Plan of Action

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1. Organize the senior staff to discuss the company's predicament.

2. In a time of urgency, make use of the knowledge at hand to quickly and


effectively address the core issue.
3. Scrutinize your financial resources and classify expenditures that will not
add to the current financial distress.
4. Create a team to conduct a brief survey on each individual's
performance.
5. Examine the financial and operational results.
6. Redesign the delegating system, eliminate redundant departments, and
terminate underperforming and ineffective employees. By doing this, you
can improve the performance of the drivers.
7. Determine the efficacy of the new implementations.
8. To prevent the same challenges in the future or late judgements of
financial distress, collect all the past and future data for early warning or
safety measures, or create an immediate plan or immediate solution.
Persons responsible/
Strategy Detailed Activities output
Time allotted
- Run a survey with the Dan – first day The CEO has
CEO's approval. approved and signed
the survey questions.

Identify the Dan-second day Total list of


respondents. Respondents

Online poll/survey to Dan, staffs and Accomplished survey


be disseminate to the respondents –third day
target respondents.

Collect, tabulate, and Dan – fourth day Report on the


evaluate the overall survey's overall
result findings

To respond to CEO's Dan and the CEO –fifth Ideas and possible
questions. day recommendations on
the situation of the
company that must
be addressed

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