Hay I Got A Problem!Critical Thinking: Final Problem Analysis

Hey We Got Hay: Recap

•Hay Bale Distributor For 80 years

•Huge and Loyal Customer BaseFarmer John

Farmer John’s Dad

3 / 1 / 1928

Problem

•Farmer John’s Profits are Declining

•Embezzlement

•Stable production Farmer John7 / 3 / 2008

Alternative Solutions• Hire New Staff

• Change Location

• New Truck

• Create AR/AP System

Alternative Solution #1

• New Staff

• Background checks

• Unemployment

• Costly

Alternative Solution #2

• Location Change

• Less embezzlement

• Process of elimination

• Inconvenience

Alternative Solution #3

• Truck

• Accuracy

• Expensive

• Only one truck

Alternative Solution #4

• AR/AP

• Invoice

• NO cash needed

• Upgraded system

• Success

Implementing The Plan

•Available Resources- Personnel

- Financing

•Resistance Management Plan– - Brief employees of changes

- Terminate personnel as necessary

Implementing The Plan

•Timeline–   - 1 month to get AR/AC 

  - 2 weeks to brief employees of changes  - 1 month to familiarize staff with new system  - 2 months to make personnel changes

Success Evaluation

•Evaluate Success•Outcome Assessment Tools•Best Decision