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Summary of Management Opportunities

Summary of Management Opportunities

January 10, 2022 by B3ln4iNmum

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AssignmentTutorOnline

Charles Bwembya

Grand Canyon University: MGT 830

November 2, 2021

Summary of Management Opportunities

The study is based on effectively managing the systems of the organization and the targeted organization is Purple Cloud Company. The mission and vision of Purple cloud are concerned with expanding the size of the organization and also increasing the flow of customers. Moreover, management opportunities that have been given by companies to their employees are developing effective relationships with employees and customers, financial analysis, and making effective marketing consultants. Based on these opportunities management will make real plans to promote the level of the company on a sustained level. Further, with the help of effective and proper strategies under the consideration of potential strategies will expand the size of Purple Cloud, by contrast, “will decrease the challenges, barriers, and other external pressure of competitors”[ CITATION Lam19 l 1033 ].

Mission

As Purple Cloud was a well-reputed company its mission was concerned with expanding the size of the organization on an international level and also increasing the flow of customers with the help of providing effective and promoted services to its customers.

Vision

The Vision of Purple Cloud refers to giving equal rights, opportunities to organizational team members and enhancing the skills of team members with the help of proper planning and strategies. Moreover, the vision of purple Cloud concerns globally expanding the size of the organization, developing strong relationships with employees of the organization, and non-organization.

Strategic Path

The Strategic path aims at bringing the effective and satisfactory system in the organization and also implement operative strategies to regulate functional and operational activities of the targeted organization[ CITATION Pap19 l 1033 ]. But Purple Cloud has been facing many challenges during the period of expansion of the company. In this regard, will suggest potential strategic actions to develop the internal and external system of the organization. Following are strategies that would be adopted by Purple Cloud to remove the barriers of the organization and had led the organization towards success.

  1. Operational strategy

The operational strategy will prove effective for Purple Cloud because the element of operational strategy can remove the barriers of an organization with the help of effective planning and strategies to run the entire operations of the organization. If Purple Cloud would adopt the initiative techniques of operational strategy then its positive impacts will have been seen from the following things:

  • Staff will be trained
  • Expanding the size of the organization globally
  • The efficiency of the organization will also increase
  • Have positive feedback from the finance department
  • The chances of growth will be stronger
  • Attract a large number of customers so they can buy more of company products
  1. Go Global with Qualified Companion

Another effective strategy that will prove productive for Purple Cloud Company is to work with partners and well develop, international organization and also included an entire team of the company under this mission statement. Moreover, international, and skilled personnel team members, partners, and organizations have more experiences, expertise, and stronger background to conduct, transform the current situation of the company towards success and diversification. Thus, the productive parameters of working with talented and expert team members will give a sustainable and satisfactory outlook to Purple Cloud[ CITATION Alf18 l 1033 ]. When they will adopt this strategy following results will appear in companies’ system:

  • Will make a productive theoretical framework for success purposes
  • The team will be effective and risk-taker by minimizing challenges of the company
  • Sale and profit ratios will be an increase
  • The company will make stronger policies to run internal and external affairs
  • Will minimize cyber security and risk issue
  • The production department would be strong and produce effective products
  1. Adopt a Strong Product Approach

One of the most important strategies which would be adopted by Purple Cloud is product strategy as its objective was concerned with expanding the size of the organization and also making effective strategies about product development and diversification. Moreover, when Purple Cloud would make an operative, clear diverse strategy for the product then chances of success will be more by distributing the products of the organization into different regions and states. A strong and effective product strategy can sort out the challenges of the company by increasing the size, customer flow, revenue, profitability, and reputation of the company. The features of strategies are as follows:

  • Positive impact on the software and cyber securities by reducing risks of organizations
  • Would be able to expand the size of company on the international level
  • Product retention, leverage, and product lines would be strong
  • Expand Product line
  • Will make the company stronger from a customer and product diversification perspective

The company needs to be updated

Moreover, the mission, vision, and core values of the organization should be updated. If higher authorities, board of directors with the help of the CEO of Purple Cloud will make an effective system with modern tools and techniques then the chances of success will be more and stronger. Updated systems have given an effective and systematized outlook to companies’ internal and external atmosphere[ CITATION Hoc17 l 1033 ]. Adversely, If Purple Cloud Company will not adopt actual and real tactics of operation then purple Cloud would not achieve the target of the company nor expand, distribute the products of the company into different regions and within the United States.

Additionally, the most important and curial role play by the management of Purple Cloud company to run, operate and formulate entire activities, functions of the company that’s why management, team members of Purple cloud should be skilled, qualified, and highly educated to mitigate with the challenge of company. Management of Purple Company should have effective leadership qualities to give productive and understandable practices, learning skills to sort out the problems of the company, and also motivated team members to perform roles, responsibilities of the organization. Moreover, the above strategies also prove effective for Purple Cloud Company for expansion and success purposes. From the above three action plans Purple Cloud would choose one of them and implement it on the Company for achieving success, product diversification against targeted strategy.

Last Year data Current Year Data
Previous 78,000,000$ 78.0% This Year Revenues: 341,989,000$ 68.1%
Service and Support22, 000,000 22.0% Service and Support 160,243,000 31.9%
Total Net Revenue100, 000,000$ 100.0% Total Net Revenue 502,232,000$ 100.0%
Cost of Net Revenue: 18,000,000 18.0% Cost of Net Revenue: 77,333,000 15.4%
Service and Support7, 000,000 Total Cost of Net Revenue25, 000,000$ 25.0%
Total Cost of Net Revenue 103,113,000$ 20.5%  
Operating costs:  
Sales and Marketing15, 000,000 15.0% Sales and Marketing 65,652,000 13.1%
General and Administrative8, 000,000 8.0% General and Administrative 91,423,000 18.2%
Research and Product Development7, 000,000 7.0% Research and Product Development 14,000,000 2.8%
Amortization of Intangibles3, 250,000 3.3% Amortization of Intangibles 25,075,000 5.0%
Total operating costs33,250,000$ 33.3 Total operating costs33196,150,000$ %39.1%
Operating Profits41,750,000$41.8% Operating Profits 202,969,000$ 40.4%
Depreciation 1,350,000 1.4% Depreciation 1,350,000 0.3%
(EBIT) 40,400,000$ 40.4% (EBIT) 201,619,000$ 40.1
Interest Expense- 7,500,000 0.0%1.5  
Other Income (Loss (EBT)40,400,000$ 40.4%  
Earnings Before Taxes 194,119,000$ 38.7%  
Taxes @ 35%14,140,000 67,941,650 14.1%13.5% Taxes @ 35%14,140,000 67,941,650 14.1%13.5%
Net Income26,260,000$ 126,177,350$ 26.3%25.1 Net Income26,260,000$ 126,177,350$ 26.3%25.1
(Loss)(535,500) (2,356,125) (Loss)(535,500) (2,356,125)
Adjusted Income25,724,500$ 123,821,225$ Adjusted Income25,724,500$ 123,821,225$
Shares Outstanding6,000,000 14,000,000 Shares Outstanding6,000,000 14,000,000  
Earnings Per Share4.38$ 9.01$ Stock Price 71.00$ 245.00$  Earnings Per Share4.38$ 9.01$ Stock Price 71.00$ 245.00$

From the analysis of the above table, it is clear that if management, CEO, and board of directors will make effective plans to regulate the activities of purple cloud then “the chance of growth will be more and satisfactory”[ CITATION Riz20 l 1033 ]. Additionally, it imposes an effective and productive outlook by increasing the net income, profit, and earnings per share of the company. Suggested that Cloud companies should be adopted product strategy and the strategy of Working with experienced persons, the organization in this way would expand the size of the company globally.

References

Alfieri, L., Cohen, S., Galantowicz, J., Schumann, G. J., Trigg, M. A., & Salamon, P. (2018). A global network for operational flood risk reduction. Environmental science & policy, 84, 149-158. Retrieved from https://www.sciencedirect.com/science/article/pii/S1462901117312637

Hochstein, L., & Moser, R. (2017). Ansible Up and Running Automating configuration management and deployment the easy way. O’Reilly Media, Inc, 1-10. Retrieved from https://books.google.com.pk/books?hl=en&lr=&id=h5YtDwAAQBAJ&oi=fnd&pg=PP1&dq=Management+mission+of+Purple+Cloud+Company+The+company+needs+to+be+updated&ots=MKoe5lZQVO&sig=zp78S_SXATR-m4wh3LLl3BVuJUE&redir_esc=y#v=onepage&q&f=false

Lam, C. S., Chandramouli, C. A., & Verma, S. (2019). SGLT‐2 inhibitors in heart failure current management, unmet needs, and therapeutic prospects. Journal of the American Heart Association, 8(20), e013389. Retrieved from https://www.ahajournals.org/doi/full/10.1161/JAHA.119.013389

Papadakis-Vlachopapadopoulos, K., González, R. S., Dechouniotis, D., Ferrer, A. J., & Papavassiliou, S. (2019). Collaborative SLA and reputation-based trust management in cloud federations. Future Generation Computer Systems, 100, 498-512. Retrieved from https://www.sciencedirect.com/science/article/abs/pii/S0167739X18329248

Rizzo, A., Guglieri, G., & Stabile, E. (2020). Cloud-Based UAVs Traffic Management system. 20-29. Retrieved from https://webthesis.biblio.polito.it/7467/1/tesi.pdf

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