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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Week 2 Brainstorming Discussions

Week 2 Brainstorming Discussions

Q WEEK TWO Over the next eight weeks you will be creating a consulting report for Mary. In this report you will be explaining to her the best practices in managing a small business and highlighting the mistakes that Mary made so that she can position herself for growth going forward. Use the following template: Consultant Report Template . • Set up the report with the initial requirements in week one (title page etc.). Be sure to read the requirements that the template suggests. For instance, make the heading identify the topic under discussion. The headings are given to you each week. • Each week you will add a section to the ISSUE ANALYSIS SECTION covering the exercise for that week (Final Attachment Post). • LEAVE ANYTHING IN BLUE UNTIL WEEK SEVEN OR EIGHT TO COMPLETE (e.g. SEPARATE RECOMMENDATION SECTION). This week’s heading is “Mary’s Growth Problems” In part two of the report highlight the mistakes Mary made in growing her company Answer the following points: • Explain how Mary might have used the life-cycle theory to manage her business for success. Make sure to reflect on the mistakes made and how understanding the life cycle might have avoided those mistakes. Be sure to identify the mistakes specifically and apply the theory. • Explain the five disciplines theory and apply the theory to Mary’s situation. How does it highlight mistakes that she made in managing the business? • Explain how Mary can use the two theories to examine the future from her current position. Give two recommendations as to what Mary might do next and why to achieve success. Be sure to explain the reasons for your conclusions and support it with class material. • Mary has heard about a SWOT analysis and knows it is a valuable tool for planning because it gives the owner a sense of where the company is now. She would like you to prepare one for her and explain how it was created. Use a table format and explain the choices below the table. Be sure to list at least three particulars for each quadrant of the table. Research is needed to complete this task so be sure to include it in the external factors. Footnote: This exercise is lengthy so be sure to work with each other to gain input and help. The following site will help with the research. Instructions on Creating Geometric Lamps as it shows the kind of light Mary makes.

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VThere can be issues with growing the business of Mary because of the lack of diversity and lack of fresh ideas being generated from the organizational members of MobileLights. Language barriers can be issues faced for growing the business of Mary’s organization as well. This is because every organizational member might not be comfortable speaking the native language always. There can be different native languages for different employees of MobileLights. There has to be presence of product and/or service differentiation in the organization of Mary. Otherwise, there can be switching of companies by the consumers because of not being influenced/attracted enough for some additional value proposition in the organization.