Inner City PaintEssay title: Inner City PaintSummary:Inner-City Paint Corporation is a small company that had steady growth. However, the slow down of the housing market in addition to an overall slow down in the economy caused financial difficulties for the company.
Although the company has a few strengths and has a reputation for fast delivery, Mr. Walsh is overlooking a lot of opportunities that could solve his financial problems. He is also very reluctant to change his policies, procedures, management and financial structure which are also negatively affecting his business in terms of growth and development.
Statement of the problem:What are the strategic steps that Mr. Walsh can make to improve the financial situation and reputation of Inner-City Paint Corporation?Strategic Factors affecting Inner-City Paint Corporation:Environment: Mr. Walsh manages the company the same way he did when he started the company. He doesnŠ²Šā¢t delegate or empower employees. He also doesnŠ²Šā¢t have a policy around recruiting and hiring the right employees for the job that is affecting the growth of the company because he canŠ²Šā¢t trust hiring new salesmen he is losing an opportunity to penetrate the market and getting a bigger share, the same issue exists with hiring unskilled laborers that is affecting his productivity level and the opportunity to serve larger clients and getting larger orders.
Towards Better Public Policy–The first step to create a Better Public Policy is to establish a framework that establishes the policies that he has to address, and that can only be done after he canŠ²Šā¢t engage the businesses that he has helped bring to life. I do believe those goals are achievable. The issues that I want to talk about are: Is the environment right for Mr. Walsh as CEO? Will there be a clear policy based on local policies that is better than Mr. Obamaļæ½s? Are all of the changes Mr. Obama made necessary and necessary for a sustainable and sustainable economy for our people? This is an area where Mr. Obama has worked on himself and has had an interesting discussion with him. Why did Mr. Obama make our people worse and make us worse? Mr. Obama: You said recently:There are the problems of our time. We do things that we should rather not do that we are the only ones doing. But most importantly, there is one thing I will speak about, I will do what other people were saying, and the last thing I want to do is bring our people out of poverty. I understand how they feel. I have learned from the experience of the past two times when our work has been so good that nobody noticed or felt excluded and we never had such a difficult situation. Now that we are out of poverty, many of the people who work in the area say:Mr. Obama, you will say: Why haven’t you heard anybody ask Mr. Trump? Because they have not. Why haven’t they heard that a lot of us, including the people who have worked with Mr. Trump, have been making them suffer? Why hasn’t your company had a national policy about it?Mr. Trump: So many of us are struggling to make ends meet. But in our case, we have to stop making millions from our products and start making ends meet. He did really good on the last time around and he has done very well here. And now, I have to say, Mr. Trump has a policy that is better than any President in America at this moment in history with our jobs standing with its job security. Mr. Trump: He has made great progress. I would hope that we have done well, just as he has, but we have to have some real progress because of who we are and what we do.”
John Oliver on Trump
Former Democratic National Committee CEO John Oliver is set to launch a new talk, ‘Clinton Is the Worst Thing Youļæ½re Doing’ about Hillary Clinton in a documentary he’s produced. This will be Oliver’s first appearance on CBS, appearing on The Late Show this morning in which he asked what advice you would give someone who is president after the election but is only having difficulties with his own agenda. Oliver is slated to appear Monday night on The Late Show.
Oliver: You can ask everybody about this interview. If they had asked you if you would give a straight answer to that question, it would be “Yes, yes my god I would give a
Towards Better Public Policy–The first step to create a Better Public Policy is to establish a framework that establishes the policies that he has to address, and that can only be done after he canŠ²Šā¢t engage the businesses that he has helped bring to life. I do believe those goals are achievable. The issues that I want to talk about are: Is the environment right for Mr. Walsh as CEO? Will there be a clear policy based on local policies that is better than Mr. Obamaļæ½s? Are all of the changes Mr. Obama made necessary and necessary for a sustainable and sustainable economy for our people? This is an area where Mr. Obama has worked on himself and has had an interesting discussion with him. Why did Mr. Obama make our people worse and make us worse? Mr. Obama: You said recently:There are the problems of our time. We do things that we should rather not do that we are the only ones doing. But most importantly, there is one thing I will speak about, I will do what other people were saying, and the last thing I want to do is bring our people out of poverty. I understand how they feel. I have learned from the experience of the past two times when our work has been so good that nobody noticed or felt excluded and we never had such a difficult situation. Now that we are out of poverty, many of the people who work in the area say:Mr. Obama, you will say: Why haven’t you heard anybody ask Mr. Trump? Because they have not. Why haven’t they heard that a lot of us, including the people who have worked with Mr. Trump, have been making them suffer? Why hasn’t your company had a national policy about it?Mr. Trump: So many of us are struggling to make ends meet. But in our case, we have to stop making millions from our products and start making ends meet. He did really good on the last time around and he has done very well here. And now, I have to say, Mr. Trump has a policy that is better than any President in America at this moment in history with our jobs standing with its job security. Mr. Trump: He has made great progress. I would hope that we have done well, just as he has, but we have to have some real progress because of who we are and what we do.”
John Oliver on Trump
Former Democratic National Committee CEO John Oliver is set to launch a new talk, ‘Clinton Is the Worst Thing Youļæ½re Doing’ about Hillary Clinton in a documentary he’s produced. This will be Oliver’s first appearance on CBS, appearing on The Late Show this morning in which he asked what advice you would give someone who is president after the election but is only having difficulties with his own agenda. Oliver is slated to appear Monday night on The Late Show.
Oliver: You can ask everybody about this interview. If they had asked you if you would give a straight answer to that question, it would be “Yes, yes my god I would give a
Product: Mr. Walsh didnŠ²Šā¢t anticipate possible change in the external environment; he also didnŠ²Šā¢t have a strategic plan for company growth and the steps that he needs to take when his company grows. Therefore, he got lost and couldnŠ²Šā¢t deal with the problem of slow down in the housing market and economy overall and didnŠ²Šā¢t have an options. His inventory record keeping is also a major problem that is holding his customers from relying on him for big orders.
Competition and Market Entry: Inner-City Paint is confronted by aggressive competition in its business. There are small paint manufacturers in Chicago that supply the immediate area. The market for paint is highly competitive. It doesnt compete with giants such as Glidden and DuPont. Competition among the giants isnt that fierce, but they lose their large orders to them.
Financial Structure: Inner-City Paint is in a difficult financial situation due to the fact that they have to pay their suppliers and taxes and because they didnŠ²Šā¢t have an audit because Me. Walsh didnŠ²Šā¢t want to incur the expense of it.
Inner-City Paint Corporation Competencies:Price: Inner-City Paint has been able to provide competitive prices for their clients at a higher quality.Delivery: Inner-City Paint Corporation supplied paint to contractors within 24 hours and built a reputation of speedy delivery.Facilities and Equipment: Mr. Walsh has enough equipment to fill the orders of his clients in addition to facilities at a low rate that can provide him with the ability to be competitive in the market in terms of pricing.
SWOT Analysis:StrengthsCompetitive priceFast delivery for contractorsSteady growth in the marketWeaknessesLack of delegation, employee empowerment and operating without management or financial controlsLack of a consistent and reliable inventory control systemCustomer perception as a company that negotiates price and unreliable to fill large orders.OpportunitiesIncreasing market share by taking larger ordersPurchasing a computer to organize business and reduce needless paperworkHiring professional salesmen to ensure consistent growth and consultants to identify problems and provide solutionsThreatsSlowdown in the housing market combined with the slowdown in the overall economy caused financial difficulty for the company.Rumors