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PROBLEM SOLUTION: INTERSECT INVESTMENT COMPANY. Situation Analysis and Problem
Statement The 9-Step process is used to assess a situation ...
... Problem Solution: Intersect Investment Services Intersect Investment Services
experienced ... have struggled over the years to the meet company goals and ...
... Problem Solution: Intersect Investment Services ... ability to provide a complete solution
to each ... major change within a company, Intersect Investment Services has ...
... The leaders at Intersect Investment Services must find a mechanism to ... of different
solutions and is a problem statement, not a solution statement, that ...
... Problem Solution: Intersect Investments The financial services industry has not
been the ... Intersect Investment, a financial services company, has been ...
Submitted by alibakri on October 22, 2007
Category: Business
Words: 3491 | Pages: 14
Views: 633
Popularity Rank: 11,895
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Situation Analysis and Problem Statement
The 9-Step process is used to assess a situation and provide possible solutions. The process includes a risk and benefit assessment for planning purposes. This paper will focus on all 9 steps of the process. Step 1 is to look at the situation and properly identify the situation. Step two is to write a problem statement, a concise, 25 words or less statement of a specific issue to be addressed. The third step is the end-state goals. The end-state goals are used as a measuring tool to determine if the process was successful. Steps 4, 5, and 6 look at the alternative solutions proposed. This gives the solutions and then identifies the risk assessments for each. Step 7 is where the optimal solution is narrowed down. Step 8 gives implementation data and 9 ways to have a measurement of success or failure.
In this situational analysis we are reviewing a company, Intersect Investment Company. This company is representative of many small money management firms in the United States. It is important to look at the history of the company to make an informed, educated analysis of the situation. . In the article “Corporate transformation without a crisis,” Day and Jung list these three questions; why does this company need this? Where is this company heading? How is the company going to reach its goal(s)? (Day and Jung. 2000)
Situation Background (Step 1)
Why does this company need this? Intersect Investment Company admits the financial services industry has been in a constant state of flux, never certain, always chaotic. The volatile climate has left many financial firms struggling to keep both their clients’ trust and Wall Street’s credibility.
Where is the company heading? To succeed, investment companies need to offer an ever-expanding array of up-to-the-minute products coupled with expert advice. In the past four years, Intersect Investment Services has at times barely managed to survive, but...
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