We can work on Company Financial Strategy

You are a Management Consultancy practice and have been approached by McTavish and Company
to advise them on future strategy. This should be undertaken by groups of three to five students. Details
of the company with accounts and project profile was enclosed in Teaching Paper Number One.
The Report should seek to address the current trading and financial difficulties faced by the company
and should focus on the following:
 The type and scale of contracts that the company should concentrate on in the future, and also
the geographical scope of the contracts bid for.
 The bidding strategy for contracts, the target profit margin, the method of allocation of overhead
cost.
 The strategy for speculative housing work, the target profit margins, possible land purchases, etc.
 The financial strategy to accomplish the above strategy, the requirements for working capital,
sources of funding and likely costs.
 The management and organizational structure suitable to implement the above, the scope for the
use of consultants rather than employing staff, etc.
The above could take account of the national and local economic environment and be referred to relevant forecasts and projections. The financial implications of the strategy should be taken into account. For example, an aggressive marketing strategy for speculative housing will require expenditure on the advertisement. Equally, a proposal to expand geographically will certainly increase
overhead costs.
Submission
The Business Plan should be submitted in the form of a Technical Report detailing and justifying the chosen strategy. It should include cash flow forecasts, projected profitability, complete with relevant location maps, etc. In addition, the Report should contain a submission for funding to the appropriate bank.
The Report is to be submitted jointly by the group. Each member should append a paragraph outlining
their specific contribution to the group’s work and a summary of what they have learned from
undertaking the project.
A slide presentation for the main findings and recommendations should be included with the report.
This should be submitted by Friday of Week 9 via GCU Learn. A hard copy may also be submitted on
the same day.
Deliverables
The key deliverables are as follows:
1) The type and scale of contracts that the company should concentrate on in the future, and also the
the geographical scope of the contracts bid for.
The report should contain recommendations as to which type of project, client, and procurement route should be encouraged, accepted or avoided. It should also detail the preferred project size and duration and upper and lower limits that are acceptable for each. The preferred geographical scope of the company should be specified.
2) The bidding strategy for contracts, the target profit margin, the method of allocation of overhead cost.
The report should outline the recommended turnover target for contract work. The percentage mark-up
for-profits and for overheads should be specified including the approach to the allocation of overhead costs between projects.
3) The strategy for speculative housing work, the target profit margins, possible land purchases, etc.
The report should outline the recommended turnover target for speculative work. The minimum percentage mark-up for profits and for overheads should be specified including the approach to the allocation of overhead costs between projects. The nature of speculative housing (upmarket or mass market) should be specified. Also, the ideal number of houses built in each phase should be noted. The strategy for the purchase of building land should be outlined. This will not apply if the recommendations of the group are to avoid speculative work.
4) The financial strategy to accomplish the above strategy, the requirements for working capital,
sources of funding and likely costs.
The report should outline the financial strategy to achieve the above. How much money is needed to tide the company over until the cash starts to come through? What loan should be requested and over what period should be repaid? Give an application to a bank for a loan.
5) The management and organizational structure suitable to implement the above, the scope for the use of consultants rather than employing staff, etc.
Identify the organizational structure needed to implement the above. Make recommendations for redundancies and any recruitment. Identify what use, if any, can be made of consultants. The cost of
redundancy payments should be taken into account.
Note:
All elements of the report must be consistent with one another. For example, the number of staff employed (in task 5) will have implications for the company overheads and must be taken account of in tasks 2 and 3. Similarly, the repayments of any loan identified in task 4 must be consistent with the planned profits outlined in tasks 2 and 3.
The final presentation will involve the submission of a printed report listing the main recommendations
giving reasons for each.
The presentation must include either overheads or PowerPoint slides to illustrate the talk.

Sample Solution

On December 20, 1977, under the pressure of steady police reconnaissance and examination, Gacy admits to more than 30 killings and illuminates his legal advisor and companion where the bodies were covered, both in the creep space and the waterway. 26 casualties were found in the slither space and 4 in the waterway. Gacy is captured, indicted for 33 homicides, and condemned to death by deadly infusion. He endeavored a madness supplication however was denied, and was executed on May 10, 1994. There were a few criminological pointers that agents used to attach Gacy to the homicides. A portion of these include fiber investigation, dental and radiology records, utilizing the decay procedure of the human body, and facial remaking in recognizing the people in question. Agents discovered strands that took after human hair in both Gacy’s vehicle and close to the slither space where the bodies were covered. Notwithstanding these hair tests, specialists additionally discovered strands that contained hints of Gacy’s blood and semen in a similar region. Blood having a place with the casualties was found on a portion of the filaments, which would later straightforwardly attach Gacy to the violations. The strands in Gacy’s vehicle were broke down by measurable researchers and coordinated Piest’s hair tests. Besides, the hunt hounds that established that Piest had been in Gacy’s vehicle showed this by a “passing response”, which told specialists that Piest’s dead body had been within Gacy’s vehicle. Out of Gacy’s 33 known casualties, just 25 were ever convincingly recognized. A considerable lot of Gacy’s casualties had comparative physical portrayals and were along these lines hard to recognize by simply asking people in general. To distinguish the people in question, specialists went to Betty Pat Gatliff, a pioneer in scientific science and facial recreation. Facial remaking is the way toward reproducing the facial highlights of a person by utilizing their remaining parts. Certain facial highlights, for example, facial structures, nasal structure, and by and large face shape can be valuable in recognizing a casualty even long in the afterlife. By utilizing these highlights, and with the assistance of program, scientific specialists can make a picture of an individual’s face, which is instrumental in recognizing casualties after their bodies have rotted. Facial recreation should be possible in a few measurements. Two-dimensional facial reproductions is utilized with skull radiographs and depend on pre-demise photos and data. Notwithstanding, this isn’t really perfect in light of the fact that cranial highlights are not constantly obvious or at the correct scale (Downing). So as to get a sensible and increasingly exact delineation of the casualty’s face, a craftsman and a criminological anthropologist are typically vital (Downing). Three-dimensional facial remaking is finished by figures or high goals, three-dimensional pictures. PC programs can make facial reproductions by controlling checked photos of the remaining parts and use approximations to reproduce facial highlights. These will in general produce results that don’t look fake (Reichs and Craig 491). Now and then, examiners will utilize a strategy called superimposition as a system for facial remaking. Sadly, it’s anything but a normally utilized strategy, as it expects examiners to have some information about the character of the remaining parts they are managing. By superimposing a photo of a person over the skeletal remains, agents can check whether the facial highlights line up with the anatomical highlights, permitting them to recognize a casualty. On account of John Wayne Gacy’s casualties, specialists had the option to utilize facial recreation to distinguish nine of the bodies found in the creep space. The accompanying realistic shows the facial reproductions of these nine casualties: Since facial reproduction was insufficient to distinguish the entirety of the people in question, agents acquired DNA profiles from every one of the unidentified casualties and effectively searched out DNA tests from guys over the United States who had been accounted for missing somewhere in the range of 1970 and 1979 (Cook County Sheriff’s Office 3). The rest of the casualties were recognized utilizing dental and radiology records. Since dental lacquer is more enthusiastically than bone, teeth outlive tissue and some of the time bone when the body deteriorates. Teeth are truly dependable in recognizing casualties, as they will in general uncover propensities about the individual, for example, nail gnawing, crushing and weight propensities, lip gnawing, and grasping (Ryan 254). Moreover, the top of the mouth, which frames a curve, is one of a kind to every person fit as a fiddle, size, and form. Teeth additionally have singular attributes that are one of a kind to every individual in that the relationship of teeth to each other fluctuates, alongside size and state of the jaws and sense of taste (Ryan 255). So as to distinguish an individual utilizing dental records, scientific dental specialists must gain the dental records of the person in question or perished. In cases including various passings, criminological dental specialists get a rundown of potential people and afterward contrast records with the teeth (Freeman standard. 2). Much of the time, X-beams are viewed as increasingly dependable and give the best correlations, yet these are not constantly accessible to legal examiners. When the dental records have been obtained, legal specialists at that point take a gander at the individual tooth size, shading, and form, curve sizes and types, and the connection between the jaws, which is utilized to help characterize facial sorts (Ryan 256). In spite of the fact that John Wayne Gacy’s latest casualty was Robert Piest in 1978, agents in Cook County are as yet looking for recognizable proof for the rest of the bodies. The most as of late distinguished casualty, William Bundy, was definitively recognized in 2011. The Cook County Sheriff’s area of expertise reported that year that they were restoring their endeavors to distinguish the staying seven of Gacy’s casualties. Notwithstanding, nobody has since approached to decisively recognize them, and their names stay obscure. John Wayne Gacy was one of America’s most productive sequential executioners. With a casualty include of 33 youngsters in a three-year range of time, Gacy was condemned to death by willful extermination for his wrongdoings. Measurable researchers and specialists had the option to attach Gacy to the homicides by utilizing dental and radiology records, facial remaking, and DNA proof. Without the utilization of measurable innovation and the exertion set forth by the examiners, Gacy would have kept submitting murders and a considerable lot of the casualties would have gone unnoticed. While the case has been cold for a long time, specialists are as yet attempting to distinguish the rest of the casualties so as to give bit of brain to the groups of the perished. John Wayne Gacy has stood out forever for his wrongdoings, yet his casualties will never be overlooked. About Essay Sauce>

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