Produce a report on the case study Essay Example | Topics and Well Written Essays - 3000 words

Produce a report on the case study - Essay Example Most commonly, the above effort is delayed because of the market pressures and the appearance of problems in the internal organizational environment. Therefore, in order for a firm to secure its position in its industry it is necessary to ensure that its strategies are appropriately aligned to the market needs and that conflicts in its internal are effectively controlled. Current paper focuses on the examination of the organizational problems of Fishery Products International (FPI), a key competitor in the global fishery industry. The changes that the firm had to promote, mostly because of its transformation in 1087, from a public-sector firm to a firm of the private sector, have negatively affected its performance. Of course, the high level of the firm’s profitability, especially compared to its rivals, cannot be denied. However, it seems that the transition of the firm from the public sector to the private sector has been problematic, even if the problem was not revealed imm ediately, i.e. in 1987 when the firm entered the private sector. The ability of the firm to survive in the private sector depends on the willingness of its stakeholders to support this effort but also on the market’s conditions, which have been proved to be critical for the firm’s stability. ... ? organizational problems The history of the firm is rather short; the firm was established in 1984 through the amalgamation of three major seafood companies. However, the firms participated in the particular organization had a long presence in the particular industry, being related to the first efforts for the establishment of the fishery industry in Canada. This fact should be taken into consideration when evaluating the firm’s performance after the transformation to a legal entity of the private sector. From a first view, the performance of the firm in its industry can be characterized as satisfactory, taking into consideration the market conditions and the environmental challenges, referring especially to the limitation of the fish stock. Despite the above issues, the firm should stabilize its performance and strengthen its position in the global fishery industry in order to be able to face any potential attacks from competitors, as such attack was expressed through the â €˜unsolicited takeover bid’ (case study, p.15) against the firm by NEOS Seafoods Inc. in 1999. The firm’s key organizational problems are highlighted below; suggestions are made for their elimination and the increase of the firm’s competitiveness, so that similar events, like the takeover bid of NEOS, to be avoided in the future. 2.1 Management roles and responsibility One of the key characteristics of FPI is its leadership style. As noted above, the first established in 1984; in 1987 the firm entered the private sector, which means that for about 3 years the firm was under the control of the government. It was in 1984 when the current CEO of the firm, Vic Young, was appointed in his current position. During this period of transition, from 1984 up to 1987, it was unavoidable for the