The Team That Wasnt - 1561 Words

Case Analysis for The Team That Wasn t Fire Art is a family owned business in the glass making industry based out of Indiana. The company has an 80 year history of producing high quality and high priced glass merchandise. About 18 month ago, sales and earnings bottomed out which drove the need to implement a strategic realignment plan to have the business running and winning within six months. The problem in this case is building a collaborative team with various backgrounds and skills to create a strategic realignment plan in the glass industry to take on the competition, build brand loyalty, increase sales and maximize earnings. Assumptions The assumptions in the case are the employees lack of knowledge of the family†¦show more content†¦What family businesses value and believe about people, work, and money shapes their behavior toward their business and their employees. Without shared values, it is difficult to create a sense of direction for the business. Managerial Decisions The decisions that managers make when running a business, forming teams, or creating strategies are very important for the overall health of the business. Fire Art limited itself strictly in the Mid-Western region and did not embrace expansion outside of it current market area. This decision may have worked for many years in the company but it restricted its growth which allowed competition to gain market share in their industry. It is also imperative that management from a Senior level ensure their employees are aware of the direction the company wants to take in regards to increasing market share, sales and earnings particularly if they see a downward trend in those areas. Hence, the CEO vision for their business or company becomes increasingly important along with the belief the company has a viable product or service the consumer wants. A manager with strong beliefs about the right course of action will attract subordinates with similar beliefs. This alig nment of beliefs between managers and workersShow MoreRelatedThe Team That Wasnt3588 Words   |  15 PagesA Case Analysis: The Team That Wasn’t Abstract: This case analysis presents an objective assessment of FireArt’s team concept. It offers a critique of the company’s failed attempt to establish a team of department heads assembled with the objective of realigning FireArt’s organizational structure in order to address its decreasing revenue share in the novelty market. This is not an assessment of the company’s business practices, but it does present an intuitive review of some of FireArt’sRead MoreMba 653 the Team That Wasnt Case Study2170 Words   |  9 Pagesimplemented and working within the next six months. Eric has put together a team of the top six managers, one from each division, to accomplish this task. Unfortunately for Eric and his team, after the first four meetings, there has been little progress towards their goal. 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