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Case Study Resources Unlimited. Roy Williams MSM 630. Corporate Senior Management Style. Senior management style seems to be chaotic and reckless. There seem to be a disconnect from senior management and the organization.
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Case StudyResources Unlimited Roy Williams MSM 630
Corporate Senior Management Style • Senior management style seems to be chaotic and reckless. • There seem to be a disconnect from senior management and the organization. • Senior management was focused on chasing profit at all cost and engaged in high risk speculating and energy trading. • The CEO vision was very complex and involved advanced methods of financial engineering and financial instruments.
Lines of Communication • No definable lines of communication senior management disregarded it’s own accountants who was sending a signal to senior management. • CEO’s vision lacked organizational support and understanding. • There was no definitive organizational structure to ensure the right decisions and ethical processes requiring decisions be in the best interest of organization not individuals.
Accounting Practices • Accounting practices were very questionable the accountants could not verify the accuracy of the data reported in media. • Senior management disregarded accountants warning on how the derivative mode was constructed. • The use of highly complex financial instruments and technical skill required for financial engineering was a warning and no action was taken to ensure the organization had competent trained skilled personnel.
Profit statistics 1987 results: Arithmetic mean (μ): 271.75 Standard deviation (σ): 71.6776 Variance (σ2): 5137.6875 1988 results: Arithmetic mean (μ): 200.75 Standard deviation (σ): 125.1326 Variance (σ2): 15658.1875
Salary Statistics Entry level for highest three men in accounting department : High 55,000 Mean 52,000 Low 50,000 Arithmetic mean (μ): 52.3333 Standard deviation (σ): 2.0548 Variance (σ2): 4.2222
Salary based on Gender Male versus Female exceed the (σ): 2.0 to prevent legal action. Women were paid starting salary of $32,000 to correct differential pay and prevent possible lawsuit salary require adjustment of $18,000.
Actual and Hedged Accounts • 1988 last documented actual accounts 32. • 1990 forecasted accounts required for operations 500. • Accounts transferred on paper 468.
References Cooper, D. R., & Schindler, P. S. (2011). Business Research Methods,Eleventh Edition. New York: McGrawhill-Hill,Irwin. Few, S., & Principal, P. E. (November 2005). EffictivelyCommunicatiing Numbers Selecting the Best Means and Manner of Display.Proclarity. Inc.com. (n.d.). How to Create a Great PowerPoint Presentation. Retrieved from http://www.Inc.com WikiHow. (n.d.). How to Create a PowerPoint Presentation. Retrieved from http://www.wikihow.com