Also, you could revise the mission statement; if they do you can bring the company back in line and on the same page. Last, Fire some or all of your top 10 managers, but you have the potential of losing valuable
The major problem for Hector Gaming Company is that there is no set vision or mission. Also, there is a lack of common goal.
2. Identify some symptoms of the problem?
Some symptoms of the problem would be that there is a lack of communication. Hector Gaming Company needs to analyze and formulate strategies to reach objectives. There is no real team work involved. I think that it’s best that they review and define the organizational mission. Also, it would be helpful to set long range goals and objectives.
3. What is the major cause of the problem?
In my opinion I think that the major cause of the problem is the organizational politics. It seems as if everyone needs to be brought back to the same page. This can be obtained by setting goals and objectives together as a team. Also, they need to take all the projects and put them through some sort of decision criteria. By doing that it will help the company choose the projects that are most crucial to the organization.
My analysis
As mentioned above, the underlying issue is that the organization does not have a clear mission of where the company is going. The strengths is Peter’s entrepreneurial spirit, their unique industry specialist, and the growth rate for the last two years being approximately 80& each year. Their weakness is too many projects taking place at one time, conflict of interest, and lack of internal communication. Their opportunity is that they have a unique product that has niche educational value. It is a well-established brand. Their threats consist of potential loss of industry talent to other companies, the increase elements of competition and the threat of substitution. One action is to do nothing, but you have potential of losing key employee’s. Also, you could revise the mission statement; if they do you can bring the company back in line and on the same page. Last, Fire some or all of your top 10 managers, but you have the potential of losing valuable