...CanGo Week Two Analysis Report DeVry University Bus460 Senior Project Instructor David Mozinski Introduction The Grad Consultants have spent the last two weeks observing CanGo and their business practices to help them determine the weaknesses within their organization. We will use our knowledge and experience to provide suggestions for improvement that will have a positive impact not only on CanGo’s bottom line but also on the morale of all those who are employed by the organizations. Elizabeth (Liz), who is the owner of CanGo, first conceived the idea of the company in 2006. Since then, the company has grown exponentially. According to the company’s intranet “Liz’s experience and education helped refine her vision of a business environment centered on the Internet revolution. Under her leadership, CanGo has grown from a small online book retailer to a leader in entertainment focused e-commerce”. Liz has done very well for herself and the company with the effort and ideas that she has used thus far. CanGo is growing so fast that she now needs help to show her how to be prepared for what could happen and what she wants to happen as a company. When there is so much growth and so much competition, Liz and CanGo need to have a plan. That is why we are here; to help the company stay successful even when they are considering expanding into a new market. During this research period, The Grads have come up with the top...
Words: 2759 - Pages: 12
...Below To Buy: http://hwcampus.com/shop/busn-460-complete-class/ Week 1 DQ 1 Selling your team’s services to CanGo Week 1 DQ 2 Mission, Vision & Values Week 2 DQ 1 Planning a Technological Solution Week 2 DQ 2 Cost Benefit Analysis Week 3 DQ 1 Flow Charting Processes Week 3 DQ 2 Implementing Technology Week 4 DQ 1 Group vs Team Week 4 DQ 2 Matrixed Employee Environments Week 5 DQ 1 Performance Review Session Week 5 DQ 2 Status Reports Week 6 DQ 1 Corporate Decision Making Week 6 DQ 2 Weighing Decision Criteria Week 7 DQ 1 Corporate Ethics Tactics Week 7 DQ 2 Profit vs. Responsibility BUSN 460 Week 1 Team Name and Contract BUSN 460 Week 2 Analysis Report - Issues Report BUSN 460 Week 3 Individual Financial Analysis Report BUSN 460 Week 4 Analysis Report BUSN 460 Week 5 Analysis Report BUSN 460 Week 6 Analysis Report BUSN 460 Final Project Consulting CanGo Final Report BUSN 460 Senior Project Week 3 Individual Financial Analysis Report Individual Financial Analysis Report Conclude working on your Individual Financial Analysis Report, due this week. Note that this is not a team assignment. Be sure to include proper citations for all references you use. Go to the CanGo Intranet and pull the financial statements. Use these to fill out the table found in Doc Sharing labeled Financial Analysis Project, and submit to the Individual Financial Analysis Dropbox in Week 3 after making sure that you have added your last name at the beginning...
Words: 2375 - Pages: 10
...Below To Buy: http://hwcampus.com/shop/busn-460-complete-class/ Week 1 DQ 1 Selling your team’s services to CanGo Week 1 DQ 2 Mission, Vision & Values Week 2 DQ 1 Planning a Technological Solution Week 2 DQ 2 Cost Benefit Analysis Week 3 DQ 1 Flow Charting Processes Week 3 DQ 2 Implementing Technology Week 4 DQ 1 Group vs Team Week 4 DQ 2 Matrixed Employee Environments Week 5 DQ 1 Performance Review Session Week 5 DQ 2 Status Reports Week 6 DQ 1 Corporate Decision Making Week 6 DQ 2 Weighing Decision Criteria Week 7 DQ 1 Corporate Ethics Tactics Week 7 DQ 2 Profit vs. Responsibility BUSN 460 Week 1 Team Name and Contract BUSN 460 Week 2 Analysis Report - Issues Report BUSN 460 Week 3 Individual Financial Analysis Report BUSN 460 Week 4 Analysis Report BUSN 460 Week 5 Analysis Report BUSN 460 Week 6 Analysis Report BUSN 460 Final Project Consulting CanGo Final Report BUSN 460 Senior Project Week 3 Individual Financial Analysis Report Individual Financial Analysis Report Conclude working on your Individual Financial Analysis Report, due this week. Note that this is not a team assignment. Be sure to include proper citations for all references you use. Go to the CanGo Intranet and pull the financial statements. Use these to fill out the table found in Doc Sharing labeled Financial Analysis Project, and submit to the Individual Financial Analysis Dropbox in Week 3 after making sure that you have added your last name at the beginning...
Words: 2375 - Pages: 10
...Team Video Analysis Report Strategic Management Consultants, Inc. Team A Camesha Hunt Alex Landos Derrence Kun Liang Lim Rodney Scott Miguel Soto BUSN 460 Senior Project DeVry University Professor Milford Abstract Team A has been instructed to list 6 issues facing CanGo that Team A assembled from the week 1 and 2 videos. They should be prioritized in order of importance. They should be numbered. The team must then come up with an actionable recommendation for each of the issues found. These should also be numbered and the recommendations must be actionable (DeVry Week 2 Assignments). The following body of text will outline and explain the questions to the fullest extent possible while citing the appropriate sources in APA (6th ed.) format on the references page at the end of this document. Strategic Management Consultants, Inc. Team Video Analysis Report Introduction Strategic Management Consultants, Inc. will address six issues facing CanGo that Team A collected from the week one and two videos. Strategic Management Consultants, Inc. will come up with actionable recommendations, number, and prioritize the solutions for each of the issues found (DeVry Week 2 Assignments). Methods The research for this assignment was collected through DeVry’s E-platform portal from our course e-shell in week one and week two video episodes. 6 Issues After reviewing the video episodes in week one and two Strategic Management Consultants, Inc. believes that the six issues facing...
Words: 2511 - Pages: 11
...Intent of Report: This report is intended to provide CanGo management an understanding of the challenges that they face and a recommended plan of action that will help CanGo overcome these challenges. This report covers the first and second week of videos provided for analysis. Findings: 1. CanGo is a company that is operating without a strong vision or mission statement along with a set of values that identifies their presence and purpose in the market of online gaming. CanGo also does not have a clear business strategy: without this it is very difficult for any of CanGo’s personnel to have any sense of business acumen. 2. During the management meetings it is evident that there is a strong need for some structure and proper utilization of the strategic management process. Everyone seems to be working on projects that are not their strong points, and clear deadlines and expected deliverables are not established. 3. Currently CanGo does not utilize proper planning. Management does not give subordinates appropriate guidance to establish timelines for project deliverables. It is also clear that Nick, the project manager was perhaps a poor choice by management due to his lack of organization, planning skills, and experience in project management and leadership. It does not help the situation that Nick was given very little direction from his superior, Warren. 4. CanGo dove into a new business venture without any financial or market analysis that will afford...
Words: 819 - Pages: 4
...CANGO, INC ANALYSIS SENIOR PROJECT 2011 Final Report 10/16/2011 Christopher Planck Kesha Wilcoxson Ricci Cashwell Steven Thompson Table of Contents Item | Page # | Table of Contents | 2 | Executive Summary | 3 | SWOT | 4 | Market Analysis | 5-6 | Competitive Analysis | 6-7 | Financial Analysis | 7-10 | Financial Recommendations | 10-12 | Strategic Planning Recommendations/ Conclusion | 12 | Work Cited | 13 | Executive Summary Cango is an Internet startup that retails a variety of products and services, ranging from books and videos to online gaming services. To do away with the growing pains of a new e-business, there are numerous ideas on how Cango can be a long lived success in the online gaming industry. We will answer the following questions: * What should we do with the $130M received as a result of the IPO? * Should we go through with purchase of the Automated Storage & Retrieval System? * What should we do with the online...
Words: 2400 - Pages: 10
...BUSN460 Senior Project Final Report and Presentation Guide Overview: The object of this course and this project is to provide you with a realistic situation that you are likely to face in the real world business environment. You'll be working with limited information, limited support from your client, within a limited time frame - and yet, you have to get up to speed in a new area quickly, and make informed professional recommendations based on your research and analysis. You and your team have been hired by CanGo as consultants to help them improve their fast-growing business. The management team at CanGo is busy, not entirely organized and somewhat overwhelmed by their success. They are looking to you as an objective, intelligent, experienced business person - and to your combined experience as a team to help them figure out what they should do in several areas of their business. CanGo can provide very little guidance to you - if they knew what they were doing they wouldn't have asked you for help! CanGo is your customer, and they are paying you a great deal of money, so the tone of your work on the project should be that of information addressed to the Board of Directors of this company, and it should be the best professional work of your (academic) career. You should approach this project as if your job depended on it - as if it were paying your mortgage and grocery bill. This project is your new job. In previous courses you have been given specific guidelines, templates...
Words: 1716 - Pages: 7
...This report has been created by C's Consulting to advise CanGo administration as to the appropriate approach that is required to address various challenges that the company is confronting. This is the first of several reports. This report covers weeks one and two of the video analysis. 6 Issues Identified 1. CanGo does not have a Vision Statement 2. CanGo does not have a definite Mission Statement 3. CanGo should have had a SWOT analysis performed to identify their strengths, weaknesses, opportunities, and threats. 4. Goals and benchmarks aren't established for projects. 5. There isn't any sort of strategic planning in place for long term company growth 6. The job roles of each employee aren't defined and that results in a lack of a command structure. 6 Recommendations 1. CanGo does not have a Vision Statement CanGo has a vision that they will become the best and most secure online gaming site available for all to play their games, with friends, family, and even meet new gamers to play within a secured gaming setting. Our goals are to become the best and most used gaming site around the world. 2. CanGo does not have a definite Mission Statement Our mission is to provide a secured and safe gaming site for any person, young and old to play their favorite games alone or with their friends and family. We want to make sure that our customers are happy, safe, and enjoy their gaming experience at a reasonable price with great games to choose from. 3. CanGo should have...
Words: 1149 - Pages: 5
...Project Course Exercise If businesses/organizations are to succeed, it is imperative that there be definitive and attainable objectives and results. The organization will define objectives by looking at the marketplace in which the organization is competing, the core competencies of the organization, recognizing how these can be applied to the goal of success, and then applying the organization's skills and competencies to accomplish the successes. This also means that the organization needs to identify areas it will not pursue – those that are not directly related to the core elements and competencies of the organization. As an example, if a company were focused on developing and manufacturing sporting equipment, it would need to determine if this includes all sporting equipment or a selection of products. Further, the company would need to determine what would be the various levels of support it would provide to its customers. For example, would the company take its equipment directly to the consumers for demonstrations and lessons on how to gain the optimal results with the equipment? All of these types of decisions would be the result of the organization developing a strategy for how it will conduct its business. All of this translates into Strategic Management with the intended result of gaining a competitive advantage in a business niche. Very simply, developing a Strategic Management Plan means having defined what is the best set of results the organization can attain...
Words: 6210 - Pages: 25
...Cango Week 1 And 2 Video Analysis Report Week 1 & 2 Analysis Report “Poor strategic planning is worse than no strategic planning. It can be a big waste of time and money” (“Strategic Thinking”, 2011, p.1). Strategic planning plays a very crucial role in helping organizations achieve their goals. The strategic planning process requires both managers and their subordinates to work together as a team to design, plan and implement those goals. We have noticed that there have been some deficiencies in the leadership of CanGo Inc. We have also provided some recommendations for the management team to improve their weaknesses so that the company can continue to stay successful in achieving its goals and launching itself to the online gaming industry. (1) There is a lack of mission, vision and value in CanGo Inc. Liz, the founder and CEO started her company with an emergent strategy process. This strategy would not allow the company to stay successful in the long run. Liz thinks that the success of the company has nothing to do with strategic planning. As a result, she fails to recognize the importance of strategic management planning. This issue is the top priority to be addressed because it is the core foundation of the success of the company (BUSN 460, Week 1 Video, 2003). (2) However, the management fails to analyze the company’s position in the market to set reasonable long-term and short-term goals. The goals and expectations seem to be unrealistic or unachievable...
Words: 2280 - Pages: 10
...In the week -1 introductory video, CanGo seems to be doing very well in the market place. This was evidence by the telephone call that was made to Liz by the President of the Hudson Valley business association. When Liz was inverted to speak at the Hudson Valley business meeting to share her expertise with the rest of the business community, she could not define how the business was organized the system she and her management team have used to be so successful in the Hudson Valley. She could not clearly say where she came from as a business, where she is and where she will be going as a business. This seems clear to us that CanGo lacks a mission statement for the smooth operation of the business. If CanGo continue on this path, the company may and will experience major setbacks in areas of business growth and development, accountability and the ability to stay in the market places if other market forces come against her. Recommendation: CanGo like any other business is in the market place to survive and be profitable. Therefore if CanGo must survive and be competitive it must develop a mission statement as a foundation for survival. This statement will define the goals and operations of the business and the purpose for which it was established. 2. CanGo Ethical and Moral Values Due to the absence of an established mission statement the importance of ethical code of conducts cannot be overemphasized. The moral and ethical values of any establishment like CanGo, is based...
Words: 2445 - Pages: 10
...Week 2 Analysis Report BUSN460 Senior Project Professor: Raouf Ghattas January 20, 2013 Issue 1: CanGo is in need of a formal business plan. A formal business plan includes a mission and vision statement to help define the business and where the company would like to go in the future. As the owner/operator of CanGo, Elizabeth never developed a formal business plan for the business from the beginning and therefore had no documented blueprint for the business to speak of. Perfect starting issue! Recommendation: A business plan is a written document that demonstrates persuasively that enough products or services can be sold at a profit for your firm to become a viable business. The three primary reasons for writing business plans are (1) to aid you in determining the feasibility of your business idea, (2) to attract capital for starting up, and (3) to provide direction for your business after it is in operation. CanGo needs a written that will help find omissions and flaws in their ideas by allowing other people to critically review and analyze the plan. A business plan tells you what your business objectives are; when, where, why, and how your business will accomplish its objectives; and who will be involved in running the business. This planning process will help define CanGo’s short term goals and help determine the actions that need to be taken to accomplish them and then gather and commit the necessary resources (Hatten, 2008). The mission statement needs...
Words: 1795 - Pages: 8
...Week 1 & 2 Video Analysis Report Week 1 & 2 Analysis Report “Poor strategic planning is worse than no strategic planning. It can be a big waste of time and money” (“Strategic Thinking”, 2011, p.1). Strategic planning plays a very crucial role in helping organizations achieve their goals. The strategic planning process requires both managers and their subordinates to work together as a team to design, plan and implement those goals. We have noticed that there have been some deficiencies in the leadership of CanGo Inc. We have also provided some recommendations for the management team to improve their weaknesses so that the company can continue to stay successful in achieving its goals and launching itself to the online gaming industry. (1) There is a lack of mission, vision and value in CanGo Inc. Liz, the founder and CEO started her company with an emergent strategy process. This strategy would not allow the company to stay successful in the long run. Liz thinks that the success of the company has nothing to do with strategic planning. As a result, she fails to recognize the importance of strategic management planning. This issue is the top priority to be addressed because it is the core foundation of the success of the company (BUSN 460, Week 1 Video, 2003). (2) However, the management fails to analyze the company’s position in the market to set reasonable long-term and short-term goals. The goals and expectations seem to be unrealistic or unachievable. Goals that...
Words: 2204 - Pages: 9
...Cango Week 1 And 2 Video Analysis Report Week 1 & 2 Analysis Report “Poor strategic planning is worse than no strategic planning. It can be a big waste of time and money” (“Strategic Thinking”, 2011, p.1). Strategic planning plays a very crucial role in helping organizations achieve their goals. The strategic planning process requires both managers and their subordinates to work together as a team to design, plan and implement those goals. We have noticed that there have been some deficiencies in the leadership of CanGo Inc. We have also provided some recommendations for the management team to improve their weaknesses so that the company can continue to stay successful in achieving its goals and launching itself to the online gaming industry. (1) There is a lack of mission, vision and value in CanGo Inc. Liz, the founder and CEO started her company with an emergent strategy process. This strategy would not allow the company to stay successful in the long run. Liz thinks that the success of the company has nothing to do with strategic planning. As a result, she fails to recognize the importance of strategic management planning. This issue is the top priority to be addressed because it is the core foundation of the success of the company (BUSN 460, Week 1 Video, 2003). (2) However, the management fails to analyze the company’s position in the market to set reasonable long-term and short-term goals. The goals and expectations seem to be unrealistic or unachievable. Goals...
Words: 2296 - Pages: 10
...Running head: CanGo Final Report CanGo Final Report Advantage Plus Consulting Services Prepared for: Professor David Mozinski Prepared by: Tonya Blevins Sydney Coleman Brent Currie Glen Ferry Tina Foster DeVry University BUSN 460 Senior Project October 23, 2013 TABLE OF CONTENTS 1. EXECUTIVE SUMMARY 3 2. SWOT ANALYSIS 4 3. MARKET ANALYSIS 6 4. COMPETITIVE ANALYSIS 7 5. FINANCIAL ANALYSIS 10 6. STRATEGIC PLANNING 11 7. CONCLUSION 17 8. REFERENCES 19 CANGO FINAL REPORT ADVANTAGE PLUS CONSULTING SERVICES 1.0 EXECUTIVE SUMMARY Elizabeth Bennett, who sought to break into the lucrative and booming world of ecommerce, founded CanGo in 2006. Over the proceeding years CanGo would establish itself as a regional online success story, providing customers with the opportunity to purchase books, music, videos and games in an online environment. As the country became consumed by an economic crisis, CanGo somehow managed to sustain its success by providing customers with affordable options for entertainment. In this way, CanGo was able to capture a mass market of a variety of segmented consumers. Despite CanGo’s initial success, however, the organization is not without its fair share of concerns. The primary issue with CanGo is that it lacks a formal strategic business plan. The company has also failed to clearly define what its short-term goals and long-term goals are and how it plans to go about realizing those goals. The company...
Words: 4790 - Pages: 20
