Proposal to Zilack Board of Directors

Topics: Human resource management, Human resources, Management Pages: 17 (4644 words) Published: April 13, 2011
Proposal to Zilack Board of Directors

By: Blue Team
Accounting and Finance Manager – Katie Dahle
Marketing Manager – Mike Dadey
Production and Operations – Chad Leibe
Human Resources Manager – Lenora Box

November 19, 2010


Zilack Corporation is a medium-sized manufacturing company with 250 employees. It directly markets one product: the Zilack coffee cup with a patented ball bearing sliding mechanism. James Jr. and a group of 15 other executives run the company.

Zilack Corporation has just received a large sum of money from a venture capitalist. The venture capitalist and James Jr. are predicting 100% growth. To achieve that growth, productivity will need to increase by a similar amount. Therefore, the business model needs to be updated. The functional areas area must be updated to assist Zilack’s business model to predict, plan, and implement future growth and profits.

This is a unique opportunity. James Jr. has taken over from his father, James Sr., CEO of Zilack for 37 years. The problem lies in Zilack’s outdated business model and functional areas. Zilack in need of new ideas and new employees to implement then. The 100%t growth projection has James Jr. concerned with these questions:

1. How can my functional area managers modify their activities and objectives to help Zilack achieve 100% growth? 2. How can we adhere to our 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 be the job titles, descriptions, and skills of our new employees in the updated functional areas? 6. What will my updated business model look like? A business model describes these components of how the business or organization: A. Acquires, selects, and keeps employees and customers. B. Creates value for its employees and customers.

C. Goes to the market with promotion strategy and distribution strategy. D. Defines and differentiates its product offerings. E. Defines the tasks that the business will perform. F. Develops a sustainable presence with respect to the environment and society. G. Plans for its resources to capture profit.

This proposal describes ideas for Zilack’s updated business model. Specifically managers from Zilack’s functional areas are providing ideas to address James Jr.’s concerns. Accounting and Finance Manager Executive Summary

Accounting and Finance are put in place to make sure the finances are secure and maintained. Each department will report the budget monthly. New computer software was purchased to ensure accurate information. The departments include, accounts receivable, accounts payable, direct and indirect taxes, payroll and treasury operations. The departments must keep within the budget or come in under. Necessary action will take place. Ultimately, we are looking to improve growth 100% in the next year. Human Resources Manager Executive Summary

The Human Resources department is a vital part of the Zilack Corporation. The HR department will make sure the right people are hired. Human Resources will meet the company’s need by ensuring the right people be placed on time. The HR team will evaluate the current rate of pay and the corporate standards for benefits to ensure our company is up- to- date with today’s market.

Human Resources will adhere to the highest standards of ethics and will abide by all rules and regulations. HR will make sure to train and retrain existing employees to keep up with new technology and to stay focused on 100% growth by the fiscal year. Marketing Manager Executive Summary

A solid marketing plan is paramount to any successful organization. Consumers must know your product, know that your brand stands for quality, and be able to purchase or find it easily within the marketplace....
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