...Executive Summary AcuScan AcuScan over the last ten years has been a leader in technology. AcuScan created a retinal scanning security device which is known as the Iscanner. However today profits and shares of the market are dropping and the company must look to a different direction and tap into other markets with their product. To add to the challenges of creating new products into new markets, profits are down and the CEO is requesting that all departments except for Sales and marketing cut their budgets by 15%. This summary will help design a plan of action to help AcuScan develop new products and move into new markets which will increase their profit margins and make them a leader in their expertise. Revenue for AcuScan used to be 50/50 when it came to sales and service of existing products. However, today service makes up about 70% of AcuScan’s revenue which is a very low profit margin. To go along with that issue, the CEO is requesting that the majority of departments cut their budget. Chris the VP of of Product Development is overseeing the budget cuts. He hopes and expects that there will be no layoffs associated with the budget cuts. Chris and Pat, the Director of Marketing would like to tap into other markets by utilizing the existing product they already have. Pat, and Chris’ idea is to tap into the retail market by utilizing their security retinal scanning hardware and software. The hopes of providing this to business owners would be able to have the...
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...time frame allotted. 3The third assumption made by Kelly was that he assumed AcuScan would not have the staff to develop a new product because of lay-offs the previous year. 4Finally, he assumed Pat did not have the technological experience since his past experience was with the cereal business. Pat Lambert - Director of Marketing 6-9 Assumptions Pat is not without fault. 1His assumptions led him to believe that the new product would be a simple addition to the product line. 2He also assumed that the programmers had plenty of time to work on new product even with staff cuts in the previous year. 3His third assumption was that because others were not agreeing with him they were not committed to the new product. 4Pat assumed that the job could be done by outside contractors in the time frame called for. 5As with many project managers, Pat assumed a meeting would resolve all problems. 6As far as the customer is concerned, Pat assumed they would be happy with whatever product was developed and launched since AcuScan has been an industry leader for a decade. 7Finally, Pat assumed Kelly was against him since Kelly questioned his QC experience and knowledge. Cliff O'Connor - CEO 2-3 Assumptions As CEO, Cliff does not have an easy job and has made some assumptions of his own. First, he assumed Pat's history in marketing for a cereal industry would enable him to produce the new product for AcuScan. Next, he assumed the staff would work together to overcome any hurdles for...
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...University of Phoenix Material Case Study Assignment Assignment Overview PREPARE A REPORT FOR THE CEO OF ACUSCAN ABOUT THE SITUATION DESCRIBED IN THE GEN 480 CRITICAL THINKING CASE STUDY. YOUR REPORT SHOULD INCLUDE THE FOLLOWING TWO PARTS: 1. Part One: Respond to the specific questions on the worksheet that follows (100 points possible). 2. Part Two: Write an executive summary for the CEO of AcuScan. (100 points possible). PART ONE: USE THE CASE MATERIALS TO COMPLETE THIS ASSIGNMENT. Analysis 1. Describe all assumptions seen in any of documents provided in the case study. For full credit, provide AT MINIMUM: four to six assumptions held by Kelly; six to nine assumptions held by Pat; two to three assumptions held by Cliff; two to three assumptions held by Chris. a. Kelly- the Senior Engineer is perhaps the most realistic of the employees. The statement in the February 19, 2003 email explaining, “I can design one feature completely and make it work by August," is credible (UOP, 2003, p. 17). After all, the same email explains that programming involves much more than key strokes. It involves planning, testing and quality control (p. 17). In the previous February 19, 2003 email to Chris, Kelly explains how difficult it is for the programming staff to maintain existing services and find time for something new (p. 16). While programming staff was dramatically reduced in the year prior, Kelly’s belief might be partially fallacious. If the new project...
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...Purpose and Scope The purpose and scope of this document presents the facts and issues surrounding Operation Optimize and the conversations held between department managers and the issues that have come from those conversations. This executive summary will summarize the situation as a whole, and formulate conclusions and present recommendations for courses of action to be taken to correct the problem to best suite AcuScan. Summary of the Situation The initiation of Project “Operation Optimize” has not started off on a good note with many, and has not progressed far as there is a disconnect in communication between department management. The competition is quickly approaching the launch of their product to the market as a breakthrough product for the retail market. With the declining economy and still the company still growing, AcuScan must enter the retail market in order to survive. The launch of a new product since the inception of the company could be essential to the survival of and further success of AcuScan, Inc. The departmental issues are in no way helping the company beat the competition to the August deadline, in fact the company will not meet the deadline with agreements are not made soon. With the required budget cuts looming over the departments with the promise not to cut jobs, along with the time constraints the department managers are not assisting one another in the progression of this project. To remedy the situation and get “Operation Optimize”...
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...A case study for a manufacturing company called AcuScan, Inc was fulfilled. The case study involves "Operation Optimize" which plans to bring a new retail iScanner to the market. The study is given in two parts. The first part summarizes the case study and provides the assumptions, arguments problems, and issues of the situation. The second part is an executive summary written for Cliff O'Conner, CEO at AcuScan, Inc. including recommendations for a solution for the company's crisis. Assumptions Four employees that are employed at AcuScan and are involved in this case study they are the following; Kelly Thomas, Chief Engineer of Products Software, Pat Lambert, Director of Marketing, Cliff O'Connor, CEO and Chris Martinas, Vice President of Product Development. The assumptions of each employee are recognized and discussed starting with Kelly Thomas. Kelly feels the budget and timeline to be impractical and thinks Optimize is putting the company on the line. He assumes that only one feature of the Optimize application can be developed by the company's dead line of August first. Based on his conversations and e-mails with Chris, Kelly believes that together the iScann project and financial plan are at risk. Kelly assumes that quality control is of greatest significance for this project. The company's reputation is at stake with new product development and should not be defined exclusively by the marketing department. Pat had an idea for the Optimize that came to her one evening...
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...surpass; ii. That creativity and innovation is necessary for this project; iii. That the iScanner will not leave the market; iv. That the budget can be managed without layoffs; and v. That more can be produced under the new budget. d. Chris Chris also makes significant assumptions, including: i. That layoffs would not work to cut costs; ii. That costs need to be cut in this department; iii. That product development can produce the same output on the new budget; and iv. That the project will be a success. 3. Explanations of arguments a. Cliff O’Connor Mr. O’Connor makes the argument that because sources have reported that there is a significant chance that competitors are improving their products, that AcuScan should work to enter the market. He further argues that it is necessary...
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...Critical Thinking Case Study GEN/480 University of Phoenix Lisa Stansfield To the CEO of AcuScan: Here is a last report that I have devised for you which explains the up-to-date circumstances at AcuScan and a few suggestions and actions that ought to be taken and the reason. Chris Martinas, VP of Product Development and Pat Lambert, the new Director of Marketing have been collaborating on a new product that has to be initiated by the final part of the year. The new product happens to be the iScanner, which they have previously promoted except it will have new features, which makes it new and more advanced. The two of them have been figuring out a way to lower the budget by 15% and try not to not dismiss current employees. They have the funds of 400 K to use and have to convene with the right departments to launch the project. There was a problem through the emails among Pat Lambert and Kelly Thomas, Chief Engineer of Product Software. Kelly designed the original iScanner that was the groundbreaker in the developing retinal scanning security business. After discussing with you about the making of the product and not going outside 400K, Chris emailed Pat and Kelly on the way to do that and the way they could reach the deadline in August. The initial reply to that email was from Pat Lambert, the email was very optimistic and stated how Lambert did not think that it was going to be an issue to generate. The email after that was from Kelly saying that the team was placing...
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...In this archive file of GEN 480 Entire Course you will find the next documents: GEN-480 WEEK 1 DQS.doc GEN-480 Week 1 IndividualAssignment Ethics Awareness Inventory.doc GEN-480 WEEK 2 DQS.doc GEN-480 Week 2 Individual Assignment Professional Workplace Dilemma Paper.doc GEN-480 Week 2 LTA Skills Assessment Paper Matrix.doc GEN-480 WEEK 3 DQS.doc GEN-480 Week 3 Individual Assignment Critical Thinking Case Study Acuscan Executive Summary.doc GEN-480 Week 3 Individual Assignment Critical Thinking Case Study.doc GEN-480 Week 3 LTA Business Specialties.doc GEN-480 WEEK 4 DQS.doc GEN-480 Week 4 Individual Assignment Past Present Future Presentation.ppt GEN-480 Week 4 LTA Role Responsibilities Identification.doc GEN-480 WEEK 5 DQS.doc GEN-480 Week 5 LTA Consulting Presentation.ppt GEN-480 Week 5 LTA Consulting.doc Business - General Business GEN 480 Week 1 Individual Assignment Ethics Awareness Inventory Analysis GEN 480 Week 2 Individual Assignment Professional Workplace Dilemma Paper GEN 480 Week 2 Learning Team Assignment Skills Assessment Paper and Matrix GEN 480 Week 3 Individual Assignment Critical Thinking Case Study GEN 480 Week 3 Learning Team Assignment Analysis of Business Specialties GEN 480 Week 4 Individual Assignment Past, Present, and Future Paper GEN 480 Week 4 Learning Team Assignment Role Identification...
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...In this archive file of GEN 480 Entire Course you will find the next documents: GEN-480 WEEK 1 DQS.doc GEN-480 Week 1 IndividualAssignment Ethics Awareness Inventory.doc GEN-480 WEEK 2 DQS.doc GEN-480 Week 2 Individual Assignment Professional Workplace Dilemma Paper.doc GEN-480 Week 2 LTA Skills Assessment Paper Matrix.doc GEN-480 WEEK 3 DQS.doc GEN-480 Week 3 Individual Assignment Critical Thinking Case Study Acuscan Executive Summary.doc GEN-480 Week 3 Individual Assignment Critical Thinking Case Study.doc GEN-480 Week 3 LTA Business Specialties.doc GEN-480 WEEK 4 DQS.doc GEN-480 Week 4 Individual Assignment Past Present Future Presentation.ppt GEN-480 Week 4 LTA Role Responsibilities Identification.doc GEN-480 WEEK 5 DQS.doc GEN-480 Week 5 LTA Consulting Presentation.ppt GEN-480 Week 5 LTA Consulting.doc Business - General Business GEN 480 Week 1 Individual Assignment Ethics Awareness Inventory Analysis GEN 480 Week 2 Individual Assignment Professional Workplace Dilemma Paper GEN 480 Week 2 Learning Team Assignment Skills Assessment Paper and Matrix GEN 480 Week 3 Individual Assignment Critical Thinking Case Study GEN 480 Week 3 Learning Team Assignment Analysis of Business Specialties GEN 480 Week 4 Individual Assignment Past, Present, and Future Paper GEN 480 Week 4 Learning Team Assignment Role Identification...
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...Critical Thinking Case Study GEN/480 Interdisciplinary Capstone Course March 3, 2011 Norton Brainard III Case Study Part I: Analysis 1. Describe all assumptions seen in any of documents provided in the case study . a. Kelly: Had the assumption that with a project like this it was putting the company on the line. Furthermore the quality of service with little staff may prove impossible. Kelly also assumed that the company was only interested in putting the product out and they were not concern about Quality Control (QC). Another assumption that was pointed out is what exactly the company wanted done could not be considering the workload that they were given two years ago proved to be a challenger and the had more workers it is nearly possible now with the shortage of employees. b. Pat: Is insisted on the only way to bring the company back to where it was ten years ago is to expand and do it quickly because other are doing the same with their companies. Although he had an confidential source he think that the company Secu-A-Corp will be bring out a similar product within in months therefore he wants to move quickly. The anticipated cost he assumed was based on the initial analysis , he also added a significant amount for staffing time in order to reach a product launch goal, not taking in consideration of the changes within the staff and the fact that the company has begun to lose revenue and had to make cut back. He assumes the return on the...
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