Interface’s Evergreen Services Agreement
Northwood University
Problem Statement: Dan Hendrix, president and CEO of Interface, Inc. is challenged with deciding the future of Interface’s Evergreen Services Agreement (ESA) business model. This decision will impact Ray Anderson’s vision to create an environmentally stable enterprise.
Objectives/Goals: (Financials / Ecological) • Uphold ESA’s business model concept • Maintain ecological balance using the ESA’s seven goal plan to achieve a sustainable enterprise • Become Profitable – Increasing net income by 3% in 5 years
Analysis:
After using common troubleshooting diagrams and performing a root cause analysis, various reasons have been identified as to
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According to a facilities manager, The number one rule of budgets for facilities is – Thou shalt not spend more in operating expenses that the rate of inflation next year – • Overall sales team o Anderson was not in unison with his team members. He had a vision but neglected to consult with his cohorts about whether or not his vision was realistic The upfront costs to sell ESA were difficult for customers to overcome when implementing a decision. Customers are initially shown a high price at the time of reviewing the lease and then forced to make decision. Customers are then opted to buy rather than lease. As an alternative the lease agreement could have been adjusted as Interface has no commitment in asking for a specific price amount upfront. Therefore, a smaller amount could be requested from the customer rather than two large transactions at the time of signing the lease agreement. Interface could explore other options to alleviate upfront costs by dropping specific services provided by Re: Source such as the daily tasks of vacuuming and emergency spot removals. Removing such services will allow them to charge a lower
Budget management analysis is used by mangers as a tool and helps determine that all resources available are being used efficiently. The budgets are determined yearly and are based upon the previous year’s budget and variances. This paper will discuss specific strategies to manage budgets within forecast, compare five to seven expense results with budget expectations, describe possible reasons for variances, give strategies to keep results aligned with expectations, recommend three benchmarking techniques, and identify those that might improve budget accuracy, and justify the choices made.
Sustainability from a strategic business perspective is the potential for the long-term well-being of the natural environment, including all biological entities, as mutually beneficial interactions among nature and individuals, organizations, and business strategies. (O.C Ferrell, Fraedrich, Ferrell, 2015). Business sustainably is often defined as managing the triple bottom line – a process by which companies manage their financial, social and environmental risks, obligations and opportunities. These three impacts are sometimes referred to as profits, people and planet. (Business sustainability definition from financial times lexicon, no date). This essay will discuss the idea of sustainability being an important element within a businesses and its core strategies and the importance of it within different businesses. Secondly, this study will look at how different stakeholders are affected and influenced by sustainability as this could be seen as a catalyst to improving the environment as a whole and. Then this study will look at how businesses not focusing
The customers want their orders to be delivered on time. The existing customers pose a problem for Evergreen because their business spikes around certain holiday, thus increasing orders during certain times of the year. Evergreen needs to have another process in place for peak times versus the normal business schedule. The peak process could include such contingencies as having additional clerks on staff, mandating
Mr. Patterson was also unable to lead his team because he was capable of communication with them in a manner that could obtain desired responses. According to Williams (2007), “The more aware and sensitive you can become to how other people react, the more you will be able to steer this response you get from others” (p.8).
6. (TCO 6) Imagine a world that is populated by 9 billion people. In order to maintain our current quality of life, such a world would require 2.3 planets’ worth of resources. In order to sustain the U.S. way of life, businesses and the government must plan for 30% more people living across the globe. Most of those people will be in developing countries, and the demand will be great for energy, food, and healthcare. Your concern is that you and your production team have been asked by your leadership to create a scorecard to measure your firm’s efforts in sustainability. Your team’s scorecard should necessarily include which? (Select all that apply.)
The carmaker, which employs 15,000 people, including 3,500 engineers at two product development centres in the Midlands, is part of the EU ETS scheme and has signed up to a Climate Change Agreement. Head of sustainability Frances Leedham says One of my objectives is to make environment and sustainability part of doing business. It was unheard of a few years ago, but there is a clear incentive to decarbonise our economy and focus on renewable energy. Across our UK facilities we have set ambitious targets, and by 2012 we aim to reduce operating carbon emissions by 25 per cent, waste to landfill by 25 per cent and water consumption by 10 per cent. So crucial is the companys sustainability agenda to long-term business growth that a 9m fund has been set aside for investment in efficiency measures across the business, targeting areas where the biggest savings can be made. Jaguar Land Rovers paint shops, for example, have been identified as the largest consumer of energy in the whole manufacturing process. By sharing best practice between production sites, the company has implemented more than 50 initiatives-from optimising use of air compressors to closing parts of the paint shops when they are not being used. These measures have saved 13,200 tonnes of carbon emissions and more than 1.5m in energy costs over the past two years. But Leedham insists smaller schemes have a significant effect, too Things such as lighting, heating
achieved via either a global or functional level strategy. This report analyses the benefits and limitations of these strategies and presents a realistic recommendation for long term strategic sustainability.
Looking back at the statement of financial positon for 2013, 2014 and 2015 shows increases each year in the revenue. Investments over this period have increased by 2 million. Equipment and improvement expenses have gone down. In 2013 the expense was over 300k. 2014 and 2015 were much smaller around 10k. 2016 jumped up to just over 200k. This shows that attention is being paid to improving the office and equipment and staying up to date with technology.
This Agreement ("Agreement") is made effective as of March 29, 2016 by and between Abdul Razak Abdul Mumuni of P.O Box 450, Madina-Accra, Ghana and MEGA FLIGHT SERVICES of P.O. Box CT 4161, Cantonments-Accra, Ghana.
The service agreement is an agreement plan that clearly expressed contract, agreement between the worker and the client, family, and group concerning a targeted issue, goals, intervention, roles, and tasks of the participants. Its major obligation is to have agreement, phenomenal participation that will achieve proper intervention process that will propagate reciprocal accountability, and clarity. The service agreement could be oral or written. But written is more advantageous because, the social worker will always give a copy of all discussed for the purpose of remembering everything discussed with the client and to hold the social worker accountable for the type of services administered. Both of them will sign the written form for it to be
the continual improvement of the environmental performance of our activities, products and services and prevention of pollution, which complies with the international ISO 14001 standard;
In order to successfully engineer this 20 year plan, the triple bottom line must be a concrete threshold for the project: People, Profit, and Planet. By being aware of the environmental implications of this plan, as well as the social impacts and the cost of the project, the project definition strives to match what Holcim stands for as a company. This report will cover
It is helpful to look at the new buildings from a maintenance point of view before they are constructed. Design elements that are challenging to maintain result in unexpected facilities expenses that often are not considered when developing future budgets. An example is foyer or lobby lighting. Perhaps the ceiling is higher in this area and requires a man lift to change a bulb. Typically, facilities departments do not own a man lift nor do they employ someone who is certified and can operate the equipment. This expense falls into the facilities budget.
To further illustrate my conflict and conclusion, I decided to use the Root Cause Analysis tool because I think it's important to look closely at the problem in order to configure a solution and possibly prevent this conflict or a similar coflict from happening again.
In a culture based on consumption and consumerism businesses are the forefront of society providing every good and service imaginable. Although, in today’s society there has been an increase in significant issues concerning the ecology of our planet that have come along with this consumer culture. With issues such a lack of clean water, lack of food, lack of energy and a rapid decline in biodiversity. This rapid decline in natural resources is due to mostly to the over consumption and alteration of the planet and its resources. Where do we start though in the process to protect and preserve our resources? It starts with the very businesses that we all buy from; a major part of our everyday lives and the largest consumers of resources businesses can play a large role in sustainability and climate action. Increasing pressure is being put on businesses to create a more sustainable society, this is being done through many business sustainable business efforts.