Written Analysis and Communication: Report on Homesafe Limited

Homesafe Ltd. Written summary and communion Instructor Dr. Seema Khanvilkar Submitted By Apurv Jain, D023 Shreyansh Jain, D027 Mohit Sejwal, D055 Vinay Pal, D045 Sahil Bhavnani, D006 Aman Jakhar, D030 Letter of Transmittal To, Dr. Seema Khanvilkar, Business Communication Faculty, SBM, NMIMS Mumbai Date 4th March 2013 From, Div D, MBA I Subject Report on Homesafe Ltd. Respected Maam, With reference to the meeting held on 20th Feb, 13 regarding the recomm terminalation required on Homesafe Ltd. case, I am enclosing the fat wrap up with our barrackations.We recommend that Holmes should athletic supporter capital of Mississippi discovery a sever m excogitate in an external uncorrelated craft. This impart be a win-win situation for both the parties. Sincerely, Div D Executive Summary This is report about a challenging situation faced by George Holmes, the damp of Homesafe Ltd. an emerging make-? up. Homesafe was doing very well with short letter prospering and expanding demand. Holmes found himself in a tricky situation when capital of Mississippi, the purchase manager of his largest client, Dwasons, subtly suggested that he needed an alternate source of income and if Holmes did not table service, Homesafe efficiency lose barter with Dwasons. Holmes as several excerpts like offering Jackson direct help, help him honour employment elsewhere or to let go of business with Dwasons. We recommended that Holmes leverages his ad hominem network to mother Jackson a part clock job in an external unrelated business. This will conserve the birth between Holmes and Jackson and will be in the best come to of both. Report SITUATION ANALYSIS Homesafe Ltd is an emerging start-? up in the protection space. It was a started as a single product telephoner by an engineer, George Holmes in his personal workshop. Over the year this comp some(prenominal) has grown signifi bay windowtly and added an advisory services vertical oo. There is significant demand fo r the companys products and the business has been profitable in both the years. Things are looking at good with business prospering, Homes has had some of his old friends join him in his business which they operate part time. Holmesafe also recently recruited fulltime employees and shifted to new premises. Holmes has invested significantly in networking and has maintained personal kin with his clients and till a certain transcend relies on these relations to push his sales too. Most prominent of these, is his relationship with Jackson, who is a procurement manager at Dwasons Ltd, Homesafes argest client. During the feed of these years Jackson was also offered a job at Homesafe however refused to take it up as there was a departure of interest. angiotensin-converting enzyme day, Holmes finds himself in a tricky situation when Jackson calls him and hints at his unembellished cash situation and how a little more cash will help him. Jackson also subtly threatens Homes that Dawso ns might start buying from Browns instead of Homesafe. Although there is enough demand in the marketplace and the security segment is growing Homes still has to think weather he can afford to lose the contract with Dwasons. Homes has to evaluate this situation carefully and weigh his ptions of how to deal with Jackson. PROBLEM STATEMENT Should Holmes help Jackson to find him a part time job? OPTIONS 1. Holmes hires open Jackson as a part time employee at Homesafe 2. Offer Jackson a part time consultant role in Advisory function 3. Help Jackson find a part time job in an external unrelated business 4. Not providing Jackson any assistance CRITERIA FOR EVALUATION 1. Holmes Ltd. s revenues 2. Holmes Ltd. s relationship with Dawsons Ltd. 3. uncivil Jacksons passage of arms of interest 4. Legal implications EVALUATION OF OPTIONS George Holmes hires Frank Jackson as a part time employee for the position of a buyer IfGeorge Holmes hires Frank Jackson as an employee in his company and so they might lose their partnership with the Dawsons Ltd. since earlier on Thomas, Jacksons boss had not approved of Jackson working with a supplier. There would be a significant conflict of interest which might pose a legal problems for both Dwasons and jacksons too. Since major part of the revenues comes from there, the next years revenues would come level steeply. Their relationship with Dawson limited would also be strained hence we can rule this option out. Offer Jackson a part time consultant role in Advisory Services By choosing this option Holmesafe ould be able to mitigate direct legal implications and also the conflict of interest can be reduced. However this is also not example as Jackson still would be associated with Homesafe. From Homesafes point of look on this arrangement will work because Jackson will get a job and their relationship with Dwasons will persist. Help Jackson find a part time job in an external unrelated business In this option there would be mini mal conflict of interest and virtually no legal implications. This will be a win-? win situation for both as Jackson will find an alternate stream of income and his relationship with Holmes will continue to be ordial. This commission Homesafe will be able to continue their sales to Dwasons. Not erect assistance for his personal problem at all Choosing this option would allow in a priority clash between Holmes & Jackson and thence would prune the revenues of Holmesafe in coming years as Jackson would entice his superiors to end contract with Holmesafe & hire Browns instead. The relationship between Jackson & Holmes would and then end on a bitter note, thus bringing an end to symbiotic relationship. We can rule this option out too. RECOMMENDATION We recommend that Holmes helps Jackson find a part time job in an external unrelated business. This ill benefit everyone involved and will be the most ethical choice too. Holmes helped Jackson in the capacity of a friend. PLAN OF ACTION Holmes should explain Jackson how a Job at Homesafe would be counterproductive for everyone and how he will help find him a job at an external business. Holmes by nature maintains good personal relationships with people around him. He would have significant personal contacts that he can leverage and recommend Jackson to them for a Job. Also he is joined by several of his friends at Homesafe that can also help Jackson find a job. Together they can find Jackson a job in their personal network only.