Control

Case Solution for Risk Control Strategies: Human Resource Challenges

Complete Case details are given below :
Case Name :      Risk Control Strategies: Human Resource Challenges
Authors :           Nida Mahmud, Shafiq-Ur Rehman, Usama Habib, Zunaira Saqib
Source :             Ivey Publishing
Case ID :            W14572
Discipline :        Organizational Behavior
Case Length :    06 pages
Solution Sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
In late 2005, Risk Control Strategies, a canine training security company in Islamabad, Pakistan was formed. To ensure that the company was a class apart in security provision, the company founder designed an induction procedure based on employee referrals followed by a thorough two-month training program that encompassed both pure theory and practical dog-handling sessions. The extensive training increased employees’ market value, and they often left for higher salaries in other companies, without considering the added compensations Risk Control Strategies offered, such as medical benefits, free accommodation and basic health and education coverage for their families. The hiring process also contributed to the turnover; many of the friends and relatives who were given references by current employees came from villages and often returned to help their families with harvests. The founder needed to address the problem of employee retention before considering the future expansion of the company.
 
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Case Solution for Modern Agricultural Farm: Budgeting for Control

Complete Case details are given below :
Case Name :      Modern Agricultural Farm: Budgeting for Control
Authors :           Muntazar B. Ahmed
Source :             Ivey Publishing
Case ID :            W13556
Discipline :        Operations Management
Case Length :    08 pages
Solution Sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
In May 2011, the managing partner of the Modern Agricultural Farm in rural Pakistan was reviewing the set of performance reports for the previous month sent by the farm accountant. These reports had been designed by a management analysis and research consultant to convert the farm system to that used by the head office of the Alamgir Group of businesses, of which the farm was a part. There were two concerns: how to handle the fluctuations in the farm’s monthly cash flow and how to plan the right combination of plantings and crops to ensure a profit. A computer-based accounting software program had been purchased to help expedite accounting and reporting, and an annual master budget plan had been established to control operations. Given the special risks faced in agriculture where the portfolio of crops was dependent on uncontrollable factors, such as the weather, the managing director wondered how he could develop a workable budget for the coming year.
 
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