Gap analysis and benchmarking for anthonys orchard

Assignment Help Financial Management
Reference no: EM13508353

Gap Analysis and Benchmarking for Anthony's Orchard

In the media piece for this unit, Anthony's Orchard Director of Operations Allison Sinclair expressed concern over the lack of successful efforts to measure organisational quality. Recall the following quote from her discussion of this issue:

As a family-owned business with a history of success, it is easy to fall into the trap of believing that we do things properly almost by default-the 'we've always done it this way' and 'if it ain't broke don't fix it' arguments. The danger with that line of thinking is what if it is broken? What if the way we've always done things is good but ignores some best practises that could lead to even better performance?

We are now at a point where we are ready to commit to a strategy of continuous improvement and quality management. This is a big step forward for us. But taking the next step is not so easy. Developing and implementing a process is new to us and will require careful analysis. In short, we know where we would like to be but are unsure how best to get there.

In this Individual Assignment, you will suggest an approach to address these concerns. You will propose strategies the company could implement to move from its current status towards its goals for 2015 using the processes of gap analysis and benchmarking.

To prepare for this assignment:

Review the media in the unit resources.

To complete this assignment:

1. Conduct a gap analysis for Anthony's Orchard. This should include:

- A statement of where the organisation wishes to be by 2015 (use financial data for this, such as targeted revenues and/or profit)

- A comparison of the current financial state of the organisation and the desired state by the end of fiscal year 2015

- Your suggestion for ways the company can bridge the gap identified in your comparison above

Devise a benchmarking review for Anthony's Orchard. To do this, discuss recommended strategies and measures that will be useful to measure progress towards the objective in your gap analysis.

Verified Expert

Reference no: EM13508353

Questions Cloud

Find the instantaneous acceleration of the puck : Two hockey players strike a puck of mass 0.169 kg with their sticks simultaneously, exerting forces of 1.25 103 N, directed west, and 9.80 102 N, Find the instantaneous acceleration of the puck
What is length of the output coil : A machine that makes transformers can only wind the coils with a single specific number density. what is length of the output coil
Find the total speed of the ball when it hits the ground : you throw the 5-kg ball from theheight of 5m with a speed of 10m/s, at an angle of 30 degress with respect to the horizontal, find the total speed of the ball when it hits the ground
What potential difference is induced between plane wingtips : A Boeing 777-200 airliner with a wingspan of 64.0 m is flying perpendicular to the Earth's magnetic field at its cruising speed of 250 m/s. What potential difference is induced between the plane's wingtips
Gap analysis and benchmarking for anthonys orchard : Gap Analysis and Benchmarking for Anthonys Orchard - Conduct a gap analysis for Anthonys Orchard and a statement of where the organisation wishes to be by 2015 (use financial data for this, such as targeted revenues and/or profit)
What are its period and amplitude : A mass on a spring bobs up and down over a distance of 29 cm from the top to the bottom of its path four times each second. What are its period and amplitude
Assume the independent cases that follow : Southlake Corporation issued $900,000 of 8% bonds on March 1, 20X1. The bonds pay interest on March 1 and September 1 and mature in 10 years. Assume the independent cases that follow.
How much work does the engine perform each minute : An engine takes in 8000 cal of heat and exhausts 4000 cal of heat each minute it is running. How much work does the engine perform each minute
Determine the total cost for each of the following : Assume that Suzie Whitson has decided to begin production of her outdoor children s toy. Her company is Jiffy Jet and costs for last month follow.

Reviews

Write a Review

Financial Management Questions & Answers

  What are the components of gross national product gnp how

what are the components of gross national product gnp? how does it understate aggregate production in third world

  Cumulative nonvoting preferred stock

what if in L receives $220 worth of P non-voting preferred stock (rather than P bonds) in exchange for his T bonds?

  As the cfo of the firm management turns to your leadership

as the cfo of the firm management turns to your leadership on strategic financial issues. specifically1 what should the

  What is a sensitivity analysis how would you use it in

what is a sensitivity analysis? how would you use it in planning for future expansions? what role does this kind of

  Find problems inherent in simpsons wacc calculation

Find problems inherent in Simpsons WACC calculation and what can you suggest to solve problems found - Simpson used the CAPM to estimate the cost of common stock.

  Explain a discounted cash-flow analysis

The salvage value at the end of the 10 years is expected to be $1,500,000, which is solely the value of the land. The firm's tax rate is 40 percent, and the firm's discount rate is 15 percent. Based on a discounted cash-flow analysis, should the in..

  Question 1 the following are the financial statements for

question 1 the following are the financial statements for hugo boss group for the financial years ending 2012 and

  Security a has a beta of 10 and an expected return of 12

security a has a beta of 1.0 and an expected return of 12. security b has a beta of 0.75 and an expected return of 11.

  Describe statistical data on participation rates

Describe statistical data on participation rates, education and employment and income levels of individuals with disabilities

  Estimate the cost of capital for gci

You used Dell as a representative company to estimate the cost of capital for GCI. What are some of the potential problems with this approach in this situation? What improvements might you suggest?

  Calculate the total return and not worry about how

Suppose that a security costs $1,500 today. a Calculate the percentage return on the security if the payoff to the security in one year is $1,000, $1,500, $2,000, or $2,500.

  A central issue for its senior managers

The strategic positioning of your chosen organisation is a central issue for its senior managers. As you know from your readings, strategic positioning has two important themes: strategic potential and organisational ambitions (page 46 of your text -..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd