I’m stuck on a Business question and need an explanation.
Please write a 3 pages executive summary on Kodak and the Digital Revolution. I have attache the file below. Papers are to be typed, double-spaced, have a cover sheet which includes Title. You must segregate your material and use headers that tells the reader what he/she is about to read. I have attached the case file below.
Please follow this points:
* The above is the coversheet and doesn’t count as â€œnumber of pages.â€ Let’s see what you can do and keep the report focused â€“ think business writing â€“ to-the-point. Think 3 pages, not including the cover sheet. Also, Do Not state what someone else must do â€“ YOU are the decision-maker â€“ make the decisions! Also, you must defend your decision, e.g., hire X or market Y â€“ ok, how? Where is the money coming from? I’ll repeat this point below.
Next, the analysis needs to address the following topics: NOTE: You MUST put headers at the beginning of each section â€“ you are telling the reader what you are about to discuss. â€œExecutive Summary,â€ etc., are the headers to be used. Further, it must be in this order and no section is combined with another, Segregate your work.
Executive Summary â€“ a summary of your work and conclusions.
This is the first thing an executive reads but it is written last. It is not a summary of the case; it is a summary of Your work. It introduces the topic, states a key issue(s) and the proposed recommendation. It is worth of repeating – Do not summarize the case! Also, leave out phrases like â€“â€œâ€¦this case evaluatesâ€¦,â€ â€œâ€¦the following essayâ€¦,â€ â€œâ€¦this essay concludesâ€¦â€ and similar.
Problem Statement â€“ what problem(s) did you see, pick the key issue(s) â€“ only state the problem(s) you will address. Pick a key problem(s) that you wish to address â€“ there are always issues to address. Do Not explain, analyze or give a recommendation, just state the problem(s) nothing else. Short and to-the-point.
To repeat – there are always issues in the case, pick and state the problem(s) as you see them. These are the problems you will address â€“ stay on track! State the problem(s). These are not questions, they are statements! Do not present a problem in the form of a question! Do not list facts and/or solutions or recommendations here. Make sure that you are stating a problem. Be careful not to state a solution as a problem. For example: â€œThe problem with NYC traffic is that there are not enough parking spaces.â€ The â€œtraffic problemâ€ may have nothing to do with parking but â€œparking spacesâ€ is given as a solution effectively closing off other ideas as to what the â€œproblemâ€ actually is.
This is the most â€œabusedâ€ section â€“ many of us cannot state a problem. We most often state results and/or solutions and/or desired outcomes in the form of a problem â€“ both are wrong. For example, someone will write as a problem â€œâ€¦the company’s stock dropped in value.â€ Sounds right, but it isn’t – it is a result of a problem. Why did the stock price drop? What did the company do (or not do) to cause it? State the cause â€“ you now have a problem to address. Look for a â€œweaknessâ€ in the firm or something that they are not doing or doing poorly.
This is the Points you need to write on:
1. Summary of Facts â€“ Summary only! â€“ and only as they apply to the stated problem(s) being addressed.
State the facts as they apply to the problems you are addressing; do not include superfluous issues. A common failing here is noting a diatribe of facts from the case that have nothing to do with the problem stated â€“ don’t do it. Focus your work. DO NOT analyze anything here, that is the next section â€“ these are the FACTS upon which you are building your case.
2. Analysis of Facts â€“ How the facts influenced the decisions.
Analyze the facts as they apply to the issues you are addressing. Surprisingly, many will write a short paragraph somehow believing that the â€œanalysisâ€ was really addressed under facts, that the issue is obvious, or that there was nothing left to say. These are errors. The analysis is where you demonstrate comprehension of the issuesâ€¦and I don’t read minds.
3. Recommendations â€“ As Manager/Executive/Consultant – What would YOU do, WHY, and critically HOW you will achieve it. You need to do so objectively and therefore no personalization.
This is the most important item; assuming that you were able to state a problem. First, if you do not make recommendations, the report is not accepted, or the grade will be lowered significantly. Next, do not state that the company should keep doing what is doing. Nor should you state such mundane items like â€œThe Company should do market research to see what the market is likeâ€¦.â€ Do not simply rehash the material â€“ your thinking and problem solving abilities are most important. Also, leave out phrases akin to â€œAs a consultantâ€¦managerâ€¦ I recommendâ€¦.â€ Further, you must state HOW you plan to achieve the results, this almost always means a quantitative analysis. So, if you say, hire X people, advertise more, etc., you need to show How you plan to pay for this and the anticipated results, i.e., what benefit will the company garner