Bicycle Shop
Bill and Mary have been in the bicycle business for a while. It started off as the business of their parents. Subsequent to that, Bill and Mary inherited and took over the shop. The number of bikes done per week has mushroomed from roughly half a dozen to several dozen. The price point of the bikes is rather high, ranging from more than a thousand to roughly five thousand. Even with the ever-increasing amount of business for the shop, there are some accounting and other issues that should be addressed. This should be done as a way to harness command and control as well as maximize profit and standardize the operations of the firm. While the business would seem to be doing very well, the amount of control being rendered and the business status insight are both rather low given the way the firm is currently operating.
Analysis
One of the first things that must be changed is that each of the differing departments is in a silo formation when it comes to data. This would mean that they each have their own locus of control and data storage. Departmental autonomy and allowing for ease of operation is coveted...
References
Adaptive. (2015). Data Silos: Why CFOs Think It's the Biggest Financial Mistake. Adaptive Blog. Retrieved 10 November 2017, from https://blog.adaptiveinsights.com/perspective/data-silos-why-cfos-think-this-is-the-biggest-financial-mistake/
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