Cango Week 1&2 Analysis

Cango Week 1&2 Analysis

  • Submitted By: liz8823
  • Date Submitted: 05/20/2011 2:56 AM
  • Category: Business
  • Words: 3058
  • Page: 13
  • Views: 3

Introduction
Strategy one, in review of CanGo’s requirements, has spent the previous two weeks in discussions to learn and discover the business and needs of CanGo operations. During this period, Strategy One has identified areas that present specific operations issues and has made recommendations for each of these areas below. The issues discovered and discussed are strategic planning, organization, finance, project management, a project team, and project resource allocation and are presented in the information below with recommended resolutions.
Week 1 Issues
Issue #1
The first issue identified by Strategy One is in the area of strategic planning. CanGo has been a successful company to date by being a trail blazer and leader in the online retail resource vertical. In order for CanGo to continue its success, remain a leader and expand its offerings, strategic planning must be implemented in the management of the company. “The strategic management process is made up of four elements: situation analysis, strategy formulation, strategy implementation, and strategy evaluation. These elements are steps that are performed, in order, when developing a new strategic management plan. Existing businesses that have already developed a strategic management plan will revisit these steps as the need arises, in order to make necessary changes and improvements.” (Bushman, 2007) There is an admitted lack of planning in the current organization. By documenting the trending in what has been successful; CanGo will be able to remain an industry leader as long as this planning is a priority in deciding the future vision of CanGo.  
Issue #2
The second issue identified by Strategy One is in the area of organizational planning and goals. CanGo’s management and employees have already expressed plans and ideas that will keep them in the forefront of their industry, however, without proper planning and organization these ideas may be little more than short lived dreams....

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