[Team’s chosen name for the corporation – TBD in Unit 10]
By Terra Allen, Accounting/Finance Manager, Michael Argentino, Marketing/Sales Manager, George Dickson, Operations/Production Manager, Doris Toliver, HR Assistant Manager, Felicia Parris, IT Assistant Manager
March 14, 2014
Introduction to the Proposal’s Purpose and Content
[Team’s chosen name] Corporation is a medium-sized manufacturing company with 250 employees. It directly markets one product: a unique coffee cup with a patented ball bearing sliding mechanism. Nathan Jr. and a group of 10 other executives run the company.
[Team’s chosen name] Corporation has received a large sum of money from a venture capitalist. The venture capitalist and Nathan Jr. are predicting 100 percent growth in five years. To achieve that growth, productivity will need to increase at a similar rate. Therefore, this proposal provides a suggested business model update. Further, the functional areas updates are indicated to assist the business model to predict, plan, and implement future growth and profits.
In this proposal, the problem of the outdated business model and functional areas is addressed with new ideas and new employees to implement them. The 100 percent growth projection in five years can become a reality with the managers’ ideas about these questions:
1. What will my updated business model look like? 1. How can my functional area managers modify their activities and objectives to help the corporation achieve 100 percent growth in five years? 2. How can each functional area adhere to a code of ethics with such fast growth? 3. What new ideas can we implement in the functional areas? 4. What are the issues facing the company and the employees? 5. What will the job titles, descriptions, and skills of new employees in the updated
