Case Study

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Scenario

As a director of leadership and learning, you collaborate with many different employees throughout the prosthetics manufacturing organization you work for. You were recently contacted by Eduardo, who was promoted from an individual contributor to a manager four months ago. Eduardo is seeking your advice on developing his leadership style after receiving his first quarterly review from his supervisor.

The following are the key takeaways from your conversation with Eduardo:

“I’ve been told that I am extremely intelligent and typically get to solutions before others. However, this can lead me toward moving too quickly to implementing a solution when the organization is two steps behind. I was cautioned that this can create a disconnect with my team. I’m told to focus on working alongside my team to better empower them. However, I get frustrated with the lack of responsiveness from the organization and my team. My supervisor says this can create insecurity and frustration, with people feeling they cannot live up to my expectations.”

After your meeting with Eduardo, you follow up with his supervisor to gain additional insight. This was their feedback:

“Eduardo does not leverage his team to create the desired vision. Because he is intelligent and gets to answers faster than most, he loses patience and decides to do all the work himself. By doing so, he misses out on the input of others and fails to garner support for the vision. When he becomes quickly entrenched in his position, he often ignores valid input and alternative points of view.”

“Eduardo thinks he knows best and hence may not always listen to others. Nor does he inspire confidence in his team. As a result, his ‘professional arrogance’ creates more of a dictatorial leadership style, which in turn produces adversarial relationships internally (Eduardo versus everyone). I am concerned that over time this outcome will also spread to external partners. In the end, we will continue to lose talent, which will eventually impact business performance.”

Since the vice president of leadership and learning has asked you to create an adaptive leadership toolkit, these conversations are extremely valuable because they provide specific insight into areas of leadership that can be improved across the organization. Some of the strategies that you recommend for Eduardo’s situation can be used to help inform the improvement of leadership skills throughout the prosthetics manufacturing organization.

Prompt

Given the case as described, provide an analysis of Eduardo’s situation as it currently exists and recommend steps he can take to help transform his leadership style.

Specifically, you must address the following rubric criteria:

  1. Define the following leadership skills and explain why Eduardo should focus on developing each of these:
    • Strategic thinking
    • Emotional intelligence
    • Communication skills
  2. Describe two actionable steps Eduardo should take towards developing these leadership skills and explain how each step might help improve his situation.
  3. Explain how Eduardo can utilize the flywheel effect to transform his leadership style and identify the tasks he should perform to promote gradual improvement that provides tangible evidence his strategy is yielding results. Support your response.

Guidelines for Submission

Submit a Word document using double spacing, 12-point Times New Roman font, and one-inch margins. This assignment must be 2 to 4 pages in length and include references cited in APA format. Consult the Shapiro Library APA Style Guide for more information on citations.

 
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Financial Decision Making _ Project 1

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Supply and Demand Graph

Future Supply and Demand for Crude Oil
Price per barrel (2208) Daily US demand for crude oil (in millions of barrels per day) Daily US supply of crude oil (in millions of barrels per day)
$25.00 1.0 0.5
$30.00 0.9 0.6
$35.00 0.8 0.7
$40.00 0.7 0.8
$45.00 0.6 0.9
$50.00 0.5 1.0
$55.00 0.4 1.1
Data from https://www.iea.org
Question 1:
Equilibrium:
Question 2
Question 3
Question 4
Question 5

Show your work below.

Oil Supply and Demand

Daily US demand for crude oil (in millions of barrels per day) 1 0.9 0.8 0.7 0.6 0.5 0.4 0 25 30 35 40 45 50 55 Daily US supply of crude oil (in millions of barrels per day) 0.5 0.6 0.7 0.8 0.9 1 1.1000000000000001 0 25 30 35 40 45 50 55

 

 

 

 

Oil Supply and Demand

#REF! 0 0 0 0 0 0 0 0 0 0 0 0 0 0 #REF! 0 0 0 0 0 0 0 0 0 0 0 0 0 0

 

 

 

 

To complete this project step, address the following: 1. Based on the information provided from the International Energy Agency (IEA) in the table on the left, examine the supply and demand graph in the space below. This information is helpful for our client ExxonMobil to know how much oil to produce. The graph shows crude oil prices per barrel and the supply and demand for the number of barrels in the united States per day. After you have examined the graph below, identify the price and quantity and price at which equilibrium exists. This information is important for the client to determine the quantity of oil to produce for profit maximization. 2. The global demand for oil changes with the changes in global economies. As economic activity increases, the global demand for oil increases. For the past several years, the global demand for oil has increased (https://www.iea.org/oilmarketreport/omrpublic/). As the global demand changes, we can observe this change graphically. What changes are expected in the short-term? To answer this question, please see https://www.eia.gov/outlooks/steo/. Support your statements with research and references. 3. What are potential supply and demand risks in the global oil market? Support your statements with research and references. 4. Is the global oil and gas market in a monopoly, oligopoly, or competitive economic model? Why? Support your statements with research and references. Answer in the space below. Be as descriptive as possible and credit any sources you use.

Show your work below.

Show your work below.

To complete this project step, address the following: 1. Based on the information provided from the International Energy Agency (IEA) in the table on the left, examine the supply and demand graph in the space below. This information is helpful for our client ExxonMobil to know how much oil to produce. The graph shows crude oil prices per barrel and the supply and demand for the number of barrels in the united States per day. After you have examined the graph below, identify the price and quantity and price at which equilibrium exists. This information is important for the client to determine the quantity of oil to produce for profit maximization. 2. The global demand for oil changes with the changes in global economies. As economic activity increases, the global demand for oil increases. For the past several years, the global demand for oil has increased (https://www.iea.org/oilmarketreport/omrpublic/). As the global demand changes, we can observe this change graphically. What changes are expected in the short-term? To answer this question, please see https://www.eia.gov/outlooks/steo/. Support your statements with research and references. 3. What are potential supply and demand risks in the global oil market? Support your statements with research and references. 4. Is the global oil and gas market in a monopoly, oligopoly, or competitive economic model? Why? Support your statements with research and references. 5. To what extent do you think that the current Covid-19 pandemic crisis will impact the global oil market in the long run and more specifically are there implication for Exxon Oil? Be as descriptive as possible and credit any sources you use.

Show your work below.

Profit Maximization

Profit Maximization
Base price of unleaded regular delivered in New York harbor (January 27, 2020) $1.517
Added cost to Cal:
Maryland state gasoline tax (Effective July 1, 2018) $0.353
Federal gasoline tax $0.184
Distribution & Delivery $0.042
Advertising and Marketing to ExxonMobil $0.042
Additives $0.020
Total additions $0.641
Total cost per gallon $2.158
Answer question 1 below.
Quantity Price
4000 2.658
3600 2.758
Average Average
% change % change Elasticity of Demand
Elasticity:
By how much did revenues increase or decrease as a result of the change in price?
By how much did profits increase or decline?
Gallons sold per day Price Revenue (price x gallons) Cost per Gallon Variable Cost (cost per unit x volume) Fixed cost per day Total Cost (Fixed + Variable) Daily Profit (revenue – all costs)
4000 $ 2.658 $ 10,632.00 $ 2.158 $ 8,632.00 $ 438.00 $ 9,070.00 $ 1,562.00
3600
Answer question 2 below.
Quantity Price
3600 2.758
4400 2.558
Average Average
% change % change Elasticity of Demand
Elasticity:
By how much did revenues increase or decrease as a result of the change in price?
By how much did profits increase or decline?
Gallons sold per day Price Revenue (price x gallons) Cost per Gallon Variable Cost (cost per unit x volume) Fixed cost per day Total Cost (Fixed + Variable) Daily Profit (revenue – all costs)
3600
4400
Answer question 3 below.
Quantity Price
4400 2.558
4800 2.458
Average Average
% change % change Elasticity of Demand
Elasticity:
By how much did revenues increase or decrease as a result of the change in price?
By how much did profits increase or decline?
Gallons sold per day Price Revenue (price x gallons) Cost per Gallon Variable Cost (cost per unit x volume) Fixed cost per day Total Cost (Fixed + Variable) Daily Profit (revenue – all costs)
4400
4800
Profit Maximization
Gallons sold per day Price Revenue (price x gallons) Cost per Gallon Variable Cost (cost per unit x volume) Fixed cost per day Total Cost (Fixed + Variable) Daily Profit (revenue – all costs)
2400 $ 3.058 $ 7,339.20 $ 2.158 $ 5,179.20 $ 438.00 $ 5,617.20 $ 1,722.00
2800 $ 2.958
3000 $ 2.908
3200 $ 2.858
3600 $ 2.758
4000 $ 2.658
4400 $ 2.558
4800 $ 2.458
5200 $ 2.358
5600 $ 2.258
6000 $ 2.158
6400 $ 2.058
6800 $ 1.958
7200 $ 1.858
7600 $ 1.758
8000 $ 1.658
8400 $ 1.558
8800 $ 1.458
9200 $ 1.358
Answer question 5 below.
Marginal Revenue Marginal Cost
Gallons sold per day Price Revenue (price x gallons) Marginal revenue Cost per gallon Variable Cost Fixed Cost Total Cost Marginal Cost
2800.0 $ 2.958000 $8,282.40 $2.158 $6,042.40 $438.00 $6,480.40
2800.1 $ 2.957975 $8,282.63 $0.2258 $2.158 $6,042.62 $438.00 $6,480.62 $0.2158
3000.0 $ 2.908000
3000.1 $ 2.907975
3200.0
3200.1
3600.0
3600.1
4000.0
4000.1
4400.0
4400.1
4800.0
4800.1
5200.0
5200.1
5600.0
5600.1
Select One
Price Elastic
Price Inelastic
Unit Price Elastic

Cal Overhaut operates an ExxonMobil gas station franchise in Fitzhugh, MD. The price of gasoline is volatile and varies greatly from day to day. The price per gallon varies based on the seasonal blend of gasoline, which is determined by clean-air requirements. Cal’s pricing options are based on the desired profit margin. Conventional Gasoline Regular Spot Prices can be found at https://www.eia.gov/dnav/pet/hist/EER_EPMRU_PF4_Y35NY_DPGD.htm. Cal recently raised the price of regular gas by 1 cent per gallon from $2.658 to $2.758, and his revenue decreased and profit increased. Cal would like you to explain why that happened. Cal competes with another gas station across the street that typically sells regular gas for 2 to 3 cents per gallon less than his station. They are currently selling gasoline for $2.458 per gallon. Recently, regular gasoline for delivery in New York harbor sold for $1.517 per gallon. Cal tells you that his gas station has fixed operating costs of about $438 per day. To the right are the components that determine the cost of a gallon of regular gasoline to Cal’s business. Answer the seven questions below. You are required to use Excel for all calculations.

1. Last week, Cal sold an average of 4,000 gallons per day at an average price of $2.658 per gallon. This week, he raised the average price to $2.758 per gallon, and both revenues and profits dropped. His station is now selling an average of 3,600 gallons per day. Fixed costs of operating the gas station are $438 per day. What is the price elasticity of demand? Can the demand be characterized as price elastic, price inelastic, or neither? By how much did revenues increase or decrease as a result of the change in price? By how much did profits increase or decline? (Profit is revenue minus total cost.)

6. Next calculate marginal revenue, knowing that it is the difference between the revenue at the price shown and the revenue at 1/400 of a cent less. Calculate 1/400 of a cent as well as the new price. Calculate the marginal cost of selling zero point one (0.1) more gallon at each price. Prove that MC = $0.2158 Complete the table to the right.

7. What advice can you give to Cal on setting prices to maximize profit?

2. After seeing your analysis, Cal decides to lower the price of gas from $2.758 to $2.558 per gallon. After this change, the volume sold increased to 4,400 gallons per day. He asks you to measure his business gains or losses as a result of this price change. Fixed costs are $438 per day. What is the price elasticity of demand? Can the demand be characterized as price elastic, price inelastic, or neither? By how much did revenues increase or decrease as a result of the change in price? By how much did profits increase or decline? (Profit is revenue minus total cost.)

3. After seeing the result (from question 2), Cal decides to lower his price once again from $2.558 to $2.458 per gallon. Once again, volume sold increases and settles at 4,800 gallons per day. He is worried that any further price cut will cause the discount station across the street to also lower it price. What is the price elasticity of demand? Can the demand be characterized as price elastic, price inelastic, or neither? By how much did revenues increase or decrease as a result of the change in price? By how much did profits increase or decline? (Profit is revenue minus total cost.)

4. Cal’s son is studying in the MBA program at UMUC. He tells his father that profit maximization occurs when marginal cost (MC) = marginal revenue (MR). Cal understands that his marginal cost is the same as his variable cost, or $2.158 per gallon. Technically, marginal cost is the added cost from selling one more gallon. Cal asks you for a chart to show how profits vary with sales volume, assuming that he sells an additional 400 gallons for each 10 cent decrease in price. Also, he wants to know by how much he can lower his price without losing money. Given that you know the price and quantity of gallons sold so far, and that Cal’s cost per gallon is $2.158 per gallon and his fixed cost is $438 per day, complete the table to the right.

5. Once you calculate total profit, what is the profit maximizing price?

 
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Analyze the risks of the program from the following points of view:

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Analyze the risks of the program from the following points of view:

1. Toro

2. The insurance company

3. The consumers

Write a 4–6 page analysis paper that addresses the following:

1. Why did the insurance company raise the rates so much? How would you estimate a fair insurance rate?

2. From the perspective of the consumer, how were the paybacks structured and how might they be restructured to entice you at an equal or lower cost of insurance? How does the program influence your decision to purchase?

3. What are the common decision traps which each group in point (2) is susceptible to? Develop a matrix or decision tree in order to compare the groups. How does the program impact the consumer’s “regret”? (Hint: Map the possible outcomes for the consumer)

4. From either Toro’s or the insurance company’s perspective, how would you frame your argument to achieve your desired objective?

5. Was the program successful? Why or why not?

6. If you were Dick Pollick, would you repeat the program? Assume you manage the S’No Risk program and argue your case. To what biases are you susceptible in this case?

Submit your analysis paper in Word format. Apply APA standards to citation of source

 
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Strategic Decision

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Instructions

In order to accomplish this assignment, learners should conduct research on the models and build the PowerPoint based on that research (properly referencing) credible sources.  The Executive Summary is a formal written document from you, the VP of Strategy to the CEO and Board Chair giving background, your research, and recommendations based on their request.  The Community Newsletter is based on how you might market to the communities you recommend targeting.

Purpose of Assignment:  As an executive or future executive you may be tapped to work on issues related to strategic projects.  Strategic projects take on many but usually begin with an investigation of potential benefits and return on investment for the organization.  This assignment will help you with those skills by having you investigate, analyze options, and put forth recommendations for the Chief Executive Officer (CEO) and/or Board of Directors to consider.

Scenario: You were recently hired as Vice-President of Strategy at the California Sun healthcare system with revenues in excess of $2 billion dollars.  Your organization is an 8 hospital system in a geographically clustered urban Southern California county and includes 3 primary care centers, 2 ambulatory surgical centers, 1 post-acute long-term care center, and 2 nursing homes.  Increasing pressure for quality as well as revenue are the origins for your role (to lead strategy and marketing) as the organization seeks to diversity and manage risk for patients.  Your CEO and Board Chair heard about the Patient Centered Medical Home (PCMH) model through National Committee for Quality Assurance (NCQA) and the Next Generation Accountable Care Organization (ACO) model a Center for Medicare and Medicaid Services (CMS) initiative.  Your task as the new VP of Strategy is to research the efficacy of these models, prepare a 1 page Executive Summary, PowerPoint Presentation (with narrative in the notes section) to the Governing Board and a Community Newsletter for your selected model recommendation.

Instructions: In order to accomplish this assignment, learners should conduct research on the models and build the PowerPoint based on that research (properly referencing) credible sources.  The Executive Summary is a formal written document from you, the VP of Strategy to the CEO and Board Chair giving background, your research, and recommendations based on their request.  The Community Newsletter is based on how you might market to the communities you recommend targeting.

PowerPoint (template provided): Must be no more than 20 slides and address the following for both PCMH and Next Gen ACO:

  • Background
  • Advantages and Disadvantages
  • SWOT Analysis
  • Approaches to quality care, population health management, and financial reimbursement
  • Chosen Recommendation & why
  • 5-7 step roll-out timeline for your recommendation

Your presentation narrative for each slide should be written in the notes section for each slide – just as you would present the slideshow.  Include any sources for your slides in the notes section.

Executive Summary (template provided): The executive summary should be a concisely written formal narrative indicating the background, review process, and recommendation for the selected model.  No more than 1 page long, single-spaced.

Community Newsletter (template provided): The flyer should be an advertisement for the community (written at that reading level) that details the selected new model, benefits, and what the community should expect during and after the rollout.

*You may change the colors (but not the template itself) as long as you cover the required areas.  You also may add additional information as desired.

Reference Material: Outside of the 2 websites (NCQA & CMS) included below, sources should only come from your textbook and peer-reviewed sources.  Peer-reviewed sources are mainly journals.  No other websites or books are permitted in this assignment as all information presented mus be credible.  Many website sources cannot be verified as credible.  There is plenty out there in peer-reviewed journals about these topics.

Sources cited should be in APA 7th edition format.  For the flyer, list sources in a separate document and for the PowerPoint, you may add an additional slide labeled “References.”  That slide will not count toward nor against the maximum limit.

Strategic Decisions Assignment

 

Purpose of Assignment : As an executive or future executive you may be tapped to work on issues related to strategic projects. Strategic projects take on many but usually begin with an investigation of potential benefits and return on investment for the organizati9on. This assignment will help you with those skills by having you investigate, analyze options, and put forth recommendations for the Chief Executive Officer )CEO) and/or Board of Directors to consider.

Scenario : You were recently hired as Vice-President of Strategy at the California Sun healthcare system with revenues in excess of $2 billion dollars. Your organization is an 8 hospital system in a geographically clustered urban Southern California county and includes 3 primary care centers, 2 ambulatory surgical centers, 1 post-acute long-term care center, and 2 nursing homes. Increasing pressure for quality as well as revenue are the origins for your role (to lead strategy and marketing) as the organization seeks to diversity and manage risk for patients. Your CEO and Board Chair heard about the Patient Centered Medical Home (PCMH) model through National Committee for Quality Assurance (NCQA) and the Next Generation Accountable Care Organization (ACO) model a Center for Medicare and Medicaid Services (CMS) initiative. Your task as the new VP of Strategy is to research the efficacy of these models, prepare a 1 page Executive Summary, PowerPoint Presentation (with narrative in the notes section) to the Governing Board and a Community Newsletter for your recommendation.

Instructions : In order to accomplish this assignment, learners should conduct research on the models and build the PowerPoint based on that research (properly referencing) credible sources. The Executive Summary is a formal written document from you, the VP of Strategy to the CEO and Board Chair giving background, your research, and recommendations based on their request. The Community Newsletter is based on how you might market to the communities you recommend targeting.

PowerPoint (template provided) : Must be no more than 20 slides and address the following for both PCMH and Next Gen ACO:

· Background

· Advantages and Disadvantages

· SWOT Analysis

· Approaches to quality care, population health management, and financial reimbursement

· Chosen Recommendation & why

· 5-7 step roll-out timeline for your recommendation

Your presentation narrative for each slide should be written in the notes section for each slide – just as you would present the slideshow. Include any sources for your slides in the notes section.

Executive Summary (template provided) : The executive summary should be a concisely written formal narrative indicating the background, review process, and recommendation for a model. No more than 1 page long, single-spaced.

Community Newsletter (template provided) : The flyer should be an advertisement for the community (written at that reading level) that details the new model, benefits, and what the community should expect during and after the rollout.

*You may change the colors (but not the template itself) as long as you cover the required areas. You also may add additional information as desired.

Reference Material : Outside of the 2 websites (NCQA & CMS) included below, sources should only come from your textbook and peer-reviewed sources. Peer-reviewed sources are mainly journals. No other websites or books are permitted in this assignment as all information presented mus be credible. Many website sources cannot be verified as credible. There is plenty out there in peer-reviewed journals about these topics.

Sources cited should be in APA 7th edition format. For the flyer, list sources in a separate document and for the PowerPoint, you may add an additional slide labeled “References.” That slide will not count toward nor against the maximum limit.

Major Websites :

NCQA PCMH

https://www.ncqa.org/programs/health-care-providers-practices/patient-centered-medical-home-pcmh/

CMS Next Generation ACO

https://innovation.cms.gov/innovation-models/next-generation-aco-model

Templates for Assignment :

 

Submission Link : All parts of the assignment must be uploaded at the same time.

 
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