INTD 670 Business & Finance Question help

I need help with week four INTD 670 ASAP please?

WEEK FOUR

 

 

Note: All character
and company names are fictional and are not intended to depict any actual
person or business.

 

UWEAR and
PALEDENIM

 

Will this work?
What do we do next?

 

Those were just
two of the questions that weighed on Tom Tramlin’s mind as he walked with Mike
Miller to yet another meeting. The merger between UWEAR and PALEDENIM was
underway, and things had become chaotic at the office during the past week as
the management teams clashed over differing policies and procedures.

 

“I am glad that
we decided to hire ALTAP Consulting for this project.” Tom said as he joined
Mike on the elevator, “Their experience will certainly be helpful as we try to
move through this merger.”

 

Mike looked
down, hesitated slightly, and then responded, “Yes…I think you’re right. I have
some doubts about bringing in outsiders, but they might be able to offer a
perspective that we lack. I just wonder what they can really offer since they
don’t know our industry.”

 

“I can
understand your hesitation, Mike, but I really think we’re making the best
decision possible,” Tom responded confidently as they exited the elevator and
headed down the hall to the meeting. “The team has been under a lot of pressure
the past couple of weeks trying to deal with this merger, and we need help. I
don’t know if we can do it alone any longer.”

 

ALTAP
Consulting

 

“Can you
believe it?” asked Steve Maine as he barged into your office with a huge smile
on his face. “We got the contract for the merger between UWEAR and PALEDENIM.”
Excitedly smacking the contract on your desk, he said, “This is huge for our
company and a big opportunity for you!”

 

You were just
promoted to the strategic manager position after spending your first 2 years as
a strategic analyst. You work at a management and leadership consulting firm
that specializes in corporate management training and solutions.

 

Maybe this will
be your first real project to manage.

 

“I want this
project, Steve,” you stated emphatically. “I’m ready for it, and I won’t let
you down.”

 

“What makes you
think you’re ready for a challenge like this so soon?” Steve raised his left
eyebrow, glancing uncertainly in your direction. “This is a pretty high-profile
project, and all eyes will be on you. Do you really think you’re prepared for
this?”

 

Right now is
your opportunity to win the job.

 

“I’ve had
experience with projects like this before with my previous company, Steve. Do
you remember the merger project I mentioned that I was in charge of for the two
petroleum companies?”

 

“All right,” he
responds, “if you think you’re ready, then I’m willing to put it in your hands.
Let’s go over the company briefs because you need to prepare for a meeting next
week with the CEOs of UWEAR and PALEDENIM.”

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Company Name

 

 

UWEAR

 

 

Headquarters

 

 

New York City, NY

 

 

Ownership

 

 

Publicly held

 

 

CEO

 

 

Tom Tramlin

 

 

Number of Facilities

 

 

4 in the US

  (1 manufacturing plant + 3 distribution centers)

 

 

Number of Employees

 

 

100

 

 

Company Description

 

 

UWEAR is an upscale uniform supply
  company that has been in business for over 40 years. They design,
  manufacture, and supply uniforms for hotels, restaurants, resorts, and cruise
  lines from around the world. UWEAR is recognized worldwide as the leading
  supplier of elegant durable uniforms.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Company Name

 

 

PALEDENIM

 

 

Headquarters

 

 

Cincinnati, OH

 

 

Ownership

 

 

Privately held

 

 

CEO

 

 

Mike Miller

 

 

Number of Facilities

 

 

1 in the United States

  (sales office and distribution center)

 

 

Number of Employees

 

 

15

 

 

Company Description

 

 

PALEDENIM supplies low cost denim
  and coveralls to the trades industry and their main customer base is located
  in the Midwestern United States. They have been in business for only 5 years
  but are gaining market share rapidly due to their entry-level pricing
  structure. They do not manufacture any of their products.

 

 

The Merger

 

After reviewing
the company briefs, Steve began to discuss the merger. “The two companies have
decided to combine their marketing, sales, strategic analysis, human resources,
and leadership teams.”

 

This will be a
challenging project.

 

“So, my primary
responsibility is going to be solving problems and resolving conflicts within
and between the companies,” you mention nonchalantly, as though this will be an
easy task. “I will work with them and propose solutions that will benefit the
merger and allow the companies to more easily transition through this period.”

 

“You seem to
have a handle on what needs to be done for this project,” Steve nods as he
heads out of your office. “I’ll be here to consult if you run into any issues.”

 

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