Professional Documents
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Running Head: Case Study
Running Head: Case Study
Taneisha Coleman
Indiana Tech
Mr. Etzler
Situation Analysis
Ricardo is an associate financial analyst in a large financial consulting firm and is seeking a
leadership role. Due to his detailed knowledge about the proposed model, Ricardo would make a
great choice for leader. He does a good job guiding and motivating his team, but he gets nervous
speaking in public or formal situations. In recent years the firm has remained stable but with the
change in the economy the company need to develop new and innovative solutions to survive.
The firm has decided to launch a company wide competition and the two finalists will present the
idea to the CEO who will decide on the winner. The winning team will receive prestige and a
substantial cash prize. This is an opportunity for Ricardo to show he is the man for the job.
Ricardo shows potential for becoming the winner in this competition and has been working
tirelessly along with his team to come up with new ideas. He has a strong background in math
and finance which is needed to create a comprehensive and complex algorithm that is effective in
predicting risk. The assumption that Ricardo will be moved into a position of leadership if he
wins the competition is not a stretch. The case study basically indicates that this competition will
Ricardo gets nervous in front of crowds; he stumbles over his words when addressing people in
formal settings. The winner will have to verbally present the new idea to the CEO of the
company. If he does not present the idea in a clear and intelligent manner his knowledge of
Develop alternatives
The best alternatives for Ricardo would be deliberate practice. The five steps would be the
following:
2. As you are performing, focus on what is happening and why you are doing things the
3. Once your task is finished, seek performance feedback from expert sources, the better.
4. Build mental models of your job, your situation, and your organization.
Evaluation of alternatives
Some of the ways Ricardo can deliberately practice include the following:
1. Dedicate time
3. Seek feedback
4. Incorporate feedback
5. Training
Implementation
Case Study 4
Ricardo is struggling with clarifying his goals and creating an action plan and understanding the
process (declarative knowledge). As his manager I would hep him develop a strategic
development plan to increase his chances of success. He has shown a desire and commitment to
achieving excellence (motivation), and he has the cognitive skills to excel (procedural
knowledge) and needs to put in extensive hours of deliberate practice. I would encourage him to
take advantage of every opportunity to practice in private and public forums for example at home
in front of the mirror or with his team and friends. He should inform his team and friends of his
After receiving the feedback whether its positive or negative he should use it to enhance and
improve his strategies for his performance. Ricardo should also pursue formal training in
presentation and public speaking skills using the company’s resources if available. If not, he can
check online, local, or community development and education programs. This process should be
continuous; practicing presentation skills and working in formal environments to improve his
skills.
Case Study 5
References
Aguinis, H. (2013). Performance management (3rd ed). Upper Saddle River, NJ: Pearson.