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Berkshire Hathaway

Essay by   •  November 9, 2012  •  Essay  •  309 Words (2 Pages)  •  1,047 Views

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ICTORIA

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HEMICALS

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ECOMMENDATIONS

Frank Greystock said that, "No one seems satisfied with the analysis so far, but thesuggested changes could kill the project." This sort of criticism shows that the analysis

has obvious flaws and should be re-written. The company needs to agree on such a planbecause it requires a lot of time and money. It is important that the company function asa cohesive unit. Although various departments may not always concur, it is important forthe sake of the company to come to a mutual decision. The organizational structure of thecompany may need to be re-evaluated in order to create efficiency and fewer problemswhen reporting to separate vice presidents.

The company should not tie managers' bonuses with the size of the plant. Instead, they

should create incentives for efficiency, revenue, or turnover. A manager could easilygrow a plant to collect his or her bonus but this may not be best for the company and itslong term success.

V

ICTORIA

C

HEMICALS

:

R

ECOMMENDATIONS

Frank Greystock said that, "No one seems satisfied with the analysis so far, but thesuggested changes could kill the project." This sort of criticism shows that the analysis

has obvious flaws and should be re-written. The company needs to agree on such a planbecause it requires a lot of time and money. It is important that the company function asa cohesive unit. Although various departments may not always concur, it is important forthe sake of the company to come to a mutual decision. The organizational structure of thecompany may need to be re-evaluated in order to create efficiency and fewer problemswhen reporting to separate vice presidents.

The company should not tie managers' bonuses with the size of the plant. Instead, they

should create incentives for efficiency, revenue, or turnover. A manager could easilygrow a plant to collect his or her bonus but this

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