Prepare a report for the CEO about this situation in two parts: Part One: Respond to the specific questions on the worksheet that follows (100 points possible). Part Two: Write an executive summary for the CEO (100 points possible). PART ONE:
Use the case materials to complete this assignment.
1.Describe one (per instructors change week one) assumptions seen in any documents provided. a.Kelly Through several emails and communications, Kelly assume that there is not enough time to meet the deadline of August for the project. Even though Pat seems to show that, there is some chance to do so. b.Pat believes that an "Operation Optimization" project needs to be embarked on now to improve the market shares of AcuScan. She believes that they can accomplish this by an August time line and for 2/3, the original projected cost. He also believes that Chris is not supporting him and is trying to undercut him while he is CYA. c.Cliff understands that he has to reduce the budget by 1/3 keep the company in a fiscal sound position. He also understands that the necessity of meeting the August time frame is important. d.Chris like Kelly is not sure that the August deadline is possible. Chris is also assumes that Pat and Kelly can work out the details on the project without any involvement of other resources 2.Explain the arguments made by each of these people.
a.Cliff O'Connor believes that AcuScan needs a new product for their market segment. Their current product has little growth potential which is indicated by dropping revenues and current economical conditions. He also understands that the current out lay of capital cannot exceed the original request of $575K. According to Pat and Chris, "a confidential source states that Secur-A Corp. is in the process of developing some kind of retail application. It is only a matter of months before Secur-A will come to market with a competitive product.", with this information, the deadline for August has been set. This deadline seems to be more emotional the set in fact. No one knows the market reaction or actual release date of the competitor product. b.Pat Lambert from a marketing direction, Pat knows the company needs to find some new product or directions to boost revenues. She knows that if AcuScan can get some type of prototype by August and beat their competitors, they can establish a position with their current customer base and future ones. Pat also understands that the prototype that may not have all of the features nor works properly is more important to deliver to the market before their competitors can establish AcuScan as a leader to their market segment. c.Kelly Thomas in conversations with Pat, Kelly believes that the project is possible. However when all is put down on paper, Kelly is not sure, nor will commit to the August deadline. He believes that there are too many changes to take place by the deadline and that the purposed features should be reduced. Another argument for Kelly is that his staff has been reduced by 25 percent and he does not have enough staff to accomplish the task and that the current load is pushing his programmers. d.Chris Martinas is looking at the new product as the future of the company in their market segment. As VP of Product Development, he would understand the need of new feature set to keep the edge on their competitors. He also understands that there is a very quick turn around time in research, development and delivering to the market a new product. He understands, like Pat does, the idea delivering a product without all of the requested features. 3.Evaluate each argument listed above as sound or unsound and why. Indicate whether they are emotional or logical in nature. a.Cliff O'Connor For the most part Cliff's arguments are emotionally that have been encourage by the position of the company and the economics of the market. He is basing some of his arguments...