Preview

Situation Analysis

Powerful Essays
Open Document
Open Document
1408 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Situation Analysis
SITUATION ANALYSIS AND PROBLEM STATEMENT Abstract USA World Bank (UWB) is faced with a situation of deciding upon a new product to expand its market share. This paper deals with a scenario in which the ultimate goal is to provide a holistic approach to problem-solving and solution development. In particular, this paper will analyze the first three steps in problem-solving, which include; description of the situation with the emphasis on the issue and opportunity, defining the right problem-based on the situation, and explain the desired future end-state goals.

Situation Analysis and Problem Statement
The banking industry has been impacted by the vast changes in technology. The changes occurring in the banking industry have caused companies to broaden their horizons with new products and services to keep up with the competitive. In particular interest, USA World Bank is faced with having to make better judgments on effective decision-making. Having an understanding of how those decisions are made can be gathered through statistical analysis and effective planning. This requires detailed analysis that facilitates both developing rational expectations regarding the future and the ability to evaluate risks and alternatives (University of Phoenix, 2006, Read Me First, 2).

Situation Background
USA World Bank is a major bank that has a large consumer and small business base. To expand its current market share the executive team realized they needed to develop new products that will be profitable. With the past products being slightly successful they were only aimed on the U.S. consumers and not international. USB needs to submit to the Board of Directors a product that will consume lots of advertising dollars and will ultimately change the bottom line for USA World Bank (University of Phoenix, 2006, Read Me First, 4). Mary Monroe, Vice President of New Product Development and Jim Wilson, the Vice President of Marketing Development presented

You May Also Find These Documents Helpful

  • Better Essays

    Case Analysis

    • 1841 Words
    • 8 Pages

    Smiley, a buyer from Carrefour Fashions, entered the store of a rival firm, Boulevard Boutique. The reason for his visit was to find out about the latest lines that Boulevard was carrying. Once Smiley entered the store he was recognized by Maldini, the store manager of Boulevard, who immediately called the store detective and told him to keep an eye on Smiley. Maldini then called the police, notifying them that he had a shoplifter in the store. Smiley never tried to leave, believing that Rocco, the store detective, would not permit him to do so. Once the police took Smiley to the station he explained the situation and was released.…

    • 1841 Words
    • 8 Pages
    Better Essays
  • Better Essays

    Case Analysis

    • 707 Words
    • 3 Pages

    Enrique Camarena was an undercover DEA agent who served in the United States Marine Corps. On February 9, 1985 Camarena was abducted near the U.S. Consulate in Guadalajara, Mexico. A little while later captain Alfred Zavala, a DEA informant was abducted. The abduction of these two men led to one of the largest investigations conducted by the DEA. Many suspects were arrested in the United States and Mexico. Primer Commandant Pavon-Reyes of the (MFJP) Mexican Federal Judicial Police was assigned to the case immediately which much hesitance. Two suspects were quickly identified, and were brought in for questioning. They were released two hours later by Mexican officials.…

    • 707 Words
    • 3 Pages
    Better Essays
  • Good Essays

    case analysis

    • 2337 Words
    • 12 Pages

    b.What are the amounts and timing of the acquisition investment’s free cash flow from 2013 through 2022?…

    • 2337 Words
    • 12 Pages
    Good Essays
  • Satisfactory Essays

    Case Analysis

    • 251 Words
    • 2 Pages

    Derreck Fryar has great work ethic and he is really dedicated to his work. He only missed two team meetings and one missing is because he attended the new employee orientation. He is willing to work late to solve problems with his teammates anytime. An example is that he works hard to solve an emergency damage control for our important client.…

    • 251 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Case Analysis

    • 474 Words
    • 2 Pages

    Jim Donovan has recently accepted a new position as president for the company Famous Products. He has been asked to fly in to Milwaukee to take a look at the facilities and meet with the former president Don Bird. Jim is so excited and confident about his new position that he doesn’t think twice about his meeting with Bird. Upon his arrival Bird welcomed Jim to the building then brought him into a huge conference room where a bunch of other men in business suits sat. Bird made it openly clear he was not pleased that Jim would be taking over in front of everyone; this was obviously a huge shock to Jim. Jim was not prepared at all for Bird to react this way, we will discuss the mistakes Jim made before he got to the appointment, Jim’s reactions and what he should do during and after the meeting.…

    • 474 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Case Analysis

    • 483 Words
    • 2 Pages

    What about Cal’s point that multiple sclerosis is a progressive disease and that Anna will almost certainly get worse, thus creating potential problems…

    • 483 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Case Analysis

    • 1334 Words
    • 6 Pages

    * “Defendant seeks vacation of a default judgment, contending that the trial lacked jurisdiction over him. We reversed.” (p.199)…

    • 1334 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Chapter 11 16 Supervision

    • 588 Words
    • 2 Pages

    9. How does an innovative culture make an organization more effective? Do you think such an innovative culture could make an organization less effective? Why or why not?…

    • 588 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Decision Making

    • 496 Words
    • 2 Pages

    BYP18-1 Martinez Company has decided to introduce a new product. The new product can be…

    • 496 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Case Analysis

    • 1077 Words
    • 5 Pages

    There have been many cases on freedom of speech and public places. The first Amendment of the Bill of Rights provides that “Congress shall make no law abridging the right of the people peaceably to assemble. Rights to free speech and assembly are not absolute under the relevant Jurisprudence. The Supreme Court has developed categories of public spaces where expressive activities may take place. ”(Gravey & Schaver, 1992, Chapter 2)…

    • 1077 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Case Analysis

    • 1258 Words
    • 6 Pages

    The use of a case study analysis can help a student or group apply the best theory to an individual’s problems or issues. The green team will face the challenges as therapist to provide the necessary problem solving skills that may be suitable to this case study. Ana is the adult female in this case study who is face with different types of problems or issues. The green team will analyze the information, apply best theory, and provide results that will be appropriate for Ana’s major stressors. As there may be no wrong or right answer, it is the work of great minds that will come together and provide clear understanding to illustrate a good logic and rational case study.…

    • 1258 Words
    • 6 Pages
    Better Essays
  • Good Essays

    case analysis

    • 1397 Words
    • 6 Pages

    Cathy did not see the shot coming and she never knew that it was the shot that hit her;…

    • 1397 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Case Analysis

    • 906 Words
    • 4 Pages

    Under Armour, was founded by Kevin Plank, in 1996, one of the major sports clothing and accessories companies in all over the world. They are a supplier of a wide range of sportswear and casual apparel mainly focusing on high technology sportswear for professional athletes. Depending on the high technological and differentiated product lines, Under Armour has dramatic growth rate from 2000 to 2007. In addition, it is supplying over 100 NCAA division 1A football program and 30 NFL team, and opened self-owned retail and outlet stores in 2007. As the result, they had 43 present of the total U.S. performance apparel business sold sporting goods stores, even higher than other two main competitors which Nike and Adidas. Under Armour has 93 percent of sale in U.S. market and 84 percent of sale on apparel; plus international markets and other product lines, it totally profit 0.61 billion in 2007. By comparing with Nike and Adidas in the same year, Nike grossed 18.6 billion and Adidas 15.6 billion. The consequence, Under Armour mostly focuses on the domestic market and apparel but neglects the international market and lack diversification on their product. Although they won the sale in domestic market and apparel in this battle, their revenue was much less than Nike’s and Adidas’s which they lose in the entire market and products in sports clothing and accessories domain. Moreover, Under Armour does not have a patent on any of the materials used in its products; it creates the most critical issues, which lack of proprietary product rights. As the result, Under Armour is facing the problem on losing the international market, diversifying product lines and protection on their technology. If Under Armour still wants to stay on top of its game, they have better to overcome those problem.…

    • 906 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Case Analysis

    • 701 Words
    • 3 Pages

    CEO Lowell McAdam thought creating a leadership culture that leads for shareholder value would meet one of his listed goals. The company then made a key lever for cultural change called the Leading for Shareholder Value (LSV). It is a 1.5 day mandatory executive education program that was designed to help senior leaders understand how to drive long-term value creation which were all lead by CEO McAdam and CFO Fran Shammo. Senior leaders were placed in cross-business units and cross functional teams and giving an assignment to identify obstacles preventing Verizon from creating more shareholder value. At the end, each team would report to a panel of top…

    • 701 Words
    • 3 Pages
    Good Essays
  • Better Essays

    to death if he were black by these black men? After the verdicts, people living…

    • 1582 Words
    • 7 Pages
    Better Essays