Eden Mccallum Case Study - 4113 Words

Executive Summary: Eden McCallum needs a plan of action to take it through the recession. There are several issues at play for the firm, all of which must be thoroughly examined. We have identified Eden McCallum’s business model, organizational structure, and work culture as its core challenges in the face of the recession, and we will attempt to understand why these issues have taken their current shapes. We will then evaluate potential action plans, weighing each against its effect on the financial survival, sustainability, and credibility of the firm. With these criteria in mind, we will present available options for Eden McCallum. These options can be broadly categorized as those that cut costs, those that maintain the status quo†¦show more content†¦With decision-making power spread across the board, the firm will find it difficult to take decisive, critical steps when faced with a crisis. Additionally, each decision requires the full support of all the part ners. As every partner may not share the vision of the founders, a partner may balance his or her personal interests against those of the firm. As seen, some staff members are already stating the reduction of compensation as a significant factor in decision-making. Decisions made with personal interests and short-term profits in mind will lack the long-term impact and foresight that are required at such a critical juncture. Work culture and values will also be factors in Eden McCallum’s plan of action moving forward. The firm focuses on integrity, the long term, and transparency. Rash decisions that only affect the bottom line don’t mesh with the vision of the founders. Eden McCallum values and respects its clients, consultants, and employees, and it won’t make decisions that don’t reflect that. This could, however, eliminate some potential options for the firm. Taking a deeper look at the current situation helps to expose the causes and context of the firm’s issues. Eden McCallum is an innovative firm with some unique attributes. It is the firm that took the freelance consulting market to corporate suites. The firm has cultivated values around human relationships more so than almost