Melissa Baldan Prepared for Dr. Mike March 24, 2005 MGT 485 Unit 1 IP During the evaluation of the Wallace Group, it has come to my attention that several key factors are obstructing the growth of the company. The main issue in determining how these factors can be changed is by remolding the company outlook. It is imperative that The Wallace Group change their business perspective to a strategic choice perspective. This perspective utilizes an outlook such that the …
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…attitudes, will be able to project this eagerness to the employees. Furthermore, this forward thinking attitude will provide the strategic growth prospective discussed earlier. These factors must all come together; they will not work on their own. The Wallace Group can expect to see exciting changes within the company, once these actions have been executed. References Wheelen, T., & Hunger, J. (2004). Strategic Management and Business Policy. 9th ed. Upper Saddle River, NJ: Prentice Hall.