First Lady Fashions and Frank Knight Essay Example | Topics and Well Written Essays - 500 words

First Lady Fashions and Frank Knight - Essay ExampleHe is the pioneer of the mix and match fashion style. On the new(prenominal) hand, Frank Knight is Harrys nephew and companys treasurer. The paper will discuss the challenges that Frank faced in the enterprise.Sarah is Harrys sister and is the corporations vice- electric chair in charge of administration. The organizational structure clearly states that Frank and Sarah be at the same management level. However, apparently Frank is foot soldier to Sarah. Frank lacks independence in his position as the companys treasurer. For instance, Frank is not allowed to approve any expenditure exceeding 30,000 dollars without Sarahs unceremonious approval. The fact that Sarahs support is merely informal clearly shows that the management tends to undermine Franks authority. The need for Sarahs assent poses a material challenge to not only Frank but also the company as a whole. Sarah is rash, hires and fires employees without consulting anybo dy and objects any proposed changes without any reasonable explanation. Sarah sacked the vice president of industrial relations despite the annual 170,000 dollars per year contract with the company. This action by Sarah negatively influenced the companys expenses and pecuniary welfare. Franks plowshare to the well-being of the firm is inadequate merely due to Sarahs interference in his job.Secondly, lack of coordination among the firms department hinders Franks workmanship. Conflicts among the departmental managers occurred on a daily basis. The managers would fiercely argue if any of them disagreed with the sales forecasts merely because the forecast jeopardised the interests of a departmental they were in charge. Moreover, the sales forecast are distributed to the top-level managers, including Frank, located in the firms headquarters offices. The constant disagreements and amending of the sales forecast interfered with Franks role as the Treasurer. Frank had to adjust financial plans continually in accordance with the frequently proposed changes.