Cango Analysis Week 5

This year, my two partners and I participated in the Business Financial Plan category. We presented at the District Leadership Conference, where we the advanced to State. This project benefited me in numerous ways. For instance, at the time, I was undecided on my career choice. Participating in this event caused me to acknowledge the financial considerations that need to be taken when operating a business. I soon learned that I enjoyed calculating the finances for a business and determining the most efficient ways for it to operate. Therefore, this event has contributed in my career choice. Due to the impact FBLA has made on my life and the involvement of it, this organization has benefitted me in ways other organizations have

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

The CanGo Company had experienced many obstacles and conflicts during the development of the proposed online gaming services. It is imperative for CanGo to review or to identify any problems that could threaten the company’s future goal. First of all, All team management of the company need to have a clear vision about the company’s long term planning, and analyze very carefully what audience would be targeted for the online gaming services. Also CanGo needs to perform a reliable analysis about their financial status, and making sure that they have the equipment is fully functional and available necessary before they start on new online gaming project. CanGo should also consider that each staff is fully aware about the CanGo’s mission, and this would be a positive way for the company to successfully achieve its goal.

Many organizations, such as schools and workplaces, usually block games sites so that they cannot be accessed from their networks. These organization block game sites to increase concentration and performance of their workers and students. This is because many games are engaging and easily steer one away from their daily organizational performance targets. However, games are not all that bad and too many restrictions against playing them is unnecessary. This is because they create fun and happiness in boring situations and lighten the overall mood of people around gamers. Fortunately, experts in IT and the gaming industry have managed to unblock some of these games allowing gamers to access them wherever they are. One of the unblocked games with a thrilling experience and addictive capability is the Diepio Unblocked.

It is clear that CanGo did not have any type of formal strategic plan for moving forward. All the members of the planning team needed to be on the same page. Andrew, the company’s Director of Marketing, just seemed to be thinking about having fun. “I know this is a hard concept, but we’re talking about fun. You know fun? Remember when you were young?” (Prentice Hall, 2002) while Ethel, the Director of Accounting, was concerned more about the financial aspects of online gaming, how it’s going to impact the organization, and where it is going to take the company. Elizabeth, the CEO and company founder, needs to have another meeting with the key members of all the departments and pay attention to her staff’s concerns pertaining to the online gaming venture before moving any further with the online gaming plans.

Week 3 video starts by Jack argue with Warren the new layout that incorporates bar-coding and automated storage and retrieval systems (ASRS). they were discussion about simplifying, eliminating, automating and integrating and what the ASRS would do for the distribution facilities. Jack wasn’t looking into the company current financial situation and more looking ahead into the future and how with having this new ASRS and how much quicker it would be than with the current system that they have for the picking. Jack also mentioned he wants 2 ASRS. But Jack has not really discussed how pricey this new system is and what it would do with the current employees that are on the old system and what they would do with the new ASRS and

CanGo is a successful company that wants to expand and ensure its continued success. In order to accomplish this task, Liz the CEO has hired Forward Progress to examine current management practices at CanGo and provide a report outlining deficiencies and resolutions. Forward

CanGo Inc exhibits a poor company culture that is disorganized, very casual and to an extent unethical. CanGo employees have adopted a casual approach when addressing matters that are integral to the success of the company. Warren as the leader of the organization has condoned and facilitated the prevalence of this poor company culture. He makes a joke on how to approach Liz with modifying the process layout and his team (Debbie and Jack) laugh and brush of the process layout as an easy task. The overly casual and careless approach is also displayed at CanGo as Maria casually interrupts Warren during a team briefing to carelessly finish his sentence for him that the volunteer in their warehouse was wearing a tattered Burberry. The culture at CanGo also encourages unethical conversations as Whitney “jokes” about the skirt on Gail’s hips, which Gail finds offensive. The lack of a solid leadership has developed a neglectful attitude at CanGo Inc where employees are either passing off duties to one another and or show no interest in the company’s progress. The lack of interest is displayed as Andrew is oblivious to the fact of increased shipping to Japan when asked by Andrew if he has noticed the changes. The planning process at CanGo is adversely affected by the poor company culture.

There are many threats that CanGo can face by joining online gaming. Cyber security, FCC regulations, and Hardware and software issues are a few that must be addressed. According to Computer Weekly Top Five Threats, security can be grouped in three layers. The first layer is an intrusion prevention system that monitors user traffic. The second layer is the installation of a security management system that will provide anti-virus for the virus and protect against back door entry. The third layer being a thorough assessment of which systems are most open to cyber-attacks. New technologies and ensuring hardware and software can meet the ever changing needs of online gaming will be necessary so that products and services do not become obsolete.

With any business there are certain things that need to be implemented to ensure balance and viability to be successful in the future. With CanGo, there is a vision of what they want to be and where they want to go for their future in the business world. They also have a sense of what they want as far as a good internal foundation that would help to carry these goals and visions to their upmost potential. CanGo is struggling with a few areas that will help them to be successful, these areas are, department communication, lack of structured financial analysis before starting a project, organization within the company, very little camaraderie and professionalism with the employees, as well as a lack of legal concern when it comes to actions within the company. If all these issues are not resolved

Determine the key factors that will drive the financial planning process for most organizations in the post-merger phase, and examine the related impact to the organization process. Provide support for your rationale.

According to Soriano, the companies had developed their budgeting and long-range planning system several year earlier but, despite the many advantages these gave them, they still were not satisfied with their ability to respond to the rapid changes in the environment around them. They, therefor, search for a process that would enable them to upgrade their planning capability.

1. How should Trip Hawkins organize the functions of the teams in Finland, India, Spain and California to move into the social network gaming world?

Development in technology brings many things that people don't have many years back. One of these things is online gaming that is provided by the internet.

economy. The immediate effects of the economic condition impact that causes physical damage in global dynamic’ ripples cascade seen around the world. There are several critical primary financial management experiences every organization must face in the wake of economic reporting such as financial planning capital budgeting and capital structure. Financial planning is probably the most dynamic of the process for a Chief Financial Officer to understand the company’s performance. All this is taking place, and an effective financial decision making requires an understanding of working goals of the organization. In other words, it relates the ability to raise funds and the ability to manage risk in buying productive assets. This is a global environment in which tomorrow’s CFOs will operate (). Focusing on approach to working compatibly within a changing environment as the organization redistributes its goal.