W4A - 5 Key Learnings from Quarter 1 The performance for the previous quarters has been a tremendous learning experience The first quarter although

W4A - 5 Key Learnings from Quarter 1 The performance...

This preview shows page 1 - 2 out of 3 pages.

5 Key Learnings from Quarter1.The performance for the previous quarters has been a tremendous learning experience. The first quarter, although there was historical data to reference, it was more of a trial and error to determine how much spending and budget allocation exercises.2.The marketing and industry reports have been quite informative, giving keyinsights into what areas of focus the key players in the industry are focusing on. 3.Going over the credit line really set back Hisco in its marketing efforts,which was a key area of focus as determined in the SWOT analysis. 4.And while this was a new learning experience, the various reports and resources have been quite useful, including the Role-Play option. 5.Despite some setbacks, I do feel like I have learned a great deal in how to manage a company from all aspects of the operation.Pre-tax NI Walk: Plan to ActualFor the pre-tax NI Walk, the plan was positive with $298.5K along with the growth at $546.8K. Those positive results coincide with the actual results at $336.4K. As previously mentioned, the spend in marketing and advertising are much lower than initially planned and Hisco has not been able to promote it’s product and company to the health industry in a way to become that market leader. Subsequently, the market share was down $432.1K. As a way to keep customers happy, the price change stayed at $0 and the variable cost inflation was up to $91.5K which is also a positive sign for the organization. Areas within the pre-tax NI walk that has room for improvement are the variable cost productivity (-$126.8K), base cost (-$34.8K), and interest (-$6.7K). Cash Flow Work for this QuarterAs a new manager of Hisco corporation, the spending at the beginning of the yearwas a little too aggressive. The beginning quarter cash/debt was at an astounding $-524.9K. Because of that high initial spend, the following quarters

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture