Business Problem at UIT.
As you all know, there is a serious problem of lack of profitability in the Unit Investment Trust. Before taking any action, management would like to get an idea of the ideas and suggestions that might be out there that we haven't looked at. This is your chance to possibly make a difference. (If you need more room, please feel free to write as much as you wish.)
Are you aware that there are problems in the Unit Investment Trust department? ____Yes__No
What is your perception of the problem/s in the Unit Investment Trust?
Do you think there is some way this problem could have been prevented?
One of the problems identified is the fact that UIT uses a whole different accounting system.
Is there some way besides converting to another system or other departments converting to UIT's system, to solve this problem?
5. Is there justification for this particular expense? How is it that it worked without being an undo expense previously?
6. Personnel Costs are another identified area of concern. The suggestion has been made to downsize this department. Is there some other way besides downsizing? Why weren't department Personnel costs an issue previously?
7. We have had some suggestions as to how to solve the problem of this unprofitable cost center. One of those suggestions is to sell off the Unit. Do you think this is possible?
8. How would this be possible?
9. Is it possible that there are other issues under the company's control that could make UIT more profitable?
10. If your were offered the opportunity to re-organize UIT what steps would you take, what changes would you institute to bring profitability back to this section?
Analyses of Survey
The point and purpose of this survey would be to get as much input and as many different viewpoints as possible. Just because people are managers in a big corporation like JP Morgan, does not mean they necessarily have all the answers. First of all there is the possibility that they are locked in to some old ideas and old ways of doing things. The fact that the management only identified three major ideas for solving the problems...
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