Essay on It Seemed Like a Good Idea at That Time- Case Study
TABLE OF CONTENTS PAGE
EXECUTIVE SUMMARY 2 1. INTRODUCTION 2 2. PROBLEM IDENTIFICATION AND ANALYSIS 3 3.1. A change in business strategy 3.2. A poorly constructed and aligned Performance Management System 3.3. Lack of a knowledge management system
3. STATEMENT OF MAJOR PROBLEMS …show more content…
3. STATEMENT OF MAJOR PROBLEMS AT TEMPLETON CARAVANS
Problems initially identified were lack of a suitable business strategy, an unfairly perceived PMS and lack of a knowledge management system.
Having a domino effect, these problems gave rise to more problems that need addressing: 4.4. Loss of TGO employees. 4.5. Large knowledge gaps for Templeton Caravan employees. 4.6. Lack of a knowledge management system and a learning orientated culture that promoted formal and informal learning.
4. RECOMMENDATIONS AND EVALUATION OF SOLUTIONS
A SWOT analysis for TGO revealed that intellectual capital and elements resembling a learning organization were some of the stronger sources of competitive advantage responsible for their success.
As such, declining sales profits are seen as the result of