Based on the previous assignments you should have a clear understanding of the detailed problem, i.e. the root causes for the current situation è displayed in a causal network diagram. If you do not,...

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Based on the previous assignments you should have a clear understanding of the detailed problem, i.e. the root causes for the current situation è displayed in a causal network diagram.
If you do not, you have to work on this!!!

Now that you have the root causes identified, we can move towards solving the root causes of the detailed problems. This assignment is oriented on the short-term.
Remember that you have considerable freedom in deciding how to go about answering this part and that you are a consulting team who has to explain to the client what you are doing and why.
Some hints are provided with regard to topics that you might want to cover but to emphasize once more you should approach it as if your consulting team decides what should be analyzed. You therefore need to explain to your customer what needs to be analyzed and why and justify those choices, i.e. use references.


Answer to the most immediate problems

The most immediate problem for the company is to prevent a bankruptcy. Therefore InnoBus has to convince the bank to withdraw its request for immediate repayment of the outstanding indebtedness and to make a recovery plan in order to overcome the crisis.
17. Security position of the bank
Make an overall review of the security position of the bank within InnoBus. Estimate what the bank will receive after liquidation of the company.
18. Recovery plan
Make a recovery plan for the survival of InnoBus for the next two months.




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Assignments InnoBus case Based on the previous assignments you should have a clear understanding of the detailed problem, i.e. the root causes for the current situation ? displayed in a causal network diagram. If you do not, you have to work on this!!! Now that you have the root causes identified, we can move towards solving the root causes of the detailed problems. This assignment is oriented on the short-term. Remember that you have considerable freedom in deciding how to go about answering this part and that you are a consulting team who has to explain to the client what you are doing and why. Some hints are provided with regard to topics that you might want to cover but to emphasize once more you should approach it as if your consulting team decides what should be analyzed. You therefore need to explain to your customer what needs to be analyzed and why and justify those choices, i.e. use references. Answer to the most immediate problems The most immediate problem for the company is to prevent a bankruptcy. Therefore InnoBus has to convince the bank to withdraw its request for immediate repayment of the outstanding indebtedness and to make a recovery plan in order to overcome the crisis. 17. Security position of the bank Make an overall review of the security position of the bank within InnoBus. Estimate what the bank will receive after liquidation of the company. 18. Recovery plan Make a recovery plan for the survival of InnoBus for the next two months. Present a (convincing) plan to Mr. de Koning(ceo) which he can use to present to the bank.



Answered Same DayDec 20, 2021

Answer To: Based on the previous assignments you should have a clear understanding of the detailed problem,...

Robert answered on Dec 20 2021
124 Votes
Short Term Measures for Innobus™ Financial Recovery Presented to the CEO (Mr. de Koning)
Innobus has continued to boast on their success to off
er the best and high quality commuter buses in the region. In this journey to offer the best product, the firm has been faced with financial challenges that can be addressed exclusively if the mentioned measures identified by the consulting team can be implemented as soon as possible. This follows an internal and external - Strength, weakness, opportunities, and threat (SWOT) - analysis of the firm.
To start with, the internal organizational framework of the firm has serious issues in respect to a clear chain of command in managerial hierarchy. The standardization of the processes within the firm is also wanting. Secondly, the external framework of the firm has extensive gap holes in regards to public relations and marketing strategies. These inadequacies if resolved soon can mitigate a possible bankruptcy of the firm. The consulting team therefore, recommends the following:
1) Revise and update the job descriptions for the firm managerial positions
2) Create an autonomous marketing agency
3) Immediately join a mutual guarantee institution (MGI)
4) Adopt and apply a model for predicting business failure
5) Pursuance of government-Innobus™ firm partnership that may have the firm secure bailouts
The job descriptions in Innobus™ need to be upgraded to reflect the emerging...
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