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Cango 2

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Submitted By jackie439
Words 2621
Pages 11
Video Analysis Week 3-4
DeVry University
BUSN 460
September 21, 2011

Introduction:
In order for any company to grow to be a successful and viable company in the future, there are a number of things that they have to ensure are balanced and running properly. For CanGo they have the vision of where they want to be in the future and the start of a good internal structure to carry out those goals and vision. Where things seem to become off balanced for CanGo is in the areas of communication between departments, ensuring that full financial analysis have been completed before starting on a project, internal organization within the company, lack of professionalism between employees, and lack of concern for legality when it comes to company action. All of these issues if left uncorrected can pose a huge threat to the viability of CanGo’s business in the future. However, on the other hand if the following recommendations are put into play and the current issues are resolved it will only further and grow CanGo in their current state and in the future.
Issues:
1. There seems to be a serious lack of communication between departments at CanGo. At any given time it is pretty apparent that employees do not seem to know what others are working on. 2. It does not seem that CanGo has done a proper full financial analysis regarding the new system; once again no project should be jumped into without proper analysis. 3. CanGo lacks of a strategic plan to train the personnel for new responsibilities. CanGo management is seriously considering entry into the online gaming market, a business of which CanGo management has limited understanding, while simultaneously attempting to persuade investors that the Company is a sound investment for today and for the future. (Xiong, Zhou, & Varshney, 2010).. 4. Lack of organization within the company. The Company is

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